2011-11-29T18:10:08-06:00 2010-12-31 CLIFTON GUNDERSON LLP 3003 N CENTRAL AVE STE 500 PHOENIX AZ 85012 990 2010-01-01 020240752 SERVICE CREDIT UNION SERV 6034228300 2010 LAFAYETTE ROAD PORTSMOUTH NH 03801 GORDON A SIMMONS 6034228300 2011-11-29 1 K FINCHER 6022662248 2010 2016-02-24 21:20:13Z GORDON A SIMMONS 2010 LAFAYETTE ROAD PORTSMOUTH NH 03801 122351759 0 X WWW.SERVICECU.ORG X 1957 NH CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 6 6 715 11 2416454 0 0 0 107391231 122351759 0 0 0 0 107391231 122351759 0 0 0 0 31201769 31840299 0 0 0 55878653 64718729 87080422 96559028 20310809 25792731 1519430024 1747812577 1327785581 1532686822 191644443 215125755 CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 0 0 OUR THREE LARGEST PROGRAMS BY EXPENSES ARE CDS, SHARE ACCOUNTS, AND MONEY MARKETS. THERE ARE NO REVENUE SOURCES ASSOCIATED WITH THESE EXPENSES. FOR 2010 EXPENSES WERE $10,913,597.04, $2,045,957.67 AND $1,740,545.86 RESPECTIVELY. 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 45855 0 1 715 1 1 1 1 GM 0 0 0 0 0 0 X 6 6 1 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X SCOTT WENSLEY 6034228380 2010 LAFAYETTE ROAD PORTSMOUTH NH 03801 GORDON SIMMONS 64.00 X X 929600 0 1344690 DAVID HANCHETT 8.00 X 982 0 0 BARBARA ROBERGE 8.00 X 8741 0 0 DAVID VAN ROSSUM 8.00 X 4910 0 0 CLIFFORD TAYLOR 8.00 X 10493 0 0 JOANNE WHITING 8.00 X 3565 0 0 PATRICK HARRIGAN 45.00 X X 145188 0 23521 WILLIAM NEWMAN 54.00 X 397257 0 291247 SCOTT WENSLEY 45.00 X 273322 0 164243 WILLIAM ARNOLD 45.00 X 195018 0 27839 RICHARD TOLLE 45.00 X 504617 0 111360 FRED CURLEY 45.00 X 249867 0 126018 FAWN TERWILLIGER 45.00 X 235829 0 61682 PAUL MEADE 45.00 X 228118 0 52822 DAN CLARKE 45.00 X 198559 0 35542 KAREN BENEDETTI 45.00 X 203011 0 55699 PHILLIP VON STREICHER 45.00 X 163825 0 191919 WILLIAM STRAND 45.00 X 153562 0 53503 MICHAEL BERGERON 45.00 X 152788 0 91157 THOMAS JOYCE 45.00 X 127075 0 34206 JOHN SIPP 45.00 X 122823 0 51976 MICHEAL PORTER 45.00 X 121309 0 45281 ANA FORET 45.00 X 113665 0 33476 4544124 0 2796181 19 0 1 0 DIGITAL INSIGHT CORPORATION PO BOX 515306 28035 MUREAU RD LOS ANGELES CA 900516608 HOME BANKING AND INTERNET BILL PAYMENT W 2039079 GUND PARTNERSHIP 47 THORNDIKE STREET CAMBRIDGE MA 02414 ARCHITECTURAL AND DESIGN SERVICES 647079 FISERV SOLUTIONS INC 75 REMITTANCE DRIVE SUITE 6945 CHICAGO IL 606756945 SUPPORT AND MAINTENANCE FOR CORE DATA PR 517179 RESOURCE LLC 647 US ROUTE 1 UNIT 14-279 YORK ME 03909 MARKETING 449298 HARLAND CLARKE PO BOX 935077 ATLANTA GA 311935077 DIRECT MAILING SERVICES 416417 30 PROGRAM SERVICE REVENU 522100 119935305 119935305 UNRELATED BUSINESS INC 900099 2416454 2416454 122351759 122351759 119935305 2416454 0 7340300 15543450 2350940 4935678 1669931 40455 3222793 424005 2108084 335546 43992 22219685 2820396 301164 OPERATIONS 33202609 96559028 15053923 14685677 150891282 210798407 20580437 25565866 1055389408 1208034213 1661310 1932798 54672598 20534742 34256455 34137856 205362965 211243089 289796 124197 35944448 41290474 1519430024 1747812577 32673220 35439986 170268341 161036688 1124844020 1336210148 1327785581 1532686822 X 0 0 0 0 191644443 215125755 191644443 215125755 1519430024 1747812577 X 25792731 -2311419 X X 0 1 1 X 0 10524081 10524081 20925145 5410441 