2020-11-16T12:48:44-06:00 2019-12-31 520630619 Rowles & Company LLP 8100 Sandpiper Cir Ste 308 Baltimore MD 21236 990 2019-01-01 520447180 Point Breeze Credit Union POIN 4105847228 11104 McCormick Road Hunt Valley MD 21031 Tonia Niedzialkowski EVP/COO 4105847228 2020-11-16 1 Joseph A Musumeci Jr P00841270 4437255395 2020-11-16 69.251.226.178 2020-11-16 10:43:51 ES P 25BAAC395AB594B7C990D3514F9F8C2B15BC28DC 89FB6105E972F410DFCFB4E291105695CEA10B4E 2019 2022-01-07 14:23:13Z Bernard G McLaughlin 11104 McCormick Road Hunt Valley MD 21031 32259330 0 X www.pbcu.com X 1935 MD State chartered credit union 8 8 146 0 59224 -39003 0 0 24306283 26457807 5039107 5791946 -50999 9577 29294391 32259330 0 0 0 0 9901630 11343527 0 0 0 15333006 15999850 25234636 27343377 4059755 4915953 766117381 773853745 3233786 4614995 762883595 769238750 Our mission is to provide quality financial solutions for every member. 0 0 Point Breeze Credit Union provides lending and deposit services to its approximately 59,144 members. 0 0 0 0 0 0 0 0 0 1 0 0 1 0 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 24223 0 1 146 1 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Marisa Ehrlich 4105847228 11104 McCormick Road Baltimore MD 21031 Michael J Gallagher Vice Chairman 1.26 X 9600 0 0 Cordell D Boone Treasurer 0.91 X 6750 0 200 Lynn B Finckel Secretary 0.64 X 5100 0 200 Howard W Uhl Director 1.07 X 6330 0 0 William R Helmey Director 0.59 X 4500 0 12800 Donald Gundlach Chairman 1.26 X 10500 0 200 Donald D Beynon Jr Director 0.41 X 3600 0 200 Jean Lewis Director 0.45 X 3450 0 200 Jack Wilt Supervisory Committee 0.35 X 1680 0 0 William Cockey Supervisory Committee 0.50 X 2640 0 0 Helen Martinez Supervisory Committee 0.27 X 1080 0 0 Bernard G McLaughlin President/CEO 40.00 X 568946 0 78101 Eugenie Briggs SVP - Marketing 40.00 X 131213 0 29958 Tonia M Niedzialkowski EVP/COO 40.00 X 257848 0 171288 Patricia Brice SVP/CLO 40.00 X 184894 0 156492 Kristin Reynolds SVP - Human Resources 40.00 X 155794 0 146359 Kimberly Mangrum SVP - Member Services 40.00 X 185901 0 139358 Karen Trimp VP - Compliance 40.00 X 120259 0 45938 Cynthia Harrel VP - Operation Suppor 40.00 X 120975 0 46058 Stewart Holbrook VP - IT 40.00 X 129502 0 34333 Beth Bavis VP - Member Business Lending 40.00 X 126842 0 25018 Victoria Amend VP - Collections 40.00 X 111008 0 41337 2148412 0 928040 11 0 1 0 Buch Construction 11292 Buch Way Laurel MD 20723 Construction and Facilities 2101053 Fiserv Inc 225 Fiserv Dr Brookfield WI 53045 Data Processing 1456391 The Long Group 22 Greeley St Merrimack NH 03054 Business Development 1031855 NCR Corp 1300 Seaport Redwood City CA 94063 Software Provider 599700 GTM Architects 7735 Old Georgetown Road Suite 700 Bethesda MD 20814 Architecture 458919 5 Interest on loans 522100 20537955 20537955 Other services 525990 3497316 3497316 Share account services 525990 2103892 2103892 Credit insurance 524298 259420 259420 Nonmember ATM fees 525990 59224 59224 26457807 5791946 5791946 Gain on sale of foreclosed real e 531390 9577 9577 9577 32259330 26408160 59224 5791946 3076452 5946655 509934 1241180 569306 131598 108985 614406 1549461 1690740 1036764 1811783 20780 228723 3738027 1093338 167898 Lending 1437994 Bank service charges 1157043 Loan loss provision 810619 Miscellaneous 401691 27343377 4789748 4278373 46276033 47234169 595133 610937 442008606 486057031 26450506 9907844 13790872 16542662 218679908 175443265 39977081 43687308 766117381 773853745 