Sep, 30, 2025 — PREMIER AMERICA CREDIT UNION is a federally insured state chartered credit union headquartered in CHATSWORTH, CA with 21 branch locations and about $3.31 billion in total assets. Opened 69 years ago in 1957, PREMIER AMERICA CREDIT UNION has about 116,338 members and employs 436 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 AMERICA CREDIT UNION |
|---|---|
| Address: (Main Office) | 19867 Prairie St CHATSWORTH, CA 91311-6532 |
| Phone: | (800) 772-4000 |
| Fax: | (818) 772-4101 |
| Website: | https://www.premieramerica.com |
| Branches: | 21 branch locations |
| Members: | 116,338 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68428 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $3,309,835,693 |
| CEO/Manager: | Rudy J Pereira |
| Chairperson: | Joann Klonowski |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 244,447,944 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,277,684,750 |
| Unsecured Loans | 142,927,831 |
| Other Loans | 296,020,704 |
| TOTAL LOANS | 2,716,633,285 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -21,904,192 |
| Land And Building | 8,872,480 |
| Other Fixed Assets | 9,146,638 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 29,063,104 |
| All Other Assets | 2,455,947 |
| TOTAL ASSETS | 3,309,835,693 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 50,000,000 |
| Accounts Payable & Other Liabilities | 27,636,451 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 416,409,220 |
| Regular shares | 447,202,250 |
| All Other Shares & Deposits | 2,059,989,920 |
| TOTAL SHARES & DEPOSITS | 2,923,601,390 |
| TOTAL LIABILITIES | 3,001,237,841 |
| Regular Reserve | 0 |
| Other Reserves | 51,476,388 |
| Undivided Earnings | 257,121,464 |
| TOTAL EQUITY | 308,597,852 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,309,835,693 |
| INCOME & EXPENSE | |
| Loan Income | 97,752,918 |
| Investment Income | 14,032,298 |
| Other Income | 3,578,675 |
| Total Employee Compensation & Benefits | 39,178,679 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 30,806,811 |
| Non-operating Income & (Expense) | 2,955,133 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,912,000 |
| Cost of Funds | 56,870,363 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -6,557,893 |
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