2020-11-10T13:54:20-06:00 2018-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2018-01-01 910219435 CREDIT UNIONS IN THE STATE OF WASHINGTON BOEING EMPLOYEES CREDIT UNION CRED 2064395700 12770 GATEWAY DR S MAILSTOP 1011-1 TUKWILA WA 98168 MELBA BARTELS SVP FINANCE/CFO 2064395700 2020-11-03 1 WENDY CAMPOS P00448102 5097472600 2020-10-30 12.129.4.210 2020-11-03 10:37:08 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A8FC3026EDFBBE3D85340D5CD37AF6ADD6894A1B 2018 2022-01-07 14:23:13Z X BENSON PORTER 12770 GATEWAY DR S MAILSTOP 1011-1 TUKWILA WA 98168 997442449 0 X WWW.BECU.ORG X 1935 WA BECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSES OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATES OF INTEREST. BECU IS DEDICATED TO THE PHILOSOPHY OF "PEOPLE HELPING PEOPLE AND WILL STRIVE TO SERVE ITS MEMBERS BY PROVIDING SUPERIOR FINANCIAL PRODUCTS AND SERVICES. 9 9 2422 0 1377937 512458 0 0 632310731 732004564 92813840 125708654 3333052 3425020 728457623 861138238 4167680 4592355 0 0 198675839 228854065 0 0 0 319700311 374499542 522543830 607945962 205913793 253192276 17840296958 19588565098 15929293578 17478637179 1911003380 2109927919 X BECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSES OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE INTEREST RATES. BECU IS DEDICATED TO THE PHILOSOPHY OF "PEOPLE HELPING PEOPLE AND WILL STRIVE TO SERVE THESE MEMBERS BY PROVIDING SUPERIOR FINANCIAL PRODUCTS AND SERVICES. 0 0 TOTAL 1,162,490 MEMBERS; 128,613 NEW MEMBERS FOR 2018; 164,878 LOANS ORIGINATED TOTALING $8,287,831,172. 0 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 2422 1 1 1 0 0 0 0 0 1 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 X TINA WALLACE 2064395700 12770 GATEWAY DR S TUKWILA WA 98168 SUSAN EHRLICH DIRECTOR/CHAIRPERSON 6.00 X X 47614 0 0 WILL DAUGHERTY DIRECTOR 6.00 X 40313 0 0 MATTHEW OPPENHEIMER DIRECTOR 6.00 X 17477 0 0 DENIS FARMER DIRECTOR 6.00 X 40498 0 0 WILLIAM LONGBRAKE DIRECTOR 6.00 X 45114 0 0 ROGER MAULDIN DIRECTOR (THROUGH 4/18) 6.00 X 27021 0 0 DESIREE SERR DIRECTOR, AUDIT COMMITTEE MEMBER 6.00 X 45600 0 0 DEBRA SOMBERG DIRECTOR 6.00 X 45114 0 0 JESSIE WOOLLEY-WILSON DIRECTOR, AUDIT COMMITTEE MEMBER 6.00 X 40498 0 0 DAVID YONCE DIRECTOR 6.00 X 47075 0 0 JOHN PORTER PRESIDENT/CEO 40.00 X 1418554 0 515543 THOMAS BERQUIST SVP MARKETING & COOPERATIVE AFFAIRS 40.00 X 785277 0 236856 THOMAS MORGAN SVP/CIO 40.00 X 565574 0 191888 DOUGLAS MARSHALL SVP RETAIL 40.00 X 833611 0 123800 MICHAEL STRAND SVP MEMBER LENDING 40.00 X 639304 0 319013 MELANIE WALSH SVP HUMAN RESOURCES 40.00 X 833291 0 262954 MELBA BARTELS SVP FINANCE/CFO 40.00 X 622745 0 166874 JOHN STEWART SVP CHIEF RISK OFFICER 40.00 X 518332 0 129101 MICHAEL RYAN VICE PRESIDENT AND GENERAL COUNSEL 40.00 X 365075 0 72147 ANTHONY HARRIS ASSOCIATE GENERAL COUNSEL 40.00 X 175272 0 99310 TRAVIS SIMPSON SVP RETAIL, CONTACT CENTER & WEALTH 40.00 X 309766 0 75080 LORRAINE STEWART VICE PRESIDENT MORTGAGE LENDING 40.00 X 303642 0 84316 LINNEA WEXLER SR COMMERCIAL RELATIONSHIP MANAGER 40.00 X 430808 0 67925 DANA GRAY VICE PRESIDENT SMALL BUSINESS 40.00 X 394746 0 138188 DEBORAH TAGLIALAVORE DIRECTOR BUSINESS LENDING 40.00 X 384814 0 90545 MATHEW DAILEY VICE PRESIDENT WEALTH MANAGEMENT 40.00 X 358447 0 89647 HOWARD WU VICE PRESIDENT DIGITAL 40.00 X 355201 0 62677 9690783 0 2725864 530 0 1 0 PSCU FINANCIAL SERVICES 560 CARILLON PKWY ST PETERSBURG FL 33716 ONLINE BANKING 12279214 MASTERCARD INTERNATIONAL 2000 PURCHASE STREET PURCHASE NY 10577 FINANCIAL SERVICES 10277371 DNA BRAND MECHANICS 1301 FIFTH AVE SUITE 2600 SEATTLE WA 98101 BRANDING & ADVERTISING 9266380 CONNEXIONS LOYALTY 7814 CAROUSEL