2013-11-26T21:16:17-06:00 2012-12-31 SCHWARTZ COLE AND ASSOCIATES LLC 11776 W SAMPLE RD STE 106 CORAL SPRINGS FL 330653180 990 2012-01-01 850102571 CREDIT UNIONS IN THE STATE OF NEW M FIRST FINANCIAL CREDIT UNION CRED 5054621115 601 TIJERAS NW ALBUQUERQUE NM 87102 BEN HEYWARD 5054621115 2013-11-15 true DANIEL J COLE 9547551760 2013-11-26 2012 2016-03-07 17:11:31Z BEN HAYWARD 601 TIJERAS NW ALBUQUERQUE NM 87102 24054367 false X WWW.FFNM.COM X 1937 NM FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. 9 9 175 34702 -5648 0 21977676 23708473 730277 345894 0 22707953 24054367 0 0 9670655 10546623 0 0 12069528 10990991 21740183 21537614 967770 2516753 378922941 392331576 344882273 355774155 34040668 36557421 FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. false false INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS. FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES. EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUSE, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS. false false false false false false false false false true false false false true false false true 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 1500 0 true 175 true true true false false false false false X 9 9 false false false false false true true true true true false false true true true false true true true false X KAREN BROTEN 5054621062 601 TIJERAS NW ALBUQUERQUE NM 87102 VICTOR PADILLA 5.00 X 0 0 0 CATHY THOMAS 5.00 X 0 0 0 JOHN BLUMENTHAL 5.00 X 0 0 0 KENNETH CARSON SR 5.00 X 0 0 0 LORETTA MONTOYA 5.00 X 0 0 0 RONALD MOOREHEAD 45.00 X 232857 0 0 ANDREW T SCHOL 45.00 X 115232 0 0 KAREN BROTEN 45.00 X 113291 0 0 GAVIN GILLETTE 45.00 X 106142 0 0 PAMELA RONCADORI 45.00 X 103683 0 0 LORETTA TRUJILLO 45.00 X 101859 0 0 CASSIE KELLEY 5.00 X 0 0 0 PABLO RAEL 5.00 X 0 0 0 JOHN SECHRIST 5.00 X 0 0 0 VINCENT ESPARZA 5.00 X 0 0 0 BEN HEYWARD 45.00 X 362911 0 0 1135975 7 false true false DEBORAH SELIGMAN PO BOX 7806 ALBAQUERQUE NM 871947806 ATTORNEY 211016 1 LOAN INTEREST 15756443 15756443 FEES AND CHARGES 5692349 5692349 OTHER NON OPERATING INCOME 2224979 2224979 NON-MEMBER ATM FEES 525990 34702 34702 23708473 345894 345894 24054367 24019665 34702 8269033 529839 1747751 1453772 243989 2171523 335304 OFFICE OPERATIONS 2868494 PROVISIONS FOR LOAN LOSSE 1212000 PROFESSIONAL FEES 1109286 EDUCATIONAL AND PROMOTION 673808 922815 21537614 0 0 0 6591187 11760086 34140279 23779859 270867002 312400017 20473339 10219400 9448559 10253939 30407701 22811011 10534994 3305190 13628029 11326664 378922941 392331576 1667596 343214677 355774155 344882273 355774155 X 34040668 36557421 34040668 36557421 378922941 392331576 2516753 X false false 1443437 1443437 5731320 986094 4745226 3685866 2493803 1192063 9612716 6739503 2873213 10253939 MEMBER SHARES 355774155 355774155 false false false RONALD MOOREHEAD 232857 232857 BEN HEYWARD 362911 362911 EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS FORM 990, PAGE 1, PART I, LINE 6 THE VOLUNTEERS FORM THE SUPERVISORY COMMITTEE WHICH OVERSEAS THE ELECTION OF THE BOARD OF DIRECTORS AND ALSO REVIEWS THE AUDITS. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A YES THERE IS A PROCESS FOR THE ELECTION OF MEMBERS. THE MEMBER MUST FIRST MEET CERTAIN REQUIREMENTS SUCH AS LENGTH OF TIME OF MEMBERSHIP, UNDERSTANDING OF HOW A CREDIT UNION WORKS, AND THE SERVICES OFFERED. THEY ARE THEN ELECTED TO NOMINATION BY A NOMINATING COMMITTEE OF 3 PEOPLE AFTER BEING EVALUATED BY THE COMMITTEE. THE MEMBER MUST THEN BE VOTED ONTO THE CREDIT UNIONS BOARD OF DIRECTORS BY OTHER MEMBERS. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP. OFFICERS WHO CANNOT BE REACHED FORM 990, PAGE 6, PART VI, LINE 9 PAMELA RONCADORI GAVIN GILLETTE ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 REVIEWED AT REGULARLY SCHEDULED BOARD MEETING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C YES, THE ENFORCEMENT OF A CONFLICTS OF INTEREST POLICY IS ACTIVELY CARRIED OUT BY THE ORGANIZATION. THE POLICY IS PRINTED IN THE EMPLOYEE HANDBOOK AND IS ALSO INTEGRATED INTO THE BOARD OF DIRECTORS POLICIES. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A YES, COMPENSATION FOR TOP OFFICALS IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD. IN ADDITION, CREDIT UNION USES COMPENSATION COMMITTEE AND COMPENSATION SURVEY. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B YES, COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL BY CEO AND VP OF HUMAN RESOURCES. SALARY SURVEYS ARE USED. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THE BOOKS ARE AVAILABLE TO THE PUBLIC TO REVIEW UPON REQUEST. THE CALL REPORT IS ALSO OPEN TO THE PUBLIC TO REVIEW AND IS PUBLUSHED ON THE NCUA WEBSITE. THE CURRENT MONTHS STATEMENT OF FINANCIAL POSITION IF HUNG IN THE LOBBY OF EACH BRANCH.