Monterra Credit Union Redwood City CA

Introduction

Welcome to Monterra, your trusted financial partner since 1952! Located at 575 Middlefield Rd, Redwood City, CA 94063, our branch has been serving the community for over 70 years. With a strong commitment to our members, we are proud to have grown to a membership base of 96,523 individuals who rely on us for their financial needs. At Monterra, we understand that every member has unique goals and aspirations. That's why we offer a variety of financial solutions tailored just for you. Our total assets amount to an impressive $1,753,317,449, reflecting our stability and dedication to providing quality service. With $228,479,308 in total deposits and a solid net worth of $219,309,894, you can trust that your finances are in good hands. Under the leadership of CEO Wade Painter and Board President John Beiers, we prioritize transparency and community involvement. Our dedicated team of 214 employees is here to assist you every step of the way. Whether you're looking for loans or simply want to manage your savings better, we're here to help. While members can visit us at our branch location, feel free to explore our website at monterra.org for more information or give us a call if you have questions. Your financial journey matters to us, and we're excited to be part of it! Come see how Monterra can make a difference in your life today!

Branch History & Mission

Commitment to Innovation

As times change, so do we. Monterra embraces digital advancements that enhance your banking experience. From online banking to mobile payments, we ensure that our members have access to their accounts anytime, anywhere. Our focus on ADA compliance ensures that all members can easily navigate our services. With total assets exceeding $1.7 billion, we are well-positioned to continue supporting our members' needs now and into the future. Our partnerships with local organizations further strengthen our ties within the community, allowing us to give back in meaningful ways.

Join Us

We invite you to become part of the Monterra family! Experience firsthand how we prioritize your financial well-being while contributing positively to the Redwood City community. Visit us today at 575 Middlefield Rd or connect with us online at Monterra. Your journey toward financial empowerment starts here!

Our Mission

At the core of Monterra's mission is a commitment to empower our members through accessible financial services and community support. We believe that everyone deserves the opportunity to achieve their financial goals. By providing personalized banking solutions, we strive to make banking easy and inclusive for all. We understand that financial literacy plays a vital role in community development. That's why we actively engage in outreach programs designed to educate and assist our members. Whether it's workshops on budgeting or seminars on home buying, our goal is to equip individuals with the knowledge they need to succeed.

Branch Location & Accessibility

Accessibility Features

We understand how important it is for everyone to access banking services without hassle. Our branch is equipped with ADA-compliant features, including ramps and designated parking spaces to ensure ease of entry for all individuals. We want you to feel welcome and comfortable when you visit us.

Call to Action

We invite you to visit Monterra today! Experience personalized service from our dedicated team who are eager to help you with all your financial needs. If you have questions or need assistance before visiting, don't hesitate to give us a call at . We look forward to welcoming you soon!

Operating Hours and Services

Our operating hours are designed with your schedule in mind. Although specific hours aren't listed here, we strive to accommodate your banking needs throughout the week. Please check our website or give us a call for the latest updates on when we're open. Additionally, we offer ATM services right at our location! You can make withdrawals and check balances at your convenience, ensuring that you have access to your funds when you need them most. Unfortunately, we currently do not have drive-thru banking available; however, our friendly staff is always ready to assist you inside.

Member Eligibility

At Monterra, we believe that everyone deserves a financial partner who truly cares. Joining our community means more than just opening an account; it's about becoming part of a family that supports your dreams and goals. To be eligible for membership at Monterra, you simply need to live, work, worship, or attend school in San Mateo County or have a family member who is already a member. It's that easy! Plus, once you become a member, you'll enjoy all the benefits we offer, from competitive loan rates to personalized service designed just for you. If you'd like to know more about the eligibility criteria, please visit our website at http://www.monterra.org for detailed information. When you're ready to take the next step in joining us, you can find everything you need about opening an account right there as well! If you have any questions or need assistance, don't hesitate to reach out to us at . We can't wait to welcome you into our community at 575 Middlefield Rd, Redwood City, CA 94063!

Business Banking & Commercial Services

Lending Solutions That Work for You

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 Made Simple

In today's fast-paced market, having efficient payment solutions is crucial. Our merchant services empower businesses to accept payments easily, manage transactions smoothly, and keep their operations running without a hitch. Whether you're a local retailer or an online service provider, we have the tools you need to serve your customers better. Located at 575 Middlefield Rd, Redwood City, CA 94063, Monterra is here to partner with you on your journey to success. Let us help you achieve your business goals today!

