2023-11-15T11:58:02-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 109 N MAIN STREET SUITE 200 AUSTIN MN 55912 990 2022-01-01 391020437 PREMIER FINANCIAL CREDIT UNION PREM 9208984232 2017 MAIN STREET NEW HOLSTEIN WI 53061 BRAD GRANT PRESIDENT & CEO 9208984232 2023-11-14 1 BRAD GRANT 999009999 0 TANYA MEDGAARDEN P01717240 5074347000 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRAD GRANT 2017 MAIN STREET NEW HOLSTEIN WI 53061 4467705 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 65 7 0 0 0 0 3328203 3352900 248555 876492 162210 173837 3738968 4403229 0 0 77809 61193 1853490 2004805 0 0 0 1411743 1477472 3343042 3543470 395926 859759 130988713 134440906 120712293 124312310 10276420 10128596 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1840 0 65 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 JARED ROECK BOARD MEMBER 1.00 X 0 0 0 BRAD GRANT PRESIDENT/CEO 40.00 X 121673 0 13296 DIANE RIEDER VICE PRESIDENT/CFO 40.00 X 105377 0 18250 227050 0 31546 2 0 0 0 0 INTEREST INCOME ON LOA 522291 2333088 2333088 OTHER OPERATING INCOME 522100 693394 693394 FEE INCOME 523000 326418 326418 3352900 857598 857598 83370 64476 18894 18894 18894 OTHER INCOME 522100 173837 173837 173837 4403229 3526737 0 876492 X 61193 258596 1370944 201556 50691 123018 1807 31050 478244 63059 252192 128108 44086 170215 ATM/CARD AND SERVICE PR 508729 LOAN SERVICING EXPENSE 132806 OPERATING FEES 6913 PROVISION FOR LOAN LOSS -70670 -269067 3543470 2774942 3472969 49676641 46932139 15151 25692 60347378 62912743 5317053 4410893 6155242 2303018 4010486 3852224 1500000 982415 1488000 6070000 5859062 5781831 130988713 134440906 1538245 1884083 2756 119171292 122428227 120712293 124312310 X 0 0 0 0 10276420 10128596 10276420 10128596 130988713 134440906 X 859759 -1007583 X X 0 0 0 0 0 582045 582045 3568501 760864 2807637 65203 35195 30008 1886661 1506959 379702 52832 52832 3852224 MEMBER DEPOSITS 122428227 122428227 PART IV, LINE 2B: ESCROW PAYMENTS FOR REAL ESTATE TAXES ARE PAID IN MONTHLY WITH THE LOAN PAYMENT TO AN INTEREST BEARING ACCOUNT AND THEN DISTRIBUTED TO THE CORRECT TAXING AUTHORITY WHEN STATEMENTS ARE ISSUED. 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 ORGANIZATIONS BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF THE MEMBERSHIP, UNLESS MANDATED BY REGUALATORY AGNECY (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 REVIWED 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 2022 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 478,244. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME -1,007,581. ROUNDING -2. PART XII, LINE 2C NO CHANGES FROM PRIOR YEAR.