2013-11-13T16:49:59-06:00 2012-12-31 202122306 GBQ PARTNERS LLC 230 WEST STREET SUITE 700 COLUMBUS OH 432152663 990 2012-01-01 340800260 P S E CREDIT UNION INC PSEC 4405455105 5255 REGENCY DRIVE PARMA OH 44129 PEGGY A KOCH 4405455105 2013-11-11 1 MOLLIE LONGHOUSE P00294881 6142211120 2012 2016-02-24 21:20:13Z JANICE L THOMAS 5255 REGENCY DRIVE PARMA OH 44129 4105207 0 X WWW.PSECREDITUNION.ORG X 1955 OH THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS. 8 8 64 14 13270 -39026 0 0 3998811 3646361 398880 458846 0 0 4397691 4105207 0 0 0 0 1865863 1878670 0 0 0 2761345 2924662 4627208 4803332 -229517 -698125 112352081 115155520 100702520 104182737 11649561 10972783 THE PURPOSE OF THIS CREDIT UNION SHALL BE TO PROMOTE THRIFT AND TO PROVIDE CREDIT FOR ITS MEMBERS. 0 0 PROVIDE FINANCIAL SERVICES TO MEMBERS. 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2322 0 1 64 1 1 1 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X PEGGY A KOCH 4405455105 5255 REGENCY DRIVE PARMA OH 44129 STEELE NOWLIN 1.00 X X 0 0 0 DALE MCMAHAN 1.00 X X 0 0 0 KENNETH NOETZEL 1.00 X X 0 0 0 ROBERT VASIL 1.00 X X 0 0 0 DARLENE DEMARCO 1.00 X 0 0 0 STEVE KOSMOS 1.00 X 0 0 0 KAREN NEUMAN 1.00 X 0 0 0 DAVID TOETZ 1.00 X 0 0 0 KARL ANDERSON THRU 227 1.00 X 0 0 0 GARY ABRAMOWSKI THRU 1217 1.00 X 0 0 0 JANICE L THOMAS 37.50 X 120432 0 27904 PEGGY A KOCH 37.50 X 74487 0 8432 194919 0 36336 1 0 0 0 PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT CARD PROCESSOR 362118 VANTIV 5050 KINGSLEY DRIVE CINCINNATI OH 45263 ATM/DEBIT CARD PROCESSOR 263845 FISERV 4897 LAKE PARK BLVD 200 SALT LAKE CITY UT 84120 DATA PROCESSOR 113657 BFIS (BRIDGESTONE AMERICA) 1655 S MAIN STREET AKRON OH 44301 STATEMENT PROCESSOR 104544 4 INTEREST INCOME 522100 2398122 2398122 FEES & COMMISSIONS 522100 887734 874464 13270 OTHER OPERATING INCOME 522100 360505 360505 3646361 458846 458846 4105207 3633091 13270 458846 231255 1248607 104936 183174 110698 18883 25224 31327 303221 1393961 194778 7080 35831 292384 252296 129937 PROVISION FOR LOAN LOSS 196211 DUES 43529 4803332 1778420 1608638 19137025 22335078 50816073 45800378 6112971 3015087 3183116 3097884 10793044 26306409 24625500 14160500 2018903 1846633 112352081 115155520 1512131 732251 99190389 103450486 100702520 104182737 X 0 0 0 0 11649561 10972783 11649561 10972783 112352081 115155520 -698125 21347 0 X X 0 1 X 1 0 0 0 614433 614433 2757879 1175369 1582510 909068 422474 486594 1831591 1417244 414347 3097884 CERTIFICATES 5758000 C CORPORATE CREDIT UNION INVESTMENTS 7400000 C OTHER COOP INVESTMENT 1002500 C 14160500 MEMBER SHARES AND DEPOSITS 103450486 103450486 X 4105207 0 4105207 0 4105207 4803332 0 4803332 0 4803332 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FASB ASC, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. THE CREDIT UNION'S INCOME TAX RETURNS PRIOR TO 2009 ARE CLOSED. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN TRANSACTIONS AND CHANGES TO THE CODE OF REGULATIONS ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CEO AND VP OF FINANCE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED, MONITORED AND UPDATED ANNUALLY BY KEY EMPLOYEES AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED AND SET BY THE BOARD OF DIRECTORS. FOR THE OTHER EMPLOYEES' COMPENSATION, THE CEO PERFORMS REVIEWS AND SETS SALARIES WITHIN PARAMETERS ESTABLISHED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED AT EACH BRANCH OFFICE AND ALL OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A SUPERVISORY COMMITTEE THAT IS ESTABLISHED BY THE BOARD OF DIRECTORS.