2018-11-09T18:36:00-06:00 2017-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2017-01-01 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 2018-11-09 1 WENDY CAMPOS P00448102 5097472600 2018-11-07 12.129.7.100 2018-11-09 14:49:34 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C07EA3D2EFE7589B691C7C6F5A7C1991A329BAB3 2017 2019-02-21 02:37:17Z BENSON PORTER 12770 GATEWAY DR S MAILSTOP 1011-1 TUKWILA WA 98168 757129190 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 2220 0 1569870 829803 0 0 560993449 632310731 71955770 92813840 963507 3333052 633912726 728457623 2519118 4167680 0 0 150596023 198675839 0 0 0 270833955 319700311 423949096 522543830 209963630 205913793 16355135100 17840296958 14654277350 15929293578 1700857750 1911003380 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 1,081,077 MEMBERS; 124,174 NEW MEMBERS FOR 2017; 154,853 LOANS ORIGINATED TOTALING $8,272,292,727. 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 0 1 0 0 1 3 0 1 2220 1 1 1 0 0 0 0 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 DAVID YONCE CHAIRPERSON 6.00 X X 50000 0 0 PORSCHE EVERSON VICE CHAIRPERSON THROUGH 4/20/17 6.00 X X 24849 0 0 WILLIAM LONGBRAKE DIRECTOR 6.00 X 45000 0 0 ROGER MAULDIN DIRECTOR 6.00 X 42500 0 0 DESIREE SERR DIRECTOR 6.00 X 42125 0 0 DENIS FARMER DIRECTOR 6.00 X 42500 0 0 DEBRA SOMBERG DIRECTOR 6.00 X 42500 0 0 JESSIE WOOLLEY-WILSON DIRECTOR 6.00 X 17912 0 0 WILL DAUGHERTY DIRECTOR 6.00 X 17912 0 0 MICHELLE ETEN - THROUGH 42017 DIRECTOR/AUDIT COMMITTEE CHAIR 6.00 X 24849 0 0 SUSAN ERLICH DIRECTOR/AUDIT COMMITTEE MEMBER 6.00 X 42500 0 0 JOHN PORTER PRESIDENT/CEO 40.00 X 1316542 0 227466 MIKE RYAN GENERAL COUNSEL/CORP SECRETARY 40.00 X 345268 0 44643 TONY HARRIS SR. CORP. COUNSEL/ASST. SECRETARY 40.00 X 164869 0 40731 PARKER CANN SVP/GENERAL COUNSEL THROUGH 1/3/17 40.00 X 887029 0 3672 THOMAS BERQUIST SVP MARKETING & CO-OP AFFAIRS 40.00 X 560433 0 61600 MICHAEL STRAND SVP CHIEF LENDING OFFICER 40.00 X 591273 0 111088 THOMAS MORGAN SVP/CIO 40.00 X 547496 0 108411 MELBA BARTELS SVP/CFO 40.00 X 298940 0 11443 MELANIE WALSH SVP HUMAN RESOURCES 40.00 X 607069 0 67651 DOUGLAS MARSHALL SVP RETAIL 40.00 X 531218 0 129316 JOHN STEWART SVP/CHIEF RISK OFFICER 40.00 X 496782 0 82504 LORRAINE STEWART VP MORTGAGE LENDING 40.00 X 283956 0 52647 DANA GRAY VP SMALL BUSINESS 40.00 X 379635 0 62034 LINNEA WEXLER SR. COMM. RELATIONSHIP MGR 40.00 X 403763 0 40692 MICHAEL QUAMMA VP TREASURY THROUGH 10/18/17 40.00 X 676769 0 47961 DEBORAH TAGLIALAVORE DIRECTOR BUSINESS LENDING 40.00 X 339319 0 50939 SHAWN MULQUEENEY VP IT BUSINESS SOLUTIONS 40.00 X 339673 0 64822 KATHY ELSER FORMER SVP/CFO 0.00 X 625000 0 0 9787681 0 1207620 435 1 1 0 PSCU FINANCIAL SERVICES 560 CARILLON PKWY ST PETERSBURG