2025-11-17T15:53:54-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2024-01-01 941404327 UNCLE CREDIT UNION UNCL 9254475001 2100 LAS POSITAS COURT LIVERMORE CA 94551 GINA BLOOMFIELD SVP CHIEF FINANCIAL OFFICER 9254475001 2025-11-14 1 0 LISA N RYSSEL CPA P00643670 7149781300 2025-11-14 2024 2025-03-06 01:10:19Z HARLOD ROUNDTREE 2100 LAS POSITAS COURT LIVERMORE CA 94551 43679869 0 X WWW.UNCLECU.ORG X 1957 CA A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS. 11 11 124 12 407198 0 0 0 36804612 39802598 1525891 3142823 816943 0 39147446 42945421 8500 6700 0 10594934 11672356 12080675 0 0 0 25602147 19470902 37283003 42153211 1864443 792210 726002844 746045550 679048025 696583603 46954819 49461947 X A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, UNCLE CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS. 0 0 THE CREDIT UNION PROVIDED 40,569 DEPOSIT ACCOUNTS TO 38,375 MEMBERS AS OF DECEMBER 31, 2024. IN 2024, 16,834 LOANS WERE MADE TO MEMBERS. LOANS AVAILABLE TO MEMBERS INCLUDE AUTO, CREDIT CARD, PERSONAL, HOME EQUITY, AND FIRST MORTGAGES. MEMBERS MAY OPEN THE FOLLOWING DEPOSIT ACCOUNTS: SAVINGS, CHECKING, MONEY MARKET, IRA, TERM CERTIFICATES OF DEPOSIT, YOUTH DEPOSIT ACCOUNTS. 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 7277 0 1 124 1 1 1 0 0 0 0 0 0 0 0 0 1 0 X 11 11 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X X GINA BLOOMFIELD 9254475001 2100 LAS POSITAS COURT LIVERMORE CA 94551 NEDA GRAY VICE CHAIRMAN 4.00 X X 0 0 0 LYUDMILA SHAPOVALAOV TREASURER 4.00 X X 0 0 0 CHUNG BOTHWELL BOARD CHAIRMAN 6.00 X X 0 0 0 CLAY SMITH SECRETARY 4.00 X X 0 0 0 IVAN COREY DIRECTOR 4.00 X 0 0 0 PETER GOLDSTEIN DIRECTOR 4.00 X 0 0 0 LEE NEELY DIRECTOR 4.00 X 0 0 0 JOHN STEIN DIRECTOR 4.00 X 0 0 0 JOHN FREEMAN DIRECTOR 4.00 X 0 0 0 ROBIN MORRIS DIRECTOR 4.00 X 0 0 0 HUGH BUSSELL DIRECTOR 4.00 X 0 0 0 TERRY BISHOP CFO 40.00 X 288089 0 164475 GINA BLOOMFIELD SVP CONTROLLER 40.00 X 282022 0 27867 HAROLD ROUNDTREE CEO 40.00 X 1971179 0 623667 JAMES FISHER CHIEF TECHNOLOGY OFFICER 40.00 X 280462 0 136260 FIDELA HERNANDEZ VP OF OPERATIONS 40.00 X 187440 0 44407 BLAIR CONNER CHIEF CREDIT OFFICER 40.00 X 271936 0 18378 APRIL INGRAM CHIEF PEOPLE OFFICER 40.00 X 241262 0 36317 ANTERO SORIANO VP MEMBER SERVICES 40.00 X 169383 0 21238 ANDREA F JOHNSON CHIEF OPERATIONS OFFICER 40.00 X 299600 0 24481 3991373 0 1097090 27 0 1 0 0 LOAN INTEREST 522100 33563828 33563828 OTHER INCOME 522100 3210406 3174219 36187 FEES & SERVICE CHARGES 522100 3028364 2657353 371011 39802598 3141300 3141300 735971 734448 1523 1523 1523 42945421 39395400 407198 3142823 6700 10594934 3774021 6995555 388107 142444 780548 136738 1365694 859592 2176184 3263587 1008463 444061 175296 558278 PROVISION FOR CREDIT LO 6979225 LOAN SERVICING EXPENSE 2081851 MISC OPERATING EXPENSES 332883 OPERATING FEES 89050 42153211 7187929 5049798 29455940 16593181 2728544 2654009 598783934 630002259 6025892 7678612 12505731 8721112 3716189 3784619 56139782 8667910 61999707 9824 13296724 18273541 726002844 746045550 7835063 7395600 2750000 671212962 686438003 679048025 696583603 X 0 0 0 0 46954819 49461947 46954819 49461947 726002844 746045550 X 792210 749284 965634 X X 0 0 0 0 0 949799 949799 4140818 2643843 1496975 2038966 1868475 170491 5376148 4208794 1167354 3784619 AVAILABLE FOR SALE INVESTMENTS 43175337 F EQUITY SECURITIES 9613733 F OTHER INVESTMENTS 9210637 C 61999707 MEMBER SHARES 686358193 OFF BALANCE SHEET CREDIT EXPOSURE 79810 686438003 X X X X X 0 1 0 HAROLD ROUNDTREE CEO 600600 0 126265 0 1244314 0 597764 0 25903 0 2594846 0 1199673 0 TERRY BISHOP CFO 243576 0 33483 0 11030 0 117763 0 46712 0 452564 0 0 0 JAMES FISHER CHIEF TECHNOLOGY OFFICER 237762 0 25557 0 17143 0 106550 0 29710 0 416722 0 0 0 ANDREA F JOHNSON CHIEF OPERATIONS OFFICER 254439 0 33757 0 11404 0 12420 0 12061 0 324081 0 0 0 GINA BLOOMFIELD SVP CONTROLLER 230182 0 31202 0 20638 0 4980 0 22887 0 309889 0 0 0 BLAIR CONNER CHIEF CREDIT OFFICER 233718 0 28380 0 9838 0 9478 0 8900 0 290314 0 0 0 APRIL INGRAM CHIEF PEOPLE OFFICER 240158 0 0 0 1104 0 16206 0 20111 0 277579 0 0 0 FIDELA HERNANDEZ VP OF OPERATIONS 152065 0 20317 0 15058 0 10637 0 33770 0 231847 0 0 0 ANTERO SORIANO VP MEMBER SERVICES 148960 0 19937 0 486 0 11828 0 9410 0 190621 0 0 0 PART I, LINE 4B THE CREDIT UNION PARTICIPATES IN A 457(F) DEFERRED COMPENSATION AGREEMENT WITH CERTAIN MEMBERS OF THE EXECUTIVE MANAGEMENT TEAM. THE FOLLOWING EMPLOYEES PARTICIPATED IN THE PLAN DURING 2024: HAROLD ROUNDTREE: $1,199,673 DISTRIBUTION; $563,477 CONTRIBUTION TERRY BISHOP: $98,630 CONTRIBUTION JAMES FISHER: $88,232 CONTRIBUTION HAROLD ROUNDTREE CEO CREDIT CARD X 20000 3890 0 1 1 HAROLD ROUNDTREE CEO MORTGAGE X 1193000 1037016 0 1 1 HAROLD ROUNDTREE CEO MORTGAGE X 514500 460050 0 1 1 TERRY BISHOP OFFICER MORTGAGE X 680000 647112 0 0 1 TERRY BISHOP OFFICER NEW CAR X 60000 41712 0 0 1 TERRY BISHOP OFFICER NEW CAR X 40010 33672 0 0 1 GINA BLOOMFIELD OFFICER CREDIT CARD X 20000 11453 0 1 1 GINA BLOOMFIELD OFFICER MORTGAGE X 484000 419104 0 0 1 2654009 FORM 990, PART VI, SECTION A, LINE 6 UNCLE CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS, AND OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS TO ITS MEMBERS. UNCLE CREDIT UNION DOES NOT HAVE STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD OF UNCLE CREDIT UNION IS COMPRISED OF VOLUNTEER MEMBERS WHO ARE DIRECTLY ELECTED BY ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B AT THE END OF EACH TERM OF THE BOARD MEMBERS, ELECTIONS ARE HELD AND BOARD MEMBERS ARE VOTED BY THE MEMBERS OF THE CREDIT UNION PURSUANT TO ITS BY-LAWS. MEMBER VOTES ARE ALSO REQUIRED TO RATIFY DECISIONS DEALING WITH REORGANIZATIONS AS IN THE CASE OF MERGER OR DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B A REVIEW OF THE FORM 990 IS PERFORMED BY THE INTERNAL AUDIT AND COMPLIANCE DEPARTMENT. THE INTERNAL AUDIT AND COMPLIANCE DEPARTMENT REPORTS TO AN INDEPENDENT OVERSIGHT COMMITTEE. FORM 990 IS ALSO PROVIDED TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY AND WHISTLE BLOWER POLICY IS IN EFFECT. EVERY YEAR THE GOVERNING BODY AND EMPLOYEES COMPLETE A DETAILED QUESTIONNAIRE PERTAINING TO CONFLICT OF INTEREST. THE INTERNAL AUDIT AND COMPLIANCE DEPARTMENT MONITORS ACTIVITY ASSOCIATED WITH THESE POLICIES TO ENSURE ALL CASES ARE RESOLVED APPROPRIATELY. THE INTERNAL AUDIT AND COMPLIANCE DEPARTMENT REPORTS TO AN INDEPENDENT OVERSIGHT COMMITTEE, NOT PART OF THE GOVERNING BODY OR MANAGEMENT, AND WHO REPRESENTS THE INTERESTS AND WELL BEING OF THE CREDIT UNION MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 15 UNCLE CREDIT UNION MAINTAINS A COMPETITIVE SALARY RANGE STRUCTURE FOR ALL POSITIONS. THE HUMAN RESOURCES DEPARTMENT PARTICIPATES IN CERTAIN SALARY SURVEYS AS APPROPRIATE FOR OUR INDUSTRY, POSITIONS, ASSET SIZE, EMPLOYEE SIZE, AND GEOGRAPHICAL LOCATIONS. SALARIES ARE BASED ON GRADE LEVELS THAT ARE DETERMINED BY VARIOUS FACTORS SUCH AS ORGANIZATIONAL IMPACT, EDUCATION, EXPERIENCE, AND ETC. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, FINANCIAL STATEMENTS ARE POSTED PUBLICLY IN THE LOBBY OF EACH OF OUR BRANCH LOCATIONS AND ON THE WEBSITE AT WWW.UNCLECU.ORG. CALL REPORTS ARE AVAILABLE ON THE NCUA WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN OCI 965,634. FORM 990 PART XI, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.