PATELCO CREDIT UNION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: PATELCO CREDIT UNION (EIN 94-0755684)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-08-26
IRS object ID: 201142419349300154
Schema version: 2010v3.4
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-08-26T13:59:52-07:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	940755684	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	PATELCO CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	PATE	NameControl
Phone	8003588228	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5050 Hopyard Road	AddressLine1
City	Pleasanton	City
State	CA	State
ZIP Code	94588	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Scott Waite	Name
Title	SVP/CFO	Title
Phone	9254604605	Phone
Date Signed	2011-08-12	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	X	AddressChange
Name Of Principal Officer Person	Ken Burns	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	5050 Hopyard Road	AddressLine1
City	Pleasanton	City
State	CA	State
ZIP Code	94588	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	188785895	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.patelco.org	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	credit union	TypeOfOrgOtherDescription
Year Formation	1936	YearFormation
State Legal Domicile	CA	StateLegalDomicile
Activity Or Mission Description	The organization is a full service state-chartered credit union that provides a broad range of loan and deposit products and other financial services to its members located throughout the US using various channels including branches, a call center and the Internet.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	11	NbrIndependentVotingMembers
Total Nbr Employees	501	TotalNbrEmployees
Total Nbr Volunteers	17	TotalNbrVolunteers
Total Gross UBI	3698626	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	188350247	ProgramServiceRevenuePriorYear
Program Service Revenue CY	159555261	ProgramServiceRevenueCY
Investment Income Prior Year	35313774	InvestmentIncomePriorYear
Investment Income Current Year	25532008	InvestmentIncomeCurrentYear
Other Revenue Prior Year	2769868	OtherRevenuePriorYear
Other Revenue Current Year	3698626	OtherRevenueCurrentYear
Total Revenue Prior Year	226433889	TotalRevenuePriorYear
Total Revenue Current Year	188785895	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	36985295	SalariesEtcPriorYear
Salaries Etc Current Year	39439399	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	204035460	OtherExpensePriorYear
Other Expenses Current Year	124733046	OtherExpensesCurrentYear
Total Expenses Prior Year	241020755	TotalExpensesPriorYear
Total Expenses Current Year	164172445	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-14586866	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	24613450	RevenuesLessExpensesCY
Total Assets BOY	3711785033	TotalAssetsBOY
Total Assets EOY	3571214395	TotalAssetsEOY
Total Liabilities BOY	3369434058	TotalLiabilitiesBOY
Total Liabilities EOY	3209519826	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	342350975	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	361694569	NetAssetsOrFundBalancesEOY
Mission Description	Patelco Credit Union provided members 1,566 Real Estate loans totalling $473,688,232 in 2010. Patelco Credit Union provided members 57,931 consumer loans totalling $545,024,980 in 2010. Patelco Credit Union offered loans, deposits and other services to 273,667 members in 2010.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	0	Expense
Grants	0	Grants
Revenue	0	Revenue
Description	Patelco Credit Union provided members 1,566 Real Estate Loans totaling $473,688,232 in 2010.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	0	Expense
Grants	0	Grants
Revenue	0	Revenue
Description	Patelco Credit Union provided members 57,931 Consumer loans totaling $545,024,980 in 2010.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	0	Expense
Grants	0	Grants
Revenue	0	Revenue
Description	Patelco Credit Union offered loans, deposits and other services to 273,667 members in 2010	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	0	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	0	TotalOfOtherProgramServiceRev
Total Program Service Expense	0	TotalProgramServiceExpense
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	1	PoliticalActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	1	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	1	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	501	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	11	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	1	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	1	LocalChapters
Policies Reference Chapters	1	PoliciesReferenceChapters
Form990 Provided To Governing Body	0	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Scott Waite Senior VP-CFO	NamePerson
Telephone Number	9254604605	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	5050 Hopyard Road	AddressLine1
City	Pleasanton	City
State	CA	State
ZIP Code	94588	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (35 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
John Rubino
Chairman	5	X	3785	0	0
Peter Hanelt
1st Vice Chairman	5	X	967	0	0
Colleen O'Grady Cabey
Director	5	X	1144	0	0
Garrick Zillgitt
2nd Vice Chairman	5	X	1034	0	0
Race Chen
Director	5	X	1019	0	0
Vickie Rath
Secretary	5	X	1085	0	0
Jesse Rivera
Director	5	X	0	0	0
Tracey Scott
Director	5	X	0	0	0
Jerry Upson
Director	5	X	5144	0	0
Gene Bell
Director-Emeritus	5	X	1159	0	0
Ken Burns
Treasurer/CEO	40	X	516139	0	0	X
Scott Waite
SVP/CFO, CEO Patelcorp	40		259334	0	0	X
Carol Highton
SVP, Chief Operating Officer	40		255489	0	0	X
Barry Kane
SVP Operations	40		228965	0	0		X
Alison Jones
VP Marketing	40		234150	0	0		X
Pansy Fong
VP Finance	40		144171	0	0		X
Scott George
VP Information Systems	5		170976	0	0		X
Lani Apolonio
VP Operations	40		138477	0	0		X
Ed Cassady
VP Human Resources	40		218258	0	0		X
Rebecca Nicolay
VP Consumer Loans	40		171689	0	0		X
Koji Fukumoto
VP Internal Audit	40		173989	0	0		X
Jennifer Ebert
VP Risk Management	40		154561	0	0		X
Ron Felder
SVP Chief Credit Officer	40		256824	0	0		X
Mark Hoaglin
VP Investments and Insurance Services	40		236514	0	0		X
Sandra Scott
VP Card Services	40		135244	0	0		X
Ryan Misasi
VP Sales	40		158196	0	0		X
Corey Schwab
VP Business Loans	40		130180	0	0		X
Anthony Vitale
VP Information Technology	40		128688	0	0		X
Andrew Chunn
Mortgage Lending Field Representative	40		205774	0	0			X
Jane Krueger
Financial Consultant	40		203028	0	0			X
Darryl Hall
Financial Consultant	40		279673	0	0			X
Emmanuel Pablo
Financial Consultant	40		198301	0	0			X
Patricia Vallejo
Home Loan Consultant	40		177065	0	0			X
John Shields
SVP/CTO	40		207881	0	0				X
Joe Kleeman
VP, Real Estate Lending	40		137975	0	0				X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	5136878	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	39	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Interest on Loans to Members	522130	123774874	123774874	$0
Service Charges-Other Income	522130	15079291	15079291	$0
Interchange Income	522130	10191424	10191424	$0
Other Loan Income	522130	2540870	2540870	$0
Other Non Interest Income	522130	7968802	7968802	$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	159555261	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	25532008	TotalRevenueColumn
Related Or Exempt Function Income	25532008	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
ATM Non Member Fees	522130	369020	369020	$0
Insurance Sales Income	522130	479602	479602	$0
CFS Investment Revenue	522130	2850004	2850004	$0

