2023-11-15T10:44:10-06:00 2022-12-31 382492570 DOEREN MAYHEW 305 WEST BIG BEAVER ROAD TROY MI 48084 990 2022-01-01 840500890 PREMIER MEMBERS CREDIT UNION PREM 3036577592 360 INTERLOCKEN BLVD BROOMFIELD CO 80021 CARLOS PACHECO PRESIDENT/CEO 3036577592 2023-11-14 1 CARLOS PACHECO 999009999 0 JACK C TRACY P01974742 2482443000 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CARLOS PACHECO 360 INTERLOCKEN BLVD BROOMFIELD CO 80021 64557874 0 X WWW.PMCU.ORG X 1950 CO TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THE CREDIT UNION BY AFFORDING THEM THE OPPORTUNITY TO ACCUMULATE PAYMENTS ON SHARES AND MAKE LOANS FROM THESE SHARES TO ITS MEMBERS. 16 16 439 15 41490 10684 0 0 50497546 57294704 3379113 5999272 3757969 1255274 57634628 64549250 0 0 0 0 24358975 27767366 0 0 0 25691137 30919332 50050112 58686698 7584516 5862552 1586159504 1729814818 1431889715 1596391718 154269789 133423100 TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THE CREDIT UNION BY AFFORDING THEM THE OPPORTUNITY TO ACCUMULATE PAYMENTS ON SHARES AND MAKE LOANS FROM THESE SHARES TO ITS MEMBERS. 0 0 PROVIDE A WIDE VARIETY OF FINANCIAL PRODUCTS AND SERVICES TO MEMBERS OF THE CREDIT UNION. OVER 79,000 MEMBERS SERVED. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 32168 0 1 439 1 1 1 0 0 0 0 0 0 0 X 16 16 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X MARK WIETE 3036577000 360 INTERLOCKEN BLVD BROOMFIELD CO 80021 MARK GISI CHAIRPERSON 2.00 X 40000 0 0 HARVEY A KAMIONKA TREASURER 2.00 X 30000 0 0 BRIAN GISI SECRETARY 2.00 X 30000 0 0 KEN BLACK CO-SECRETARY 2.00 X 30000 0 0 MICHAEL MEYERS VICE CHAIRPERSON 2.00 X 30000 0 0 PETER JANSKY CO-TREASURER 2.00 X 30000 0 0 JAMES CLEMMER DIRECTOR 2.00 X 30000 0 0 JAMES ELLIS DIRECTOR 2.00 X 30000 0 0 ELAINE HUTCHINGS DIRECTOR 2.00 X 30000 0 0 JOANNE TILLEY DIRECTOR 2.00 X 30000 0 0 WAYNE TURNACLIFF DIRECTOR 2.00 X 30000 0 0 LYNEL VALLIER DIRECTOR 2.00 X 30000 0 0 HARVEY E KAMIONKA DIRECTOR 2.00 X 12500 0 0 GARY HORTON DIRECTOR 2.00 X 2500 0 0 SHEUCH-FONG HSU DIRECTOR 2.00 X 2500 0 0 AMANDA MEADER DIRECTOR 2.00 X 2500 0 0 MARK WIETE EVP FINANCE & ADMINISTRATION 40.00 X 772564 0 42705 CARLOS PACHECO PRESIDENT/CEO 40.00 X 736363 0 37680 BRIAN RESCH EVP CONSUMER BANKING 40.00 X 285373 0 42151 DAVID LEMMON SVP CREDIT OFFICER 40.00 X 199393 0 29748 CHRISTOPHER VINALL SVP INFORMATION TECHNOLOGY 40.00 X 199939 0 17659 DANIELLE DECAMILLIS SVP CONSUMER MORTGAGES 40.00 X 186273 0 19697 KATIE SCHMIDT SVP STRATEGIC INITIATIVES 40.00 X 180051 0 21242 JASON L BAUER SVP MARKETING 40.00 X 181272 0 37583 CLAIRE LINDLEY VP FINANCE 40.00 X 168588 0 16630 STEPHANIE HUDDLESTON SVP CONSUMER LENDING 40.00 X 156342 0 10444 ANALISE FRITZ VP BUSINESS APPLICATIONS 40.00 X 158772 0 8086 ROBERT MCKAMIE VP TECHNOLOGY OPERATIONS 40.00 X 151591 0 27217 AMANDA KUTZLER SVP CONSUMER RETAIL 40.00 X 154495 0 9030 JEREMY MOYER MORTGAGE SALES MANAGER 40.00 X 303834 0 18368 MIRYAM CASTRO MORTGAGE LOAN OFFICER 40.00 X 164340 0 22209 STEVE SHRADER VP REAL ESTATE & SECURITY 40.00 X 141715 0 16523 JENNIFER MRAVICH VP MARKETING 40.00 X 135783 0 10932 SCHNEIDER STEPHANIE VP RETAIL DELIVERY 40.00 X 131782 0 16535 4798470 0 404439 36 0 1 0 THE NEENAN COMPANY LLLP 3325 S TIMBERLINE STE 100 FORT COLLINS CO 80525 CONSTRUCTION 2648451 EXPLORE COMMUNICATIONS 3213 ZUNI ST DENVER CO 80211 MARKETING 1535859 AD MILLER SERVICES INC 7006 S ALTON WAY BLDG E-100 CENTENNIAL CO 80112 CONSTRUCTION 1419100 ALKAMI TECHNOLOGY DEPT 