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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Monterey Credit Union Rates & Review April 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: March 28, 2026
Monterey Credit Union's savings rates are at 1.77%. MonitorBankRates evaluates the financial stability of Monterey Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 5.57%. Rates were last updated on 03/28/2026. Monterey Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Monterey Credit Union? Share your experience about Monterey Credit Union by leaving a review below, or read customer reviews before you decide to use Monterey Credit Union. 
Monterey Credit Union Savings Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Monterey Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Monterey Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Monterey Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Monterey Credit Union
Website
https://www.montereycu.com
Address
501 E FRANKLIN ST,
MONTEREY, CA 93940
Phone
831-647-1000
Fax
831-647-1290
President
Peter Tansill
CEO
J Wade Pyron
Full-Time Employees
69
Part-Time Employees
2
Branch Locations
4
ATM Locations
4
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (97/100)
Texas Ratio
5.57%
Return on Assets (ROA)
-0.7070%
Return on Equity (ROE)
-7.6261%
Non-Performing Loans Ratio (NPL)
0.72%
Total Assets
352,616,122
Total Amount of Shares and Deposits
311,219,022
Total Shares and Deposits < 1 Year
301,632,113
Total Shares and Deposits 1 3 Years
9,586,909
Total Interest Expense (Sum of items 6 8)
3,552,741
Share Certificates
364
Number of Accounts for Share Drafts
14
IRA KEOGH Accounts
8,797
Number of Accounts for Regular Shares
7,032
Money Market Shares
171
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
7,257,847
Total Liabilities
328,962,915
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About Monterey Credit UnionIs Monterey Credit Union a safe place to deposit money?Yes, Monterey Credit Union is considered a safe financial institution. With a Texas Ratio of 5.5729743025076%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category. How many branches does Monterey Credit Union operate?Monterey Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join Monterey Credit Union?Yes, to access services at Monterey Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, Monterey Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Monterey Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Monterey Credit Union offer online and mobile banking?Most modern institutions like Monterey Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.montereycu.com. Current Monterey Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
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