2019-09-10T13:50:12-05:00 2018-12-31 420714325 RSM US LLP 4650 E 53RD ST DAVENPORT IA 528073479 990 2018-01-01 421132695 VERIDIAN CREDIT UNION VERI 3192365600 1827 ANSBOROUGH AVENUE WATERLOO IA 507013629 KEITH J MESCH CHIEF FINANCIAL OFFICER 3192365600 2019-09-04 1 JENIFER L CHASE P01306883 5638884000 66.98.98.129 2019-09-04 12:18:36 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B876A155820338ED437F0CF2305A406FA7BE98CD 2018 2019-02-21 02:37:17Z KEITH J MESCH 1827 ANSBOROUGH AVENUE WATERLOO IA 507013629 238721108 0 X WWW.VERIDIANCU.ORG X 1934 IA TO PROVIDE A VARIETY OF LOW OR NO COST SERVICES, LOW LOAN RATES, AND HIGHER SAVINGS RATES TO OUR MEMBERS, AND TO FULFILL OUR PHILOSOPHY OF "PEOPLE HELPING PEOPLE" BY PARTNERING WITH OUR MEMBERS TO CREATE SUCCESSFUL FINANCIAL FUTURES. OUR CURRENT FIELD OF MEMBERSHIP IS THE STATE OF IOWA, AS WELL AS 6 COUNTIES IN EASTERN NEBRASKA. 15 15 939 15 633601 247004 0 0 132961915 165565748 39484 1234954 28882478 34726096 161883877 201526798 443923 529679 0 0 51808255 56650774 0 0 0 72133390 93717815 124385568 150898268 37498309 50628530 3556595295 4142827269 3212050178 3746136448 344545117 396690821 X TO PROVIDE A VARIETY OF LOW OR NO COST SERVICES, LOW LOAN RATES, AND HIGHER SAVINGS RATES TO OUR MEMBERS, AND TO FULFILL OUR PHILOSOPHY OF "PEOPLE HELPING PEOPLE" BY PARTNERING WITH OUR MEMBERS TO CREATE SUCCESSFUL FINANCIAL FUTURES. OUR CURRENT FIELD OF MEMBERSHIP IS THE STATE OF IOWA, AS WELL AS 6 COUNTIES IN EASTERN NEBRASKA. 0 0 VERIDIAN CREDIT UNION SERVED APPROXIMATELY 226,196 MEMBERS AT OUR CONVENIENT BRANCH LOCATIONS. VERIDIAN CREDIT UNION ADDED 30,602 NEW MEMBERSHIPS IN 2018. TOTAL LOANS AND DEPOSITS AT 12/31/2018 WERE 3,787,061,610 AND 3,440,562,953 RESPECTIVELY. 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 87048 0 1 939 1 1 1 0 0 0 0 0 0 0 X 15 15 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X KEITH J MESCH 3192366774 1827 ANSBOROUGH AVENUE WATERLOO IA 507013629 PAMELA AYRES BOARD OF DIRECTOR 6.00 X 490 0 0 WILLIAM BOEVERS BOARD OF DIRECTOR 6.00 X 3892 0 0 CYNTHIA BUETTNER BOARD OF DIRECTOR 6.00 X 0 0 0 ELIZABETH CAVEN BOARD OF DIRECTOR 6.00 X 0 0 0 THOMAS DELONG BOARD OF DIRECTOR 6.00 X 695 0 0 PAUL GENGLER BOARD OF DIRECTOR 6.00 X 0 0 0 JAMES KACHER BOARD OF DIRECTOR 6.00 X 0 0 0 BOB KRESSIG BOARD OF DIRECTOR 6.00 X 0 0 0 ASHLEY LINDLEY FORMER BOARD OF DIRECTOR 6.00 X 0 0 0 TRACI MCBEE BOARD OF DIRECTOR 6.00 X 1269 0 0 JUSTINE PEEBLES BOARD OF DIRECTOR 6.00 X 5816 0 0 GINGER SHIRLEY BOARD OF DIRECTOR 6.00 X 561 0 0 DENNY SKELTON BOARD OF DIRECTOR 6.00 X 0 0 0 CRESTON VAN WEY BOARD