South Bay
South Bay is a credit union based in Redondo Beach, California, established in 1953, with $164 million in total assets serving 9,930 members. By Trust Grade it ranks 181st of 241 credit unions we track in California. Its net worth ratio of 9.5% trails most similarly sized credit unions (23th percentile), versus a California median of 11.1%. It was profitable over the most recent period, with a 0.13% return on assets. No consumer complaints against South Bay appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How South Bay compares to California peers
How we graded South Bay
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.5% capital ratio)
- Profitable (ROA 0.13%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for South Bay over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at South Bay insured?
Yes. South Bay 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.
South Bay: frequently asked questions
Is South Bay a good credit union?
South Bay earns a Bankzia Trust Grade of B (82/100, "Strong"), based on a financial-strength score of 82/100 (it has no CFPB complaints on record). Well-capitalized (9.5% capital ratio); Profitable (ROA 0.13%).
Is South Bay NCUA-insured?
Yes. South Bay 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 South Bay?
South Bay holds $164 million in total assets, ranking 181st of 241 credit unions we track in California. It serves 9,930 members.
Does South Bay have CFPB complaints?
No CFPB complaints against South Bay 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.
