SDCCU, or San Diego County Credit Union, is a credit union that has been serving the San Diego area for over 80 years. SDCCU is a not-for-profit financial institution that offers a variety of financial products and services to its members. In this article, we’ll take a closer look at SDCCU and what makes it a great option for those in the San Diego area.
History of SDCCU
SDCCU was founded in 1938 as San Diego County Employees Credit Union. It was originally created to provide financial services to county employees, but it has since expanded its membership to include anyone who lives or works in San Diego, Riverside, or Orange counties. In 1978, the credit union changed its name to San Diego County Credit Union to better reflect its expanded membership.
Over the years, SDCCU has grown significantly. Today, it has over 420,000 members and manages more than $9 billion in assets. Despite its growth, SDCCU has remained committed to its members and to the communities it serves. It has consistently received high marks for customer service and has been recognized as one of the top credit unions in the country.
Products and Services
SDCCU offers a wide range of financial products and services to its members. Here are some of the most popular offerings:
Checking and Savings Accounts: SDCCU offers a variety of checking and savings accounts to meet the needs of its members. Its Free Checking account has no monthly fees, no minimum balance requirement, and comes with free online banking and bill pay.
Credit Cards: SDCCU offers several credit card options, including cashback and rewards cards. Its Cash Back Visa card earns 3% cash back on gas purchases, 2% cash back on grocery purchases, and 1% cash back on all other purchases.
Loans: SDCCU offers a variety of loans, including auto loans, personal loans, and home loans. Its auto loans come with competitive rates and flexible terms, and its personal loans can be used for a variety of purposes, including debt consolidation and home improvements.
Investments and Retirement Planning: SDCCU offers a variety of investment options, including mutual funds, stocks, and bonds. It also offers retirement planning services to help members plan for their future.
Online and Mobile Banking: SDCCU’s online and mobile banking platforms allow members to manage their accounts, transfer funds, and pay bills from anywhere at any time.
Benefits of SDCCU Membership
There are many benefits to becoming a member of SDCCU. Here are just a few:
Low Fees: SDCCU’s fees are generally lower than those of traditional banks. For example, its overdraft fee is just $25, compared to the national average of $34.
High Interest Rates: SDCCU’s savings accounts offer higher interest rates than many traditional banks. Its High Yield Savings account, for example, currently offers an APY of 0.25%.
Community Involvement: SDCCU is committed to giving back to the communities it serves. It supports a variety of local organizations and initiatives, including the San Diego County Credit Union Holiday Bowl.
Excellent Customer Service: SDCCU has consistently received high marks for customer service. Its representatives are knowledgeable and helpful, and its online and mobile banking platforms are easy to use.
Final Thoughts
SDCCU is a great option for anyone in the San Diego area who is looking for a not-for-profit financial institution that offers a wide range of products and services. With its low fees, high interest rates, and commitment to its members and communities, SDCCU has earned its reputation as one of the top credit unions in the country.