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PREMIER COMMUNITY CREDIT UNION

Jun, 30, 2021 — PREMIER COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in STOCKTON, CA with 3 branch locations and about $203.68 million in total assets. Opened 90 years ago in 1931, PREMIER COMMUNITY CREDIT UNION has about 9,993 members and employs 48 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:http://www.premierccu.org
Branches:3 branch locations
Members:9,993
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:$203,684,760
CEO/Manager:Russel Hagen
Chairperson:Hank Klor

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 32,224,056
TOTAL INVESTMENTS 84,876,532
Loans Held for Sale 0
 
 Real Estate Loans 24,200,613
 Unsecured Loans 3,476,228
 Other Loans 50,631,356
 TOTAL LOANS 78,308,197
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,015,968
 Land And Building 3,260,600
 Other Fixed Assets 263,525
 NCUSIF Deposit 1,624,973
 All Other Assets 4,142,845
  TOTAL ASSETS 203,684,760
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,750,665
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 45,017,211
 Regular shares 96,585,803
 All Other Shares & Deposits 44,693,530
  TOTAL SHARES & DEPOSITS 186,296,544
  TOTAL LIABILITIES 188,047,209
 Regular Reserve 1,825,000
 Other Reserves -99,428
 Undivided Earnings 13,911,979
  TOTAL EQUITY 15,637,551
  TOTAL LIABILITIES, SHARES, & EQUITY 203,684,760
INCOME & EXPENSE  
 Loan Income 1,637,499
 Investment Income 422,586
 Other Income 835,191
 Total Employee Compensation & Benefits 1,416,657
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,383,388
 Non-operating Income & (Expense) -6,642
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 59,361
 Cost of Funds 58,455
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 45,058
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