CREDIT UNIONS IN THE STATE OF CALIFORNIA: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS IN THE STATE OF CALIFORNIA (EIN 94-1326959)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-14
IRS object ID: 201241359349304084
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule C
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-14T14:21:47-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	420714325	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MCGLADREY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	801 NICOLLET MALL SUITE 1100	AddressLine1
City	MINNEAPOLIS	City
State	MN	State
ZIP Code	55402	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	941326959	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CREDIT UNIONS IN THE STATE OF CALIFORNIA	BusinessNameLine1
Business Name Line2	FINANCIAL CENTER CREDIT UNION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	CRED	NameControl
Phone	2099486024	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 208005	AddressLine1
City	STOCKTON	City
State	CA	State
ZIP Code	95208	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	STEVE LEIGA	Name
Title	VICE PRES - ACCOUNTING/FINANCE	Title
Phone	2099486024	Phone
Date Signed	2012-05-10	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GERALD B KISSELL	Name
PTIN	P00092658	PTIN
Phone	6123324300	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MICHAEL DUFFY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 208005	AddressLine1
City	STOCKTON	City
State	CA	State
ZIP Code	95208	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	21298651	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Group Exemption Number	1526	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	WWW.FCCUBURT.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1954	YearFormation
State Legal Domicile	CA	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE CREDIT UNION SERVICES TO MEMBERS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	4	NbrIndependentVotingMembers
Total Nbr Employees	100	TotalNbrEmployees
Total Nbr Volunteers	8	TotalNbrVolunteers
Total Gross UBI	387061	TotalGrossUBI
Net Unrelated Business Txbl Income	-16835	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	19725341	ProgramServiceRevenuePriorYear
Program Service Revenue CY	19746757	ProgramServiceRevenueCY
Investment Income Prior Year	2032961	InvestmentIncomePriorYear
Investment Income Current Year	1551894	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	21758302	TotalRevenuePriorYear
Total Revenue Current Year	21298651	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	1567862	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	1531299	BenefitsPaidToMembersCY
Salaries Etc Prior Year	6308859	SalariesEtcPriorYear
Salaries Etc Current Year	6017725	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	10363884	OtherExpensePriorYear
Other Expenses Current Year	9560713	OtherExpensesCurrentYear
Total Expenses Prior Year	18240605	TotalExpensesPriorYear
Total Expenses Current Year	17109737	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3517697	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	4188914	RevenuesLessExpensesCY
Total Assets BOY	303375243	TotalAssetsBOY
Total Assets EOY	326532655	TotalAssetsEOY
Total Liabilities BOY	226169256	TotalLiabilitiesBOY
Total Liabilities EOY	243842364	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	77205987	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	82690291	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	TO PROVIDE CREDIT UNION SERVICES TO MEMBERS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	1	SignificantChange
Description	FINANCIAL CENTER CREDIT UNION SERVES 32,000 MEMBERS WITH $327 MILLION IN ASSETS, $155 MILLION IN NET LOANS TO MEMBERS, AND $236 MILLION IN MEMBER DEPOSITS AS OF 12-31-11.	Description
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	1	PoliticalActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	1	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	0	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	1	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	13316	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	100	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	4	NumberIndependentVotingMembers
Family Or Business Relationship	1	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	1	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	1	LocalChapters
Policies Reference Chapters	1	PoliciesReferenceChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	STEVE LEIGA	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	2099486024	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 208005	AddressLine1
City	STOCKTON	City
State	CA	State
ZIP Code	95208	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
MICHAEL DUFFY
PRESIDENT/CEO/SECRETARY	55.00	X	X	456681	0	387010
VALENCIA JONES
CHAIR	1.00	X	X	0	0	0
ANGELA ROSENQUIST
DIRECTOR	1.00	X		0	0	0
JOHN VERA
DIRECTOR	1.00	X		0	0	0
PETE HOENTHANER
DIRECTOR	1.00	X		0	0	0
NORA STROH
EXECUTIVE VP/COO	55.00			195398	0	143742	X
STEVE LEIGA
VP ACCT & FINANCE	55.00			119345	0	140044		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	771424	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	670796	TotalOtherCompensation
Number Individuals GT100 K	3	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
BLUE SHEILD
PO BOX 629014	ELDORADO HILLS	CA	957629014	MEDICAL INS	618308
PRESORT
3806 CORONADO AVE	STOCKTON	CA	952042314	STMTS AND MAIL SVCS	473477
FISERV
75 REMITTANCE DRIVE SUITE 6962	CHICAGO	IL	606756962	DATA PROCESSING	402326
FISERV EFT
PO BOX 60000	SAN FRANCISCO	CA	94160	CARD SERVICES	306828
IC INC
PO BOX 4487	STOCKTON	CA	952040487	MKTG, OPERATIONS SUPPLIES	244841

