2023-05-08T13:09:21-05:00 2022-12-31 390758449 WIPFLI LLP 101 EAST FRONT STREET 301 MISSOULA MT 59802 990 2022-01-01 810283608 ROCKY MOUNTAIN CREDIT UNION ROCK 4064471102 3400 NORTH MONTANA HELENA MT 59601 STEVE SENDON PRESIDENT/CEO 4064471102 2023-04-27 1 STEVE SENDON XXX-XX-XXXX 0 SAM BRUNSON CPA P01696998 4067281800 2023-04-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVE SENDON 3400 NORTH MONTANA HELENA MT 59601 16619836 0 X WWW.RMCU.NET X 1940 MT PARTNERING WITH OUR MEMBERS TO IMPROVE THE QUALITY OF THEIR LIVES BY PROVIDING A SECURE AND SERVICE-FOCUSED CREDIT UNION THAT BUILDS TRUST AND RESPECT. 7 7 119 12 33783 48 0 0 14378624 15825920 263510 552959 507298 240957 15149432 16619836 27840 34304 0 0 6991670 7002857 0 0 0 6123146 7605633 13142656 14642794 2006776 1977042 347767556 364773546 319444829 336048499 28322727 28725047 PARTNERING WITH OUR MEMBERS TO IMPROVE THE QUALITY OF THEIR LIVES BY PROVIDING A SECURE AND SERVICE-FOCUSED CREDIT UNION THAT BUILDS TRUST AND RESPECT. 0 0 AS A MEMBER OWNED, FINANCIAL COOPERATIVE, THE CREDIT UNION SERVED MORE THAN 24,000 PRIMARILY MONTANA RESIDENTS WITH A WIDE VARIETY OF FINANCIAL SERVICES. ADDITIONAL SERVICES PROVIDED INCLUDED COUNSELING, FINANCIAL EDUCATION, NEWSLETTERS, DEPOSIT AND LOAN INSURANCE PROTECTION, AND CONSUMER INFORMATION. THE CREDIT UNION PROVIDED SETTLEMENT, CORRESPONDENCE, INVESTMENT, LOAN EDUCATION, AND OTHER SERVICES TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 8251 0 1 119 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 1 1 1 0 X CYRUS MALKIN 4064471102 3400 NORTH MONTANA HELENA MT 59601 KRISTIN BOUCHARD CHAIR 2.00 X X 0 0 0 LYLE MANLEY VICE CHAIR 2.00 X X 0 0 0 JOSH KNOEDLER TREASURER 2.00 X X 0 0 0 STEFANIE GRIFFITH SECRETARY 2.00 X X 0 0 0 MICHAEL BERTAGNOLLI DIRECTOR 2.00 X 0 0 0 CHRIS LEMON DIRECTOR 2.00 X 0 0 0 MICHAEL WILLIAMS DIRECTOR 2.00 X 0 0 0 STEVE SENDON PRESIDENT/CEO 40.00 X 290359 0 47323 CYRUS MALKIN CFO 40.00 X 164100 0 33001 DEAN OLSEN VP - IT 40.00 X 145066 0 29759 ERIN JOHNSTON VP - PROJECT CHANGE 40.00 X 131531 0 31875 LESLEY HUBER VP - LENDING 40.00 X 130974 0 25708 HOLLY LANE VP - HR 40.00 X 133053 0 22522 BRANDI LEE-MERGENTHALER VP - OPERATIONS 40.00 X 115625 0 30241 1110708 0 220429 10 0 1 0 LANGLAS AND ASSOCIATES 1019 EAST MAIN ST STE 101 BOZEMAN MT 59715 CONSTRUCTION 479032 JACK HENRY & ASSOCIATES 663 W HWY 60 MONETT MO 65718 SUPPORT SERVICES 388723 PRIME MARKETING 810 N WALLACE ST SUITE D BOZEMAN MT 59715 MARKETING SERVICES 275951 ALKAMI TECHNOLOGY INC PO BOX 670397 DALLAS TX 75267 SUPPORT SERVICES 227626 INFORMATION SYSTEMS OF MONTANA 1314 HELENA AVE HELENA MT 59601 IT SERVICES 200426 10 INTEREST ON LOANS 522100 11222032 11222032 FEES AND CHARGES 522100 4385951 4352168 33783 SALE OF LOANS HELD-FOR-SALE 522100 217937 217937 15825920 552959 552959 INTEREST ON SERP 522100 169157 169157 71800 71800 240957 16619836 16033094 33783 552959 34304 534783 5048719 494159 487316 437880 22103 114745 13448 654935 428726 701348 519634 592077 108513 65523 86228 594742 181658 CREDIT CARD & TRANSACTI 1287176 DIVIDENDS PAID TO MEMBE 1107031 LOAN SERVICING FEES 636613 PROVISION FOR LOAN LOSS 447000 44133 14642794 3340728 4468283 17127086 2811441 655291 928278 164537 164223 259877313 284584526 817736 775847 24379673 8576047 13313149 15803626 23878366 30729503 23929443 20021331 4663907 4486488 347767556 364773546 3741016 