2022-05-10T14:03:08-05:00 2021-12-31 382492570 DOEREN MAYHEW 12060 S W 129TH COURT STE 201 MIAMI FL 331864582 990 2021-01-01 940335800 1ST UNITED CREDIT UNION 1STU 9255984837 PO BOX 11746 PLEASANTON CA 94588 STEPHEN M STONE PRESIDENT/CEO 9255984702 2022-05-10 1 STEPHEN STONE 999009999 DOUGLAS J ORTH P01076394 3052328272 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z STEPHEN M STONE PO BOX 11746 PLEASANTON CA 94588 40373728 0 1526 X WWW.1STUNITEDCU.ORG X 1932 CA TO PROVIDE A LIFETIME OF SIMPLER, FASTER, FRIENDLIER FINANCIAL SERVICES FOR OUR MEMBERS. 9 9 191 14 213550 0 0 0 37218316 33049351 2775103 3020792 3410813 4303585 43404232 40373728 16192 20602 0 0 16822036 16870195 0 0 0 25375529 19550319 42213757 36441116 1190475 3932612 1262958555 1288886913 1145398714 1173554454 117559841 115332459 AT 1ST UNITED CREDIT UNION, WE ARE KNOWN IN THE COMMUNITY FOR OUR FINANCIAL EDUCATION PROGRAM. THE CREDIT UNION OFFERS FINANCIAL EDUCATION SEMINARS IN OUR BRANCHES, ON-SITE PROGRAMS AT LOCAL SCHOOLS AND SELF-STUDY MATERIALS ON OUR WEBSITE AT 1STUNITEDCU.ORG. 0 0 1ST UNITED CREDIT UNION OFFERS A COMPREHENSIVE PORTFOLIO OF SAVINGS AND LOAN PRODUCTS FOR MEMBERS. 1ST UNITED'S PRODUCTS ARE AN EXCELLENT VALUE, COMPETITIVELY PRICED AND EASY TO PURCHASE. ALL OF OUR PRODUCTS ARE AVAILABLE TO MEMBERS THROUGH OUR EXTENSIVE BRANCH NETWORK, VIA OUR MEMBER SERVICES CALL CENTER OR ONLINE AT 1STUNITEDCU.ORG. 1ST UNITED CREDIT UNION OFFERS FINANCIAL PLANNING AND INVESTMENT SERVICES FOR OUR MEMBERS. THESE SERVICES ARE AVAILABLE TO ALL MEMBERS OF THE CREDIT UNION AND ARE DELIVERED THROUGH CUSO FINANCIAL SERVICES, A REGISTERED BROKER-DEALER. AT 1ST UNITED CREDIT UNION, WE ARE KNOWN IN THE COMMUNITY FOR OUR FINANCIAL EDUCATION PROGRAM. THE CREDIT UNION OFFERS FINANCIAL EDUCATION SEMINARS IN OUR BRANCHES, ON-SITE PROGRAMS AT LOCAL SCHOOLS AND SELF-STUDY MATERIALS ON OUR WEBSITE AT 1STUNITEDCU.ORG. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 13789 0 1 191 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X 1ST UNITED CREDIT UNION 9255984702 PO BOX 11746 PLEASANTON CA 94588 HOWARD T GARRIGAN CHAIRPERSON 2.00 X 5094 0 0 STEVE MANNING BOD MEMBER 1.00 X 9309 0 0 TERESITA LAUIGAN BOD MEMBER 1.00 X 6384 0 0 DAVE MACDONALD BOD MEMBER 1.00 X 5541 0 0 VELETA SAVANNAH BOD MEMBER 1.00 X 5537 0 0 CYRIL BONANNO BOD MEMBER 1.00 X 8821 0 0 PATRICK O'CONNELL BOD MEMBER 1.00 X 8175 0 0 SUSAN MURANISHI BOD MEMBER 1.00 X 4900 0 0 JOAN RICHARDSON-JOHNSON BOD MEMBER 1.00 X 9413 0 0 STEPHEN M STONE CEO 50.00 X 505061 0 28724 TOSHA EAGLES-WILLIAMS CHIEF LENDING & MARKETING OFFICER 45.00 X 234593 0 16419 JOANNA UHL CIO 45.00 X 252677 0 37284 LYNELL FRALEY CHRO 45.00 X 192991 0 27684 SCOTT BOLSTER CFO 45.00 X 86369 0 9603 DERRICK FORTIER CRO 45.00 X 200271 0 34853 GANGA RADHAKRISHNAN CFO 45.00 X 113838 0 7922 SARAH CECCHIN SVP MARKETING & COMMUNICATIONS 45.00 X 168447 0 32650 LYNN DIGNON DIRECTOR OF PROJECT MANAGE 40.00 X 168447 0 19121 JAMES SANTIAGO VP IT 40.00 X 143467 0 18401 CHRISTOPHER FOX VP ENTERPRISE APPLICATIONS & DEVELOPMENT 40.00 X 153349 0 30947 JEANNIE SUGAOKA VP COMPLIANCE & RISK MANAGEMENT 40.00 X 138521 0 17095 DARCIE PERRY VP CONTROLLER 40.00 X 137088 