LANE RICHMOND VA 23294 ADMINISTRATION OF LOYALTY REWARDS 7388420 FISERV CNS 5325 S MOORLAND RD NEW BERLIN WI 53151 FINANCIAL SERVICES 6760719 249 LOAN INTEREST INCOME 522291 537882664 537882664 FEE INCOME 522100 148133465 147151970 981495 CONTRACT INCENTIVE INCOME 525990 13357281 13357281 DERIVATIVE INCOME 525990 10799967 10799967 BROKER INCOME 523000 9416064 9416064 12415123 12286856 128267 732004564 124443692 124443692 5469055 2312210 3156845 3156845 3156845 125735514 9521449 122523577 11468424 3211937 -1946975 1264962 1264962 CUSO INVESTMENTS 525990 268175 268175 268175 861138238 730894802 1377937 128865499 X 4592355 8417313 164320592 16777991 25412643 13925526 1661861 1801375 41245 633581 30020368 23236791 18415609 33162054 18752566 1747411 1553085 74664530 23097174 1052193 UBI TAX EXPENSE 298030 PRODUCT COST & SERVICIN 94484849 PROVISION FOR LOAN LOSS 48946714 LOCOM ADJUSTMENT 577332 352774 607945962 259713541 324344799 628007698 690649211 10890856 274794 11932161117 12858497050 27738688 30437604 327143447 160377468 160144627 166765979 88085845 62554847 4008753808 4690617330 3327032 14659058 721473746 749764426 17840296958 19588565098 116374629 107632634 7852622 3680538 151219341 782809962 15653846986 16584514045 15929293578 17478637179 X 0 0 0 0 1911003380 2109927919 1911003380 2109927919 17840296958 19588565098 X 253192276 -41556100 -12711637 X 0 1 X 1 0 80750 80750 80750 1 FRIENDS OF ANDREW BARKIS PO BOX 8728 LACEY WA 98509 811755579 500 FRIENDS OF ANDY BILLIG PO BOX 145 SPOKANE WA 99210 271127517 2000 CITIZENS TO ELECT BILL JENKIN PO BOX 1708 PROSSER WA 99350 813443408 500 BOB HASEGAWA FOR STATE SENATE PO BOX 84331 SEATTLE WA 98124 201930625 2000 COMMITTEE TO ELECT BRANDON VICK PO BOX 1434 BATTLE GROUND WA 98604 271915545 1000 COMMITTEE TO RE-ELECT BRIAN BLAKE PO BOX 1541 LONGVIEW WA 98632 870699800 500 BRUCE CHANDLER CAMPAIGN PO BOX 1108 ZILLAH WA 98953 912066326 500 FRIENDS OF CHRISTINE KILDUFF PO BOX 65431 UNIVERSITY PLACE WA 98464 465034375 250 FRIENDS OF DEREK STANFORD PO BOX 2041 BOTHELL WA 98041 272317624 500 DEMOCRATIC LEGIS CAMPAIGN COMMITTEE 1225 I ST NW STE 1250 WASHINGTON DC 20005 521870839 2000 DEMOCRATIC GOVERNORS ASSOCIATION 1225 EYE STREET NW STE 1100 WASHINGTON DC 20005 521304889 25000 FRIENDS OF DREW STOKESBARY PO BOX 92 AUBURN WA 98071 465287065 500 FRIENDS TO ELECT ERIC PETTIGREW PO BOX 28660 SEATTLE WA 98118 534801080 500 FRIENDS OF LARRY SPRINGER 700 20TH AVE W KIRKLAND WA 98033 830382872 1000 MARKO FOR SENATE 119 1ST AVE S STE 320 SEATTLE WA 98104 260696977 500 FRIENDS OF FRANK CHOPP 4130 1ST AVE S STE D SEATTLE WA 98134 320020852 2000 FRIENDS OF LILLIAN ORTIZ-SELF PO BOX 581 MUKILTEO WA 98275 463819721 250 FRIENDS OF NOEL FRAME PO BOX 99143 SEATTLE WA 98139 454760606 250 FRIENDS OF GAEL PO BOX 9100 SEATTLE WA 98109 371666948 500 COMMITTEE TO ELECT GINA MCCABE PO BOX 1105 GOLDENDALE WA 98620 471241800 500 FRIENDS OF HANS ZEIGER PO BOX 73303 PUYALLUP WA 98373 270422184 500 THE HARRY TRUMAN FUND PO BOX 9100 SEATTLE WA 98109 911769570 2000 HOUSE DEMOCRATIC CAMPAIGN COMMITTEE 4130 1ST AVE S STE D SEATTLE WA 98134 918178946 1000 HOUSE REPUBLICAN ORGANIZATIONAL COMMITTEE PO BOX 7222 OLYMPIA WA 98507 916177625 1000 PEOPLE FOR PEDERSEN 815 FIRST AVE 111 SEATTLE WA 98104 203979617 2000 JEFF HOLY FOR SENATE PO BOX 40285 SPOKANE WA 99220 824751774 500 FRIENDS OF JIM WALSH PO BOX 2259 ABERDEEN WA 98520 475427469 500 FRIENDS OF JOE FAIN PO BOX 7809 COVINGTON WA 98042 271654871 1000 FRIENDS OF JOE FITZGIBBON PO BOX 66235 BURIEN WA 98166 272265718 500 JOHN BRAUN FOR STATE SENATE 1955 SALZER VALLEY RD CENTRALIA WA 98531 455101339 500 COMMITTEE TO ELECT JOHN LOVICK 2403 157TH