2012-11-15T17:10:21-00:00 2011-12-31 ORTH CHAKLER MURNANE AND CO CPAs 12060 SW 129 COURT SUITE 201 MIAMI FL 33186 990 2011-01-01 940335800 1st UNITED SERVICES CREDIT UNION 1STU 9255984837 PO BOX 11746 PLEASANTON CA 94588 STEVE STONE 2012-11-15 true AUBREY CLEGG 3052328272 2012-11-15 2011 2016-02-24 21:20:13Z VICTOR QUINT PO BOX 11746 PLEASANTON CA 94588 34734952 false 1526 X WWW.1STUSCU.ORG X CREDIT UNION 1932 CA TO PROVIDE A LIFETIME OF SIMPLER, FASTER, FRIENDLIER FINANCIAL SERVICES FOR OUR MEMBERS. 9 9 155 14 317568 -378722 0 34615844 29471348 3837232 3028804 1512947 38453076 34013099 0 0 9233052 10041857 0 0 28437664 22147444 37670716 32189301 782360 1823798 788708418 795239260 716709599 720280868 71998819 74958392 X 1ST UNITED SERVICES CREDIT UNION 1ST USCU SERVES MEMBERS PRIMARILY LOCATED IN THE EAST BAY OF THE SAN FRANCISCO BAY AREA, WITH A WIDE RANGE OF COMPETITIVELY PRICED PRODUCTS AND SERVICES. 1ST USCU OFFERS REAL ESTATE LOANS, NEW AND USED AUTO LOANS AND VISA CREDIT CARDS. 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ALL OF OUR PRODUCTS ARE AVAILABLE TO MEMBERS THROUGH OUR EXTENSIVE BRANCH NETWORK, VIA OUR MEMBER SERVICES CALL CENTER OR ONLINE AT WWW.1STUSCU.ORG. false false false false false false false false true false false false true true 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 false true 14446 0 true 155 true true true false false false false false X 9 9 false false false false true true false true true false false true true true true false true true true false CA X VICTOR QUINT 9255984837 PO BOX 11746 PLEASANTON CA 94588 HOWARD T GARRIGAN 001.00 X 0 0 7087 STEVE MANNING 001.00 X 0 0 6500 NAOMI O BURNS 001.00 X 0 0 6906 NEIL PETERSON 001.00 X 0 0 6614 DIANA BONANNO 001.00 X 0 0 6500 RICK CASTRO 001.00 X 0 0 6906 GERALD DEMARIA 001.00 X 0 0 7040 TERESITA M LAUIGAN 001.00 X 0 0 6953 DAVE MACDONALD 001.00 X 0 0 6906 VICTOR QUINT 040.00 X 361099 0 40824 STEPHEN M STONE 040.00 X 149772 0 16942 GREGORY PULLIAM 040.00 X 157515 0 25544 EDWARD RENTERIA 040.00 X 157902 0 25864 TOSHA EAGLES-WILLIAMS 040.00 X 147195 0 13398 973483 183984 12 false true false NCUA PAYMENT PROCESSING PO BOX 979069 ST ST LOUIS MO 631979000 PREMIUM ASSESSMENT AND SHARE INSURANCE 2795228 KAISER FOUNDATION HEALTH PLAN INC FILE NUMBER 73046 PO BOX 60000 SAN FRANCISCO CA 941603046 HEALTH INSURANCE 903101 DIEBOLD GLOBAL FINANCE PO BOX 644399 PITTSBURGH PA 152644399 ATM PROCESSING 834751 XP SYSTEMS CORP 75 REMITTANCE DRIVE SUITE 6963 CHICAGO IL 606756963 CORE DATA PROCESSING 749462 PEAK IP SOLUTIONS LLC 4683 CHABOT DRIVE PLEASANTON CA 94588 IP COMMUNICATIONS TECHNOLOGIES 310978 27 INCOME ON LOANS 522100 24645493 24645493 FEE INCOME 522100 4508287 4508287 UNRELATED BUSINESS INCOME 317568 317568 29471348 3051668 3051668 698989 721853 -22864 -22864 MISCELLANEOUS INCOME 522100 1512947 1512947 1512947 34013099 30666727 317568 3051668 0 0 0 0 996874 996874 0 7079714 7079714 