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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 2022. Filed on October 18, 2023.

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 2022 IRS Form 990 filing, American First Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 9 out of 169 total employees. Among the employees shown here, the average compensation is $319,297. The highest compensated employee at American First Credit Union is Jon Shigematsu with fiscal year 2022 compensation of $572,904.

Revenue, expenses, and employee compensation

Revenue

$38,362,006

Expenses

$31,819,977

Employee compensation

$13,404,442
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jon Shigematsu
President and Chief Executive Officer
$572,904
$523,084 No related comp$49,820
Jeremy Jorgensen
Commercial RE LOAN Officer
$413,097
$389,048 No related comp$24,049
Teanna Donovan
SR Commercial RE LOAN Officer
$362,107
$331,005 No related comp$31,102
Victor Gallego
Commercial RE LOAN Officer
$353,522
$311,883 No related comp$41,639
Robert Farrington
Senior Vice President Commercial REAL Estate
$334,497
$287,401 No related comp$47,096
Theresa Davy
Chief Operating Officer
$325,636
$302,793 No related comp$22,843
Constance Kelly
SR Commercial RE LOAN Officer
$282,582
$264,124 No related comp$18,458
Julie M Given-Glance Former
Chief Financial Officer
$139,537
$127,494 No related comp$12,043
Frank Borawski
Chief Financial Officer
$89,793
$86,764 No related comp$3,029

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
Board Treasurer
Patti Malott
Director
Robert Warkenton
Supervisory Committee Member
Roger vander Wende
Vice Chair
Tom Cook
Chair

Contractors

Fiserv
Core System Maintenance
$2,387,481
Experian
Credit Reporting Agency
$342,335
Business Data Ind
Accounting
$340,196
Meridianlink
Software
$266,612
Gerson Law Firm Apc
Legal
$239,196

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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