PL SE MILL CREEK WA 98012 900040477 500 ELECT JOHN MCCOY PO BOX 1821 MARYSVILLE WA 98270 912068458 500 COMMITTEE TO ELECT JT WILCOX PO BOX 747 MCKENNA WA 98558 270758934 2000 FRIENDS TO ELECT KRISTINE REEVES PO BOX 24153 FEDERAL WAY WA 98093 812277473 2000 FRIENDS TO ELECT LARRY HOFF 10013 NE HAZEL DELL AVE BOX 136 VANCOUVER WA 98685 822618438 2000 FRIENDS TO ELECT LYNDA WILSON PO BOX 820568 VANCOUVER WA 98682 464097009 1000 FRIENDS OF MANKA 17221 NE 115TH CT REDMOND WA 98052 815223744 500 FRIENDS OF MARCUS RICCELLI PO BOX 1325 SPOKANE WA 99210 455222828 500 FRIENDS OF MARI LEAVITT PO BOX 65195 TACOMA WA 98466 812668177 250 SENATE COMMITTEE FOR MARK SCHOESLER 1588 EAST ROSENOFF RD RITZVILLE WA 99169 043779321 2000 COMMITTEE TO ELECT MIKE VOLZ PO BOX 10163 SPOKANE WA 99209 813891241 750 FRIENDS OF MONA DAS 119 1ST AVE S STE 320 SEATTLE WA 98104 825147245 500 CAMPAIGN TO RE-ELECT PAT SULLIVAN 26513 168TH PL SE COVINGTON WA 98042 043679431 2000 FRIENDS OF PATTY KUDERER PO BOX 23037 SEATTLE WA 98102 475315866 1000 FRIENDS OF PHIL FORTUNATO PO BOX 2201 AUBURN WA 98071 821366387 500 FRIENDS TO ELECT RANDI BECKER 44106 14TH AVE E EATONVILLE WA 98328 770708976 500 FRIENDS OF SHARON BROWN 6855 W CLEARWATER AVE 101-143 KENNEWICK WA 99336 462639382 500 FRIENDS OF SANTOS PO BOX 78606 SEATTLE WA 98178 911913482 500 SENATE REPUBLICAN CAMPAIGN COMMITTEE PO BOX 11025 OLYMPIA WA 98508 910987396 1000 CITIZENS FOR STEVE BERGQUIST PO BOX 2050 RENTON WA 98056 454489263 1000 COMMITTEE TO ELECT STEVE HOBBS 3309 114TH DR NE LAKE STEVENS WA 98258 204733784 500 STEVE KIRBY CAMPAIGN 9415 TACOMA AVE S TACOMA WA 98444 711000906 1000 THE KENNEDY FUND 119 1ST AVE S STE 320 SEATTLE WA 98104 482745811 2000 THE LEADERSHIP COUNCIL PO BOX 12085 OLYMPIA WA 98508 911714860 2000 THE REAGAN FUND PO BOX 904 OLYMPIA WA 98507 911716818 2000 PEOPLE FOR TIMM ORMSBY PO BOX 2177 SPOKANE WA 99210 550876251 1000 FRIENDS OF TINA ORWALL 17837 1ST AVE S PMB 299 NORMANDY PARK WA 98148 453602805 1000 WASHINGTON SENATE DEMOCRATIC CAMPAIGN 4130 1ST AVE S STE D SEATTLE WA 98134 462614068 1000 PEOPLE FOR ZACK HUDGINS 4511 S 136TH ST TUKWILA WA 98168 810555017 500 PART I-A, LINE 1: IN 2018, BECU CONTRIBUTED PRIMARILY TO THE ELECTION CAMPAIGNS OF VARIOUS INDIVIDUALS RUNNING FOR WASHINGTON STATE ELECTED POSITIONS. 22794549 22794549 105945629 31535601 74410028 40433886 26574706 13859180 66772270 39709592 27062678 91197113 62557569 28639544 166765979 1284408 F INVESTMENT IN STOCK 41312400 F HELD TO MATURITY & AVAILABLE FOR SALE INVESTMENTS 4648020522 F 4690617330 SHARES AND DEPOSITS 16514957775 DIVIDENDS PAYABLE 2633204 OTHER LIABILITIES 7949154 OUTSTANDING CHECKS 58973912 16584514045 X 855297191 -1594165 2312210 718045 854579146 6559092 6559092 861138238 603967255 2312210 2312210 601655045 6290917 6290917 607945962 PART X, LINE 2: THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501 OF THE INTERNAL REVENUE CODE OF 1954; HOWEVER, THE CREDIT UNION'S UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAXES. THERE WERE NO SIGNIFICANT INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2018 OR 2017. ACCOUNTING PRINCIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREDIT UNION HAD NO UNRECOGNIZED TAX POSITIONS AT DECEMBER 31, 2018 OR 2017. IT IS THE CREDIT UNION'S POLICY TO RECORD ANY PENALTIES OR INTEREST ARISING FROM FEDERAL OR STATE TAXES AS A COMPONENT OF NONINTEREST EXPENSE. THE CREDIT UNION FILES EXEMPT ORGANIZATION AND UNRELATED BUSINESS INCOME TAX RETURNS WITH THE FEDERAL JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,312,210. PART XI, LINE 4B - OTHER ADJUSTMENTS: CUSO INVESTMENT INCOME 268,175. INTEREST EXPENSE 6,290,917. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,312,210. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE 6,290,917. 1 ALLIANCE FOR EDUCATION 509 OLIVE WAY 500 SEATTLE WA 98101 911508191 501(C)(3) 5000 DONATION AMERICAN ONLINE GIVING FOUNDATION INC PO BOX 3853 MS 223 SEATTLE WA 98124 810739440 501(C)(3) 396531 EMPLOYEE MATCHING DONATIONS ARTS WEST 4711 CALIFORNIA AVE SW SEATTLE WA 98116 911440032 501(C)(3) 5000 DONATION BECU FOUNDATION 12770 GATEWAY DR S TUKWILA WA 98168 911703337 501(C)(3) 249742 PROVIDE ADMINISTRATIVE OPERATIONS FOR THE BECU FOUNDATION/EMPLOYEE GIFT MATCH BELLEVUE COLLEGE FOUNDATION 3000 LANDERHOLM CIRCLE SE A-101 BELLEVUE WA 98007 911051671 501(C)(3) 15000 DONATION BELLWETHER HOUSING 1651 BELLEVUE AVENUE SEATTLE WA 98122 911116960 501(C)(3) 5000 DONATION BIKE WORKS SEATTLE 3709 S FERDINAND STREET SEATTLE WA 98118 911753062 501(C)(3) 28400 DONATION BOYS & GIRLS CLUBS OF KING COUNTY 603 STEWART ST 300 SEATTLE WA 98101 910532600 501(C)(3) 5000 DONATION BOYS AND GIRLS CLUB OF SNOHOMISH COUNTY 9502 19TH AVE SE SUITE F EVERETT WA 98208 910549511 501(C)(3) 5000 DONATION BRIGADOON SERVICE DOGS INC 4759 MISSION ROAD BELLINGHAM WA 98226 270100385 501(C)(3) 15000 DONATION SEATTLE ECONOMIC DEVELOPMENT FUND 1437 S JACKSON SEATTLE WA 98125 911764008 501(C)(3) 102500 DONATION CAREER PATH SERVICES 10 N POST STREET SPOKANE WA 99201 911032846 501(C)(3) 21000 DONATION CHRIST KITCHEN PO BOX 10307 SPOKANE WA 99209 473161138 501(C)(3) 10000 DONATION COLLEGE ACCESS NOW 3211 MLK WAY S SUITE A SEATTLE WA 98144 680624494 501(C)(3) 43500 DONATION COLLEGE SUCCESS FOUNDATION 15500 SE 30TH PLACE STE 200 BELLEVUE WA 98007 912036088 501(C)(3) 70000 DONATION COMMUNITY COLLEGES OF SPOKANE FOUNDATION 501 N RIVERPOINT BLVD STE 203 SPOKANE WA 99202 910886962 501(C)(3) 10000 DONATION CWU FOUNDATION 400 E UNIVERSITY WAY ELLENSBURG WA 98926 237017467 501(C)(3) 15500 DONATION EASTERN WASHINGTON UNIVERSITY FOUNDATION 102 HARGREAVES HALL CHENEY WA 99004 911019819 501(C)(3) 20000 DONATION EDMONDS COMMUNITY COLLEGE FOUNDATION 20000 68TH AVE W LYNNWOOD WA 98036 911186554 501(C)(3) 5000 DONATION EL CENTRO DE LA RAZA 2524 16TH AVE S 201 SEATTLE WA 98144 910899927 501(C)(3) 5000 DONATION EVERETT COMMUNITY COLLEGE FOUNDATION 2000 TOWER STREET EVERETT WA 98201 911280495 501(C)(3) 5000 DONATION EVERGREENHEALTH FOUNDATION 12040 NE 128TH ST MS 5 KIRKLAND WA 98034 911519430 501(C)(3) 18400 DONATION EXPRESS CREDIT UNION 1930 6TH AVE S STE 104 SEATTLE WA 98134 910573334 501(C)(14) 590429 DONATION FAMILIES FOR EFFECTIVE AUTISM TREATMENT 14434 NE 8TH ST STE 300 BELLEVUE WA 98007 911727777 501(C)(3) 5000 DONATION FINANCIAL BEGINNINGS WASHINGTON 530 INDUSTRY DRIVE STE 240 TUKWILA WA 98188 814631680 501(C)(3) 25000 DONATION FIRST WASHINGTON 21238 68TH AVE S KENT WA 98032 452443839 501(C)(3) 35900 DONATION FORTERRA NW 901 FIFTH AVENUE STE 2200 SEATTLE WA 98164 943112461 501(C)(3) 124750 DONATION FOUNDATION FOR PRIVATE ENTERPRISE EDU 923 POWELL AVE SW STE 100 RENTON WA 98057 911048245 501(C)(3) 15000 DONATION FRIENDS OF THE CHILDREN - SEATTLE PO BOX 18886 SEATTLE WA 98118 912047030 501(C)(3) 33400 DONATION FRIENDSHIP ADVENTURES 9805 NE 116TH ST PMB A185 KIRKLAND WA 98034 731696316 501(C)(3) 10000 DONATION GLOBAL TO LOCAL 2800 S 192ND STREET STE 104 SEA TAC WA 98188 273133200 501(C)(3) 50000 DONATION SCORE GREATER SEATTLE 2401 4TH AVENUE STE 450 SEATTLE WA 98121 521067290 501(C)(3) 5000 DONATION HABITAT FOR HUMANITY SEATTLE-KING COUNTY 560 NACHES AVE SW 110 RENTON WA 98057 911342397 501(C)(3) 85000 DONATION HIGHLINE COMMUNITY COLLEGE FOUNDATION PO BOX 98000 DES MOINES WA 98198 237428279 501(C)(3) 9000 DONATION HIGHLINE HIGH SCHOOL