2024-11-07T12:40:58-08:00 2023-12-31 RICHARDS & ASSOCIATES 21520 YORBA LINDA BLVD G-516 YORBA LINDA CA 92887 990 2023-01-01 951715669 UNIVERSITY CREDIT UNION UNIV 3104776628 1500 S SEPULVEDA BLVD LOS ANGELES CA 90025 SERGE RIZK CFO 2024-11-07 true true Richards Associates CPAs P01070543 7142876713 2023 2024-10-15 13:58:12Z X SERGE RIZK 60522723 false X UCU.ORG X 1951 CA NON-PROFIT, STATE CHARTERED, NATURAL PERSON CREDIT UNION, PROVIDE COMPETITVE FINANCIAL SERVICES TO THE MEMBERS OF UNIVERSITY CREDIT UNION. 9 9 188 12 356899 0 37286766 49182981 1302778 1763395 6218356 9576347 44807900 60522723 0 3266468 8590284 13798242 17398988 0 0 20479433 28485531 37544143 54474803 7263757 6047920 1226015965 1165726881 1142366396 1075971960 83649569 89754921 NON-PROFIT, STATE CHARTERED, NATURAL PERSON CREDIT UNION, PROVIDE COMPETITVE FINANCIAL SERVICES TO THE MEMBERS OF UNIVERSITY CREDIT UNION. false false Provided deposit and loan accounts to its 52,100 members. Provided low cost source of credit and low cost financial services to members. Provided source for member savings and checking account needs. false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false true false false false false false false false false false false false false true 15182 5 true 188 true true true false false false false false false false X 9 9 false false false false true true true true true false true true true true true true true true true true true true X SERGE RIZK 8008284510 1500 S SEPULVEDA BLVD LOS ANGELES CA 90025 TUYO DAVID President & CEO 40.00 0.00 X 738256 0 19800 NAGAHASHI ESTELA EVP & Chief Len 40.00 0.00 X 392477 0 17739 RIZK SERGE CFO 40.00 0.00 X 359220 0 17163 SERCU STEVEN P Chief Technolog 40.00 0.00 X 342274 0 19800 DION CHEN TRISTAN Chief Marketing 40.00 0.00 X 270271 0 15100 McDaniel Cory Chief Lending O 40.00 0.00 X 261866 0 15712 Blackburn Pamela Chief People Of 40.00 0.00 X 252356 0 15141 Hendricks Mildred O VP, Finance & A 40.00 0.00 X 245018 0 14725 Chandra Ashish VP, Information 40.00 0.00 X 220426 0 13315 Meyer Diana Chief Risk Offi 40.00 0.00 X 214699 0 10684 MASSIH TONY VP, Commercial 40.00 0.00 X 199421 0 8340 ARAGON PATRICK J VP of Technolog 40.00 0.00 X 186761 0 7225 Deming Dominique VP, Human Resou 40.00 0.00 X 171320 0 10705 BURTON JULIA VP Growth 40.00 0.00 X 155489 0 9492 Sundaram Kalyana Chief Informati 40.00 0.00 X 136696 0 8247 EISENHARD MEGAN Chief Growth Of 40.00 0.00 X 129395 0 6333 LOWE PATRICIA SC CHAIR 1.00 0.00 X 0 0 0 BURRILL PAMELA SC Secretary 1.00 0.00 X 0 0 0 CHASE CHRISTINA SC member 1.00 0.00 X 0 0 0 BALDWIN KEVIN Director 1.00 0.00 X 0 0 0 HOWE LEA Director 1.00 0.00 X 0 0 0 IADEVAIA NORMA BOD Chair 1.00 0.00 X 0 0 0 DENNIS RAY Director 1.00 0.00 X 0 0 0 ROOSA ALEXANDRA Director 1.00 0.00 X 0 0 0 YOUNG KEITH SECRETARY/TREAS 1.00 0.00 X 0 0 0 YZQUIERDO ELIZABETH VICE CHAIR 1.00 0.00 X 0 0 0 YAMASHITA RICHARD Director 1.00 0.00 X 0 0 0 PENA PHILOMEL Director 1.00 0.00 X 0 0 0 Aragon Patrick J AVP, Information Technology 80.00 0.00 0 0 0 4275945 209521 16 false true false Lumin Digital LLC 560 CARILLON PKWY SAINT PETERSBURG FL 33716 Online Banking Solution TRUHOME SOLUTIONS LLC 9601 Legler Rd LENEXA KS 66219 LOAN ORIGINATION & SERVIC VAN WAGNER SPORTS & ENTERTAINMENT LLC 800 THIRD AVENUE - 28TH FLOOR NEW YORK NY 10022 SPONSORSHIPS CORNERSTONE ADVISORS OF ARIZONA LLC 7272 E INDIAN SCHOOL RD Ste 400 SCOTTSDALE AZ 