0 21101 2558293 0 301804 27 0 1 0 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 CORE PROCESSOR 1136062 TPX COMMUNICATIONS PO BOX 509013 SAN DIEGO CA 92150 MANAGED IT SERVICES 310487 FISERV INC PO BOX 208457 DALLAS TX 75320 CORE PROCESSOR 290475 BUSINESS DATA INC PO BOX 6081 INGLEWOOD CA 90312 STATEMENT PREP 280619 Q2 SOFTWARE INC PO BOX 205970 DALLAS TX 75320 ONLINE BANKING PROVIDER 232085 26 INCOME ON LOANS 522100 29544162 29544162 FEES, CHARGES, OTHER 522100 3291639 3291639 FINANCE & INSURANCE 520000 213550 213550 33049351 3020792 3020792 OTHER OPERATING INCOME 522100 4303585 4303585 4303585 40373728 40160178 213550 0 X 20602 2235061 10891495 870785 1828450 1044404 144382 162319 183652 42500 347895 786299 274496 3381010 1507209 29973 103551 6101243 106735 1148732 298981 VISA DEBIT/CREDIT 1653923 LOAN SERVICING 787396 MAINTENANCE 738102 SHARE DRAFT 418597 1333324 36441116 5134526 9153912 170778451 112505098 151735 118365 1763978 806987463 793838298 1508450 1544816 19256475 10812312 9294573 8444163 250707308 340473861 4010800 5744700 14385249 15299722 1262958555 1288886913 4717651 3831019 1140681063 1169723435 1145398714 1173554454 X 0 0 0 0 117559841 115332459 117559841 115332459 1262958555 1288886913 3932612 -6159994 0 X X 0 1 X 1 0 1760872 1760872 8426849 5738468 2688381 2333649 1481291 852358 6735105 3592553 3142552 8444163 REGULAR SHARES 358032445 SHARE DRAFTS 207686039 MONEY MARKET SHARES 299166383 SHARE CERTIFICATES 261304001 IRA/CD SHARES 43534567 1169723435 X 40373728 0 40373728 0 40373728 36441116 0 36441116 0 36441116 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. 1 ALAMEDA COUNTY FOOD BANK 7900 EDGEWATER DRIVE OAKLAND CA 94621 942960294 501(C)(3) 10000 5656 ACTUAL COST FOOD ITEMS FOOD BANK 1 PART I, LINE 2: THIS DONATION WAS NOT A GRANT, BUT RATHER A CHARITABLE CONTRIBUTION. AS SUCH, THERE WAS NO MONITORING OF FUNDS CONTRIBUTED. X 1 0 X X X X 1 0 0 STEPHEN M STONE CEO 437268 0 65600 0 2193 0 20300 0 8424 0 533785 0 0 0 JOANNA UHL CIO 231154 0 20350 0 1173 0 16865 0 20419 0 289961 0 0 0 TOSHA EAGLES-WILLIAMS CHIEF LENDING & MARKETING OFFICER 231831 0 600 0 2162 0 16419 0 0 0 251012 0 0 0 DERRICK FORTIER CRO 198198 0 200 0 1873 0 14434 0 20419 0 235124 0 0 0 LYNELL FRALEY CHRO 190921 0 300 0 1770 0 13734 0 13950 0 220675 0 0 0 SARAH CECCHIN SVP MARKETING & COMMUNICATIONS 168106 0 300 0 41 0 12231 0 20419 0 201097 0 0 0 LYNN DIGNON DIRECTOR OF PROJECT MANAGE 167642 0 100 0 705 0 10697 0 8424 0 187568 0 0 0 CHRISTOPHER FOX VP ENTERPRISE APPLICATIONS & DEVELOP 142414 0 10300 0 635 0 10528 0 20419 0 184296 0 0 0 JAMES SANTIAGO VP IT 142934 0 250 0 283 0 9977 0 8424 0 161868 0 0 0 DARCIE PERRY VP CONTROLLER 136602 0 200 0 286 0 9699 0 11402 0 158189 0 0 0 JEANNIE SUGAOKA VP COMPLIANCE & RISK MANAGEMENT 135026 0 150 0 3345 0 9393 0 7702 0 155616 0 0 0 PART I, LINE 4A GREGORY PULLIAM- $107,501 EDWARD RENTERIA- $115,000 DOLORES TREVINO- $45,000 JOANNA UHL CHIEF INFORMATION OFFICER VISA REWARDS X 0 0 0 1 1 JOANNA UHL CHIEF INFORMATION OFFICER INDIRECT AUTO USED X 27950 1371 0 1 1 JOANNA UHL CHIEF INFORMATION OFFICER VISA PLATINUM X 6764 0 0 1 1 SARAH CECCHIN SVP MARKETING & COMMUNICATIONS VISA REWARDS X 453 0 0 