California
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
- Joni Kimbrell, Chief Examiner for the Office of Credit Unions
- Website: dfpi.ca.gov/credit-unions
ACCREDITED: 1999
LEAGUE: California Credit Union League
- Diana Dykstra, Leagues President/CEO
- Website: ccul.org
PRIVATE SHARE INSURANCE: YES
2023 STATS
- Largest SCU: THE GOLDEN 1 CU $21.13B in assets
- Largest FCU: SCHOOLSFIRST FCU $29.22B in assets
| Fourth Quarter 2023 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 113 | 147 | 260 | 43.46% |
| Credit Union Members | 8.18M | 5.56M | 13.73M | 59.53% |
| Credit Union Assets | $169.02B | $125.3B | $294.32B | 57.43% |
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
California Department of Financial Protection and Innovation
Mandatory DFPI Filing Beginning Jan. 1, 2024, for Digital Financial Asset Transaction Kiosk Operators
Jan. 5, 2024 — Effective January 1, 2024, Senate Bill 401 (which, alongside AB 39, constitutes the “Digital Financial Assets Law”) requires a digital financial asset transaction kiosk operator to provide the Department of Financial Protection and Innovation with a list of all locations of kiosks that the operator owns, operates, or manages in California.
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