Founded in 1968, Monterey Credit Union is a state-chartered credit union that offers banking services -- savings and checking accounts, credit and loans -- to its members. Membership is open to anyone who lives or works in Monterey, Santa Cruz, San Bernardino, San Luis Obispo or Santa Clara counties. As of October 2010, it had 17,245 members and assets of approximately $159 million. Monterey also provides online and telephone banking services.