Bay Federal Credit Union celebrates Salinas location with ribbon cutting event

CAPITOLA, CA (November 21, 2019) — Bay Federal Credit Union and the Salinas Valley Chamber of Commerce hosted a special ribbon-cutting event and networking mixer to commemorate the opening of the credit union’s location in downtown Salinas.

The event marked the culmination of a journey that began in September 2018 when Coast-Tel Federal Credit Union and Bay Federal Credit Union announced an intention to merge. After the merger was approved and completed, the location at 356 Main St in Salinas was converted into a branch of Bay Federal.

“We couldn’t be more thrilled to be here in Salinas,” said Bay Federal President and CEO Carrie Birkhofer.” One of the core values of Bay Federal is giving back to the communities we serve. We are excited to partner with the Chamber and other non-profits as we strive to continue the impact started by Coast-Tel Federal Credit Union in making a real difference in the financial lives of the people of the Salinas Valley.”

Bay Federal CU and the Salinas Valley Chamber of Commerce recently hosted a ribbon-cutting event and networking mixer to commemorate the opening of the credit union’s new branch the area.

About Bay Federal Credit Union

Bay Federal Credit Union is a full-service, not-for-profit financial institution that serves over 86,000 members and 2,400 local businesses throughout Santa Cruz, San Benito, and Monterey counties. With more than $1.6 billion in assets, Bay Federal is the largest member-owned financial institution in the region. The organization has been proudly serving its members and the community since 1957. Bay Federal is a certified Community Development Financial Institution, with a primary mission of promoting community development alongside their financial activities. Bay Federal has an award-winning employee volunteer program in which employees have given their own money and volunteer for numerous local schools, nonprofit organizations, and community events each year.


Amy Ivey,
SVP, Chief Marketing Officer
Bay Federal Credit Union

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