2024-10-29T08:33:20-05:00 2023-12-31 135565207 KPMG LLP 500 CAPITOL MALL SUITE 2100 SACRAMENTO CA 95814 990 2023-01-01 940362025 THE GOLDEN 1 CREDIT UNION GOLD 9167322900 8945 CAL CENTER DRIVE SACRAMENTO CA 95826 ALLYSON HILL EVP/CFO 9167322900 2024-10-29 1 0 CORI SADANAGA P01598167 9164484700 2023 2024-10-15 13:58:12Z DONNA A BLAND 8945 CAL CENTER DRIVE SACRAMENTO CA 95826 1134068655 0 X WWW.GOLDEN1.COM X 1933 CA THE GOLDEN 1 CREDIT UNION DELIVERS EXCEPTIONAL FINANCIAL SERVICES AND SUPPORT TO EMPOWER OUR MEMBERS AND COMMUNITIES. 9 9 2695 14 10662609 88825 0 0 395399377 608459458 121448152 180806726 112103531 108813926 628951060 898080110 0 0 0 0 202191045 223538474 0 0 0 302195553 534229378 504386598 757767852 124564462 140312258 18481868090 21129803548 17128619639 19594235874 1353248451 1535567674 X THE GOLDEN 1 CREDIT UNION DELIVERS EXCEPTIONAL FINANCIAL SERVICES AND SUPPORT TO EMPOWER OUR MEMBERS AND COMMUNITIES. THE PURPOSE OF THE CORPORATION IS TO ENGAGE IN CREDIT UNION BUSINESS AND ANY OTHER LAWFUL ACTIVITIES WHICH ARE NOT PROHIBITED TO A CREDIT UNION BY APPLICABLE LAWS OR REGULATIONS. 0 0 GOLDEN 1 OFFERS AN ARRAY OF DEPOSIT PRODUCTS TO OUR MEMBERSHIP, INCLUDING SAVINGS, CHECKING, MONEY MARKET, IRAS AND CERTIFICATES. WHILE EARNING COMPETITIVE DIVIDEND RATES, OUR MEMBERSHIP CAN ACCESS THEIR DEPOSITS THROUGH OUR BRANCH NETWORK, VIA AN ATM, ONLINE OR BY CALLING OUR MEMBER SERVICE CONTACT CENTER. GOLDEN 1 OFFERS AN ARRAY OF COMPETITIVE LOAN OPTIONS TO OUR MEMBERSHIP, INCLUDING NEW AND USED AUTO, FIRST MORTGAGE, HOME EQUITY, CREDIT CARD AND PERSONAL LOANS. GOLDEN 1 STRIVES TO MAINTAIN COMPETITIVE PRICING AND A VARIETY OF LOAN PRODUCTS THAT MEET OUR MEMBER'S BORROWING NEEDS. MEMBERS CAN APPLY FOR LOANS IN A BRANCH, ONLINE, OR AT AN AUTO DEALERSHIP. GOLDEN 1 OFFERS OUR MEMBERS AN ARRAY OF INSURANCE AND INVESTMENT-RELATED PRODUCTS SUCH AS CREDIT LIFE/CREDIT DISABILITY, MECHANICAL BREAKDOWN INSURANCE, GUARANTEED ASSET PROTECTION ANDFINANCIAL CONSULTING. 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 228005 0 2695 1 1 1 0 0 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 X ALLYSON HILL EVPCFO 9167322900 8945 CAL CENTER DRIVE SACRAMENTO CA 95826 KERI L THOMAS DIRECTOR, CHAIR 6.00 0.00 X 0 0 0 AEISHA MASTAGNI DIRECTOR, VICE CHAIR 6.00 0.00 X 0 0 0 P CRAIG CORNETT DIRECTOR, SECRETARY/TREASURER 6.00 0.00 X 0 0 0 KEELY BOSLER DIRECTOR 6.00 0.00 X 0 0 0 TING LAN SUN DIRECTOR 6.00 0.00 X 0 0 0 CASSANDRA JENNINGS DIRECTOR 6.00 0.00 X 0 0 0 SAMANTHA LUI DIRECTOR 6.00 0.00 X 0 0 0 PARIS COLEMAN DIRECTOR 6.00 0.00 X 0 0 0 CRAIG BROWN DIRECTOR 6.00 0.00 X 0 0 0 DONNA