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Patelco Credit Union is a member owned, not-for-profit credit union that serves Northern California, particularly the San Francisco Bay Area. Founded in 1936, it is one of the oldest and largest credit unions in the country. With more than $9 billion in assets, [2] it is the 22nd largest credit union in the country. [3]
Patelco is nonprofit credit union founded in 1936 with more than 456,000 members “primarily in and around Northern California” with around $9 billion in assets, according to the company.
Father Burke Federal Credit Union, Bronx, New York: closed and liquidated by NCUA credit union [41] July 1, 2008: Cal State 9 Credit Union, Concord, California: closed and liquidated by NCUA; most assets assumed by Patelco Credit Union, San Francisco, California: credit union [42] July 1, 2008: Sterlent Credit Union, Pleasanton, California
Patelco Credit Union Overview. Patelco Credit Union has more than 450,000 members nationwide, and membership is open to those who live in northern California, as well as those who work for more ...
Due in large part to Callahan's leadership, Patelco grew from a regional credit union with $280 million in assets to a national one with more than $3.0 billion when he retired in 2002. Today, Patelco is currently the 14th largest credit union in America, with $4.2 billion in assets. Awards and accolades
A credit union is a member-owned nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (cheque accounts), credit cards, credit, share term certificates (certificates of deposit), and online banking.
Patelco Credit Union, which has five locations in the Sacramento area, has shut down online transactions and balance inquiries as the problem is fixed.
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