2024-10-30T18:01:04-05:00 2023-12-31 382492570 DOEREN MAYHEW 305 WEST BIG BEAVER ROAD TROY MI 48084 990 2023-01-01 840500890 PREMIER MEMBERS CREDIT UNION PREM 3036577592 360 INTERLOCKEN BLVD BROOMFIELD CO 80021 CARLOS PACHECO PRESIDENT/CEO 3036577592 2024-10-24 1 0 JACK C TRACY P01974742 2482443000 2024-10-24 2023 2024-10-15 13:58:12Z CARLOS PACHECO 360 INTERLOCKEN BLVD BROOMFIELD CO 80021 90262995 0 X WWW.PMCU.ORG X 1950 CO TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THE CREDIT UNION BY AFFORDING THEM THE OPPORTUNITY TO ACCUMULATE PAYMENTS ON SHARES AND MAKE LOANS FROM THESE SHARES TO ITS MEMBERS. 14 14 400 14 44241 15862 0 0 57294704 75515913 5999272 10957107 1255274 1191798 64549250 87664818 0 103000 0 0 27767366 31645565 0 0 0 30919332 52079576 58686698 83828141 5862552 3836677 1729814818 1752754223 1596391718 1618221963 133423100 134532260 TO PROMOTE THRIFT AND PROVIDE LOWER COST CREDIT TO THE MEMBERS OF THE CREDIT UNION BY AFFORDING THEM THE OPPORTUNITY TO ACCUMULATE PAYMENTS ON SHARES AND MAKE LOANS FROM THESE SHARES TO ITS MEMBERS. 0 0 PROVIDE A WIDE VARIETY OF FINANCIAL PRODUCTS AND SERVICES TO MEMBERS OF THE CREDIT UNION. OVER 77,000 MEMBERS SERVED. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 36207 0 1 400 1 1 1 0 0 0 0 0 0 0 X 14 14 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X MARK WIETE 3036577000 360 INTERLOCKEN BLVD BROOMFIELD CO 80021 MARK GISI DIRECTOR 2.00 X 32500 0 0 WAYNE TURNACLIFF DIRECTOR 2.00 X 30000 0 0 JAMES ELLIS DIRECTOR 2.00 X 30000 0 0 JAMES CLEMMER DIRECTOR 2.00 X 30000 0 0 KENNETH BLACK CO-SECRETARY 2.00 X 30000 0 0 JOANNE TILLEY VICE CHAIRPERSON 2.00 X 30000 0 0 MICHAEL MEYERS CHAIRPERSON 2.00 X 37500 0 0 BRIAN GISI SECRETARY 2.00 X 30000 0 0 PETER JANSKY TREASURER 2.00 X 30000 0 0 HARVEY A KAMIONKA CO-TREASURER 2.00 X 30000 0 0 LYNEL VALLIER DIRECTOR 2.00 X 30000 0 0 ELAINE HUTCHINGS DIRECTOR 2.00 X 7500 0 0 GARY HORTON DIRECTOR 2.00 X 30000 0 0 SHEUCH-FONG HSU DIRECTOR 2.00 X 30000 0 0 AMANDA MEADER DIRECTOR 2.00 X 30000 0 0 MARK WIETE EVP FINANCE & ADMINISTRATION 40.00 X 818899 0 45497 CARLOS PACHECO PRESIDENT/CEO 40.00 X 800810 0 33008 BRIAN RESCH EVP CONSUMER BANKING 40.00 X 309201 0 44259 CHRISTOPHER VINALL SVP INFORMATION TECHNOLOGY 40.00 X 246441 0 18583 DAVID LEMMON SVP CREDIT OFFICER 40.00 X 214031 0 20654 DANIELLE DECAMILLIS SVP CONSUMER MORTGAGES 40.00 X 200019 0 21724 KATIE SCHMIDT SVP STRATEGIC INITIATIVES 40.00 X 198106 0 12252 JASON L BAUER SVP MARKETING 40.00 X 194007 0 39536 CLAIRE LINDLEY VP FINANCE 40.00 X 191873 0 19604 AMANDA KUTZLER SVP CONSUMER RETAIL 40.00 X 181160 0 10194 GIANGUYEN RICOTTA VP CREDIT CARDS & PAYMENT SERVICES 40.00 X 180024 0 7824 STEPHANIE HUDDLESTON SVP CONSUMER LENDING 40.00 X 177301 0 10953 ROBERT MCKAMIE VP TECHNOLOGY OPERATIONS 40.00 X 171573 0 29979 KEN BOTELER SVP HUMAN RESOURCES & ORGANIZATIONAL DEVELOPMENT 40.00 X 174361 0 19292 JENNIFER MRAVICH VP MARKETING 40.00 X 151362 0 11389 STEVEN SHRADER VP REAL ESTATE & SECURITY 40.00 X 150616 0 17489 JEREMY MOYER MORTGAGE SALES MANAGER 40.00 X 297855 0 16464 JASON ANAYA-LEDEBOER COMMERCIAL LOAN OFFICER 40.00 X 159126 0 7135 MIRYAM CASTRO MORTGAGE LOAN OFFICER 40.00 X 141293 0 22650 NICOLAS NEHF IT BUSINESS APPLICATIONS MGR 40.00 X 142292 0 15273 HOLLY SOROKA VP ACCOUNTING 40.00 X 137745 0 21843 5675595 0 445602 43 0 1 0 EXPLORE COMMUNICATIONS 3213 ZUNI ST DENVER CO 80211 MARKETING 1852024 ALKAMI TECHNOLOGY DEPT 2223 PO BOX 122223 DALLAS TX 75312 TECHNOLOGY 1134523 THE NEENAN COMPANY LLLP 3325 S TIMBERLINE STE 100 FORT COLLINS CO 80525 CONSTRUCTION 921660 RK SERVICE LLC 3800 XANTHIA STREET DENVER CO 80238 HVAC CONSTRUCTION 814244 JACK HENRY & ASSOCIATES PO BOX 609 MONETT MO 65708 TECHNOLOGY 806474 40 INTEREST ON LOANS FROM MEMBERS 522100 65768001 65768001 FEES, CHARGES, & OTHERS 522100 9703671 9703671 FINANCE & INSURANCE 520000 44241 44241 75515913 10237449 10237449 60793 9171 51622 51622 51622 3308664 2589006 719658 719658 719658 MISCELLANEOUS INCOME 522100 803128 803128 CUOLI GAIN 522100 181549 181549 CUNA INCOME 522100 78690 78690 76809 76809 1140176 87664818 77201579 44241 10418998 X 78000 25000 5159521 19819185 725863 3840411 2100585 107616 217921 499077 3215445 5002648 3150327 67693 239246 26030164 159294 3581621 172258 PROVISION FOR LOAN LOSS 3426083 LOAN SERVICING 1375954 ONLINE BANKING 1143273 CO-OP EXPENSE 1081937 2609019 83828141 8204743 6974024 48950876 97200152 11247384 11554690 1270706934 1306568875 1759717 1553294 54478378 16017611 41119799 38460767 274777336 240064945 14169051 12580246 2518347 1439055 56360631 36358175 1729814818 1752754223 26539081 28060805 178809500 173527700 1391043137 1416633458 1596391718 1618221963 X 0 0 0 0 133423100 134532260 133423100 134532260 1729814818 1752754223 X 3836677 55437 -2782954 X X 0 1 X 1 0 10075869 10075869 28937065 6128471 22808594 1381681 176705 1204976 14083763 9712435 4371328 38460767 MEMBER SHARE AND SAVINGS ACCOUNTS 1416633458 1416633458 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)(14)), FROM FEDERAL AND STATE INCOME TAXES. 1 MILE HIGH UNITED WAY 711 PARK AVENUE WEST DENVER CO 80205 840404235 501(C)(3) 21000 0 CHARITABLE CONTRIBUTION 1 0 SCHOLARSHIPS 5 25000 PART I, LINE 2: RECIPIENT ORGANIZATIONS ARE CAREFULLY CHOSEN BY PREMIER MEMBERS CREDIT UNION. FUNDS ARE CONSIDERED CHARITABLE CONTRIBUTIONS, NOT GRANTS. THEREFORE, THERE IS NO SUBSEQUENT MONITORING BY THE CREDIT UNION SUBSEQUENT TO DISBURSEMENT. SCHEDULE I, PART I, LINE 2 HIGH SCHOOL SENIORS CAN NOW APPLY FOR ONE OF FIVE $5,000 SCHOLARSHIPS AT PREMIER MEMBERS CREDIT UNION TOWARD TUITION AT A COLLEGE, UNIVERSITY OR TRADE SCHOOL. STUDENTS ARE CHOSEN BASED ON ACADEMICS, COMMUNITY INVOLVEMENT, AND EXTRACURRICULAR ACTIVITIES. X 1 1 X X X X 0 1 0 MARK WIETE EVP FINANCE & ADMINISTRATION 335545 0 483354 0 0 0 16449 0 29048 0 864396 0 0 0 CARLOS PACHECO PRESIDENT/CEO 597026 0 203784 0 0 0 7680 0 25328 0 833818 0 0 0 BRIAN RESCH EVP CONSUMER BANKING 267730 0 41471 0 0 0 13501 0 30758 0 353460 0 0 0 JEREMY MOYER MORTGAGE SALES MANAGER 73933 0 223922 0 0 0 8258 0 8206 0 314319 0 0 0 CHRISTOPHER VINALL SVP INFORMATION TECHNOLOGY 222067 0 24374 0 0 0 0 0 18583 0 265024 0 0 0 DAVID LEMMON SVP CREDIT OFFICER 192808 0 21223 0 0 0 4311 0 16343 0 234685 0 0 0 JASON L BAUER SVP MARKETING 175350 0 18657 0 0 0 8778 0 30758 0 233543 0 0 0 DANIELLE DECAMILLIS SVP CONSUMER MORTGAGES 180335 0 19684 0 0 0 9262 0 12462 0 221743 0 0 0 CLAIRE LINDLEY VP FINANCE 172682 0 19191 0 0 0 8505 0 11099 0 211477 0 0 0 KATIE SCHMIDT SVP STRATEGIC INITIATIVES 178074 0 20032 0 0 0 3153 0 9099 0 210358 0 0 0 ROBERT MCKAMIE VP TECHNOLOGY OPERATIONS 158167 0 13406 0 0 0 0 0 29979 0 201552 0 0 0 KEN BOTELER SVP HUMAN RESOURCES & ORGANIZATIONAL 161689 0 12672 0 0 0 8111 0 11181 0 193653 0 0 0 AMANDA KUTZLER SVP CONSUMER RETAIL 160998 0 20162 0 0 0 8017 0 2177 0 191354 0 0 0 STEPHANIE HUDDLESTON SVP CONSUMER LENDING 160212 0 17089 0 0 0 0 0 10953 0 188254 0 0 0 GIANGUYEN RICOTTA VP CREDIT CARDS & PAYMENT SERVICES 157547 0 22477 0 0 0 7824 0 0 0 187848 0 0 0 STEVEN SHRADER VP REAL ESTATE & SECURITY 139503 0 11113 0 0 0 6970 0 10519 0 168105 0 0 0 JASON ANAYA-LEDEBOER COMMERCIAL LOAN OFFICER 114569 0 44557 0 0 0 7135 0 0 0 166261 0 0 0 MIRYAM CASTRO MORTGAGE LOAN OFFICER 32851 0 108442 0 0 0 3888 0 18762 0 163943 0 0 0 JENNIFER MRAVICH VP MARKETING 140106 0 11256 0 0 0 1347 0 10042 0 162751 0 0 0 HOLLY SOROKA VP ACCOUNTING 127397 0 10348 0 0 0 6500 0 15343 0 159588 0 0 0 NICOLAS NEHF IT BUSINESS APPLICATIONS MGR 130593 0 11699 0 0 0 6570 0 8703 0 157565 0 0 0 PART I, LINE 4B THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS TO THE PRESIDENT/CEO, CARLOS PACHECO, THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR." AT SPECIFIED TIMES, THE PARTICIPANT MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE UNDERLYING LIFE INSURANCE POLICY TO SUPPLEMENT RETIREMENT INCOME. THESE DRAWS ARE TAX FREE FOR THE PARTICIPANT. UPON THE PARTICIPANT'S DEATH THE CREDIT UNION RECOVERS ITS PREMIUMS PLUS INTEREST, PLUS KEY-PERSON INSURANCE PROCEEDS. CARLOS PACHECO PRESIDENT/CEO TO FUND COLATERAL ASSIGNED SPLIT DOLLAR LIFE INSURANCE X 8075517 8457099 0 1 1 RICK ALLEN FORMER CEO TO FUND COLATERAL ASSIGNED SPLIT DOLLAR LIFE INSURANCE X 2822800 3097591 0 1 1 11554690 FORM 990, PART VI, SECTION A, LINE 2 MARK GISI, MEMBER OF THE BOARD OF DIRECTORS, AND BRIAN GISI, MEMBER OF THE BOARD OF DIRECTORS, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 PARTICIPATION IN THIS CREDIT UNION IS LIMITED TO THOSE WHO QUALIFY FOR MEMBERSHIP AS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF THOSE WHO LIVE OR WORK IN BOULDER, BROOMFIELD, LARIMER, WELD, JEFFERSON, ADAMS, DENVER, DOUGLAS, ARAPAHOE, EL PASO, PUEBLO, AND ELBERT COUNTIES IN COLORADO; THOSE WHO LIVE OR WORK IN THE TOWN OF ESTES PARK, THE TOWN OF GLEN HAVEN, OR THE TOWN OF DRAKE IN COLORADO; THOSE WHO ARE A MEMBER OF AN APPROVED EMPLOYEE, STUDENT, AND VOLUNTEER GROUPS; THOSE WHO CONTRIBUTE TO SELECT CHARITABLE ORGANIZATIONS; AND THOSE WHO ARE MEMBERS OF AN APPROVED COMMON BOND INTEREST GROUP. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, INDIVIDUALS THAT ARE RELATED BY BLOOD, MARRIAGE, OR ADOPTION TO AN ELIGIBLE PERSON ARE ALSO ELIGIBLE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ANNUALLY ELECT THE BOARD OF DIRECTORS TO SERVE MULTIPLE-YEAR TERMS BY MAILING IN BALLOTS OR VOTING AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS DECISIONS MADE BY THE BOARD OF DIRECTORS FOR A CREDIT UNION ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE CREDIT UNION AS SET FORTH IN NCUA RULES AND REGULATIONS AND APPLICABLE STATE REGULATIONS. FORM 990, PART VI, SECTION A, LINE 8B THE CREDIT UNION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL BE REVIEWED BY RISK MANAGEMENT, FINANCE, AND THE CEO PRIOR TO FILING. ADDITIONALLY, FORM 990 WILL BE MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C AT THE TIME OF HIRE AND AT LEAST ONCE EACH YEAR, ALL EMPLOYEES ARE ASKED TO COMPLETE A WRITTEN ACKNOWLEDGMENT TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. CREDIT UNION VOLUNTEERS ARE SIMILARILY REQUESTED TO DISCLOSE ANY SUCH CONFLICTS OF INTEREST UPON TAKING OFFICE. THE BOARD OF DIRECTORS REVIEWS THE CODE OF CONDUCT POLICY ANNUALLY. INTERNAL AUDIT AUDITS THESE ANNUALLY TO CONFIRM EVERYONE'S ACKNOWLEDGEMENT. FORM 990, PART VI, SECTION B, LINE 15 FOR THE CEO POSITION, THE BOARD CHAIRPERSON ANNUALLY CONDUCTS RESEARCH ON EXECUTIVE COMPENSATION, UTILIZING INDUSTRY DATA FROM ORGANIZATIONS. THE BOARD APPROVES THE RECOMMENDED COMPENSATION STRUCTURE FOR THE CEO POSITION. FOR TOP MANAGEMENT COMPENSATION, THE CREDIT UNION UTILIZED BALANCEDCOMP AS AN INDEPENDENT COMPENSATION CONSULTANT. THIS IS DOCUMENTED IN EACH EMPLOYEE'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE CREDIT UNION. MONTHLY FINANCIAL STATEMENTS ARE AVAILABLE AND ARE ON DISPLAY AT THE CREDIT UNION. QUARTERLY FINANCIAL DATA IS ACCESSIBLE TO THE PUBLIC AT WWW.NCUA.GOV. FORM 990, PART IX, LINE 24E VISA EXPENSE 874,523. MISCELLANEOUS 690,072. HUMAN RESOURCES 642,581. SHARED BRANCHING 239,450. DEBIT/CREDIT CARD EXPENSE 160,043. UBIT 2,350. FORM 990, PART XI, LINE 9: UNREALIZED GAIN/(LOSS) ON FHLB CREDIT ENHANCEMENT 17,046. CUMULATIVE EFFECT FROM CHANGE IN ACCOUNTING PRINCIPLE -2,800,000. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART IV, LINE 34 FOOTHILLS FINANCIAL SERVICES, INC. HAD NO ACTIVITY DURING THE YEAR. FOOTHILLS FINANCIAL SERVICES INC 5505 ARAPAHOE AVENUE BOULDER CO 80303 840571011 INVESTMENT SERVICES CO PREMIER MEMBERS CREDIT UNION C 9155 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0