Average User Rating:1.5 star rating based on 5 reviews.
Patelco Credit Union
Patelco Credit Union Locations|
5050 Hopyard Rd Pleasanton, CA 94588 800-358-8228 www.patelco.org  |
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Patelco Credit Union is headquartered in Pleasanton and is the 6th largest credit union in the state of California. It is also the 26th largest credit union in the nation. It was established in 1936 and as of March of 2013, it had grown to 454 employees and 275,388 members. Patelco Credit Union's CD rates are 6X the national average, and it boasts a 5-star health rating.
Related Posts
Last Chance for Patelco Credit Union's 7-Year CD - 10/18/2012
After about 7 months, Patelco Credit Union will no longer be offering its special 7-year CD. It recently notified members that the 7-year CD offering will expire on October 31, 2012. This is also desc ...
Patelco Credit Union Launches Online Check Deposit Service - 7/18/2012
I'm seeing more credit unions and banks introducing remote deposit capture services which allow customers to deposit checks with their PCs or mobile phones. The latest credit union to launch this serv ...
Top 7-Year CD Rate at Patelco Credit Union - Easy Membership - 4/16/2012
It has been a long time since I've seen a good CD deal at Patelco Credit Union . Good CD deals were common before the financial crisis, but since that time, Patelco CD rates have been a little low. Th ...
12-Month CD At 5 % APY (Forum) - 3/25/2012
Patelco Credit Union is offering a 12 month CD at 5.00 APY. The minimum and maximum is $ 1000.00. Anyone has any additional insight on this credit union?
2010
2009
2008
- 5/23 - Patelco Credit Union Absorbs Cal State 9
- 4/1 - 4.07% 12-Month Special CD at Patelco Credit Union
- 3/25 - Update on Patelco Credit Union Deals - Checking Bonus, New Member 7% CD ($1K Max) and Others
- 2/25 - $50 Checking Account Bonus at Patelco Credit Union
- 1/22 - CD Rates Falling Quickly - Best Options for Locking in CD Rates
- 1/4 - Saturday Is Last Day for Patelco's 5.50% 9-Month CD
- 1/1 - Patelco Is Now Federally Insured - My Experience Joining and Opening the 7% and 5.50% CDs
2007
- 11/26 - Patelco Credit Union is Scheduled to be Federally Insured Starting January 1st
- 11/19 - 5.50% 9-Month CD at Patelco Credit Union (Available to All) - Update
- 10/2 - Patelco Credit Union Applies for Federal Insurance
- 9/5 - 8.00% Youth Savings Account at Patelco Credit Union - $1K Max
- 7/16 - $50 New Member Bonus at a Patelco Credit Union Branch Near Sacramento
- 7/9 - 5.50% 9-Month CD at Patelco Credit Union (Available to All)
- 6/5 - 7.00% 12-Month CD at Patelco - $1K Max (Easy Membership)
- 6/2 - 5.75% 12 to 23-Month IRA CD at Patelco Credit Union (Easy Membership)
- 5/19 - 5.75% 14-Month CD Continues at Patelco Credit Union (Available to All)
- 2/10 - 5.75% 14-Month CD at Patelco Credit Union
See Rates for: Checking | Savings | Money Market | CD | IRA
Patelco Credit Union Checking Account Rates
Patelco Credit Union Savings Account Rates
Patelco Credit Union Money Market Rates
Patelco Credit Union CD Rates
Patelco Credit Union IRA Rates
| Apy | Min | Max | Product | |
| 1.50% | $500 | - | 60 Month IRA | |
| 1.50% | $500 | - | 60 Month Roth IRA | |
| 1.50% | $500 | - | 60 Month CESA | |
| 0.85% | $500 | - | 48 - 59 Month IRA | |
| 0.85% | $500 | - | 48 - 59 Month Roth IRA | |
| 0.85% | $500 | - | 48 - 59 Month CESA | |
| 0.70% | $500 | - | 36 - 47 Month IRA | |
| 0.70% | $500 | - | 36 - 47 Month Roth IRA | |
| 0.70% | $500 | - | 36 - 47 Month CESA | |
| 0.45% | $500 | - | 24 - 35 Month IRA | |
| 0.45% | $500 | - | 24 - 35 Month Roth IRA | |
| 0.45% | $500 | - | 24 - 35 Month CESA | |
| 0.25% | $500 | - | 12 - 23 Month IRA | |
| 0.25% | $500 | - | 12 - 23 Month Roth IRA | |
| 0.25% | $500 | - | 12 - 23 Month CESA | |
| 0.15% | $500 | - | 6 - 11 Month IRA | |
| 0.15% | $500 | - | 6 - 11 Month Roth IRA | |
| 0.15% | $500 | - | 6 - 11 Month CESA | |
| 0.10% | $500 | - | 3 - 5 Month IRA | |
| 0.10% | $500 | - | 3-5 Month Roth IRA | |
| 0.10% | $500 | - | 3 - 5 Month CESA |
Rates updated: 6/19/2013
Data for Q1 2013
Institution Statistics
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Institution Health
Overall Score:
5 out of 5 
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Patelco Decides Smaller Is Better And Moves HQ Out Of SF
- cactus - Wednesday, August 25, 2010 - 9:48 AMPatelco decides smaller is better. http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2010/08/23/focus1.html?b=1282536000^3833261
moves HQ out of SF http://www.mercurynews.com/opinion/ci_15870120
5
Progressively Worse Customer Service
- lucy08 - Sunday, March 10, 2013 - 10:15 AMAs a Patelco member for more than 20 years, the service and level of skill of branch employees has steadily decreased. One very simple example involves going to the branch office on New Year's eve, 12-15 customers standing in line and two of three tellers working the counter. They were extremely slow. But then it became obvious why: both were trainees! When it was finally my turn, it took the new teller 20 minutes to try and move new money from checking to interest variable money market account. She couldn't do it and suggested I call customer service for help. I refused and asked for the manager. Naturally she was busy too but finally came over to help. Apparently she had to override in order for the teller to move the money all the while the line was growing longer behind me. By the time I left it had taken me 45 minutes to move a measly few dollars from one account to another. I was very frustrated. Icing on the cake: I had the EXACT same experience yesterday over the phone with customer service but this time no one could help me, not even the manager Bobbi. When I asked for a name of the manager who oversees these accounts she said she didn't know anyone. stonewalled. She committed to send my request to a specialist who would get back to me within a day. Well, here I am two days later and no call. Very disappointing.
4
Car Loan Experience
- calisaver - Monday, April 22, 2013 - 1:13 AMPatelco purchases car loans from dealers/brokers. This is how I became a member. The rate was high and I wound up refinancing the loan after six months some where else. Patelco is no worse or better than any of the big banks. Fees, deposit rates and loan rates are average.
1
Service Charges
- Anonymous - Thursday, January 6, 2011 - 8:07 PMBeware of inactivity fees and low balance fees with this credit union. I had a free checking and savings account, and although I can't find any reference to these fees on their website, they suddenly started charging a monthly inactivity fee and low balance fee on both accounts.
1
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Poor Service, Low Savings Rates And Sneaky Fees.
A once proud and member focussed CU with great ratres on savings and loans is now a shell of its old self, with poor service, lower than average rates on savings, fees on nearly everything - low balance, inactive account, no daily maximum NSF fees and on and on. The CEO that built the old Patelco must be turning in his grave. What exists now is a poor service, low staff morale, squeeze every dime out of the members institution. Antiquated processes for loans and customer paperwork make things even worse. There are nmuch better credit union and banking cholices out there.