VANTAGE WEST CREDIT UNION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: VANTAGE WEST CREDIT UNION (EIN 86-0120482)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-07-25
IRS object ID: 201232079349300748
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-07-25T17:39:34-00:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ORTH CHAKLER MURNANE AND CO CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	12060 SW 129 COURT SUITE 201	AddressLine1
City	MIAMI	City
State	FL	State
ZIP Code	33186	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	860120482	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	VANTAGE WEST CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	VANT	NameControl
Phone	5202987882	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 15115	AddressLine1
City	TUCSON	City
State	AZ	State
ZIP Code	857080115	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SCOTT ODOM	Name
Title	VP FINANCE	Title
Phone	5209176270	Phone
Date Signed	2012-06-26	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone
Date Prepared	2012-06-26	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Robert D Ramirez	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2480 North Arcadia Avenue	AddressLine1
City	Tucson	City
State	AZ	State
ZIP Code	85712	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	72627674	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2111	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	WWW.VWESTCU.ORG	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1955	YearFormation
State Legal Domicile	AZ	StateLegalDomicile
Activity Or Mission Description	PEOPLE HELPING PEOPLE ACHIEVE THEIR FINANCIAL GOALS...OUR 1 PRIORITY. VANTAGE WEST IS A FULL-SERVICE FINANCIAL INSTITUTION. WE OFFER A WIDE ARRAY OF PERSONAL AND BUSINESS ACCOUNTS RANGING FROM SAVINGS AND CHECKING ACCOUNTS TO LOANS, MORTGAGES, MERCHANT SERVICES, CONSUMER CREDIT CARDS AND MUCH MORE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	463	TotalNbrEmployees
Total Nbr Volunteers	15	TotalNbrVolunteers
Total Gross UBI	1264046	TotalGrossUBI
Net Unrelated Business Txbl Income	-318007	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	71825460	ProgramServiceRevenuePriorYear
Program Service Revenue CY	70354175	ProgramServiceRevenueCY
Investment Income Prior Year	2807556	InvestmentIncomePriorYear
Investment Income Current Year	2273499	InvestmentIncomeCurrentYear
Other Revenue Prior Year	2234554	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	76867570	TotalRevenuePriorYear
Total Revenue Current Year	72627674	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	20961749	SalariesEtcPriorYear
Salaries Etc Current Year	23467854	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	41677903	OtherExpensePriorYear
Other Expenses Current Year	35849075	OtherExpensesCurrentYear
Total Expenses Prior Year	62639652	TotalExpensesPriorYear
Total Expenses Current Year	59316929	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	14227918	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	13310745	RevenuesLessExpensesCY
Total Assets BOY	1073929571	TotalAssetsBOY
Total Assets EOY	1115685909	TotalAssetsEOY
Total Liabilities BOY	954811620	TotalLiabilitiesBOY
Total Liabilities EOY	982859346	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	119117951	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	132826563	NetAssetsOrFundBalancesEOY
Mission Description	PEOPLE HELPING PEOPLE ACHIEVE THEIR FINANCIAL GOALS...OUR 1 PRIORITY. VANTAGE WEST IS A FULL-SERVICE FINANCIAL INSTITUTION. WE OFFER A WIDE ARRAY OF PERSONAL AND BUSINESS ACCOUNTS RANGING FROM SAVINGS AND CHECKING ACCOUNTS TO LOANS, MORTGAGES, MERCHANT SERVICES, CONSUMER CREDIT CARDS, AND MUCH MORE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	25020	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	463	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	AZ	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	SCOTT ODOM CONTROLLER	NamePerson
Telephone Number	5209176270	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2480 N ARCADIA AVE	AddressLine1
City	TUCSON	City
State	AZ	State
ZIP Code	85712	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (18 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
DR WHITTAKER
CHAIRMAN/BOD	003.00	X	1475	0	0
WL GUM
V.CHAIRMAN/BOD	003.00	X	1545	0	0
CH MATTHEWSON
TREASURER/BOD	003.00	X	1048	0	0
G GONZALEZ
SECRETARY/BOD	003.00	X	1950	0	0
EL SORRELL
DIRECTOR/BOD	003.00	X	0	0	0
TL VALDEZ
DIRECTOR/BOD	003.00	X	0	0	0
G SMITH
DIRECTOR/BOD	003.00	X	1599	0	0
T MARIN
DIRECTOR/BOD	003.00	X	1949	0	0
RD RAMIREZ
PRESIDENT/CEO	040.00		434277	0	508589	X
SB ODOM
VP OF FINANCE	040.00		127188	0	42062	X
CJ POWELL
VP OF ALM	040.00		117001	0	34686	X
R ALMAZAN
SVP CHIEF LENDING OFFICER	040.00		183247	0	73982		X
S MOTT
SVP TECHNOLOGY	040.00		182211	0	68417		X
G BRAM
SVP MARKETING	040.00		169615	0	72663		X
J SMALARZ
VP, LOAN SERVICINGLOSS MITIGATION	040.00		132133	0	38020		X
S LUEDERS
VP HUMAN RESOURCES	040.00		130616	0	41653		X
T BRANHAM
DIRECTOR/BOD	003.00	X	0	0	0
L MARQUEZ-PETERSON
DIRECTOR/BOD	003.00	X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1485854	TotalReportableCompFromOrg
Total Other Compensation	880072	TotalOtherCompensation
Number Individuals GT100 K	12	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
GILES CONSTRUCTION INC
921 S PRUDENCE RD	TUCSON	AZ	85710	BUILDING CONSTRUCTION/REMODELING	949649
THE BABLOVE AGENCY INC
220 E SPEEDWAY BLVD	TUCSON	AZ	85705	AD AGENCY	1575878
JACK HENRY & ASSOCIATES INC
PO BOX 503328	ST LOUIS	MO	63150	CORE SYSTEM LICENSE/MAINTENANCE	580193
CDW DIRECT LLC
PO BOX 75723	CHICAGO	IL	60675	TECHNOLOGY EQUIPMENT	1188217
DIEBOLD INCORPORATED
PO BOX 643543	PITTSBURGH	PA	15264	ATM MAINTENANCE	500523

