Mar, 31, 2022 — CALIFORNIA LITHUANIAN CREDIT UNION is a federally insured state chartered credit union headquartered in SANTA MONICA, CA with 1 branch location and about $166.41 million in total assets. Opened 53 years ago in 1969, CALIFORNIA LITHUANIAN CREDIT UNION has about 1,861 members and employs 6 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 LITHUANIAN CREDIT UNION |
|---|---|
| Address: (Main Office) | 2806 Santa Monica Blvd SANTA MONICA, CA 90404-2410 |
| Phone: | (310) 828-7095 |
| Fax: | (310) 828-0891 |
| Website: | http://www.clcu.org |
| Branches: | 1 branch locations |
| Members: | 1,861 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $166,411,542 |
| CEO/Manager: | Dainius Vaidila |
| Chairperson: | Juan A Guiga |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 57,400,427 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 84,430,534 |
| Unsecured Loans | 41,514 |
| Other Loans | 402,304 |
| TOTAL LOANS | 84,874,352 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -585,997 |
| Land And Building | 0 |
| Other Fixed Assets | 3,246 |
| NCUSIF Deposit | 1,006,040 |
| All Other Assets | 0 |
| TOTAL ASSETS | 166,411,542 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 225,370 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 302,404 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,769,563 |
| Regular shares | 85,926,500 |
| All Other Shares & Deposits | 46,550,012 |
| TOTAL SHARES & DEPOSITS | 141,246,075 |
| TOTAL LIABILITIES | 141,773,849 |
| Regular Reserve | 0 |
| Other Reserves | 770,863 |
| Undivided Earnings | 23,866,830 |
| TOTAL EQUITY | 24,637,693 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 166,411,542 |
| INCOME & EXPENSE | |
| Loan Income | 828,503 |
| Investment Income | 76,680 |
| Other Income | 6,896 |
| Total Employee Compensation & Benefits | 168,504 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 84,027 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 229,931 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 431,022 |
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