2023-11-10T14:48:29-06:00 2022-12-31 DOEREN MAYHEW 12060 SW 129TH CT STE 201 MIAMI FL 33186 990 2022-01-01 941664405 SAFEAMERICA CREDIT UNION SAFE 9258478316 6001 GIBRALTAR DRIVE PLEASANTON CA 94588 FRANK ZAMPELLA BOARD CHAIR & INTERIM PRESIDENT/CEO 9258478316 2023-11-09 FRANK ZAMPELLA 999009999 0 JOHN J MURNANE JR P03021572 3052328272 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRANK ZAMPELLA 6001 GIBRALTAR DRIVE PLEASANTON CA 94588 21376777 0 X WWW.SAFEAMERICA.COM X 1953 CA PROVIDE SUPERIOR PERSONAL SERVICE AND ATTRACTIVE FINANCIAL PRODUCTS TO MEMBERS. 7 7 90 7 78821 0 0 0 19956426 20421770 741916 955007 0 0 20698342 21376777 5000 0 2509746 2207287 6983445 7689230 0 0 0 6849644 7749050 16347835 17645567 4350507 3731210 545562610 532148907 502640950 491107033 42921660 41041874 WE ARE DEDICATED TO SERVING THE MEMBERS' BEST INTEREST, TO PROVIDE VALUE RELATIVE TO COST, AND TO EARN THEIR TRUST AND CONFIDENCE BY OPERATING IN AN ETHICAL AND FINANCIALLY SOUND MANNER. 0 0 SHARE DRAFT, SHARE ACCOUNTS AND SHARE CERTIFICATES CONSUMER LOANS OTHER EXEMPT FUNCTIONS ACTIVITIES FOR MEMBERS 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 6954 0 1 90 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X FRANK ZAMPELLA 9258478317 6001 GIBRALTAR DRIVE PLEASANTON GA 94588 SUSAN WALLS TREASURER/SECRETARY 1.00 X 0 0 0 FRANK ZAMPELLA CHAIRPERSON 1.00 X 3952 0 0 BRIAN SCHULTZ EXEUTIVE VICE CHAIRPERSON 1.00 X 0 0 0 DIANE BAILEY BOARD MEMBER 1.00 X 2016 0 0 PATRICIA CARLSON BOARD MEMBER 1.00 X 3241 0 0 TRACY THAMES BOARD MEMBER 1.00 X 2984 0 0 JASON CHANG BOARD MEMBER 1.00 X 1815 0 0 THOMAS GRAVES PRESIDENT/CEO 40.00 X 441845 0 43071 LYNN LUU ACCOUNTING MANAGER 40.00 X 167209 0 40514 STEFANY CHADBON-HOOKE VP & CHIEF PEOPLE & PLACES 40.00 X 334496 0 27212 ANTHONY RAPPA VP & CHIEF RETAIL OFFICER 40.00 X 242695 0 10978 STEVEN PAGE VP & CHIEF MARKETNG, DIGITAL & IT OFFICER 40.00 X 308163 0 25272 AMRITA PRASAD VP & CHIEF LENDING & COLLECTIONS 40.00 X 308725 0 29606 PABLO CORNEJO RETAIL BRANCH MANAGER 40.00 X 209473 0 17348 2026614 0 194001 13 0 1 0 WORLDPAY HOLDING 8500 GOVERNORS HILL DR SYMMES TWP OH 45249 DEBIT & CREDIT CARD PROCESSOR 367609 CORELATION INC 2305 HISTORIC DECATUR RD STE 300 SAN DIEGO CA 92106 CORE SYSTEM 208463 DOXIM INC PO BOX 933472 CLEVELAND OH 44193 MAILING SERVICE 200806 TPX COMMUNICATIONS PO BOX 509013 SAN DIEGO CA 92150 COMMUNICATION 129211 MERIDIANLINK PO BOX 846822 LOS ANGELES CA 90084 MEMBER VERIFICATION 128353 11 LOAN INCOME 522100 17955878 17955878 FEES, CHARGES & OTHER 522100 2387071 2387071 FINANCE & INSURANCE 520000 78821 78821 20421770 955007 955007 21376777 20342949 78821 955007 X 2207287 706647 5526089 169979 862339 424176 100656 16140 605293 268633 873229 525677 728647 261947 448064 173172 PROVISION FOR LOAN LOSS 1250091 DEBIT AND CREDIT CARD E 1081559 COLLECTIONS AND CREDIT 278726 EXCESS SHARE INSURANCE 229178 908038 17645567 44173519 5543363 3002057 2559641 248284 150964 414153793 445707501 1155262 1168560 15513541 9367308 6594296 6146233 56432235 44527236 3943400 9468400 15859764 16877009 545562610 532148907 3721088 2893837 498919862 488213196 502640950 491107033 X 0 0 0 0 42921660 41041874 42921660 41041874 545562610 532148907 X 3731210 -5997997 387001 X X 0 1 X 1 0 2762915 2762915 4562622 2339746 2222876 3141617 2429438 712179 5046387 4598124 448263 6146233 DEFERRED COMPENSATION PLAN 299444 MEMBER ACCOUNTS 487913752 488213196 X 21376777 0 21376777 0 21376777 17645567 0 17645567 0 17645567 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. X X 1 1 X X X 0 1 0 THOMAS GRAVES PRESIDENT/CEO 365184 0 68861 0 7800 0 9150 0 33921 0 484916 0 0 0 STEFANY CHADBON-HOOKE VP & CHIEF PEOPLE & PLACES 187594 0 140658 0 6244 0 6868 0 20344 0 361708 0 0 0 AMRITA PRASAD VP & CHIEF LENDING & COLLECTIONS 166560 