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	30	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
UNRELATED BUSINESS INCOME	523000	910347	910347
UNRELATED BUSINESS INCOME	524298	353699	353699
FEES AND CHARGES	522100	12548655		12548655
OTHER NON-INTEREST INCOME	522100	240239		240239
INTEREST ON MEMBER LOANS	522100	56301235		56301235

Field	Value	IRS element (for citing)
Total Program Service Revenue	70354175	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2273499	TotalRevenueColumn
Related Or Exempt Function Income	2273499	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	72627674	TotalRevenueColumn
Related Or Exempt Function Income	71363628	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	1264046	UnrelatedBusinessRevenue

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	2365926	Total
Program Services	2365926	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	16758925	Total
Program Services	16758925	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	837943	Total
Program Services	837943	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2052355	Total
Program Services	2052355	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1452705	Total
Program Services	1452705	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	176703	Total
Program Services	176703	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	115422	Total
Program Services	115422	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	223200	Total
Program Services	223200	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	2551912	Total
Program Services	2551912	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	3487524	Total
Program Services	3487524	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1233761	Total
Program Services	1233761	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1667459	Total
Program Services	1667459	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	83546	Total
Program Services	83546	ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	491871	Total
Program Services	491871	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	5398609	Total
Program Services	5398609	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2691714	Total
Program Services	2691714	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	276034	Total
Program Services	276034	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	See attached schedule	Description
Total	17451320	Total
Program Services	17451320	ProgramServices

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	59316929	Total
Program Services	59316929	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	9162310	BOY
EOY	15756923	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	55120322	BOY
EOY	71470063	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	4370314	BOY
EOY	4022215	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	824026211	BOY
EOY	851341992	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1383326	BOY
EOY	1397566	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	50198110	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	22196131	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	27206056	BOY
EOY	28001979	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	112924321	BOY
EOY	99637679	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	7539754	BOY
EOY	7539420	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	3437765	BOY
EOY	3195570	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	28759192	BOY
EOY	33322502	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1073929571	BOY
EOY	1115685909	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	8588403	BOY
EOY	14704100	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	946223217	BOY
EOY	968155246	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	954811620	BOY
EOY	982859346	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	119117951	BOY
EOY	132826563	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	119117951	BOY
EOY	132826563	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1073929571	BOY
EOY	1115685909	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	13310745	ReconcilationRevenueExpenses
Reconcilation Other Changes	397867	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	9342415	OtherCostOrOtherBasis
Book Value	9058459	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	19858758	OtherCostOrOtherBasis
Depreciation	5525310	Depreciation
Book Value	14333448	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	627575	OtherCostOrOtherBasis
Depreciation	320097	Depreciation
Book Value	307478	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	19975334	OtherCostOrOtherBasis
Depreciation	16066768	Depreciation
Book Value	3908566	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	394028	OtherCostOrOtherBasis
Book Value	394028	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	28001979	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (7 entries)

DescriptionDescription	AmountAmount
SHARE DRAFT ACCOUNTS	$146,634,540
REGULAR SHARE ACCOUNTS	$101,272,975
PREMIUM SHARE ACCOUNTS	$448,997,811
ESCROW ACCOUNTS	$839,924
IRA SHARE ACCOUNTS	$130,954,167
SHARE AND IRA CERTIFICATES	$139,405,124
PREMIUM ON CERTIFICATES ACQUIRED THROUGH ACQUISITION	$50,705

