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            <CityNm>PHOENIX</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85072</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>INTERNETPHONE</ServicesDesc>
        <CompensationAmt>112548</CompensationAmt>
      </ContractorCompensationGrp>
      <CntrctRcvdGreaterThan100KCnt>5</CntrctRcvdGreaterThan100KCnt>
      <ProgramServiceRevenueGrp>
        <Desc>LOAN INCOME</Desc>
        <BusinessCd>522291</BusinessCd>
        <TotalRevenueColumnAmt>6511098</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>6511098</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>FINANCIAL SERVICES INC</Desc>
        <BusinessCd>523000</BusinessCd>
        <TotalRevenueColumnAmt>297860</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>297860</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>FEE INCOME</Desc>
        <BusinessCd>522100</BusinessCd>
        <TotalRevenueColumnAmt>1880543</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>1880543</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>MORTGAGE INCOME</Desc>
        <BusinessCd>522292</BusinessCd>
        <TotalRevenueColumnAmt>227660</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>227660</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>OTHER OPERATING INCOME</Desc>
        <BusinessCd>522100</BusinessCd>
        <TotalRevenueColumnAmt>152017</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>152017</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <TotalProgramServiceRevenueAmt>9069178</TotalProgramServiceRevenueAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>504015</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>504015</RelatedOrExemptFuncIncomeAmt>
      </InvestmentIncomeGrp>
      <GrossRentsGrp>
        <PersonalAmt>17117</PersonalAmt>
      </GrossRentsGrp>
      <RentalIncomeOrLossGrp>
        <PersonalAmt>17117</PersonalAmt>
      </RentalIncomeOrLossGrp>
      <NetRentalIncomeOrLossGrp>
        <TotalRevenueColumnAmt>17117</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>17117</RelatedOrExemptFuncIncomeAmt>
      </NetRentalIncomeOrLossGrp>
      <GrossAmountSalesAssetsGrp>
        <SecuritiesAmt>-13886</SecuritiesAmt>
      </GrossAmountSalesAssetsGrp>
      <GainOrLossGrp>
        <SecuritiesAmt>-13886</SecuritiesAmt>
      </GainOrLossGrp>
      <NetGainOrLossInvestmentsGrp>
        <TotalRevenueColumnAmt>-13886</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>-13886</RelatedOrExemptFuncIncomeAmt>
      </NetGainOrLossInvestmentsGrp>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>9576424</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>9576424</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>0</ExclusionAmt>
      </TotalRevenueGrp>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>744064</TotalAmt>
      </CompCurrentOfcrDirectorsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>2666399</TotalAmt>
      </OtherSalariesAndWagesGrp>
      <PensionPlanContributionsGrp>
        <TotalAmt>88282</TotalAmt>
      </PensionPlanContributionsGrp>
      <OtherEmployeeBenefitsGrp>
        <TotalAmt>729401</TotalAmt>
      </OtherEmployeeBenefitsGrp>
      <PayrollTaxesGrp>
        <TotalAmt>262312</TotalAmt>
      </PayrollTaxesGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>32400</TotalAmt>
      </FeesForServicesAccountingGrp>
      <AdvertisingGrp>
        <TotalAmt>148206</TotalAmt>
      </AdvertisingGrp>
      <OfficeExpensesGrp>
        <TotalAmt>718195</TotalAmt>
      </OfficeExpensesGrp>
      <InformationTechnologyGrp>
        <TotalAmt>805849</TotalAmt>
      </InformationTechnologyGrp>
      <OccupancyGrp>
        <TotalAmt>338146</TotalAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>27290</TotalAmt>
      </TravelGrp>
      <InterestGrp>
        <TotalAmt>441109</TotalAmt>
      </InterestGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>371959</TotalAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>57443</TotalAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>LOAN SERVICING</Desc>
        <TotalAmt>401518</TotalAmt>
        <ProgramServicesAmt>401518</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>LOAN LOSS EXPENSE</Desc>
        <TotalAmt>330000</TotalAmt>
        <ProgramServicesAmt>330000</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>ASSOCIATION DUES</Desc>
        <TotalAmt>29199</TotalAmt>
        <ProgramServicesAmt>29199</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>MISCELLANEOUS</Desc>
        <TotalAmt>199413</TotalAmt>
        <ProgramServicesAmt>199413</ProgramServicesAmt>
      </OtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>8391185</TotalAmt>
        <ProgramServicesAmt>0</ProgramServicesAmt>
        <ManagementAndGeneralAmt>0</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>952115</BOYAmt>
        <EOYAmt>895772</EOYAmt>
      </CashNonInterestBearingGrp>
      <AccountsReceivableGrp>
        <BOYAmt>521564</BOYAmt>
        <EOYAmt>693868</EOYAmt>
      </AccountsReceivableGrp>
      <OthNotesLoansReceivableNetGrp>
        <BOYAmt>132526772</BOYAmt>
        <EOYAmt>128455533</EOYAmt>
      </OthNotesLoansReceivableNetGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>157134</BOYAmt>
        <EOYAmt>194561</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>11599251</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>5169363</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>6788351</BOYAmt>
        <EOYAmt>6429888</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsOtherSecuritiesGrp>
        <BOYAmt>22526259</BOYAmt>
        <EOYAmt>32169034</EOYAmt>
      </InvestmentsOtherSecuritiesGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>828518</BOYAmt>
        <EOYAmt>985053</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>164300713</BOYAmt>
        <EOYAmt>169823709</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>5478692</BOYAmt>
        <EOYAmt>2344104</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>5478692</BOYAmt>
        <EOYAmt>2344104</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
      <CapStkTrPrinCurrentFundsGrp>
        <BOYAmt>144360929</BOYAmt>
        <EOYAmt>151402983</EOYAmt>
      </CapStkTrPrinCurrentFundsGrp>
      <RtnEarnEndowmentIncmOthFndsGrp>
        <BOYAmt>14461092</BOYAmt>
