2018-11-12T10:11:59-06:00 2017-12-31 520630619 Rowles & Company LLP 8100 Sandpiper Cir Ste 308 Baltimore MD 21236 990 2017-01-01 520447180 Point Breeze Credit Union POIN 4107713850 11104 McCormick Road Hunt Valley MD 21031 Bernard G McLaughlin President/CEO 4107713850 2018-11-08 1 Joseph A Musumeci Jr P00841270 4437255395 2018-11-08 50.242.251.149 2018-11-08 11:04:34 ES P BF5C8F4CEDF3A9DE3B6FE381C5F6B7A17C144EA6 4D281441C219FD1A37266916A7A4CFC78C7C5045 2017 2019-02-21 02:37:17Z Bernard G McLaughlin 11104 McCormick Road Hunt Valley MD 21031 26820138 0 X www.pbcu.com X 1935 MD State chartered credit union 9 9 137 0 28207 -23358 0 0 20631152 22271368 4203284 4548770 0 0 24834436 26820138 0 0 0 0 8394324 9201309 0 0 0 12270777 13973787 20665101 23175096 4169335 3645042 746440396 754523704 5284481 4677348 741155915 749846356 Our mission is to provide quality financial solutions for every member. 0 0 Point Breeze Credit Union provides lending and deposit services to its approximately 53,983 members. 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 22821 0 1 137 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Tonia M Niedzialkowski 4107713850 11104 McCormick Road Baltimore MD 21031 Michael J Gallagher Chairman 2.62 X 10200 0 0 Cordell D Boone Director 0.27 X 840 0 0 Donna L Banning Director 1.00 X 3900 0 0 Lynn B Finckel Secretary 0.69 X 2700 0 200 Ralph S Pagano Treasurer 3.54 X 13800 0 2000 William L Ramsey Director 0.92 X 3600 0 0 Howard W Uhl Director 2.11 X 8220 0 0 Joseph R Palladino Supervisory Committee 0.88 X 2760 0 0 Dorothy F Olszewski Supervisory Committee 1.92 X 4500 0 0 William R Helmey Director 1.19 X 4650 0 200 Donald Gundlach Director 2.35 X 9150 0 200 Donald D Beynon Jr Supervisory Committee 0.96 X 3000 0 0 Jean Lewis Director 1.08 X 4200 0 200 Bernard G McLaughlin President/CEO 40.00 X 486259 0 68235 Eugenie Briggs SVP - Marketing 40.00 X 117051 0 25288 Tonia M Niedzialkowski Chief Financial Officer 40.00 X 217100 0 134801 Patricia Brice SVP - Lending 40.00 X 151937 0 117392 Kimberly Mangrum SVP - Member Services 40.00 X 149266 0 33334 Kristin Reynolds VP - Human Resources 40.00 X 127725 0 37957 Karen Trimp VP - Compliance 40.00 X 111037 0 40197 Cynthia Harrel Manager - Operation Support 40.00 X 113068 0 40757 Stewart Holbrook VP - IT 40.00 X 108336 0 22527 Dominic L Conoscenti Former Director 0.00 X 14000 0 0 1667299 0 523288 9 1 1 0 PCI Commercial Contracting Inc 1302 Rising Ridge Rd Mount Airy MD 21771 Construction 1858072 Fiserv Inc 225 Fiserv Dr Brookfield WI 53045 Data Processing 788377 The Long Group 22 Greeley St Merrimack NH 03054 Business Development 616906 NCR (Digital Insight) 1300 Seaport Redwood City CA 94063 Software Provider 328872 GGCV Real Estate LLC 10096 Red Run Rd Owings Mills MD 21117 Property Development 274176 5 Interest on loans 522100 17258614 17258614 Other services 525990 3063709 3063709 Share account services 525990 1686141 1686141 Credit insurance 524298 234697 234697 Nonmember ATM fees 525990 28207 28207 22271368 4548770 4548770 26820138 22243161 28207 4548770 2190587 5052348 450369 1016994 491011 80824 87660 406860 1312770 1608762 665788 1576970 27064 109298 2452067 967344 138668 Loan loss provision 1984871 Lending expense 1505356 Bank