2026-03-25T10:55:32-05:00 2025-12-31 042513210 GT REILLY & COMPANY 424 ADAMS STREET MILTON MA 02186 990 2025-01-01 041802000 ST MARY'S CREDIT UNION INC STMA 5084908000 PO BOX 729 MARLBOROUGH MA 01752 SARAH BOLTE CFO & SVP OF FINANCE 5084908000 2026-03-25 1 DAVID KEYO JR CPA P00953902 6176968900 2026-03-25 2025 2025-03-06 01:10:19Z SARAH BOLTE 46 LIZOTTE DRIVE MARLBOROUGH MA 01752 48570462 0 X WWW.STMARYSCU.ORG X 1913 MA TO PROVIDE OUR MEMBERS/OWNERS WITH SUPERIOR FINANCIAL PRODUCTS AND SERVICES. 12 12 161 0 0 0 0 0 38596276 41823957 5389217 5775653 857707 877342 44843200 48476952 0 0 0 0 12795015 13460994 0 0 0 30127730 31331256 42922745 44792250 1920455 3684702 1003341933 1035992369 924500739 944494938 78841194 91497431 TO PROVIDE OUR MEMBERS/OWNERS WITH SUPERIOR FINANCIAL PRODUCTS AND SERVICES WITH FAVORABLE PRICING DELIVERED THROUGH ATTENTIVE, CONVENIENT AND COST-EFFECTIVE DELIVERY CHANNELS WHILE MAINTAINING A STRONG AND SAFE FINANCIAL CONDITION. 0 0 44792250 42702610 THE CREDIT UNION IS A COOPERATIVE OWNED BY ITS MEMBERS AND DEDICATED TO SERVING ITS MEMBERS WITH LOAN AND DEPOSIT & SHARES PRODUCTS. 44792250 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6508 0 1 161 1 0 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X ST MARY'S CREDIT UNION 5084908000 46 LIZOTTE DRIVE MARLBOROUGH MA 01752 THOMAS H WELLEN DIRECTOR 5.00 X 1881 0 0 THOMAS F SEYMOUR DIRECTOR 5.00 X 0 0 0 DAVID BRUMBY DIRECTOR 5.00 X 1963 0 0 GERARD P RICHER CHAIRMAN DIRECTOR 5.00 X 8143 0 0 JAMES F TOOHEY DIRECTOR 5.00 X 0 0 0 PHILIPPE BOUVIER DIRECTOR 5.00 X 3102 0 0 KAREN GADBOIS DIRECTOR 5.00 X 7746 0 0 RICHARD P VALARIOTI DIRECTOR 5.00 X 5762 0 0 JOSEPH BANE DIRECTOR 5.00 X 1805 0 0 SANDRA FARRELL DIRECTOR 5.00 X 6835 0 0 BRIAN BOUVIER DIRECTOR 5.00 X 8321 0 0 AARON JACKSON DIRECTOR 5.00 X 689 0 0 WILLIAM YAGER VP INDIRECT LENDING 40.00 X 115915 0 33608 APRIL STERNDALE VP COMPLIANCE 40.00 X 146503 0 26808 SARAH BOLTE SVP CFO 40.00 X 311571 0 18882 EILEEN POTTER VP & CONTROLLER 40.00 X 174516 0 37647 HEIDI PIERCE VP MEMBER SOLUTIONS 40.00 X 138663 0 35782 DEBORAH DEVRIES VP BUSINESS DEVELOPMENT 40.00 X 136061 0 26938 KRISTINE CHIASSON VP CONSUMER LENDING 40.00 X 144853 0 36302 BRYAN MOORE VP COMMERCIAL LOAN OFFICER 40.00 X 154375 0 12780 CHRISTINE MONTEIRO SVP RETAIL SERVICES 40.00 X 205230 0 39226 JOHN HENDRISKE SVP, SENIOR LENDING OFFICE 40.00 X 279395 0 48877 MELISSA EAGLES VP REAL ESTATE LENDING 40.00 X 168264 0 38487 ARMAND FERNANDEZ SVP SMALL BUSINESS LENDING 40.00 X 177395 0 39296 JAMES PETKEWICH EVP COO 40.00 X 339577 0 51755 MARIA PENNIMAN VP BRANCH MANAGER 40.00 X 112878 0 33306 CHRISTOPHER COOMEY SVP CHEIF INFORMATION OFFI 40.00 X 216138 0 33145 GRACE LEE PRESIDENT & CEO 40.00 X 167054 0 378 LEONARD SILVA SVP CHIEF BDO/SR. CREDIT OFF 40.00 X 24231 0 0 SCOTT KURPOSKA DIRECTORS OF FACILITIES 40.00 X 130025 0 34971 KAREN MITCHELL MORTGAGE ORIGINATOR 40.00 X 125324 0 29516 STEPHEN SHAMBO IT SOLUTIONS