CCU in the News
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Bus Crash – LAUSD Family Support Fund Donations
April 11, 2014
The Los Angeles Unified Police Officers Association has established an account at CCU called the LAUSD Family Support Fund for donations to the families of the Los Angles Unified School district students who were involved in the bus crash in Northern California on Thursday night.
If you wish to make donations to this fund, you may do so at any CCU branch or by mail with checks made payable to:
LAUSD Family Support Fund
PO Box 29100
Glendale CA 91209-9971
* The donations made to this account may not be tax deductible. Consult you tax advisor. CCU is not a fiduciary for this account.
Notice of Annual Meeting and Slate of Candidates
The Annual Meeting of Members of California Credit Union will be held at the Hilton in Glendale, California at 100 W. Glenoaks Blvd. on April 3, 2014 at 5 p.m. Your attendance and participation are encouraged.
The slate of nominees from the Nominating Committee are as follows. The nominees for Board of Directors are James Figueroa (3-year term), Walton Greene (3-year term) and Victor Hanson (3-year term). The nominees for Supervisory Committee are Pamela Fees (3-year term), Dr. Janalyn W. Glymph (3-year term) and Lawrence Serot (3-year term).
Since the number of nominees and the number of vacancies on the Board of Directors and Supervisory Committee are the same, the Nominating Committee slate of candidates will be elected by acclamation in accordance with California Credit Union’s bylaws.
2013 CCU Scholarship Recipients
The winners of CCU's 2013 Scholarships are:
Lesem Puerto, Libra Academy of Linda Marquez High School
Kelly Mendoza, John Muir High School
Adriana Ramirez, Downey High School
Haeeun Jee, Cleveland High School
Adam Villalpando, Morningside High School
Wendy Medina, Godinez Fundamental High School
Amiah Sheppard, St. Mary's Academy
Giancarlo Giron, San Pedro High School
Pavin Trinh, Gabrielino High School
Brian Farr, Monrovia High School
CCU sponsors LAUSD district vans
California Credit Union is participating in LAUSD's district vehicle sponsorship program. CCU has advertisements on 27 LAUSD vehicles that travel throughout LA, promoting our products and brand to members and prospects in the community. The program supports LAUSD's general fund, which needs help due to budget cutbacks. Chief Marketing Officer Ron Stratman (right photo) was on hand to see the vans off on their first day of CCU sponsorship.
Announcing the Recipients of CCU's 8th Annual Scholarship Program!
Congratulations to the 2012 Annual Scholarship Program recipients!
Mai Nishishiba, West High School
William Escobar, Santa Monica High School
Andrew A Barajas, Monrovia High School
Veronica Gonzalez, North High School
Christine Phan, North Hollywood High School
James Cramer, Los Angeles City College
Eli Moreno, King Drew Medical Manget High School
Danielle Herrera, San Pedro High School
Caitlin Zellers, Palos Verdes High School
David L Wang, Palos Verdes Peninsula High School
Notice of Annual Meeting and Procedures for Nomination
The Board of Directors announces to all Credit Union members that elections for the following positions will be held at the Credit Union’s annual meeting on April 5, 2012 at 5 p.m. at the Hilton in Glendale, California at 100 W. Glenoaks Blvd.
Board of Directors: Supervisory Committee:
Two (2) positions, three-year terms Two (2) positions, three-year terms
The Nominating Committee will submit a list of nominees to the Board of Directors and the membership. If you would like to be considered as an unpaid volunteer on the Credit Union’s Board of Directors or Supervisory Committee, you may contact the Nominating Committee through Sandy Serpas, Executive Administrative Manager, at (800) 334-8788, ext. 5501. The deadline to submit information to the Nominating Committee is January 27, 2012.
Nominations for office may also be made by petitions signed by no less than 100 members. A biographical summary of 250 words or less and a Candidate Certification form must accompany the petition. All petitions must be received by midnight, February 3, 2012. Members may obtain these forms and further information by contacting Sandy Serpas, Executive Administrative Manager, at (800) 334-8788, ext. 5501.
