navigation search this article is an orphan as no other articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . august 2010 coordinates 36 43 24 n 107 58 45 w 36.723411 n 107.979085 w 36.723411 ; 107.979085 santa clara county federal credit union santa clara county federal credit union the company logo type credit union industry banking and credit headquarters 1641 n. first st ste. 170 san jose ca 95112 san jose united states area served santa clara and san benito counties services banking credit and loans number of employees 112 1 website home page santa clara county federal credit union also known as county federal is a credit union which offers membership to both employees and retirees of certain santa clara county california businesses as well as their relatives . 2 like other united states credit unions it is a non profit organization founded for the purpose of providing service to its members and is funded by its members . contents 1 services 2 membership 3 statistics 4 funding 5 history 6 branches 7 references 8 external links services edit sccfcu provides many products and services to its members including loans savings discounts and checking . also due to its non profit nature it can usually provide an average lower loan interest rate and higher savings interest rate than most for profit organizations because any profit made is used for the benefit of its members rather than kept . 3 membership edit county federal serves people employed by their corporate partners in santa clara county california as it did in the past and also employees of their corporate partners in san benito county . 4 some of their most notable corporate partners include santa clara county office of education valley medical center and the state of california . 5 membership is also available to the spouses children parents siblings grandparents grandchildren step siblings stepchildren legal adoptees and legal adopters of current and retired members . 2 other persons living with and maintaining a single economic unit with active and former members are also eligible subject to verification . statistics edit sccfcu holding federal charter 24299 is one of the largest credit unions in the san francisco bay area with us 500 million in assets 1 and roughly 43 000 members . on average it holds 280 million in loans employs 112 people and employs one person for every t391 members . 1 the bank has an average net worth ratio of 11.03 % percent loan growth of 7.56 % loan assets ratio of 55 13 and investments assets ratio of 40 to 29 . 1 funding edit santa clara county federal credit union is funded as most banks are through its members participation 3 however it is insured by and can draw money from the national credit union share insurance fund in emergencies . 6 it isn t however a member of the federal deposit insurance corporation . history edit county federal was founded on may 8 1950 by eight county employees with only 107 . 4 these employees worked for free volunteering their own time to establish the company . it was originally called the santa clara county employees credit union and was first located at 1090 n. first street in san jose california . in 1987 the union was federally chartered through the national credit union administration 7 and in 1997 it reached 200 million in assets placing it in the top three percent of us credit unions by assets . 4 branches edit branch year opened moves san jose branch 1950 original san jose branch is moved to 852 n. first street . gilroy branch 1970 moved to 6915 camino arroyo suite 50 the gilroy crossing shopping center in 2004 campbell branch 1972 almaden branch 1991 moved to 5353 suite 65 the almaden plaza shopping center in 2005 city centre branch 2007 east san jose branch 2009 table 4 references edit a b c d credit union profile . retrieved 11 august 2010 . a b membership eligibility . santa clara county federal credit union . retrieved 11 august 2010 . a b credit union faq . retrieved 11 august 2010 . a b c d history page . county federal . 2008 04 23 . retrieved 7 august 2010 . corporate partners . county federal . 2008 04 23 . retrieved 7 august 2010 . home page see bottom left corner . retrieved 13 august 2010 . credit union overview . retrieved 13 august 2010 . external links edit santa clara county federal credit union website profile history retrieved from https en.wikipedia.org w index.php title santa clara county federal credit union & oldid 638395884 categories credit unions based in californianon profit organizations based in the san francisco bay areacompanies based in san jose california1950 establishments in californiahidden categories orphaned articles from august 2010all orphaned articlescoordinates not on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 16 december 2014 at 19 56 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view