2015-11-19T15:25:41-06:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2014-07-29 952015359 COASTHILLS CREDIT UNION COAS 8057337640 3880 CONSTELLATION ROAD LOMPOC CA 93436 MARTY CHATHAM CFO/SVP 8057337640 2015-11-19 1 JANIS ISAACSON P00089104 6022662248 2014 2016-03-07 17:11:31Z X JEFFREY C YORK 3880 CONSTELLATION ROAD LOMPOC CA 93436 21579844 0 X WWW.COASTHILLS.COOP X 1958 CA IT IS THE MISSION OF COASTHILLS CREDIT UNION TO SERVE MEMBERS WITH FINANCIAL PRODUCTS AND SUPERIOR CUSTOMER SERVICE TO HELP THEM ACHEIVE THEIR FINANCIAL GOALS. 9 9 240 14 76140 -129148 0 20829042 419167 0 21248209 0 0 7073863 0 0 9852190 16926053 4322156 743559642 789538843 676831419 718425507 66728223 71113336 X WE SEE EACH DAY AS AN OPPORTUNITY TO SERVE OUR COMMUNITIES AND MAKE A DIFFERENCE IN OUR NEIGHBORS' LIVES. YES, THAT MEANS MAKING AFFORDABLE CAR LOANS AND HELPING PEOPLE SAVE MONEY, BUT IT'S MORE THAN THAT. YOU'LL SEE US OUT IN THE COMMUNITY, SLEEVES ROLLED UP, GETTING THINGS DONE. LENDING OUR TIME, EFFORT AND FINANCIAL SUPPORT TO THE CENTRAL COAST IS WHAT WE DO. AND WE LOVE IT. 0 0 THE CREDIT UNION PROVIDES DRAFT AND SHARE ACCOUNTS, CONSUMER AND BUSINESS LOANS, SHARE CERTIFICATES, AND OTHER EXEMPT ACTIVITIES TO ITS MEMBERS. 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 18574 0 1 240 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X MARTY CHATHAM 8057337600 3880 CONSTELLATION ROAD LOMPOC CA 93436 HUGH J RAFFERTY CHAIRMAN 2.00 X 600 0 0 RICARDO VELASCO 1ST VICE CHAIRMAN 2.00 X 683 0 0 WILLIAM H ANDERS 2ND VICE CHAIRMAN 2.00 X 1637 0 0 ARTHUR C SHEITHAUER JR TREASURER 2.00 X 1096 0 0 SHIRLEEN SLADEK SECRETARY OF THE BOARD 2.00 X 0 0 0 RICHARD B COGGIN DIRECTOR 2.00 X 600 0 0 DAVID M RICHARDSON DIRECTOR 2.00 X 1291 0 0 ROGER C WELT DIRECTOR 2.00 X 1262 0 0 KRISTOPHER L ANDREWS DIRECTOR 2.00 X 1416 0 0 JEFFREY C YORK CEO/PRESIDENT 40.00 X 643310 0 36864 MARTY L CHATHAM SVP/CFO 40.00 X 220314 0 21775 DAVID J UPHAM EVP/COO 40.00 X 235594 0 17335 DALLAS E WIDICK JR VP LENDING 40.00 X 168037 0 16124 SCOTT D COE SVP MARKETING 40.00 X 158221 0 10204 LISA NISSINEN-HARLOW SVP HUMAN RESOURCES 40.00 X 169623 0 12828 JOSE SEVA SVP INFORMATION TECHNOLOGY 40.00 X 187063 0 20551 BRUCE A ALTHEIDE VP WEALTH MANAGEMENT 40.00 X 320906 0 17051 ROBERT COVARRUBIAS AVP BUSINESS LENDING 40.00 X 136248 0 14040 LINDA JARRET OLIVAR AVP INTERNAL AUDIT 40.00 X 117963 0 13318 KIMBERLY CHAMBERS AVP MORTGAGE 40.00 X 119232 0 18487 JAIME MARKS-RODRIGUEZ AVP SOUTH REGION 40.00 X 104242 0 14043 JOSEPH MAYHEW AVP CONSUMER LENDING 40.00 X 128147 0 18848 2717485 0 231468 19 0 1 0 JACK HENRY INCORPORATED 330 N GERALD LETT AVE ANGOLA IN 46703 DATA PROCESSING SOFTWARE AND EQUIPMENT 674254 DIEBOLD INCORPORATED 5995 MAYFAIR ROAD NORTH CANTON OH 44720 ATM SERVICING & SECURITY EQUIPMENT 388253 LENDING SOLUTIONS INCORPORATED 2200 POINT BOULEVARD ELGIN IL 60123 CALL CENTER OVERFLOW 379320 SUBCAT INCORPORATED 271 IMPERIAL