2022-05-16T15:11:26-05:00 2021-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2021-01-01 370767435 CREDIT UNION 1 CRED 8002526950 200 E CHAMPAIGN AVE RANTOUL IL 618662930 SCOTT MCDONALD CFO/EVP 8002526950 2022-05-13 1 SCOTT MCDONALD 999009999 GREGORY HEIMKREITER P01331287 5138713033 2022-05-13 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z SCOTT MCDONALD 200 E CHAMPAIGN AVE RANTOUL IL 618662930 141661258 0 X WWW.CREDITUNION1.ORG X CREDIT UNION 1958 IL CREDIT UNION 1 IS A MEMBER-OWNED AND CONTROLLED FINANCIAL INSTITUTION DEDICATED TO PROVIDING CONVENIENT AND COMPETITIVE SERVICES AS A MEANS OF IMPROVING ONGOING ECONOMIC WELL-BEING OF OUR MEMBERS WHILE PROMOTING GROWTH AND MAINTAINING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY. 8 7 504 8 0 0 0 0 29437299 34183025 6266977 6607490 26191534 32201396 61895810 72991911 0 0 0 0 25276927 31075321 0 0 0 29584139 28112315 54861066 59187636 7034744 13804275 1171433354 1226789437 1075224083 1119898189 96209271 106891248 X CREDIT UNION 1 IS A MEMBER-OWNED AND CONTROLLED FINANCIAL INSTITUTION DEDICATED TO PROVIDING CONVENIENT AND COMPETITIVE SERVICES AS A MEANS OF IMPROVING ONGOING ECONOMIC WELL-BEING OF OUR MEMBERS WHILE PROMOTING GROWTH AND MAINTAINING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY. 0 0 PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 1 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 1 1 0 0 1 11280 0 1 504 1 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X AL NUKU VP OF ACCOUNTING 2178939112 200 E CHAMPAIGN AVE RANTOUL IL 618662930 ROBERT EBERHARDT DIRECTOR - CHAIR 2.00 X 21600 0 24619 DAN LONG DIRECTOR 2.00 X 14400 0 9902 REX TOLLIVER DIRECTOR 2.00 X 14400 0 90 DANIEL RICCI DIRECTOR - VICE CHAIR 2.00 X 14400 0 45 THOMAS WELLS JR DIRECTOR - SECRETARY 2.00 X 14400 0 9870 KENT YAGER DIRECTOR 2.00 X 14400 0 9902 PAUL SIMONS DIRECTOR 2.00 X 14400 0 59 TODD GUNDERSON PRESIDENT/CEO 40.00 X X 597767 0 53748 HALLIE OLSEN DIRECTOR 2.00 X 14400 0 90 PAUL FICHTER EVP, GENERAL COUNSEL & CHIEF LEGAL OFFICER 40.00 X 361168 0 50535 MICHAEL HIRT SVP, CHIEF TECHNOLOGY OFFICER 40.00 X 269127 0 43631 KEVIN ALLEN SVP, CHIEF SALES OFFICER 40.00 X 269645 0 46012 SCOTT MCDONALD EVP, CHIEF FINANCIAL OFFICER 40.00 X 339343 0 38993 JEFF ROTHMEYER EVP, CHIEF LENDING OFFICER 40.00 X 305396 0 30140 2264846 0 317636 6 0 1 0 ALLIED BENEFIT SYSTEMS INC 300 W ADAMS STREET SUITE 500 CHICAGO IL 60606 EMPLOYEE BENEFITS 975630 BDO USA LLP PO BOX 642743 CHICAGO IL 60606 COMPUTER EQUIPMENT 258601 ATRIUM MALL LLC PO BOX 9507 BOSTON MA 021149507 RENT 224033 22ND ST LLC BUTTERFIELD PROPERTIES 477 E BUTTERFIELD ROAD STE 202 LOMBARD IL 60148 RENT 201756 COMAR PROPERTIES INC 200 WEST ADAMS STREET SUITE 500 CHICAGO IL 60606 EMPLOYEE BENEFITS 199667 9 LOAN INCOME 522100 34183025 34183025 34183025 2313125 2313125 59924090 13039622 60000000 8669347 -75910 4370275 4294365 4294365 OTHER INCOME 32201396 32201396 32201396 72991911 38477390 0 34514521 2582482 28492839 1540926 5622924 6526948 3117002 433732 LOAN