2023-11-14T08:39:59-06:00 2022-12-31 390912608 HAWKINS ASH CPAS LLP 520 N BROADWAY SUITE 250 GREEN BAY WI 54303 990 2022-01-01 390394240 CAPITAL CREDIT UNION CAPI 9204942828 825 MORRIS AVE GREEN BAY WI 543044525 LISA HUGUET CFO 9204944541 2023-11-13 1 LISA HUGUET 999009999 0 JEFFREY DANEN CPA P01236582 9203369850 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LAURIE BUTZ 825 MORRIS AVE GREEN BAY WI 543044525 97559309 0 X WWW.CAPITALCU.COM X 1934 WI CAPITAL CREDIT UNION IS A FULL SERVICE FINANCIAL INSTITUTION THAT OFFERS OUR MEMBERS MULTIPLE LOAN PRODUCTS AS WELL AS SHARE, SHARE DRAFT, CD AND IRA PRODUCTS. IN ADDITION, CAPITAL SERVES MEMBERS BY OFFERING AUTOMATED TELLER MACHINES, DIRECT DEPOSIT, CALL 24 ONLINE BANKING, DEBIT AND CREDIT CARDS, GIFT CARDS, SAFE DEPOSIT BOXES, E-STATEMENTS, BILL PAY AND MANY OTHER SERVICES. CAPITAL SERVES OVER 119,000 MEMBERS IN 12 NORTHEAST WISCONSIN COUNTIES: BROWN, CALUMET, DOOR, KEWAUNEE, MANITOWOC, MARINETTE, MENOMINEE, OCONTO, OUTAGAMIE, SHAWANO, WAUPACA, AND WINNEBAGO. 9 9 553 9 305178 0 0 0 81437883 85035131 3613704 11713483 28228 19728 85079815 96768342 565428 481724 0 0 25114430 28595751 0 0 0 32650658 42242439 58330516 71319914 26749299 25448428 2195744286 2319322053 1949382451 2059825291 246361835 259496762 X A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. CAPITAL CREDIT UNION IS A FULL SERVICE FINANCIAL INSTITUTION THAT OFFERS OUR MEMBERS MULTIPLE LOAN PRODUCTS AS WELL AS SHARE, SHARE DRAFT, CD AND IRA PRODUCTS. IN ADDITION, CAPITAL SERVES MEMBERS BY OFFERING AUTOMATED TELLER MACHINES, DIRECT DEPOSIT, CALL 24 ONLINE BANKING, DEBIT AND CREDIT CARDS, GIFT CARDS, SAFE DEPOSIT BOXES, E-STATEMENTS, BILL PAY AND MANY OTHER SERVICES. CAPITAL SERVES OVER 119,000 MEMBERS IN 12 NORTHEAST WISCONSIN COUNTIES: BROWN, CALUMET, DOOR, KEWAUNEE, MANITOWOC, MARINETTE, MENOMINE, OCONTO, OUTAGAMIE, SHAWANO, WAUPACA, AND WINNEBAGO. 0 0 CAPITAL CREDIT UNION PROVIDES A FULL MENU OF LOAN PRODUCTS TO ITS 119,120 MEMBERS, BOTH CONSUMER LOANS AND MORTGAGES. WITH A HIGH-RATE CHECKING ACCOUNT AND MONEY MARKET RATES THAT WERE AT THE TOP OF THE MARKET, WE WERE ABLE TO PROVIDE MEMBERS WITH INSURED,LIQUID ALTERNATIVES FOR THEIR DEPOSIT NEEDS. CAPITAL DONATED IN EXCESS OF $481,000 TO VARIOUS LOCAL CHARITIES THROUGHOUT THE YEAR THROUGH OUR ELEVATE COMMUNITIES PROGRAM. CAPITAL CONTINUES TO SUPPORT LOCAL HOMELESS SHELTERS, MENTAL HEALTH INITIATIVES, AND MANY COMMUNITY EVENTS. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 93172 0 1 553 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X LISA HUGUET 9204944541 825 MORRIS AVENUE GREEN BAY WI 54306 RANDALL SANDERS TREASURER 1.50 X X 1839 0 0 STEVEN FRASSETTO CHAIRMAN 3.50 X X 1984 0 0 COLLEEN VANZEELAND DIRECTOR 1.50 X 0 0 0 MELANIE HAEN VICE CHAIR 3.50 X X 0 0 0 NANCY RIETVELD DIRECTOR 1.50 X 1768 0 0 HEATHER KARCZ DIRECTOR 1.50 X 3651 0 0 KEITH LUCIUS SECRETARY 1.50 X X 0 0 0 JOHN CARRIER DIRECTOR 1.50 X 0 0 0 RACHEL NELSON DIRECTOR 1.50 X 0 0 0 KAREN CAREW EXECUTIVE VP/COO 40.00 X 268273 0 11967 LISA HUGUET CFO 40.00 X 214087 0 24461 LAURIE BUTZ PRESIDENT 40.00 X 417098 0 21449 WENDY WOHR SVP - MEMBER RELATIONS 40.00 X 195967 0 26480 TIMOTHY WYNGAARD VP - COMMERCIAL LENDING 40.00 X 177088 0 26411 JONATHAN PROBST CHIEF LENDING OFFICER 40.00 X 163237 0 16770 BRAD ROETHLISBERGER VP - FINANCIAL SOLUTIONS 40.00 X 130254 0 9761 PATTI BANI CHIEF CULTURE OFFICER 40.00 X 147470 0 17910 AMY OTIS VP - HUMAN RESOURCES 40.00 X 145545 0 12878 DANIELLE KROENING VP - MEMBER SERVICES 40.00 X 139947 0 17690 JACQUELINE HAGMANN VP - MORTGAGE LENDING 40.00 X 124264 0 20937 THOMAS YOUNG PRESIDENT 40.00 X 246634 0 7537 2379106 0 214251 19 1 1 0 FISERV PO BOX 934057 ATLANTA GA 31193 CORE PROCESSOR 3969922 VISA USA INC PO BOX 742233 LOS ANGELES CA 90074 DEBT CARD PROCESSING 1302982 BLUEPOP DIGITIAL 1464 BRADBURY CT GREEN BAY WI 54313 MARKETING CONSULTANT 625268 TRISERV APPRAISAL MANAGEMENT SOLUTIONS 875 OLD ROSWELL RD STE G300 ROSWELL GA 30076 APPRAISER 492571 TRANS UNION LLC 555 WEST ADAMS ST CHICAGO IL 60661 CREDIT BUREAU 407015 27 INTEREST ON LOANS 522100 63499548 63499548 INTERCHANGE INCOME 522100 8314758 8314758 FEE INCOME 522100 7836340 7807219 29121 OTHER OPERATING INCOME 522100 2513392 2513392 INSURANCE INCOME 522100 2506387 2230330 276057 364706 364706 85035131 12502630 12502630 19728 0 19728 19728 19728 1820 768228 22739 -768228 -20919 -789147 -789147 96768342 83940806 305178 12522358 481724 1444992 21201624 1336510 2888926 1723699 10342 16532 908386 1976289 5655892 1958834 141627 255416 7097653 2036308 181665 DIVIDENDS ON SHARES 10805255 PROCESSING 4897518 PROVISION FOR LOAN LOSS 2791177 LOAN SERVICING 1904143 1605402 71319914 439405029 178018843 67732250 30046000 7400093 19630986 1498656691 1882426980 1452170 1626598 52470843 29290394 23984021 23180449 87048010 110196506 23431308 25082953 10553464 10368910 36081250 38743828 2195744286 2319322053 13609365 31169192 271 141 2005540 2071738 52000000 101000000 1881767275 1925584220 1949382451 2059825291 X 0 0 11350466 11350466 235011369 248146296 246361835 259496762 2195744286 2319322053 X 25448428 -12313496 -5 X X 0 1 X 1 0 0 1 X 7582572 7582572 27812390 