2022-11-11T17:47:13-06:00 2021-12-31 910189318 MOSS ADAMS LLP 2707 COLBY AVENUE SUITE 801 EVERETT WA 98201 990 2021-01-01 910557925 SOUND CREDIT UNION SOUN 2535977603 PO BOX 1595 TACOMA WA 98401 TROY GARRY CFO 2535977603 2022-11-11 1 TROY GARRY 999009999 COLLEEN RAMIRES P01251320 4252597227 2022-11-07 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DONALD CLARK JR PO BOX 1595 TACOMA WA 98401 110056507 0 X WWW.SOUNDCU.COM X 1940 WA COOPERATIVE PROVIDING FINANCIAL SERVICES, INCLUDING LOANS AND SHARE DEPOSITS TO ITS MEMBERS. 9 9 525 0 236369 0 0 0 96046363 102027323 2387711 3675217 -34626 -90965 98399448 105611575 312258 219500 0 0 34391674 36800649 0 0 0 45220437 43954225 79924369 80974374 18475079 24637201 2219039629 2549084611 1976025190 2284586056 243014439 264498555 A MEMBER OWNED COOPERATIVE PROVIDING FINANCIAL SERVICES, INCLUDING LOANS AND SHARE DEPOSITS TO ITS MEMBERS. 0 0 ON THE LIABILITY/EQUITY SIDE OF THE BALANCE SHEET OUR MEMBERS HOLD 271,834 SAVINGS, CHECKING, AND MONEY MARKET DEPOSIT ACCOUNTS WITH COMBINED BALANCES OF $2,074,025,105. MEMBERS HOLD 2,111 IRA SAVINGS ACCOUNTS WITH COMBINED BALANCES OF $22,005,099. THESE FUNDS ARE POOLED AND USED PRIMARILY TO FUND CONSUMER AND REAL ESTATE SECURED LOANS TO OUR MEMBERSHIP. ALSO ON THE LIABILITY/EQUITY SIDE OF THE BALANCE SHEET, 7,313 OF OUR MEMBERS HOLD CERTIFICATE ACCOUNTS WITH TOTAL BALANCES OF $223,972,430. ON THE ASSET SIDE, 78,377 OF OUR MEMBERS HOLD CONSUMER LOANS THAT INCLUDE VEHICLE, STUDENT, MORTGAGE, AND VISA LOANS. CONSUMER LOANS THAT INCLUDE VEHICLE SECURED LOANS TOTAL $580,298,377. REAL ESTATE SECURED LOANS TOTAL $909,307,871. THE LOAN PORTFOLIO TOTAL $1,652,653,479. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 19846 0 1 525 1 1 1 0 0 0 0 0 1 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X TROY GARRY 2535977603 1331 BROADWAY PLAZA TACOMA WA 98401 BARRY WALLIS DIRECTOR 1.00 X 20000 0 0 KEITH MOCK DIRECTOR 1.00 X 18500 0 0 ALTAF MERCHANT DIRECTOR 1.00 X 15000 0 0 JAMES GRIGGS DIRECTOR 1.00 X 20000 0 0 BRENDA GOODSON-MOORE DIRECTOR 1.00 X 12500 0 0 HALUK DEMIRKAN DIRECTOR 1.00 X 20000 0 0 JOHN BAUDER SECRETARY/TREASURER 1.00 X X 20000 0 0 SHELLEY COLEMAN VICE CHAIR 1.00 X X 20000 0 0 DAVID WASSON BOARD CHAIR 1.00 X X 25000 0 0 DONALD CLARK JR PRESDIENT/CEO 40.00 X 1401973 0 582133 TROY GARRY EVP/CHIEF FINANCIAL OFFICER 40.00 X 401848 0 43595 WENDY CLEVELAND EVP/CHIEF OPERATIONS OFFICER 40.00 X 381719 0 41579 NANCY STERNITZKY SVP/CHIEF INFORMATION OFFICER 40.00 X 271113 0 46536 CHARLENE HENSON SVP/CHIEF RETAIL OFFICER 40.00 X 242280 0 