OF DIRECTOR 6.00 X 2036 0 0 NICK WATERS BOARD OF DIRECTOR 6.00 X 0 0 0 GAYLEN WITZEL BOARD OF DIRECTOR 6.00 X 0 0 0 MONTE BERG PRESIDENT/CEO 50.00 X 568093 0 227299 RENEE CHRISTOFFER CHIEF ADMINISTRATION OFFICER 50.00 X 356070 0 126686 DOUGLAS GILBERTSON CHIEF OPERATIONS OFFICER 50.00 X 330945 0 142489 KEITH MESCH CHIEF FINANCIAL OFFICER 50.00 X 282160 0 124416 MARK KOPPEDRYER SENIOR VP OF RETAIL 50.00 X 180093 0 68785 SHAWNA MATZ VP OF TALENT DEVELOPMENT 50.00 X 157657 0 55800 CHRIS MCGOVERN MANAGER OF MORTGAGE LENDING 50.00 X 176912 0 24659 KARA VANWERT SENIOR VP OF LENDING 50.00 X 158893 0 56518 BRETT ENGSTROM SENIOR VP OF INFORMATION TECHNOLOGY 50.00 X 163935 0 59293 LYNETTE GILBERTSON SENIOR VP OF COMMERCIAL SERVICES 50.00 X 189569 0 57111 LORI HONERMANN MORTGAGE LOAN ORIGINATOR 50.00 X 215006 0 48513 WILLIAM KALIANOV SENIOR COMMERCIAL CREDIT OFFICER 50.00 X 166786 0 38561 GREGORY SLESSOR SENIOR VP OF LEGAL 50.00 X 176262 0 49552 3137140 0 1079682 51 0 1 0 THE REDMOND COMPANY W228 N745 WESTMOUND ROAD WAUKESHA WI 53186 DESIGN SERVICES 3512358 FISERV INC 75 REMITTANCE DR SUITE 1649 CHICAGO IL 60675 DATA PROCESSING 3115842 ALKAMI TECHNOLOGY INC 5601 GRANITE PKWY 120 PLANO TX 75024 DATA PROCESSING 2137057 FLYNN WRIGHT 1408 LOCUST STREET DES MOINES IA 50309 ADVERTISING AGENCY 1946028 NATIONAL BUSINESS SYSTEM 2919 W SERVICE RD EAGAN MN 55121 PRINTING & POSTAGE 1028755 74 INTEREST INCOME - LOANS TO MEMBER 522100 144054401 144054401 FEES AND CHARGES 522100 8920240 8920240 INTEREST INCOME - MEMBER INVESTME 522100 4424235 4424235 ATM - POINT OF SALE 522100 4331100 3900455 430645 SALE OF SERVICES 522100 3835772 3632816 202956 165565748 777255 777255 880575 538511 342064 342064 342064 36209443 904055 35965059 690740 244384 213315 457699 457699 VISA INTERCHANGE 522100 18201620 18201620 OVERDRAFT/NSF FEES 522100 13413904 13413904 MISCELLANEOUS INCOME 900099 2768508 2768508 34384032 201526798 199316179 633601 1577018 529679 3052234 37560251 5201551 7974290 2862448 705661 277164 258095 428116 3496514 4375850 3114349 4324222 296408 698232 39116621 4129522 UNRELATED BUSINESS TAXE 50959 PROVISION FOR LOAN LOSS 15529127 LOAN SERVICING 7732067 PAYMENT SYSTEMS 6020676 3164232 150898268 23112233 27130202 31885890 19285683 13426576 11217095 336569 837303 3103123465 3766075871 4468969 4985245 103441040 34513082 60838597 68927958 282478547 204771695 36924449 39596217 3556595295 4142827269 56910943 41906858 3718310 4434763 11155489 13203020 101650000 259231873 3038615436 3427359934 3212050178 3746136448 X 0 0 0 0 344545117 396690821 344545117 396690821 3556595295 