14068533 13743857 9144274 7935307 1208967 7931607 7286554 645053 23180449 SHARES 1925584220 1925584220 X 96768342 0 96768342 0 96768342 71319914 0 71319914 0 71319914 PART IV, LINE 2B: THE CREDIT UNION MAINTAINS ESCROW ACCOUNTS ASSOCIATED WITH REAL ESTATE MORTGAGES (PROPERTY TAXES AND INSURANCE) ON BEHALF OF ITS MEMBERS. PART X, LINE 2: GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CREDIT UNION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CREDIT UNION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CREDIT UNION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CREDIT UNION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CREDIT UNION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. 1 SALVATION ARMY - FOX CITIES 130 E NORTH ST APPLETON WI 54911 362167910 509(A)(1) 16905 0 GENERAL SUPPORT BROWN COUNTY SHERIFF 2684 DEVELOPMENT DR GREEN BAY WI 54311 396005671 21374 0 GENERAL SUPPORT BROWN COUNTY UNITED WAY 112 N ADAMS ST GREEN BAY WI 54301 390806299 501(C)(3) 10528 0 GENERAL SUPPORT CIVIC SYMPHONY OF GREEN BAY PO BOX 302 GREEN BAY WI 543050302 391832060 501(C)(3) 7230 0 GENERAL SUPPORT COUNTY RESCUE SERVICES 1765 ALLOUEZ AVE GREEN BAY WI 54311 391353486 501(C)(3) 8125 0 GENERAL SUPPORT FOUNDATIONS HEALTH & WHOLENESS 1061 W MASON ST GREEN BAY WI 54303 391047205 501(C)(3) 45718 0 GENERAL SUPPORT FRIENDS OF COMMUNITY EMERGENCY RESPONSE TEAM N1073 QUARRY VIEW RD HORTONVILLE WI 54944 364895357 501(C)(3) 15000 0 GENERAL SUPPORT GREENLEAF VOLUNTEER FIRE DEPARTMENT PO BOX 57 GREENLEAF WI 54126 843971868 5070 0 GENERAL SUPPORT HOWARD FIRE RESCUE 2456 GLENDALE AVE GREEN BAY WI 54313 391053841 16423 0 GENERAL SUPPORT OSHKOSH FIRE DEPARTMENT 101 COURT ST OSHKOSH WI 54901 336005563 14370 0 GENERAL SUPPORT RIAH'S RAINBOW PO BOX 253 SUAMICO WI 54173 264313710 501(C)(3) 6100 0 GENERAL SUPPORT RIBBON OF HOPE FOUNDATION PO BOX 148 DE PERE WI 54115 810577926 501(C)(3) 5105 0 GENERAL SUPPORT SAMARITAN 1478 KENWOOD DR STE 1 MENASHA WI 54952 391214216 501(C)(3) 18158 0 GENERAL SUPPORT SHAWANO POLICE DEPARTMENT 145 SOUTH SAWYER ST SHAWANO WI 54166 396005594 10200 0 GENERAL SUPPORT STURGEON BAY POLICE DEPARTMENT 421 MICHIGAN ST STURGEON BAY WI 54235 396005627 9448 0 GENERAL SUPPORT UNITED WAY FOX CITIES 1455 MIDWAY RD MENASHA WI 54952 390912895 501(C)(3) 20528 0 GENERAL SUPPORT PART I, LINE 2: NONE - GRANTS AND ASSISTANCE ARE GENERALLY LIMITED TO KNOWN LOCAL ORGANIZATIONS. X X 1 1 X X X X X 0 1 0 LAURIE BUTZ PRESIDENT 392791 0 218 0 24089 0 12200 0 9249 0 438547 0 0 0 KAREN CAREW EXECUTIVE VP/COO 79813 0 33100 0 155360 0 9483 0 2484 