ALUMNI FOUNDATION PO BOX 66647 BURIEN WA 98166 911667582 501(C)(3) 6000 DONATION HOMESTEAD COMMUNITY LAND TRUST 412 MAYNARD AVE S STE 201 SEATTLE WA 98104 911565651 501(C)(3) 20400 DONATION HOPEWORKS SOCIAL ENTERPRISES 3331 BROADWAY EVERETT WA 98201 800684608 501(C)(3) 111517 DONATION HOUSING DEVEPLOMENT CONSORTIUM OF SEATTLE-KING COUNTY 1326 FIFTH AVENUE STE 230 SEATTLE WA 98101 943073588 501(C)(3) 10250 DONATION HOUSING HOPE 5830 EVERGREEN WAY EVERETT WA 98203 943060709 501(C)(3) 105172 DONATION IDEAS42 80 BROAD STREET 30TH FLOOR NEW YORK NY 10004 271678009 501(C)(3) 157200 DONATION IMPACT CAPITAL 401 SECOND AVE SUITE 301 SEATTLE WA 98104 943196958 501(C)(3) 15000 DONATION INTIMAN THEATRE 201 MERCER STREET SEATTLE WA 98109 237328597 501(C)(3) 10000 DONATION ISLANDWOOD 4450 BLAKELY AVE NE BAINBRIDGE ISLAND WA 98110 311654076 501(C)(3) 5500 DONATION ISSAQUAH FOOD AND CLOTHING BANK PO BOX 652 ISSAQUAH WA 98027 911245499 501(C)(3) 10000 DONATION JUNIOR ACHIEVEMENT OF OR AND SW WA INC 7830 SE FOSTER RD PORTLAND OR 97206 930384007 501(C)(3) 55000 DONATION JUNIOR ACHIEVEMENT OF WASHINGTON 600 STEWART STREET 212 SEATTLE WA 98101 910604913 501(C)(3) 236000 DONATION KAL ACADEMY 2757 152ND AVE NE REDMOND WA 98052 472627285 501(C)(3) 18400 DONATION KNOK STUDIO 718 GRIFFIN AVE 5 ENUMCLAW WA 98022 454021000 501(C)(3) 13400 DONATION LEADERSHIP TOMORROW 1301 FIFTH AVE STE 1500 SEATTLE WA 98101 911196293 501(C)(3) 5000 DONATION LITERARY SOURCE 3200 NE 125TH ST SEATTLE WA 98125 912101208 501(C)(3) 21800 DONATION MANY LIGHTS FOUNDATION 6947 COAL CREEK PKWY SE 208 NEWCASTLE WA 98059 208394344 501(C)(3) 5000 DONATION MASTER GARDNER FOUNDATION OF SPOKANE CTY 222 N HAVANA STREET SPOKANE WA 99202 460925099 501(C)(3) 18400 DONATION MENTOR WASHINGTON 1605 NW SAMMAMISH ROAD SUITE 200 ISSAQUAH WA 98027 208335617 501(C)(3) 10000 DONATION MUSEUM OF FLIGHT 9404 E MARGINAL WAY S SEATTLE WA 98108 910785826 501(C)(3) 10000 DONATION NATIONAL CREDIT UNION FOUNDATION INC PO BOX 78880 MILWAUKEE WI 53278 391383650 501(C)(3) 205000 DONATION NORTH SEATTLE COLLEGE EDU FUND 9600 COLLEGE WAY N SEATTLE WA 98103 412178833 501(C)(3) 10000 DONATION NORTHWEST CREDIT UNION FOUNDATION 33301 9TH AVE S SUITE 200 FEDERAL WAY WA 98003 911649328 501(C)(3) 30000 DONATION NORTHWEST INNOVATION RESOURCE CTR 2200 RIMLAND DR STE 210 BELLINGHAM WA 98226 273156063 501(C)(3) 20000 DONATION OPEN DOORS FOR MULTICULTURAL FAMILIES 24437 RUSSELL RD 220 KENT WA 98032 271206272 501(C)(3) 19400 DONATION FINANCIAL EDUCATION PUBLIC-PRIVATE PARTNERSHIP 600 WASHINGTON STREET SE OLYMPIA WA 98501 916001112 501(C)(3) 5000 DONATION OUTDOORS FOR ALL FOUNDATION 6344 NE 7TH STREET STE 102 SEATTLE WA 98115 911085999 501(C)(3) 18400 DONATION OUTREACH & RESOURCE SERVICES FOR WOMEN 8306 GREENWOOD AVE N 30857 SEATTLE WA 98113 455619578 501(C)(3) 6000 DONATION PACIFIC LUTHERAN UNIVERSITY 12180 PARK AVENUE SOUTH SEATTLE WA 98111 910565571 501(C)(3) 10000 DONATION PACIFIC SCIENCE CENTER 200 2ND AVENUE N SEATTLE WA 98109 910750867 501(C)(3) 5000 DONATION PARKVIEW SERVICES 18551 AURORA AVE N STE 200 SHORELINE WA 98133 910828809 501(C)(3) 41000 DONATION PHILANTHROPY NORTHWEST 2815 SECOND AVE SUITE 290 SEATTLE WA 98121 911110995 501(C)(3) 6880 DONATION PIERCE COUNTY AIDS FOUNDATION 3009 SOUTH 40TH ST TACOMA WA 98409 911385245 501(C)(3) 5900 DONATION PROJECT HOPE SPOKANE 1428 W BROADWAY SPOKANE WA 99201 261417578 501(C)(3) 5000 DONATION RAIN CITY ROCK CAMP FOR GIRLS 117 E LOUISA ST 445 SEATTLE WA 98102 943455872 501(C)(3) 15000 DONATION RAVEN ROCK RANCH 20503 NE 122ND ST REDMOND WA 98053 273362900 501(C)(3) 18400 DONATION READING PARTNERS 180 GRAND AVENUE STE 800 OAKLAND CA 94612 