2024-11-13T10:58:37-06:00 2023-12-31 742533381 JAYNES REITMEIER BOYD & THERRELL PC 5400 BOSQUE BLVD STE 600 WACO TX 767104459 990 2023-01-01 741592875 AMPLIFY CREDIT UNION AMPL 5128365901 3600 W PARMER LANE AUSTIN TX 78727 PAUL GARRIGUES CFO 5128365901 2024-11-13 1 0 NANCY A LIVINGSTON P00044678 2547764190 2024-11-13 2023 2024-10-15 13:58:12Z KENDALL GARRISON 3600 W PARMER LANE AUSTIN TX 78727 83598527 0 X HTTPS://WWW.GOAMPLIFY.COM/ X 2017 TX TO IMPROVE THE LIVES OF OUR MEMBERS AND THE STRENGTH OF OUR COMMUNITIES. 7 7 295 0 5043350 461037 0 0 81368504 68393119 5036369 15205408 0 0 86404873 83598527 0 0 0 0 28419155 25664277 0 0 0 34480053 51131310 62899208 76795587 23505665 6802940 1525654462 1420947795 1414171931 1298474357 111482531 122473438 TO IMPROVE THE LIVES OF OUR MEMBERS AND THE STRENGTH OF OUR COMMUNITIES. 0 0 76795587 63349769 AMPLIFY PROVIDES CERTIFICATES OF DEPOSIT, SHARE ACCOUNTS AND CHECKING ACCOUNTS TO MEMBERS. THE CREDIT UNION PAYS INTEREST ON THE SAVINGS AND TIME DEPOSITS. IN ADDITION, THE CREDIT UNION PROVIDES VARIOUS TYPES OF LOANS TO ITS MEMBERS, INCLUDING RESIDENTIAL AND HOME EQUITY LOANS, AUTO LOANS, BUSINESS LOANS, AND CONSUMER LOANS. THE CREDIT UNION SERVICES LOANS FOR ITS MEMBERS AND OTHER FINANCIAL INSTITUTIONS. 76795587 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 20611 0 295 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X PAUL GARRIGUES 5128365901 3600 W PARMER LANE AUSTIN TX 78727 WILLIE EVERETT DIRECTOR 2.00 X 0 0 0 SAM ROBERTSON VICE CHAIR 3.00 X X 0 0 0 JOYCE J SMITH SECRETARY 3.00 X X 0 0 0 LEMUEL WILLIAMS DIRECTOR 2.00 X 0 0 0 SANDY DOCHEN DIRECTOR 2.00 X 0 0 0 KENDEL MARTIN CHAIR 5.25 X X 0 0 0 SHAKU SELVAKUMAR ADVISORY DIRECTOR 2.00 X 0 0 0 VERONICA V STIDVENT DIRECTOR 2.00 X 0 0 0 KENDALL GARRISON PRESIDENT - CEO 40.00 X 856742 0 41621 STACY R ARMIJO SVP - CXO 40.00 X 514713 0 37010 CHARLOTTE P MORRISON SVP - CIO 40.00 X 406292 0 39564 JACKIE YORK SVP - CFO 40.00 X 362194 0 16189 ALAN KEITH JEWELLS VP - COMMERCIAL LENDING 40.00 X 314186 0 29951 KEVIN ANDREW GINSBURG VP - RE PRODUCTION 40.00 X 264243 0 32785 JOSE C SAN PEDRO SVP - LOAN ADMINISTRATION 40.00 X 262639 0 28790 ALMA Y PALACIOS VP - REAL ESTATE OPERATION 40.00 X 232753 0 31391 ANGELA LYNN SHAW SVP - TALENT 40.00 X 223703 0 23757 LISA LARSON VP - PAYMENTS & OPS 40.00 X 213149 0 23946 CHRISTINA RANFT VP - PROJECT MANAGEMENT 40.00 X 196449 0 23094 JAZMIN OTERO VP-RETAIL BANKING 