2024-11-01T15:36:22-05:00 2023-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2023-01-01 951818041 CREDIT UNION OF SOUTHERN CALIFORNIA CRED 5626988326 8101 EAST KAISER BLVD 300 ANAHEIM CA 92808 KATSU DURST CFO 5626988326 2024-11-01 1 1 VALENTINO CREUS CPA P01054153 8189549700 2023 2024-10-15 13:58:12Z DAVE GUNDERSON 8101 EAST KAISER BLVD 300 ANAHEIM CA 92808 180062753 0 X WWW.CUSOCAL.ORG X CREDIT UNION 1954 CA A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. 9 9 407 16 12659569 0 0 0 100530016 126836683 19526275 49176356 153914 3467353 120210205 179480392 532973 440481 0 0 39318895 44261252 0 0 0 54447192 106565563 94299060 151267296 25911145 28213096 2582085802 2958463252 2477074891 2799491297 105010911 158971955 X A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, CREDIT UNION OF SOUTHERN CALIFORNIACONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICESOF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. 0 0 ACHIEVED MEMBER SATISFACTION BY PAYING COMPETITIVE DIVIDENDS ON MEMBER SAVINGS ACCOUNTS. ACHIEVEMENT OF SATISFACTORY SERVICES PROVIDED TO MEMBERS IN CONNECTION WITH THE GRANTING OF FIRST AND SECOND TRUST DEED REAL ESTATE LOANS. ACHIEVEMENT OF SATISFACTORY SERVICES PROVIDED TO MEMBERS IN CONNECTION WITH MANAGING THEIR FINANCES INCLUDING CHECKING ACCOUNTS, DEBIT, CREDIT AND ATM CARDS, HOME BANKING AND BILL PAYMENT SERVICES, AND OVERDRAFT PROTECTION AND PAYMENT. 0 0 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 38033 0 1 407 1 1 1 0 0 0 0 0 0 0 1 0 X 9 9 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X X KATSU DURST CFO 5626988326 8101 EAST KAISER BLVD 300 ANAHEIM CA 92808 CHRIS GEORGE CHAIRPERSON 1.00 X 0 0 0 ELIZABETH CAMP VICE CHAIRPERSON 1.00 X 680 0 0 JOHN ROSENBERGER TREASURER 1.00 X 1555 0 0 CHRIS STONE SECRETARY 1.00 X 2301 0 0 ROBYN BJORKLUND FORMER CHAIRPERSON 1.00 X 0 0 0 PAUL MOORE DIRECTOR 1.00 X 876 0 0 DAWNNA LAWRENCE DIRECTOR 1.00 X 1418 0 0 GIL RODRIGUEZ DIRECTOR 1.00 X 1040 0 0 CONNIE ZAPPONE DIRECTOR 1.00 X 1062 0 0 DONA MOSELEY CORPORATE ADVISORY BOARD MEMBER 1.00 X 789 0 0 STEPHANIE CUEVAS CORPORATE ADVISORY BOARD MEMBER 1.00 X 2086 0 0 BOB TOOHEY SUPV CMTE CHAIRPERSON 1.00 X 0 0 0 DAVE YAMASHITA SUPV CMTE MEMBER 1.00 X 1363 0 0 JUDY MILLER SUPV CMTE MEMBER 1.00 X 1353 0 0 GREG KELLEY SUPV CMTE MEMBER 1.00 X 0 0 0 ROSIE ROBINSON CORPORATE ADVISORY SUPV CMTE MEMBER 1.00 X 760 0 0 DAVE GUNDERSON PRESIDENT/CEO 40.00 X 1547117 0 41635 KATSU DURST CFO 40.00 X 525706 0 11200 KENNETH DOWNS FORMER CIO 40.00 X 556972 0 26966 SUZANNE KISSLAN COO 40.00 X 556823 0 18619 ALISSA GUERRERO CAO 40.00 X 490091 0 34762 MICHELLE HUNTER CCXO 40.00 X 395970 0 39548 SEVAN YAKINIAN CTO 40.00 X 275175 0 9422 PETER PUTNAM SVP, TREASURY 40.00 X 381989 0 23796 AARON YOUNG SVP, BRANCH OPS/RETAIL BANKING 40.00 X 268315 0 21993 KATIE MARIE SMITH SVP, HUMAN RESOURCES 40.00 X 258808 0 5857 DAREN LINHARES SVP, LENDING 40.00 X 256849 0 13776 MICHAEL CRUZ SVP, RISK MANAGEMENT 40.00 X 228119 0 15514 ERIC DAY SVP, BOARD ADVOCACY & STRATEGIC INITIATIVE 40.00 X 166451 0 1300 MICHAEL GENNAWEY PRODUCING PROGRAM MANAGER 40.00 X 400921 0 26665 RYAN GALLO PRODUCING PROGRAM MANAGER 40.00 X 360612 0 33487 SUSAN CONJURSKI VP STRATEGIC INITIATIVES 40.00 X 305775 0 19808 PAUL JARIABEK VP ENGINEERING & CISO 40.00 X 280729 0 30554 PATRICIA HOLCOMB VP INFORMATION TECHNOLOGY 40.00 X 255399 0 14235 7527104 0 389137 85 1 1 0 STYSKAL WIESE& MELCHIONE LLP 550 NORTH BRAND BLVD STE 550 GLENDALE CA 91203 ATTORNEY SERVICES 253264 TTEC DIGITAL LLC 3500 AMERICAN BLVD WEST STE 300 BLOOMINGTON MN 55431 CONSULTING SERVICES 169280 RAPID7 PO BOX 347377 PITTSBURG PA 15251 CYBERSECURITY SERVICES 120457 3 INTEREST ON LOANS 522100 84185548 84185548 OTHER OPERATING INCOME 522100 28283640 27677858 605782 FEE INCOME 522100 14367495 13743162 624333 126836683 46863635 35434181 11429454 2854896 40186 557208 25153 2297688 15033 2312721 2312721 GAIN FROM MERGER 522100 3304953 3304953 GAIN ON SALE OF LOANS 522100 162400 162400 3467353 179480392 166820823 12659569 0 440481 7527104 29527020 1049732 3582039 2575357 307127 208131 161897 11211547 2154446 5227088 4015651 4329225 971140 49691884 3553163 LOAN SERVICING EXPENSE 7324095 CREDIT LOSS EXPENSE 6454086 PROVISION FOR LOAN AND 5403857 MISC OPERATING FEES 5259133 293093 151267296 15561334 14495736 181054307 318101113 32122652 41409598 2661468 3299972 59877754 39100759 23326501 20776995 740145367 838744038 1533959124 1655637198 3277437 2802987 49977612 63195615 2582085802 2958463252 36027307 46070615 2441047584 2753420682 2477074891 2799491297 X 0 0 0 0 105010911 158971955 105010911 158971955 2582085802 2958463252 X 28213096 24441638 1306310 X X 0 1 X 1 0 24274 24274 24274 1 CONSUMERS FOR TOM UMBERG 249 E OCEAN BLVD SUITE 670 LONG BEACH CA 90802 5500 COTTIE PETRIE-NORRIS FOR ASSEMBLY 1100 O STREET SUITE 200 SACRAMENTO CA 95814 1000 PHILLIP CHEN FOR ASSEMBLY 921 11TH STREET SUITE 701 SACRAMENTO CA 95814 1000 BLANCA RUBIO FOR ASSEMBLY 921 11TH STREET SUITE 904 SACRAMENTO CA 95814 500 SABRINA CERVANTES FOR SENATE 1100 O STREET SUITE 200 SACRAMENTO CA 95814 250 CALIFORNIA CREDIT UNION LEAGUE PAC 2855 E GUASTI ROAD SUITE 202 ONTARIO CA 91761 16024 PART I-A, LINE 1: THE CREDIT UNION CONTRIBUTES TO INDIVIDUALS RUNNING FOR OFFICES WHO SUPPORT CREDIT UNION ISSUES. THE CREDIT UNION WAS UNABLE TO OBTAIN AN EIN FOR FOLLOWING INDIVIDUAL RUNNING FOR STATE OFFICE IN 2023. FOLLOWING IS THE NAME, ADDRESS AND FPPC# OF THE CAMPAIGN. TOM UMBERG 249 E. OCEAN BLVD., SUITE 670 LONG BEACH, CA 90802 ID# 1235879 THE CREDIT UNION WAS UNABLE TO OBTAIN AN EIN FOR FOLLOWING INDIVIDUALS RUNNING FOR STATE ASSEMBLY IN 2024. FOLLOWING ARE THE NAMES, ADDRESSES AND FPPC# OF THE CAMPAIGNS. COTTIE PETRIE-NORRIS 1100 O STREET, SUITE 200 SACRAMENTO, CA 95814 ID#1456502 PHILIP CHEN 921 11TH STREET, SUITE 701 SACRAMENTO, CA 95814 