Monterra Credit Union San Mateo CA | Affordable Auto Loans & Checking Accounts

Introduction

Welcome to Monterra, where community and financial well-being come together! Since opening our doors in 1952, we've proudly served the residents of San Mateo, CA, helping over 96,500 members achieve their financial goals. You can find us conveniently located at 1515 S El Camino Real, San Mateo, CA 94402. For any official correspondence, please use the same mailing address. At Monterra, we understand that every member has unique needs. That's why we offer a wide range of services, including checking and savings accounts, auto loans, mortgages, personal loans, and credit cards with rewards. Our commitment to providing excellent service is reflected in our impressive total assets of $1.75 billion and total deposits exceeding $228 million. With a strong net worth of $219 million and cash in hand totaling $13.97 million, you can trust us to be a reliable partner in your financial journey. Under the leadership of CEO Wade Painter and Board President John Beiers, our dedicated team of 214 employees is here to support you with personalized banking solutions tailored just for you. Whether you need help with business banking or are looking for convenient online and mobile banking options, we're always ready to assist you. We invite you to visit us or give us a call at 650-363-1740 during our operating hours: 9 AM - 5 PM from Monday to Thursday, 9 AM - 6 PM on Friday, and 9 AM - 1 PM on Saturday. Let's work together to build a brighter financial future for you and your family! Explore more about what we can offer by visiting our website at monterra.org. Your financial success is our mission!

Branch History & Mission

Welcome to the Monterra branch, a cornerstone of community banking in San Mateo, California. Established in 1952, Monterra has proudly served its members for over seven decades, growing from a small local credit union into a trusted financial partner with a membership base of 96,523 and total assets amounting to an impressive $1,753,317,449. Our journey reflects our commitment to providing personalized service and financial solutions that empower individuals and families. Located at 1515 S El Camino Real, San Mateo, CA 94402, our branch is conveniently positioned near key landmarks that make us easily accessible. Whether you're visiting us during our operating hours Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, or Saturday from 9 AM to 1 PM you'll find a welcoming atmosphere where your financial needs are prioritized. While members can visit us at this address, official correspondence should be sent to the same location. At Monterra, our mission is clear: we strive to enhance the financial well-being of our members while actively contributing to the community's growth and development. We believe in creating a positive impact through responsible lending practices and innovative financial products tailored to meet diverse needs. From personal checking and savings accounts to auto loans and mortgages, we are dedicated to offering services that not only facilitate transactions but also foster dreams. In addition to traditional banking services, we have embraced digital advancements that make banking more convenient for you. With features like online banking and mobile payments available at your fingertips, managing your finances has never been easier. We prioritize accessibility by ensuring ADA compliance in all our facilities and offering ATM services for quick cash withdrawals. Our commitment extends beyond banking; we actively engage in community outreach efforts. By partnering with local organizations and participating in events that promote financial literacy and support for those in need, we reinforce our belief that strong communities build strong futures. Join us at Monterra today! Experience firsthand how we can help you achieve your financial goals while being part of a supportive community-focused credit union. For any inquiries or assistance, feel free to contact us at 650-363-1740. Your journey towards better financial health starts here!

Branch Location & Accessibility

Convenient Access and Features

Our branch is designed with accessibility in mind. Parking is available right outside, making it easy for you to pop in for your banking needs. We are committed to ensuring that all members can access our services comfortably, including features like ADA-compliant entrances and ramps.

Let’s Connect!

If you have any questions or need assistance before visiting us, feel free to call at 650-363-1740. We invite you to come by and discover how Monterra can support your financial journey!

Operating Hours That Fit Your Schedule

We understand that life can get busy, which is why we offer flexible operating hours. Visit us Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and even on Saturday from 9 AM to 1 PM. Whether you need help with personal banking, auto loans, or mortgage options, our friendly staff is ready to assist you during these hours.

Services Just for You

At Monterra's San Mateo Branch, we provide a variety of services tailored to meet your financial needs. From checking and savings accounts to auto loans and credit cards with rewards, our team is dedicated to helping you find the right solutions. Plus, with ATM availability on-site, accessing cash is always convenient. While members can visit us at our San Mateo location for transactions and inquiries, official correspondence should be sent to the same address: 1515 S. El Camino Real, San Mateo, CA 94402.

Member Eligibility

Joining Monterra is like becoming part of a friendly family, where your financial well-being is our top priority. Membership at Monterra, located at 1515 S El Camino Real San Mateo Ca 94402, is open to individuals who live, work, worship, or go to school in our community. We believe that everyone deserves access to quality financial services, and becoming a member here means you can enjoy personalized service and a variety of benefits tailored just for you. The process to become a member is simple! You can easily open an account by visiting us or giving us a call at (650) 363-1740. We're here to guide you through the steps and ensure that your transition into our community feels smooth and welcoming. For more detailed information about eligibility criteria, feel free to check out our resource. We're excited to have you on board!

Business Banking & Commercial Services

At Monterra in San Mateo, CA, we understand that every business has unique needs. That's why our Business Banking and Commercial Services are designed to help you grow and thrive in a competitive market. Imagine having access to the financial support that can turn your vision into reality. Whether you're a startup or an established company, our commercial loans can provide the boost you need. 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. In addition to loans, we offer merchant services that simplify transactions and enhance customer experience. Picture this: your customers easily pay for their purchases through various payment methods while you enjoy fast and secure transactions. At Monterra, we're here to help your business thrive. Visit us at 1515 S El Camino Real, San Mateo, CA 94402 or call us at 650-363-1740 to learn more!

