CHAIR’S

REPORT

YOUR MONEY

BUILDING GOD’S KINGDOM

Provided over $147 MILLION in new Church, Home, and Auto Loans

Over $250,000 Donated for National and Global Missions Projects

GOD-HONORING SERVICE FOR OVER 60 YEARS In this season of uncertainty in our society, I am pleased to report that the mission and strength of Christian Community Credit Union is sound, solid, and impactful. In 2019, we put our members’ money to work by loaning 95% of deposits back to our members. We helped advance God’s Kingdom by providing churches and ministries with affordable loans so they can build new churches, expand existing facilities, and thrive in their calling to serve God through His people. With the money ministries save, they can redirect funds to other ministry projects locally, nationwide, and around the globe. And, when members purchase or refinance their home, buy a vehicle, or earn a higher rate on their money, we’re helping them save more and earn more, so they can give more.

Christian Community Credit Union is strong-not just in finance, but also in generosity. The Credit Union is one of the largest faith-based credit unions in the United States and is ranked in the top 8.5% of all credit unions in the country. More significantly, the Credit Union’s impact can be seen through our donation of nearly $5 million dollars to date to missions and ministries through our “Cards that Give to Missions.” In addition, we’ve awarded nearly $1 million through our “Scholarships for Success” Program. Our members can have a sense of personal satisfaction knowing that when they choose to put their money in the Credit Union, or use their missions-giving card for purchases, they’re making a positive difference in the lives of others.

For over 60 years, the Credit Union has faithfully served the financial service needs of our members. I am deeply grateful for our hardworking staff, who continue to serve our members in an excellent manner. I also want to thank all our members for their valued trust, partnership, and the opportunity to provide God-honoring service.

Above all, I’m pleased to report that the financial health of the Credit Union is exceptional. On behalf of the Board and Supervisory Committee, we are committed to living out the principles of Proverbs 3:5-6:

“If you want favor with both God and man, and a reputation for good judgment and common sense, then trust the Lord completely…In everything you do, put God first, and He will direct you and crown your efforts with success.” (Living Bible)

Michael PateBOARD CHAIR

Donated over $4.9 MILLION to Date through the Cards that Give to Missions Program

$84,500 Awarded to Students through “Scholarships for Success” Program

Lord, all that we have accomplished you have done for us.” Isaiah 26:12b NIV“

1. 94.58 percent of the shares are loaned to Christian Community Credit Union members.2. The Allowance for Loan Losses is a reserve set aside to absorb Loan Losses we may experience.3. Net worth to Assets is 13.10%.

2019

ASSETS 2018 2019Loans to Individual Members(1) $292,972,632 $310,822,857Loans to Ministry Members(1) 254,335,942 254,424,851Allowance for Loan Losses(2) -3,976,965 -3,314,480Cash & Investments 92,148,983 111,004,491Land & Building, Fixed Assets (net) 6,906,828 6,757,907ASI Share Insurance Deposit 7,240,215 7,149,782Other Assets 7,292,360 7,487,035

Total Assets $656,919,995 $694,332,443

LIABILITIES 2018 2019Accounts Payable $500,575 $515,403Notes Payable 15,012,822 –Other Liabilities 5,215,767 5,261,037

Total Liabilities $20,729,164 $5,776,440

MEMBER SHARES 2018 2019Savings Accounts $74,091,788 $76,647,069Money Market Accounts 136,248,905 130,281,183Share Certificates 160,251,074 195,913,831Individual Retirement Accounts 31,255,089 32,275,501Checking Accounts 148,122,715 162,493,099

Total Member Shares $549,969,570 $597,610,683

EQUITY 2018 2019Regular Reserves $33,131,685 $34,064,380Undivided Earnings 53,089,576 56,880,941

Total Capital(3) $86,221,262 $90,945,321

Total Liabilities, Member Capital & Equity $656,919,995 $694,332,443

STATEMENT OF INCOME & EXPENSES 2018 2019Income $30,253,942 $30,518,899Expenses -21,619,331 -20,983,947Dividends and Interest Payable -3,222,656 -4,810,893

Net Income to Reserves & Undivided Earnings $5,411,955 $4,724,059

GROWTH IN CAPITAL(Millions)

1975

$1

$40

$5

$73

$91

$15

$165$81

$429

GROWTH IN ASSETS(Millions)

1975 1995

1995

1985

1985

2005

2005

2015

2015

2019

2019

$694

YOUR MONEY AT WORK

currently loaned to members of the Christian Community Credit Union family: pastors,

church members, family members, churches,

and ministries.

$565 Million

Ministry / Business Loans

45%

Individual /Consumer Loans

55%

STATEMENT OF

FINANCIAL CONDITION

$624

$18

Financial Solutions for Individuals & Families

4Checking, Savings, Certificates, & Money Market Accounts

4Online/Mobile Banking with Bill Payer

4Student Advantage Banking

4Investments and IRAs

4Credit Cards that Give to Missions & Earn Rewards

4Home and Auto Loans

4Equity Loans and Lines of Credit

4Nationwide Shared Branches & ATMs

4GreenPath Financial Wellness Program

OUR MISSION STATEMENT

Our mission is to partner with members and ministries to help them become better stewards and achieve their financial goals.

OUR VISION STATEMENT

Making a Positive Difference

BOARD OF DIRECTORS

Michael Pate, Chair

Dale Torry, Vice Chair

Richard Bee, Secretary

Catherine Barrett, Treasurer

Thomas Matlock, Member

SUPERVISORY COMMITTEE

Mark Bargaehr, Chair

David Barton, Member

Cheryl Gardner, Member

800.347.CCCU (2228)info@myCCCU.commyCCCU.com

Corporate Office255 N. Lone Hill Ave., San Dimas, CA 91773

Branch Office101 S. Barranca Ave., Covina, CA 91723

CO-OP Shared Branch 5,600+ Shared Branches nationwide

CO-OP ATM Network29,000+ Free ATMs nationwide

San Dimas Corporate Office

Financial Solutions for Ministries

4Checking

4Online Cash Management

4Remote Deposit Program

4Savings, Certificates, & Money Market Accounts

4Corporate Credit Cards

4ACH and Wire Services

4Merchant Banking (accepting credit cards)

Loans for:4Purchase

4Construction/Expansion

4Refinance

4Lines of Credit

Each account is insured up to $250,000. By members’ choice, this institution is not federally insured.