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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 2020. Filed on November 15, 2021.

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 2020 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 156 total employees. Among the employees shown here, the average compensation is $273,167. The highest compensated employee at American First Credit Union is Jon Shigematsu with fiscal year 2020 compensation of $531,903.

Revenue, expenses, and employee compensation

Revenue

$37,159,710

Expenses

$33,585,267

Employee compensation

$12,013,212
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jon Shigematsu
President and Chief Executive Officer
$531,903
$487,978 No related comp$43,925
Theresa Davy
Chief Operating Officer
$310,586
$281,912 No related comp$28,674
John Martinez
REAL Estate LOAN Consultant
$299,230
$284,922 No related comp$14,308
Robert Farrington
Senior Vice President Commercial REAL Estate
$282,703
$244,107 No related comp$38,596
Arturo Garcia
REAL Estate LOAN Consultant
$265,858
$235,709 No related comp$30,149
Victor Gallego
Commercial RE LOAN Officer
$242,128
$205,429 No related comp$36,699
Paul Welch
Senior Vice President RISK Management
$226,003
$217,276 No related comp$8,727
Julie M Given-Glance
Chief Financial Officer
$26,923
$26,923 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Amanda Secola
Board Secretary
David Weed
Supervisory Committee Member
Dolores Medina
Supervisory Committee Member
Donna Brooks
Board Member
Eric Ledesma
Board Member
Gizi Clemmer
Supervisory Committee Member
James Habben
Supervisory Committee Member
Jason Philibert
Treasurer
Patti Malott
Vice Chair
Robert Warkenton
Supervisory Committee Chairperson
Roger vander Wende
Board Member
Tom Cook
Chair

Contractors

Fiserv
Core System Maintenance
$1,918,160
National Credit Union Administration
Financial
$748,001
Financial Technology Solutions International
IT
$285,091
Hillmann Consulting LLC
Consulting
$216,255
Ongoing Operations LLC
IT
$195,678

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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