2012-06-28T11:22:36-05:00 2011-12-31 330526284 ALMICH & ASSOCIATES 26463 RANCHO PARKWAY SOUTH LAKE FOREST CA 92630 990 2011-01-01 950951410 CALIFORNIA CREDIT UNION CALI 8182915522 701 NORTH BRAND BLVD 7TH FLOOR GLENDALE CA 91203 ZENA PARSON 8182915522 2012-06-28 1 JAMES A BERMUDEZ P00099878 9496007550 2011 2016-02-24 21:20:13Z RONALD MCDANIEL 701 NORTH BRAND BLVD 7TH FLOOR GLENDALE CA 91203 158850745 0 X WWW.CALIFORNIACU.ORG X 1939 CA STATE CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO MEMBERS. 7 7 307 14 1773367 -229493 0 0 48825937 40156407 3894292 5623575 16311421 16365972 69031650 62145954 10000 10000 0 0 22446666 21004773 0 0 0 51119116 35953663 73575782 56968436 -4544132 5177518 1044937672 1041517517 937231341 937062959 107706331 104454558 CALIFORNIA CREDIT UNION IS A NON-PROFIT MUTUAL BENEFIT FINANCIAL COOPERATIVE SERVING ITS MEMBERS WHO SHARE A COMMON BOND WITH HIGH QUALITY, FRIENDLY, FAIR, AND COURTEOUS SERVICES WHILE MAINTAINING LONG-TERM FINANCIAL STABILITY AND SAFEGUARDING ITS MEMBERS' ASSETS. 0 0 PROVIDED DEPOSIT AND LOAN ACCOUNTS TO 69,057 MEMBERS. 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 114 0 1 307 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X ZENA PARSON VP CONTROLLER 8182915522 701 NORTH BRAND BLVD 7TH FLOOR GLENDALE CA 91203 JAMES FIGUEROA 1.00 X 0 0 0 SCOTT J SVONKIN 1.00 X 0 0 0 WALTON GREEN 1.00 X 0 0 0 MARIO FLORIO 1.00 X 0 0 0 SURVIVA MENDOZA 1.00 X 0 0 0 DR FRANCIS NAKANO 1.00 X 0 0 0 FREDRIC NIGRO 1.00 X 0 0 0 RONALD MCDANIEL 40.00 X 487687 0 28006 DONALD PISTULKA 40.00 X 344910 0 20459 STEPHEN O'CONNEL 40.00 X 292368 0 40254 PATRICK CAREY 40.00 X 272653 0 34298 JOHN BRETTHAUER 40.00 X 242109 0 32263 RONALD STRATMAN 40.00 X 173095 0 30237 STANLEY CADIENTE 40.00 X 167175 0 20473 ROBER O'GRADY 40.00 X 206066 0 18766 JEFFREY BENOUN 40.00 X 117406 0 1985 PATARICK ZARIFIAN 40.00 X 202037 0 17296 WILLIAM BERECZKY 40.00 X 188944 0 14788 NANCY LENIK 40.00 X 180378 0 20298 ZENAIDA PARSON 40.00 X 142805 0 19586 3017633 0 298709 31 0 1 0 ALLEN MATKINS 515 S FIGUEROA STREET LOS ANGELES CA 900713398 LEGAL 1480679 BLUE SHIELD OF CALIFORNIA CASH RECEIVING FILE 55331 LOS ANGELES CA 90074 HEALTH INSURANCE 1343742 FIDELITY NATIONAL INFORMATION SYTEMS PO BOX 18012 ASHBURN VA 20146 DATA PROCESSING 935708 MICRODYNAMICS GROUP 3212 PAYSHERE CIRCLE CHICAGO IL 60674 STATEMENT MAILING 812843 DIEBOLD INC PO BOX 643543 PITTSBURGH PA 15246 ATM EQUPIMENT & MAINTENANCE 537798 46 INTEREST INCOME 522100 40156407 40156407 40156407 633377 633377 2687461 1179625 1507836 1507836 1507836 100515364 95525166 4990198 4990198 4990198 SERVICE FEE INCOME 522100 8387939 8143852 244087 INTERCHANGE FEES 522100 3995807 3995807 LOAN SERVICE FEES 522100 1717693 795063 922630 756697 150047 606650 14858136 62145954 53241176 1773367 7131411 10000 3316342 12870238 1550859 2046435 1220899 1215952 97750 808827 623767 5919747 925868 3689301 200569 40022 4685166 2854991 432427 PROVISION FOR LOAN LOSS 6372457 LOAN SERVICING 2763422 NCUSIF STABILIZATION EX 2259103 MSR AMORTIZATION 1456343 1607951 56968436 5321213 4646015 163448234 207230537 61367 352995 726604716 608352735 876570 734902 56267558 17727695 9874152 38539863 93925232 142448176 7073889 6297893 37752299 32914401 1044937672 1041517517 2341616 2319759 6535362 928354363 934743200 937231341 937062959 X 0 0 0 0 107706331 104454558 107706331 104454558 1044937672 1041517517 X 5177518 -8429291 X 0 1 1 X 0 18750 5000 13750 18750 1 CCUL-PAC 1201 K STREET SUITE 1050 SACRAMENTO CA 95814 952329967 13750 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: POLITICAL CONTRIBUTIONS OF $5,000 GIVEN TO INDIVIDUALS RUNNING FOR OFFICE. POLITICAL CONTRIBUTIONS OF $13,750 TO CCUL-POLITICAL ACTION COMMITTEE WHICH SUPPORTS CREDIT UNION ISSUES. 9264374 9264374 28738668 2492805 26245863 5220983 4398122 822861 12573238 10452563 2120675 470295 384205 86090 38539863 FEDERAL AGENCY SECURITIES 141033280 F MORTGAGE-BACKED AGENCIES 1414896 F 142448176 MEMBERS' SHARES 920177186 OTHER LIABILITIES 14566014 934743200 62145954 56968436 5177518 -59287 -8370004 -8429291 -3251773 60689612 0 60689612 1456343 1456343 62145955 55512093 0 55512093 1456343 1456343 56968436 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FASB ASC 740-10-65, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED "WHEN CHALLENGED" OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEAR ENDED DECEMBER 31, 2011, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. THE CREDIT UNION IS NOT SUBJECT TO EXAMINATION BY FEDERAL TAX AUTHORITIES FOR TAX YEARS BEFORE 2008 AND BY STATE TAX AUTHORITIES FOR TAX YEARS BEFORE 2007. STATE TAXES, IF APPLICABLE, ARE PAID ON INCOME EARNED BY THE CREDIT UNION IN CALIFORNIA. THE CREDIT UNION IS SUBJECT TO AND PAYS ALL STATE AND CITY TAXES ON GOODS AND SERVICES PURCHASED BY THE CREDIT UNION. PART XI, LINE 8 - OTHER ADJUSTMENTS: PENSION PLAN ADJUSTMENTS -8,370,004. PART XII, LINE 4B - OTHER ADJUSTMENTS: MSR AMORTIZATION 1,456,343. PART XIII, LINE 4B - OTHER ADJUSTMENTS: MSR AMORTIZATION 1,456,343. 1 ACADEMIC SCHOLARSHIPS TO CALIFORNIA STUDENTS 10 10000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE CREDIT UNION AWARDS SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE IN THE UNITED STATES. X X 1 1 X X X X X 0 0 0 RONALD MCDANIEL 455577 0 0 0 32110 0 14047 0 13959 0 515693 0 0 0 DONALD PISTULKA 172991 0 0 0 171919 0 13581 0 6878 0 365369 0 0 0 STEPHEN O'CONNEL 282072 0 0 0 10296 0 13703 0 26551 0 332622 0 0 0 PATRICK CAREY 255213 0 0 0 17440 0 14047 0 20251 0 306951 0 0 0 JOHN BRETTHAUER 223871 0 0 0 18238 0 12348 0 19915 0 274372 0 0 0 RONALD STRATMAN 168155 0 0 0 4940 0 10522 0 19715 0 203332 0 0 0 STANLEY CADIENTE 157727 0 0 0 9448 0 9613 0 10860 0 187648 0 0 0 ROBER O'GRADY 162815 0 42203 0 1048 0 11545 0 7221 0 224832 0 0 0 PATARICK ZARIFIAN 128828 0 63030 0 10179 0 4041 0 13255 0 219333 0 0 0 WILLIAM BERECZKY 187021 0 0 0 1923 0 7380 0 7408 0 203732 0 0 0 NANCY LENIK 111437 0 67867 0 1074 0 7215 0 13083 0 200676 0 0 0 ZENAIDA PARSON 140165 0 0 0 2640 0 8852 0 10734 0 162391 0 0 0 PART I, LINE 1A COMPANION TRAVEL IS REPORTED AS NONEMPLOYEE COMPENSATION ON FORM 1099-MISC ISSUED TO THE COMPANION. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION IS A NOT FOR PROFIT ORGANIZATION MADE UP OF MEMBERS. FIELD OF MEMBERSHIP IS LIMITED TO: (A) ANY EMPLOYEE OF ANY PUBLIC OR PRIVATE CALIFORNIA SCHOOL, COMMUNITY COLLEGE, STATE COLLEGE, UNIVERSITY OR THEIR GOVERNING ORGANIZATIONS (DISTRICTS, REGIONS, ETC.), OR ANY MEMBER OF ANY ORGANIZATION AFFILIATED WITH AND RECOGNIZED BY SAID ENTITIES, AND THEIR SUCCESSOR ORGANIZATIONS; OR (8/23/1995) (B) ANY EMPLOYEE OF SAID ENTITIES WHO HAS BEEN RETIRED UNDER THE LOCAL RETIREMENT PLAN OF SAID ENTITIES, STATE TEACHERS RETIREMENT SYSTEM AND/OR PUBLIC EMPLOYEES RETIREMENT SYSTEM (PERS); OR (C) ANY ORGANIZATION OF CURRENT OR FORMER EMPLOYEES, (RETIRED EDUCATIONAL EMPLOYEES ASSOCIATIONS, ETC.) DULY RECOGNIZED BY THE RELEVANT GOVERNING BODY OF THE EDUCATIONAL ENTITIES, AND ANY REGULAR EMPLOYEE OR MEMBER OF SUCH ORGANIZATIONS; OR (D) ANY REGULAR EMPLOYEE OF THE STUDENT BODY ORGANIZATIONS OF SAID ENTITIES; OR (E) ANY SENIOR YEAR STUDENT PURSUING A TEACHING CERTIFICATE IN A CALIFORNIA COLLEGE OR UNIVERSITY; OR (F) ANY REGULAR EMPLOYEE OF THIS CREDIT UNION; OR (G) ANY FACILITIES MANAGEMENT EMPLOYEE, OR SERVICE ORGANIZATION EMPLOYEE, ASSIGNED TO AND WORKING AT AN OFFICE OF THIS CREDIT UNION, OR (H) ANY TENANTS OR EMPLOYEES OF TENANTS WHO WORK IN PREMISES OWNED BY CALIFORNIA CREDIT UNION. (12/15/1999) (I) PERSONS LIVING IN THE SAME HOUSEHOLD FOR A PERIOD OF NOT LESS THAN SIX (6) MONTHS AND FAMILY MEMBERS RELATED BY BLOOD, MARRIAGE OR ADOPTION, OF A QUALIFIED MEMBER, AND THEIR SPOUSES. (4/22/1998) (J) THE SURVIVING PERSONS LIVING IN THE SAME HOUSEHOLD FOR A PERIOD OF NOT LESS THAN SIX (6) MONTHS AND/OR FAMILY MEMBERS RELATED BY BLOOD, MARRIAGE OR ADOPTION, OF A DECEASED QUALIFIED MEMBER, AND THEIR SPOUSES. (4/22/1998) (K) ANY BUSINESS OWNED AND CONTROLLED BY AN EXISTING MEMBER. (12/15/1999) (L) OTHER CREDIT UNIONS ORGANIZED UNDER EITHER STATE OR FEDERAL LAW APPERTAINING TO CREDIT UNIONS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD PROVIDES NOTICE OF VACANCIES AND THE TERMS OF OFFICE OF THE BOARD AND ANY COMMITTEE REQUIRED TO BE ELECTED BY THE MEMBERS THAT WILL BE OPEN FOR ELECTION AT THE ANNUAL MEETING. MEMBERS ELECT ALL MEMBERS OF THE BOARD OF DIRECTORS AND ANY COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11 COMPLETED FORM WAS REVIEWED BY MANAGEMENT AND A COPY WAS PROVIDED TO THE BOARD OF DIRECTORS FOR INFORMATIONAL PURPOSES PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THERE ARE REGULAR COMPLIANCE REVIEWS BY THE CREDIT UNION'S COMPLIANCE OFFICER WHICH ADDRESSES COMPLIANCE WITH ALL CREDIT UNION POLICIES. IN ADDITION, REGULATORS AND CPA'S MONITOR COMPLIANCE DURING THEIR PERIODIC AND ANNUAL AUDITS. FORM 990, PART VI, SECTION B, LINE 15 THE VICE PRESIDENT OF HUMAN RESOURCES CONTRACTS EVERY OTHER YEAR WITH EXTERNAL CONSULTING COMPANY, WATSON WYATT AND COMPANY, WHO PROVIDES MARKET SURVEYS ON COMPENSATION FOR KEY OFFICERS. COMPENSATION COMMITTEE REVIEWS AND APPROVES THE RESULTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO MEMBERS UPON REQUEST BY PROVIDING PAPER OR ELECTRONIC COPIES BY WHICHEVER MEANS REQUESTED. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -59,287. PENSION PLAN ADJUSTMENTS -8,370,004. TOTAL TO FORM 990, PART XI, LINE 5: -8,429,291. FORM 990, PART VIII, LINE 7, STATEMENT OF REVENUE: 7A GROSS AMOUNT FROM SALES OF ASSETS OTHER THAN INVENTORY $100,515,364 7B LESS: COST OR OTHER BASIS & SALES EXPENSES $95,525,166 7C GAIN OR (LOSS) $ 4,990,198