About Monterra Credit Union

Founded in 1952, Monterra Credit Union (formerly San Mateo Credit Union) is a member-owned financial institution that currently serves more than 100,000 members who count on Monterra CU for savings and checking accounts, low-interest car loans and home mortgages, investment services, retirement planning, and more.

With seven San Mateo County branch locations, full ATM services, and a comprehensive online banking system, Monterra works hard to meet its members’ complete financial needs and invest in you.

Membership is open to anyone who lives, works, worships or attends school in San Mateo County, The City of Palo Alto and certain areas of San Francisco. As an active member of the community for nearly six decades, Monterra is proud to offer membership to San Mateo County Employees—our original members! San Mateo County Employees can take advantage of exclusive benefits including:

  • $50 cash bonus when you open a new Monterra Credit Union checking account
  • $100 Bonus on new Deposit Accounts
  • Sneak Peeks at Monterra CU Car Sales—review inventory before car sales open to the public.
  • Fast ACH: receive direct deposit & external funds 1 business day sooner!
  • Credit of up to $800 towards appraisal fees
  • 12-month 2.99% APR with SMCU credit card on purchase and balance transfer
  • 0.25% auto loan discount 

Partner with Monterra CU

Please visit the NEW! page for County of San Mateo employees with more information on how to join and active your exclusive benefits: https://www.monterra.org/county

Please contact your Monterra CU benefits for any questions or to change/enroll in payroll deduction. 

Contact Information:

Email: communityrelations@monterra.org
Phone: (650) 562-1282

County Employee Down Payment Assistance Program

Monterra Credit Union is proud to be partnering with San Mateo County for a down payment assistance program. Please check back often or review your employee communications for upcoming informational sessions.

County Employee Quick Cash Loan Program

Monterra Credit Union has been serving County employees since 1952, and we’re proud to be the preferred lender for this exciting Quick Cash program in partnership with the County of San Mateo Department of Human Resources.  For more information please view the flyer and FAQ.

Free Financial Education

Monterra Credit Union has been recognized at the state, national and international levels for excellence in financial education for youth, students and adults. And all of this material is available to you!

  • Balance
  • Everfi
  • COMING SOON  FiCEP Certified Staff - available for individual coaching sessions