770568469 501(C)(3) 25000 DONATION REBUILDING TOGETHER SOUTH SOUND 4019 S ORCHARD ST TACOMA WA 98466 912147601 501(C)(3) 25000 DONATION ROTARY FIRST HARVEST 1201 FIRST AVENUE S STE 327 SEATTLE WA 98134 911229941 501(C)(3) 28400 DONATION SCARLET ROAD PO BOX 378 BREMERTON WA 98337 453703034 501(C)(3) 18400 DONATION SEATTLE CENTRAL COMM COLLEGE FOUNDATION 1701 BROADWAY BE 4180 SEATTLE WA 98122 911037870 501(C)(3) 15000 DONATION SEATTLE FOUNDATION 1200 FIFTH AVE SUITE 1300 SEATTLE WA 98101 916013536 501(C)(3) 25000 DONATION SEATTLE GOOD BUSINESS NETWORK 220 SECOND AVE STE 202 SEATTLE WA 98104 272172486 501(C)(3) 53500 DONATION SEATTLE GOODWILL 700 DEARBORN PL S SEATTLE WA 98144 910568708 501(C)(3) 5000 DONATION SEATTLE UNIVERSITY 901 12TH AVE SEATTLE WA 98122 910565006 501(C)(3) 5000 DONATION SOCIAL VENTURE PARTNERS 220 SECOND AVE S 3RD FL SEATTLE WA 98104 911894424 501(C)(3) 30000 DONATION SOUTH SEATTLE COLLEGE FOUNDATION 6000 16TH AVENUE SW SEATTLE WA 98106 911122981 501(C)(3) 11500 DONATION SOUTH SOUND OUTREACH SRVCS 1106 MARTIN LUTHER KING JR WAY TACOMA WA 98405 911741624 501(C)(3) 20000 DONATION SPOKANE NEIGHBORHOOD ACTION PARTNERS 3102 W FORT GEORGE WRIGHT DR SPOKANE WA 99224 911311127 501(C)(3) 108350 DONATION ST PHILOMENA CATHOLIC CHURCH 1815 S 220TH STREET DES MOINES WA 98198 910608536 501(C)(3) 5000 DONATION ST STEPHEN HOUSING ASSOCIATION 13055 SE 192ND ST RENTON WA 98058 943125444 501(C)(3) 18400 DONATION TACOMA URBAN LEAGUE 2550 S YAKIMA AVENUE TACOMA WA 98405 910826302 501(C)(3) 5000 DONATION THE COFFEE OASIS 837 4TH STREET BREMERTON WA 98337 911745050 501(C)(3) 10000 DONATION THE EVERGREEN STATE COLLEGE FOUNDATION 2700 EVERGREEN PARKWAY NW OLYMPIA WA 98505 910981488 501(C)(3) 10000 DONATION THE GOODTIMES PROJECT 24439 NE 19TH ST SAMMAMISH WA 98074 462489916 501(C)(3) 18400 DONATION THE OPEN WINDOW SCHOOL 6128 168TH PLACE SE BELLEVUE WA 98006 911303536 501(C)(3) 8000 DONATION THE PROSPERITY AGENDA 219 1ST AVE S STE 300 SEATTLE WA 98104 800919097 501(C)(3) 205750 DONATION TURNING POINT SEATTLE 1315 N 160TH ST SHORELINE WA 98133 205118203 501(C)(3) 18400 DONATION UNITED WAY 107 CHERRY ST SEATTLE WA 98104 910565555 501(C)(3) 30000 DONATION UNITED WAY OF SKAGIT COUNTY PO BOX 451 BURLINGTON WA 98233 910755705 501(C)(3) 15000 DONATION UNITED WAY OF SNOHOMISH COUNTY 917 134TH STREET SW SUITE B-1 EVERETT WA 98204 910606507 501(C)(3) 100000 DONATION UNIVERSITY OF WASHINGTON PO BOX 3981 SEATTLE WA 98124 916001537 501(C)(3) 132500 DONATION URBAN ARTWORKS 815 SEATTLE BLVD S STE B7 SEATTLE WA 98134 911939910 501(C)(3) 28400 DONATION VENTURES 2100 24TH AVE S SEATTLE WA 98144 911704028 501(C)(3) 7500 DONATION WASHINGTON ALLIANCE FOR BETTER SCHOOLS 18560 FIRST AVENUE NE SHORELINE WA 98155 911698851 501(C)(3) 29500 DONATION WASHINGTON ASSET BUILDING COALITION 120 STATE STREET NE 1010 OLYMPIA WA 98501 271406157 501(C)(3) 5000 DONATION WASHINGTON DECA 16040 CHRISTENSEN RD STE 215 TUKWILA WA 98188 911308496 501(C)(3) 16500 DONATION WASHINGTON HOMEOWNERSHIP RESOURCE CENTER 7544 MIDVALE AVE STE LL SHORELINE WA 98133 911669492 501(C)(3) 5000 DONATION WASHINGTON WOMEN IN NEED 2285 116TH AVE NE 100 BELLEVUE WA 98004 911559848 501(C)(3) 10000 DONATION WHITE CENTER FOOD BANK 10829 8TH AVE SW SEATTLE WA 98146 911167830 501(C)(3) 15000 DONATION WORLDWIDE FOUNDATION FOR CREDIT UNIONS 5710 MINERAL POINT ROAD MADISON WI 53705 396093210 501(C)(3) 15000 DONATION YEAR UP INC 45 MILK STREET 8TH FLOOR BOSTON MA 02109 043534407 501(C)(3) 5500 DONATION YOGA BEHIND BARS 6512 23RD AVE NW SEATTLE WA 98117 208867242 501(C)(3) 18400 DONATION YOUTH CARE 2500 NE 54TH ST SEATTLE WA 98105 910917079 501(C)(3) 20000 DONATION YOUTH