2023-11-02T15:52:46-05:00 2022-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2022-01-01 951818041 CREDIT UNION OF SOUTHERN CALIFORNIA CRED 5626988326 8101 EAST KAISER BLVD 300 ANAHEIM CA 92808 KATSU DURST CFO 5626988326 2023-11-02 1 KATSU DURST 999009999 1 VALENTINO CREUS CPA P01054153 8189549700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVE GUNDERSON 8101 EAST KAISER BLVD 300 ANAHEIM CA 92808 138258216 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 9 375 16 1321602 0 0 0 77152302 100530016 12775787 19526275 632723 153914 90560812 120210205 597426 532973 0 0 36875915 39318895 0 0 0 30700557 54447192 68173898 94299060 22386914 25911145 2246765154 2582085802 2034015492 2477074891 212749662 105010911 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 25644 0 1 375 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 SUITE 300 ANAHEIM CA 92808 ROBYN BJORKLUND CHAIRPERSON 1.00 X 1657 0 0 CHRIS GEORGE VICE CHAIRPERSON 1.00 X 1848 0 0 ELIZABETH CAMP TREASURER 1.00 X 1662 0 0 JOHN ROSENBERGER SECRETARY 1.00 X 2622 0 0 PAUL MOORE DIRECTOR 1.00 X 4088 0 0 DAWNNA LAWRENCE DIRECTOR 1.00 X 1652 0 0 DONA MOSELEY DIRECTOR 1.00 X 959 0 0 GIL RODRIGUEZ DIRECTOR 1.00 X 1560 0 0 CHRIS STONE DIRECTOR 1.00 X 4460 0 0 CONNIE ZAPPONE DIRECTOR 1.00 X 624 0 0 JUDY MILLER SUPV CMTE CHAIRPERSON 1.00 X 0 0 0 GREG KELLEY SUPV CMTE MEMBER 1.00 X 1821 0 0 ED PAUL SUPV CMTE MEMBER 1.00 X 758 0 0 ROSIE ROBINSON SUPV CMTE MEMBER 1.00 X 1483 0 0 BOB TOOHEY SUPV CMTE MEMBER 1.00 X 0 0 0 DAVE YAMASHITA SUPV CMTE MEMBER 1.00 X 1486 0 0 DAVE GUNDERSON PRESIDENT/CEO 40.00 X 3186545 0 50845 KATSU DURST CFO 40.00 X 379832 0 22698 SUZANNE KISSLAN COO 40.00 X 496450 0 28098 ALISSA GUERRERO CAO 40.00 X 385707 0 42295 MICHELLE HUNTER CCXO 40.00 X 375243 0 65847 KENNETH DOWNS CIO 40.00 X 344184 0 39464 KEVIN PENDERGRAFT ADVISORY 40.00 X 505772 0 11600 PETER PUTNAM SVP TREASURY 40.00 X 350803 0 31738 SEVAN YAKINIAN SVP MBR SVS & PYMT SYSTEMS 40.00 X 259157 0 17210 KATIE MARIE SMITH SVP HUMAN RESOURCES 40.00 X 254320 0 13849 AARON YOUNG SVP BRANCH OPERATIONS 40.00 X 250120 0 23786 MICHAEL CRUZ SVP RISK MANAGEMENT 40.00 X 221622 0 9401 DAREN LINHARES SVP LENDING 40.00 X 200642 0 17417 ERIC DAY SVP BOARD ADVOCACY & STRATEGIC INITIATIVE 40.00 X 160980 0 6465 ORLANDO CEPEIDA COMMERCIAL LOAN OFFICER 40.00 X 429328 0 11600 MICHAEL GENNAWEY PRODUCING PROGRAM MANAGER 40.00 X 381923 0 21491 RYAN GALLO PRODUCING PROGRAM MANAGER 40.00 X 340317 0 40301 PAUL JARIABEK VP ENGINEERING & CISO 40.00 X 239098 0 27197 PATRICIA HOLCOMB VP INFORMATION TECHNOLOGY 40.00 X 227894 0 19085 9016617 0 500387 82 1 1 0 STYSKAL WIESE& MELCHIONE LLP 550 NORTH BRAND BLVD STE 550 GLENDALE CA 91203 ATTORNEY SERVICES 293041 AVTEX SOLUTIONS LLC 3500 AMERICAN BLVD WEST STE 300 BLOOMINGTON MN 55431 VOICE-OVER INTERNET PROTOCOL PROVIDER 182524 US INTERNATIONAL MEDIA LLC 3415 S SEPULVEDA BLVD FLOOR 8 LOS ANGELES CA 90034 MEDIA COMPANY FOR SEARCH ENGINE OPTIMIZA 102089 WORLDWIDE EXPRESS PO BOX 101903 PASADENA CA 91189 CARRIER, MAILINGS 