2019-05-01T14:03:19-05:00 2018-12-31 382492570 DOEREN MAYHEW 12060 S W 129TH COURT STE 201 MIAMI FL 331864582 990 2018-01-01 866050693 CANYON STATE CREDIT UNION CANY 6235806000 3440 W DEER VALLEY RD PHOENIX AZ 85027 DAVID SKILTON CFO 6235806000 2019-04-30 1 DOUGLAS J ORTH P01076394 3052328272 104.11.88.150 2019-04-30 16:18:23 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A7DB26C3BB201601930FCFA0C4651552B54C26A2 2018 2019-02-21 02:37:17Z JANE DOBBS 3440 W DEER VALLEY RD PHOENIX AZ 85027 10968236 0 X WWW.CANYONSTATECU.ORG X 1951 AZ PROVIDE CREDIT TO MEMBERS, PROMOTE THRIFT TO MEMBERS AND PROVIDE FINANCIAL SERVICES TO MEMBERS. 7 7 86 9 137866 0 0 0 8483513 8257311 1415283 1939606 0 771319 9898796 10968236 0 0 0 0 4266029 4194736 0 0 0 5628217 6358712 9894246 10553448 4550 414788 194819419 193259289 177618358 175837033 17201061 17422256 PROVIDE CREDIT TO MEMBERS, PROMOTE THRIFT TO MEMBERS AND PROVIDE FINANCIAL SERVICES TO MEMBERS. 0 0 PROVIDED CREDIT IN 2018 TO 2,462 MEMBERS TOTALING $54,661,205. AT DECEMBER 31, 2018 8,264 MEMBERS HAD OUTSTANDING LOANS TOTALING $109,271,919. PROMOTE THRIFT TO 18,454 MEMBERS WITH TOTAL DEPOSITS OF $154,102,804 AT DECEMBER 31, 2018. PROVIDE FINANCIAL SERVICES INCLUDING CHECKING ACCOUNTS, ATM/DEBIT CARDS, CREDIT CARDS, SAVINGS ACCOUNTS, CERTIFICATES OF DEPOSIT AND MONEY MARKET ACCOUNTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 3185 0 1 86 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 0 1 1 1 1 1 0 X DAVID SKILTON 6235806000 3440 W DEER VALLEY RD PHOENIX AZ 85027 MYRON MUSFELDT CHAIRPERSON 2.00 X 0 0 0 CAROL WARD DIRECTOR 2.00 X 0 0 0 JERRY HARTRIM BOARD VICE CHAIR 2.00 X 0 0 0 RAE KINSMAN BOARD SECRETARY 2.00 X 0 0 0 PAUL WATERMAN DIRECTOR 2.00 X 0 0 0 ANDREW ROBERTS DIRECTOR 2.00 X 0 0 0 LORENZO SIERRA DIRECTOR 2.00 X 0 0 0 ERICA GIBBONS BOARD TREASURER 2.00 X 0 0 0 DAVID MATSON DIRECTOR & SUPERVISORY CHAIRMAN 2.00 X 0 0 0 JANE DOBBS CEO 40.00 X 215951 0 18396 CRISTIAN HERNANDEZ CFO 40.00 X 140391 0 13245 ANTHONY ROCHA FINANCIAL ADVISOR 40.00 X 134568 0 6818 TERESA TROSTEL VP RISK MANAGEMENT 40.00 X 100422 0 6164 591332 0 44623 4 0 1 0 FISERV PO BOX 80123 CITY OF INDUSTRY CA 91716 CORE SYSTEM CONVERSION 591714 STAR SYSTEMS INC 1100 CARR RD FC 88-1-3-90 WILMINGTON DE 19809 DEBIT CARD PROCESSING 498754 ALKAMI TECHNOLOGY INC PO BOX 670397 DALLAS TX 75267 TECHNOLOGY SERVICES 213950 MARICOPA COUNTY TREASURER 301 W JEFFERSON ST 330 PHOENIX AZ 85003 TAXES 103770 4 INCOME ON LOANS 522100 4955872 4955872 FEES AND CHARGES 522100 3163573 3163573 UNRELATED SHARED BRANCHING 525990 77267 77267 UNRELATED WARRANTY INSURANCE INCO 524298 38400 38400 UNRELATED NON MEMBER ATM INCOME 900099 22199 22199 8257311 1939606 1939606 MISCELLANEOUS INCOME 522100 771319 771319 771319 10968236 8890764 137866 1939606 387983 3088527 187130 269991 261105 15989 69000 150140 105228 632754 1047396 285267 61181 16684 1026136 45364 437485 55248 PROVISION FOR