2016-05-13T10:01:14-05:00 2015-12-31 010242373 MACPAGE LLC 30 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2015-01-01 016028792 UNIVERSITY CREDIT UNION UNIV 2078898500 15 MAIN STREET ORONO ME 04469 RENEE OUELLETTE SENIOR VP FINANCE & TECHNOLOGY 2078898500 2016-05-12 1 BRAD WELLER P00285183 2077745701 2016-05-12 X 2015 2016-09-27 15:27:22Z 15 MAIN STREET ORONO ME 04469 15443996 0 X WWW.UCU.MAINE.EDU X 1967 ME PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 7 7 113 0 328732 -148818 0 0 13508454 14405466 603351 709798 253740 328732 14365545 15443996 0 0 1049465 1255765 5434639 5850856 0 0 0 6323801 7253549 12807905 14360170 1557640 1083826 255484769 265708967 232309262 241555721 23175507 24153246 THE PURPOSE OF UNIVERSITY CREDIT UNION IS PREPARE, PROGRESS, ACHIEVE. TO ACTIVELY ADVANCE THE FINANCIAL WELL-BEING OF OUR MEMBERS IN EVERY STAGE OF THEIR LIVES. 0 0 14360170 THE CREDIT UNION HAS 27,351 MEMBERS AS OF 12/31/2015. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. 14360170 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 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 7513 0 1 113 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X RENEE OUELLETTE 2078898600 15 MAIN STREET ORONO ME 04473 GERALD HAYMAN JR CHAIR 1.00 X 0 0 0 ENCY WHITEHILL VICE CHAIR 1.00 X 0 0 0 HUGH MORRISON SECRETARY 1.00 X 0 0 0 CAROLYN CHENEY DIRECTOR 1.00 X 1273 0 0 JAY VETELINO DIRECTOR 1.00 X 0 0 0 RICHARD BORGMAN DIRECTOR 1.00 X 0 0 0 BETSY UHUAD DIRECTOR 1.00 X 0 0 0 MATTHEW WALSH PRESIDENT & CEO 40.00 X 249241 0 21142 DEB WHITE-RIDEOUT SVP OF HR & OPER 40.00 X 128746 0 58950 RENEE OUELLETTE SVP OF FIN/TECH 40.00 X 120085 0 14196 499345 0 94288 3 0 1 0 0 LOAN INCOME FROM MEMBERS 522100 11222042 11222042 OVERDRAFT FEES 522100 1432464 1432464 CHECK CARD 522100 1023392 1023392 ATM FEES 522100 614651 614651 OTHER INCOME 522100 110625 110625 2292 2292 14405466 709798 709798 GUARANTEED ASSET PROTECT 522100 105406 105406 ATM FEES 522100 88886 88886 INSURANCE 522100 48335 48335 86105 86105 328732 15443996 15115264 328732 0 1255765 1255765 594250 594250 3770896 3770896 267362 267362 875282 875282 343066 343066 50214 50214 28952 28952 70858 70858 456573 456573 947705 947705 163689 163689 OPERATIONS EXP 3678262 3678262 PROVISION FOR LOAN LOSS 1072938 1072938 LOAN SERVICE EXPENSE 539698 539698 OTHER GENERAL AND ADMIN 244660 244660 14360170 14360170 0 0 8934303 7321692 204454441 214417420 15233994 5206318 10531666 10027676 26419189 28764531 5145170 5177648 255484769 265708967 2560499 2315740 45193825 37836553 184554938 201403428 232309262 241555721 X 0 0 0 0 23175507 24153246 23175507 24153246 255484769 265708967 1083826 -106087 0 X 0 1 X 1 0 2197377 2197377 8355202 1686298 6668904 706850 631655 75195 33201 6640 26561 3941364 2881725 1059639 10027676 MORTGAGE BACKED SECURITIES 28764531 F 28764531 MEMBERS' SHARE AND SAVINGS ACCOUNT 201403428 201403428 15443996 0 15443996 0 15443996 14360170 0 14360170 0 14360170 X X 1 1 X X X 0 0 0 MATTHEW WALSH PRESIDENT & CEO 231705 0 8045 0 9491 0 0 0 21142 0 270383 0 0 0 DEB WHITE-RIDEOUT SVP OF HR & OPER 123023 0 4628 0 1095 0 44500 0 14450 0 187696 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - THE ORGANIZATION IS IN BUSINESS TO SERVE ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - MEMBERS OF THE GOVERNING BODY ARE NOMINATED AND WHEN APPLICABLE VOTED IN BY MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - CERTAIN DECISIONS ARE SUBJECT TO THE APPROVAL OF THE MEMBERS OF THE ORGANIZATION, SUCH AS THE DECISION TO MERGE WITH ANOTHER ENTITY. FORM 990, PART VI, SECTION B, LINE 11 LINE 11A EXPLANATION - A COPY OF THE 990 WAS PROVIDED TO THE GOVERNING BODY WITH AVAILABLE TIME FOR REVIEW AND DISCUSSION BEFORE FILING. THE RETURN WAS REVIEWED BY THE PRESIDENT, CEO AND SENIOR VICE PRESIDENT OF FINANCE AND TECHNOLOGY. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST STATEMENT IS SIGNED AND ISSUES ARE ADDRESSED AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ORGANIZATION'S PRESIDENT, CEO AND ALL OTHER EMPLOYEE COMPENSATION IS DETERMINED WITH COMPARABILITY DATA SUCH AS A COMPENSATION SURVEY OR STUDY. THE PRESIDENT AND CEO COMPENSATION IS SUBJECT TO APPROVAL OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED ONSITE AT ALL PUBLIC LOCATIONS. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.