4142827269 X 50628530 -1917774 3434948 X X 0 1 X 1 0 0 1 X 14792781 14792781 52739689 14606968 38132721 2937501 1197594 1739907 27700206 18708520 8991686 5270863 5270863 68927958 SHARE SAVINGS 734367808 SHARE DRAFT 551642517 MONEY MARKET 550222411 CERTIFICATES 1425995522 IRA 165131676 3427359934 X PART IV, LINE 2B: VERIDIAN CREDIT UNION COLLECTS AMOUNTS FROM MEMBERS WITH REAL ESTATE LOANS EACH MONTH VIA THEIR CONTRACTUAL PAYMENT SCHEDULE. THESE FUNDS ARE HELD IN ESCROW UNTIL THEY NEED TO BE DISBURSED IN ACCORDANCE WITH THE ESCROW INSTRUCTIONS FOR EACH MEMBER. AMOUNTS HELD IN ESCROW ARE FOR PROPERTY TAXES AND HOMEOWNER'S INSURANCE. PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(14) OF THE INTERNAL REVENUE CODE AND SECTION 122 OF THE CREDIT UNION ACT. THE CREDIT UNION'S INSURANCE BROKERAGE SUBSIDIARY, HOWEVER, IS SUBJECT TO STATE AND FEDERAL INCOME TAXES. OPERATIONS OF THE SUBSIDIARY RESULTED IN NO INCOME TAXES FOR EITHER 2018 OR 2017. THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC 740, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN, SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE CREDIT UNION MAY RECOGNIZE THE TAX BENEFITS FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE BEING MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. THIS STANDARD DID NOT HAVE AN IMPACT ON THE FINANCIAL STATEMENTS AND THE CREDIT UNION BELIEVES IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. THE CREDIT UNION RECOGNIZES INTEREST AND PENALTIES ON INCOME TAXES AS A COMPONENT OF INCOME TAX EXPENSE. 1 CEDAR RAPIDS METRO ECONOMIC ALLIANCE 501 1ST ST SE CEDAR RAPIDS IA 52401 420172900 501(C)(6) 5000 GENERAL SUPPORT CEDAR VALLEY UNITED WAY 425 CEDAR STREET SUITE 300 WATERLOO IA 50701 420801846 501(C)(3) 29000 GENERAL SUPPORT COMMUNITY FOUNDATION OF NORTHEAST IOWA 425 CEDAR STREET SUITE 310 WATERLOO IA 50701 426060414 501(C)(3) 73500 SUPPORT IN THE FOLLOWING AREAS: ART, COMMUNITY BETTERMENT, EDUCATION, ENVIRONMENT, HEALTH, HISTORIC PRESERVATION, AND HUMAN SCIENCE GREATER CEDAR VALLEY ALLIANCE 10 WEST 4TH STREET SUITE 310 WATERLOO IA 50701 421241941 501(C)(6) 27500 GENERAL SUPPORT GREATER DM PARTNERSHIP 601 LOCUST ST STE 700 DES MOINES IA 50309 421489668 501(C)(6) 5000 GENERAL SUPPORT IOWA CITY AREA DEVELOPMENT 136 S DUBUQUE ST IOWA CITY IA 52240 421234837 501(C)(6) 5000 GENERAL SUPPORT IOWA CREDIT UNION FOUNDATION 1500 NW 118TH STREET DES MOINES IA 50325 421438113 501(C)(3) 10000 GENERAL SUPPORT OPERATION THRESHOLD 1535 LAFAYETTE STREET PO BOX 4120 WATERLOO IA 50704 420982549 501(C)(3) 60000 GENERAL SUPPORT PAPPILLION SCHOOLS