2012-08-14T09:27:00-08:00 2011-12-31 990 2011-01-01 941484851 CREDIT UNIONS IN THE STATE OF CALIFORNIA SIERRA CENTRAL CREDIT UNION CRED 8002227228 820 PLAZA WAY YUBA CITY CA 95991 JOHN CASSIDY 8002227228 2012-08-14 2011 2016-02-24 21:20:13Z CREDIT UNIONS IN THE STATE OF CALIFORNIA JOHN CASSIDY 820 PLAZA WAY YUBA CITY CA 95991 34102259 false true X WWW.SIERRACENTRAL.COM X 1955 CA PROVIDE FINANCIAL SERVICES TO MEMBEROWNERS 7 7 224 0 0 28219514 24087400 694701 915288 8486057 7912040 37400272 32914728 10000 10000 0 7899060 8750004 0 0 25848897 16246431 33757957 25006435 3642315 7908293 593723986 617246257 543154984 558768962 50569002 58477295 AS YOUR FINANCIAL INSTITUTION WE PLEDGE TO SERVE YOU AND OUR COMMUNITY FAITHFULLY WE WILL BE FRIENDLY HELPFUL AND PROFESSTIONAL. WE WILL PROVIDE GREAT PRODUCTS AND COMPETITIVE RATES. false false 522130 25006435 32914728 PROVIDE FINANCIAL SERVICES TO MEMBEROWNERS. PROVIDE SAVINGS AND LOAN ACCOUNTS TO 59199 MEMBERS. 25006435 false false true false false false false false true false true false false false true true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false true 16020 0 true 224 true false true false false false false false X 7 7 false false false false true true true true true false true true false true false false true true true false false CA X STEPHANIE DICKINSON 8002227228 820 PLAZA WAY YUBA CITY CA 95991 DAVID MACKOWIAK 2 X 0 0 0 THOMAS BELZA 2 X 0 0 0 DIANE MEYERS 2 X 0 0 0 DOUGLAS SLOAN 2 X 0 0 0 DANIEL OSTRANDER 2 X 0 0 0 JAMES KENNEDY 2 X 0 0 0 RON BARTOLI 2 X 0 0 0 DEVIN BARBER 1 X 0 0 0 DAN MIERZWA 1 X 0 0 0 BALDEV JOHAL 1 X 0 0 0 DALE HALL 1 X 0 0 0 JOHN CASSIDY 40 X 266384 0 0 RON SWEENEY 40 X 277656 0 0 STEPHANIE DICKINSON 40 X 113900 0 0 STEVE HENDERSON 40 X 144759 0 0 DAVID KELSAY 40 X 142963 0 0 945662 5 false true false ANTHEM BLUE CROSS MEDICAL INSURANCE 1028893 FISERV IT SERVICES 384793 INFOIMAGE STATEMENT PROCESSING 383985 DIEBOLD ITATM SERVICES 281344 EXPERIAN CREDIT SCORING 194937 17 LOAN INTEREST INCOME 522130 24087400 24087400 24087400 787219 787219 1315600 1187531 128069 128069 128069 FEE INCOME 522130 7120599 7120599 OTHER INCOME 522130 647917 647917 MORTGAGE SERVICING 522130 139333 139333 4191 4191 7912040 32914728 32914728 0 0 10000 10000 710312 710312 5991632 5991632 586418 586418 843207 843207 618435 618435 216448 216448 124900 124900 19200 19200 255058 255058 2215445 2215445 647927 647927 1266301 1266301 87060 87060 21361 21361 2612 2612 1075903 1075903 164660 164660 DIVIDENDS 3974341 3974341 PLL 3181139 3181139 PLASTIC CARD OPERATIONS 1387667 1387667 NCUA PREMIUM EXPENSE 655357 655357 951052 951052 25006435 25006435 0 0 10902792 10846784 157167416 202122528 229307 262844 401289383 379208234 499522 521841 29759970 15528592 14848616 14231378 520000 1634400 8266950 8418248 593723986 617246257 4638895 4920481 255331 234671 538260758 