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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 2021. Filed on November 15, 2022.

6 Pointe Drive 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 2021 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 165 total employees. Among the employees shown here, the average compensation is $395,611. The highest compensated employee at American First Credit Union is Jon Shigematsu with fiscal year 2021 compensation of $988,700.

Revenue, expenses, and employee compensation

Revenue

$36,268,439

Expenses

$28,075,649

Employee compensation

$12,382,003
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jon Shigematsu
President and Chief Executive Officer
$988,700
$941,880 No related comp$46,820
Theresa Davy
Chief Operating Officer
$420,516
$390,782 No related comp$29,734
Constance Kelly
SR Commercial RE LOAN Officer
$331,514
$306,368 No related comp$25,146
Paul Welch
Senior Vice President of RISK Management
$325,107
$316,522 No related comp$8,585
Robert Farrington
Senior Vice President Commercial REAL Estate
$298,855
$256,484 No related comp$42,371
Victor Gallego
Commercial RE LOAN Officer
$295,957
$254,138 No related comp$41,819
Jeremy Jorgensen
Commercial RE LOAN Officer
$281,490
$260,018 No related comp$21,472
Julie M Given-Glance
Chief Financial Officer
$222,748
$202,432 No related comp$20,316

Benchmark Employee Compensation

Non-Employee Board Members

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

Contractors

Fiserv Inc.
Core System Maintenance
$1,585,154
Bccs Inc.
Contractors
$678,999
Hillmann Consulting LLC
Consulting
$221,370
Technology Unlimited Inc.
IT
$215,770
Ongoing Operations LLC
IT
$190,484

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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