2015-05-12T16:46:22-05:00 2014-12-31 741650885 PADGETT STRATEMANN & CO LLP 100 NE LOOP 410 SUITE 1100 SAN ANTONIO TX 78216 990 2014-01-01 740879805 FIRSTMARK CREDIT UNION FIRS 2103428484 PO BOX 701650 SAN ANTONIO TX 78270 LEON EWING CEO 2103428484 2015-05-12 1 JOSIE BEHREND P00715390 2108286281 2014 2016-03-07 17:11:31Z LEON EWING PO BOX 701650 SAN ANTONIO TX 78270 58388104 0 X WWW.FIRSTMARKCU.ORG X 1932 TX OUR MAIN OBJECTIVE WAS TO SEEK OPPORTUNITIES TO INVEST IN NEW PRODUCTS, SERVICES, AND APPLICATIONS TO THE CHANGING NEEDS OF FIRSTMARK CREDIT UNION'S EXPANDING MEMBERSHIP WELL INTO THE FUTURE. 1)CASH BACK CHECKING - GIVES MEMBERS $0.10 EVERY TIME THEY USE THEIR DEBIT CARD WITH A SIGNATURE, AS WELL AS REDUCING THE NUMBER OF CHECKING ACCOUNTS OFFERED FROM EIGHT TO TWO TO AVOID CONFUSION AND UNNECESSARY COMPLEXITY.2)ONLINE BANKING - A NEW RELEASE OF ONLINE BANKING WITH ADDED CAPABILITIES THAT MAKE THE ELECTRONIC BANKING EXPERIENCE EASIER. FIRSTMARK ALSO IMPLEMENTED A NEW LENDING PLATFORM FOR MEMBERS TO APPLY FOR LOANS DIRECTLY ONLINE,IMPROVING PROCESSING SPEED AND QUALITY.3)MOBILE BANKING - OUR MOBILE BANKING WEBSITE,MOBILE.FIRSTMARKCU.ORG,TO KEEP PACE WITH THE CONTINUED RISE OF MOBILE DATA PLANS.4)FMCU FINANCIAL GROUP,LLC - FORMING FMCU FINANCIAL GROUP, LLC, AN INDEPENDENT INSURANCE BROKER OFFERING MYRIAD INSURANCE PRODUCTS CONVENIENTLY AND COST-EFFECTIVELY TO OUR MEMBERS. 8 8 391 11 252489 -96167 0 0 51250736 53724295 1751 -104548 0 0 51252487 53619747 63019 82755 0 0 16346748 18199826 0 0 0 25086255 26393256 41496022 44675837 9756465 8943910 817030760 905264248 45496137 65912680 771534623 839351568 X FIRSTMARK CREDIT UNION, A MEMBER OWNED AND LOCALLY-CONTROLLED FINANCIAL COOPERATIVE, IS DEDICATED TO MEETING THE FINANCIAL NEEDS OF MEMBERS; PROVIDING EXCELLENCE IN PERSONALIZED SERVICE; OFFERING INNOVATIVE AND COMPREHENSIVE PRODUCTS AND SERVICES; SAFEGUARDING MEMBER INVESTMENTS BY MAINTAINING FINANCIAL STRENGTH; BEING A RESPONSIBLE EMPLOYER BY ADDRESSING THE NEEDS OF EMPLOYERS; AND BEING A RESPONSIBLE CORPORATE CITIZEN IN THE COMMUNITY. 0 0 MEETING THE FINANCIAL NEEDS OF MEMBERS; PROVIDING EXCELLENCE IN PERSONALIZED SERVICE; OFFERING INNOVATIVE AND COMPREHENSIVE PRODUCTS AND SERVICES; SAFEGUARDING MEMBER INVESTMENTS BY MAINTAINING FINANCIAL STRENGTH; BEING A RESPONSIBLE EMPLOYER BY ADDRESSING THE NEEDS OF EMPLOYERS; AND BEING A RESPONSIBLE CORPORATE CITIZEN IN THE COMMUNITY. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 16830 0 1 391 1 1 1 0 0 0 0 0 X 8 8 0 0 1 0 1 1 0 1 1 0 1 1 1 1 0 0 0 1 1 0 1 1 X ANDREW APPLE 2103428484 2023 GOLD CANYON SAN ANTONIO TX 78232 DONALD PINSON CHAIRMAN 1.00 X X 0 0 0 RODOLFO PENA VICE-CHAIRMAN 1.00 X X 0 0 0 JAMES MUIR SECRETARY/TREASURER 1.00 X X 0 0 0 IGNACIO OROZCO JR DIRECTOR 1.00 X 0 0 0 REDELL ERVIN DIRECTOR 1.00 X 0 0 0 CLARE COLEMAN DIRECTOR 1.00 X 0 0 0 KYLE FRIESENHAHN DIRECTOR 1.00 X 0 0 0 ANTHONY PETRI DIRECTOR 1.00 X 0 0 0 MATTHEW RALPH ADVISORY BOARD MEMBER 1.00 X 0 0 0 LEON EDWARD EWING PRESIDENT/CEO 50.00 X 348183 0 17842 JESUS MARTINEZ EVP/COO 50.00 X 200032 0 111800 ANDREW APPLE SVP/CFO 50.00 X 175407 0 25555 GREGG THORNE SVP/CHIEF LENDING OFFICER 50.00 X 136855 0 29551 DAWN SLOANS SVP/CHRO 50.00 X 124441 0 39391 FRED HAGERMAN SVP CHIEF MARKETING OFFICER 50.00 X 128646 0 20408 DONALD JONES SVP CHIEF INFORMATION OFFICER 50.00 X 154053 0 44177 VERONICA TERAN VP FINANCE MANAGER 50.00 X 102090 0 12525 MICHAEL J POLIGALA VP LENDING 50.00 X 105589 0 17804 1475296 0 319053 9 0 1 0 JACK HENRY & ASSOCIATES PO BOX 609 MONETT MO 65708 SOFTWARE 858928 SMITH PROTECTION SECURITY PO BOX 802649 DALLAS TX 753802649 SECURITY GUARD 783736 GLORY GLOBAL SOLUTIONS INC PO BOX 71252 CHICAGO IL 606941252 CASH MANAGEMENT SUPPORT 573622 LEONARD CONTRACTING INC 16010 UNIVERSITY OAK STE 100 SAN ANTONIO TX 782494013 GENERAL CONTRACTOR 513958 GOOGLE INC PO BOX 39000 SAN FRANCISCO CA 94139 TECHNOLOGY 275461 29 PERSONAL LOANS 522100 16755846 16755846 OTHER OPERATING INCOME 522100 15126043 14873554 252489 REAL ESTATE LOANS 522100 6509557 6509557 CREDIT CARD LOANS 522100 5828654 5828654 OTHER COMPHREHENSIVE INCOME 522100 4658268 4658268 4845927 4845927 53724295 2998380 1665429 2973123 1795234 25257 -129805 -104548 -104548 53619747 53471806 252489 -104548 77755 5000 1556341 13297434 1210927 1069696 1065428 188181 4465296 1250835 3936876 3060722 281521 5157474 2017538 232188 PROVISION FOR LOAN LOSS 2870451 LOAN SERVICING 2362395 ASSOCIATION DUES & SUBS 415649 MISC OPERATING EXPENSE 86461 67669 44675837 10923248 10423034 2163050 4254416 570404194 649660877 1499935 2190216 53316847 25482331 26324514 27834516 182187696 187778112 23528123 23123077 817030760 905264248 6943181 8474396 34545555 53045581 4007401 4392703 45496137 65912680 X 0 0 0 0 771534623 839351568 771534623 839351568 817030760 905264248 X 8943910 58873035 X X 0 1 X 1 0 7935761 7935761 22291136 7347707 14943429 2123509 1537699 585810 20966441 16596925 4369516 27834516 AVAILABLE FOR SALE SECURITIES 173204747 F CASH ACCOUNTS/CD'S 14563172 C GOV'T SECURITIES 777 C MISCELLANEOUS 9416 C 187778112 DIVIDENDS PAYABLE 386501 OTHER LIABILITIES 4006202 4392703 1 SAN ANTONIO AREA FOUNDATION 110 BROADWAY SUITE 230 SAN ANTONIO TX 78205 746065414 501(C)(3) 15000 N/A N/A SCHOLARSHIPS BEXAR COUNTY SCHOOL BOARDS COALITION 13450 SUNNYVIEW TRAIL SAN ANTONIO TX 78253 463263327 501(C)(3) 5000 N/A N/A SCHOLARSHIPS 2 0 EDUCATOR AWARDS 10 5000 FMV N/A PAGE 9, PART VIII, LINE 2 SCHOLARSHIP AWARDS ARE FUNDED BY THE SAN ANTONIO AREA FOUNDATION. TO BEGIN THE PROCESS STUDENTS MUST COMPLETE AN APPLICATION TO APPLY FOR THE SCHOLARSHIP. ONCE THE WINNERS OF THE SCHOLARSHIP ARE SELECTED FIRSTMARK CREDIT UNION PUTS THE SAN ANTONIO AREA FOUNDATION IN TOUCH WITH THE WINNERS. THE WINNERS COMPLETE A FORM TO COORDINATE THE AVAILABLE SCHOLARSHIP FUNDS TO BE APPLIED TO THE SCHOOL OF THEIR CHOICE. 1 X X 0 0 0 LEON EDWARD EWING PRESIDENT/CEO 334777 0 13406 0 0 0 0 0 17842 0 366025 0 0 0 JESUS MARTINEZ EVP/COO 193883 0 6149 0 0 0 106270 0 5530 0 311832 0 0 0 ANDREW APPLE SVP/CFO 173626 0 1781 0 0 0 20111 0 5444 0 200962 0 0 0 GREGG THORNE SVP/CHIEF LENDING OFFICER 135416 0 1439 0 0 0 24332 0 5219 0 166406 0 0 0 DAWN SLOANS SVP/CHRO 123067 0 1374 0 0 0 34270 0 5121 0 163832 0 0 0 DONALD JONES SVP CHIEF INFORMATION OFFICER 151787 0 2266 0 0 0 38901 0 5276 0 198230 0 0 0 LEON EWING CEO TBLG BOARD MEMBER 0 MR. EWING SERVES ON THE BOARD OF DIRECTORS FOR THE TEXAS BUSINESS LENDERS GROUP (TBLG). THE ORGANIZATION HAS TRANSACTIONS GREATER THAN $10,0000 WITH TBLG. MR. EWING DOES NOT RECIEVE ANY PERSONAL BENEFIT FROM THESE TRANSACTIONS. 0 FORM 990, PART VI, SECTION A, LINE 4 IN 2014, THE BOARD OF DIRECTORS APPROVED AN AMENDMENT TO CREDIT UNION BYLAW SECTION 3.01 - FIELD OF MEMBERSHIP. THE PURPOSE OF THE AMENDMENT WAS TO PROVIDE WRITTEN CLARIFICATION REGARDING THOSE INDIVIDUALS ELIGIBLE FOR MEMBERSHIP WITH THE CREDIT UNION THROUGH THEIR AFFILIATION AS A MEMBER OF THE SAN ANTONIO FRIENDS OF THE PARKS. THE AMENDMENT HAS BEEN APPROVED BY THE CREDIT UNION DEPARTMENT OF TEXAS. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE NO CLASSES OF MEMBERS. THERE IS ONLY ONE TYPE OF MEMBER WITH THE SAME RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS HAVE THE RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY AT THE ANNUAL MEETING AND ALL MEMBERS HAVE THE RIGHT TO RECEIVE A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11 UPON COMPLETION OF FORM 990, THE CFO AND THE CEO WILL REVIEW IT AND DELIVER IT TO THE GOVERNING BODY FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12B, CONFLICT