2020-11-16T06:50:43-06:00 2019-12-31 390758449 WIPFLI LLP 30 LONG CREEK DRIVE SOUTH PORTLAND ME 041062437 990 2019-01-01 010079380 CPORT CREDIT UNION CPOR 2078786200 PO BOX 777 PORTLAND ME 04104 EUGENE ARDITO PRESIDENT & CEO 2078786200 2020-11-13 1 MARK AYERS P00289581 2077745701 2020-11-13 98.2.194.157 2020-11-13 17:17:31 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3D8294E67223CB9581AE8186BD846F2C4BF948C8 2019 2022-01-07 14:23:13Z EUGENE ARDITO PO BOX 777 PORTLAND ME 04104 14503484 0 X WWW.CPORTCU.ORG X 1931 ME PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 9 8 103 8 81518 0 0 0 11450617 13292926 694440 1014426 271636 196087 12416693 14503439 0 0 978628 1310606 4278317 5128553 0 0 0 5099807 5904540 10356752 12343699 2059941 2159740 218992661 247841205 197719139 224406045 21273522 23435160 PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 0 0 THE CREDIT UNION HAS 25,760 MEMBERS AS OF 12/31/2019. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. 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 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 14701 0 1 103 1 1 1 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 0 1 0 0 0 0 1 0 1 0 1 1 1 0 X KELSEY MARQUIS 2078786200 PO BOX 777 PORTLAND ME 04104 DIDIER HAKIZIMANA DIRECTOR 1.00 X 0 0 0 EUGENE ARDITO PRESIDENT/CEO/DIRECTOR 40.00 X X 423669 0 32531 JAMES CLOUTIER TREASURER 1.00 X X 0 0 0 LINDA MCLEAN DIRECTOR 1.00 X 0 0 0 QUINCY HENTZEL SECRETARY 1.00 X X 0 0 0 SCOTT PAQUET CHAIRMAN 1.00 X X 0 0 0 BARBARA WOOD DIRECTOR 1.00 X 0 0 0 TRAVERSE FOURNIER VICE CHAIRMAN 1.00 X 0 0 0 KEITH CANNNING DIRECTOR 1.00 X 0 0 0 KELSEY MARQUIS SVP/CFO 40.00 X 94985 0 9345 CHRISTIAN VANDYCK SVP/ GENERAL COUNSEL 40.00 X 114753 0 5412 633407 0 47288 2 0 1 0 SYNERGENT 2 LEDGEVIEW DRIVE WESTBROOK ME 04092 CORE PROCESSING AND RELATED SERVICES 1196291 SYSTEMS ENGINEERING 120 EXCHANGE ST PORTLAND ME 04101 INFORMATION TECH. SERVICES 368895 MALAUZAI SOFTWARE INC 12301 RESEARCH BLVD BLD 5 SUITE 1 AUSTIN TX 787592374 ONLINE BANKING PROVIDER 261886 RED THREAD SPACES LLC PO BOX 415213 BOSTON MA 022415213 FURNITURE REMODEL 251521 PORTLAND SAFE PO BOX 1540 GRAY ME 04039 ATM PURCHASES AND MAINTENANCE 248576 9 LOAN INCOME FROM MEMBERS 522291 8711861 8711861 FEE INCOME 522291 4581065 4581065 13292926 1014471 1014471 45 -45 -45 -45 OTHER INCOME 522291 149527 114569 34958 ATM FEES 522291 46560 46560 196087 14503439 13407495 81518 1014426 1310606 560530 3743928 123656 388471 311968 994427 319550 757352 505450 107137 565766 61197 SHARE EXPENSES 1416230 PROVISION FOR LOAN LOSS 532500 LOAN SERVICING 328008 OTHER EXPENSES 200667 116256 12343699 2631093 3897092 36848198 44441939 3007760 3122760 158586968 173270535 17238931 4509090 11716810 12729841 1803615 4868644 4398217 5510394 218992661 247841205 2604196 2954109 195114943 221451936 197719139 224406045 X 0 0 0 0 21273522 23435160 21273522 23435160 218992661 247841205 2159740 1898 0 X 0 1 X 1 0 2665563 2665563 11355841 2571593 8784248 3217527 1937497 1280030 12729841 MEMBER DEPOSITS 221451936 221451936 12660378 45 45 12660333 1843106 1843106 14503439 10500638 45 45 10500593 1843106 1843106 12343699 PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS 45. PART XI, LINE 4B - OTHER ADJUSTMENTS: PROVISION FOR LOAN LOSSES 532,500. INTEREST EXPENSE FROM MEMBER'S SHARES AND SAVINGS ACCOUNTS 1,310,606. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS 45. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROVISION FOR LOAN LOSSES 532,500. INTEREST EXPENSE FROM MEMBER'S SHARES AND SAVINGS ACCOUNTS 1,310,606. X X 0 1 0 EUGENE ARDITO PRESIDENT/CEO/DIRECTOR 348669 0 75000 0 0 0 25000 0 7531 0 456200 0 0 0 PART I, LINE 4B EUGENE ARDITO PARTICIPATES IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. EUGENE ARDITO OFFICER SPLIT DOLLAR INSURANCE AGREEMENT LOAN X 3122760 3122760 0 1 1 3122760 FORM 990, PART VI, SECTION A, LINE 6 CPORT CREDIT UNION HAD 25,760 MEMBERS AS OF 12/31/2019. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - A NOMINATING COMMITTEE WORKS ON ESTABLISHING BOARD MEMBERS, AND THE ENTIRE BOARD APPROVES NEW BOARD MEMBERS. NOMINATIONS ARE ONLY PRESENTED TO CREDIT UNION MEMBERS FOR A VOTE IN THE EVENT THAT THERE IS MORE THAN ONE CANDIDATE. FORM 990, PART VI, SECTION A, LINE 8B CPORT CREDIT UNION DOES NOT HAVE A COMMITTEE AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY, THEREFORE THIS QUESTION IS NOT APPLICABLE. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/CEO (ALSO DIRECTOR) WILL REVIEW THE 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C SENIOR MANAGEMENT REVIEWS DIRECTOR AND KEY EMPLOYEE ACTIVITY FOR POTENTIAL CONFLICTS OF INTEREST TWICE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES COMPENSATION FOR THE CEO, AND THE CEO DETERMINES COMPENSATION FOR OTHER KEY EMPLOYEES. THE CREDIT UNION SUBSCRIBES TO A THIRD-PARTY COMPENSATION SYSTEM WHICH IT USES FOR COMPARABILITY DATA. SALARY DECISIONS ARE DOCUMENTED IN THE EMPLOYEE FILES. FORM 990, PART VI, SECTION C, LINE 19 SOME GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE WRITTEN CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE. BALANCE SHEETS ARE POSTED MONTHLY AT EACH BRANCH, ANNUAL REPORT IS AVAILABLE AT EACH BRANCH, AND THE CALL REPORT IS AVAILABLE ON THE NCUA WEBSITE.