About SLO Credit Union
Our Story
In 1953, four local credit unions on the Central Coast came together to form the Credit Union Center, the only organization of its kind in the country at the time. Each had struggled on its own to maintain office hours and staff. By joining forces, they built something stronger. Today, that shared strength lives on as SLO Credit Union.
That same spirit of cooperation still guides us more than 70 years later: lower loan rates, higher dividends, and friendly, efficient service, because this is your credit union, and we take the time to actually get to know you.
What You Can Expect From Us
Security
Over 70 years serving the Central Coast. Your money is safe with us.
Loyalty
A staff devoted to personal, one on one service.
Opportunity
Affordable products and services designed to support your financial success.
Credit Union Vs. Bank
SLO Credit Union isn’t a bank, and that difference matters. Banks are typically for profit institutions built to generate returns for outside investors. Credit unions operate on a different model entirely. As a not for profit cooperative, SLO Credit Union has no outside investors to satisfy. Instead, we answer to the San Luis Obispo community we serve. The profits we earn don’t get distributed elsewhere. They’re reinvested directly back into our services, which means lower loan rates, higher dividends on savings, fewer and lower fees, and continued support for the people and community around us. That’s the credit union difference, and it’s why so many people in San Luis Obispo County choose to bank with us.
Who Can Join
Membership at SLO Credit Union is open to anyone who lives, regularly works, or attends school in San Luis Obispo County. We also welcome immediate family members of existing members, including spouses, children, parents, grandparents, and grandchildren, whether by birth, marriage, step, or adoption. If you meet any of these criteria, you’re eligible to become a member and start enjoying the benefits of banking with a local, community focused credit union. Joining is simple, and our team is happy to walk you through the process.
