Monterra Credit Union Daly City CA | Affordable Auto Loans & Business Banking

Introduction

Welcome to Monterra, your trusted financial partner located in the heart of Daly City at 415 Westlake Ctr, CA 94015. Since our establishment in 1952, we have proudly served our community, cultivating a strong bond with our 96,523 members. With total assets exceeding $1.75 billion, we are committed to providing exceptional financial services tailored to meet your needs. At Monterra, we believe that banking should be accessible and personal. That's why we offer a range of services, from checking and savings accounts to auto loans and mortgage refinancing. Our goal is to empower you with the tools you need to achieve your financial dreams. With over $228 million in deposits and a robust loan portfolio of 53,304 loans, you can trust us to manage your finances wisely. Our leadership team, led by CEO Wade Painter and Board President John Beiers, is dedicated to ensuring that every member feels valued and supported. We invite you to experience the difference that comes from being part of a credit union that truly cares about its members. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to the same address: 415 Westlake Ctr, Daly City, CA 94015-1432. Feel free to reach out to us at 650-562-2007 for any inquiries or assistance. Join us today at Monterra, where we turn banking into a relationship focused on your success! Visit our website at monterra.org for more information and discover how we can help you thrive financially.

Branch History & Mission

Our Mission

Monterra's mission is simple yet powerful: we strive to improve the financial well-being of our members while actively supporting our local community. We offer a range of services tailored to meet diverse needs, including personal banking products such as checking and savings accounts, auto loans, mortgage loans, personal loans, and credit cards with rewards. Additionally, we provide business banking solutions like merchant services and business loans. Our commitment extends beyond just financial services; we believe in making a real difference in the lives of our members and neighbors. By fostering partnerships with local organizations and participating in community outreach efforts, we aim to uplift those around us. While members can visit us at 415 Westlake Center, official correspondence should be sent to 415 Westlake Center, Daly City, CA 94015-1432 if different from our branch address. Our operating hours are designed for your convenience: we're open Monday through Friday from 10 AM to 6 PM and Saturday from 10 AM to 3 PM. Plus, with an ATM available on-site for easy transactions, we've got you covered for all your banking needs. As we look toward the future, Monterra remains committed to maintaining high standards of service while ensuring ADA compliance and putting our members first. Join us today and experience the benefits of being part of Monterra a credit union that cares about you and your community! For any questions or assistance, feel free to reach out at 650-562-2007.

Branch Location & Accessibility

Welcome to the Monterra Daly City Branch, your friendly neighborhood credit union located at 415 Westlake Ctr, Daly City, CA 94015. Nestled in the heart of Daly City, our branch is conveniently situated near popular local spots, making it easy for you to stop by and take care of your banking needs. Whether you're grabbing a coffee at a nearby café or visiting the Westlake Shopping Center, we are just a quick walk away! At Monterra, we prioritize accessibility for all our members. Our branch features ADA-compliant facilities, including ramps and designated parking spots to ensure everyone can access our services with ease. If you're planning a visit, you'll find ample parking available right outside the entrance. We understand that your time is valuable. That's why our lobby hours are designed to accommodate your busy schedule. We are open from 10 AM to 6 PM on weekdays and from 10 AM to 3 PM on Saturdays, allowing you to visit us at your convenience. Should you need assistance outside these hours, feel free to give us a call at 650-562-2007; our team is always ready to help! For those who prefer digital banking options, we offer various services such as online banking and mobile payments for easy account management from anywhere. Plus, enjoy ATM access whenever you need cash our ATM is available around the clock! While members can visit us at 415 Westlake Ctr, official correspondence should be sent to the same address listed above. We're here for all your personal banking needs, including checking and savings accounts, auto loans, mortgage options, and more. We invite you to come see us at the Monterra Daly City Branch! Experience how simple banking can be with our dedicated staff ready to assist you. We look forward to welcoming you soon!

Member Eligibility

At Monterra, we believe that everyone deserves access to financial services that are supportive and tailored to their needs. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in San Mateo County, you're already eligible to join our vibrant community. Membership opens the door to a range of benefits, from personalized banking solutions to competitive loan rates that can help you achieve your financial goals. If you're curious about the specific eligibility criteria, feel free to check out more details at this link. Opening an account with us is just as straightforward! You can visit us at our branch located at 415 Westlake Ctr, Daly City, CA 94015, or give us a call at 650-562-2007 for any questions. We're here to help you every step of the way as you become part of the Monterra family!

Business Banking & Commercial Services

Financing Solutions for Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $11 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $7 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $15,289,625, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Matter

In today's fast-paced market, having efficient payment processing is crucial. Our merchant services simplify transactions, allowing you to focus on what you do best running your business. Imagine being able to accept payments anytime, anywhere, with tools designed to enhance your customer experience. Visit us at 415 Westlake Ctr Daly City Ca 94015 in Daly City, CA or call us at (650) 562-2007 to learn how our business banking solutions can empower your success!