40.00 X 183281 0 29643 JOHN ANTHONY TRAWEEK II VP - INFORMATION TECHNOLOGY 40.00 X 181645 0 29927 JENNIFER SOBCZYK VP - CORE PRODUCT MGMT. 40.00 X 183039 0 22457 ROBERT ALMAND AVP - THIRD PARTY LENDING 40.00 X 152800 0 16335 KATRINA JANE CUOCO VP - ENTERPRISE RISK MGMT 40.00 X 156230 0 9040 AMANDA J BEARD AVP - ACCOUNT RESOLUTION 40.00 X 149025 0 6034 APRIL HOUSTON AVP - PAYMENTS AND OPERATIONS 40.00 X 127066 0 16251 KRISTIN N KELLER VP - RE LENDING 40.00 X 352177 0 27951 ALEXANDER B OLMOS COMMERCIAL LOAN OFFICER 40.00 X 275262 0 26812 TERRY NEIL COUNCIL DIRECTOR - RETAIL MORTG PROD 40.00 X 171289 0 22109 BRUCE MELTON SMITH INFORMATION SECURITY OFFIC 40.00 X 168515 0 17776 RENE FLORES VP - COMMERCIAL LOAN OFFIC 40.00 X 171641 0 14365 BARBARA CANAN SANTNER DIRECTOR - MORTGAGE UNDERWRITING 40.00 X 172272 0 5050 SONIA ALTAMIRANO CHAPA FINANCE DIRECTOR 40.00 X 140649 0 27535 DAVID THIBODEAUX DIRECTOR - SECURITY AND FA 40.00 X 139619 0 25366 ALISON HEDGER SR. ENCOMPASS ADMIN 40.00 X 141172 0 15046 FRANK HART SR. SALESFORCE DEVEL 40.00 X 138280 0 17821 ZANE HUDSON DIRECTOR - COMMERCIAL CREDIT 40.00 X 133645 0 19431 6984670 0 677047 77 1 1 0 ELIZABETH CHRISTIAN PUBLIC RELATIONS LLC 8008 SPICEWOOD LN AUSTIN TX 78759 PR CONSULTANT 322252 LEE HECHT HARRISON LLC 283 CRANES ROOST BLVD SUITE 200 ALTAMONTE SPRINGS FL 32701 VIRTUAL TRAINING FOR HR REASONS 275709 JARED CARVALHO 152 APPALOOSA RUN LIBERTY HILL TX 78642 REVIEWS CLOSED LOAN FILES 147750 3 LOANS TO MEMBERS 522100 53582715 53582715 OTHER INCOME 522100 7731401 7731401 FEES AND CHARGES 522100 6201747 1158397 5043350 GAIN ON SALE OF LOANS 522100 3450895 3450895 INTERCHANGE INCOME 522100 2659493 2659493 -5233132 -5233132 68393119 15205408 15205408 83598527 63349769 5043350 15205408 7661718 7661718 13844479 13844479 809771 809771 1902026 1902026 1446283 1446283 356397 356397 264500 264500 1390763 1390763 515165 515165 4238197 4238197 2643785 2643785 161326 161326 30933107 30933107 1969267 1969267 207755 207755 LOAN EXPENSES 5033593 5033593 PRODUCT EXPENSES 2813900 2813900 OPERATING EXPENSES 1147589 1147589 OTHER EXPENSES 381743 381743 -925777 -925777 76795587 76795587 0 0 56271984 78724404 6764924 10146309 1127707221 1089527797 40369537 23213891 17240073 17155646 94569008 98937530 116502158 21087071 106599094 105369038 1525654462 1420947795 31632605 35023663 356500000 240500000 1026039326 1022950694 1414171931 1298474357 X 0 0 0 0 111482531 122473438 111482531 122473438 1525654462 1420947795 X 6802940 4203778 -15811 X 0 1 X 1 0 5075593 5075593 13655299 4932388 8722911 6496227 4438732 2057495 15142418 13842771 1299647 17155646 ACCRUED INTEREST RECEIVABLE 4968635 PREPAID & OTHER ASSETS 91370762 NCUSIF DEPOSIT 9029641 105369038 MEMBERS' SHARE AND SAVINGS ACCOUNT 1022950694 1022950694 X 87802305 4203778 4203778 83598527 0 83598527 76795587 0 76795587 0 76795587 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. X 1 1 X X X X 0 1 0 KENDALL GARRISON PRESIDENT - CEO 856742 0 0 0 0 0 27675 0 13946 0 898363 0 0 0 STACY R ARMIJO SVP - CXO 514713 0 0 0 0 0 26517 0 10493 0 551723 0 0 0 CHARLOTTE P MORRISON SVP - CIO 406292 0 0 0 0 0 20786 0 18778 0 445856 0 0 0 KRISTIN N KELLER VP - RE LENDING 352177 0 0 0 0 0 20813 0 7138 0 380128 0 0 0 JACKIE YORK SVP - CFO 362194 0 0 0 0 0 13777 0 2412 0 378383 0 0 0 ALAN KEITH JEWELLS VP - COMMERCIAL LENDING 314186 0 0 0 0 0 20057 0 9894 0 344137 0 0 0 ALEXANDER B OLMOS COMMERCIAL LOAN OFFICER 275262 0 0 0 0 0 18766 0 8046 0 302074 0 0 0 KEVIN ANDREW GINSBURG VP - RE PRODUCTION 264243 0 0 0 0 0 22635 0 10150 0 297028 0 0 0 JOSE C SAN PEDRO SVP - LOAN ADMINISTRATION 262639 0 0 0 0 0 20463 0 8327 0 291429 0 0 0 ALMA Y PALACIOS VP - REAL ESTATE OPERATION 232753 0 0 0 0 0 20776 0 10615 0 264144 0 0 0 ANGELA LYNN SHAW SVP - TALENT 223703 0 0 0 0 0 17308 0 6449 0 247460 0 0 0 LISA LARSON VP - PAYMENTS & OPS 213149 0 0 0 0 0 14782 0 9164 0 237095 0 0 0 CHRISTINA RANFT VP - PROJECT MANAGEMENT 196449 0 0 0 0 0 15261 0 7833 0 219543 0 0 0 JAZMIN OTERO VP-RETAIL BANKING 183281 0 0 0 0 0 16200 0 13443 0 212924 0 0 0 JOHN ANTHONY TRAWEEK II VP - INFORMATION TECHNOLOGY 181645 0 0 0 0 0 19116 0 10811 0 211572 0 0 0 JENNIFER SOBCZYK VP - CORE PRODUCT MGMT. 183039 0 0 0 0 0 14642 0 7815 0 205496 0 0 0 TERRY NEIL COUNCIL DIRECTOR - RETAIL MORTG PROD 171289 0 0 0 0 0 13725 0 8384 0 193398 0 0 0 BRUCE MELTON SMITH INFORMATION SECURITY OFFIC 168515 0 0 0 0 0 10077 0 7699 0 186291 0 0 0 RENE FLORES VP - COMMERCIAL LOAN OFFIC 171641 0 0 0 0 0 11700 0 2665 0 186006 0 0 0 BARBARA CANAN SANTNER DIRECTOR - MORTGAGE UNDERWRITING 172272 0 0 0 0 0 1220 0 3830 0 177322 0 0 0 ROBERT ALMAND AVP - THIRD PARTY LENDING 152800 0 0 0 0 0 9936 0 6399 0 169135 0 0 0 SONIA ALTAMIRANO CHAPA FINANCE DIRECTOR 140649 0 0 0 0 0 17902 0 9633 0 168184 0 0 0 KATRINA JANE CUOCO VP - ENTERPRISE RISK MGMT 156230 0 0 0 0 0 7795 0 1245 0 165270 0 0 0 