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:

Cloey Hewlett is Commissioner at the Department of Financial Protection and Innovation. She was appointed by Gov. Gavin Newsom in September 2021 and was sworn in on December 6, 2021. Commissioner Hewlett has dedicated her career to protecting California consumers, serving as Undersecretary of the State and Consumer Services Agency and Interim Director of the Department of General Services. She has worked as Director of Moral Character Determinations for the State Bar of California, and as a partner with national and global law firms. Before her appointment, Commissioner Hewlett was the Executive Director and Chief Legal Officer for the Cal Alumni Association, where she was responsible for overseeing an organization that serves more than 550,000 alumni of the University of California, Berkeley.

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