2026-02-17T13:23:33-06:00 2025-03-25 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2025-01-01 951682200 ARROWHEAD CENTRAL CREDIT UNION ARRO 9093796897 8686 HAVEN AVENUE RANCHO CUCAMONGA CA 91730 TONY SAWAYA SVP/CFO 9093796897 2026-02-17 1 NATALIE HULL CPA P00089332 8189549700 2025 2025-03-06 01:10:19Z X DARIN WOINAROWICZ CEO 8686 HAVEN AVENUE RANCHO CUCAMONGA CA 91730 47248604 0 X WWW.ARROWHEADCU.ORG X CREDIT UNION 1949 CA A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. X 11 11 511 13 224504 0 0 0 122164668 35401050 25781349 11306732 276507 46862 148222524 46754644 276349 0 0 0 51249336 14002252 0 0 0 73154394 22838658 124680079 36840910 23542445 9913734 2472833903 0 2192082991 0 280750912 0 X A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS 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, ARROWHEAD CENTRAL 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 FINANCIAL SERVICES TO SOUTHERN CALIFORNIA AND CERTAIN PARTS OF NEVADA AND ARIZONA - AT MARCH 25, 2025 WE HAD 220,694 MEMBERS - 94,726 LOANS, AND 313,456 SHARE ACCOUNTS. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 511 1 1 1 0 0 0 0 0 0 0 X 11 11 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X X TONY SAWAYA SVPCFO 9093796897 8686 HAVEN AVENUE RANCHO CUCAMONGA CA 91730 THOMAS POTTER BOARD CHAIRMAN 2.00 0.00 X 0 0 0 JOHN MCCORMACK BOARD VICE CHAIRMAN 2.00 0.00 X 0 0 0 DAN HYNES BOARD SECRETARY 2.00 0.00 X 0 0 0 PATRICIA COLE BOARD TREASURER 2.00 0.00 X 0 0 0 BETH BOCKENHAUER BOARD MEMBER 2.00 0.00 X 0 0 0 CATHLEEN FARRAR BOARD MEMBER 2.00 0.00 X 0 0 0 JAMES HALE BOARD MEMBER 2.00 0.00 X 0 0 0 TIM MCHARGUE BOARD MEMBER 2.00 0.00 X 0 0 0 WAYNE THIES BOARD MEMBER 2.00 0.00 X 0 0 0 SHERRY KENDRICK BOARD MEMBER 2.00 0.00 X 0 0 0 ART GOMEZ BOARD MEMBER 2.00 0.00 X 0 0 0 DARIN WOINAROWICZ PRESIDENT/CEO 40.00 X 737381 0 22852 ROBERTO MARTINEZ EVP COO 40.00 X 243215 0 16254 TANIOS SAWAYA SVP CFO 40.00 X 202656 0 16715 BRUCE PEARSON EVP CHIEF LEGAL COUNSEL 40.00 X 191431 0 16285 WILLIAM WAGNER SVP CLO 40.00 X 184810 0 15622 VAUGHN BOOK SVP CIO 40.00 X 172378 0 13422 ANN WADAGNOLO SVP CRO 40.00 X 143323 0 8046 RYAN WELLER SVP CPO 40.00 X 139678 0 12247 2014872 0 121443 8 0 1 0 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 FINANCIAL TECHNOLOGY 722741 ALKAMI TECHNOLOGY INC 5601 GRANITE PKWY STE 120 PLANO TX 75024 DIGITAL BANKING 622485 LOOMIS HOLDING US INC DEPT 0757 PO BOX 120001 DALLAS TX 75312 CASH & COIN SERVICE FOR ATM'S 447770 PALICON GROUP 3400 CENTRAL AVE SUITE 325 RIVERSIDE CA 92506 SECURITY GUARD SERVICES 390880 BUSINESS DATA INC 321 N OAK ST INGLEWOOD CA 90302 DOCUMENT PRINTING AND DIGITAL DELIVERY S 301618 16 INTEREST ON LOANS 522100 24020077 24020077 OTHER OPERATING INCOME 522100 8058348 8000932 57416 FEE INCOME 522100 3322625 3155537 167088 35401050 9203892 9203892 2596800 493960 2102840 