FIVEPOINT CREDIT UNION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: FIVEPOINT CREDIT UNION (EIN 74-1109889)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-14
IRS object ID: 201823189349301197
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule I
Schedule J
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-14T09:25:33-06:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	382492570	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DOEREN MAYHEW	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	305 WEST BIG BEAVER ROAD	AddressLine1Txt
City	TROY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48084	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	741109889	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FIVEPOINT CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FIVE	BusinessNameControlTxt
Phone	4097268300	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3700 SKYLINE DR	AddressLine1Txt
City	NEDERLAND	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	776271366	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KENNETH MILLER	PersonNm
Person Title	EXECUTIVE VICE PRESIDENT	PersonTitleTxt
Phone	4097268200	PhoneNum
Signature	2018-11-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROBIN D HOAG CPA	PreparerPersonNm
PTIN	P00360662	PTIN
Phone	2482443000	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	64.95.240.2	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-11-12	IPDt
IP Tm	16:34:26	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	A7DB26C3BB201601930FCFA0C4651552B54C26A2	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ERIK SHAW	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1366	AddressLine1Txt
City	NEDERLAND	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77627	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$38,551,666	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.FIVEPOINTCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1935	FormationYr
Legal Domicile State	TX	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE FINANCIAL SERVICES TO OUR MEMBERSHIP WITH VARIOUS LOAN AND DEPOSIT PRODUCTS.	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	249	TotalEmployeeCnt
Total Volunteers	13	TotalVolunteersCnt
Total Gross UBI	$81,194	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$31,575	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$38,315,319	PYProgramServiceRevenueAmt
CY Program Service Revenue	$37,088,109	CYProgramServiceRevenueAmt
PY Investment Income	$884,446	PYInvestmentIncomeAmt
CY Investment Income	$1,382,363	CYInvestmentIncomeAmt
PY Other Revenue	$74,345	PYOtherRevenueAmt
CY Other Revenue	$81,194	CYOtherRevenueAmt
PY Total Revenue	$39,274,110	PYTotalRevenueAmt
CY Total Revenue	$38,551,666	CYTotalRevenueAmt
PY Grants And Similar Paid	$11,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$10,000	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$12,345,342	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$14,373,844	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$22,180,289	PYOtherExpensesAmt
CY Other Expenses	$22,583,682	CYOtherExpensesAmt
PY Total Expenses	$34,536,631	PYTotalExpensesAmt
CY Total Expenses	$36,967,526	CYTotalExpensesAmt
PY Revenues Less Expenses	$4,737,479	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,584,140	CYRevenuesLessExpensesAmt
Total Assets BOY	$536,982,959	TotalAssetsBOYAmt
Total Assets EOY	$638,392,794	TotalAssetsEOYAmt
Total Liabilities BOY	$471,602,378	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$571,540,789	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$65,380,581	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$66,852,005	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS AND THE COMMUNITY.	MissionDesc
Significant New Program Srvc	Yes (1)	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	FIVEPOINT CREDIT UNION ORIGINATED 54,123 LOANS FOR A TOTAL OF $223,121,200 TO OUR MEMBERS DURING 2017.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	11512	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	249	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	0	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WENDI CHRISTIAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4097268212	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1366	AddressLine1Txt
City	NEDERLAND	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77627	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
GLENN JOHNSON
CHAIRMAN	3.00	Yes (X)	$0	$0	$0
JAMES SAXON
SECRETARY TREASURER	3.00	Yes (X)	$0	$0	$0
JOE DICKSON
FIRST VICE CHAIRMAN	3.00	Yes (X)	$0	$0	$0
JOHN COMEAUX
SECOND VICE CHAIRMAN	3.00	Yes (X)	$0	$0	$0
LOUIS ANSELMO
BOARD MEMBER	1.50	Yes (X)	$0	$0	$0
JODY BRIGGS
BOARD MEMBER	1.50	Yes (X)	$0	$0	$0
JO BYRD
BOARD MEMBER	1.50	Yes (X)	$0	$0	$0
HILTON FERGUSON JR
BOARD MEMBER	1.50	Yes (X)	$0	$0	$0
KAROL RUSSELL
BOARD MEMBER	1.50	Yes (X)	$0	$0	$0
JACK THORNTON
BOARD MEMBER	1.50	Yes (X)	$0	$0	$0
DENNY WINTER
BOARD MEMBER	1.50	Yes (X)	$0	$0	$0
ERIK SHAW
CEO	40.00		$482,241	$0	$21,375	Yes (X)
KENNETH MILLER
EXECUTIVE VICE PRESIDENT	40.00		$501,032	$0	$163,971	Yes (X)
VICKI KELLEY
SVP, HUMAN RESOURCES	40.00		$322,801	$0	$113,971	Yes (X)
KRISTEN BELLANGER
SVP, OPERATIONS	40.00		$377,557	$0	$161,834	Yes (X)
JENNIFER WEBB
SVP, LENDING	40.00		$218,071	$0	$2,998	Yes (X)
MATT BOREL
FINANCIAL ADVISOR	40.00		$166,292	$0	$18,210		Yes (X)
SAMMIE HOLDEN
VP ACCOUNTING	40.00		$136,799	$0	$4,694		Yes (X)
MARLA RUCKER
VP IT	40.00		$152,866	$0	$26,186		Yes (X)
CATHY HAGNER
VP STORE ADMINISTRATION	40.00		$141,325	$0	$9,489		Yes (X)
GLYNDA MANUEL
VP LENDING	40.00		$138,957	$0	$7,141		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,637,941	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$529,869	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	12	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
CORELATION INC
2305 HISTORIC DECATUR RD 300	SAN DIEGO	CA	92106	CORE SYSTEM	$904,181
PULSE EFT
1301 MCKINNEY STE 2500	HOUSTON	TX	77010	CARD PROCESSING	$837,651
DIGITAL INSIGHT
PO BOX 740641	LOS ANGELES	CA	099740641	HOME BANKING	$788,053
FISERV
PO BOX 979	BROOKFIELD	WI	530080979	CORE SYSTEM	$559,305
CLASSIC FORMS
300 S LAMAR BLVD SUITE 206	AUSTIN	TX	78704	PRINTING SERVICES	$436,031

