2020-10-29T18:11:46-05:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2019-01-01 860098341 TUCSON OLD PUEBLO CREDIT UNION TUCS 5208816262 2500 E 22ND STREET TUCSON AZ 85713 G VERNON BABILON CEO 5208816262 2020-10-28 1 MARY C GREEN P00447183 6022662248 2020-10-28 67.137.57.251 2020-10-28 16:32:52 MS P 5E83B4D2F623A1635B106737111B0ED595857C68 4F026E04B3303417278A8F2A63CF130A40AB7B94 2019 2021-04-22 16:20:28Z G VERNON BABILON 2500 E 22ND STREET TUCSON AZ 85713 8566676 0 X WWW.TOPCU.ORG X 1935 AZ PROVIDING FINANCIAL SERVICES THAT MEET THE UNIQUE NEEDS OF THOSE WHO SERVE OUR COMMUNITY. 7 7 75 12 23358 0 0 0 6677281 7081139 939006 1431199 0 0 7616287 8512338 0 0 89358 179727 2759063 3570246 0 0 0 4039419 3524354 6887840 7274327 728447 1238011 149380448 153179273 138644673 140540527 10735775 12638746 X WE PROVIDE FINANCIAL SERVICES THAT MEET THE NEEDS OF THOSE WHO SERVE OUR COMMUNITY. WE SEEK TO BE THE PRIMARY FINANCIAL INSTITUTION FOR THE CITY OF TUCSON EMPLOYEES AND OTHER SELECT GROUPS, BE A MUTUALLY PROFITABLE AND GROWING INSTITUTION TO BETTER SERVE THE FINANCIAL NEEDS OF OUR MEMBERS, AND ATTRACT AND RETAIN HIGH QUALITY EMPLOYEES WHO DELIVER EXCEPTIONAL SERVICE TO OUR MEMBERS. 0 0 PROVIDING LOANS AND SERVICES TO MEMBERS OF TUCSON OLD PUEBLO CREDIT UNION. AT THE END OF 2019, THERE WERE 15,172 MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 1 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 0 0 0 0 1 1663 0 75 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 1 1 1 1 1 0 X LESLIE FREED 5209180375 2500 E 22ND STREET TUCSON AZ 85713 G VERNON BABILON PRESIDENT/CEO 40.00 X 158701 0 9242 MICHAEL SCHMELL COO 40.00 X 107930 0 5369 KENT HALL CFO 40.00 X 99045 0 7623 BRITTON SIMMONS CHAIR 2.00 X X 0 0 0 MIKE MCKENDRICK VICE-CHAIR 2.00 X X 0 0 0 RICHARD PRATER TREASURER 2.00 X X 0 0 0 WILLIAM RICHARDS SECRETARY 2.00 X X 0 0 0 DAVID FREGONESE DIRECTOR 2.00 X 0 0 0 JOHN BRADY DIRECTOR 2.00 X 0 0 0 FRED CUSHMAN DIRECTOR 2.00 X 0 0 0 365676 0 22234 2 0 1 0 MEMBER DRIVEN TECHNOLOGIES 30230 ORCHARD LAKE ROAD FARMINGTON HILLS MI 48334 IT SERVICES 358509 1 INTEREST ON LOANS TO MEMBERS 522100 4884384 4884384 FEES & CHARGES 522100 2196755 2173397 23358 7081139 1225735 1225735 225528 34274 0 54338 225528 -20064 205464 205464 8512338 7057781 23358 1431199 X 179727 387911 2667054 21363 291667 202251 15803 102731 10082 1065355 83753 337995 88109 290907 30923 9443 799 184445 57711 LOAN SERVICING EXPENSE 542298 ALLOWANCE FOR LOAN LOSS 455797 248203 7274327 1482196 1243503 8437643 7755252 85912685 85323197 644126 668210 7750068 3891689 3696937 3858379 24252349 36886850 19078413 8709213 5876099 8734669 149380448 153179273 1112233 1348867 137532440 139191660 138644673 140540527 X 0 0 0 0 10735775 12638746 10735775 12638746 149380448 153179273 1238011 664960 0 X 0 0 0 1224779 1224779 4642356 2411197 2231159 271167 266193 4974 1611766 1214299 397467 3858379 CATALYST 141 PERP CAP 333813 C FHLB STOCK 434400 C CD INVESTMENTS IN OTHER INSTITUTIONS 7941000 C 8709213 ACCRUED INTEREST 389948 NCUSIF DEPOSIT 1323660 OTHER ASSETS 3061222 INVESTMENT IN CUSO 675648 DEFERRED COMP PLAN INVESTMENTS 457(B) 3284191 8734669 MEMBER SHARE AND SAVINGS ACCOUNTS 138607469 DEFERRED COMP INVESTMENT LIABIITY 457(B) AND 457(F) 584191 139191660 X 1 1 X X 0 1 0 G VERNON BABILON PRESIDENT/CEO 158701 0 0 0 0 0 5400 0 3842 0 167943 0 0 0 PART I, LINE 1A RELOCATION EXPENSE REIMBURSEMENT IN THE AMOUNT OF $7,612 WAS PROVIDED TO THE COO AND WAS INCLUDED IN TAXABLE INCOME. SCHEDULE J, PART I, LINE 4B THE CREDIT UNION HAS A 457F DEFERRED COMPENSATION PLAN FOR CERTAIN LEVELS OF MANAGEMENT. THERE WERE NO CONTRIBUTIONS OR DISTRIBUTIONS TO THESE EMPLOYEES DURING CALENDAR 2019. FORM 990, PART VI, SECTION A, LINE 6 IF YOU LIVE, WORK OR WORSHIP IN TUCSON, OR YOU KNOW AN EXISTING MEMBER WHO WOULD SPONSOR YOU, YOU ARE ELIGIBLE TO BECOME A TOPCU MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS MUST BE APPROVED BY THE MEMBERSHIP. BYLAW CHANGES ENACTED BY THE BOARD AND APPROVED BY THE STATE MUST BE RATIFIED BY THE MEMBERS AT THE SUBSEQUENT ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B THE CREDIT UNION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. 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 FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CODE OF CONDUCT FOR EMPLOYEES AND VOLUNTEERS IS REVIEWED ANNUALLY BY THE BOARD AS IS ON THE COMPLIANCE COMMITTEE AND BOARD RECURRING CALENDARS. VOLUNTEERS INDIVIDUALLY REVIEW AND SIGN DECLARATION OF ETHICAL CONDUCT ANNUALLY AND THEY ARE KEPT IN THE EXECUTIVE ASSISTANT'S CARE. EMPLOYEES INDIVIDUALLY REVIEW AND SIGN DECLARATION OF ETHICAL CONDUCT ANNUALLY AND THIS IS KEPT IN THE HR DEPARTMENT. THIS POLICY COVERS ALL CREDIT UNION EMPLOYEES AND VOLUNTEERS. GIFTS OF $100 OR MORE ARE CONSIDERED CONFILCTS OF INTEREST. VIOLATIONS OF THIS POLICY MAY RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION OF SERVICE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO IS HIRED BY THE BOARD WHO DETERMINES THE CEO'S COMPENSATION. THE HR DEPARTMENT USES COMPENSATION DATA FROM OUR PROFESSIONAL EMPLOYER ORGANIZATION, ADP TOTALSOURCE, INC. THE COMPENSATION DATA ENABLES THE CREDIT UNION TO EVALUATE, TRACK AND MODIFY COMPENSATION BASED ON MARKET DATA, INTERNAL COMPARABLES AND JOB FAMILIES TO ENSURE THAT WE ARE COMPETITIVE, FOLLOWING ALL LEGAL GUIDELINES AND APPLYING THE PRINCIPLE OF FAIRNESS TO OUR COMPENSATION REVIEW PROCESS AND PRACTICES. THE FINAL DECISION FOR THE CEO'S COMPENSATION IS DOCUMENTED IN HR PERSONNEL RECORDS. OTHER OFFICERS AND EMPLOYEES ALSO HAVE THEIR JOB CLASSIFICATION RATED ANNUALLY BY COMPENSATION DATA FROM ADP TOTALSOURCE, INC. THE DATA HELPS TO DETERMINE THE APPROPRIATE PLACING WITHIN THE EMPLOYMENT FRAMEWORK AND CLASSIFICATION OF SALARY. THE CEO REVIEWS AND APPROVES COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES AND THE DECISION IS DOCUMENTED BY HR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED ON ITS WEBSITE. ALL OTHER GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G ACHA FEES 5,374. ATM/VISA DR CARD SUPPORT 346,690. BILL PAYER EXPENSE 47,894. DATA PROCESSING SERVICE 341,558. HR SERVICING 100,569. COIN/CURRENCY COSTS 12,764. SHARED BRANCHING NETWORK 79,642. IRA CUNA FEES 6,160. OTHER PROF & OUTSIDE 104,004. MOBILE BANKING EXPENSE 16,500. BUSINESS CONTINUITY EXPENSE 4,200.