LEAD 40.00 X 133237 0 35269 HELENA RAMNER-BROWN EXECUTIVE ASSISTANT 40.00 X 138475 0 19937 ERIN MCNALLY HUMAN RESOURCES MANAGER 40.00 X 128897 0 34548 3714824 0 667458 27 0 1 0 MAURA WEBSTER DBA LILABLUE STRATEGIES L 19 HOLM ST MARLBOROUGH MA 01752 MARKETING CONSULTANT 156022 WIPFLI LLC PO BOX 3160 MILWAUKEE WI 53201 INTERNAL AUDIT FIRM 102062 2 INTEREST INCOME 522100 38041268 38041268 MEMBER SERVICE FEES 522100 3782689 3782689 41823957 5774342 5774342 94821 93510 1311 1311 1311 MISC INCOME 524298 877342 877342 877342 48476952 42702610 0 5774342 4382282 6578583 617203 1125381 757545 32096 2210856 878017 745838 629548 1269095 25574 83702 18776820 1117155 170241 ATM EXPENSES 1309327 DATA PROCESSING 1013697 LOAN ORIGINATION EXPENS 768314 PROVISION FOR LOAN LOSS 744179 1556797 44792250 6615553 8514125 39236638 38044648 745319533 757329695 1291559 1341081 33453333 17603349 15999299 15849984 177848000 198428498 5483400 4764400 11547951 11719938 1003341933 1035992369 6265843 7361381 110399147 90996725 807835749 846136832 924500739 944494938 X 0 0 0 0 78841194 91497431 78841194 91497431 1003341933 1035992369 3684702 8971535 0 X 0 1 X 1 0 4958422 4958422 17392038 8715331 8676707 1912382 1231254 681128 9190491 7656764 1533727 15849984 MEMBER DEPOSITS 846136832 846136832 48476952 0 48476952 0 48476952 44792250 0 44792250 0 44792250 X X X X 1 0 0 JAMES PETKEWICH EVP COO 275000 0 64577 0 0 0 28023 0 23732 0 391332 0 0 0 SARAH BOLTE SVP CFO 278827 0 32744 0 0 0 17325 0 1557 0 330453 0 0 0 JOHN HENDRISKE SVP, SENIOR LENDING OFFICE 249487 0 29908 0 0 0 25145 0 23732 0 328272 0 0 0 CHRISTOPHER COOMEY SVP CHEIF INFORMATION OFFI 203379 0 12759 0 0 0 9506 0 23639 0 249283 0 0 0 CHRISTINE MONTEIRO SVP RETAIL SERVICES 183189 0 22041 0 0 0 15628 0 23598 0 244456 0 0 0 ARMAND FERNANDEZ SVP SMALL BUSINESS LENDING 152361 0 25034 0 0 0 15965 0 23331 0 216691 0 0 0 EILEEN POTTER VP & CONTROLLER 150037 0 24479 0 0 0 14321 0 23326 0 212163 0 0 0 MELISSA EAGLES VP REAL ESTATE LENDING 158775 0 9489 0 0 0 15144 0 23343 0 206751 0 0 0 KRISTINE CHIASSON VP CONSUMER LENDING 120266 0 24587 0 0 0 13037 0 23265 0 181155 0 0 0 HEIDI PIERCE VP MEMBER SOLUTIONS 114565 0 24098 0 0 0 12480 0 23302 0 174445 0 0 0 APRIL STERNDALE VP COMPLIANCE 144168 0 2335 0 0 0 3494 0 23314 0 173311 0 0 0 STEPHEN SHAMBO IT SOLUTIONS LEAD 126966 0 6271 0 0 0 11992 0 23277 0 168506 0 0 0 GRACE LEE PRESIDENT & CEO 167054 0 0 0 0 0 0 0 378 0 167432 0 0 0 BRYAN MOORE VP COMMERCIAL LOAN OFFICER 151489 0 2886 0 0 0 3263 0 9517 0 167155 0 0 0 SCOTT KURPOSKA DIRECTORS OF FACILITIES 121977 0 8048 0 0 0 11702 0 23269 0 164996 0 0 0 ERIN MCNALLY HUMAN RESOURCES MANAGER 103473 0 25424 0 0 0 11421 0 23127 0 163445 0 0 0 DEBORAH DEVRIES VP BUSINESS DEVELOPMENT 128750 0 7311 0 0 0 12246 0 14692 0 162999 0 0 0 HELENA RAMNER-BROWN EXECUTIVE ASSISTANT 113096 0 25379 0 0 0 10660 0 9277 0 158412 0 0 0 KAREN MITCHELL MORTGAGE ORIGINATOR 49234 0 76090 0 0 0 6910 0 22606 0 154840 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BRIAN BOUVIER IS THE SON OF PHILLIP BOUVIER. BOTH ARE ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF DEPOSITORS WITH A MINIMUM OF A $10 BALANCE IN A DEPOSIT ACCOUNT. MEMBERS HAVE VOTING RIGHTS WHICH ARE LIMITED TO THE ANNUAL MEETING AND ANY SPECIAL MEETINGS HELD DUE TO CHARTER CHANGES, MERGERS, ETC. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE VOTED ON BY THE MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B ELECTION OF DIRECTORS, CHARTER CHANGES AND MERGERS REQUIRE A VOTE BY THE MEMBERS. ONLY MEMBERS THAT ATTEND THE ANNUAL MEETING OR SPECIAL MEETING ARE ALLOWED TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAVE DELEGATED AUTHORITY FOR THE REVIEW OF THE FORM 990 TO THE CHIEF FINANCIAL OFFICER (CFO). THE CFO ENGAGES THE SERVICES OF AN INDEPENDENT ACCOUNTING FIRM FOR THE PREPARATION OF THE FORM 990. UPON COMPLETION, THE FORM 990 IS REVIEWED BY THE CFO, SIGNED BY THE CFO AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE CODE OF ETHICS, WHICH INCORPORATES A CONFLICT OF INTEREST POLICY, IS UPDATED AND RATIFIED BY THE BOARD OF DIRECTORS. ANNUALLY, ALL EMPLOYEES AND BOARD MEMBERS SIGN AN ACKNOWLEDGEMENT THAT THEY HAVE RECEIVED AND READ THE CODE OF ETHICS. FURTHERMORE, ALL EMPLOYEES AND BOARD MEMBERS MUST IDENTIFY, IN WRITING, ALL DEPOSIT AND LOAN ACCOUNTS IN WHICH THEY HAVE A RELATED INTEREST. LOANS GRANTED TO SENIOR MANAGEMENT, DIRECTORS, OR THEIR RELATED PARITES MUST BE APPROVED BY THE BOARD. IF THE LOAN IS FOR A BOARD MEMBER OR HIS/HER RELATED INTEREST THE BOARD MEMBER MUST LEAVE THE BOARD ROOM DURING DISCUSSION AND VOTE. THE BOARD MEMBER IS RECUSED FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE CREDIT UNION'S BOARD OF DIRECTORS ASSIGNS THE RESPONSIBILITY TO THE BOARD'S PERSONNEL COMMITTEE TO INTERVIEW MEMBERS OF SENIOR MANAGEMENT FOR THE PREPARATION OF A WRITTEN PERFORMANCE EVALUATION OF THE CREDIT UNION'S PRESIDENT. THE PERSONNEL COMMITTEE IS COMPRISED OF INDEPENDENT DIRECTORS. THE PERSONNEL COMMITTEE WILL THEN PRESENT THE WRITTEN EVALUATION TO THE FULL BOARD, ALONG WITH A RECOMMENDATION FOR COMPENSATION. THE COMPENSATION LEVEL IS BASED ON A COMBINATION OF THE PRESIDENT'S PERCEIVED VALUE TO THE CREDIT UNION AND JOB PERFORMANCE. BASED ON THE PERSONNEL COMMITTEE'S RECOMMENDATION, THE FULL BOARD APPROVES THE PRESIDENT'S COMPENSATION. FOR MEMBERS OF SENIOR MANAGEMENT, WRITTEN PERFORMANCE EVALUATIONS ARE PREPARED BY THE IMMEDIATE SUPERVISOR AND REVIEWED BY THE BOARD'S PERSONNEL COMMITTEE. COMPENSATION IS BASED ON VALUE TO THE CREDIT UNION AND JOB PERFORMANCE. THE PERSONNEL COMMITTEE THEN MAKES A RECOMMENDATION TO THE FULL BOARD FOR ITS APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S FINANCIAL INFORMATION IS AVAILABLE BY ACCESSING THE CREDIT UNION'S CALL REPORT WHICH IS AVAILABLE THROUGH THE NCUA'S WEBSITE. THE CREDIT UNION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC.