Premier One Credit Union is headquartered in San Jose and is the 86th largest credit union in the state of California. It is also the 672nd largest credit union in the nation. It was established in 1968 and as of June of 2022, it had grown to 80 employees and 24,352 members at 5 locations. Premier One Credit Union has an A health rating.
Premier One Credit Union is open to anyone who lives, regularly conducts business, attends school or worships in Santa Clara County or San Jose City in California. Retired and active San Jose city employees or volunteers, and employees of any of the following SEGs: Hitachi Data Systems, Santa Clara Chamber of Commerce, Interstate Building Maintenance in Arlington, Texas, ION Implant Services in Sunnyvale, California, Dale Carnegie Training in Campbell, California or any of the more than 100 groups (a complete list of requirements and groups are posted on the credit union's website).
See current membership details
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.
|Return on Assets - YTD||0%|
|Return on Equity - YTD||-0.01%|
|Annual Interest Income||$7.7MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$557.9MM$542.7MM|
|Loans||Q2 2022vs Q2 2021||$349.1MM$302.0MM|
|Deposits||Q2 2022vs Q2 2021||$518.6MM$492.3MM|
|Equity Capital||Q2 2022vs Q2 2021||$36.5MM$48.1MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$1.2MM$1.1MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$453.00K$217.00K|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$0|
Rates for Premier One Credit Union are currently being reviewed.
|Premier One Credit Union Locations|
|Branch Office||5353 ALMADEN EXPY Ste 80||SAN JOSE, CA 95118-3633|
|Branch Office||140 Asbury St||San Jose, CA 95110|
|Branch Office||1193 E Arques Ave||Sunnyvale, CA 94085-3904|
|Corporate Office||6640 Via Del Oro||San Jose, CA 95119|
|Branch Office||1415 1ST ST STE 101||GILROY, CA 95020-4870|