#168 of 500 · Member & Benefit Funds
The Golden 1 Credit Union
A member-owned, not-for-profit financial cooperative headquartered in Sacramento, California, and one of the largest credit unions in the United States. Founded in 1933, it serves members across California, offering savings and checking accounts, loans, mortgages, credit cards and other financial services, along with community investment and financial-education programs, under a 'people helping people' cooperative philosophy.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $898.1M
- Expenses
- $757.8M
- Total assets
- $21.13B
- Net assets
- $1.54B
- Operating margin
- 15.6%
- 1-year growth
- 42.8%
- 5-year growth (CAGR)
- 14.0%
- Reserve (years of spending)
- 24.3
- Contributions share
- n/a
- Programme spending
- 67.8%
- Fundraising cost
- n/a
- Executive pay share
- 1.61%
- Employees
- 2,695
- Revenue per employee
- $333K
- Grants paid
- n/a
- Years filing
- 6
NFP Health Score: 76 / 100
Financial 63 · Governance 90 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
To deliver exceptional financial services and support that empower our members and communities; Golden 1 is here to help all Californians set and achieve their financial goals.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $532.3M |
| 2020 | $529.0M |
| 2021 | $525.4M |
| 2022 | $629.0M |
| 2023 | $898.1M |