2025-11-04T08:32:57-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2024-01-01 952030824 AMERICA'S CHRISTIAN CREDIT UNION CRED 8003436328 2100 E ROUTE 66 GLENDORA CA 91740 CINDY MORGAN VP / CHIEF FINANCIAL OFFICER 8003436328 2025-11-02 1 1 LISA N RYSSEL CPA P00643670 7149781300 2025-11-02 2024 2025-03-06 01:10:19Z CINDY MORGAN 2100 E ROUTE 66 GLENDORA CA 91740 40276852 0 X WWW.AMERICASCHRISTIANCU.COM X 1958 CA TO PROVIDE FINANCIAL SERVICES TO THOSE WHO ALIGN THEMSELVES WITH THE WESLEYAN CHRISTIAN DOCTRINE. 7 7 125 12 25930 0 0 0 30201011 32715945 3677313 6464013 251948 333369 34130272 39513327 142353 119125 8254757 13218313 11311499 12638099 0 0 0 9530327 10108018 29238936 36083555 4891336 3429772 643303273 688840404 595580950 637259822 47722323 51580582 TO PROVIDE FINANCIAL SERVICES TO THE COMMUNITY OF PEOPLE, CHURCHES AND ORGANIZATIONS WHO ALIGN THEMSELVES WITH THE WESLEYAN CHRISTIAN DOCTRINE. 0 0 TO ENCOURAGE BIBLICAL STEWARDSHIP AND TO REACH, SERVE, AND TEACH OUR MEMBERS. WE DO THIS BY PROVIDING FINANCIAL SERVICES INCLUDING SAVINGS DEPOSITS, CHECKING, AND ALL DEPOSIT RELATED SERVICES, PROVIDING FINANCING THROUGH LOANS TO MEMBERS, AND BY EDUCATING MEMBERS IN RESPONSIBLE STEWARDSHIP PRINCIPLES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 9601 0 1 125 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X VICKI VANNBERSTEIN 6262085505 2100 E ROUTE 66 GLENDORA CA 91740 VICKI VANNBERSTEIN PRESIDENT & CEO 40.00 0.00 X 581661 0 48099 PATRICK LANGILLE SVP/COO 40.00 0.00 X 285571 0 1793 CINDY MORGAN CHIEF FINANCIAL OFFICER 40.00 0.00 X 274316 0 1835 EVAMARIE PISANI CHIEF MEMBER SERVICES OFFICER 40.00 0.00 X 201782 0 21709 SCOTT DEPRAT VP DIGITAL PRODUCTS 40.00 0.00 X 198865 0 20202 ANDREW CASANOVA CHIEF MEMBER ACQUISITION OFFICER 40.00 0.00 X 199202 0 18547 MARTHA ARCHER COMPLIANCE OFFICER (LEFT 03/2024) 40.00 0.00 X 197255 0 7748 JOEL SANTIAGO CHIEF CORPORATE BANKING OFFICER 40.00 0.00 X 198000 0 1692 BARBARA DICKERSON CHAIR 2.00 0.00 X X 0 0 0 LISA PENBERTHY VICE CHAIR 2.00 0.00 X X 0 0 0 DAVID MORSE TREASURER 2.00 0.00 X X 0 0 0 JASON TAVAREZ SECRETARY 2.00 0.00 X X 0 0 0 GEOFFREY FELLOWS DIRECTOR 2.00 0.00 X 0 0 0 SYLVIA NASH DIRECTOR 2.00 0.00 X 0 0 0 NATHANIEL SHINE DIRECTOR 2.00 0.00 X 0 0 0 2136652 0 121625 41 0 1 0 Q2 PO BOX 678272 DALLAX TX 75267 EBANKING AND CLOUD SERVICES 648272 FISERV PO BOX 80123 CITY OF INDUSTRY CA 91716 CORE SYSTEM SERVICES 371670 THE GENIE HARRISON LAW FIRM APC ATTORNE 523 W 6TH STREET SUITE 707 LOS ANGELES CA 90014 LEGAL 285000 CLEAN SWEEP JANITORIAL & MAINTENANCE 4300 GROOM RD BAKER LA 70704 JANITORIAL 265988 CHRISTIAN FM MEDIA GROUP LLC 9055 AMERICANA ROAD VERO BEACH FL 32966 MEDIA 251090 15 INTEREST FROM MEMBERS 522100 