2017-04-18T00:00:00-05:00 2016-12-31 580692043 Mauldin & Jenkins LLC 200 Galleria Pkwy SE Ste 1700 Atlanta GA 303395946 990 2016-01-01 580146810 Atlanta Postal Credit Union ATLA 4047684126 3900 Crown Road Atlanta GA 303800001 Donald A DeCinque CEO 4047684126 2017-03-31 1 Mary Jo Alexander P00002534 7709558600 2017-03-31 50.192.51.169 2017-03-31 13:28:03 ED P BBE08E931F7B29E7220B4E445D6AF346676ADE16 62F672EE7E7573AACDC8760BD0075C794474CF44 2016 2021-01-29 14:40:06Z Donald A DeCinque 3900 Crown Road Atlanta GA 303800001 65862834 0 X www.apcu.com X 1925 GA To help our members achieve financial success by providing exceptional products and service. 10 8 285 14 0 0 0 0 52568891 58190276 7719294 7242468 0 81033 60288185 65513777 26750 30700 0 0 16409890 18830668 0 0 0 40059979 43806184 56496619 62667552 3791566 2846225 2039162096 2093521449 1798312223 1851752400 240849873 241769049 To help our members achieve financial success by providing exceptional products and service. 0 0 Credit Union providing loans and deposits for over 111,653 members. Atlanta Postal Credit Union is a member-owned, not-for-profit financial cooperative, founded on the premise that working people need a safe and sound place to save and borrow money. Guiding principles are unique: only people who are credit union members can borrow here, loans should be for prudent and productive purposes, and a person's character and desire to repay a loan are considered as important as a person's income. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 41062 0 1 285 1 0 0 0 0 0 0 0 X 10 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X The Organization 4047684126 3900 Crown Road Atlanta GA 30380 Katherine Brown Director 1.00 X 12900 0 0 Donald A DeCinque CEO 40.00 X X 584878 0 23428 David Disharoon Director 1.00 X 0 0 0 Royce L Jackson Board Secretary 1.00 X X 0 0 0 J T Middlebrooks Director 1.00 X 11500 0 0 Henry P Mulkey Director 1.00 X 0 0 0 Moses M Spence Board Chairman 1.00 X X 0 0 0 Bud Wilkinson Director 1.00 X 0 0 0 David Patterson Director 1.00 X 14880 0 0 Charles Head President/COO/Director 40.00 X X 358223 0 17107 Gary Kyle CFO 40.00 X 262431 0 25980 Dianne Yost CMO 40.00 X 186133 0 20561 Richard McCall CIO 40.00 X 212805 0 58514 Lana Beck VP Human Resources 40.00 X 168441 0 17899 Sharon Gardner AVP of Branch Operations 40.00 X 128621 0 24085 Laura Gober VP ERM 40.00 X 134666 0 17314 2075478 0 204888 12 0 1 0 Route 66 Warranty P O Box 2400 Mountain Home AR 72654 Extended Auto Warranties 2109513 Jack Henry & Associates Inc PO Box 609 Monett MO 65708 Processing System Software Provider 626024 Datamatx 3146 Northeast Expressway Atlanta GA 303415345 Member Statement Processing 585895 Thompsom O'Brien Kemp & NasutiI PC 40 Technology Parkway South Suite Norcross GA 30092 Legal Services for Loan Collections 582018 The Realty Associates Fund IX LP PO Box 202846 Dallas TX 753202846 Leased Office Space 571226 23 Interest on Loans 522100 49006083 49006083 Other Operating Income 522100 9184193 9184193 58190276 7253153 7253153 81033 0 81033 81033 81033 338372 349057 -10685 -10685 -10685 65513777 65443429 0 70348 30700 1311326 10624862 3656295 2406221 831964 28776 121782 238540 1742259 4351911 1014584 1319001 5480 1006675 1265798 Dividends and interest 17509386 Loan servicing expense 8420160 Provision for loan loss 5529736 Member insurance 613175 638921 62667552 5105783 5200359 271191853 115310088 1114537486 1312467855 14310600 9533692 4508013 4776908 589913421 591789726 53905540 63976513 2039162096 2093521449 17972981 9411938 1780339242 1842340462 1798312223 1851752400 X 0 0 0 0 240849873 241769049 240849873 241769049 2039162096 2093521449 X 2846225 -2485293 558244 