2019-11-15T10:04:53-06:00 2018-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2018-01-01 310278870 Wright-Patt Credit Union Inc % TIM ANDREWS WRIG 9379127000 3560 Pentagon Blvd Beavercreek OH 45431 DOUGLAS A FECHER PRESIDENT/CEO 9379127000 2019-11-15 true MICHAEL J SUMMERS P00838533 3173834000 2019-11-15 167.68.126.162 43033020193195000004 2019-11-15 P 8A6C881D83DDB70C08235EF2A0DCD5FFA25B3CE3 2549B8983BCEF4BD4CBB570D93CEB1A1E7F466AD 2018 2020-04-17 16:48:07Z DOUGLAS A FECHER 3560 PENTAGON BLVD BEAVERCREEK OH 454311706 259505705 false X WWW.WPCU.COOP X 1932 OH TO PROMOTE THRIFT SAVINGS, BORROWING, AND FINANCIAL SERVICES AMONG ITS MEMBERS. 8 8 1093 17 23531529 0 0 199604718 237437652 18002471 13619948 0 0 217607189 251057600 337359 316190 0 0 59434065 63499714 0 0 0 117999967 131101852 177771391 194917756 39835798 56139844 4028113490 4428100680 3581961043 3929763143 446152447 498337537 X THE ORGANIZATION'S MISSION IS TO HELP PEOPLE THROUGH LIFE, WHICH INCLUDES: TO PROMOTE THRIFT AMONG ITS MEMBERS; TO ESTABLISH, ON A COOPERATIVE BASIS, FACILITIES FOR SAVINGS; TO PROVIDE CREDIT FOR PROVIDENT AND PRODUCTIVE PURPOSES; TO PROVIDE ASSISTANCE TO ITS MEMBERS FOR EFFECTIVE USE OF THEIR ASSETS AND RESOURCES; AND ALL ACTIVITIES NECESSARY AND INCIDENTAL THERETO. false false DIVIDENDS PAID TO MEMBERS ON APPROXIMATELY 816,000 DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 380,255 MEMBERS (DIVIDENDS $41,092,792; INCLUDING A SPECIAL PATRONAGE DIVIDEND OF $8,803,173). DIRECT LABOR AND EMPLOYEE BENEFITS COSTS INCURRED TO PROVIDE DEPOSIT SERVICES, ORIGINATE LOANS, AND SERVICE LOANS FOR MEMBERS TOTALED $64,902,240. BRANCH OFFICE OCCUPANCY AND OPERATIONS SERVICES 31 BRICK AND MORTAR BRANCHES PLUS A CALL CENTER PROVIDES PHYSICAL LOCATION FOR PERSON TO PERSON FINANCIAL SERVICES. false false false false false false false false false true true false false true false false true false false false false false false false false false true false true false true false false false false false false false false true false false false true 178253 0 true 1093 true true true false false false false false false false false false false false X 8 8 false false false false true true true true true false true true true true true true true true true true true true X TIM ANDREWS 9379127000 3560 PENTAGON BLVD BEAVERCREEK OH 454311706 JOSEPH LINSENMEYER CHAIRMAN 2.0 0.0 X 619 0 0 JOSEPH MUCCI TREASURER 2.0 0.0 X 0 0 0 MICHAEL MCGRATH VICE CHAIRMAN 2.0 0.0 X 0 0 0 LEAH HANSEMAN SECRETARY 2.0 0.0 X 0 0 0 ROBERT SWEENEY ASSISTANT TREASURER 2.0 0.0 X 0 0 0 CHARLES SHOWELL DIRECTOR 2.0 0.0 X 0 0 0 ADAM SCHEETZ ASSISTANT SECRETARY 2.0 0.0 X 0 0 0 MARK THORNTON DIRECTOR (1/1 - 11/1) 2.0 0.0 X 0 0 0 CAROL CLARK DIRECTOR 2.0 0.0 X 0 0 0 ERIC BUGGER CHIEF LENDING OFFICER 40.0 0.0 X 293566 0 45911 DONALD MATTHEW DAVIDSON FORMER CHIEF FINANCIAL OFFICER 40.0 0.0 X 311216 0 29411 SCOTT EVERETT VP OF MBS/GENERAL COUNSEL 40.0 0.0 X 299449 0 43912 DOUG FECHER PRESIDENT & CEO 40.0 0.0 X 796682 0 41690 CHRISTOPHER JOHNSON VP OF ENTERPRISE RISK MNGMT 40.0 0.0 X 146978 0 23537 TIMOTHY MISLANSKY SR. VP & PRES. OF MYCUMORTGAGE 40.0 0.0 X 437276 0 269036 AMY REILLY VP OF ADMINISTRATION 40.0 0.0 X 260140 0 35539 KIMBERLY RILEY VP OF SERVICE DELIVERY 40.0 0.0 X 82191 0 91 ROSANNE SCHUTZMAN CHIEF INFORMATION OFFICER 40.0 0.0 X 318000 0 30955 DANIEL SMITH CHIEF FINANCIAL OFFICER 40.0 0.0 X 108267 0 10400 TRACY SZARZI-FORS VP OF MARKETING AND BUS DEV 40.0 0.0 X 189515 0 31018 DARRICK WEEKS CHIEF OPERATING OFFICER 40.0 0.0 X 349253 0 134602 JENNIFER OGDEN VP OF INTERNAL AUDIT 40.0 0.0 X 127433 0 32934 STEVEN SCHEID VP OF FINANCE, CUSO 40.0 0.0 X 226176 0 43820 TONYA COON VP OF CUSO OPERATIONS 40.0 0.0 X 265604 0 35598 STEVEN HARRELL DIRECTOR RETIREMENT SOLUTIONS 40.0 0.0 X 367543 0 42071 JOHN SAGRAVES SENIOR FINANCIAL ADVISOR 40.0 0.0 X 307576 0 46034 MICHAEL THOMPSON SENIOR FINANCIAL ADVISOR 40.0 0.0 X 253985 0 39606 FRANK PETRIE DR RETAIL MORTGAGE ORIGINATION 40.0 0.0 X 223456 0 43720 ANNETTE KINDEL OUTSIDE LOAN ORIGINATOR 40.0 0.0 X 177647 0 22593 5542572 0 1002478 54 false true false NCR CORPORATION PO BOX 740641 LOS ANGELES CA 90074 CONTRACTOR 3026721 SOFTWARE INFORMATION SYSTEMS LLC PO BOX 440214 NASHVILLE TN 37244 CONTRACTOR 1668108 JACK HENRY ASSOCIATES INC PO BOX 609 MONETT MO 65708 CONTRACTOR 1532887 THE OHLMANN GROUP 1605 N MAIN ST DAYTON OH 45405 CONTRACTOR 1433482 VISA USA PO BOX 742233 LOS ANGELES CA 90074 CONTRACTOR 4763642 69 0 INTEREST - LOANS 522100 146847853 146847853 SERVICE & MEMBER FEES 522100 71226318 48048861 23177457 INT-INVEST SECURITIES 522100 19007324 19007324 UNRELATED PARTNERSHIP INCOME 900099 356157 356157 237437652 0 0 0 0 0 0 8018017 14050036 8044906 403199 -26889 13646837 13619948 13646837 -2085 -24804 0 0 0 0 0 0 0 0 0 0 251057600 227550875 23531529 -24804 316190 0 0 0 5020819 0 43385511 3279465 8461106 3352813 0 205015 727200 0 0 204334 3192037 2740114 4801864 2857664 0 5642829 334881 0 105743 35302439 0 7750968 471385 BAD DEBT EXPENSE 22292234 LOAN SERVICING EXPENSE 14340449 OUTSIDE SERVICES 17723270 PATRONAGE DIVIDENDS 8803173 3606253 194917756 647815824 568931204 11900000 16300000 0 0 0 0 21869267 22465664 0 0 2892101623 3356753422 0 0 5481085 3015222 97399317 43501635 54239710 53897682 0 0 277567778 276528545 0 0 0 0 117138203 130208941 4028113490 4428100680 34681922 24359810 0 0 0 0 0 0 0 0 0 0 114477063 86188225 0 0 3432802058 3819215108 3581961043 3929763143 X 0 0 0 0 446152447 498337537 446152447 498337537 4028113490 4428100680 56139844 -3954754 X false true X true false 6189394 6189394 39818079 10551025 29267054 8574110 3221860 5352250 41853403 29728750 12124653 964331 964331 53897682 SECURITIES 276528545 F 276528545 0 MEMBERS' SHARE ACCOUNTS 3819215108 3819215108 247102846 -3954754 -3954754 251057600 251057600 194917756 194917756 194917756 SCHEDULE D, PART X FIN 48 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true WRIGHT STATE UNIVERSITY FOUNDATION 3640 COLONEL GLENN HWY DAYTON OH 45435 237019799 501(C)(3) 281700 GENERAL SUPPORT 1 0 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: WRIGHT-PATT CREDIT UNION, INC. PROVIDES GENERAL SUPPORT TO SECTION 501(C)(3) AND 501(C)(19) TAX EXEMPT ORGANIZATIONS AND VERIFIES THE ORGANIZATIONS STATUS USING THE GUIDESTAR WEBSITE. X X true true X X X true true false ERIC BUGGER CHIEF LENDING OFFICER 249309 0 30400 0 13857 0 22000 0 23911 0 339477 0 0 0 DONALD MATTHEW DAVIDSON FORMER CHIEF FINANCIAL OFFICER 67747 0 26500 0 216969 0 8788 0 20623 0 340627 0 0 0 SCOTT EVERETT VP OF MBS/GENERAL COUNSEL 234380 0 42000 0 23069 0 19025 0 24887 0 343361 0 0 0 DOUG FECHER PRESIDENT & CEO 620550 0 147000 0 29132 0 22990 0 18700 0 838372 0 0 0 CHRISTOPHER JOHNSON VP OF ENTERPRISE RISK MNGMT 143965 0 0 0 3013 0 5416 0 18121 0 170515 0 0 0 TIMOTHY MISLANSKY SR. VP & PRES. OF MYCUMORTGAGE 349267 0 66000 0 22009 0 244149 0 24887 0 706312 0 0 0 AMY REILLY VP OF ADMINISTRATION 216025 0 39000 0 5115 0 18846 0 16693 0 295679 0 0 0 ROSANNE SCHUTZMAN CHIEF INFORMATION OFFICER 254460 0 48200 0 15340 0 20619 0 10336 0 348955 0 0 0 TRACY SZARZI-FORS VP OF MARKETING AND BUS DEV 164013 0 21000 0 4502 0 13610 0 17408 0 220533 0 0 0 DARRICK WEEKS CHIEF OPERATING OFFICER 272545 0 60000 0 16708 0 109715 0 24887 0 483855 0 0 0 JENNIFER OGDEN VP OF INTERNAL AUDIT 125477 0 0 0 1956 0 10459 0 22475 0 160367 0 0 0 STEVEN HARRELL DIRECTOR RETIREMENT SOLUTIONS 80255 0 275324 0 11964 0 18532 0 23539 0 409614 0 0 0 JOHN SAGRAVES SENIOR FINANCIAL ADVISOR 0 0 306366 0 1210 0 22000 0 24034 0 353610 0 0 0 MICHAEL THOMPSON SENIOR FINANCIAL ADVISOR 0 0 252871 0 1114 0 17045 0 22561 0 293591 0 0 0 FRANK PETRIE DR RETAIL MORTGAGE ORIGINATION 93825 0 124827 0 4804 0 18110 0 25610 0 267176 0 0 0 ANNETTE KINDEL OUTSIDE LOAN ORIGINATOR 38040 0 136188 0 3419 0 14151 0 8442 0 200240 0 0 STEVEN SCHEID VP OF FINANCE, CUSO 187173 0 24750 0 14253 0 18159 0 25661 0 269996 0 0 0 TONYA COON VP OF CUSO OPERATIONS 221619 0 38440 0 5545 0 21148 0 14450 0 301202 0 0 0 SCHEDULE J, PART I, LINE 1A COMPENSATION BENEFITS RECEIVED: DOUG FECHER RECEIVES A GOLF MEMBERSHIP AND CERTAIN BOARD MEMBERS RECEIVE COMPANION TRAVEL. BOTH ARE INCLUDED IN TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENTS: DONALD MATTHEW DAVIDSON RECEIVED A SEVERANCE PAYMENT WHICH IS INCLUDED WITH REPORTABLE COMPENSATION ON THE FORM 990, PART VII AND REPORTED AS OTHER REPORTABLE COMPENSATION ON SCHEDULE J, PART II. SCHEDULE J, PART I, LINE 4B PARTICIPATION IN SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: WRIGHT-PATT CREDIT UNION PARTICIPATES IN A 457(F) PLAN. TIMOTHY MISLANSKY AND DARRICK WEEKS PARTICIPATED AND HAD FUNDS ADDED IN 2018. WRIGHT-PATT CREDIT UNION ALSO PARTICIPATES IN A SPLIT DOLLAR LIFE INSURANCE PLAN ON SEVERAL OFFICERS WHICH ARE REPORTED ON SCHEDULE L, PART II. THERE WAS NO TAXABLE COMPENSATION IN 2018. D MATTHEW DAVIDSON FORMER CFO SPLIT DOLLAR LIFE IN X 4969101 5389575 false true true TIMOTHY MISLANSKY SVP/PRESIDENT MYCU SPLIT DOLLAR LIFE IN X 1771717 1917310 