2021-05-17T15:41:39-05:00 2020-12-31 390758449 WIPFLI LLP 101 EAST FRONT STREET 301 MISSOULA MT 59802 990 2020-01-01 237155544 PARK SIDE FINANCIAL CREDIT UNION PARK 4068622652 1300 BAKER AVE WHITEFISH MT 59937 JEREMY PRESTA CHIEF EXECUTIVE OFFICER 4068622652 2021-05-11 1 JEREMY PRESTA 999009999 PHILIP L YASENAK CPA P01248379 4067281800 2021-05-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JEREMY PRESTA 1300 BAKER AVE WHITEFISH MT 59937 18014179 0 X HTTPS://WWW.PARKSIDEFCU.COM X 1965 MT PARK SIDE IS A NOT FOR PROFIT FINANCIAL COOPERATIVE THAT PROVIDES FINANCIAL SERVICES TO ITS MEMBERS. 9 9 103 15 18053 0 0 0 13776618 14434433 473905 246359 41140 42240 14291663 14723032 50725 54996 0 0 5863384 5837284 0 0 0 7302826 7710072 13216935 13602352 1074728 1120680 254229752 316011994 228150209 288554654 26079543 27457340 WE WILL BE THE BEST PLACE FOR THE PEOPLE OF WESTERN MONTANA TO GET A LOAN. 0 0 PARK SIDE FINANCIAL CREDIT UNION IS A MEMBER-OWNED CO-OPERATIVE OFFERING A DIVERSE VARIETY OF FINANCIAL SERVICES TO ITS MEMBERS. ITS PRIMARY FINANCIAL SERVICES ARE PROVIDING REAL ESTATE LOANS, CONSUMER LOANS, CHECKING ACCOUNTS, SAVINGS ACCOUNTS, AND TIME DEPOSITS TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 5718 0 1 103 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TROY BRACKEY 4068622652 1300 BAKER AVE WHITEFISH MT 59937 CAROL BENIGER VICE PRESIDENT OF LENDING 40.00 X 111004 0 32283 JOSH KROLL VICE PRESIDENT OF MARKETING 40.00 X 108788 0 29866 LAURA SCOVILLE VICE PRESIDENT OF BACK OFFICE OPERATIONS 40.00 X 106171 0 30039 ALISA MCCONKEY VICE PRESIDENT OF OPERATIONS 40.00 X 102197 0 33039 JEREMY PRESTA CHIEF EXECUTIVE OFFICER 40.00 X 279906 0 39543 TROY BRACKEY CHIEF FINANCE OFFICER 40.00 X 184734 0 28755 MAUREEN BRYAN SENIOR VP OF HUMAN RESOURCES 40.00 X 153384 0 30785 CARL THOMAS CHAIR 1.00 X X 0 0 0 RICK FLINK VICE CHAIR 1.00 X X 0 0 0 TERRY THORPE SECRETARY/TREASURER 1.00 X X 0 0 0 DICK GREEN DIRECTOR 1.00 X 0 0 0 RON JAROSCH DIRECTOR 1.00 X 0 0 0 DIANA LAMERS DIRECTOR 1.00 X 0 0 0 NATASHA OSTREM DIRECTOR (THRU JAN) 1.00 X 0 0 0 RICH PEDERSON DIRECTOR 1.00 X 0 0 0 DARIA PEREZ DIRECTOR 1.00 X 0 0 0 DAVE SUTHERLAND DIRECTOR 1.00 X 0 0 0 1046184 0 224310 7 0 1 0 MEMBER DRIVEN TECHNOLOGIES 30230 ORCHARD LAKE RD FARMINGTON HILLS MI 48334 DATA PROCESSING 683320 TRI CON COMMERCIAL CONSTRUCTION 175 HUTTON RANCH RD STE 103 BOX 283 KALISPELL MT 59901 CONSTRUCTION SERVICES 591617 COOK SECURITY GROUP 9225 NE CASCADES PARKWAY PORTLAND OR 97220 IT SECURITY SERVICES 349941 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 900740641 ONLINE BANKING SERVICES 263632 SETTLEMENT ONE PO BOX 740310 LOS ANGELES CA 900740310 PROPERTY VALUATION 248190 6 INTEREST ON LOANS 522100 10884856 10884856 FEES AND CHARGES 522100 3549577 3531524 18053 14434433 212298 212298 42240 0 42240 42240 42240 2466175 859033 2455948 835199 10227 23834 34061 34061 14723032 14416380 18053 288599 54996 717106 4009646 237516 553587 319429 9150 