FL 33716 ONLINE BANKING 12884941 FISERV CNS 5325 S MOORLAND RD NEW BERLIN WI 53151 FINANCIAL SERVICES 11524390 MASTERCARD INTERNATIONAL 2000 PURCHASE STREET PURCHASE NY 10577 FINANCIAL SERVICES 9413068 DNA BRAND MECHANICS 1301 FIFTH AVE SUITE 2600 SEATTLE WA 98101 BRANDING & ADVERTISING 8912308 CONNEXIONS LOYALTY 7814 CAROUSEL LANE RICHMOND VA 23294 ADMINISTRATION OF LOYALTY REWARDS 7921972 286 LOAN INTEREST INCOME 522291 460747147 460747147 FEE INCOME 522100 126390143 125395313 994830 CONTRACT INCENTIVE INCOME 525990 14772526 14772526 DERIVATIVE INCOME 525990 12882379 12882379 BROKER INCOME 523000 8347466 8347466 9171070 9024227 146843 632310731 89915451 89915451 5298746 2393891 2904855 2904855 2904855 20116448 9059617 16819675 9458001 3296773 -398384 2898389 2898389 CUSO INVESTMENTS 525990 428197 428197 428197 728457623 631169058 1569870 95718695 X 4167680 7378659 147763300 10203015 20809399 12521466 2490676 1784596 154914 447734 28271363 22999198 16750733 25843115 16401327 1830088 1653395 58711185 19535145 1003230 UBI TAX EXPENSE 378915 PRODUCT COST & SERVICIN 81613001 PROVISION FOR LOAN LOSS 37554144 REFUNDED INTEREST 1255622 1021930 522543830 285398264 259713541 829083639 628007698 10250991 10890856 10327181734 11932161117 18033851 27738688 310236379 150091752 139355722 160144627 115413884 88085845 4014632657 4008753808 3327032 3327032 612457326 721473746 16355135100 17840296958 92884561 116374629 5978334 7852622 166607430 151219341 14388807025 15653846986 14654277350 15929293578 X 0 0 0 0 1700857750 1911003380 1700857750 1911003380 16355135100 17840296958 X 205913793 23744677 -19512840 X 0 1 X 1 0 36600 36600 36600 1 COMMITTEE TO ELECT STEVE HOBBS 3309 114TH DR NE LAKE STEVENS WA 98258 204733784 500 DEMOCRATIC GOVERNORS ASSOCIATION 1225 EYE ST NW SUITE 1100 WASHINGTON DC 20005 521304889 25000 FRIENDS FOR THOMAS MCLEOD PO BOX 88903 TUKWILA WA 98138 821394108 250 FRIENDS OF ANN RIVERS PO BOX 40418 OLYMPIA WA 98504 271512372 -400 FRIENDS OF DOW CONSTANTINE 603 STEWART ST STE 819 SEATTLE WA 98101 264389886 1000 FRIENDS OF DUANE DAVIDSON PO BOX 277 RICHLAND WA 99352 810970401 500 FRIENDS OF JINYOUNG ENGLUND PO BOX 302 WOODINVILLE WA 98072 821123212 500 FRIENDS OF MANKA DHINGRA 17221 NE 115TH CT REDMOND WA 98052 815223744 500 FRIENDS OF PATTY KUDERER PO BOX 23037 SEATTLE WA 98102 475315866 500 FRIENDS OF PHIL FORTUNATO PO BOX 2201 AUBURN WA 98071 821366387 500 FRIENDS OF VANDANA SLATTER 11900 NE 1ST STREET SUITE 300 BELLEVUE WA 98005 461880322 250 FRIENDS OF ZAK IDAN PO BOX 88903 TUKWILA WA 98138 821171155 250 HOUSE DEMOCRATIC CAMPAIGN COMMITTEE 4130 1ST AVENUE SOUTH SUITE D SEATTLE WA 98134 916178946 1000 HOUSE REPUBLICAN ORGANIZATIONAL COMMITTE PO BOX 7222 OLYMPIA WA 98507 916177625 1000 JAN