Santa Clara County Federal Credit Union (inc)

What Santa Clara County Federal Credit Union (inc) does

Santa Clara County Federal Credit Union, now operating under the brand Mirastar Federal Credit Union, is a not-for-profit, member-owned federal credit union founded in 1950 and headquartered in San Jose, California. It serves individuals, families, youth, and small businesses across Santa Clara County and surrounding communities, offering a full suite of retail banking products: checking, savings, money market accounts, certificates, credit cards, and consumer loans spanning auto, home, personal, student, and vehicle refinancing. The institution holds a federal credit union charter, is NCUA-insured, is certified as a Community Development Financial Institution (CDFI), and operates as an Equal Housing Lender, distributing its products through approximately five local branches and a digital banking platform (online and mobile).

The business model is a standard cooperative net-interest-income model: the credit union takes member deposits at administered rates and lends them out across consumer and mortgage products, supplemented by interchange and fee income. Member acquisition is driven by community programs (financial education, scholarships, blood drives), a youth banking initiative, wealth advisory services, and active promotional campaigns including a 1% APR auto loan discount via a partnership with Enterprise Car Sales through June 2026, a vehicle refinancing offer of $300 cash back plus a 90-day payment break, and a 2x gas rewards credit card promotion for May-June 2026. The credit union has also extended its lending reach through a third-party loan origination partnership with LoanSpoke/loanspq, enabling digital application and processing capacity without a full in-house build. Operations are supported by between 101 and 250 employees, with no disclosed senior leadership, M&A, or external funding activity.

Name

Santa Clara County Federal Credit Union (inc)

Legal name

Mirastar Federal Credit Union

Website

https://sccfcu.org

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

101–250 employees

Short description

Mirastar Federal Credit Union is a not-for-profit, NCUA-insured, CDFI-certified cooperative founded in 1950, serving Santa Clara County members with deposit products, consumer loans, credit cards, and digital banking.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213), Depository Credit Intermediation (5221), Credit Card Issuing (522210)

SIC

Personal Credit Institutions (6141), Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industries

Employer/Occupational Credit Unions (FSABAEAB), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Credit union banking
• Consumer lending
• Mortgage services
• Deposit accounts
• Community banking

Headquarters

HQ city

San Jose

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income: Interest earned on loans including auto loans, home loans, personal loans, credit cards, and student loans. Core revenue stream for credit unions.
2. Deposit Interest: Interest paid to members on savings accounts, checking accounts, money market accounts, and certificates. Member deposits are the primary funding source.
3. Fee-Based Income: Various banking fees including account maintenance, overdraft, ATM usage, wire transfers, and other service charges.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Santa Clara County Federal Credit Union (operating as Mirastar Federal Credit Union) is a not-for-profit, member-owned financial cooperative providing a full suite of retail banking products and services. Core offerings include deposit products (checking, savings, retirement accounts, youth/young adult banking, term certificates, money market accounts) and lending products (credit cards, home loans, vehicle loans with refinancing, personal loans, quick cash loans, student loans), supported by digital channels (online/mobile banking, phone banking) and member services (money management advisory, credit protection, financial education, hardship assistance).

Product overview

Mirastar Federal Credit Union (formerly Santa Clara County Federal Credit Union) operates as a not-for-profit, member-owned financial institution offering a comprehensive suite of banking products. The portfolio centers on deposit products (checking, savings, retirement accounts, youth/young adult banking, term certificates, and money market accounts) and lending products (credit cards, home loans, vehicle loans with refinancing options, personal loans, quick cash loans, and student loans). Digital banking services including online/mobile banking and phone banking support the core products, complemented by member services such as money management advisory, member benefits/discounts, and credit protection. The institution also provides financial wellness resources through educational content, calculators, and hardship assistance programs. As a CDFI-certified credit union, the organization focuses on community impact and financial inclusion across multiple segments including children/education, community health, and financial wellness.

