2019-11-15T14:40:14-06:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2018-01-01 860189823 FIRST AMERICAN CREDIT UNION FIRS 5208368848 1001 N PINAL AVENUE CASA GRANDE AZ 85122 PHIL PETERS PRESIDENT/CEO 5208368848 2019-11-11 1 MARY C GREEN P00447183 6022662248 67.137.57.251 2019-11-11 15:18:29 US P FD94BE241EB30D59D427851B854338419E5FBD2E 1B5C3D789EA1CAB95545BA7E5C79790E16AB9CAF 2018 2020-03-31 21:24:44Z X PHIL PETERS 1001 N PINAL AVENUE CASA GRANDE AZ 85122 6229083 0 X WWW.FIRSTAMERICAN.ORG X 1962 AZ A NON-PROFIT COOPERATIVE THAT PROVIDES BANKING PRODUCTS AND SERVICE TO ITS MEMBERSHIP. 7 7 57 9 65691 0 0 0 6806527 5636004 445766 247853 0 0 7252293 5883857 0 0 399230 269568 2678954 2094138 0 0 0 5641158 4742343 8719342 7106049 -1467049 -1222192 87508382 78024900 80955648 72800789 6552734 5224111 FIRST AMERICAN CREDIT UNION IS A NON-PROFIT COOPERATIVE THAT PROVIDES BANKING PRODUCTS AND SERVICES TO ITS MEMBERSHIP. OUR MISSION IS TO CREATE FINANCIAL INDEPENDENCE, PROMOTE DIVERSITY AND ASSIST HARD-WORKING FAMILIES. 0 0 FIRST AMERICAN CREDIT UNION IS A NON-PROFIT COOPERATIVE FULLY OWNED BY APPROXIMATELY 15,000 MEMBERS. THE CREDIT UNION PROVIDES A VARIETY OF BANKING SERVICES, SUCH AS CONSUMER LENDING, BILL PAYMENT, MOBILE/HOME BANKING, DEPOSIT/TRANSACTIONAL ACCOUNTS, IRA ACCOUNTS, DEBIT/CREDIT CARD SERVICES, ATM AND OTHER FINANCIAL SERVICES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 18 0 57 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 1 1 1 1 1 1 1 0 0 X TONYA KRUSE 5208368848 1001 N PINAL AVENUE CASA GRANDE AZ 85122 JR MCEVOY CHAIRMAN 1.00 X X 0 0 0 CLIFF KINSER VICE-CHAIRMAN 1.00 X X 0 0 0 JANICE WEAVER SECRETARY 1.00 X X 0 0 0 SYLVIA MEJIA TREASURER 1.00 X X 0 0 0 JOSEPH HARDY DIRECTOR 1.00 X 0 0 0 DUANE WALLACE DIRECTOR 1.00 X 0 0 0 STEVE HUDSON DIRECTOR 1.00 X 0 0 0 ANTHONY WALKER PRESIDENT/CEO (RESIGNED 3/13/18) 40.00 X X 139460 0 7813 PHIL PETERS PRESIDENT/CEO 40.00 X 105000 0 13396 SARAH HORTEN CLO (RESIGNED 3/2/18) 40.00 X 27256 0 4356 FRANK MESQUITA CFO 40.00 X 73967 0 10615 345683 0 36180 2 0 0 0 VANTIV 500 NORTH JUNIPER DRIVE SUITE 100 CHANDLER AZ 85226 DEBIT/CREDIT CARD PROCESSING 355924 CU PRODIGY 209 E GORDON AVE LOAYTON UT 84041 CORE DATA SYSTEM SERVICES 228270 FIKE BUILDERS LLC 2020 9TH STREET COOLIDGE AZ 85128 CONSTRUCTION/MISC REPAIRS AND BUILDINGS 165426 3 LOAN INCOME 522100 3019920 3019920 FEE INCOME 522100 2616084 2550393 65691 5636004 338237 338237 254842 345226 -90384 -90384 -90384 5883857 5570313 65691 247853 269568 381862 1308508 54190 208442 141136 108424 32657 151009 52991 333956 330562 569106 10241 949 9398 282920 45759 PROVISION FOR LOAN LOSS 1339066 INTERCHANGE TERMINAL 372450 LOAN FEES 368739 BANK AND CREDIT CARD FE 360295 373821 7106049 2236011 2515620 8588611 8302299 59321140 52428175 117376 58967 2700973 1472048 1187413 1228925 9597962 8301200 4940509 3945509 1519360 1244205 87508382 78024900 1648127 626930 79307521 72173859 80955648 72800789 X 0 0 0 0 6552734 5224111 6552734 5224111 87508382 78024900 -1222192 -106431 0 X 0 1 X 1 0 390114 390114 1095061 614722 480339 37046 13792 23254 1178752 843534 335218 1228925 PERPETUAL CONTRIBUTED CAPITAL ACCOUNT 210509 C CERTIFICATES OF DEPOSIT IN OTHER FINANCIAL INSTITUTIONS 3735000 C 3945509 MEMEBER SHARE AND SAVINGS ACCOUNT 72173859 72173859 X PART X, LINE 2: THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2018. FORM 990, PART VI, SECTION A, LINE 6 COMMUNITY BASED CHARTER SERVING THE FOLLOWING, BUT NOT LIMITED TO PINAL COUNTY, PERSONS WORKING OR LIVING ON TRIBAL LANDS, FEDERAL EMPLOYEES, EMPLOYEES OF INDIAN TRIBES WHOSE CAPITAL IS LOCATED IN THE STATE OF ARIZONA AND PERSONS SPONSORED BY A MEMBER OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT BOARD OF DIRECTORS AT THE ANNUAL BOARD MEETINGS. FORM 990, PART VI, SECTION A, LINE 7B BYLAW AMENDMENTS MUST BE RATIFIED BY MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE CREDIT UNION'S ACCOUNTING MANAGER AND DIRECTOR OF ADMINISTRATION WILL REVIEW THE FORM 990. THE PRESIDENT/CEO WILL APPROVE THE FORM 990. THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS AN ETHICS AND WHISTLEBLOWER POLICY WHICH MANDATES THAT EACH OFFICIAL AND EMPLOYEE OF THE CREDIT UNION MUST SIGN UPON WORKING WITH THE CREDIT UNION. EACH BOARD MEMBER AND EMPLOYEE MUST RESIGN AN UPDATED STATEMENT ANNUALLY. THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY AND DISCUSSED IN AWARENESS MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING AND APPROVING THE COMPENSATION OF THE CEO. THE BOARD REVIEWS AN ANALYSIS OF 990'S FROM STATE CHARTERED CREDIT UNIONS TO DETERMINE THE CEO'S COMPENSATION. THE BOARD CHAIRMAN DOCUMENTS THE COMPENSATION AMOUNTS. THE CEO REVIEWS AND APPROVES ALL OTHER COMPENSATION IN ACCORDANCE WITH THE BOARD APPROVED BUDGET. OTHER OFFICER AND KEY EMPLOYEE'S COMPENSATION IS BASED ON A FORMAL REVIEW THAT IS COMPLETED BY THE CEO. THERE IS A REVIEW OF INDUSTRY SPECIFIC SALARY SURVEY INFORMATION AND IS PERFORMED BY THE CEO WITH THE DECISION DOCUMENTED IN THE EMPLOYEE FILE AND PAYROLL SYSTEM. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES ITS CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. FIRST AMERICAN ASSURANCE AGENCY LLC 1001 N PINAL AVENUE CASA GRANDE AZ 85122 471089501 INSURANCE AZ 1705 7649 FIRST AMERICAN CREDIT UNION