2015-11-03T13:21:55-06:00 2013-12-31 261694946 SCHWARTZ COLE AND ASSOCIATES LLC 11776 W SAMPLE RD STE 106 CORAL SPRINGS FL 330653180 990 2013-01-01 590947735 STATE CHARTERED CREDIT UNIONS OF FL STAT 5616864006 3469 SUMMIT BLVD WEST PALM BEACH FL 33406 JOHN DEESE PRESIDENT 5616864006 2014-11-17 true DANIEL J COLE P00055998 9547551760 2015-11-03 2013 2016-03-07 17:11:31Z X PBC CREDIT UNION JOHN DEESE 3469 SUMMIT BLVD WEST PALM BEACH FL 33406 7472572 false X WWW.PBCCU.COOP X 1953 FL PBC CREDIT UNION WAS ORGANIZED IN 1953 TO SERVE OUR MEMBERS' FINANCIAL NEEDS. AS A CREDIT UNION, WE OPERATE AS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE THAT ENCOURAGES THRIFT BY PROVIDING LOANS AT FAIR AND REASONABLE RATES, PAYING COMPETITIVE DIVIDENDS ON SAVINGS PRODUCTS AND IMPLEMENTING FEWER SERVICE FEES FOR OVERALL ACCOUNT MAINTENANCE. INSTEAD OF BEING RUN BY STOCKHOLDERS, WE ARE OWNED AND OPERATED BY OUR MEMBERS. EACH MEMBER OWNS AN EQUAL SHARE REGARDLESS OF HIS OR HER ACCOUNT BALANCE. THE BOARD OF DIRECTORS AND OTHER VOLUNTEER COMMITTEES ARE CHOSEN AND STAFFED BY OUR MEMBERS. OUR GOAL IS SIMPLE -- NOT JUST TO MEET, BUT TO EXCEED OUR MEMBERS' EXPECTATIONS IN SERVICING ALL THEIR FINANCIAL NEEDS. 7 6 70 9 9620 -10145 0 7195470 7462572 80643 -7082 0 7276113 7455490 0 0 2297212 2495658 0 0 3680148 4081841 5977360 6577499 1298753 877991 107511276 113494881 94990546 100096160 12520730 13398721 X PBC CREDIT UNION WAS ORGANIZED IN 1953 TO SERVE OUR MEMBERS' FINANCIAL NEEDS. AS A CREDIT UNION, WE OPERATE AS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE THAT ENCOURAGES THRIFT BY PROVIDING LOANS AT FAIR AND REASONABLE RATES, PAYING COMPETITIVE DIVIDENDS ON SAVINGS PRODUCTS AND IMPLEMENTING FEWER SERVICE FEES FOR OVERALL ACCOUNT MAINTENANCE. INSTEAD OF BEING RUN BY STOCKHOLDERS, WE ARE OWNED AND OPERATED BY OUR MEMBERS. EACH MEMBER OWNS AN EQUAL SHARE REGARDLESS OF HIS OR HER ACCOUNT BALANCE. THE BOARD OF DIRECTORS AND OTHER VOLUNTEER COMMITTEES ARE CHOSEN AND STAFFED BY OUR MEMBERS. OUR GOAL IS SIMPLE -- NOT JUST TO MEET, BUT TO EXCEED OUR MEMBERS' EXPECTATIONS IN SERVICING ALL THEIR FINANCIAL NEEDS. false false INCOME FROM INTEREST ON LOANS TO CREDIT UNION MEMBERS IS ONE OF THE PRIMARY MISSIONS OF THE ORGANIZATION. INTEREST IS CHARGED ON THE LOANS TO MEMBERS AT MARKET RATES. REVENUE FROM ADMIN FEES IS DERIVED FROM CHARGES TO MEMBERS TO MAINTAIN ACCOUNTS, PROCESS LOANS, AND PROVIDE MANY EXTRA SERVICES TO ITS MEMBERS. INVESTMENTS ARE A VITAL PORTION OF SERVICES PROVIDED TO MEMBERS BY THE CREDIT UNION. THESE INVESTMENTS ALLOW MEMBERS TO SAVE AND INVEST MONEY AND INTEREST AND DIVIDENDS ON THESE SECURITIES ARE PAID AT MARKET RATES. false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 31250 0 true 70 true true true false false false false false X 7 6 false false false false false true true true true false true true false true true true true true true true true true X DEANNA FRAME 5616864006 3469 SUMMIT BLVD THE CU PBC WEST PALM BEACH FL 33406 X JOHN DEESE SEC/TREAS/CE 45.00 