Where Can I Find the Best Credit Unions in California?

Are you interested to know about credit unions? In California, if you are choosing where to bank, you are well assured the best combination of low account fees, convenience, and features. Also, as well as harder-to-measure factors such as customer service.

Credit Unions

California earns its reputation for sunshine and coastlines.

As a resident of one of the largest states in the US, you have a ton of options when it comes to storing your money.

However, this guide rounds up the best credit unions in California to help you pinpoint which one is right for you

Best Credit Unions in California

The top credit unions provide the same types of accounts and services as banks, but usually with more favorable terms. They include;

1. Alliant Credit Union

Alliant Credit Union is a consistently highly rated credit union and the 5th largest in the United States by assets.

Founded as United Airlines Employees’ Credit Union in 1935, the Chicago headquartered credit union now operates in California, Colorado, Texas, and Virginia and its native Illinois with 11 branch locations.

The easiest route to membership is an association with its 150+ member companies or living in the local area. You can also join with a one-time $5 donation to Foster Care to Success.

With great online, mobile, and phone banking options, don’t worry if you don’t live near a branch. The only thing that would inhibit is cash deposits. You can do everything else remotely without spending a cent.

2. Navy Federal Credit Union

Back in 1933, the Navy Federal Credit Union was founded only in Vienna, Va., and funded solely by sailors who served in the United States Navy.

They are higher than that today and they’ve already reached over 13 million at the customer’s level globally.

They are the most comprehensive providers of financial services of all kinds (banking, lending, credit cards, investment, insurance).

If you are either directly connected to the military or involved in some way, you can apply. It became famous for its multiple bank branches, particularly in and near the military base camps.

3. State Employees’ Credit Union

State Employees’ Credit Union, which is based in Raleigh, NC, is unrelated to the work done in the financial sectors and only accessible to state employees and their families.

Let’s start with 1937 when it all began. Since then, the network has flourished, growing to over 270 branches operating throughout North Carolina.

They have several banking services as loans, accounts, investments, and insurance for their private clients and companies.

This is something you can certainly do if your job is related to state work, or if this is one of your close relatives.

4. Golden 1 Credit Union

Golden 1 Credit Union is a California-based credit union offering a range of solid checking and savings accounts.

It stands out from the pack as the best institution for students thanks to its extensive list of youth, teen, and college accounts.

All of Golden 1’s basic checking and savings accounts are free of monthly fees and have a low, $1 opening deposit.

While some accounts require you to maintain a minimum balance of $100 to earn dividends.

The bank’s APYs aren’t the highest, but they’re still better than what you’ll find at most traditional banks.

As with most credit unions, it’s known for its strong customer service reputation.

5. SchoolsFirst Federal Credit Union

For those who do not know, the SchoolsFirst Federal Credit Union, located in Tustin, CA since 1934, is a financial institution dedicated to the service of the local community.

It has about 70 branches spread throughout California, and it welcomes all those persons in their immediate family who are in the California school system.

They deal with different types of banking such as deposits, credit, loans, or services like investments insurance, and financial advice.

It’s worth noting that this service is only for those currently employed by the school.

They create a vast pool of different loan products that cater especially to college workers, who are often without interest or all due during the summer.

In all of its areas of concern, the organization offers counseling, materials for education, and calculation tools.

It also runs its workshop to teach members about their finances. You can also send a secure message on its website or visit a local branch if you prefer.

California has a lot to offer when it comes to banking options.

Even if you’re looking for high APYs or a personal banking experience, there’s bound to be an institution that’s right for you.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *