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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 Valley First Credit Union

Valley First Credit Union

Fiscal year ending 2020. Filed on November 15, 2021.

1005 W Orangeburg Avenue
1200
Modesto, California 95350

Valley First Credit Union (EIN: 94-1439553) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Valley First Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 193 total employees. Among the employees shown here, the average compensation is $248,279. The highest compensated employee at Valley First Credit Union is Dennis Barta with fiscal year 2020 compensation of $612,649.

Revenue, expenses, and employee compensation

Revenue

$34,327,835

Expenses

$28,803,577

Employee compensation

$11,326,910
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dennis Barta
Vice President Finance (Until 12/31/20)
$612,649
$383,332 No related comp$229,317
Kathryn Davis
President and Chief Executive Officer
$565,023
$518,421 No related comp$46,602
Catherine Rando
Vice President, Information Services
$232,427
$181,176 No related comp$51,251
Paul Emanuels
Vice President, Lending
$208,733
$178,710 No related comp$30,023
Traci Nagasawa
Vice President Member Service (Until 8/20)
$202,899
$175,426 No related comp$27,473
Jennifer Brown
Vice President, Risk Management
$176,264
$170,835 No related comp$5,429
Courtnay Lynch
Vice President People and Culture
$166,981
$140,414 No related comp$26,567
Anita Morphew
Vice President, Marketing
$162,378
$121,140 No related comp$41,238
Christopher Hewitt
Vice President Digital Banking
$141,614
$112,102 No related comp$29,512
Melanie Borras
Controller
$137,895
$122,297 No related comp$15,598
Roberta Gaalswyk
Director of Lending Services
$124,205
$111,608 No related comp$12,597

Benchmark Employee Compensation

Non-Employee Board Members

Chris Peterson
Secretary (Until 4/20)/Chair
Fred Cruz
Board Chair (Until 4/20)/Vice Chair
Gary Hall
Treasurer (Until 4/20)/Director
John Schneider
Director
Judy Jensen
VICE Chair (Until 6/20)
Patrick Dodd
Secretary
Patti Gillihan
Director
Tom Kane
Treasurer

Contractors

Jack Henry & Associates Inc.
Computer Support
$620,551
Financial Tech Solutions International
ATM Servicing
$582,991
Q2 Software
Computer Support
$444,890
Kasasa Ltd
Deposit Product Support
$424,359
Att Business Solutions
Business Solutions
$332,560

Mission Statement

WORKING TOGETHER TO PROVIDE SUPERIOR SERVICE FOR OUR MEMBERS AND COMMUNITY

Revisions to this organization profile

November 17, 2025:
2024 Valley First Credit Union 990 filed
November 12, 2024:
2023 Valley First Credit Union 990 filed
November 15, 2023:
2022 Valley First Credit Union 990 filed

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