Who We Are
Dedication to the financial needs and concerns of our member-owners is the cornerstone of Premier America's purpose. Premier America is a full-service financial institution. We offer competitive rates, and our state-of-the-art banking services assure convenient, 24-hour access from anywhere in the country.
Established in 1957 as Litton Employees Federal Credit Union, Premier America Credit Union today is one of the strongest credit unions in the nation, with over $1.5 billion in assets and approximately 74,000 members nationwide.
The Credit Union Difference
What makes a credit union different from a bank or savings & loan? Since there are no outside stockholders, profits are returned to member-owners in the form of higher yields on savings, lower rates on loans, low- or no-fee services, and high reserves for safety.
A credit union is a cooperative financial institution, owned and controlled by the people who use its services. These people are members. Credit unions serve groups that share something in common, such as where they work, live, go to school or church. Credit unions are not-for-profit, and exist to provide a safe, convenient place for members to save money and to get loans at reasonable rates.
Credit unions, like other financial institutions, are closely regulated. And they operate in a very prudent manner. The National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration, an agency of the federal government, insures deposits of credit union members at more than 9,000 federal and state-chartered credit unions nationwide. Deposits and IRA accounts are insured up to $250,000. There are provisions that allow for additional coverage. Click here for Insurance on Accounts details.
Advancing the Future of Credit Unions
Your choice is our cause. Be a part of it. Shouldn't you decide where you go for financial services?
Connect for the Cause empowers you to:
- Be informed about legislation that affects your credit union
- Express your support of credit unions directly to legislators
- Make a difference in the fight for consumer choice
This issue affects you the most, and we want to help you get involved. Please visit www.connectforthecause.org and register today to help us ensure that you always have a choice.