Jun, 30, 2023 — CALIFORNIA CREDIT UNION is a federally insured state chartered credit union headquartered in GLENDALE, CA with 24 branch locations and about $4.31 billion in total assets. Opened 90 years ago in 1933, CALIFORNIA CREDIT UNION has about 168,191 members and employs 537 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 |
|---|---|
| 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: | 168,191 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60784 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $4,314,224,418 |
| CEO/Manager: | Steven O'Connell |
| Chairperson: | Walton Greene |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 400,287,752 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,602,922,710 |
| Unsecured Loans | 84,397,049 |
| Other Loans | 657,026,195 |
| TOTAL LOANS | 2,344,345,954 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,069,216 |
| Land And Building | 95,442,549 |
| Other Fixed Assets | 24,404,701 |
| NCUSIF Deposit | 32,852,860 |
| All Other Assets | 126,098 |
| TOTAL ASSETS | 4,314,224,418 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 244,760 |
| Notes & Interest Payable | 125,000,000 |
| Accounts Payable & Other Liabilities | 51,821,889 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,385,854,334 |
| Regular shares | 1,210,474,433 |
| All Other Shares & Deposits | 1,293,302,422 |
| TOTAL SHARES & DEPOSITS | 3,889,631,189 |
| TOTAL LIABILITIES | 4,066,697,838 |
| Regular Reserve | 0 |
| Other Reserves | -24,185,685 |
| Undivided Earnings | 271,712,265 |
| TOTAL EQUITY | 247,526,580 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,314,224,418 |
| INCOME & EXPENSE | |
| Loan Income | 56,825,666 |
| Investment Income | 19,705,741 |
| Other Income | 9,877,705 |
| Total Employee Compensation & Benefits | 47,792,527 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 38,131,065 |
| Non-operating Income & (Expense) | 12,015,657 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 70,892 |
| Cost of Funds | 6,004,247 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 15,792,182 |
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