2016-08-01T09:19:57-05:00 2015-12-31 580692043 Mauldin & Jenkins LLC 200 Galleria Pkwy SE Ste 1700 Atlanta GA 303395946 990 2015-01-01 580146810 Atlanta Postal Credit Union ATLA 4047684126 3900 Crown Road Atlanta GA 303800001 Donald A DeCinque President/CEO 4047684126 2016-07-21 1 Mary Jo Alexander P00002534 7709558600 2016-07-21 2015 2016-12-15 16:53:06Z Donald A DeCinque 3900 Crown Road Atlanta GA 303800001 60288185 0 X www.apcu.com X 1925 GA To help our members achieve financial success by providing exceptional products and service. 9 8 231 15 0 0 0 0 50960308 52568891 8104957 7719294 4505 0 59069770 60288185 20750 26750 0 0 15027656 16409890 0 0 0 38806198 40059979 53854604 56496619 5215166 3791566 2038480026 2039162096 1799613667 1798312223 238866359 240849873 To help our members achieve financial success by providing exceptional products and service. 0 0 Credit Union providing loans and deposits for over 110,723 members. Atlanta Postal Credit Union is a member-owned, not-for-profit financial cooperative, founded on the premise that working people need a safe and sound place to save and borrow money. Guiding principles are unique: only people who are credit union members can borrow here, loans should be for prudent and productive purposes, and a person's character and desire to repay a loan are considered as important as a person's income. 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 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39196 0 1 231 1 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 GA X The Organization 4047684126 3900 Crown Road Atlanta GA 30380 Katherine Brown Director 1.00 X 12500 0 0 Donald A DeCinque President/CEO/Director 40.00 X X 588810 0 24165 David Disharoon Director 1.00 X 0 0 0 Royce L Jackson Board Secretary 1.00 X 1647 0 0 J T Middlebrooks Director 1.00 X 10800 0 0 Henry P Mulkey Director 1.00 X 0 0 0 Moses M Spence Board Chairman 1.00 X 0 0 0 Bud Wilkinson Director 1.00 X 0 0 0 David Patterson Director 1.00 X 14040 0 0 Gary Kyle CFO 40.00 X 255575 0 25646 Charles Head COO/EVP 40.00 X 346537 0 16859 Dianne Yost CMO 40.00 X 184425 0 19789 Richard McCall CIO 40.00 X 209076 0 58030 Lana Beck VP Human Resources 40.00 X 155324 0 18011 Sharon Gardner AVP of Branch Operations 40.00 X 129089 0 23744 1907823 0 186244 12 0 1 0 Jack Henry & Associates Inc PO Box 609 Monett MO 65708 Processing System Software Provider 737803 The Realty Associates Fund IX LP PO Box 202846 Dallas TX 753202846 Leased Office Space 730793 Datamatx 3146 Northeast Expressway Atlanta GA 303415345 Member Statement Processing 597970 Thompsom O'Brien Kemp & NasutiI PC 40 Technology Parkway South Suite Norcross GA 30092 Legal Services for Loan Collections 524753 Route 66 Warranty P O Box 2400 Mountain Home AR 72654 Extended Auto Warranties 518221 18 Interest on Loans 522100 44394632 44394632 Other Operating Income 522100 8174259 8174259 52568891 7715246 7715246 4048 0 4048 4048 4048 60288185 60284137 0 4048 26750 933183 10059686 2746763 1921623 748635 17540 105486 274121 1430592 3747385 932312 1172534 36864 818152 1077445 Dividends and interest 16217246 Loan servicing expense 7346258 Provision for loan loss 5500000 Member insurance 765045 618999 56496619 X 5571148 5105783 214876092 271191853 959951430 1114537486 13628250 9120237 3910456 4508013 810414206 589913421 43756694 53905540 2038480026 2039162096 12427042 17972981 1787186625 1780339242 1799613667 1798312223 X 0 0 0 0 238866359 240849873 238866359 240849873 2038480026 2039162096 X 3791566 2986544 -4794596 X X 0 1 X 1 0 405494 405494 1060972 447282 613690 1974368 954574 1019794 10187416 7718381 2469035 4508013 Mutual Funds 2220309 F US Govt-sponsored Enterprises 579919601 F Georgia Central CU PCB 50000 C Catalyst Corporate PCC 785290 C Bank Owned CD's 1494000 C Other Invests 5444221 C 589913421 Accrued Dividends 125911 Shares and deposits 1780213331 1780339242 63274729 2986544 2986544 60288185 0 60288185 61291215 4794596 4794596 56496619 0 56496619 Part XII, Line 2d - Other Adjustments: Adjustment to recognize funded status of pension plan 4,794,596. 1 Children's Miracle Network 205 West 700 South Salt Lake City UT 84101 870387205 501(c)(3) 16000 Operational Support. Postal Employee Relief Fund PO Box 7630 Woodbridge VA 22195 521666010 501(c)(3) 10000 Operational Support 2 0 Part I, Line 2: Donations were made to national charitable organizations for operations. X 1 1 X X X X 0 1 0 Donald A DeCinque President/CEO/Director 508518 0 75000 0 5292 0 0 0 24165 0 612975 0 0 0 Gary Kyle CFO 235575 0 20000 0 0 0 0 0 25646 0 281221 0 0 0 Charles Head COO/EVP 305975 0 35000 0 5562 0 0 0 16859 0 363396 0 0 0 Dianne Yost CMO 164425 0 20000 0 0 0 0 0 19789 0 204214 0 0 0 Richard McCall CIO 189076 0 20000 0 0 0 33062 0 24968 0 267106 0 0 0 Lana Beck VP Human Resources 145324 0 10000 0 0 0 0 0 18011 0 173335 0 0 0 Sharon Gardner AVP of Branch Operations 119089 0 10000 0 0 0 0 0 23744 0 152833 0 0 0 Part I, Line 1a Spouse (or guest) Expense. The spouse or guest of each director, volunteer and APCU officer is encouraged to attend APCU functions. APCU will pay expenses for this person to include the following but not limited to all travel, food, lodging, registration, incidental expenses and entertainment. Part I, Line 4b Highly-Comped employee, Richard McCall, participated in a Section 457 plan with an an employer contribution of $33,062. The Credit Union Loan Source LLC Common Board Member 173827027 Purchase of Auto Loans 0 The Credit Union Loan Source LLC Common Board Member 148619672 Servicing of Loans. The Credit Union Loan Source, LLC is servicing the loans by collecting principal and interest and then remitting to APCU. 0 Form 990, Part VI, Section A, line 6 Atlanta Postal Credit Union is a state-chartered credit union with over 110,723 voting members. Form 990, Part VI, Section A, line 7a Credit union members vote for board members. Form 990, Part VI, Section B, line 11 The entire board reviews and discusses Form 990 in a board meeting prior to filing. Form 990, Part VI, Section B, line 12c Each year, directors and officers complete the Confidential Report for Credit Union Officials for the Georgia State Banking Department. This form requires that other business relationships be disclosed. These forms are monitored for any potential conflicts. Form 990, Part VI, Section B, line 15 Salaries for the CEO and other officers are reviewed and increases approved by the board of directors. Salaries for these positions are compared to industry averages by using CUNA's Complete Credit Union Staff Salary Survey. Form 990, Part VI, Section C, line 19 Atlanta Postal Credit Union files call reports quartely. These are published on the internet and available to the general public. Other documents are available upon request. Form 990, Part X, Liabilities Section The organization does not have any uncertain tax positions reported on the audited financial statements under FIN 48. Form 990, Part XI, line 9: Adjustment to recognize funded status of pension plan -4,794,596. Form 990. Part XII, line 2c. There have been no changes to the auditor selection process nor the financial statement review.