2022-08-09T15:52:19-05:00 2021-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2021-01-01 910620799 GLOBAL CREDIT UNION GLOB 5094554700 1500 W FOURTH AVENUE SPOKANE WA 99201 CHARLES T CASSELS CFO 5094554700 2022-08-03 1 CHARLES CASSELS 999009999 EMINA O CRESSWELL CPA P01217304 5097472600 2022-08-03 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JACK FALLIS 1500 W FOURTH AVENUE SPOKANE WA 99201 31128717 0 X WWW.GLOBALCU.ORG X 1954 WA THE ORGANIZATION IS A CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 7 6 235 10 386121 0 0 0 26614203 29859277 749759 590216 147410 183644 27511372 30633137 65500 95500 0 0 11816294 13602005 0 0 0 13692469 12293145 25574263 25990650 1937109 4642487 543383087 613886782 496685677 562902090 46697410 50984692 THE ORGANIZATION IS A CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 0 0 THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO 46,322 MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING REAL ESTATE AND OTHER SECURED/UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. 0 0 1 0 0 0 0 1 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 8947 0 1 235 1 1 1 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 ID X TIM CASSELS 5094554700 1500 W FOURTH AVENUE SPOKANE WA 99201 JACK L FALLIS JR PRESIDENT/CEO/TREASURER 40.00 1.00 X X 669192 0 88828 MARY STARKEY VP OF OPERATIONS/COO 40.00 X 276084 0 34533 KAY KEYSER REAL ESTATE LENDING MANAGER 40.00 X 280828 0 25809 CHARLES T CASSELS CFO/VP FINANCE AND ACCOUNTING 40.00 X 226118 0 21764 JUANITA SMITH MORTGAGE LOAN OFFICER 40.00 X 189747 0 20089 KIM SHILL VP OF LENDING 40.00 X 180847 0 20092 JOHN BEEBE MORTGAGE LOAN OFFICER 40.00 X 184306 0 15343 CHERIE WELCH MORTGAGE LOAN OFFICER 40.00 X 181498 0 16681 DAVID CUMMINGS VP OF IT/CIO 40.00 X 176319 0 17839 YVONNE HOLLAND VP OF BRANCH OPERATIONS 40.00 X 143311 0 16385 THOMAS A PAULEY BOARD CHAIRMAN 5.00 1.00 X 0 0 0 HAROLD WESTBROOK BOARD VICE CHAIRMAN 5.00 1.00 X 0 0 0 MARC HUGHES BOARD SECRETARY 5.00 1.00 X 0 0 0 JOSE M TORTORELLI DIRECTOR 5.00 1.00 X 0 0 0 RONA RITCHIE DIRECTOR 5.00 1.00 X 0 0 0 MILLARD BUSCH DIRECTOR 5.00 1.00 X 0 0 0 2508250 0 277363 13 0 1 0 COOK SECURITY GROUP 9225 NE CASCADES PKWY PORTLAND OR 97220 SECURITY SYSTEM SUPPLIER 801617 BALES CONTRUCTION 5620 DESMET AVE SPOKANE WA 99212 COMMERCIAL CONSTRUCTION 729452 JACK HENRY & ASSOCIATESINC PO BOX 609 MONETT MO 65708 IT/CORE SYSTEM LICENSE & MAINTENANCE 497969 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 900740641 ONLINE AND E-SERVICE LICENSE & MAINTENAN 462424 QWEST LONG DISTANCE BUSINESS SERVICESCE PO BOX 52187 PHOENIX AZ 85072 TELECOMMUNICATIONS 365709 19 LOAN INTEREST 522100 20495760 20495760 OTHER INCOME 524298 3719098 3719098 VISA/DEBIT CARD INCOME 522100 3584564 3584564 FEE INCOME 522100 2059855 1673734 386121 29859277 590216 590216 679224 495580 183644 183644 183644 30633137 29473156 