2018-11-15T09:57:24-07:00 2017-12-31 990 2017-01-01 351082578 INTERRA CREDIT UNION INTE 5745342506 PO Box 727 Goshen IN 465270727 Jim Henning SVP Chief Financial Officer 5745342506 2018-11-15 207.32.248.163 2017 2019-02-21 02:37:17Z Jim Henning PO Box 727 Goshen IN 465270727 52668374 0 X www.interracu.com X 1932 IN cooperative financial institution with a mission to be our members' most trusted and valued financial resource 7 7 335 10 197155 117312 0 0 40808565 47422362 1780616 2001765 0 0 42589181 49424127 0 0 3403586 3710723 17032341 17700158 0 0 0 17636696 20483017 38072623 41893898 4516558 7530229 918936365 1049405307 11665604 90198481 907270761 959206826 cooperative financial institution with a mission to be our members' most trusted and valued financial resource 0 0 Number of members served for loans was 44,323 in the amount of $867,322,458 and number of members served for savings was 76,537 in the amount of $857,073,280. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 17973 0 1 335 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 0 0 1 1 1 1 1 0 X Alan Zimmerman 5745342506 300 W Lincoln Ave Goshen IN 46526 Kathy Brewton Board Member Vice Chairperson 1 0 X 115 0 0 Tim Yoder Board Chairman 2 0 X 140 0 0 Loren Eash Board Secretary 1 0 X 552 0 0 Carl Stoltzfus Board Treasurer 1 0 X 140 0 0 Linda Garber Board Member 1 0 X 50 0 0 Vince Beasley Board Member 1 0 X 25 0 0 David Eby Board Member 1 0 X 0 0 0 Michelle Adams Supervisory Member 0.2 0 X 115 0 0 Darin Short Supervisory Chairperson 0.2 0 X 140 0 0 Susan Cripe Supervisory Member 0.2 0 X 115 0 0 Amy Sink President / CEO 40 0 X 374930 0 445918 Andrew Gangwer Chief Administrative Officer 40 0 X X 207816 0 2738 James Henning Chief Financial Officer 40 0 X 161749 0 8400 David Birky Chief Strategy Officer 40 0 X 216983 0 20199 Phil Wiens Chief Retail Officer 40 0 X 182209 0 16734 Andy Marshall Chief Operating Officer 40 0 X 238518 0 21468 Robert Spencer VP of Mortgage Lending 40 0 X 169617 0 16970 Peggy Guyas Mortgage Loan Officer 40 0 X 319621 0 30070 Stephanie Weldy Mortgage Loan Originator 40 0 X 227591 0 22057 Peggy Milton Mortgage Loan Originator 40 0 X 212833 0 5842 Duane Wilcoxson Chief Information Officer 40 0 X 161068 0 8111 2474327 0 598507 25 1 1 0 PSCU Financial Services 560 Carillon Parkway St Petersburg FL 33716 credit and debit card processing 2683609 Jack Henry & Associates PO Box 503328 St Louis MO 631503328 computer equipment and software 987756 Q2 Software Inc PO Box 205970 Dallas TX 75320 Web services / programming 698214 Velocity Solutions Inc 1710 Dawson Street Wilmington NC 28403 card utilization program 516885 Burkhart Sign Systems 3414 Elkhart Rd Goshen IN 46526 Advertising 416684 22 0 Interest on Loans 522130 34087112 34087112 0 0 Fee Income 522130 11450972 11450972 0 0 Other Income 522130 1884278 1687123 197155 0 0 0 0 0 47422362 1360935 1360935 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2963005 922072 2961052 283195 1953 638877 640830 640830 0 0 0 49424127 49226972 197155 0 3710723 2474326 0 11360232 1059009 1802230 1004361 0 101933 134450 0 0 0 0 915430 6599824 0 0 1727146 0 0 371444 363296 0 1856363 381446 Loan Expenses 2532940 ALL - Provisions 2835463 ATM / Debit Card Expenses 2183194 Miscellaneous 480088 41893898 0 0 0 6745139 6902457 41018463 35420381 0 0 1205164 1476773 0 0 0 0 738992838 867322458 90855 142244 1066360 1271081 36721636 15997112 20780930 20724524 