        <EOYAmt>16076622</EOYAmt>
      </RtnEarnEndowmentIncmOthFndsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>158822021</BOYAmt>
        <EOYAmt>167479605</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>164300713</BOYAmt>
        <EOYAmt>169823709</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>1185239</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>430291</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>7042054</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>true</AccountantCompileOrReviewInd>
      <AcctCompileOrReviewBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </AcctCompileOrReviewBasisGrp>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleD documentId="990D">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>2487373</OtherCostOrOtherBasisAmt>
        <BookValueAmt>2487373</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>6900626</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>3101277</DepreciationAmt>
        <BookValueAmt>3799349</BookValueAmt>
      </BuildingsGrp>
      <LeaseholdImprovementsGrp>
        <DepreciationAmt>137362</DepreciationAmt>
        <BookValueAmt>-137362</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>2211252</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>1930724</DepreciationAmt>
        <BookValueAmt>280528</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>6429888</TotalBookValueLandBuildingsAmt>
      <OtherSecuritiesGrp>
        <Desc>AFS SECURITIES</Desc>
        <BookValueAmt>6311316</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>INVESTMENT IN CUFN</Desc>
        <BookValueAmt>25000</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>FHLB STOCK</Desc>
        <BookValueAmt>338700</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>OTHER INVESTMENTS</Desc>
        <BookValueAmt>25494018</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </OtherSecuritiesGrp>
      <TotalBookValueSecuritiesAmt>32169034</TotalBookValueSecuritiesAmt>
      <OtherAssetsOrgGrp>
        <Desc>OTHER ASSETS</Desc>
        <BookValueAmt>985053</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>985053</TotalBookValueOtherAssetsAmt>
      <TotalRevEtcAuditedFinclStmtAmt>9593308</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>16884</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>16884</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>9576424</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>9576424</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>8391185</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>8391185</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>8391185</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="990J">
      <TravelForCompanionsInd>X</TravelForCompanionsInd>
      <WrittenPolicyRefTAndEExpnssInd>true</WrittenPolicyRefTAndEExpnssInd>
      <SubstantiationRequiredInd>true</SubstantiationRequiredInd>
      <CompensationCommitteeInd>X</CompensationCommitteeInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>MARGARET A HUNNICUTT</PersonNm>
        <TitleTxt>FORMER PRESIDENTCEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>193172</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>16000</BonusFilingOrganizationAmount>
        <OtherCompensationFilingOrgAmt>1847</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>24751</DeferredCompensationFlngOrgAmt>
        <TotalCompensationFilingOrgAmt>235770</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>RICHARD LANDIS</PersonNm>
        <TitleTxt>WEALTH MANAGEMENT ADVISOR</TitleTxt>
        <BaseCompensationFilingOrgAmt>24000</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>144928</BonusFilingOrganizationAmount>
        <OtherCompensationFilingOrgAmt>60</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>4241</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>16112</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>189341</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Members or stockholder classes and rights Part VI line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>AN INDIVIDUAL BECOME A MEMBER/OWNER/SHAREHOLDER BY JOINING THE CREDIT UNION, PURCHASING ONE PAR VALUE SHARE AND ABIDING BY THE BYLAWS AND OTHER GOVERNANCE DOCUMENTS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Member election for additional members Part VI line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH YEAR AN ANNUAL MEETING IS HELD WHEREBY MEMBERS ELECT THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS DIRECT THE ACTIVITIES OF THE CREDIT UNION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing body decisions Part VI line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>DAY TO DAY OPERATIONS ARE PERFORMED BY THE EXECUTIVE MANAGEMENT TEAM AT THE DIRECTION OF THE BOARD OF DIRECTORS. BYLAW CHANGES ARE VOTED ON BY THE BOARD OF DIRECTORS AND RATIFIED BY THE MEMBERSHIP AT THE ANNUAL BUSINESS MEETING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>REVIEWED BY CEO AND CFO AND THEN A REVIEW IS PROVIDED TO THE BOARD OF DIRECTORS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Conflict of interest policy compliance Part VI line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>CONFLICTS OF INTEREST ARE DISCLOSED ON AN ONGOING BASIS AND AT LEAST ANNUALLY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>CEO executive director top management comp Part VI line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>PRESIDENT/CEO SALARY AND BENEFITS ARE DETERMINED BY BOARD OF DIRECTORS. CEO DETERMINES SALARY FOR ALL EMPLOYEES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other officer or key employee compensation Part VI line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>OTHER OFFICERS COMPENSATION DETERMINED BY THE CEO AND MANAGEMENT OFFICIALS BASED ON BUSINESS NEEDS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 availability to public Part VI line 18</FormAndLineReferenceDesc>
        <ExplanationTxt>DOCUMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>DOCUMENTS MADE AVAILABLE UPON REQUEST</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Explanation of other changes in net assets or fund balances Part XI line 9</FormAndLineReferenceDesc>
        <ExplanationTxt>CHANGES IN MEMBER SHARE BALANCES.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>