PROCESSING 2904822 VISA / ATM 2689803 DIVIDEND EXPENSE 2510457 OTHER 1820285 945416 59187636 141826551 19762000 75314421 244532935 703405930 820880135 45782033 22842427 17695114 22939606 189959867 42027279 6003995 282890 42948581 70643487 1171433354 1226789437 13673743 28754180 1061550340 1091144009 1075224083 1119898189 X 0 0 0 0 96209271 106891248 96209271 106891248 1171433354 1226789437 13804275 -3122298 0 X X 0 1 X 1 0 0 1 X 3326155 3326155 17745172 9939720 7805452 10798732 4185930 6612802 12649415 8647118 4002297 1262559 69659 1192900 22939606 OTHER ASSETS 17483055 ACCRUED INTEREST RECEIVABLE 3208473 AMERICAN SHARE INSURANCE DEPOSIT 13098154 CASH SURRENDER VALUE LIFE INSURANCE 15756753 RIGHT OF USE ASSET 21097052 70643487 SHARE DRAFT DEPOSITS 194964090 MEMBER SHARE DEPOSITS (SAVINGS AND MEMBERSHIP) 447640966 MONEY MARKET SHARE DEPOSIT 296801953 TERM SHARE AND IRA SHARE CERTIFICATES 96737000 FHLB ADVANCE 55000000 1091144009 PART IV, LINE 2B: THE CREDIT UNION SERVICES 1ST MORTGAGE LOANS AND AS PART OF PROVIDING THIS SERVICE, COLLECTS PROPERTY INSURANCE AND REAL ESTATE TAX PAYMENTS MONTHLY FROM HOME OWNERS. THE CREDIT UNION HOLDS THE FUNDS IN ESCROW UNTIL THE INSURANCE PREMIUMS OR TAX BILLS ARE DUE. X 1 1 X X X 0 0 0 TODD GUNDERSON PRESIDENT/CEO 472767 0 125000 0 0 0 29129 0 24619 0 651515 0 0 0 PAUL FICHTER EVP, GENERAL COUNSEL & CHIEF LEGAL O 293668 0 67500 0 0 0 25916 0 24619 0 411703 0 0 0 SCOTT MCDONALD EVP, CHIEF FINANCIAL OFFICER 284743 0 54600 0 0 0 14374 0 24619 0 378336 0 0 0 JEFF ROTHMEYER EVP, CHIEF LENDING OFFICER 245321 0 60075 0 0 0 5521 0 24619 0 335536 0 0 0 KEVIN ALLEN SVP, CHIEF SALES OFFICER 218271 0 51374 0 0 0 21393 0 24619 0 315657 0 0 0 MICHAEL HIRT SVP, CHIEF TECHNOLOGY OFFICER 223592 0 45535 0 0 0 19012 0 24619 0 312758 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A CREDIT UNION MEMBERS, WHICH ARE THE DEPOSITORS, ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN TRANSACTIONS AND DECISIONS MAY BE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED 990 IS REVIEWED BY THE EXECUTIVE VICE PRESIDENT OF FINANCE/CFO AND THE PRESIDENT/CEO. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY HAS NOT BEEN AN ISSUE AT THE CREDIT UNION. BOARD MEMBERS NOTIFY THE BOARD OF POTENTIAL CONFLICTS AND REMOVE HIM/HERSELF FROM DISCUSSION OF ANY SUCH AREAS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT/CEO SALARY ANNUALLY AND UTILIZES A COMPENSATION SURVEY PREPARED BY CUES FOR COMPARABILITY PURPOSES. THE CUES EXECUTIVE COMPENSATION GUIDE IS UTILIZED BY THE CEO FOR SALARY COMPARABILITY FOR OFFICERS AND EMPLOYEES MAKING OVER $100,000. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. PART XII, LINE 2C SUPERVISORY COMMITTEE ENGAGES THE CPA FIRM FOR AN ANNUAL AUDIT OF THE FINANCIAL STATEMENT. ADDITIONALLY THE SUPERVISORY COMMITTEE SUPERVISES THE INTERNAL AUDIT DEPARTMENT WHICH INCLUDES 3 EMPLOYEES. CUSO LTD 200 E CHAMPAIGN AVE RANTOUL IL 61866 371131037 DORMANT TRAVEL AGENCY IL C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0