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CALIFORNIA LITHUANIAN CREDIT UNION

Dec, 31, 2023 — CALIFORNIA LITHUANIAN CREDIT UNION is a federally insured state chartered credit union headquartered in SANTA MONICA, CA with 1 branch location and about $140.95 million in total assets. Opened 55 years ago in 1969, CALIFORNIA LITHUANIAN CREDIT UNION has about 1,843 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 322282386
Name:CALIFORNIA LITHUANIAN CREDIT UNION
Address:
(Main Office)
2806 Santa Monica Blvd
SANTA MONICA, CA 90404-2410
Phone:(310) 828-7095
Fax:(310) 828-0891
Website:https://www.clcu.org
Branches:1 branch locations
Members:1,843
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:64834
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1969
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$140,951,384
CEO/Manager:Gregory J Brown
Chairperson:Marius Markevicius

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 23,157,302
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 93,001,570
 Unsecured Loans 31,623
 Other Loans 685,034
 TOTAL LOANS 93,718,226
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -600,196
 Land And Building 0
 Other Fixed Assets 956
 NCUSIF Deposit 911,688
 All Other Assets 0
  TOTAL ASSETS 140,951,384
LIABILITIES & CAPITAL:  
 Dividends Payable 1,203,782
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 125,574
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,462,367
 Regular shares 45,454,467
 All Other Shares & Deposits 62,558,299
  TOTAL SHARES & DEPOSITS 111,475,131
  TOTAL LIABILITIES 112,804,487
 Regular Reserve 0
 Other Reserves 770,864
 Undivided Earnings 27,376,033
  TOTAL EQUITY 28,146,897
  TOTAL LIABILITIES, SHARES, & EQUITY 140,951,384
INCOME & EXPENSE  
 Loan Income 3,987,003
 Investment Income 1,827,647
 Other Income 29,635
 Total Employee Compensation & Benefits 748,275
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 397,865
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,116,448
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,588,420
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