2017-11-15T13:16:23-05:00 2016-12-31 472604526 GARVEY STEELE & COMPANY LLP PO BOX 397 MYSTIC CT 063550397 990 2016-01-01 041801520 ST JEANS CREDIT UNION STJE 7815925420 250 MAPLE STREET LYNN MA 01904 C DAVID SURFACE PRESIDENT & CEO 7815925420 2017-11-13 RICHARD B STEELE CPA P00157880 8605369831 2017-11-14 97DB9962C47C60A4FA4E0617B85582D50FB1056D 97DB9962C47C60A4FA4E0617B85582D50FB1056D 2016 2017-02-10 21:41:12Z C DAVID SURFACE 250 MAPLE ST LYNN MA 01904 9279227 false X WWW.STJEANSCU.COM X 1910 MA CREDIT UNION 12 11 63 11 50610 -154415 0 5159640 6187562 551021 367687 1885483 2322920 7596144 8878169 0 0 3162500 3704784 0 0 3939972 4540475 7102472 8245259 493672 632910 210983475 212162480 189607136 190422351 21376339 21740129 X CREDIT UNION false false THE MAINTENANCE OF MEMBER ACCOUNTS AND THE PAYMENT OF DIVIDENDS THERON. THE CREDIT UNION MAINTAINS 32,015 ACCOUNTS AS OF CALANDAR YEAR-END. EXPENSES REALTED TO NON-MEMBER ATM FEES - SCHEDULE 990 T. false false false false false false false true false true false false false true false true false false false false false false false false false false false false true false true false false false false false false false false false false false false true 5319 0 true 63 true true true false false false false false X 12 11 false false false false true true true true true false true true true true true true true true true true false X X ST JEANS CREDIT UNION ST JEANS CREDIT UNION 7815925420 250 MAPLE ST 250 MAPLE ST LYNN MA 01904 C DAVID SURFACE PRESIDENT & 40.00 X X 252931 0 32265 IRA NOVOSELSKY VICE CHAIRMA 2.00 X X 0 0 0 LAWRENCE RAUSCH DIRECTOR 2.00 X 0 0 0 LINDA LEBLANC TREASURER 2.00 X X 0 0 0 MARIE CASTINEYRA DIRECTOR 2.00 X 0 0 0 PHILLIP J DOYLE DIRECTOR 2.00 X 0 0 0 RICHARD BONNEVIE ASST. TREASU 2.00 X X 0 0 0 RICHARD DRAGONE DIRECTOR 2.00 X 0 0 0 STEPHEN SALVO CHAIRMAN 4.00 X X 0 0 0 STEVEN WALSH 2ND VICE CHA 2.00 X X 0 0 0 PAUL AMIRAULT DIRECTOR 2.00 X 0 0 0 TIMOTHY SHEA DIRECTOR 2.00 X 0 0 0 KATHLEEN DONAHUE EXECUTIVE VP 40.00 X 118912 0 21454 KATHRYN MACDONALD VP OF COMPLI 40.00 X 94010 0 13410 JAMES METCALF VP CONSUMER 40.00 X 93247 0 5096 NICOLE MARKEE COMPTROLLER 40.00 X 92133 0 18535 SCOTT RAMSEY VP OF RE LEN 40.00 X 89912 0 24629 KAREN INTERBARTOLO VP CONSUMER 40.00 X 39135 0 15866 780280 131255 2 false true false SYNERGENT PO BOX 1236 PORTLAND ME 04104 CORE DATA PROVI 361479 DIGITAL INSIGHT CORP PO BOX 740641 LOS ANGELES CA 900740641 HOME BANKING 353857 BLUE CROSS BLUE SHIELD PO BOX 371318 PITTSBURGH PA 152507318 HEALTH BENEFITS 298704 PULEO REALTH TRUST HIGHLAND AVE SALEM MA 01970 OFFICE RENT 194580 SBK ASSOCIATES PO BOX 537 MANCHESTER CT 060450537 OFFUCE RENT 110518 5 INTEREST - R/E LOANS 4619984 4619984 INTEREST - CONSUMER LOANS 1567578 1567578 6187562 498137 498137 270608 401058 -130450 -130450 -130450 SERVICE CHARGES 1856280 1856280 GAIN FROM SALE OF LOANS 228694 228694 OTHER INCOME 196650 196650 41296 -9314 50610 2322920 8878169 8827559 50610 2885206 