2021-12-06T14:07:42-06:00 2020-12-31 410746749 CLIFTONLARSONALLEN LLP 9901 IH-10 WEST STE 350 SAN ANTONIO TX 78230 990 2020-12-30 410749255 TRUSTONE FINANCIAL CREDIT UNION TRUS 8008621998 14601 27TH AVE N STE 104 PLYMOUTH MN 55447 DANIEL ZACZKOWSKI CHIEF FINANCIAL OFFICER 8008621998 2021-12-06 1 DANIEL ZACZKOWSKI 999009999 DEAN ROHNE P00625086 2102987900 2021-12-06 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z X DALE TURNER 14601 27TH AVE N STE 104 PLYMOUTH MN 55447 567381 0 X WWW.TRUSTONEFINANCIAL.ORG X CREDIT UNION 1939 MN WE ENGAGE, EDUCATE AND INSPIRE OUR MEMBERS TO ACHIEVE LIFELONG FINANCIAL WELL-BEING. 7 7 774 14 0 0 0 533058 34043 0 567101 0 63611 199593 0 0 132674 395878 171223 3548378075 3168269291 380108784 WE ENGAGE, EDUCATE AND INSPIRE OUR MEMBERS TO ACHIEVE LIFELONG FINANCIAL WELL-BEING. 0 0 LOANS:AS A STATE CHARTERED CREDIT UNION, WE PROVIDE A VARIETY OF LENDING SERVICES TO OUR MEMBERSHIP. THE CREDIT UNION HAD 132,915 LOANS OUTSTANDING AS OF 12/31/20 WITH BALANCES OF $2,476,555,652. DEPOSITS:AS A STATE CHARTERED CREDIT UNION, WE PROVIDE A VARIETY OF DEPOSITORY SERVICES TO OUR MEMBERSHIP. THE CREDIT UNION HAD 429,375 ACCOUNTS WITH DEPOSITS OF $3,082,609,537 AS OF 12/31/20. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 49170 0 1 774 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 X DANIEL ZACZKOWSKI 7635954003 14601 27TH AVE N STE 104 PLYMOUTH MN 55447 DOUG NESBIT CHAIR 5.00 X X 0 0 0 JOHN CHRISTENSON VICE CHAIR 5.00 X X 0 0 0 SAMUEL STERN SECRETARY 5.00 X X 0 0 0 DARRIK METZ TREASURER 2.00 X X 0 0 0 STEVE HUNZIKER DIRECTOR 2.00 X 0 0 0 TOM ALAGNA DIRECTOR 2.00 X 0 0 0 STEVE BOHLIG DIRECTOR 2.00 X 0 0 0 TIM BOSIACKI CHIEF EXECUTIVE OFFICER 40.00 X 4509 0 106 STEVE STEEN CHIEF BUSINESS OFFICER 40.00 X 1688 0 129 DAN ZACZKOWSKI CHIEF FINANCIAL OFFICER 40.00 X 1566 0 116 NATHAN GRUNZKE CHIEF MORTGAGE OFFICER 40.00 X 1278 0 116 HANS INVERSON CHIEF OPERATIONS OFFICER 40.00 X 1544 0 116 PHIL YOUNG CHIEF LEGAL COUNSEL 40.00 X 1438 0 116 12023 0 699 0 0 0 0 PSCU-ACH 560 CARILLON PARKWAY ST PETERBURG FL 33716 CARD PROCESSING 1968999 JACK HENRY PO BOX 609 MONETT MO 65708 CORE TRANSACTION PROCESSOR 1452062 ANCONA TITLE AGENCY 4750 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 TITLE COMPANY 1281271 LIONS GATE MARKETING 9375 COLD STREAM LANE EDEN PRAIRIE MN 55347 MARKETING AGENCY 1017735 SERVION COMMERCIAL LOAN RESOURCES 500 MAIN STREET SUITE 100 NEW BRIGHTON MN 55112 COMMERCIAL LOAN SERVICER 819213 26 INTEREST ON LOANS 522100 310404 310404 MISC OPERATING INCOME 522100 180324 180324 FEE INCOME 522100 42330 42330 533058 29228 29228 5095 0 280 5095 -280 4815 4815 567101 533058 0 34043 63611 12024 149626 9204 18806 9933 2556 586 17475 16314 31098 12270 1403 6076 15627 LOAN SERVICING 11828 PROVISION FOR LOAN LOSS 10553 MISCELLANEOUS 