FOUNDATION 242 W GRANT ST PAPILLION NE 68046 470718860 501(C)(3) 10000 GENERAL SUPPORT UNITED WAY OF CENTRAL IOWA 1111 9TH STREET SUITE 1000 DES MOINES IA 50314 420680425 501(C)(3) 29000 GENERAL SUPPORT UNITED WAY OF EAST CENTRAL IOWA 317 7TH AVENUE SE NO 401 CEDAR RAPIDS IA 52401 420861239 501(C)(3) 8700 GENERAL SUPPORT UNITED WAY OF EAST CENTRAL IOWA - SPARK 5 317 7TH AVE SE 410 CEDAR RAPIDS IA 52401 420861239 501(C)(3) 10000 GENERAL SUPPORT UNITED WAY OF THE MIDLANDS 2201 FARNAM STREET SUITE 200 OMAHA NE 68102 470922285 501(C)(3) 13500 GENERAL SUPPORT WATERLOO COMMUNITY SCHOOL DISTRICT 1350 KATOSKI DR WATERLOO IA 50701 426003910 CITY OF WATERLOO 10000 WATERLOO CAREER CENTER 10 4 PART I, LINE 2: THE ORGANIZATION ISSUES FUNDS TO BE USED AT THE RECIPIENT'S DISCRETION. X X X X 0 1 0 MONTE BERG PRESIDENT/CEO 449356 0 55416 0 63321 0 209320 0 17979 0 795392 0 0 0 RENEE CHRISTOFFER CHIEF ADMINISTRATION OFFICER 204780 0 43410 0 107880 0 115228 0 11458 0 482756 0 0 0 DOUGLAS GILBERTSON CHIEF OPERATIONS OFFICER 247474 0 44220 0 39251 0 136146 0 6343 0 473434 0 0 0 KEITH MESCH CHIEF FINANCIAL OFFICER 182854 0 42981 0 56325 0 106437 0 17979 0 406576 0 0 0 MARK KOPPEDRYER SENIOR VP OF RETAIL 146319 0 25906 0 7868 0 50806 0 17979 0 248878 0 0 0 SHAWNA MATZ VP OF TALENT DEVELOPMENT 127542 0 22910 0 7205 0 44342 0 11458 0 213457 0 0 0 CHRIS MCGOVERN MANAGER OF MORTGAGE LENDING 162784 0 13764 0 364 0 24659 0 0 0 201571 0 0 0 KARA VANWERT SENIOR VP OF LENDING 131882 0 26462 0 549 0 38539 0 17979 0 215411 0 0 0 BRETT ENGSTROM SENIOR VP OF INFORMATION TECHNOLOGY 137814 0 25718 0 403 0 42300 0 16993 0 223228 0 0 0 LYNETTE GILBERTSON SENIOR VP OF COMMERCIAL SERVICES 136085 0 25933 0 27551 0 50768 0 6343 0 246680 0 0 0 LORI HONERMANN MORTGAGE LOAN ORIGINATOR 208065 0 6501 0 440 0 31520 0 16993 0 263519 0 0 0 WILLIAM KALIANOV SENIOR COMMERCIAL CREDIT OFFICER 148691 0 16867 0 1228 0 20582 0 17979 0 205347 0 0 0 GREGORY SLESSOR SENIOR VP OF LEGAL 149977 0 25985 0 300 0 45973 0 3579 0 225814 0 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN IN 2018: MONTE BERG - $168,070, RENEE CHRISTOFFER - $81,865, BRETT ENGSTROM - $20,507, DOUG GILBERTSON - $96,805, KEITH MESCH - $74,949, LYNN GILBERTSON - $27,818, CHRISTI HULME - $17,125, SARAH ALBERTSON-CORKERY - $17,125, KELLY MANGRICH - $18,215, SHAWNA MATZ - $24,080, GREG SLESSOR - $22,482, KARA VAN WERT - $18,608, AND MARK KOPPEDRYER - $27,577. THE DOLLAR AMOUNT REPRESENTS THE CURRENT YEAR CONTRIBUTION MADE BY VERIDIAN CREDIT UNION ON BEHALF OF THE INDIVIDUALS TO THE PLAN IN 2018. THIS INFORMATION IS INCLUDED IN DEFERRED