3233786 4614995 3233786 4614995 X 654349148 652979467 0 0 108534447 116259283 762883595 769238750 766117381 773853745 X 4915953 2808883 -1369681 X X 0 1 X 1 0 2577140 2577140 16639810 4820717 11819093 7233556 5087127 2146429 16542662 NCUSIF deposit 6495745 Accrued interest receivable 1779519 Other assets 15637832 CU owned life insurance 19774212 43687308 32259330 0 32259330 0 32259330 27343377 0 27343377 0 27343377 1 X X X X 0 1 0 Bernard G McLaughlin President/CEO 568946 0 0 0 0 0 38201 0 39900 0 647047 0 0 0 Eugenie Briggs SVP - Marketing 131213 0 0 0 0 0 16911 0 13047 0 161171 0 0 0 Tonia M Niedzialkowski EVP/COO 257848 0 0 0 0 0 142330 0 28958 0 429136 0 0 0 Patricia Brice SVP/CLO 184894 0 0 0 0 0 132770 0 23722 0 341386 0 0 0 Kristin Reynolds SVP - Human Resources 155794 0 0 0 0 0 118849 0 27510 0 302153 0 0 0 Kimberly Mangrum SVP - Member Services 185901 0 0 0 0 0 115321 0 24037 0 325259 0 0 0 Karen Trimp VP - Compliance 120259 0 0 0 0 0 19580 0 26358 0 166197 0 0 0 Cynthia Harrel VP - Operation Suppor 120975 0 0 0 0 0 19737 0 26321 0 167033 0 0 0 Stewart Holbrook VP - IT 129502 0 0 0 0 0 11017 0 23316 0 163835 0 0 0 Beth Bavis VP - Member Business Lending 126842 0 0 0 0 0 939 0 24079 0 151860 0 0 0 Victoria Amend VP - Collections 111008 0 0 0 0 0 19549 0 21788 0 152345 0 0 0 Cordell Boone Director mortgage X 13500 4933 0 1 1 Eugeneie Briggs SVP Marketing credit card X 10000 5114 0 1 1 Howard Uhl Director credit card and auto X 30302 12563 0 1 1 Kimberly Mangrum SVP Member Services auto X 38763 3807 0 1 1 Kristin Reynolds VP Human Resources 2nd mortgage, credit card, and auto X 62236 57296 0 1 1 Lynn Finckel Board Secretary HELOC X 42900 28008 0 1 1 Michael J Gallagher Chairman credit cards, auto, mortgage X 165091 59293 0 1 1 Patricia Brice SVP/CLO mortgage and credit card X 305000 220312 0 1 1 Tonia M Niedzialkowski CFO mortgage, credit card, and auto X 462689 216248 0 1 1 William Cockey Supervisory Committee auto X 5074 3363 0 1 1 William L Ramsey Director credit cards X 77414 0 1 1 610937 Form 990, Part VI, Section A, line 6 The Credit Union has approximately 59,144 members. Form 990, Part VI, Section A, line 7a Credit Union members elect the Board of Directors. Form 990, Part VI, Section B, line 11b The CEO and CFO perform final reviews of Form 990. Form 990, Part VI, Section B, line 12c The Credit Union monitors and enforces compliance with the conflict of interest policy through required disclosure if and when a conflict arises. Form 990, Part VI, Section B, line 15 The compensation committee reviews a national salary survey, evaluates the CEO's performance, and makes a proposal to the board of directors for the CEO's salary. The CEO reviews a national salary survey, reviews performance appraisals, and makes a proposal to the board of directors for officers' salaries. The board of directors discusses and approves the CEO's and officers' salaries. Form 990, Part VI, Section C, line 19 The Credit Union makes its governing documents and conflict of interest policy available to the public upon request. Quarterly financial statements are available through the NCUA website. Annual audited financial statements are provided to members at the annual meeting. Form 990, Part XI, line 9: Net decrease in members' share balances -1,369,681. Form 990, Part XII, Line 2c: The supervisory committee is responsible for oversight of the audit of the financial statements and selection of the independent accountants.