2022-08-30T15:48:00-05:00 2021-12-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2021-01-01 880063564 ONE NEVADA CREDIT UNION ONEN 7029485392 2645 S MOJAVE ROAD LAS VEGAS NV 89121 STEPHEN O'DONNELL EVP/CFO 7029485392 2022-08-25 1 STEPHEN ODONNELL 999009999 MARY C GREEN P00447183 6022662248 2022-08-25 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z PAUL PARRISH 2645 S MOJAVE ROAD LAS VEGAS NV 89121 53963624 0 X WWW.ONENEVADA.ORG X 1950 NV TRUSTED PROVIDER OF SUPERIOR FINANCIAL SERVICES TO OUR MEMBER-OWNERS. 8 8 227 13 389684 32547 0 0 49749342 49807834 5207398 4096224 0 0 54956740 53904058 0 0 896778 872228 21894581 22295970 0 0 0 27255448 25546269 50046807 48714467 4909933 5189591 1164120004 1333432650 1016870834 1184399749 147249170 149032901 TRUSTED PROVIDER OF SUPERIOR FINANCIAL SERVICES TO OUR MEMBER-OWNERS. 0 0 PROVIDE FINANCIAL SERVICES TO MEMBER-OWNERS. 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 9932 0 227 1 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 0 0 1 1 0 1 1 1 1 1 1 1 0 X STEPHEN O'DONNELL 7029485392 2645 S MOJAVE RD LAS VEGAS NV 89121 PAUL PARRISH PRESIDENT/CEO 40.00 X 728840 0 54594 TOM ERNSPERGER EVP/CLO 40.00 X 381728 0 37909 MICHAEL TRAFICANTI SVP HR AND FACILITIES 40.00 X 352281 0 37345 STEVE O'DONNELL EVP/CFO 40.00 X 351039 0 34759 ROGER WHITE REAL ESTATE LOAN OFFICER 40.00 X 324845 0 22449 ANTHONY TUASON REAL ESTATE LOAN OFFICER 40.00 X 302469 0 24299 KENNETH HUGHES REAL ESTATE LOAN OFFICER 40.00 X 282480 0 9750 JEFF TIBBITS SVP OF IT 40.00 X 253594 0 32874 DEBORAH COLBY SVP/CMO 40.00 X 243691 0 30991 DANIEL DUFFY INVESTMENT REPRESENTATIVE 40.00 X 220758 0 21614 CHRIS WIBLE VP INVESTMENTS 40.00 X 196890 0 24666 TRUDY MCCLAIN SVP RETAIL OPERATIONS 40.00 X 181268 0 24397 TRACY RYAN SVP RISK MANAGEMENT 40.00 X 160821 0 24834 MARK FERRARIO CHAIR 1.00 X X 0 0 0 JILL TAYLOR VICE PRESIDENT/VICE CHAIR 1.00 X X 0 0 0 PETE PETERSON TREASURER / SECRETARY 1.00 X X 0 0 0 MICHAEL LANTZ DIRECTOR 1.00 X 0 0 0 BRAD BEAL DIRECTOR 1.00 X 0 0 0 DENNIS SHIPLEY DIRECTOR 1.00 X 0 0 0 VINCE ECKELKAMP DIRECTOR 1.00 X 0 0 0 BILL FLAXA DIRECTOR 1.00 X 0 0 0 3980704 0 380481 46 0 1 0 DIEBOLD PO BOX 643543 PITTSBURGH PA 15264 ATM SERVICES 1546997 R WEST 321 NE COUCH ST STE 401 PORTLAND OR 97232 MARKETING/MEDIA 1448325 PSCU 560 CARILLON PKWY ST PETERSBURG FL 33716 CREDIT CARD PROCESSING PROVIDER 1258880 CONNECT 64 E WINCHESTER ST SUITE 300 MURRAY UT 84107 DATACOM SERVICE 1216343 FIS PO BOX 4535 CAROL STREAM IL 60197 DEBIT/ATM PROCESSOR 1017374 48 LOAN INTEREST 522100 28692338 28692338 FEE INCOME 522100 21115496 20759359 356137 49807834 4149450 