BLAND PRESIDENT AND CEO 60.00 0.00 X 1290044 0 43192 DUSTIN LUTON SEVP - SENIOR EXECUTIVE VICE PRESIDENT 60.00 0.00 X 620014 0 43360 ALLYSON HILL EVP - CHIEF FINANCIAL OFFICER 60.00 0.00 X 508204 0 19800 COURTNEY LINN EVP - HEAD OF LEGAL RISK AND COMPLIANCE 60.00 0.00 X 432523 0 59021 HEATHER ANDRADE-NEUMANN EVP - CHIEF PEOPLE OFFICER 60.00 0.00 X 405727 0 19973 EVGENIY TKACHUK SVP - CHIEF DIGITAL OFFICER 60.00 0.00 X 373038 0 53136 CHAD CARRINGTON SVP - CHIEF INFORMATION OFFICER 60.00 0.00 X 368773 0 21048 DONALD HAMILTON EVP - CHIEF LENDING OFFICER 60.00 0.00 X 349192 0 24896 DOUGLAS AGUIAR SVP - CHIEF MARKETING OFFICER 60.00 0.00 X 322430 0 43083 JOHN FISCHER EVP - CHIEF RETAIL OFFICER 60.00 0.00 X 302623 0 30741 KYLE LONG SVP - CORPORATE STRATEGY 60.00 0.00 X 296809 0 46914 WALTER ANASOVITCH SVP - SERVICE OPERATIONS 60.00 0.00 X 273849 0 40413 RYAN KELLY SVP - CHIEF AUDIT EXECUTIVE 60.00 0.00 X 266620 0 40910 WILLIAM POPPEN SVP - PRODUCT ANALYTICS AND RISK 60.00 0.00 X 56233 0 1076 JOLEEN AYERS VP - ENTERPRISE RISK OFFICER 50.00 0.00 X 225724 0 47795 MATTHEW FIGUEROA VP - TREASURER AND INVESTMENT OFFICER 50.00 0.00 X 224307 0 21334 KIRSTEN MILLER DIRECTOR - INFORMATION SECURITY AND THIRD-PARTY RI 50.00 0.00 X 183893 0 10950 MICHAEL HUNTLEY DIRECTOR - BUSINESS SERVICES 50.00 0.00 X 681247 0 61593 CHRISTAN YANGUAS HOME LOAN ADVISOR - EXTERNAL 50.00 0.00 X 431710 0 39654 KEVIN CAVANAUGH HOME LOAN ADVISOR - EXTERNAL 50.00 0.00 X 376983 0 53136 NIRMALYA MODAK HOME LOAN ADVISOR - EXTERNAL 50.00 0.00 X 366371 0 38252 JEFFREY ROGERS SR COMMERCIAL LOAN OFFICER 50.00 0.00 X 359502 0 52484 DEBORAH MERCHAIN HOME LOAN ADVISOR - EXTERNAL 50.00 0.00 X 460665 0 32009 RICHARD MUSCI EVP - PRODUCTS AND DELIVERY 50.00 0.00 X 415765 0 28017 ALAN RUSSELL HOME LOAN ADVISOR - EXTERNAL 50.00 0.00 X 389527 0 40566 JOSEPH HARRISON VP - COMPLIANCE OFFICER & BSA/AML AND OFAC OFFICER 50.00 0.00 X 275989 0 26909 STEVEN KNIGHTON SVP - HEAD OF BUSINESS SERVICES 50.00 0.00 X 242961 0 30360 CHANNING E YIP HOME LOAN ADVISOR - EXTERNAL 50.00 0.00 X 236728 0 15099 ALPHONSO COSBY VP - REGIONAL BR CHAN DELIV 50.00 0.00 X 213056 0 51419 REVATI RAO SVP - HEAD OF HOME LOANS 50.00 0.00 X 203600 0 22881 11154107 0 1060021 29 1 1 0 SACRAMENTO KINGS LP 500 J STREET 4TH FLOOR SACRAMENTO CA 95814 ADVERTISING 5364420 DNA BRAND MECHANICS 1301 FIFTH AVENUE SUITE 2600 SEATTLE WA 98101 ADVERTISING 4228162 ALLIED UNIVERSAL SECURITY SRVCS PO BOX 31001-2374 PASADENA CA 911102374 SECURITY SERVICES 1722930 BEACON HILL STAFFING GROUP LLC 152 BOWDOIN STREET BOSTON MA 02108 RECRUITMENT 1315192 BRADLEY K WARD DBA CROSSCHECK ADVISING G 29 COURTE DRIVE LITTLE ROCK AR 72223 CONSULTING 736123 541 INTEREST INCOME - LOAN 522200 608459458 608459458 608459458 148928271 148928271 149201000 118666000 147708894 88279651 1492106 30386349 31878455 31878455 DEBIT CARD INCOME 522100 30920087 30920087 CHECKING ACCOUNTS FEE 522100 25867205 25867205 STAR NETWORK FEE INCOM 522100 21362243 21362243 30664391 20001782 10662609 108813926 898080110 887417501 10662609 0 12214128 163361136 12435647 22360280 13167283 2314205 546623 7926871 19505713 17904176 21920972 20643565 847562 1349355 82127511 17216075 865400 DISBURSEMENTS TO MEMBER 170876486 PROVISION FOR LOAN LOSS 86460044 PRODUCT SERVICES 33689883 ATM EXPENSES 21660500 28374437 757767852 160120547 177419178 249235198 2257509870 16515323 16673928 12328660156 13766983594 227759996 160820699 73326611 66939297 4790403889 3908928983 863606366 935348698 18481868090 21129803548 6605211 21570562 17122014428 19572665312 17128619639 19594235874 X 0 0 0 0 1353248451 1535567674 1353248451 1535567674 18481868090 21129803548 X 140312258 1026550 40980415 X 0 1 X 1 0 25000 25000 25000 1 CA CREDIT UNION 855 EAST GUASTI ROAD SUITE 202 ONTARIO CA 91761 942329967 25000 PART I-A, LINE 1: FORM 990 SCHEDULE C, PART 1-A, LINE 1 THE GOLDEN 1 CREDIT UNION CONTRIBUTED TO THE CALIFORNIA CREDIT UNION LEAGUE POLITICAL ACTION COMMITTEE (PAC) DURING 2023. 7837043 7837043 61739133 32882037 28857096 158183820 127938662 30245158 66939297 US GOVERNMENT AGENCY OBL.-AFS 3357494962 F US GOVERNMENT AGENCY OBL.-HTM 551434021 C 3908928983 SHARE DRAFTS AND MM ACCOUNTS 8122195713 REGULAR SHARES 4170029363 TERM SHARE CERTIFICATES 357917467 OTHER LIABILITIES 4122522769 OTHER DEPOSITS 300000000 BORROWED FUNDS 2500000000 19572665312 X 899106660 1026550 1026550 898080110 0 898080110 757767852 0 757767852 0 757767852 PART X, LINE 2: ASC TOPIC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT DISCLOSURE OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. RECOGNITION OF A TAX POSITION IS DETERMINED WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES. A TAX POSITION THAT MEETS THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY. THE CREDIT UNION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2023 AND 2022. X 1 1 X X X X 1 1 0 DONNA BLAND PRESIDENT AND CEO 955661 0 235627 0 98756 0 19800 0 23392 0 1333236 0 0 0 MICHAEL HUNTLEY DIRECTOR - BUSINESS SERVICES 159995 0 489446 0 31806 0 19800 0 41793 0 742840 0 0 0 DUSTIN LUTON SEVP - SENIOR EXECUTIVE VICE PRESIDE 455685 0 109204 0 55125 0 19800 0 23560 0 663374 0 0 0 ALLYSON HILL EVP - CHIEF FINANCIAL OFFICER 377256 0 60640 0 70308 0 19800 