2018-11-12T13:40:35-06:00 2017-12-31 390912608 HAWKINS ASH CPAS LLP 2360 DUCK CREEK PARKWAY GREEN BAY WI 543033300 990 2017-01-01 390394240 CAPITAL CREDIT UNION CAPI 9204942828 825 MORRIS AVENUE GREEN BAY WI 543044525 KAREN CAREW CFO/EXECUTIVE VP 9204944541 2018-11-09 1 JEFFREY DANEN P01236582 9203369850 192.55.242.200 2018-11-09 12:09:26 CS P 65EFCDE8B311C332682DF9ABF2317EDE8F4291F2 65EFCDE8B311C332682DF9ABF2317EDE8F4291F2 2017 2019-02-21 02:37:17Z THOMAS YOUNG 825 MORRIS AVENUE GREEN BAY WI 543044525 59442822 0 X WWW.CAPITALCU.COM X 1934 WI A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. CAPITAL CREDIT UNION IS A FULL SERVICE FINANCIAL INSTITUTION THAT OFFERS OUR MEMBERS MULTIPLE LOAN PRODUCTS AS WELL AS SHARE, SHARE DRAFT, CD AND IRA PRODUCTS. IN ADDITION, CAPITAL SERVES MEMBERS BY OFFERING AUTOMATED TELLER MACHINES, DIRECT DEPOSIT, CALL 24 ONLINE BANKING, DEBIT AND CREDIT CARDS, GIFT CARDS, SAFE DEPOSIT BOXES, E-STATEMENTS, BILL PAY AND MANY OTHER SERVICES. CAPITAL SERVES OVER 108,000 MEMBERS IN 10 NORTHEAST WISCONSIN COUNTIES: BROWN, CALUMET, DOOR, KEWAUNEE, MANITOWOC, MARINETTE, OCONTO, OUTAGAMIE, SHAWANO, AND WINNEBAGO. 13 13 458 13 152905 0 0 0 52109811 57496206 1464771 1924641 36517 21975 53611099 59442822 370137 173313 0 0 16464988 18203697 0 0 0 25431432 26616711 42266557 44993721 11344542 14449101 1189610842 1334898478 1035504769 1163712362 154106073 171186116 X A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. CAPITAL CREDIT UNION IS A FULL SERVICE FINANCIAL INSTITUTION THAT OFFERS OUR MEMBERS MULTIPLE LOAN PRODUCTS AS WELL AS SHARE, SHARE DRAFT, CD AND IRA PRODUCTS. IN ADDITION, CAPITAL SERVES MEMBERS BY OFFERING AUTOMATED TELLER MACHINES, DIRECT DEPOSIT, CALL 24 ONLINE BANKING, DEBIT AND CREDIT CARDS, GIFT CARDS, SAFE DEPOSIT BOXES, E-STATEMENTS, BILL PAY AND MANY OTHER SERVICES. CAPITAL SERVES OVER 108,000 MEMBERS IN 10 NORTHEAST WISCONSIN COUNTIES: BROWN, CALUMET, DOOR, KEWAUNEE, MANITOWOC, MARINETTE, OCONTO, OUTAGAMIE, SHAWANO, AND WINNEBAGO. 0 0 CAPITAL CREDIT UNION PROVIDES A FULL MENU OF LOAN PRODUCTS TO ITS 108,578 MEMBERS. CONSUMER LOANS AND MORTGAGES ARE IN HIGH DEMAND AS THE ECONOMY CONTINUES TO IMPROVE. WITH A HIGH-RATE CHECKING ACCOUNT AND MONEY MARKET RATES THAT WERE AT THE TOP OF THE MARKET, WE WERE ABLE TO PROVIDE MEMBERS WITH INSURED,LIQUID ALTERNATIVES FOR THEIR DEPOSIT NEEDS. CAPITAL DONATED IN EXCESS OF $173,000 TO VARIOUS LOCAL CHARITIES THROUGHOUT THE YEAR, AND CONTINUES TO SUPPORT THE SALVATION ARMY, LOCAL HOMELESS SHELTERS, AND MANY COMMUNITY EVENTS. 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 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 86188 0 1 458 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X KAREN CAREW 9204944541 825 MORRIS AVENUE GREEN BAY WI 54306 STEVEN FRASSETTO CHAIRPERSON 3.50 X X 1557 0 0 RANDALL SANDERS DIRECTOR - TREASURER 1.50 X X 0 0 0 COLLEEN VANZEELAND DIRECTOR 1.50 X 1681 0 0 MELANIE HAEN VICE CHAIRPERSON 3.50 X X 656 0 0 NANCY RIETVELD DIRECTOR 1.50 X 2025 0 0 AARON STEFFENS DIRECTOR 1.50 X 0 0 0 BRUCE WEILAND DIRECTOR 1.50 X 1088 0 0 HEATHER KARCZ DIRECTOR 1.50 X 844 0 0 MARGARET LEMEROND DIRECTOR 1.50 X 0 0 0 KEITH LUCIUS DIRECTOR 1.50 X 1260 0 0 ALLISON SWANSON DIRECTOR - SECRETARY 1.50 X X 0 0 0 ROBERT TETZLAFF DIRECTOR 1.50 X 0 0 0 MICHAEL VANDENHOUTEN DIRECTOR 1.50 X 0 0 0 TIMOTHY WYNGAARD VP - MORTGAGE LENDING 40.00 X 154875 0 33955 PATTI BANI VP - HUMAN RESOURCES 40.00 X 113184 0 31072 JOSEPH SLATTERY VP - MARKETING/CORPORATE C 40.00 X 152952 0 21599 KAREN CAREW CFO/EXECUTIVE VP 40.00 X 227644 0 58982 WENDY WOHR VP - BRANCH DEVELOPMENT 40.00 X 169570 0 33423 THOMAS YOUNG PRESIDENT 40.00 X 532462 0 49415 LISA HUGUET VP - FINANCE 40.00 X 102633 0 34927 MARY KAMPS VP - TRAINING/DEPOSIT OPER 40.00 X 93718 0 18030 BRAD ROETHLISBERGER AVP - FINANCIAL SOLUTIONS 40.00 X 108156 0 7797 JOEL WILLIQUETTE VP - CIO 40.00 X 130044 0 31853 ALAN ZIERLER FORMER CEO 0.00 X 406495 0 10743 2200844 0 331796 10 1 1 0 Q2 SOFTWARE INC PO BOX 205970 DALLAS TX 753205970 ONLINE BANKING SOFTWARE 1302242 PULSE 1301 MCKINNEY STE 2500 HOUSTON TX 77010 ATM/DEBIT CARD PROCESSOR 866455 BLUEPOP DIGITIAL 416 GEORGE STREET STE 111 DE PERE WI 54115 MARKETING CONSULTANT 807561 IDSCOM 747 E WHITCOMB AVE MADISON HEIGHTS MI 48071 STATEMENT PROCESSING 803680 FISERV 75 REMITTANCE DR STE 1649 CHICAGO IL 606751649 CORE PRECESSOR 764775 15 INTEREST ON LOANS 522100 44161605 44161605 FEE INCOME 522100 9817419 9817419 INSURANCE INCOME 524298 1579845 1579845 COMMISSION INCOME 522100 242567 242567 ACCIDENTAL DEATH AND DISMEMBERMEN 524298 111792 111792 1582978 1541865 41113 57496206 1557099 1557099 21975 0 21975 21975 21975 52122 315420 0 0 52122 315420 367542 367542 59442822 57343301 152905 1946616 173313 2200844 13998484 887247 1117122 8726 115256 24325 777910 1502579 3576258 1548532 321151 248016 2345213 DIVIDENDS ON SHARES 6512052 PROCESSING 5024712 PROVISION FOR LOAN LOSS 2407707 LOAN SERVICING 1119175 1085099 44993721 36553064 29824006 35408380 23188712 5500000 5351139 1000825869 1167879884 884972 1115234 41629979 19752223 21681637 21877756 45206842 43963789 2373074 2381839 10383193 9579871 30793811 29736248 1189610842 1334898478 10841363 12822751 5000000 33000000 1019663406 1117889611 1035504769 1163712362 X 0 0 11350466 11350466 142755607 159835650 154106073 171186116 1189610842 1334898478 X 14449101 -241993 2872935 X X 0 1 X 1 0 8886134 8886134 20313103 10146881 10166222 6910780 5689958 1220822 5519962 3915384 1604578 21877756 SHARES 1117889611 1117889611 X 59442822 0 59442822 0 59442822 44993721 0 44993721 0 44993721 PART X, LINE 2: GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CREDIT UNION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CREDIT UNION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CREDIT UNION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2017 AND 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CREDIT UNION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CREDIT UNION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. 0 SALVATION ARMY PO BOX 1605 APPLETON WI 54911 362167910 509(A)(1) 36000 GENERAL SUPPORT/SPONSOR HOMELESS CONNECTIONS 400 N DIVISION ST APPLETON WI 54914 391447152 501(C)(3) 25000 GENERAL SUPPORT/SPONSOR ST JOHN'S THE EVANGELIST HOMELESS SHELTER PO BOX 1743 GREEN BAY WI 543051743 262892934 501(C)(3) 25000 GENERAL SUPPORT/SPONSOR BAY AREA HUMANE SOCIETY 1830 RADISSON ST GREEN BAY WI 54302 390988577 501(C)(3) 10000 PET WALK SPONSOR GREATER FOX CITIES AREA HABIT FOR HUMANITY 921 MIDWAY RD MENASHA WI 54952 391742974 501(C)(3) 10000 SPONSORSHIP KIMBERLY HIGH SCHOOL 1662 E KENNEDY AVE KIMBERLY WI 54136 396002809 170(C)(1) 10000 FIELD SIGNAGE NEW ZOOLOGICAL SOCIETY PO BOX 12647 GREEN BAY WI 543072647 391516018 501(C)(3) 10000 FEAST WITH THE BEAST SPONSOR WISCONSIN CREDIT UNION LEAGUE N25 W23131 PAUL RD STE 500 PEWAUKEE WI 53072 930807478 501(C)(6) 6000 GENERAL SUPPORT FREEDOM FIRE DEPARTMENT W2004 CTY RD S FREEDOM WI 54130 396075681 501(C)(3) 5500 GENERAL SUPPORT HAPPILY EVER AFTER E 5714 BORK RD MARION WI 54950 204031006 501(C)(3) 5000 GENERAL SUPPORT/SPONSOR HARBOR HOUSE 1818 E WISCONSIN AVENUE APPLETON WI 54911 391870927 501(C)(3) 5000 GENERAL SUPPORT REBUILDING TOGETHER FOX VALLEY 605 E HANCOCK ST APPLETON WI 54911 392013200 501(C)(3) 5000 GENERAL SUPPORT & GOLF SPONSOR 9 12 PART I, LINE 2: NONE - GRANTS AND ASSISTANCE ARE GENERALLY LIMITED TO KNOWN LOCAL ORGANIZATIONS. X X 1 1 X X X X 0 1 0 TIMOTHY WYNGAARD VP - MORTGAGE LENDING 132037 0 11416 0 11422 0 12920 0 21035 0 188830 0 0 0 JOSEPH SLATTERY VP - MARKETING/CORPORATE C 131159 0 10933 0 10860 0 10083 0 11516 0 174551 0 0 0 KAREN CAREW CFO/EXECUTIVE VP 199516 0 17654 0 10474 0 34043 0 24939 0 286626 0 0 0 WENDY WOHR VP - BRANCH DEVELOPMENT 148049 0 12414 0 9107 0 14159 0 19264 0 202993 0 0 0 THOMAS YOUNG PRESIDENT 519371 0 51 0 13040 0 36900 0 12515 0 581877 0 0 0 JOEL WILLIQUETTE VP - CIO 109141 0 10854 0 10049 0 11035 0 20818 0 161897 0 0 0 ALAN ZIERLER FORMER CEO 373257 0 0 0 33238 0 0 0 10743 0 417238 0 0 0 PART I, LINE 4B FROM F/S FOOTNOTE 15 - DEFERRED COMPENSATION: THE CREDIT UNION HAS ENTERED INTO NONQUALIFIED DEFERRED COMPENSATION