2011-08-12T10:44:00-05:00 2010-12-31 990 2010-01-01 941484851 CREDIT UNIONS IN THE STATE OF CALIFORNIA SIERRA CENTRAL CREDIT UNION CRED 8002227228 820 PLAZA WAY YUBA CITY CA 95991 JOHN CASSIDY 8002227228 2011-08-10 2010 2016-02-24 21:20:13Z CREDIT UNIONS IN THE STATE OF CALIFORNIA JOHN CASSIDY 820 PLAZA WAY YUBA CITY CA 95991 39463529 false X WWW.SIERRACENTRAL.COM X 1955 CA PROVIDE FINANCIAL SERVICES TO MEMBEROWNERS 7 7 240 0 0 31366791 28219514 606746 694701 8565855 8486057 40539392 37400272 10000 10000 0 8674257 7899060 0 0 39546908 25848897 48231165 33757957 -7691773 3642315 634433640 593723986 587506953 543154984 46926687 50569002 AS YOUR FINANCIAL INSTITUTION WE PLEDGE TO SERVE YOU AND OUR COMMUNITY FAITHFULLY WE WILL BE FRIENDLY HELPFUL AND PROFESSIONAL. WE WILL PROVIDE GREAT PRODUCTS AND COMPETITIVE RATES. false false 522130 33757957 37400272 PROVIDE FINANCIAL SERVICES TO MEMBEROWNERS. PROVIDE SAVINGS AND LOAN ACCOUNTS TO 60878 MEMBERS. 33757957 false false true false false false true false true false false false true true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false true 15348 0 true 240 true false false false false false false false X 7 7 false false false false true true true true true false true true false true false false true true true false false false CA X STEPHANIE DICKINSON 5306713009 820 PLAZA WAY YUBA CITY CA 95991 RON BARTOLI 2 X 0 0 0 DAVID MACKOWIAK 2 X 0 0 0 DIANE MYERS 2 X 0 0 0 DOUGLAS SLOAN 2 X 0 0 0 THOMAS BELZA 2 X 0 0 0 JAMES KENNEDY 2 X 0 0 0 DAN OSTRANDER 2 X 0 0 0 BALDEV JOHAL 1 X 0 0 0 DALE HALL 1 X 0 0 0 DEVIN BARBER 1 X 0 0 0 DAN MIERZWA 1 X 0 0 0 JOHN CASSIDY 40 X X X 266802 0 0 RON SWEENEY 40 X X X 230930 0 0 STEPHANIE DICKINSON 40 X X 97089 0 0 STEVE HENDERSON 40 X 132685 0 0 DAVID KELSAY 40 X 125682 0 0 853188 4 false true false ANTHEM BLUE CROSS MEDICAL INSURANCE 969710 INFOIMAGE STATEMENT PROCESSING 455684 FISERV IT SERVICES 339271 EXPERIAN CREDIT SCORING 243549 DIEBOLD ITATM SERVICES 189071 LOAN INTEREST INCOME 522130 28219514 28219514 28219514 573458 573458 2184500 2063257 121243 121243 121243 FEE INCOME 522130 8003156 8003156 OTHER INCOME 522130 478165 478165 4736 4736 8486057 37400272 37400272 0 0 10000 645248 5659014 220007 813821 560970 229709 161000 19200 160716 2224712 549968 1274913 78509 10737 3704 1163241 161906 PROVISION FOR LOAN LOSS 10163855 DIVIDENDS 5178566 NCUA PREMIUM EXPENSE 1999410 PLASTIC CARDS OPERATIONS 1412679 LOAN SERVICING 467046 589026 33757957 0 0 0 11341193 10902792 137368648 157167416 232172 229307 459032337 401289383 451848 499522 29343015 14494399 15704043 14848616 520100 520000 25833 9757466 8266950 634433640 593723986 4399331 4638895 266257 255331 582841365 538260758 587506953 543154984 46926687 50569002 46926687 50569002 634433640 593723986 3642315 X false true true X false false 4750 0 4750 4750 CA CREDIT UNION LEAGUE 1201 K ST SACRAMENTO CA 95814 4250 TED GAINES FOR ASSEMBLY PO BOX 984 WILLOWS CA 95988 500 PART I-A CONTRIBUTED FINANCIALLY TO THE CALIFORNIA CREDIT UNION LEAGUE'S POLITICAL ACTION COMMITTEE CONTRIBUTED FINANCIALLY TO A CANDIDATE RUNNING FOR STATE ASSEMBLY. false true 6692303 6692303 11009283 4165206 6844077 1444191 1030346 413845 10197239 9298848 898391 14848616 CO-OP STOCK 20000 C CUDL STOCK 500000 C 520000 ACCRUED INCOME 1651767 NCUA SHARE INSURANCE FUND 5370946 OTHER ASSETS 1244237 8266950 88448 OTHER TAXES 24320 UNAPPLIED DATA PROCESSING 775005 MEMBER SHARES 537372985 538172310 37400272 33757957 3642315 3642315 37400272 37400272 37400272 33757957 33757957 33757957 PART IV 2.B. THE CREDIT UNION MAINTAINS MORTGAGE LOAN ESCROW ACCOUNTS FOR MEMBERS. FUNDS ARE DEPOSITED IN EACH MEMBER'S INDIVIDUAL ESCROW ACCOUNT WHEN THE MONTHLY MORTGAGE PAYMENT IS MADE. THE CREDIT UNION PAYS THE MEMBER'S PROPERTY TAXES ANDOR INSURANCE OUT OF THESE ACCOUNTS ON BEHALF OF THE MEMBER. PART X FASB ASC TOPIC 740 INCOME TAXES PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOUD 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 RETURN TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE 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. AS OF AND FOR THE YEARS ENDED DECEMBER 31 2010 AND 2009 MANAGEMENT HAS DETERMINED THAT THERE ARE NOT MATERIAL UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. true SCHOLARSHIP 10 10000 X true true X X X false true false false false false false false false JOHN CASSIDY 247000 21224 16413 284637 284387 RON SWEENEY 223545 17328 14608 255481 279446 STEPHANIE DICKINSON 104971 159 105130 DAVID KELSAY 109624 17479 127103 124210 STEVE HENDERSON 123290 16937 140227 137727 PART VI 6. ALL INDIVIDUALS THAT HAVE AN ACCOUNT WITH THE CREDIT UNION ARE MEMBERS. THE MEMBERS ELECT THE GOVERNING BODY. ALL MEMBERS HAVE THE SAME VOTING RIGHTS. 7.A. SEE 6 7.B. CHANGES TO OUR CHARTER OR MEMBERSHIP EXPULSION MUST BE APPROVDE BY THE MEMBERSHIP. ALL MEMBERS HAVE THE SAME VOTING RIGHTS. 11.A. CURRENYLY THERE IS NO PROCESS BY WHICH THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS. 15.A. THE BOARD OF DIRECTORS CONTRACT WITH AN EXTERNAL CONSULTING COMPANY TO PROVIDE COMPARABLE COMPENSATION DATA FOR LIKE POSITIONS. AFTER DISCUSSION AMONGST BOARD MEMBERS (CONDUCTED IN CLOSED SESSIONS FORMAT) THE COMPENSATION PACKAGE IN CONJUNCTION WITH THE EMPLOYEE CONTRACT WAS PRESENTED TO AND ACCEPTED BY THE CEO IN 2007. 19. THE FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF EACH BRANCH. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.