0 138300 0 3865 0 9150 0 20456 0 338331 0 0 0 STEVEN PAGE VP & CHIEF MARKETNG, DIGITAL & IT OF 166560 0 138300 0 3303 0 9150 0 16122 0 333435 0 0 0 ANTHONY RAPPA VP & CHIEF RETAIL OFFICER 72488 0 20373 0 149834 0 2888 0 8090 0 253673 0 0 0 PABLO CORNEJO RETAIL BRANCH MANAGER 120668 0 74646 0 14159 0 6377 0 10971 0 226821 0 0 0 LYNN LUU ACCOUNTING MANAGER 118608 0 36730 0 11871 0 3377 0 37137 0 207723 0 0 0 PART I, LINE 4B THE CREDIT UNION OFFERS A NON-QUALIFIED 457(B) PLAN TO CERTAIN MEMBERS OF MANAGEMENT INCLUDING STEFANY CHADBON-HOOKE, THE VP & CHIEF PEOPLE & PLACES OFFICER, AND LYNN LUU, THE ACCOUNTING MANAGER. AS OF DECEMBER 31, 2022, THE VESTED BALANCES BY PARTICIPANT WERE AS FOLLOWS: STEFANY CHADBON-HOOKE: $50,348 LYNN LUU: $95,553 FORM 990, PART VI, SECTION A, LINE 6 PARTICIPATION IN THIS CREDIT UNION IS LIMITED TO THOSE WHO QUALIFY FOR MEMBERSHIP AS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF EMPLOYEES WITH THE NORTHERN CALIFORNIA DIVISION AND CORPORATE OFFICES OF SAFEWAY, INC.; EMPLOYEES OF GENENTECH, A SUBSIDIARY OF ROCHE INC.; AND ANYONE WHO LIVES, WORKS, ATTENDS SCHOOL OR WORSHIPS IN THE COUNTIES OF SAN MATEO, ALAMEDA, CONTRA COSTA, AND SANTA CLARA, CALIFORNIA. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, THE SPOUSE OF A MEMBER, THE BLOOD OR ADOPTIVE RELATIVES OF EITHER OF THEM AND THEIR SPOUSES MAY BE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B BYLAWS MAY BE AMENDED ONLY WITH THE CONSENT OF THE MEMBERS IF THE AMENDMENT WOULD (A) MATERIALLY AND ADVERSELY AFFECT THE RIGHTS OF MEMBERS AS TO VOTING, (B) INCREASE OR DECREASE THE NUMBER OF MEMBERS AUTHORIZED IN TOTAL OR FOR ANY CLASS, (C) EFFECT AN EXCHANGE, RECLASSIFICATION CANCELLATION OF ALL OR PART OF THE MEMBERSHIPS, (D) AUTHORIZE A NEW CLASS OF MEMBERSHIP, (E) SPECIFY OR CHANGE A FIXED NUMBER OF DIRECTORS OR CHANGE THE NUMBER OF MEMBERS OF THE BOARD FROM A FIXED TO A VARIABLE NUMBER, (F) EXTEND THE TERM OF A DIRECTOR BEYOND THE TERM FOR WHICH THE DIRECTOR WAS ELECTED, OR (G) REPEAL, RESTRICT, CREATE OR EXPAND PROXY RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD DOES NOT RECEIVE A COPY OF THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AS SOON AS EMPLOYEE OR VOLUNTEER OFFICIAL BECOMES AWARE OF A CONFLICT OF INTEREST, THE MATTER SHOULD BE REPORTED IN WRITING. EMPLOYEES OTHER THAN THE CHIEF EXECUTIVE OFFICER REPORT TO THEIR IMMEDIATE SUPERVISORS. THE CHIEF EXECUTIVE OFFICER OR VOLUNTEER OFFICIAL REPORTS TO THE BOARD OF DIRECTORS. REPORTS SHOULD BE MADE AS SOON AS THE EMPLOYEE OR VOLUNTEER OFFICIAL BECOME AWARE OF FACTS OR CIRCUMSTANCES THAT CREATE AN ACTUAL OR APPARENT CONFLICT OF INTEREST. IT IS THE EMPLOYEE'S AND VOLUNTEER'S RESPONSIBILITY TO NOTIFY HUMAN RESOURCES OF ANY PERSONAL CIRCUMSTANCES THAT MIGHT PRESENT A CONFLICT OF INTEREST IN TERMS OF THE POLICY. CONFLICTS WITH THE POLICY WILL BE HANDLED ON A CASE-BY-CASE BASIS. IN EACH INSTANCE, HUMAN RESOURCES AND MANAGEMENT WILL DETERMINE WHETHER A TRANSFER OR SOME OTHER ACCOMMODATION CAN BE ARRANGED, OR WHETHER ONE OF THE EMPLOYEES WILL HAVE TO RESIGN OR BE DISMISSED. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS DECIDED BY THE BOARD OF DIRECTORS WITH HELP FROM THE VP OF HUMAN RESOURCES. KEY EMPLOYEES' COMPENSATION IS DECIDED BY THE CEO AND VP OF HUMAN RESOURCES. COMPARATIVE DATA IS USED IN THIS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E MISCELLANEOUS 218,257. HOME BANKING AND BILLPAY 207,517. NEW MEMBER MATRIX 103,860. LOS SYSTEM 99,804. ATM EXPENSES 69,247. REAL ESTATE ORIGINATION & FEES 62,999. CORPORATE AND OTHER BANK FEES 54,754. SHARED BRANCH FEES 51,733. LOAN SERVICING EXPENSE 28,512. TRAINING/DEVELOPMENT 11,355. FORM 990, PART XI, LINE 9: NET CHANGE IN DEFINED BEENFIT PLAN 387,001. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.