2020-09-21T09:12:43-05:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 109 N MAIN STREET SUITE 200 AUSTIN MN 55912 990 2019-01-01 391020437 PREMIER FINANCIAL CREDIT UNION PREM 9208984232 2017 MAIN STREET NEW HOLSTEIN WI 53061 BRAD GRANT PRESIDENT & CEO 9208984232 2020-08-31 1 TANYA MEDGAARDEN P01717240 5074347000 2020-08-31 67.137.57.251 2020-08-31 14:00:56 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1CCF7D792A9AC9F30B157F97210327D63D0E1227 2019 2022-02-16 14:24:37Z BRAD GRANT 2017 MAIN NEW HOLSTEIN WI 53061 4239989 0 X YOURPFCU.COM X 1962 WI SEE ATTACHED STATEMENT ON SCHEDULE O. TO PROVIDE IN A SOUND AND BUSINESSLIKE MANNER, FOR OUR FIELD OF MEMBERSHIP,SIMPLE YET FLEXIBLE PROGRAMS TO HELP ACHIEVE A BETTER SOCIAL AND ECONOMIC LIFE FOR MEMBERS AND COMMUNITY, MAINTAINING THE CREDIT UNION'S FRIENDLY MEMBER OWNED PHILOSOPHY. 7 7 48 7 0 0 0 0 3061495 3451607 686069 627262 136910 158353 3884474 4237222 0 0 0 127083 1528442 1816417 0 0 0 1930944 1737468 3459386 3680968 425088 556254 95601899 98484476 87066588 89550460 8535311 8934016 TO PROVIDE IN A SOUND AND BUSINESSLIKE MANNER, FOR OUR FIELD OF MEMBERSHIP,SIMPLE YET FLEXIBLE PROGRAMS TO HELP ACHIEVE A BETTER SOCIAL AND ECONOMIC LIFE FOR MEMBERS AND COMMUNITY, MAINTAINING THE CREDIT UNION'S FRIENDLY MEMBER OWNED PHILOSOPHY. 0 0 PROVIDED LOW-COSTS FINANCIAL SERVICES TO ITS MEMBERS. SERVED MEMBERS' INTEREST BY ACCEPTING DEPOSITS, GRANTING LOANS, AND INVESTING EXCESS FUNDS IN A PRUDENT MANNER. 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2063 0 48 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X BRAD GRANT 9208984232 2017 MAIN NEW HOLSTEIN WI 53061 MARY JO MUELLENBACH CHAIRPERSON 1.00 X X 0 0 0 JEROME G AUSLOOS VICE CHAIRPERSON 1.00 X X 0 0 0 SANDRA BURG SECRETARY 1.00 X X 0 0 0 PHILIP VERGOWE TREASURER 1.00 X X 0 0 0 THOMAS MUELLER BOARD MEMBER 1.00 X 0 0 0 KATHY BILLMANN BOARD MEMBER 1.00 X 0 0 0 JARED ROECK BOARD MEMBER 1.00 X 0 0 0 STEVEN NOTHEM CEO 40.00 X 166369 0 513 BRAD GRANT PRESIDENT 40.00 X 100637 0 10963 DIANE RIEDER VICE PRESIDENT/CFO 40.00 X 96137 0 451 363143 0 11927 2 0 1 0 0 INTEREST INCOME ON LOA 522291 2558929 2558929 FEE INCOME 523000 701885 701885 OTHER OPERATING INCOME 522100 190793 190793 3451607 630029 630029 2767 -2767 -2767 -2767 OTHER INCOME 900099 158353 158353 158353 4237222 3451607 0 785615 X 127083 375070 1162370 89119 72476 117382 6720 21600 387836 70836 209511 126049 54556 152 136955 ATM/CARD AND SERVICE PR 491690 LOAN SERVICING EXPENSE 182352 PROVISION FOR LOAN LOSS 33000 ALL OTHER EXPENSES 8731 7480 3680968 2302809 1836824 30041182 21310023 77339 44900 56034527 55491258 2502211 2233987 5958788 1860254 3341891 4098534 3000000 849813 5208000 452127 5260950 95601899 98484476 669686 1428103 6899 3165 86390003 88119192 87066588 89550460 X 0 0 0 0 8535311 8934016 8535311 8934016 95601899 98484476 X 556254 -157549 X 0 0 0 0 1 X 592045 592045 2969879 665942 2303937 56579 24965 31614 1624197 1169347 454850 716088 716088 4098534 HELD-TO-MATURITY 5208000 C 5208000 ACCRUED INTEREST RECEIVABLES 176876 CUNA MUTUAL ASSETS 299579 MISCELLANEOUS ASSETS 3528994 FORECLOSED ASSETS 32000 NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT 856162 LOANS HELD FOR SALE 367339 5260950 SHARES DRAFT 18167630 REGULAR SHARES 39394774 SHARES CERTIFICATES 5255960 IRA DEPOSITS 4767989 OTHER SHARES 1567690 MONEY MARKET SHARES 18965149 88119192 PART IV, LINE 2B: ESCROW PAYMENTS FOR REAL ESTATE TAXES ARE PAID IN MONTHLY WITH THE LOAN PAYMENT TO AN INTEREST BEARING ACCOUNT AND THEN DISTRIBUTED TO THE CORRECT TAXING AUTHORITY WHEN STATEMENTS ARE ISSUED. 0 0 0 STEVEN NOTHEM CEO 166369 0 0 0 0 0 0 0 513 0 166882 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISIONS BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED IN THE ORGANIZATION'S BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF THE MEMBERSHIP, UNLESS MANDATED BY REGULATORY AGENCY (I.E. NCUA, WISCONSIN OFFICE OF CREDIT UNIONS). FORM 990, PART VI, SECTION B, LINE 11B REVIWED BY PRESIDENT AND CHAIRMAN OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ACCOUNTS ARE MONITORED BY THE DATA PROCESSING SYSTEM AND THE COMPLIANCE OFFICER. FORM 990, PART VI, SECTION B, LINE 15 THERE ARE ANNUAL REVIEWS AND PERFORMANCE EVALUATIONS DONE BY THE BOARD OF DIRECTORS FOR THE CEO AND BY THE IMMEDIATE SUPERVISOR FOR ALL OTHER PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED AT VARIOUS LOCATIONS IN AND OUTSIDE THE CREDIT UNION. NO DISCLOSURE IS MADE FOR THE CONFLICT OF INTEREST POLICY OR GOVERNING DOCUMENTS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES 387,836. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME -239,049. PENSION LIABILITY - ACCOUNTING PRONOUNCEMENT 81,500.