2015-08-13T08:10:22-05:00 2014-12-31 010592228 PATE & APPLEBY LLP 1011 MONTANA AVENUE EL PASO TX 79902 990 2014-01-01 740650998 GECU GECU 9157789221 1225 AIRWAY EL PASO TX 79925 CRYSTAL LONG PRESIDENT AND CEO 9157789221 2015-07-28 1 RICHARD DE SANTOS P01385749 9155328000 2015-07-27 X 2014 2016-03-07 17:11:31Z CRYSTAL LONG 1225 AIRWAY EL PASO TX 79925 129918511 0 X WWW.MYGECU.ORG X 1932 TX COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES 7 7 845 0 252923 0 0 0 115527567 120801939 3832497 4204471 0 0 119360064 125006410 0 0 0 0 34635978 34573822 0 0 0 69099979 72285772 103735957 106859594 15624107 18146816 2005779908 2100657676 1827651555 1904766631 178128353 195891045 PROVIDE OUR MEMBERS WITH CONVENIENT, SUPERIOR FINANCIAL PRODUCTS AND SERVICES THAT PAVE THE WAY FOR FINANCIAL FREEDOM. 0 0 VOLUNTARY, COOPERATIVE, NON-PROFIT SAVINGS INSTITUTION (CREDIT UNION), INCORPORATED UNDER THE PROVISIONS OF THE TEXAS CREDIT UNION ACT, FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG MEMBERS, PROVIDING CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND PROVIDING AN OPPORTUNITY TO IMPROVE OUR MEMBER'S ECONOMIC CONDITION. 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 232486 0 1 845 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 0 1 1 1 1 1 1 1 0 X DAVID SOLIS 9157748260 1225 AIRWAY EL PASO TX 79925 GREGORY J WATTERS DIRECTOR 5.00 X 425 0 0 FRANK GARCIA DIRECTOR 3.00 X 350 0 0 JOSE I QUINONEZ DIRECTOR 3.00 X 375 0 0 GUADALUPE GINER DIRECTOR 3.00 X 475 0 0 RICARDO SOTO DIRECTOR 3.00 X 400 0 0 TERESA QUEZADA DIRECTOR 3.00 X 375 0 0 GRACE VAUGHN DIRECTOR 3.00 X 375 0 0 CRYSTAL D LONG PRESIDENT/CEO 40.00 X 622885 0 272263 TERESA MONTOYA VP - MARKETING 40.00 X 167932 0 17133 CECILIA A DAVILA VP - OPERATIONS 40.00 X 191692 0 47170 DARLENE PALMORE VP - COMPLIANCE 40.00 X 153782 0 28816 HAZEL KENNEDY-LEDESMA VP - REM, DEP, BUSINESS OP 40.00 X 157588 0 30526 ROY THOMPKINS VP - BUSINESS SERVICES 40.00 X 274143 0 18030 FERNANDO ORTEGA VP - INFORMATION TECHNOLOG 40.00 X 183406 0 27909 ARTURO PEREZ VP - LENDING 40.00 X 180943 0 41493 JOE UNDERWOOD VP - HUMAN RESOURCES 40.00 X 127563 0 19755 DAVID SOLIS VP - CONTROLLER 40.00 X 125725 0 34216 LETICIA RAMOS EMPLOYEE 40.00 X 119230 0 30938 RAYMOND STALLINGS EMPLOYEE 40.00 X 126992 0 32627 2434656 0 600876 12 0 1 0 SANDERS WINGO 221 N KANSAS STREET EL PASO TX 79901 ADVERTISING 3328952 FIDELITY INFORMATION SERVICE PO BOX 4535 CAROL STREAM IL 60197 MEMBER STATEMENT PROCESSING 2409061 DBSI INCORPORATED 6950 W MORELOS PL STE 1 CHANDLER AZ 85226 FACILITIES CONSTRUCTION AND RECONSTRUCTI 2161374 NCR CORPORATION 14181 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 CONSUMER TRANSACTION TECHNOLOGIES 1454968 MIRACLE DELIVERY SERVICE PO BOX 26488N