Dr. Clifford H. Allen, 1914-2011
Beloved and respected former Board Member Dr. Clifford Allen passed away on Saturday, August 13th at the age of 97. Dr. Allen made many contributions to CCU in his time on the board from 1967-2007 and in his five terms as Board Chairman. During his tenure as Board Chairman, the Board adopted the first operational budget, initiated share draft accounts, and opened the Credit Union’s first branch office. The entire CCU family sends our deepest condolences to Dr. Allen’s family including longtime care-givers Maria and Veronica Marquez.
2011 CCU Scholarship Recipients
Congratulations to the 2011 College Scholarship recipients:
Abigail M.Zepeda -- San Pedro High School
Oliver R. Hegge -- San Pedro High School
Shunese L. Coran -- King Drew Magnet High School
Evelin Dominguez -- Belmont High School
Kevin M. Choi -- Van Nuys High School
Jeremy A. Labertew -- Burbank High School
Maria E. Colindres -- El Rancho High School
Maria Peltekova -- Palos Verdes Peninsula High School
Arlene Galarza -- Duarte High School
Ariel J. Hawley -- Palos Verdes High School
Congratulations to the 2010 Scholarship Recipients:
Lauren E. Ferree, Palos Verdes HS
Danna Melissa Tamayo, Carson HS
Stephanie Medina, Benjamin Franklin HS
Pamela A. Akametalu, King/Drew Medical Magnet HS
Chelsea M. Palmer, Santa Monica HS
John A. Madrigal, El Camino College
Elmer A. Siguenza Hernandez, John H Francis Polytechnic HS
Chabree N. Thompson, King/Drew Medical Magnet HS
Sandie Villanueva, John H Francis Polytechnic HS
David Vong, Abraham Lincoln HS
California Credit Union Recognized for Emergency Payroll Relief Efforts - CCU was recently acknowledged by the Louise Herring Philosophy in Action Award Program for their Emergency Payroll Relief Program. The credit union was honored with a second place award for the program, which financially aided educators during the Los Angeles Unified School District (LAUSD) payroll crisis in early 2007. The Louise Herring Award recognizes credit unions that demonstrate an extraordinary service to their members, above and beyond day-to-day operations.
During the 2007 payroll crisis tens of thousands LAUSD employees, primarily teachers, were paid incorrectly. Employees were either overpaid, underpaid or received no payment at all.
The credit union developed the relief program, which provided a variety of loan options to members including: a zero percent APR Payroll Bridge Loan up to $1,000, a five percent APR Personal Loan up to twice the monthly salary with no payments for 60 days, a Skip-a-Pay program allowing employees to skip two consecutive payments on existing loans, and No Fees for Payday Delays where the credit union reversed charges on returned checks due to the improper payments.
In addition to relief loan options, credit union representatives also visited the LAUSD payroll centers and provided one-on-one financial literacy counseling.
"Being able to provide superior service is important, but being able to make a difference in our member's lives and community is inspiring. Our emergency relief loan programs were formed specifically to alleviate the stress of the payroll crisis. In times of need it is important that our credit union evaluate how we can make a difference," states California Credit Union CEO, Ron McDaniel. For more information about the Louise Herring Award Philosophy in Action Award, contact Chris Kerecman at (818) 291-5526.
California Credit Union Underwrites Teacher of Year Program Honoring Los Angeles Area Teachers - Sixteen educators from Los Angles County were recognized as Teachers of the Year recently at a luncheon organized by the Los Angeles County Office of Education and underwritten by California Credit Union. The Los Angeles-based credit union has provided more than $150,000 in corporate funding over the past 4 years in support of the County's teacher recognition program. The credit union supports the annual program by participating in the selection process, underwriting the annual luncheon, and providing monetary awards for each teacher.
The Teacher of the Year program pays tribute to Los Angeles County's richly diverse teaching force and spotlights top-notch teachers in the community's education system.
Teachers are selected and evaluated based on professional growth, commitment to education and overall leadership skills. "The credit union is proud of the educational community in our region. This event is particularly special because it recognizes the exceptional work of educators who mentor and foster a positive learning environment for our youth. We congratulate all awardees," states California Credit Union CEO, Ron McDaniel. For more information about California Credit Union's participation in the Teachers of the Year program, contact Chris Kerecman at (818) 291-5526.
Kathie Yonemura is a recipient of the Teacher of the Year award for 2008-2009. She has been teaching for 21 years and is currently a 4th grade teacher at Hesby Oaks School.
