Dec, 31, 2023 — CALIFORNIA COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in SACRAMENTO, CA with 4 branch locations and about $77.71 million in total assets. Opened 85 years ago in 1939, CALIFORNIA COMMUNITY CREDIT UNION has about 4,375 members and employs 15 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 COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 8815 Folsom Blvd SACRAMENTO, CA 95826 |
| Phone: | (916) 386-1418 |
| Fax: | (916) 386-0634 |
| Website: | https://www.caccu.org |
| Branches: | 4 branch locations |
| Members: | 4,375 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68321 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Oct 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $77,706,422 |
| CEO/Manager: | Marcy Cole-King |
| Chairperson: | Norval Chan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 16,671,529 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,828,102 |
| Unsecured Loans | 2,338,320 |
| Other Loans | 17,521,542 |
| TOTAL LOANS | 29,687,964 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -202,113 |
| Land And Building | 588,913 |
| Other Fixed Assets | 569,955 |
| NCUSIF Deposit | 713,426 |
| All Other Assets | 0 |
| TOTAL ASSETS | 77,706,422 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 104 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,041,228 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 16,018,403 |
| Regular shares | 32,044,845 |
| All Other Shares & Deposits | 19,379,966 |
| TOTAL SHARES & DEPOSITS | 67,443,214 |
| TOTAL LIABILITIES | 68,484,546 |
| Regular Reserve | 0 |
| Other Reserves | 19,718 |
| Undivided Earnings | 9,202,158 |
| TOTAL EQUITY | 9,221,876 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 77,706,422 |
| INCOME & EXPENSE | |
| Loan Income | 1,290,475 |
| Investment Income | 1,337,717 |
| Other Income | 238,210 |
| Total Employee Compensation & Benefits | 1,077,375 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,033,662 |
| Non-operating Income & (Expense) | 37,200 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 166,642 |
| Cost of Funds | 234,212 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 487,745 |
| ↑ Back to Top | |