false true true DARRICK WEEKS COO SPLIT DOLLAR LIFE IN X 2018045 2171386 false true true DOUGLAS FECHER PRESIDENT/CEO SPLIT DOLLAR LIFE IN X 11941840 12987399 false true true 22465670 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS: MEMBERSHIP IS OPEN TO THOSE PERSONS, OR CORPORATIONS, UNINCORPORATED SOCIETIES OR ASSOCIATIONS, OR ANY OTHER ORGANIZATION OF INDIVIDUALS THAT MEET THE ELIGIBILITY REQUIREMENTS SET FORTH IN THE ARTICLES OF INCORPORATION, APPLY FOR MEMBERSHIP, AND ARE APPROVED FOR MEMBERSHIP IN A MANNER SPECIFIED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY: THE BOARD OF DIRECTORS IS THE GOVERNING BODY AND CONSISTS OF 9 VOLUNTEER DIRECTORS. EACH YEAR THREE DIRECTORS WILL BE ELECTED BY THE MEMBERS TO REPLACE THE THREE DIRECTORS WHOSE TERMS ARE EXPIRING. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS RESERVED FOR MEMBERS: A MAJORITY OF MEMBERS ELIGIBLE TO VOTE WOULD BE REQUIRED FOR BUSINESS THAT WOULD AFFECT THE CONTINUATION OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CHIEF FINANCIAL OFFICER AND IS THEN PRESENTED TO THE BOARD OF DIRECTORS DURING A BOARD MEETING PRIOR TO BEING FILED. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: CONFLICT OF INTEREST QUESTIONNAIRES ARE ANNUALLY OBTAINED AND REVIEWED WITH ALL MEMBERS OF THE BOARD OF DIRECTORS, SENIOR EXECUTIVE MANAGEMENT, AND VICE PRESIDENTS. ALL PERSONS IN THESE JOB CLASSIFICATIONS ARE REQUIRED TO COMPLETE A DISCLOSURE FORM WITH REGARD TO ACCOUNTS HELD, ACTIVE LOANS, AND ANY ADDITIONAL OUTSIDE OCCUPATIONS. THESE DOCUMENTS ARE SUBMITTED FOR REVIEW. POLICY INCLUDES STEPS TO AVOID CONFLICT OF INTEREST AND IF CHANGES OCCUR REGARDING POTENTIAL CONFLICTS OF INTEREST, IT IS THE RESPONSIBILITY OF THE DIRECTOR, COMMITTEE MEMBER, OR EMPLOYEE TO REPORT SUCH CHANGES TO THE PROPER CHANNEL. FORM 990, PART VI, SECTION B, LINE 15A & 15B PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND OTHER OFFICERS: THE PROCESS FOR DETERMINING COMPENSATION WAS DONE USING COMPARABILITY DATA AND AN INTERNAL JOB EVALUATION COMMITTEE. THE SALARY OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER IS THEN APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION REVIEW FOR ALL CHIEF LEVEL POSITIONS WAS CONDUCTED IN 2015 BY HUMAN RESOURCES USING A THIRD PARTY CONSULTING SERVICE. ALL OTHER POSITIONS WERE REVIEWED IN MID-2016 USING THE SAME PROCESS. ONGOING MARKET PRICING AND POSITION SALARY GRADING IS DONE AS-NEEDED BY THE COMPANY'S BENEFITS AND COMPENSATION MANAGER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: ARTICLES OF INCORPORATION, CODE OF REGULATION AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. INTERNALLY PREPARED FINANCIAL STATEMENTS ARE POSTED MONTHLY IN THE BRANCHES. QUARTERLY REPORTS TO NCUA ARE AVAILABLE ON NCUA'S WEBSITE. AUDITED YEAR END FINANCIAL STATEMENTS ARE POSTED TO OUR COMPANY'S WEBSITE ALONG WITH THE ANNUAL REPORT. MYCUMORTGAGE LLC 3560 PENTAGON BLVD BEAVERCREEK OH 454311706 311690008 MRTG PROCESS OH 28438873 78219261 WRIGHT-PATT