MONTEREY CREDIT UNION is a nonprofit organization categorized as Public Charity based in MONTEREY, CA. Its most recent IRS filing (2024) reports revenue of $16.1M, expenses of $20.6M, total assets of $315.4M.
A FINANCIAL COOPERATIVE, ORGANIZED TO PROVIDE A COMPLETE SELECTYION OF FINANCIAL PRODUCTS TO OUR MEMBERS, CREATING A SOURCE OF CREDIT AT A RATE OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, MONTEREY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT OF ITS MEMBERS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $16.1M | $20.6M | $315.4M |
| 2023 | $13.4M | $14.5M | $290.8M |
| 2022 | $13.0M | $11.5M | $299.2M |
| 2021 | $11.6M | $10.6M | $306.1M |
| 2020 | $11.8M | $11.2M | $286.3M |
Between 2020 and 2024, reported annual revenue grew from $11.8M to $16.1M (+36%), with total assets most recently reported at $315.4M.
Interactive year-over-year charts and full filing details available with membership.
