2022-11-15T10:56:09-06:00 2021-12-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2021-01-01 952030824 AMERICA'S CHRISTIAN CREDIT UNION CRED 8003436328 2100 E ROUTE 66 GLENDORA CA 91740 VICKI VANNBERSTEIN PRESIDENT/CEO 8003436328 2022-11-13 1 VICKI VANNBERSTEIN 999009999 MELISSA HANGSLEBEN P02087031 6022662248 2022-11-13 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z VICKI VANNBERSTEIN 2100 E ROUTE 66 GLENDORA CA 91740 25422317 0 X WWW.AMERICASCHRISTIANCU.COM X 1958 CA TO PROVIDE FINANCIAL SERVICES TO THOSE WHO ALIGN THEMSELVES WITH THE WESLEYAN CHRISTIAN DOCTRINE. 7 7 116 13 35241 0 0 0 22922027 23206398 862652 1178436 391001 348454 24175680 24733288 88650 155159 3074558 1756387 9625638 9625432 0 0 0 9821086 7976797 22609932 19513775 1565748 5219513 557961344 610952696 511806951 561639985 46154393 49312711 TO PROVIDE FINANCIAL SERVICES TO THE COMMUNITY OF PEOPLE, CHURCHES AND ORGANIZATIONS WHO ALIGN THEMSELVES WITH THE WESLEYAN CHRISTIAN DOCTRINE. 0 0 TO ENCOURAGE BIBLICAL STEWARDSHIP AND TO REACH, SERVE, AND TEACH OUR MEMBERS. WE DO THIS BY PROVIDING FINANCIAL SERVICES INCLUDING SAVINGS DEPOSITS, CHECKING, AND ALL DEPOSIT RELATED SERVICES, PROVIDING FINANCING THROUGH LOANS TO MEMBERS, AND BY EDUCATING MEMBERS IN RESPONSIBLE STEWARDSHIP PRINCIPLES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 2650 0 116 1 1 1 0 0 0 0 0 0 0 X 7 7 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X VICKI VANNBERSTEIN 6262085400 2100 E ROUTE 66 GLENDORA CA 91740 KEVIN MANNOIA CHAIRMAN 2.00 X X 0 0 0 BARBARA DICKERSON VICE CHAIRMAN 2.00 X X 0 0 0 SYLVIA NASH SECRETARY 2.00 X X 0 0 0 DAVID MORSE TREASURER 2.00 X X 0 0 0 LISA PENBERTHY DIRECTOR 2.00 X 0 0 0 GEOFFREY FELLOWS DIRECTOR 2.00 X 0 0 0 NATHANIEL SHINE DIRECTOR 2.00 X 0 0 0 VICKI VANNBERSTEIN PRESIDENT & CEO 40.00 X 466935 0 34110 TERRI SNYDER SVP/COO 40.00 X 304768 0 38321 NICOLETTE HARMS SVP/CFO 40.00 X 271390 0 32990 DARREN THOMPSON VP/CORPORATE SERVICES 40.00 X 202729 0 6395 FAWN IMBODEN VP/CDO (DEPARTED 2021) 40.00 X 178154 0 22267 EVAMARIE PISANI VP/CHIEF MEMBER SERVICES OFFICER 40.00 X 166665 0 28522 JOHN MAY VP/CIO (RETIRED 2021) 40.00 X 148448 0 1841 TIMOTHY TRERISE VP/IT 40.00 X 147876 0 30901 DOUG WARREN INFORMATION SECURITY OFFICER 40.00 X 141798 0 15888 MENDELL THOMPSON FORMER PRESIDENT/CEO 40.00 X 793280 0 0 2822043 0 211235 22 1 1 0 FISERV PO BOX 80123 CITY OF INDUSTRY CA 91716 CORE SYSTEM SERVICES 1017254 Q2 PO BOX 678272 DALLAS TX 75267 EBANKING AND CLOUD SERVICES 865035 FIS PO BOX 4535 CAROL STREAM IL 60197 CORE SYSTEM SERVICES 629120 CLEAN SWEEP