2015-08-12T10:26:27-05:00 2014-12-31 010242373 MACPAGE LLC 30 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2014-01-01 016028792 UNIVERSITY CREDIT UNION UNIV 2078898600 15 MAIN STREET ORONO ME 04473 RENEE OUELLETTE SENIOR VP FINANCE & TECHNOLOGY 2078898600 2015-07-29 1 BRAD WELLER P00285183 2077745701 2015-07-29 X 2014 2016-02-25 16:41:14Z 15 MAIN STREET ORONO ME 04473 14365545 0 X WWW.UCU.MAINE.EDU X 1967 ME PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 7 7 117 0 253740 -193129 0 0 11890956 13508454 623225 603351 234261 253740 12748442 14365545 0 0 1089703 1049465 4960991 5434639 0 0 0 5392133 6323801 11442827 12807905 1305615 1557640 233669869 255484769 212118380 232309262 21551489 23175507 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 12807905 THE CREDIT UNION HAS 26,524 MEMBERS AS OF 12/31/2014. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. 12807905 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 7067 0 1 117 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 DIRECTOR 1.00 X 0 0 0 ENCY WHITEHILL DIRECTOR 1.00 X 0 0 0 HUGH MORRISON DIRECTOR 1.00 X 0 0 0 CAROLYN CHENEY DIRECTOR 1.00 X 0 0 0 JAY VETELINO DIRECTOR 1.00 X 0 0 0 JOE ROBERTS DIRECTOR 1.00 X 0 0 0 RICHARD BORGMAN DIRECTOR 1.00 X 0 0 0 MATTHEW WALSH PRESIDENT & CEO 40.00 X 208026 0 49837 DEB WHITE-RIDEOUT SVP OF HR & OPER 40.00 X 116390 0 58754 RENEE OUELLETTE SVP OF FIN/TECH 40.00 X 106195 0 13495 430611 0 122086 3 0 1 0 0 LOAN INCOME FROM MEMBERS 522100 10346851 10346851 OVERDRAFT FEES 522100 1281110 1281110 CHECK CARD 522100 1051073 1051073 ATM FEES 522100 495904 495904 GAIN ON SALE OF LOANS 522100 220334 220334 113182 113182 13508454 603351 603351 GUARANTEED ASSET PROTECT 522100 82032 82032 ATM FEES 522100 63190 63190 OTHER INCOME 522100 41056 41056 67462 67462 253740 14365545 14111805 253740 0 1049465 1049465 552697 552697 3526169 3526169 108591 108591 930327 930327 316855 316855 47564 47564 28887 28887 89527 89527 422263 422263 760429 760429 147640 147640 OPERATIONS EXP 3431814 3431814 PROVISION FOR LOAN LOSS 897730 897730 LOAN SERVICE EXPENSE 468202 468202 OTHER GENERAL AND ADMIN 29745 29745 12807905 12807905 0 0 10476433 8934303 185061807 204454441 15016658 4484992 6851974 10531666 26618014 26419189 4661641 5145170 233669869 255484769 2637685 2560499 39046324 45193825 170434371 184554938 212118380 232309262 X 0 0 0 0 21551489 23175507 21551489 23175507 233669869 255484769 1557640 66378 0 X 0 1 X 1 0 2190081 2190081 8267544 1364542 6903002 639061 581314 57747 47796 20194 27602 3872176 2518942 1353234 10531666 MORTGAGE BACKED SECURITIES 26419189 F 26419189 MEMBERS' SHARE AND SAVINGS ACCOUNT 181774938 NONMEMBER DEPOSITS 2780000 184554938 14365545 0 14365545 0 14365545 12807905 0 12807905 0 12807905 X 1 1 X X 0 0 0 MATTHEW WALSH PRESIDENT & CEO 201125 0 0 0 6901 0 30000 0 19837 0 257863 0 0 0 DEB WHITE-RIDEOUT SVP OF HR & OPER 115709 0 0 0 681 0 44500 0 14254 0 175144 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 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.