California

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

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

California State Capitol

  • 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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