ID#1447996 BLANCA RUBIO 921 11TH STREET, SUITE 904 SACRAMENTO, CA 95814 ID#1456604 THE CREDIT UNION WAS UNABLE TO OBTAIN AN EIN FOR FOLLOWING INDIVIDUAL RUNNING FOR STATE SENATE IN 2024. FOLLOWING IS THE NAME, ADDRESS AND FPPC# OF THE CAMPAIGN. SARBINA CERVANTES 1100 O STREET, SUITE 200 SACRAMENTO, CA 95814 ID#1456953 4779295 4779295 20000886 9036511 10964375 8543632 6779274 1764358 26553941 23284974 3268967 20776995 ALL OTHER INVESTMENTS 15000000 C NET LOANS & LEASES 1609708793 C NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT 22932762 C DEPOSITS IN COMMERCIAL BANKS 7754888 C PAID-IN CAPITAL 240755 C 1655637198 TOTAL SHARES AND DEPOSITS 2328415304 DRAWS AGAINST LINES OF CREDIT 425000000 RESERVE FOR UNFUNDED COMMITMENTS 5378 2753420682 X PART X, LINE 2: FASB ASC 740-10-65, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS DEEMED TO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD SHOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. AS OF JUNE 30, 2023, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. 1 SOUTHERN CALIFORNIA HELPING HANDS PO BOX 200 WHITTIER CA 90608 562401627 501(C)(3) 57580 0 FMV PROVIDE SUPPORT TO THE POOR AND FAMILIES IN NEED. SHELTER'S RIGHT HAND PO BOX 9304 WHITTIER CA 90608 953738316 501(C)(3) 5500 0 FMV PROVIDES FINANCIAL ASSISTANCE & VOLUNTEERS FOR WOMEN & CHILDREN WHO HAVE BEEN VICTIMS OF DOMESTIC VIOLENCE. WHITTIER HOST LIONS CLUB PO BOX 245 WHITTIER CA 90608 954583564 501(C)(3) 25500 0 FMV THE CLUB'S MISSION IS TO CARE FOR THE YOUTH, THE HEARING IMPAIRED, AND OTHERS IN NEED IN THE GREATER WHITTIER AREA. SOROPTIMIST INTERNATIONAL OF WHITTIER PO BOX 468 WHITTIER CA 90608 950112002 501(C)(3) 25000 0 FMV TO IMPROVE THE LIVES OF WOMEN AND GIRLS THROUGH PROGRAMS LEADING TO SOCIAL AND ECONOMIC EMPOWERMENT. WHITTIER AREA COMMUNITY CHURCH 8100 COLIMA RD WHITTIER CA 90605 952698390 501(C)(3) 26000 0 FMV OUR MISSION IS TO CREATE COMMUNITIES WHERE EVERY PERSON IS INVITED TO GATHER IN WORSHIP, GROW IN A SMALL GROUP, AND TO GO SERVE OUR WORLD. CHILDREN'S MIRACLE NETWORK 205 WEST 700 SOUTH SALT LAKE CITY UT 84101 870387205 501(C)(3) 21200 0 FMV PROVIDES FINANCIAL SUPPORT FOR CHILDREN'S HOSPITALS ACROSS NORTH AMERICA. RIO HONDO COLLEGE FOUNDATION 3600 WORKMAN MILL RD WHITTIER CA 90608 954367487 501(C)(3) 14000 0 FMV ASSISTING THE COLLEGE IN MEETING ITS COMMITMENT TO STUDENT SUCCESS BY AWARDING SCHOLARSHIPS. INTERFAITH FOOD CENTER 11819 BURKE ST SANTA FE SPRINGS CA 90670 953889152 501(C)(3) 15000 0 FMV THE INTERFAITH FOOD CENTER IS A NON-FAITH-BASED, NON-PROFIT 501(C)(3) CHARITY ORGANIZATION DEDICATED TO MEETING THE NEEDS OF OUR HUNGRY AND HOMELESS NEIGHBORS IN WHITTIER, LA MIRADA AND SANTA FE SPRINGS. BOYS AND GIRLS CLUB OF WHITTIER 7905 GREENLEAF AVE WHITTIER CA 90602 956151763 501(C)(3) 13500 0 FMV ENABLE YOUNG PEOPLE, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. WHITTIER UNION HIGH SCHOOL DISTRICT EDUCATIONAL FOUNDATION 