27536813 27536813 FEES & CHARGES 522100 3268295 3267165 1130 INTERCHANGE INCOME 522100 873156 873156 OTHER OPERATING INCOME 522100 788893 764093 24800 LOAN SERVICING INCOME 522100 248788 248788 32715945 4705350 4705350 1092265 758896 333369 333369 333369 1763292 0 4629 1763292 -4629 1758663 1758663 39513327 32690015 25930 6797382 119125 13218313 1193275 9636445 161737 867057 779585 201228 226572 2406 870746 1019900 178817 1026868 479320 286946 135614 1259511 551435 164805 CORE SYSTEM EXPENSE 1005539 VISA AND CHECK EXPENSES 895813 PROVISION FOR LOAN LOSS 467615 MISCELLANEOUS 380705 954178 36083555 486043 473512 65596779 42783477 1833169 3352127 2402859 2445652 466581719 534943551 1112166 1292833 23441932 10898130 13194940 12543802 56462584 62935350 13570585 12440155 22062429 15629945 643303273 688840404 3478185 3653530 1373066 1594223 27000000 38000000 563729699 594012069 595580950 637259822 X 0 0 0 0 47722323 51580582 47722323 51580582 643303273 688840404 3429772 428487 0 X 0 0 0 3890000 3890000 7952717 2316229 5636488 7928295 6035570 1892725 2107900 1757670 350230 1563020 788661 774359 12543802 MEMBER ACCOUNTS 594012069 594012069 1 POINT LOMA NAZARENE UNIVERSITY 3900 LOMALAND DR SAN DIEGO CA 91206 951644035 501(C)(3) 15000 0 N/A N/A GENERAL SUPPORT WESLEYAN HOLINESS CONSORTIUM 2100 E ROUTE 66 GLENDORA CA 91740 273780407 501(C)(3) 25000 0 N/A N/A GENERAL SUPPORT CHURCH OF GOD 930 MASON ST MEMPHIS TN 38126 MEMPHIS TN 38126 237002419 501(C)(3) 60000 0 N/A N/A GENERAL SUPPORT UNITED PENTECOSTAL INTERNATIONAL 36 RESEARCH PARK CT WELDON SPRING MO 63304 430679185 501(C)(3) 16000 0 N/A N/A GENERAL SUPPORT 4 0 PART I, LINE 2: THE BOARD OF DIRECTORS DIRECTS THE AMOUNT OF AVAILABLE FUNDS FOR CHARITABLE GRANTS. ORGANIZATIONS ARE EVALUATED FOR MISSION ALIGNMENT AND OVERLAP WITH KEY OUTREACH INITIATIVES. ACCU DOES NOT CONDITION GRANTS ON SPECIFIC ACTIVITIES SO THEREFORE, NO ADDITIONAL MONITORING AFTER GRANTING. X 1 1 X X X 0 1 0 VICKI VANNBERSTEIN PRESIDENT & CEO 554716 0 26945 0 0 0 44300 0 3799 0 629760 0 0 0 PATRICK LANGILLE SVP/COO 253156 0 32415 0 0 0 0 0 1793 0 287364 0 0 0 CINDY MORGAN CHIEF FINANCIAL OFFICER 242662 0 31654 0 0 0 0 0 1835 0 276151 0 0 0 EVAMARIE PISANI CHIEF MEMBER SERVICES OFFICER 192320 0 9462 0 0 0 21482 0 227 0 223491 0 0 0 SCOTT DEPRAT VP DIGITAL PRODUCTS 175274 0 23591 0 0 0 19708 0 494 0 219067 0 0 0 ANDREW CASANOVA CHIEF MEMBER ACQUISITION OFFICER 189891 0 9311 0 0 0 15139 0 3408 0 217749 0 0 0 MARTHA ARCHER COMPLIANCE OFFICER (LEFT 03/2024) 190191 0 5888 0 1176 0 7505 0 243 0 205003 0 0 0 JOEL SANTIAGO CHIEF CORPORATE BANKING OFFICER 198000 0 0 0 0 0 0 0 1692 0 199692 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS INCLUDES BOARD SPOUSES WHEN