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	14	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
INCOME FROM LOANS	900099	14404798	14404798
FEES AND CHARGES	524292	5041437	4654376	387061
OTHER INCOME	900099	300522	300522

Field	Value	IRS element (for citing)
Total Program Service Revenue	19746757	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1551894	TotalRevenueColumn
Exclusion	$1,551,894	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	21298651	TotalRevenueColumn
Related Or Exempt Function Income	19359696	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	387061	UnrelatedBusinessRevenue
Exclusion	$1,551,894	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	1531299	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	737302	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	3112505	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2167918	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	510678	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	966026	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	793375	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	708160	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	426846	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	564162	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
PROVISION FOR LOAN LOSS	3083590
ATM	1156543
VISA	757666
ALL OTHER EXPENSES	593667

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	17109737	Total

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	47317550	BOY
EOY	40126984	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	160594702	BOY
EOY	155456274	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	10573900	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	4890252	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	5741948	BOY
EOY	5683648	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	86330931	BOY
EOY	121237515	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	3390112	BOY
EOY	4028234	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	303375243	BOY
EOY	326532655	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	7263340	BOY
EOY	7603939	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	11528732	BOY
EOY	11947343	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	207377184	BOY
EOY	224291082	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	226169256	BOY
EOY	243842364	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	77205987	BOY
EOY	82690291	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	77205987	BOY
EOY	82690291	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	303375243	BOY
EOY	326532655	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	4188914	ReconcilationRevenueExpenses
Reconcilation Other Changes	1295391	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Political Expenditures	10400	PoliticalExpenditures
Amt Of Internal Funds Contributed	10400	AmtOfInternalFundsContributed
Total Exmpt Function Expenditures	10400	TotalExmptFunctionExpenditures
Form1120 Pol Filed	1	Form1120PolFiled

Sec527 Pol Orgs Sec527PolOrgs (7 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	Amt Pd From Internal FundsAmtPdFromInternalFunds
BILL BERRYHILL FOR ASSEMBLY 2012 - COMMITTEE ID# 1334919
4803 SISK RD STE 201	SALIDA	CA	95368	3900
CARLOS VILLAPUDUA FOR SUPERVISOR - COMMITTEE ID #1296548
PO BOX 1282	STOCKTON	CA	95201	500
LARRY ORNELLAS FOR SUPERVISOR #1342824
20749 S LAMMERS ROAD	TRACY	CA	95304	500
RUHSTALLER FOR SUPERVISOR # 1280378
18 E SONOMA AVE	STOCTON	CA	95204	500
CITIZENS TO ELECT STEVE BESTOLARIDES FOR SUPERVISOR #1300480
PO BOX 2304	STOCTON	CA	95202	500
CCUL - PAC
1201 K ST 1050	SACRAMENTO	CA	95814	3500
CATHLEEN GALGIANI FOR SENATE #1340885
1852 W 11TH ST 348	TRACY	CA	95376	1000

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES:	Identifier
Return Reference	PART I-A, LINE 1:	ReturnReference
Explanation	THE CREDIT UNION MAKES CONTRIBUTIONS TO POLITICAL CAMPAIGNS, MAY WALK DISTRICTS FOR CANDIDATES, AND MAY OFFER CREDIT UNION FACILITIES FOR USE OR PHONE BANK.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtc
Included On FS	1	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1340316	OtherCostOrOtherBasis
Book Value	1340316	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	7972589	OtherCostOrOtherBasis
Depreciation	4299368	Depreciation
Book Value	3673221	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1260995	OtherCostOrOtherBasis
Depreciation	590884	Depreciation
Book Value	670111	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	5683648	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
WESCORP SECURITIES	16355000	F
SECURITIES - AFT	502573	F
SECURITIES - AFS	104379942	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	121237515	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	MEMBER SHARES	Description
Amount	$224,291,082	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	224291082	TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Return Reference	PART IV, LINE 2B:	ReturnReference
Explanation	THE TOTAL VALUE OF ASSETS WHICH THE ORGANIZATION SERVES AS CUSTODIAN IS $11,830,800.46 WHICH IS IRA BALANCES. THE ESCROW ACCOUNT LIABILITY AMOUNT IS $116,453 WHICH IS REAL ESTATE ESCROW/IMPOUND ACCOUNTS.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	1	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
MICHAEL DUFFY
252719	0	200486	0	3476	0	356625	0	30385	0	843691	0	0	0
NORA STROH
155550	0	38601	0	1247	0	124037	0	19705	0	339140	0	0	0
STEVE LEIGA
95590	0	22469	0	1286	0	109659	0	30385	0	259389	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

