2024-05-03T10:12:49-05:00 2023-12-31 350905017 WHITINGER & COMPANY LLC 1100 W WHITE RIVER BLVD MUNCIE IN 473033776 990 2023-01-01 351089892 FIRST TRUST CREDIT UNION FIRS 2198796161 950 E US HIGHWAY 20 MICHIGAN CITY IN 46360 KIM KNIOLA CEO 2198796161 2024-04-22 1 KIM KNIOLA 999009999 0 TERRY D BRUMLEY CPA P00314191 7652843384 2024-04-22 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z KIM KNIOLA 950 E US HIGHWAY 20 MICHIGAN CITY IN 46360 7024551 0 X WWW.FIRSTTRUSTCU.COM X 1959 IN THE CREDIT UNION ANTICIPATES AND PROVIDES FINANCIAL NEEDS, WANTS, AND GOALS FOR OUR MEMBER-OWNERS, INCLUDING VARIOUS LOANS AT REASONABLE RATES AND SAVINGS ACCOUNTS WITH A GOOD RETURN. 7 7 47 0 25931 4876 0 0 4693767 4809338 1402303 2098311 63917 116902 6159987 7024551 0 0 0 0 2259374 2316185 0 0 0 2619752 3082327 4879126 5398512 1280861 1626039 171651792 160830490 154111751 141682981 17540041 19147509 THE CREDIT UNION ANTICIPATES AND PROVIDES FINANCIAL NEEDS, WANTS, AND GOALS FOR OUR MEMBER-OWNERS, INCLUDING VARIOUS LOANS AT REASONABLE RATES AND SAVINGS ACCOUNTS WITH A GOOD RETURN. 0 0 5398512 FIRST TRUST CREDIT UNION OFFERS ITS MEMBERS LOW COST CONSUMER LOANS AND COMPETITIVE RATES ON REGULAR SAVINGS, CERTIFICATES OF DEPOSITS, IRA'S, MONEY MARKETS, AND CLUB ACCOUNTS, 5398512 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 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 2215 0 47 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 1 1 0 0 1 1 1 1 0 IN X THE ORGANIZATION 2198796161 950 E US HIGHWAY 20 MICHIGAN CITY IN 46360 LINDA BECHINSKI SECRETARY 1.00 X 0 0 0 JOHN HENDERSON BOARD MEMBER 1.00 X 0 0 0 JAMES MINK TREASURER & VICE CHAIR 1.00 X 0 0 0 BOB TILLEMA CHAIRMAN 1.00 X 0 0 0 JUDY WRIGHT BOARD MEMBER 1.00 X 0 0 0 KATHRYN HARROW BOARD MEMBER 1.00 X 0 0 0 PAMELA JENKS BOARD MEMBER 1.00 X 0 0 0 KIM KNIOLA CEO 40.00 X 181146 0 0 DAN RAJSIC CFO 40.00 X 80881 0 0 262027 0 0 1 0 1 0 0 FEES AND SERVICE INCOME 522100 2455860 2429929 25931 LOAN INTEREST 522191 2353478 2353478 4809338 2098311 2098311 OTHER 900099 116902 116902 116902 7024551 4783407 25931 2215213 1873044 1873044 65125 65125 238847 238847 139169 139169 122225 122225 168044 168044 183248 183248 264286 264286 31105 31105 479403 479403 209443 209443 56374 56374 SHARE EXPENSES 737038 737038 EQUIPMENT EXPENSE 427732 427732 LOSS PROVISIONS 198126 198126 LOAN SERVICING 72812 72812 132491 132491 5398512 5398512 0 0 1174637 1148867 226062 6775497 259974 249169 37831000 46471184 199077 255170 6623770 4605775 1970768 2017995 123499440 98074440 6490834 5838168 171651792 160830490 224105 38746 153887646 141644235 154111751 141682981 X 0 0 3295509 3295509 14244532 15852000 17540041 19147509 171651792 160830490 X 1626039 -18571 X 0 0 0 626845 626845 4341251 3206864 1134387 1655674 1398911 256763 2017995 CERTIFICATES OF DEPOSIT 97677308 C FEDERAL HOME LOAN BANK 171800 C PSCU CAPITAL 55332 C CU ANSWERS 60000 C WESCO 60000 C EDOC 50000 C 98074440 MEMBER SHARES 141621759 ACCRUED DIVIDENDS 22476 141644235 X X X 0 0 0 KIM KNIOLA CEO 181146 0 0 0 0 0 0 0 0 0 181146 0 0 0 PART I, LINE 3 A COMMITTEE OF THE BOARD USES COMPEASE TO GATHER COMPENSATION COMPARATIVES TO CREATE AN EMPLOYMENT CONTRACT THAT IS APPROVED BY THE BOARD OF DIRECTORS. JOHN HENDERSON DIRECTOR LINE OF CREDIT X 1000 0 0 1 1 KIM KNIOLA CEO LINE OF CREDIT X 10000 0 0 1 1 KIM KNIOLA CEO SPLIT DOLLAR X 12152 67848 0 1 1 JIM MINK DIRECTOR AUTO X 18000 12248 0 1 1 BOB TILLEMA DIRECTOR LINE OF CREDIT X 1000 0 0 1 1 DAN RAJSIC CFO LINE OF CREDIT X 2500 0 0 1 1 DAN RAJSIC CFO SPLIT DOLLAR X 6541 60346 0 1 1 JUDITH WRIGHT DIRECTOR MORTGAGE X 95200 72225 0 1 1 DAN RAJSIC CFO AUTO X 44691 17000 0 1 1 PAMELA JENKS DIRECTOR LINE OF CREDIT X 500 0 0 1 1 SANDRA SOBECKI DIRECTOR LINE OF CREDIT X 1000 0 0 1 1 SANDRA SOBECKI DIRECTOR LINE OF CREDIT X 1000 0 0 1 1 PAMELA JENKS DIRECTOR AUTO X 25031 19502 0 1 1 249169 FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS AND THEIR FAMILIES WHO LIVE OR WORK IN LAPORTE, PORTER, JASPER, NEWTON, OR PULASKI COUNTIES ARE ELIGIBLE FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A CREDIT UNION MEMBERS ELECT THE BOARD OF DIRECTORS AT THE CREDIT UNION ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETED FORM 990 IS REVIEWED BY THE CEO PRIOR TO SUBMITTING TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15 COMPEASE IS USED TO GATHER COMPENSATION COMPARATIVES FROM OTHER SIMILAR INSTITUTIONS. FORM 990, PART VI, SECTION C, LINE 18 THE ASSOCIATION MAKES ORGANIZING DOCUMENTS AND RECENT FORM 990 AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ORGANIZING DOCUMENTS AND RECENT FORM 990 AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: DAY ONE ADJUSTMENT FOR ASC 326 -18,571.