33547 4115903 6340 59297 269 -59297 6071 -53226 -53226 53904058 49451697 389684 4062677 X 872228 2930965 14842594 761203 2485581 1275627 60776 123000 61268 924976 3001165 648878 1294401 3356089 235907 7 4230299 149152 LOAN SERVICING EXPENSE 2486283 PROVISION FOR LOAN LOSS 2306415 VISA CARD PROCESSING 2085078 EQUIPMENT MAINTENANCE 1206454 3376121 48714467 37654838 44364499 316983759 579814282 1601584 12481286 427391758 413686695 4543850 5339909 24571340 16860882 7275237 7710458 250094493 138852716 104768441 117140952 13806044 14041853 1164120004 1333432650 4634704 4474706 284967 1532157 5000000 1006951163 1178392886 1016870834 1184399749 X 0 0 0 0 147249170 149032901 147249170 149032901 1164120004 1333432650 5189591 -3405860 0 X 0 0 0 14000 14000 14000 1 CAMPAIGN TO ELECT ROCHELLE NGUYEN PO BOX 26025 LAS VEGAS NV 89126 832881476 1500 COMMITTEE TO ELECT GLEN LEAVITT 1000 NEVADA WAY STE 105 BOULDER CITY NV 89005 824107869 1000 COMMITTEE TO ELECT DANIELE MONROE-MORENO 5575 SIMMONS 154 N LAS VEGAS NV 89031 473050235 1000 COMMITTEE TO ELECT HEIDI GANSERT 316 CALIFORNIA AVE 519 RENO NV 89509 475012428 1000 COMMITTEE TO ELECT PK ONEILL 1216 SONMA ST CARSON CITY NV 89701 845135274 1000 COMMITTEE TO ELECT SANDRA JAUREGUI 7582 LAS VEGAS BLVD S 118 LAS VEGAS NV 89123 475675506 1000 COMMITTEE TO ELECT STEVEN YEAGER 10120 W FLAMINGO RD STE 4162 LAS VEGAS NV 89147 464680743 1500 COMMITTEE TO ELECT IRA HANSEN 68 AMINGO CT SPARKS NV 89441 272890043 1500 ELECT HEIDI KASAMA 11035 LAVENDER HILL DR STE 160-456 LAS VEGAS NV 89135 843389676 1500 FRIENDS OF GREGORY T HAFEN II 5250 HAFEN RANCH RD PAHRUMP NV 89061 832852831 1000 FRIENDS OF TOM ROBERTS 6100 ELTON AVE STE 1000 LAS VEGAS NV 89107 823873885 1000 LISA KRASNER FOR NEVADA 59 DAMONTE RANCH PKWY B-460 RENO NV 89521 463235178 1000 PART I-A, LINE 1: THE ORGANIZATION CONTRIBUTES TO NEVADA STATE LEGISLATOR CAMPAIGNS AND POLITICAL ACTION COMMITTEES (INDIRECT CONTRIBUTIONS) THAT ARE USED FOR ADMINISTRATIVE ACTIVITIES AND SOME CAMPAIGN CONTRIBUTIONS AS THE POLITICAL ACTION COMMITTEES SEE FIT. THE ORGANIZATION DOES NOT PARTICIPATE IN ANY POLITICAL CAMPAIGN ACTIVITIES FOR ANY CANDIDATE. 1399762 1399762 8382608 5568791 2813817 3755666 2252939 1502727 11033304 9039152 1994152 7710458 CORPORATE CENTRALS 316113 C FED AGENCY SECURITIES 115060238 C MORTGAGE SERVICING RIGHTS 515000 C SERVICE ORGANIZATIONS 1249601 C 117140952 MEMBERS' SHARES AND SAVINGS ACCOUNTS 1172539829 OTHER LIABILITIES 5853057 1178392886 X 1 1 X X X X 0 1 0 PAUL PARRISH PRESIDENT/CEO 537040 0 135000 0 56800 0 41895 0 12699 0 783434 0 56800 0 TOM ERNSPERGER EVP/CLO 275244 0 52811 0 53673 