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We Do Home Loans

Affordable options and rates for home loans. Get Preapproved!

Bay Federal Does Home Loans

Bay Federal Credit Union. Making a Real Difference.

Bay Federal Credit Union is a full-service, not-for-profit financial cooperative. We provide personal and business banking services but, unlike a bank, we're owned by our account-holders — members like you! Our goal is to be better than a bank by delivering outstanding service, competitive savings yields, low loan rates, and many low and no-cost services. Our Board of Directors is made up of unpaid volunteers who oversee the strategic direction of the credit union, always with the safety and security of your money as the number one priority. 

Your deposits at Bay Federal Credit Union are aggregated and federally insured to at least $250,000 by the National Credit Union Administration, a U.S. government agency. IRAs are separately combined and insured in the aggregate up to $250,000. If you'd like to learn more, see "Your Insured Funds" or speak with one of our Member Service Representatives.

Membership is open to those connected with the Tri-County area — anyone who lives, works, worships, attends school, or volunteers in Santa Cruz, Monterey or San Benito Counties may join us.

Our 55,000+ members enjoy a wide variety of products to serve all their financial needs, including:

  • Checking, Savings, Money Market, IRAs, and Certificate Accounts
  • New & Used Auto Loans, Personal Loans, and Lines of Credit
  • ATM & VISA Debit Cards and worldwide ATM Access
  • Visa Classic, Gold, and Gold Plus Cards
  • Home Loans, Home Equity Lines of Credit and Mobile Homes
  • Business Savings, Checking and Loans
  • Direct Deposit and Payroll Deduction
  • 24–Hour Account Access with BayFedOnline and BayPhone
  • Mobile Banking and Remote Deposit Capture
  • Financial Planning through Bay Federal Investment Services
  • Discount Tickets
  • 6 Local Branches

Our Credit Union philosophy is "people helping people," which translates into exceptional service, competitive and affordable financial products, and assistance from staff and management who care about you. These benefits are what make Bay Federal Credit Union stand out as one of Tri-Counties' best financial service values, and why thousands of area residents have joined us.

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