Premier One Credit Union is headquartered in San Jose and is the 85th largest credit union in the state of California. It is also the 652nd largest credit union in the nation. It was established in 1968 and as of June of 2023, it had grown to 89 employees and 25,665 members at 6 locations. Premier One Credit Union's CD rates are 5X the national average, and it has a B+ health rating.
Premier One Credit Union is open to anyone who lives, regularly conducts business, attends school or worships in the California counties of Alameda, Merced, Monterey, San Benito, San Mateo, San Joaquin, Santa Clara, Santa Cruz, or Stanislaus. Employees of 13 companies in Arlington, Texas and five companies in California (listed on the Membership Eligibility page) are also eligible to join.
See current membership details
I have banked here for years and always get great service by the staff. It is great to know that the employees remember me and are looking out for my best interest. They have helped me save a lot of money over the years.
This regional credit union used to be wider in scope, so their poor service and products do not impact as many customers now.
They have an HSA savings account that used to have a pretty good rate. BUT then they dropped the rates, and capped it, with a max to receive their teaser rate to be $6250 (lower than IRS limits for annual contributions). So subsequent annual contributions will only get .005%. You can do better at dozens of other banks or credit unions.
Lastly, they really do present a "we don't care" attitude. They will probably have to do mergers to grow their business.
Overall | |
---|---|
NCUA # | 68540 |
Year Chartered | 1968 |
Employees | 89 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.4% |
Return on Equity - YTD | 5.49% |
Annual Interest Income | $11.2MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $606.8MM$557.9MM |
Loans | Q2 2023vs Q2 2022 | $422.8MM$349.1MM |
Deposits | Q2 2023vs Q2 2022 | $535.3MM$518.6MM |
Equity Capital | Q2 2023vs Q2 2022 | $42.0MM$36.5MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $2.3MM$1.2MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $1.7MM$453.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Premier One Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.75%* | $250k* | - | Premier Money Market | ||
OTHER TIERS: 0.35% → $1.5k - $10k | 1.00% → $10k - $50k | 1.50% → $50k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
3.00%* | - | $25k | PremierOne Spend Account | ||
OTHER TIERS: 0.10% → $25k+ |
Premier One Credit Union Locations | ||
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Branch Office | 5353 ALMADEN EXPY Ste 80 | SAN JOSE, CA 95118-3633 |
Branch Office | 140 Asbury St | San Jose, CA 95110 |
Corporate Office | 6640 Via Del Oro | San Jose, CA 95119 |
Branch Office | 1415 1ST ST STE 101 | GILROY, CA 95020-4870 |
Branch Office | 1193 E Arques Ave | Sunnyvale, CA 94085-3904 |
Branch Office | 530 EL CAMINO REAL | REDWOOD CITY, CA 94063-1212 |