2014-11-07T12:23:00-06:00 2013-12-31 420714325 MCGLADREY LLP 801 NICOLLET MALL SUITE 1100 MINNEAPOLIS MN 55402 990 2013-01-01 941019805 FIRST US COMMUNITY CREDIT UNION FIRS 9165765600 580 UNIVERSITY AVENUE SACRAMENTO CA 95825 JEFF CRUMP VICE PRESIDENT/CFO 9165765600 2014-11-04 1 GERALD B KISSELL P00092658 6123324300 2013 2015-11-30 17:44:51Z CAROL HAUCK 580 UNIVERSITY AVENUE SACRAMENTO CA 95825 11064433 0 X WWW.FIRSTUS.ORG X 1936 CA OUR MISSION IS TO PROVIDE VALUE, SERVICE, AND FINANCIAL SOLUTIONS TO OUR MEMBERS. 7 7 68 10 132839 -11261 0 0 9448078 8891292 662649 1508334 0 30883 10110727 10430509 0 0 975294 642966 3686575 3807042 0 0 0 3063662 3371410 7725531 7821418 2385196 2609091 251261369 253331011 228072018 227805597 23189351 25525414 FIRST US IS A MEMBER-OWNED FINANCIAL INSTITUTION. OUR MISSION IS TO PROVIDE VALUE, SERVICE, AND FINANCIAL SOLUTIONS TO OUR MEMBERS. 0 0 FOR OVER 78 YEARS, FIRST U.S. COMMUNITY CREDIT UNION ("FIRST US") HAS PROVIDED LENDING AND DEPOSIT PRODUCTS AND SERVICES TO ITS MEMBERS. FIRST US SERVES ANYONE WHO LIVES, WORKS, OR WORSHIPS (INCLUDING STATEWIDE CURRENT AND RETIRED FEDERAL EMPLOYEES AND THEIR FAMILIES) IN 12 COUNTIES IN THE GREATER SACRAMENTO, CA REGION. A WIDE RANGE OF LOAN PRODUCTS AND SERVICES ARE OFFERED INCLUDING RESIDENTIAL AND COMMERCIAL REAL ESTATE, COMMERCIAL BUSINESS (I.E. SMALL BUSINESS ADMINISTRATION), VEHICLE, AND OTHER CONSUMER LOANS. TOTAL ASSETS AT DECEMBER 2013 WERE APPROX. $253 MILLION. IN ADDITION TO LENDING PRODUCTS, FIRST US ALSO OFFERS A WIDE RANGE OF DEPOSIT PRODUCTS AND SERVICES INCLUDING SHARE, CHECKING, CERTIFICATES OF DEPOSIT, AND RETIREMENT ACCOUNTS. FIRST US MEMBERS HAVE ACCOUNT SERVICES ACCESS VIA SIX FULL SERVICE RETAIL BRANCHES AS WELL AS NATIONWIDE ACCESS THROUGH SHARED BRANCHING AND VIA > 25,000 ATM'S IN THE CO-OP NETWORK. 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5270 0 1 68 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X JEFF CRUMP 9165765600 580 UNIVERSITY AVENUE SACRAMENTO CA 95825 BRIAN DOYLE CHAIR 1.00 X X 0 0 0 JOHN ANDERSON VICE CHAIR 1.00 X X 0 0 0 RICHARD BENDER SECRETARY 1.00 X X 0 0 0 PHIL KEITH DIRECTOR 1.00 X 0 0 0 NANCY LEE DIRECTOR 1.00 X 0 0 0 DICK COCHRAN DIRECTOR 1.00 X 0 0 0 JAMES GOMES DIRECTOR 1.00 X 0 0 0 CAROL HAUCK PRESIDENT/CEO 40.00 X 187590 0 28521 JEFFREY CRUMP VP/CHIEF FINANCIAL OFFICER 40.00 X 123750 0 16068 JANCE DALTON VP/INFORMATION TECHNOLOGY 40.00 X 110252 0 26278 421592 0 70867 3 0 1 0 MEMBER DRIVEN TECHNOLOGIES 7415 CHICAGO ROAD WARREN MI 48092 IT SERVICES 432832 NCR CORPORATION 14181 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 EQUIP PROVIDER 206393 2 LOAN INCOME 522100 6848610 6848610 FEE INCOME 522100 1048876 1020668 28208 MISCELLANEOUS INCOME 522100 993806 889175 104631 8891292 838187 838187 7637 1541 6096 