2021-10-15T09:01:58-05:00 2020-12-31 420714325 RSM US LLP 19026 RIDGEWOOD PKWY STE 400 SAN ANTONIO TX 78259 990 2020-01-01 750796472 FORT WORTH COMMUNITY CREDIT UNION FORT 8178355000 PO BOX 210848 BEDFORD TX 76095 DIANE DORSEY EVP 8178355000 2021-10-14 1 DIANE DORSEY 999009999 REBECCA A RODRIGUEZ P01073764 2108286281 2021-10-14 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DIANE DORSEY PO BOX 210848 BEDFORD TX 76095 47175999 0 X WWW.FTWCCU.ORG X 1940 TX THRIFT SAVINGS AND BORROWING FOR MEMBERS. THE CREDIT UNION IS REGULATED BY THE STATE OF TEXAS. THE CREDIT UNION DEPARTMENT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION. THE CREDIT UNION OFFERS PRODUCTS AND SERVICES IN FOUR PRIMARY AREAS: SHARE ACCOUNTS, CHECKING ACCOUNTS, CONSUMER LOANS AND REAL ESTATE LOANS. 9 9 247 0 55496 0 0 0 40801067 39935740 6063445 3789859 423051 370911 47287563 44096510 0 0 0 0 16924599 17381627 0 0 0 26668340 25208586 43592939 42590213 3694624 1506297 1001618613 1110312717 913760194 1020948001 87858419 89364716 X TO PROMOTE THRIFT SAVINGS AND BORROWING. 0 0 SHARE ACCOUNTS - OUR SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS QUARTERLY AND OFFER ACCESS THROUGH THE BRANCH NETWORK, HOME BANKING VIA THE INTERNET OR TELEPHONE AND ATM'S WORLDWIDE. SPECIAL SAVINGS ACCOUNTS DESIGNED FOR CHILDREN AND TEENAGERS ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS. CHECKING ACCOUNTS - OUR CHECKING ACCOUNTS PROVIDE VARIOUS FEATURES FOR CONSUMERS, FROM FREE ACCOUNTS TO THOSE WITH ENHANCED BENEFITS. MOST OFFER DIVIDENDS THAT ARE PAID MONTHLY. ADDITIONALLY, THE CREDIT UNION EXTENDS THE REACH OF THOSE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, INTERNET ACCOUNT ACCESS AND FREE USE OF THE INTERNET BILL PAYER PLATFORM. CONSUMER LOANS - OUR CONSUMER LOANS PROVIDE ALL TYPES OF LOANS. THE FOLLOWING TYPES OF LOANS ARE AVAILABLE: VEHICLES, RECREATIONAL VEHICLES, MORTGAGES, SIGNATURE, HOME EQUITY, CREDIT CARDS, SECURED LOANS, ETC. THE CREDIT UNION PROVIDES HOME EQUITY LOANS ALONG WITH MORTGAGE LOANS. 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 0 0 0 0 0 0 0 0 0 1 19758 0 1 247 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 0 0 0 1 1 0 0 X DIANE DORSEY 8178355000 1905 FOREST RIDGE DRIVE BEDFORD TX 76021 NEAL OLIVER BOARD MEMBER 2.00 0.00 X 1948 0 0 HENRY CHRISTIANSEN BOARD MEMBER 2.00 0.00 X 1500 0 0 JANICE GRACZYK BOARD MEMBER 2.00 0.00 X 1500 0 0 TUNISA SADRUDDIN BOARD MEMBER-CHAIR 2.00 0.00 X X 1500 0 0 HERBERT SIMS BOARD MEMBER 2.00 0.00 X 1500 0 0 LEIGHTON WATERS BOARD MEMBER-SECRETARY-TREASURER 2.00 0.00 X X 1375 0 0 TOM TIJERINA BOARD MEMBER 2.00 0.00 X 1250 0 0 MICHAEL CLARDY BOARD MEMBER-VICE CHAIR 2.00 0.00 X X 1250 0 0 STAN SPIVEY BOARD MEMBER 2.00 0.00 X 125 0 0 RICHARD HOWDESHELL PRESIDENT/CEO 40.00 0.00 X 593603 0 64781 DIANE DORSEY EVP 40.00 0.00 X 282265 0 41515 MICHAEL FRANKO SRVP FINANCE 40.00 0.00 X 276220 0 43451 KYLE KOKE SR VP LENDING 40.00 0.00 X 256721 0 