2018-10-05T14:25:46-05:00 2017-12-31 390758449 WIPFLI LLP 101 EAST FRONT STREET 301 MISSOULA MT 59802 990 2017-01-01 237155544 PARK SIDE FINANCIAL CREDIT UNION PARK 4068622652 1300 BAKER AVE WHITEFISH MT 59937 JEREMY PRESTA CHIEF EXECUTIVE OFFICER 4068622652 2018-10-05 1 PHILIP L YASENAK CPA P01248379 4067281800 2018-10-05 65.158.74.97 2018-10-05 14:18:19 MD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A8CCFEE0E2A316B14E893D1040E4D147629627FA 2017 2018-06-14 16:35:46Z JEREMY PRESTA 1300 BAKER AVE WHITEFISH MT 59937 12912636 0 X HTTPS://WWW.PARKSIDEFCU.COM X 1965 MT PARK SIDE IS A NOT FOR PROFIT FINANCIAL COOPERATIVE THAT PROVIDES FINANCIAL SERVICES TO ITS MEMBERS. 9 9 106 13 0 0 0 0 11842965 12413115 289185 448368 36425 38742 12168575 12900225 53674 73246 0 0 5080063 5230318 0 0 0 6358032 6871206 11491769 12174770 676806 725455 215530528 228813027 192611094 205173226 22919434 23639801 WE WILL BE THE BEST PLACE FOR THE PEOPLE OF WESTERN MONTANA TO GET A LOAN. 0 0 PARK SIDE FINANCIAL CREDIT UNION IS A MEMBER-OWNED CO-OPERATIVE OFFERING A DIVERSE VARIETY OF FINANCIAL SERVICES TO ITS MEMBERS. IT'S PRIMARY FINANCIAL SERVICES ARE PROVIDING REAL ESTATE LOANS, CONSUMER LOANS, CHECKING ACCOUNTS, SAVINGS ACCOUNTS, AND TIME DEPOSITS TO ITS MEMBERS. 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 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 4999 0 106 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X TROY BRACKEY 4068622652 1300 BAKER AVE WHITEFISH MT 59937 CARL THOMAS CHAIR 1.00 X X 0 0 0 RICK FLINK VICE CHAIR 1.00 X X 0 0 0 TERRY THORPE SECRETARY/TREASURER 1.00 X X 0 0 0 DICK GREEN DIRECTOR 1.00 X 0 0 0 RON JAROSCH DIRECTOR 1.00 X 0 0 0 NATASHA OSTREM DIRECTOR 1.00 X 0 0 0 DARIA PEREZ DIRECTOR 1.00 X 0 0 0 DAVE SUTHERLAND DIRECTOR 1.00 X 0 0 0 BRUCE BLOTKAMP DIRECTOR (THRU JUNE) 1.00 X 0 0 0 JEREMY PRESTA CHIEF EXECUTIVE OFFICER 40.00 X 248006 0 34540 TROY BRACKEY CHIEF FINANCE OFFICER 40.00 X 49615 0 23289 SCOTT ROBERTS CHIEF FINANCE OFFICER (THRU DEC) 40.00 X 123260 0 1935 ROBERT LEFKOWICZ CHIEF OPERATIONS OFFICER (THRU OCT) 40.00 X 116645 0 24225 EVERETT PATTERSON CHIEF INFORMATION OFFICER 40.00 X 136535 0 18856 MAUREEN BRYAN SENIOR VP OF HUMAN RESOURC 40.00 X 128918 0 22764 LAURA SCOVILLE VP OF BACK OFFICE OPERATIONS 40.00 X 178214 0 25128 981193 0 150737 6 0 1 0 ELEMENT 125 BREWERY LANE SUITE 9 PORTSMOUTH NH 03801 CONSTRUCTION 885868 MEMBER DRIVEN TECHNOLOGIES 30230 ORCHARD LAKE RD FARMINGTON HILLS MI 48334 DATA PROCESSING 701460 COOK SECURITY GROUP 5841 SE INTERNATIONAL WAY MILWAUKEE OR 97222 IT SECURITY SERVICES 568405 FIRST DATA CORP 5565 GLENRIDGE CONNECTOR NE ATLANTA GA 30342 CREDIT/DEBIT CARD SERVICES 489148 HAMMERQUIST 1417 1ST AVE EAST KALISPELL MT 59901 CONSTRUCTION 173670 5 INTEREST ON LOANS 522100 8730024 8730024 FEES AND CHARGES 522100 3683091 3683091 12413115 371956 371956 38742 0 38742 38742 38742 88823 0 12411 88823 -12411 76412 76412 12900225 12413115 0 487110 73246 