Patelco Credit Union
 Patelco branch in Novato | |
| 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 |
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.
History
[edit]Patelco Credit Union once served the former Pacific Telephone & Telegraph Company (later Pacific Bell, now known as AT&T). After the Breakup of the Bell System in 1983, it expanded its membership eligibility to the general public, and now operates 37 branches in Northern California, and nationwide through its online banking system and ATM network.[3] It provides services in the form of deposits, lending, investments, and insurance.
On June 29th, 2024, Patelco had experienced a ransomware attack, causing a partial service outage.[4] 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.
- ↑ "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.