Return ReferenceReturnReference	ExplanationExplanation
PART I, LINE 1A	FIRST-CLASS TRAVEL - TRAVEL FOR BOARD AND EXECUTIVES WHERE FIRST CLASS TRAVEL IS AN OPTION AND WHEN DEEMED APPROPRIATE. HOWEVER, MOST AIR TRAVEL IS ON SOUTHWEST OR EQUIVALENT. TRAVEL FOR COMPANIONS - COMPANION TRAVEL IS PROVIDED WHEN APPROPRIATE. HEALTH/SOCIAL CLUB DUES - CORPORATE SOCIAL CLUB MEMBERSHIP IS PART OF COMMUNITY AND SMALL EMPLOYEE GROUP (SEG) RELATIONS.
PART I, LINE 4B	PARTICIPATION IN A 457(F) RETIREMENT PLAN - AMOUNTS REPORTED IN PART II, COLUMN C "RETIREMENT AND OTHER DEFERRED COMPENSATION", INCLUDE A SEC 457(F) RETIREMENT PLAN FUNDING. AMOUNTS ARE ACCRUED BUT NOT YET PAID OUT. ACCRUED AMOUNTS ARE AT SUBSTANTIAL RISK OF FORFEITURE AND ARE SCHEDULED TO BE PAID OUT IN FUTURE DISTRIBUTIONS.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
MICHAEL DUFFY
BROTHER OF NORA STROH, COO/EXECUTIVE VP	843691	COMPENSATION PAYMENTS BY THE ORGANIZATION TO A FAMILY MEMBER OF AN OFFICER	0
NORA STROH
SISTER OF MICHAEL DUFFY, PRESIDENT/CEO	339140	COMPENSATION PAYMENTS BY THE ORGANIZATION TO A FAMILY MEMBER OF AN OFFICER	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (10 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
CHANGES IN PROGRAM SERVICES	FORM 990, PART III, LINE 3	SHORT TERM SHARE CERTIFICATES (3, 6, AND 12 MONTH) WERE DISCONTINUED DUE TO THE LOW INTEREST RATE ENVIRONMENT.
	FORM 990, PART VI, SECTION A, LINE 2	THE PRESIDENT/CEO, MICHAEL DUFFY, AND THE COO/EXECUTIVE VP, NORA STROH, ARE SIBLINGS.
	FORM 990, PART VI, SECTION A, LINE 6	THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS.
	FORM 990, PART VI, SECTION A, LINE 7A	MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE.
	FORM 990, PART VI, SECTION A, LINE 7B	MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR.
	FORM 990, PART VI, SECTION B, LINE 11	A COPY OF THE RETURN IS REVIEWED BY THE CEO AND CFO PRIOR TO FILING. COPIES ARE PROVIDED TO THE BOARD FOR COMMENT PRIOR TO FILING. PRIOR TO 2008, A GROUP RETURN WAS COMPLETED AND FILED BY CALIFORNIA CREDIT UNION LEAGUE AND CALIFORNIA DEPT OF FINANCIAL INSTITUTIONS.
	FORM 990, PART VI, SECTION B, LINE 12C	MONITORED THROUGH TRAINING AND POLICY REVIEW.
	FORM 990, PART VI, SECTION B, LINE 15	PERFORMANCE BASED. COMPENSATION SURVEYS ARE USED TO SET COMPENSATION LEVELS, AS WELL AS AN INDEPENDENT THIRD PARTY REVIEW AND REVIEW AND APPROVAL OF THE EXECUTIVE BENEFITS COMMITTEE.
	FORM 990, PART VI, SECTION C, LINE 19	CERTAIN DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST. A LOBBY NOTICE IS POSTED IN EACH BRANCH.
CHANGES IN NET ASSETS OR FUND BALANCES:	FORM 990, PART XI, LINE 5:	CHANGE IN FAS 115 UNREALIZED GAIN/LOSS 1,281,006. CHANGE IN REGULAR RESERVES 14,385. TOTAL TO FORM 990, PART XI, LINE 5: 1,295,391.