2024-08-19T14:23:10-05:00 2024-03-31 060903326 WHITTLESEY PC 280 TRUMBULL ST 24TH FL HARTFORD CT 06103 990 2023-04-01 060659505 FINEX CREDIT UNION FINE 8602820001 616 BURNSIDE AVENUE EAST HARTFORD CT 06108 MICHAEL PALLADINO PRESIDENT 8602820001 2024-08-19 1 1 THOMAS GOLDFUSS P01373588 8605223111 2023 2024-08-08 14:25:15Z MICHAEL PALLADINO 616 BURNSIDE AVENUE EAST HARTFORD CT 06108 10167569 0 X WWW.FINEXCU.ORG X CREDIT UNION 1938 CT FINANCIAL SERVICES 10 10 56 0 31733 6976 0 0 7609533 9528459 242624 439832 146721 199278 7998878 10167569 0 0 0 0 3508725 4231006 0 0 0 4258821 7779469 7767546 12010475 231332 -1842906 112609874 148562385 102456848 135633924 10153026 12928461 TO PROVIDE LOW COST FINANCIAL SERVICES TO THE CREDIT UNION OWNER DEPOSITORS. 0 0 MAINTENANCE OF MEMBERS' DEPOSIT ACCOUNTS, AND PAYMENT OF INTEREST AND DIVIDENDS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1807 0 1 56 1 1 1 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 1 1 1 1 0 0 1 1 1 0 1 1 0 1 0 X LYNN E WILKINS 8602820001 616 BURNSIDE AVENUE EAST HARTFORD CT 06108 ANTHONY HOMICKI CHAIRPERSON 1.00 X X 0 0 0 PETER LUPI VICE CHAIRPERSON 1.00 X X 0 0 0 STEVEN BAFUNDO TREASURER 1.00 X X 0 0 0 GINA DORAN SECRETARY 1.00 X X 0 0 0 JOYCE REYNOLDS DIRECTOR 1.00 X 0 0 0 GUY LABELLA DIRECTOR 1.00 X 0 0 0 DAVID FLANAGAN DIRECTOR 1.00 X 0 0 0 SHAWNA WOODBERRY DIRECTOR 1.00 X 0 0 0 FRANCIS MICHAEL GUERRERA III DIRECTOR 1.00 X 0 0 0 PAUL FALCONE DIRECTOR 1.00 X 0 0 0 MICHAEL FERRARO COO 40.00 X 362269 0 11138 MICHAEL PALLADINO PRESIDENT/CEO 40.00 X 342403 0 2375 KRISTINA ZIEGLER VP OF LENDING AND SALES 40.00 X 193709 0 15982 ELAINE ORSINI FORMER VP, LENDING & RISK MANAGEMENT 40.00 X 211830 0 1263 SUNNY NARIYANI AVP MARKETING 40.00 X 124793 0 13345 1235004 0 44103 5 0 1 0 0 INTEREST INCOME ON LOANS 522291 6398211 6398211 MEMBER SERVICE FEES 525990 2040104 2008371 31733 GAIN ON SALE OF MORTGAGES 522220 703704 703704 LOAN SERVICING FEES 525990 386440 386440 9528459 439832 439832 OTHER REVENUE 522291 199278 199278 199278 10167569 9696004 31733 439832 1235004 1981149 769642 245211 134775 35109 82045 462103 291225 857220 1092173 1006109 64320 1208309 238056 31005 PROVISION FOR CREDIT LO 1264094 LOAN SERVICING EXPENSE 660256 DUES 181132 OTHER EXPENSES 151206 20332 12010475 6956899 5233033 15430643 12314081 2178769 4724545 76308805 112504783 528602 652799 6663882 3001197 2509796 3662685 1474463 2046290 7221897 7424169 112609874 148562385 2075677 3609119 135000 95000 5500000 5750000 94746171 126179805 102456848 135633924 X 0 0 0 0 10153026 12928461 10153026 12928461 112609874 148562385 X -1842906 4618341 X 0 1 X 1 0 502752 502752 4420671 1279132 3141539 358023 292962 65061 1382436 1429103 -46667 3662685 MEMBERS SHARES AND SAVINGS ACCOUNTS 126104923 OPERATING LEASE LIABILITY 74882 126179805 1 0 0 0 MICHAEL FERRARO COO 362269 0 0 0 0 0 0 0 11138 0 373407 0 0 0 MICHAEL PALLADINO PRESIDENT/CEO 342403 0 0 0 0 0 0 0 2375 0 344778 0 0 0 ELAINE ORSINI FORMER VP, LENDING & RISK MANAGEMENT 211830 0 0 0 0 0 0 0 1263 0 213093 0 0 0 KRISTINA ZIEGLER VP OF LENDING AND SALES 193709 0 0 0 0 0 0 0 15982 0 209691 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS AND RATIFY THEIR ACTIONS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE MERGERS AT THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 11B THE CREDIT UNION WILL REVIEW THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15B FULL BOARD MUST APPROVE BASED ON COMPETITIVE REVIEW. POLICY INCLUDES BOTH BASE PAY BENCHMARKING AND INCENTIVE COMPENSATION CONSISTENT WITH BUDGET. FORM 990, PART VI, SECTION C, LINE 19 ITEMS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NON-CONTROLLING EQUITY DISTRIBUTION -300,000. ADOPTION OF ASU 2016-13 -372,120. FIRST CONNECTICUT CREDIT UNION MERGER 5,284,912. DIVIDEND 5,549. MORTGAGE MARKETS CUSO LLC 616 BURNSIDE AVENUE EAST HARTFORD CT 06128 753103689 MORTGAGE LENDING CT 1213793 4453288 FINEX CREDIT UNION