2019-09-23T08:38:34-05:00 2018-12-31 382492570 DOEREN MAYHEW 12060 SW 129 CT STE 201 MIAMI FL 33186 990 2018-01-01 590637646 CAMPUS USA CREDIT UNION CAMP 3523359090 14007 NW 1ST ROAD JONESVILLE FL 32669 JENNIFER HUNT CFO 3523359090 2019-09-20 1 DOUGLAS J ORTH P01076394 3052328272 64.95.240.2 2019-09-20 11:06:50 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A7DB26C3BB201601930FCFA0C4651552B54C26A2 2018 2019-02-21 02:37:17Z JERRY BENTON 14007 NW 1ST ROAD JONESVILLE FL 32669 91010461 0 2106 X WWW.CAMPUSCU.COM X 1935 FL CAMPUS USA IS A NON-PROFIT FINANCIAL INSTITUTION PROVIDER. IT HAS SIX COUNTIES FOR MEMBERSHIP WITH COMPETITIVE SAVINGS AND LOAN OPTIONS ALONG WITH EXCEPTIONAL MEMBER SERVICE. 7 7 392 11 165904 0 0 0 70976553 80958674 4144185 4212164 1784755 2161942 76905493 87332780 297788 260694 0 0 25460001 26412240 0 0 0 34626376 39432218 60384165 66105152 16521328 21227628 1654986507 1849798086 1459813772 1636825590 195172735 212972496 THE MISSION OF OUR CREDIT UNION IS TO RESPOND TO THE NEEDS OF THE MEMBERSHIP BY OFFERING THE BEST FINANCIAL SERVICES. OUR CREDIT UNION IS A NOT-FOR-PROFIT SERVICE ORGANIZATION WHICH MAINTAINS A STRONG FINANCIAL FOUNDATION. 0 0 INCOME FROM THE CREDIT UNION MEMBERSHIP AND INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 0 1 25494 0 1 392 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X JERRY BENTON 3523359090 14007 NW 1ST ROAD JONESVILLE FL 32669 PRINCE HINSON DIRECTOR 2.50 X 0 0 0 MARK WALDORFF DIRECTOR 2.50 X 0 0 0 RUBEN RAMOS VICE CHAIR 2.50 X 0 0 0 JAY HUTTO DIRECTOR 2.50 X 0 0 0 KEITH BIRKETT CHAIR 2.50 X 0 0 0 PAULA WELCH DIRECTOR 2.50 X 0 0 0 RUBY PUCKETT DIRECTOR 2.50 X 0 0 0 JERRY W BENTON CEO 40.00 X 586174 0 138483 JENNIFER L HUNT CFO 40.00 X 263284 0 71357 JAMES L THACKREY CTO 40.00 X 240339 0 73794 JEFFERY A THIEMAN COO 40.00 X 273768 0 75741 JILL E HARPER CHIEF HR OFFICER 40.00 X 238210 0 68081 GABRIEL W HAMLETT GENERAL COUNSEL 40.00 X 226637 0 66334 FREDERICK E HILTON INVESTMENT SERVICES MANAGER 40.00 X 263514 0 40383 DAVID M BARBER VP COMMERCIAL LOAN MANAGER 40.00 X 164739 0 30757 ROSS JONES VP CONSUMER LENDING 40.00 X 142940 0 28358 MARLON AWUMA FINANCIAL ADVISOR 40.00 X 135583 0 27984 PETER SUBACH SPECIAL ACCOUNTS MANAGER 40.00 X 134344 0 19300 2669532 0 640572 18 0 1 0 ADVANCED SYSTEMS 11 SW 1 STREET WILLISTON FL 32696 SECURITY SYSTEMS/ATM 2452066 Q2EBANKING PO BOX 205970 DALLAS TX 75320 ONLINE BANKING 878020 JACK HENRY AND ASSOCIATES PO BOX 609 MONETT MO 65708 CORE SYSTEM SOFTWARE 772290 SHI INTERNATIONAL CORP PO BOX 952121 DALLAS TX 75395 IT HARDWARE/MAINTENANCE 657331 DELL BUSINESS CREDIT PO BOX 5275 CAROL STREAM IL 60197 IT HARDWARE/MAINTENANCE 429787 38 INTEREST ON LOANS 522100 63781663 63781663 FEES/CHARGES 522100 17011107 17011107 NON-MEMBER ATM FEES 522200 74230 74230 INVESTMENT SERVICES FOR NON-MEMBE 523000 52639 52639 MECHANICAL BREAKDOWN INSURANCE 524298 39035 39035 80958674 4248327 4248327 3412689 228829 3454192 223489 -41503 5340 -36163 -36163 OTHER INCOME 522100 2161942 2161942 2161942 87332780 87166876 165904 0 X 260694 2322202 17544726 2539849 2607955 1397508 22859 170359 124137 477861 1696404 5424038 2463807 12646655 179000 2859177 350254 PROVISION