2022-11-10T11:46:43-06:00 2021-12-31 390758449 WIPFLI LLP PO BOX 8010 WAUSAU WI 544028010 990 2021-01-01 390738415 FOX COMMUNITIES CREDIT UNION FOXC 9209933753 3401 EAST CALUMET STREET APPLETON WI 54915 NIKOLA B SCHAUMBERG CFO 9209933753 2022-11-10 1 NIKOLA SCHAUMBERG 999009999 MARY A COATES CPA P00134220 7158453111 2022-11-08 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z CHRIS ALLEN 3401 EAST CALUMET STREET APPLETON WI 54915 94368583 0 2157 X WWW.FOXCU.ORG X 1937 WI WE PARTNER WITH OUR MEMBERS, COMMUNITIES, AND FOX FAMILY TO BUILD STRONGER FINANCIAL FUTURES. 9 9 571 9 313994 0 0 0 81207407 87325894 7833749 6276615 0 1146422 89041156 94748931 0 0 0 0 27749452 30763233 0 0 0 46083993 38366817 73833445 69130050 15207711 25618881 2185447723 2452637306 1952464922 2203601504 232982801 249035802 X WE AT FOX COMMUNITIES CREDIT UNION HAVE A COMMITMENT TO ENRICH THE QUALITY OF LIFE FOR OUR MEMBERS THROUGH PERSONALIZED FINANCIAL SERVICES THROUGHOUT THEIR ENTIRE LIFE CYCLE. THE CREDIT UNION IS DEDICATED TO THE PROTECTION OF OUR MEMBERS' FINANCIAL WELL-BEING AND TO OPERATE IN AN ECONOMICALLY SOUND MANNER. THE CREDIT UNION WILL PROVIDE AN ATMOSPHERE OF PROFESSIONALISM, FRIENDLINESS, AND MUTUAL TRUST. WE SHALL REMAIN STRONG IN OUR INVOLVEMENT AND SUPPORT OF OUR COMMUNITY'S ACTIVITIES. 0 0 WE OFFER LOANS FOR PURCHASES OF RESIDENTIAL REAL ESTATE, CREDIT CARDS, AUTOMOBILES AND OTHER CONSUMER PURPOSES TO OUR INDIVIDUAL MEMBERS, AND OUR SMALL BUSINESS MEMBERS. AS OF 12/31/2021 WE HAD $862 MILLION OUTSTANDING IN RESIDENTIAL REAL ESTATE AND HOME EQUITY LOANS, $433 MILLION OUTSTANDING IN CONSUMER LOANS, AND $514 MILLION OUTSTANDING IN MEMBER BUSINESS LOANS. WE OFFER DEPOSIT PRODUCTS TO INDIVIDUAL MEMBERS AS WELL AS BUSINESS MEMBERS THAT QUALIFY IN OUR FIELD OF MEMBERSHIP. 0 0 0 0 0 0 0 1 0 1 0 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 1 1 0 0 1 55626 0 1 571 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X NIKI SCHAUMBERG 9209933753 3401 EAST CALUMET STREET APPLETON WI 54915 RICHARD SCOTT CHAIR 1.00 X X 11100 0 0 JAMES RICHARDSON VICE CHAIRPERSON 1.00 X X 6000 0 0 CAMILLE KEMNITZ-ZIZZO TREASURER 1.00 X X 7700 0 0 JOANNE BOGENSCHUTZ SECRETARY 1.00 X X 9000 0 0 MARTY DOCTER DIRECTOR 1.00 X 8700 0 0 KRISTA DRAHEIM DIRECTOR 1.00 X 7700 0 0 JESSICA FLEEK DIRECTOR 1.00 X 7700 0 0 WILLIAM PANELLA DIRECTOR 1.00 X 8000 0 0 MICAHEL VOELKER DIRECTOR 1.00 X 7700 0 0 CHRISTOPHER ALLEN PRESIDENT/CEO 40.00 X 429292 0 33408 KORY KITOWSKI CIO 40.00 X 206270 0 23030 NANCY KRAHN CHIEF RETAIL OFFICER 40.00 X 212144 0 19324 THERESA GREEN VP HR 40.00 X 146058 0 19281 DAVID THONE SVP MEMBER SOLUTIONS 40.00 X 130730 0 34589 ADAM LANDSVERK CLO 40.00 X 224273 0 39536 NIKI SCHAUMBERG CFO 40.00 X 206870 0 43567 KRISTINE HACKBARTH-HORN CHIEF PEOPLE OFFICER 40.00 X 102170 0 20089 CATHY HARVATH VP MARKETING 40.00 X 135249 0 30560 JENEFER KIND