PREMIER COMMUNITY CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.premierccu.org for more information.
Dec, 31, 2022 — PREMIER COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in STOCKTON, CA with 3 branch locations and about $207.20 million in total assets. Opened 92 years ago in 1931, PREMIER COMMUNITY CREDIT UNION has about 9,646 members and employs 40 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 COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 3315 W BENJAMIN HOLT DR STOCKTON, CA 95219-3560 |
| Phone: | (209) 235-1100 |
| Fax: | (209) 235-1152 |
| Website: | https://www.premierccu.org |
| Branches: | 3 branch locations |
| Members: | 9,646 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64515 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1931 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $207,197,200 |
| CEO/Manager: | Russel Hagen |
| Chairperson: | Allan Patterson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 47,551,880 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,325,030 |
| Unsecured Loans | 3,207,117 |
| Other Loans | 39,739,078 |
| TOTAL LOANS | 61,271,225 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -797,624 |
| Land And Building | 3,159,127 |
| Other Fixed Assets | 267,490 |
| NCUSIF Deposit | 1,832,142 |
| All Other Assets | 0 |
| TOTAL ASSETS | 207,197,200 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,034,295 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 49,476,964 |
| Regular shares | 113,406,343 |
| All Other Shares & Deposits | 32,603,251 |
| TOTAL SHARES & DEPOSITS | 195,486,558 |
| TOTAL LIABILITIES | 197,520,853 |
| Regular Reserve | 0 |
| Other Reserves | -5,746,909 |
| Undivided Earnings | 15,423,256 |
| TOTAL EQUITY | 9,676,347 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 207,197,200 |
| INCOME & EXPENSE | |
| Loan Income | 611,777 |
| Investment Income | 272,152 |
| Other Income | 396,626 |
| Total Employee Compensation & Benefits | 693,935 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 726,656 |
| Non-operating Income & (Expense) | -3,321 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 108,094 |
| Cost of Funds | 22,216 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -226,213 |
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