453151 453151 875556 875556 636562 636562 0 94947 94947 148535 148535 0 0 791265 791265 554239 554239 265534 265534 1606858 1606858 0 1108627 1108627 51103 51103 0 195098 195098 5607400 5607400 72491 72491 1275721 1275721 135927 135927 SEE ATTACHED SCHEDULE 10239699 10239699 0 32189301 32189301 3957382 5300109 48073902 98200303 3291995 3041017 443596025 414605131 868594 920859 21962921 12489446 9982660 9473475 200765973 248787971 68390400 4200300 9781487 10710095 788708418 795239260 1182664 1146257 715526935 719134611 716709599 720280868 X 71998819 74958392 71998819 74958392 788708418 795239260 X 1823798 1135775 X false true true X false false 1760872 1760872 7499861 2360249 5139612 3148430 2619012 529418 9553758 7510185 2043573 9473475 REGULAR SHARES 108657372 SHARE DRAFTS 66909994 MONEY MARKET SHARES 216963223 SHARE CERTIFICATES 273275171 IRA/CD SHARES 53328851 719134611 34013099 32189301 1823798 1135775 1135775 2959573 34013099 34013099 34013099 32189301 32189301 32189301 X 2 FABS ASC TOPIC 740, INCOME TAXES, PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE CREDIT UNIONS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE- X 2 LIKELY-THAN-NOT THRESDHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEARS ENDED JUNE 30, 2011 AND 2010, MANAGMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. X X X false false false VICTOR QUINT 331099 30000 15102 25722 401923 STEPHEN M STONE 149772 10381 6561 166714 GREGORY PULLIAM 157515 10702 14842 183059 EDWARD RENTERIA 157902 11022 14842 183766 TOSHA EAGLES-WILLIAMS 147195 10304 3094 160593 Form 990 Part III 1 FOR SAVERS, 1ST USCU OFFERS A WIDE RANGE OF DEPOSIT PRODUCTS, INCLUDING CHECKING ACCOUNTS, MONEY MARKET ACCOUNTS, SHARE CERTIFICATED AND IRA CERTIFICATES. IN THE COMMUNITY, 1ST USCU OFFERS NO COST FINANCIAL EDUCATION SEMINARS TO MEMBERS, NON-MEMBERS, TEENS AND ADULTS. Form 990 Part VI 6 THE ORGANIZATION HAS MEMBERS. Form 990 Part VI 7 THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN ELECTION OF OFFICIALS. Form 990 Part VI 11 THE ASSISTANT CONTROLLER GATHERS AND PREPARES THE INFORMATION. SVP FINANCE, CAO, CFO AND CEO REVIEWS FORM 990 UPON COMPLETION. A COPY OF THE FORM IS MADE AVAILABLE TO EACH VOTING MEMBER OF THE BOARD PRIOR TO FILING. Form 990 Part VI 12C THE CREDIT UNIONS CONFLICT OF INTEREST POLICY IS PROVIDED TO EMPLOYEES IN THE EMPLOYEE HANDBOOK. ANNUALLY, EMPLOYEES ARE REMINDED OF THE POLICY AND ARE REQUIRED TO ACKNOWLEDGE IN WRITING THAT THEY HAVE READ THE POLICY, AS WELL AS THE OTHER SECTIONS IN THE HANDBOOK. MANAGERS ARE HELD ACCOUNTABLE TO MONITOR ADHERENCE TO THE POLICY AND TO ENSURE THEIR EMPLOYEES UNDERSTAND IT. Form 990 Part VI 15 COMPENSATION AT THE CREDIT UNION IS GOVERNED BY A BOARD OF DIRECTORS APPROVED SALARY ADMINISTRATION POLICY. THE CREDIT UNION SETS COMPENSATION RANGES FOR ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, USING A THIRD PARTY COMPENSATION CONSULTING FIRM. THIS