PREMIER FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.premierfcu.org for more information.
Sep, 30, 2025 — PREMIER FEDERAL CREDIT UNION is a federal credit union headquartered in Greensboro, NC with 7 branch locations and about $251.60 million in total assets. Opened 63 years ago in 1963, PREMIER FEDERAL CREDIT UNION has about 27,762 members and employs 71 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PREMIER FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO Box 26590 Greensboro, NC 27415 |
| Phone: | (336) 370-1286 |
| Fax: | (336) 379-3506 |
| Website: | https://www.premierfcu.org |
| Branches: | 7 branch locations |
| Members: | 27,762 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15863 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Mar 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $251,598,673 |
| CEO/Manager: | Lori Thompson |
| Chairperson: | Dennie Smith |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 101,364,557 |
| TOTAL INVESTMENTS | 14,884,493 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 20,511,101 |
| Unsecured Loans | 23,759,041 |
| Other Loans | 75,190,085 |
| TOTAL LOANS | 119,826,216 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,088,233 |
| Land And Building | 7,087,172 |
| Other Fixed Assets | 384,489 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,809,373 |
| All Other Assets | 7,330,606 |
| TOTAL ASSETS | 251,598,673 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 101,885 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,329,501 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 49,043,384 |
| Regular shares | 101,469,717 |
| All Other Shares & Deposits | 67,734,612 |
| TOTAL SHARES & DEPOSITS | 218,247,713 |
| TOTAL LIABILITIES | 220,679,099 |
| Regular Reserve | 2,412,746 |
| Other Reserves | 950,015 |
| Undivided Earnings | 27,556,813 |
| TOTAL EQUITY | 30,919,574 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 251,598,673 |
| INCOME & EXPENSE | |
| Loan Income | 1,826,293 |
| Investment Income | 84,080 |
| Other Income | 449,925 |
| Total Employee Compensation & Benefits | 1,208,607 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,665,840 |
| Non-operating Income & (Expense) | -5 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 136,624 |
| Cost of Funds | 214,052 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 50,475 |
| ↑ Back to Top | |