Sep, 30, 2025 — THE POLICE CREDIT UNION is a federally insured state chartered credit union headquartered in SAN BRUNO, CA with 5 branch locations and about $1.06 billion in total assets. Opened 68 years ago in 1958, THE POLICE CREDIT UNION has about 38,847 members and employs 134 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | THE POLICE CREDIT UNION |
|---|---|
| Address: (Main Office) | 1250 Grundy Ln SAN BRUNO, CA 94066 |
| Phone: | (415) 564-3800 |
| Fax: | (415) 564-5519 |
| Website: | https://www.thepolicecu.org |
| Branches: | 5 branch locations |
| Members: | 38,847 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60968 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,058,791,956 |
| CEO/Manager: | EDDIE YOUNG |
| Chairperson: | STEVE A TACCHINI |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 199,700,488 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 403,857,953 |
| Unsecured Loans | 62,016,008 |
| Other Loans | 84,773,193 |
| TOTAL LOANS | 550,647,154 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,410,507 |
| Land And Building | 39,721,135 |
| Other Fixed Assets | 6,765,347 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 8,413,379 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,058,791,956 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 14,160,479 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 192,521,403 |
| Regular shares | 324,015,755 |
| All Other Shares & Deposits | 423,475,880 |
| TOTAL SHARES & DEPOSITS | 940,013,038 |
| TOTAL LIABILITIES | 954,173,517 |
| Regular Reserve | 0 |
| Other Reserves | -22,503,367 |
| Undivided Earnings | 127,121,806 |
| TOTAL EQUITY | 104,618,439 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,058,791,956 |
| INCOME & EXPENSE | |
| Loan Income | 21,838,333 |
| Investment Income | 8,365,121 |
| Other Income | 2,004,665 |
| Total Employee Compensation & Benefits | 14,902,660 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 12,514,967 |
| Non-operating Income & (Expense) | 2,221,654 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,009,898 |
| Cost of Funds | 9,833,802 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -521,268 |
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