85251 Consultants ENGAGE FI LLC 5550 W EXECUTIVE DR TAMPA FL 33609 Consultants 0 0 Interest income on loans 49182981 49182981 49182981 1763395 1763395 0 0 0 0 0 0 0 Fee income 1132059 953625 178434 Other Non-interest Income 4774303 4774303 Other operating income 3515634 3337169 178465 154351 154351 9576347 60522723 60165824 356899 0 0 0 8590284 4275945 0 13123043 0 0 0 0 0 0 0 0 0 5233733 3341203 3476510 0 0 1660430 621492 0 0 6207445 0 0 0 Provision for Loan Losses 3798323 Misc Operating Expenses 2013702 Loan servicing 1993833 Operating fees 138860 0 54474803 0 0 0 4786558 6725183 30244981 34544069 0 0 1267834 2028850 0 1066195963 1016385244 0 0 25394482 6604462 17678606 18790020 0 0 56345070 45086893 1814721 1703459 47682232 40463163 1226015965 1165726881 12204668 12191223 135500000 140000000 994661728 923780737 1142366396 1075971960 X 83649569 89754921 83649569 89754921 1226015965 1165726881 X 6047920 -1788892 1846324 X false true X true false 6328481 6328481 4430374 3114606 1315768 2094398 708521 1385877 3994574 2529969 1464605 8546655 251366 8295289 18790020 ACL on Off Balance Sheet Credit 6857 IRA/KEOGH ACCOUNTS 18360044 MONEY MARKET SHARES 260324915 Non-Member Deposits 43948000 REGULAR SHARES 276810341 SHARE CERTIFICATES 100076998 SHARE DRAFTS 224253582 923780737 X X X X false false false ARAGON PATRICK J VP of Technolog 161767 24994 7225 193986 Blackburn Pamela Chief People Of 229976 22380 15141 267497 BURTON JULIA VP Growth 141120 14369 9492 164981 Chandra Ashish VP, Information 184649 35777 13315 233741 Deming Dominique VP, Human Resou 155019 16301 10705 182025 DION CHEN TRISTAN Chief Marketing 214069 56202 15100 285371 Hendricks Mildred O VP, Finance & A 213573 31445 14725 259743 MASSIH TONY VP, Commercial 179976 19445 8340 207761 McDaniel Cory Chief Lending O 239423 22443 15712 277578 Meyer Diana Chief Risk Offi 186654 28045 10684 225383 NAGAHASHI ESTELA EVP & Chief Len 307790 84687 17739 410216 RIZK SERGE CFO 295889 63331 17163 376383 SERCU STEVEN P Chief Technolog 278614 63660 19800 362074 TUYO DAVID President & CEO 572814 165442 19800 758056 SERCU STEVEN P Chief Techn 1ST TD REFI X 275000 52743 false true true HENDRICKS MILDRED O VP, Finance HELOC-PR X 12513 7794 false true true Dion ChenTristan Lynn Chief Marke 1st TD 15 Y X 510400 381181 false true true Hendricks Mildred O VP Finance CE New Auto X 45566 23811 false true true Hendricks Mildred O VP Finance 1st TD 30 Y X 657000 610742 false true true Myer Diana VP Payments 1st TD 30 Y X 500000 470456 false true true Tuyo David CEO 1st TD 30 Y X 504000 482123 false true true 2028850 Form 990, Part VI, Section A, Line 6 Most members are students, employees and alumni of any university, college or other higher learning institution in Southern California. Form 990, Part VI, Section A, Line 7b ALL MEMBERS ARE ELIGIBLE TO VOTE AT ANNUAL MEETING FOR ELECTION OF BOARD. Form 990, Part VI, Section B, Line 11b Tax return preparer sends copy of returns to CFO for review and approval. Once approved, tax preparer efiles Forms 990 and CA199. Forms 990T and CA 109 are submitted to appropriate government agencies through postal mail. Tax preparer sends CFO these tax returns. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part XI, Line 9 Increase in accumulated unrealized loss on debt securities = $741020 Form 990, Part XI, Line 9 Increase in other comprehensive income = $1105304