Comprehensive List Of Services

Banking Made Easy

One of the key features at Monterra is our ATM Services Only. With basic ATM access, you can easily perform essential transactions such as withdrawals and balance checks without the need to visit a branch. This service is perfect for those on the go or anyone who prefers the convenience of accessing their funds anytime, anywhere.

Digital Banking Features

In today's fast-paced world, managing your finances should be simple and efficient. At Monterra, we prioritize ease of access through digital banking features. Our online banking platform allows you to check your account balances, view transaction history, and transfer money all from the comfort of your home or while on the move. If you're someone who enjoys using mobile apps, you'll be pleased to know that we also offer mobile payments and a user-friendly mobile application. This means you can make payments, manage your accounts, and even send money to friends with just a few taps on your phone.

Join Us Today!

Ready to experience all that Monterra has to offer? Visit us today at our Redwood City branch or explore more about our services online at Monterra's Website. We look forward to serving you!

Real-World Solutions

Imagine you're out running errands and suddenly realize you need cash for a quick purchase. With our ATM services, you can simply stop by one of our ATMs and withdraw the amount you need in minutes. You won't have to worry about finding a bank or waiting in line; it's as easy as stopping at your favorite store.

Your Financial Partner

At Monterra, we believe in building relationships with our members. We understand that each member has unique financial needs. Whether you're saving for a big purchase or planning for retirement, we are here to provide guidance and support. If you ever have questions or need assistance with any services, don't hesitate to reach out! You can contact us at [phone_number] for personalized help from our friendly staff.

Digital & Online Banking

Key Services for Your Convenience

One of the standout features is our user-friendly mobile application, which allows you to handle all your banking needs right from your smartphone. Whether you're checking balances, transferring funds, or paying bills, everything is just a few taps away. Plus, our mobile payments feature makes it simple to pay for everyday purchases without needing cash or cards. We also provide secure person-to-person transfers, making it easy to send money to friends or family in real-time. No need to worry about carrying cash or writing checks just a quick transfer through our app will do the trick.

Security You Can Trust

When it comes to security, we prioritize your peace of mind. With electronic signature authorization available, signing documents online is not only safe but also incredibly convenient. You can manage your finances confidently, knowing that your personal information is protected. Additionally, e-statements are offered to help reduce paper clutter while ensuring you have quick access to your financial records. This eco-friendly option keeps you organized and informed. At Monterra, we're committed to providing accessible and efficient banking solutions tailored for you. Explore all these fantastic features by visiting us online at http://www.monterra.org and take control of your financial journey today!

Financial Strength

Building Trust Through Growth

Total Share Accounts stand at 209,356, showing a strong and growing member base that trusts us with their finances. Our solid net shares available for lending demonstrate our commitment to supporting you every step of the way. 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 575 Middlefield Rd Redwood City Ca 94063 or call us at nan to learn more about how we can help you achieve your financial goals.

Member-Focused 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.

Operational Efficiency

Our performance shows through our impressive net income of $14,026,121, reflecting 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 and committed team.

Reinvesting in Our Future Together

With $203,198,285 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our capacity to support your financial goals is further reflected in our lending portfolio with $1,420,098,349 in total loans and leases, including $9,552 in used auto loans.

Solid Financial Health

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 provide some of the lowest rates in the industry. We have already issued over $178,687,948 in new vehicle loans and $159,162,975 in used vehicle loans to help our members get on the road. Whether you're interested in purchasing a new or used vehicle, we're here to support you every step of the way.

Commercial Loans

For business owners seeking growth opportunities, we have outstanding commercial loans totaling $15,289,625. These loans are designed to provide the capital necessary for expansion and operational needs. If you're considering refinancing or looking for eligibility options for any of these loan products, please feel free to reach out. Our team is ready to assist you in finding the best solutions for your financial situation. 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 located at 575 Middlefield Rd Redwood City Ca 94063, we're committed to helping you navigate your financing journey. For more information or inquiries about our loan offerings, please call us at . Let's work together toward your financial success!

Credit Lines and Unsecured Loans

We also offer flexible terms on unsecured credit card loans, with a total of $54,374,038 in loans helping members manage their finances effectively. Additionally, our total credit lines amount to $550,389,531, giving you access to funds whenever you need them.

Mortgage Options

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $139,824,385, make buying or refinancing simple. We aim to provide our members with affordable pathways to owning a home.

Loan Aggregator

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MONTERRA CREDIT UNION