2013-10-29T14:52:48-05:00 2012-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2012-01-01 951185803 CALIFORNIA COAST CREDIT UNION CALI 8774951600 PO BOX 502080 SAN DIEGO CA 921502080 KENNETH HORTON 8774951600 2013-10-16 1 VALENTINO CREUS CPA P01054153 8189549700 2012 2016-02-25 16:41:14Z MARLA SHEPARD PO BOX 502080 SAN DIEGO CA 921502080 80036252 0 X WWW.CALCOASTCU.ORG X CREDIT UNION 1929 CA A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. 11 11 513 18 0 0 0 0 76761832 69851718 5508241 6157453 666388 1197813 82936461 77206984 0 9844 0 0 25220736 28003570 0 0 0 51931643 33673645 77152379 61687059 5784082 15519925 1633208038 1710049411 1471437630 1532622291 161770408 177427120 X CALIFORNIA COAST CREDIT UNION IS A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVING 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, CALIFORNIA COAST CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. 0 0 ACHIEVEMENT OF SATISFACTORY SERVICES PROVIDED TO MEMBERS IN CONNECTION WITH CONSUMER LOANS, I.E., AUTO LINES, VISA AND PERSONAL LINES OF CREDIT. ACCOMPLISHMENT OF TARGET GOALS IN CONNECTION WITH PROVISION OF MORTGAGE LOAN PRODUCTS TO EXISTING MEMBERS. MEMBER SATISFACTION IN CONNECTION WITH SERVICES PERTAINING TO CHECKING/SAVINGS ACCOUNTS, ATTRACTIVE CD RATES, IRA AND SIMILAR ACCOUNTS. 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 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 33937 0 1 513 1 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X KENNETH HORTON 8774951600 PO BOX 502080 SAN DIEGO CA 921502080 FRED MEHLICK 4.00 X 0 0 0 STEVE MCMAHON 4.00 X 0 0 0 TOM ERICKSON 4.00 X 0 0 0 BARBARA K BROOKS 2.00 X 0 0 0 GARY ATKINSON 2.00 X 0 0 0 ROBERT T ALTMAN 2.00 X 0 0 0 BRUCE HUSSON 2.00 X 0 0 0 RICHARD J KNOTT 2.00 X 0 0 0 ROBERT J MICHAELS 2.00 X 0 0 0 FRED WALTERS 2.00 X 0 0 0 KERRY FLANAGAN 2.00 X 0 0 0 KATHY MA 2.00 X 0 0 0 ROSS WHITE 2.00 X 0 0 0 MARY JEAN DEL CAMPO 2.00 X 0 0 0 JAY SHEPARD 2.00 X 0 0 0 WARREN RUIS 2.00 X 0 0 0 BEVERLY A LYTTON 2.00 X 0 0 0 DENNIS MCGRATH 2.00 X 0 0 0 MARLA SHEPARD 40.00 X 538049 0 19147 KATHERINE CADY 40.00 X 269442 0 20936 TODD LANE 40.00 X 239898 0 10615 ROBERT G DISOTELL 40.00 X 122535 0 9018 MITZI ZARCONE 40.00 X 177796 0 7111 ROBERT M MILLER 40.00 X 172343 0 9698 KEVIN LANDEL 40.00 X 164856 0 20794 DARLEEN WILKINS 40.00 X 158081 0 11421 LORI J DURAN 40.00 X 156858 0 7943 SUSAN A WHITELEY 40.00 X 163332 0 20673 RENE MCKEE 40.00 X 151791 0 10461 KENNETH HORTON 40.00 X 144862 0 22441 ARTHUR J METRAS 40.00 X 139847 0 9202 NANCY MAPLES 40.00 X 114076 0 15213 2713766 0 194673 18 0 1 0 THE MEMBERS GROUP PO BOX 10409 DES MOINES IA 10409 PLASTIC CARD SERVICES 1486695 CU COOPERATIVE SYSTEM INC 9692 HAVEN AVE RANCHO CUCAMONGA CA 91730 PLASTIC CARD NETWORK, CONNECTION SERVICE 1131980 MILNER BUTCHER MEDIA GROUP LLC 11150 W OLYMPIC BLVD S-185 LOS ANGELES CA 90064 MARKETING/ADVERTISING 885994 FISERV SOLUTIONS INC 75 REMITTANCE DRIVE CHICAGO IL 60675 MEMBER STATEMENT PROCESSING SERVICE 768177 JACK HENRY & ASSOCIATES INC PO BOX 503328 ST LOUIS MO 63150 IT SERVICES 589458 41 INTEREST ON LOANS 522100 48295081 48295081 OTHER INCOME 522100 12491346 12491346 FEE INCOME 522100 9065291 9065291 69851718 5931501 5931501 3055220 2829268 225952 225952 225952 OTHER NON-OPERATING INCOME 522100 1197813 1197813 1197813 77206984 77206984 0 0 9844 2713766 21368079 549990 1550042 1821693 223235 71568 5914945 1796617 3706256 2567556 3664386 312405 5488395 2827928 1420984 LOAN SERVICING EXPENSE 2009127 PROV. FOR LOAN LOSSES 1640131 LOSS ON REOS 1537260 MISC OPERATING EXPENSE 344879 147973 61687059 13338638 10508690 85360558 100384448 2052114 1855848 59921607 29176786 34883608 30744821 527066659 617358516 945488447 925363622 3260319 3167772 21757695 20665694 1633208038 1710049411 13331729 17754540 1458105901 1514867751 1471437630 1532622291 X 0 0 0 0 161770408 177427120 161770408 177427120 1633208038 1710049411 15519925 136787 0 X X 0 1 X 1 0 8515 8515 8515 1 DAVID BAUER 2150 RIVER PLAZA DR 150 SACRAMENTO CA 95833 263457749 2000 SAN DIEGO CREDIT UNION'S PAC PO BOX 85833 SAN DIEGO CA 921865833 743032876 1515 CCUL-PAC 1201 K STREET SUITE 1090 SACRAMENTO CA 95814 940357265 5000 12219175 12219175 26436633 12045031 14391602 6192001 5005864 1186137 15073798 12125891 2947907 30744821 DEPOSITS IN COMMERCIAL BANKS 26227999 F ALL OTHER INVESTMENTS 11832876 F LOANS AND LEASES 869909291 F LOANS HELD FOR SALE 2435729 F NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT 14957727 F 925363622 MEMBER SHARE DEPOSITS 1514867751 1514867751 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: 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 WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. THE CREDIT UNION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2009 AND BY STATE TAX AUTHORITIES BEFORE 2008. FOR THE YEAR ENDED MARCH 31, 2013, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS, AND ACCORDINGLY, THE CREDIT UNION HAS NOT RECORDED A LIABILITY FOR THE PAYMENT OF INTEREST OR PENALTIES. X 1 1 X X X 0 1 0 MARLA SHEPARD 442767 0 65401 0 29881 0 4125 0 15022 0 557196 0 0 0 KATHERINE CADY 243888 0 19185 0 6369 0 7523 0 13413 0 290378 0 0 0 TODD LANE 221852 0 17380 0 666 0 6480 0 4135 0 250513 0 0 0 MITZI ZARCONE 166467 0 7343 0 3986 0 1344 0 5767 0 184907 0 0 0 ROBERT M MILLER 161355 0 10536 0 452 0 3966 0 5732 0 182041 0 0 0 KEVIN LANDEL 154247 0 9874 0 735 0 4866 0 15928 0 185650 0 0 0 DARLEEN WILKINS 147105 0 9051 0 1925 0 1343 0 10078 0 169502 0 0 0 LORI J DURAN 147340 0 8269 0 1249 0 0 0 7943 0 164801 0 0 0 SUSAN A WHITELEY 147769 0 7449 0 8114 0 4604 0 16069 0 184005 0 0 0 RENE MCKEE 140057 0 8417 0 3317 0 4230 0 6231 0 162252 0 0 0 KENNETH HORTON 135451 0 8814 0 597 0 4336 0 18105 0 167303 0 0 0 PART I, LINE 4B THE NONQUALIFIED RETIREMENT PLAN IS A SERP AND IS INTENDED TO SUPPLEMENT THE CEO'S 401(K) RETIREMENT PLAN BENEFITS IN ORDER TO ENSURE THAT THE CEO RECEIVES A CERTAIN AMOUNT OF TARGETED RETIREMENT BENEFITS AS DETERMINED BY THE BOARD OF DIRECTORS. THE CEO IS THE ONLY PARTICIPANT IN THE PLAN. SYMITAR SUBSIDIARY OF JACK HENRY C MARLA SHEPARD, CEO OF CCCU, IS ALSO A BOARD MEMBER OF SYMITAR. 589458 PROVIDER OF CCCU'S CORE SYSTEM 0 MOORE BREWER JONES TYLER - LAW FIRM HUSBAND OF MARLA SHEPARD, CEO OF CCCU, IS A PRINCIPAL AT THIS LAW FIRM. 133856 LEGAL FEES 0 FORM 990, PART VI, SECTION A, LINE 6 CALIFORNIA COAST CREDIT UNION 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. CALIFORNIA COAST CREDIT UNION DOES NOT HAVE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD OF CALIFORNIA COAST CREDIT UNION 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 VOTED BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. MEMBER VOTES ARE ALSO REQUIRED TO RATIFY DECISIONS DEALING WITH REORGANIZATIONS AS IN THE CASE OF MERGER OR DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PROVIDED TO AND REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES REVIEW AND SIGN THE CREDIT UNION'S FRAUD POLICY ANNUALLY; REGULAR EXTERNAL AND INTERNAL AUDITS ARE PERFORMED; AND EMPLOYEE ACCOUNTS ARE MONITORED REGULARLY. FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION USES AN INDEPENDENT CONSULTING FIRM TO REVIEW TITLES AND SALARY LEVELS FOR MANAGER LEVEL AND ABOVE. FOR THE CEO, COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE BUILDING LOBBY AND ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. CALIFORNIA COAST FINANCIAL SERVICES LLC 9201 SPECTRUM CENTER BLVD SAN DIEGO CA 92123 330986534 INVESTMENTS CA 136623 1155878 CALIFORNIA COAST CREDIT UNION