2016-05-16T08:41:00-05:00 2015-12-31 202122306 GBQ PARTNERS LLC 230 WEST STREET SUITE 700 COLUMBUS OH 432152663 990 2015-01-01 370767435 CREDIT UNION 1 CRED 2178939112 200 E CHAMPAIGN AVE RANTOUL IL 618662930 RICHARD BROADDUS SENIOR VICE PRESIDENT 2178939112 2016-05-16 1 GBQ PARTNERS P01380769 6142211120 2015 2016-09-27 15:27:22Z RICHARD BROADDUS 200 E CHAMPAIGN AVE RANTOUL IL 618662930 38095358 0 X WWW.CREDITUNION1.ORG X CREDIT UNION 1958 IL CREDIT UNION 1 IS A MEMBER-OWNED AND CONTROLLED FINANCIAL INSTITUTION DEDICATED TO PROVIDING CONVENIENT AND COMPETITIVE SERVICES AS A MEANS OF IMPROVING ONGOING ECONOMIC WELL-BEING OF OUR MEMBERS WHILE PROMOTING GROWTH AND MAINTAINING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY. 9 8 415 8 0 0 0 0 34910451 35223330 1682046 2539475 231554 252693 36824051 38015498 0 0 0 0 16728272 17136449 0 0 0 17295007 17049429 34023279 34185878 2800772 3829620 746663488 773159834 685194165 707860891 61469323 65298943 X CREDIT UNION 1 IS A MEMBER-OWNED AND CONTROLLED FINANCIAL INSTITUTION DEDICATED TO PROVIDING CONVENIENT AND COMPETITIVE SERVICES AS A MEANS OF IMPROVING ONGOING ECONOMIC WELL-BEING OF OUR MEMBERS WHILE PROMOTING GROWTH AND MAINTAINING THE CREDIT UNION'S LONG-TERM FINANCIAL STABILITY. 0 0 PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 15709 0 1 415 1 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X X RICHARD BROADDUS 2178939112 200 E CHAMPAIGN AVE RANTOUL IL 618662930 ROBERT EBERHARDT DIRECTOR 2.00 X 0 0 0 ROBERT LARSON JR DIRECTOR 2.00 X 0 0 0 DONNA ROBINSON DIRECTOR 2.00 X 0 0 0 JOSEPH LYONS DIRECTOR 2.00 X 0 0 0 DANIEL RICCI CHAIRMAN OF THE BOARD 2.00 X 0 0 0 DAVID SCOTT DIRECTOR 2.00 X 0 0 0 PAUL SIMONS CEO/DIRECTOR/TREASURER 40.00 X X 452079 0 18000 THOMAS WELLS JR DIRECTOR 2.00 X 0 0 0 KENT YAGER DIRECTOR 2.00 X 0 0 0 BRENDA CRANE CHIEF OPERATIONS OFFICER 40.00 X 170712 0 10233 SUSAN HEJNOSZ EVP/CHIEF INFORMATION OFFI 40.00 X 187046 0 11152 STEELE HENDRIX SENIOR VP MARKETING 40.00 X 179766 0 10782 ELLIE KRCMAR SENIOR VP BRANCH OPERATION 40.00 X 167917 0 10004 RICHARD BROADDUS SENIOR VICE PRESIDENT 40.00 X 130165 0 7613 JAMES KAMP VP MEMBER SERVICES/CARDS 40.00 X 109460 0 10939 MICHAEL HIRT VP INFO SYSTEMS 40.00 X 122587 0 7354 THEADO BONDS VP BRANCH OPERATIONS 40.00 X 101125 0 3029 DENVER DOUGLAS SR. RESOURCE & DEV. ANALYST 40.00 X 104504 0 4171 TIM RAPSON VP BRANCH OPERATIONS 40.00 X 106361 0 12740 PAUL FICHTER GENERAL COUNSEL/SVP LEGAL OPS 40.00 X 165462 0 10209 JAMES MCNEIL SENIOR VP RISK MANAGEMENT 40.00 X 139970 0 8641 2137154 0 124867 13 0 1 0 0 LOAN INCOME 522100 20574893 20574893 FEE INCOME 522100 9614044 9614044 INTERCHANGE INCOME 522100 3346176 3346176 INSURANCE REIMBURSEMENT 524298 1197945 1197945 SHARED BRANCH INCOME 522100 490272 490272 35223330 2564389 2564389 252693 0 252693 252693 252693 54946 79860 -24914 -24914 -24914 38015498 35198416 0 2817082 335975 12719501 391056 2635212 1054705 68800 440815 741948 825730 1024703 2657688 