Jun, 30, 2024 — ARROWHEAD CENTRAL CREDIT UNION is a federally insured state chartered credit union headquartered in RANCHO CUCAMONGA, CA with 20 branch locations and about $2.31 billion in total assets. Opened 75 years ago in 1949, ARROWHEAD CENTRAL CREDIT UNION has about 184,352 members and employs 456 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ARROWHEAD CENTRAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 8686 Haven Ave RANCHO CUCAMONGA, CA 91730-9109 |
| Phone: | (909) 379-6500 |
| Fax: | (909) 379-6277 |
| Website: | https://www.arrowheadcu.org |
| Branches: | 20 branch locations |
| Members: | 184,352 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60700 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,312,632,426 |
| CEO/Manager: | Darin Woinarowicz |
| Chairperson: | Tom Potter |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 360,856,871 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 151,226,369 |
| Unsecured Loans | 116,628,818 |
| Other Loans | 568,814,070 |
| TOTAL LOANS | 836,669,257 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,192,536 |
| Land And Building | 17,624,872 |
| Other Fixed Assets | 5,837,526 |
| NCUSIF Deposit | 19,386,403 |
| All Other Assets | 150,408 |
| TOTAL ASSETS | 2,312,632,426 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 33,458,647 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 699,448,183 |
| Regular shares | 993,085,858 |
| All Other Shares & Deposits | 403,798,816 |
| TOTAL SHARES & DEPOSITS | 2,096,332,857 |
| TOTAL LIABILITIES | 2,129,791,504 |
| Regular Reserve | 0 |
| Other Reserves | -63,420,829 |
| Undivided Earnings | 246,261,751 |
| TOTAL EQUITY | 182,840,922 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,312,632,426 |
| INCOME & EXPENSE | |
| Loan Income | 27,184,312 |
| Investment Income | 7,702,081 |
| Other Income | 9,947,998 |
| Total Employee Compensation & Benefits | 26,818,753 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 26,273,080 |
| Non-operating Income & (Expense) | 11,447,060 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 29,000 |
| Cost of Funds | 2,297,484 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 21,270,064 |
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