2019-11-15T18:43:25-06:00 2018-12-31 261694946 SCHWARTZ COLE AND ASSOCIATES LLC 11776 W SAMPLE RD STE 106 CORAL SPRINGS FL 330653180 990 2018-01-01 850102571 CREDIT UNIONS IN THE STATE OF NEW M FIRST FINANCIAL CREDIT UNION CRED 5054621115 601 TIJERAS NW ALBUQUERQUE NM 87102 KAREN BROTEN COO 5054621115 2019-11-15 true DANIEL J COLE P00055998 9547551760 2019-11-15 167.68.16.49 2019-11-15 18:43:25 CS P 978C6868E1FFD65FA1F0E03D65B6902AE2D87CAB 5D0280A0F7BC3FECD0BDDAC7B68987F93B77BE44 2018 2020-03-31 21:24:44Z CREDIT UNIONS IN THE STATE OF NEW M KAREN BROTEN 35448974 false X WWW.FFNM.COM X 1937 NM FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGED RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. 9 9 300 12 125710 0 30657958 33457030 1392698 1991944 0 32050656 35448974 0 0 14370690 14978532 0 0 15765944 17392699 30136634 32371231 1914022 3077743 519712050 543612312 478040644 499171240 41671406 44441072 FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGED RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. false false INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS. FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES. EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUS, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS. false false false false false false false false false true false false false true false true true false false false false false false false false false false false true false false false false false false false false false false false true false false true 13530 0 true 300 true true true false false false false false false false X 9 9 false false false false true true true true true false true true false true true true false true true true true true X RONALD MOOREHEAD 5057665600 601 TIJERAS NW ALBUQUERQUE NM 87102 CASSIE KELLEY 1ST VICE CHA 5.00 X X 0 0 0 PABLO RAEL ADVISOR 5.00 X X 0 0 0 CATHY THOMAS SECRETARY/TR 5.00 X 0 0 0 BOYD MILLER DIRECTOR 5.00 X 0 0 0 VINCENT ESPARZA 2ND VICE CH 5.00 X X 0 0 0 LORETTA MONTOYA CHAIRPERSON 5.00 X 0 0 0 CYNTHIA KANE DIRECTOR 5.00 X 0 0 0 JOHN WARNER DIRECTOR 5.00 X 0 0 0 STEWARD LOGAN DIRECTOR 5.00 X 0 0 0 ISRAEL CHAVEZ ADVISOR 5.00 X X 0 0 0 RONALD MOOREHEAD PRESIDENT/CE 45.00 X 427057 0 79329 KAREN BROTEN COO 45.00 X 225306 0 48641 GAVIN GILLETTE SR. VP OF AD 45.00 X 147307 0 39760 GREG SHAVER VP OF ST. IN 45.00 X 121097 0 37835 OLIVIA MARTINEZ VP OF LENDIN 45.00 X 109850 0 27157 RAUL ARROYO DIR OF INTER 45.00 X 103919 0 36458 CLINTON L GRAY VPOF INTRL O 45.00 X 103701 0 21947 1238237 291127 10 false true false CENTURY LINK-505-D08-2040-040 PO BOX 4300 CAROL STREAM IL 601974300 COMMUNICATION 632194 JOHN RENTALS LLC 5925 EDITH BLVD NE ALBUQUERQUE NM 87107 RENTAL 582161 LANVERA 112 WRANGLER DR SUITE 150 COPPELL TX 75019 CU SERVICES 429826 FIS GLOBAL PO BOX 99924 GRAPEVINE TX 75019 CR/DB CARDS 386221 DEBORAH SELIGMAN PO BOX 7806 ALBAQUERQUE NM 871947806 ATTORNEY 368165 21 LOAN INTEREST 20198598 20198598 FEES AND CHARGES 7647062 7647062 OTHER OPERATING INCOME 5485660 5485660 NON-MEMBER ATM FEES 525990 125710 125710 33457030 1716951 1716951 29200 245793 