15514704 5566184 3259626 2306558 17657188 11864675 5792513 34137856 SECURITIES AND OTHER INVESTMENTS 211243089 F 211243089 IRA CERTIFICATES 57042737 OTHER CERTIFICATES 552327876 SHARE ACCOUNTS 726839535 1336210148 X X X 1 1 X X X X X X 0 1 0 GORDON SIMMONS 573665 0 332700 0 23235 0 1332884 0 11806 0 2274290 0 0 0 PATRICK HARRIGAN 111691 0 32500 0 997 0 9381 0 14140 0 168709 0 0 0 WILLIAM NEWMAN 284591 0 109223 0 3443 0 279287 0 11960 0 688504 0 0 0 SCOTT WENSLEY 192418 0 78762 0 2142 0 152437 0 11806 0 437565 0 0 0 WILLIAM ARNOLD 147306 0 46962 0 750 0 11679 0 16160 0 222857 0 0 0 RICHARD TOLLE 355899 0 139902 0 8816 0 105539 0 5821 0 615977 0 0 0 FRED CURLEY 193511 0 53584 0 2772 0 109858 0 16160 0 375885 0 0 0 FAWN TERWILLIGER 154516 0 79900 0 1413 0 49722 0 11960 0 297511 0 0 0 PAUL MEADE 159411 0 67896 0 811 0 47340 0 5482 0 280940 0 0 0 DAN CLARKE 140471 0 55713 0 2375 0 34542 0 1000 0 234101 0 0 0 KAREN BENEDETTI 121138 0 81279 0 594 0 39539 0 16160 0 258710 0 0 0 PHILLIP VON STREICHER 129047 0 30915 0 3863 0 179959 0 11960 0 355744 0 0 0 WILLIAM STRAND 131784 0 20327 0 1451 0 41878 0 11625 0 207065 0 0 0 MICHAEL BERGERON 113463 0 38767 0 558 0 74997 0 16160 0 243945 0 0 0 THOMAS JOYCE 93243 0 29501 0 4331 0 33206 0 1000 0 161281 0 0 0 JOHN SIPP 101067 0 21279 0 477 0 35816 0 16160 0 174799 0 0 0 MICHEAL PORTER 76379 0 31718 0 13212 0 39460 0 5821 0 166590 0 0 0 PART I, LINE 4B GORDON SIMMONS $1,160,450 SCOTT WENSLEY $59,113 WILLIAM NEWMAN $204,414 RICHARD TOLLE $85,939 PHILLIP VON STREICHER $76,087 FORM 990, PART VI, SECTION A, LINE 2 PATRICK HARRIGAN WAS AN OFFICER OF THE CREDIT UNION UNTIL JANUARY 31,2010. MR. HARRIGAN PROVIDED LEGAL SERVICES TO THE CREDIT UNION. HE RECEIVED PAYMENT FOR ANY LEGAL SERVICES PROVIDED. MR. HARRIGAN WAS HIRED ON FEBRUARY 8, 2010 AS THE VICE PRESIDENT OF REGULATORY COMPLIANCE AND GENERAL COUNSEL. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A A MEETING OPEN TO ALL MEMBERS IS HELD EACH SPRING WHERE ALL MEMBERS HAVE THE OPPORTUNITY TO VOTE ON CANDIDATES FOR THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE ASSISTANT VICE PRESIDENT FINANCE, CFO, AND CEO PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C VOLUNTEERS MUST DISCLOSE TO THE BOARD OF DIRECTORS ANNUALLY ANY INVOLVEMENT WITH ORGANIZATIONS WHICH DO BUSINESS WITH THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE GATHERS DATA FROM OUTSIDE SOURCES AND REVIEWS SURVEY AND OTHER DATA. FORM 990, PART VI, SECTION C, LINE 19 SERVICE CREDIT UNION'S FINANCIALS ARE PROVIDED MONTHLY FOR ALL MEMBERS BY BEING POSTED IN EACH BRANCH LOCATION. OUR ANNUAL REPORT IS DISTRIBUTED TO ALL ATTENDEES AT THE ANNUAL MEETING, PROVIDED IN EACH BRANCH LOCATION, AND IS ALSO POSTED ON OUR WEBSITE. MEMBERS HAVE THE RIGHT TO REQUEST AND RECEIVE PERTINENT DOCUMENTATION AS DEMANDED. SERVICE CREDIT UNION IS A MEMBER-OWNED COOPERATIVE AND AS SUCH PERTINENT BUSINESS DOCUMENTATION IS ALWAYS PROVIDED AS REQUESTED BY MEMBERS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: OTHER COMPREHENSIVE INCOME -99,553. UNREALIZED GAIN/LOSS ON AVAILIBLE FOR SALE SECURITIES -2,211,866. TOTAL TO FORM 990, PART XI, LINE 5: -2,311,419. FORM 990, PART XII, LINE 2C: THE SUPERVISORY COMMITTEE OVERSEES THE AUDITED FINANCIAL STATEMENTS.