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Torrance Community Credit Union
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Torrance Community Credit Union Share
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Overview Share
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Torrance Community Credit Union is a federal credit union based in Torrance, California. It has been opened since 1958, for 64 years.

With around $131,960,000 in assets, Torrance Community Credit Union is considered to be a large credit union. It has 1 branches and 1 ATM locations.

About Share
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Address P.O. Box 4327
Torrance, California 90510
Website http://www.torranceccu.org
Phone (310) 618-9111
Fax (310) 782-1732
CEO Steve Stoppel
President of the Board Linda Barnett
Services Offered
Score Card Share
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64 years
Years in business
Opened in 1958
Well Capitalized
Net worth classification
Source: NCUA
7,666 members
Membership type: Community credit union
Above average number of members
465:1
Credit union member to staff ratio
465 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$131,956,489
Total assets
Above average
1 branch
Compared with an average of 4 nationally and 5 in California
Average number of branches
0.15%
Savings interest rate
Compared to 0.3% nationally
11.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 5 in California
Average number of branches
Torrance Community Credit Union Branch Locations

Torrance Community Credit Union: Headquarters
1511 Cravens Avenue
Torrance, California 90501
ATM Available
Members Share
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7,666 members
Membership type: Community credit union
Above average number of members

With 7,666 members, the Torrance Community Credit Union is considered to be a large credit union. It is larger than 65% of credit unions.

Fees Share
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$37
Average fee per member
The average fee per member at the Torrance Community Credit Union is $37, which is comparable to most credit unions. This rate is lower than 59% of all credit unions.
Fees are average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Torrance Community Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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465:1
Credit union member to staff ratio
465 per each FTE employee
Compared to 411:1 nationally
Fewer staff
16 staff members
FTE (full-time equivalent)
6% of employees are part-time
16 full-time, 1 part-time

Torrance Community Credit Union has 16 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 94% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Torrance Community Credit Union has around 465 members per staff, a higher ratio compared to other credit unions.

Assets Share
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$131,956,489
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
8.2%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$13,441
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 73% of credit unions.

Torrance Community Credit Union holds a total of $44,850,000 in loans and leases, which is about $13,441 per member on average.

Savings interest rate Share
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0.15%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Torrance Community Credit Union pays 0.15%.

Loan rates Share
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11.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.50%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.25%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.00%
New car loan rate
Compared to 4.0% nationally
3.00%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.63%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Torrance Community Credit Union
Credit Union: Well Capitalized Torrance, California 7666.0 $132 million Well Capitalized
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Torrance Community Credit Union: Headquarters
Credit Union Branch: 1511 Cravens Avenue
Torrance, California 90501 ATM Available
Calcom Credit Union: Torrance ATM
Credit Union ATM: 3400 Torrance Boulevard
Torrance, California 90503
Unify Financial Credit Union: Torrance ATM
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Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Torrance Community Credit Union: Headquarters ATM
Credit Union ATM: 1511 Cravens Avenue
Torrance, California 90501