Comprehensive List Of Services

Business Banking

For our entrepreneurial members, we provide comprehensive business banking services, including merchant services and business loans. Whether you're launching a startup or expanding an existing business, our team is here to support you with financial solutions tailored for businesses.

Credit Cards and Rewards

In today's world, having the right credit card can enhance your purchasing power. At Monterra, we offer credit cards with rewards that provide cash back or points for your everyday purchases. Imagine earning rewards just for using your card it's an easy way to maximize your spending!

Easy Access

At Monterra, we recognize the importance of having easy access to your finances. Our basic ATM access allows for withdrawals and balance checks whenever you need them. With 24/7 online banking capabilities and mobile payments available, managing your finances is more straightforward than ever. We invite you to visit us at our Daly City branch or give us a call at 650-562-2007 to learn more about how Monterra can serve you better. Your financial well-being is our priority, and we're excited to help you on your journey! For further details about our services, please visit us online at monterra.org.

Online and Mobile Banking

In addition to traditional banking options, we prioritize convenience through our online and mobile banking platforms. You can easily check balances, transfer funds, and pay bills anytime from anywhere. Plus, our ATM and cash withdrawal services ensure that accessing your money is quick and hassle-free.

Personal Banking

We offer various personal banking options tailored just for you. Whether you're opening a checking or savings account, our accounts come with features designed to help you manage your finances effectively. Need funds for a new car? Our auto loans and vehicle financing options make it easier than ever to get behind the wheel of your dream vehicle. With competitive rates and flexible terms, you'll be driving off in no time. If you're thinking about buying a home or refinancing your current mortgage, our mortgage loans are here to assist you in navigating this significant investment. And if life throws some unexpected expenses your way, consider our personal loans and debt consolidation services to help you regain control.

Digital & Online Banking

Accessibility

At Monterra, we believe that managing your money should be straightforward and accessible for everyone. Our digital tools are designed to give you real-time account management so that you always know where your finances stand. Whether it's checking your balance or making a quick transfer, our online services put you in control anytime, anywhere. Experience the ease of modern banking with Monterra your trusted partner in personal finance!

Key Features

Our online banking platform is user-friendly and secure, making it a breeze to handle your finances safely. You can sign documents electronically with ease thanks to our electronic signature authorization feature. Plus, you'll enjoy the convenience of e-statements, which means you can view and download your bank statements without the clutter of paper. For those who prefer mobile banking, our mobile application allows you to make payments quickly and securely. You can even use mobile payments for added flexibility when shopping or dining out. Need to send money to a friend? Our person-to-person transfer service lets you do just that in seconds.

Financial Strength

Efficient Operations

Our net income of $14,026,121 reflects our operational efficiency. This enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 210 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable team.

Growing Trust

Total Share Accounts: 209,356 show a strong and growing member base that trusts us with their finances. Your confidence in Monterra reinforces our commitment to providing reliable services tailored to your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Monterra is your trusted partner. Visit us at 415 Westlake Ctr Daly City Ca 94015 or call 650-562-2007 to learn more about how we can help you achieve your financial goals.

Lending Capacity

Our lending capacity supports members' financial goals across various sectors with $9,552 in used auto loans and an impressive $1,420,098,349 in total loans and leases. These figures reflect our ability to assist you whether you're looking to purchase a vehicle or finance significant projects.

Member-Centric Savings

Members' savings are secured through $417,061,917 in share certificates and $192,305,137 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Reinvestment for Growth

With $203,198,285 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. This commitment allows us to adapt to your needs while enhancing our service offerings.

Solid Financial Foundation

With a net worth of $219,309,894, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 1249 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $159,162,975 in used vehicle loans and $178,687,948 in new vehicle loans already helping members get on the road. Whether you're interested in financing a new or used vehicle, our team is here to guide you through the process. We also have refinancing options available if you're looking to lower your monthly payments or take advantage of better rates.

Business Financing

For business owners seeking growth opportunities, our outstanding commercial loans totaling $15,289,625 provide the capital needed to expand and succeed. We understand the unique challenges faced by small businesses and are dedicated to offering tailored solutions that empower entrepreneurs. If you have any questions about our loan offerings or would like assistance with your application process, don't hesitate to reach out! Call us at 650-562-2007 during our operating hours from 10 AM to 6 PM Monday through Friday and 10 AM to 3 PM on Saturdays. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Monterra, we're here for you every step of the way as you embark on your financial journey!

Mortgage Loans

Thinking about homeownership? Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $139,824,385, making buying or refinancing simple. We strive to provide competitive rates and flexible terms that cater to your situation. Our knowledgeable staff can help you explore eligibility options to find a mortgage plan that fits your needs.

Unsecured Credit Cards

Managing day-to-day expenses can be challenging without the right tools. That's why we offer flexible terms on unsecured credit card loans, with a total of $54,374,038 in loans helping members manage their finances effectively. Whether it's for everyday purchases or unexpected expenses, our credit cards come with rewards that can enhance your spending power.

Loan Aggregator

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MONTERRA CREDIT UNION