$1 Million in Community Giving Surpassed by Pacific Service Credit Union

Business Wire, Oct 29, 2007

WALNUT CREEK, Calif. -- Pacific Service Credit Union announces that it has surpassed $1 million in giving through its Community Involvement Program. Launched in 2001, to give back to the communities it serves, the Credit Union's Community Involvement Program focuses on five major areas designated for charitable giving: children (especially those in at-risk and low-income areas); the American Red Cross; low-income credit unions; financial abuse prevention; and donations to recognize employee volunteer spirit.

"As a good corporate citizen it is our responsibility to do what we can to help in the communities we serve," explained Tom Smigielski, president and CEO of Pacific Service CU. "We don't ask our employees or our members to give. As a business, we take it upon ourselves to do what we can to better the lives of the less fortunate in our communities."

Over the past six years the Credit Union has touched the lives of more than 280,000 individuals through donations to hundreds of organizations, including: Children's Hospital Oakland, Children's Hospital of Central California, Marine Mammal Center, Huckleberry Youth Programs, the American Red Cross, the American Lung Association, the Juvenile Diabetes Research Foundation, YMCA programs, Open Heart Kitchen, Elder Financial Protection Network, Salvation Army, Lindsay Wildlife Museum, and many others.

"As board members, we take active roles in our Community Involvement Program," said Charlie Diaz, Chairman of Pacific Service CU's Board of Directors. "We worked with senior management to establish the program, we look for opportunities to give, and each month we review and approve funding requests. We have accomplished a great deal, but we know that there are still needs to be filled and we look forward to continuing our efforts in the communities we serve."

Along with the Community Involvement Program, the Credit Union has returned more than $14 million in bonus rebates to its members - in 2006, the Credit Union returned nearly $1.4 million to members. In addition, the members of Pacific Service CU continued to enjoy high rates on savings, low rates on loans and the service convenience provided by the addition of new branches. Each year, the Credit Union sets aside funds available for the Community Involvement Program and never asks staff or members to contribute money.

For more information about Pacific Service Credit Union or the Community Involvement Committee, please (888) 858-6878 or visit the Web site at www.pacificservice.org.

About Pacific Service Credit Union

Membership in Pacific Service Credit Union is available to individuals who live or work in any of the following counties: Alameda, Contra Costa, Fresno, Marin, Napa, Placer, Sacramento, San Francisco, San Mateo, Santa Clara, Solano and Sonoma. In addition to PG&E employees, Pacific Service CU serves the employees of more than 30 companies.

Pacific Service CU is headquartered in Walnut Creek, California. With over $1 billion in assets, Pacific Service is among the 150 largest credit unions in the nation. Founded in 1936, the Credit Union currently serves 70,000 members. Pacific Service CU was named second among the 2006 25 Best Small Companies to Work for in America by Great Place to Work([R])Institute and Society for Human Resource Management. For more information about the Credit Union, call (888) 858-6878 or visit the Web site, www.pacificservice.org.