Headquartered in Capitola, California, Bay Federal Credit Union is a federal credit union with $1.9B in total assets and $1.7B in member shares and deposits as of Q2 2026. It operates 6 offices. Its charter dates back to 1957.
Based on its Q2 2026 filing, Bay Federal Credit Union scores 71/100, which we describe as strong. That is higher than 62% of 454 credit unions with $1 billion – $10 billion. Among 238 credit unions headquartered in California, it ranks 109th. Its strongest component is problem-loan coverage (95/100; 2.5%), and its lowest is capital cushion (49/100; 9.85%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 2 points (73 → 71), mostly because the earnings component weakened by 12 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 69 |
| Q3 2024 | 69 |
| Q4 2024 | 70 |
| Q1 2025 | 70 |
| Q2 2025 | 73 |
| Q3 2025 | 72 |
| Q4 2025 | 73 |
| Q1 2026 | 72 |
| Q2 2026 | 71 |
Show as table
| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 9.53% |
| Q3 2024 | 9.55% |
| Q4 2024 | 9.54% |
| Q1 2025 | 9.38% |
| Q2 2025 | 9.69% |
| Q3 2025 | 9.69% |
| Q4 2025 | 9.69% |
| Q1 2026 | 9.71% |
| Q2 2026 | 9.85% |
Show as table
| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 0.15% |
| Q3 2024 | 0.13% |
| Q4 2024 | 0.16% |
| Q1 2025 | 0.18% |
| Q2 2025 | 0.25% |
| Q3 2025 | 0.32% |
| Q4 2025 | 0.20% |
| Q1 2026 | 0.17% |
| Q2 2026 | 0.31% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.61% |
| Q3 2024 | 0.61% |
| Q4 2024 | 0.67% |
| Q1 2025 | 0.72% |
| Q2 2025 | 1.18% |
| Q3 2025 | 1.07% |
| Q4 2025 | 1.02% |
| Q1 2026 | 0.89% |
| Q2 2026 | 0.86% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 71 | $1.9B | 9.85% | 0.31% | 0.86% | 70.5% |
| Q1 2026 | 72 | $1.9B | 9.71% | 0.17% | 0.89% | 69.4% |
| Q4 2025 | 73 | $1.9B | 9.69% | 0.20% | 1.02% | 70.5% |
| Q3 2025 | 72 | $1.8B | 9.69% | 0.32% | 1.07% | 71.4% |
| Q2 2025 | 73 | $1.8B | 9.69% | 0.25% | 1.18% | 71.4% |
| Q1 2025 | 70 | $1.8B | 9.38% | 0.18% | 0.72% | 70.7% |
| Q4 2024 | 70 | $1.7B | 9.54% | 0.16% | 0.67% | 72.6% |
| Q3 2024 | 69 | $1.7B | 9.55% | 0.13% | 0.61% | 73.7% |
| Q2 2024 | 69 | $1.6B | 9.53% | 0.15% | 0.61% | 74.0% |
454 peers · $1 billion – $10 billion
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size credit unions in California
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Monterra Credit UnionCredit union Redwood City, CA | 76 out of 100, Strong | $1.9B | 13.0% | 0.50% | vs |
| Coasthills Federal Credit UnionCredit union Santa Maria, CA | 51 out of 100, Below average | $1.8B | 8.0% | 0.67% | vs |
| Frontwave Credit UnionCredit union Oceanside, CA | 62 out of 100, Moderate | $1.7B | 9.1% | 0.81% | vs |
| Caltech Employees Federal Credit UnionCredit union La Canada, CA | 70 out of 100, Strong | $2.1B | 10.1% | 0.02% | vs |
| Meriwest Credit UnionCredit union San Jose, CA | 54 out of 100, Below average | $2.1B | 9.1% | 0.81% | vs |
| First Entertainment Credit UnionCredit union Hollywood, CA | 60 out of 100, Moderate | $2.1B | 10.1% | 0.71% | vs |
Deposit insurance
Is my money safe at Bay Federal Credit Union?
Yes. Bay Federal Credit Union is a federally insured credit union (NCUA charter #12067). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 8.2% of shares and deposits ($139.5M) are above the $250,000 NCUA insurance limit, close to the peer median of 9%. Insured balances are protected regardless of the score.
The net worth ratio is 9.85%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.
6 locations
Branches
Bay Federal Credit Union lists 6 offices in 6 cities. Most locations:
- Aptos, CA (1)
- Capitola, CA (1)
- Freedom, CA (1)
- Santa Cruz, CA (1)
- Scotts Valley, CA (1)
- Watsonville, CA (1)
Identity & history
Profile
- Legal name
- Bay Federal Credit Union
- Type
- Federal credit union
- NCUA charter #
- 12067
- RSSD ID
- 280688
- Primary regulator
- NCUA
- Established
- 1957
- Headquarters
- 3333 Clares St, Capitola, CA 95010
- Employees
- 260
Quick answers
Bay Federal Credit Union: common questions
Is Bay Federal Credit Union NCUA insured?
Yes. Bay Federal Credit Union is a federally insured credit union (NCUA charter #12067). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is Bay Federal Credit Union's TellerScore?
71 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does Bay Federal Credit Union have?
6 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Capitola
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Operating Engineers Local Union #3 Federal Credit UnionCredit union Livermore, CA | 92 out of 100, Very strong | $1.7B | 15.5% | 0.60% | vs |
| Commonwealth Central Credit UnionCredit union San Jose, CA | 80 out of 100, Strong | $624.9M | 14.2% | 0.41% | vs |
| Star One Credit UnionCredit union Sunnyvale, CA | 77 out of 100, Strong | $9.7B | 14.1% | 0.13% | vs |
| West Coast Community BankBank Santa Cruz, CA | 75 out of 100, Strong | $2.9B | 12.0% | 0.50% | vs |
| Citizens Business Bank, National AssociationBank Ontario, CA | 73 out of 100, Strong | $21.2B | 11.4% | 0.14% | vs |
| Liberty Bank, National AssociationBank Irvine, CA | 72 out of 100, Strong | $399.2M | 14.4% | 0.00% | vs |