2025-05-05T16:36:54-05:00 2024-12-31 390758449 WIPFLI LLP 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2024-01-01 390974444 PCM CREDIT UNION PCMC 9204992831 601 WILLARD DRIVE GREEN BAY WI 54304 SHELLY MELLENBERGER PRESIDENT/CEO 9204992831 2025-05-05 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2025-04-30 2024 2025-03-06 01:10:19Z SHELLY MELLENBERGER 601 WILLARD DRIVE GREEN BAY WI 54304 30811249 0 X WWW.PCMCU.ORG X 1958 WI PCM CREDIT UNION IS A STRONG FINANCIAL COOPERATIVE THAT GOES ABOVE AND BEYOND PROVIDING MEMBER-OWNERS BENEFITS AND ADVANTAGES OVER OTHER FINANCIAL INSTITUTIONS. 8 8 62 8 65493 0 21242 21374 14999285 18251573 3888959 4983759 12089 14694 18921575 23271400 98656 37822 0 0 4261380 4394394 0 0 0 13560546 17247471 17920582 21679687 1000993 1591713 450113411 468092393 407445244 423327743 42668167 44764650 PCM CREDIT UNION IS A STRONG FINANCIAL COOPERATIVE THAT GOES ABOVE AND BEYOND PROVIDING MEMBER-OWNERS BENEFITS AND ADVANTAGES OVER OTHER FINANCIAL INSTITUTIONS. 0 0 WE FUNDED 2,580 LOANS DURING 2024. WE HAD 2,364 MORTGAGES/HOME EQUITY LINES, 5,175 CONSUMER LOANS. WE ALSO HAD 4,744 CREDIT CARDS ACCOUNTS WITH OUR MEMBERS AT 12/31. WE HAVE DEPOSIT, TRANSACTION AND INVESTMENT ACCOUNTS WITH 14,993 MEMBERS AT 12/31/24. DURING 2024, WE OPENED 6,900 NEW DEPOSIT, TRANSACTION AND INVESTMENT ACCOUNTS. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 8609 0 1 62 1 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X SHELLY MELLENBERGER 9204992831 PO BOX 28500 GREEN BAY WI 54324 DAVE MURRAY CHAIRPERSON 1.00 X X 1274 0 0 KAREN SYLVESTER VICE CHAIRPERSON 1.00 X X 0 0 0 PHILLIP GIESE TREASURER 1.00 X X 0 0 0 DEB BARLAMENT DIRECTOR 1.00 X 1696 0 0 JEFF BURICH DIRECTOR 1.00 X 0 0 0 ROBERT HATSZEGI DIRECTOR 1.00 X 0 0 0 MARLIS KLIMEK DIRECTOR 1.00 X 0 0 0 BETTY MASON DIRECTOR 1.00 X 0 0 0 JIM ZITTLOW DIRECTOR (THRU 03/24) 1.00 X 0 0 0 SHELLY MELLENBERGER PRESIDENT 40.00 X 285213 0 29176 SAMANTHA ISTED VICE PRESIDENT OF FINANCE 40.00 X 144462 0 23610 JOSEPH WOLLIN VICE PRESIDENT LENDING 40.00 X 138619 0 37516 CHRISTINA CONNELL VICE PRESIDENT OF HUMAN RESOURCES 40.00 X 113103 0 17381 LESLEY ENZ SENIOR DIRECTOR OF MARKETING 40.00 X 109804 0 11924 GEORGE ROSENDAUL IT DIRECTOR 40.00 X 104645 0 15330 898816 0 134937 6 0 1 0 FISERV 600 N VEL R PHILLIPS AVE MILWAUKEE WI 53203 CORE DATA PROCESSING; DEBIT AND CREDIT C 1376054 1 21374 21374 INTEREST ON LOANS 522100 15287214 15287214 INTERCHANGE INCOME 522100 1652357 1652357 INSURANCE/WARRANTY SALES 522100 838701 773208 65493 FEE INCOME 522100 473301 473301 18251573 5057806 5057806 4800 0 4800 4800 4800 7400204 39897 7472819 41329 -72615 -1432 -74047 -74047 25940 21374 25701 239 239 9655 0 9655 9655 23271400 18186080 65493 4998453 37822 485431 2915762 183000 546676 263525 32272 148298 113876 234967 535564 297863 12572 102970 3012998 248990 67836 DIVIDENDS ON MEMBER SHA 9562974 LOAN SERVICING EXPENSE 1103966 DEBIT CARD EXPENSE 670363 PROVISION FOR LOAN LOSS 623162 478800 21679687 2769556 3425925 9564217 4743917 1016707 1058938 319980701 331361560 280442 268654 9141934 3147584 5912341 5994350 83504573 