ANGEL FOR STATE SENATE 5184 GRANADA PL SE PORT ORCHARD WA 98367 461415980 500 PEOPLE FOR DE'SEAN QUINN PO BOX 88903 TUKWILA WA 98138 821203336 250 PEOPLE FOR REBECCA SALDANA PO BOX 20776 SEATTLE WA 98102 814617205 500 SENATE REPUBLICAN CAMPAIGN COMMITTEE PO BOX 11025 OLYMPIA WA 98508 910987396 1000 SHELLY FOR STATE PO BOX 37 ADDY WA 99101 680674661 500 STEVE KIRBY CAMPAIGN 9415 TACOMA AVE SOUTH TACOMA WA 98444 711000906 1000 WASHINGTON SENATE DEMOCRATIC CAMPAIGN 4130 1ST AVENUE SOUTH SUITE D SEATTLE WA 98134 462614068 1000 COMMITTEE TO ELECT JACQUELIN MAYCUMBER 181 FISH HATCHERY ROAD REPUBLIC WA 99166 821133084 250 PEOPLE TO ELECT VERNA SEAL PO BOX 88903 TUKWILA WA 98138 821201044 250 PART I-A, LINE 1: IN 2017, BECU CONTRIBUTED PRIMARILY TO THE ELECTION CAMPAIGNS OF VARIOUS INDIVIDUALS RUNNING FOR WASHINGTON STATE ELECTED POSITIONS. 22794549 22794549 105670639 28010084 77660555 31335932 23324108 8011824 124229680 93450613 30779067 26205579 5306947 20898632 160144627 4021071 F INVESTMENT IN STOCK 16048800 F HELD TO MATURITY & AVAILABLE FOR SALE INVESTMENTS 3988683937 F 4008753808 SHARES AND DEPOSITS 15592583636 DIVIDENDS PAYABLE 2653557 OTHER LIABILITIES 2099142 OUTSTANDING CHECKS 56510651 15653846986 X 736802772 7442485 2393891 9836376 726966396 1491227 1491227 728457623 523874691 2393891 2393891 521480800 1063030 1063030 522543830 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, 2017 OR 2016. 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, 2017 OR 2016. 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 2,393,891. PART XI, LINE 4B - OTHER ADJUSTMENTS: CUSO INVESTMENT INCOME 428,197. INTEREST EXPENSE 1,063,030. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,393,891. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE 1,063,030. 1 BECU FOUNDATION 12770 GATEWAY DR S TUKWILA WA 98168 911703337 501(C)(3) 191746 PROVIDE ADMINISTRATIVE OPERATIONS FOR THE BECU FOUNDATION/EMPLOYEE GIFT MATCH. BUSINESS IMPACT NW 1437 S JACKSON STREET SEATTLE WA 98144 911764008 501(C)(3) 50000 DONATION CAL ST FULLERTON PHILANTHROPICFOUNDATION 2600 NUTWOOD AVE SUITE 830 FULLERTON CA 92831 330567945 501(C)(3) 25000 DONATION COCOON HOUSE 2929 PINE ST EVERETT WA 98201 911497667 501(C)(3) 10000 DONATION COLLEGE ACCESS NOW 3211 MARTIN LUTHER KING JR WAY S SUITE A SEATTLE WA 98144 680624494 501(C)(3) 42246 DONATION COLLEGE SUCCESS FOUNDATION 15500 SE 30TH PL 200 BELLEVUE WA 98007 912036088 501(C)(3) 85000 DONATION COMMUNITY COLLEGES OF SPOKANE FOUNDATION 501 N RIVERPOINT BLVD SUITE 203 SPOKANE WA 99217 910886962 501(C)(3) 10000 DONATION EXPRESS CREDIT UNION 1930 6TH AVE S 104 SEATTLE WA 98134 910573334 501(C)(14) 647736 DONATION FINANCIAL BEGINNINGS 2505 SW SPRING GARDEN STREET SUITE 210 PORTLAND OR 97219 203530960 