COMPENSATION ON THE FORM 990, PART VII AND SCHEDULE J, PART II. BRETT ENGSTROM HIGHEST COMPENSATED EMPLOYEE NEW AUTO LOAN X 23823 22626 0 1 1 CHRISTOPHER MCGOVERN HIGHEST COMPENSATED EMPLOYEE REAL ESTATE LOAN X 210000 137869 0 1 1 CHRISTOPHER MCGOVERN HIGHEST COMPENSATED EMPLOYEE INDIRECT NEW AUTO LOAN X 28060 13659 0 1 1 DOUGLAS GILBERTSON OFFICER USED AUTO LOAN X 30710 11716 0 1 1 KARA VAN WERT KEY EMPLOYEE NEW AUTO LOAN X 73944 70600 0 1 1 KARA VAN WERT KEY EMPLOYEE REAL ESTATE LOAN X 197600 185747 0 1 1 KARA VAN WERT KEY EMPLOYEE PURCHASE MONEY X 46690 40707 0 1 1 KARA VAN WERT KEY EMPLOYEE INDIRECT NEW AUTO LOAN X 51281 50251 0 1 1 KEITH MESCH OFFICER USED AUTO LOAN X 16500 0 0 1 1 KEITH MESCH OFFICER NEW AUTO LOAN X 25000 23530 0 1 1 LORI HONERMANN HIGHEST COMPENSATED EMPLOYEE INDIRECT NEW AUTO LOAN X 27884 16159 0 1 1 LYNETTE GILBERTSON HIGHEST COMPENSATED EMPLOYEE USED AUTO LOAN X 6000 0 0 1 1 MARK KOPPEDRYER KEY EMPLOYEE USED AUTO LOAN X 18279 15662 0 1 1 MARK KOPPEDRYER KEY EMPLOYEE INDIRECT NEW AUTO LOAN X 25630 0 0 1 1 MARK KOPPEDRYER KEY EMPLOYEE HOME EQUITY LOAN X 120000 53741 0 1 1 MONTE BERG OFFICER NEW AUTO LOAN X 29660 0 0 1 1 MONTE BERG OFFICER HOME EQUITY LOAN X 165000 10728 0 1 1 SHAWNA MATZ KEY EMPLOYEE REAL ESTATE LOAN X 186000 165585 0 1 1 SHAWNA MATZ KEY EMPLOYEE INDIRECT NEW AUTO LOAN X 31381 18723 0 1 1 837303 FORM 990, PART VI, SECTION A, LINE 2 DOUG GILBERTSON AND LYNN GILBERTSON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 VERIDIAN CREDIT UNION IS A NOT-FOR-PROFIT FINANCIAL COOPERATIVE THAT IS OWNED BY ITS MEMBERS. VERIDIAN CREDIT UNION MEMBERSHIP IS OPEN TO PERSONS LIVING OR WORKING IN IOWA, AS WELL AS 6 EASTERN COUNTIES IN NEBRASKA. EMPLOYEES OF THE CREDIT UNION'S BUSINESS PARTNERS ARE ALSO ELIGIBLE FOR VERIDIAN CREDIT UNION MEMBERSHIP. REGISTERED USERS OF DWOLLA ARE ALSO ELIGIBLE FOR VERIDIAN CREDIT UNION MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF VERIDIAN CREDIT UNION IS AN EQUAL OWNER OF THE CREDIT UNION. EACH MEMBER HAS ONE VOTE IN THE ELECTION OF THE BOARD OF DIRECTORS, REGARDLESS OF HOW MUCH MONEY THEY HAVE ON DEPOSITS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING TYPES OF DECISIONS OF THE GOVERNING BODY OF VERIDIAN CREDIT UNION ARE SUBJECT TO APPROVAL BY ITS MEMBERS: CHANGE IN ARTICLES OF INCORPORATION, MERGER, CHANGE TO THE CREDIT UNION BY-LAWS, CHANGE IN CHARTER STATUS, ELECTION/REMOVAL OF MEMBERS OF THE BOARD, AND DISSOLUTION OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND ALL THE REQUIRED SCHEDULES ARE REVIEWED EACH YEAR BY THE CONTROLLER. AMOUNTS REPORTED ON