evaluates the financial condition of institutions and assigns a one- to five-star rating for each with five stars representing the highest rating.
Institutions with satisfactory performance will generally receive a rating of three or more stars.
PATELCO is a Pleasanton, CA-based, NCUA-insured credit union dating back to 1936.
As of December 31, 2017, the credit union had assets of .06 billion.
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In addition, events since the information was collected may have altered the institution's financial condition.
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Overall, Bankrate believes that, as of December 31, 2017, PATELCO exhibited a good condition, earning 4 out of 5 stars for safety and soundness.
Keep reading for an analysis of how the credit union faired on the three major criteria Bankrate used to score American credit unions.
On Bankrate's asset quality test, PATELCO scored 40 out of a possible 40 points, exceeding the national average of 38.09 points.