2015-08-11T12:01:45-05:00 2014-12-31 010242373 MACPAGE LLC 30 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2014-01-01 010216328 EVERGREEN CREDIT UNION EVER 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 H TUCKER COLE CEO 2072215000 2015-08-04 1 MARK AYERS P00289581 2077745701 2015-08-04 X 2014 2016-04-25 22:37:26Z 225 RIVERSIDE STREET PORTLAND ME 04104 9842376 0 X WWW.EVERGREENCREDITUNION.ORG X 1951 ME PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 9 9 77 9 26199 -4280 0 0 7707928 7309661 1020623 971187 1516020 1561528 10244571 9842376 0 0 1075592 924070 3267520 3291176 0 0 0 4899146 4752090 9242258 8967336 1002313 875040 220406548 227662070 201785366 208165848 18621182 19496222 PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 0 0 8967335 9816177 THE CREDIT UNION HAS 22,880 MEMBERS AS OF 12/31/2014. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. 8967335 0 0 0 0 0 0 0 0 0 1 1 0 0 1 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 0 0 0 0 1 2933 0 1 77 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X KATE ARCHAMBAULT 2072215000 225 RIVERSIDE STREET PORTLAND ME 04104 ALEX STONE DIRECTOR 1.00 X 0 0 0 BRIAN CONGER ASST SECRETARY 1.00 X 0 0 0 CHRISTOPHER DOE TREASURER 1.00 X 0 0 0 DANIEL MCGARVEY CHAIRMAN 1.00 X 0 0 0 DOUGLAS WILSON DIRECTOR 1.00 X 0 0 0 JOHN MORNEAULT ASST. TREASURER 1.00 X 0 0 0 KELLIE HARRIS SECRETARY 1.00 X 0 0 0 RON GRECO VICE CHAIRMAN 1.00 X 0 0 0 SANDRA LIPSEY DIRECTOR 1.00 X 0 0 0 H TUCKER COLE PRESIDENT & CEO 40.00 X 216485 0 23000 KATHLEEN ARCHAMBAULT CFO & SVP OF INFO. TECH. 40.00 X 153721 0 17416 TIMOTHY VERREAULT SVP, RETAIL BANKING 40.00 X 131543 0 2631 501749 0 43047 3 0 1 0 SYNERGENT PO BOX 1236 PORTLAND ME 04104 DATA/ATM PROCESSING 1044944 SYSTEMS ENGINEERING 120 EXCHANGE ST PORTLAND ME 04104 IT SUPPORT AND EQUIPMENT 147895 IMAGINE BRANDS INC HOWARD LOWELL PO BOX 1038 PORTLAND ME 04104 MARKETING 103913 3 LOAN INCOME FROM MEMBE 522291 5939136 5939136 FEE INCOME 522291 1370525 1370525 7309661 971187 971187 ATM NON-MEMBER FEES 522100 1497405 1471206 26199 MBR INSURANCES CR LIFE 522100 61232 61232 OTHER OPERATING INCOME 522100 2891 2891 1561528 9842376 9816177 26199 0 X 924070 544796 2007985 102681 445888 189826 23103 72000 1518741 196572 708623 436218 19229 306578 77863 PROVISION FOR LOAN LOSS 990000 LOAN SERVICE EXPENSE 289634 MISC OPERATING EXPENSE 84539 EDUCATIONAL 15387 13603 8967336 963137 900189 18228167 21624169 128036011 126142904 8332122 2611631 5944526 5720491 61767407 67592883 5467300 5681434 220406548 227662070 73429 137220 201711937 208028628 201785366 208165848 X 0 0 0 0 18621182 19496222 18621182 19496222 220406548 227662070 875040 0 X 0 1 X 1 0 1705026 1705026 5678440 1883432 3795008 948656 728199 220457 5720491 CERTIFICATES OF DEPOSIT 44225000 C MORTGAGE-BACKED SECURITIES 11879355 C NCUSIF DEPOSIT 2031324 C TRICORP F C U MEMBER SHARES 400000 C AGENCY SECURITIES 9057204 C 67592883 MEMBER DEPOSITS 208028628 208028628 X X X 0 0 0 H TUCKER COLE PRESIDENT & CEO 216485 0 0 0 0 0 23000 0 0 0 239485 0 0 0 KATHLEEN ARCHAMBAULT CFO & SVP OF INFO. TECH. 153721 0 0 0 0 0 17416 0 0 0 171137 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MEMBERSHIP IS OBTAINED BY ANYONE MAKING THE MINIMUM REQUIREMENT DEPOSIT IN THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - BOARD OF DIRECTORS IS COMPRISED OF MEMBERS ELECTED BY THE CREDIT UNION MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - CERTAIN ACTIONS OF THE BOARD REQUIRE A VOTE BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11 A FORMAL REVIEW BY THE ENTIRE GOVERNING BODY WAS NOT DEEMED NECESSARY. A FORMAL REVIEW BY THE CEO AND CFO IS PERFORMED. FORM 990, PART VI, SECTION B, LINE 12C IN SIGNING THE CONFLICT OF INTEREST POLICY, OFFICERS AGREE TO DISCLOSE ANY RELATED ITEMS. THE ORGANIZATION IS SMALL AND THEREFORE SENIOR MANAGEMENT IS AWARE OF ALL CONTRACTS WITH THIRD PARTIES. THEREFORE, ANY CONFLICT WOULD BE EASILY IDENTIFIED AND AVOIDED. IF THE BOARD MEMBER WANTED TO PURSUE A BUSINESS RELATIONSHIP THEY WOULD BE REQUIRED TO RESIGN FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE C.E.O. IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD. GOALS ARE SET EACH YEAR AND C.E.O. IS MEASURED BASED ON THESE GOALS. COMPENSATION RANGE IS BASED ON THIRD PARTY VENDOR RANGES FOR SIMILAR INSTITUTIONS. OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY THEIR SUPERVISOR BASED ON ESTABLISHED CREDIT UNION REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND POLICIES OF THE ORGANIZATION ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY MONTHLY. FORM 990, PART IX, LINE 11G STUDENT LOAN FEES 12,047. ATM EXPENSES 694,845. DATA PROCESSING FEES 504,210. PROFESSIONAL & OUTSIDE SERVICES 307,639.