Field	Value	IRS element (for citing)
Total Of Amounts	968155246	TotalOfAmounts
Total Revenue	72627674	TotalRevenue
Total Expenses	59316929	TotalExpenses
Excess Or Deficit For Year	13310745	ExcessOrDeficitForYear
Net Unrealized GL On Investments	397867	NetUnrealizedGLOnInvestments
Total Adjustments	397867	TotalAdjustments
Excess Or Deficit Per FS	13708612	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	72627674	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	72627674	RevenueSubtotal
Total Revenue Per Form990	72627674	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	59316929	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	59316929	ExpensesSubtotal
Total Expenses Per Form990	59316929	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
X	2	FASB ASC 740-10-25 CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE MORE LIKELY THAN NOT STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. AS A RESULT OF ADOPTING ASC 740-10-25, THE CREDIT UNION HAS ASSESSED ITS ACTIVITIES AND
X	2 continued...	ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNIUON HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2010, 2009, AND 2008 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS.
X	2 continued...	THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
RD RAMIREZ
404277	30000	499969	8620	942866
SB ODOM
121857	5331	33731	8331	169250
CJ POWELL
112529	4472	31288	3398	151687
R ALMAZAN
174383	8864	67352	6630	257229
S MOTT
173437	8774	59869	8548	250628
G BRAM
161177	8438	64113	8550	242278
J SMALARZ
127129	5004	29539	8481	170153
S LUEDERS
125361	5255	33324	8329	172269

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	FIRST CORPORATE CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Relationship	R. RAMIREZ IS ON BOD	Relationship
Amount Of Transaction	496029	AmountOfTransaction
Description Of Transaction	PAYMENT AND LIQUIDITY SERVICES	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	6	THE CREDIT UNION HAS MEMBERS.
Form 990 Part VI	7A	THE MEMBERS OF THE CREDIT UNION ELECT EACH MEMBER OF THE BOARD OF DIRECTORS.
Form 990 Part VI	11A	THE VP OF FINANCE IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN. THE RETURN IS REVIEWED BY THE CREDIT UNIONS PRESIDENT/CEO. ONCE THIS REVIEW IS COMPLETED AND ANY NECESSARY CORRECTIONS ARE MADE, THE RETURN IS FILED.
Form 990 Part VI	15	THE REVIEW OF THE CEOS COMPENSATION IS A FUNCTION OF THE BOARD OF DIRECTORS. ANNUALLY, THE BOARD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY TO DETERMINE THE CEOS COMPENSATION. FOR ALL OTHER POSITIONS IN THE ORGANIZATION, PAY RANGES ARE REVIEWED AND APPROVED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS UTILIZING DATA FROM AN INDEPENDENT COMPENSATION STUDY.
Form 990 Part VI	19	THE CREDIT UNIONS GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON NCUA.GOV VIA THE QUARTERLY 5300 FILING.
Form 990 Part VI	12C	THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS ENFORCED IN TWO WAYS - 1 UPON HIRING, EMPLOYEES ARE REQUIRED TO READ AND CERTIFY THEIR ACCEPTANCE OF THE POLICY, AND 2 A REPORTING TOOL PROVIDED BY A THIRD PARTY IS AVAILABLE FOR EMPLOYEES TO ANONYMOUSLY REPORT ANY ETHICAL VIOLATIONS OF WHICH THEY ARE AWARE.
Form 990 Part XI	5	UNREALIZED GAIN ON INVESTMENTS CLASSIFIED AS AVAILABLE-FOR-SALE.
		Form 990 Part VI Section A Line 6 THE CREDIT UNION HAS MEMBERS. Form 990 Part VI Section A Line 7A THE MEMBERS OF THE CREDIT UNION ELECT EACH MEMBER OF THE BOARD OF DIRECTORS. Form 990 Part VI Section B Line 11A THE VP OF FINANCE IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN. THE RETURN IS REVIEWED BY THE CREDIT UNIONS PRESIDENT/CEO. ONCE THIS REVIEW IS COMPLETED AND ANY NECESSARY CORRECTIONS ARE MADE, THE RETURN IS FILED. Form 990 Part VI Section B Line 15 THE REVIEW OF THE CEOS COMPENSATION IS A FUNCTION OF THE BOARD OF DIRECTORS. ANNUALLY, THE BOARD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY TO DETERMINE THE CEOS COMPENSATION. FOR ALL OTHER POSITIONS IN THE ORGANIZATION, PAY RANGES ARE REVIEWED AND APPROVED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS UTILIZING DATA FROM AN INDEPENDENT COMPENSATION STUDY. Form 990 Part VI Section C Line 19 THE CREDIT UNIONS GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON NCUA.GOV VIA THE QUARTERLY 5300 FILING. Form 990 Part VI Section B Line 12C THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS ENFORCED IN TWO WAYS - 1 UPON HIRING, EMPLOYEES ARE REQUIRED TO READ AND CERTIFY THEIR ACCEPTANCE OF THE POLICY, AND 2 A REPORTING TOOL PROVIDED BY A THIRD PARTY IS AVAILABLE FOR EMPLOYEES TO ANONYMOUSLY REPORT ANY ETHICAL VIOLATIONS OF WHICH THEY ARE AWARE. Form 990 Part XI Line 5 UNREALIZED GAIN ON INVESTMENTS CLASSIFIED AS AVAILABLE-FOR-SALE.