Premier America Credit Union is headquartered in Chatsworth and is the 21st largest credit union in the state of California. It is also the 128th largest credit union in the nation. It was established in 1957 and as of December of 2023, it had grown to 406 employees and 110,927 members at 21 locations. Premier America Credit Union's money market rates are 10X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in Premier America Credit Union is open anyone through joining TOARTS. Membership is also open to the following: (1) those who reside, work, attend school, or worship in Harris County, Texas; (2) those who reside, work, worship or attend school in Ventura or Los Angeles Counties in California; (3) family of credit union members. (Complete membership requirements are listed in the credit union’s online application)
See current membership details
Related Posts
1/28 - Premier America Credit Union’s Latest Special, 17-Month CD, 3.20% APY
1/26 - 17 Mo. CD, 3.20% APY
1/18 - Premier America Credit Union Ups 16-Month CD Special, 3.15% APY
1/3 - Premier America Credit Union Ups 15-Month CD Special, 3.10% APY
4/5 - 2.10% APY On A 14-Month Certificate Special In Socal & Houston
9/17/17 - Premier America CU Offering 16-Month CD At 1.70% APY
3/27/17 - 1.25% APY On A 13-Month Certificate In Socal & Houston
2/12/17 - 1.50% 18-Month Certificate & $100 Refer-A-Friend Bonus In SoCal & Houston
2/29/16 - Premier America CU Offers Nationally Available 12-Month CD
2/13/15 - Special 13-Month CD at Premier America Credit Union in SoCal
3/13/13 - Special 13-Month CD at Premier America Credit Union
4/15/12 - Telesis Management Taken Over By Premier America
8/22/10 - $50 Checking Account Bonus At Premier America Credit Union In TX
9/15/09 - 12% 12-Month CD ($1,200 Max) at Premier America Credit Union in CA & TX - Local Only
9/28/08 - 4.20% 8-Month CD at Premier America Credit Union in Houston
9/17/08 - 4.20% 10-Month Liquid CD at Telesis Community CU in California
9/6/08 - 4.00% 7-Month CD at Premier America Credit Union - Easy Membership
7/10/08 - 10.00% 5-Month CD at a California CU - $2K Max (Telesis Community)
5/3/08 - 5.00% 5-Month CD at a Premier America CU - $5K Max - Easy Membership.
3/15/08 - 7.00% 6-Month CD at a Premier America CU - $5K Max - Easy Membership.
2/19/08 - 7.00% 6-Month CD ($5K Max) at Premier America Credit Union is Extended
2/9/08 - 7.00% 7-Month CD at a Texas CU - $7K Max (Premier America).
2/9/08 - Premier America Still Advertising 7% 7-Month 7K-Max CD in Houston.
10/31/07 - 5.00% Money Market Account Guaranteed to 6/30/08 at a TX/CA Credit Union with Easy Membership (Premier America)
5/13/07 - 7.00% 7-Month CD at a California / Texas CU - $7K Max (Premier America)
5/5/07 - 12% 12-Month CD at a Texas / California CU - $1.2K Max (Premier America)
3/26/07 - 7.00% 7-Month CD ($7K Max) is Back at Premier America Credit Union
3/2/07 - 7.00% 7-Month CD at a Texas CU - $7K Max (Premier America)
7/13/06 - 5.65% 8-Month CD at a California CU (Premier America)
6/4/06 - 7% 7-Month CD at a California CU ($7K max)
4/24/06 - 6% 24-Month CD at a California CU (Variable)
Excellent Customer Service
The Chatsworth branch has delightful customer service with professional highly skilled staff. What a breath of fresh air dealing with a financial institution that puts the customer first.
Best To Go In Person To Open
Although you can fund this promo CD via ACH transfer online...you're limited to 20K.
Mediocre at best
I have been a client of Premier America Credit Union for a few years now and am honestly not very happy with them. I have a checking account and a savings account there, both of which require ridiculous minimum balances in order to avoid fees. Their products are not very competitive, they are pretty standard compared to other banks. They are also not very good about doing fee reversals. I had a returned check (through no fault of my own) a few weeks ago and was charged a $34 fee. When I called their customer service to ask about reversing the fee, their answer was a flat-out no. They treated me like an inconvenience and it made me really mad. I also do not care for their website or mobile app. I think they are both poorly designed and do not work well. Overall I am considering switching banks and would not recommend this credit union to others.
RUN Away FAST
RUN DO NOT Walk ...Do NOT Stop and Collect $200 RUN !!. Okay here goes I Gave Them 1 Star Just Because They Answered Phone…Before opening up an account I called and verified that ACH Transfers would be allowed . I asked how much CSR said Unlimited. Went ahead and opened Savings account online , next day started ACH initiation process to Link the Credit Union to My Outside Savings Bank and also from a different Savings Bank Linking to Them. Upon verifying trial deposits I tried to move money in Either By Pushing Funds From the Outside Bank or Having CU Pull the Funds From My Outside Bank so that I could take advantage of their 3% CD... Problem was I was unable to transfer more than $20,000 a Month that's right a Month IN or OUT , Told Me They Would NOT Accept over 20,000 Coming In ?? WHAT !! Reached out to management said no way around this it was their vendor that they use for ACH's that set the limits… If I was a long-time customer There Vender Might Consider lifting or making limits higher ….Not quite believing what she just said I asked her to reach out to her manager which after 2 hours the reply came back the same. To Fund The 16 Month CD I could either Send Them a Check , PAY for a Wire Transfer, or have my Outside Bank Send Them a Check ???? as Life Goes On I find that You Just Can't Make this Stuff Up !!, Especially when you're going to open a 16 month CD...Needless to say I just pulled my initial deposit and they can have a nice day! , Oh and Buy The Way Read The Fine Print As They Have A Limit As To How Much Money You Can Open CD For……
Data as of Q4 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68428 |
| Year Chartered | 1957 |
| Employees | 406 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.23% |
| Return on Equity - YTD | 2.57% |
| Annual Interest Income | $143.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2023vs Q4 2022 | $3.47B$3.77B |
| Loans | Q4 2023vs Q4 2022 | $2.96B$3.22B |
| Deposits | Q4 2023vs Q4 2022 | $2.86B$3.09B |
| Equity Capital | Q4 2023vs Q4 2022 | $310MM$295.8MM |
| Loan Loss Allowance | Q4 2023vs Q4 2022 | $27MM$22.3MM |
| Unbacked Noncurrent Loans | Q4 2023vs Q4 2022 | $32.7MM$21.1MM |
| Real Estate Owned | Q4 2023vs Q4 2022 | $0$0 |