THIRD PARTY ORGANIZATION PROVIDES COMPENSATION INFORMATION AND SALARY RANGES FOR COMPANIES NATIONWIDE. SALARY RANGES ARE DEVELOPED THROUGH NATIONWIDE, INDUSTRY-SPECIFIC COMPENSATION SURVEYS AND COMPENSATION BENCHMARKING FOR KEY POSITIONS. THE BOARD OF DIRECTORS APPROVE THE SALARY RANGES AND EVALUATE ANY ANNUAL CHANGES RECOMMENDED BY THE THIRD PARTY FIRM. SALARY LEVELS AND JOB GRADES FOR INDIVIDUAL POSITIONS ARE DETERMINED USING A JOB EVALUATION PROCESS PROVIDED BY THE THIRD PARTY FIRM. Form 990 Part VI 19 GENERALLY, GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC OR TO MEMBERS. MONTHLY FINANCIAL RESULTS ARE PUBLICLY POSTED. Form 990 Part XI 5 UNREALIZED GAIN ON INVESTMENTS CLASSIFIED AS AVAILABLE FOR SALE 1,135,775 Form 990 Part III Line 1 FOR SAVERS, 1ST USCU OFFERS A WIDE RANGE OF DEPOSIT PRODUCTS, INCLUDING CHECKING ACCOUNTS, MONEY MARKET ACCOUNTS, SHARE CERTIFICATED AND IRA CERTIFICATES. IN THE COMMUNITY, 1ST USCU OFFERS NO COST FINANCIAL EDUCATION SEMINARS TO MEMBERS, NON-MEMBERS, TEENS AND ADULTS. Form 990 Part VI Section A Line 6 THE ORGANIZATION HAS MEMBERS. Form 990 Part VI Section A Line 7 THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN ELECTION OF OFFICIALS. Form 990 Part VI Section B Line 11 THE ASSISTANT CONTROLLER GATHERS AND PREPARES THE INFORMATION. SVP FINANCE, CAO, CFO AND CEO REVIEWS FORM 990 UPON COMPLETION. A COPY OF THE FORM IS MADE AVAILABLE TO EACH VOTING MEMBER OF THE BOARD PRIOR TO FILING. Form 990 Part VI Section B Line 12C THE CREDIT UNIONS CONFLICT OF INTEREST POLICY IS PROVIDED TO EMPLOYEES IN THE EMPLOYEE HANDBOOK. ANNUALLY, EMPLOYEES ARE REMINDED OF THE POLICY AND ARE REQUIRED TO ACKNOWLEDGE IN WRITING THAT THEY HAVE READ THE POLICY, AS WELL AS THE OTHER SECTIONS IN THE HANDBOOK. MANAGERS ARE HELD ACCOUNTABLE TO MONITOR ADHERENCE TO THE POLICY AND TO ENSURE THEIR EMPLOYEES UNDERSTAND IT. Form 990 Part VI Section B Line 15 COMPENSATION AT THE CREDIT UNION IS GOVERNED BY A BOARD OF DIRECTORS APPROVED SALARY ADMINISTRATION POLICY. THE CREDIT UNION SETS COMPENSATION RANGES FOR ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, USING A THIRD PARTY COMPENSATION CONSULTING FIRM. THIS THIRD PARTY ORGANIZATION PROVIDES COMPENSATION INFORMATION AND SALARY RANGES FOR COMPANIES NATIONWIDE. SALARY RANGES ARE DEVELOPED THROUGH NATIONWIDE, INDUSTRY-SPECIFIC COMPENSATION SURVEYS AND COMPENSATION BENCHMARKING FOR KEY POSITIONS. THE BOARD OF DIRECTORS APPROVE THE SALARY RANGES AND EVALUATE ANY ANNUAL CHANGES RECOMMENDED BY THE THIRD PARTY FIRM. SALARY LEVELS AND JOB GRADES FOR INDIVIDUAL POSITIONS ARE DETERMINED USING A JOB EVALUATION PROCESS PROVIDED BY THE THIRD PARTY FIRM. Form 990 Part VI Section C Line 19 GENERALLY, GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC OR TO MEMBERS. MONTHLY FINANCIAL RESULTS ARE PUBLICLY POSTED. Form 990 Part XI Line 5 UNREALIZED GAIN ON INVESTMENTS CLASSIFIED AS AVAILABLE FOR SALE 1,135,775