#345 of 500 · Member & Benefit Funds
Patelco Credit Union
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.
Open the interactive profileFinancials, 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
| Year | Revenue |
|---|---|
| 2018 | $264.8M |
| 2019 | $299.7M |
| 2020 | $278.4M |
| 2021 | $276.2M |
| 2022 | $314.7M |
| 2023 | $445.1M |