71106869 71516029 2518121 5883586 32693595 35461502 0 0 2718031 3284272 918936365 1049405307 5181739 4993778 80300000 6483865 4904703 11665604 90198481 X 812541447 857073280 40555396 45497808 54173918 56635738 907270761 959206826 918936365 1049405307 X 7530229 -125998 0 0 0 44531834 X 0 1 X 1 0 2654165 0 2654165 22473493 0 7839716 14633777 0 0 0 0 11593978 0 8157396 3436582 0 0 0 0 20724524 Clearing Accounts 4904703 4904703 X 49424127 0 0 0 0 0 49424127 0 0 0 49424127 41893898 0 0 0 0 0 41893898 0 0 0 41893898 Schedule D, Part X, Line 2 Income tax in the consolidated statements of income include Indiana franchise tax. The Credit Union is exempt, by statute from federal income taxes except for unrelated business income tax. Members Financial Management Center, Inc. is, however subject to federal and state income taxes. The Credit Union and Members Financial Management Center, Inc. file income tax returns in the U.S. federal and Indiana jurisdictions. With a few exceptions, they are no longer subject to U.S. federal income tax examinations by tax authorities for calendar years before 2014. X X 1 1 X X X X X 0 1 0 Andy Marshall Chief Operating Officer 238518 0 0 0 0 0 0 0 21468 0 259986 0 0 0 Amy Sink President / CEO 374930 0 0 0 0 0 417765 0 28153 0 820848 0 0 0 Andrew Gangwer Chief Administrative Officer 207816 0 0 0 0 0 0 0 2738 0 210554 0 0 0 James Henning Chief Financial Officer 161749 0 0 0 0 0 0 0 8400 0 170149 0 0 0 Phil Wiens Chief Retail Officer 182209 0 0 0 0 0 0 0 16734 0 198943 0 0 0 David Birky Chief Strategy Officer 216983 0 0 0 0 0 0 0 20199 0 237182 0 0 0 Stephanie Weldy Mortgage Loan Originator 227591 0 0 0 0 0 0 0 22057 0 249648 0 0 0 Peggy Milton Mortgage Loan Originator 212833 0 0 0 0 0 0 0 5842 0 218675 0 0 0 Duane Wilcoxson Chief Information Officer 161068 0 0 0 0 0 0 0 8111 0 169179 0 0 0 Robert Spencer VP of Mortgage Lending 169617 0 0 0 0 0 0 0 16970 0 186587 0 0 0 Peggy Guyas Mortgage Loan Officer 319621 0 0 0 0 0 0 0 30070 0 349691 0 0 0 Schedule J, Part I, Line 1a The credit union pays for board member, board spouse, and employee business travel expenses and club dues per our written policy. Schedule J, Part I, Line 4 CEO has a nonqualified SERP plan that pays out upon retirement and has substantial risk of forfeiture. Form 990, Part VI, Section A, Line 6 Interra Credit Union is owned by its members. Form 990, Part VI, Section A, Line 7a Board members and supervisory committee members are elected by the credit union's members. Form 990, Part VI, Section A, Line 7b When required by state laws and our by-laws, members do vote to approve decisions of the board of directors. Form 990, Part VI, Section B, Line 11b Form 990 is reviewed by the credit union's CFO, a copy is provided to all board members for review prior to filing. Form 990, Part VI, Section B, Line 15 The board reviews recommendations from an independent consultant and industry comparisons to determine appropriate compensation. Form 990, Part VI, Section C, Line 19 Financial statements and our annual report are provided at our annual members' meeting and on our website. Other reports are available upon request. Form 990, Part XI, Line 9 Increase in Members Deposits $44,531,833 Members Financial Management Center Inc PO Box 727 Goshen IN 465270727 351768194 sales of financial products IN Interra Credit Union C 40141 268888 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0