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	26	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LOAN RECEIVABLE	522100	$23,387,202	$23,387,202
FEES AND CHARGES	522100	$13,700,907	$13,700,907

Field	Value	IRS element (for citing)
Total Program Service Revenue	$37,088,109	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,382,363	TotalRevenueColumnAmt
Exclusion	$1,382,363	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
NON-MEMBER ATM FEES	525990	$55,312	$55,312
INSURANCE PRODUCTS	524298	$25,882	$25,882

Field	Value	IRS element (for citing)
Other Revenue Total	$81,194	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$38,551,666	TotalRevenueColumnAmt
Related Or Exempt Func Income	$37,088,109	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$81,194	UnrelatedBusinessRevenueAmt
Exclusion	$1,382,363	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$10,000	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,365,851	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$8,421,770	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$440,013	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,308,096	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$838,114	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$183,040	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$122,232	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$479,812	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,458,831	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,934,761	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,671,313	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,332,997	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$86,081	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$25,461	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,956,204	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$102,998	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,995,823	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$63,376	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
PROVISION FOR LOAN LOSS	$4,315,128
ATM EXPENSE	$2,555,859
LOAN SERVICING	$1,056,300
DEBIT/CREDIT EXPENSES	$803,686

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$439,780	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$36,967,526	TotalAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part X	Yes (X)	InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$8,715,510	BOYAmt
EOY	$11,498,743	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$29,372,723	BOYAmt
EOY	$118,072,531	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,324,971	BOYAmt
EOY	-$2,391,384	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$7,700,000	BOYAmt
EOY	$7,719,309	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$418,078,867	BOYAmt
EOY	$432,120,339	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$893,721	BOYAmt
EOY	$804,567	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$48,766,682	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$21,868,026	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$23,589,886	BOYAmt
EOY	$26,898,656	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$27,266,265	BOYAmt
EOY	$24,598,627	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$20,041,016	BOYAmt
EOY	$19,071,406	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$536,982,959	BOYAmt
EOY	$638,392,794	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$5,061,304	BOYAmt
EOY	$4,711,072	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$466,541,074	BOYAmt
EOY	$566,829,717	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$471,602,378	BOYAmt
EOY	$571,540,789	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$65,380,581	BOYAmt
EOY	$66,852,005	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$65,380,581	BOYAmt
EOY	$66,852,005	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$536,982,959	BOYAmt
EOY	$638,392,794	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,584,140	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$112,716	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,631,458	OtherCostOrOtherBasisAmt
Book Value	$1,631,458	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$25,243,037	OtherCostOrOtherBasisAmt
Depreciation	$7,032,191	DepreciationAmt
Book Value	$18,210,846	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,735,196	OtherCostOrOtherBasisAmt
Depreciation	$2,275,284	DepreciationAmt
Book Value	$1,459,912	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,156,991	OtherCostOrOtherBasisAmt
Depreciation	$12,560,551	DepreciationAmt
Book Value	$5,596,440	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$26,898,656	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBERS SHARE ACCOUNTS	Desc
Amt	$566,829,717	Amt

Field	Value	IRS element (for citing)
Total Liability	$566,829,717	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE CREDIT UNION IS EXEMPT, BY STATUTE (INTERNAL REVENUE CODE SECTION 501(C)(14), FROM FEDERAL INCOME TAX.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	10	RecipientCnt
Cash Grant	$10,000	CashGrantAmt
Valuation Method Used	BOOK	ValuationMethodUsedDesc

