PREMIER AMERICA CREDIT UNION
19867 PRAIRIE STREET, CHATSWORTH, CA 91311 www.premieramerica.com

Total Revenue
$116,675,456
Total Expenses
$97,229,006
Net Assets
$297,294,096

Organizations Filed Purposes: A COOPERATIVE ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONGST ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, PREMIER AMERICA CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

A COOPERATIVE ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONGST ITS MEMBERS.

THE CREDIT UNION ENCOURAGED AND PROMOTED SAVINGS AND ACQUIRED 14,115 NEW MEMBERS IN 2019. TOTAL MEMBERSHIP STOOD AT 116,238 AS OF DECEMBER 31, 2019 WHILE DEPOSIT BALANCES GREW BY $139 MILLION COMPARED TO THE PREVIOUS YEAR, AND THE ORGANIZATION CONTINUED TO PAY MEMBERS FAVORABLE DIVIDEND RATES ON THEIR SAVINGS.

THE CREDIT UNION MET MORTGAGE NEEDS OF FIRST TIME HOME BUYERS AND REFINANCING NEEDS OF EXISTING HOMEOWNERS, ALLOWING THEM TO TAKE ADVANTAGE OF LOWER INTEREST RATES. LOWER INTEREST RATES WERE MADE POSSIBLE BY BEING A FNMA MORTGAGE LOAN SELLER AND SERVICER. DURING THE YEAR, THE ORGANIZATION GRANTED 570 REAL ESTATE LOANS AND HOME EQUITY LINES OF CREDIT TOTALING $445 MILLION TO ITS MEMBERS.

THE CREDIT UNION'S CORE VALUES AND PURPOSE DRIVE OUR COMMITMENT TO SERVING MEMBERS AND LOCAL COMMUNITIES. IN 2019, OUR DEDICATION TO GIVING BACK WAS OF PARAMOUNT IMPORTANCE AS PREMIER AMERICA DONATED $92,680 TO LOCAL CHARITIES AND COMMUNITY ORGANIZATIONS AND TEAM MEMBERS INVESTED 580 HOURS OF SERVICE TO NON-PROFIT ORGANIZATIONS. PREMIER AMERICA IS FOCUSED ON PROVIDING SAFE, RESPONSIBLE AND AFFORDABLE FINANCIAL SERVICES TO HELP MEMBERS REACH THEIR DREAMS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Marjorie Mcnaught Senior VpLOAN ADMINISTRATOR40$3,829,573
Toni Daniels Senior VpCHIEF ADMINISTRATIVE OFFICER40$1,162,166
Rodolfo PereiraPRESIDENT & CEO40$931,315
W Brad CunninghamSENIOR VP, CFO40$391,346
Kelly KarrenFINANCIAL ADVISOR40$246,061
Jason Derek LeeFINANCIAL ADVISOR40$220,676
Janakiramana YandapalliSENIOR VP, CHIEF TECHNOLOGY OFFICER40$204,247
Ernesto Norona Senior VpCHIEF LOAN OFFICER40$203,150
Monte BennettREGIONAL MARKETING REP40$195,056
Marci GirardiSENIOR VP, CHIEF EXPERIENCE OFFICER40$180,923
Linsey FerroREGIONAL MARKETING REP40$176,741
James RitterVP, COMMERCIAL LOAN RELATIONSHIPS40$166,628
Larry MartinDIRECTOR1$0
Roger LubigDIRECTOR (THRU JULY 19)1$0
Joann KlonowskiDIRECTOR1$0
Eric GoldnerDIRECTOR1$0
John De Vere JrDIRECTOR1$0
Larry ColsonDIRECTOR1$0
Kurt FordSECRETARY/TREASURER1$0
Gary HolmenVICE CHAIR1$0
William ColeCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033299349301208_public.xml