JANITORIAL SERVICES 700 LIDO PARK DRIVE 17 NEWPORT BEACH CA 92663 JANITORIAL AND PROPERTY MANAGEMENT 237614 MILLENNIAL VISION INC 4578 HIGHLAND DR SUITE A-150 SALT LAKE CITY UT 84117 IMAGING AND CLOUD SERVICES 150105 9 INTEREST FROM MEMBERS 522100 16084237 16084237 FEES & CHARGES 522100 5087908 5086628 1280 OTHER OPERATING INCOME 522100 971759 937798 33961 INTERCHANGE INCOME 522100 842507 842507 LOAN SERVICING INCOME 522100 219987 219987 23206398 1186451 1186451 1027008 678554 348454 348454 348454 2460 10475 -8015 -8015 -8015 24733288 23171157 35241 1526890 155159 1756387 1357638 7170703 -114299 648623 562767 112834 129600 553189 940723 200173 890748 400883 147449 27617 218482 502615 147690 CORE SYSTEM EXPENSE 1211728 VISA AND CHECK EXPENSES 811500 PROVISION FOR LOAN LOSS 512389 MISCELLANEOUS 305575 863602 19513775 523201 567151 98994048 78588118 1066941 1135018 2500000 5027421 342602473 365919388 1452010 1047447 23829190 9549463 13275066 14279727 45013116 88153383 31724886 35035262 20809603 21199781 557961344 610952696 5880027 3342822 796130 1146969 9750000 17750000 495380794 539400194 511806951 561639985 X 0 0 0 0 46154393 49312711 46154393 49312711 557961344 610952696 5219513 -2061195 0 X 0 0 0 3890000 3890000 7952717 1958357 5994360 7585433 4993329 2592104 2831919 2464292 367627 1569121 133485 1435636 14279727 SHARE INSURANCE FUND DEPOSITS 4220152 C ALLOYA CORP CU CAPITAL 465000 C FHLB STOCK 1835400 C INVESTMENT IN CUSO'S 1980688 C OTHER INVESTMENTS 26534022 C 35035262 MEMBER ACCOUNTS 539400194 539400194 1 WESLEYAN HOLINESS CONSORTIUM 2100 E ROUTE 66 GLENDORA CA 91740 273780407 501(C)(3) 50000 0 UNRESTRICTED POINT LOMA NAZARENE UNIVERSITY 3900 LOMALAND DR SAN DIEGO CA 91206 951644035 501(C)(3) 10000 0 UNRESTRICTED CHRISTIAN ALLIANCE FOR ORPHANS 6723 WHITTIER AVE STE 202 MCLEAN VA 22101 261492375 501(C)(3) 25000 0 UNRESTRICTED BETHANY CHRISTIAN SERVICES 901 EASTERN AVE NE GRAND RAPIDS MI 49503 311282580 501(C)(3) 12500 0 UNRESTRICTED OLIVET NAZARENE UNIVERSITY 1 UNIVERSITY AVE BOURBONNAIS IL 60914 362191252 501(C)(3) 10000 0 UNRESTRICTED UNITED PENTECOSTAL CHURCH INTERNATIONAL 36 RESEARCH PARK CT WELDON SPRINGS MO 63304 430679185 501(C)(3) 8000 0 UNRESTRICTED 6 0 PART I, LINE 2: THE BOARD OF DIRECTORS DIRECTS THE AMOUNT OF AVAILABLE FUNDS FOR CHARITABLE GRANTS. ORGANIZATIONS ARE EVALUATED FOR MISSION ALIGNMENT AND OVERLAP WITH KEY OUTREACH INITIATIVES. ACCU DOES NOT CONDITION GRANTS ON SPECIFIC ACTIVITIES SO THEREFORE, NO ADDITIONAL MONITORING AFTER GRANTING. X 1 1 X X X 0 1 0 MENDELL THOMPSON FORMER PRESIDENT/CEO 0 0 0 0 