2022-05-31T17:25:32-05:00 2021-12-31 200794302 MBE CPAS LLP 1136 E MAIN STREET REEDSBURG WI 53959 990 2021-01-01 390966273 WESTBY CO-OP CREDIT UNION WEST 6086347615 PO BOX 70 WESTBY WI 54667 JOHN RUDIE CFO 6086347615 2022-05-24 1 JOHN RUDIE 999009999 RYAN WEBER CPA P01299128 6085248998 2022-05-24 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JOHN RUDIE PO BOX 70 WESTBY WI 54667 36161276 0 X WCCUCREDITUNION.COOP X 1939 WI WESTBY CO-OP CREDIT UNION WILL PROVIDE SERVICES THAT ARE EFFICIENT, CONFIDENTIAL, AND ACCURATE IN A CONVENIENT AND FRIENDLY ENVIRONMENT. WE WILL BE COMPETITIVELY PRICED, TECHNOLOGICALLY ADVANCED AND ECONOMICALLY SOUND, AND SUPPORT OUR COMMUNITIES. 7 7 246 0 0 0 0 0 32542271 35268830 928951 892446 0 0 33471222 36161276 0 0 0 0 11671644 13151369 0 0 0 12788649 11711468 24460293 24862837 9010929 11298439 664171995 763110609 559744015 648405447 104427980 114705162 WESTBY CO-OP CREDIT UNION WILL PROVIDE SERVICES THAT ARE EFFICIENT, CONFIDENTIAL, AND ACCURATE IN A CONVENIENT AND FRIENDLY ENVIRONMENT. WE WILL BE COMPETITIVELY PRICED, TECHNOLOGICALLY ADVANCED AND ECONOMICALLY SOUND, AND SUPPORT OUR COMMUNITIES. 0 0 PROVIDED 709 NEW LOANS TO MEMBERS THAT WERE FOR $2,000 OR LESS IN 2021. WE FUNDED 10,513 LOANS DURING 2021. AS OF 12/31/21, WE HAD 2,679 MORTGAGES/HOME EQUITY, 13,516 CONSUMER LOANS, 1,986 BUSINESS LOANS, AND 5,192 CREDIT CARD ACCOUNTS. PROVIDE LOW COST FINANCIAL SERVICES TO 38,491 MEMBERS. DURING 2021, WE OPENED 15,053 NEW DEPOSITS, TRANSACTION AND INVESTMENT ACCOUNTS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14791 0 1 246 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 0 0 0 1 1 0 0 WI X JOHN RUDIE 6086343118 PO BOX 70 WESTBY WI 54667 RONALD LARSON CHAIRPERSON CREDIT COM 2.00 X 2550 0 0 MONTE TORGERSON CHAIRPERSON CREDIT COM 3.00 X 6625 0 0 KEVIN LARSON 2ND VICE CHAIR 1.00 X 7025 0 0 CHRISTINE SLOAT VICE CHAIRMAN IT COM 1.00 X 4850 0 0 ALAN BERG 2ND VICE CHAIR AUDIT COM 1.00 X 4625 0 0 WILLIAM MAROHL SECRETARY AUDIT COM 2.00 X 9425 0 0 JOANNE HURNFELD 2ND VICE CHAIR ALCO COM 1.00 X 2750 0 0 KEVIN HAUSER PRESIDENT/CEO 50.00 X X 243513 0 32022 JOHN RUDIE CFO 45.00 X X 192539 0 30236 MARLENE OLSON HUMAN RESOURCES 40.00 X X 152405 0 13380 GARLAND MCGARVEY CTO 45.00 X X 186498 0 15504 VINCENT PADUANO CLO 45.00 X X 145567 0 26074 ART SCHRADER CBDO 45.00 X X 138030 0 11812 SARAH MANI TREASURER ALCO COM 1.00 X 7800 0 0 1104202 0 129028 6 0 1 0 LA MACCHIA GROUP LLC 157 N MILWAUKEE ST MILWAUKEE WI 53202 CONSTRUCTION 843322 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 SOFTWARE 672865 ALKAMI TECHNOLOGY PO BOX 670397 DALLAS TX 75257 SOFTWARE 516126 CAPITAL DATA INC 1360 S MAXLAND RD STE 200 BROOKFIELD WI 53005 SOFTWARE/HARDWARE 440178 JACK HENRY & ASSOCIATES PO BOX 609 MONETT MO 65708 SOFTWARE/HARDWARE 372513 5 LOAN INTEREST AND FEES 522100 34858840 34858840 LOAN INSURANCE 524298 409990 409990 35268830 892446 892446 36161276 35268830 0 892446 1233230 9204883 563196 1408397 741663 723189 102977 9979 416491 559978 2073010 700620 103532 28464 3118017 1191413 111182 LOAN EXPENSE 1749070 CARD EXPENSES 696339 DUES AND SUBSCRIPTIONS 127207 24862837 3890309 4243393 87674413 94202010 484418889 518450878 20477482 21019112 22153527 11286985 10283874 10866542 49113279 104578484 8313749 9750190 664171995 763110609 14896252 15107813 544847763 633297634 559744015 648405447 X 0 0 0 0 104427980 114705162 104427980 114705162 664171995 763110609 11298439 -1021257 0 X 1 X 0 0 0 2101474 2101474 11366368 4673875 6692493 8685685 6613110 2072575 10866542 INVESTMENTS 104578484 F 104578484 MEMBER SHARES AND DEPOSITS 633297634 633297634 0 1 0 KEVIN HAUSER PRESIDENT/CEO 236871 0 1032 0 5610 0 18528 0 13494 0 275535 0 0 0 JOHN RUDIE CFO 188839 0 3700 0 0 0 15334 0 14902 0 222775 0 0 0 GARLAND MCGARVEY CTO 182972 0 3526 0 0 0 14899 0 605 0 202002 0 0 0 VINCENT PADUANO CLO 141936 0 3631 0 0 0 11635 0 14439 0 171641 0 0 0 MARLENE OLSON HUMAN RESOURCES 148749 0 3656 0 0 0 12170 0 1210 0 165785 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY ANNUALLY. AT DECEMBER 31, 2021, WESTBY CO-OP CREDIT UNION HAS 38,491 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISIONS BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED IN THE ORGANIZATION'S BYLAWS. ANY DECISION TO DISSOLVE OR MERGE THE ORGANIZATION REQUIRES APPROVAL OF MEMBERSHIP, UNLESS MANDATED BY REGULATORY AGENCY (I.E., NUCA, WISCONSIN OFFICE OF CREDIT UNIONS). FORM 990, PART VI, SECTION B, LINE 11B THE CFO ACCUMULATES ALL 990 AND 990T INFORMATION. THE 990 AND THE 990T ARE REVIEWED BY THE GOVERNING BODY AND SENIOR MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED FOR THE CEO BY USING A SALARY SURVEY. THE BOARD APPROVES THE PRESIDENT'S COMPENSATION AND THE PRESIDENT APPROVES EMPLOYEE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 WE POST OUR FINANCIAL STATEMENTS ON THE MEMBER BULLETIN BOARD IN OUR CREDIT UNION'S ENTRANCE ON AN ANNUAL BASIS. THE CONFLICT OF INTEREST POLICY AND THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.