90265541 11873904 12585143 15210970 18388365 450113411 468092393 5970846 4098785 173323 161242 54698127 47953436 346602948 371114280 407445244 423327743 X 0 0 5000000 5000000 37668167 39764650 42668167 44764650 450113411 468092393 1591713 504770 0 X 0 0 0 0 1 X 866658 866658 6382252 1744696 4637556 1893024 1402888 490136 5994350 MEMBER SHARES AND DEPOSITS 371114280 371114280 PART IV, LINE 2B: THE CREDIT UNION MAINTAINS ESCROW ACCOUNTS FOR TAXES AND INSURANCE AS PART OF THEIR LOAN PROGRAM. GOLF OUTING 47314 21374 25940 6561 19140 47314 21374 25940 6561 19140 25701 239 9655 0 9655 9655 0 0 0 0 0 0 1 CHILDREN'S HOSPITAL AND HEALTH SYSTEM INC PO BOX 1997 MILWAUKEE WI 53201 391500074 501(C)(3) 0 31269 PROGRAM SUPPORT 1 0 PART I, LINE 2: ALL GRANTS ARE APPROVED VIA A COMMITTEE CONSISTING OF MEMBERS OF THE LEADERSHIP TEAM. X 1 1 X X X X 0 0 0 SHELLY MELLENBERGER PRESIDENT 266441 0 18772 0 0 0 19349 0 9827 0 314389 0 0 0 JOSEPH WOLLIN VICE PRESIDENT LENDING 128427 0 10192 0 0 0 10851 0 26665 0 176135 0 0 0 SAMANTHA ISTED VICE PRESIDENT OF FINANCE 134842 0 9620 0 0 0 1553 0 22057 0 168072 0 0 0 PART I, LINE 1A ALL BOARD MEMBERS ARE ELIGIBLE TO USE THE TRAVEL FOR COMPANIONS PROGRAM. IN YEARS OF USE, THE ORGANIZATION WILL ISSUE A 1099-NEC AND THE COMPENSATION IS CONSIDERED TAXABLE COMPENSATION. DURING 2024, THE FOLLOWING BOARD MEMBERS RECEIVED THE TRAVEL FOR COMPANIONS BENEFIT: - DAVE MURRAY $1,274 - DEB BARLAMENT $1,696 JOSEPH WOLLIN FAMILY MEMBER OF DANNY WOLLIN (FORMER PRESIDENT/CEO) 176135 EMPLOYMENT COMPENSATION 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION CONSISTS OF MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE/SAVINGS ACCOUNT. EACH MEMBER HAS ONE VOTE TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS). FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP UTILIZING THEIR ONE VOTE PER MEMBER. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISIONS BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED IN THE ORGANIZATION'S BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF MEMBERSHIP, UNLESS MANDATED BY REGULATORY AGENCY (I.E., NCUA, WISCONSIN OFFICE OF CREDIT UNIONS). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY EXECUTIVE MANAGEMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE OFFICERS, DIRECTORS AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANY FAMILY OR PERSONAL INTEREST INDIVIDUALS. THESE ACCOUNTS ARE BLOCKED FROM EMPLOYEE ACCESS. FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION UTILIZES A THIRD-PARTY COMPENSATION VENDOR, BALANCEDCOMP, TO DETERMINE MARKET RATES AND SALARY RANGES FOR EACH POSITION. THIS INFORMATION IS PROVIDED TO THE BOARD OF DIRECTORS WHO DISCUSS AND THEN DETERMINE THE CEO'S ANNUAL SALARY VIA A VOTE. THE CEO AND HR REVIEW THE INFORMATION FOR ALL OTHER KEY EMPLOYEES AND OFFICERS. THE CEO MAKES THE FINAL DECISION ON KEY EMPLOYEE AND OFFICER SALARIES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE TO ALL MEMBERS AT OUR ANNUAL MEETING IN THE ANNUAL REPORT BOOKLET, AND YEAR END FINANCIALS ARE POSTED IN THE LOBBY AT BOTH BRANCHES. ALL OTHERS WOULD BE CONSIDERED UPON REQUEST.