28391 KIMBERLY MAPES SVP/CHIEF EMPLOYEE ENGAGEMENT OFFICER 40.00 X 247150 0 34891 LYMAN WILLIAMS SVP/CHIEF LENDING OFFICER 40.00 X 290908 0 43595 ROBYN LACHANCE EVP/CHIEF STRATEGY OFFICER 40.00 X 311392 0 28391 J BULLOCK MORTGAGE LOAN OFFICER 40.00 X 218322 0 24173 RYAN HORAN BUSINESS LOAN OFFICER MANAGER 40.00 X 247543 0 35079 KASEY BROOKS WINKLER BUSINESS LOAN OFFICER 40.00 X 267842 0 32192 RYAN ZILKER SVP/CHIEF MARKETING OFFICER 40.00 X 205732 0 37739 SHELLEY COX MORTGAGE LOAN OFFICER 40.00 X 209087 0 29799 4867909 0 1008093 52 0 1 0 MOMENTUM INC 109 BELL ST STE B SEATTLE WA 98121 ARCHITECTURAL/CONTRACTING SERVICES 2378854 JE CUMMING CORP 8102 BRACKEN PL SE SNOQUALMIE WA 98065 ARCHITECTURAL/CONTRACTING SERVICES 2004059 NCR CORPORATION 14181 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 DIGITAL BANKING SERVICES 1632504 MEDIA PLUS PO BOX 46789 SEATTLE WA 98146 MEDIA/COMMUNICATIONS 1239924 SOFTCHOICE 16609 COLLECTIONS CENTER DR CHICAGO IL 60693 TECHNOLOGY 880325 59 LOAN INTEREST INCOME 522291 69964507 69964507 INTERCHANGE 522299 13285898 13285898 FEES AND CHARGES 522100 9103818 8937102 166716 LOAN ORIGINATION INCOM 518210 5950659 5950659 FINANCIAL SERVICES 522100 648551 499384 149167 3073890 2950518 123372 102027323 2869707 -202886 3072593 441120 532085 -90965 -90965 -90965 4718357 3912847 805510 805510 805510 105611575 101588068 236369 3787138 212500 7000 4568495 24356191 2348037 3107256 2420670 45772 110777 432757 2557435 226150 6621326 2512509 2356610 198168 229264 4841150 3292554 LOAN SERVICING 7586234 BANK FEES 5618224 PROVISION FOR LOAN LOSS 3339495 MP AMORTIZATION OF CDI 3034694 951106 80974374 30606080 45774408 355851678 412587262 26638797 12241734 11309656 11325808 1534069778 1640378581 2343256 3193762 86361398 28313932 52154640 58047466 154440179 311656930 4687309 6514384 20823316 18601244 26114940 28763032 2219039629 2549084611 28330684 28541010 2609403 2930837 1706990 1644490 1943378113 2251469719 1976025190 2284586056 X 0 0 0 0 243014439 264498555 243014439 264498555 2219039629 2549084611 24637201 -3153085 0 X 0 1 X 1 0 10000 0 0 10000 10000 1 CREDIT UNION LEGISLATIVE ACTION FUND 18000 INTERNATIONAL BLVD STE 350 SEATAC WA 98188 800043051 10000 PART I-A, LINE 1: THE CREDIT UNION CONTRIBUTED TO A POLITICAL ACTION COMMITTEE WHOSE FUNDS ARE USED TO MAKE CONTRIBUTIONS TO SUPPORT THE ELECTION OF CREDIT UNION-FRIENDLY CANDIDATES FOR STATEWIDE OFFICE AND STATE LEGISLATURE. 