California Preferred Credit Union :

California Preferred Credit Union was chartered in 1936 and its charter number is 68462. California Preferred Credit Union's address registered with the NCUA is 241 CALIFORNIA STREET SAN FRANCISCO, CA 94111. As of 07/24/06, California Preferred CU reported $52,418,990 in assets. The credit union currently has 3,296 members. It's Manager/CEO is David B. Waterman. The credit unions website is WWW.THEPREFERREDCU.ORG

California Preferred Credit Union is a member of the California Credit Union League.

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California Preferred Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $51,900,499
Total Loans: $32,483,739
Net Worth Ratio: 12.16
% Share Growth: -1.86
% Loan Growth: 31.31
Loans/Assets Ratio: 62.58
Investment/Assets Ratio: 33.92
Number of Members: 3,287
Number of Full-time Employees: 9

 In the year of 2006, California Preferred Credit Union assets increased by 0.07% and its membership decreased by 0.02%. California Preferred CU's membership decreased by a total of 60 members. Assets increased by the amount of $3,764,976. The total loan amounts went from $24,737,489 in 2005 to $32,483,739 in 2006. Their net worth ratio decreased to 12.16. California Preferred CU decreased their job opportunities to 9 by reducing 1 employee.

As of December 31, 2005
Total Assets: $48,135,523
Total Loans: $24,737,489
Net Worth Ratio: 13.33
% Share Growth: 12.57
% Loan Growth: 22.9
Loans/Assets Ratio: 51.39
Investment/Assets Ratio: 45.51
Number of Members: 3,347
Number of Full-time Employees: 10

 In the year of 2005, California Preferred Credit Union assets increased by 0.09% and its membership decreased by 0.06%. California Preferred CU's membership decreased by a total of 197 members. Assets increased by the amount of $4,488,495. The total loan amounts went from $20,126,967 in 2004 to $24,737,489 in 2005. Their net worth ratio decreased slightly to 13.33. California Preferred CU increased their job opportunities to 10 by adding 1 employee.

As of December 31, 2004
Total Assets: $43,647,028
Total Loans: $20,126,967
Net Worth Ratio: 15
% Share Growth: -4.73
% Loan Growth: 10.32
Loans/Assets Ratio: 46.11
Investment/Assets Ratio: 52.48
Number of Members: 3,544
Number of Full-time Employees: 9

  
Recent Credit Union News Headlines:

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Credit Union News:

Man pleads guilty in credit union robbery in city
Williamsport Sun Gazette - Feb 6, 2008
A man has pleaded guilty to taking part in last May’s robbery at the Horizon Federal Credit Union, 1007 E. Third St., court officials said.

Full Story: http://www.sungazette.com/page/content.detail/id/505244.html?nav=5052

Credit union opens new branch but thoughts of guests were with Kevin Dupé after heart attack
Armidale Express - Feb 5, 2008
THE official opening of the New England Credit Union (NECU) branch on Friday didn’t quite go to plan, but the morning still displayed the organisation’s strong commitment to the community.

Full Story: http://armidale.yourguide.com.au/news/local/general/credit-union-opens-new-branch-but-thoughts-of-guests-were-with-kevin-dup-after-heart-attack/1176457.html

Be on alert for scam email from Martinsville Dupont Credit Union
WDBJ 7 Roanoke - Feb 8, 2008
A Henry County resident received a suspicious email Thursday requesting personal banking information from Martinsville Dupont Credit Union. The Henry County Sheriff's Office says the email and website provided are fake, and recipients should not respond to it.

Full Story: http://www.wdbj7.com/Global/story.asp?S=7846898

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