South Bay Credit Union

About South Bay Credit Union

South Bay Credit Union Location

2304 Artesia Blvd
Redondo Beach, CA 90278

Phone: (310) 372-5488
Website: sbcu.org
Routing/Transit Number: Not Available

South Bay Credit Union Information

South Bay Credit Union of Redondo Beach, CA is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 8244 members and assets of $70,577,558, as compared to the national average of $93 million dollars of assets per credit union. South Bay Credit Union, first opened in 1953 and has been in operation since then. Additionally, South Bay Credit Union has 22 full time employees and 0 part time employees, or 374.727272727 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that South Bay Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. South Bay Credit Union is a not-for-profit, cooperative, tax-exempt organization.