Torrance Community Federal Credit Union

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A short history of Torrance Community FCU

Since its inception in 1958 the Torrance Community Federal Credit Union has been serving its members in the Torrance, 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 Steve Stoppel, the Torrance Community FCU has grown its membership to over 7,501 with assets of more than $132,940,178. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (310) 618-9111 or email them at email@torranceccu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Torrance, CA.

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

Charter Number 12543
Address P.O. Box 4327 
City Torrance 
State California 
Zip-Code 90510
Phone Number (310) 618-9111
Fax Number (310) 782-1732
Email Address: email@torranceccu.org
CEO/President Steve Stoppel
Members 7,501 
Full-Time Employees 16 
Part-Time Employees
Number of Branch Offices
Total Assets 132,940,178 
Website http://www.torranceccu.org 

Compare Torrance Community Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Calcom CU Downey (City Hall) 11111 Brookshire Ave (562) 862-0301 No 0.92
Parishioners CU Main Office 2355 Crenshaw Blvd Ste 100 90501 (310) 320-4588 No 1.02
Nikkei CU Nikkei Credit Union - Gardena Branch 18425 S Western Ave 90248 (310) 324-1544 No 2.63
South Bay CU Torrance 25360 Crenshaw Blvd 90505 (310) 374-3436 No 3.09
Harbor Area Postal Employees CU Main Branch 25433 Narbonne Ave 90717 (310) 539-9870 No 3.15

Torrance Community Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Torrance Community 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 11.90 2.75 3.00 3.50 3.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 406 115 92 72 74
Rank Among All California Credit Unions 93 44 42 22 15

Torrance Community Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.25 0.49 0.24
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 129 105 268 267
Rank Among All California Credit Unions N/A 38 30 77 80
Torrance Community Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9002,1182,845,606
All Other Unsecured Loans/Lines of Credit 11.5007732,153,825
Short-Term, Small Amount Loans (STS) (Federal CU Only) 28.00021,500
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.7501933,979,850
Used Vehicle Loans 3.0005616,768,719
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.500368,471,626
Total Other Real Estate Loans/Lines of Credit 3.75032315,176,209
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.250461,091,574
TOTAL LOANS & LEASES 4,05240,488,909

Torrance Community 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 206,141,4681760,000
    b. 15 Years or less 141,599,18200
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 2730,97600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 8308,15700
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 31514,868,052241,383,176
Open-End Fixed Rate 0000
TOTALS 35923,647,835252,143,176

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Torrance Community Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
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 No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes