California

REGULATING AGENCY: California Department of Financial Protection and Innovation; Office of Credit Unions

California State Capitol

ACCREDITED: 1999

LEAGUE: California Credit Union League

PRIVATE SHARE INSURANCE: YES

STATS: (As of Q4 2021)

Total Number of Credit Unions: 279

  • TOTAL # SCUs: 120
  • TOTAL # FCUs: 159
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 43%

Total Assets: $278,129,044,686

  • TOTAL $ SCU ASSETS: $157,217,583,991
  • TOTAL $ FCU ASSETS: $120,911,460,695
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 57%

Total Members: 13,280,931

  • TOTAL Members SCUs: 7,751,427
  • TOTAL Members FCUs: 5,529,504
  • SCU % OF TOTAL (SCUS/STATE TOAL): 58%

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


RECENT NEWS:

After Leading One CU Upward, Linda White Announces Retirement Plans; Successor Named
Courtesy of CUToday.info

May 2022 — After leading Upward Credit Union for 24 years, President and CEO Linda White has announced plans to retire. The credit union has named a successor. White plans to step down on Sept. 1, with current VP-operations Jason Mertz-Pickett selected to step into the role.

“Over the past 37 years, longer than some of our employees have been alive, I have shepherded Upward Credit Union from $3 million in assets – from being in a damp, leaky office space in a medical building – to the thriving $100 million boutique credit union it is today,” White said.

Upward CU Board Chair Annie Miller noted that during her career White has not just led the credit union but has served on numerous committees with the California Credit Union League, CUNA, CUNA Mutual, the Department of Financial Protection and Innovation (DFPI), and founding board member for the Healthcare Credit Union Association (HCUA). White is also a founding member of the Credit Union Women’s Leadership Alliance, where she will serve as executive director after her post ends at Upward.

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