9401 PAINTER AVE WHITTIER CA 90605 473891956 501(C)(3) 21500 0 FMV SCHOLARSHIP DONATIONS TO CURRENT ENROLLED STUDENTS. TARA'S CHANCE 219 E CLAIRE AVE FULLERTON CA 92835 460941505 501(C)(3) 14000 0 FMV PROMOTING THE PHYSICAL, COGNITIVE, AND SOCIAL WELL-BEING OF AT RISK YOUTH AND/OR THOSE WITH SPECIAL NEEDS THROUGH EQUINE ASSISTED ACTIVITIES AND THERAPIES. WOMEN'S AND CHILDREN'S CRISIS SHELTER 13203 HADLEY ST 103 WHITTIER CA 90603 953315186 501(C)(3) 11400 0 FMV COMMITTED TO PROVIDING SAFETY, SHELTER AND HOPE TO VICTIMS OF DOMESTIC VIOLENCE. FOSTER LOVE (FKA TOGETHER WE RISE) 580 W LAMBERT RD STE A BREA CA 92821 263043727 501(C)(3) 11000 0 FMV COMMITTED TO IMPROVING THE LIVES OF CHILDREN IN FOSTER CARE. CAPC INC 7702 WASHINGTON AVE WHITTIER CA 90602 954389351 501(C)(3) 6500 0 FMV TO EMPOWER INDIVIDUALS WITH DISABILITIES TO MAXIMIZE THE QUALITY OF THEIR LIVES IN THEIR HOME COMMUNITIES. MURPHY RANCH LITTLE LEAGUE PO BOX 4371 WHITTIER CA 90607 237409697 501(C)(3) 7000 0 FMV MURPHY RANCH LITTLE LEAGUE PROVIDES THE OPPORTUNITY FOR ALL CHILDREN, AGES FOUR THROUGH SIXTEEN YEARS OLD, TO PLAY BASEBALL IN A SAFE AND POSITIVE ENVIRONMENT, REGARDLESS OF EXPERIENCE OR ABILITY. WHITTIER AREA CHAMBER OF COMMERCE 8158 PAINTER AVE WHITTIER CA 90602 951371380 501(C)(6) 7500 0 FMV PROMOTE AND DEVELOP THE ECONOMIC, CULTURAL AND CIVIC WELFARE OF WHITTIER BY OFFERING OUR MEMBERS SUPERIOR BUSINESS WORKING EVENTS, BUSINESS DEVELOPMENT, EDUCATIONAL OPPORTUNITIES, MARKETING ASSISTANCE, AND LEGISLATIVE ADVOCACY. LA HABRA DISTRICT 56 CHALLENGER LEAGUE PO BOX 964 LA HABRA CA 90633 204729638 501(C)(3) 6000 0 FMV ENABLE BOYS AND GIRLS WITH PHYSICAL AND MENTAL CHALLENGES, TO ENJOY THE GAME OF BASEBALL ALONG WITH THE MILLIONS OF OTHER CHILDREN WHO PARTICIPATE IN THIS SPORT WORLDWIDE. CHILDRENS HOSPITAL OF ORANGE COUNTY 1201 W LA VETA AVE ORANGE CA 92868 956097416 501(C)(3) 5015 0 FMV PEDIATRIC HEALTHCARE SYSTEM BASED IN ORANGE COUNTY, CALIFORNIA, COMMITTED TO BEING A LEADING DESTINATION FOR CHILDREN'S HEALTH BY PROVIDING EXCEPTIONAL AND INNOVATIVE CARE. 17 1 X X X X 1 1 X X X 1 1 0 DAVE GUNDERSON PRESIDENT/CEO 1084501 0 431479 0 31137 0 9900 0 31735 0 1588752 0 0 0 KATSU DURST CFO 339892 0 174644 0 11170 0 9900 0 1300 0 536906 0 0 0 KENNETH DOWNS FORMER CIO 232591 0 70212 0 254169 0 8881 0 18085 0 583938 0 0 0 SUZANNE KISSLAN COO 392359 0 151544 0 12920 0 9214 0 9405 0 575442 0 0 0 ALISSA GUERRERO CAO 301881 0 173695 0 14515 0 8087 0 26675 0 524853 0 0 0 MICHELLE HUNTER CCXO 249677 0 109714 0 36579 0 7813 0 31735 0 435518 0 0 0 SEVAN YAKINIAN CTO 211073 0 60962 0 3140 0 8122 0 1300 0 284597 0 0 0 PETER PUTNAM SVP, TREASURY 339166 0 26500 0 16323 0 9239 0 14557 0 405785 0 0 0 AARON YOUNG SVP, BRANCH OPS/RETAIL BANKING 207933 0 55423 0 4959 0 6750 0 15243 0 290308 0 0 0 KATIE MARIE SMITH SVP, HUMAN RESOURCES 205548 0 52446 0 814 0 4557 0 1300 0 264665 0 0 0 DAREN LINHARES SVP, LENDING 207692 0 