EASTSIDE SERVICES 999 164TH AVE NE BELLEVUE WA 98008 910849093 501(C)(3) 10000 DONATION YWCA OF SEATTLEKINGSNOHOMISH COUNTY 1118 5TH AVE SEATTLE WA 98101 910482890 501(C)(3) 5000 DONATION 109 1 PART I, LINE 2: BECU MONITORS THE USE OF GRANT FUNDS IN THE U.S. BY ASKING EACH OF OUR NON-PROFIT GRANT OR DONATION RECIPIENTS TO PROVIDE PERIODIC UPDATES AND RANDOMLY CONDUCT ON SITE VISITS OF GRANT RECIPIENTS. BECU GIFT MATCHING GUIDELINES REQUIRE THE DONEE ORGANIZATION TO PROVIDE PROOF OF RECEIPT OF FUNDS AND THEIR FEDERAL TAX IDENTIFICATION NUMBER. X X 1 1 X X X X 1 1 0 JOHN PORTER PRESIDENT/CEO 682897 0 721013 0 14644 0 490962 0 24581 0 1934097 0 0 0 THOMAS BERQUIST SVP MARKETING & COOPERATIVE AFFAIRS 291963 0 218189 0 275125 0 217293 0 19563 0 1022133 0 272351 0 THOMAS MORGAN SVP/CIO 321887 0 239493 0 4194 0 179033 0 12855 0 757462 0 0 0 DOUGLAS MARSHALL SVP RETAIL 318422 0 237729 0 277460 0 107662 0 16138 0 957411 0 270511 0 MICHAEL STRAND SVP MEMBER LENDING 370103 0 266795 0 2406 0 298820 0 20193 0 958317 0 0 0 MELANIE WALSH SVP HUMAN RESOURCES 292205 0 216411 0 324675 0 243083 0 19871 0 1096245 0 323235 0 MELBA BARTELS SVP FINANCE/CFO 397309 0 221176 0 4260 0 148154 0 18720 0 789619 0 0 0 JOHN STEWART SVP CHIEF RISK OFFICER 298177 0 218585 0 1570 0 107566 0 21535 0 647433 0 0 0 MICHAEL RYAN VICE PRESIDENT AND GENERAL COUNSEL 254387 0 109588 0 1100 0 54035 0 18112 0 437222 0 0 0 ANTHONY HARRIS ASSOCIATE GENERAL COUNSEL 142086 0 30910 0 2276 0 89838 0 9472 0 274582 0 0 0 TRAVIS SIMPSON SVP RETAIL, CONTACT CENTER & WEALTH 217570 0 90912 0 1284 0 51532 0 23548 0 384846 0 0 0 LORRAINE STEWART VICE PRESIDENT MORTGAGE LENDING 206505 0 94957 0 2180 0 68250 0 16066 0 387958 0 0 0 LINNEA WEXLER SR COMMERCIAL RELATIONSHIP MANAGER 124363 0 304460 0 1985 0 41439 0 26486 0 498733 0 0 0 DANA GRAY VICE PRESIDENT SMALL BUSINESS 265111 0 125391 0 4244 0 115142 0 23046 0 532934 0 0 0 DEBORAH TAGLIALAVORE DIRECTOR BUSINESS LENDING 188587 0 194693 0 1534 0 75976 0 14569 0 475359 0 0 0 MATHEW DAILEY VICE PRESIDENT WEALTH MANAGEMENT 184574 0 169417 0 4456 0 70915 0 18732 0 448094 0 0 0 HOWARD WU VICE PRESIDENT DIGITAL 45651 0 132874 0 176676 0 53426 0 9251 0 417878 0 0 0 PART I, LINE 1A BECU MAINTAINS A MEMBERSHIP AT A SOCIAL CLUB. ALL EXECUTIVES HAVE ACCESS TO THE CLUB FOR CONDUCTING MEETINGS AND TO HOST SOCIAL EVENTS. THE BENEFIT OF ATTENDING THE CLUB IS NOT TAXABLE TO THE RECIPIENT. PART I, LINE 4A: HOWARD WU RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $147,426. PART I, LINE 4B: PRESIDENT/CEO: $395,436 ACCRUAL OF 457(F) SERP. SVP MARKETING & CO-OP AFFAIRS: RECEIVED PAYMENT DUE TO VESTING OF THE SERP IN THE AMOUNT OF $272,351. SVP MEMBER LENDING: $186,667 ACCRUAL OF 457(F) SERP. SVP/CIO: $86,702 ACCRUAL OF 457(F) SERP. SVP RETAIL: RECEIVED PAYMENT DUE TO VESTING OF THE SERP IN THE AMOUNT OF $270,511. SVP HUMAN RESOURCES: RECEIVED PAYMENT DUE TO VESTING OF THE SERP IN THE AMOUNT OF $323,235. SVP FINANCE/CFO: $80,039 ACCRUAL OF 457(F) SERP. SVP/CHIEF RISK OFFICER: $49,139 ACCRUAL OF 457(F) SERP. FORM 990, PART I, ITEM B, AMENDED RETURN: THE ORIGINALLY FILED 2018 FORM 990 IS BEING AMENDED TO ADDRESS THE FOLLOWING ITEMS: -PART I, LINES 3 & 4: REPORT VOTING AND INDEPENDENT MEMBERS OF THE GOVERNING BODY AS 9, INSTEAD OF 12. -PART I, LINE 7B: UPDATE UNRELATED BUSINESS INCOME TO $512,458 TO MATCH NET INCOME AS REPORTED ON THE AMENDED 990-T, LINE 38. -PART VI, SECTION A, LINES 1A & 1B: REPORT VOTING AND INDEPENDENT MEMBERS OF THE GOVERNING BODY AS 9, INSTEAD OF 12. -PART VII, SECTION A: CORRECT THE SPELLING OF SUSAN EHRLICH'S NAME, UPDATE SUSAN EHRLICH'S TITLE TO INCLUDE DIRECTOR, REMOVE JANE REPENSEK AND JOHN MCMURRAY