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CALIFORNIA LITHUANIAN CREDIT UNION

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.


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: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

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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