Carol Shaw is a recipient of the Teacher of the Year award for 2008-2009. She has been teaching for 25 years and is currently a 2nd grade teacher at El Portal Elementary School in the Lowell Joint School District.
California Credit Union Increases Number of Annual Scholarships to 75 - California Credit Union (CCU) is pleased to announce the fourth annual college scholarship program for graduating high school seniors in Los Angeles County schools and for students of Los Angeles County community colleges that are transferring to a 4-year college. In recognition of our 75th anniversary, the credit union will award $1,000 scholarships to 75 deserving students to help them defray the expenses of a college education.
"Begun in 2005, the California Credit Union College Scholarship Program has been a great success", CCU Board Chairman Jimmy Figueroa noted. "And, this year, to acknowledge our 75 years of service to the educational community, we have increased the number of scholarships available to 75. We are proud to provide additional opportunities to students as they continue their pursuit of higher education."
Scholarships are open to any California Credit Union member who is a graduating high school senior. Scholarships are also open to non-members who are graduating high school seniors in Los Angeles County or any Los Angeles County community college student transferring to a 4-year college. Applicants must have a minimum GPA of 3.0 and must attend an accredited college or university in 2008. Applications must be received no later than March 31, 2008. Awards will be announced no later than 5 p.m. on May 15, 2008.
Applications are available at any CCU branch or online at www.californiacu.org.
Since being chartered 75 years ago by a small group of Los Angeles teachers, the education-related community has built California Credit Union into a billion-dollar federally insured financial institution. CCU is a not-for-profit financial services institution serving nearly 75,000 members with 11 convenient branch locations throughout Los Angeles County. Membership is open to schools, school-related organizations and individuals in the California private and public education community. More information about CCU is available by calling (800) 334-8788 or by visiting our website at www.californiacu.org.
Visit the scholarship page
New Phishing Scam
Visit our Fraud Prevention Tips Page
Yet another new identity theft scheme is targeting credit union customers across the country. In the latest scam, spoof e-mails are directing credit union members to call a telephone number and confirm their personal information. The scam immediately disarms consumers by specifically warning about similar schemes.
One recently circulated e-mail reads:
Dear Credit Union Customer,
We regret to inform you that we have received numerous fraudulent emails which ask for personal account information. The emails contained links to fraudulent pages that looked legit. Please remember that we will never ask for personal account information via email or web pages. Because of this we are launching a new security system to make credit union accounts more secure and safe. To take advantage of our new consumer identity theft protection program we had to deactivate access to your card account. To activate it please call us immediately.
The e-mail provides a telephone number with a U.S. area code, adding to its air of legitimacy. In an especially brazen move, the e-mail offers identity theft tips and links to the Federal Trade Commission's identity theft prevention website. This is a type of fraud called "phishing," and the goal is to gather personal information and passwords. If you receive an e-mail from CCU that asks you to update your personal information, do not follow the link or call the phone number. CCU will never ask for your personal information via e-mail. More information about phishing is available at the Federal Trade Commission's website, www.ftc.gov, or at www.antiphishing.org.
Dr. Clifford Allen Retires from California Credit Union Board of Directors After 40 Years of Service - After serving as a volunteer with California Credit Union (CCU) for more than 40 years, Dr. Clifford Allen has announced his retirement from the CCU Board of Directors. Dr. Allen served as a member of the CCU Supervisory Committee from 1967 to 1973. Since 1973, Dr. Allen has been a member of CCU's Board of Directors, holding several positions, including Chairman of the Board. Dr. Allen helped lead a series of initiatives that made it possible for California Credit Union to provide educators throughout California with exceptional financial services. Dr. Allen was officially recognized with a luncheon honoring his retirement for his many years of leadership and dedication, at which time the Board officially designated Dr. Allen a "Director Emeritus."