0 0 0 528004 0 0 0 DEBORAH MERCHAIN HOME LOAN ADVISOR - EXTERNAL 54892 0 368392 0 37381 0 19800 0 12209 0 492674 0 0 0 COURTNEY LINN EVP - HEAD OF LEGAL RISK AND COMPLIA 311267 0 65655 0 55601 0 19800 0 39221 0 491544 0 0 0 CHRISTAN YANGUAS HOME LOAN ADVISOR - EXTERNAL 12889 0 396101 0 22720 0 19800 0 19854 0 471364 0 0 0 RICHARD MUSCI EVP - PRODUCTS AND DELIVERY 238892 0 108700 0 68173 0 19800 0 8217 0 443782 0 0 0 KEVIN CAVANAUGH HOME LOAN ADVISOR - EXTERNAL 40004 0 300638 0 36341 0 19800 0 33336 0 430119 0 0 0 ALAN RUSSELL HOME LOAN ADVISOR - EXTERNAL 23264 0 322547 0 43716 0 19800 0 20766 0 430093 0 0 0 EVGENIY TKACHUK SVP - CHIEF DIGITAL OFFICER 334401 0 23119 0 15518 0 19800 0 33336 0 426174 0 0 0 HEATHER ANDRADE-NEUMANN EVP - CHIEF PEOPLE OFFICER 297881 0 53732 0 54114 0 19800 0 173 0 425700 0 0 0 JEFFREY ROGERS SR COMMERCIAL LOAN OFFICER 81567 0 255105 0 22830 0 19800 0 32684 0 411986 0 0 0 NIRMALYA MODAK HOME LOAN ADVISOR - EXTERNAL 6043 0 330266 0 30062 0 19243 0 19009 0 404623 0 0 0 CHAD CARRINGTON SVP - CHIEF INFORMATION OFFICER 266463 0 42363 0 59947 0 19800 0 1248 0 389821 0 0 0 DONALD HAMILTON EVP - CHIEF LENDING OFFICER 206271 0 75000 0 67921 0 13200 0 11696 0 374088 0 0 0 DOUGLAS AGUIAR SVP - CHIEF MARKETING OFFICER 212439 0 50696 0 59295 0 19274 0 23809 0 365513 0 0 0 KYLE LONG SVP - CORPORATE STRATEGY 244699 0 26265 0 25845 0 18061 0 28853 0 343723 0 0 0 JOHN FISCHER EVP - CHIEF RETAIL OFFICER 201541 0 55250 0 45832 0 14760 0 15981 0 333364 0 0 0 WALTER ANASOVITCH SVP - SERVICE OPERATIONS 213696 0 27254 0 32899 0 17021 0 23392 0 314262 0 0 0 RYAN KELLY SVP - CHIEF AUDIT EXECUTIVE 218517 0 39294 0 8809 0 16723 0 24187 0 307530 0 0 0 JOSEPH HARRISON VP - COMPLIANCE OFFICER & BSA/AML AN 235716 0 28608 0 11665 0 11202 0 15707 0 302898 0 0 0 JOLEEN AYERS VP - ENTERPRISE RISK OFFICER 182941 0 25296 0 17487 0 14458 0 33337 0 273519 0 0 0 STEVEN KNIGHTON SVP - HEAD OF BUSINESS SERVICES 182704 0 52815 0 7442 0 13529 0 16831 0 273321 0 0 0 ALPHONSO COSBY VP - REGIONAL BR CHAN DELIV 188947 0 1000 0 23109 0 12198 0 39221 0 264475 0 0 0 CHANNING E YIP HOME LOAN ADVISOR - EXTERNAL 14865 0 201531 0 20332 0 13557 0 1542 0 251827 0 0 0 MATTHEW FIGUEROA VP - TREASURER AND INVESTMENT OFFICE 173192 0 21757 0 29358 0 12089 0 9245 0 245641 0 0 0 REVATI RAO SVP - HEAD OF HOME LOANS 120134 0 64965 0 18501 0 10843 0 12038 0 226481 0 0 0 KIRSTEN MILLER DIRECTOR - INFORMATION SECURITY AND 151822 0 2500 0 29571 0 10950 0 0 0 194843 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A THE CREDIT UNION WILL REIMBURSE A DIRECTOR FOR REASONABLE ACTUAL EXPENSES INCURRED IN