2019-11-15T09:12:26-06:00 2018-12-31 420714325 RSM US LLP 801 NICOLLET MALL WEST TOWER STE 1100 MINNEAPOLIS MN 554022526 990 2018-01-01 951797779 ORANGE COUNTY'S CREDIT UNION ORAN 7147555900 PO BOX 11777 SANTA ANA CA 92711 JONATHAN NEBOT CFO 7147555900 2019-11-14 1 KACIE MCEWEN P01599614 6123324300 66.98.98.3 2019-11-14 18:08:51 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B56786F7D21A8F39D00ED83C272556B8DDCB8C36 2018 2020-04-17 16:48:07Z SHRUTI MIYASHIRO PO BOX 11777 SANTA ANA CA 92711 108213889 0 X WWW.ORANGECOUNTYSCU.ORG X 1938 CA OUR MISSION IS TO MAINTAIN FINANCIAL STRENGTH IN ORDER TO PROVIDE CONVENIENT ACCESS, EXCEPTIONAL SERVICE, AND FINANCIAL SOLUTIONS TO MEET THE UNIQUE NEEDS OF OUR DIVERSE MEMBERSHIP AND COMMUNITIES. 7 7 368 11 778388 0 0 0 60408654 68985704 6440689 9537684 12600 12600 66861943 78535988 0 0 4376685 6297330 25837597 28050052 0 0 0 24098989 26412427 54313271 60759809 12548672 17776179 1562235515 1618759275 1410363613 1449541854 151871902 169217421 OUR MISSION IS TO MAINTAIN FINANCIAL STRENGTH IN ORDER TO PROVIDE CONVENIENT ACCESS, EXCEPTIONAL SERVICE, AND FINANCIAL SOLUTIONS TO MEET THE UNIQUE NEEDS OF OUR DIVERSE MEMBERSHIP AND COMMUNITIES. 0 0 ORANGE COUNTY'S CREDIT UNION OFFERS THE FOLLOWING CONSUMER LOAN PRODUCTS TO OUR MEMBERS: AUTOMOBILE, MORTGAGE, OTHER SECURED, AND UNSECURED. AS OF DECEMBER 31, 2018 OUR LOANS PORTFOLIO HAD 59,529 LOANS OUTSTANDING TOTALING $1.036 BILLION. ORANGE COUNTY'S CREDIT UNION OFFERS THE FOLLOWING COMMERCIAL LOAN PRODUCTS TO OUR MEMBERS: COMMERCIAL MORTGAGE, AND INSTALLMENT. AS OF DECEMBER 31, 2018 OUR LOANS PORTFOLIO HAD 136 LOANS OUTSTANDING TOTALING $152.1 MILLION. ORANGE COUNTY'S CREDIT UNION OFFERS THE FOLLOWING SHARES ACCOUNTS TO OUR RETAIL AND COMMERCIAL MEMBERSHIP: SAVINGS, CHECKING, MONEY MARKET, IRA, CERTIFICATE OF DEPOSIT, AND INVESTMENT SERVICES. AS OF DECEMBER 31, 2018 WE HAD 228,036 ACCOUNTS TOTALING $1.399 BILLION. 0 0 1 0 0 0 0 1 0 1 1 0 1 1 1 1 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 25757 0 1 368 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 0 0 0 CA X JONATHAN NEBOT CFO 7147555900 PO BOX 11777 SANTA ANA CA 92711 GARY BURTON DIRECTOR (JAN-MAY)/CHAIR (JUN-DEC) 1.00 X X 0 0 0 VIKKI BEATLEY CHAIR (JAN - MAY)/VICE CHAIR (JUNE - DEC) 1.00 X X 0 0 0 COLEEN MONTELEONE TREASURER (6/27/18 - 12/31/18) 1.00 X X 0 0 0 CHRIS CHASE TREASURER 1.00 X X 0 0 0 FRANK KIM DIRECTOR 1.00 X 0 0 0 MIKE JENSEN DIRECTOR 1.00 X 0 0 0 DAN DILLON SECRETARY 1.00 X X 0 0 0 SHRUTI MIYASHIRO PRESIDENT/CEO 40.00 X 664294 0 67772 ROBERT GREGORY KRAUSE CFO 40.00 X 263612 0 126434 LYNDA LEE SAVOIT COO 40.00 X 257975 0 117153 WARREN JEFFREY HARPER CLO 40.00 X 233299 0 143643 LAURA THOMPSON CIO 40.00 X 216763 0 56854 DAHL ANN ROBINSON VP ORGANIZATIONAL DEVELOPMENT 40.00 X 193511 0 24142 STEVEN RITCHIE VP ERM 40.00 X 195283 0 15571 SUSAN HUSS VP CONSUMER