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	3698626	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	188785895	TotalRevenueColumn
Related Or Exempt Function Income	185087269	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	3698626	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	5136878	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	23931995	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	8129446	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	2241080	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	988383	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1892337	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	9570232	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	3323789	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	6866125	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	642814	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	29826451	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1856901	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	9150009	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
Provision for Loan Losses	57667000
Non Operating Income/Expense	-10567811
Loan Servicing Expense	8798403
Association Dues	550588
Dept of Corporations Assessment	317223

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	3850602	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	164172445	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	26199060	BOY
EOY	17201602	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	0	BOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	0	BOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	29192931	BOY
EOY	24743092	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	2253501167	BOY
EOY	1937727266	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	0	BOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	2110262	BOY
EOY	1639696	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	33726738	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	21301288	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	19618509	BOY
EOY	12425450	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	948774340	BOY
EOY	1095764310	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	356901495	BOY
EOY	398992971	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	3026328	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	75487269	BOY
EOY	79693680	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	3711785033	BOY
EOY	3571214395	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	28221603	BOY
EOY	27793173	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3341212455	BOY
EOY	3181726653	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	3369434058	BOY
EOY	3209519826	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	342350975	BOY
EOY	361694569	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	342350975	BOY
EOY	361694569	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	3711785033	BOY
EOY	3571214395	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	24613450	ReconcilationRevenueExpenses
Reconcilation Other Changes	-5269856	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	33800	PoliticalExpenditures
Volunteer Hours	0	VolunteerHours
Amt Expended For527 Activities	0	AmtExpendedFor527Activities
Amt Of Internal Funds Contributed	33800	AmtOfInternalFundsContributed
Total Exmpt Function Expenditures	33800	TotalExmptFunctionExpenditures
Form1120 Pol Filed	1	Form1120PolFiled