0 1 X 19278407 19278407 46492131 15268911 31223220 3199712 1792701 1407011 17391148 11252320 6138828 58047466 MEMBER SHARES 2251469719 2251469719 X PART IV, LINE 2B: THE CREDIT UNION HOLDS ESCROWED FUNDS FOR THE PAYMENT OF PROPERTY TAXES AND INSURANCE PREMIUMS AS A SERVICE FOR MEMBERS WHO HAVE MORTGAGES WITH THE CREDIT UNION. A THIRD-PARTY MORTGAGE SERVICE PROVIDER HANDLES THE ESCROW PROCESSING ON BEHALF OF THE CREDIT UNION. PART X, LINE 2: THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DESCRIBED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES THAT ARE IN FURTHERANCE OF ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (AS DEFINED IN SECTION 512) DERIVED BY STATE-CHARTERED CREDIT UNIONS. THE SPECIFIC APPLICATION OF SECTION 512 TO THE VARIOUS ACTIVITIES CONDUCTED BY STATE-CHARTERED CREDIT UNIONS HAS BEEN AT ISSUE FOR MANY YEARS. THE INTERNAL REVENUE SERVICE (IRS) HAS ISSUED A SERIES OF TECHNICAL ADVICE MEMORANDA (TAM) TO A NUMBER OF STATE-CHARTERED CREDIT UNIONS LOCATED THROUGHOUT THE COUNTRY. IN THESE TAMS, THE IRS RULED CERTAIN PRODUCTS AND SERVICES TO BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN LIGHT OF THE TAMS, THE CREDIT UNION HAS ASSESSED ITS ACTIVITIES AND ANY POTENTIAL FEDERAL INCOME TAX LIABILITY. IN THE OPINION OF MANAGEMENT, ANY LIABILITY ARISING FROM FEDERAL OR STATE TAXATION OF ACTIVITIES DEEMED TO BE UNRELATED TO ITS EXEMPT PURPOSES IS NOT EXPECTED TO HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. ACCOUNTING PRINCIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREDIT UNION ADOPTED THE PROVISIONS OUTLINED IN THIS GUIDANCE ON JANUARY 1, 2009. THE CREDIT UNION HAD NO UNRECOGNIZED TAX POSITIONS AT DECEMBER 31, 2021 OR 2020. IF ASSESSED, THE CREDIT UNION RECOGNIZES PENALTIES AND INTEREST ASSOCIATED WITH TAX MATTERS AS PART OF OPERATING EXPENSES. 1 FOOD LIFELINE 815 S 96TH ST SEATTLE WA 98108 911090450 501 (C)(3) 35000 0 GENERAL SUPPORT MILGARD SCHOOL OF BUSINESS (UNIVERSITY OF WA FOUNDATION) 1900 COMMERCE ST BOX 358420 TACOMA WA 98402 943079432 501 (C)(3) 26500 0 GENERAL SUPPORT NORTHWEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BLVD SUITE 350 SEATAC WA 98188 911649328 501 (C)(6) 25000 0 CU4KIDS BUSINESS IMPACT NW 1437 S JACKSON ST SEATTLE WA 98144 911764008 501 (C)(3) 20000 0 SPONSORSHIP UNITED WAY OF PIERCE COUNTY 1501 PACIFIC AVENUE SUITE 400 TACOMA WA 98402 910650669 501 (C)(3) 20850 0 GENERAL SUPPORT SOUTH SOUND TOGETHER CO GREATER TACOMA COMMUNITY FOUNDATION 950 PACIFIC AVE STE 1100 TACOMA WA 98466 911007459 501 (C)(3) 12000 0 SPONSORSHIP YMCA 4717 S 19TH ST STE 201 TACOMA WA 98405 910565562 501 (C)(3) 11648 0 SPONSORSHIP BOYS & GIRLS CLUB OF SOUTH PUGET SOUND 3875 S 66TH ST SUITE 101 TACOMA