Credit Unions Near Me
National Credit Union Service Organization

SAN MATEO CREDIT UNION

Jun, 30, 2023 — SAN MATEO CREDIT UNION is a federally insured state chartered credit union headquartered in REDWOOD CITY, CA with 8 branch locations and about $1.69 billion in total assets. Opened 72 years ago in 1952, SAN MATEO CREDIT UNION has about 89,145 members and employs 203 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 321174851
Name:SAN MATEO CREDIT UNION
Address:
(Main Office)
350 Convention Way
REDWOOD CITY, CA 94063
Phone:(650) 363-1725
Fax:
Website:https://www.smcu.org
Branches:8 branch locations
Members:89,145
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62736
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1952
Last Audited:Dec 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$1,685,212,502
CEO/Manager:Wade Painter
Chairperson:Brian Ponty

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 342,888,911
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 834,539,156
 Unsecured Loans 67,886,661
 Other Loans 337,376,365
 TOTAL LOANS 1,239,802,182
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,200,557
 Land And Building 13,509,726
 Other Fixed Assets 18,051,947
 NCUSIF Deposit 14,508,299
 All Other Assets 0
  TOTAL ASSETS 1,685,212,502
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 25,422,453
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 381,625,233
 Regular shares 606,179,745
 All Other Shares & Deposits 499,795,685
  TOTAL SHARES & DEPOSITS 1,487,600,663
  TOTAL LIABILITIES 1,513,023,116
 Regular Reserve 0
 Other Reserves 10,409,025
 Undivided Earnings 161,780,361
  TOTAL EQUITY 172,189,386
  TOTAL LIABILITIES, SHARES, & EQUITY 1,685,212,502
INCOME & EXPENSE  
 Loan Income 29,311,435
 Investment Income 5,943,202
 Other Income 3,867,753
 Total Employee Compensation & Benefits 17,601,060
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 16,180,212
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 550,673
 Cost of Funds 4,509,746
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,506,359
↑ Back to Top

Other Credit Unions

SOUTH SAN FRANCISCO CITY EMP FEDERAL CREDIT UNION
P.O. Box 5641
SOUTH SAN FRANC, CA 94083-5641
SEQUOIA FEDERAL CREDIT UNION
530 El Camino Real
REDWOOD CITY, CA 94063-1212
MY CREDIT UNION
510 VETERANS BLVD STE B
REDWOOD CITY, CA 94063
SAN MATEO CITY EMPLOYEES FEDERAL CREDIT UNION
Credit Union
SAN MATEO, CA 94403
POLAM FEDERAL CREDIT UNION
770 Marshall St
REDWOOD CITY, CA 94063-1846
MENLO SURVEY FEDERAL CREDIT UNION
345 Middlefield Rd
MENLO PARK, CA 94025
UPWARD CREDIT UNION
1860 El Camino Real Ste 100
BURLINGAME, CA 94010-3106
BAY CITIES CREDIT UNION
22777 Main St
HAYWARD, CA 94541-5113
SRI FEDERAL CREDIT UNION
333 RAVENSWOOD AVE
MENLO PARK, CA 94025
PROVIDENT CREDIT UNION
303 Twin Dolphin Dr
REDWOOD CITY, CA 94065-1497

— The information found on this website is provided “AS IS”. We do not verify or guarantee its accuracy or validity. Please contact the credit union directly for any specific questions you may have regarding services and/or features. Visit NCUA.gov or MyCreditUnion.gov for more information regarding credit unions.