101264 4 INTEREST ON LOANS 522100 59812114 59812114 OTHER OPERATING INCOME 522100 28342467 27439115 903352 FEE INCOME 522100 12375435 11957185 418250 100530016 19266678 19266678 17852200 455408 17833125 214886 19075 240522 259597 259597 GAIN ON SALE OF LOANS 522100 91685 91685 GAIN FROM MERGER 522100 62229 62229 153914 120210205 118888603 1321602 0 532973 9016617 22825834 1706557 3474891 2294996 366805 111212 132074 3052418 1984635 4332317 3112995 3739374 676068 11088822 3514698 LOAN SERVICING EXPENSE 8904297 MERGER EXPENSE 5749622 MISC OPERATING FEES 3330798 PROVISION FOR LOAN & LE 2635608 1715449 94299060 17275212 15561334 240393908 181054307 33318398 32122652 1827821 2661468 61497574 38171073 24788634 23326501 687843757 740145367 1203552685 1533959124 0 3277437 37764739 49977612 2246765154 2582085802 22062592 36027307 2011952900 2441047584 2034015492 2477074891 X 0 0 0 0 212749662 105010911 212749662 105010911 2246765154 2582085802 X 25911145 -137120724 3470828 X X 0 1 X 1 0 15094 15094 15094 1 PORTANTINO FOR SUPERINTENDENT OF PUBLIC INSTRUCTION 1414 K STREET SUITE 250 SACRAMENTO CA 95814 1000 RENDON FOR ASSEMBLY 1017 L STREET SUITE 292 SACRAMENTO CA 95814 500 SABRINA CERVANTES FOR ASSEMBLY 1100 O STREET SUITE 200 SACRAMENTO CA 95814 500 CALIFORNIA CREDIT UNION LEAGUE PAC 2855 E GUASTI ROAD SUITE 202 ONTARIO CA 91761 13094 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 INDIVIDUALS RUNNING FOR STATE ASSEMBLY IN 2022. FOLLOWING ARE THE NAMES, ADDRESSES AND FPPC# OF THE CAMPAIGNS. ANTHONY RENDON 1017 L STREET, SUITE 292 SACRAMENTO, CA 95814 ID#1435367 SABRINA CERVANTES 1100 O STREET, SUITE 200 SACRAMENTO, CA 95814 ID#1435160 THE CREDIT UNION WAS UNABLE TO OBTAIN AN EIN FOR THE FOLLOWING INDIVIDUAL RUNNING FOR SUPERINTENDENT OF PUBLIC INSTRUCTION 2026. FOLLOWING IS THE NAME, ADDRESS AND FPPC# OF THE CAMPAIGN. ANTHONY PORTANTINO 1414 K STREET, SUITE 250 SACRAMENTO, CA 95814 ID#1439623 4779295 4779295 20326593 8285854 12040739 11274954 8311309 2963645 25116732 21573910 3542822 23326501 ALL OTHER INVESTMENTS 14700701 C NET LOANS & LEASES 1493206796 C NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT 20513883 C DEPOSITS IN COMMERCIAL BANKS 5362000 C PAID-IN CAPITAL 175744 C 1533959124 TOTAL SHARES AND DEPOSITS 2141047584 DRAWS AGAINST LINES OF CREDIT 300000000 2441047584 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, 2022, 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) 154675 0 FMV PROVIDE SUPPORT TO THE POOR AND FAMILIES IN NEED. WHITTIER HOST LIONS CLUB PO BOX 245 WHITTIER CA 90608 954583564 501(C)(3) 30000 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 906080468 956096575 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) 25000 0 FMV TO HELP CREATE COMMUNITIES WHERE EVERY PERSON IS INVITED TO GATHER IN WORSHIP, GROW IN A SMALL GROUP, AND TO GO SERVE OUR WORLD. SOUTHERN CALIFORNIA CREDIT UNION ALLIANCE 3748 BAYER AVE LONG BEACH CA 90808 453758253 501(C)(6) 21300 0 FMV TO FOSTER COLLABORATION AMONG CREDIT UNIONS IN ALL AREAS OF CREDIT UNION