2021-11-15T17:13:34-06:00 2020-12-31 952302617 SINGERLEWAK LLP 10960 WILSHIRE BOULEVARD 7TH FLOOR LOS ANGELES CA 900243783 990 2020-01-01 840419976 SOOPER CREDIT UNION SOOP 3034275005 5005 W 60TH AVE ARVADA CO 80003 AMANDA KOBZA VP FINANCE 3034275005 2021-11-12 1 AMANDA KOBZA 999009999 LIOR TEMKIN P00748170 3104773924 2021-11-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DANIEL KESTER 5005 W 60TH AVE ARVADA CO 80003 22593126 0 X WWW.SOOPERCU.ORG X 1951 CO TO IMPROVE OUR COMMUNITIES' QUALITY OF LIFE BY ENHANCING OUR MEMBERS' FINANCIAL WELL-BEING. 10 10 119 12 19171 0 0 0 21195848 20723615 1387829 1313312 23540 19171 22607217 22056098 0 0 0 0 7925559 7910237 0 0 0 11342987 11718258 19268546 19628495 3338671 2427603 414152437 477256074 367933042 427950957 46219395 49305117 TO IMPROVE OUR COMMUNITIES' QUALITY OF LIFE BY ENHANCING OUR MEMBERS'FINANCIAL WELL-BEING. 0 0 THE CREDIT UNION IS OWNED BY APPROXIMATELY 35,500 MEMBERS. THE CREDITUNION PROVIDES FINANCIAL SERVICES TO ITS MEMBERS. SOME OF THESESERVICES INCLUDE CONSUMER LENDING, MORTGAGE LENDING, CHECKING ANDSAVINGS ACCOUNTS, AND SHARE CERTIFICATES. THE CREDIT UNION ALSO OFFERSATM, DEBIT AND CREDIT CARDS, IN ADDITION TO OTHER FINANCIAL SERVICES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 7681 0 119 1 1 1 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 X AMANDA KOBZA 3034275005 5005 W 60TH AVE ARVADA CO 80003 DARRELL MANN EVP 40.00 X 317856 0 90308 DANIEL KESTER CEO/PRESIDENT 40.00 X 368050 0 93700 CARRIE LANGGARD CHIEF FINANCIAL OFFICER 40.00 X 215001 0 19780 SERENA GROH LOAN OFFICER 40.00 X 154216 0 9330 GARY ROBBINS CHIEF LENDING OFFICER 40.00 X 126717 0 24683 JOSH HENDERSON VP IT 40.00 X 118145 0 24518 JESSE SCHADE VP RETAIL 40.00 X 115932 0 2496 MICHELLE RODRIGUEZ BRANCH MANAGER 40.00 X 109336 0 9375 AMANDA KOBZA VP FINANCE 40.00 X 106492 0 14413 TERRI RHOADES VP BUSINESS SERVICES 40.00 X 104401 0 15565 JOHN PURCELL VP LENDING 40.00 X 89629 0 19357 ANGELA WEBB VP MARKETING 40.00 X 84707 0 9586 NATE ROGERS CHIEF STRATEGY OFFICER 40.00 X 18406 0 0 CHERISE MEANY VP OF MARKETING 40.00 X 10577 0 4789 C MICHAEL LITZAU EVP OF CORPORATE 40.00 X 12340 0 52043 DONETTA DAVIDSON CHAIRPERSON/DIRECTOR 3.00 X 0 0 0 JOHN BODNAR SECRETARY/DIRECTOR 3.00 X 0 0 0 TONY DAYMIL TREASURER/DIRECTOR 3.00 X 0 0 0 FLOSSIE O'LEARY DIRECTOR 3.00 X 0 0 0 BOB BRUHN DIRECTOR 3.00 X 0 0 0 ADAM WILLIAMSON VICE CHAIR/DIRECTOR 3.00 X 0 0 0 SONIA ADAME DIRECTOR 3.00 X 0 0 0 PRESTON BRANAUGH DIRECTOR 3.00 X 0 0 0 LYNN SIERRAS-KRONE DIRECTOR 3.00 X 0 0 0 DON BLEA DIRECTOR 3.00 X 0 0 0 1951805 0 389943 10 0 1 0 COOP FINANCIAL SERVICES 9692 HAVEN AVE RANCHO CUCAMONGA CA 91730 CREDIT