SOUTH BAY CREDIT UNION - Lomita, CA

Welcome to South Bay, your trusted financial partner located at 24520 Narbonne Ave, Lomita, CA 90717. Since our establishment in 1953, we have been dedicated to serving our community with integrity and care. With a proud membership of over 9,700 individuals, we strive to provide personalized financial solutions that cater to your unique needs. At South Bay, we believe in the power of community and work hard to foster strong relationships with our members. Our total assets amount to an impressive $157,772,240, reflecting our commitment to ensuring that your money is safe and growing. We currently hold $2,311,852 in deposits and have successfully facilitated 4,050 loans, empowering members to achieve their dreams whether it's purchasing a new car or buying a home. Under the leadership of our CEO, Paris Chevalier-Boochee, and Board President Chris Otey, we maintain a focus on transparency and member satisfaction. Our friendly team of 23 employees is here to assist you with a variety of services, from checking and savings accounts to auto loans and credit cards with rewards. While members can visit us at our Lomita branch for all their banking needs, please note that official correspondence should be sent to our mailing address at 312 N. Pacific Coast Hwy., Redondo Beach, CA 90277. We invite you to explore the many ways South Bay can support your financial journey. Whether you're looking for advice on loans or want to learn about our online banking services, feel free to reach out by calling us at 310-374-3436. Join us today and experience the difference that community-focused banking can make! Visit our website at South Bay Credit Union for more information on how we can help you thrive financially!

At South Bay, we believe that joining our community is not just about banking it's about being part of a family that cares for one another. Becoming a member is simple and welcoming. To be eligible, you typically need to live, work, or worship in the area, or be related to someone who does. We're excited to support those in our local community, so whether you're looking for personal banking services or hoping to make lasting connections, we invite you to explore membership with us. You can find more detailed eligibility criteria on our website at . Opening an account at South Bay is straightforward and designed with you in mind. If you're ready to take the next step toward becoming a member, just give us a call at (310) 374-3436 or visit us at our branch located at 24520 Narbonne Ave Lomita Ca 90717. We can't wait to welcome you into our community and help you with all your financial needs!

At South Bay, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share our financial strength with you, reassuring you that your money is in safe hands. With a net worth of $14,661,587, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $929 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $34,538,573 in share certificates and $11,572,909 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. With $15,026,213 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is substantial; with $1,156 in used auto loans and $122,634,220 in total loans and leases, we support members' financial goals across various sectors. Even with recent challenges reflected by our $-364,626, we remain committed to operational efficiency which allows us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 23 full-time employees and 0 part-time employees ready to assist you with knowledgeable service. Our net shares (funds available for lending and investments) stand at $0, while our total share accounts amount to 19,426, showing a strong and growing member base that trusts us with their finances. The performance insights and financial data shared here are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, South Bay is your trusted partner. Visit us at 24520 Narbonne Ave Lomita Ca 90717 or call (310) 374-3436 to learn more about how we can help you achieve your financial goals.