2016-10-25T15:47:21-05:00 2015-12-31 382492570 DOEREN MAYHEW 12060 SW 129 CT STE 201 MIAMI FL 33186 990 2015-01-01 590637646 CAMPUS USA CREDIT UNION CAMP 3523359090 14007 NW 1ST ROAD JONESVILLE FL 32669 JENNIFER HUNT CFO 3523359090 2016-10-24 1 DOUGLAS J ORTH P01076394 3052328272 2015 2017-02-10 21:41:12Z JERRY BENTON 14007 NW 1ST ROAD JONESVILLE FL 32669 82953755 0 2106 X WWW.CAMPUSCU.COM X 1935 FL CAMPUS USA IS A NON-PROFIT FINANCIAL INSTITUTION PROVIDER. IT HAS SIX COUNTIES FOR MEMBERSHIP WITH COMPETITIVE SAVINGS AND LOAN OPTIONS ALONG WITH EXCEPTIONAL MEMBER SERVICE. 7 7 331 10 138486 -49790 0 0 46798844 53504409 2653943 3361120 1591523 795827 51044310 57661356 0 200593 0 0 17203645 19595998 0 0 0 24292824 26104679 41496469 45901270 9547841 11760086 1256665283 1397839440 1099429348 1231061223 157235935 166778217 THE MISSION OF OUR CREDIT UNION IS TO RESPOND TO THE NEEDS OF THE MEMBERSHIP BY OFFERING THE BEST FINANCIAL SERVICES. OUR CREDIT UNION IS A NOT-FOR-PROFIT SERVICE ORGANIZATION WHICH MAINTAINS A STRONG FINANCIAL FOUNDATION. 0 0 INCOME FROM THE CREDIT UNION MEMBERSHIP AND INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18236 0 1 331 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X JERRY BENTON 3523359090 14007 NW 1ST ROAD JONESVILLE FL 32669 PRINCE HINSON CHAIR 2.50 X 0 0 0 MARK WALDORFF VICE CHAIR 2.50 X 0 0 0 RUBEN RAMOS DIRECTOR 2.50 X 0 0 0 JAY HUTTO DIRECTOR 2.50 X 0 0 0 KEITH BIRKETT DIRECTOR 2.50 X 0 0 0 PAULA WELCH DIRECTOR 2.50 X 0 0 0 RUBY PUCKETT DIRECTOR 2.50 X 0 0 0 JERRY W BENTON CEO 40.00 X 503581 0 129876 GREG L WATERS CSO 40.00 X 253138 0 73187 JENNIFER L HUNT CFO 40.00 X 227391 0 57971 JAMES L THACKREY CTO 40.00 X 204838 0 73617 JEFFERY A THIEMAN COO 40.00 X 230462 0 73805 JILL E HARPER VP HUMAN RESOURCES 40.00 X 198064 0 61408 GABRIEL W HAMLETT GENERAL COUNSEL 40.00 X 173054 0 61168 FREDERICK E HILTON FINANCIAL ADVISOR 40.00 X 174714 0 38999 DAVID M BARBER COMMERCIAL LOAN MANAGER 40.00 X 146649 0 35821 MICHELLE A CALHOUN SR SERVICING MANAGER 40.00 X 128712 0 22488 HENRY P SUBACH SP ACCOUNTS MANAGER 40.00 X 120209 0 20326 MICHAEL R JONES CONSUMER LOAN MANAGER 40.00 X 108025 0 29901 2468837 0 678567 12 0 1 0 FISERV 75 REMITTANCE DRIVE SUITE 6962 CHICAGO IL 60675 CORE SOFTWARE AND MAINTENANCE 1088972 SCHERER CONSTRUCTION OF NORTH FLORIDA LL 2504 NW 71ST PL GAINESVILLE FL 32653 CONSTRUCTION MANAGEMENT 917249 RATEGENIUS LOAN SERVICE INC PO BOX 28650 AUSTIN TX 78755 INDIRECT LOAN PREMIUMS 789694 AAA AUTOCLUB SOUTH INC 800 SECOND AVE SOUTH SUITE 210 ST PETERSBURG FL 33701 INDIRECT LOAN PREMIUMS 702571 ADVANCED SYSTEMS INC 2945 AIRPORT BLVD WATERLOO IA 50703 BRANCH EQUIPMENT AND MAINTENANCE 670105 44 INTEREST ON LOANS 522100 41697503 41697503 FEES/CHARGES 522100 11668420 11668420 NON-MEMBER ATM FEES 522200 72360 72360 SECURITY SALES 523000 33196 33196 MBI 524298 32930 32930 53504409 3093612 3093612 23930566 1629341 23781870 1510529 148696 118812 267508 267508 OTHER INCOME 522100 795827 795827 795827 57661356 57522870 138486 0 200593 200593 2321560 2321560 12695560 12695560 