2223 PO BOX 122223 DALLAS TX 75312 TECHNOLOGY 1072890 CDW DIRECT PO BOX 75723 CHICAGO IL 60675 TECHNOLOGY 747228 41 INTEREST ON LOANS FROM MEMBERS 522100 45851309 45851309 FEES, CHARGES, & OTHERS 522100 11401905 11401905 FINANCE & INSURANCE 520000 41490 41490 57294704 5999272 5999272 57165 8624 48541 48541 48541 CUOLI GAIN 522100 458396 458396 MISCELLANEOUS INCOME 522100 439002 439002 GAIN ON LOAN SALES 522100 232235 232235 77100 77100 1206733 64549250 58050092 41490 6457668 X 4240888 17741477 663988 3358038 1762975 73478 231598 467784 3020739 4581860 2992182 50448 217202 7628592 93298 3209145 154982 LOAN SERVICING 3414132 CO-OP EXPENSE 1082956 ONLINE BANKING 1074548 PROVISION FOR LOAN LOSS 1017337 1609051 58686698 6624074 8204743 94304953 48950876 11115078 11247384 1059130366 1270706934 1074545 1759717 56690581 15570782 36398635 41119799 317158708 274777336 10948741 14169051 3597638 2518347 45806766 56360631 1586159504 1729814818 16748776 26539081 72545547 178809500 1342595392 1391043137 1431889715 1596391718 X 0 0 0 0 154269789 133423100 154269789 133423100 1586159504 1729814818 X 5862552 -26755506 46265 X X 0 1 X 1 0 11191087 11191087 32799845 7295139 25504706 334770 93883 240887 12364879 8181760 4183119 41119799 MEMBER SHARE AND SAVINGS ACCOUNTS 1391043137 1391043137 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)(14)), FROM FEDERAL AND STATE INCOME TAXES. X 1 1 X X X X 0 1 0 MARK WIETE EVP FINANCE & ADMINISTRATION 738036 0 34528 0 0 0 12117 0 30588 0 815269 0 0 0 CARLOS PACHECO PRESIDENT/CEO 562945 0 173418 0 0 0 13650 0 24030 0 774043 0 0 0 BRIAN RESCH EVP CONSUMER BANKING 255757 0 29616 0 0 0 12905 0 29246 0 327524 0 0 0 JEREMY MOYER MORTGAGE SALES MANAGER 69314 0 234520 0 0 0 10664 0 7704 0 322202 0 0 0 DAVID LEMMON SVP CREDIT OFFICER 185215 0 14178 0 0 0 6841 0 22907 0 229141 0 0 0 JASON L BAUER SVP MARKETING 166642 0 14630 0 0 0 8337 0 29246 0 218855 0 0 0 CHRISTOPHER VINALL SVP INFORMATION TECHNOLOGY 197235 0 2704 0 0 0 0 0 17659 0 217598 0 0 0 DANIELLE DECAMILLIS SVP CONSUMER MORTGAGES 171858 0 14415 0 0 0 8825 0 10872 0 205970 0 0 0 KATIE SCHMIDT SVP STRATEGIC INITIATIVES 165376 0 14675 0 0 0 4471 0 16771 0 201293 0 0 0 MIRYAM CASTRO MORTGAGE LOAN OFFICER 28550 0 135790 0 0 0 4371 0 17838 0 186549 0 0 0 CLAIRE LINDLEY VP FINANCE 158810 0 9778 0 0 0 7989 0 8641 0 185218 0 0 0 ROBERT MCKAMIE VP TECHNOLOGY OPERATIONS 149806 0 1785 0 0 0 2683 0 24534 0 178808 0 0 0 ANALISE FRITZ VP BUSINESS APPLICATIONS 149207 0 9565 0 0 0 6928 0 1158 0 166858 0 0 0 STEPHANIE HUDDLESTON SVP CONSUMER LENDING 144206 0 12136 0 0 0 0 0 10444 0 166786 0 0 0 AMANDA KUTZLER SVP CONSUMER RETAIL 142850 0 11645 0 0 0 7103 0 1927 0 163525 0 0 0 STEVE SHRADER VP REAL ESTATE & SECURITY 133553 0 8162 0 0 0 6672 0 9851 0 158238 0 0 0 PART I, LINE 4B THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS TO THE PRESIDENT/CEO, CARLOS PACHECO, THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR." AT SPECIFIED TIMES, THE PARTICIPANT MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE UNDERLYING LIFE INSURANCE POLICY TO SUPPLEMENT RETIREMENT INCOME. THESE DRAWS ARE TAX FREE FOR THE PARTICIPANT. UPON THE PARTICIPANT'S DEATH THE CREDIT UNION RECOVERS ITS PREMIUMS PLUS INTEREST, PLUS KEY-PERSON INSURANCE PROCEEDS. CARLOS PACHECO PRESIDENT/CEO TO FUND COLATERAL ASSIGNED SPLIT DOLLAR LIFE INSURANCE X 8075517 8353308 0 1 1 RICK ALLEN FORMER CEO TO FUND COLATERAL ASSIGNED SPLIT DOLLAR LIFE INSURANCE X 2822800 