386121 773860 95500 1711615 9798326 306681 1044225 741158 76588 87812 512452 613049 812841 2004048 885815 124073 89966 1426868 2051281 91408 PROVISION FOR LOAN LOSS 1521866 LOAN SERVICING 1129636 MEMBER SERVICING 454483 OTHER EMPLOYEE SERVICES 266066 144893 25990650 8244293 8814312 38896622 28081570 7746340 8955829 8068548 8163003 385933528 455635359 1761775 2453577 37019615 14127892 22572920 22891723 37687022 45198410 32472039 33692999 543383087 613886782 2752029 3232139 53919 41761 9999750 9000000 483879979 550628190 496685677 562902090 X 0 0 0 0 46697410 50984692 46697410 50984692 543383087 613886782 4642487 -355205 0 X 0 0 0 4692 4692 4692 1 CREDIT UNION LEGISLATIVE ACTION FUND 18000 INTERNATIONAL BLVD SUITE 350 SEATAC WA 98188 800043051 4692 PART I-A, LINE 1: THE CREDIT UNIONS ONLY INDIRECT POLITICAL CAMPAIGN ACTIVITY IS A CONTRIBUTION TO THE CREDIT UNION LEGISLATIVE ACTION COMMITTEE. 0 1 X 3254164 3254164 17701263 4109000 13592263 2177226 1520527 656699 10311681 8064265 2247416 3575281 434100 3141181 22891723 FHLB STOCK 1003400 C INVESTMENTS AVAILABLE FOR SALE 42725980 F LOANS HELD FOR SALE 1469030 C 45198410 ACCRUED INTEREST 1458810 OTHER ASSETS & RECEIVABLES 18061901 NCUA SHARE INSURANCE FUND 4786644 DEPOSITS IN COMMERCIAL BANKS 3984000 CREDIT UNION OWNED LIFE INSURANCE POLICIES 5401644 33692999 SHARES & DEPOSITS 550151495 DEFERRED COMPENSATION 473778 SBA DEFERRED FEES 2917 550628190 PART IV, LINE 2B: THE CREDIT UNION HAS SHORT TERM HOLDINGS OF MEMBER ESCROW FUNDS THAT GET TRANSMITTED TO DMI FOR PAYMENTS. DMI SERVICES THE PAYMENTS WHICH INCLUDE COUNTY TAX PAYMENTS AND INSURANCE. 1 EASTERN WASHINGTON UNIVERSITY FOUNDATION 520 5TH ST CHENEY WA 990049975 911019819 501(C)(3) 10000 0 PLEDGE TO THE UNIVERSITY'S EAGLE ATHLETIC FUND MEALS ON WHEELS 1222 WEST SECOND AVE SPOKANE WA 99201 910833015 501(C)(3) 6000 0 COTTON CLASSIC DINNER SPONSOR NAF FAIRCHILD AFB 10 W ENT ST FAIRCHILD AFB WA 99011 910741496 GOVERNMENT 15000 0 PREMIER SPONSORSHIP - FAIRCHILD AIR FORCE CITY OF SPOKANE PARKS & RECREATION 808 W SPOKANE FALLS BLVD SPOKANE WA 99201 916001280 GOVERNMENT 25000 0 VIETNAM VETERANS MEMORIAL INLAND NORTHWEST COUNCILBOY SCOUTS OF AMERICA 411 W BOY SCOUT WAY SPOKANE WA 99201 910567262 501(C)(3) 12500 0 EVENT SPONSORSHIPS LADIES & GENTLEMEN OF WA STATE VETERANS CEMETERY PO BOX 1562 AIRWAY HEIGHTS WA 99001 272759459 501(C)(3) 16000 0 KOREAN WAR MEMORIAL SAFETY NET PO BOX 13706 SPOKANE VALLEY WA 992133706 455010888 501(C)(3) 6000 0 GENERAL SUPPORT 7 0 PART I, LINE 2: WRITTEN DOCUMENTATION IS RECEIVED AND REVIEWED BY THE VP OF MARKETING & STRATEGY, EVP OF OPERATIONS, OR PRESIDENT. THE RECEIVED RECORDS ARE VERIFIED FOR ENTITY ELIGIBILITY AND ALIGNMENT OF PURPOSE TO CREDIT UNION GOALS PRIOR TO APPROVAL OF ANY GRANTED FUNDS. THIS REVIEW PROCESS ALSO ENSURES THAT ALL GRANT FUNDS ARE DISTRIBUTED AND USED WITHIN THE U.S. X X 1 1 X X X 0 1 0 