819578 121499 82127 231221 641679 16958 58770 858837 316717 51767 OTHER EXPENSES 702283 EDP CHARGES 682952 SERVICE FEES 268664 PROVISION FOR LOAN LOSSES 204001 303000 8245259 0 0 0 1772954 1822632 39832323 30308641 2709452 2255069 144835796 164234430 245449 158956 8175752 3178814 5500384 4996938 10383707 3587570 621900 432100 5081510 4366144 210983475 212162480 266532 190930 488182 605024 4250000 2250000 184602422 187376397 189607136 190422351 X 21376339 21740129 21376339 21740129 210983475 212162480 632910 7343 -276463 X false true true false false true X 1763891 1763891 2426239 737546 1688693 868237 282107 586130 2864441 2017233 847208 252944 141928 111016 4996938 SHARES AND DEPOSITS 186088549 OTHER LIABILITIES 1287848 187376397 8878169 8878169 8878169 8245259 8245259 8245259 SCHEDULE D, PAGE 2, PART IV, LINE 2B MORTGAGE ESCROW ACCOUNTS ARE HELD FOR THE PAYMENT OF REAL ESTATE TAXES FOR MUNICIPALITIES X true true X X false false false C DAVID SURFACE PRESIDENT & CEO 202154 28542 22235 28278 3987 285196 DISQUALIFIED LOANS- SEE ATTACHED SC OFFICERS/DIRECTORS VARIOUS X 2738614 2255069 false true true 2255069 FORM 990, PAGE 2, PART III, LINE 4D EXPENSES REALTED TO NON-MEMBER ATM FEES - SCHEDULE 990 T. FORM 990, PAGE 6, PART VI, LINE 6 PERSONS WHO MEET THE REQUIREMENTS OF THE ORGANIZATOIN'S FIELD OF MEMBERSHIP WHO HOLD AT LEAST ONE SHARE OF THE CAPITAL. FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER HAS A VOTE AT THE ELECTION OF THE BOARD OF DIRECTORS FORM 990, PAGE 6, PART VI, LINE 7B ANY CHANGES TO THE INCORPORATING DOCUMENTS, I.E BYLAWS ARE APPROVED BY MEMBERSHIP FORM 990, PAGE 6, PART VI, LINE 11B ONCE RECEIVED, THE 990 WILL BE REVIEWED BY THE CEO, CFO AND DIRECTORS. DUE TO FILING DEADLINES, THE 990 MAY BE REVIEWED BY THE BOARD OF DIRECTORS SUBSEQUENT TO FILING. THE REVIEW IS DOCUMENTED IN THE MINUTES. FORM 990, PAGE 6, PART VI, LINE 12C POLICY IS REVIEWED ANNUALLY WITH THE BOARD AND EMPLOYEES. WRITTEN ACKNOWLEDGEMENTS ARE SIGNED ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15A CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS, EXECUTIVE COMITTEE. WAGE AND SALARY PLAN INTRODUCED IN 2013. JOB DESCRIPTIONS WERE UPDAATED. A SALARY SURVEY WAS CONDUCTED BY AN INDEPENDENT COMPANY. ALL POSITIONS WERE EVALUATED. POSITIONS WITHIN THE CREDIT UNION HAVE BEEN ASSIGNED A RANK. SALARY RANGES WERE ESTABLISHED FOR EACH RANK. COMPENSATION IS BASED ON CURRENT AND RELATED EXPERIENCE. FORM 990, PAGE 6, PART VI, LINE 15B CEO'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. SENIOR MANAGEMENT IS DETERMINED BY INCREASE SET FORTH FOR STAFF AND APPROVED BY THE BOARD OF DIRECTORS. SALARY SURVEYS, INDUSTRY TRENDS AND EARNINGS ARE ALL TAKEN INTO CONSIDERATION. FORM 990, PAGE 6, PART VI, LINE 19 INFORMATION IS POSTED IN THE LOBBY AT BRANCH LOCATIONS AND IS AVAILABLE UPON REQUEST. THE INFORMATION IS UPDATED ON A MONTHLY BASIS AFTER THE BOARD MEETS. FORM 990, PART XI, LINE 9 REPAYMENTS OF DONATED EQUITY -276,463