CARD PROCESSING AND TRANSACTION 948847 CU PRODIGY-CORE 209 E GORDON AVE LAYTON UT 84041 DATA PROCESSOR 569506 RAND CONSTRUCTION 1700 E 17TH AVE DENVER CO 80218 BUILDING REMODEL 367372 Q2 SOFTWARE INC 13785 RESEARCH BLVD SUITE 150 AUSTIN TX 78750 E-BANKING SERVICES 310612 DIEBOLDNIXDORF 15761 E CENTRETECH PKWY AUROR CO 80011 ATM/SECURITY SERVICES 203129 5 INTEREST ON LOANS TO MEMBERS 522100 16459601 16459601 OTHER INCOME 522100 2413325 2413325 FEES AND CHARGES 522100 1850689 1850689 20723615 901593 901593 625747 323000 217721 319307 408026 3693 411719 411719 NON-MEMBER ATM FEES 525990 19171 19171 19171 22056098 20723615 19171 1313312 2100577 4451611 257477 639301 461271 5047 158462 276273 220033 3260247 1099415 88846 412 13120 820331 136522 INTEREST AND DIVIDENDS 2763025 PROVISION FOR LOAN LOSS 2215093 MISCELLANEOUS OTHER EXP 338114 LOAN SERVICING EXPENSES 279998 43320 19628495 3395761 3545894 30834069 9804950 317515 141813 313897708 409857833 812852 724735 17036905 7635844 9527351 9401061 34826493 28118933 422000 450500 3801011 3341374 16317677 11868981 414152437 477256074 2836397 2902596 365096645 425048361 367933042 427950957 X 0 0 6234401 6234401 39984994 43070716 46219395 49305117 414152437 477256074 2427603 658119 0 X X 0 1 X 1 0 1340451 1340451 11774092 4994029 6780063 3408487 2641815 766672 513875 513875 9401061 MEMBER SHARES AND DEPOSIT ACCOUNTS 414939461 DRAWS AGAINST LINES OF CREDIT 10000000 OTHER NOTES 108900 425048361 X X X X 0 1 0 DARRELL MANN EVP 317856 0 0 0 0 0 90162 0 146 0 408164 0 0 0 DANIEL KESTER CEO/PRESIDENT 324877 0 43173 0 0 0 84000 0 9700 0 461750 0 0 0 CARRIE LANGGARD CHIEF FINANCIAL OFFICER 195811 0 19190 0 0 0 10039 0 9741 0 234781 0 0 0 SERENA GROH LOAN OFFICER 39181 0 115035 0 0 0 0 0 9330 0 163546 0 0 0 GARY ROBBINS CHIEF LENDING OFFICER 116353 0 10364 0 0 0 6104 0 18579 0 151400 0 0 0 PART I, LINE 4B THE CREDIT UNION HAS ESTABLISHED A NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR SELECT MEMBERS OF MANAGEMENT UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE. EACH MEMBER OF MANAGEMENT WHO IS OFFERED THE PLAN MUST BE CONTINUOUSLY EMPLOYED FOR A CERTAIN NUMBER OF YEARS TO EARN THE DEFERRED COMPENSATION PAYMENT. AMOUNTS ACCRUED UNDER THE PLAN FOR 2020 ARE AS FOLLOWS: DANIEL KESTER $84,000 AMOUNTS PAID OUT UNDER THE PLAN FOR 2020 ARE AS FOLLOWS: DANIEL KESTER $0 DARRELL MANN $315,299. GARY ROBBINS CHIEF LENDING OFFICER MORTGAGE X 484350 459358 0 1 1 CARRIE LANGARD EVP MORTGAGE X 335250 324318 0 1 1 AMANDA KOBZA VP FINANCE MORTGAGE X 173000 167467 0 1 1 TERRI RHOADES VP BUSINESS SERVICES MORTGAGE X 225950 151518 0 1 1 JOSHUA HENDERSON VP IT HELOC X 40000 35445 0 1 1 1138106 