2021-05-11T15:23:52-07:00 2020-12-31 990 2020-01-01 316034826 37 KEMBA FINANCIAL CREDIT UNION 37KE 6142352395 555 Officenter Place Gahanna OH 43230 Janet Oiler Controller 6147291369 2021-05-11 1 11 0 AAL2 2020 2022-09-23 18:48:47Z Mark Decello 555 Officenter Pl Gahanna OH 43230 79755276 0 X www.kemba.org X 1933 OH Provide innovative, convenient and competitively priced financial services that contribute to the well being of our members by promoting thrift and providing credit. 8 8 340 8 295508 -1625265 0 0 76843272 74783736 8322537 4971540 0 0 85165809 79755276 0 0 15907067 13025284 24933650 22522753 0 0 0 26884409 27426323 67725126 62974360 17440683 16780916 1471375658 1737613685 1293379034 1538561457 177996624 199052228 To provide lending, savings and other financial services to qualifying members at terms generally better than those found in the market place with "cooperative-based emphasis" to our "member owners." 0 0 Provide financial services 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 34457 0 1 340 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 OH X X Janet Oiler 6142352395 555 Officenter Place Gahanna OH 43230 Gerald Guy Assistant to President/CEO 40 X 941814 0 101835 Mark Decello President/CEO 50 X 632156 0 51695 Donna Grimmett CFO 50 X 245943 0 23083 Mark Seymour VP Lending 40 X 227424 0 32831 Don Guilbert Director of Commercial Services 45 X 216065 0 30663 Ken Blevins VP Technology 40 X 209862 0 36838 Ryan Ambrose VP Retail Sales and Services 45 X 210926 0 31364 Amy Peterman VP Virtual and Member Experience 45 X 208813 0 31014 Shernette Henry VP Human Resources 50 X 199748 0 31647 Marco Capalino Chief Marketing Officer 45 X 180861 0 23891 Tom Goulet Senior Mortgage Loan Advisor 45 X 169104 0 30829 Janet Oiler Controller 45 X 173314 0 24921 Douglas La Tour VP Risk 40 0 X 156009 0 20575 Donna Folberth Chairwoman 5 X X 0 0 0 Mike Slaper Vice Chair 5 X X 0 0 0 John Elden Secretary 5 X X 0 0 0 Steve Perdue Treasurer 5 X X 0 0 0 Jeff Gale Director 5 X 0 0 0 Emmet Apolinario Director 5 X 0 0 0 Angela Irons Director 5 X 0 0 0 Rick Mariotti Director 5 X 0 0 0 3772039 0 471186 33 0 1 0 Access Softek Inc 727 Allston Way Suite C Berkeley CA 947102229 Online Banking Support 352115 Dataverify PO Box 535595 Pittsburgh PA 152535595 Loan Services 297600 Avtex Solutions PO Box 856660 Minneapolis MN 55485 Telephone Software Support 262421 Chex Systems Inc PO Box 2634 Los Angeles CA 900842634 Reporting Services 242131 BKG CLEANING SERVICES INC PO BOX 307352 GAHANNA OH 43230 Cleaning Service 168060 9 0 Loan Interest 522130 52528741 52528741 0 0 Fee Income 522130 7683125 7683125 0 0 Other Income 522130 14276362 14276362 0 0 Insurance Income 522130 20351 0 20351 0 Non-member Transactional Income 522130 275157 0 275157 0 0 0 0 0 74783736 4955816 4955816 0 0 0 0 0 0 0 0 0 0 0 0 0 15724 0 0 0 15724 15724 15724 0 0 0 79755276 79459768 295508 0 0 0 0 13025284 1934872 0 13077598 1515219 4831605 1163459 319047 149061 229015 0 0 3425 1167721 2444380 1510213 2212565 0 1303292 16376 0 53803 1668571 158471 3042494 93250 Allowance for Loan Loss 5164104 ATM & Debit Card Expense 3402198 Loan servicing expense 1844656 Fraud Loss Expense 1344089 1299592 62974360 0 0 0 6124350 17905416 159277589 211188427 0 0 5048861 9893986 18874724 15796376 0 0 1090520210 1172866987 0 0 4277133 4887167 44850193 17976454 25231910 26873739 129064854 238340252 6221264 9902784 8151388 