Work-in-progress version of SherPa. Work-in-progress version of SherPa.
Arizona
Last updated on 2018-11-01
General
not credit union specific
- Officer Loan Status
- Yes
- Officer Loan Comment
- Enumerated power
- Officer Loan Statute
- ARS § 10-3302(12)
Credit Union Information
- Split Dollar Process
- Allowed*
- Split Dollar Comment
- *But need opinion letter from independent attny
- Parity Process
- Allowed
- Parity Comment
- Automatic, but contact S&P re: current interpretation
- Parity Statute
- —
- Alternative To Parity Request
- —
- CDA Status
- Likely OK
- CDA Comment
- Under parity and investments ARS § 6-577(A)(9) (regarding investments).
- Director Compensation Status
- Compensation okay. Insurance is not considered compensation.
- Director Compensation Statute
- A.R.S § 6-533
- Credit Union Regulator
- https://dfi.az.gov/
State Chartered Credit Unions
16 credit unions chartered in Arizona
| Name | Charter Number | CEO | Total Assets | Net Worth | CA SD | Concentration |
|---|---|---|---|---|---|---|
| COCHISE | 60151 | Shelley Thompson | $57,700,851 | $7,588,599 | $0 | 0% |
| ALHAMBRA | 60165 | Edward Moraga | $35,306,872 | $2,897,124 | $0 | 0% |
| SAN TAN | 60651 | Judy Auvil | $10,183,263 | $611,307 | $0 | 0% |
| ONEAZ | 61315 | Kim Reedy | $3,139,353,649 | $240,175,934 | $0 | 0% |
| ARIZONA CENTRAL | 62881 | GREG HARDEN | $761,074,174 | $58,880,817 | $3,758,750 | 6.38% |
| LANDINGS | 62937 | Brian Lee | $264,101,672 | $18,269,654 | $0 | 0% |
| WINSLOW SANTA FE | 63627 | Stephanie Armstrong | $17,925,894 | $1,113,965 | $0 | 0% |
| TRUWEST | 63832 | Alan Althouse | $1,557,370,532 | $149,837,019 | $0 | 0% |
| FIRST AMERICAN | 64412 | Phil Peters | $112,607,530 | $6,726,815 | $0 | 0% |
| TUCSON OLD PUEBLO | 66116 | Vernon Babilon | $210,857,730 | $15,225,363 | $0 | 0% |
| CREDIT UNION WEST | 68421 | Karen Roch | $1,106,939,666 | $103,118,829 | $0 | 0% |
| FIRST | 68444 | Jay Curtis | $683,104,302 | $56,426,401 | $8,795,200 | 15.59% |
| COPPER STATE | 68502 | Robert Scott | $625,226,168 | $44,956,909 | $0 | 0% |
| VANTAGE WEST | 68558 | Sandra Sagehorn-Elliott | $2,606,155,041 | $281,805,977 | $0 | 0% |
| AMERICAN SOUTHWEST | 68567 | Jay Williamson | $347,686,986 | $30,605,802 | $2,695,684 | 8.81% |
| DESERT FINANCIAL | 68713 | Jeffrey Meshey | $8,374,092,799 | $825,074,318 | $0 | 0% |