1 1 SARAH CECCHIN SVP MARKETING & COMMUNICATIONS AUTO NEW X 48790 42491 0 1 1 SARAH CECCHIN SVP MARKETING & COMMUNICATIONS HOME EQUITY LINE OF CREDIT X 175000 11436 0 1 1 SARAH CECCHIN SVP MARKETING & COMMUNICATIONS FIXED FIRST MORTGAGE X 765000 747370 0 1 1 CHRISTOPHER FOX VP - ENTERPRISE APPLICATIONS AND DEVELOPMENT VISA PLATINUM X 9556 9556 0 1 1 JAMES SANTIAGO VP - INFORMATION TECHNOLOGY VISA REWARDS X 7255 7178 0 1 1 JAMES SANTIAGO VP - INFORMATION TECHNOLOGY AUTO USED X 41689 11690 0 1 1 JAMES SANTIAGO VP - INFORMATION TECHNOLOGY HOME EQUITY LINE OF CREDIT X 42900 42886 0 1 1 DERRICK FORTIER CHIEF OF RETAIL OPERATIONS FIXED FIRST MORTGAGE X 680000 667167 0 1 1 JEANNIE SUGAOKA VP OF COMPLIANCE AND RISK MANAGEMENT HOME EQUITY LINE OF CREDIT X 16040 12988 0 1 1 JEANNIE SUGAOKA VP OF COMPLIANCE AND RISK MANAGEMENT FIXED FIRST MORTGAGE X 180000 154820 0 1 1 JAMES SANTIAGO VP - INFORMATION TECHNOLOGY AUTO REFINANCE X 12169 9291 0 1 1 GANGA RADHAKRISHNAN CHIEF FINANCIAL OFFICER HOME EQUITY LINE OF CREDIT X 50000 0 0 1 1 GANGA RADHAKRISHNAN CHIEF FINANCIAL OFFICER AUTO NEW X 47000 45734 0 1 1 1763978 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN ELECTION OF OFFICIALS. 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 11B THE CHIEF HUMAN RESOURCES OFFICER AND VICE PRESIDENT CONTROLLER GATHER THE INFORMATION. THE CFO AND CEO REVIEW FORM 990. UPON COMPLETION, A COPY OF THE FORM IS MADE AVAILABLE TO EACH VOTING MEMBER OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO EMPLOYEES IN THE EMPLOYEE HANDBOOK. ANNUALLY, EMPLOYEES ARE REMINDED AND ARE REQUIRED TO ACKNOWLEDGE IN WRITING THAT THEY HAVE READ THE POLICY, AS WELL AS THE OTHER SECTIONS IN THE HANDBOOK. MANAGERS ARE HELD ACCOUNTABLE TO MONITOR ADHERENCE TO THE POLICY AND TO ENSURE THEIR EMPLOYEES UNDERSTAND IT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AT THE CREDIT UNION IS GOVERNED BY A BOARD OF DIRECTORS APPROVED SALARY ADMINISTRATION POLICY. THE CREDIT UNION SETS COMPENSATION RANGES FOR ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, USING A THIRD PARTY COMPENSATION CONSULTING FIRM. THIS THIRD PARTY ORGANIZATION PROVIDES COMPENSATION INFORMATION AND SALARY RANGES FOR COMPANIES NATIONWIDE. SALARY RANGES ARE DEVELOPED THROUGH NATIONWIDE, INDUSTRY-SPECIFIC COMPENSATION SURVEYS AND COMPENSATION BENCHMARKING FOR KEY POSITIONS. THE BOARD OF DIRECTORS APPROVE THE SALARY RANGES AND EVALUATE ANY ANNUAL CHANGES RECOMMENDED BY THE THIRD PARTY FIRM. SALARY LEVELS AND JOB GRADES FOR INDIVIDUAL POSITIONS ARE DETERMINED USING A JOB EVALUATION PROCESS PROVIDED BY THE THIRD PARTY FIRM. FORM 990, PART VI, SECTION C, LINE 19 GENERALLY, GOVERNING DOCUMENTS/POLICIES ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC OR TO MEMBERS. MONTHLY FINANCIAL RESULTS ARE PUBLICLY POSTED. FORM 990, PART IX, LINE 24E ATM EXPENSE 407,364. ASSET RECOVERY 269,009. OTHER OPERATING 188,686. ASI/DFPI ANNUAL ASSESSMENT 163,890. HUMAN RESOURCES 153,526. BOARD/SUPERVISORY COMMITTEE EXPENSE 73,956. EMPLOYEE/MEMBER GOODWILL 65,105. TRAINING/DEVELOPMENT/EDUCATION 38,933. SECURITY 36,461. S & D 11,571. PROVISION FOR LOAN LOSSES -75,177. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.