2019-06-17T07:42:25-05:00 2018-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2018-01-01 350928620 Financial Center First Credit Union % MICHAEL J NELSON FINA 3179166233 7101 EAST 56TH STREET INDIANAPOLIS IN 46226 MICHAEL J NELSON CFO 3179166233 2019-05-15 true MICHAEL J SUMMERS P00838533 3173834000 2019-05-15 167.68.126.162 43033020191685000000 2019-06-17 P C44189E46EF31EF1FDA18BE45E517D77AFDBAB28 B77B5E581F806D9CFF6850E50A3C51F547167C74 2018 2019-02-21 02:37:17Z MICHAEL J NELSON 7101 EAST 56TH ST INDIANAPOLIS IN 46226 32491562 false X WWW.FCFCU.COM X 2015 IN FINANCIAL CENTER FIRST CREDIT UNION'S MISSION IS TO IMPROVE THE FINANCIAL LIVES OF ITS MEMBERS. 9 9 305 32 507906 0 0 28979108 32379408 43079 28200 0 0 29022187 32407608 27500 22500 0 0 10966162 11466543 0 0 0 15257752 17196127 26251414 28685170 2770773 3722438 542347517 560227039 475680045 489901259 66667472 70325780 FINANCIAL CENTER FIRST CREDIT UNION'S MISSION IS TO IMPROVE THE FINANCIAL LIVES OF ITS MEMBERS. false false FINANCIAL CENTER FIRST CREDIT UNION PROVIDES FINANCIAL SERVICES TO ITS 62,236 MEMBERS. false false true false false false false false false true false false false true false false true false false false false false false false false false true false true false false false false false false false false false false true false false false true 24398 0 305 true true true false false false false false false false X 9 9 false false false false true true true true true false true true true true true true true true true true false IN X MICHAEL J NELSON 3179166233 7101 EAST 56TH ST INDIANAPOLIS IN 46226 BILL STEVENS BOARD MEMBER 5.0 0.0 X 6000 0 0 CINDY COOK BOARD MEMBER 5.0 0.0 X 6000 0 0 JEANNE LUGO BOARD MEMBER 5.0 0.0 X 6000 0 0 JIM BENOIT BOARD MEMBER 5.0 0.0 X 6000 0 0 JOHN KENEIPP BOARD CHAIR 5.0 5.0 X X 7200 0 0 LARRY MARCUM BOARD MEMBER 5.0 0.0 X 6000 0 0 RAYMOND BATTEY BOARD MEMBER 5.0 0.0 X 6000 0 0 RUSS DOWDEN BOARD MEMBER 5.0 5.0 X 6000 0 0 THOMAS SPAHR BOARD MEMBER 5.0 0.0 X 6000 0 0 JAMES RYAN CEO 40.0 10.0 X 370724 0 195841 MICHAEL NELSON CFO 40.0 0.0 X 204652 0 18379 DANIEL KAVANAUGH SR VP CHIEF SALES/MKT OFFICER 40.0 5.0 X 195473 0 21884 CAMERON MINGES CHIEF STRATEGY OFFICER 40.0 5.0 X 185429 0 6102 BRIAN WILSON VP OF FINANCE 40.0 0.0 X 126923 0 6537 DUSTY SIMMONS VP OF MEMBERSHIP DEVELOPMENT 40.0 0.0 X 103039 0 7725 EDWARD VALASEK VP OF INFORMATION TECHNOLOGY 40.0 0.0 X 154984 0 8513 JENNIFER RUE VP OF ERM 40.0 0.0 X 125710 0 4370 SVEN LEANDER SR VP CHIEF OPERATIONS OFFICER 40.0 0.0 X 138242 0 16322 GINA JOHNSON VP OF HUMAN RESOURCES 40.0 0.0 X 101180 0 7262 DEWEY WILLIAMS VP OF LENDING 40.0 0.0 X 95062 0 9715 GABRIEL ARELLANO MANAGING DIRECTOR OF E SERVICE 40.0 0.0 X 116191 0 13397 JOAN KERULIS DIRECTOR OF INTERNAL AUDIT 40.0 0.0 X 104781 0 9752 JOHN OSBORN II DIRECTOR OF APPLICATION DEV 40.0 0.0 X 113720 0 5623 MARLA TACKETT DIRECTOR OF STRATEGIC DEV 40.0 0.0 X 107351 0 3694 JOE PERRIN COMMERCIAL LENDING MANAGER 40.0 0.0 X 101561 0 9279 2400222 0 344395 16 false true false FISERV 75 REMITTANCE DRIVE SUITE 1649 CHICACO IL 606756943 DATA PROCESSING 1092506 STAR SYSTEMS INC 1100 CARR RD FC 88-1-3-90 WILMINGTON DE 19809 DEBIT CARD PROCESS 820818 SWBC AP ACCOUNT SERVICES LLC PO BOX 7950 SAN ANTONIO TX 78279 COLLECTION SERVICES 332346 PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CRD PROCESS 514595 VISA - FINANCIAL CENTER PO BOX 660493 DALLAS TX 752660493 CREDIT CRD PROCESS 332346 10 0 FEES AND OTHER CHARGES 522100 5242196 5173116 69080 INTERCHANGE INCOME 522100 2376097 2376097 INSURANCE COMMISSIONS 524298 502465 366507 135958 INTEREST INCOME 522100 23427429 23427429 INVESTMENT SERVICE FEES 522100 228321 205945 22376 602900 322408 280492 32379408 0 0 0 0 0 0 112154 83954 28200 28200 28200 0 0 0 0 0 0 0 0 0 0 32407608 31899702 507906 22500 0 0 0 2266619 0 6903191 414152 1216672 665909 0 261271 73786 0 0 0 0 858150 2274763 2640502 0 885794 363745 0 2314 3663058 0 1367031 0 CREDIT CARD PROCESSING 415985 COLLECTION AND LOAN EXPENSES 428405 BAD DEBT EXPENSE 3203063 OTHER 758260 28685170 20310726 22884075 41285401 50779389 0 0 1289368 1423858 0 0 0 0 447375077 454583606 0 0 4447052 4527969 18677352 12508033 6298140 6169319 0 0 13127987 11481344 0 0 950007 870266 7263759 7507213 542347517 560227039 3502273 3270876 0 0 0 0 0 0 0 0 0 0 0 0 0 0 472177772 486630383 475680045 489901259 X 0 0 0 0 66667472 70325780 66667472 70325780 542347517 560227039 3722438 -64130 X false true X true false 5100 5100 5100 false GREATER GREENWOOD CHAMBER OF COMMERCE 65 AIRPORT PARKWAY STE 140 GREENWOOD IN 46143 351606081 1900 GREATER LAWRENCE CHAMBER OF COMMERCE 9120 OTIS AVE LAWRENCE IN 46216 351620533 3200 SCHEDULE C, PART I-C, LINE 2 DESCRIPTION OF DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: FINANCIAL CENTER FIRST CREDIT UNION CONTRIBUTED $1,900 TO THE GREATER GREENWOOD CHAMBER OF COMMERCE; $3,200 TO THE GREATER LAWRENCE CHAMBER OF COMMERCE. 1048554 1048554 6340595 3430150 2910445 1355125 1342143 12982 9933078 7735740 2197338 6169319 0 FIXED BORROWINGS FHLB 18000000 SHARES 468630383 486630383 32343478 -64130 -64130 32407608 32407608 28685170 28685170 28685170 SCHEDULE D, PART X FIN 48 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true INDIANA MILITARY VERTERAN'S HALL OF FAME PO BOX 269098 INDIANAPOLIS IN 46226 800930419 501(C)(3) 10000 GENERAL OPERATING SUPPORT MOZEL SANDERS FOUNDATION 709 N BELMONT AVE INDIANAPOLIS IN 46222 352025644 501(C)(3) 7500 GENERAL OPERATING SUPPORT 2 SCHEDULE I, PART I, LINE 2 ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: FINANCIAL CENTER FIRST CREDIT UNION PROVIDES GENERAL SUPPORT TO SECTION 501(C)(3) TAX EXEMPT ORGANIZATIONS AND VERIFIES THE ORGANIZATIONS STATUS USING THE GUIDESTAR WEBSITE. X true true X X X false true false JAMES RYAN CEO 314074 0 32356 0 24294 0 181128 0 14713 0 566565 0 0 0 MICHAEL NELSON CFO 179052 0 24293 0 1307 0 6479 0 11900 0 223031 0 0 0 DANIEL KAVANAUGH SR VP CHIEF SALES/MKT OFFICER 155328 0 18171 0 21974 0 5784 0 16100 0 217357 0 0 0 CAMERON MINGES CHIEF STRATEGY OFFICER 167556 0 16453 0 1420 0 6102 0 0 0 191531 0 0 0 EDWARD VALASEK VP OF INFORMATION TECHNOLOGY 143349 0 10779 0 856 0 5032 0 3481 0 163497 0 0 0 SVEN LEANDER SR VP CHIEF OPERATIONS OFFICER 121494 0 15824 0 924 0 1968 0 14354 0 154564 0 0 0 SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS: BOARD MEMBERS AND PRESIDENT/CEO SPOUSES/SIGNIFICANT OTHERS ARE ALLOWED TO TRAVEL WITH BOARD. SPOUSAL AIRFARE/REGISTRATION WAS REPORTED ON FORM 1099-MISC IF MINIMUM REPORTING THRESHOLD MET. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: INCLUDED IN THE CEO'S DEFERRED COMPENSATION ARE EARNINGS IN THE AMOUNT OF $171,532 IN A NONQUALIFIED 457(F) PLAN. FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS: THERE IS ONE CLASS OF MEMBERS. EACH ELIGIBLE MEMBER RECEIVES A VOTE TO ELECT THE BOARD OF DIRECTORS. THERE WERE 62,236 CREDIT UNION MEMBERS IN 2018. FORM 990, PART VI, SECTION A, LINE 7A WHO CAN ELECT MEMBERS OF THE GOVERNING BODY: ALL ELECTIONS OF BOARD MEMBERS ARE DETERMINED BY PLURALITY VOTE. IRRESPECTIVE OF THE NUMBER OF SHARES, NO MEMBER HAS MORE THAN ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS: REGULATORY ITEMS SUCH AS CHANGES TO THE CREDIT UNION CHARTER AND MERGERS ARE SUBJECT TO APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW FORM 990: THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND VP OF FINANCE AND IS SHARED WITH THE BOARD PRIOR TO BEING FILED. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: CONFLICT OF INTEREST QUESTIONNAIRES ARE ANNUALLY OBTAINED AND REVIEWED WITH ALL MEMBERS OF THE BOARD OF DIRECTORS, SENIOR EXECUTIVE MANAGEMENT, AND VICE PRESIDENTS. ALL PERSONS IN THESE JOB CLASSIFICATIONS ARE REQUIRED TO COMPLETE A DISCLOSURE FORM WITH REGARD TO ACCOUNTS HELD, ACTIVE LOANS, AND ANY ADDITIONAL OUTSIDE OCCUPATIONS. THESE DOCUMENTS ARE SUBMITTED FOR REVIEW. POLICY INCLUDES STEPS TO AVOID CONFLICT OF INTEREST AND IF CHANGES OCCUR REGARDING POTENTIAL CONFLICTS OF INTEREST, IT IS THE RESPONSIBILITY OF THE DIRECTOR, COMMITTEE MEMBER, OR EMPLOYEE TO REPORT SUCH CHANGES TO THE PROPER CHANNEL. FORM 990, PART VI, SECTION B, LINE 15A PROCESS TO DETERMINE PRESIDENT/CEO COMPENSATION: THE PROCESS FOR DETERMINING COMPENSATION WAS DONE USING COMPARABILITY DATA AND AN INTERNAL JOB EVALUATION COMMITTEE. THE SALARY OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER IS THEN APPROVED BY THE BOARD OF DIRECTORS. THE PRESIDENT'S SALARY WAS LAST REVIEWED ON MARCH 18, 2019. FORM 990, PART VI, SECTION B, LINE 15B PROCESS TO DETERMINE OFFICER AND KEY EMPLOYEE COMPENSATION: THE PROCESS FOR DETERMINING COMPENSATION WAS DONE USING COMPARABILITY DATA AND AN INTERNAL JOB EVALUATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF GOVERNING DOCUMENTS, COI POLICY, & FINANCIAL STATEMENTS: THE ORGANIZATION'S ARTICLES OF INCORPORATION, CODE OF REGULATION, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL CENTER SERVICES LLC 7101 E 56TH ST INDIANAPOLIS IN 46226 900185743 INSURANCE IN 406803 1288337 FCFCU FINANCIAL CENTER ALLIANCE GROUP LLC 7101 E 56TH ST INDIANAPOLIS IN 46226 830536175 IT CONSULTING IN 98400 107936 FCFCU