Differentiator

Problem solved

Functional benefit

Products and services

• Checking Accounts Traditional checking account products for daily banking needs, providing members access to funds through debit cards and online banking.
• Savings Accounts Savings account products designed to help members grow their deposits with competitive rates.
• Retirement Accounts Individual retirement account (IRA) products including traditional and Roth options for long-term savings.
• Youth Banking Banking products and accounts designed specifically for children and teenagers to promote financial literacy from an early age.
• Young Adult Banking Specialized banking products targeting young adults, typically ages 18-25, with features suited for those establishing their financial foundation.
• Credit Cards VISA credit card products offering rewards programs including promotional doubling of rewards at gas stations and new account bonus offers; APR as low as 14.49%.
• Home Loans Mortgage and home loan products for purchasing, refinancing, or accessing equity in residential properties.
• Vehicle Loans Auto loan products for purchasing new or used vehicles, with promotional rates as low as 4.99% APR and partnership discounts through Enterprise Car Sales offering 1.00% rate reduction.
• Vehicle Loan Refinancing Auto loan refinance product offering cash back incentives up to $300, 90-day payment deferral, and rates as low as 4.99% APR for qualified applicants.
• Personal Loans & Lines Unsecured personal loans and lines of credit for various needs including debt consolidation, major purchases, or unexpected expenses.
• Quick Cash Loans Short-term loan products designed for immediate cash needs with faster approval and funding timelines.
• Student Loans Education financing products to help members fund college expenses, undergraduate studies, or graduate programs.
• Online & Mobile Banking Digital banking platform providing 24/7 access to accounts through web and mobile applications for transactions, transfers, and account management.
• Banking by Phone Telephone banking service allowing members to conduct account transactions and inquiries via phone, with dedicated customer service lines (408) 282-0700 and (800) 282-6212.
• Money Management Financial planning and wealth management advisory services connecting members with expert Wealth Advisors for personalized financial planning.
• Credit Protection Credit monitoring and protection services to help safeguard members against fraud and identity theft.
• Term Certificates Certificate of deposit (CD) products with rates as high as 3.03% APY for fixed-term savings.
• Money Market Account Money market savings account offering competitive rates as high as 0.75% APY with limited check-writing capabilities.

Quantifiable outcome

• 1.00% auto loan rate discount available through June 30, 2026
• +3 more outcomes

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• PenFed (Pentagon Federal Credit Union): Large federally chartered credit union offering nationwide membership, full consumer banking, credit cards, and auto lending, representing the scaled end of the competitive set Mirastar operates within.
• BECU (Boeing Employees Credit Union): Large community/membership-based credit union with a parallel suite of consumer and mortgage products and a strong digital channel mix, comparable as a large-scale operating model for a community FCU.
• America First Credit Union: One of the largest U.S. credit unions, providing a comparable suite of consumer deposits and lending products; serves as a benchmark for the upper end of the credit union operating model Mirastar aspires to.

Direct peers

• Patelco Credit Union: Bay Area-headquartered community credit union of similar size with a full product suite (checking, savings, auto, credit cards, mortgages) and strong digital channels, directly overlapping Mirastar's target market.
• First Technology Federal Credit Union: Federally chartered, technology-sector-focused credit union serving many of the same tech employers and residents in the San Jose / Santa Clara County region, offering a comparable suite of consumer lending, deposits, and digital banking.
• Alliant Credit Union: Large federally chartered, digital-first credit union offering nationwide membership eligibility with a similar consumer product set (checking, savings, credit cards, auto, mortgages), directly competing for Mirastar's digitally engaged members.
• Digital Federal Credit Union (DCU): Federally chartered digital-first credit union with consumer checking, savings, lending, and credit cards; competes for the same digitally active California members Mirastar targets.
• San Francisco Federal Credit Union: FEDERALLY chartered community credit union serving the broader San Francisco Bay Area, offering consumer lending, deposit products, and digital banking to a substantially overlapping membership base.

Regional players

• SchoolsFirst Federal Credit Union: California-based federal credit union serving a defined occupational membership with a similar not-for-profit, cooperative structure and full banking product suite.
• Travis Credit Union: Northern California community credit union headquartered in Vacaville with a comparable membership-based model, branch footprint, and consumer lending products serving adjacent Bay Area and Sacramento Valley members.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Santa Clara County Federal Credit Union (inc)