JACK L FALLIS JR PRESIDENT/CEO/TREASURER 580001 0 69614 0 19577 0 58594 0 30234 0 758020 0 0 0 MARY STARKEY VP OF OPERATIONS/COO 245018 0 27771 0 3295 0 26178 0 8355 0 310617 0 0 0 KAY KEYSER REAL ESTATE LENDING MANAGER 97465 0 183363 0 0 0 17454 0 8355 0 306637 0 0 0 CHARLES T CASSELS CFO/VP FINANCE AND ACCOUNTING 201947 0 22392 0 1779 0 13409 0 8355 0 247882 0 0 0 JUANITA SMITH MORTGAGE LOAN OFFICER 42631 0 147116 0 0 0 11734 0 8355 0 209836 0 0 0 KIM SHILL VP OF LENDING 174792 0 6055 0 0 0 11737 0 8355 0 200939 0 0 0 JOHN BEEBE MORTGAGE LOAN OFFICER 46524 0 137782 0 0 0 6545 0 8798 0 199649 0 0 0 CHERIE WELCH MORTGAGE LOAN OFFICER 49950 0 131548 0 0 0 8435 0 8246 0 198179 0 0 0 DAVID CUMMINGS VP OF IT/CIO 167007 0 9312 0 0 0 9484 0 8355 0 194158 0 0 0 YVONNE HOLLAND VP OF BRANCH OPERATIONS 137256 0 6055 0 0 0 8030 0 8355 0 159696 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS MAY BE ALLOWED WITH BOARD APPROVAL FOR SPOUSE/COMPANION. THE EXPENSE MUST BE APPROVED IN ADVANCE AND A BUSINESS NEED ESTABLISHED. HEALTH CLUB DUES ARE PAID FOR JACK FALLIS, MARY STARKEY AND CHARLES T. CASSELS. THE AMOUNTS ARE INCLUDED IN THEIR RESPECTIVE TAXABLE WAGES. PART I, LINE 4B JACK FALLIS CEO, PARTICIPATES IN SPLIT DOLLAR LOAN ARRANGEMENT AS DISCLOSED ON SCHEDULE L. JACK FALLIS CEO EXECUTIVE COMPENSATION X 7906878 8163003 0 1 1 8163003 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION OPERATES AS A CREDIT UNION CONSISTING OF ONE CLASS OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY ARE ELECTED BY VOTE OF THE CREDIT UNION MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE CREDIT UNION'S FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER WHO THEN REPORTS TO THE PRESIDENT/CEO. THE PRESIDENT/CEO THEN PROVIDES A COPY OF THE 990 TO BE REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS DESCRIBED IN THE EMPLOYEE HANDBOOK. CONFLICTS OF INTEREST ARE REVIEWED BY MANAGEMENT. DEPENDING ON THE SEVERITY OF THE CONFLICT, EMPLOYEES ARE PLACED ON PROBATION OR TERMINATED. DIRECTORS/SUPERVISORY COMMITTEE MEMBERS MUST ACKNOWLEDGE THE "BOARD OF DIRECTOR'S ETHICS/CONFLICT OF INTEREST POLICY" EACH YEAR, TYPICALLY IN MARCH. THE POLICY STRICTLY PROHIBITS MOST CONFLICTS (GIFTS, SOLICITATIONS, LEGACIES, INFORMATION INTERLOCKS, COMMISSION, ETC). LOANS ARE THE EXCEPTION, IN WHICH CASE THE ENTIRE BOARD MUST APPROVE THEM INDIVIDUALLY AND THEY CANNOT BE PREFERENTIAL. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR REVIEWING THE COMPENSATION PAID TO THE ORGANIZATION'S CEO, OFFICERS, AND EMPLOYEES INCLUDES A COMPENSATION STUDY, AND REVIEW AND APPROVAL OF COMPENSATION BY A COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE MAIN OFFICE. MEMBERS SERVICE GROUP INC PO BOX 3200 SPOKANE WA 99220 911316353 CUSO - INSURANCE PRODUCTS AND PAYDAY LENDING WA GLOBAL CREDIT UNION C 187 71642 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0