FOR LOAN LOSS 5350000 LOAN SERVICING 3292280 DEBIT CARD SERVICES 1373203 NEGATIVE SHARES COURTES 1185103 1817081 66105152 5203704 8907356 86187660 88832198 4915455 11264854 1376107055 1555958932 2709035 1846054 69678032 24013678 45309669 45664354 110237310 91540142 8571046 23622873 15745573 22161323 1654986507 1849798086 26869738 25067949 35000000 35000000 1397944034 1576757641 1459813772 1636825590 X 0 0 0 0 195172735 212972496 195172735 212972496 1654986507 1849798086 X 21227628 -1786665 -1641202 X X 0 1 X 1 0 4000 4000 4000 1 LEAGUE OF SOUTHEASTERN CREDIT UNIONS & AFFILIATES FEDPAC 3692 COOLIDGE COURT TALLAHASSEE FL 32311 4000 12351972 12351972 38852496 11989001 26863495 3093454 2280130 813324 14779285 9169885 5609400 600825 574662 26163 45664354 SHARE DRAFTS 240758976 SHARE AND EQUIVALENTS 544035055 MONEY MARKET ACCOUNTS 147336960 IRA SHARES 35679376 SHARE AND IRA CERTIFICATES 608947274 1576757641 X 87332780 0 87332780 0 87332780 66105152 0 66105152 0 66105152 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL AND STATE INCOME TAXES. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (UBI) DERIVED BY STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008, THE INTERNAL REVENUE SERVICE (IRS) RELEASED TECHNICAL ADVICE MEMORANDUMS (TAMS) TO SPECIFIC STATE-CHARTERED CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS ASSESSED THE CREDIT UNION'S ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2017, 2016, AND 2015 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS. THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS. 1 MARCH OF DIMES 1831 NW 13 STREET GAINESVILLE FL 32609 131846366 501(C)(3) 30388 CHARITABLE CONTRIBUTION CHILDREN'S MIRACLE NETWORK PO BOX 100386 GAINESVILLE FL 32610 591943502 501(C)(3) 135270 CHARITABLE CONTRIBUTION AM HEART 10460 ROOSEVELT BLVD N 306 ST PETERSBURG FL 33716 135613797 501(C)(3) 19360 CHARITABLE CONTRIBUTION ELDERCARE OF ALACHUA COUNTY INC 5701 NW 34 BLVD GAINESVILLE FL 32653 593051104 501(C)(3) 6000 CHARITABLE CONTRIBUTION KIDS INCORPORATED OF THE BIG BEND 2326 CENTERVILLE RD TALLAHASSEE FL 32308 237411715 501(C)(3) 11200 SPONSORSHIP AMERICAN CANCER SOCIETY 2119 SW 16 STREET GAINESVILLE FL 32608 131788491 501(C)(3) 9176 CHARITABLE CONTRIBUTION BREAD OF THE MIGHTY FOOD BANK PO BOX 5086 GAINESVILLE FL 32627 592805577 501(C)(3) 5600 CHARITABLE CONTRIBUTION FIVE POINTS OF LIFE FOUNDATION 4039 NEWBERRY RD GAINESVILLE FL 32607 272091960 501(C)(3) 8000 SPONSORSHIP HUNGER FIGHT 2935 DAWN RD JACKSONVILLE FL 32207 461338834 501(C)(3) 5500 SPONSORSHIP BOYS AND GIRLS CLUB OF MARION COUNTY PO BOX 4109 OCALA FL 34478 591172127 501(C)(3) 5200 SPONSORSHIP 10 0 X X X 1 1 X X 0 1 0 JERRY W BENTON CEO 460885 0 99780 0 25509 0 120780 0 17703 0 724657 0 0 0 JENNIFER L HUNT CFO 214847 0 42550 0 5887 0 60038 0 11319 0 334641 0 0 0 JAMES L THACKREY CTO 183822 0 42550 0 13967 0 61082 0 12712 0 314133 0 0 0 JEFFERY A THIEMAN COO 224697 0 42550 0 6521 0 59915 0 15826 0 349509 0 0 0 JILL E HARPER CHIEF HR OFFICER 183419 0 42550 0 12241 0 59497 0 8584 0 306291 0 0 0 GABRIEL W HAMLETT GENERAL COUNSEL 170285 0 42550 0 13802 0 50324 0 16010 0 292971 0 0 0 FREDERICK E HILTON INVESTMENT SERVICES MANAGER 196025 0 