NFP500

#345 of 500 · Member & Benefit Funds

Patelco Credit Union

EIN 94-0755684 · CA · NTEE n/a · Form 990, fiscal 2023

A not-for-profit, member-owned financial cooperative headquartered in Dublin, California. Founded in 1936 by employees of the Pacific Telephone and Telegraph Company, it has grown into one of the largest credit unions in the United States, with hundreds of thousands of members. It offers checking and savings accounts, loans, mortgages, credit cards, and other consumer financial services, and supports community needs such as hunger, housing, and children's health.

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Financials, fiscal 2023

Revenue
$445.1M
Expenses
$372.5M
Total assets
$9.71B
Net assets
$829.4M
Operating margin
16.3%
1-year growth
41.4%
5-year growth (CAGR)
10.9%
Reserve (years of spending)
26.7
Contributions share
n/a
Programme spending
77.2%
Fundraising cost
n/a
Executive pay share
1.44%
Employees
857
Revenue per employee
$519K
Grants paid
$322K
Years filing
62

NFP Health Score: 68 / 100

Financial 61 · Governance 65 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To strengthen the financial well-being of our members and their communities.

Revenue history

YearRevenue
2018$264.8M
2019$299.7M
2020$278.4M
2021$276.2M
2022$314.7M
2023$445.1M