Dec, 31, 2023 — CALIFORNIA CREDIT UNION is a federally insured state chartered credit union headquartered in GLENDALE, CA with 24 branch locations and about $4.88 billion in total assets. Opened 91 years ago in 1933, CALIFORNIA CREDIT UNION has about 194,824 members and employs 512 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CALIFORNIA CREDIT UNION |
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Address: (Main Office) | 701 N BRAND BLVD GLENDALE, CA 91203-1295 |
Phone: | (800) 334-8788 |
Fax: | |
Website: | https://www.ccu.com |
Branches: | 24 branch locations |
Members: | 194,824 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 60784 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1933 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $4,876,251,434 |
CEO/Manager: | Steven O'Connell |
Chairperson: | Walton Greene |
ASSETS: | $ Amount |
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Cash & Equivalents | 476,911,816 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,159,662,935 |
Unsecured Loans | 100,369,064 |
Other Loans | 711,445,633 |
TOTAL LOANS | 2,971,477,630 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,256,479 |
Land And Building | 94,920,542 |
Other Fixed Assets | 23,258,873 |
NCUSIF Deposit | 34,755,905 |
All Other Assets | 90,225 |
TOTAL ASSETS | 4,876,251,434 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4,652,617 |
Notes & Interest Payable | 260,000,000 |
Accounts Payable & Other Liabilities | 78,684,118 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,280,352,344 |
Regular shares | 1,021,813,765 |
All Other Shares & Deposits | 1,933,009,214 |
TOTAL SHARES & DEPOSITS | 4,235,175,324 |
TOTAL LIABILITIES | 4,578,952,273 |
Regular Reserve | 0 |
Other Reserves | 13,089,597 |
Undivided Earnings | 284,209,564 |
TOTAL EQUITY | 297,299,161 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,876,251,434 |
INCOME & EXPENSE | |
Loan Income | 117,463,753 |
Investment Income | 45,557,676 |
Other Income | 13,682,446 |
Total Employee Compensation & Benefits | 64,740,701 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 62,145,347 |
Non-operating Income & (Expense) | 12,879,331 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,039,401 |
Cost of Funds | 49,782,578 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 19,659,281 |
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