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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations American First Credit Union

American First Credit Union

Fiscal year ending 2018. Filed on November 14, 2019.

6 Pointe Drive No 400
Brea, California 92821

American First Credit Union (EIN: 33-0358683) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, American First Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 160 total employees. Among the employees shown here, the average compensation is $362,491. The highest compensated employee at American First Credit Union is Jon Shigematsu with fiscal year 2018 compensation of $890,930.

Revenue, expenses, and employee compensation

Revenue

$37,408,974

Expenses

$28,880,308

Employee compensation

$11,487,496
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jon Shigematsu
President and Chief Executive Officer
$890,930
$850,588 No related comp$40,342
Christopher Lawrence
Chief Financial Officer
$398,001
$356,478 No related comp$41,523
Theresa Davy
Chief Operating Officer
$355,252
$333,241 No related comp$22,011
Michael Ross
BUS DEV REAL Estate LOAN A
$305,539
$299,654 No related comp$5,885
Paul Welch
Senior Vice President RISK Management
$291,419
$282,889 No related comp$8,530
Robert Farrington
Senior Vice President Commercial REAL ESTA
$249,842
$215,254 No related comp$34,588
Teanna Donovan
Commercial REAL Estate LOAN Officer
$213,804
$190,020 No related comp$23,784
Michael Welch
Senior Vice President, Lending
$195,137
$179,849 No related comp$15,288

Benchmark Employee Compensation

Non-Employee Board Members

Jason Philibert
Treasurer
$620
$620 No related compNo other comp
Mark Saliba
Supervisory Committee Member
No compensation reported
Robert Warkenton
Supervisory Committee Chairperson
No compensation reported
Roger vander Wende
Board Member
No compensation reported
Amanda Secola
Board Member
No compensation reported
Tom Cook
Chair
No compensation reported
James Hopkins
Supervisory Committee Member
No compensation reported
Eric Ledesma
Board Member
No compensation reported
Donna Brooks
Board Member
No compensation reported
Gizi Clemmer
Supervisory Committee Member
No compensation reported
Patti Malott
Secretary
No compensation reported
David Weed
Supervisory Committee Member
No compensation reported

Contractors

Fiserv Inc.
Core System Maintenance
$1,379,121
Olen Pointe Brea Corp.
Commercial Rental Lease
$471,447
Experian
Credit Reporting Agency
$212,860
Kforce Inc.
Recruiting Agency
$203,444
Bccs Inc.
Commercial Builder
$169,633

Mission Statement

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS 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, AMERICAN FIRST CREDIT UNION CONDUCTSITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITSMEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Revisions to this organization profile

November 12, 2025:
2024 American First Credit Union 990 filed
November 6, 2024:
2023 American First Credit Union 990 filed
October 18, 2023:
2022 American First Credit Union 990 filed

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