APPLICABLE. PART I, LINE 4B THE CREDIT UNION ADOPTED A 457(F) EXECUTIVE RETIREMENT PLAN WHICH PROVIDES BENEFITS TO DESIGNATED EXECUTIVES. VICKI VANNBERSTEIN, DID NOT RECEIVE A CONTRIBUTION NOR DISTRIBUTION TO THE PLAN DURING 2024. THE CREDIT UNION ENTERED INTO SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENTS WITH CERTAIN EXECUTIVE EMPLOYEES DURING, WHEREBY THE CREDIT UNION FUNDS THE PREMIUM PAYMENTS ON THE UNDERLYING INSURANCE POLICIES AND THE SENIOR EXECUTIVE OFFICER IN TURN COLLATERALLY ASSIGNS THE POLICY TO THE CREDIT UNION. PART I, LINE 5 THE CREDIT UNION HAS A SCORECARD TO TRACK ENTERPRISE GOALS AND METRICS. WE ACCRUE THROUGHOUT THE YEAR FOR THE PERCENTAGE OF ALL EMPLOYEE INCENTIVE BONUS PAYOUTS THAT GET PAID OUT EVERY JAN/FEB FOR THE PREVIOUS YEAR'S ACCOMPLISHMENTS OF MEETING THE GOALS. THE PAYOUT PERCENTAGE AMOUNT AND TOTAL ACCRUED IN 2024 AND PAID OUT IN 2025 FOR 2024 BONUS INCENTIVE WAS 3.32% OF ALL EMPLOYEE'S ANNUAL SALARY AMOUNT FOR THE YEAR. THE SCORECARD TRACKS MANY DIFFERENT METRICS TO CALCULATE THE PERCENTAGE PAYOUT TO EMPLOYEES BASED ON RESULTS AND PERFORMANCE. ALL EMPLOYEES GET PAID OUT THE SAME PERCENTAGE CALCULATED ON THE SCORECARD TIMES THEIR ANNUAL SALARY FOR THE YEAR. VICKI VANNBERSTEIN PRESIDENT & CEO SPLIT DOLLAR LOAN X 2500000 2445652 0 1 1 2445652 SCHEDULE L, PART II THE CREDIT UNION ENTERED INTO SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENTS WITH CERTAIN EXECUTIVE EMPLOYEES DURING 2023, WHEREBY THE CREDIT UNION FUNDS THE PREMIUM PAYMENTS ON THE UNDERLYING INSURANCE POLICIES AND THE SENIOR EXECUTIVE OFFICER IN TURN COLLATERALLY ASSIGNS THE POLICY TO THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY APPOINT AN EXECUTIVE COMMITTEE OF NO FEWER THAN THREE (3) DIRECTORS, AND DELEGATE TO SUCH COMMITTEE THE POWER TO APPROVE MEMBERSHIP APPLICATIONS. WITH THE WRITTEN APPROVAL OF THE COMMISSIONER, THE EXECUTIVE COMMITTEE MAY ACT FOR THE BOARD OF DIRECTORS IN THE PURCHASE AND SALE OF SECURITIES, INVESTMENT AND WITHDRAWAL OF FUNDS, IN BORROWING FUNDS AND IN MAKING LOANS TO OTHER CREDIT UNIONS IN ACCORDANCE WITH APPLICABLE LAW AND REGULATIONS. FORM 990, PART VI, SECTION A, LINE 4 DURING THE 2024 TAX YEAR, THE ORGANIZATION ADOPTED AMENDED BYLAWS REFLECTING SIGNIFICANT CHANGES TO GOVERNANCE AND OPERATIONS. KEY UPDATES INCLUDED EXPANDED MEMBER ELIGIBILITY, CLARIFIED ADMISSION AND WITHDRAWAL PROCEDURES (INCLUDING INACTIVE STATUS), AND FORMALIZED VOTING RIGHTS AND EXPULSION PROTOCOLS. THE BYLAWS NOW ALLOW ELECTRONIC MEETINGS AND REVISED QUORUM AND VOTING RULES. DIRECTOR AND OFFICER QUALIFICATIONS WERE UPDATED TO INCLUDE BONDABILITY AND BACKGROUND CHECKS, WITH NEW RESTRICTIONS ON FORMER EMPLOYEES. COMMITTEE FORMATION AUTHORITY WAS