2016-10-17T00:00:00-05:00 2015-12-31 520630619 Rowles & Company LLP 8100 Sandpiper Cir Ste 308 Baltimore MD 21236 990 2015-01-01 520447180 Point Breeze Credit Union POIN 4107713850 11104 McCormick Road Hunt Valley MD 21031 Bernard G McLaughlin President/CEO 4107713850 2016-10-10 1 Joseph A Musumeci Jr P00841270 4437255395 2016-10-10 2015 2017-02-10 21:41:12Z Bernard G McLaughlin 11104 McCormick Road Hunt Valley MD 21031 22551660 0 X www.pbcu.com X 1935 MD State chartered credit union 9 9 94 0 13908 -2171 0 0 17472803 18588556 3797730 3963104 0 0 21270533 22551660 0 0 0 0 7504126 8303817 0 0 0 9043223 9815899 16547349 18119716 4723184 4431944 723937352 734856489 6754430 4238093 717182922 730618396 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 50,773 members. 0 0 0 0 0 0 0 0 0 1 0 0 0 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 22058 0 1 94 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 2.69 X 10500 0 0 Joseph Marschall Director 1.46 X 5700 0 200 Donna L Banning Director 1.38 X 5400 0 0 William B Davis Jr Secretary 2.50 X 9750 0 2000 Dominic L Conoscenti Director 0.08 X 14300 0 0 Ralph S Pagano Treasurer 3.31 X 12900 0 2000 William L Ramsey Director 1.00 X 3900 0 0 Howard W Uhl Director 2.48 X 9660 0 0 Joseph R Palladino Supervisory Committee 0.96 X 3000 0 0 Dorothy F Olszewski Supervisory Committee 1.88 X 4410 0 0 William R Helmey Director 1.70 X 6630 0 200 Donald Gundlach Director 0.85 X 3300 0 200 Donald D Beynon Jr Supervisory Committee 1.12 X 3480 0 0 Bernard G McLaughlin President/CEO 40.00 X 418080 0 62640 Eugenie Briggs SVP - Marketing 40.00 X 105012 0 23057 Tonia M Niedzialkowski Chief Financial Officer 40.00 X 194552 0 130765 Patricia Harrison SVP - Lending 40.00 X 132594 0 108225 Kimberly Mangrum SVP - Member Services 40.00 X 137731 0 31707 Kristin Reynolds VP - Human Resources 40.00 X 113787 0 33364 Cynthia Harrell Operations Support Mgr 40.00 X 102872 0 38685 1297558 0 433043 7 0 1 0 Fiserv Inc 225 Fiserv Dr Brookfield WI 53045 data processing 628757 Digital Insight Corp 1300 Seaport Blvd Ste 300 Redwood City CA 94063 PC banking 382242 The Long Group 22 Greeley St Merrimack NH 03054 business development 377945 Brown & Brown 8501 Lasalle Road Baltimore MD 21286 Legal Services 243381 Hill Management Services Inc PO Box 4835 Timonium MD 21094 rent 194179 5 Interest on loans 522100 15128673 15128673 Other services 525990 1799169 1799169 Share account services 525990 1438967 1438967 Credit insurance 524298 207839 207839 Nonmember ATM fees 525990 13908 13908 18588556 3963104 3963104 22551660 18574648 13908 3963104 1730601 4713944 471963 954702 432607 7738 69955 399209 708765 1290649 549666 926191 27589 121578 2425212 608061 134127 Lending expense 1314984 Bank service charges 580819 Loan loss provision 496816 154540 18119716 9387103 5517000 76333653 67669476 488892 463659 304808374 344494297 15853545 6426468 8970244 9427077 291077703 271298548 32871383 35986432 723937352 734856489 6754430 4238093 6754430 4238093 X 622963406 633008184 0 0 94219516 97610212 717182922 730618396 723937352 734856489 X 4431944 -1041248 10044778 X X 0 1 X 1 0 2577140 2577140 8633385 3445772 5187613 4643020 2980696 1662324 9427077 22551660 0 22551660 0 22551660 18119716 0 18119716 0 18119716 1 X X X X 0 1 0 Bernard G McLaughlin President/CEO 418080 0 0 0 0 0 23850 0 38790 0 480720 0 0 0 Tonia M Niedzialkowski Chief Financial Officer 194552 0 0 0 0 0 107153 0 23612 0 325317 0 0 0 Patricia Harrison SVP - Lending 132594 0 0 0 0 0 98440 0 9785 0 240819 0 0 0 Kimberly Mangrum SVP - Member Services 137731 0 0 0 0 0 11994 0 19713 0 169438 0 0 0 Tonia M Niedzialkowski CFO mortgage, credit card X 398179 257302 0 1 1 Donna L Banning Director cr card X 1138 1138 0 1 1 Michael J Gallagher Chairman credit cards, auto, Mortgage X 114332 73810 0 1 1 William L Ramsey Director credit cards, auto X 78827 34329 0 1 1 Charles J Marschall Director credit card, auto X 26579 24990 0 1 1 Joseph R Palladino Director mortgage X 100000 54017 0 1 1 Ralph Pagano Director credit card, auto X 27575 18073 0 1 1 463659 Form 990, Part VI, Section A, line 6 The Credit Union has approximately 50,773 members. Form 990, Part VI, Section A, line 7a Credit Union members elect the board of directors. Form 990, Part VI, Section B, line 11 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 10,044,778. 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.