4228402 0 13750000 315703813 318070097 319444829 336048499 X 0 0 0 0 28322727 28725047 28322727 28725047 347767556 364773546 1977042 -1574722 0 X X 0 1 X 1 0 4806332 4806332 15076963 5137153 9939810 70496 70496 0 3568935 3204155 364780 856947 164243 692704 15803626 PERPETUAL CONTRIBUTED CAPITAL 650623 C TIME DEPOSITS 18406000 C ALL OTHER INVESTMENTS 964708 C 20021331 MEMBER DEPOSITS 318070097 318070097 X 16450679 0 16450679 169157 169157 16619836 14473637 0 14473637 169157 169157 14642794 PART X, LINE 2: THE CREDIT UNION IS GENERALLY EXEMPT, BY STATUTE, FROM FEDERAL INCOME TAXES AND STATE CORPORATE BUSINESS TAX. HOWEVER, THE CREDIT UNION IS SUBJECT TO FEDERAL TAX ON NET UNRELATED BUSINESS INCOME. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST ON SERP 169,157. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST ON SERP 169,157. X X X X X 0 1 0 STEVE SENDON PRESIDENT/CEO 235085 0 36496 0 18778 0 31709 0 15614 0 337682 0 0 0 CYRUS MALKIN CFO 136684 0 14772 0 12644 0 19856 0 13145 0 197101 0 0 0 DEAN OLSEN VP - IT 121552 0 14193 0 9321 0 17491 0 12268 0 174825 0 0 0 ERIN JOHNSTON VP - PROJECT CHANGE 116313 0 14863 0 355 0 16268 0 15607 0 163406 0 0 0 LESLEY HUBER VP - LENDING 108431 0 12699 0 9844 0 15841 0 9867 0 156682 0 0 0 HOLLY LANE VP - HR 113116 0 13460 0 6477 0 15841 0 6681 0 155575 0 0 0 PART I, LINE 4B ERIN JOHNSTON PARTICIPATES IN A SPLIT-DOLLAR LIFE INSURANCE AGREEMENT WITH THE ORGANIZATION. ERIN DID NOT RECEIVE ANY DISTRIBUTIONS FROM THIS PLAN DURING 2022. SEE SCHEDULE L FOR MORE DETAIL. ERIN JOHNSTON VP - PROJECT CHANGE SPLIT-DOLLAR LIFE INSURANCE X 147748 164223 0 1 1 164223 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. THERE IS ONLY ONE CLASS OF MEMBERSHIP AND THE REQUIREMENTS FOR MEMBERSHIP ARE DESCRIBED IN THE BYLAWS IN REGARD TO GEOGRAPHIC REGION AND THE PRICE OF ONE SHARE. FORM 990, PART VI, SECTION A, LINE 7A AN ANNUAL MEETING OF MEMBERS IS HELD WITHIN 200 DAYS AFTER THE CLOSE OF THE FISCAL YEAR. AT ALL MEETINGS, IRRESPECTIVE OF THE NUMBER OF SHARES HELD BY THE MEMBER, NO MEMBER SHALL HAVE MORE THAN ONE VOTE AND THERE IS NO VOTING BY PROXY. FORM 990, PART VI, SECTION A, LINE 7B DISSOLUTION IS SUBJECT TO THE APPROVAL OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE FORWARDED TO THE BOARD OF DIRECTORS BEFORE FILING FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY AND ACTS IMMEDIATELY WHEN CONFLICTS ARISE. WHEN A CONFLICT ARISES, IT IS FIRST REPORTED TO THE CHAIRMAN OF THE BOARD. THE DETERMINATION IF A CONFLICT EXISTS IS DONE BY THE EXECUTIVE COMMITTEE OF THE BOARD. WHEN MATTERS PERTAINING TO THE SPECIFIC PERSONAL INTEREST OF A BOARD MEMBER OR OTHER VOLUNTEER ARE DISCUSSED, THE AFFECTED MEMBER SHALL NOT ENGAGE IN THE DISCUSSION OR PARTICIPATE IN THE VOTE, AND THE MINUTES SHALL SO STATE. IF MORE THAN ONE MEMBER IS INVOLVED IN MATTERS INVOLVING A CONFLICT OF INTEREST AND A VOTE IS CALLED, THE NUMBER VOTING MUST EQUAL OR EXCEED THE QUORUM REQUIREMENTS FOR THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THREE BOARD MEMBERS ON THE CEO COMPENSATION COMMITTEE DETERMINE THE PRESIDENT/CEO'S PAY. THE BOARD IS VOLUNTEER WITHOUT COMPENSATION. THE PRESIDENT/CEO DETERMINES THE OFFICERS AND EMPLOYEES' PAY. FORM 990, PART VI, SECTION C, LINE 19 THE GENERAL PUBLIC CAN VIEW THE FORM 990 AND ORGANIZATIONAL DOCUMENTS UPON REQUEST. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.