LENDING 40.00 X 175850 0 28513 ART ARMAS VP BUSINESS SERVICES 40.00 X 181784 0 34469 CARLOS MIRAMONTEZ VP MORTGAGE LENDING 40.00 X 206524 0 39492 MONICA CHANDRA FINANCIAL CONSULTANT 40.00 X 398133 0 34417 CATHERINE BARAJAS MORTGAGE SALES MANAGER 40.00 X 236037 0 21687 RYAN HUFF AVP DIGITAL TECH & SOFTWARE ENGINEER 40.00 X 165647 0 13229 DANNY ZELAYA AVP INVESTMENT & INSURANCE SERVICES 40.00 X 196173 0 36903 SHAUN SOUKENIK INVESTMENT SERVICES FINANCIAL CONSULTANT 40.00 X 168285 0 20243 3753170 0 780522 43 0 1 0 KONY INC 9225 BEE CAVE ROAD BUILDING A SUI AUSTIN TX 78733 DIGITAL BANKING APPLICATIONS 1188693 JACK HENRY & ASSOCIATES INC 663 W HWY 60 MONETT MO 65708 ACCOUNTING SOFTWARE 681357 DIMENSION DATA PO BOX 392387 PITTSBURGH PA 15251 INFORMATION TECHNOLOGY 525156 ENVIRONMENTAL CONTRACTING CORP 880 EAST 1ST STREET LOS ANGELES CA 90012 BUILDING CONTRACT SERVICES 499152 BUSINESS DATA INC 321 NORTH OAK STREET INGLEWOOD CA 90302 MAILING SERVICES 459604 46 LOAN SERVICES 522100 45840983 45840983 FEES AND CHARGES 522100 21579197 20800809 778388 OTHER INCOME 522100 1565524 1565524 68985704 7180585 7180585 12600 0 12600 12600 12600 32035000 29677901 2357099 2357099 2357099 78535988 68207316 778388 9550284 6297330 3247108 19350408 1027362 2747246 1677928 382553 87356 165807 16352 285104 1515720 1732729 3078668 2468088 166622 86300 1024720 84735 773880 187333 OPERATIONS 8721375 LOAN SERVICING 3341868 PROVISION FOR LOAN LOSS 2033536 259681 60759809 115990080 138308904 3191853 3459256 1086527090 1184140886 1961943 1797659 42361845 23143327 20541679 19218518 250974868 180077477 83048002 91756575 1562235515 1618759275 8248442 7995838 299095 213612 2016907 2060365 47000000 40750000 1352799169 1398522039 1410363613 1449541854 X 0 0 0 0 151871902 169217421 151871902 169217421 1562235515 1618759275 17776179 -430660 0 X 0 1 X 1 0 5000 5000 5000 1 CALIFORNIA CREDIT UNION LEAGUE POLITICAL ACTION COMMITTEE 1201 K STREET SUITE 150 SACRAMENTO CA 95814 942329967 5000 PART I-A, LINE 1: ORANGE COUNTY'S CREDIT UNION CONTRIBUTED TO THE CALIFORNIA AND NEVADA CREDIT UNION LEAGUE POLITICAL ACTION COMMITTEE (PAC). 0 1 X 3405528 3405528 18873336 6986164 11887172 3569814 3502793 67021 10198613 8241584 1957029 6314554 4412786 1901768 19218518 AVAILABLE FOR SALE 175601761 F OTHER INVESTMENTS 2200000 C CERTIFICATE OF DEPOSITS 350000 C ATM COOP STOCK 1550716 C CUDL STOCK 350000 C C-U FIRST DEPOSIT 25000 C 180077477 FHLB STOCK 7662100 LOANS HELD FOR SALE 1981500 NCUSIF DEPOSIT 13152069 OTHER ASSETS 38619697 LIFE INSURANCE POLICY 30341209 91756575 MEMBER SHARE AND SAVINGS ACCOUNTS 1398522039 1398522039 X 78767000 231012 231012 78535988 0 78535988 60991000 231191 231191 60759809 0 60759809 PART IV, LINE 2B: THE CREDIT UNION HOLDS FUNDS IN ESCROW RELATED TO THE MORTGAGE LOANS OUTSTANDING. PART X, LINE 2: THE CREDIT UNION HAS FILED UNRELATED BUSINESS INCOME TAX (UBIT) RETURNS (990-T) IN THE PAST, WHICH HAS RESULTED IN NO INCOME TAXES PAID FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017. IN ADDITION, THERE WERE NO MATERIAL UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2018 AND 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: ITEMS RECLASSIFIED ON FORM 990 & ROUNDING 231,012. PART XII, LINE 2D - OTHER ADJUSTMENTS: ITEMS RECLASSIFIED ON FORM 990 & ROUNDING 231,191. X X X X X 0 1 0 SHRUTI MIYASHIRO PRESIDENT/CEO 535033 0 125000 0 4261 0 22000 0 46189 0 732483 0 0 0 ROBERT GREGORY KRAUSE CFO 252817 0 5567 0 5228 0 118256 0 8595 0 390463 0 0 0 LYNDA LEE SAVOIT COO 251451 0 5603 0 921 0 97523 0 20046 0 375544 0 0 0 WARREN JEFFREY HARPER CLO 227797 0 4854 0 648 0 118339 0 25721 0 377359 0 0 0 LAURA THOMPSON CIO 204217 0 4400 0 8146 0 41852 0 15420 0 274035 0 0 0 DAHL ANN ROBINSON VP ORGANIZATIONAL DEVELOPMENT 188703 0 4160 0 648 0 15469 0 9091 0 218071 0 0 0 STEVEN RITCHIE VP ERM 189480 0 4075 0 1728 0 15571 0 417 0 211271 0 0 0 SUSAN HUSS VP CONSUMER LENDING 171282 0 3920 0 648 0 13692 0 15238 0 204780 0 0 0 ART ARMAS VP BUSINESS SERVICES 177284 0 3841 0 659 0 15170 0 19716 0 216670 0 0 0 CARLOS MIRAMONTEZ VP MORTGAGE LENDING 201332 0 4544 0 648 0 15807 0 24102 0 246433 0 0 0 MONICA CHANDRA FINANCIAL CONSULTANT 27271 0 370676 0 186 0 22000 0 12834 0 432967 0 0 0 CATHERINE BARAJAS MORTGAGE SALES MANAGER 92941 0 142808 0 288 0 19149 0 2955 0 258141 0 0 0 RYAN HUFF AVP DIGITAL TECH & SOFTWARE ENGINEER 160813 0 3466 0 1368 0 13229 0 417 0 179293 0 0 0 DANNY ZELAYA AVP INVESTMENT & INSURANCE SERVICES 123654 0 72303 0 216 0 13864 0 23457 0 233494 0 0 0 SHAUN SOUKENIK INVESTMENT SERVICES FINANCIAL CONSUL 53132 0 115083 0 70 0 12065 0 8595 0 188945 0 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457(F), NON-QUALIFIED RETIREMENT PLAN: SHRUTI MIYASHIRO LYNDA SAVOIT GREG KRAUSE LAURA THOMPSON WARREN JEFFREY HARPER THERE WERE NO DISTRIBUTIONS DURING 2018. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION TO COMPLETE FORM 990 IS PREPARED BY THE CONTROLLER AND VP OF ORGANIZATION DEVELOPMENT, REVIEWED BY THE CFO, AND SUBMITTED TO THE CPA FOR COMPLETION. FORM 990, PART VI, SECTION B, LINE 12C OUR CONFLICT OF INTEREST POLICIES ARE POSTED ON THE CREDIT UNION'S INTRANET, AND ARE SIGNED BY EACH EMPLOYEE UPON EMPLOYMENT. IF WE HEAR OF A SITUATION WE TAKE ACTION. FORM 990, PART VI, SECTION B, LINE 15 OUR HR TEAM PARTICIPATES IN AT LEAST 3 SALARY SURVEYS AND ANALYZES THAT DATA. THE PERSONNEL COMMITTEE APPROVES THE CEO SALARY. THE CEO AND VP OF HR APPROVE THE ANNUAL SALARY RANGES AND ADJUSTMENTS FOR OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE PUBLISHED ON OUR WEBSITE, AND INTERNAL MONTHLY STATEMENTS ARE POSTED AT OUR BRANCH LOCATIONS. BYLAWS AND THE ARTICLES OF INCORPORATION ARE AVAILABLE UPON REQUEST. CONFLICTS OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC.