California

BENEFITS OF THE CALIFORNIA STATE CHARTER (Link to DFPI Website)

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

  • KC Mohseni, 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’s Credit Unions

  • Jeremy Empol, President/CEO
  • Website: ccul.org

PRIVATE SHARE INSURANCE: YES


2025 STATS 
  • Largest SCU: THE GOLDEN 1 CU $21.46B in assets
  • Largest FCU: SCHOOLSFIRST FCU $35.38B in assets
Fourth Quarter 2025 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 101 143 244 41.39%
Credit Union Members 7.58M 7.97M 15.55M 48.75%
Credit Union Assets $151B $166B $317B 47.68%

FUN FACT

The first movie theater opened 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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