CU PRODIGY MANAGEMENT OF THE CREDIT UNION SITS ON THE BOARD OF DIRECTORS OF THE ENTITY 569506 CORE PROCESSOR 0 FORM 990, PART VI, SECTION A, LINE 6 PERSONS ELIGIBLE FOR MEMBERSHIP INCLUED EMPLOYEES (AND FAMILY MEMBERS) OF KING SOOPERS, CITY MARKET, AND OTHER BUSINESSES AND MEMBERS OF ASSOCIATIONS GENERALLY IN THE DENVER, COLORADO SPRINGS, AND GRAND JUNCTION, COLORADO AREAS. MEMBERSHIP ALSO INCLUDES PERSONS 55 YEARS OR OLDER LIVING WITHIN 25 MILES OF A SOOPER CREDIT UNION BRANCH. IN 2015, THE CREDIT UNION ADDED PERSONS WHO LIVE OR WORK IN JEFFERSON COUNTY, COLORADO TO ITS FIELD OF MEMBERSHIP. A $5 MINIMUM DEPOSIT IS REQUIRED FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ANNUALLY ELECT THE BOARD OF DIRECTORS TO SERVE FOR MULTIPLE-YEAR TERMS BY MAILING IN BALLOTS OR VOTING AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B VARIOUS DECISIONS MADE BY THE BOARD OF DIRECTORS FOR A CREDIT UNION ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE CREDIT UNION AS SET FORTH IN NCUA RULES AND REGULATIONS AND APPLICABLE STATE REGULATIONS. MERGER-REQUIRES TWO-THIRDS MAJORITY VOTE OF VOTING MEMBERS. CHARTER CONVERSION-REQUIRES TWO-THIRDS MAJORITY VOTE OF VOTING MEMBERS. DISSOLUTION AND LIQUIDATION-REQUIRES MAJORITY VOTE OF ENTIRE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CREDIT UNION HAS CONTRACTED WITH A CERTIFIED PUBLIC ACCOUNTING FIRM FOR ASSISTANCE IN COMPLETION OF THE FORM 990/990-T. CURRENTLY, THE BOARD OF DIRECTORS DOES NOT REVIEW THE TAX FORM 990/990-T PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SENT TO THE DIRECTORS, SUPERVISORY COMMITTEE AND ALL STAFF ANNUALLY. THESE ARE COMPLETED AND RETURNED TO THE DIRECTOR OF CORPORATE. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION-THE BOARD OF DIRECTORS USE COMPENSATION SURVEYS TO DETERMINE CEO COMPENSATION. CEO COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. TOP MANAGEMENT COMPENSATION-JOB DESCRIPTIONS ARE DEVELOPED USING THE COMPEASE SOFTWARE PORTAL. FACTORS AND JOB DESCRIPTIONS ARE SET WITHIN THE SOFTWARE, WHICH THEN DETERMINES THE SALARY RANGE FOR THE POSITION. SALARIES ARE INCREASED AND DETERMINED BY PERFORMANCE AND THE EMPLOYEES' COMPARATIO. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE FOR REVIEW UPON REQUEST AT THE CREDIT UNION. MONTHLY FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. SUMMARIZED FINANCIAL INFORMATION IS AVAILABLE ON THE CREDIT UNION'S WEBSITE. QUARTERLY FINANCIAL DATE IS AVAILABLE TO THE PUBLIC AT WWW.NCUA.GOV. PART XII, LINE 2C SELECTION OF THE AUDITORS AND OVERSIGHT OF THE AUDITORS IS DONE BY THE AUDIT COMMITTEE. THERE WERE NO CHANGES TO THE SELECTION OR OVERSIGHT PRACTICES DURING 2020.