2025-11-17T18:11:46-06:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 840500890 PREMIER MEMBERS CREDIT UNION PREM 3036577592 360 INTERLOCKEN BLVD BROOMFIELD CO 80021 CARLOS PACHECO PRESIDENT/CEO 3036577592 2025-11-17 0 AUBREY CLEGG P01076395 3052328272 2025-11-14 2024 2025-03-06 01:10:19Z CARLOS PACHECO 360 INTERLOCKEN BLVD BROOMFIELD CO 80021 98429568 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 14 370 0 43572 15388 0 0 75515913 82702701 10957107 13945741 1191798 630454 87664818 97278896 103000 172770 0 0 31645565 28455862 0 0 0 52079576 64603401 83828141 93232033 3836677 4046863 1752754223 1812059465 1618221963 1671759739 134532260 140299726 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 78,000 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 43973 0 1 370 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 30000 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 40000 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 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 CARLOS PACHECO PRESIDENT/CEO 40.00 X 734711 0 47460 MARK WIETE EVP FINANCE & ADMINISTRATION 40.00 X 397668 0 52790 BRIAN RESCH EVP CONSUMER BANKING 40.00 X 169442 0 22684 CHRISTOPHER VINALL SVP INFORMATION TECHNOLOGY 40.00 X 257807 0 19258 DAVID LEMMON SVP CREDIT OFFICER 40.00 X 218937 0 22660 DANIELLE DECAMILLIS SVP CONSUMER MORTGAGES 40.00 X 205819 0 21823 KATIE SCHMIDT SVP MEMBER OPERATIONS 40.00 X 204130 0 11997 CLAIRE LINDLEY VP FINANCE 40.00 X 196427 0 958 AMANDA KUTZLER SVP CONSUMER RETAIL 40.00 X 185259 0 10890 GIANGUYEN RICOTTA VP CREDIT CARDS & PAYMENT SERVICES 40.00 X 173230 0 10333 ROBERT MCKAMIE VP TECHNOLOGY OPERATIONS 40.00 X 187066 0 34823 KEN BOTELER SVP HUMAN RESOURCES & ORGANIZATIONAL 40.00 X 194009 0 20784 JEREMY MOYER MORTGAGE SALES MANAGER 40.00 X 216917 0 18600 WILLIAM HEISLER SR. SYSTEMS DEVELOPER 40.00 X 192346 0 30355 DEBBIE HALE AVP INFO SECURITY 40.00 X 160322 0 17614 WILLIAM WALTERS AVP DATA & DIGITAL 40.00 X 152868 0 38449 DAVE BARETTA VP PROJECT MGMNT & ANALYSIS 40.00 X 142590 0 29165 4419548 0 410643 47 0 1 0 EXPLORE COMMUNICATIONS 3213 ZUNI ST DENVER CO 80211 MARKETING 1751222 ALKAMI TECHNOLOGY DEPT 2223 PO BOX 122223 DALLAS TX 75312 TECHNOLOGY 1188934 THE NEENAN COMPANY LLLP 3325 S TIMBERLINE STE 100 FORT COLLINS CO 80525 CONSTRUCTION 1137406 JACK HENRY & ASSOCIATES PO BOX 609 MONETT MO 65708 TECHNOLOGY 783343 OUTPUT SERVICES 6410 ODELL PLACE BOULDER CO 80301 COMMUNICATION 544426 32 INTEREST ON LOANS FROM MEMBERS 522100 73015922 73015922 FEES, CHARGES, & OTHERS 522100 9643207 9643207 FINANCE & INSURANCE 520000 43572 43572 82702701 13477854 13477854 128012 19317 108695 108695 108695 1599242 1131355 467887 467887 467887 MISCELLANEOUS INCOME 522100 239762 239762 GAIN ON LOAN SALES 522100 131139 131139 CUNA INCOME 522100 114593 114593 36265 14408 21857 521759 97278896 83735613 43572 13499711 X 142770 30000 3830965 18445017 684049 3726680 1769151 172315 252400 594990 2817458 5027745 2942683 58797 164965 35637123 163039 3653602 143804 PROVISION FOR LOAN LOSS 7426457 LOAN SERVICING 1427154 ONLINE BANKING 1215580 CO-OP EXPENSE 997047 1908242 93232033 6974024 6603700 97200152 112674267 12230228 11554690 11514325 1306568875 1306551042 1553294 1812979 54410784 17709213 38460767 36701571 240064945 268305970 12580246 12411646 1439055 359764 36358175 42893973 1752754223 1812059465 28060805 28190159 173527700 171527700 1416633458 1472041880 1618221963 1671759739 X 0 0 0 0 134532260 140299726 134532260 140299726 1752754223 1812059465 X 4046863 1203778 516825 X X 0 1 X 1 0 9666378 9666378 27246506 6033165 21213341 2588198 355227 2232971 14909702 11320821 3588881 36701571 MEMBER SHARE AND SAVINGS ACCOUNTS 1472041880 1472041880 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) 17135 0 TO SUPPORT COMMUNITY PROGRAMS IMPROVING EDUCATION, HEALTH, AND FINANCIAL STABILITY BOULDER CHAMBER 5495 WESTERN AVE BOULDER CO 80302 840152700 501(C)(6) 26250 0 TO STRENGHTEN LOCAL BUSINESS GROWTH AND ECONOMIC DEVELOPMENT COLORADO WOMEN'S CHAMBER OF COMMERCE 865 ALBION ST SUITE 250 DENVER CO 80220 841145793 501(C)(6) 10000 0 TO EMPOWER WOMEN LEADERS AND ADVANCE BUSINESS OPPORTUNITIES WESTMINSTER PUBLIC SCHOOLS FOUNDATION 7002 N RALEIGH ST WESTMINSTER CO 80030 841088489 501(C)(3) 7500 0 TO PROVIDE FUNDING FOR STUDENT PROGRAMS AND EDUCATIONAL INITIATIVES CASTLE ROCK CHAMBER 420 JERRY ST CASTLE ROCK CO 80104 840802658 501(C)(6) 7250 0 TO PROMOTE LOCAL BUSINESS VITALITY AND CIMMUNITY DEVELOPMENT ARVADA CHAMBER 7502 W 80TH AVE 180 ARVADA CO 80003 840422091 501(C)(6) 6500 0 TO SUPPORT BUSINESS GROWTH AND ECONOMIC PROGRESS IN THE COMMUNITY LONGMONT CHAMBER 528 MAIN STREET LONGMONT CO 80501 840253845 501(C)(6) 6000 0 TO FOSTER LOCLA BUSINESS SUCCESS AND REGIONAL ECONOMIC GROWTH CITY OF THORNTON 9500 CIVIC CENTER DRIVE THORNTON CO 80229 6000 0 TO ENHANCE COMMUNITY SERVICES, DEVELOPMENT, AND RESIDENT WELL-BEING 2 6 SCHOLARSHIPS 6 30000 6 SCHOLARS PUEBLO COMMUNITY COLLEGE, COLORADO STATE UNIVERSITY (2X), UNIVERSITY OF PENNSYLVANIA, UNIVERSITY OF WYOMING, CASE WESTERN RESERVE UNIVERSITY, 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 1 1 0 CARLOS PACHECO PRESIDENT/CEO 633831 0 100880 0 0 0 15256 0 32204 0 782171 0 0 0 MARK WIETE EVP FINANCE & ADMINISTRATION 362344 0 35324 0 0 0 17904 0 34886 0 450458 0 0 0 CHRISTOPHER VINALL SVP INFORMATION TECHNOLOGY 240922 0 16885 0 0 0 0 0 19258 0 277065 0 0 0 DAVID LEMMON SVP CREDIT OFFICER 203927 0 15010 0 0 0 2308 0 20352 0 241597 0 0 0 JEREMY MOYER MORTGAGE SALES MANAGER 79031 0 137886 0 0 0 8363 0 10237 0 235517 0 0 0 DANIELLE DECAMILLIS SVP CONSUMER MORTGAGES 190853 0 14966 0 0 0 9883 0 11940 0 227642 0 0 0 WILLIAM HEISLER SR. SYSTEMS DEVELOPER 189504 0 2842 0 0 0 9350 0 21005 0 222701 0 0 0 ROBERT MCKAMIE VP TECHNOLOGY OPERATIONS 174170 0 12896 0 0 0 4425 0 30398 0 221889 0 0 0 KATIE SCHMIDT SVP MEMBER OPERATIONS 190393 0 13737 0 0 0 1760 0 10237 0 216127 0 0 0 KEN BOTELER SVP HUMAN RESOURCES & ORGANIZATIONAL 181402 0 12607 0 0 0 9046 0 11738 0 214793 0 0 0 CLAIRE LINDLEY VP FINANCE 186833 0 9594 0 0 0 328 0 630 0 197385 0 0 0 AMANDA KUTZLER SVP CONSUMER RETAIL 173176 0 12083 0 0 0 8608 0 2282 0 196149 0 0 0 BRIAN RESCH EVP CONSUMER BANKING 83706 0 85736 0 0 0 4160 0 18524 0 192126 0 0 0 WILLIAM WALTERS AVP DATA & DIGITAL 149913 0 2955 0 0 0 7961 0 30488 0 191317 0 0 0 GIANGUYEN RICOTTA VP CREDIT CARDS & PAYMENT SERVICES 164408 0 8822 0 0 0 8320 0 2013 0 183563 0 0 0 DEBBIE HALE AVP INFO SECURITY 153146 0 7176 0 0 0 6773 0 10841 0 177936 0 0 0 DAVE BARETTA VP PROJECT MGMNT & ANALYSIS 135141 0 7449 0 0 0 7025 0 22140 0 171755 0 0 0 PART I, LINES 4A-B BRIAN RESCH: $85,,736 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 8560899 0 1 1 RICK ALLEN FORMER CEO TO FUND COLATERAL ASSIGNED SPLIT DOLLAR LIFE INSURANCE X 2822800 2953426 0 1 1 11514325 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 11G ALM SERVICES 366,256. CONSULTING 228,734. FORM 990, PART IX, LINE 24E VISA EXPENSE 787,490. MISCELLANEOUS 537,186. SHARED BRANCHING 224,916. DEBIT/CREDIT CARD EXPENSE 165,887. HUMAN RESOURCES 154,676. OREO 35,843. UBIT 2,244. FORM 990, PART XI, LINE 9: UNREALIZED GAIN/(LOSS) ON FHLB CREDIT ENHANCEMENT -5,822. ACCUMULATED OTHER COMPREHENSIVE INCOME DERIVATIVES 522,647. 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 9157 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0