South Bay Credit Union Redondo Beach, California
South Bay Credit Union is a state-chartered credit union headquartered in Redondo Beach, CA, established in 1953 (NCUA charter 95052), and it is regulated and insured by the NCUA. At Q2 2026 it reported 9,984 members and total assets of $160.6M (up 6.7% from Q2 2025), the 134th largest of 238 credit unions headquartered in California. Its net worth ratio was 9.41% at Q2 2026, in the well capitalized band.
Also written as South Bay 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
- 95052
- Headquarters
- Redondo Beach, CA
- Established
- 1953
- Total assets, Q2 2026
- $160.6M
- Assets vs Q2 2025
- +6.7%
- Members, Q2 2026
- 9,984
- Net worth ratio, Q2 2026
- 9.41%
- Latest call report
- Q2 2026, NCUA 5300 · South Bay Credit Union call report
- Asset rank in state
- 134th of 238 in California
- Routing number
- 322281028
- Branches
- 4
It has 298 more members than on June 30, 2025 (+3.1%). Its net worth ratio was down 0.13 percentage points from 9.54% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $82.3M of $123.5M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.48% is below the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026. Its 9.41% net worth ratio is below that band's 11.43% median.
Credit unions similar in size in California
Frequently asked about South Bay Credit Union
How big is South Bay Credit Union?
At Q2 2026 it reported total assets of $160.6M and 9,984 members.
Where is South Bay Credit Union headquartered?
It is headquartered in Redondo Beach, CA, United States.
When was South Bay Credit Union founded?
It was established in 1953, per NCUA records.
Is South Bay Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 95052): 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 South Bay 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 South Bay Credit Union well capitalized?
Its net worth ratio was 9.41% 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 South Bay Credit Union's delinquency ratio?
Its delinquency ratio was 0.48% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is South Bay Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 85.65% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Redondo Beach, CA 90277
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1953
- NCUA Charter #
- 95052
- RSSD ID
- 810599
- Members
- 9,984
- Potential members
- 1,083,939
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 1,341 credit unions with $100M to $1B in assets, as of Q2 2026. It is in the top quartile on 0 of 7 ranked measures and in the bottom quartile on 4.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 13.58% | 9.41% | 11.43% | 19th bottom |
| Return on assets Middle half of peers: 0.43% to 1.23% | 0.08% | 0.81% | under 10th bottom |
| Return on equity Middle half of peers: 3.87% to 9.84% | 0.83% | 7.02% | under 10th bottom |
| Net interest margin Middle half of peers: 3.30% to 4.10% | 3.64% | 3.70% | 46th below |
| Efficiency ratio Middle half of peers: 68.90% to 83.49% | 89.30% | 76.55% | 12th bottom |
| Cost of funds Middle half of peers: 0.92% to 1.56% | 1.08% | 1.24% | 62nd above |
| Delinquency ratio Middle half of peers: 0.39% to 1.12% | 0.48% | 0.68% | 67th above |
| Yield on assets Middle half of peers: 4.53% to 5.37% | 4.72% | 4.92% | 37th position only |
| Loan-to-share ratio Middle half of peers: 62.05% to 86.41% | 85.65% | 75.66% | 73rd position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$160.6M total assets against $150.6M; $144.1M total shares and deposits against $134.0M; $123.5M total loans against $119.4M.
$14.9M net worth against $14.4M.
9.41% net worth ratio against 9.54%.
85.65% loan-to-share ratio against 89.16%.
0.48% delinquency ratio against 0.45%.
0.08% return on assets against 0.22%; 0.83% return on equity against 2.29%.
3.64% net interest margin against 3.75%.
9,984 members against 9,686.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 9.41% | 0.08% | 0.48% | 85.65% |
| March 31, 2026 | 9.54% | 0.13% | 0.60% | 82.57% |
| December 31, 2025 | 9.64% | 0.87% | 0.56% | 87.32% |
| September 30, 2025 | 9.55% | 0.40% | 0.49% | 88.85% |
| June 30, 2025 | 9.54% | 0.22% | 0.45% | 89.16% |
| March 31, 2025 | 9.18% | 0.33% | 0.47% | 89.94% |
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.