VP DEPOSIT OPERATIONS 40.00 X 128129 0 13060 MITCHELL MUSIAL GENERAL COUNSEL 40.00 X 198471 0 36685 DAWN DOBERSTEIN COMMERCIAL LENDER 40.00 X 193407 0 19898 MAUREEN BARTLEY VICE PRESIDENT 40.00 X 154024 0 29034 SCOTT YUKEL COMMERCIAL LENDER 40.00 X 177477 0 34664 CHRISTOPHER CUMICEK COMMERCIAL LENDER 40.00 X 159944 0 34301 GARY BRUM COMMERCIAL LENDER 40.00 X 167063 0 17801 3045171 0 448827 16 0 1 0 BUSINESS LENDING GROUP 2350 N CASALOMA DRIVE SUITE 100 APPLETON WI 54913 UNDERWRITING SERVICES 1695981 Q2 SOFTWARE INC 13785 RESEARCH BLVD SUITE 150 AUSTIN TX 78750 SOFTWARE HOSTING SERVICES 1045330 SAGE DIRECT 3400 RALEIGH DRIVE SE GRAND RAPIDS MI 49512 STATEMENT PROCESSING 646551 ACCENTURE LLC MORTGAGE CADENCE 161 N CLARK ST CHICAGO IL 606013206 SOFTWARE SERVICES 605444 VAN VREEDE 2425 W PACKARD STREET APPLETON WI 54914 MARKETING SERVICES 499545 36 INTEREST ON LOANS 522100 64092307 64092307 FEE INCOME 522100 23233587 22919593 313994 87325894 5896267 5896267 804184 0 804184 804184 804184 -285814 -94534 285814 94534 380348 380348 BAD DEBT RECOVERIES 522100 342238 342238 342238 94748931 87011900 313994 7423037 2506388 21363404 1015355 4134012 1744074 108345 248974 759355 2721541 1823901 4554409 2225174 157755 339931 3729701 2309837 456598 DIVIDENDS ON MEMBER SHA 8374445 LOAN SERVICING EXPENSE 5678247 ATM EXPENSES 321384 DUES & SUBSCRIPTIONS 208939 4348281 69130050 17570461 11243275 52425138 115960710 3910821 3821733 1645788621 1802348515 4081963 5353825 53496696 14891326 24508100 38605370 367896153 397430417 22338348 30508728 260624 76928 46667494 47287805 2185447723 2452637306 32439495 27385736 1387349 1357519 180524581 180525279 1738113497 1994332970 1952464922 2203601504 X 0 0 0 0 232982801 249035802 232982801 249035802 2185447723 2452637306 X 25618881 -9565881 1 X 0 0 0 0 1 X 10638905 10638905 31764702 8765880 22998822 8084349 5733365 2350984 3008740 392081 2616659 38605370 MEMBER SHARES AND DEPOSITS 1994332970 1994332970 PART IV, LINE 2B: THE CREDIT UNION HOLDS ESCROW ACCOUNTS RELATED TO MORTGAGES (PROPERTY TAXES AND INSURANCE) AND LOAN CLOSINGS ON BEHALF OF ITS MEMBERS. X X X X 0 0 0 CHRISTOPHER ALLEN PRESIDENT/CEO 338992 0 90000 0 300 0 16955 0 16453 0 462700 0 0 0 ADAM LANDSVERK CLO 193823 0 30000 0 450 0 12508 0 27028 0 263809 0 0 0 NIKI SCHAUMBERG CFO 187420 0 19000 0 450 0 12167 0 31400 0 250437 0 0 0 MITCHELL MUSIAL GENERAL COUNSEL 185021 0 13000 0 450 0 10160 0 26525 0 235156 0 0 0 NANCY KRAHN CHIEF RETAIL OFFICER 190164 0 20000 0 1980 0 7305 0 12019 0 231468 0 0 0 KORY KITOWSKI CIO 190570 0 15400 0 300 0 12011 0 11019 0 229300 0 0 0 DAWN DOBERSTEIN COMMERCIAL LENDER 137175 0 54370 0 1862 0 7879 0 12019 0 213305 0 0 0 SCOTT YUKEL COMMERCIAL LENDER 131102 0 45167 0 1208 0 9400 0 25264 0 212141 0 0 0 CHRISTOPHER CUMICEK COMMERCIAL LENDER 129483 0 30057 0 404 0 6476 0 27825 0 194245 0 0 0 GARY BRUM COMMERCIAL