793280 0 0 0 0 0 793280 0 793280 0 VICKI VANNBERSTEIN PRESIDENT & CEO 428414 0 33107 0 5414 0 6581 0 27529 0 501045 0 0 0 TERRI SNYDER SVP/COO 274362 0 13053 0 17353 0 9146 0 29175 0 343089 0 0 0 NICOLETTE HARMS SVP/CFO 252868 0 11896 0 6626 0 6253 0 26737 0 304380 0 0 0 DARREN THOMPSON VP/CORPORATE SERVICES 190188 0 8435 0 4106 0 6215 0 180 0 209124 0 0 0 FAWN IMBODEN VP/CDO (DEPARTED 2021) 159628 0 4077 0 14449 0 0 0 22267 0 200421 0 0 0 EVAMARIE PISANI VP/CHIEF MEMBER SERVICES OFFICER 155431 0 6869 0 4365 0 5296 0 23226 0 195187 0 0 0 TIMOTHY TRERISE VP/IT 140802 0 6216 0 858 0 4735 0 26166 0 178777 0 0 0 DOUG WARREN INFORMATION SECURITY OFFICER 134166 0 6320 0 1312 0 4418 0 11470 0 157686 0 0 0 JOHN MAY VP/CIO (RETIRED 2021) 135775 0 9394 0 3279 0 1841 0 0 0 150289 0 0 0 PART I, LINE 1A COMPANION TRAVEL IS PROVIDED BY THE CREDIT UNION ON A VERY LIMITED BASIS AS ALLOWED PER NCUA RULES AND REGULATIONS, PART 701.33. PART I, LINE 4B THE CREDIT UNION ADOPTED A 457(F) EXECUTIVE RETIREMENT PLAN WHICH PROVIDES BENEFITS TO DESIGNATED EXECUTIVES. THERE WERE NO DISTRIBUTIONS OR CONTRIBUTIONS DURING 2021. THE CREDIT UNION ENTERED INTO SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENTS WITH CERTAIN EXECUTIVE EMPLOYEES DURING 2021, WHEREBY THE CREDIT UNION FUNDS THE PREMIUM PAYMENTS ON THE UNDERLYING INSURANCE POLICIES AND THE SENIOR EXECUTIVE OFFICER IN TURN COLLATERALLY ASSIGNS THE POLICY TO THE CREDIT UNION. VICKI VANNBERSTEIN PRESIDENT & CEO SPLIT DOLLAR LOAN X 2500000 2502421 0 1 1 NICOLETTE HARMS SVP/CFO SPLIT DOLLAR LOAN X 2525000 2525000 0 1 1 5027421 SCHEDULE L, PART II THE CREDIT UNION ENTERED INTO SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENTS WITH CERTAIN EXECUTIVE EMPLOYEES DURING 2021, WHEREBY THE CREDIT UNION FUNDS THE PREMIUM PAYMENTS ON THE UNDERLYING INSURANCE POLICIES AND THE SENIOR EXECUTIVE OFFICER IN TURN COLLATERALLY ASSIGNS THE POLICY TO THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY APPOINT AN EXECUTIVE COMMITTEE OF NO FEWER THAN THREE (3) DIRECTORS, AND DELEGATE TO SUCH COMMITTEE THE POWER TO APPROVE MEMBERSHIP APPLICATIONS. WITH THE WRITTEN APPROVAL OF THE COMMISSIONER, THE EXECUTIVE COMMITTEE MAY ACT FOR THE BOARD OF DIRECTORS IN THE PURCHASE AND SALE OF SECURITIES, INVESTMENT AND WITHDRAWAL OF FUNDS, IN BORROWING FUNDS AND IN MAKING LOANS TO OTHER CREDIT UNIONS IN ACCORDANCE WITH APPLICABLE LAW AND REGULATIONS. FORM 990, PART VI, SECTION A, LINE 2 MENDELL THOMPSON, PREVIOUS PRESIDENT/CEO IS THE FATHER OF DARREN THOMPSON, VP/CORPORATE SERVICES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. THE FIELD OF MEMBERSHIP SHALL BE LIMITED TO THOSE HAVING THE FOLLOWING COMMON BOND: CHURCHES, MINISTRIES AND SCHOOLS ALIGNED WITH WESLEYAN CHRISTIAN DOCTRINE; MINISTERS, EMPLOYEES, MEMBERS, OFFICERS, TEACHERS, STUDENTS AND OTHERS IN THESE CHURCHES, SCHOOLS AND ORGANIZATIONS; ORGANIZATIONS OF SUCH PERSONS; EMPLOYEES OF THIS CREDIT UNION; IMMEDIATE FAMILY MEMBERS LIVING IN A MEMBER OF THIS CREDIT UNION'S HOME; AND, OTHER CREDIT UNIONS ORGANIZED UNDER EITHER FEDERAL OR STATE LAWS APPERTAINING TO CREDIT UNIONS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS MUST BE APPROVED BY THE MEMBERSHIP. 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 DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C WHEN HIRED, ALL STAFF ARE REQUIRED TO READ AND SIGN A CODE OF CONDUCT POLICY WHICH OUTLINES IN DETAIL THE BEHAVIOR EXPECTATIONS OF THE STAFF, INCLUDING CONFLICT OF INTEREST. THIS CODE OF CONDUCT INCORPORATED THE CALIFORNIA CREDIT UNION LEAGUE'S CODE OF ETHICS. ALL NEW STAFF ARE ALSO REQUIRED TO DISCLOSE IN WRITING ANY RELATED PARTY ACCOUNTS AT THE CREDIT UNION SO THEY CAN BE CODED AND RESTRICTED FROM ACCESS. PERIODICALLY STAFF ARE ASKED TO UPDATE THIS LIST OF RELATED PARTY ACCOUNTS. STAFF ACCOUNTS AND ACCOUNTS OF RELATED PARTIES OF STAFF ARE CODED AS SUCH IN OUR CORE SYSTEM. VERAFIN SOFTWARE PERFORMS CONSTANT BSA AND FRAUD ANALYTICS TO DETECT TRANSACTIONS THAT WOULD INDICATE SUSPICIOUS ACTIVITY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE COMPEASE SYSTEM WHICH PROVIDES REGIONAL CREDIT UNION SALARY DATA TO BENCHMARK ALL STAFF WAGES. ANNUAL WAGE INCREASES ARE BASED ON EMPLOYEE PERFORMANCE SCORES AND WHERE THE EMPLOYEE FALLS WITHIN THE WAGE RANGE PROVIDED BY THE COMPEASE SYSTEM FOR COMPARABLE JOB GRADES. THE BOARD OF DIRECTORS DETERMINES AND APPROVES THE COMPENSATION OF THE CEO AND THE INCENTIVE PLAN FOR ALL STAFF. THE CEO MAKES COMPENSATION DECISIONS FOR OTHER OFFICERS AND KEY EMPLOYEES AND USES THE COMPEASE COMPENSATION SYSTEM AS A FRAMEWORK. COMPENSATION DECISIONS ARE DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE ORGANIZATION'S BRANCH. THE ANNUAL FINANCIAL STATEMENT IS INCLUDED IN THE PUBLISHED ANNUAL REPORT POSTED ON THE ORGANIZATION'S WEBSITE. FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST. ACCU FINANCIAL LLC 2100 E ROUTE 66 SUITE 102 GLENDORA CA 91740 831239109 HOLDING COMPANY CA 0 402076 AMERICA'S CHRISTIAN CREDIT UNION SHARETEK LLC 2100 E ROUTE 66 SUITE 102 GLENDORA CA 91740 831268218 CUSO ORGANIZATION CREATED TO FACILITATE HEALTH CARE SHARING CA 605252 237424 ACCU FINANCIAL LLC