2016-10-25T19:04:38-05:00 2015-12-31 382492570 DOEREN MAYHEW 12060 S W 129TH COURT STE 201 MIAMI FL 331864582 990 2015-01-01 940335800 1ST UNITED SERVICES CREDIT UNION 1STU 9255984837 PO BOX 11746 PLEASANTON CA 94588 STEPHEN M STONE CHIEF FINANICIAL OFFICER 9255984702 2016-10-25 1 DOUGLAS J ORTH P01076394 3052328272 2015 2017-02-10 21:41:12Z VICTOR QUINT PO BOX 11746 PLEASANTON CA 94588 32201683 0 1526 X WWW.1STUSCU.ORG X 1932 CA TO PROVIDE A LIFETIME OF SIMPLER, FASTER, FRIENDLIER FINANCIAL SERVICES FOR OUR MEMBERS. 9 9 163 14 150583 -517104 0 0 27621451 27255883 2325020 2153035 2407980 2792765 32354451 32201683 0 12512 0 0 12244501 12247928 0 0 0 14328540 15344317 26573041 27604757 5781410 4596926 834329195 858853382 748931771 768867382 85397424 89986000 X 1ST UNITED SERVICES CREDIT UNION (1ST USCU) SERVES MEMBERS PRIMARILY LOCATED IN THE EAST BAY OF THE SAN FRANCISCO BAY AREA, WITH A WIDE RANGE OF COMPETITIVELY PRICED PRODUCTS AND SERVICES. 1ST USCU OFFERS REAL ESTATE LOANS, NEW AND USED AUTO LOANS AND VISA CREDIT CARDS. REAL ESTATE LOANS COMPRISE OVER HALF OF 1ST USCU'S $500 MILLION LOAN PORTFOLIO. 0 0 1ST UNITED SERVICES CREDIT UNION OFFERS A COMPREHENSIVE PORTFOLIO OF SAVINGS AND LOAN PRODUCTS FOR MEMBERS. 1ST UNITED SERVICES' PRODUCTS ARE AN EXCELLENT VALUE, COMPETITIVELY PRICED AND EASY TO PURCHASE. ALL OF OUR PRODUCTS ARE AVAILABLE TO MEMBERS THROUGH OUR EXTENSIVE BRANCH NETWORK, VIA OUR MEMBER SERVICES CALL CENTER OR ONLINE AT WWW.1STUSCU.ORG. 1ST UNITED SERVICES OFFERS FINANCIAL PLANNING AND INVESTMENT SERVICES FOR OUR MEMBERS. THESE SERVICES ARE AVAILABLE AT NO COST TO ALL MEMBERS OF THE CREDIT UNION AND ARE DELIVERED THROUGH CUSO FINANCIAL SERVICES, A REGISTERED BROKER-DEALER. AT 1ST UNITED SERVICES, WE ARE KNOWN IN THE COMMUNITY FOR OUR FINANCIAL EDUCATION PROGRAM. THE CREDIT UNION OFFERS FINANCIAL EDUCATION SEMINARS IN OUR BRANCHES, ON-SITE PROGRAMS AT EMPLOYER LOCATIONS AND SELF-STUDY MATERIALS ON OUR WEBSITE AT WWW.1STUSCU.ORG. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 0 1 14526 0 1 163 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 CA X 1ST UNITED SERVICES CREDIT UNION 9255984702 PO BOX 11746 PLEASANTON CA 94588 HOWARD T GARRIGAN CHAIRPERSON 1.00 X 8819 0 0 STEVE MANNING BOD MEMBER 1.00 X 0 0 0 NAOMI O BURNS BOD SECRETARY 1.00 X 8605 0 0 NEIL PETERSEN BOD TREASURER 1.00 X 8582 0 0 DIANA BONANNO BOD MEMBER 1.00 X 8520 0 0 GERALD DEMARIA BOD MEMBER 1.00 X 8724 0 0 TERESITA LAUIGAN BOD MEMBER 1.00 X 8819 0 0 DAVE MACDONALD V. CHAIRPERSON 1.00 X 8713 0 0 VELETA ALLEN BOD MEMBER 1.00 X 8520 0 0 VICTOR QUINT PRESIDENT/CEO 40.00 X 776285 0 36414 STEPHEN M STONE CFO 40.00 X 180280 0 19931 GREGORY PULLIAM CAO 40.00 X 181366 0 20449 EDWARD RENTERIA COO 40.00 X 180946 0 23124 TOSHA EAGLES-WILLIAMS CLO 40.00 X 172698 0 13574 JOANNA UHL CIO 40.00 X 174341 0 26845 LAURA POERINK VP ELECTRONIC SERVICES 40.00 X 122439 0 22846 MIKE HUFFORD VP INFORMATION TECHNOLOGY 40.00 X 131152 0 23957 BRIAN REED VP BUSINESS INTELLIGENCE & PROCESS IMPROVEMENT 40.00 X 128779 0 11071 ANNE KENNY