2018-05-15T09:15:13-05:00 2017-12-31 010242373 MACPAGE LLC 30 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2017-01-01 016028792 UNIVERSITY CREDIT UNION UNIV 2078898600 15 MAIN STREET ORONO ME 04469 RENEE OUELLETTE SENIOR VP FINANCE 2078898600 2018-05-11 1 BRAD WELLER P00285183 2077745701 2018-05-11 X 2017 2022-09-23 18:48:47Z MATTHEW WALSH 15 MAIN STREET ORONO ME 04469 16950739 0 X WWW.UCU.MAINE.EDU X 1967 ME PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 7 5 108 0 408853 -82174 0 0 15120550 15583710 764300 828875 385236 338312 16270086 16750897 0 0 1275643 1362152 6129167 6103161 0 0 0 7560411 7891413 14965221 15356726 1304865 1394171 276038532 289005755 250871613 262507650 25166919 26498105 THE PURPOSE OF UNIVERSITY CREDIT UNION IS PREPARE, PROGRESS, ACHIEVE. TO ACTIVELY ADVANCE THE FINANCIAL WELL-BEING OF OUR MEMBERS IN EVERY STAGE OF THEIR LIVES. 0 0 THE CREDIT UNION HAS 27,992 MEMBERS AS OF 12/31/2017. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 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 8603 0 1 108 1 1 1 0 0 0 0 0 X 7 5 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X RENEE OUELLETTE 2078898600 15 MAIN STREET ORONO ME 04473 GERALD HAYMAN JR CHAIR 1.00 X X 516 0 0 ENCY WHITEHILL VICE CHAIR 1.00 X X 689 0 0 HUGH MORRISON SECRETARY 1.00 X X 0 0 0 CAROLYN CHENEY DIRECTOR 1.00 X 0 0 0 RICHARD BORGMAN DIRECTOR 1.00 X 0 0 0 BETSY UHUAD DIRECTOR 1.00 X 0 0 0 PETER REID DIRECTOR 1.00 X 0 0 0 MATTHEW WALSH PRESIDENT & CEO 40.00 X 262045 0 26136 RENEE OUELLETTE SVP FINANCE 40.00 X 123465 0 71136 DEB WHITE-RIDEOUT SVP OPERATIONS 40.00 X 130897 0 70636 APRIL GLEASON VP OF LENDING 40.00 X 100328 0 18304 617940 0 186212 4 0 1 0 0 LOAN INCOME FROM MEMBERS 522100 12033216 12033216 CHECK CARD 522100 1726887 1726887 OVERDRAFT FEES 522100 1481492 1481492 ATM FEES 522100 171941 66416 105525 GAIN ON SALE OF LOANS 522100 94989 94989 75185 75185 15583710 837208 837208 34984 0 34984 34984 34984 191509 199842 -8333 -8333 -8333 INSURANCE 522100 108128 108128 GUARANTEED ASSET PROTECT 522100 95468 95468 OTHER INCOME 522100 56130 56130 43602 43602 303328 16750897 15478185 408853 863859 1362152 483987 3927243 306046 1036939 348946 82786 35040 229313 534542 997557 121391 OPERATIONS EXP 4090224 PROVISION FOR LOAN LOSS 1149923 LOAN SERVICE EXPENSE 505012 OTHER GENERAL AND ADMIN 145625 15356726 10191993 8920663 219817102 230521252 16784063 6552820 10370977 10231243 30626094 34338493 5032366 4994104 276038532 289005755 2884274 3332818 29224256 25606617 218763083 233568215 250871613 262507650 X 0 0 0 0 25166919 26498105 25166919 26498105 276038532 289005755 1394171 -62985 0 X 0 1 X 1 0 2539890 2539890 8392175 2337588 6054587 918063 685154 232909 4852453 3521337 1331116 81482 8741 72741 10231243 MORTGAGE BACKED SECURITIES 34338493 F 34338493 MEMBERS' SHARE AND SAVINGS ACCOUNT 233568215 233568215 16759230 8333 8333 16750897 0 16750897 15365059 8333 8333 15356726 0 15356726 PART XI, LINE 2D - OTHER ADJUSTMENTS: GAINS/LOSSES ON OREO 8,333. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAINS/LOSSES ON OREO 8,333. X X 1 1 X X X 0 0 0 MATTHEW WALSH PRESIDENT & CEO 236987 0 9396 0 15662 0 0 0 26136 0 288181 0 0 0 RENEE OUELLETTE SVP FINANCE 117844 0 4617 0 1004 0 45000 0 26136 0 194601 0 0 0 DEB WHITE-RIDEOUT SVP OPERATIONS 122345 0 4931 0 3621 0 44500 0 26136 0 201533 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE ORGANIZATION IS IN BUSINESS TO SERVE ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - MEMBERS OF THE GOVERNING BODY ARE NOMINATED AND WHEN APPLICABLE VOTED IN BY MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - CERTAIN DECISIONS ARE SUBJECT TO THE APPROVAL OF THE MEMBERS OF THE ORGANIZATION, SUCH AS THE DECISION TO MERGE WITH ANOTHER ENTITY. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - A COPY OF THE 990 WAS PROVIDED TO THE GOVERNING BODY WITH AVAILABLE TIME FOR REVIEW AND DISCUSSION BEFORE FILING. THE RETURN WAS REVIEWED BY THE PRESIDENT, CEO AND SENIOR VICE PRESIDENT OF FINANCE. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST STATEMENT IS SIGNED AND ISSUES ARE ADDRESSED AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ORGANIZATION'S PRESIDENT, CEO AND ALL OTHER EMPLOYEE COMPENSATION IS DETERMINED WITH COMPARABILITY DATA SUCH AS A COMPENSATION SURVEY OR STUDY. THE PRESIDENT AND CEO COMPENSATION IS SUBJECT TO APPROVAL OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED ONSITE AT ALL PUBLIC LOCATIONS. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.