Premier One Credit Union is headquartered in San Jose and is the 88th largest credit union in the state of California. It is also the 625th largest credit union in the nation. It was established in 1968 and as of June of 2016, it had grown to 62 employees and 24,817 members at 5 locations. Premier One Credit Union has an A+ health rating.
Membership is open to those who live, work, worship or attend school in Santa Clara County, California.
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||0.62%|
|Return on Equity - YTD||6.33%|
|Annual Interest Income||$5.4MM|
|Assets and Liabilities|
|Assets||Q2 2016vs Q2 2015||$383.4MM$355.3MM|
|Loans||Q2 2016vs Q2 2015||$201.5MM$173.4MM|
|Deposits||Q2 2016vs Q2 2015||$344.5MM$319.8MM|
|Equity Capital||Q2 2016vs Q2 2015||$37.5MM$34.6MM|
|Loan Loss Allowance||Q2 2016vs Q2 2015||$1.4MM$2.2MM|
|Unbacked Noncurrent Loans||Q2 2016vs Q2 2015||$302.00K$412.00K|
|Real Estate Owned||Q2 2016vs Q2 2015||$0$0|
Rates for Premier One Credit Union are currently being reviewed.
|Premier One Credit Union Locations|
|Branch Office||88 S 4th St||San Jose, CA 95112-3582|
|Branch Office||5353 ALMADEN EXPY # F-80||SAN JOSE, CA 95118-3637|
|Branch Office||140 Asbury St||San Jose, CA 95110|
|Branch Office||1195 E Arques Ave||Sunnyvale, CA 94085-3904|
|Corporate Office||6640 Via Del Oro||San Jose, CA 95119|