HIGHWAY 641 FULLERTON CA 92835 MARKETING 295431 MERIDIAN LINK INCORPORATED 1600 SUNFLOWER AVE COSTA MESA CA 92626 LOAN ORIGINATION SOFTWARE 222856 25 INTEREST ON LOANS TO MEMBERS 522100 16313094 16313094 OTHER NON INTEREST INCOME 522100 2604822 2604822 FEES TO MEMBERS 522100 1834986 1834986 UNRELATED BUSINESS INCOME 524298 76140 76140 20829042 438492 438492 312310 331635 -19325 -19325 -19325 21248209 21172069 76140 0 1229475 3777266 383035 1313895 370192 224125 29258 129929 417177 681107 1534359 233383 2121579 631009 PROVISION FOR LOAN LOSS 1416999 PROCESSING EXPENSES 872561 MISC EXPENSES 547397 CREDIT CARD EXPENSES 478700 534607 16926053 3214131 3764428 56100595 35292734 201060 3123007 3075396 4160307 653803800 714276976 1679867 1238840 31377358 17704937 13975824 13672421 4167626 4404681 7341343 9605449 743559642 789538843 46232992 75210017 630598427 643215490 676831419 718425507 X 0 0 0 0 66728223 71113336 66728223 71113336 743559642 789538843 4322156 62957 0 X X 0 1 X 1 0 5787 5787 5787 1 CALIFORNIA CREDIT UNION LEAGUE PO BOX 51476 ONTARIO CA 91761 940357265 5787 PART I-A, LINE 1: CONTRIBUTIONS TO A POLITICAL ORGANIZATION. 4245400 4245400 14485489 7291172 7194317 1312452 770095 542357 11334017 9643670 1690347 13672421 CLEARING AND MEMBER ACCTS 643215490 643215490 X PART X, LINE 2: THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN POSITIONS EXIST AS OF DECEMBER 31, 2014 AND 2013. X X X 1 1 X X X X X 0 0 0 JEFFREY C YORK CEO/PRESIDENT 366619 0 52050 0 224641 0 19150 0 17714 0 680174 0 0 0 MARTY L CHATHAM SVP/CFO 200720 0 19177 0 417 0 8062 0 13713 0 242089 0 0 0 DAVID J UPHAM EVP/COO 202320 0 17111 0 16163 0 8750 0 8585 0 252929 0 0 0 DALLAS E WIDICK JR VP LENDING 152398 0 14278 0 1361 0 6253 0 9871 0 184161 0 0 0 SCOTT D COE SVP MARKETING 138197 0 13008 0 7016 0 5818 0 4386 0 168425 0 0 0 LISA NISSINEN-HARLOW SVP HUMAN RESOURCES 150304 0 14184 0 5135 0 6229 0 6599 0 182451 0 0 0 JOSE SEVA SVP INFORMATION TECHNOLOGY 170331 0 16344 0 388 0 6838 0 13713 0 207614 0 0 0 BRUCE A ALTHEIDE VP WEALTH MANAGEMENT 33743 0 282895 0 4268 0 8466 0 8585 0 337957 0 0 0 ROBERT COVARRUBIAS AVP BUSINESS LENDING 119496 0 13852 0 2900 0 5455 0 8585 0 150288 0 0 0 BRUCE ALTHEIDE KEY EMPLOYEE LOC - UNSECURED X 15000 6360 0 0 1 BRUCE ALTHEIDE KEY EMPLOYEE HELOC X 71193 53982 0 0 1 BRUCE ALTHEIDE KEY EMPLOYEE AUTO LOAN X 34089 20926 0 0 1 BRUCE ALTHEIDE KEY EMPLOYEE CREDIT CARD X 12000 6412 0 0 1 BRUCE ALTHEIDE KEY EMPLOYEE MORTGAGE X 554000 458893 0 0 1 MARTY CHATHAM OFFICER AUTO LOAN X 33744 16946 0 0 1 MARTY CHATHAM OFFICER HELOC X 59000 54957 0 0 1 MARTY CHATHAM OFFICER CREDIT CARD X 27000 16285 0 0 1 MARTY CHATHAM OFFICER MORTGAGE X 472000 414437 0 0 1 SCOTT COE KEY EMPLOYEE HELOC X 87381 54281 0 0 1 SCOTT COE KEY EMPLOYEE CREDIT CARD X 29000 7776 0 0 1 SCOTT COE KEY EMPLOYEE MORTGAGE X 240000 215047 0 0 1 DAVID UPHAM OFFICER HELOC X 50000 0 0 0 1 DAVID UPHAM OFFICER AUTO LOAN X 44965 