Organizations Filed Purposes:
THE MISSION OF CHRISTIAN COMMUNITY CREDIT UNION IS TO PARTNER WITH MEMBERS AND MINISTRIES TO HELP THEM BECOME BETTER STEWARDS AND ACHIEVE THEIR FINANCIAL GOALS.
THE CREDIT UNION IS OPERATED FOR THE PURPOSE OF PROMOTING THRIFT, PROVIDING CREDIT AT REASONABLE RATES, AND PROVIDING OTHER FINANCIAL SERVICES TO ITS MEMBERS.
CREDIT UNION BANKING SERVICE PROGRAMS:THE CREDIT UNION OFFERS A FULL RANGE OF BANKING SERVICES TO THE MEMBERS, BOTH RETAIL AND MINISTRY. AS OF 12/31/18 OUR MEMBERS HAD $549,969,570, ON DEPOSIT IN INSURED ACCOUNTS IN THE CREDIT UNION. THE CREDIT UNION HAS 74,091,788, IN SAVINGS ACCOUNTS, $148,122,715, IN CHECKING ACCOUNTS, $136,248,905, IN MONEY MARKET, AND $191,506,163, CERTIFICATES OF DEPOSIT. THE AVERAGE RATE OF RETURN ON THESE ACCOUNTS AT YEAR END WAS .66%. IRA CERTIFICATE ACCOUNTS EARNED 2.078%. NON-IRA CERTIFICATES EARNED 2.078% AT YEAR END. THE CREDIT UNION BEGAN THE YEAR WITH 30,831 MEMBERS AND ENDED THE YEAR WITH 31,137 FOR A INCREASE OF 306 NEW MEMBERS OR .99%. THE CREDIT UNION HAS 1,587 MINISTRY ACCOUNTS.
CREDIT UNION RETAIL REAL ESTATE LENDING:THE CREDIT UNION EXISTS TO PROVIDE LOANS TO ITS MEMBERS AT RATES AND TERMS NOT AVAILABLE TO OUR FIELD OF MEMBERSHIP THROUGH BANKS OR OTHER FINANCIAL INSTITUTIONS. THE LARGEST PORTION OF OUR RETAIL LENDING IS MADE UP OF FIRST TRUST DEED, LOANS. THE CREDIT UNION HAD $228,875,187 IN RETAIL FIRST TRUST DEED LOANS AS OF 12/31/18. THEY REPRESENT 42% OF OUR LOAN PORTFOLIO AND 35% OF OUR TOTAL ASSETS. THE AVERAGE RATE ON THESE LOANS WAS 3.74%. THE PORTFOLIO INCREASED $22,260,494 OR 10.77% DURING 2018. THE DELINQUENCY RATIO FOR THE PORTFOLIO AT YEAR END WAS .15%.
CREDIT UNION MINISTRY REAL ESTATE LENDING:THE CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDES MANY CHURCHES AND MINISTRIES. THE CREDIT UNION PROVIDES LOANS TO THESE MEMBERS TO BUY, BUILD OR RENOVATE REAL PROPERTY AT RATES AND TERMS NOT AVAILABLE TO THEM THROUGH BANKS OR OTHER FINANCIAL INSTITUTIONS. THE LARGEST PORTION OF OUR MINISTRY LOAN PORTFOLIO IS MADE UP OF FIRST TRUST DEED LOANS. THE CREDIT UNION HAD $258,552,982 IN OUTSTANDING FIRST TRUST DEED LOANS TO CHURCHES AND MINISTRIES AS OF 12/31/18. THEY REPRESENT 47% OF OUR LOAN PORTFOLIO AND 39% OF OUR TOTAL ASSETS. THE AVERAGE RATE ON THESE LOANS WAS 4.91%. THE PORTFOLIO DECREASED $12,956,946 DURING 2018 OR 4.77%. THE DELINQUENT LOAN RATIO FOR THE PORTFOLIO AT YEAR END WAS 2.01%.CREDIT UNION CONSUMER LENDING: THE CREDIT UNION HAS $22,160,224 IN CAR LOANS, $24,771,038 IN CREDIT CARD ACCOUNTS AND $3,285,473 IN STUDENT LOANS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| John D Martinez | PRESIDENT/CEO | 40 | $578,967 |
| David Estridge | EXECUTIVE VICE PRESIDENT | 40 | $466,826 |
| Marjorie Hughes | SVP/COO | 40 | $362,106 |
| Stanley Wahl | SVP/CFO | 40 | $297,288 |
| James Scott Reitsma | SVP-MINISTRY DEVELOPMENT | 40 | $285,195 |
| David South | SVP-HUMAN RESOURCES | 40 | $269,950 |
| John T Walling | PRESDIDENT/CEO (UNTIL JAN 3)/TREAUSER (JAN-DEC) | 40 | $227,959 |
| John Silvis | VP - INFORMATION SYSTEMS | 40 | $181,037 |
| Donna Esse | VP-ELECTRONIC SERVICES | 40 | $136,604 |
| Rebecca Hinajosa | AVP-RISK MANAGEMENT | 40 | $130,437 |
| Tim Lawrence | VP-MINISTRY DEVELOPMENT GR | 40 | $127,550 |
| Rona Ford | VP-MDG OPERATIONS | 40 | $127,366 |
| Dale Torry | DIRECTOR | 1 | $4,573 |
| Rick Bee | DIRECTOR | 1 | $4,067 |
| David Barton | DIRECTOR (JAN-MARCH) | 1 | $4,035 |
| Cathy Barrett | SECRETARY | 1 | $3,986 |
| Michael Pate | VICE CHAIR(JAN1-MAR16)/CHAIR (MAR17-DEC31) | 1 | $3,975 |
| John Pearson | CHAIR(JAN1-MAR16)/DIRECTOR (MAR17-DEC31) | 1 | $3,962 |
| Thomas Matlock | DIRECTOR | 1 | $2,764 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201903199349315725_public.xml