The $3.5 billion credit union has moved its corporateheadquarters from an early-1900s brick building on Second Street inSan Francisco to one of the new, modern structures in Pleasantonthat was initially built to house the influx of high-tech companiesinto the area prior to the economic downturn.
|With some 40% of its California members residing in the East Bayarea, the move is a timely one.
|“It’s important that we commit our resources, volunteeractivities, and even employment opportunities to the communitieswhere our members live,” said Patelco Chief Operating Officer CarolHighton. “As a nonprofit banking institution, our focus hasand always will be on the members we serve, and that includesmaking solid contributions to their communities. It’s justanother–and very important–way of defining what we mean when we saywe believe in ‘community’ banking.”
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