NFP500

#168 of 500 · Member & Benefit Funds

The Golden 1 Credit Union

EIN 94-0362025 · CA · NTEE W61 · Form 990, fiscal 2023

A member-owned, not-for-profit financial cooperative headquartered in Sacramento, California, and one of the largest credit unions in the United States. Founded in 1933, it serves members across California, offering savings and checking accounts, loans, mortgages, credit cards and other financial services, along with community investment and financial-education programs, under a 'people helping people' cooperative philosophy.

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Financials, fiscal 2023

Revenue
$898.1M
Expenses
$757.8M
Total assets
$21.13B
Net assets
$1.54B
Operating margin
15.6%
1-year growth
42.8%
5-year growth (CAGR)
14.0%
Reserve (years of spending)
24.3
Contributions share
n/a
Programme spending
67.8%
Fundraising cost
n/a
Executive pay share
1.61%
Employees
2,695
Revenue per employee
$333K
Grants paid
n/a
Years filing
6

NFP Health Score: 76 / 100

Financial 63 · Governance 90 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To deliver exceptional financial services and support that empower our members and communities; Golden 1 is here to help all Californians set and achieve their financial goals.

Revenue history

YearRevenue
2019$532.3M
2020$529.0M
2021$525.4M
2022$629.0M
2023$898.1M