Monterra Credit Union Redwood City, California
Monterra Credit Union is a state-chartered credit union headquartered in Redwood City, CA, established in 1952 (NCUA charter 62736), and it is regulated and insured by the NCUA. At Q2 2026 it reported 101,395 members and total assets of $1.94B (up 6.1% from Q2 2025), the 37th largest of 238 credit unions headquartered in California. Its net worth ratio was 13.01% at Q2 2026, in the well capitalized band.
Also written as Monterra CU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 62736
- Headquarters
- Redwood City, CA
- Established
- 1952
- Total assets, Q2 2026
- $1.94B
- Assets vs Q2 2025
- +6.1%
- Members, Q2 2026
- 101,395
- Net worth ratio, Q2 2026
- 13.01%
- Latest call report
- Q2 2026, NCUA 5300 · Monterra Credit Union call report
- Asset rank in state
- 37th of 238 in California
- Routing number
- 321174851
- Branches
- 10
It has 4,025 more members than on June 30, 2025 (+4.1%). Its net worth ratio was up 0.30 percentage points from 12.71% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $1.05B of $1.52B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.50% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 13.01% net worth ratio is above that band's 10.89% median.
Credit unions similar in size in California
Frequently asked about Monterra Credit Union
How big is Monterra Credit Union?
At Q2 2026 it reported total assets of $1.94B and 101,395 members.
Where is Monterra Credit Union headquartered?
It is headquartered in Redwood City, CA, United States.
When was Monterra Credit Union founded?
It was established in 1952, per NCUA records.
Is Monterra Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 62736): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Monterra Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Monterra Credit Union well capitalized?
Its net worth ratio was 13.01% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Monterra Credit Union's delinquency ratio?
Its delinquency ratio was 0.50% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Monterra Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 91.52% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Redwood City, CA 94063
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1952
- NCUA Charter #
- 62736
- RSSD ID
- 996091
- Members
- 101,395
- Potential members
- 6,290,738
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 2 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 13.01% | 10.89% | 78th top |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.98% | 0.89% | 57th above |
| Return on equity Middle half of peers: 5.37% to 10.92% | 7.57% | 8.07% | 45th below |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.30% | 3.45% | 41st below |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 72.27% | 70.59% | 44th below |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.37% | 1.68% | 75th top |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.50% | 0.68% | 70th above |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 4.67% | 5.12% | 23rd position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 91.52% | 88.03% | 62nd position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.94B total assets against $1.83B; $1.66B total shares and deposits against $1.57B; $1.52B total loans against $1.47B.
$252.8M net worth against $232.9M.
13.01% net worth ratio against 12.71%.
91.52% loan-to-share ratio against 93.13%.
0.50% delinquency ratio against 0.51%.
0.98% return on assets against 1.08%; 7.57% return on equity against 8.50%.
3.30% net interest margin against 3.25%.
101,395 members against 97,370.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 13.01% | 0.98% | 0.50% | 91.52% |
| March 31, 2026 | 12.92% | 0.96% | 0.35% | 91.17% |
| December 31, 2025 | 13.00% | 1.35% | 0.41% | 93.66% |
| September 30, 2025 | 12.83% | 1.13% | 0.69% | 92.31% |
| June 30, 2025 | 12.71% | 1.08% | 0.51% | 93.13% |
| March 31, 2025 | 12.56% | 0.96% | 0.37% | 91.93% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.