Business Details
50+ Years
experience
Your Trusted Credit Union in Torrance, CA
Founded in 1958, we began with 15 members and a federal charter to serve Torrance city employees. Our first office opened at 1511 Cravens Avenue, where we still operate today. Over six decades, weve grown from $15,000 in assets to $167 million while maintaining our founding principle of prompt personal service. We prioritize members financial well-being through competitive rates, exceptional service, and innovative products. Membership eligibility now includes residents and workers in Torrance, Redondo Beach, Palos Verdes, Hawthorne, Lawndale, and Lennox.Guided by the credit union philosophy of 'People Helping People,' we actively support local charities like Heal the Bay and the Torrance Education Foundation. Our commitment to community financial health remains unwavering, blending big-bank amenities with small-town service. Weve preserved the original $5 share account requirement to ensure accessible membership. Today, our 7,200+ members benefit from our deep local roots and dedication to evolving financial needs.
Services
Auto Loans
Personal Loans
Home Equity Line of Credit
Mastercard
Student Loans
Mortgage Loans
IRAs
Youth Accounts
Financial Planning
Insurance
Details
- Year established: 1958
Highlights and features
- Serving the community since 1958 with proven financial expertise
- Offer competitive APRs on auto, personal, and home equity loans
- Provide personalized member service with local decision-making
- Support community through partnerships with local charities
- Maintain low $5 membership requirement for accessible banking
Services
Auto Loans
We offer competitive auto loans with APRs starting at 3.50%, available for both new and used vehicles. Our financing options include special discounts for fuel-efficient cars and direct deposit autopay arrangements. As a local credit union, we provide personalized loan terms tailored to members' financial situations while maintaining fast approval processes.
Home Equity Line of Credit
Our Home Equity Line of Credit features a promotional 4.00% APR for the first 12 months, helping homeowners access their property's value. This flexible financing solution allows borrowers to draw funds as needed for home improvements, debt consolidation, or major expenses while maintaining competitive rates post-promotion.
Personal Loans
We provide personal loans starting at 8.25% APR for various financial needs, from debt consolidation to emergency expenses. These unsecured loans require no collateral, with approval based on individual creditworthiness. Our members benefit from personalized loan counseling and flexible repayment terms.
Mastercard
Our Mastercard program offers APRs starting at 8.9%, featuring rewards programs with non-expiring points. Cardholders gain access to travel and merchandise rewards while enjoying the security benefits of credit union membership. We provide personalized credit limit assessments based on financial profiles.
Youth Accounts
Designed to teach financial responsibility, our youth accounts help children develop saving habits through dedicated savings products. These accounts maintain low minimum requirements with educational resources for young members, fostering early financial literacy through practical banking experience and parental guidance.
People
Michael Wilkins
President/CEO
Leading TCCU since its early growth phase, Michael brings decades of credit union experience. He focuses on maintaining community connections while driving digital innovation. His leadership emphasizes member-centric service and financial accessibility.
Penny Guieb
Controller
Penny oversees all financial operations with 20+ years in credit union finance. She ensures regulatory compliance while maintaining fiscal responsibility. Her expertise guides strategic financial planning and reporting processes.
Grace Mullen
Member Services Manager
Grace leads our front-line service team with 15 years of member relations experience. She trains staff in personalized service delivery and resolves complex account issues. Her approach emphasizes financial education for members.
Jose Angulo
Lending Manager
Jose manages loan operations with specialization in consumer lending. He develops underwriting guidelines and trains loan officers. His team focuses on responsible lending practices and financial inclusion.
Nancy Whitehead-Smith
Marketing Manager
Nancy leads digital transformation initiatives and community outreach programs. She manages website development and financial literacy campaigns. Her work connects TCCU with local organizations through strategic partnerships.
Questions
What areas does Torrance Community Credit Union serve?
We serve residents and businesses in Torrance, Redondo Beach, Palos Verdes, Hawthorne, Lawndale, and Lennox.
What loan products are available?
We offer auto loans, personal loans, home equity lines of credit, student loans, mortgages, and Mastercard credit options.
How can I access banking services after hours?
Use our ATMs with $510 daily withdrawal limits or contact our after-hours call center at (310) 618-9111 option 0.
What membership requirements exist?
Join with a $5 share deposit if you live or work in our service areas. No additional requirements apply.
How does TCCU support the community?
We contribute to local charities including Heal the Bay, Food for Kids, and the Torrance Education Foundation through donations and volunteer work.
What technology services are available?
Access mobile banking apps, remote check deposit, TeleTeller services, and online account management tools 24/7.