DAVID THIBODEAUX DIRECTOR - SECURITY AND FA 139619 0 0 0 0 0 15187 0 10179 0 164985 0 0 0 ALISON HEDGER SR. ENCOMPASS ADMIN 141172 0 0 0 0 0 7565 0 7481 0 156218 0 0 0 FRANK HART SR. SALESFORCE DEVEL 138280 0 0 0 0 0 9889 0 7932 0 156101 0 0 0 AMANDA J BEARD AVP - ACCOUNT RESOLUTION 149025 0 0 0 0 0 3556 0 2478 0 155059 0 0 0 ZANE HUDSON DIRECTOR - COMMERCIAL CREDIT 133645 0 0 0 0 0 11584 0 7847 0 153076 0 0 0 PART I, LINE 1A TRAVEL WAS PROVIDED FOR THE SPOUSES OF TWO BOARD MEMBERS. THE TRAVEL EXPENSE WAS REPORTED ON FORMS 1099 FILED WITH THE IRS AND PROVIDED TO THE SPOUSES. PAUL A TRYLKO FORMER CEO SPLIT DOLLAR LIFE INSURANCE X 3887448 4827397 0 1 1 KENDALL GARRISON CEO SPLIT DOLLAR LIFE INSURANCE X 8700000 5318912 0 1 1 10146309 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE VOTE OF THE MEMBERSHIP IS REQUIRED FOR ANY CHANGES TO THE GOVERNING DOCUMENTS OR TO APPROVE A MERGER. FORM 990, PART VI, SECTION B, LINE 11B SENIOR MANAGEMENT AND BOARD OF DIRECTORS REVIEW THE 990 AT A BOARD MEETING AND EACH BOARD MEMBER IS PROVIDED A COPY PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD-LEVEL CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED ANNUALLY. ALL BOARD MEMBERS, VOLUNTEERS, AND SENIOR MANAGEMENT EXECUTIVES COMPLETE AN ANNUAL DISCLOSURE OF POTENTIAL CONFLICTS. FURTHER, ALL EMPLOYEES, INCLUDING SENIOR MANAGEMENT, ANNUALLY ACKNOWLEDGE THEIR RESPONSIBILITIES FOR POTENTIAL CONFLICT OF INTERESTS VIA THE TEAM MEMBER HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 AMPLIFY UTILIZES AN OUTSIDE COMPENSATION CONSULTANT, MCLAGAN (AN AON HEWITT COMPANY) TO CONDUCT AN ANNUAL STUDY OF CEO COMPENSATION. THE STUDY IS BASED ON A COMBINATION OF PROXY AND SURVEY DATA SOURCES. THE STUDY IS PRESENTED BY HUMAN RESOURCES TO THE AMPLIFY BOARD OF DIRECTORS. THE BOARD THEN REVIEWS AND APPROVES CEO COMPENSATION ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL RESULTS ARE POSTED PUBLICLY AT THE CREDIT UNION'S MAIN BRANCHES. FORM 990, PART XI, LINE 9: CHANGE IN ACCOUNTING PRINCIPLE -15,811. PARMER HQ LLC 3600 W PARMER LANE AUSTIN TX 78727 272105697 LEASE OF REAL PROPERTY TX -31849 7410334 PARMER WEST LLC 3600 W PARMER LANE AUSTIN TX 78727 463383694 LEASE OF REAL PROPERTY TX ASSET HOLDINGS 1 3600 W PARMER LANE AUSTIN TX 78727 853751320 TEMPORARILY HOLD REPOSESSED ASSETS TX ASSET HOLDINGS 2 3600 W PARMER LANE AUSTIN TX 78727 853748581 TEMPORARILY HOLD REPOSESSED ASSETS TX 481185 9988022