48450 0 707 0 7684 0 6092 0 270625 0 0 0 MICHAEL CRUZ SVP, RISK MANAGEMENT 209304 0 18000 0 815 0 6819 0 8695 0 243633 0 0 0 ERIC DAY SVP, BOARD ADVOCACY & STRATEGIC INIT 146972 0 12500 0 6979 0 0 0 1300 0 167751 0 0 0 MICHAEL GENNAWEY PRODUCING PROGRAM MANAGER 64480 0 336121 0 320 0 8137 0 18528 0 427586 0 0 0 RYAN GALLO PRODUCING PROGRAM MANAGER 64480 0 295671 0 461 0 6811 0 26676 0 394099 0 0 0 SUSAN CONJURSKI VP STRATEGIC INITIATIVES 277693 0 22500 0 5582 0 9006 0 10802 0 325583 0 0 0 PAUL JARIABEK VP ENGINEERING & CISO 266621 0 12500 0 1608 0 7455 0 23099 0 311283 0 0 0 PATRICIA HOLCOMB VP INFORMATION TECHNOLOGY 211780 0 40500 0 3119 0 5768 0 8467 0 269634 0 0 0 PART I, LINES 4A-B ALL EXISTING 457B RETIREMENT PLANS AROSE FROM PRIOR MERGERS. THESE PLANS ARE OFFERED THROUGH CUNA, WHICH ALLOW EXECUTIVES TO DEFER A SPECIFIED AMOUNT OF THEIR PRE-TAX INCOME FOR INVESTMENT. THE PARTCIPANTS IN THE 457B PLAN ARE JEANNETTE BARTUS, ELOISA EDWARDS, ANATOLIA GURULE, TIMOTHY MCADAM, MABEL MORRIS, MIRIAM NEAL, KEVIN PENDERGRAFT AND LAURA POORE. THE CREDIT UNION ALSO OFFERS A 457(F) PLAN WHICH IS AN UNFUNDED DEFERRED COMPENSATION PLAN. DURING 2023, KENNETH DOWNS (OFFICER) RECEIVED A SEVERANCE PAYMENT. DAVE GUNDERSON OFFICER 1ST MORTGAGE X 3080000 3079611 0 1 1 DAVE GUNDERSON OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 6245000 7476874 0 1 1 DAVE GUNDERSON OFFICER CONSTRUCTION LOAN X 1420000 1420000 0 1 1 SUZANNE KISSLAN OFFICER 1ST MORTGAGE X 602000 511812 0 1 1 SUZANNE KISSLAN OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 5000000 5840640 0 1 1 MICHELLE HUNTER OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 3000000 3442045 0 1 1 1ST MORTGAGE X 0 0 0 ALISSA GUERRERO OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 2600000 2988728 0 1 1 ALISSA GUERRERO OFFICER 1ST MORTGAGE X 484000 434209 0 1 1 KATSU DURST OFFICER 1ST MORTGAGE X 556000 493508 0 1 1 SEVAN YAKINIAN OFFICER 1ST MORTGAGE X 617000 545524 0 1 1 AARON YOUNG KEY EMPLOYEE 1ST MORTGAGE X 665000 659712 0 1 1 KATIE MARIE SMITH KEY EMPLOYEE 1ST MORTGAGE X 584000 528990 0 1 1 MICHELLE HUNTER OFFICER 1ST MORTGAGE X 647000 606715 0 1 1 KATSU DURST OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 3150000 3269719 0 1 1 ERIC DAY KEY EMPLOYEE 1ST MORTGAGE X 266572 251196 0 1 1 DAREN LINHARES KEY EMPLOYEE 1ST MORTGAGE X 743750 689949 0 1 1 DAVE GUNDERSON OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 9000000 9170366 0 1 1 41409598 FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE APRIL 1, 2023, PRINTING INDUSTRIES CREDIT UNION MERGED WITH CREDIT UNION OF SOUTHERN CALIFORNIA. PRINTING INDUSTRIES CREDIT UNION TERMINATED ITS CHARTER ACCORDINGLY. EFFECTIVE APRIL 1, 2023, PACIFIC TRANSPORTATION FEDERAL CREDIT UNION MERGED WITH CREDIT UNION OF SOUTHERN CALIFORNIA. PACIFIC TRANSPORTATION FEDERAL CREDIT UNION TERMINATED ITS CHARTER ACCORDINGLY. FORM 990, PART VI, SECTION A, LINE 6 CREDIT