Patelco Credit Union ranks in the top 20 of GOBankingRates Best Credit Unions of 2021
Northern California Credit Union also lands on top 100 best banks list
DUBLIN, CA (February 1, 2021) — Patelco Credit Union, a Bay Area-based credit union serving members for more than 80 years, ranks 14th on GOBankingRates Best Credit Unions of 2021 list as well as landing on its Top 100 Best Bank of 2021 list. The personal finance news website analyzed over 4,300 data points across more than 120 banks and 50 credit unions for
its 9th Annual Best Banks and Credit Unions of 2021 aimed to help readers across the country achieve their financial goals in the new year.
GoBankingRates awarded Patelco 4.9 out of five stars and had this to say, “Patelco Credit Union offers a complete array of financial services products to allow you to do all of your banking in one place. When you open an account, you become a member of the credit union, which is owned by members, not shareholders. This means that Patelco can offer better interest rates because it doesn’t need to worry about generating profits for shareholders.” The rankings also noted, “credit unions offer advantages unique to larger banks.”
The team of researchers at GOBankingRates evaluated Patelco’s initial deposits, branch locations, mobile app ratings, late fees, savings rates, among other criteria, to determine its ranking on the list. Click here to learn more or see the complete list of GoBankingRates Best Credit Unions of 2021.
“We’re honored to make GOBankingRates list of the best banks and credit unions in the country,” said Erin Mendez, president and CEO, Patelco Credit Union. “Our purpose is to make a positive difference in people’s lives and support the financial health and well-being of our members. Recognition from a national website dedicated to personal finance makes us feel extremely proud and motivated to continue to bring the very best products, services and experience to our members.”
About Patelco Credit Union
Dublin, Calif.-based Patelco Credit Union is a not-for-profit credit union committed to serving the financial health and well-being of its membership. With nearly 500,000 members, primarily in and around northern California, Patelco is committed to improving its members’ financial health and well-being by offering personalized solutions, advice, and expertise that empower members to live their best financial lives. Founded in 1936 with $500 in assets by employees of the Pacific Telephone and Telegraph Company, Patelco is in the top one percent of U.S. credit unions with more than $9 billion in assets. For more information, visit https://www.patelco.org/.
GOBankingRates.com is a personal finance news and features website dedicated to helping visitors Live Richer™. From tips on saving money to investing for retirement or finding a good interest rate, GOBankingRates helps turn financial goals into milestones and money dreams into realities. Its content is regularly featured on top-tier media outlets, including MSN, Yahoo!, FOX Business, CNBC, Business Insider, USA Today and dozens of others. GOBankingRates specializes in connecting consumers with the financial institutions and products that best match their needs. Start your journey toward a rich mind and full wallet with us at www.gobankingrates.com.