SMW 104 Federal Credit Union was originally established on April 3, 1962 as Sheet Metal Workers Local Union 216 Federal Credit Union. On January 1, 1982, Local 216 was merged into Sheet Metal Workers Local Union No. 104. As of February 23, 1982, the credit unions name was officially changed to SMW 104 Federal Credit Union. Later that year, Sheet Metal Production Workers Union #355 (later #371) was added to the field of membership. The most recent Sheet Metal Local to join the credit union was Sheet Metal Workers Local Union #162 in Sacramento, California, into which Local #371 was later merged. A complete list of all the groups eligible for membership is located in the Membership Section of this website.
What is a credit union?
A credit union is a non-profit financial institution owned by its members. Any income made by the credit union is returned to the members in the form of higher dividends paid to the members on savings, lower interest rates on loans or to strengthen the credit union reserves. The members of the credit union elect a Board of Directors, whose responsibility is to set the policies of the credit union. The Supervisory Committee is responsible to oversee the credit union and make sure the records are accurate and internal controls are maintained. The credit union undergoes an annual federal examination and an annual audit by a Certified Public Accountancy firm.
Is my account at the credit union federally insured?
All SMW 104 Federal Credit Union accounts are federally insured for up to $100,000 by the National Credit Union Administration (NCUA), an agency of the federal government. This insurance fund is called the National Credit Union Share Insurance Fund (NCUSIF) and is the strongest of the insurance funds. On top of the $100,000 federal insurance, the SMW 104 Federal Credit Union has excess share insurance coverage for an additional $250,000 per account with American Share Insurance (ASI). American Share Insurance is the nations largest private insurer and insures only credit unions that meet strict underwriting criteria.
How do I access my credit union?
Your credit union can be accessed in a number of ways. By phone you can reach us at 510-483-1300 or 1-800-464-5987. In person you can reach us at 1750 Abram Ct. in San Leandro. You can get to the credit union by taking the Marina west exit off of Hwy 880. Take a right at the first signal, which is Merced. Take another at the next corner, which is Abram Court. We are in the second building on the right hand side of the street, which faces the parking lot, not the street.
SMARTLINE, our Sheet Metal Audio Response Teller, is available to handle your transaction, 24 hours a day, seven days a week, with no waiting. Simply call 1-510-483-2078 or 1-877-500-7627 and the system will walk you through the prompts. Or call the credit union for a SMARTLINE brochure.
Online Banking - You can access your account 24 hours a day, 7 days a week via your computer. To learn more about the features of online banking, go to the Online Services page on this website.
SMW 104 Federal Credit Union is a member of Financial Service Center Corporation which has over 240 credit union location in California and even more nationwide. By visiting one of the Credit Union Service Centers, you can perform deposits, withdrawals and make loan payments to name a few. Click on this link to access a complete list of all of the Credit Union Service Centers.With a SMW 104 Federal Credit Union ATM card you can access your account at any of the COOP ATM, Star or Cirrus (which is worldwide) locations throughout the nation. Click on this link for a complete list of locations of the CO-OP ATM Locations. You can also make deposits through the CO-OP machines and of course all of the CO-OP ATMs are no-surcharge to other CO-OP member credit unions.