2102840 2102840 GAIN ON DISPOSITION OF 522100 41200 41200 GAIN ON MARK-TO MARKET 522100 2916 2916 GAIN ON SALES OF LOANS 522100 2746 2746 46862 46754644 46530140 224504 0 2014872 9336780 525934 1079402 1045264 75947 75727 106141 327129 4139596 2315371 873644 52367 4219197 2030406 180960 CREDIT LOSS EXPENSE 4675000 MISCELLANEOUS OPERATING 2654556 LOAN SERVICING EXPENSE 1040130 OPERATING FEES 72487 36840910 103010956 0 426351517 0 0 0 41957051 0 0 0 0 4253992 0 0 0 23706101 0 432334130 0 49398 0 1379961189 0 2319900 0 58889669 0 2472833903 0 40584759 0 2151498232 0 2192082991 0 X 0 0 0 0 280750912 0 280750912 0 2472833903 0 X 9913734 1500471 -292165117 X X 0 0 0 X 1 1 X X 0 1 0 DARIN WOINAROWICZ PRESIDENT/CEO 375787 0 360755 0 839 0 14000 0 8852 0 760233 0 0 0 ROBERTO MARTINEZ EVP COO 123148 0 116431 0 3636 0 7325 0 8929 0 259469 0 0 0 TANIOS SAWAYA SVP CFO 101704 0 96156 0 4796 0 7914 0 8801 0 219371 0 0 0 BRUCE PEARSON EVP CHIEF LEGAL COUNSEL 96443 0 90899 0 4089 0 7482 0 8803 0 207716 0 0 0 WILLIAM WAGNER SVP CLO 93330 0 88240 0 3240 0 7263 0 8359 0 200432 0 0 0 VAUGHN BOOK SVP CIO 88296 0 80282 0 3800 0 6608 0 6814 0 185800 0 0 0 ANN WADAGNOLO SVP CRO 71885 0 67759 0 3679 0 5586 0 2460 0 151369 0 0 0 RYAN WELLER SVP CPO 70390 0 66150 0 3138 0 5462 0 6785 0 151925 0 0 0 PART I, LINE 4B THERE IS A SUPPLEMENTAL RETIREMENT PLAN FOR THE CEO. THE CREDIT UNION OWNS THE ASSETS IN THE PLAN AND THE FIRST VESTING DATE IS IN 2021. THE SECOND VESTING DATE IS IN 2031. THE CREDIT UNION PROVIDES SPLIT DOLLAR LIFE INSURANCE ARRANGEMENTS FOR THE FOLLOWING CURRENT EXECUTIVE: DARIN WOINAROWICZ,BRUCE PEARSON,ROBERT MARTINEZ,WILLIAM WAGNER,VAUGHN BOOK,RYAN WELLER AND ANN WADAGNOLO. TRANSFER OF NET ASSETS 2025-03-25 292165117 BOOK VALUE 951682200 ARROWHEAD CENTRAL CREDIT UNION 8686 HAVEN AVENUE RANCHO CUCAMONGA CA 91730 501(C)(1) 1 1 0 0 0 1 1 0 0 PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: ALL BOARD MEMBERS AND EMPLOYEES WILL KEEP THEIR ROLES AT ARROWHEAD CENTRAL CREDIT UNION. THE CREDIT UNION IS CONVERTING FROM A STATE CHARTER TO A FEDERAL CHARTER. NO TRANSFER OF ASSETS ACTUALLY TRANSPIRED. THE CREDIT UNION IS FILING A FINAL FORM 990 FOR THE TAX PERIOD THAT ENDED WITH THE CONVERSION TO A FEDERAL CHARTER AS IT IS NO LONGER SUBJECT TO FEDERAL TAX FILING QUIREMENTS AFTER THE CONVERSION TO A FEDERAL CHARTER. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE MARCH 26, 2025, ARROWHEAD CENTRAL CREDIT UNION SUCCESSFULLY CONVERTED TO A FEDERAL CREDIT UNION AND IS NOW OPERATING UNDER A FEDERAL CHARTER REGULATED BY THE NATIONAL CREDIT UNION ADMINISTRATION (NCUA). IN ACCORDANCE WITH THIS CONVERSION, THE CREDIT UNION IS NOW RECOGNIZED AS A POLITICAL SUBDIVISION OF THE UNITED STATES AND IS THUS EXEMPT UNDER IRC SECTION 501(C)(1). FORM 990, PART VI, SECTION A, LINE 6 ARROWHEAD CENTRAL 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. ARROWHEAD CENTRAL CREDIT UNION DOES NOT HAVE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD OF ARROWHEAD CENTRAL 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 11B THE RETURN PREPARER E-MAILS A DRAFT OF THE FORM 990 TO THE ORGANIZATION'S CFO FOR HIS REVIEW. THE CFO PRESENTS ANY QUESTIONS, COMMENTS, OR CORRECTIONS TO THE RETURN PREPARER. UPON SATISFACTORY COMPLETION OF THE FORM 990, THE ORGANIZATION'S AUTHORIZED INDIVIDUAL PRESENTS THE RETURN TO THE BOARD OF DIRECTORS AND SIGNS THE APPROPRIATE SIGNATURE FORM(S) TO AUTHORIZE THE ELECTRONIC FILING OF THE RETURN. A COPY OF THE FORM 990, AS FILED, IS PROVIDED BY THE RETURN PREPARER TO THE ORGANIZATION'S CEO OR OTHER DESIGNATED INDIVIDIUAL(S). FORM 990, PART VI, SECTION B, LINE 12C FOR DIRECTORS, THE VOLUNTEER CODE OF PERSONAL AND BUSINESS CONDUCT (POLICY 1.16) (12 PAGES) REQUIRES ANNUAL, AT A MINIMUM, WRITTEN ACKNOWLEDGEMENT AND DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST. FOR OFFICERS AND KEY EMPLOYEES, THE EMPLOYEE HANDBOOK, GENERAL POLICIES, CODE OF PERSONAL AND BUSINESS CONDUCT (13 PAGES) REQUIRES DISCLOSURE OF OUTSIDE INTERESTS WHENEVER AN ACTIVITY MAY BE CONTRARY TO THE BEST INTEREST OF THE CREDIT UNION. ALL EMPLOYEES ARE REQUIRED TO SIGN A WRITTEN ACKNOWLEDGEMENT OF THE RECEIPT OF THE CODE OF PERSONAL AND BUSINESS CONDUCT AND OF ANY SUBSEQUENT CHANGES THERETO. VIOLATIONS MAY SUBJECT THE EMPLOYEE TO DISCIPLINARY MEASURES, UP TO AND INCLUDING TERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVES THE COMPENSATION FOR THE CEO. THE CEO APPROVES THE COMPENSATION FOR THE EXECUTIVES. MARKET DATA IS USED TO DETERMINE COMPENSATION COMPARABILITY AMONG THE EXECUTIVES' SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE NCUA 5300 CALL REPORT IS AVAILABLE TO THE PUBLIC ON THE NCUA WEBSITE. THE CREDIT UNION'S FINANCIALS ARE POSTED AT EACH BRANCH LOCATION. ANY MEMBER MAY REQUEST TO SEE BOARD MEETING MINUTES. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS DUE TO CONVERSION TO A FEDERAL CREDIT UNION -292,165,117. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990, PAGE 1, BOX B - FINAL RETURN ARROWHEAD CENTRAL CREDIT UNION CONVERTED TO A FEDERAL CHARTER EFFECTIVE MARCH 26, 2025. WITH THIS CONVERSION, THE ORGANIZATION, UNDER SECTION 501(C)(1), IS NO LONGER REQUIRED TO FILE ANNUAL INFORMATION RETURNS. AS SUCH, THIS IS THE FINAL TAX RETURN FOR THE PERIOD JANUARY 1, 2025 THROUGH MARCH 25,2025. ARROWHEART FOUNDATION 8686 HAVEN AVENUE RANCHO CUCAMONGA CA 91730 463720925 CHARITY FUND CA 501(C)(3) LINE 7 ARROWHEAD CENTRAL CREDIT UNION 0 ARROWHEAD FINANCIAL GROUP INC 8686 HAVEN AVENUE RANCHO CUCAMONGA CA 91730 330082959 INSURANCE CA ARROWHEAD CENTRAL CREDIT UNION C -6052 462312 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 ARROWHEAD FINANCIAL GROUP INC Q 0 AMOUNT BELOW THRESHOLD