We Do Home Loans

Affordable options and rates for home loans. Get Preapproved!

Bay Federal Does Home Loans

What Is a Credit Union?

mortgages loans and lines of credit
Watsonville branch

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 deliver 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. 

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 60,000+ members enjoy a wide variety of products to serve all their financial needs, including:

  • Checking, Savings, Money Market, IRA, and CD Accounts
  • Business Savings, Checking, and Loans
  • Auto Loans, Personal Loans, and Lines of Credit
  • Home Loans and Home Equity Lines of Credit
  • Visa Classic, Gold, and Gold Plus Credit Cards
  • Financial Planning through Investment Services

Ready to join us? Apply for membership now!

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.

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