Patelco Credit Union

Patelco Credit Union is a federally chartered credit union headquartered in Dublin, California. It is one of the larger credit unions in the San Francisco Bay Area and in California overall, with a history going back to 1936. The credit union was originally established to serve Pacific Telephone and Telegraph Company employees and has since expanded its membership broadly.

Patelco is a member-owned, not-for-profit financial cooperative insured by the National Credit Union Administration up to $250,000 per depositor. As a cooperative, it does not distribute profits to outside investors, and its goal is to provide value to members through competitive rates and financial products.

Membership is open to employees of qualifying organizations, residents of several Northern California counties, and individuals who have a family member who is already a Patelco member. The credit union primarily serves the San Francisco Bay Area and the greater Northern California region. Prospective members should verify current eligibility on the Patelco website before applying.

Patelco commonly offers checking and savings accounts, auto loans, mortgages, home equity products, personal loans, and credit cards. Its auto loan rates are frequently cited as competitive in the Bay Area market. The credit union offers both new and used vehicle financing. It also provides a range of savings account options, including certificates of deposit and money market accounts.

Patelco operates branches across the Bay Area and in other Northern California communities. It also provides online and mobile banking services, including a mobile app. Members can access a large surcharge-free ATM network.

Northern California residents who qualify for membership should compare Patelco's products with other available options, particularly for auto loans and mortgages, before making a borrowing or savings decision.