2018-11-15T13:11:24-06:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2017-01-01 860189823 FIRST AMERICAN CREDIT UNION FIRS 5208368848 958 E RODEO ROAD CASA GRANDE AZ 85122 PHIL PETERS ACTING CEO 5208368848 2018-11-13 1 MARY C GREEN P00447183 6022662248 67.137.57.251 2018-11-13 13:15:59 US P FC99DD87B5E9F2B90F32DBB532AB4495C58F9BCB 22B95CEE0D9897181ECB15AC345961CB2AA02439 2017 2019-02-21 02:37:17Z PHIL PETERS 958 E RODEO ROAD CASA GRANDE AZ 85122 7759509 0 X WWW.FIRSTAMERICAN.ORG X 1962 AZ A NON-PROFIT COOPERATIVE THAT PROVIDES BANKING PRODUCTS AND SERVICE TO ITS MEMBERSHIP. 8 7 69 10 76155 -36963 0 0 5581286 6806527 334327 445766 0 0 5915613 7252293 0 0 0 399230 2027551 2678954 0 0 0 4044693 5641158 6072244 8719342 -156631 -1467049 104788863 87508382 96748998 80955648 8039865 6552734 X 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. 1 1 FIRST AMERICAN CREDIT UNION IS A NON-PROFIT COOPERATIVE FULLY OWNED BY APPROXIMATELY 17,000 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 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 0 69 1 1 1 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 0 0 AZ X TONYA KRUSE 5208368848 958 E RODEO RD 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 40.00 X X 198890 0 30676 MARYBETH GITTINGS CFO (RESIGNED 3/17) 40.00 X 32468 0 3097 PHIL PETERS COO 40.00 X 91410 0 13651 322768 0 47424 1 0 1 0 FISERV PO BOX 80123 CITY OF INDUSTRY CA 91716 CORE SYSTEM SERVICES 602018 VANTIV 500 NORTH JUNIPER DRIVE SUITE 100 CHANDLER AZ 85226 DEBIT/CREDIT CARD PROCESSING 379347 DIRECT DIGITAL 1905 WEST 3RD STREET TEMPE AZ 85281 STATEMENT MAILING 101190 3 LOAN INCOME 522100 3458656 3458656 MEMBER FEE INCOME 522100 3347871 3271716 76155 6806527 439858 439858 513124 507216 5908 5908 5908 7252293 6730372 76155 445766 399230 370192 1886082 28881 199951 193848 95695 39574 145966 148877 510515 493340 617735 31401 2169 312210 44243 PROVISION FOR LOAN LOSS 1601702 BANK AND CREDIT CARD FE 460768 LOAN FEES 425803 LOSS ON DISPOSAL OF ASS 109846 601314 8719342 4031675 2236011 8418675 8588611 65775700 59321140 138837 117376 2551419 1364006 1808827 1187413 10025580 9597962 13350509 4940509 1239060 1519360 104788863 87508382 1213140 1648127 95535858 79307521 96748998 80955648 X 0 0 0 0 8039865 6552734 8039865 6552734 104788863 87508382 -1467049 -20082 0 X 0 1 X 1 0 240114 240114 802438 580781 221657 247530 120032 127498 1212077 663193 548884 49260 49260 1187413 HELD-TO-MATURITY SECURITIES 248000 C PERPETUAL CONTRIBUTED CAPITAL ACCOUNT 210509 C CERTIFICATES OF DEPOSIT IN OTHER FINANCIAL INSTITUTIONS 4482000 C 4940509 MEMEBER SHARE AND SAVINGS ACCOUNT 79307521 79307521 X 7252293 0 7252293 0 7252293 8719342 0 8719342 0 8719342 PART X, LINE 2: THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2017. X X 0 0 0 ANTHONY WALKER PRESIDENT/CEO 168014 0 0 0 30876 0 16272 0 14404 0 229566 0 22120 0 FORM 990, PART III, LINE 2 WE UPGRADED OUR CORE SYSTEM IN DEC 2017. WITH A NEW CORE SYSTEM WE ARE NOW ABLE TO OFFER MORE PRODUCTS SUCH AS MOBILE DEPOSITS AND EXTERNAL TRANSFERS AS WELL AS MANY OTHER ENHANCED FEATURES. FORM 990, PART III, LINE 3 WE UPGRADED OUR CORE SYSTEM IN DEC 2017 WHICH MADE OUR CREDIT UNION MORE INNOVATIVE AND EFFICIENT. WE NOW OFFER MORE EFFICIENT PRODUCTS AND SERVICES TO OUR MEMBERS SUCH AS EXTERNAL TRANSFERS, MOBILE DEPOSITS, AND A NEW ONLINE BANKING PLATFORM. OUR NEW ONLINE AND ELECTRONIC BANKING PRODUCTS OFFER EASIER NAVIGATION AND ENHANCED FUNCTIONS TO OUR MEMBERSHIP. 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 EXECUTIVE ASSISTANT WILL REVIEW THE FORM 990. THE ACTING CEO WILL APPROVE THE FORM 990. THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE FORM 990 BEFORE 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. 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 9785 6303 FIRST AMERICAN CREDIT UNION