2022-05-26T16:20:51-07:00 2021-12-31 990 2021-01-01 956111723 EVANGELICAL CHRISTIAN CREDIT UNION EVAN 7146715700 955 West Imperial Highway Suite 100 Brea CA 92821 Gregory Talbott SVP/ CFO 7146715700 2022-05-26 1 11 1 AAL2 X 2021 2022-09-23 18:48:47Z Abel L Pomar 955 West Imperial Highway Suite 100 Brea CA 92821 28833894 0 X WWW.ECCU.ORG X 1984 CA ECCU partners with Christ-centered ministries, businesses, individuals, and families to protect, grow, and share their financial resources. 11 11 119 16 0 0 0 0 21018795 23473144 1962790 1104978 2338604 4255772 25320189 28833894 100950 194200 0 0 11158488 14004068 0 0 0 16713806 8831598 27973244 23029866 -2653055 5804028 662356232 581626285 606171271 520080665 56184961 61545620 ECCU partners with Christ-centered ministries, businesses, individuals, and families to protect, grow, and share their financial resources. Through their accounts at ECCU, members help to provide loans to churches and other Christian organizations and individuals, grants to ministries, banking services to missionaries, and products designed for churches and ministries. 0 0 23029866 The Evangelical Christian Credit Union provided credit union services to our members. Our membership totaled 14,226 as of December 31, 2021. 0 0 0 23029866 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4123 0 0 119 1 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Gregory C Talbott 7146715700 955 West Imperial Highway Suite 100 Brea CA 92821 Abel Luis Pomar President/CEO 40 0 X 422902 0 46141 Gregory C Talbott SVP/CFO 40 0 X 297683 0 48841 Charles Kelly SVP, Chief Technology and Operations Officer 40 0 X 257705 0 37166 Bentley Hatcher SVP, Chief Lending Officer 40 0 X 250745 0 28905 Susan B Rushing SVP, Chief Risk Officer 40 0 X 249299 0 19213 Sheri Valadez Director of Loan Servicing 40 0 X 223801 0 29965 Brian Constable VP, Enterprise Banking 40 0 X 215269 0 35900 Christopher Hernandez Senior Relationship Manager 40 0 X 187989 0 45840 Paul Fritz Senior Member Experience Analyst 40 0 X 187921 0 37042 James Babbage Director of Commercial Banking 40 0 X 184242 0 33128 R Todd Anderson Treasurer, Director 5 0 X 6294 0 0 Van E Elliott Chairman, Director 5 0 X 5510 0 0 Holly Culhane Vice Chair, Director 5 0 X 3317 0 0 C Richard Ferree Director 5 0 X 2635 0 0 Samuel C Wolgemuth Director 5 0 X 1685 0 0 Graham Crain Secretary, Director, Chairman 5 0 X 0 0 0 Caryn Ryan Secretary, Director 5 0 X 0 0 0 Sebastian Igreti Director 5 0 X 0 0 0 Joshua Guttau Director 5 0 X 0 0 0 Christopher Montes Director 5 0 X 0 0 0 Jeremy Anderson Director 5 0 X 0 0 0 2496997 0 362141 40 0 1 0 MIGHTY ROAR LLC 880 Marrietta Hwy Suite 630-341 Roswell GA 30075 Marketing Services 896176 Q2 SOFTWARE INC PO BOX 205970 Dallas TX 753205970 Data Processing Services 595684 FISERV INC PO BOX 208457 Dallas TX 753208457 Banking Operations System 554299 ALLIED SOLUTIONS LLC 350 Veterans Way Suite 200 Carmel IN 46032 Corporate Insurance 351652 SALESFORCE COM INC PO BOX 203141 Dallas TX 753203141 CRM Software 215319 13 0 0 0 0 0 0 0 0 Loan Interest & Non Interest Fee Income 522130 23473144 23473144 0 0 0 0 0 0 23473144 1104978 1104978 0 0 0 0 0 0 0 0 0 0 4255772 0 0 0 4255772 0 4255772 4255772 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 0 0 28833894 28833894 0 0 194200 194200 0 0 0 0 0 0 2496998 2496998 0 0 0 0 0 0 7018344 7018344 0 0 247176 247176 0 0 3398782 3398782 0 0 842768 842768 0 0 0 0 0 0 119652 119652 0 0 222609 222609 0 0 0 0 0 0 0 0 0 0 0 0 867056 867056 0 0 1210122 1210122 0 0 604298 604298 0 0 2462753 2462753 0 0 0 0 0 0 475888 475888 0 0 5466 