Apply For a Loan

If you are a current member of SMCU, applying for a loan is easy. Just log into SMCU OnLine and click the green "Apply For A Loan" button located in the upper right hand corner.


Apply For a Loan

If you are a current member of SMCU, applying for a loan is easy. Just log into SMCU OnLine and click the green "Apply For A Loan" button located in the upper right hand corner.


Apply For a Loan

If you are a current member of SMCU, applying for a loan is easy. Just log into SMCU OnLine and click the green "Apply For A Loan" button located in the upper right hand corner.


Apply For a Loan

If you are a current member of SMCU, applying for a loan is easy. Just log into SMCU OnLine and click the green "Apply For A Loan" button located in the upper right hand corner.


SMCU OnLine Login

Text/Phone Scam Alert
If you receive a text message or call claiming to be from SMCU that asks you to verify account information, do not reply or provide any information.
Learn More


San Mateo Credit Union offers an array of deposit accounts to meet your financial goals. Whether you are saving for your first home, college tuition, or retirement, we've got just the account for you. And you can rest easy knowing your savings are insured through the National Credit Union Administration (NCUA), an independent agency of the U.S. government.

Checking Accounts

Whatever your personal preference... whatever stage of life you're in... SMCU has a checking account designed just for you. To ensure that we provide the most appropriate products and services, we have developed checking accounts tailored to a variety of lifestyles and needs:

Checking Offers access to your account online, by phone or at any branch
Interest Checking Pays interest if you maintain an average daily balance of $2,500
Interest Checking
An average daily balance of $10,000 ensures you will earn a higher interest rate on your account
On interest bearing accounts dividends are paid monthly

To determine which SMCU checking account is best for you, click here to see a side-by-side comparison chart.

Opening a checking account is easy. All you need is an initial deposit of $20, which covers the cost of your first set of checks.


Courtesy Pay (Learn More) Visa Direct Check Card (Learn More)
SMCU OnLine (Learn More) ATM Access*
Bill Pay (Learn More) CO-OP ATM Network (Learn More)
Direct Deposit (Learn More) Shared Branching (Learn More)
Call-24 (Learn More) Overdraft Protection (Learn More)
Personal Financial Management Tools
There is no charge to use an SMCU ATM. If you use a non-SMCU ATM, a fee may apply. In addition, other financial institutions may impose a surcharge for this service.


Find out how our business accounts make good business sense.  Learn more here.

To contact us about any of the following please click on the item.

Click here to view our Member Relationship Tiers.

Regular Savings Account

SMCU features several options—enhanced by competitive rates—that enable you to save money to meet your specific financial goals.


  • Dividend earning account
  • Free access to SMCU Online (home banking)
  • Convenient access to your funds: in person, by phone, at ATMs and via Call-24
  • Free optional overdraft protection for your checking account
  • No monthly fees or charges*

*$5 monthly service charge if you have a single service membership savings only and the savings balance falls below the minimum of $150


Holiday Club Savings Account
Save all year long with great rates.

Exciting and festive – that’s what the winter season is all about. On the flip side, it’s also a time of additional expenses.

To help ensure that you keep the ho-ho-ho in your holidays, SMCU is pleased to offer the Holiday Club Savings Account, a special service exclusively for credit union members. It’s your opportunity to plan, prepare, and save for the holidays while earning dividends higher than a traditional share account.

How the Holiday Club Savings Account Works

  • Throughout the year, you can make unlimited deposits: a set amount every week or month…a fixed portion of your payroll check…whatever you choose.
  • Dividends are calculated and compounded daily, maximizing your earnings.
  • Every year on the first business day in November, we will automatically transfer your Holiday Club funds directly into your account. This allows you faster and more convenient access to your money when you’re ready to gear up for gift-giving or any other holiday expenses.
  • All it takes is a minimum deposit of $25 to open your account.
  • There are no annual fees.

This is a great way to avoid slipping into debt during the holidays. Use the money for gifts, entertaining, travel, or to enjoy a sun-drenched getaway.

To open your SMCU Holiday Club Savings Account, call our Contact Center at (650) 363-1725 or (888) 363-1725, or visit a branch.

Click here to access our Savings Calculators.

The Perfect Gift for Any Occasion—SMCU’s Visa® Gift Card.

Unlike store cards and gift certificates, the Visa Gift Card can be used at millions of locations worldwide—wherever Visa cards are accepted. Purchases can be made at retail stores, online, and by phone—it’s so versatile and convenient. Click here for more information.

Health Savings Accounts

Health Savings Account—HSA
As health insurance premiums continue to escalate, consumers are looking for ways to obtain the coverage they need at a price they can afford. San Mateo Credit Union is pleased to offer a cost-efficient option to help you make your own healthcare decisions: the Health Savings Account (HSA).

The Health Savings Account (HSA) is a tax-advantaged account that features tax-free withdrawals for qualified medical expenses.1


  1. High-yield account
  2. HSA Visa® Direct Check Card
  3. Direct deposit or automatic transfers to be placed into your HSA
  4. Access via ATM, SMCU OnLine, Contact Center , Call-24, and in-branch
  5. Monthly statement

You may contribute to an HSA if you:

  1. Are covered under a high-deductible health plan (HDHP)
  2. Are not covered by any other health insurance plan
  3. Are not enrolled in Medicare
  4. Are not a dependent on another individual's tax return

HSA contributions for the current year can be made until the tax-filing deadline. Click here for the contributions limits.

To open, roll over, or transfer your Health Savings Account, call our Contact Center at (650) 363-1725 or (888) 363-1725 or visit a branch nearest you.

Click here to view Frequently Asked Questions.

1 Any money from the account that is used for non-qualifying expenses is taxable as income and subject to an additional 10% tax penalty. Consult a tax professional for your individual situation.

Note: Health Savings Account owners are responsible for determining their eligibility, contribution limits, and whether distributions are made for qualified medical expenses. Please consult a tax professional.

Money Market Plus

SMCU offers you a flexible Money Market Plus Account that gives you convenient access like a checking account but pays you more as your balance increases. Features include:

  • Minimum balance to open is $2,500
  • Daily access to your funds via ATM, Checks, and SMCU Online**
  • Tiered rates -  the more you have on deposit, the more you earn
  • Dividends are calculated daily and paid monthly
  • No monthly fees or charges

Get started putting your money to work for you today! To open a Money Market account and start enjoying its many benefits, call our Contact Center at (650) 363-1725 or (888) 363-1725 or visit the branch nearest you.

Click here to view current rates


Find out how our business accounts make good business sense.  Learn more here.


6 maximum withdrawal transactions per month include: withdrawal by telephone, through SMCU Online, Call-24, ACH debit, allocation transfers, or you may write a maximum of 3 checks, You may make unlimited withdrawals in person, at ATMs, by written withdrawal request delivered by mail or messenger, or by telephone request to mail a check payable to you at your address on file with us. For complete terms and conditions, refer to the Truth-In-Savings Disclosure & Accounts Agreement.

Certificate Information

SMCU Certificates can be opened with as little as $2,000 for a specified term. Our 9-month Add-on Certificate can be opened with just $500.

High yields
Choice of terms from three to 60 months*
Dividends earned daily, paid monthly
The longer the term, the higher the rate

To see how fast your savings can grow with an SMCU Certificate, click here to access our Savings Calculators.

Click here to view current rates.

* Penalty for withdrawal before maturity date
APY = Annual Percentage Yield

IRA Accounts

SMCU offers a diversity of Individual Retirement and Education accounts designed for a bright future. Options include:

Traditional IRAs
Roth IRAs
Coverdell Education Savings Accounts
Simplified Employee Pension plans (SEPs)

All feature competitive rates, flexible savings, and tax benefits. And with a deposit as low as $100, you can open an IRA or ESA account-with no set-up fees.

Please consult your tax advisor before making any IRA decisions. When you are ready to open an IRA, visit a branch or contact us at (650) 363-1725.

Click here to view current rates.


Earnings are tax-deferred.
Contributions may be tax-deductible, depending on your income and whether or not you have a qualified employer-sponsored retirement plan.
Funds can be withdrawn after age 59-1/2* without a tax penalty.
Distributions must be taken beginning at age 70-1/2.

IRA Conversions to Roth Available in 2010

Starting in 2010, ROTH IRA conversions from traditional IRAs will be available to all taxpayers regardless of income. Under the new law, taxpayers who convert in 2010 can also elect to pay the federal income tax due in two equal installments over the following two years.


Earnings are tax-free.**
Contributions are not tax-deductible.
Contributions may be withdrawn tax-and penalty-free.
Distributions are not required to be taken at age 70 1/2.


Designed to allow funds to be set aside to cover the future cost of a child's education.

Deposits must be for a designated beneficiary under the age of 18.
Distributions and earnings are tax-free, provided they are used for qualified education expenses.
Qualified expenses have been expanded to include school costs for kindergarten through higher education.
Almost anyone may contribute, including grandparents


A SEP plan enables self-employed individuals to set up a plan for themselves, and allows businesses to provide a retirement plan to employees. A SEP features a greater contribution-and therefore a larger deduction-than an IRA.

Under the terms of a SEP plan, an employer may contribute a percentage of an employee's income up to a specific amount. These contributions are deposited directly into the employee's Traditional IRA.
SEP contributions are excluded from your income if they fall within the limits for maximum contributions. Your employer can provide you with a copy of the contribution agreement that describes the eligibility for determining who qualifies for a SEP.

To learn more about SEP eligibility and contribution limits, please check with your tax advisor. When you are ready to set up an account, please call our Contact Center at (650) 363-1725 or visit the branch nearest you.

* Check with your tax advisor regarding any withdrawals before age 59-1/2.
**Earnings may be withdrawn only if they satisfy a five-year waiting period AND any one of the following criteria is met: reaching age 59-1/2, disability, first-home purchase, or death (as payment to beneficiaries).
APY = Annual Percentage Yield