2018-11-13T15:07:22-06:00 2017-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2017-01-01 930232289 POINT WEST CREDIT UNION POIN 5035465000 5257 NE MLK JR BLVD SUITE 301 PORTLAND OR 97211 SARAH FERGASON VP FINANCE & ADMINISTRATION 5035465000 2018-11-12 1 WENDY CAMPOS P00448102 5032421447 2018-11-07 12.129.7.100 2018-11-12 10:36:49 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E5FA0928A2FC35F014850BBF8B7653D327C9AB0B 2017 2019-02-21 02:37:17Z X SARAH FERGASON 5257 NE MLK JR BLVD SUITE 301 PORTLAND OR 97211 5327394 0 X WWW.POINTWESTCU.COM X 1933 OR TO PERFORM CREDIT UNION ACTIVITIES TO BENEFIT THE MEMBERS OF THE CREDIT UNION AND MAINTAIN THE FINANCIAL INTEGRITY OF THE CREDIT UNION. 7 7 35 9 14282 -21315 0 0 4526430 5082928 2502174 244466 0 0 7028604 5327394 11300 23250 0 0 1738365 1991468 0 0 0 2644663 4069460 4394328 6084178 2634276 -756784 98884895 102212196 89606516 93744657 9278379 8467539 X TO PROMOTE THRIFT AMONG MEMBERS BY AFFORDING THEM THE OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. 0 0 NORMAL CREDIT UNION OPERATIONS, INCLUDING LENDING, DEPOSIT PRODUCTS AND FEE SERVICES FOR THE CREDIT UNION'S MEMBERS. 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 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1718 0 1 35 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 0 0 X SARAH FERGASON 5035465000 5257 NE MLK JR BLVD SUITE 301 PORTLAND OR 97211 SUSAN BROWN CHAIR 1.00 X X 0 0 0 GEORGE HAGER VICE CHAIR 1.00 X X 0 0 0 KAREN SCHILLING SECRETARY 1.00 X X 0 0 0 JOSH KIRBY BOARD MEMBER 1.00 X 0 0 0 MARK OLIVER BOARD MEMBER 1.00 X 0 0 0 PERI THARP BOARD MEMBER 1.00 X 0 0 0 GRAHAM EICHMAN BOARD MEMBER 1.00 X 0 0 0 AMY NELSON CEO, TREASURER 40.00 X 169982 0 9473 SARAH FERGASON VP FINANCE & ADMINISTRATION 40.00 X 8907 0 0 BRIAN GRIFFIS FORMER VP FINANCE & ADMINISTRATION 40.00 X 83809 0 0 262698 0 9473 1 0 1 0 VISA USA INC PO BOX 742233 LOS ANGELES CA 900742233 CARD PAYMENT SERVICES 197204 FISERV PO BOX 99924 GRAPEVINE TX 76099 CORE INFORMATION PROCESSOR 170266 FIS PO BOX 4535 CAROL STREAM IL 601974535 CARD PAYMENT SERVICES 150011 3 INTEREST ON LOANS 522100 3645885 3645885 SERVICE CHARGES & FEES 522100 1331707 1323197 8510 OTHER NONINTEREST INC 522100 105336 99564 5772 5082928 228379 228379 16087 0 16087 16087 16087 5327394 5068646 14282 244466 23250 272171 1385929 19609 181990 131769 12336 45585 520452 143865 212111 43263 268948 101329 273342 118090 56479 LOAN LOSS PROVISION 1064109 MEMBER PRODUCT 917389 LOAN SERVICING 189472 DUES 38565 64125 6084178 4240551 3964964 10191684 7720072 616481 616481 80077819 83782413 5708246 2572703 469577 3135543 1644013 1088860 339229 347429 1305541 1556434 98884895 102212196 894047 1294613 250000 1000000 88462469 91450044 89606516 93744657 X 0 0 0 0 9278379 8467539 9278379 8467539 98884895 102212196 -756784 -54056 0 X 0 1 X 1 0 2500 0 0 2500 2500 1 CREDIT UNION LEGISLATIVE ACTION FUND 13221 SW 68TH PKWY SUITE 400 TIGARD OR 97223 800043051 2500 0 PART I-A, LINE 1: THE CREDIT UNION'S ONLY POLITICAL ACTIVITY IS CONTRIBUTIONS TO THE CREDIT UNION LEGISLATIVE ACTION FUND. 2193759 16757 2177002 573160 42688 530472 844652 639733 204919 2096675 1873525 223150 3135543 MEMBERS' SHARE AND SAVINGS ACCOUNTS 91450044 91450044 X 5327394 0 5327394 0 5327394 6084178 0 6084178 0 6084178 PART X, LINE 2: FIN 48 (ASC 740) UNCERTAIN TAX POSITIONS FOOTNOTE - THE CREDIT UNION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2017 AND 2016. INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS ARE RECOGNIZED BY THE CREDIT UNION AS AN ADMINISTRATIVE EXPENSE. DURING THE YEARS ENDED DECEMBER 31, 2017 AND 2016, THE CREDIT UNION RECOGNIZED NO INTEREST AND PENALTIES. 0 INNOVATION LAW LAB PO BOX 40103 PORTLAND OR 97240 471012852 501(C)(3) 5000 TO SUPPORT IMMIGRATION ACTIVISM METROPOLITAN FAMILY SERVICES 1808 SE BELMONT ST PORTLAND OR 97214 930397825 501(C)(3) 6250 TO SUPPORT ADVOCACY FOR LOW-INCOME COMMUNITIES 2 X X X 0 0 0 AMY NELSON CEO, TREASURER 165482 0 4500 0 0 0 0 0 9473 0 179455 0 0 0 AMY NELSON CEO TO FUND A SPLIT-DOLLAR LIFE INSURANCE POLICY X 616481 616481 0 1 1 616481 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS ONE CLASS OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERSHIP ELECTS THE BOARD OF DIRECTORS FROM AMONG THE CREDIT UNION MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE DECISION TO MERGE WITH ANOTHER ENTITY IS RESERVED FOR THE CREDIT UNION'S MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND VP OF FINANCE & ADMINISTRATION PERFORM A COMPREHENSIVE REVIEW OF THE FORM 990 BEFORE FILING, INCLUDING ANALYSIS OF INCOME AND EXPENSE SOURCE AND USE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST DISCLOSURE IS DISSEMINATED ANNUALLY AT A MINIMUM BY THE EXECUTIVE ASSISTANT; AND AUDITED BY THE INTERNAL AUDITOR AND EXTERNAL EXAMINERS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS RESEARCHES COMPARABLE JOB DUTIES AND SIMILARLY SITUATED FINANCIAL INSTITUTIONS. COMPENSATION DATA IS COLLECTED FROM INDUSTRY SURVEYS, USUALLY PERFORMED BY CUNA OR MILLIMAN. THE CEO'S PERFORMANCE IS EVALUATED AND CONSIDERED WITH THE COMPENSATION RESEARCH. THE EXECUTIVE COMMITTEE DECIDES ON CHANGES TO THE CEO'S COMPENSATION IN AN EXECUTIVE SESSION. PRIOR TO 12/31/2017 THE LAST TIME THE EXECUTIVE COMMITTEE MET TO DECIDE CEO COMPENSATION WAS 6/21/2016. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF EACH BRANCH.