Patelco Credit Union was founded in 1936 by a group of Pacific Telephone & Telegraph Company employees who wanted to create a financial institution that would serve their specific needs. Originally known as the Pacific Telephone Employees Credit Union, the organization started with just 12 members and $500 in assets.Over the years, Patelco Credit Union has grown significantly and expanded its membership to include employees of other companies and organizations in the Bay Area. Today, Patelco serves over 400,000 members and has more than $7 billion in assets.As a credit union, Patelco is owned and operated by its members, who elect a volunteer board of directors to oversee the organization. This cooperative structure allows Patelco to focus on providing personalized service and competitive rates to its members, rather than maximizing profits for shareholders.Patelco offers a wide range of financial products and services, including checking and savings accounts, loans, credit cards, and investment options. They also provide online and mobile banking services, making it convenient for members to manage their finances.In addition to serving its members, Patelco is committed to giving back to the communities it serves. The credit union supports various charitable organizations and initiatives, with a focus on education, financial literacy, and community development.Overall, Patelco Credit Union is dedicated to helping its members and communities prosper by providing them with the financial tools and resources they need to achieve their goals.

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