2017-11-08T12:18:32-06:00 2016-12-31 382492570 DOEREN MAYHEW 12060 S W 129TH COURT STE 201 MIAMI FL 331864582 990 2016-01-01 886003195 FRONTIER FINANCIAL CREDIT UNION FRON 7758292070 5200 NEIL ROAD RENO NV 89502 JOYCE WHITNEY-SILVA EVP/CFO 7758861329 2017-11-07 1 DOUGLAS J ORTH P01076394 3052328272 50.235.194.18 2017-11-07 16:55:55 ES P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 062293E64DF58CF8D35332F263D6456F83B37FCF 2016 2018-03-14 21:41:22Z BRUCE A RODELA 5200 NEIL ROAD RENO NV 89502 3808213 0 X WWW.FRONTIERFCU.ORG X 1958 NV FRONTIER FINANCIAL CREDIT UNION IS A STATE CHARTERED CREDIT UNION. THE REVENUES EARNED BY THE CREDIT UNION IS IN COMPLIANCE WITH THE STATE STATUTES AND IN ACCORDANCE WITH OUR STATE CHARTER TO SERVE FIELDS OF MEMBERSHIP BY PROVIDING FINANCIAL SERVICES INCLUDING LENDING AND DEPOSITORY FUNCTIONS. 5 5 27 5 13217 -5815 0 0 2585503 2969931 222680 223350 554735 614932 3362918 3808213 0 0 0 0 1124250 1139094 0 0 0 1617372 2060424 2741622 3199518 621296 608695 74685828 79964957 68558190 73216856 6127638 6748101 X FRONTIER FINANCIAL CREDIT UNION IS A STATE CHARTERED CREDIT UNION. THE REVENUE EARNED BY THE CREDIT UNION IS IN COMPLIANCE WITH THE STATE STATUTES AND IN ACCORDANCE WITH OUR STATE CHARTER TO SERVE FIELDS OF MEMBERSHIP BY PROVIDING FINANCIAL SERVICES INCLUDING LENDING AND DEPOSITORY FUNCTIONS. 0 0 PROVIDED FINANCIAL SERVICES TO THE MEMBERS OF FRONTIER FINANCIAL CREDIT UNION. 0 0 1 0 0 0 0 0 0 1 1 0 0 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 1 943 0 1 27 1 1 1 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X FRONTIER FINANCIAL CREDIT UNION 7758292070 5200 NEIL ROAD RENO NV 89502 JAMES BEGBIE CHAIRMAN 1.00 X 0 0 0 STEVE JACKSON VICE CHAIRMAN 1.00 X 0 0 0 JAMES GUBBELS TREASURER 1.00 X 0 0 0 MARSHA BURGESS SECRETARY 1.00 X 0 0 0 DICK STOLL DIRECTOR 1.00 X 0 0 0 BRUCE A RODELA PRESIDENT/CEO 40.00 X 148586 0 14720 BRENDA MERCER CONTROLLER 40.00 X 53008 0 8621 201594 0 23341 1 0 1 0 FISERV 10926 DAVID TAYLOR DRIVE SUITE 110 CHARLOTTE NC 282621042 CORE SYSTEM 666429 1 INCOME ON LOANS 522100 2502635 2502635 FEE INCOME 522100 454079 454079 NON-MEMBER ATM FEE INC 900099 13217 13217 2969931 223350 223350 MISCELLANEOUS OTHER IN 522100 614932 614932 614932 3808213 3794996 13217 0 X 224935 707969 20559 99188 86443 40559 23532 42410 53803 146489 335478 331850 75359 18982 4434 76613 18932 132172 34857 PLASTIC CARD FEES 428351 LOAN SERVICING 229664 MISCELLANEOUS 34617 FRAUD LOSSES 30314 2008 3199518 1183747 1051118 10039389 7118189 242603 39004 43492672 58325758 133081 98728 6100728 2016761 4187313 4083967 891926 449876 12413852 6565779 2101245 2232538 74685828 79964957 673000 638373 67885190 72578483 68558190 73216856 X 0 0 0 0 6127638 6748101 6127638 6748101 74685828 79964957 608695 11768 0 X X 0 1 X 1 0 2500 2500 2500 0 NV CREDIT UNION LEAGUE FEDERAL POLITICAL ACTION COMMITTEE PO BOX 51476 ONTARIO CA 917610076 2500 1251354 1251354 3502612 887871 2614741 1346762 1128890 217872 4083967 CATALYST CORPORATE PERPETUAL CAPITAL 178779 C LONG TERM CERTIFICATE OF DEPOSIT 6387000 C 6565779 REGULAR SHARES 37201854 SHARE DRAFT 19018045 CERTIFICATES OF DEPOSIT 1005712 MONEY MARKET 13945031 OTHER SHARES 1407841 72578483 X 3808213 0 3808213 0 3808213 3199518 0 3199518 0 3199518 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE, AND LOCAL TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND STATE TAX LAWS. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (UBI) DERIVED BY STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008, THE INTERNAL REVENUE SERVICE (IRS) RELEASED TECHNICAL ADVICE MEMORANDUMS (TAMS) TO SPECIFIC STATE-CHARTERED CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX. UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. MANAGEMENT HAS ASSESSED THE CREDIT UNION'S ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2016, 2015, AND 2014 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS. THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS. X X 0 0 0 BRUCE A RODELA PRESIDENT/CEO 128687 0 0 0 19899 0 0 0 14720 0 163306 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERSHIP. 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 A COPY OF THE FORM 990 IS GIVEN TO THE PRESIDENT/CEO BEFORE FILING AND PRESENTED TO THE BOARD OF DIRECTORS AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEW AND SIGN A CODE OF CONDUCT POLICY WHICH CONTAINS A CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS SETS THE COMPENSATION AND BENEFITS PACKAGE FOR THE PRESIDENT/CEO. THE BOARD IS RESPONSIBLE FOR PERFORMING AN ANNUAL EVALUATION AS PART OF THE PROCESS. THE PRESIDENT/CEO SETS THE COMPENSATION AND BENEFITS PACKAGE FOR THE EXECUTIVE VICE PRESIDENT AND CONTROLLER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC. FORM 990, PART IX, LINE 24E PROVISION FOR LOAN LOSSES 2,008. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.