EL PASO TX 79926 ARMORED VEHICLE 902538 5 INTEREST ON LOANS 522100 85165114 85165114 SERVICE CHARGES AND FEES 522100 29378451 29125528 252923 OTHER, NET 522100 3144240 3144240 LIFE & DISABILITY INSURANCE 522100 3114134 3114134 120801939 3609940 3609940 5506632 4912101 594531 594531 594531 125006410 121143547 252923 3609940 X 2722969 26967072 2491530 199338 2192913 449366 60802 4729755 5572419 2702210 3635650 356494 91222 16813916 5441852 OFFICE OPERATIONS 19557023 PROVISION FOR LOAN LOSS 9147271 OTHER OPERATING EXPENSE 3954501 EDUCATION AND PROMOTION 800717 -1027426 106859594 149383068 49705274 1085970 1208676 1507268215 1712085933 2138846 2691266 93192582 41665082 49518149 51527500 235066252 218190226 61319408 65248801 2005779908 2100657676 1826965018 1903711085 686537 1055546 1827651555 1904766631 X 15580572 15580572 0 0 162547781 180310473 178128353 195891045 2005779908 2100657676 X 18146816 -353894 -30230 X X 0 1 X 1 0 1 672973 48140987 47758414 1055546 1 8341362 8341362 52988492 18433676 34554816 31862728 23231406 8631322 51527500 US GOVERNMENT AND FEDERAL AGENCIES 48321147 F MORTGAGE BACKED SECURITIES 134644188 C CERTIFICATES OF DEPOSIT 11928000 C EQUITIES AND MANAGED FUNDS 15821916 F OTHER INVESTMENTS 7474975 C 218190226 PART IV, LINE 1B: THE ORGANIZATION SERVICES MORTGAGE LOANS AND HOLDS FUNDS IN ESCROW FOR TAXES AND INSURANCE PAYMENTS ON BEHALF OF THE BORROWERS. X 1 1 X X X 0 1 0 CRYSTAL D LONG PRESIDENT/CEO 482091 0 140794 0 0 0 260800 0 11463 0 895148 0 0 0 TERESA MONTOYA VP - MARKETING 152609 0 15323 0 0 0 9329 0 7804 0 185065 0 0 0 CECILIA A DAVILA VP - OPERATIONS 175639 0 16053 0 0 0 36665 0 10505 0 238862 0 0 0 DARLENE PALMORE VP - COMPLIANCE 139113 0 14669 0 0 0 27526 0 1290 0 182598 0 0 0 HAZEL KENNEDY-LEDESMA VP - REM, DEP, BUSINESS OP 144989 0 12599 0 0 0 29184 0 1342 0 188114 0 0 0 ROY THOMPKINS VP - BUSINESS SERVICES 260842 0 13301 0 0 0 9532 0 8498 0 292173 0 0 0 FERNANDO ORTEGA VP - INFORMATION TECHNOLOG 168898 0 14508 0 0 0 17510 0 10399 0 211315 0 0 0 ARTURO PEREZ VP - LENDING 166608 0 14335 0 0 0 33734 0 7759 0 222436 0 0 0 DAVID SOLIS VP - CONTROLLER 116146 0 9579 0 0 0 24325 0 9891 0 159941 0 0 0 LETICIA RAMOS EMPLOYEE 97819 0 21411 0 0 0 21188 0 9750 0 150168 0 0 0 RAYMOND STALLINGS EMPLOYEE 120160 0 6832 0 0 0 25145 0 7482 0 159619 0 0 0 PART I, LINE 4B PARTICIPANTS IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: CRYSTAL LONG - $186,780 TERESA MONTOYA - $ 61,328 FERNANDO ORTEGA - $ 21,803 ROY TOMPKINS - $ 20,189 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A STATE CHARTERED COMMUNITY CREDIT UNION. MEMBERSHIP IS ESTABLISHED THROUGH THE OPENING OF SHARE ACCOUNTS AT THE INSTITUTION. MEMBERS VOTE AT AN ANNUAL MEETING TO ELECT REPRESENTATIVES TO THE BOARD OF DIRECTORS OF THE INSTITUTION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS A STATE CHARTERD COMMUNITY CREDIT UNION. MEMBERSHIP IS ESTABLISHED THROUGH THE OPENING OF SHARE ACCOUNTS AT THE INSTITUTION. MEMBERS VOTE AT AN ANNUAL MEETING TO ELECT REPRESENTATIVS TO THE BOARD OF DIRECTORS OF THE INSTITUTION. FORM 990, PART VI, SECTION A, LINE 7B AS DISCUSSED IN 7A, MEMBERS HOLD ELECTIONS AT AN ANNUAL MEETING TO ELECT MEMBERS TO THE BOARD OF DIRECTORS FOR THOSE BOARD MEMBERS WHOSE TERMS ARE ENDING. FORM 990, PART VI, SECTION B, LINE 11 THE CEO AND CONTROLLER REVIEW FORM 990 PRIOR TO FILING. UPON COMPLETION OF THEIR REVIEW THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION INFORMS THE BOARD OF DIRECTORS THAT FORM 990 IS AVAILABLE TO THEM UPON THEIR REQUEST. FORM 990, PART VI, SECTION B, LINE 12C ANY OFFICER, DIRECTOR, ADVISORY DIRECTOR OR COMMITTEE MEMBER OF THE CREDIT UNION MUST DISCLOSE ANY CONFLICT OF INTEREST PRIOR TO DELIBERATION OR DETERMINATION OF ANY LOAN, INVESTMENT OR ANY OTHER MATTER AFFECTING THAT INDIVIDUAL AND THE INDIVIDUAL CAN NOT PARTICIPATE, DIRECTLY OR INDIRECTLY, IN SUCH DELIBERATION OR DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE INSTITUTION USES HRN, AN INDEPENDENT COMPENSATION CONSULTANT, TO SUPPLY COMPARATIVE MARKET DATA. OTHER REPUTABLE SOURCES SUCH AS CUNA, D. HILTON AND CREDIT UNION EXECUTIVE SOCIETY ARE ALSO USED. A REPORT IS PREPARED FOR BOARD OF DIRECTORS REVIEW. THE BOARD WILL SET THE SALARY FOR THE CEO AND EXECUTIVES AS WELL AS BONUS AMOUNTS AND OTHER BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 GECU DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF EACH BRANCH OFFICE EACH MONTH AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST FROM ANY OFFICER OR MANAGER. FORM 990, PART IX, LINE 24E UNRELATED BUSINESS INCOME TAX REFUND -1,027,426. FORM 990, PART XI, LINE 9: UNREALIZED HOLDING LOSS ON POST RETIREMENT OBLIGATIONS -30,230. FORM 990, PART XII, LINE 2C NO CHANGES HAVE BEEN MADE WITH REGARDS TO THE AUDIT OVERSIGHT OR SELECTION PROCESS DURING THE CURRENT TAX YEAR. EL PASO CREDIT UNION AFFORDABLE HOUSING LLC 6801 VISCOUNT BLVD EL PASO TX 79925 742999219 PROVIDES AFFORDABLE HOME LOANS AND DEBT MANAGEMENT TO EL PASO RESIDENTS TX -61416 0 GECU GECU FOUNDATION 1225 AIRWAY BLVD EL PASO TX 79925 208801986 FUNDING OF A SCHOLARSHIP ENDOWMENT FUND TX 501(C)(3) LINE 11D, III-O 0 EL PASO CREDIT UNION HOAP INC 6801 VISCOUNT BLVD STE A EL PASO TX 79925 300181693 PROVIDE FINANCIAL LITERACY, HOUSING COUNSELING AND DOWN PAYMENT ASSISTANCE TX 501(C)(3) LINE 11D, III-O 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 EL PASO CREDIT UNION HOAP INC L EL PASO CREDIT UNION HOAP INC N EL PASO CREDIT UNION HOAP INC O 219981 AMOUNTS PAID