2021-11-09T13:49:54-06:00 2020-12-31 382492570 DOEREN MAYHEW 12060 SW 129TH COURT SUITE 201 MIAMI FL 33186 990 2020-01-01 750992590 TEXANS CREDIT UNION TEXA 9723482000 777 EAST CAMPBELL RD RICHARDSON TX 75081 BENJAMIN HART CFO 9723482000 2021-11-08 1 BENJAMIN HART XXX-XX-XXXX DOUGLAS J ORTH P01076394 3052328272 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z DAVID FRAZIER 777 EAST CAMPBELL RD RICHARDSON TX 75081 81839482 0 X WWW.TEXANSCU.ORG X 1953 TX TEXANS CREDIT UNION IS A STATE CHARTERED CREDIT UNION FORMED UNDER THE STATE CREDIT UNION LAW. THE CREDIT UNION IS A MEMBER-OWNED COOPERATIVE THAT PROVIDES TRADITIONAL DEPOSIT AND LOAN PRODUCTS, AS WELL AS OTHER FINANCIAL SERVICES TO THE MEMBERSHIP. THE CREDIT UNION'S FOCUS IS TO MAKE OUR MEMBER'S LIVES BETTER WHILE SERVING OUR COMMUNITIES. 5 5 319 5 312110 0 0 0 49131511 45108185 12460993 7690584 0 0 61592504 52798769 0 0 0 0 16553127 16934227 0 0 0 19796070 20195674 36349197 37129901 25243307 15668868 1606022803 1881983731 1468954127 1721847127 137068676 160136604 X TEXANS CREDIT UNION IS A STATE CHARTERED CREDIT UNION FORMED UNDER THE STATE CREDIT UNION LAW. THE CREDIT UNION IS A MEMBER-OWNED COOPERATIVE THAT PROVIDES TRADITIONAL DEPOSIT AND LOAN PRODUCTS, AS WELL AS OTHER FINANCIAL SERVICES TO THE MEMBERSHIP. THE CREDIT UNION'S FOCUS IS TO IMPROVE THE ECONOMIC WELL-BEING OF OUR MEMBER OWNERS. 0 0 LOANS: THE CREDIT UNION PROVIDES LOANS OF ALL TYPES IN MANY DIFFERENT CATEGORIES. THE OFFERINGS INCLUDE CONSUMER AUTOMOBILE LOANS, UNSECURED LOANS, RESIDENTIAL MORTGAGE LOANS, HOME EQUITY AND HOME IMPROVEMENT LOANS. AS PART OF THE LOAN PROGRAM THE CREDIT UNION ALSO OFFERS SEVERAL LOAN RELATED INSURANCE PRODUCTS SUCH AS CREDIT LIFE AND DISABILITY, MECHANICAL BREAKDOWN AND GAP INSURANCE. SHARES SAVINGS AND CERTIFICATES OF DEPOSITS: THE CREDIT UNION OFFERS A NUMBER OF SHARE SAVINGS ACCOUNTS, MONEY MARKET SAVINGS, AND IRA SAVINGS ACCOUNTS. THESE ACCOUNTS PAY DIVIDENDS MONTHLY. OTHER TYPES OF DEPOSIT SAVINGS OFFERINGS INCLUDES CERTIFICATES OF DEPOSIT, BOTH REGULAR MEMBER CERTIFICATES AND IRA CERTIFICATES. THE CERTIFICATES PAY INTEREST ON A MONTHLY BASIS. CHECKING ACCOUNTS: THE CREDIT UNION OFFERS TWO CHECKING ACCOUNT PRODUCTS. ONE ACCOUNT HAS SIMPLE WAYS TO WAIVE THE MONTHLY SERVICE CHARGE, THE OTHER OFFERS DIVIDENDS TO THOSE MEMBERS WITH HIGHER BALANCES. BOTH PRODUCTS HAVE FEATURES THAT INCLUDE FREE E-SERVICES AND ACCESS TO THOUSANDS OF ATMS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 15414 0 1 319 1 1 1 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X TRACY MONTEZ 9723482391 777 EAST CAMPBELL RD RICHARDSON TX 75084 JURGEN ARTS BOARD MEMBER 1.00 X 0 0 0 THOMAS BOEDECKER BOARD MEMBER 1.00 X 0 0 0 LEE FAWCETT BOARD