501(C)(3) 30000 DONATION FORTERRA NW 901 5TH AVE 2200 SEATTLE WA 98164 943112461 501(C)(3) 181250 DONATION HABITAT FOR HUMANITY SEATTLE-KING COUNTY 560 NACHES AVE SW SUITE 110 RENTON WA 98057 911342397 501(C)(3) 75000 DONATION HANDS ON CHILDREN'S MUSEUM 414 JEFFERSON ST NE OLYMPIA WA 98501 911405065 501(C)(3) 7000 DONATION HIGHLINE HIGH SCHOOL 15675 AUMBAUM BLVD SW BURIEN WA 98166 912020506 501(C)(3) 6231 DONATION HOPEWORKS SOCIAL ENTERPRISES 3331 BROADWAY EVERETT WA 98201 800684608 501(C)(3) 17500 DONATION HOUSING DEVELOPMENT CONSORTIUM OF SEATTLE-KING COUNTY 1402 3RD AVE 1230 SEATTLE WA 98101 943073588 501(C)(3) 45000 DONATION HOUSING HOPE 5830 EVERGREEN WAY EVERETT WA 98203 943060709 501(C)(3) 85000 DONATION JUNIOR ACHIEVEMENT OF WASHINGTON 1700 WESTLAKE AVE N SEATTLE WA 98109 910604913 501(C)(3) 218000 DONATION MENTOR WASHINGTON 15500 SE 30TH PL 200 BELLEVUE WA 98007 020833517 501(C)(3) 15000 DONATION MUSEUM OF FLIGHT 9404 E MARGINAL WAYS SEATTLE WA 98108 910785826 501(C)(3) 10000 DONATION NATIONAL CREDIT UNION FOUNDATION INC 5710 MINERAL POINT ROAD MADISON WI 53705 391383650 501(C)(3) 256225 DONATION NORTH SEATTLE EDUCATION FUND 9600 COLLEGE WAY N SEATTLE WA 98103 412178833 501(C)(3) 10000 DONATION NORTHWEST COOPERATIVE DEVELOPMENT CENTER 407 4TH AVE E 201 OLYMPIA WA 98501 911355457 501(C)(3) 50000 DONATION NORTHWEST CREDIT UNION ASSOCIATION 18000 INTERNATIONAL BLVD SUITE 350 SEATAC WA 98188 910460483 501(C)(6) 22000 DONATION NW CREDIT UNION FOUNDATION 18000 INTERNATIONAL BLVD SUITE 350 SEATTLE WA 98188 911649328 501(C)(3) 100100 DONATION OPEN DOORS FOR MULTICULTURAL FAMILIES 24437 RUSSELL RD 110 KENT WA 98032 271206272 501(C)(3) 35000 DONATION/COMMUNITY BENEFIT AWARD OUTDOORS FOR ALL FOUNDATION 6344 NE 74TH ST 102 SEATTLE WA 98115 911085999 501(C)(3) 15000 DONATION/COMMUNITY BENEFIT AWARD PLYMOUTH HOUSING GROUP 2113 3RD AVE SEATTLE WA 98121 911122621 501(C)(3) 6000 DONATION PROJECT HOPE SPOKANE 1428 W BROADWAY AVE SPOKANE WA 99201 261417578 501(C)(3) 7600 DONATION REBUILDING TOGETHER SOUTH SOUND 4019 S ORCHARD ST TACOMA WA 98466 912147601 501(C)(3) 25000 DONATION RICHARD MYLES JOHNSON FOUNDATION 2855 E GUASTI RD SUITE 600 ONTARIO CA 91761 956141173 501(C)(3) 9486 DONATION SEATTE CENTRAL COLLEGE FOUNDATION 1701 BROADWAY SEATTLE WA 98122 911037870 501(C)(3) 10000 DONATION SEATTLE FOUNDATION 1601 FIFTH AVENUE SUITE 1900 SEATTLE WA 98101 916013536 501(C)(3) 25311 DONATION SEATTLE GOOD BUSINESS NETWORK 220 2ND AVE S 202 SEATTLE WA 98104 272172486 501(C)(3) 7500 DONATION SEATTLE GOODWILL INDUSTRIES 700 DEARBORN PLACE S SEATTLE WA 98144 910568708 501(C)(3) 10500 DONATION SOCIAL VENTURE PARTNERS 220 2ND AVE S 3 SEATTLE WA 98104 911894424 501(C)(3) 15000 DONATION SOLID GROUND 1501 NORTH 45TH STREET