0 25210 0 12699 0 419637 0 53673 0 MICHAEL TRAFICANTI SVP HR AND FACILITIES 254192 0 47856 0 50233 0 24646 0 12699 0 389626 0 50233 0 STEVE O'DONNELL EVP/CFO 267927 0 45386 0 37726 0 22060 0 12699 0 385798 0 37726 0 ROGER WHITE REAL ESTATE LOAN OFFICER 324845 0 0 0 0 0 9750 0 12699 0 347294 0 0 0 ANTHONY TUASON REAL ESTATE LOAN OFFICER 302469 0 0 0 0 0 11600 0 12699 0 326768 0 0 0 KENNETH HUGHES REAL ESTATE LOAN OFFICER 282480 0 0 0 0 0 9750 0 0 0 292230 0 0 0 JEFF TIBBITS SVP OF IT 192091 0 37423 0 24080 0 20175 0 12699 0 286468 0 24080 0 DEBORAH COLBY SVP/CMO 203559 0 40132 0 0 0 18292 0 12699 0 274682 0 0 0 DANIEL DUFFY INVESTMENT REPRESENTATIVE 220758 0 0 0 0 0 8915 0 12699 0 242372 0 0 0 CHRIS WIBLE VP INVESTMENTS 190330 0 0 0 6560 0 11967 0 12699 0 221556 0 6560 0 TRUDY MCCLAIN SVP RETAIL OPERATIONS 129983 0 25227 0 26058 0 11698 0 12699 0 205665 0 26058 0 TRACY RYAN SVP RISK MANAGEMENT 134837 0 25984 0 0 0 12135 0 12699 0 185655 0 0 0 PART I, LINE 4B THE CREDIT UNION HAS A 457(F) SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES. CONTRIBUTIONS TO THIS PLAN DURING 2021 WERE AS FOLLOWS: PAUL PARRISH, PRESIDENT/CEO - $33,152 TOM ERNSPERGER, EVP/CLO - $16,403 MICHAEL TRAFICANTI, SVP HR AND FACILITIES - $15,102 STEVE O'DONNELL, EVP,CFO - $15,666 DEBORAH COLBY, SVP/CMO - $10,178 JEFF TIBBITS, SVP OF IT - $11,476 TRUDY MCCLAIN, SVP RETAIL OPERATIONS - $6,499 TRACY RYAN, SVP RISK MANAGEMENT - $6,742 CHRIS WIBLE, VP INVESTMENTS - $5,000 DISTRIBUTIONS FROM THIS PLAN DURING 2021 WERE AS FOLLOWS: PAUL PARRISH, PRESIDENT/CEO - $56,800 TOM ERNSPERGER, EVP/CLO - $53,673 MICHAEL TRAFICANTI, SVP HR AND FACILITIES - $50,233 STEVE O'DONNELL, EVP/CFO - $37,726 JEFF TIBBITS, SVP OF IT - $24,080 TRUDY MCCLAIN, SVP RETAIL OPERATIONS - $26,058 CHRIS WIBLE, VP INVESTMENTS - $6,560 FORM 990, PART VI, SECTION A, LINE 6 ONE NEVADA CREDIT UNION IS A MEMBER-OWNED STATE CHARTERED FINANCIAL INSTITUTION. PARTICIPATION IN THE CREDIT UNION IS LIMITED TO THOSE INDIVIDUALS THAT QUALIFY FOR MEMBERSHIP. THE FIELD OF MEMBERSHIP IS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF THOSE WHO LIVE, WORK, WORSHIP, OR ATTEND SCHOOL IN CLARK COUNTY, NELLIS AIR FORCE BASE, WASHOE COUNTY, AND NYE COUNTY, NEVADA. FORM 990, PART VI, SECTION A, LINE 7A ONE NEVADA CREDIT UNION IS A MEMBER-OWNED STATE CHARTERED FINANCIAL INSTITUTION. MEMBERS HAVE THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE BOARD. 