- Payday loans in Monte Sereno follow California law (California Deferred Deposit Transaction Law).
- Borrowing $300 at the state maximum costs $45 fee on a $300 check, so you receive $255.
- The nearest larger city is Los Gatos, about 2 miles away.
Monte Sereno at a glance
| Monte Sereno | |
|---|---|
| Population (2024 Census estimate) | 3,563 |
| Change since 2020 | +2.7% (growing) |
| County | Santa Clara County |
| Size rank among 480 California places we cover | 441st |
| Nearest larger city | Los Gatos (about 2 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Santa Clara County | 13 |
| Other towns within 25 miles | 26 (about 2,373,132 residents) |
| Typical payday APR statewide (CRL 2023) | 460% |
Whether you borrow at a storefront in Los Gatos or online from Monte Sereno, the lender must hold a California license from the California Department of Financial Protection and Innovation (DFPI) and follow state limits.
Credit unions near Monte Sereno
No credit union has its main office in Monte Sereno, but these are based elsewhere in Santa Clara County (NCUA, June 2026):
- Mission City Federal Credit Union in Santa Clara (federal charter — may offer payday alternative loans (PALs))
- Stanford Federal Credit Union in Palo Alto (federal charter — may offer payday alternative loans (PALs))
- First Technology Federal Credit Union in San Jose (federal charter — may offer payday alternative loans (PALs))
- Mirastar Federal Credit Union in San Jose (federal charter — may offer payday alternative loans (PALs))
- Haven Federal Credit Union in San Francisco (federal charter — may offer payday alternative loans (PALs))
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Monte Sereno
Key California limits that apply to Monte Sereno borrowers: maximum check: $300 (so the most you can receive is $255); maximum fee: 15% of the check amount ($45 on $300); loan term: up to 31 days. See the full California payday loan rules.
What a $300 loan costs in Monte Sereno
At California’s maximum fee, borrowing $300 costs $45 fee on a $300 check, so you receive $255. Statewide, the typical APR on a $400 payday loan was 460% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Santa Clara County before you borrow
- Credit union payday alternative loans (PALs): $200–$2,000 at no more than 28% APR. Search for a federal credit union in Monte Sereno that offers them. See how PALs work.
- Your bank’s small-dollar loan, if it offers one. See bank small-dollar loans.
- Cash advance apps for $20–$500 based on your direct deposits. See apps compared.
- 211: call or text 211 for local help with rent, utilities and food.
Towns near Monte Sereno
The nearest larger city is Los Gatos, about 2 miles away. See all 480 California cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Monte Sereno?
Yes. Payday loans are legal in Monte Sereno under California state law, and lenders must be licensed by the California Department of Financial Protection and Innovation (DFPI).
How much does a payday loan cost in Monte Sereno?
At California’s maximum fee, borrowing $300 costs $45 fee on a $300 check, so you receive $255. The typical statewide APR was 460% in 2023.
Where is the nearest credit union to Monte Sereno?
No credit union is headquartered in Monte Sereno, but Mission City Federal Credit Union is based in Santa Clara, also in Santa Clara County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- California DFPI — Deferred Deposit Transaction Law report
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary