2015-09-17T10:09:11-07:00 2014-12-31 451225955 Jones & Sas LLC CPAs 823 W Main St Ste 7 Sumner WA 98390 990 2014-01-01 910403380 COMMUNITY 1ST CREDIT UNION COMM PO BOX 870 Dupont WA 98327 ROGER GIESEKE PRESCEO 2537225212 2015-09-15 false ELLEN M SAS P01800945 2538912940 2015-09-17 2014 2016-02-25 16:41:14Z ROGER GIESEKE 955 ROSS LOOP SUITE 100 DUPONT WA 98327 15650449 false X WWW.MYC1CU.COM X 1934 WA TO BUILD RELATIONSHIPS BY DELIVERING VALUED BANKING SOLUTIONS. OUR GOAL IS TO BE RESPONSIVE TO MEMBER FINANCIAL NEEDS, PROMOTE THRIFT, PROVIDE A FULL RANGE OF SERVICES, MAINTAIN FINANCIAL STABILITY, AND MANAGE GROWTH WHILE OFFERING REWARDING CAREERS TO OUR EMPLOYEES. 8 8 66 10 84449 -20494 0 4221569 4210136 415703 327739 204810 112574 4842082 4650449 0 0 1912311 1844921 0 0 2723721 2643251 4636032 4488172 206050 162277 113854190 114679891 97600093 97352193 16254097 17327698 X TO BUILD RELATIONSHIPS BY DELIVERING VALUED BANKING SOLUTIONS. OUR GOAL IS TO BE RESPONSIVE TO MEMBER FINANCIAL NEEDS, PROMOTE THRIFT, PROVIDE A FULL RANGE OF SERVICES, MAINTAIN FINANCIAL STABILITY, AND MANAGE GROWTH WHILE OFFERING REWARDING CAREERS TO OUR EMPLOYEES. true false MUTUAL, MEMBERSHIP BENEFIT PROGRAMS, GENERAL/OTHER: PROVIDED ITS 8443 MEMBERS THE OPPORTUNITY FOR SAVINGS, DEPOSIT, LOANS, AND OTHER FINANCIAL SERVICES. GRANTED 1684 LOANS TOTALING 34,524,524 TO ITS MEMBERS DURING 2014. false false false false false false false false false true false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 1977 0 66 true true true false false false false false X 8 8 false false false false true true false true true false true true true true true true false true true true false X X ROGER GIESEKE 2537225212 955 ROSS LOOP SUITE 100 DUPONT WA 98327 STEVE BATES DIRECTOR 1.00 0.00 X 0 0 0 NICK KUNZ SUPERVISOR COMMITTEE 1.00 0.00 X 0 0 0 ANNE KUSH SUPERVISOR COMMITTEE 1.00 0.00 X 0 0 0 JAN PARENT DIRECTOR 1.00 0.00 X 0 0 0 JAMES REID SUPERVISOR COMMITTEE CHAIRDI 1.50 0.00 X 0 0 0 ELAINE TIERNEY DIRECTOR 1.00 0.00 X 0 0 0 KEN TITUS DIRECTOR 1.00 0.00 X 0 0 0 LARRY WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 TERESA WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 FRANK WORDEN BOARD CHAIR 2.00 0.00 X 0 0 0 ROGER GIESEKE PRESCEO 50.00 0.00 X 264499 0 174812 CINDY MCKRILL EXEC VICE PRESIDENT 50.00 0.00 X 123935 0 34295 LISA ZVIRZDYS VP SALESMARKETING 50.00 0.00 X 89232 0 14087 477666 0 223194 2 false true false FISERV INC PO BOX 99924 Grapevine TX 760999724 DATASAFE ACCT PROC 169771 1 INTEREST ON LOANS 522291 2910067 2910067 FEES & CHARGES 522100 910184 910184 INTERCHANGE INCOME 522210 311900 311900 NON-MEMBER ATM FEES 525990 38796 38796 INSURANCE INCOME 524298 39189 39189 4210136 328524 328524 9485 9485 9485 9485 10998100 1115 11000000 -1900 1115 -785 -785 GAIN ON SALE OF MORTGAG 900099 40004 40004 FREDDIE MAC SERVICING 900099 22299 22299 MISC INCOME 900099 15989 15989 24797 6464 18333 103089 4650449 4140851 84449 425149 698461 871321 122723 29435 122981 4000 28100 53491 257051 274432 216104 14966 2772 372079 290568 DIVIDEND EXPENSE 303193 303193 LOAN SERVICE AND COLLECTION 378462 378462 VISA FEES AND CHARGES 167495 167495 CREDITDEBIT CARD EXPENSE 127707 127707 152831 4488172 0 0 0 1093665 1340990 3000000 11800000 56747557 68627292 641837 912459 10362010 2474444 8173541 7887566 36355723 13953920 2000 2000 7839867 10155664 113854190 114679891 2237252 2642857 95362841 94709336 97600093 97352193 X 16254097 17327698 16254097 17327698 113854190 114679891 X 162277 911324 X false false false 1977653 1977653 5573630 806966 4766664 423805 124088 299717 2386922 1543390 843532 7887566 OTHER INVESTMENTS 2000 F 2000 ANNUITIES & LIFE INSURANCE CONTRACT 5024938 OTHER RECEIVABLES 3705788 NCUSIF DEPOSIT 889124 ACCRUED INTEREST RECEIVABLE 172298 MORTGAGE SERVICING ASSET RIGHTS 79625 ASSETS ACQUIRED IN LIQUIDATION 27027 OTHER ASSETS 1864 LOANS HFS 255000 10155664 MEMBER SHARES AND DEPOSITS 94585489 ACCRUED EXPENSES 116241 TAXES PAYABLE 5046 OTHER LIABILITIES 2560 94709336 X X false true false ROGER GIESEKE PRESCEO 262099 2400 174812 439311 CINDY MCKRILL EXEC VICE PRESIDENT 121535 2400 34295 158230 Listed persons compensation information (Part I, line 4) ROGER GIESEKSEVERANCENONQUALIFIED $124,118EQUITY BASED OFFICERS PARTICIPATE IN457(b) AND 457(f) PLANS BUT DID NOT RECEIVE PAYMENTS DURING 2014. Members or stockholder classes and rights Part VI line 6 THE CREDIT UNION HAS 8443 MEMBERS. Member election for additional members Part VI line 7a CREDIT UNION MEMBERS ELECT ALL MEMBERS OF THE BOARD OF DIRECTORS. Form 990 governing body review Part VI line 11 FORM 990 IS REVIEWED BY THE CEO, AND THE BOARD OF DIRECTORS. THE FORM IS APPROVED BY THE CEO. Conflict of interest policy compliance Part VI line 12c DIRECTORS ARE REQUIRED TO SIGN AN OATH OF OFFICE ANNUALLY WHICH INCORPORATES A CONFLICT OF INTEREST STATEMENT. CEO executive director top management comp Part VI line 15a COMPENSATION COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE CEO'S COMPENSATION. Other officer or key employee compensation Part VI line 15b CEO SETS OFFICER SALARIES BASED ON INDUSTRY SURVEY AND PEER COMPARISON; BOARD OF DIRECTORS APPROVES RANGES. Governing documents etc available to public Part VI line 19 THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THEIR ANNUAL MEETING. Significant program services not listed on prior year return Part III line 2 THE CREDIT UNION ADDED A MOBILE BANKING PLATFORM TO ITS PRODUCT AND SERVICE LINE IN 2014. THE CREDIT UNION OFFERS TWO APPS, ONE THROUGH THE APPLE STORE, AND A DROID APP THROUGH THE GOOGLE STORE. THESE NEW APPS ALSO COME WITH MOBILE REMOTE DEPOSIT CAPABILITIES. Explanation of other changes in net assets or fund balances Part XI line 9 CURRENT YEAR UNREALIZED LOSS ON INVESTMENTS -$59,266PRIOR YEAR UNREALIZED LOSS ON INVESTMENTS -$970,590.