2013-11-15T21:40:55-06:00 2012-12-31 SCHWARTZ COLE AND ASSOCIATES LLC 11776 W SAMPLE RD STE 106 CORAL SPRINGS FL 330653180 990 2012-01-01 590947735 STATE CHARTERED CREDIT UNIONS OF FL STAT 5616864006 3469 SUMMIT BLVD WEST PALM BEACH FL 33406 JOHN DEESE 5616864006 2013-11-15 true DANIEL J COLE 9547551760 2013-11-15 2012 2016-02-25 16:41:14Z PBC CREDIT UNION JOHN DEESE 3469 SUMMIT BLVD WEST PALM BEACH FL 33406 7276113 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. 8 7 70 6 9223 -16527 0 7209456 7195470 14461 80643 0 7223917 7276113 0 0 2087463 2297212 0 0 3863305 3680148 5950768 5977360 1273149 1298753 103896949 107511276 92674973 94990547 11221976 12520729 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 true 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 33500 0 true 70 true true true false false false false false X 8 7 false false false false false true true true true false true true false true true true true true true true true true X PAM ROWER 5616864006 3469 SUMMIT BLVD THE CU PBC WEST PALM BEACH FL 33406 RUTH BEUTER 5.00 X 0 0 0 STEVE CATALANO 5.00 X 0 0 0 WILLA FEARRINGTON 5.00 X 0 0 0 THOMAS J SHEA 5.00 X 0 0 0 HERBERT KAHLERT 5.00 X 0 0 0 JOHN DEESE 55.00 X 606633 0 19782 JAMES SNELGROVE 5.00 X 0 0 0 JEROME P NOLAN 5.00 X 0 0 0 606633 19782 1 false true false USERSFISERV 75 REMITTANCE DR SUITE 6962 CHICAGO IL 606756962 DATA PROCESSING 447059 HAMILTON SAFE 7775 COOPER RD CINCINNATI OH 45242 SAFE MAINT 158352 LOOMIS FARGO DEPT AT 40170 ATLANTA GA 311920170 CASH DELIVERY 120461 3 INT FROM LOANS TO MEMBERS 3940496 3940496 ADMIN-MEMBER SERVICE FEES 3245751 3245751 NON-MEMBER ATM 525990 9223 9223 7195470 80643 80643 7276113 7266890 9223 606633 1690579 395818 72785 116148 91213 OFFICE OPERATIONS 2011321 LOAN LOSS PROVISION 326761 LOAN SERVICING 252665 EDUCATIONAL AND PROMOTION 182445 230992 5977360 0 0 0 2488832 1889120 29559696 29788308 64302544 64989041 5826406 3552669 2354071 2273737 3216295 6602163 1975511 1968907 103896949 107511276 1472454 1218804 91202519 93771743 92674973 94990547 X 11221976 12520729 11221976 12520729 103896949 107511276 1298753 X false true X true false 659317 659317 2378175 1138248 1239927 2788914 2414421 374493 2273737 ALL OTHER INVESTMENTS 6602163 ALL OTHER INVESTMENTS IN CORP CU 6602163 MEMBER SHARES 93771743 93771743 7276113 7276113 7276113 5977360 5977360 5977360 X true true X X X X false false false JOHN DEESE 606633 19782 626415 ORGANIZATION'S MISSION 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. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A YES, MEMBERS ARE ELECTED TO THE BOARD. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B YES, DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 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. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C ENFORCEMENT OF CONFLICTS OF POLICY AND INTEREST ARE ENFORCED VIA WRITTEN CONTRACT. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A YES COMPENSATION FOR CEO IS SUBJECT TO APPROVAL BY BOARD OF DIRECTORS. COMPENSATION PROCESS FOR OFFICERS 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. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO MEMBERS UPON REQUEST. FINANCIAL INFORMATION AVAILABLE TO PUBLIC THROUGH NCUA.