Sec527 Pol Orgs Sec527PolOrgs (6 entries)

Address Line1AddressUS/AddressLine1	Address Line2AddressUS/AddressLine2	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Amt Pd From Internal FundsAmtPdFromInternalFunds	Amt Of Contribs Recd DeliveredAmtOfContribsRecdDelivered
CCUL State PAC
1201 K Street	Suite 1050	Sacramento	CA	95814	942329967	19100	0
Capital Region State PAC
1201 K Street	Suite 1050	Sacramento	CA	95814	270005659	6600	0
Bay Area Cooperative PAC
P O Box 193191		San Francisco	CA	94119	743032874	6600	0
Re-Elect Mayor Chuck Reed
1898 The Alameda		San Jose	CA	95126	270848177	500	0
San Francisco Chapter CCUL
P O Box 193191		San Francisco	CA	94119	940357265	500	0
San Francisco Chamber of Commerce
235 Montgomery Street	12th Floor	San Francisco	CA	941043120	943106147	500	0

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	SchC_P1A_S00_L01	Identifier
Return Reference	Schedule C, Part I-A, Line 1	ReturnReference
Explanation	Patelco Credit Union's activities include donations to campaigns and PACs related to those that support credit unions and specific legislation that is important and beneficial to credit unions.	Explanation

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	1491614	OtherCostOrOtherBasis
Book Value	1491614	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	9016155	OtherCostOrOtherBasis
Depreciation	2536673	Depreciation
Book Value	6479482	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	4845220	OtherCostOrOtherBasis
Depreciation	3336004	Depreciation
Book Value	1509216	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	18373749	OtherCostOrOtherBasis
Depreciation	15428611	Depreciation
Book Value	2945138	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	12425450	TotalOfBookValueLandBuildings

Financial Derivatives FinancialDerivatives

Field	Value	IRS element (for citing)
Book Value	0	BookValue

Closely Held Equity Interests CloselyHeldEquityInterests

Field	Value	IRS element (for citing)
Book Value	0	BookValue

Other Securities OtherSecurities (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
CUSO-Other Investments	3948065	C
Banks, Savings and Loans and Credit Unions	400856	C
Corporate Credit Unions	394644050	C

Field	Value	IRS element (for citing)
Total Of Book Value Securities	398992971	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Member Share Deposits	Description
Amount	$3,181,726,653	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	3181726653	TotalOfAmounts
Total Revenue	188785895	TotalRevenue
Total Expenses	164172445	TotalExpenses
Excess Or Deficit For Year	24613450	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-62714	NetUnrealizedGLOnInvestments
Donated Services And Facilities	0	DonatedServicesAndFacilities
Investment Expenses	0	InvestmentExpenses
Prior Period Adjustments	0	PriorPeriodAdjustments
Other	-$3,933,840	OtherAmount
Total Adjustments	-3996554	TotalAdjustments
Excess Or Deficit Per FS	20616896	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	188785895	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	0	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	0	DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants	0	RecoveriesOfPriorYearGrants
Other Revenues	0	OtherRevenues
Revenue Not Rptd F990	0	RevenueNotRptdF990
Revenue Subtotal	188785895	RevenueSubtotal
Investment Expenses Not Included	0	InvestmentExpensesNotIncluded
Other Revenues Not Included	0	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	188785895	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	164172445	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	0	DonatedServicesUseOfFacilities
Prior Year Adjustments	0	PriorYearAdjustments
Losses Reported	0	LossesReported
Other Expenses Included	0	OtherExpensesIncluded
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	164172445	ExpensesSubtotal
Investment Expenses Not Included2	0	InvestmentExpensesNotIncluded2
Other Expenses Not Included	0	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	164172445	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchD_P10_S00_L02	Schedule D, Part X, Line 2	FASB Accounting Standards Codification Topic 740, Income Taxes, provides guidance for how uncertain tax positions should be recognized , measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Credit Union's tax returns to determine whether the tax positions are "more likely than not" of being sustained "when challenged" or "when examined" by the applicable tax authority. Tax positions not deemed to meet the more likely than not threshold would be recorded as a tax expense and liability in the current year. For the years ended December 31, 2010 and December 31, 2009, management has determined that there are no material uncertain tax positions.
SchD_P11_S00_L08	Schedule D, Part XI, Line 8	Part XI, Line 8, the net effect of a reclassification adjustment for unrealized gains ($4,570,492) on investments classified as available for sale included in the overall net gain for the year AND a combination of prior service cost $1,443,198 and a Net Loss of ($806,546) on the defined benefit plan