service charges 780190 Miscellaneous 269295 23175096 7179488 7157912 62180582 50154945 429339 450741 365551619 399371996 21831541 7747449 12137736 14084092 262347897 244267467 36613735 39036551 746440396 754523704 5284481 4677348 5284481 4677348 X 640018943 645783629 0 0 101136972 104062727 741155915 749846356 746440396 754523704 X 3645042 -719287 5764686 X X 0 1 X 1 0 2577140 2577140 12815201 4050840 8764361 6439200 3696609 2742591 14084092 NCUSIF deposit 6406350 Accrued interest receivable 1733269 Other assets 13111238 CU owned life insurance 17785694 39036551 26820138 0 26820138 0 26820138 23175096 0 23175096 0 23175096 1 X X X X 0 1 0 Bernard G McLaughlin President/CEO 486259 0 0 0 0 0 31512 0 36723 0 554494 0 0 0 Tonia M Niedzialkowski Chief Financial Officer 217100 0 0 0 0 0 109705 0 25096 0 351901 0 0 0 Patricia Brice SVP - Lending 151937 0 0 0 0 0 102627 0 14765 0 269329 0 0 0 Kimberly Mangrum SVP - Member Services 149266 0 0 0 0 0 12095 0 21239 0 182600 0 0 0 Kristin Reynolds VP - Human Resources 127725 0 0 0 0 0 14185 0 23772 0 165682 0 0 0 Karen Trimp VP - Compliance 111037 0 0 0 0 0 17130 0 23067 0 151234 0 0 0 Cynthia Harrel Manager - Operation Support 113068 0 0 0 0 0 17687 0 23070 0 153825 0 0 0 Dominic L Conoscenti Former Director 14000 0 0 0 0 0 0 0 0 0 14000 0 0 0 Tonia M Niedzialkowski CFO mortgage, credit card X 403901 215198 0 1 1 Donna L Banning Director credit card X 5436 5436 0 1 1 Michael J Gallagher Chairman credit cards, auto, mortgage X 124455 44876 0 1 1 William L Ramsey Director credit cards, auto X 77414 67655 0 1 1 Joseph R Palladino Director mortgage X 100000 33187 0 1 1 Ralph Pagano Director auto X 27575 8860 0 1 1 Eugeneie Briggs SVP Marketing credit card X 3202 3202 0 1 1 Kimberly Mangrum SVP Member Services auto X 38763 19687 0 1 1 Kristin Reynolds VP Human Resources 2nd mortgage, credit card X 52640 52640 0 1 1 450741 Form 990, Part VI, Section A, line 6 The Credit Union has approximately 53,983 members. Form 990, Part VI, Section A, line 7a Credit Union members elect the board of directors. Form 990, Part VI, Section B, line 11b The CEO and CFO perform final reviews of Form 990. Form 990, Part VI, Section B, line 12c The Credit Union monitors and enforces compliance with the conflict of interest policy through required disclosure if and when a conflict arises. Form 990, Part VI, Section B, line 15 The compensation committee reviews a national salary survey and makes a proposal to the board of directors for the CEO's salary. The CEO reviews a national salary survey and makes a proposal to the board of directors for officers' salaries. The board of directors discusses and approves the CEO's and officers' salaries. Form 990, Part VI, Section C, line 19 The Credit Union makes its governing documents and conflict of interest policy available to the public upon request. Quarterly financial statements are available through the NCUA website. Annual audited financial statements are given to members at the annual meeting. Form 990, Part XI, line 9: Net increase in members' share balances 5,764,686. Form 990, Part XII, Line 2c: The supervisory committee is responsible for oversight of the audit of the financial statements and selection of the independent accountants.