California
BENEFITS OF THE CALIFORNIA STATE CHARTER (Link to DFPI Website)
REGULATING AGENCY: California Department of Financial Protection and Innovation; Office of Credit Unions
- Cloey Hewlett, Commissioner
- Greg Young, Senior Deputy Commissioner, Division of Corporations and Financial Institutions
- Purvi Patel, Deputy Commissioner of Credit Unions
- Website: dfpi.ca.gov/credit-unions
ACCREDITED: 1999
LEAGUE: California Credit Union League
- Scott Simpson, President/CEO
- Website: ccul.org
PRIVATE SHARE INSURANCE: YES
2024 STATS
- Largest SCU: THE GOLDEN 1 CU $19.58B in assets
- Largest FCU: SCHOOLSFIRST FCU $31.08B in assets
Third Quarter 2024 | SCUs | FCUs | Total CUs | % of SCUs/Total |
---|---|---|---|---|
Total Credit Unions | 112 | 142 | 254 | 44.09% |
Credit Union Members | 8.33M | 5.79M | 14.12M | 59.01% |
Credit Union Assets | $164.73B | $129.89B | $294.62B | 55.91% |
FUN FACT
The first movie theater opened in in Los Angeles in 1902. In 1947 Norma Jean was crowned Castroville’s first Artichoke Queen. She would become Marilyn Monroe
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