CONNECTION WITH ATTENDING APPROVED CONFERENCES, SEMINARS, AND OTHER BUSINESS FUNCTIONS. REIMBURSEMENT MAY INCLUDE EXPENSES FOR ONE IMMEDIATE FAMILY MEMBER TO FACILITATE TRAVEL TO AND FROM SUCH EVENT PER GOLDEN 1'S BOARD TRAVEL POLICY. FORM 990, SCHEDULE J, PART I, LINE 4A ONE VICE PRESIDENT RECEIVED A SEVERANCE PAYMENT IN 2023. FORM 990, SCHEDULE J, PART I, LINE 4B DONNA BLAND, PRESIDENT AND CEO, AND ONE CURRENT AND TWO FORMER EXECUTIVE VICE PRESIDENTS PARTICIPATE IN A SPLIT DOLLAR LIFE INSURANCE PLAN AS APPROVED BY THE BOARD OF DIRECTORS. DONNA BLAND CEO SPLIT DOLLAR LOAN X 6752218 7806957 0 1 1 RICHARD MUSCI FORMER EVP SPLIT DOLLAR LOAN X 1933000 2225768 0 1 1 TOM GENESSY FORMER EVP SPLIT DOLLAR LOAN X 3860500 3416589 0 1 1 DUSTIN LUTON EVP SPLIT DOLLAR LOAN X 2810000 3224614 0 1 1 16673928 FORM 990, PART IV, LINE 26 LOANS FROM THE CREDIT UNION TO INTERESTED PERSONS WERE MADE ON THE SAME TERMS AS OFFERED TO OTHER MEMBERS OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 6 THE GOLDEN 1 CREDIT UNION PROVIDES FINANCIAL SERVICES FOR ITS REGULATORY-PERMISSIBLE FIELD OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE GOLDEN 1 CREDIT UNION MEMBERS HAVE THE RIGHT TO VOTE FOR THE ELECTION OF DIRECTORS. THE GOLDEN 1 HAS ONE CLASS OF MEMBERS THAT SHALL BE RESTRICTED TO THE PERSONS AND ORGANIZATIONS HAVING SPECIFIC AFFILIATIONS OR IDENTIFYING CHARACTERISTICS ESTABLISHED BY THE BOARD OF DIRECTORS IN OUR FIELD OF MEMBERSHIP. THE GOLDEN 1'S FIELD OF MEMBERSHIP INCLUDES PERSONS WHO LIVE AND/OR REGULARLY WORK IN ONE OF OUR REGULATORY-PERMISSIBLE COMMUNITY CHARTER COUNTIES AND EMPLOYEES AND IMMEDIATE FAMILY MEMBERS OF OUR REGULATORY-PERMISSIBLE ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 7B THE GOLDEN 1 CREDIT UNION MEMBERS, BY A TWO-THIRDS (2/3) VOTE, SHALL HAVE THE POWER TO REVIEW THE ACTS AND REVERSE THE DECISIONS OF THE BOARD OF DIRECTORS OF THIS CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 11B A COMMITTEE OF THE GOLDEN 1 BOARD OF DIRECTORS WAS DESIGNATED TO REVIEW THE FORM 990, IN ADVANCE OF THE OCTOBER 24, 2024 GOLDEN 1 BOARD MEETING. THE COMMITTEE OF BOARD MEMBERS APPROVED THE 2023 FORM 990 ON OCTOBER 16, 2024. COPIES OF THE 2023 FORM 990 WERE PROVIDED TO THE FULL GOLDEN 1 BOARD IN ADVANCE OF THE FILING. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH BOARD POLICY, THE GOLDEN 1 REQUIRES ALL ELECTED OFFICIALS, COMMITTEE MEMBERS, OFFICERS, MANAGERS AND OTHER KEY EMPLOYEES DESIGNATED BY THE CHIEF EXECUTIVE OFFICE TO RECEIVE, COMPLETE, AND SIGN AN ANNUAL STATEMENT OF DISCLOSURE FORM. THE STATEMENT OF DISCLOSURE ASKS A SERIES OF QUESTIONS PERTAINING TO POTENTIAL CONFLICTS OF INTEREST. THE GOLDEN 1 ADMINISTRATION DEPARTMENT COORDINATES THE DISTRIBUTION, COLLECTION AND EXCEPTION REVIEW OF THE COMPLETED STATEMENTS. GOLDEN 1'S INTERNAL AUDIT DEPARTMENT PERFORMS AN ANNUAL AUDIT OF THE STATEMENT OF DISCLOSURES TO ENSURE COMPLIANCE WITH BOARD POLICY, TIMELINESS OF THE PROCESS AND APPROPRIATE REVIEW OF COMPLETED STATEMENTS. ON AN ANNUAL BASIS, THE BOARD ALSO REVIEWS AND APPROVES THE RELATED BOARD POLICY AND STATEMENT OF DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15 OFFICERS OF THE GOLDEN 1 CREDIT UNION INCLUDE THE CHIEF EXECUTIVE OFFICER (CEO), EXECUTIVE VICE PRESIDENTS (EVPS), AND SENIOR VICE PRESIDENTS (SVPS). THE COMPENSATION REVIEW PROCESS FOR OFFICERS IS AS FOLLOWS: CEO COMPENSATION: A COMMITTEE CONSISTING OF FOUR MEMBERS FROM THE BOARD OF DIRECTORS (CALLED THE CEO COMPENSATION COMMITTEE) IS FORMED EACH YEAR TO REVIEW CEO COMPENSATION. THE CHAIRMAN OF THIS COMMITTEE DIRECTS THE EVP/CHIEF PEOPLE OFFICER TO PROVIDE PAY TREND INFORMATION FOR REVIEW AND CONSIDERATION TAKING INTO CONSIDERATION ASSET SIZE, BUSINESS SCOPE, AND OVERALL COMPLEXITY OF THE OPERATIONS. SIMILAR INDUSTRY AND BANKING SURVEYS ARE USED FOR COMPARISON PURPOSES. THE RESULTS, WHICH ARE PROVIDED TO THE COMMITTEE, COMPARE BENCHMARK BASE PAY, INCENTIVE PAY, AND TOTAL COMPENSATION TO GOLDEN 1'S CURRENT CEO COMPENSATION PACKAGE. AFTER REVIEW AND CONSIDERATION, THE COMMITTEE PROVIDES A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS FOR APPROVAL. THE DECISION IS DOCUMENTED CONTEMPOARENOUSLY AND MAINTAINED IN HUMAN RESOURCES. EVP/SVP COMPENSATION: A SIMILAR ANALYSIS IS PERFORMED FOR THE EVPS/SVPS AS REQUESTED BY THE PRESIDENT & CEO. SIMILAR INDUSTRY AND BANKING SURVEYS ARE USED AS REFERENCED ABOVE. AN OVERALL COMPETITIVE ANALYSIS IS PERFORMED BY THE EVP/CHIEF PEOPLE OFFICER AND THE RESULTS AND SUPPORTING DOCUMENTATION ARE PRESENTED TO THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE GOLDEN 1 CREDIT UNION'S FORM 990 WILL BE AVAILABLE ON GUIDESTAR.ORG FOR PUBLIC INSPECTION. THE GOLDEN 1 CREDIT UNION'S QUARTERLY NATIONAL CREDIT UNION ADMINISTRATION (NCUA) CALL 5300 REPORT CONTAINS FINANCIAL AND STATISTICAL DATA. THIS REGULATORY REPORT IS AVAILABLE FOR PUBLIC INSPECTION ONLINE AT NCUA.GOV. GOLDEN 1'S ANNUAL REPORT IS PUBLICALLY AVAILABLE ON OUR WEBSITE AT GOLDEN1.COM. GOLDEN 1 MEMBERS MAY REQUEST COPIES OF FINANCIAL STATEMENTS BY CALLING OUR MEMBER SERVICE CONTACT CENTER. FORM 990, PART XI, LINE 9: CHANGE IN COMPREHENSIVE LOSS 98,707,322. UNREALIZED GAINS ON INV 1,026,550. CUMULATIVE CHANGE FROM ADOPTION OF ASU 2016-13 -58,753,457.