29200 245793 274993 274993 35448974 35323264 125710 780330 9246227 742565 3365031 844379 63652 60681 2452322 1960255 330981 1894026 PROVISIONS FOR LOAN LOSSE 4290000 OFFICE OPERATIONS 3816650 EDUCATIONAL AND PROMOTION 1110632 LOAN SERVICING 945000 468500 32371231 0 0 0 20336882 12634970 13220690 10662853 408583548 436511121 26519042 16958660 9573774 9560382 45416445 52348972 22580711 21894014 519712050 543612312 7326988 6461637 470713656 492709603 478040644 499171240 X 41671406 44441072 41671406 44441072 519712050 543612312 X 3077743 -308077 X false true X true false 1829716 1829716 8218031 2643071 5574960 4076872 2943268 1133604 12394423 11372321 1022102 9560382 MEMBER SHARES 492709603 492709603 35448974 35448974 35448974 32371231 32371231 32371231 X false false false RONALD MOOREHEAD PRESIDENT/CEO 427057 79329 506386 KAREN BROTEN COO 225306 48638 3 273944 3 GAVIN GILLETTE SR. VP OF ADMIN 147307 39760 187067 GREG SHAVER VP OF ST. INITATIVES 121097 37835 158932 FORM 990, PAGE 1, PART I, LINE 6 THE VOLUNTEERS FORM THE SUPERVISORY COMMITTEE WHICH OVERSEES THE ELECTION OF THE BOARD OF DIRECTORS AND ALSO REVIEWS THE AUDITS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERSHIP IS AVAILABLE TO ANYONE WHO QUALIFIES UNDER THE FIELD OF MEMBERSHIP, REQUESTS MEMBERSHIP, AND IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A YES THERE IS A PROCESS FOR THE ELECTION OF MEMBERS. THE MEMBER MUST FIRST MEET CERTAIN REQUIREMENTS SUCH AS LENGTH OF TIME OF MEMBERSHIP, UNDERSTANDING OF HOW A CREDIT UNION WORKS, AND THE SERVICES OFFERED. THEY ARE THEN ELECTED TO NOMINATION BY A NOMINATING COMMITTEE OF 3 PEOPLE AFTER BEING EVALUATED BY THE COMMITTEE. THE MEMBER MUST THEN BE VOTED ONTO THE CREDIT UNIONS BOARD OF DIRECTORS BY OTHER MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7B YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 REVIEWED AT REGULARLY SCHEDULED BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C YES, THE ENFORCEMENT OF A CONFLICTS OF INTEREST POLICY IS ACTIVELY CARRIED OUT BY THE ORGANIZATION. THE POLICY IS PRINTED IN THE EMPLOYEE HANDBOOK AND IS ALSO INTEGRATED INTO THE BOARD OF DIRECTORS POLICIES. FORM 990, PAGE 6, PART VI, LINE 15A YES, COMPENSATION FOR TOP OFFICALS IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD. IN ADDITION, CREDIT UNION USES COMPENSATION COMMITTEE AND COMPENSATION SURVEY. FORM 990, PAGE 6, PART VI, LINE 15B YES, COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL BY CEO AND VP OF HUMAN RESOURCES. SALARY SURVEYS ARE USED. FORM 990, PAGE 6, PART VI, LINE 19 THE BOOKS ARE AVAILABLE TO THE PUBLIC TO REVIEW UPON REQUEST. THE CALL REPORT IS ALSO OPEN TO THE PUBLIC TO REVIEW AND IS PUBLISHED ON THE NCUA WEBSITE. THE CURRENT MONTHS STATEMENT OF FINANCIAL POSITION IS POSTED IN THE LOBBY OF EACH BRANCH. FORM 990, PART XI, LINE 9 CHANGE IN OTHER COMPREHENSICE INCOME -308,077 C U USER INC C U USERS INC 601 TIJERAS NW ALBUQUERQUE NM 87102 850321660 INS. SALES NM N/A C CORP 64171 707247 false false false false false false true false false false false false false false false false false false false false