Monterey
Monterey is a credit union based in Monterey, California, established in 1968, with $357 million in total assets serving 21,026 members. By Trust Grade it ranks 234th of 241 credit unions we track in California. Its net worth ratio of 8.7% trails most similarly sized credit unions (11th percentile), versus a California median of 11.1%. It posted a loss over the most recent period (-0.92% return on assets), a point to watch. No consumer complaints against Monterey appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Monterey compares to California peers
How we graded Monterey
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.7% capital ratio)
- Unprofitable over the period (ROA -0.92%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Monterey over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Monterey insured?
Yes. Monterey is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Monterey: frequently asked questions
Is Monterey a good credit union?
Monterey earns a Bankzia Trust Grade of D (69/100, "Below average"), based on a financial-strength score of 69/100 (it has no CFPB complaints on record). Well-capitalized (8.7% capital ratio); Unprofitable over the period (ROA -0.92%).
Is Monterey NCUA-insured?
Yes. Monterey is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Monterey?
Monterey holds $357 million in total assets, ranking 234th of 241 credit unions we track in California. It serves 21,026 members.
Does Monterey have CFPB complaints?
No CFPB complaints against Monterey appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
