2013-11-15T14:04:35-06:00 2012-12-31 420714325 MCGLADREY LLP 801 NICOLLET MALL SUITE 1100 MINNEAPOLIS MN 55402 990 2012-01-01 951981100 CHRISTIAN COMMUNITY CREDIT UNION CHRI 8003472228 255 N LONE HILL AVENUE SAN DIMAS CA 91773 JOHN T WALLING 8003472228 2013-11-14 1 GERALD B KISSELL P00092658 6123324300 2012 2016-02-25 16:41:14Z JOHN T WALLING 255 N LONE HILL AVENUE SAN DIMAS CA 91773 32343425 0 X WWW.MYCCCU.COM X 1957 CA THE CREDIT UNION IS OPERATED FOR THE PURPOSE OF PROMOTING THRIFT, PROVIDING CREDIT AT REASONABLE RATES, AND PROVIDING OTHER FINANCIAL SERVICES TO ITS MEMBERS. 7 7 136 11 5603 -79988 0 0 32332609 31607944 -896589 705277 0 30204 31436020 32343425 11000 235194 5633153 5023458 9718498 10740844 0 0 0 12342899 10094359 27705550 26093855 3730470 6249570 521849240 569587878 468921100 510410168 52928140 59177710 X THE MISSION OF CHRISTIAN COMMUNITY CREDIT UNION IS TO PARTNER WITH MEMBERS AND MINISTRIES TO HELP THEM BECOME BETTER STEWARDS AND ACHIEVE THEIR FINANCIAL GOALS. 0 0 CREDIT UNION BANKING SERVICE PROGRAMS:THE CREDIT UNION OFFERS A FULL RANGE OF BANKING SERVICES TO THE MEMBERS, BOTH RETAIL AND MINISTRY. AS OF 12/31/12 OUR MEMBERS HAD $471,679,992, ON DEPOSIT IN INSURED ACCOUNTS IN THE CREDIT UNION. THE CREDIT UNION HAS $54,448,621, IN SAVINGS ACCOUNTS, $113,938,921, IN CHECKING ACCOUNTS, $108,173,533, IN MONEY MARKET, AND $189,023,831, IN CERTIFICATES OF DEPOSIT. THE AVERAGE RATE OF RETURN ON THESE ACCOUNTS AT YEAR END WAS .999%. IRA CERTIFICATE ACCOUNTS EARNED 2.516%. NON-IRA CERTIFICATES EARNED 1.893% AT YEAR END. DEPOSITS IN THE CREDIT UNION INCREASED $39,214,077 OR 8.47% IN 2012. THE CREDIT UNION BEGAN THE YEAR WITH 27,180 INDIVIDUAL MEMBERS AND ENDED THE YEAR WITH 27,204 FOR AN INCREASE OF 24 INDIVIDUAL MEMBERS OR .09%. THE CREDIT UNION HAS 2,244 MINISTRY ACCOUNTS. CREDIT UNION RETAIL REAL ESTATE LENDING:THE CREDIT UNION EXISTS TO PROVIDE LOANS TO ITS MEMBERS AT RATES AND TERMS NOT AVAILABLE TO OUR FIELD OF MEMBERSHIP THROUGH BANKS OR OTHER FINANCIAL INSTITUTIONS. THE LARGEST PORTION OF OUR RETAIL LENDING IS MADE UP OF FIRST TRUST DEED LOANS. THE CREDIT UNION HAD $112,937,828 IN OUTSTANDING RETAIL FIRST TRUST DEED LOANS AS OF 12/31/12. THEY REPRESENT 23.82% OF OUR LOAN PORTFOLIO AND 19.83% OF OUR TOTAL ASSETS. THE AVERAGE RATE ON THESE LOANS WAS 3.657%. THE PORTFOLIO INCREASED $5,594,185 OR 5.21% DURING 2012. THE CREDIT UNION EARNED A NET INTEREST MARGIN OF 2.47% ON THE RETAIL FIRST TRUST DEED PORTFOLIO IN 2012. THE DELINQUENCY RATIO FOR THE PORTFOLIO AT YEAR END WAS 1.6%. CREDIT UNION MINISTRY REAL ESTATE LENDING:THE CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDES MANY CHURCHES AND MINISTRIES. THE CREDIT UNION PROVIDES LOANS TO THESE MEMBERS TO BUY, BUILD, OR RENOVATE REAL PROPERTY AT RATES AND TERMS NOT AVAILABLE TO THEM THROUGH BANKS OR OTHER FINANCIAL INSTITUTIONS. THE LARGEST PORTION OF OUR MINISTRY LOAN PORTFOLIO IS MADE UP OF FIRST TRUST DEED LOANS. THE CREDIT UNION HAD $328,190,000 IN OUTSTANDING FIRST TRUST DEED LOANS TO CHURCHES AND MINISTRIES AS OF 12/31/12. THEY REPRESENT 69.22% OF OUR LOAN PORTFOLIO AND 57.62% OF OUR TOTAL ASSETS. THE AVERAGE RATE ON THESE LOANS WAS 6.027%. THE PORTFOLIO INCREASED $6,756,761 DURING 2012 OR 2.1%. THE NET INTEREST MARGIN ON THE PORTFOLIO WAS 4.84%. THE DELINQUENT LOAN RATIO FOR THE PORTFOLIO AT YEAR END WAS 1.07%. CREDIT UNION CONSUMER LENDING:THE CREDIT UNION HAS $5,989,239 IN CAR LOANS, $26,989,777 IN RETAIL CREDIT CARD ACCOUNTS, AND $1,635,600 IN STUDENT LOANS. 