2016-11-15T17:11:03-06:00 2015-12-31 910189318 Moss Adams LLP 601 W Riverside Avenue Ste 1800 Spokane WA 99201 990 2015-01-01 910620799 Global Credit Union GLOB 5094554700 1500 W Fourth Avenue Spokane WA 99201 Tim Cassels Chief Financial Officer 5094554700 2016-11-15 1 Emina O Cresswell CPA P01217304 5097472600 2016-11-15 2015 2017-02-10 21:41:12Z X Jack Fallis PO Box 3200 Spokane WA 99220 43227397 0 X www.globalcu.org X 1954 WA THE ORGANIZATION IS A CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES. 7 6 194 10 506746 -46865 0 0 17072540 17157132 1192770 839580 -111328 24649 18153982 18021361 84595 58852 0 0 7427275 7902960 0 0 0 9464964 9190348 16976834 17152160 1177148 869201 371127650 395165703 339348477 362578177 31779173 32587526 The Organization is a Credit Union operated without profit for mutual purposes. 0 0 The Credit Union provides financial services to 44,502 members. These services include, but are not limited to, providing real estate and other secured/unsecured consumer loans, checking and savings programs, and credit card services. 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 6303 0 1 194 1 1 1 0 0 0 0 0 X 7 6 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 ID X Tim Cassels 5094554700 1500 W Fourth Avenue Spokane WA 99201 RICHARD FISCHER Director 5.00 X 0 0 0 HAL WESTBROOK Director 5.00 X 0 0 0 MArc Hughes Director 5.00 X 0 0 0 Marcella Gray Former Director 5.00 X 0 0 0 JOE M TORTORELLI BOARD CHAIRMAN 5.00 1.00 X X 0 0 0 Robert J LaPointe Board Vice Chairman 5.00 1.00 X X 0 0 0 Thomas A Pauley Board Secretary 5.00 1.00 X X 0 0 0 JACK L FALLIS JR President/CEO/Treasurer 40.00 1.00 X X 376247 0 -114618 Mary Starkey VP OF OPERATIONS/COO 40.00 X 188954 0 40022 DAVID CUMMINGS VP OF IT/CIO 40.00 X 131849 0 29524 Brian Kazemba VP of Finance & Acct 40.00 X 69637 0 30308 Richard Green VP Member Business Lending 40.00 X 42595 0 1932 KIM SHILL VP of Lending 40.00 X 135962 0 21054 EDUARDO OROZCO VP OF SPECIAL CREDITS 40.00 X 124076 0 34431 Yvonne Holland VP of Branch Operations 40.00 X 103286 0 22735 JACKIE CARDLE RE Lending Manager 40.00 X 134753 0 31339 Robert FLINDERS Sales Mgr & Loan Officer 40.00 X 147810 0 25553 1455169 0 122280 10 0 1 0 OFFICIAL PAYMENTS CORPORATION 705 WESTECH DRIVE NORCROSS GA 30092 ONLINE AND E-SERVICE LICENSE & MAINTENAN 382119 Jack Henry & Associates Inc PO Box 609 Monett MO 65708 IT/Core System License & Maintenance 379103 Bales Construction INC 5620 E Desmet Ave Spokane WA 99212 Commercial construction 213350 BOOM LLC 111 S MADISON STREET SPOKANE WA 99201 MARKETING & PROMOTIONS 183280 Velocity Solutions INC PO BOX 460939 FORT LAUDERDALE FL 33346 Retail Banking Services 172504 9 LOAN INTEREST 522100 11015670 11015670 Visa/Debit Card Income 522100 3221781 3221781 Fee Income 522100 1921421 1414675 506746 Other Income 524298 998260 998260 17157132 744892 744892 371806 347157 24649 24649 24649 21930977 3022590 21873651 2985228 57326 37362 94688 94688 18021361 16650386 506746 864229 58852 796452 5868971 157551 547859 532127 5222 46978 423539 235973 659733 1313599 895140 124024 47230 1138919 1376902 113762 Loan Servicing 1412466 Member Servicing 612554 REPOSSESSION EXPENSES 427591 Other Operating Expense 243606 113110 17152160 6069260 6625191 21349059 26544692 377119 300310 237118654 265338058 2111643 2184875 31173191 16784734 14015242 14388457 55443257 45216709 34643416 34567411 371127650 395165703 2351585 1662134 27819 6000000 6000000 330996892 354888224 339348477 362578177 X 0 0 0 0 31779173 32587526 31779173 32587526 371127650 395165703 869201 -60848 0 X 0 0 0 0 1 X 2439850 2439850 15854263 6473528 9380735 2347219 1499249 847970 9788918 8460296 1328622 742941 351661 391280 14388457 FHLB Stock 684600 C Investments Available for Sale 40880379 F Loans Held for Sale 3651730 C 45216709 Accrued Interest 899754 Other Assets & Receivables 11403122 NCUA Share Insurance Fund 3271888 Deposits in Commercial Banks 18992647 34567411 Shares & Deposits 354888224 354888224 Part IV, Line 2b: The credit union has short term holdings of member escrow funds that get transmitted to DMI for payments. DMI services the payments which include county tax payments and insurance. 