2015-11-13T13:56:22-06:00 2014-12-31 520630619 Rowles & Company LLP 8100 Sandpiper Cir Ste 308 Baltimore MD 21236 990 2014-01-01 520447180 Point Breeze Credit Union POIN 4107713850 11104 McCormick Road Hunt Valley MD 21031 Bernard G McLaughlin President/CEO 4107713850 2015-11-12 1 Joseph A Musumeci Jr P00841270 4437255395 2015-11-12 2014 2016-03-07 17:11:31Z Bernard G McLaughlin 11104 McCormick Road Hunt Valley MD 21031 21270533 0 X www.pbcu.com X 1935 MD State chartered credit union 9 9 90 0 16381 -4232 0 0 20346227 17472803 3089054 3797730 0 0 23435281 21270533 0 0 0 0 7768870 7504126 0 0 0 10611854 9043223 18380724 16547349 5054557 4723184 721186712 723937352 4081091 6754430 717105621 717182922 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 49,463 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 22685 0 1 90 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 2.50 X 9900 0 0 Joseph Marschall Director 1.40 X 5250 0 200 Donna L Banning Director 0.90 X 3450 0 0 William B Davis Jr Secretary 2.50 X 9600 0 2000 Dominic L Conoscenti Director 0.70 X 2550 0 2000 Ralph S Pagano Treasurer 3.20 X 12600 0 2000 William L Ramsey Director 1.20 X 4500 0 2000 Howard W Uhl Director 1.90 X 7260 0 0 William J Burton Supervisory Committee 1.00 X 3240 0 0 Joseph R Palladino Supervisory Committee 0.90 X 2640 0 0 Dorothy F Olszewski Supervisory Committee 1.40 X 4500 0 0 William R Helmey Supervisory Committee 2.10 X 6630 0 200 Donald Gundlach Supervisory Committee 1.00 X 3240 0 0 Bernard G McLaughlin President/CEO 40.00 X 404000 0 60263 Donald D Beynon Jr Supervisory Committee 0.90 X 2880 0 0 Tonia M Niedzialkowski Chief Financial Officer 40.00 X 176350 0 123808 Patricia Harrison SVP - Lending 40.00 X 125788 0 107099 Kristin Reynolds VP - Human Resources 40.00 X 110700 0 32323 Kimberly Mangrum SVP - Member Services 40.00 X 111250 0 19201 Cynthia Harrell Operations Support Mgr 40.00 X 104818 0 35760 Judy L Cross Former Senior Vice President 0.00 X 760769 0 0 1871915 0 386854 7 1 1 0 Benfield Electric Co Inc 400 Hickory Dr Ste 200 Aberdeen MD 21001 generators 572527 Fiserv Inc 225 Fiserv Dr Brookfield WI 53045 data processing 516762 The Long Group 22 Greeley St Merrimack NH 03054 business development 394253 Digital Insight Corp 1300 Seaport Blvd Ste 300 Redwood City CA 94063 PC banking 231112 Hill Management Services Inc PO Box 4835 Timonium MD 21094 rent 224377 5 Interest on loans 522100 14371376 14371376 Share account services 525990 1496451 1496451 Other services 525990 1443428 1443428 Credit insurance 524298 145167 145167 Nonmember ATM fees 525990 16381 16381 17472803 3797730 3797730 21270533 17456422 16381 3797730 2258769 3555991 448884 851377 389105 10612 72615 313447 703854 1266190 513434 975316 24978 143266 2711664 514142 227820 Lending expense 890008 Bank service charges 393603 Loan loss provision 116252 166022 16547349 6277983 9387103 75835915 76333653 694918 488892 292470942 304808374 15992367 7022123 8366514 8970244 298700245 291077703 38840195 32871383 721186712 723937352 4081091 6754430 4081091 6754430 X 627945043 622963406 0 0 89160578 94219516 717105621 717182922 721186712 723937352 X 4723184 335754 -4981637 X X 0 1 X 1 0 2577140 2577140 8111718 3216292 4895426 5303509 3805831 1497678 8970244 21270533 0 21270533 0 21270533 16547349 0 16547349 0 16547349 1 X X X X 0 1 0 Bernard G McLaughlin President/CEO 404000 0 0 0 0 0 29355 0 30908 0 464263 0 0 0 Tonia M Niedzialkowski Chief Financial Officer 176350 0 0 0 0 0 103562 0 20246 0 300158 0 0 0 Patricia Harrison SVP - Lending 125788 0 0 0 0 0 98793 0 8306 0 232887 0 0 0 Judy L Cross Former Senior Vice President 0 0 0 0 760769 0 0 0 0 0 760769 0 0 0 Dominic Conoscenti Director cr card X 54 0 1 1 Tonia M Niedzialkowski CFO mortgage, credit card X 390000 276568 0 1 1 Donna L Banning Director cr card X 3460 0 1 1 Michael J Gallagher Chairman credit cards, auto X 87760 66317 0 1 1 William L Ramsey Director credit cards, auto X 77500 48856 0 1 1 Charles J Marschall Director credit card, auto X 24753 6265 0 1 1 Howard W Uhl Director cr card X 899 0 1 1 Joseph R Palladino Director mortgage, collateral LOC X 100000 63787 0 1 1 Ralph Pagano Director credit card, auto X 27575 22686 0 1 1 488892 Form 990, Part VI, Section A, line 6 The Credit Union has approximately 49,463 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 decrease in members' share balances -4,981,637. 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.