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (35 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
John Rubino
0	0	0	0	3785	0	0	0	0	0	3785	0	0	0
Peter Hanelt
0	0	0	0	967	0	0	0	0	0	967	0	0	0
Garrick Zillgitt
0	0	0	0	1034	0	0	0	0	0	1034	0	0	0
Vickie Rath
0	0	0	0	1085	0	0	0	0	0	1085	0	0	0
Ken Burns
471250	0	0	0	44889	0	0	0	0	0	516139	0	0	0
Race Chen
0	0	0	0	1019	0	0	0	0	0	1019	0		0
Colleen O'Grady Cabey
0	0	0	0	1144	0	0	0	0	0	1144	0		0
Jesse Rivera
0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tracey Scott
0	0	0	0	0	0	0	0	0	0	0	0	0	0
Jerry Upson
0	0	0	0	5144	0	0	0	0	0	5144	0		0
Gene Bell
0	0	0	0	1159	0	0	0	0	0	1159	0	0	0
Carol Highton
223496	0	0	0	31994	0	6705	0	0	0	262195	0	0	0
Scott Waite
226573	0	0	0	32761	0	6797	0	0	0	266131	0	0	0
Barry Kane
207717	0	0	0	21248	0	6232	0	0	0	235197	0	0	0
John Shields
187393	0	0	0	20488	0	5622	0	0	0	213503	0	0	0
Alison Jones
204725	0	0	0	29425	0	6142	0	0	0	240292	0	0	0
Pansy Fong
131944	0	0	0	12227	0	3958	0	0	0	148129	0	0	0
Scott George
149233	0	0	0	21743	0	4477	0	0	0	175453	0	0	0
Lani Apolonio
133686	0	0	0	4791	0	4011	0	0	0	142488	0	0	0
Ed Cassady
184348	0	8163	0	25746	0	2803	0	0	0	221060	0	0	0
Rebecca Nicolay
159371	0	0	0	12319	0	4781	0	0	0	176471	0	0	0
Koji Fukumoto
141636	0	0	0	32352	0	4249	0	0	0	178237	0	0	0
Jennifer Ebert
142575	0	0	0	11986	0	1835	0	0	0	156396	0	0	0
Ron Felder
225000	0	0	0	31824	0	1406	0	0	0	258230	0	0	0
Mark Hoaglin
110000	0	106771	0	19743	0	2035	0	0	0	238549	0	0	0
Joe Kleeman
116088	0	0	0	21887	0	3483	0	0	0	141458	0	0	0
Sandra Scott
125000	0	0	0	10244	0	156	0	0	0	135400	0	0	0
Ryan Misasi
110167	0	32121	0	15909	0	436	0	0	0	158633	0	0	0
Corey Schwab
124391	0	0	0	5789	0	0	0	0	0	130180	0	0	0
Anthony Vitale
108550	0	0	0	20138	0	3257	0	0	0	131945	0	0	0
Andrew Chunn
35446	0	153929	0	16399	0	5681	0	0	0	211455	0	0	0
Darryl Hall
33600	0	229120	0	16953	0	7881	0	0	0	287554	0	0	0
Jane Krueger
33600	0	163503	0	5925	0	3437	0	0	0	206465	0	0	0
Emmanuel Pablo
33600	0	157489	0	7212	0	5148	0	0	0	203449	0	0	0
Patricia Vallejo
36000	0	123729	0	17336	0	4792	0	0	0	181857	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	SchJ_P01_S00_L01a	Identifier
Return Reference	Schedule J, Part I, Line 1a	ReturnReference
Explanation	Travel for companions benefit-Gene Bell, Director-taxable compensation. Travel for companions benefit-John Rubino, Director-taxable compensation Travel for companions benefit-Jerry Upson, Director-taxable compensation Travel for companions benefit-Colleen O'Grady Cabey, Director-taxable compensation Travel for companions benefit-Peter Hanelt, Director, taxable compensation Travel for companions benefit-Garrick Zillgitt, Director-taxable compensation Travel for companions benefit-Vickie Rath, Director-taxable compensation Travel for companions benefit-Race Chen, Director-taxable compensation	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P04_S00_L06	Form 990, Part IV, Line 6	Section A-Questions 6-7b-Credit union members elect its Board of Directors with varied terms at an annual meeting held each year in April.
