Credit union · NCUA insured
SLO Credit Union
A $29.7M credit union headquartered in San Luis Obispo, CA, with 1,315 members and 1 branch in California. Best rates: CDs 3.45% and savings 0.10% APY.
SLO Credit Union Carrot Score
71
Carrot Score
Higher than 28% of U.S. banks and credit unions
#8 of 12 in San Luis Obispo, CA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About SLO Credit Union
Formed in 1953 when four local credit unions merged to establish the Credit Union Center, SLO Credit Union is a member-owned financial cooperative.
Headquartered in San Luis Obispo, California, the credit union serves individuals and businesses across the Central Coast and San Luis Obispo County.
- Headquarters
- 1220 Osos St, San Luis Obispo, CA 93401-3620
- NCUA charter
- 61779
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live in San Luis Obispo County are eligible for membership.
- Individuals who regularly work in San Luis Obispo County are eligible for membership.
Military, government and schools
- Individuals who attend school in San Luis Obispo County are eligible for membership.
Family and household
- Immediate family members of existing members (spouses, children, parents, grandparents, and grandchildren, including step or adoptive relationships) are eligible for membership.
Cost to join
- Membership requires opening a SLO Savings account with a $5.00 minimum deposit.
Branches
1 branch in California
Loading map…
California
1 branch
- Main OfficeMain office1220 Osos St, San Luis Obispo, CA 93401Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 14.47% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.20% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | -0.51% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $54 | $59 | — |
- CapitalNet worth ratio14.47%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.20%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets-0.51%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$54Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of SLO Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.