LENDER 135228 0 30000 0 1835 0 5782 0 12019 0 184864 0 0 0 MAUREEN BARTLEY VICE PRESIDENT 62254 0 91770 0 0 0 7209 0 21825 0 183058 0 0 0 CATHY HARVATH VP MARKETING 124509 0 9000 0 1740 0 5296 0 25264 0 165809 0 0 0 THERESA GREEN VP HR 132141 0 13300 0 617 0 8262 0 11019 0 165339 0 0 0 DAVID THONE SVP MEMBER SOLUTIONS 120166 0 10000 0 564 0 5464 0 29125 0 165319 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION CONSISTS OF MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE/SAVINGS ACCOUNT. EACH MEMBER HAS ONE VOTE TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS). FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP UTILIZING THEIR ONE VOTE PER MEMBER. 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 A REGULATORY AGENCY (I.E., NCUA, WISCONSIN OFFICE OF CREDIT UNIONS). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE PRESIDENT/CEO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C NO DIRECTOR, OFFICER, COMMITTEE MEMBER, AGENT OR EMPLOYEE OF THIS CREDIT UNION SHALL IN ANY MANNER, DIRECTLY OR INDIRECTLY, PARTICIPATE IN THE DELIBERATION UPON OR THE DETERMINATION OF ANY QUESTION AFFECTING HIS OR HER PECUNIARY OR PERSONAL INTEREST OR THE PECUNIARY INTEREST OF ANY ORGANIZATION OR ASSOCIATION IN WHICH THE PERSON IS DIRECTLY OR INDIRECTLY INTERESTED. IN THE EVENT OF DISQUALIFICATION OF ANY DIRECTOR OR MEMBER OF THE CREDIT COMMITTEE RESPECTING ANY MATTER PRESENTED TO THE BOARD OR CREDIT COMMITTEE FOR DELIBERATION OR DETERMINATION, SUCH DIRECTOR OR COMMITTEE MEMBER SHALL WITHDRAW FROM THE DELIBERATION OR DETERMINATION. IF A DIRECTOR OR CREDIT COMMITTEE MEMBER WITHDRAWS FROM ANY DELIBERATION OR DETERMINATION, THE REMAINING QUALIFIED DIRECTORS OR CREDIT COMMITTEE MEMBERS PRESENT AT THE MEETING MAY EXERCISE ALL POWERS OF THE BOARD OR CREDIT COMMITTEE, PROVIDED THE NUMBER OF DIRECTORS OR CREDIT COMMITTEE MEMBERS PRESENT, INCLUDING THE DISQUALIFIED DIRECTORS OR MEMBERS, CONSTITUTES A QUORUM. ALL INTERESTED PERSONS MUCH COMPLETE, SIGN AND RETURN IMMEDIATELY FOLLOWING THE ANNUAL ORGANIZATION MEETING OF THE CREDIT UNION'S BOARD OF DIRECTORS, A "CONFLICT OF INTEREST STATEMENT" WHICH DISCLOSES ANY RELATIONSHIP THAT MIGHT CONSTITUTE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FOR OTHER OFFICERS THE ORGANIZATION USES A THIRD PARTY TO CONDUCT A MARKET ANALYSIS OF ALL THE POSITIONS AT THE CREDIT UNION. THE ORGANIZATION ALSO REGULARLY REFERS TO THE CUES COMPENSATION INFORMATION AND THE CUNA WAGE SURVEY AVAILABLE THROUGH THEIR MEMBERSHIP TO THESE ORGANIZATIONS. FOR THE MOST RECENT OFFICER HIRES THE ORGANIZATION USES RECRUITING FIRMS THAT WERE ENGAGED TO FIND OFFICERS FOR THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS 1. BENEFIT SERVICES INC 3401 E CALUMET STREET APPLETON WI 54915 391657363 INSURANCE SALES WI FOX COMMUNITIES CREDIT UNION C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0