2024-08-28T11:13:06-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 109 N MAIN STREET SUITE 200 AUSTIN MN 55912 990 2023-01-01 391020437 PREMIER FINANCIAL CREDIT UNION PREM 9208984232 2017 MAIN STREET NEW HOLSTEIN WI 53061 BRAD GRANT PRESIDENT & CEO 9208984232 2024-08-23 1 0 TANYA MEDGAARDEN P01717240 5074347000 2024-06-19 2023 2024-08-08 14:25:15Z BRAD GRANT 2017 MAIN STREET NEW HOLSTEIN WI 53061 5957275 0 X YOURPFCU.COM X 1962 WI TO PROVIDE IN A SOUND AND BUSINESSLIKE MANNER, FOR OUR FIELD OF MEMBERSHIP,SIMPLE YET FLEXIBLE PROGRAMS TO HELP ACHIEVE A BETTER SOCIAL AND ECONOMIC LIFE FOR MEMBERS AND COMMUNITY, MAINTAINING THE CREDIT UNION'S FRIENDLY MEMBER OWNED PHILOSOPHY. 7 7 60 7 0 0 0 0 3352900 3801270 876492 1967377 173837 188628 4403229 5957275 0 0 61193 138931 2004805 2239950 0 0 0 1477472 1948455 3543470 4327336 859759 1629939 134440906 129579825 124312310 117276457 10128596 12303368 TO PROVIDE IN A SOUND AND BUSINESSLIKE MANNER, FOR OUR FIELD OF MEMBERSHIP, SIMPLE YET FLEXIBLE PROGRAMS TO HELP ACHIEVE A BETTER SOCIAL AND ECONOMIC LIFE FOR MEMBERS AND COMMUNITY, MAINTAINING THE CREDIT UNION'S FRIENDLY MEMBER OWNED PHILOSOPHY. 0 0 PROVIDED LOW-COSTS FINANCIAL SERVICES TO ITS MEMBERS. SERVED MEMBERS' INTEREST BY ACCEPTING DEPOSITS, GRANTING LOANS, AND INVESTING EXCESS FUNDS IN A PRUDENT MANNER. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2124 0 60 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 0 0 0 0 0 1 1 1 1 0 X BRAD GRANT 9208984232 2017 MAIN ST NEW HOLSTEIN WI 53061 MARY JO MUELLENBACH CHAIRPERSON 1.00 X X 0 0 0 THOMAS MUELLER VICE CHAIRPERSON 1.00 X X 0 0 0 SANDRA BURG SECRETARY 1.00 X X 0 0 0 PHILIP VERGOWE TREASURER 1.00 X X 0 0 0 TRE WALDREN BOARD MEMBER 1.00 X 0 0 0 KATHY BILLMANN BOARD MEMBER 1.00 X 0 0 0 AL SCHMITZ BOARD MEMBER 1.00 X 0 0 0 BRAD GRANT PRESIDENT/CEO 40.00 X 152921 0 21517 DIANE RIEDER VICE PRESIDENT/CFO 40.00 X 127330 0 19792 280251 0 41309 2 0 1 0 FISERV INC PO BOX 934057 ATLANTA GA 311934057 CORE PROCESSOR, DEBIT/CRED CARDS, HOME B 306668 JR CONSTRUCTION 20621 CARSTENS LAKE ROAD VALDERS WI 54245 CONSTRUCTION ON NEW HOLSTEIN BUILDING 199318 APPLIED TECH SOLUTIONS LLC PO BOX 650823 DALLAS TX 752650823 IT SERVICES 137433 3 INTEREST INCOME ON LOANS 522291 2747627 2747627 OTHER OPERATING INCOME 522100 681316 681316 FEE INCOME 523000 372327 372327 3801270 1967377 1967377 OTHER INCOME 522100 188628 188628 188628 5957275 3989898 0 1967377 X 138931 321560 1518272 161395 104637 134086 5762 38400 481689 80657 286445 131719 43697 11 193141 ATM/CARD AND SERVICE PR 590394 LOAN SERVICING EXPENSE 198616 CREDIT LOSS EXPENSE 47719 OPERATING FEES 6795 -156590 4327336 3472969 2763830 46932139 34800415 25692 24886 62912743 67263252 4410893 5031803 6621072 2499176 3852224 4121896 7052415 9843307 5781831 5730436 134440906 129579825 1884083 1947139 122428227 115329318 124312310 117276457 X 0 0 0 0 10128596 12303368 10128596 12303368 134440906 129579825 X 1629939 544833 X X 0 0 0 582045 582045 3815489 802607 3012882 72620 43184 29436 2059115 1653385 405730 91803 91803 4121896 HELD-TO-MATURITY 8835000 C OTHER INVESTMENTS 1008307 C 9843307 MEMBER DEPOSITS 115329318 115329318 X 0 0 0 BRAD GRANT PRESIDENT/CEO 127721 0 25200 0 0 0 0 0 21517 0 174438 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISION BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED IN THE ORGANIZATION'S BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF THE MEMBERSHIP, UNLESS MANDATED BY REGULATORY AGENCY (I.E. NCUA, WISCONSIN OFFICE OF CREDIT UNIONS). FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY PRESIDENT AND CHAIRMAN OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THERE ARE ANNUAL REVIEWS AND PERFORMANCE EVALUATIONS DONE BY THE BOARD OF DIRECTORS FOR THE CEO AND BY THE IMMEDIATE SUPERVISOR FOR ALL OTHER PERSONNEL. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED AT VARIOUS LOCATIONS IN AND OUTSIDE THE CREDIT UNION. NO DISCLOSURE IS MADE FOR THE CONFLICT OF INTEREST POLICY OR GOVERNING DOCUMENTS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES 481,689. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME 519,139. CECL ADOPTION 25,694. PART XII, LINE 2C NO CHANGES FROM PRIOR YEAR.