LOAN LOSS 940663 CARD PROGRAM EXP 751686 LOAN SERVICING 255787 VISA CARD EXPENSES 207866 254838 10553448 946432 1055366 6681168 4727216 332590 140510 101483403 108260880 301160 225528 11184138 6094752 4864265 5089386 75131474 68449686 1930013 1423713 3148914 3887004 194819419 193259289 1837235 1584228 21925000 20150000 153856123 154102805 177618358 175837033 X 0 0 0 0 17201061 17422256 17201061 17422256 194819419 193259289 414788 -193593 0 X X 0 1 X 1 0 0 1492701 1492701 4772072 2068715 2703357 93864 68358 25506 4825501 3957679 867822 5089386 SHARES 60097071 SHARE DRAFTS 37268858 MONEY MARKET 30987610 IRA SHARE ACCOUNTS 2913140 IRA CERTIFICATES 3234327 CERTIFICATES 19601799 154102805 X 10968236 0 10968236 0 10968236 10553448 0 10553448 0 10553448 PART X, LINE 2: THE CREDIT UNION IS EXEMPT, UNDER INTERNAL REVENUE CODE 501(C)(14), FROM FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE AND HAS MINIMAL NET OPERATING LOSS CARRYFORWARD AS OF THE 2017 CALENDAR YEAR. THE TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES, AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING INCOME TAXES ON THE NET TAXABLE INCOME FROM ACTIVITIES POTENTIALLY DEEMED TO BE UNRELATED TO THE CREDIT UNION'S EXEMPT PUPOSE IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF SEPTEMBER 30, 2018 AND 2017. THE CREDIT UNION'S 2015 THROUGH 2017 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. X X 0 0 0 JANE DOBBS CEO 208681 0 0 0 7270 0 0 0 18396 0 234347 0 0 0 CRISTIAN HERNANDEZ CFO 140391 0 0 0 0 0 0 0 13245 0 153636 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 EMPLOYEES OF ARIZONA STATE GOVERNMENT, SAFEWAY AND THEIR FAMILIES, AND PEOPLE WHO LIVE, WORK OR WORSHIP NEAR THE CREDIT UNION'S BRANCHES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT A BOARD OF DIRECTORS TO GOVERN THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7B BYLAW CHANGES MUST BE APPROVED AT A MEETING OF MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B UPON RECEIPT OF THE COMPLETED FORM 990, MANAGEMENT REVIEWS THE DOCUMENT FOR ACCURACY AND REASONABLENESS. ONCE THIS REVIEW IS COMPLETED, THE FORM 990 IS FILED WITH THE IRS. THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT A LATER BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS RECUSE THEMSELVES IF THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS PERFORM AN ANNUAL REVIEW OF THE CEO AND DETERMINE COMPENSATION BASED UPON PERFORMANCE AND TRUSTED INDUSTRY SOURCES TO ENSURE THEY ARE REASONABLE IN THEIR DECSIONS. CEO PERFORMS AN ANNUAL REVIEW OF OTHER KEY PERSONNEL AND ESTABLISHES COMPENSATION BASED UPON PERFORMANCE, INDUSTRY STANDARDS AND BUDGET RESTRICTIONS ESTABLISHED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED IN OUR LOBBIES AND QUARTERLY ARE AVAILABLE ON THE NCUA WEBSITE, OTHER DOCUMENTS WOULD BE PROVIDED UPON REQUEST. 990, PART XII, LINE 2C THE CREDIT UNION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.