Mendo Lake Credit Union

A short history of Mendo Lake CU

Since its inception in 1959 the Mendo Lake Credit Union has been serving its members in the Ukiah, 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 Todd Sheffield, the Mendo Lake CU has grown its membership to over 30,621 with assets of more than $246,119,628. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (707) 468-0161 or email them at memberservice@mlcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Ukiah, CA.

General Information For Mendo Lake CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare Mendo Lake Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
City Of Ukiah Employees CU	city of ukiah employees cu	1425 S State St	95482	(707) 462-3557	No	2.16

Mendo Lake Credit Union Financial Performance Charts

Financial Data

Mendo Lake 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	11.43	5.05	6.01	4.13	4.14
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	373	403	444	160	120
Rank Among All California Credit Unions	84	134	146	66	28

Mendo Lake 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	0.08	0.22	0.11
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	138	315	282
Rank Among All California Credit Unions	N/A	45	49	95	88

Mendo Lake Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	11.430	2,059	1,831,503
All Other Unsecured Loans/Lines of Credit	11.540	3,106	8,101,507
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	5.050	1,839	41,491,299
Used Vehicle Loans	6.010	6,584	80,277,508
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.130	232	20,615,376
Total Other Real Estate Loans/Lines of Credit	4.140	197	10,884,562
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	5.260	132	1,663,826
TOTAL LOANS & LEASES		14,149	164,865,581

Mendo Lake 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	47	10,322,616	8	2,111,000
b. 15 Years or less	17	2,044,092	1	200,000
Balloon/Hybrid
a. > 15 years	3	600,604	0	0
b. 15 Years or less	1	107,826	0	0
Other Fixed Rate	159	7,419,562	8	488,800
Adjustable Rate 1 yr or less	5	120,676	0	0
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	0	0	0	0
Closed-End Adjustable Rate	8	247,259	0	0
Open-End Adjustable Rate	186	10,630,373	16	1,481,500
Open-End Fixed Rate	3	6,930	0	0
TOTALS	429	31,499,938	33	4,281,300

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	133	8,695,454		1,481,500
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Mendo Lake Credit Union Member Offerings

First Time Homebuyer Program	No
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	Yes
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