Patelco Credit Union is a member owned, not-for-profit credit union that serves Northern California, particularly the San Francisco Bay Area. Founded in 1936, it is one of the oldest and largest credit unions in the country. With more than $9 billion in assets,[2] it is the 22nd largest credit union in the country.[3]
 Patelco branch in Novato | |
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Founded | 1936 |
| Headquarters | Dublin, California, United States |
Number of locations | 37 Branches |
Key people | Erin Mendez, President/CEO
Board of Directors Peter Hanelt, Chairman John Rubino, First Vice Chairman Jesse Rivera, Second Vice Chairman Tracy Scott,Secretary Colleen Cabey,Treasurer Gene Bell,Director Race Chen,Director Jeff Parks,Director Vickie Rath,Director Gerald Upson,Director Garick Zillgitt,Director |
| Services | Savings; checking; online banking; consumer loans; mortgages; credit cards; investments; insurance |
| Total assets |  US$ 9 billion (2021)[1] |
Number of employees | 750 |
| Website | patelco.org |
History
editPatelco Credit Union once served an organization formerly known as Pacific Telephone & Telegraph Company (now known as AT&T). However, in 1983 it opened its doors to the public and now operates 37 branches in Northern California.[4] It provides services in the form of deposits, lending, investments, and insurance.
Starting June 29th, 2024, Patelco has been experiencing a ransomware attack, causing a partial service outage.[5] It's started to provide daily updates in its Security Incident Updates & Information Center.
References
edit- ^ "Patelco Financial Statement".
- ^ "History and Vision - Patelco Credit Union". www.patelco.org. Retrieved July 19, 2021.
- ^ "Biggest US Credit Unions by Asset Size (2021)". www.mx.com. Retrieved July 19, 2021.
- ^ "History and Vision - Patelco Credit Union". www.patelco.org. Retrieved July 19, 2021.
- ^ "The Mercury News - Half a million Patelco members locked out of credit union accounts due to security breach". www.mercurynews.com. Retrieved July 1, 2024.