SVP LENDING 40.00 X 145594 0 16354 SARAH CECCHIN VP MARKETING 40.00 X 145744 0 20621 2408926 0 235186 12 0 1 0 BLUELINE ASSOCIATES INC 7011 KOLL CENTER PARKWAY SUITE 150 PLEASANTON CA 94566 CONTRACTOR 943316 FISERV INC PO BOX 80123 CITY OF INDUSTRY CA 91716 CORE PROCESSOR 738863 DIEBOLD GLOBAL FINANCE PO BOX 644399 PITTSBURGH PA 15264 ATM PROCESSING 515974 ACI WORLDWIDE CORP 13594 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 ONLINE BANKING SERVICES 383415 IMPERIAL PRINTING 481 VANDELL WAY CAMPBELL CA 94508 PRINTING SERVICES 356300 27 INCOME ON LOANS 522100 23632777 23632777 FEES AND CHARGES 522100 3472523 3472523 UNRELATED BUSINESS INCOME 900099 150583 150583 27255883 2153035 2153035 OTHER OPERATING INCOME 522100 2792765 2792765 2792765 32201683 32051100 150583 0 X 12512 12512 1875555 1875555 7914012 7914012 615581 615581 1075226 1075226 767554 767554 101469 101469 133110 133110 109112 109112 93773 93773 338380 338380 893522 893522 375200 375200 2251740 2251740 1073242 1073242 57694 57694 391262 391262 3055346 3055346 74764 74764 724029 724029 279195 279195 VISA DEBIT/CREDIT 1581856 1581856 PROVISION FOR LOAN LOSS 832895 832895 MAINTENANCE 716246 716246 LOAN SERVICING 496480 496480 1765002 1765002 27604757 27604757 0 0 5501222 6138515 52641542 61671331 267492 87890 585935532 629494249 1369679 1294605 22634650 13843351 7862928 8791299 164778224 135502334 4852300 4834600 11120276 11038559 834329195 858853382 3311250 2756340 745620521 766111042 748931771 768867382 X 0 0 0 0 85397424 89986000 85397424 89986000 834329195 858853382 4596926 -8350 0 X 0 1 X 1 0 1760872 1760872 7590747 3658451 3932296 3703700 2682098 1021602 9579331 7502802 2076529 8791299 REGULAR SHARES 162115430 SHARE DRAFTS 104294315 MONEY MARKET SHARES 243394806 SHARE CERTIFICATES 210717839 IRA/CD SHARES 45588652 766111042 X 32201683 0 32201683 0 32201683 27604757 0 27604757 0 27604757 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 (UBIT). 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 2013, 2012, AND 2011 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. 1 ALAMEDA COUNTY FOOD BANK 7900 EDGEWATER DRIVE OAKLAND CA 94621 942960294 501(C)(3) 7100 BOOK VALUE FOOD BANK SERVICES ALTERNATIVE FAMILY SERVICES 401 ROLAND WAY OAKLAND CA 94621 942427088 501(C)(3) 5412 BOOK VALUE FOSTER CHILDREN SERVICES 2 2 X X X 0 1 0 VICTOR QUINT PRESIDENT/CEO 377416 0 35000 0 363869 0 21585 0 14829 0 812699 0 0 0 STEPHEN M STONE CFO 178832 0 600 0 848 0 12374 0 7557 0 200211 0 0 0 GREGORY PULLIAM CAO 178586 0 350 0 2430 0 12366 0 8083 0 201815 0 0 0 EDWARD RENTERIA COO 178811 0 550 0 1585 0 12377 0 10747 0 204070 0 0 0 TOSHA EAGLES-WILLIAMS CLO 171549 0 600 0 549 0 11766 0 1808 0 186272 0 0 0 JOANNA UHL CIO 173656 0 150 0 535 0 12011 0 14834 0 201186 0 0 0 MIKE HUFFORD VP INFORMATION TECHNOLOGY 130309 0 450 0 393 0 9039 0 14918 0 155109 0 0 0 ANNE KENNY SVP LENDING 143544 0 100 0 1950 0 8775 0 7579 0 161948 0 0 0 SARAH CECCHIN VP MARKETING 145374 0 100 0 270 0 9751 0 10870 0 166365 0 0 0 PART I, LINE 4B DURING 2015, VICTOR QUINT RECEIVED A PAYOUT FROM HIS 457(F) PLAN WHICH APPROXIMATED $355,000. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN ELECTION OF OFFICIALS. 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 11 THE ACCOUNTING MANAGER AND VICE PRESIDENT OF HUMAN RESOURCES GATHER THE INFORMATION. THE VICE PRESIDENT OF FINANCE, CFO AND CEO REVIEW FORM 990. UPON COMPLETION, A COPY OF THE FORM IS MADE AVAILABLE TO EACH VOTING MEMBER OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO EMPLOYEES IN THE EMPLOYEE HANDBOOK. ANNUALLY, EMPLOYEES ARE REMINDED AND ARE REQUIRED TO ACKNOWLEDGE IN WRITING THAT THEY HAVE READ THE POLICY, AS WELL AS THE OTHER SECTIONS IN THE HANDBOOK. MANAGERS ARE HELD ACCOUNTABLE TO MONITOR ADHERENCE TO THE POLICY AND TO ENSURE THEIR EMPLOYEES UNDERSTAND IT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AT THE CREDIT UNION IS GOVERNED BY A BOARD OF DIRECTORS APPROVED SALARY ADMINISTRATION POLICY. THE CREDIT UNION SETS COMPENSATION RANGES FOR ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, USING A THIRD PARTY COMPENSATION CONSULTING FIRM. THIS THIRD PARTY ORGANIZATION PROVIDES COMPENSATION INFORMATION AND SALARY RANGES FOR COMPANIES NATIONWIDE. SALARY RANGES ARE DEVELOPED THROUGH NATIONWIDE, INDUSTRY-SPECIFIC COMPENSATION SURVEYS AND COMPENSATION BENCHMARKING FOR KEY POSITIONS. THE BOARD OF DIRECTORS APPROVE THE SALARY RANGES AND EVALUATE ANY ANNUAL CHANGES RECOMMENDED BY THE THIRD PARTY FIRM. SALARY LEVELS AND JOB GRADES FOR INDIVIDUAL POSITIONS ARE DETERMINED USING A JOB EVALUATION PROCESS PROVIDED BY THE THIRD PARTY FIRM. FORM 990, PART VI, SECTION C, LINE 19 GENERALLY, GOVERNING DOCUMENTS/POLICIES ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC OR TO MEMBERS. MONTHLY FINANCIAL RESULTS ARE PUBLICLY POSTED. FORM 990, PART IX, LINE 24E SHARE DRAFT BILL PAY EXP: PROGRAM SERVICE EXPENSES 433,754. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 433,754. ATM EXPENSE: PROGRAM SERVICE EXPENSES 415,113. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 415,113. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 183,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 183,200. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 161,256. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 161,256. ASSET RECOVERY: PROGRAM SERVICE EXPENSES 155,009. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 155,009. AFI/DSI ANNUAL ASSESSMENT: PROGRAM SERVICE EXPENSES 119,719. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 119,719. S & D : PROGRAM SERVICE EXPENSES 87,004. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,004. BOARD/SUPERVISORY COMMITTEE EXPENSE: PROGRAM SERVICE EXPENSES 80,490. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,490. SECURITY: PROGRAM SERVICE EXPENSES 61,112. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,112. TRAINING/DEVELOPMENT/EDUCATION: PROGRAM SERVICE EXPENSES 37,631. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,631. GOODWILL: PROGRAM SERVICE EXPENSES 30,714. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,714.