SEATTLE WA 98103 237421892 501(C)(3) 10000 DONATION SOUTH SOUND OUTREACH SERVICES 1106 MLK JR WAY TACOMA WA 98405 911741624 501(C)(3) 5100 DONATION SOUTH SEATTLE COLLEGE FOUNDATION 6000 16TH AVENUE SW SEATTLE WA 98106 911122981 501(C)(3) 10000 DONATION SPOKANE NEIGHBORHOOD ACTION PARTNERS 3102 W FORT GEORGE WRIGHT DR SPOKANE WA 98224 911311127 501(C)(3) 108850 DONATION FOUNDATION FOR PRIVATE ENTERPRISE EDUCATION 923 POWELL AVE SW SUITE 100 RENTON WA 98057 911048245 501(C)(3) 15000 DONATION UNITED WAY 701 N FAIRFAX STREET ALEXANDRIA VA 22314 910565555 501(C)(3) 25000 DONATION UNITED WAY OF SKAGIT COUNTY 831 S BURLINGTON BLVD BURLINGTON WA 98233 910755705 501(C)(3) 15000 DONATION UNITED WAY OF SNOHOMISH COUNTY 3120 MCDOUGALL AVE EVERETT WA 98201 910606507 501(C)(3) 100000 DONATION UNIVERSITY OF WASHINGTON FOUNDATION 4333 BROOKLYN AVE NE SEATTLE WA 98105 943079432 501(C)(3) 10000 DONATION WASHINGTON ALLIANCE FOR BETTER SCHOOLS 18560 1ST AVE NE SHORELINE WA 98155 911698851 501(C)(3) 8500 DONATION WASHINGTON DECA 200 W MERCER ST 207 SEATTLE WA 98118 911308496 501(C)(3) 22500 DONATION WORLDWIDE FOUNDATION FOR CREDIT UNIONS INC 5710 MINERAL POINT RD MADISON WI 53705 396093210 501(C)(3) 15000 DONATION YOUTH CARE 2500 NE 54TH ST SEATTLE WA 98105 910917079 501(C)(3) 20500 DONATION ARTS WEST 4711 CALIFORNIA AVE SW SEATTLE WA 98116 911440032 501(C)(3) 7100 EMPLOYEE GIFT MATCH BELLEVUE CHRISTIAN SCHOOL 1701 98TH AVE NE BELLEVUE WA 98004 916001781 501(C)(3) 5461 EMPLOYEE GIFT MATCH CAMP KOREY 19031 33RD AVE W 211 LYNNWOOD WA 98036 203829742 501(C)(3) 10050 EMPLOYEE GIFT MATCH HOLY FAMILY SCHOOL 2606 CARPENTER ROAD SE LACEY WA 98503 910973981 501(C)(3) 5450 EMPLOYEE GIFT MATCH LIGHTHOUSE FAMILY MINISTRIES NORTHWEST 22807 43RD AVE S KENT WA 98032 462942522 501(C)(3) 7049 EMPLOYEE GIFT MATCH NORTHWEST HARVEST EMM PO BOX 12272 SEATTLE WA 98102 910826037 501(C)(3) 5300 EMPLOYEE GIFT MATCH PACIFIC SCIENCE CENTER FOUNDATION 200 SECOND AVENUE N SEATTLE WA 98109 910750867 501(C)(3) 5458 EMPLOYEE GIFT MATCH SEATTLE'S UNION GOSPEL MISSION 3800 SOUTH OTHELLO STREET SEATTLE WA 98118 910595029 501(C)(3) 8908 EMPLOYEE GIFT MATCH SOKA GAKKAI INTERNATIONAL-USA 606 WILSHIRE BLVD SANTA MONICA CA 90401 952265667 501(C)(3) 6146 EMPLOYEE GIFT MATCH LEUKEMIA & LYMPHOMA SOCIETY INC 3 INTERNATIONAL DRIVE SUITE 200 RYE NY 10573 135644916 501(C)(3) 6520 EMPLOYEE GIFT MATCH VASHON ISLAND PET PROTECTORS 12201 SW 243RD ST VASHON WA 98070 911257858 501(C)(3) 5150 EMPLOYEE GIFT MATCH WILEY CREEK GRATITUDE CAMPOUT NA 7414 137TH AVE NE LAKE STEVENS WA 98258 201726320 501(C)(3) 11150 EMPLOYEE GIFT MATCH WORLD VISION FOUNDATION PO BOX 9716 FEDERAL WAY WA 98063 481255565 501(C)(3) 5271 EMPLOYEE GIFT MATCH 59 2 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 667323 0 634081 0 15138 0 208955 0 18511 0 1544008 0 0 0 MIKE RYAN GENERAL COUNSEL/CORP SECRETARY 248400 0 96012 0 856 0 32834 0 11809 0 389911 0 0 0 TONY HARRIS SR. CORP. COUNSEL/ASST. SECRETARY 136385 0 26903 0 1581 0 32274 0 8457 0 205600 0 0 0 PARKER CANN SVP/GENERAL COUNSEL THROUGH 1/3/17 8814 0 858138 0 20077 0 2622 0 1050 0 890701 0 0 0 THOMAS BERQUIST SVP MARKETING & CO-OP AFFAIRS 280831 0 277532 0 2070 0 46967 0 14633 0 622033 0 0 0 MICHAEL STRAND SVP CHIEF LENDING OFFICER 343262 0 245941 0 2070 0 95840 0 15248 0 702361 0 0 0 THOMAS MORGAN SVP/CIO 312298 0 231328 0 3870 0 95029 0 13382 0 655907 0 0 0 MELBA BARTELS SVP/CFO 254361 0 42674 0 1905 0 3825 0 7618 0 310383 0 0 0 MELANIE WALSH SVP HUMAN RESOURCES 268137 0 337604 0 1328 0 53768 0 13883 0 674720 0 0 0 DOUGLAS MARSHALL SVP RETAIL 306905 0 218373 0 5940 0 116976 0 12340 0 660534 0 0 0 JOHN STEWART SVP/CHIEF RISK OFFICER 277266 0 217616 0 1900 0 64790 0 17714 0 579286 0 0 0 LORRAINE STEWART VP MORTGAGE LENDING 199483 0 82929 0 1544 0 41377 0 11270 0 336603 0 0 0 DANA GRAY VP SMALL BUSINESS 257436 0 118245 0 3954 0 48482 0 13552 0 441669 0 0 0 LINNEA WEXLER SR. COMM. RELATIONSHIP MGR 93974 0 297566 0 12223 0 20135 0 20557 0 444455 0 0 0 MICHAEL QUAMMA VP TREASURY THROUGH 10/18/17 206223 0 235145 0 235401 0 35671 0 12290 0 724730 0 0 0 DEBORAH TAGLIALAVORE DIRECTOR BUSINESS LENDING 185622 0 152416 0 1281 0 39139 0 11800 0 390258 0 0 0 SHAWN MULQUEENEY VP IT BUSINESS SOLUTIONS 215221 0 123359 0 1093 0 50867 0 13955 0 404495 0 0 0 KATHY ELSER FORMER SVP/CFO 0 0 0 0 625000 0 0 0 0 0 625000 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: KATHY ELSER RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $625,000. MICHAEL QUAMMA RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $208,730. PART I, LINE 4B: PRESIDENT/CEO: $161,087 ACCRUAL OF 457(F) SERP. SVP MARKETING & CO-OP AFFAIRS : RECEIVED PAYMENT DUE TO VESTING OF THE SERP IN THE AMOUNT OF $66,549. SVP CHIEF LENDING OFFICER: $52,493 ACCRUAL OF 457(F) SERP. SVP/CIO: $38,869 ACCRUAL OF 457(F) SERP. SVP HUMAN RESOURCES: RECEIVED PAYMENT DUE TO VESTING OF THE SERP IN THE AMOUNT OF $150,308. SVP RETAIL: $56,109 ACCRUAL OF 457(F) SERP. SVP/CHIEF RISK OFFICER: $30,133 ACCRUAL OF 457(F) SERP. 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 2017. 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 21,636,683. OTHER OUTSIDE SERVICES 6,634,680. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME PENSION & SERP BENEFIT PLANS. -19,084,643. CURRENT YEAR CUSO INCOME -428,197. EMPLOYEE BENEFIT FUNDING TRUST 14025 RIVEREDGE DRIVE SUITE 280 TAMPA FL 33637 EMPLOYEE MEDICAL & PAID TIME-OFF BENEFIT OBLIGATIONS WA 9512898 287976662 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