WA 98409 911597689 501 (C)(3) 8040 0 DONATION & SPONSORSHIP SEATTLE PRIDE 625 1ST AVE SUITE 200 SEATTLE WA 98104 203784927 501 (C)(4) 7500 0 SPONSORSHIP ECONOMIC DEVELOPMENT BOARD FOR TACOMA-PIERCE COUNTY PO BOX 1555 TACOMA WA 98401 911040355 501 (C)(6) 5500 0 SPONSORSHIP TACOMA PIERCE COUNTY HABITAT FOR HUMANITY 4824 SOUTH TACOMA WAY TACOMA WA 98409 581735531 501 (C)(3) 5303 0 SPONSORSHIP FRIENDS OF THE CHILDREN 7302 S PARK AVE TACOMA WA 98408 843340283 501 (C)(3) 5159 0 GENERAL SUPPORT 9 3 HIGH SCHOOL SCHOLARSHIPS 1 7000 PART I, LINE 2: THE DONATION AND SPONSORSHIP COMMITTEE MEETS APPROXIMATELY EVERY 45-60 DAYS TO REVIEW EACH REQUEST THAT IS SUBMITTED. AS THE REQUESTS ARE REVIEWED, THE ORGANIZATION DETERMINES THE FOLLOWING INFORMATION: WHO IS THE ORGANIZATION AND WHAT DO THEY DO? WHAT ARE THEY TRYING TO ACHIEVE WITH THEIR REQUEST? WHAT IS THEIR PURPOSE, AND DOES IT ALIGN WITH SOUND'S PUBLIC RESPONSIBILITY BELIEFS? IS THE SUPPORTING ORGANIZATION GOOD FOR THE LOCAL COMMUNITY, SOUND'S MEMBERSHIP, AND SOUND CREDIT UNION AS A WHOLE? WHERE ARE THEY LOCATED AND WHAT IS THEIR AREA OF FOCUS? HAS THE ORGANIZATION SUPPORTED THE CAUSE IN THE PAST? DOES THE DOLLAR AMOUNT REQUESTED FIT INTO THE BUDGET? WHEN APPROVED, THE ORGANIZATION WORKS WITH THE REQUESTING ORGANIZATION TO DISCUSS NEXT STEPS, INCLUDING PAYMENT, LOGO PLACEMENT, AND SOCIAL MEDIA. ONCE SCHOLARSHIP APPLICATIONS ARE SUBMITTED EACH COMMITTEE MEMBER SCORES THE APPLICATIONS. THOSE SCORES ARE THEN AVERAGED. THE COMMITTEE MEETS TO DISCUSS ALL APPLICATIONS AND DETERMINE THE TOP APPLICANTS THEY FEEL SHOULD BE SELECTED TO RECEIVE THE AWARDS. APPLICANTS PROVIDE THEIR SCHOOL'S INFORMATION AND SCHOLARSHIP CHECKS ARE MAILED DIRECTLY TO THE SCHOOL'S FINANCIAL AID OFFICE. PAYMENTS COME DIRECTLY FROM SOUND CREDIT UNION. X X 1 0 X X X 0 1 0 DONALD CLARK JR PRESDIENT/CEO 667104 0 233486 0 501383 0 558038 0 24095 0 1984106 0 0 0 TROY GARRY EVP/CHIEF FINANCIAL OFFICER 277830 0 69957 0 54061 0 19500 0 24095 0 445443 0 0 0 WENDY CLEVELAND EVP/CHIEF OPERATIONS OFFICER 277830 0 69957 0 33932 0 26000 0 15579 0 423298 0 0 0 ROBYN LACHANCE EVP/CHIEF STRATEGY OFFICER 219949 0 55487 0 35956 0 19500 0 8891 0 339783 0 0 0 LYMAN WILLIAMS SVP/CHIEF LENDING OFFICER 226013 0 57003 0 7892 0 19500 0 24095 0 334503 0 0 0 NANCY STERNITZKY SVP/CHIEF INFORMATION OFFICER 210000 0 53000 0 8113 0 22441 0 24095 0 317649 0 0 0 KASEY BROOKS WINKLER BUSINESS LOAN OFFICER 266342 0 1500 0 0 0 19500 0 12692 0 300034 0 0 0 RYAN HORAN BUSINESS LOAN OFFICER MANAGER 246043 0 1500 0 0 0 19500 0 15579 0 282622 0 0 0 KIMBERLY