THE 990 ARE SUPPORTED WITH VARIOUS WORK PAPERS CONTAINING INFORMATION OBTAINED FROM THE GENERAL LEDGER ACCOUNTING SOFTWARE AND PAYROLL PROCESSOR. THE CONTROLLER REVIEWS ALL WORK PAPERS TO ENSURE AMOUNTS REPORTED ON THE FORM 990 ARE PROPER. AFTER THE REVIEW, ANY QUESTIONS OR COMMENTS ARE SUBMITTED TO THE PREPARER FOR RESPONSES, AND THEN ANOTHER REVIEW OF THOSE ITEMS IS COMPLETED UNTIL ALL QUESTIONS AND COMMENTS ARE RESOLVED. THE COMPLETED FORM 990 WILL BE FILED ELECTRONICALLY WITH THE IRS AND IS POSTED TO THE VERIDIAN'S BOARD EXTRANET FOR THE BOARD MEMBERS TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C VERIDIAN CREDIT UNION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY AS FOLLOWS: THE VERIDIAN CONFLICT OF INTEREST POLICY REQUIRES ANNUAL DISCLOSURE STATEMENTS TO BE SIGNED BY THE BOARD OF DIRECTORS AND SUBMITTED TO THE CFO OR BOARD CHAIR WITHIN 30 DAYS OF JANUARY 1 OF EACH YEAR. ANY APPARENT CONFLICT OF INTEREST SHALL BE RESOLVED BY THE CFO AND/OR AUDIT COMMITTEE WITH THE INDIVIDUAL. VERIDIAN'S BOARD OF GOVERNANCE COMMITTEE ALSO OVERSEES THIS BOARD POLICY. THE INTERNAL AUDIT STAFF MONITORS COMPLIANCE WITH ALL POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING COMPENSATION FOR ALL EMPLOYEES OF THE CREDIT UNION, INCLUDING THE CEO AND OTHER KEY EMPLOYEES IS AS FOLLOWS: AN OUTSIDE, THIRD PARTY CONSULTANT IS ENGAGED TO HELP DETERMINE THE PAY SCALE AND MERIT INCREASES. THE CONSULTANTS PERFORM MARKET SURVEYS EACH YEAR FOR EACH OF OUR REGIONS TO DETERMINE IF ANY CHANGES NEED TO BE MADE TO THE PAY RANGES. VERIDIAN CREDIT UNION'S BOARD OF DIRECTORS APPROVE THE RANGE ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 VERIDIAN CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED MONTHLY AT ALL BRANCH LOCATIONS. FORM 990, PART XI, LINE 9: CHANGE IN FUNDED STATUS OF RETIREMENT PLAN 3,434,948. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR TAX YEAR. VERIDIAN FISCAL SOLUTIONS LLC 1827 ANSBOROUGH AVENUE WATERLOO IA 50701 471135117 PAYROLL SERVICES IA 543961 29242256 THE VERIDIAN GROUP INC MEMBERS INSURANCE SERVICES LLC 1827 ANSBOROUGH AVENUE WATERLOO IA 50701 421277528 INSURANCE SERVICES IA 61106 1531811 MEMBERS INSURANCE INC THE VERIDIAN GROUP INC 1827 ANSBOROUGH AVENUE WATERLOO IA 50701 421263291 INSURANCE AND PAYROLL PROCESSING IA VERIDIAN CREDIT UNION C 411409 4370472 1.00000 1 MEMBERS INSURANCE INC 1827 ANSBOROUGH AVENUE WATERLOO IA 50701 421277528 HOLDING COMPANY IA N/A C 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 THE VERIDIAN GROUP INC A 64440 FAIR MARKET VALUE THE VERIDIAN GROUP INC L 137184 FAIR MARKET VALUE