28342 TAMMY TRUDELLE VP HUMAN RESOURCES 40.00 0.00 X 239376 0 35938 CARL AUZENNE VP INFORMATION SERVICE 40.00 0.00 X 218768 0 36395 VALERIE GROSSKURTH VP PAYMENT SYSTEMS & RISK MGMT 40.00 0.00 X 156011 0 36222 NEIL SPENCER VP SUPPORT SERVICES 40.00 0.00 X 144268 0 40570 KAREN MARTINEZ VP OPERATIONS 40.00 0.00 X 131690 0 30522 BRANDY SCARLETT VP MARKETING 40.00 0.00 X 93241 0 37018 MARC RHODES VP SUPPORT SERVICES, THRU 1/2020 40.00 0.00 X 937829 0 5116 KOSTAS LEUCKER INVESTMENT CONSULTANT 40.00 0.00 X 211199 0 44927 GRETCHEN MCGINNIS DIRECTOR OF INTERNAL AUDIT 40.00 0.00 X 168940 0 22907 GINDA ABRAHAM AVP ACCOUNTING 40.00 0.00 X 150700 0 21355 MATT MEYER AVP INFORMATION SERVICES 40.00 0.00 X 149405 0 11473 SHEILA HAILEY AVP REAL ESTATE 40.00 0.00 X 111094 0 28979 4133278 0 529511 17 0 1 0 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 900740641 WEBSITE 941902 FISERV PO BOX 208457 DALLAS TX 753208457 SOFTWARE SERVICES 552072 LANVERA LTD 112 WRANGLER DR STE 150 COPPELL TX 75019 MAIL PROCESSOR 423938 MERIDIAN LINK 1600 SUN FLOWER AVE STE 200 COSTA MESA CA 92626 SOFTWARE SERVICES 359238 MARCH BUILDERS AND DESIGN INC 233 OAK ST HIGHLAND VILLAGE TX 75077 CONSTRUCTION 333355 13 INTEREST ON LOANS 522100 30842116 30842116 LOAN FEE INCOME 522100 6817922 6817922 MEMBER FEES & CHARGES 522100 2275702 2220206 55496 39935740 3715068 3715068 3140334 13946 3072915 6574 67419 7372 74791 74791 GAIN ON INVESTMENTS 522100 256366 256366 MISCELLANEOUS 522100 114545 114545 370911 44096510 40251155 55496 3789859 3836148 9475388 660977 2528377 880737 5014269 36051 495376 863303 1881695 1420080 23717 7441838 1206151 266445 PROVISION FOR LOAN LOSS 4454000 LOAN SERVICING 1499985 MISCELLANEOUS EXPENSE 605676 42590213 5209725 4630019 76402138 87729438 727779 383606 14185124 14528819 626854689 676689400 3295489 2906978 40009731 14073155 26747372 25936576 239579260 287599208 8617037 9908673 1001618613 1110312717 11773823 12143698 901986371 1008804303 913760194 1020948001 X 0 0 0 0 87858419 89364716 87858419 89364716 1001618613 1110312717 1506297 0 X X 0 0 0 8613873 8613873 23207891 7903125 15304766 434755 288375 146380 7640900 5830369 1810531 112312 51286 61026 25936576 MEMBER SHARES 1008804303 1008804303 PART XI AND XII: FINANCIAL STATEMENTS ARE CURRENTLY AUDITED THROUGH JUNE 30, 2021. X X 1 1 X X X X 0 1 0 MARC RHODES VP SUPPORT SERVICES, THRU 1/2020 47829 0 0 0 890000 0 3377 0 1739 0 942945 0 0 0 RICHARD HOWDESHELL PRESIDENT/CEO 503467 0 59090 0 31046 0 36234 0 28547 0 658384 0 0 0 DIANE DORSEY EVP 254710 0 18833 0 8722 0 18742 0 22773 0 323780 0 0 0 MICHAEL FRANKO SRVP FINANCE 246027 0 19314 0 10879 0 17132 0 26319 0 319671 0 0 0 KYLE KOKE SR VP LENDING 226218 0 18138 0 12365 0 15862 0 12480 0 285063 0 0 0 TAMMY TRUDELLE VP HUMAN RESOURCES 211182 0 17705 0 10489 0 15822 0 20116 0 275314 0 0 0 KOSTAS LEUCKER INVESTMENT CONSULTANT 201161 0 10038 0 0 0 14002 0 30925 0 256126 0 0 0 CARL AUZENNE VP INFORMATION