Program areas at Premier America Credit Union
Premier America Credit Union encouraged and promoted savings and acquired 13,607 new members in 2022. Total membership stood at 117,622 as of december 31, 2022 while deposit balances grew by $15 million compared to the previous year, and the organization continued to pay members favorable dividend rates on their savings.
Premier America Credit Union's core values and purpose drive our commitment to serving members and local communities. In 2022, our dedication to giving back was of paramount importance as Premier America Credit Union donated $317,942 to local charities and community organizations and team members invested over 600 hours of service to nonprofit organizations. Premier America Credit Union is focused on providing safe, responsible and affordable financial services to help members reach their dreams.
Premier America Credit Union met mortgage needs of first time home buyers and refinancing needs of existing homeowners, allowing them to take advantage of lower interest rates. Lower interest rates were made possible by being a fnma mortgage loan seller and servicer. During the year, the organization granted 928 real estate loans.
Grants made by Premier America Credit Union
Personnel at Premier America Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Ie-Chen Cheng | Senior Vice President , Chief Financial Officer | $168,762 | 2024-10-03 |
| Rudy Pereira | President and Chief Executive Officer | | 2024-10-03 |
| Ernesto Norona | Senior Vice President , Chief Operating Officer | $406,905 | 2024-10-03 |
| Brad Cunningham | Senior Vice President , Chief Financial Officer / Senior Vice President and Chief Financial Officer | | 2022-11-15 |
| Jason Wolkove | Senior Vice President , Chief Technology Officer | | 2024-10-03 |
| ...and 13 more key personnel |
Financials for Premier America Credit Union
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $119,143,288 | $100,652,858 | 18.4% |
| Investment income and dividends | $7,741,861 | $5,827,484 | 32.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $185,182 | $189,834 | -2.5% |
| Net gain from sale of non-inventory assets | $0 | $835,792 | -100% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $127,070,331 | $107,505,968 | 18.2% |
Organizations like Premier America Credit Union
| Organization | Type | Location | Revenue |
|---|
| CoastHills Credit Union | 501(c)(14) | Santa Maria, CA | $76,854,403 |
| Patelco Credit Union | 501(c)(14) | Dublin, CA | $314,717,655 |
| Safe Credit Union | 501(c)(14) | Folsom, CA | $229,786,087 |
| Evangelical Christian Credit Union | 501(c)(14) | Brea, CA | $32,611,638 |
| Community First Credit Union | 501(c)(14) | Santa Rosa, CA | $36,766,136 |
| Pacific Marine Credit Union | 501(c)(14) | Oceanside, CA | $64,162,592 |
| Redwood Credit Union | 501(c)(14) | Santa Rosa, CA | $304,586,101 |
| San Diego County Credit Union (SDCCU) | 501(c)(14) | San Diego, CA | $329,477,426 |
| Pacific Service Credit Union | 501(c)(14) | Concord, CA | $55,384,960 |
| Credit Union of Southern California | 501(c)(14) | Anaheim, CA | $120,210,205 |
Data update history
February 11, 2024
Updated personnel
Identified 2 new personnel
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 3 new personnel
December 27, 2023
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCredit unionsChapter / child organizations
Issues
No issues found
Characteristics
Memberships
General information
- Address
- 19867 Prairie St
- Chatsworth, CA 91311
- Metro area
- Los Angeles-Long Beach-Anaheim, CA
- County
- Los Angeles County, CA
- Website URL
- premieramerica.com/Â
- Phone
- (818) 772-4011
IRS details
- EIN
- 95-3442691
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1957
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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