Santa Cruz Community Credit Union

324 Front Street
Santa Cruz CA, 95060-4502


Established in 1977, Santa Cruz Community Credit Union (SCCCU) has a mission of providing savings and lending services to people in Santa Cruz and North Monterey Counties, with a strong focus on serving lowincome individuals. With approximately 7,000 members, SCCCU reports having one of the largest community development credit union memberships in the country. SCCCU has two branch locations and offers a range of financial services, including ATM access and credit card accounts, and consumer, real estate and business loans.

CDFI Awards for Santa Cruz Community Credit Union


FA (2009) - $2,000,000

Santa Cruz Community Credit Union is a certified CDFI established in 1977 to provide access to credit and financial services to low and moderate-income residents of Santa Cruz County, California. The credit union offers consumer and business training and financing to its economically and culturally diverse membership. With over $71 million in assets, Santa Cruz Community CU is one of the largest community development credit unions in the country. It will use its FY2009 Financial Assistance award to increase lending in its target market.



CORE (2000) - $600,000

The CDFI Fund"s $600,000 capital grant will help support SCCCU"s continued financial viability as a community development financial institution, and will facilitate the launch of its Individual Development Account program.



CORE (1996) - $1,000,000

A $1 million grant from the CDFI Fund will provide Santa Cruz Community Credit Union with capital it needs to implement its plans for a significant expansion -- a new branch office to serve the low-income, predominately Hispanic, city of Watsonville.



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