X X 511779 0 0 JAMES SNELGROVE BOD 4.00 X 0 0 0 STEVE CATALANO BOD 4.00 X 0 0 0 JAMES DAVIS BOD 4.00 X 0 0 0 WILLA FEARRINGTON BOD 4.00 X 0 0 0 THOMAS J SHEA CHAIRMAN 6.00 X 0 0 0 HERBERT KAHLERT VICE-CHAIRMA 4.00 X 0 0 0 511779 1 false true false USERSFISERV 75 REMITTANCE DR SUITE 6962 CHICAGO IL 606756962 DATA PROCESSING 479505 LOOMIS FARGO DEPT AT 40170 ATLANTA GA 311920170 CASH DELIVERY 119500 HAMILTON SAFE 7775 COOPER RD CINCINNATI OH 45242 SAFE MAINT 108987 3 INT FROM LOANS TO MEMBERS 4056111 4056111 ADMIN-MEMBER SERVICE FEES 3396841 3396841 NON-MEMBER ATM 525990 9620 9620 7462572 10000 17082 -7082 -7082 -7082 7455490 7445870 9620 511779 511779 1983879 1983879 392751 392751 89867 89867 87810 87810 78843 78843 OFFICE OPERATIONS 2196904 2196904 LOAN LOSS PROVISION 559264 559264 LOAN SERVICING 252353 252353 EDUCATIONAL AND PROMOTION 166775 166775 257274 257274 6577499 6577499 0 0 1889120 2643820 29788308 29532221 64989041 69860888 6224738 3920382 2273737 2304356 6602163 3862952 1968907 5290644 107511276 113494881 1218803 1326963 93771743 98769197 94990546 100096160 X 12520730 13398721 12520730 13398721 107511276 113494881 877991 X false true X true false 659317 659317 2225056 1217209 1007847 3340365 2703173 637192 2304356 MEMBER SHARES 98769197 98769197 7455490 7455490 7455490 6577499 6577499 6577499 X true true X X X X false false false JOHN DEESE SEC/TREAS/CEO 511779 12000 511779 FORM 990, PAGE 1, ITEM B ORIGINAL RETURN LISTED SOME EXPENSES IN ERROR, IN ADDITION TO OFFICERS BEING LISTED INCORRECTLY. THIS CORRECTS THIS. FORM 990 - ORGANIZATION'S MISSION PBC CREDIT UNION WAS ORGANIZED IN 1953 TO SERVE OUR MEMBERS' FINANCIAL NEEDS. AS A CREDIT UNION, WE OPERATE AS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE THAT ENCOURAGES THRIFT BY PROVIDING LOANS AT FAIR AND REASONABLE RATES, PAYING COMPETITIVE DIVIDENDS ON SAVINGS PRODUCTS AND IMPLEMENTING FEWER SERVICE FEES FOR OVERALL ACCOUNT MAINTENANCE. INSTEAD OF BEING RUN BY STOCKHOLDERS, WE ARE OWNED AND OPERATED BY OUR MEMBERS. EACH MEMBER OWNS AN EQUAL SHARE REGARDLESS OF HIS OR HER ACCOUNT BALANCE. THE BOARD OF DIRECTORS AND OTHER VOLUNTEER COMMITTEES ARE CHOSEN AND STAFFED BY OUR MEMBERS. OUR GOAL IS SIMPLE -- NOT JUST TO MEET, BUT TO EXCEED OUR MEMBERS' EXPECTATIONS IN SERVICING ALL THEIR FINANCIAL NEEDS. FORM 990, PAGE 6, PART VI, LINE 7A YES, MEMBERS ARE ELECTED TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 7B YES, DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B BOARD OF DIRECTORS, AT A REGULARLY SCHEDULED MEETING, WILL REVIEW A COPY OF THE FORM 990. THIS REVIEW MAY TAKE PLACE AFTER FILING. FORM 990, PAGE 6, PART VI, LINE 12C ENFORCEMENT OF CONFLICTS OF POLICY AND INTEREST ARE ENFORCED VIA WRITTEN CONTRACT. FORM 990, PAGE 6, PART VI, LINE 15A YES COMPENSATION FOR CEO IS SUBJECT TO APPROVAL BY BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL BY CEO AND BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO MEMBERS UPON REQUEST. FINANCIAL INFORMATION AVAILABLE TO PUBLIC THROUGH NCUA.