1360420 1360420 2142510 2142510 1075948 1075948 9056 9056 199121 199121 131223 131223 279067 279067 1490940 1490940 4183599 4183599 2129040 2129040 6936659 6936659 152220 152220 1995400 1995400 343359 343359 PROVISION FOR LOAN LOSS 3050000 3050000 LOAN SERVICING 2643729 2643729 ATM SHARED BRANCHING FE 890012 890012 DEBIT CARD SERVICES 841597 841597 829657 829657 45901270 45901270 0 0 40820166 58684306 18876435 24919027 3364733 3548810 917201898 1038733168 4365338 5171877 66170409 21661110 44021765 44509299 205698066 190860087 9931938 17671497 12384944 13741369 1256665283 1397839440 14269975 50983253 1085159373 1180077970 1099429348 1231061223 X 0 0 0 0 157235935 166778217 157235935 166778217 1256665283 1397839440 X 11760086 -1373946 -843858 X 0 1 X 1 0 6329 6329 6329 1 FLORIDA CREDIT UNION POLITICAL ACTION COMMITTEE 3692 COOLIDGE COURT TALLAHASSEE FL 32311 5288 CREDIT UNION POLITICAL ACTION COUNCIL 3692 COOLIDGE COURT TALLAHASSEE FL 32311 1041 12351972 12351972 38599259 8891637 29707622 2238021 1546778 691243 12446198 10699157 1747041 534959 523538 11421 44509299 SHARE DRAFTS 174621918 SHARE AND EQUIVALENTS 436462714 MONEY MARKET ACCOUNTS 162366636 IRA SHARES 38210857 SHARE AND IRA CERTIFICATES 368415845 1180077970 X 57677008 0 57677008 -15652 -15652 57661356 45916922 15652 15652 45901270 0 45901270 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE, AND LOCAL TAXES. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (UBI) DERIVED BY STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008, THE INTERNAL REVENUE SERVICE (IRS) RELEASED TECHNICAL ADVICE MEMORANDUMS (TAMS) TO SPECIFIC STATE-CHARTERED CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. MANAGEMENT HAS ASSESSED THE CREDIT UNION'S ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2014, 2013, AND 2012 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS. THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSSES ON SALES OF ASSETS PRESENTED NET OF REVENUE ON FORM 990 -15,652. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSSES ON SALES OF ASSETS PRESENTED NET OF REVENUE ON FORM 990 15,652. 1 MARCH OF DIMES 1831 NW 13 STREET GAINESVILLE FL 32609 131846366 501(C)(3) 16050 CHARITABLE CONTRIBUTION CHILDREN'S MIRACLE NETWORK PO BOX 100386 GAINESVILLE FL 32610 591943502 501(C)(3) 158303 CHARITABLE CONTRIBUTION JUNIOR ACHIEVEMENT OF ALACHUA PO BOX 141284 GAINESVILLE FL 32614 591098499 501(C)(3) 5000 CHARITABLE CONTRIBUTION ALZHEIMER'S ASSOC CENTRAL & NO FL CHAPTER 2180 W STATE RD 434 SUITE 1100 LONGWOOD FL 32779 363487166 501(C)(3) 5000 CHARITABLE CONTRIBUTION ELDERCARE OF ALACHUA COUNTY INC 5701 NW 34 BLVD GAINESVILLE FL 32653 593051104 501(C)(3) 6240 CHARITABLE CONTRIBUTION UNITED WAY OF NORTH CENTRAL FL PO BOX 864790 ORLANDO FL 32886 590808855 501(C)(3) 10000 CHARITABLE CONTRIBUTION 6 X X X 1 1 X X 0 1 0 JERRY W BENTON CEO 395506 0 96393 0 11682 0 107127 0 22749 0 633457 0 0 0 GREG L WATERS CSO 214161 0 34043 0 4934 0 55209 0 17978 0 326325 0 0 0 JENNIFER L HUNT CFO 190834 0 34043 0 2514 0 54123 0 3848 0 285362 0 0 0 JAMES L THACKREY CTO 