SERVICE 197199 0 18728 0 2841 0 14023 0 22372 0 255163 0 0 0 VALERIE GROSSKURTH VP PAYMENT SYSTEMS & RISK MGMT 141731 0 13626 0 654 0 10603 0 25619 0 192233 0 0 0 GRETCHEN MCGINNIS DIRECTOR OF INTERNAL AUDIT 155976 0 10572 0 2392 0 11119 0 11788 0 191847 0 0 0 NEIL SPENCER VP SUPPORT SERVICES 120740 0 15152 0 8376 0 9520 0 31050 0 184838 0 0 0 GINDA ABRAHAM AVP ACCOUNTING 128393 0 10930 0 11377 0 9827 0 11528 0 172055 0 0 0 KAREN MARTINEZ VP OPERATIONS 111013 0 13105 0 7572 0 8760 0 21762 0 162212 0 0 0 MATT MEYER AVP INFORMATION SERVICES 139068 0 10053 0 284 0 3366 0 8107 0 160878 0 0 0 PART I, LINE 1A *TRAVEL FOR COMPANIONS - ANY BOARD/AUDIT COMMITTEE MEMBER OR STAFF CAN APPLY TO TRAVEL FOR A CONFERENCE. TRAVEL IS FOR CREDIT UNIION BUSINESS. IF A SPOUSE OR GUEST GOES WITH THE PERSON, THEN IT IS TAXABLE FOR THAT PORTION ON A FORM 1099. EMPLOYEES HAVE TO REIMBURSE FOR GUESTS. *HEALTH OR SOCIAL CLUB DUES - THE PRESIDENT AND VP ARE ELIGIBLE TO RECEIVE REIMBURSEMENT FOR HEALTH CLUB DUES UP TO $50 PER MONTH. THIS IS NOT SHOWN AS TAXABLE INCOME TO THESE EMPLOYEES. PART I, LINE 4B THE CREDIT UNION HAS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR CERTAIN EXECUTIVE OFFICERS OF THE CREDIT UNION. THE SERP WAS FUNDED WITH A SECURED SPLIT DOLLAR (SSD) DESIGN. THE CREDIT UNION ENTERED INTO AN AGREEMENT TO PURCHASE SSD INSURANCE POLICIES ON BEHALF OF CERTAIN EXECUTIVE OFFICERS. THE INSURANCE POLICIES ARE SUBJECT TO A COLLATERAL ASSIGNED BY THE CREDIT UNION AND SUBJECT TO CERTAIN VESTING REQUIREMENTS. THERE WERE NO PAYMENTS FROM THE SSD PLANS. SEE SCHEDULE L, PART II FOR ADDITIONAL DETAILS. RICHARD HOWDESHELL OFFICER FUND LIFE INSURANCE X 2861959 2924480 0 1 1 MICHAEL J FRANKO OFFICER FUND LIFE INSURANCE X 1118566 1143001 0 1 1 TAMMY TRUDELLE OFFICER FUND LIFE INSURANCE X 711815 727364 0 1 1 DIANE DORSEY OFFICER FUND LIFE INSURANCE X 903891 923637 0 1 1 ROCHELLE DRAKE OFFICER FUND LIFE INSURANCE X 1654678 1690826 0 1 1 KYLE KOKE OFFICER FUND LIFE INSURANCE X 1192008 1218047 0 1 1 CARL AUZENNE OFFICER FUND LIFE INSURANCE X 824369 842377 0 1 1 MARC RHODES OFFICER FUND LIFE INSURANCE X 4917838 5059087 0 1 1 14528819 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE AVP OF ACCOUNTING AND THE CEO OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE CEO IS APPROVED BY THE BOARD AND A COMPENSATION COMMITTEE AND COMPENSATION SURVEY IS USED ALONG WITH A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION DISPLAYS CURRENT FINANCIALS STATEMENTS AT EACH BRANCH. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2: FINANCIAL STATEMENTS ARE CURRENTLY AUDITED THROUGH JUNE 30, 2021. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS APPOINTED BY THE BOARD OF DIRECTORS AND HAS THE RESPONSIBILITY FOR GENERAL OVERSIGHT OF THE INTERNAL AUDIT DEPARTMENT AND HAS THE AUTHORITY TO ENGAGE AN ACCOUNTING FIRM TO CONDUCT THE ANNUAL AUDIT. THE CREDIT UNION HAS NOT CHANGED ITS OVERSIGHT OR ELECTION PROCESS.