553613810 543154984 558768962 50569002 58477295 50569002 58477295 593723986 617246257 7908293 X false true true X false false 5250 0 5250 5250 FRIENDS OF DAN LOGUE FOR ASSEMBLY 1127 11TH STREET SUITE 310 SACRAMENTO CA 95814 500 FRIENDS OF DAN LOGUE FOR ASSEMBLY PO BOX 1504 CHICO CA 95927 500 CA CREDIT UNION LEAGUE 1201 K STREET SUITE 1050 SACRAMENTO CA 95814 4250 PART I-A CONTRIBUTED FINANCIALLY TO THE CALIFORNIA CREDIT UNION LEAGUE'S POLITICAL ACTION COMMITTEE CONTRIBUTED FINANCIALLY TO A CANDIDATE RUNNING FOR STATE ASSEMBLY false true 6692303 6692303 11024328 4499523 6524805 1444190 1127062 317128 10599149 9902007 697142 14231378 FHLB STOCK 1114400 C CO-OP STOCK 20000 C CUDL STOCK 500000 C 1634400 ACCRUED INCOME 1574332 NCUA SHARE INSURANCE FUND 5018719 OTHER ASSETS 1825197 8418248 104428 OTHER TAXES 11580 UNAPPLIED DATA PROCESSING 1735716 MEMBER SHARES 551762086 553509382 32914728 25006435 7908293 7908293 32914728 32914728 32914728 25006435 25006435 25006435 PART IV 2.B. THE CREDIT UNION MAINTAINS MORTGAGE LOAN ESCROW ACCOUNTS FOR MEMBERS. FUNDS ARE DEPOSITED IN EACH MEMBER'S INDIVIIDUAL ESCROW ACCOUNT WHEN THE MONTHLY MORTGAGE PAYMENT IS MADE. THE CREDIT UNION PAYS THE MEMBER'S PROPERTY TAXES ANDOR INSURANCE FROM THESE ACCOUNTS ON BEHALF OF THE MEMBER. PART X 2. FASB ASC TOPIC 740 INCOME TAXES PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED MEASURED DISCLOSED AND PRESENTED IN FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARTING THE CREDIT UNION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. AS OF AND FOR THE YEARS ENDED DECEMBER 31 2011 AND 2010 MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. true SCHOLARSHIP 20 10000 WE DO NOT MONITOR THE USE OF THE GRANT FUNDS. X X true true X X X false true false false false false false false false false JOHN CASSIDY 246750 21224 16413 16413 RON SWEENEY 225585 45515 17361 14608 14608 STEVE HENDERSON 116091 20000 17123 DAVID KELSAY 107124 20000 17479 STEPHANIE DICKINSON 102697 20000 159 PART VI 6. ALL INDIVIDUALS THAT HAVE AN ACCOUNT WITH THE CREDIT UNION ARE MEMBERS. THE MEMBERS ELECT THE GOVERNING BODY. ALL MEMBERS HAVE THE SAME VOTING RIGHTS. 7.A. SEE 6 7.B. CHANGES TO THE CREDIT UNION'S CHARTER OR MEMBERSHIP EXPULSION MUST BE APPROVED BY THE MEMBERSHIP. ALL MEMBES HAVE THE SAME VOTING RIGHTS. 11.A. CURRENTLY THERE IS NO PROCESS BY WHICH THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS. 15.A. THE BOARD OF DIRECTORS CONTRACT WITH AN EXTERNAL CONSULTING COMPANY TO PROVIDE COMPARABLE COMPENSAION DATA FOR LIKE POSITIONS. AFTER DISCUSSION AMONGST BOARD MEMBERS CONDUCTED IN CLOSED SESSION FORMAT THE COMPENSATION PACKAGE IN CONJUNCTION WITH THE EMPLOYEE CONTRACT WERE PRESENTED TO AND ACCEPTED BY THE CEO IN 2007. 19. THE FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF EACH BRANCH. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.