1 GONZAGA UNIVERSITY 502 E BOONE AVE AD BOX 66 SPOKANE WA 99258 910236600 501(C)(3) 5400 GOLD SPONSORSHIP GU ATHLETICS ZAK FOUNDATION PO BOX 19188 SPOKANE WA 99219 271771407 501(C)(3) 5000 ZAK! CHARITY OPEN SPONSORSHIP UNITED WAY OF SPOKANE COUNTY PO BOX 18 SPOKANE WA 99210 910606058 501(C)(3) 12452 MATCH OF EMPLOYEE DONATION INLAND PUBLICATIONS INC 1227 W SUMMIT PARKWAY SPOKANE WA 99201 911621730 15000 VOLUME COMMUNITY EVENT SPOKANE NEIGHBORHOOD ACTION PROGRAM 3102 W FT GEORGE WRIGHT DR SPOKANE WA 99224 911311127 501(C)(3) 5000 CAPITAL CAMPAIGN COEUR D'ALENE ARTS AND CULTURE ALLIANCE 105 N 1ST STREET 100 COEUR DALENE ID 83814 203509778 501(C)(3) 6000 GLOBAL TITLE SPONSORS TERRAIN PROGRAMS 107 S HOWARD ST 400 SPOKANE WA 99201 462565099 10000 SPONSORSHIP 5 2 Part I, Line 2: Written documentation is received and reviewed by the VP of Marketing & Strategy, EVP of Operations, or President. The received records are verified for entity eligibility and alignment of purpose to Credit Union goals prior to approval of any granted funds. This review process also ensures that all grant funds are distributed and used within the U.S. X X 1 1 X X X 0 1 0 JACK L FALLIS JR President/CEO/Treasurer 362234 0 541 0 13472 0 -135330 0 20712 0 261629 0 0 0 Mary Starkey VP OF OPERATIONS/COO 186238 0 541 0 2175 0 26321 0 13701 0 228976 0 0 0 DAVID CUMMINGS VP OF IT/CIO 131849 0 0 0 0 0 21452 0 8072 0 161373 0 0 0 KIM SHILL VP of Lending 135962 0 0 0 0 0 13743 0 7311 0 157016 0 0 0 EDUARDO OROZCO VP OF SPECIAL CREDITS 124076 0 0 0 0 0 27120 0 7311 0 158507 0 0 0 JACKIE CARDLE RE Lending Manager 134753 0 0 0 0 0 16837 0 14502 0 166092 0 0 0 Robert FLINDERS Sales Mgr & Loan Officer 147810 0 0 0 0 0 17462 0 8091 0 173363 0 0 0 Part I, Line 1a Travel for companions may be allowed with Board approval for spouse/companion. Must be approved in advance and need established. Health club dues are paid for Jack Fallis and Mary Starkey. The amounts are included in their respective taxable wages. Part I, Line 4b There is a 457(f) plan for the CEO which accrues a payable based on the earnings of the plan. The earnings include unrealized gains and losses. In 2015, there was a loss and therefore disclosed as such on the return. Form 990, Part VI, Section A, line 6 The Organization operates as a Credit Union consisting of one class of members. Form 990, Part VI, Section A, line 7a Members of the governing body are elected by vote of the Credit Union members. Form 990, Part VI, Section B, line 11 THE CREDIT UNION'S FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER WHO THEN REPORTS TO THE PRESIDENT/CEO. THE PRESIDENT/CEO THEN PROVIDES A COPY OF THE 990 TO BE REVIEWED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 12c The Organization's conflict of interest policy is described in the employee handbook. Conflicts of interest are reviewed by management. Depending on the severity of the conflict, employees are placed on probation or terminated. Directors/Supervisory committee members must acknowledge the "Board of Director's Ethics/conflict of interest policy" each year, typically in March. The policy strictly prohibits most conflicts (gifts, solicitations, legacies, information interlocks, commission, etc). Loans are the exception, in which case the entire board must approve them individually and they cannot be preferential. Form 990, Part VI, Section B, line 15 The process for reviewing the compensation paid to the organization's CEO, officers, and key employees includes a compensation study, and review and approval of compensation by a compensation committee. Form 990, Part VI, Section C, line 18 The Credit Union makes Forms 1024 and 990 available for public inspection upon request at the main office. Form 990, Part VI, Section C, line 19 The Credit Union makes governing documents, conflict of interest policy, and financial statements available for public inspection upon request at the main office. MEMBERS SERVICE GROUP INC PO Box 3200 Spokane WA 99220 911316353 CUSO - Insurance products and payday lending WA GLOBAL CREDIT UNION C 70915 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0