Kern Schools Federal Credit Union

A short history of Kern Schools FCU

Since its inception in 1940 the Kern Schools Federal Credit Union has been serving its members in the Bakersfield, California area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Stephen Renock IV, the Kern Schools FCU has grown its membership to over 148,298 with assets of more than $1,486,491,232. They have a main office and 15 branch offices. Please see the credit unions website or contact them by phone at (661) 833-7900 or email them at ksfcu@KSFCU.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Bakersfield, CA.

General Information For Kern Schools FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare Kern Schools Federal Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Kern CU	Branch 50 - Riverlakes	4180 Coffee Rd	93308	(661) 327-9461	No	0.19
Bakersfield City Employees CU	Galaxy	5600 Crooks Rd Ste 101	48098	(800) 876-9000	No	0.98
Espeeco CU	Share One Corp.	2650 Thousand Oaks Blvd	38118	(800) 888-0766	No	1.73
Safe 1 CU	Main Office	1400 Mill Rock Way	93311	(661) 327-3818	No	5.02

Kern Schools Federal Credit Union Financial Performance Charts

Financial Data

Kern Schools Federal Credit Union Lowest Loan Rates With State and USA Rankings

	Unsecured Credit Card	New Car Loans	Used Car Loans	1st Mortgage Loans	Other Real Estate
Rate	9.30	3.41	4.74	4.25	6.00
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	183	198	295	174	341
Rank Among All California Credit Unions	31	78	112	76	108

Kern Schools Federal Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	N/A	0.05	0.25	0.35	0.35
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	N/A	143	105	293	250
Rank Among All California Credit Unions	N/A	45	30	88	67

Kern Schools Federal Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	9.300	13,152	19,603,217
All Other Unsecured Loans/Lines of Credit	12.280	13,578	18,538,344
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	3.410	4,250	87,431,632
Used Vehicle Loans	4.740	16,399	205,464,331
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.250	3,171	568,204,488
Total Other Real Estate Loans/Lines of Credit	6.000	2,839	81,974,226
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	5.840	2,001	25,942,774
TOTAL LOANS & LEASES		55,390	1,007,159,012

Kern Schools Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding

Amt of Loans Outstanding

No. of Loans Granted Year- to-Date

Amount Granted Year-To-Date

Fixed Rate
a. > 15 years	1,760	298,802,934	140	27,376,464
b. 15 Years or less	1,091	111,793,245	62	9,279,491
Balloon/Hybrid
a. > 15 years	8	2,325,904	0	0
b. 15 Years or less	312	155,282,405	1	132,000
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	0	0	0	0
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	1,667	52,820,821	216	8,803,802
Closed-End Adjustable Rate	591	16,364,260	29	123,471
Open-End Adjustable Rate	581	12,789,145	938	3,347,080
Open-End Fixed Rate	0	0	0	0
TOTALS	6,010	650,178,714	1,386	49,062,308

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	358	17,065,023		2,030,350
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Kern Schools Federal Credit Union Member Offerings

First Time Homebuyer Program	Yes
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	No
Overdraft Protection/Courtesy Pay	Yes
Overdraft Lines of Credit	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	No
Check Cashing	Yes
Money Orders	Yes
No Surcharge ATMs	No
Home Banking Via Internet Website	Yes