CLARIFIED, AND OFFICER ROLES WERE ADJUSTED TO PERMIT DELEGATION AND NON-DIRECTOR APPOINTMENTS. THE SUPERVISORY COMMITTEE'S POWERS WERE DEFINED, INCLUDING AUDIT AND VACANCY-FILLING AUTHORITY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. THE FIELD OF MEMBERSHIP SHALL BE LIMITED TO THOSE HAVING THE FOLLOWING COMMON BOND: CHURCHES, MINISTRIES AND SCHOOLS ALIGNED WITH WESLEYAN CHRISTIAN DOCTRINE; MINISTERS, EMPLOYEES, MEMBERS, OFFICERS, TEACHERS, STUDENTS AND OTHERS IN THESE CHURCHES, SCHOOLS AND ORGANIZATIONS; ORGANIZATIONS OF SUCH PERSONS; EMPLOYEES OF THIS CREDIT UNION; IMMEDIATE FAMILY MEMBERS LIVING IN A MEMBER OF THIS CREDIT UNION'S HOME; AND, OTHER CREDIT UNIONS ORGANIZED UNDER EITHER FEDERAL OR STATE LAWS APPERTAINING TO CREDIT UNIONS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS MUST BE APPROVED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C WHEN HIRED, ALL STAFF ARE REQUIRED TO READ AND SIGN A CODE OF CONDUCT POLICY WHICH OUTLINES IN DETAIL THE BEHAVIOR EXPECTATIONS OF THE STAFF, INCLUDING CONFLICT OF INTEREST. THIS CODE OF CONDUCT INCORPORATED THE CALIFORNIA CREDIT UNION LEAGUE'S CODE OF ETHICS. ALL NEW STAFF ARE ALSO REQUIRED TO DISCLOSE IN WRITING ANY RELATED PARTY ACCOUNTS AT THE CREDIT UNION SO THEY CAN BE CODED AND RESTRICTED FROM ACCESS. PERIODICALLY STAFF ARE ASKED TO UPDATE THIS LIST OF RELATED PARTY ACCOUNTS. STAFF ACCOUNTS AND ACCOUNTS OF RELATED PARTIES OF STAFF ARE CODED AS SUCH IN OUR CORE SYSTEM. VERAFIN SOFTWARE PERFORMS CONSTANT BSA AND FRAUD ANALYTICS TO DETECT TRANSACTIONS THAT WOULD INDICATE SUSPICIOUS ACTIVITY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE COMPEASE SYSTEM WHICH PROVIDES REGIONAL CREDIT UNION SALARY DATA TO BENCHMARK ALL STAFF WAGES. ANNUAL WAGE INCREASES ARE BASED ON EMPLOYEE PERFORMANCE SCORES AND WHERE THE EMPLOYEE FALLS WITHIN THE WAGE RANGE PROVIDED BY THE COMPEASE SYSTEM FOR COMPARABLE JOB GRADES. THE BOARD OF DIRECTORS DETERMINES AND APPROVES THE COMPENSATION OF THE CEO AND THE INCENTIVE PLAN FOR ALL STAFF. THE CEO MAKES COMPENSATION DECISIONS FOR OTHER OFFICERS AND KEY EMPLOYEES AND USES THE COMPEASE COMPENSATION SYSTEM AS A FRAMEWORK. COMPENSATION DECISIONS ARE DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE ORGANIZATION'S BRANCH. THE ANNUAL FINANCIAL STATEMENT IS INCLUDED IN THE PUBLISHED ANNUAL REPORT POSTED ON THE ORGANIZATION'S WEBSITE. FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST. ACCU FINANCIAL LLC 2100 E ROUTE 66 SUITE 102 GLENDORA CA 91740 831239109 HOLDING COMPANY CA 0 419037 AMERICA'S CHRISTIAN CREDIT UNION SHARETEK LLC 2100 E ROUTE 66 SUITE 102 GLENDORA CA 91740 831268218 CUSO ORGANIZATION CREATED TO FACILITATE HEALTH CARE SHARING CA 536919 411279 ACCU FINANCIAL LLC