8719004 0 0 18583375 21239547 1471375658 1737613685 24224301 25607125 0 0 2164769 2122642 0 0 0 0 0 0 65652137 59978440 0 0 1201337827 1450853250 1293379034 1538561457 X 0 0 0 0 177996624 199052228 177996624 199052228 1471375658 1737613685 16780916 4274688 0 0 0 0 X 0 1 X 1 0 0 6181084 6181084 0 21304109 7679070 13625039 0 0 0 0 0 17365000 10297384 7067616 0 0 0 0 26873739 0 Member Deposits 1403027499 Non-member Deposits 47825751 1450853250 79755276 0 0 0 0 0 79755276 0 0 0 79755276 62974360 0 0 0 0 0 62974360 0 0 0 62974360 X 1 1 X X X X 0 0 0 Amy Peterman VP Virtual and Member Experience 172596 0 34465 0 1752 0 19385 0 11629 0 239827 0 0 0 Don Guilbert Director of Commercial Services 93441 0 112488 0 10136 0 18860 0 11803 0 246728 0 0 0 Donna Grimmett CFO 203988 0 40139 0 1816 0 16598 0 6485 0 269026 0 0 0 Gerald Guy Assistant to President/CEO 266077 0 0 0 675737 0 89972 0 11863 0 1043649 0 0 0 Janet Oiler Controller 147070 0 22685 0 3559 0 13211 0 11710 0 198235 0 0 0 Ken Blevins VP Technology 172596 0 35265 0 2001 0 19462 0 17376 0 246700 0 0 0 Marco Capalino Chief Marketing Officer 155654 0 22037 0 3170 0 17256 0 6635 0 204752 0 0 0 Mark Decello President/CEO 479154 0 112345 0 40657 0 39757 0 11938 0 683851 0 0 0 Mark Seymour VP Lending 187103 0 36552 0 3769 0 22883 0 9948 0 260255 0 0 0 Ryan Ambrose VP Retail Sales and Services 163200 0 33965 0 13761 0 19576 0 11788 0 242290 0 0 0 Shernette Henry VP Human Resources 162481 0 32980 0 4287 0 19980 0 11667 0 231395 0 0 0 Tom Goulet Senior Mortgage Loan Advisor 57521 0 109609 0 1974 0 16648 0 14181 0 199933 0 0 0 Douglas La Tour VP Risk 133774 0 19584 0 2651 0 12440 0 8135 0 176584 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross up payment made to current employee Gerald Guy as part of a retirement package. No travel for companions in 2020 due to Covid-19. Gerald Guy President/CEO SERP X 1972887 1197887 0 1 1 Gerald Guy President/CEO SERP X 1547241 1547241 0 1 1 Mark Decello President/CEO SERP X 2203535 2148639 0 1 1 Mark Decello President/CEO SERP X 10517423 10517423 0 1 1 John Zajac Former CFO SERP X 3083637 385186 0 1 1 15796376 Form 990, Part VI, Section A, Line 6 The credit union has approximately 115,000 members. Form 990, Part VI, Section A, Line 7a Our members elect Board of Directors for terms that are expiring. Form 990, Part VI, Section A, Line 7b There are governing rules subject to a vote of our membership. However, none of these circumstances occurred in 2020. Form 990, Part VI, Section B, Line 11b The 990 is provided to the Board Treasurer and CFO prior to filing. Other directors and management are provided a copy upon request. Form 990, Part VI, Section B, Line 12c An annual questionnaire is required of all Board of Directors to ensure conflict of interest policy is enforced. Form 990, Part VI, Section B, Line 15 The board utilizes a credit union compensation expert to assist in establishing salary and total pay for President/CEO. Compensation adjustments for officers and associates other than the President/CEO are reviewed by the VP of Human Resources and President/CEO, and compared to industry standards and set to align with market wages. Form 990, Part VI, Section C, Line 19 The abbreviated financial statements are displayed on the credit union's website. The governing documents, audited financial statements, conflict of interest policy, and annual policy are available upon request.