MAPES SVP/CHIEF EMPLOYEE ENGAGEMENT OFFICE 192937 0 48734 0 5479 0 26000 0 8891 0 282041 0 0 0 CHARLENE HENSON SVP/CHIEF RETAIL OFFICER 192276 0 48569 0 1435 0 19500 0 8891 0 270671 0 0 0 RYAN ZILKER SVP/CHIEF MARKETING OFFICER 159862 0 40465 0 5405 0 19500 0 18239 0 243471 0 0 0 J BULLOCK MORTGAGE LOAN OFFICER 216822 0 1500 0 0 0 15282 0 8891 0 242495 0 0 0 SHELLEY COX MORTGAGE LOAN OFFICER 207587 0 1500 0 0 0 20908 0 8891 0 238886 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL: FIRST CLASS TRAVEL IS PROVIDED FOR BOARD OF DIRECTORS MEMBERS FOR FLIGHTS OVER A CERTAIN AMOUNT OF HOURS. TRAVEL FOR COMPANIONS: INCLUDES SPOUSAL TRAVEL FOR BOARD OF DIRECTORS MEMBERS, ALL OF WHICH IS TAXABLE COMPENSATION. PART I, LINE 4B THE CREDIT UNION HAS ENTERED INTO TWO 457(F) SUPPLEMENTAL RETIREMENT BENEFIT AGREEMENTS WITH DON CLARK JR. IN 2021, UNDER ONE 457(F) PLAN, DON CLARK RECEIVED A PAYOUT OF $400,000 AND $20,000 WAS REPORTED AS DEFERRED COMPENSATION ON PART II, COLUMN C. IN 2021, UNDER THE SECOND 457(F) PLAN, $512,388 WAS REPORTED AS DEFERRED COMPENSATION ON PART II, COLUMN C AND NO AMOUNT WAS PAID OUT. IN 2021, TROY GARRY, WENDY CLEVELAND, KIMBERLY MAPES, LYMAN WILLIAMS, ROBYN LACHANCE, AND CHARLENE HENSON PARTICIPATED IN A SPLIT DOLLAR LOAN PLAN. CHARLENE HENSON SVP/CHIEF RETAIL OFFICER NON-RECOURSE, SPLIT DOLLAR LOAN X 1250000 1259394 0 1 1 KIMBERLY MAPES SVP/CHIEF EMPLOYEE ENGAGEMENT OFFICER NON-RECOURSE, SPLIT DOLLAR LOAN X 2050000 2065609 0 1 1 LYMAN WILLIAMS SVP/CHIEF LENDING OFFICER NON-RECOURSE, SPLIT DOLLAR LOAN X 1500000 1511336 0 1 1 ROBYN LACHANCE EVP/CHIEF STRATEGY OFFICER NON-RECOURSE, SPLIT DOLLAR LOAN X 2160000 2105992 0 1 1 TROY GARRY EVP/CHIEF FINANCIAL OFFICER NON-RECOURSE, SPLIT DOLLAR LOAN X 2200000 2216775 0 1 1 WENDY CLEVELAND EVP/CHIEF OPERATIONS OFFICER NON-RECOURSE, SPLIT DOLLAR LOAN X 2150000 2166702 0 1 1 11325808 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS 151,960 MEMBERS AS OF DECEMBER 31, 2021. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION'S MEMBERS HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL ANNUALLY. ADDITIONALLY, MEMBERS VOTE ON ITEMS BROUGHT THROUGH A SPECIAL MEETING OF MEMBERS, SUCH AS MERGERS AND REMOVAL OF OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS WHO REVIEW THE FORM AND APPLICABLE SCHEDULES PRIOR TO THE RETURN'S FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES SIGN A STATEMENT REQUIRING THAT THEY MUST DISCLOSE TO THE PRESIDENT & CEO ANY ACTUAL, POTENTIAL, OR PERCEIVED CONFLICTS OF INTEREST BEFORE BEING HIRED. DIRECTORS AND VOLUNTEERS