38208 0 0 1 DAVID UPHAM OFFICER HELOC X 45120 45120 0 0 1 DAVID UPHAM OFFICER MORTGAGE X 367000 366340 0 0 1 DAVID UPHAM OFFICER MORTGAGE X 240000 209428 0 0 1 DALLIS WIDICK KEY EMPLOYEE 2ND MORTGAGE X 58500 51775 0 0 1 DALLIS WIDICK KEY EMPLOYEE AUTO LOAN X 50257 50257 0 0 1 DALLIS WIDICK KEY EMPLOYEE CREDIT CARD X 23000 16712 0 0 1 DALLIS WIDICK KEY EMPLOYEE MORTGAGE X 468000 392141 0 0 1 JEFFREY YORK OFFICER HELOC X 122500 99500 0 1 1 JEFFREY YORK OFFICER CREDIT CARD X 29000 4107 0 1 1 JEFFREY YORK OFFICER MORTGAGE X 980000 977756 0 1 1 JEFFREY YORK OFFICER MORTGAGE X 678150 582661 0 1 1 4160307 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A ALL REGULAR ACCOUNT HOLDERS ARE REQUIRED TO HAVE EXACTLY ONE $5.00 PAR VALUE BASIC SHARE WHICH CONFERS VOTING RIGHTS IN THE ANNUAL ELECTIONS FOR THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B CREDIT UNION MEMBERS VOTED TO APPROVE A CONVERSION FROM FEDERALLY CHARTERED STATUS TO STATE CHARTERED STATUS DURING 2014. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS AVAILABLE FOR MEMBERS OF THE BOARD AND THE SUPERVISORY COMMITTEE TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C LOANS TO OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REPORTED QUARTERLY TO THE NCUA AND AGGREGATED BY SOCIAL SECURITY NUMBER. FORM 990, PART VI, SECTION B, LINE 15 COASTHILLS CREDIT UNION USES MARKET DATA BALANCECOMP ALONG WITH DATA FROM CUES TO HELP SET CEO COMPENSATION. COASTHILLS BOARD OF DIRECTORS COMMISSIONED D. HILTON ASSOCIATES TO CONDUCT A SEPARATE STUDY OF CEO COMPENSATION. AFTER DISCUSSIONS WITH BALANCECOMP AND D. HILTON ASSOCIATES, THE BOARD OF DIRECTORS MAKES A DECISION WHERE TO SET CEO COMPENSATION BASED UPON BOTH PERFORMANCE AND MARKET FACTORS. THESE DECISIONS ARE RECORDED IN THE BOARD EXECUTIVE COMMITTEE MINUTES AND CONFIRMED BY THE ENTIRE BOARD EXECUTIVE COMMITTEE. FOR OTHER OFFICERS AND KEY EMPLOYEES, COASTHILLS CREDIT UNION USES A COMPENSATION MATRIX PROVIDED BY BALANCECOMP THAT INCORPORATES MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF MONTHLY FINANCIAL STATEMENTS ARE KEPT IN EACH OF OUR 11 BRANCH LOCATIONS AND ARE AVAILABLE ON REQUEST. FORM 990, PART XII, LINE 2C THE SUPERVISORY COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS. THERE HAS BEEN NO CHANGE IN EITHER THE OVERSIGHT PROCESS OR THE SELECTION PROCESS. ADDITIONAL INFORMATION PRIOR TO JULY 29, 2014, COASTHILLS CREDIT UNION WAS ORGANIZED AS A FEDERALLY-CHARTERED CREDIT UNION UNDER IRC SECTION 501(C)(1) AND OPERATED AS COASTHILLS FEDERAL CREDIT UNION. A FEDERALLY-CHARTERED CREDIT UNION IS AN INSTRUMENTALITY OF THE US GOVERNMENT AND IS NOT REQUIRED TO FILE FORM 990. EFFECTIVE JULY 29, 2014, THE ORGANIZATION CONVERTED TO A STATE CHARTER. AS A RESULT, THIS IS AN INITIAL RETURN. COASTHILLS WEALTH MANAGEMENT LLC 3880 CONSTELLATION ROAD LOMPOC CA 93436 861097244 MANAGEMENT OF MEMBER INVESTMENT ACCOUNTS CA -18708 571 COASTHILLS CREDIT UNION