MEMBER 1.00 X 0 0 0 ESTELLA MARTINEZ BOARD MEMBER 1.00 X 0 0 0 GEORGE CONSOLVER BOARD MEMBER 1.00 X 0 0 0 DAVID FRAZIER CHIEF EXECUTIVE OFFICER 40.00 X 524636 0 22098 STEVE ERP CHIEF LENDING OFFICER 40.00 X 254569 0 15969 MICHAEL MCWETHY CHIEF EXPERIENCE OFFICER 40.00 X 146180 0 8964 BENJAMIN HART CHIEF FINANCIAL OFFICER 40.00 X 91354 0 7839 JENNIFER SHORT CHIEF PEOPLE OFFICER 40.00 X 153513 0 14360 MARTIN CAPLINGER DIRECTOR OF REAL ESTATE 40.00 X 148235 0 19590 KRISTEN JONES DIRECTOR OF ENT RISK MANAGEMENT 40.00 X 144002 0 18713 TRACY MONTEZ SVP CONTROLLER 40.00 X 148587 0 16831 MATTHEW MOORE SVP RETAIL 40.00 X 146080 0 18699 TANYA PATTERSON SR. DIRECTOR OF IT 40.00 X 187772 0 16906 1944928 0 159969 17 0 1 0 NCR PO BOX 740641 LOS ANGELES CA 900740641 INTERNET HOME BANKING/ATM MAINTENANCE 2362935 FISERV PO BOX 208457 DALLAS TX 453208457 NETWORK EFT 1370265 JACK HENRY & ASSOCIATES PO BOX 609 MONET MO 65708 CORE PROCESSOR 1351479 LANVERA 112 WRANGLER DRIVE SUITE 150 COPPELL TX 75019 STATEMENT PROCESSING 599801 INSIGHT PO BOX 731069 DALLAS TX 753731069 DIGITAL SERVICES 561880 30 INTEREST INCOME LOANS 522100 33147237 33147237 OTHER INCOME 522100 6033564 6033564 FEES AND CHARGES 522100 5615274 5615274 FINANCE & INSURANCE 520000 312110 312110 45108185 7322347 7322347 29408950 29040713 368237 368237 368237 52798769 52486659 312110 0 X 1239482 13142043 -57829 1668193 942338 72000 76304 228759 556404 2178773 2365695 2831807 -343 1885880 70000 1775365 281252 CREDIT/DEBIT EXPENSE 2732000 HOME BANKING 1754000 PROVISION FOR LOAN LOSS 1132441 ATM NETWORK 1041000 1214337 37129901 9552148 9962656 213113951 276921792 919003644 875643220 2100389 1376623 57421374 31332976 25087817 26088398 414646973 636298505 1517190 32222790 21000691 23469747 1606022803 1881983731 15710355 19362815 1453243772 1702484312 1468954127 1721847127 X 0 0 0 0 137068676 160136604 137068676 160136604 1606022803 1881983731 X 15668868 8370610 -971550 X X 0 1 X 1 0 6345992 6345992 24411794 9432072 14979722 3644166 3625676 18490 23019422 18275228 4744194 26088398 MEMBERSHARES 1702484312 1702484312 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. X 1 1 X X X X 0 0 0 DAVID FRAZIER CHIEF EXECUTIVE OFFICER 461294 0 50005 0 13337 0 14250 0 7848 0 546734 0 0 0 STEVE ERP CHIEF LENDING OFFICER 166154 0 30005 0 58410 0 8242 0 7727 0 270538 0 0 0 TANYA PATTERSON SR. DIRECTOR OF IT 183202 0 4570 0 0 0 7649 0 9257 0 204678 0 0 0 JENNIFER SHORT CHIEF PEOPLE OFFICER 132601 0 20912 0 0 0 6598 0 7762 0 167873 0 0 0 MARTIN CAPLINGER DIRECTOR OF REAL ESTATE 144339 0 3896 0 0 0 7716 0 11874 0 167825 0 0 0 TRACY MONTEZ SVP CONTROLLER 136208 0 12379 0 0 0 6934 0 9897 0 165418 0 0 0 MATTHEW MOORE SVP RETAIL 133661 0 12419 0 0 0 6998 0 11701 