F990_P06_S0A_L06	Form 990, Part VI, Section A, Line 6	Patelco Credit Union is a full service state chartered credit union that provides a broad range of loan and deposit products and other financial services to its 273,667 members located throughout the US using various channels including branches, a call center and the internet. Credit union members are represented by electing a Board of Directors with varied terms at an annual meeting held each year in April.
F990_P06_S0A_L07a	Form 990, Part VI, Section A, Line 7a	Patelco Credit Union is a full service state chartered credit union that provides a broad range of loan and deposit products and other financial services to its 273,667 members located throughout the US using various channels including branches, a call center and the internet. Credit union members elect its Board of Directors with varied terms at an annual meeting held each year in April.
F990_P06_S0A_L07b	Form 990, Part VI, Section A, Line 7b	Any proposed change to the credit unions charter such as a merger with another credit union is subject to a vote of the entire membership.
F990_P06_S0B_L11a	Form 990, Part VI, Section B, Line 11a	Form 990 is reviewed by the CFO and staff before filing with the IRS.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	All employees and officials are subject to credit union conflict of interest policies-violations could be subject to disciplinary action. All in-house accounts held with the credit union are subject to internal review and by credit union regulators.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	All management positions have compensation approved by policies and guidelines approved by the Board of Directors.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	The credit union makes its financial statements public by posting them in each of its retail branches. Its annual reports with financial statements are posted on Patelco CUs web site www.patelco.org. Governing documents are available to the membership upon request in writing.
F990_P11_S00_L05	Form 990, Part XI, Line 5	Reconciliation of Net Assets-line 5 Other changes in net assets or fund balances. Patelco's audited financial statements change in Accumulated Other Comprehensive Income: 2009 Year end balance is $7,569,131; 2010 Year end balance is $2,299,273 for a net difference of ($5,269,857).

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivityPrimaryActivity	Legal Domicile StateLegalDomicileState	Direct Controlling Entity NADirectControllingEntityNA	Type Of EntityTypeOfEntity	Percentage OwnershipPercentageOwnership
Patelcorp Service Organization
156 2nd Street	San Francisco	CA	94105	943068709	Insurance and Investments	CA	N/A	C	1
Members Advantage Plus
156 2nd Street	San Francisco	CA	94105	943233988	Auto Buying Service	CA	N/A	C	1

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	1	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	1	SharingOfFacilities
Sharing Of Paid Employees	1	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	1	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	0	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
Patelcorp Service Organization
a-iv	13246	Cost Allocation
Patelcorp Service Organization
n	159029	Actual payroll expenses
Patelcorp Service Organization
p	208281	Actual expenses paid by Patelco-Patelcorp then reimbursed Patelco for that amount.
Members Advantage Plus
p	218394