BUSINESS AND ACTIVITIES. CHILDREN'S MIRACLE NETWORK 205 WEST 700 SOUTH SALT LAKE CITY UT 84101 870387205 501(C)(3) 18200 0 FMV PROVIDE FINANCIAL SUPPORT FOR CHILDREN'S HOSPITALS ACROSS NORTH AMERICA. RIO HONDO COLLEGE FOUNDATION 3600 WORKMAN MILL ROAD WHITTIER CA 90608 954367487 501(C)(3) 17500 0 FMV ASSISTING THE COLLEGE IN MEETING ITS COMMITMENT TO STUDENT SUCCESS, BY PROVIDING AWARDED SCHOLARSHIPS. POMONA CHAMBER OF COMMERCE 101 W MISSION BLVD 218B POMONA CA 91766 951114890 501(C)(6) 9000 0 FMV TO ADVANCE THE COMMERCIAL, INDUSTRIAL, CIVIC, CULTURAL AND GENERAL INTEREST OF THE CITY OF POMONA AND SURROUNDING AREAS. INTERFAITH FOOD CENTER 11819 BURKE ST SANTA FE SPRINGS CA 90670 953889152 501(C)(3) 15000 2500 FMV 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 & GIRLS CLUB OF WHITTIER 7905 GREENLEAF AVE WHITTIER CA 90602 956151763 501(C)(3) 12100 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) 11000 0 FMV SCHOLARSHIP DONATIONS TO CURRENT ENROLLED STUDENTS. TARA'S CHANCE 219 E CLAIRE AVE FULLERTON CA 92835 460941505 501(C)(3) 11000 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) 10400 0 FMV COMMITTED TO PROVIDING SAFETY, SHELTER AND HOPE TO VICTIMS OF DOMESTIC VIOLENCE. TOGETHER WE RISE 580 W LAMBERT RD BREA CA 92821 263043727 501(C)(3) 9000 0 FMV HELPING CHILDREN IN FOSTER CARE. CAPC INC 7702 WASHINGTON AVE WHITTIER CA 90602 954389351 501(C)(3) 8000 0 FMV TO EMPOWER INDIVIDUALS WITH DISABILITIES TO MAXIMIZE THE QUALITY OF THEIR LIVES IN THEIR HOME COMMUNITIES. WORLDWIDE FOUNDATION FOR CREDIT UNIONS 5710 MINERAL POINT RD MADISON WI 53705 396093210 501(C)(3) 7500 0 FMV TO HELP IMPROVE LIVES THROUGH CREDIT UNIONS AND FINANCIAL COOPERATIVES. MURPHY RANCH LITTLE LEAGUE PO BOX 4371 WHITTIER CA 90607 237409697 501(C)(3) 7000 0 FMV 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. POMONA POLICE OFFICERS' ASSOCIATION 490 W MISSION BLVD POMONA CA 91766 956098281 501(C)(5) 7000 0 FMV TO PARTNER WITH THE COMMUNITY AND PROVIDE QUALITY POLICE SERVICE THROUGH COMMUNITY INTERACTION, EMPHASIZING THE HIGHEST DEGREE OF COOPERATION, PROFESSIONALISM AND ETHICAL BEHAVIOR, AND TO CREATE AN ATMOSPHERE OF SAFETY AND SECURITY. WHITTIER AREA CHAMBER OF COMMERCE 8158 PAINTER AVE WHITTIER CA 90602 951371380 501(C)(6) 6000 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. DOWNTOWN POMONA OWNER'S ASSOCIATION 119 W 2ND ST POMONA CA 91766 342045068 501(C)(6) 6000 0 FMV TO PROVIDE SUPPORT FOR THE COMMUNITY IN ENHANCING THE QUALITY OF THE NEIGHBORHOOD AND RESIDENTS. X X X X 1 1 X X X 1 1 0 DAVE GUNDERSON PRESIDENT/CEO 709051 0 389003 0 2088491 0 25509 0 25336 0 3237390 0 0 0 KATSU DURST CFO 265589 0 111723 0 2520 0 22048 0 650 0 402530 0 0 0 SUZANNE KISSLAN COO 335636 0 156614 0 4200 0 19775 0 8323 0 524548 0 0 0 ALISSA GUERRERO CAO 238634 0 143924 0 3149 0 19049 0 23246 0 428002 0 0 0 MICHELLE HUNTER CCXO 245397 0 125389 0 4457 0 18468 0 47379 0 441090 0 0 0 KENNETH DOWNS CIO 244798 0 95015 0 4371 0 20332 0 19132 0 383648 0 0 0 KEVIN PENDERGRAFT ADVISORY 0 0 0 0 505772 0 11600 