OF INTEREST POLICY: THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY FOR EMPLOYEES, BUT DOES NOT REQUIRE THE BOARD OF DIRECTORS TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. BOARD MEMBERS ARE RESPONSIBLE FOR CAREFULLY EXAMINING POTENTIAL CONFLICTS OF INTERESTS AND INSURING THAT ANY CONFLICTS OF INTERESTS ARE ADDRESSED APPROPRIATELY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION SURVEY, BOARD APPROVAL AND WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 FIRSTMARK CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN MEMBERS DEPOSITS 58,873,035. FORM 990, PART XII, LINE 2, AUDITED FINANCIAL STATEMENTS AND REPORTING: THE FINANCIAL STATEMENTS WERE AUDITED ON A CONSOLIDATED BASIS. FINANCIAL STATEMENTS ARE AUDITED FOR THE FISCAL YEAR ENDING JUNE 30, 2014 AND THE TAX RETURN IS FILED ON A CALENDAR YEAR BASIS. FORM 990, PART XI, LINE 2C, OVERSIGHT COMMITTEE RESPONSIBILITES: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. AS NOTED PREVIOUSLY, THE ORGANIZATION FINANCIAL STATEMENTS ARE AUDITED FOR THE FISCAL YEAR ENDED JUNE 30, 2014 AND THE TAX RETURN IS FILED ON A CALENDAR YEAR. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990, PART I, LINE I, MISSION OR MOST SIGNIFICANT ACTIVITIES (CONT): OFFERING MORE - WE ALSO MADE GREAT STRIDES IN ENHANCED TECHNOLOGY, INNOVATIVE PRODUCTS, AND UNIQUE SERVICES TAILORED TO THE CHANGING NEEDS OF FIRSTMARK'S MEMBERSHIP. OUR FOCUS ON INTERNAL IMPROVEMENTS AND EFFICIENCIES ALLOWED US TO OFFER A NUMBER OF BENEFITS, INCLUDING: * VARIABLE CREDIT CARD: IMPLEMENTED AS AN ADDITIONAL PRODUCT TO PROVIDE A REWARD OR CASH-BACK CREDIT CARD OPTION. * ADA COMPLAINT ATMS: MET THE RECENT FEDERAL COMPLIANCE REQUIREMENTS; INCLUDED AN ADDITIONAL "SCREEN BLANKING," VOICE-QUIDED FEATURE THAT ENSURES PRIVACY FOR MEMBERS WHO USE AN OPTIONAL HEAD-SET. *ONLINE BUSINESS BANKING: TAILORED TO BUSINESS OWNERS, THIS NEW FEATURE OFFERS ONLINE BILL-PAY, FUNDS TRANSFER, AND AUTOMATED CLEARING HOUSE (ACH) FOR ORIGINATING PAYROLL OR OTHER PAYMENTS. *COMPUTER SYSTEMS VERIFICATION: SUCCESSFULLY COMPLETED CERTIFICATION CONFIRMING THE BACK-UP COMPUTER SYSTEM WILL SUPPORT OUR MEMBERSHIP IN THE EVENT OF A DISASTER. FORM 990, PART VI, SECTION A, LINE 1A: ADVISORY BOARD MEMBERS DO NOT HAVE VOTING RIGHTS. FMCU FINANCIAL GROUP LLC 2023 GOLD CANYON DRIVE SAN ANTONIO TX 78232 273191658 CREDIT UNION SERVICE ORGANIZATION TX FIRSTMARK CREDIT UNION C 50506 250912 1.00000 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0