Comprehensive List Of Services

Business Banking Services

If you're a business owner, we have specialized services just for you! Our business banking offerings include merchant services and business loans that can help your enterprise thrive. We understand the unique challenges businesses face, and we're here to provide the financial tools necessary for success.

Convenient Access Anytime

Your convenience is important to us. That's why we offer ATM services for easy cash withdrawals and balance checks. You can rely on our banking solutions anytime, anywhere through our robust online and mobile platforms perfect for busy lifestyles. As part of our commitment to serving you better, we invite you to visit our branch or give us a call at 650-363-1740. Our dedicated team is ready to answer any questions and help you explore all the services available at Monterra. Discover how we can assist you today by visiting our website or stopping by the San Mateo Branch! Your financial goals are within reach with Monterra by your side.

Credit Cards and Rewards

At Monterra, we know that rewards can make a difference in your spending experience. That's why we offer credit cards with attractive rewards programs. Whether you're earning cash back on groceries or points for travel, our credit card options are designed to benefit you every time you swipe.

Financing Your Dreams

Are you considering buying a new car or refinancing your home? Our auto loans and vehicle financing options make it simple for you to drive off in the car of your dreams without breaking the bank. Additionally, if you're thinking about purchasing a home, our mortgage loans and refinancing solutions can help you navigate the process smoothly. For those unexpected expenses or big purchases, we also offer personal loans and debt consolidation options. We believe everyone deserves a fresh start, which is why our loan specialists work closely with you to find the best solution for your situation.

Personal Banking Solutions

Whether you're looking to open a checking or savings account, Monterra has you covered. Our personal banking options are designed with your everyday needs in mind. Imagine having easy access to your funds whenever you need them, thanks to our online and mobile banking services. With features like e-statements and electronic signature authorization, managing your accounts has never been easier or more secure.

Digital & Online Banking

At Monterra, we understand that managing your finances should be easy and secure, no matter where you are. That's why we offer a robust suite of digital and online banking services designed to provide convenience at your fingertips. With our online banking platform, available 24/7 at http://www.monterra.org, you can access your accounts anytime, anywhere. Whether you're checking balances, making transfers, or paying bills, our user-friendly interface makes it simple and straightforward. Plus, with features like e-statements, you can go green and receive your account statements electronically, reducing clutter while keeping your financial records secure. For those on the go, our mobile application is your perfect companion. With the ability to make mobile payments, you can pay for purchases right from your smartphone, making shopping more convenient than ever. You can also enjoy the ease of person-to-person transfers, allowing you to send money to friends or family in just a few taps. Security is a top priority at Monterra. Our services include electronic signature authorization, ensuring that your transactions are safe and verified. You can feel confident knowing that your information is protected as you manage your finances online. Whether you're looking to check your balance or transfer funds quickly, our digital banking services are designed with you in mind. We strive to make banking not only accessible but also an enjoyable experience for all our members. Join us today and discover how Monterra can simplify your financial journey!

Financial Strength

Focused on You

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. This member-first approach reinforces our dedication to serving your financial interests.

Growing Together

Total Share Accounts: 209,356, showcasing a strong and growing member base that trusts us with their finances. This trust fuels our commitment to you and propels us forward as we continue to grow together. 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 1515 S El Camino Real San Mateo CA 94402 or call 650-363-1740 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Our Committed Team

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, committed team. We believe that great service starts with great people who care about your experience.

Reinvestment for Improvement

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. This reinvestment strategy helps us continuously improve our services and create more value for you.

Secure Savings Opportunities

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. This commitment to securing your savings translates into peace of mind knowing your funds are in good hands.

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 12.49% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Goals

We understand that accessing funds when needed is crucial for achieving personal goals. With $9,552 in used auto loans and an impressive total of $1,420,098,349 in loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is reflected in our net income of $14,026,121, which allows us to continue offering competitive loan rates and solid financial products tailored for our members.

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, you can trust that we are here to support you in making the right choice for your transportation needs. Our team is ready to assist you with flexible terms that fit your budget.

Business Loans

For business owners in our community, we offer outstanding commercial loans totaling $15,289,625. These loans provide the capital needed to grow and expand your business operations. Our team understands the unique challenges faced by entrepreneurs and is committed to helping your business thrive. At Monterra in San Mateo, CA (1515 S El Camino Real), we're dedicated to providing personalized service and competitive loan products. If you're interested in refinancing options or want to learn more about eligibility requirements for any of these loans, don't hesitate to reach out! Call us at 650-363-1740 or visit our website at monterra.org for more information. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Let Monterra be your partner in achieving your financial goals!

Credit Lines and Personal Loans

For those looking for additional flexibility in managing finances, we provide a total of $550,389,531 in credit lines loans. These options give you access to funds when you need them most without the hassle of traditional loans. Additionally, our unsecured credit card loans, totaling $54,374,038, help members effectively manage their finances with convenient access to credit.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $139,824,385, which could be the perfect stepping stone towards owning your dream home. Our knowledgeable staff can guide you through every step of the process to ensure a smooth experience.

Loan Aggregator

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Ensuring Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This rigorous sourcing guarantees that users receive fair and transparent offers. Each listing reflects current rates and terms, so you can trust that the information you see is accurate.

MONTERRA CREDIT UNION - San Mateo, CA

Type of Loan Offerings

Home Equity Loans

Vehicle Loans

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Loan rates in San Mateo, CA (94402)