X X 0 1 X 1 0 405494 405494 1060972 468827 592145 2377350 1155731 1221619 10466784 7909134 2557650 4776908 Mutual Funds 2167861 F US Govt-sponsored Enterprises 582322605 F Georgia Central CU PCB 50000 C Catalyst Corporate PCC 785290 C Bank Owned CD's 994000 C Other Invests 5469970 C 591789726 Accrued Dividends 119625 Shares and deposits 1842220837 1842340462 63364727 -2485293 325558 -2159735 65524462 -10685 -10685 65513777 62678237 10685 10685 62667552 0 62667552 Part XI, Line 2d - Other Adjustments: Adjustment to recognize funded status of pension plan 325,558. Part XI, Line 4b - Other Adjustments: Reclass net loss on sale of foreclosed property -10,685. 1 Children's Miracle Network 1687 Tullie Circle NE Atlanta GA 30329 870387205 501(c)(3) 20000 Operational Support. Postal Employee Relief Fund PO Box 7630 Woodbridge VA 22195 521666010 501(c)(3) 10000 Operational Support 2 0 Part I, Line 2: Donations were made to national charitable organizations for operations. X 1 1 X X X X 0 1 0 Donald A DeCinque CEO 504782 0 75000 0 5096 0 0 0 23428 0 608306 0 0 0 Charles Head President/COO/Director 317867 0 35000 0 5356 0 0 0 17107 0 375330 0 0 0 Gary Kyle CFO 242431 0 20000 0 0 0 0 0 25980 0 288411 0 0 0 Dianne Yost CMO 166133 0 20000 0 0 0 0 0 20561 0 206694 0 0 0 Richard McCall CIO 192805 0 20000 0 0 0 33062 0 25452 0 271319 0 0 0 Lana Beck VP Human Resources 155941 0 12500 0 0 0 0 0 17899 0 186340 0 0 0 Sharon Gardner AVP of Branch Operations 118621 0 10000 0 0 0 0 0 24085 0 152706 0 0 0 Laura Gober VP ERM 122166 0 12500 0 0 0 0 0 17314 0 151980 0 0 0 Part I, Line 1a Spouse (or guest) Expense. The spouse or guest of each director, volunteer and APCU officer is encouraged to attend APCU functions. APCU will pay expenses for this person to include the following but not limited to all travel, food, lodging, registration, incidental expenses and entertainment. Part I, Line 4b Highly-compensated employee Richard McCall participated in a Section 457 plan with an an employer contribution of $33,062. The Credit Union Loan Source LLC Common Board Member 185628477 Purchase of Auto Loans 0 The Credit Union Loan Source LLC Common Board Member 165555444 Servicing of Loans. The Credit Union Loan Source, LLC is servicing the loans by collecting principal and interest and then remitting to APCU. 0 Form 990, Part VI, Section A, line 6 Atlanta Postal Credit Union is a state-chartered credit union with over 111,653 voting members. Form 990, Part VI, Section A, line 7a Credit Union members vote for board members. Form 990, Part VI, Section B, line 11b The entire board reviews and discusses Form 990 in a board meeting prior to filing. Form 990, Part VI, Section B, line 12c Each year, directors and officers complete the Confidential Report for Credit Union Officials for the Georgia State Banking Department. This form requires that other business relationships be disclosed. These forms are monitored for any potential conflicts. Form 990, Part VI, Section B, line 15 Salaries for the CEO and other officers are reviewed and increases approved by the board of directors. Salaries for these positions are compared to industry averages by using CUNA's Complete Credit Union Staff Salary Survey. Form 990, Part VI, Section C, line 19 Atlanta Postal Credit Union files call reports quartely. These are published on the internet and available to the general public. Other documents are available upon request. Form 990, Part XI, line 9: Adjustment to recognize funded status of pension plan 325,558. Macon Water Works Credit Union merger 232,686. Form 990. Part XII, line 2c. There have been no changes to the auditor selection process nor the financial statement review.