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PREMIER COMMUNITY CREDIT UNION

Jun, 30, 2023 — 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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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