314123 50844 1800173 795699 VISA/ATM 2579301 DIVIDEND EXPENSE 2382872 PROVISION FOR LOAN LOSS 1145619 REPAIRS AND MAINTENANCE 599160 1621954 34185878 9829464 8386857 152775044 126436750 521592 332331 384324944 386987566 3331748 3560544 52193298 32139661 20949481 20053637 157903362 210852720 352267 352423 16675586 16197006 746663488 773159834 2963165 3727491 1176203 1414425 681054797 702718975 685194165 707860891 X 0 0 0 0 61469323 65298943 61469323 65298943 746663488 773159834 3829620 0 X X 0 1 X 1 0 0 1 X 5457488 5457488 21673449 10004936 11668513 4745263 4202491 542772 19594136 17614117 1980019 722962 318117 404845 20053637 SHARE DRAFT DEPOSITS 113946636 MEMBER SHARE DEPOSITS (SAVINGS AND MEMBERSHIP) 252931536 MONEY MARKET SHARE DEPOSIT 200562147 SHARE CERTIFICATE DEPOSITS 94856678 IRA CERTIFICATES 40421978 702718975 PART IV, LINE 2B: THE CREDIT UNION SERVICES 1ST MORTGAGE LOANS AND AS PART OF PROVIDING THIS SERVICE, COLLECTS PROPERTY INSURANCE AND REAL ESTATE TAX PAYMENTS MONTHLY FROM HOME OWNERS. THE CREDIT UNION HOLDS THE FUNDS IN ESCROW UNTIL THE INSURANCE PREMIUMS OR TAX BILLS ARE DUE. X X 1 1 X X X 0 0 0 PAUL SIMONS CEO/DIRECTOR/TREASURER 349793 0 100000 0 2286 0 18000 0 0 0 470079 0 0 0 BRENDA CRANE CHIEF OPERATIONS OFFICER 146779 0 23519 0 414 0 10233 0 0 0 180945 0 0 0 SUSAN HEJNOSZ EVP/CHIEF INFORMATION OFFI 161408 0 24450 0 1188 0 11152 0 0 0 198198 0 0 0 STEELE HENDRIX SENIOR VP MARKETING 155687 0 24019 0 60 0 10782 0 0 0 190548 0 0 0 ELLIE KRCMAR SENIOR VP BRANCH OPERATION 143554 0 23175 0 1188 0 10004 0 0 0 177921 0 0 0 PAUL FICHTER GENERAL COUNSEL/SVP LEGAL OPS 162158 0 3250 0 54 0 10209 0 0 0 175671 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A CREDIT UNION MEMBERS, WHICH ARE THE DEPOSITORS, ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN TRANSACTIONS AND DECISIONS MAY BE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE, SENIOR VP RISK MANAGEMENT, SENIOR VICE PRESIDENT, PRESIDENT/CEO AND THE SUPERVISORY COMMITTEE OF THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 12C THE BOARD COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY HAS NOT BEEN AN ISSUE AT THE CREDIT UNION. BOARD MEMBERS NOTIFY THE BOARD OF POTENTIAL CONFLICTS AND REMOVE HIM/HERSELF FROM DISCUSSION AND DECISION OF ANY SUCH AREAS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT/CEO SALARY ANNUALLY AND UTILIZIES A COMPENSATION SURVEY PREPARED BY CUES FOR COMPARABILITY PURPOSES. THE CUES EXECUTIVE COMPENSATION GUIDE IS UTILIZED BY THE CEO FOR SALARY COMPARABILITY FOR OFFICERS AND EMPLOYEES MAKING OVER $100,000. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: SUPERVISORY COMMITTEE ENGAGES THE CPA FIRM FOR AN ANNUAL AUDIT OF THE FINANCIAL STATEMENT. ADDITIONALLY THE SUPERVISORY COMMITTEE SUPERVISES THE INTERNAL AUDIT DEPT WHICH INCLUDES 2 EMPLOYEES. CUSO LTD 200 E CHAMPAIGN AVE RANTOUL IL 61866 371131037 DORMANT TRAVEL AGENCY IL N/A C 61364 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0