Sep, 30, 2025 — PREMIER ONE CREDIT UNION is a federally insured state chartered credit union headquartered in SAN JOSE, CA with 6 branch locations and about $639.49 million in total assets. Opened 58 years ago in 1968, PREMIER ONE CREDIT UNION has about 35,232 members and employs 90 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 ONE CREDIT UNION |
|---|---|
| Address: (Main Office) | 6640 Via Del Oro SAN JOSE, CA 95119 |
| Phone: | (855) 500-7128 |
| Fax: | (408) 224-2890 |
| Website: | https://www.premieronecu.org/ |
| Branches: | 6 branch locations |
| Members: | 35,232 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68540 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $639,492,367 |
| CEO/Manager: | ANDREA BREWER |
| Chairperson: | SEAMUS MORAN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 65,252,296 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 322,389,046 |
| Unsecured Loans | 39,365,196 |
| Other Loans | 100,942,744 |
| TOTAL LOANS | 462,696,986 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,144,533 |
| Land And Building | 12,097,847 |
| Other Fixed Assets | 3,033,758 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,830,780 |
| All Other Assets | 129,867 |
| TOTAL ASSETS | 639,492,367 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 45,000,000 |
| Accounts Payable & Other Liabilities | 5,482,335 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 129,826,802 |
| Regular shares | 166,444,246 |
| All Other Shares & Deposits | 236,924,774 |
| TOTAL SHARES & DEPOSITS | 533,195,822 |
| TOTAL LIABILITIES | 583,678,157 |
| Regular Reserve | 0 |
| Other Reserves | 9,946,814 |
| Undivided Earnings | 45,867,396 |
| TOTAL EQUITY | 55,814,210 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 639,492,367 |
| INCOME & EXPENSE | |
| Loan Income | 18,289,300 |
| Investment Income | 3,371,012 |
| Other Income | 946,663 |
| Total Employee Compensation & Benefits | 8,198,219 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,966,181 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,326,585 |
| Cost of Funds | 6,833,468 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,167,965 |
| ↑ Back to Top | |