5466 0 0 0 0 0 0 10049 10049 0 0 2016645 2016645 0 0 0 0 0 0 927179 927179 0 0 802674 802674 0 0 Provision for Loan Losses -3333373 -3333373 0 0 Member Transactions 2440580 2440580 0 0 23029866 23029866 0 0 903588 680168 99275436 21834487 0 0 0 0 0 0 0 0 370537126 408567376 0 0 2780550 2462667 69260181 26898662 43804349 42361519 116359697 77328599 0 0 10352964 11023294 0 0 18342522 17368175 662356232 581626285 2725912 9058091 0 0 153894 267056 0 0 0 0 0 0 415875 5000000 0 0 602875590 505755518 606171271 520080665 X 0 0 0 0 56184961 61545620 56184961 61545620 662356232 581626285 X 5804028 -476865 0 0 0 33496 X 0 1 X 1 0 0 11994979 11994979 0 49909602 19833485 30076117 0 0 0 0 0 7355600 7065177 290423 0 0 0 0 42361519 0 Member Deposits 505755518 505755518 X 28833894 0 0 0 0 0 28833894 0 0 0 28833894 23029866 0 0 0 0 0 23029866 0 0 0 23029866 Schedule D, Part X, Line 2 The Credit Union had no unrecognized tax benefits at December 31, 2021 and 2020. Interest and penalties related to unrecognized tax benefits are recognized by the Credit Union as an administrative expense. During the year ended December 31, 2021, the Credit Union recognized no penalties. During the year ended December 31, 2020, the Credit Union recognized a $1,600 waiting time penalty. 1 Wycliffe Bible Translators 11221 John Wycliffe Blvd Orlando FL 32832 951831097 501 ( c ) 3 10900 0 General Support Central Christian College 1201 S Main St McPherson KS 67460 480577656 501 ( c ) 3 10000 0 General Support Legacy Inc PO BOX 4228 Visalia CA 93278 364727578 501 ( c ) 3 10000 0 General Support J F Shea Therapeutic Riding Center 26284 Oso Rd San Juan Capistrano CA 92675 953351363 501 ( c ) 3 8000 0 General Support All About Marriage 1230 Rosecrans Ave Suite 300 Manhattan Beach CA 90266 384134424 501 ( c ) 3 7500 0 General Support OC International PO BOX 36900 Colorado CO 80936 941501634 501 ( c ) 3 7200 0 General Support Union Rescue Mission 545 S San Pedro St Los Angeles CA 90013 951709293 501 ( c ) 3 7000 0 General Support One Collective NFP 2155 Point Blvd Suite 200 Elgin IL 60123 366069820 501 ( c ) 3 6600 0 General Support Interact Ministries 31000 SE Kelso Rd Boring OR 97009 926004561 501 ( c ) 3 6000 0 General Support Presence Point Inc 2036 Nevada City Hwy 78 Grass Valley CA 95945 474472335 501 ( c ) 3 6000 0 General Support Reachglobal Donor Services 901 E 78th St Minneapolis MN 55420 410721672 501 ( c ) 3 5300 0 General Support 11 0 Schedule I, Part I, Line 2 The Board of Directors determines the annual grant allocation limit for officials. An official must complete the Ministry Grant Recommendation Form for an appropriate 501(c)(3) organization that aligns with ECCU's mission. The official sends the completed form to the Board Chair or the Supervisory Committee Chair for approval. The approved form is sent to the ECCU Board liaison for processing. The Board liaison notifies the requestor when the check is sent and sends a copy of the letter. Annually, the liaison provides the Board of Directors with a report of the grants given. The Chief Executive Officer is authorized to make grants for missionaries and has assigned this authority to the ECCU Missions Committee. No unsolicited grant proposals are accepted. X 1 1 X X 1 0 0 Abel Luis Pomar President/CEO 422902 0 0 0 0 0 8700 0 37441 0 469043 0 0 Gregory C Talbott SVP/CFO 297683 0 0 0 0 0 8700 0 40141 0 346524 0 0 Susan B Rushing SVP, Chief Risk Officer 247167 0 0 0 2132 0 7415 0 11798 0 268512 0 0 Charles Kelly SVP, Chief Technology and Operations Officer 257705 0 0 0 0 0 7874 0 29292 0 294871 0 0 Bentley Hatcher SVP, Chief Lending Officer 203077 0 33000 0 14668 0 7082 0 21823 0 279650 0 0 Sheri Valadez Director of Loan Servicing 101487 0 0 0 122314 0 2314 0 27651 0 253766 0 0 Brian Constable VP, Enterprise Banking 209962 0 5307 0 0 0 6608 0 29292 0 251169 0 0 Christopher Hernandez Senior Relationship Manager 93887 0 150 0 93952 0 3328 0 42512 0 233829 0 0 Paul Fritz Senior Member Experience Analyst 91474 0 0 0 96447 0 3294 0 33748 0 224963 0 0 James Babbage Director of Commercial Banking 151916 0 32326 0 0 0 5636 0 27492 0 217370 0 0 Schedule J, Part I, Line 1a Evangelical Christian Credit Union has travel policies and procedures for employees and Board of Directors. Schedule J, Part I, Line 3 The Compensation Committee meets at least annually to identify the CEO's performance, objectives and related short-term incentive targets. Periodically industry-specific surveys are reviewed and other sources are secured to determine appropriate compensation levels. The Board of Directors reviews the Compensation Committee's recommendations of the CEO's total cash compensation and targets and makes a final determination. Salary grades for all positions, including other officers, are determined after consulting with external independent firms that provide comparability data. Schedule J, Part I, Line 4 The following individuals received a severance payment in 2021: Christopher Hernandez ($84,968), Paul Fritz ($85,035), and Sheri Valadez ($111,791). Form 990, Part VI, Section A, Line 6 Evangelical Christian Credit Union is a state chartered credit union (not-for-profit cooperative) with members who qualify under field of membership criteria. Form 990, Part VI, Section A, Line 7a The Credit Union members elect the Board of Directors. Form 990, Part VI, Section B, Line 11b A draft of the Form 990 is reviewed by the Credit Union's VP of Accounting, CFO, and Supervisory Committee; updates are made to the draft from their comments. Then copies of the Form 990 are sent to the full Board of Directors so they have the opportunity to provide comments and questions prior to filing. Form 990, Part VI, Section B, Line 12c All employees, Board of Director members and Supervisory Committee members are required to read and sign the conflict of interest policy and acknowledgment. Once an employee, Board of Director member, or Supervisory Committee member becomes aware of a conflict, he/she must disclose the conflict. Annually, the Board and the CEO must disclose conflicts of interest. Form 990, Part VI, Section B, Line 15 The Compensation Committee meets at least annually to identify the CEO's performance, objectives and related short-term incentive targets. Periodically industry-specific surveys are reviewed and other sources are secured to determine appropriate compensation levels. The Board of Directors reviews the Compensation Committee's recommendations of the CEO's total cash compensation and targets and makes a final determination. Salary grades for all positions, including other officers, are determined after consulting with external independent firms that provide comparability data. Form 990, Part VI, Section C, Line 19 Governing documents and the conflict of interest policy are not available to the general public. Unaudited quarterly financials are available on the company website as well as annual financials derived from the audited statements. Audited financial statements are available upon request. Form 990, Part XI, Line 9 This is reclassification adjustment for amounts included in net income for realized losses on sale of available-for-sale securities.