Back in 1953, a small group of San Francisco policemen created The Police Credit Union based on their mutual financial needs and unpaid bills. They wished to avoid the high cost of borrowing money from loan companies and banks, so they formed a committee and opened a credit union in Golden Gate Park. A partition was built and The Police Credit Union went into business in the old horse stables.
In June 2003, we expanded our membership to include other California fire and emergency medical technician agencies based on our common bonds. Today, The Police Credit Union has over 35,000 members and more than $800 million in assets.