2894076 0 1 1 11247384 FORM 990, PART VI, SECTION A, LINE 2 MARK GISI, MEMBER OF THE BOARD OF DIRECTORS, AND BRIAN GISI, MEMBER OF THE BOARD OF DIRECTORS, HAVE A FAMILY RELATIONSHIP. HARVEY A. KAMIONKA, MEMBER OF THE BOARD OF DIRECTORS, AND HARVEY E. KAMIONKA, MEMBER OF THE BOARD OF DIRECTORS, ALSO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 PARTICIPATION IN THIS CREDIT UNION IS LIMITED TO THOSE WHO QUALIFY FOR MEMBERSHIP AS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF THOSE WHO LIVE OR WORK IN BOULDER, BROOMFIELD, LARIMER, WELD, JEFFERSON, ADAMS, DENVER, DOUGLAS, ARAPAHOE, EL PASO, PUEBLO, AND ELBERT COUNTIES IN COLORADO; THOSE WHO LIVE OR WORK IN THE TOWN OF ESTES PARK, THE TOWN OF GLEN HAVEN, OR THE TOWN OF DRAKE IN COLORADO; THOSE WHO ARE A MEMBER OF AN APPROVED EMPLOYEE, STUDENT, AND VOLUNTEER GROUPS; THOSE WHO CONTRIBUTE TO SELECT CHARITABLE ORGANIZATIONS; AND THOSE WHO ARE MEMBERS OF AN APPROVED COMMON BOND INTEREST GROUP. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, INDIVIDUALS THAT ARE RELATED BY BLOOD, MARRIAGE, OR ADOPTION TO AN ELIGIBLE PERSON ARE ALSO ELIGIBLE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ANNUALLY ELECT THE BOARD OF DIRECTORS TO SERVE MULTIPLE-YEAR TERMS BY MAILING IN BALLOTS OR VOTING AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS DECISIONS MADE BY THE BOARD OF DIRECTORS FOR A CREDIT UNION ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE CREDIT UNION AS SET FORTH IN NCUA RULES AND REGULATIONS AND APPLICABLE STATE REGULATIONS. FORM 990, PART VI, SECTION A, LINE 8B THE CREDIT UNION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE CEO, CFO, VP OF ACCOUNTING, AND AVP OF COMPLIANCE FOR ACCURACY PRIOR TO FILING. ADDITIONALLY, FORM 990 WILL BE MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AT THE TIME OF HIRE AND AT LEAST ONCE EACH YEAR, ALL EMPLOYEES ARE ASKED TO COMPLETE A WRITTEN ACKNOWLEDGMENT TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. CREDIT UNION VOLUNTEERS ARE SIMILARILY REQUESTED TO DISCLOSE ANY SUCH CONFLICTS OF INTEREST UPON TAKING OFFICE. THE BOARD OF DIRECTORS REVIEWS THE CODE OF CONDUCT POLICY ANNUALLY. INTERNAL AUDIT AUDITS THESE ANNUALLY TO CONFIRM EVERYONE'S ACKNOWLEDGEMENT. FORM 990, PART VI, SECTION B, LINE 15 FOR THE CEO POSITION, THE BOARD CHAIRPERSON ANNUALLY CONDUCTS RESEARCH ON EXECUTIVE COMPENSATION, UTILIZING INDUSTRY DATA FROM ORGANIZATIONS SUCH AS CUES AND D. HILTON. THE BOARD APPROVES THE RECOMMENDED COMPENSATION STRUCTURE FOR THE CEO POSITION. FOR TOP MANAGEMENT COMPENSATION, THE CREDIT UNION UTILIZED BALANCEDCOMP AS AN INDEPENDENT COMPENSATION CONSULTANT, AND ALSO VALIDATES BALANCEDCOMP'S DATA AGAINST INDUSTRY SURVEYS SUCH AS CUES. THIS IS DOCUMENTED IN EACH EMPLOYEE'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE CREDIT UNION. MONTHLY FINANCIAL STATEMENTS ARE AVAILABLE AND ARE ON DISPLAY AT THE CREDIT UNION. QUARTERLY FINANCIAL DATA IS ACCESSIBLE TO THE PUBLIC AT WWW.NCUA.GOV. FORM 990, PART IX, LINE 24E HUMAN RESOURCES 493,116. VISA EXPENSE 419,672. MISCELLANEOUS 361,017. SHARED BRANCHING 230,039. DEBIT/CREDIT CARD EXPENSE 105,207. FORM 990, PART XI, LINE 9: UNREALIZED GAIN/LOSS ON FHLB CREDIT ENHANCEMENT 46,265. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FOOTHILLS FINANCIAL SERVICES INC 5505 ARAPAHOE AVENUE BOULDER CO 80303 840571011 INVESTMENT SERVICES CO PREMIER MEMBERS CREDIT UNION C 9155 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0