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE SCHOLARSHIPS ARE AWARDED BASED ON A PANEL OF JUDGES REVIEWING SCHOLARSHIP APPLICATIONS AND ESSAYS. ONCE THE CREDIT UNION RECEIVES CONFIRMATION OF THE STUDENT'S ENROLLMENT AND PAYMENT OF TUITION, THE FUNDS ARE DEPOSITED TO THEIR SAVINGS ACCOUNT.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ERIK SHAW
CEO	$357,448	$0	$99,813	$0	$24,980	$0	$0	$0	$21,375	$0	$503,616	$0	$0	$0
KENNETH MILLER
EXECUTIVE VICE PRESIDENT	$408,021	$0	$78,705	$0	$14,306	$0	$150,000	$0	$13,971	$0	$665,003	$0	$0	$0
VICKI KELLEY
SVP, HUMAN RESOURCES	$260,945	$0	$48,277	$0	$13,579	$0	$100,000	$0	$13,971	$0	$436,772	$0	$0	$0
KRISTEN BELLANGER
SVP, OPERATIONS	$317,381	$0	$51,350	$0	$8,826	$0	$150,000	$0	$11,834	$0	$539,391	$0	$0	$0
JENNIFER WEBB
SVP, LENDING	$163,686	$0	$51,350	$0	$3,035	$0	$0	$0	$2,998	$0	$221,069	$0	$0	$0
MATT BOREL
FINANCIAL ADVISOR	$165,763	$0	$477	$0	$52	$0	$16,580	$0	$1,630	$0	$184,502	$0	$0	$0
MARLA RUCKER
VP IT	$113,689	$0	$39,017	$0	$160	$0	$9,095	$0	$17,091	$0	$179,052	$0	$0	$0
CATHY HAGNER
VP STORE ADMINISTRATION	$111,813	$0	$29,201	$0	$311	$0	$6,709	$0	$2,780	$0	$150,814	$0	$0	$0

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
ERIK SHAW
PRESIDENT/CEO	TO FUND LIFE INSURANCE POLICY	Yes (X)	$4,500,000	$4,510,939	0	Yes (1)	Yes (1)
KENNETH MILLER
EXECUTIVE VP	TO FUND LIFE INSURANCE POLICY	Yes (X)	$3,200,000	$3,208,370	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$7,719,309	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 2	THE CREDIT UNION UNDERWENT A CORE CONVERSION DURING 2017.
FORM 990, PART VI, SECTION A, LINE 6	EVERY CLIENT THAT HAS AN ACCOUNT WITH OUR CREDIT UNION IS ALSO A MEMBER.
FORM 990, PART VI, SECTION A, LINE 7A	OUR BOARD OF DIRECTORS ARE ELECTED BY A VOTE OF THE MEMBERSHIP. ANNUALLY, IF THERE IS AN OPEN POSITION, THE NOMINATING COMMITTEE WILL PUT FORTH THE CANDIDATES WHICH OUR MEMBERS CAN VOTE ON DURING THE ANNUAL MEETING.
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	FORM 990 IS REVIEWED BY ERIK SHAW, CEO, KENNETH MILLER, EVP, AND VICKI KELLEY, SVP OF HUMAN RESOURCES FOR ITS ACCURACY.
FORM 990, PART VI, SECTION B, LINE 12C	OUR COMPLIANCE OFFICER ALONG WITH SENIOR MANAGEMENT REVIEW POLICIES ANNUALLY. WE THEN REQUIRE EMPLOYEES TO SIGN THEY HAVE READ AND UNDERSTOOD THE POLICIES. OUR INTERNAL AUDIT DEPARTMENT CONDUCTS AUDITS AND REVIEW TO ENSURE COMPLIANCE.
FORM 990, PART VI, SECTION B, LINE 15	FIVEPOINT UTILIZES A 3RD PARTY TO PROVIDE INDUSTRY STANDARD AND REGIONAL SPECIFIC SALARY RANGES FOR ALL STAFF.
FORM 990, PART VI, SECTION C, LINE 19	THE CREDIT UNION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART X	LINES 2, 17, 25 AND 32 WERE ADJUSTED FOR 2016 TO ALIGN WITH THE 2016 AUDITED FINANCIAL STATEMENTS. ADJUSTMENTS WERE AS FOLLOWS: LINE 2 AND 25 - RECLASSIFIED $7,228,969 OF CHECKS IN PROCESS ORGINALLY CLASSIFIED AS OTHER LIABILITIES (LINE 25) TO LINE 2, AS AN OFFSET OF CASH HELD IN FINANCIAL INSTITIUTIONS. LINE 17 AND 32 - ADJUSTMENT OF $518,867 RECORDED TO REDUCE ACCOUNTS PAYABLE AND INCREASE EQUITY TO ALIGN THE BALANCES REPORTED IN PART X WITH THE 2016 AUDITED FS.
FORM 990, PART XII, LINE 2C:	A COMMITTEE EXISTS THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE ANNUAL FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
FIVEPOINT FINANCIAL SERVICES LLC
PO BOX 1366	NEDERLAND	TX	77627	464687469	FINANCIAL SERVICES	TX	$3	$1,008	FIVEPOINT CREDIT UNION
FIVEPOINT INSURANCE AGENCY LLC
PO BOX 1366	NEDERLAND	TX	77627	611739967	INSURANCE	TX	$25,882	$44,649	FIVEPOINT FINANCIAL SERVICES LLC