64942 0 2547 0 24524 0 15859 0 303897 0 0 0 DAVID M BARBER VP COMMERCIAL LOAN MANAGER 124879 0 29364 0 10496 0 15280 0 15477 0 195496 0 0 0 ROSS JONES VP CONSUMER LENDING 107093 0 30280 0 5567 0 13447 0 14911 0 171298 0 0 0 MARLON AWUMA FINANCIAL ADVISOR 122457 0 11882 0 1244 0 12847 0 15137 0 163567 0 0 0 PETER SUBACH SPECIAL ACCOUNTS MANAGER 108522 0 19157 0 6665 0 12141 0 7159 0 153644 0 0 0 PART I, LINE 4B THE FOLLOWING EXECUTIVES PARTICIPATED IN THE 457F PLAN. THE DOLLAR AMOUNT REPORTED IS THE ANNUAL ACCRUAL FOR 2018: J. BENTON $96,030; G. HAMLETT $38,800; J. HARPER $38,800; J. HUNT $38,800; J. THACKREY $38,800; J. THIEMAN $38,800. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B THE CFO IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN AND USES THE CPA FIRM TO HELP COMPLETE THE FINANCIAL ASPECT OF THE RETURN. THE RETURN IS PRESENTED TO THE CREDIT VP OR HR, VP OF OPERATIONS AND TO THE PRESIDENT/CEO. ONCE ALL HAVE COMPLETED THEIR REVIEW AND ANY CORRECTIONS ARE COMPLETED, THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY GOVERNS THE ACTIONS OF DIRECTORS, AUDIT COMMITTEE MEMBERS, ANY OTHER UNPAID MEMBER VOLUNTEERS AND ALL SENIOR MANAGERS OF THE CREDIT UNION. THE POLICY, WHICH IS EXPLICIT IN DETAILING ACTIONS CONSIDERED TO BE CONFLICTS OF INTEREST, IS REVIEWED WITH THE COVERED INDIVIDUALS ANNUALLY. IN ADDITION, EACH COVERED INDIVIDUAL IS ANNUALLY REQUIRED TO COMPLETE AND SIGN A STATEMENT DETAILING ANY POTENTIAL CONFLICTS OF INTEREST OR ANY ACTIONS TAKEN THAT FALL UNDER THE CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REQUIRED TO BE SUBMITTED TO THE AUDIT COMMITTEE CHAIR WHO MAKES A FORMAL REPORT TO THE BOARD OF DIRECTORS. COVERED INDIVIDUALS ARE INSTRUCTED TO DISCUSS ANY POTENTIAL CONFLICTS WITH THE PRESIDENT/CEO OR THE COMPLIANCE OFFICER BEFORE ENTERING INTO ANY ARRANGEMENT THAT COULD BE A POTENTIAL CONFLICT. THE AUDIT COMMITTEE CHAIR MUST GIVE WRITTEN APPROVAL ON A CASE-BY-CASE BASIS. ANY POTENTIAL CONFLICT INVOLVING THE AUDIT COMMITTEE CHAIR REQUIRES WRITTEN APPROVAL BY THE BOARD OF DIRECTORS CHAIR. THE CREDIT UNION HAS ALWAYS MAINTAINED THE POLICY THAT ANY INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS PERTAINING TO THE SUBJECT MATTER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE REVIEW OF THE CEO'S COMPENSATION IS DONE ANNUALLY BY THE BOARD OF DIRECTORS (BOD). THE BOD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AND EACH MEMBER DOES AN INDIVIDUAL REVIEW TO DETERMINE THE CEO'S COMPENSATION. FOR ALL OTHER SENIOR MANAGEMENT, THE CEO USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AS WELL AS AN INTERNAL DEPENDENT SALARY ADMINISTRATION SYSTEM TO DETERMINE THEIR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON WWW.NCUA.GOV VIA THE QUARTERLY 5300 FILING. FORM 990, PART IX, LINE 24E ATM SHARED BRANCHING FEES 907,705. MISCELLANEOUS 423,804. EDUCATION 339,956. PRINTING AND PUBLICATIONS 66,537. AUTOMOBILE EXPENSES 40,132. NCUA INSURANCE PREMIUM ASSESSMENT 38,947. FORM 990, PART XI, LINE 9: NET UNREALIZED LOSSES ON DEFINED BENEFIT PLAN ASSETS -1,031,111. RECLASSIFICATION ADJUSTMENTS FOR GAINS INCLUDED IN NET INCOME -610,091. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.