0 164779 0 0 0 KRISTEN JONES DIRECTOR OF ENT RISK MANAGEMENT 139314 0 3688 0 1000 0 7353 0 11360 0 162715 0 0 0 MICHAEL MCWETHY CHIEF EXPERIENCE OFFICER 114305 0 31875 0 0 0 5769 0 3195 0 155144 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. MEMBERS MUST MEET THE "FIELD OF MEMBERSHIP" REQUIREMENTS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S 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 OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM WILL BE REVIEWED BY THE CEO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE EMPLOYEES OF THE ORGANIZATION ARE REQUIRED TO REVIEW AND ACKNOWLEDGE THE REVIEW OF THE POLICIES WHEN HIRED INTO THE ORGANIZATION AND ANNUALLY. COMMUNICATIONS ARE SENT TO EMPLOYEES NOTIFYING THEM OF ANY CHANGES TO THE POLICY. THE CREDIT UNION ALSO PROVIDES AND ANONYMOUS ELECTRONIC REPORTING SYSTEM WHICH IS MAINTAINED THROUGH HR AND INTERNAL AUDIT. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF PEOPLE OFFICER PROVIDES COMPARATIVE DATA TO THE COMPENSATION COMMITTEE ON AN ANNUAL BASIS. THE COMP COMMITTEE WHICH IS MADE UP OF TWO MEMBERS OF THE BOARD OF DIRECTORS PREVIEW THE INFORMATION ANNUALLY AND DELIVER TO MAKE DETERMINATIONS REGARDING THE PERFORMANCE REVIEW PROCESS AND ANNUAL COMPENSATION CHANGES OF THE CEO. THEY ALSO, WHEN APPLICABLE, WILL PROVIDE OVERSIGHT AND APPROVAL OF ANY CREDIT UNION OFFICERS' BONUS PLAN. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS THAT ARE REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC ARE PROVIDED USING DIFFERENT METHODS. SOME ARE PROVIDED THROUGH POSTING OF SIGNS IN PUBLIC LOCATIONS SUCH AS THE LOBBIES OF BRANCH OFFICES. OTHER GOVERNING DOCUMENTS/NOTICES THAT REQUIRE ANNUAL MAILINGS ARE PROVIDED TO THE MEMBERSHIP AS REQUIRED BY MAIL. THE WEBSITE IS ALSO USED TO PROVIDE CERTAIN REQUIRED DOCUMENTS. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E LOAN SERVICING 632,494. CREDIT/DEBIT FRAUD 256,260. COLLECTIONS 134,216. IMPAIRMENT OF OREO 124,000. MISCELLANEOUS 67,367. FORM 990, PART XI, LINE 9: NET PENSION LOSSES -971,550. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES TO THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. CREDIT UNION LIQUIDATION SERVICES LLC 777 E CAMPBELL RD STE 650 RICHARDSON TX 75081 201118819 WAREHOUSE COMMERCIAL LOANS TX 54 12703317 TEXANS CU TF-GSR LLC 777 E CAMPBELL RD STE 650 RICHARDSON TX 75081 264678354 MANAGE & HOLD REO PROPERTY TX 0 146317 CREDIT UNION LIQUIDITY SERVICES LLC TF-LINCOLN MALL LLC 777 E CAMPBELL RD STE 650 RICHARDSON TX 75081 274356028 MANAGE & HOLD REO PROPERTY IL 1 170726 CREDIT UNION LIQUIDITY SERVICES LLC TEXANS CUSO PARTNERS 020792757 INVESTMENT SERVICES TX TEXANS 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