Business Details
Your Trusted Partner for Financial Services in San Diego
As a member-owned, not-for-profit financial cooperative, we are dedicated to serving the financial needs of our community with a people-over-profits philosophy. Founded on the principle of empowering financial wellness, our team provides personalized banking solutions tailored to help members achieve their financial goals. We offer a comprehensive range of services including competitive savings certificates, auto and home loans, credit cards, and investment services through our partnership with Raymond James. Our commitment extends beyond individual financial successwe actively invest in San Diego communities through partnerships that strengthen local well-being. With over 20 convenient branch locations across San Diego County and flexible online banking tools, we combine accessibility with personalized service.Our BBB accreditation and Equal Housing Lender status reflect our dedication to ethical standards and fair practices. We prioritize financial education through partnerships like BALANCE, providing members with resources to build lasting financial security. During challenging times, such as government shutdowns, we offer practical relief options to support members' financial stability. Our Premier World Mastercard program rewards everyday spending with cashback and travel benefits, while our HELOC services unlock home equity for major life expenses. Every decision we make is guided by our mission to enrich lives and create long-term value for our members and communities.
Services
Auto Loans
Home Loans
Credit Cards
Savings Accounts
HELOC
Highlights and features
- We operate as a member-owned cooperative prioritizing community impact over profits
- Our BBB accreditation demonstrates commitment to ethical business practices
- We offer competitive rates on certificates (up to 4.25% APY) and loans
- 20+ local branches combined with digital banking convenience
- Community investment programs directly benefit San Diego residents
Associations and certifications
- NCUA
- Equal Housing Lender
- NAFCU
- Better Business Bureau
Services
Auto Loans
We provide competitive auto loan options with rates starting at 4.99% APR. Our financing solutions accommodate various credit profiles and vehicle types, including new and used cars. Dedicated loan specialists help members secure optimal terms and payment structures.
Home Loans
Our home loan programs feature rates starting at 5.647% APR with flexible terms for purchase or refinance needs. We offer conventional, FHA, and VA loan options with personalized guidance throughout the mortgage process.
Credit Cards
We offer multiple credit card options including the Premier World Mastercard with rewards programs and rates starting at 11.99% APR. Benefits include cashback rewards, travel insurance, and purchase protection features.
Savings Certificates
Our savings certificates provide guaranteed returns with terms ranging from 6 months to 5 years. Current rates reach up to 4.25% APY, with options for automatic renewal and penalty-free withdrawals under specific conditions.
HELOC
Home Equity Lines of Credit offer flexible access to funds using home equity as collateral. Competitive variable rates and draw periods up to 10 years allow homeowners to finance improvements, education, or other major expenses.
Questions
How do I become a Mission Fed member?
Membership requires opening a savings account with a minimum $5 deposit. We serve San Diego County residents, military personnel, and select employer groups.
What online banking features are available?
Our digital platform offers bill pay, mobile check deposit, account alerts, budgeting tools, and loan application capabilities through secure encrypted access.
Do you offer business banking services?
Yes, we provide business checking accounts, commercial loans, merchant services, and cash management solutions tailored to local businesses' needs.
What loan payment options exist?
Members can make payments through online transfers, mobile app, branch visits, or automatic deductions from checking accounts.
How are rates determined for credit products?
Rates depend on market conditions, loan terms, member creditworthiness, and collateral value. We regularly review and adjust rates to remain competitive.
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Reviews (7)
Chad R.
Jul 08, 2021
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This place is stuck in the Stone Age. Can't even set up automatic payment online. You have to go into the branch and sign a form. Not a big deal but when you compare that with every other bank out there it seems like they need to update their systems.
Tricia L. M.
Apr 23, 2021
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Understand something if you open an account with mission federal get ready, they will sell your information to others, Have accounts with three different banks , mission federal is the only one selling my info. I get mail and calls from dozens of insurance companies etc. I had to call them to tell them to STOP IT.
Angel G.
Apr 02, 2021
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In November of 2020, my mortgage refinance closed with Mission Federal Credit Union. As part of the settlement, the CU required me to pay my property taxes for December 2020 through them. I already has an escrow account ready to pay these taxes with my previous lender, California Coast Credit Union. I called my lender, CalCoast, at the time and asked not to pay my taxes for December 2020 since my new lender would pay them. Everything closed and I relied on the escrow company, Smart Live Escrow, to pay me taxes since they collected the funds from my total settlement. Again these property taxes were
Shereen G.
Jan 21, 2021
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I was just denied a refinance on my Mission Federal Auto Loan that I opened in September of 2017. Let me preface this by saying that I wanted to shorten my term even if it meant raising my monthly payment. My point of trying to refinance my loan was to pay off my car faster. I asked what the reason for my denial was considering I have an 800+ FICO. Due to being a co-signer on my family's mortgage, my debt to income ratio is off balance. I explained that my debt to income ratio on paper is not what is true and factual. In 2013, I co-signed on my family's home loan with my father
Kevin N.
Dec 03, 2020
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Nathan from Mission Fed needed an additional document to process my auto loan. I tried calling Nathan back multiple times. Call 1: line busy. Call 2: no answer. Call 3: to VM again. Tried my luck and pressed 0. It worked, ended up talking to someone else who told me he's gone for the day. Call 4: left a voicemail with not only my personal cell but that of my wife as well, you know just in case. Nathan never called back. Not once. A couple days later the dealer informs me that Mission Fed just sent the loan back because they didn't get whatever document. They were just as surprised as
See Note C.
May 22, 2020
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My Family has had the easiest time with our Auto Loans and Mortgage Loans. Elaine H. Is always there from beginning to end with any of our families needs. I wish there were more stars because she definitely deserves more. The bank is always a friendly atmosphere whenever I have any needs. Thank you Mission Federal Credit Union!!! Especially thank you to Elaine H.!
Court M.
Apr 15, 2020
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Honestly, find another bank. They rejected my husband and I tax return because it was deposited into my account and not a joint account. Then had the audacity to tell me it was an IRS/FTB rule which is blatantly says on their website that it is not. Shame on you mission fed. You say that you are a small bank with great customer service but you are not. Nobody wanted to help. Nobody had a good explanation. Violating people's privacy by removing money from their bank account, you should be embarrassed.