California Credit Union North Hollywood Branch Holds Grand Opening Celebration - California Credit Union's (CCU) North Hollywood branch held a Grand Opening celebration for its members on Thursday, Oct. 25. The new branch, located at 11331 Camarillo St., was officiated by CCU Board Chairman Dr. Francis Nakano, CCU President & CEO Ron McDaniel and CCU North Hollywood Branch Manager Shabnam Daei. Members enjoyed refreshments and giveaways while mingling with CCU employees and volunteers. The crowd enjoyed a serenade from a chorus of 66 Maurice Sendak Elementary School students. During the event, CCU was honored to receive a certificate presented by Karo Torossian, a representative from Glendale Assembly Member Paul Krekorian's office. CCU was also pleased to accept a certificate presented by Alice Ramirez Roth, a representative from Los Angeles City Council Member Tom LaBonge's office. At the conclusion of the grand opening event, the Maurice Sendak Elementary School was picked by random drawing to be the winner of $1,500 in the CCU School Sweepstakes. School Principal Nancy Kyoko Oda was on hand to accept the donation. One lucky member also received a new plasma television in CCU's Member Sweepstakes.
CCU's North Hollywood Branch grand opening was held Thursday, October 25th, 10:00 a.m. - 11:00 a.m. The branch is located at 11331 Camarillo St., #B, North Hollywood, CA 91602.
LAUSD Superintendent's Meeting
The LAUSD Superintendent's meeting was held Friday, August 24th at the Los Angeles Convention Center. California Credit Union enjoys sponsoring the Superintendent's meeting because it is such a great way to begin the new school year!
One of 10 $100 gift card winners - Luz Cotto, LAUSD Local District 5, Administrator, Instructional Support Services.
Ron McDaniel (CCU President/CEO), Marvel Ford (1st VP of Business Development) and Jack O'Connell (California State Superintendent of Public Instruction)
CCU's North Hollywood branch is now open and located at 11331 Camarillo St., #B, North Hollywood, CA 91602.
California Credit Union Unveils New Logo and Tagline
Glendale, CA (Aug. 1, 2007) -- California Credit Union (CCU) unveiled its new logo and tagline at a ceremony at the CCU corporate headquarters in Glendale. The new logo and tagline illustrate CCU's partnership with the education community. CCU was formed by educators in 1933 and continues to help improve the financial future of teachers, students, alumni and others affiliated with the education community. Chairman of the Board Dr. Francis Nakano said, "We knew what we wanted - a logo that would instantly identify us to the public as being part of the education community. We asked working educators to help us identify a design and tagline that would effectively accomplish that goal. The result is the new logo and tagline. We are proud of it, and we are proud of what it means." Since being chartered more than 75 years ago by a small group of Los Angeles teachers, the education community has built California Credit Union into a billion-dollar federally insured financial institution. CCU is a not-for-profit financial services institution serving nearly 80,000 members with 10 convenient branch locations throughout Los Angeles County. Membership is open to schools, school-related organizations and individuals in the California private and public education community. More information about CCU is available by calling (800) 334-8788 or by visiting californiacu.org.
Photo Credits: CCU Supervisory Committee, CCU President/CEO Ron McDaniel, CCU Board of Directors, and CCU Chief Marketing Officer Ron Stratman (L-R) Lawrence Serot, Walton Greene, Surviva Mendoza, Ron McDaniel, Reginald T. Murphy, Scott Svonkin, Francis Nakano, Clifford H. Allen, Frederic V. Nigro, James A. Figueroa, E. Ted Fujimoto, Ron Stratman
CCU Sponsors Green Ambassadors Trip to Brazil
California Credit Union proudly sponsored a raffle benefiting Environmental Charter High School's Green Ambassadors, who journeyed with eight inner-city students to Brazil to study wildlife, culture and language. The Green Ambassadors empower youth to be agents of change in their schools, communities and the world through hands-on environmental education. Student participants learn about bio-diesel, plastic pollution, organic food and international conservation, and are then required to share their knowledge with others. The lives of these students have been transformed as they grow into leaders, presenting their knowledge to schools and community partners. To ensure that environmental education and adventure continues to be available to the youth of Los Angeles, the Green Ambassadors is proudly seeking sponsorship. Visit http://greenambassadors.org for more information.
West Los Angeles Branch Holds Open House Celebration
Los Angeles, CA (May 15, 2007) - California Credit Union's (CCU) West Los Angeles branch held an Open House celebration for its members on Tuesday, May 15. The newly remodeled branch, located at 2215 Westwood Blvd., was officiated by CCU President & CEO, Ron McDaniel and Ron Adams, CCU West LA Branch Manager. Members enjoyed refreshments and giveaways while mingling with CCU employees and volunteers. CCU awarded $1,500 to the Cienega Elementary School, the winners of CCU's School Sweepstakes. A $500 donation was also made to the school as part of the Adopt a School program. A donation was also made to benefit the District 3 - 1st Annual College Fair; District 3 Assistant Superintendent Barbara Sandusky was on hand to accept the donation. At the end of the ceremony, one lucky winner received a $1,500 Best Buy gift certificate in CCU's Member Sweepstakes.