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13864 0 1 136 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 X STAN WAHL 8003472228 255 N LONE HILL AVENUE SAN DIMAS CA 91773 JOHN T WALLING 40.00 X X 595488 0 330669 ROBERT NEILL 1.00 X X 0 0 0 JOHN PEARSON 1.00 X X 0 0 0 MICHAEL PATE 1.00 X X 4514 0 0 DENNIS ENDERT 1.00 X X 5213 0 0 EDUARDO FONT 1.00 X 6103 0 0 CATHY BARRETT 1.00 X 5438 0 0 GARY BISHOP 1.00 X 5838 0 0 MARK BARGAEHER 1.00 X 5838 0 0 JAMES CARRINGTON 1.00 X 0 0 0 DALE OVERHOLT 1.00 X 0 0 0 DALE TORRY 1.00 X 0 0 0 STANLEY WAHL 40.00 X 264472 0 103086 DAVID ESTRIDGE 40.00 X 383737 0 244430 MARJORIE HUGHES 40.00 X 291410 0 80079 JAMES SCOTT REITSMA 40.00 X 261326 0 105022 DAVID SOUTH 40.00 X 230930 0 158866 JOHN SILVIS 40.00 X 118954 0 59031 KENNETH MURPHY 40.00 X 110009 0 70142 DONNA ESSE 40.00 X 113371 0 74501 TIM LAWRENCE 40.00 X 115848 0 49985 2518489 0 1275811 10 0 1 0 PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSING 2055096 INTUIT FINANCIAL SERVICES PO BOX 515306 LOS ANGELES CA 900516606 PC BANKING FEES 360200 FINANCIAL SERVICE CENTERS COOPERATIVE I 2855 E GUASTI ROAD SUITE 202 ONTARIO CA 917611249 SHARE BRANCH TRANSACTIONS 158442 CU COOPERATIVE SYSTEMS INC 9692 HAVEN AVENUE RANCHO CUCAMONGA CA 91730 ATM & VISA CHECK CARD TRANSACTIONS 142453 DIAMOND MARKETING SOLUTIONS GROUP 3372 MOMENTUM PLACE CHICAGO IL 606895333 PRODUCE MEMBER STMTS 142370 6 INTEREST ON LOANS 522100 26176219 26176219 FEE INCOME 522100 2435226 2429623 5603 INTERCHANGE INCOME 522100 2334495 2334495 OTHER OPERATING INCOME 522100 662004 662004 31607944 144445 144445 30204 0 30204 30204 30204 67035 493797 0 0 67035 493797 560832 560832 32343425 31602341 5603 735481 193694 41500 5023458 2560443 6403979 565922 621717 588783 18851 120000 422905 1377182 1648552 844463 658209 180304 73505 691111 97061 LOAN SERVICING EXPENSES 1365950 PROVISION FOR LOAN LOSS 1150000 ACQUIRED ASSETS EXPENSE 670831 SHARE DRAFT EXPENSES 591748 183687 26093855 355515 530364 196171 172909 443290351 465251410 374196 376383 16067606 7855579 8401412 8212027 54292460 75426967 0 6000000 14939135 13617818 521849240 569587878 5751950 8019709 16866 24099 463152284 502366360 468921100 510410168 X 0 0 0 0 52928140 59177710 52928140 59177710 521849240 569587878 6249570 0 X 0 1 X 0 0 17000 17000 17000 1 CALIFORNIA CREDIT UNION LEAGUE PAC PO BOX 54476 ONTARIO CA 917610076 942329967 17000 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: THE CREDIT UNION CONTRIBUTES TO THE CALIFORNIA CREDIT UNION LEAGUE PAC TO SUPPORT ISSUES OF CONCERN TO CREDIT UNIONS. 