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CALIFORNIA LITHUANIAN CREDIT UNION

Sep, 30, 2021 — CALIFORNIA LITHUANIAN CREDIT UNION is a federally insured state chartered credit union headquartered in Santa Monica, CA with 1 branch location and about $163.45 million in total assets. Opened 53 years ago in 1969, CALIFORNIA LITHUANIAN CREDIT UNION has about 1,866 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
Phone:(310) 828-7095
Fax:(310) 828-0891
Website:http://www.clcu.org
Branches:1 branch locations
Members:1,866
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$163,445,179
CEO/Manager:Dainius Vaidila
Chairperson:Albinas Markevicius

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 61,860,856
TOTAL INVESTMENTS 19,501,154
Loans Held for Sale 0
 
 Real Estate Loans 80,968,695
 Unsecured Loans 45,162
 Other Loans 359,985
 TOTAL LOANS 81,383,567
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -585,997
 Land And Building 0
 Other Fixed Assets 7,767
 NCUSIF Deposit 964,402
 All Other Assets 313,430
  TOTAL ASSETS 163,445,179
LIABILITIES & CAPITAL:  
 Dividends Payable 347,894
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 68,900
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,077,475
 Regular shares 82,441,759
 All Other Shares & Deposits 47,709,260
  TOTAL SHARES & DEPOSITS 139,228,494
  TOTAL LIABILITIES 139,645,288
 Regular Reserve 534,834
 Other Reserves 236,030
 Undivided Earnings 23,029,027
  TOTAL EQUITY 23,799,891
  TOTAL LIABILITIES, SHARES, & EQUITY 163,445,179
INCOME & EXPENSE  
 Loan Income 2,575,487
 Investment Income 246,118
 Other Income 24,320
 Total Employee Compensation & Benefits 505,662
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 249,993
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 892,728
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,207,573
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