Photo Credits: group photo from the left - Kandice McLurkin, Principal Cienega Elementary; Barbara Sandusky, LAUSD District 3 Assistant Superintendent; Ron McDaniel, CCU President/CEO; Ron Adams, CCU West LA Branch Manager; Greta Lewis, West LA Assistant Branch Manager; Ken Douglas, West LA Supervisor; CCU member; Dr. Francis Nakano, CCU Board Chairman
Going to Bat For Our Kids
(April 28, 2007)
The 2007 Pasadena Educational Foundation (PEF) Softball Tournament was a home run! Teams from local corporations, community organizations, and Pasadena Unified School District (PUSD) teachers and Superintendent had fun while raising needed funds for the PUSD's athletic facilities at PEF's third annual "Going to Bat for Our Kids" softball tournament at Brookside Park on April 28, 2007.
California Credit Union employees participate in the PUSD "Going to Bat for Our Kids" Softball Tournament
California Credit Union Receives Corporate Donor of the Year Award
Inglewood, CA (March 9, 2007) - The Inglewood Unified School District (IUSD) recently awarded the Corporate Donor of the Year award to Mary Nathan, California Credit Union (CCU) Inglewood Branch Manager. CCU has made major donations to the Inglewood Educational Foundation to fund student scholarships, educational programs and teacher orientations. CCU was also a major sponsor of the 6th Annual Inglewood Educational Foundation Golf Tournament. In addition, CCU has donated funds and giveaways to area schools.
California Credit Union Pasadena Branch Holds Member Appreciation Celebration
Pasadena, CA (February 22, 2007) - California Credit Union's (CCU) Pasadena branch held a "We Appreciate You" celebration for its members on Thursday, February 22. The newly remodeled branch, located at 95 South Lake Avenue, was officiated by CCU President & CEO, Ron McDaniel and Anett Hill, CCU Pasadena Branch Manager. The branch was packed with local teachers, parents, students and other school representatives. CCU awarded $1,500 to the special education students at John Muir High School, the winners of CCU's "We Appreciate You" School Sweepstakes. A $1,200 donation was also made to Oak Knoll Center Day Treatment Program; Oak Knoll Principal Gloria Clay was on hand to accept the donation. CCU gave an additional donation to sponsor the Pasadena Educational Foundation's 3rd annual "Going to Bat for Our Kids" softball tournament. At the end of the ceremony, one lucky winner received a $1,000 Montrose Travel gift certificate in CCU's "We Appreciate You" Member Sweepstakes.
California Credit Union Announces Third Annual College Scholarship Program
Glendale, CA (1/18/07) - California Credit Union (CCU) is pleased to announce the third annual college scholarship program for graduating high school seniors in Los Angeles County schools and for students of Los Angeles County community colleges that are transferring to a 4-yearcollege. The credit union will award $1,000 scholarships to 35 deserving students to help them defray the expenses of a college education.
"Begun in 2005, the California Credit Union College Scholarship Program has been a great success, CCU President and CEO Ron McDaniel noted. For the first time, students of any Los Angeles County community college moving to a four-year institution now qualify for the program. We are proud to have this opportunity to support these students in their continued pursuit of higher education."
Scholarships are open to any graduating high school senior in Los Angeles County or any Los Angeles County community college student transferring to a 4-year college. Applicants must have a minimum GPA of 3.0 and must attend an accredited college or university in 2007. Students do not need to be current members of CCU. Applications must be received no later than Saturday, March 31, 2007. Awards will be announced no later than 5 p.m. on Tuesday, May 15, 2007. Applications are available at any CCU branch or online at www.californiacu.org.
New Saturday Telephone Service Center Hours
CCU has made banking even more convenient by offering new Saturday Telephone Service Center hours. You can now reach us at (800) 334-8788, Monday - Friday from 8 a.m. to 7 p.m. and Saturday from 9 a.m. to 2 p.m.