1700454 1700454 9054424 3756918 5297506 3642982 2607381 1035601 1669746 1491280 178466 8212027 MEMBER SHARE DEPOSITS 502366360 502366360 1 AMERICAN BAPTIST CHURCHESUSA INTERNATIONAL MINISTRIES PO BOX 851 VALLEY FORGE PA 19482 135563018 501(C)(3) 123495 SOUTH AMERICAN MISSIONARIES SUPPORT/TRIBAL DEVELOPMENT PROJECT; MISSIONARY SUPPORT THROUGH CREDIT CARD PARTNERSHIP PROGRAM; HURRICANE SANDY RELIEF; AND MISSION SUPPORT-YOUTH GROUP GROWING HEALTHY CHURCHES 2420 CAMINO RAMON STE 140 SAN RAMON CA 94583 941156607 501(C)(3) 25000 CHURCH PLANTING PROJECT MISSION AVIATION FELLOWSHIP PO BOX 47 NAMPA ID 83653 951920983 501(C)(3) 45199 MISSIONARY SUPPORT THROUGH CREDIT CARD PARTNERSHIP PROGRAM 3 SCHOLARSHIPS 42 41500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE CREDIT UNION INFORMS MEMBERS EACH YEAR OF THE AVAILABILITY OF SCHOLARSHIPS. AS MANY AS 100 APPLICATIONS ARE RECEIVED. A SCHOLARSHIP COMMITTEE REVIEWS, DEBATES, AND RATES THE WORTHINESS OF EACH REQUEST. DEPENDING ON HOW WELL THE CREDIT UNION DID THE PREVIOUS YEAR, SCHOLARSHIPS ARE ISSUED. X X 1 0 X X X X 0 1 0 JOHN T WALLING 489890 0 98600 0 6998 0 311115 0 19554 0 926157 0 0 0 STANLEY WAHL 207054 0 40900 0 16518 0 102143 0 943 0 367558 0 0 0 DAVID ESTRIDGE 311506 0 62600 0 9631 0 233772 0 10658 0 628167 0 0 0 MARJORIE HUGHES 213636 0 44400 0 33374 0 71123 0 8956 0 371489 0 0 0 JAMES SCOTT REITSMA 207855 0 41500 0 11971 0 90467 0 14555 0 366348 0 0 0 DAVID SOUTH 185356 0 37100 0 8474 0 153713 0 5153 0 389796 0 0 0 JOHN SILVIS 108125 0 6599 0 4230 0 48216 0 10815 0 177985 0 0 0 KENNETH MURPHY 99698 0 6183 0 4128 0 57473 0 12669 0 180151 0 0 0 DONNA ESSE 103384 0 6130 0 3857 0 69846 0 4655 0 187872 0 0 0 TIM LAWRENCE 87869 0 5590 0 22389 0 36921 0 13064 0 165833 0 0 0 PART I, LINE 1A ONCE A YEAR THE BOARD TRAINS TOGETHER ON A TRIP. THERE IS A SMALL DISCRETIONARY ACCOUNT, (USUALLY $500) TO COVER EXPENSES (TIPS, CABS, ETC.) INCURRED DURING THE TRAINING TRIP. PART I, LINE 4B THE CREDIT UNION HAS A NON-QUALIFIED DEFERRED COMPENSATION PLAN IN PLACE FOR CERTAIN EXECUTIVES AS DESCRIBED IN SECTION 457(F). AMOUNTS ACCRUED UNDER SUCH PLAN ARE PROPERLY REFLECTED IN PART VII, COLUMN F AND IN SCHEDULE J, PART II, COLUMN C. ADDITIONAL TERMS AND CONDITIONS OF SUCH PLAN ARE AVAILABLE TO THE IRS UPON REQUEST. 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 BY THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, AND THE AVP OF PAYROLL. A COPY OF FORM 990 IS ALSO PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF AND OFFICIALS MUST COMPLETE AND SIGN THE CONFLICT OF INTEREST POLICY ALONG WITH A QUESTIONAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD UTILIZES A PROFESSIONAL CREDIT UNION PERSONNEL AGENCY AND A CREDIT UNION INDUSTRY SALARY SURVEY. A BOARD COMMITTEE REVIEWS THE COMPLILED RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 A MONTHLY FINANCIAL STATEMENT IS PUBLISHED ON THE CREDIT UNION'S WEBSITE AND PROVIDED IN PRINT IN THE LOBBY OF EACH BRANCH. IT IS ALSO PROVIDED UPON REQUEST IN ANY FORMAT. THE GOVERNING DOCUMENTS ARE PUBLIC RECORD AND AVAILABLE FOR REVIEW OF THE MEMBERS. THE CONFLICT OF INTEREST POLICY IS NOT PUBLISHED.