Credit union · Privately insured
South Bay Credit Union
Top CarrotA $164.3M credit union headquartered in Redondo Beach, CA, with 9,930 members and 3 branches in California. Best rates: CDs 4.00% and savings 0.40% APY.
South Bay Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 78% of U.S. banks and credit unions
#38 of 128 in Los Angeles, CA metroHow the score works →
Deposits are privately insured, not by the federal government.
About South Bay Credit Union
Founded in 1953 as Centinela-South Bay Credit Union, South Bay Credit Union is headquartered in Redondo Beach, California.
The member-owned cooperative adopted its current name in 1993 and converted to a community charter in 2002.
Following a 1998 merger with Palos Verdes Schools Federal Credit Union, it operates three branches in the South Bay.
- Headquarters
- 312 N Pacific Coast Hwy, Redondo Beach, CA 90277-2837
- NCUA charter
- 95052
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Membership is open to anyone who lives, works, or worships in the South Bay community of Los Angeles County.
Branches
3 branches in California
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California
3 branches
- Redondo BeachMain office312 N Pacific Coast Hwy, Redondo Beach, CA 90277Directions
- Lomita Branch24520 Narbonne Ave, Lomita, CA 90717Directions
- Artesia Branch2023 Artesia Blvd, Redondo Beach, CA 90278Directions
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 | 9.41% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.48% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.11% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $86 | $76 | — |
- CapitalNet worth ratio9.41%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.48%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.11%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$86Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 South Bay Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.