6096 6096 1302251 279 630453 1930 671798 -1651 670147 670147 MISC NON-OPERATING REVENUE 522100 24787 24787 24787 10430509 8783240 132839 1514430 642966 492459 2535852 254717 281576 242438 17652 57950 296893 1054244 173382 197335 102239 294399 73564 LOAN SERVICING 506477 PROF/OUTSIDE SERVICES 253188 NCUA SHARE INSURANCE 177564 PROVISION FOR LOAN LOSS 166523 7821418 1181383 1487139 4259361 4675900 146363480 144217270 349543 504738 7269062 3640710 2836499 3628352 88232541 88522156 8038562 10295456 251261369 253331011 1376995 1115786 226695023 226689811 228072018 227805597 X 0 0 0 0 23189351 25525414 23189351 25525414 251261369 253331011 2609091 -273028 0 X 0 1 X 1 0 880452 880452 2336124 390935 1945189 1329894 998954 330940 2722592 2250821 471771 3628352 JUMBO CD INVESTMENTS 11025000 F FEDERAL AGENCY SECURITIES 60503234 F AGENCY MORTGAGE SECURITIES 16993922 F 88522156 MEMBER SHARES 226689811 226689811 X 1 1 X X X 0 0 0 CAROL HAUCK PRESIDENT/CEO 185685 0 1260 0 645 0 16824 0 11697 0 216111 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS - PER THE CREDIT UNION'S WRITTEN EXPENSE POLICY, SPOUSAL TRAVEL FOR MEMBERS OF THE BOARD AND SUPERVISORY COMMITTEE ON CREDIT UNION BUSINESS IS COVERED BY THE CREDIT UNION FOR "REASONABLE" AND "PROPER" EXPENSES. WE FILE A 1099 ON AMOUNTS OVER $600. HOWEVER, IT IS TYPICALLY AN IMMATERIAL EXPENSE AND NO 1099'S WERE FILED IN 2013. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED IN DETAIL BY THE CEO AND CFO, FOCUSING ON BACK-UP SUPPORTING DETAIL AS NEEDED PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C KEY EMPLOYEE ACTIVITIES ARE MONITORED BY OUR EXTERNAL/REGULATORY AUDIT(S) AND INTERNAL REVIEW PROCESSES ON A REGULAR BASIS THROUGH REPORTS, SYSTEMS, AUDITS, ETC. IN ADDITION, EACH MANAGER MONITORS THE ACTIVITY OF THEIR STAFF MEMBERS TO ENSURE BEST PRACTICES AND ELIMINATE THE ABILITY FOR BEHAVIOR THAT CONFLICTS WITH THE CREDIT UNION'S CODE OF CONDUCT. FORM 990, PART VI, SECTION B, LINE 15 FIRST US COMMUNITY CREDIT UNION PARTICIPATES IN SEVERAL INDUSTRY-RELATED COMPENSATION SURVEYS EVERY YEAR. DATA FROM THESE SURVEYS IS THEN REVIEWED AND ANALYZED, BASED ON FACTORS SUCH AS REGION, AREA, ASSET SIZE, NUMBER OF EMPLOYEES, NUMBER OF MEMBERS, ETC. TO ATTEMPT TO MATCH "COMPARABLE" PAY DATA, AND RANGES ARE DETERMINED FOR EACH POSITION. WITH MIDPOINT REPRESENTING MARKET SALARY FOR AN EXPERIENCED INCUMBENT, WE DETERMINE PLACEMENT WITH THE RANGE BASED ON A NUMBER OF FACTORS TO INCLUDE EDUCATION, YEARS OF EXPERIENCE, LEVEL OF PAST EXPERIENCE, SALARIES OF EMPLOYEES WITH COMPARABLE EXPERIENCE AND RESPONSIBILITY OF POSITION. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE PROVIDED AT THE ANNUAL MEETING OF MEMBERS. THEY ARE ALSO AVAILABLE ON THE INTERNET FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).