168814 0 34043 0 1981 0 52430 0 21187 0 278455 0 0 0 JEFFERY A THIEMAN COO 194680 0 34043 0 1739 0 52603 0 21202 0 304267 0 0 0 JILL E HARPER VP HUMAN RESOURCES 161903 0 34043 0 2118 0 51310 0 10098 0 259472 0 0 0 GABRIEL W HAMLETT GENERAL COUNSEL 136111 0 34043 0 2900 0 40381 0 20787 0 234222 0 0 0 FREDERICK E HILTON FINANCIAL ADVISOR 135616 0 36931 0 2167 0 18065 0 20934 0 213713 0 0 0 DAVID M BARBER COMMERCIAL LOAN MANAGER 118917 0 26464 0 1268 0 15272 0 20549 0 182470 0 0 0 MICHELLE A CALHOUN SR SERVICING MANAGER 104240 0 23343 0 1129 0 8743 0 13745 0 151200 0 0 0 PART I, LINE 4B THE FOLLOWING EXECUTIVES PARTICIPATED IN THE 457F PLAN: J. BENTON $428,367; G. HAMLETT $316,902; J. HARPER $339,667; J. HUNT $70,939; J. THACKREY $342,411; J. THIEMAN $41,183; G. WATERS $275,185. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11 THE CFO IS RESPONSIBLE FOR THE PREPARATION OF THE RETURN AND USES THE CPA FIRM TO HELP COMPLETE THE FINANCIAL ASPECT OF THE RETURN. THE RETURN IS PRESENTED TO THE CREDIT VP OR HR, VP OF OPERATIONS AND TO THE PRESIDENT/CEO. ONCE ALL HAVE COMPLETED THEIR REVIEW AND ANY CORRECTIONS ARE COMPLETED, THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY GOVERNS THE ACTIONS OF DIRECTORS, AUDIT COMMITTEE MEMBERS, ANY OTHER UNPAID MEMBER VOLUNTEERS AND ALL SENIOR MANAGERS OF THE CREDIT UNION. THE POLICY, WHICH IS EXPLICIT IN DETAILING ACTIONS CONSIDERED TO BE CONFLICTS OF INTEREST, IS REVIEWED WITH THE COVERED INDIVIDUALS ANNUALLY. IN ADDITION, EACH COVERED INDIVIDUAL IS ANNUALLY REQUIRED TO COMPLETE AND SIGN A STATEMENT DETAILING ANY POTENTIAL CONFLICTS OF INTEREST OR ANY ACTIONS TAKEN THAT FALL UNDER THE CONFLICT OF INTEREST POLICY. THESE STATEMENTS ARE REQUIRED TO BE SUBMITTED TO THE AUDIT COMMITTEE CHAIR WHO MAKES A FORMAL REPORT TO THE BOARD OF DIRECTORS. COVERED INDIVIDUALS ARE INSTRUCTED TO DISCUSS ANY POTENTIAL CONFLICTS WITH THE PRESIDENT/CEO OR THE COMPLIANCE OFFICER BEFORE ENTERING INTO ANY ARRANGEMENT THAT COULD BE A POTENTIAL CONFLICT. THE AUDIT COMMITTEE CHAIR MUST GIVE WRITTEN APPROVAL ON A CASE-BY-CASE BASIS. ANY POTENTIAL CONFLICT INVOLVING THE AUDIT COMMITTEE CHAIR REQUIRES WRITTEN APPROVAL BY THE BOARD OF DIRECTORS CHAIR. THE CREDIT UNION HAS ALWAYS MAINTAINED THE POLICY THAT ANY INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS PERTAINING TO THE SUBJECT MATTER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE REVIEW OF THE CEO'S COMPENSATION IS DONE ANNUALLY BY THE BOARD OF DIRECTORS (BOD). THE BOD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AND EACH MEMBER DOES AN INDIVIDUAL REVIEW TO DETERMINE THE CEO'S COMPENSATION. FOR ALL OTHER SENIOR MANAGEMENT, THE CEO USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY AS WELL AS AN INTERNAL DEPENDENT SALARY ADMINISTRATION SYSTEM TO DETERMINE THEIR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON WWW.NCUA.GOV VIA THE QUARTERLY 5300 FILING. FORM 990, PART XI, LINE 9: RECLASSIFICATION ADJUSTMENTS FOR INVESTMENT GAINS INCLUDED IN NET INCOME -60,777. OTHER COMPREHENSIVE INCOME - NET PENSION LOSSES -783,081.