1131931 3151346 158998 487362 300681 18485 58150 939030 521821 668456 7666 371273 45347 58771 521614 145286 PROVISION FOR LOAN LOSS 784458 DIVIDENDS ON MEMBER SHA 720153 ATM EXPENSE 705800 LOAN SERVICING EXPENSE 634501 670395 12174770 2320965 3433301 3722136 3909282 552991 587844 2520702 168152982 183316409 975011 456687 14499601 2708810 9887026 11790791 17729726 17189999 7663691 3093991 370702 261767 4155298 2252254 215530528 228813027 1012522 896076 1000092 9000000 190598480 195277150 192611094 205173226 X 4396346 4396347 0 0 18523088 19243454 22919434 23639801 215530528 228813027 725455 -5088 0 X X 0 1 X 1 0 2994132 2994132 7949738 1339822 6609916 570909 72586 498323 2870477 1296402 1574075 114345 114345 11790791 MEMBER'S SHARES AND CERTIFICATES OF DEPOSIT 195277150 195277150 X 12900225 0 12900225 0 12900225 12174770 0 12174770 0 12174770 PART X, LINE 2: THE CREDIT UNION IS GENERALLY EXEMPT, BY STATUTE, FROM FEDERAL INCOME TAXES AND STATE CORPORATE BUSINESS TAX. HOWEVER, THE CREDIT UNION IS SUBJECT TO FEDERAL TAX ON NET UNRELATED BUSINESS INCOME. 1 0 0 PART I, LINE 2: THE ORGANIZATION MAKES DONATIONS THROUGHOUT THE YEAR AND MONITORS THE RECIPIENTS ANNUALLY. THERE WERE NO ORGANIZATIONS THAT RECEIVED MORE THAN $5,000 FROM PARK SIDE FINANCIAL CREDIT UNION IN 2017. X X 0 0 0 JEREMY PRESTA CHIEF EXECUTIVE OFFICER 224711 0 19669 0 3626 0 14807 0 19733 0 282546 0 0 0 EVERETT PATTERSON CHIEF INFORMATION OFFICER 116084 0 19778 0 673 0 9119 0 9737 0 155391 0 0 0 MAUREEN BRYAN SENIOR VP OF HUMAN RESOURC 105693 0 18942 0 4283 0 3883 0 18881 0 151682 0 0 0 LAURA SCOVILLE VP OF BACK OFFICE OPERATIONS 84056 0 89260 0 4898 0 13531 0 11597 0 203342 0 0 0 JEREMY PRESTA EMPLOYEE SPLIT-DOLLAR LIFE INSURANCE X 2495000 2520702 0 1 1 2520702 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION CONSISTS OF MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE/SAVINGS ACCOUNT. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE ENTITLED TO VOTE IN THE ANNUAL ELECTION OF THE BOARD OF DIRECTORS AND ON OTHER MATTERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WILL REVIEW AND APPROVE THE 990 PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION IS REQUIRED TO DISCLOSE AND MONITOR CONFLICTS OF INTEREST. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES, BOARD AND/OR COMMITTEE MEMBERS, AND FAMILY MEMBERS THEREOF. CONFLICTS OF INTEREST ARE REPORTED TO THE ENTIRE BOARD, AND THE BOARD WILL REVIEW ALL CONFLICTS. THE ORGANIZATION DOES NOT ALLOW FOR TRANSACTIONS THAT CREATE CONFLICTS OF INTEREST. ALL TRANSACTIONS WITH OUTSIDE FIRMS, FRIENDS OR FAMILY MEMBERS THAT ARE DISCLOSED AND DEEMED NOT TO PRESENT A CONFLICT OF INTEREST MUST BE CONDUCTED AT ARM'S LENGTH AND IN THE BEST INTEREST OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD ESTABLISHES AND APPROVES CEO COMPENSATION. OTHER OFFICERS AND C-LEVEL OFFICERS HAVE COMPENSATION DETERMINED BY EXTERNAL CUNA SALARY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.