0 280240 0 0 0 THOMAS YOUNG PRESIDENT 100164 0 3200 0 143270 0 7537 0 0 0 254171 0 0 0 LISA HUGUET CFO 164849 0 20205 0 29033 0 12183 0 12278 0 238548 0 0 0 WENDY WOHR SVP - MEMBER RELATIONS 182408 0 231 0 13328 0 13943 0 12537 0 222447 0 0 0 TIMOTHY WYNGAARD VP - COMMERCIAL LENDING 150430 0 13839 0 12819 0 12574 0 13837 0 203499 0 0 0 JONATHAN PROBST CHIEF LENDING OFFICER 133920 0 14203 0 15114 0 10421 0 6349 0 180007 0 0 0 PATTI BANI CHIEF CULTURE OFFICER 132251 0 211 0 15008 0 9980 0 7930 0 165380 0 0 0 AMY OTIS VP - HUMAN RESOURCES 123387 0 10941 0 11217 0 9222 0 3656 0 158423 0 0 0 DANIELLE KROENING VP - MEMBER SERVICES 117749 0 11237 0 10961 0 9516 0 8174 0 157637 0 0 0 PART I, LINE 4B THE CREDIT UNION HAS NONQUALIFIED DEFERRED COMPENSATION AGREEMENTS WITH KEY EMPLOYEES. THE AGREEMENTS VARY AS SOME ALLOW THE CREDIT UNION TO MAKE CONTRIBUTIONS AT ITS DISCRETION WHILE OTHERS ALLOW FOR ONLY PARTICIPANT CONTRIBUTIONS. THE TOTAL BALANCE OF THESE ACCOUNTS IS APPROXIMATELY $657,000. THOMAS YOUNG PRESIDENT (FORMER) SPLIT DOLLAR LIFE INSURANCE X 6104265 5058012 0 1 1 KAREN CAREW EXECUTIVE VICE PRESIDENT SPLIT DOLLAR LIFE INSURANCE X 2248845 2047321 0 1 1 LAURIE BUTZ PRESIDENT SPLIT DOLLAR LIFE INSURANCE X 12719274 12525653 0 1 1 19630986 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE INDIVIDUALS LIVING OR WORKING IN THE COUNTIES OF BROWN, CALUMET, DOOR, KEWAUNEE, MANITOWOC, MARINETTE, MENOMINEE, OCONTO, OUTAGAMIE, SHAWANO, WAUPACA, AND WINNEBAGO THAT HAVE DEPOSITS WITH THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A BOARD OF DIRECTORS IS ELECTED BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY THE PRESIDENT AND CFO PRIOR TO SUBMISSION WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT COVERS ALL EMPLOYEES AND BOARD OF DIRECTORS. THE DETERMINATION AND REVIEW OF PERCEIVED CONFLICT IS DONE AT THE MANAGEMENT TEAM LEVEL. UPON DETERMINATION OF A CONFLICT, THE PERSON INVOLVED IN SAID CONFLICT CANNOT PARTICIPATE IN DELIBERATIONS OR DECISIONS. STAFF AND OFFICERS ARE REQUIRED TO REVIEW THE POLICY MANUAL. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS OF DETERMINING PROPER COMPENSATION IS COMPLETED DURING THE BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 POLICIES ARE AVAILABLE UPON REQUEST, SUMMARIZED FINANCIALS ARE POSTED IN THE BRANCHES. FORM 990, PART XI, LINE 9: ROUNDING -5. LINE 2C EXPLANATION NO CHANGES FROM THE PRIOR YEAR. CAPITAL CREDIT UNION SERVICE CORP 825 MORRIS AVE GREEN BAY WI 54304 391852107 INSURANCE COMMISSIONS WI CAPITAL CREDIT UNION C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0