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Camino Federal Credit Union Review Overall Rating
| Feature | Insider rating (out of 5) |
| Savings | 3.75 |
| Checking | 3.75 |
| Money market account | 3.5 |
| Share certificate | 3.25 |
| Trustworthiness | 5 |
| Total | 4 |
Camino Federal Credit Union Pros and Cons
| Pros | Cons |
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Camino Federal Credit Union Regular Share Savings Account - Product Name Only Review
The
Camino pays a low interest rate, though. If you want a high-yield savings account, you'll have to consider another bank.
Camino Federal Credit Union Everyday Checking Account - Product Name Only Review
You may like the
One of the most notable features of the account is that you will have access to over 30,000 free ATMs since Camino is a part of the Co-op Shared Network.
Camino Federal Credit Union Share Certificate - Product Name Only Review
Camino's share certificates are decent if you can deposit at least
Camino Federal Credit Union Money Market Account - Product Name Only Review
The
If you'd prefer a money market account with no minimum opening deposit, you can read our best money markets accounts guide.
About Camino Federal Credit Union
Camino Federal Credit Union serves a Hispanic American community in Montebello, California. It has one branch location, but it's also part of the Co-op Share Network. The Co-op Shared Network provides access to over 30,000 surcharge-free ATMs and customer support at shared branch locations.
To be eligible for membership at Camino Federal Credit Union, you need to live in Southern California. You can become a member by opening a savings account.
If you have any questions about bank products or services, you can call the Member Service Call Center from 9 a.m. to 5 p.m. PT Mondays through Fridays. You can also use the website's live chat feature.
Camino's mobile app has 4.3 out of 5 stars in the Apple Store, and 4.6 out of 5 stars in the Google Play Store.
Camino is federally insured by the NCUA. You can deposit up to $250,000 in an individual account, and it will be safe.
Is Camino Federal Credit Union Trustworthy?
Camino Federal Credit Union hasn't been involved in any recent public controversies.
It's also received an A+ rating from the Better Business Bureau in how it resolves customer issues.
A good BBB rating doesn't necessarily guarantee that your relationship with the credit union will be good, though. If you want to see if a bank will be the right fit, talk to friends and family about their experiences. You can also read online customer reviews.
The Role of Hispanic American-Led Financial Institutions
Hispanic American-led financial institutions provide services and products to local communities in the US. Many serve Hispanic American communities and address systemic barriers in banking like language or access.
Camino Federal Credit Union has services in Spanish and English. It also has a workshop series with financial tips and advice for its members.
Camino Federal Credit Union FAQs
Where can I find a Camino Federal Credit Union branch?
Camino Federal Credit Union has one branch in Montebello, California.
What is the non-sufficient funds fee at Camino Federal Credit Union?
The non-sufficient funds fee at Camino Federal Credit Union is $30.
Does Camino Federal Credit Union charge monthly service fees?
Camino Federal Credit Union doesn't charge monthly service fees on savings accounts. If you'd like to open a checking account or money market account, there are monthly service fees unless you qualify to waive them.
Why You Should Trust Us: How We Reviewed Camino Federal Credit Union
We used our bank account methodology in our Camino Federal Credit Union review to rate bank products and services.
At Personal Finance Insider, we review different features for distinct types of bank accounts. For example, we'll look at early withdrawal penalties and a variety of term options when reviewing CDs. Meanwhile, for checking accounts, we'll factor in the ATM network size and fees, as well as its overdraft protection options.
We'll also usually examine minimum opening deposits, ethics, customer support availability, and mobile app ratings for all types of bank accounts.
How Camino Federal Credit Union Compares
Camino Federal Credit Union vs. Community Commerce Bank
To join Camino Federal Credit Union you must live in Southern California. Community Commerce Bank doesn't require membership since it's a bank, so you don't need to meet any qualifications to join.
Also, think about what you're looking for in a bank account. If you prioritize earning a high interest rate, Community Commerce Bank has the strongest accounts. The bank pays higher rates on savings accounts and CDs than Camino.
You may prefer Camino if you're searching for a checking or money market account. Community Commerce Bank doesn't have these accounts.
Camino Federal Credit Union vs. Sun Community Federal Credit Union
If you want to open a bank account at a credit union, you'll usually have to meet specific requirements to become a member.
At Camino Federal Credit Union, you'll have to live in Southern California. Meanwhile, Sun Community Federal Credit Union lets you join if you live, work, or volunteer in Imperial or Coachella Valley.
Your decision between the two financial institutions may ultimately depend on where you live. But if you meet the requirements for both credit unions, your decision will rest on which accounts you want to open.
You may lean more toward Sun Community if you're searching for share certificates. It has certificates with lower minimum opening requirements and doesn't charge an early withdrawal penalty if you take out less than 50%.
Meanwhile, Camino has a solid free savings account. It also lets you earn interest if you have at least $15 in your account.