4569 SUPERVISION EXPENSES 2319 395878 31409597 457252878 8755467 2470188245 4135509 96954890 40845110 0 56109780 8299200 370024388 22085328 0 120117683 0 3548378075 42669959 42500000 0 3083099332 0 3168269291 X 0 0 0 0 0 380108784 0 380108784 0 3548378075 X 171223 379937561 X 0 0 0 16773203 16773203 43053747 13578221 29475526 5408519 3721662 1686857 29872686 23545227 6327459 1846735 1846735 56109780 EQUITY SECURITIES 5761501 C AVAILABLE FOR SALE SECURITIES 363593434 F NONPERPETUAL CAPITAL 90449 C PERPETUAL CONTRIBUTED CAPITAL 579004 C 370024388 NON TRADING DERIVATIVE LIABILITY 489795 MEMBER SHARES 3082609537 3083099332 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS AVAILABLE TO PERSONS WHO LIVE, WORK, WORSHIP, VOLUNTEER OR ATTEND SCHOOL IN AND BUSINESSES AND OTHER LEGAL ENTITIES IN THE 13-COUNTY MINNEAPOLIS/ST. PAUL METRO AREA AND 3 COUNTIES IN SE WISCONSIN. MEMBERSHIP IS ALSO AVAILABLE TO SELECT GROUPS OF EMPLOYEES. THE HOUSEHOLD OF A MEMBER INCLUDING BUT NOT LIMITED TO THE SPOUSE, BLOOD OR ADOPTIVE RELATIVES OF THE MEMBER ARE ALSO ELIGIBLE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS. EACH MEMBER IS ENTITLED TO 1 VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS VOTE ON MERGERS, CHARTER CHANGES AND ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED BY OFFICERS PRIOR TO ITS FILING AND WILL BE PRESENTED AFTER FILING TO THE BOARD OF DIRECTORS AND THE SUPERVISORY COMMITTEE AS AN INFORMATIONAL REPORT. FORM 990, PART VI, SECTION B, LINE 12C AUDITS OF THE HR FUNCTIONS INCLUDE A REVIEW OF WHETHER OR NOT AN EMPLOYEE HAS EXECUTED THE ACKNOWLEDGEMENT OF THE CODE OF ETHICS (INCLUDING CONFLICT OF INTEREST RULES). INTERNAL AUDIT PERFORMS QUARTERLY TESTING TO DETERMINE IF EMPLOYEES ARE PERFORMING TRANSACTIONS ON THEIR OWN DEPOSIT AND LOAN ACCOUNTS. BOARD MEMBERS ARE ASKED ANNUALLY TO REAFFIRM THE EXISTENCE OF THE CODE OF ETHICS RESOLUTION (INCLUDING THE CONFLICT OF INTEREST RULES). FORM 990, PART VI, SECTION B, LINE 15A CEO SALARY IS DETERMINED BY THE BOARD OF DIRECTORS AND BENCHMARKED TO CURRENT COMPENSATION SALARY SURVEY INFORMATION BASED UPON PERFORMANCE AND TENURE. OTHER OFFICERS AND KEY EMPLOYEE SALARIES ARE DETERMINED BY THE CEO AND BENCHMARKED TO CURRENT COMPENSATION SALARY SURVEY INFORMATION PROVIDED BY HUMAN RESOURCES BASED UPON PERFORMANCE AND TENURE. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S FINANCIAL STATEMENTS ARE POSTED ON THE NCUA WEBSITE AND IN BRANCH LOBBIES. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET ASSETS FROM FEDERAL TO STATE CHARTER CHANGE 379,937,561. TRUSTONE FINANCIAL FOUNDATION 14601 27TH AVE N PLYMOUTH MN 55447 300560908 FINANCIAL EDUCATION & SCHOLARSHIPS FOR EDUCATION PROGRAMS MN 501(C)(3) LINE 7 TRUSTONE FINANCIAL CREDIT UNION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0