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 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE FORM 990 IS THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ONE NEVADA'S BOARD POLICIES INCLUDE A DIRECTOR QUALIFICATIONS POLICY AND A CODE OF CONDUCT POLICY. IN BOTH AREAS, CONFLICTS OF INTEREST ARE ADDRESSED IN A "TOP-DOWN" MANNER. ALSO, ONE NEVADA'S EMPLOYEE HANDBOOK AND MANAGEMENT PRACTICES GUIDE ADDRESS CONFLICTS OF INTEREST IN A "BOTTOM-UP" MANNER. DIRECTORS/VOLUNTEERS ARE REQUIRED TO DISCLOSE ANY DIRECT OR PERCEIVED CONFLICT OF INTEREST AT ANY TIME IT MAY OCCUR. THEY THEN MUST ABSTAIN FROM ANY OFFICIAL ACTION THAT WOULD TRIGGER THAT CONFLICT. IF THEY FAIL TO DO THIS, THEY WILL BE ASKED TO RESIGN. IF A DEBATE OCCURS RELATED TO ANY RESIGNATION REQUEST, THE SUPERVISORY COMMITTEE CAN STEP IN AND SUSPEND THE DIRECTOR AS IT SEES FIT, CALL A SPECIAL MEETING OF THE MEMBERSHIP, AND TAKE A MEMBERSHIP VOTE ON WHETHER THE DIRECTOR CAN CONTINUE OR NOT. OBVIOUSLY, IT IS IMPOSSIBLE TO DOCUMENT, THROUGH POLICY, ANY AND ALL POTENTIAL CONFLICT OF INTEREST CIRCUMSTANCES. AS SUCH, THESE MATTERS ARE HANDLED ON A CASE-BY-CASE BASIS. SIMILARLY, ONE NEVADA'S EMPLOYEE HANDBOOK AND MANAGEMENT PRACTICES GUIDE CONTAIN LANGUAGE THAT ADDRESSES EMPLOYEE CONFLICTS OF INTEREST. THE POLICIES ARE CLEAR THAT ALL EMPLOYEES CANNOT HAVE ANY CONFLICT OF INTEREST, AND ARE SUBJECT TO TERMINATION IF CONFLICTS ARE DISCOVERED AND NOT CURED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD APPOINTED COMPENSATION COMMITTEE MEETS ANNUALLY TO REVIEW AND RECOMMEND TO THE BOARD OF DIRECTORS BOTH THE ANNUAL INCENTIVE BONUS PROGRAM AND OVERALL COMPENSATION PLAN FOR THE PRESIDENT/CEO. THE PROCESS INCLUDES A REVIEW OF COMPETITIVE CEO SALARY SURVEY DATA FROM THE CARDWELL AND ASSOCIATES TOP 200 CREDIT UNIONS CEO TOTAL COMPENSATION SURVEY AND OTHER INDUSTRY PUBLICATIONS AS APPROPRIATE, SUCH AS THE KGA EXECUTIVE SALARY SURVEY REVIEW/CHIEF EXECUTIVE OFFICER. ANNUALLY, THE BOARD CONDUCTS A PERFORMANCE REVIEW WITH THE PRESIDENT/CEO TO REVIEW HIS OVERALL PERFORMANCE AND GOAL ATTAINMENT, ESTABLISH FUTURE PERFORMANCE GOALS AND DETERMINE THE PRESIDENT/CEO'S ANNUAL COMPENSATION. THE DECISIONS ARE DOCUMENTED WITHIN THE EXECUTIVE SESSION OF THE BOARD MEETING. FOR OTHER OFFICERS AND KEY EMPLOYEES, A SIMILAR PROCESS AS NOTED ABOVE IS USED, IN TERMS OF UNTILIZATION OF THIRD PARTY RESOURCE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E MOBILE AND HOME BANKING MAINTENANCE 846,921. CREDIT AND CHECK FRAUD EXPENSES 723,937. FEES AND CHARGES 628,313. MISCELLANEOUS 355,708. ATM PROCESSING 340,882. DEBIT AND CREDIT CARD REWARDS 324,508. CREDIT CARD EXPENSES 155,852. ONE NEVADA INSURANCE SERVICES LLC 2645 S MOJAVE RD LAS VEGAS NV 89121 611513740 AUTO & HOMEOWNER INSURANCE NV 1364999 584602 ONE NEVADA CREDIT UNION