UNION OF SOUTHERN CALIFORNIA IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. CREDIT UNION OF SOUTHERN CALIFORNIA DOES NOT HAVE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD OF CREDIT UNION OF SOUTHERN CALIFORNIA IS COMPRISED OF VOLUNTEER MEMBERS WHO ARE DIRECTLY ELECTED BY ITS MEMBERS. EACH MEMBER OF THE GOVERNING BOARD SERVES FOR A PERIOD AS PRESCRIBED BY OUR BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7B AT THE END OF EACH TERM OF THE BOARD MEMBERS, ELECTIONS ARE HELD AND BOARD MEMBERS ARE ELECTED BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. MEMBER VOTES ARE ALSO REQUIRED TO RATIFY DECISIONS DEALING WITH REORGANIZATION AS IN THE CASE OF A DISSOLUTION OR A MERGER WHERE CREDIT UNION OF SOUTHERN CALIFORNIA IS NOT THE SURVIVING ENTITY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS EMAILED TO THE BOARD OF DIRECTORS. THE BOARD MEMBERS WERE GIVEN TIME TO READ AND REVIEW THE FORM 990, AND EMAIL SENIOR MANAGEMENT WITH ANY COMMENTS AND/OR QUESTIONS. ANY PROPOSED REVISIONS WERE INCORPORATED INTO THE FINAL DOCUMENT. FORMAL MINUTES OF THE EMAILED BOARD MEETING WILL BE SIGNED AT THE NEXT REGULAR MONTHLY MEETING OF THE BOARD AND WILL BE RETAINED PERMANENTLY WITH CORPORATE DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND VOLUNTEERS ARE REQUIRED TO CONFIRM THEIR UNDERSTANDING OF AND COMPLIANCE WITH THE 'CONFLICT OF INTEREST POLICY' BY SIGNING AN ACKNOWLEDGEMENT ON AN ANNUAL BASIS. ALL ELECTED OFFICIALS, APPOINTED CORPORATE ADVISORY BOARD MEMBERS AND SENIOR-LEVEL MANAGERS MUST FILE A STATEMENT OF DISCLOSURE DISCLOSING ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST UPON ELECTION/APPOINTMENT AND EACH YEAR THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15 A WRITTEN JOB DESCRIPTION AND SALARY RANGE IS DEVELOPED FOR EVERY POSITION WHICH APPEARS ON THE CREDIT UNION'S ORGANIZATIONAL CHART. IT IS THE POLICY OF THE CREDIT UNION TO MAINTAIN FAIR AND COMPETITIVE SALARIES CONSISTENT WITH THE ECONOMIC REQUIREMENTS OF THE ORGANIZATION AND COMMENSURATE WITH THE CREDIT UNION'S COMPETITIVE STRATEGY IN THE LABOR MARKET IN ORDER TO ATTRACT, RETAIN AND REWARD QUALIFIED EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: ACCUMULATED UNREALIZED NET GAINS (LOSSES) ON CASH FLOW HEDGES 5,641,834. EQUITY ACQUIRED IN MERGER 7,500,000. CECL TRANSITIONAL AMOUNT (AS DETERMINED UNDER 702.703(B)) -11,835,524. FORM 990,PART XII,LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. CU SOCAL PARTNERS LLC 8101 E KAISER BLVD SUITE 300 ANAHEIM HILLS CA 92808 352310726 DATA PROCESSING SERVICE CA 3801 776120 CREDIT UNION OF SOUTHERN CALIFORNIA SOUTHERN CALIFORNIA HELPING HANDS PO BOX 200 WHITTIER CA 90608 562401627 COLLECTION OF CHARITABLE DONATIONS FROM EMPLOYEES AND GENERAL PUBLIC CA 501(C)(3) 170(B)(1)(A)(VI) CREDIT UNION OF SOUTHERN CALIFORNIA 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 SOUTHERN CALIFORNIA HELPING HANDS B 57580 FMV