2014-11-17T17:08:54-06:00 2013-12-31 741650885 PADGETT STRATEMANN & CO LLP 100 NE LOOP 410 SUITE 1100 SAN ANTONIO TX 78216 990 2013-01-01 740879805 FIRSTMARK CREDIT UNION FIRS 2103428484 PO BOX 701650 SAN ANTONIO TX 78270 LEON EWING CEO 2103428484 2014-11-17 1 JOSIE BEHREND P00715390 2108286281 2013 2015-11-30 17:44:51Z LEON EWING PO BOX 701650 SAN ANTONIO TX 78270 54641860 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 8 392 13 212500 -98474 0 0 45497668 51250736 -158363 1751 0 0 45339305 51252487 83730 63019 0 0 15019922 16346748 0 0 0 24002839 25086255 39106491 41496022 6232814 9756465 760265271 817030760 33580480 45496137 726684791 771534623 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 1 0 1 0 0 0 0 0 1 0 0 1 16683 0 1 392 1 1 1 0 0 0 0 0 X 8 8 0 0 1 0 1 1 0 1 1 0 1 1 0 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 0 0 0 RODOLFO PENA VICE-CHAIRMAN 1.00 X 0 0 0 JAMES MUIR SECRETARY/TREASURER 1.00 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 330967 0 14190 JESUS MARTINEZ EVP/COO 50.00 X 190935 0 83724 ANDREW APPLE SVP/CFO 50.00 X 171006 0 17983 GREGG THORNE SVP/CHIEF LENDING OFFICER 50.00 X 133726 0 21627 DAWN SLOANS SVP/CHRO 50.00 X 121901 0 34850 FRED HAGERMAN SVP CHIEF MARKETING OFFICER 50.00 X 127517 0 14956 DONALD JONES SVP CHIEF INFORMATION OFFI 50.00 X 148803 0 32600 1224855 0 219930 7 0 1 0 METROPOLITAN CONTRACTING COMPANY LTD 990 ISOM RD SAN ANTONIO TX 78216 CONSTRUCTION 1038073 JACK HENRY & ASSOCIATES PO BOX 609 MONETT MO 65708 SOFTWARE 856020 SMITH PROTECTION SECURITY PO BOX 802649 DALLAS TX 753802649 SECURITY GUARD 662160 LEONARD CONTRACTING INC 16010 UNIVERSITY OAK STE 100 SAN ANTONIO TX 782494013 HOME BUILDER 498086 DIEBOLD INC PO BOX 643543 PITTSBURGH PA 152643543 ATM SECURITY 447812 27 PERSONAL LOANS 522100 15558107 15558107 OTHER OPERATING INCOME 522100 14867037 14654537 212500 CREDIT CARD LOANS 522100 5854069 5854069 REAL ESTATE LOANS 522100 5695742 5695742 OTHER COMPHREHENSIVE INCOME 522100 4771677 4771677 4504104 4504104 51250736 2216453 1174671 2203309 1186064 13144 -11393 1751 1751 51252487 51038236 212500 1751 X 58019 5000 1444785 11959486 1231276 748005 963196 113755 4346487 1304638 3688072 2630802 426964 5322181 1690793 249409 LOAN SERVICING 2155208 PROVISION FOR LOAN LOSS 1940298 NCUA STABILIZATION EXPE 538613 ASSOCIATION DUES & SUBS 480751 198284 41496022 9449650 10923248 1749834 2163050 505831377 570404194 1127567 1499935 49597589 23273075 21335618 26324514 198312892 182187696 22458333 23528123 760265271 817030760 8324515 6943181 20037000 34545555 5218965 4007401 33580480 45496137 X 0 0 0 0 726684791 771534623 726684791 771534623 760265271 817030760 X 9756465 35093367 X X 0 1 X 1 0 6792639 6792639 21471153 6763459 14707694 2116829 1351814 765015 19216968 15157802 4059166 26324514 AVAILABLE FOR SALE - SEC'S 173624188 F CASH ACCOUNTS/CD'S 8554789 C GOV'T SECURITIES 1419 C MISCELLANEOUS 7300 C 182187696 DIVIDENDS PAYABLE 350638 OTHER LIABILITIES 3656763 4007401 1 SAN ANTONIO AREA FOUNDATION 110 BROADWAY SUITE 230 SAN ANTONIO TX 78205 746065414 501(C)(3) 10000 N/A N/A SCHOLARSHIPS SAN ANTONIO CORP CUP 100 MONTANA STREET SAN ANTONIO TX 78203 742471362 501(C)(3) 5000 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 TEXAS CREDIT UNION FOUNDATION 4455 LBJ FREEWAY SUITE 1100 FARMERS BRANCH TX 75244 756039968 501(C)(3) 5000 N/A N/A OKLAHOMA TORNADO RELIEF 3 1 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 330967 0 0 0 0 0 0 0 14190 0 345157 0 0 0 JESUS MARTINEZ EVP/COO 190935 0 0 0 0 0 79573 0 4151 0 274659 0 0 0 ANDREW APPLE SVP/CFO 171006 0 0 0 0 0 14052 0 3931 0 188989 0 0 0 GREGG THORNE SVP/CHIEF LENDING OFFICER 133726 0 0 0 0 0 17667 0 3960 0 155353 0 0 0 DAWN SLOANS SVP/CHRO 121901 0 0 0 0 0 30917 0 3933 0 156751 0 0 0 DONALD JONES SVP CHIEF INFORMATION OFFI 148803 0 0 0 0 0 32132 0 468 0 181403 0 0 0 LEON EWING FMCU - CEO TBLG BOARD MEMBER N/A 0 FORM 990, PART VI, SECTION A, LINE 4 DURING 2013, THE BOARD OF DIRECTORS APPROVED TWO (2) AMENDMENTS TO CREDIT UNION BYLAW SECTION 3.01 - FIELD OF MEMBERSHIP: 1) AN AMENDMENT TO ADD THE SOUTHSIDE CREDIT UNION FIELD OF MEMBERSHIP AS A RESULT OF THE OCTOBER 31, 2013 MERGER; AND 2) AN AMENDMENT TO REMOVE REDUNDANT LANGUAGE AND PROVIDE ADDITIONAL CLARITY FOR BUSINESSES LOCATED WITHIN THE CREDIT UNION'S DESIGNATED GEOGRAPHIC AREA. 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 IX, LINE 11G DEBIT CARD EXPENSE 1,383,132. DATA PROCESSING 971,172. SHARE DRAFT EXPENSE 1,004,439. OTHER FEES 987,744. FORM 990, PART XI, LINE 9: INCREASE IN MEMBERS DEPOSITS 34,806,762. EQUITY ACQUISITION OF SOUTHSIDE CREDIT UNION 286,605. 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, 2013 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, 2013 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 ONINE 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 30955 201061 1.00000 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0