0 0 0 517372 0 0 0 PETER PUTNAM SVP TREASURY 343167 0 7000 0 636 0 20130 0 11608 0 382541 0 0 0 SEVAN YAKINIAN SVP MBR SVS & PYMT SYSTEMS 195667 0 63137 0 353 0 16560 0 650 0 276367 0 0 0 KATIE MARIE SMITH SVP HUMAN RESOURCES 192846 0 61122 0 352 0 13199 0 650 0 268169 0 0 0 AARON YOUNG SVP BRANCH OPERATIONS 194003 0 55507 0 610 0 15789 0 7997 0 273906 0 0 0 MICHAEL CRUZ SVP RISK MANAGEMENT 198741 0 22500 0 381 0 2422 0 6979 0 231023 0 0 0 DAREN LINHARES SVP LENDING 175260 0 25094 0 288 0 12088 0 5329 0 218059 0 0 0 ERIC DAY SVP BOARD ADVOCACY & STRATEGIC INITI 139826 0 15500 0 5654 0 5815 0 650 0 167445 0 0 0 ORLANDO CEPEIDA COMMERCIAL LOAN OFFICER 68205 0 360963 0 160 0 11600 0 0 0 440928 0 0 0 MICHAEL GENNAWEY PRODUCING PROGRAM MANAGER 38710 0 343181 0 32 0 19014 0 2477 0 403414 0 0 0 RYAN GALLO PRODUCING PROGRAM MANAGER 34961 0 305322 0 34 0 18209 0 22092 0 380618 0 0 0 PAUL JARIABEK VP ENGINEERING & CISO 208923 0 29100 0 1075 0 5863 0 21334 0 266295 0 0 0 PATRICIA HOLCOMB VP INFORMATION TECHNOLOGY 200484 0 24500 0 2910 0 12578 0 6507 0 246979 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 2022 THE FOLLOWING RECEIVED A FINAL PAYOUT FROM THE 457(F) PLAN: DAVE GUNDERSON - $2,081,524.00 DURING 2022, KEVIN PENDERGRAFT (KEY EMPLOYEE) RECEIVED A SEVERANCE PAYMENT. DAVE GUNDERSON OFFICER 1ST MORTGAGE X 3080000 3079615 0 1 1 DAVE GUNDERSON OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 6245000 7306630 0 1 1 DAVE GUNDERSON OFFICER CONSTRUCTION LOAN X 1420000 1420000 0 1 1 SUZANNE KISSLAN OFFICER 1ST MORTGAGE X 602000 527235 0 1 1 SUZANNE KISSLAN OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 5000000 5673278 0 1 1 MICHELLE HUNTER OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 3000000 3402912 0 1 1 KENNETH DOWNS OFFICER 1ST MORTGAGE X 745600 674983 0 1 1 ALISSA GUERRERO OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 2600000 2904216 0 1 1 ALISSA GUERRERO OFFICER 1ST MORTGAGE X 484000 445556 0 1 1 KATSU DURST OFFICER 1ST MORTGAGE X 556000 507313 0 1 1 SEVAN YAKINIAN KEY EMPLOYEE 1ST MORTGAGE X 617000 564111 0 1 1 AARON YOUNG KEY EMPLOYEE 1ST MORTGAGE X 312000 270853 0 1 1 KATIE MARIE SMITH KEY EMPLOYEE 1ST MORTGAGE X 584000 548307 0 1 1 MICHELLE HUNTER OFFICER 1ST MORTGAGE X 647000 630070 0 1 1 KATSU DURST OFFICER FUND PURCHASE OF CASH VALUE LIFE INSURANCE POLICY X 3150000 3201213 0 1 1 ERIC DAY KEY EMPLOYEE 1ST MORTGAGE X 266572 257876 0 1 1 DAREN LINHARES KEY EMPLOYEE 1ST MORTGAGE X 743750 708484 0 1 1 32122652 FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JANUARY 1, 2022, POMONA POSTAL FEDERAL CREDIT UNION MERGED WITH CREDIT UNION OF SOUTHERN CALIFORNIA. POMONA POSTAL FEDERAL CREDIT UNION TERMINATED ITS CHARTER ACCORDINGLY. EFFECTIVE OCTOBER 1, 2022, CALIFORNIA BEAR CREDIT UNION MERGED WITH CREDIT UNION OF SOUTHERN CALIFORNIA. CALIFORNIA BEAR 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 3,470,828. 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 2240 772282 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 154675 FMV