Need more? Try out  Advanced Search (20+ criteria)»

logo

Last Update

This profile was last updated on 5/31/2017 and contains contributions from the  Zoominfo Community.

is this you? Claim your profile.

Wrong Erick Orellana?

Erick R. Orellana

President and Chief Executive Officer

Comunidad Latina Federal Credit Union

HQ Phone:  (714) 754-7675

Email: e***@***.org

GET ZOOMINFO GROW

+ Get 10 Free Contacts a Month

Please agree to the terms and conditions.

I agree to the  Terms of Service and  Privacy Policy. I understand that I will receive a subscription to ZoomInfo Grow at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

THANK YOU FOR DOWNLOADING!

computers
  • 1.Download
    ZoomInfo Grow
    v sign
  • 2.Run Installation
    Wizard
  • 3.Check your inbox to
    Sign in to ZoomInfo Grow

I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Comunidad Latina Federal Credit Union

1317 West Warner

Santa Ana, California,92704

United States

Company Description

Comunidad Latina Federal Credit Union provides the Latino community access to quality financial services. Located in the city of Santa Ana and we are here to help our Members with all of their financial needs, including: Savings Accounts Checking Accounts Sh...more

Background Information

Employment History

Deputy Commissioner

California Department of Business Oversight


Deputy Commissioner of the California Department of Business Oversight, Division of Credit Unions

State of California


President

Western CUNA Management School


Deputy Commissioner Credit Union Division

State of California, Department of Business Oversight (DBO)


Chief Executive Officer

Nikkei America Holdings , Inc


Chief Executive Officer

Southern California Postal Credit Union


Vice President and Office Manager

LBS Financial Credit Union


Branch Manager

San Mateo Credit Union


Branch Manager

ARCO Federal Credit Union


Web References(29 Total References)


thefinancialbrand.com

Erick Orellana, the President and CEO of the Comunidad Latina FCU, says his credit union has opened its doors to immigrants who have been issued an Individual Tax Identification Number (ITIN) by the IRS.
An ITIN enables immigrants without green cards and Social Security numbers to pay taxes, and is generally accepted by banks and credit unions if an individual wants to open a checking or savings account. Low-Interest Alternatives to Payday Loans Orellana says that most institutions aren't likely to accept ITINs for loans or credit cards. As some CFOs might argue, the financial risk increases if the borrower's immigration status is uncertain. Comunidad Latina FCU is different, however. Orellana says his credit union does indeed accept ITIN documentation from its members for securing loans, which accounts for the majority of both its personal and auto lending activity. The largest percentage of Comunidad Latina FCU's lending portfolio is for auto loans, which he said are based on the borrower's FICO score. Rates are competitive with other credit unions. "We treat members the same as any other credit union regardless of their status," said Orellana. He's proud to point out that the losses of his loan portfolio are 0.19% - considerably lower than comparably sized financial institutions which averaged a rate of 0.43% in March 2015. According to Orellana, Comunidad Latina FCU's new loan product emulates the ease and simplicity of a payday loan without the exorbitant interest and the possibility of even greater financial burden if the loan is not repaid on time. "We know our members and we feel confident that they will honor their repayment obligation," said Orellana.


www.cutimes.com

Erick Orellana to Resign from Calif. Regulator Post
Erick Orellana will resign Sept. 30 as deputy commissioner of the California Department of Business Oversight's Division of Credit Unions, the agency said. He served as deputy commissioner since January 2014. The CDBO confirmed Orellana's departure and characterized it as a "personal, professional decision." "The Department wishes Mr. Orellana well as he pursues new opportunities, and he will be missed," the Department wrote in a statement about his departure. Prior to joining the department, Orellana served more than eight years as president/CEO of the $72 million Nikkei Credit Union, in Gardena, Calif., which was founded in 1952 to serve the financial needs of Japanese Americans. He also served for more than four years as president/CEO of the former Southern California Postal Credit Union. Erick Orellana to Resign from Calif. Regulator Post


www.cutimes.com

Erick Orellana will resign Sept. 30 as deputy commissioner of the California Department of Business Oversight's Division of Credit Unions, the agency said.
He served as deputy commissioner since January 2014. The CDBO confirmed Orellana's departure and characterized it as a "personal, professional decision." "The Department wishes Mr. Orellana well as he pursues new opportunities, and he will be missed," the Department wrote in a statement about his departure. Prior to joining the department, Orellana served more than eight years as president/CEO of the $72 million Nikkei Credit Union, in Gardena, Calif., which was founded in 1952 to serve the financial needs of Japanese Americans. He also served for more than four years as president/CEO of the former Southern California Postal Credit Union.


www.nascus.org [cached]

Erick Orellana
Deputy Commissioner, Credit Unions


www.ccul.org

CEO: Erick Orellana
Gardena, CA 90248-3822


Similar Profiles

city

Browse ZoomInfo's Business
Contact Directory by City

city

Browse ZoomInfo's
Business People Directory

city

Browse ZoomInfo's
Advanced Company Directory