SIGN A "CODE OF ETHICS ACKNOWLEDGEMENT" THAT STATES THEY WILL NOT BE INVOLVED IN SITUATIONS THAT RESULT IN OR COULD BE PERCEIVED TO BE A CONFLICT OF INTEREST. THEY MUST ALSO EXCUSE THEMSELVES FROM ANY DISCUSSIONS OR PARTICIPATION IN DECISIONS INVOLVING INSTANCES IN WHICH A CONFLICT OF INTEREST EXISTS OR MAY EXIST. THE POLICY MANUAL HAS THREE SECTIONS IN WHICH CONFLICTS OF INTEREST ARE STATED AND THE BOARD APPROVES THE POLICY MANUAL ON AN ANNUAL BASIS. BOTH THE CEO & EVP MONITOR ALL STAFF AND VOLUNTEER ACCOUNTS. IN ADDITION, DURING OUR CERTIFIED AUDIT, ALL STAFF AND VOLUNTEER ACCOUNTS, OR A SAMPLING, ARE REVIEWED FOR POTENTIAL CONFLICTS OF INTEREST. NO DIRECTOR, COMMITTEE MEMBER, OR EMPLOYEE OF THE CREDIT UNION MAY HAVE A PECUNIARY INTEREST IN ANY CONTRACT OR TRANSACTION WITH THE CREDIT UNION UNLESS THIS INTEREST IS DISCLOSED AND MADE KNOWN TO THE BOARD OF DIRECTORS. NO DIRECTOR OR COMMITTEE MEMBER OF THE CREDIT UNION WILL PARTICIPATE IN THE DELIBERATION OF ANY QUESTION AFFECTING THEIR OWN PECUNIARY INTEREST. SUCH DIRECTOR OR COMMITTEE MEMBER WILL WITHDRAW FROM THE DELIBERATION AND DECISION UPON SUCH INTEREST. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A, COMPENSATION PROCESS FOR TOP OFFICIAL: THE EMPLOYEE BENEFITS COMMITTEE, WHICH IS COMPRISED OF 3 BOARD MEMBERS, REVIEWS LOCAL SURVEYS, INCLUDING THE ANNUAL MILLIMAN NORTHWEST FINANCIAL INDUSTRY SALARY SURVEY TO DEVELOP A RECOMMENDATION FOR THE BOARD. THE BOARD REVIEWS THE COMMITTEE'S RECOMMENDATION AND APPROVES THE CEO'S COMPENSATION. THE BOARD DELIBERATION AND DECISION IS CONTEMPORANEOUSLY SUBSTANTIATED IN THE BOARD MINUTES. THIS PROCESS WAS LAST DONE IN 2019 IN DETERMINING THE CEO'S COMPENSATION FOR EACH YEAR THROUGH 2024. LINE 15B, COMPENSATION PROCESS FOR OFFICERS: OTHER OFFICER AND KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE CEO AND CONTEMPORANEOUSLY DOCUMENTED, BASED ON A REVIEW OF LOCAL SALARY SURVEY INFORMATION, AND BECOMES A PART OF THE COMPENSATION RECOMMENDATION DURING THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S BYLAWS, ARTICLES OF INCORPORATION, FIELD OF MEMBERSHIP (CHARTER), CONSUMER/BUSINESS MEMBERSHIP AGREEMENTS, FINANCIAL STATEMENTS AND ANNUAL REPORT, THAT MEMBERS HAVE THE RIGHT TO VIEW, ARE AVAILABLE UPON REQUEST. THE REQUEST MUST BE IN WRITTEN FORM. THE CREDIT UNION RELEASES DOCUMENTS TO THE PUBLIC IN ACCORDANCE WITH RULES AND REGULATIONS AS APPLICABLE. SOUND FINANCIAL GROUP INC PO BOX 1595 TACOMA WA 98401 911263213 INSURANCE WA SOUND CREDIT UNION C -50854 570192 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0