42024 1047167 460726 800368 4438 415605 12017 173403 703813 89498 DIVIDENDS ON MEMBER SHA 1454837 CREDIT CARD & TRANSACTI 767745 ATM EXPENSE 646469 LOAN SERVICING EXPENSE 574816 507996 13602352 2620495 5555161 6649339 20418528 622779 650449 2660703 2727548 215269076 248844195 731987 654100 17111415 4552488 12874741 12558927 8506794 11550697 1489491 6640874 103603 54375 2700744 6357140 254229752 316011994 1144256 1173874 3000000 7000000 224005953 280380780 228150209 288554654 X 4396339 4396347 0 0 21683204 23060993 26079543 27457340 254229752 316011994 1120680 257117 0 X X 0 1 X 1 0 3254890 3254890 9484431 1941574 7542857 802748 204354 598394 3416974 2300094 1116880 152372 106466 45906 12558927 MEMBER'S SHARES AND CERTIFICATES OF DEPOSIT 280380780 280380780 14723032 0 14723032 0 14723032 13602352 0 13602352 0 13602352 1 PART I, LINE 2: THE ORGANIZATION MAKES DONATIONS THROUGHOUT THE YEAR AND MONITORS THE RECIPIENTS ANNUALLY. THERE WERE NO ORGANIZATIONS THAT RECEIVED MORE THAN $5,000 FROM PARK SIDE FINANCIAL CREDIT UNION IN 2020. X X X 0 1 0 JEREMY PRESTA CHIEF EXECUTIVE OFFICER 240636 0 23732 0 15538 0 16679 0 22864 0 319449 0 0 0 TROY BRACKEY CHIEF FINANCE OFFICER 162792 0 21942 0 0 0 13941 0 14814 0 213489 0 0 0 MAUREEN BRYAN SENIOR VP OF HUMAN RESOURCES 130706 0 21607 0 1071 0 8096 0 22689 0 184169 0 0 0 PART I, LINE 4B JEREMY PRESTA PARTICPATES IN A SPLIT DOLLAR LIFE INSURANCE AGREEMENT WITH THE ORGANIZATION. JEREMY DID NOT RECEIVE ANY DISTRIBUTIONS FROM THIS PLAN DURING 2020. JEREMY PRESTA EMPLOYEE SPLIT-DOLLAR LIFE INSURANCE X 2495000 2727548 0 1 1 2727548 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION CONSISTS OF MEMBERS. TO BE A MEMBER, ONE MUST MAINTAIN A SHARE/SAVINGS ACCOUNT WITH A MINIMUM $5.00 BALANCE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE ENTITLED TO VOTE IN THE ANNUAL ELECTION OF THE BOARD OF DIRECTORS AND ON OTHER MATTERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE THE 990 PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION IS REQUIRED TO DISCLOSE AND MONITOR CONFLICTS OF INTEREST. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES, BOARD AND/OR COMMITTEE MEMBERS, AND FAMILY MEMBERS THEREOF. CONFLICTS OF INTEREST ARE REPORTED TO THE ENTIRE BOARD, AND THE BOARD WILL REVIEW ALL CONFLICTS. THE ORGANIZATION DOES NOT ALLOW FOR TRANSACTIONS THAT CREATE CONFLICTS OF INTEREST. ALL TRANSACTIONS WITH OUTSIDE FIRMS, FRIENDS OR FAMILY MEMBERS THAT ARE DISCLOSED AND DEEMED NOT TO PRESENT A CONFLICT OF INTEREST MUST BE CONDUCTED AT ARM'S LENGTH AND IN THE BEST INTEREST OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD ESTABLISHES AND APPROVES CEO COMPENSATION. OTHER OFFICERS AND C-LEVEL OFFICERS HAVE COMPENSATION DETERMINED BY EXTERNAL CUNA SALARY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC FOR VIEWING WITHIN OUR BRANCH LOBBIES, THE FINANCIALS ARE POSTED TO THE BRANCH LOBBIES ON A QUARTERLY BASIS. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.