FROM PART VII, AND TO INDICATE THAT ROGER MAULDIN LEFT THE BOARD IN APRIL OF 2018. FORM 990, PART VI, SECTION A, LINE 6 BECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSES OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATE OF INTEREST. MEMBERSHIP AT BECU IS LIMITED TO THOSE PERSONS LISTED IN THE FIELD OF MEMBERSHIP APPENDIX TO THE BYLAWS. AT ALL MEETINGS EACH MEMBER WITH ONE OR MORE FULLY PAID SHARES WILL HAVE ONE VOTE SUBJECT TO CERTAIN CONDITIONS. FORM 990, PART VI, SECTION A, LINE 7A BECU IS A COOPERATIVE SOCIETY ORGANIZED UNDER WASHINGTON LAW AS A NONPROFIT CORPORATION FOR THE PURPOSES OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATES OF INTEREST. MEMBERSHIP AT BECU IS LIMITED TO THOSE PERSONS LISTED IN THE FIELD OF MEMBERSHIP APPENDIX TO THE BYLAWS AND WHO MAINTAIN A SHARE ACCOUNT WITH A MINIMUM BALANCE AS SET BY BECU. AT ALL MEETINGS EACH MEMBER HAS ONE VOTE SUBJECT TO CERTAIN CONDITIONS. FORM 990, PART VI, SECTION B, LINE 11B TAX DIRECTOR, CONTROLLER AND GENERAL COUNSEL REVIEWED FORM 990 PRIOR TO FILING. A COPY OF THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER BEFORE IT IS FILED FOR INFORMATIONAL PURPOSES. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD ALONG WITH ALL EMPLOYEES AFFIRMS THEIR ADHERENCE TO BECU'S CONFLICT OF INTEREST REQUIREMENTS IN WRITING ON A YEARLY BASIS (CALLED "ANNUAL CODE OF ETHICS AFFIRMATION" FORM). AUDIT SERVICES AND SECURITY RISK MONITOR FOR ETHICS VIOLATIONS THROUGH ANONYMOUS HOT LINES AND EMAILS. THE AUDIT COMMITTEE ISSUES A YEARLY "WHISTLEBLOWER" LETTER TO ALL EMPLOYEES ENCOURAGING THEM TO REPORT ANY FRAUD OR ABUSE BY EMPLOYEES OR BOARD MEMBERS. ALSO, ALONG WITH THE YEARLY RE-AFFIRMATION OF OUR CODE OF ETHICS, THERE IS A REQUIRED ETHICS REFRESHER COURSE. THE CODE OF ETHICS POLICY OUTLINES HOW CONFLICTS ARE DETERMINED AND REQUIREMENTS FOR DISCLOSURE IF THERE IS AN ACTUAL OR PERCEIVED CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 MARKET COMPENSATION DATA WILL BE GATHERED FOR THE PRESIDENT'S POSITION AND THE OTHER EXECUTIVE POSITIONS AS PART OF THE BI-ANNUAL COMPETITIVE COMPENSATION ANALYSIS. THE COMPENSATION DATA FOR THE PRESIDENT'S POSITION WILL BE PROVIDED TO THE COMPENSATION COMMITTEE FOR DEVELOPING A RECOMMENDATION TO THE BOARD OF DIRECTORS REGARDING ANY COMPENSATION ADJUSTMENT. THE COMPENSATION COMMITTEE MAY ENGAGE THIRD PARTY CONSULTANTS TO ASSIST WITH THE CEO COMPENSATION REVIEW AND RECOMMENDATIONS. THE EXECUTIVE COMPENSATION DATA WILL BE PROVIDED TO THE PRESIDENT FOR DETERMINING ADJUSTMENTS FOR THE OTHER EXECUTIVE POSITIONS. THE COMPENSATION DATA WILL BE GATHERED USING A VARIETY OF INDUSTRY SURVEY SOURCES AND DATA SEGMENTS WHICH ARE THEN VALIDATED BY A THIRD PARTY. BECU'S COMPENSATION PROGRAM IS ADMINISTERED BY THE HUMAN RESOURCES DEPARTMENT AND IS AUDITED BY BECU'S AUDIT SERVICES DEPARTMENT. THE LAST COMPENSATION REVIEW WAS CONDUCTED IN 2018. FORM 990, PART VI, SECTION C, LINE 19 BECU'S BYLAWS, CORPORATE GOVERNANCE OVERVIEW AND FINANCIAL DATA ARE POSTED AND AVAILABLE TO THE PUBLIC ON THE BECU.ORG WEBSITE. BECU'S FINANCIAL DATA IS ALSO AVAILABLE TO THE PUBLIC VIA THE NCUA WEBSITE. FORM 990, PART IX, LINE 11G CONSULTING FEES 21,528,779. OTHER OUTSIDE SERVICES 8,491,589. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME PENSION & SERP BENEFIT PLANS. -12,443,462. CURRENT YEAR CUSO INCOME -268,175. EMPLOYEE BENEFIT FUNDING TRUST 14025 RIVEREDGE DRIVE SUITE 280 TAMPA FL 33637 EMPLOYEE MEDICAL & PAID TIME-OFF BENEFIT OBLIGATIONS WA 1642851 322395030 BECU BECU FOUNDATION 12770 GATEWAY DR S TUKWILA WA 98168 911703337 SCHOLARSHIPS WA 501(C)(3) PF N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0