AGREEMENTS WITH TWO KEY OFFICERS. THE CREDIT UNION DOES NOT MAKE CONTRIBUTIONS TO THE PLANS, WHICH ARE FUNDED SOLELY BY THE EMPLOYEES. THE BALANCE OF THESE DEFERRED COMPENSATION AGREEMENTS WAS APPROXIMATELY $220,000 AND $189,000 AS OF DECEMBER 31, 2017 AND 2016, RESPECTIVELY. THE CREDIT UNION ACQUIRED FROM THE MERGER OF PIONEER CREDIT UNION A NONQUALIFIED DEFERRED COMPENSATION PLAN WITH KEY MEMBERS OF ITS MANAGEMENT TEAM. A PARTICIPANT IS ELIGIBLE FOR BENEFIT PAYMENTS UPON REACHING 20 YEARS OF EMPLOYMENT AND THE VESTING AGE OF 62. A DEFERRAL ACCOUNT HAS BEEN ESTABLISHED FOR EACH OF THE PARTICIPANTS. CONTRIBUTIONS TO THE ACCOUNTS ARE AT THE DISCRETION OF THE BOARD OF DIRECTORS. THE BALANCE IN THE DEFERRAL ACCOUNTS ARE THE ASSETS OF THE CREDIT UNION AND ARE AVAILABLE TO CREDITORS IN THE EVENT OF THE CREDIT UNION'S LIQUIDATION UNTIL THE EMPLOYEES MEET THE REQUIREMENTS NOTED ABOVE. NO EMPLOYEE CONTRIBUTIONS TO THE ACCOUNTS ARE ALLOWED UNDER THE PLAN. THE BALANCE OF THE DEFERRED COMPENSATION PLANS WAS APPROXIMATELY $203,000 AND $173,000 AS OF DECEMBER 31, 2017 AND 2016, RESPECTIVELY. THERE WAS NO EXPENSE RELATED TO THIS PLAN IN 2017 OR 2016. THE CREDIT UNION HAS NONQUALIFIED DEFERRED COMPENSATION AGREEMENTS WITH ITS KEY OFFICERS. THE CREDIT UNION IS NOT REQUIRED TO MAKE CONTRIBUTIONS TO THE PLAN, BUT MAY DO SO AT ITS DISCRETION. THE CREDIT UNION DID NOT MAKE ANY CONTRIBUTION TO THE PLAN IN 2017 OR 2016. THE BALANCE OF THESE DEFERRED COMPENSATION AGREEMENTS ARE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. THOMAS YOUNG PRESIDENT SPLIT DOLLAR LIFE INSURANCE X 5351139 5351139 0 1 1 5351139 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE INDIVIDUALS LIVING OR WORKING IN THE COUNTIES OF BROWN, CALUMET, OUTAGAMIE, DOOR, KEWAUNEE, MANITOWOC, MARINETTE, OCONTO, SHAWANO, AND WINNEBAGO THAT HAVE DEPOSITS WITH THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A BOARD OF DIRECTORS IS ELECTED BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY THE PRESIDENT AND EXECUTIVE VP/CFO PRIOR TO SUBMISSION WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT COVERS ALL EMPLOYEES AND BOARD OF DIRECTORS. THE DETERMINATION AND REVIEW OF PERCEIVED CONFLICT IS DONE AT THE MANAGEMENT TEAM LEVEL. UPON DETERMINATION OF A CONFLICT, THE PERSON INVOLVED IN SAID CONFLICT CANNOT PARTICIPATE IN DELIBERATIONS OR DECISIONS. STAFF AND OFFICERS ARE REQUIRED TO REVIEW THE POLICY MANUAL. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS OF DETERMINING PROPER COMPENSATION IS COMPLETED DURING THE BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 POLICIES ARE AVAILABLE UPON REQUEST, SUMMARIZED FINANCIALS ARE POSTED IN THE BRANCHES. FORM 990, PART XI, LINE 9: EQUITY ACQUIRED IN MERGER 2,872,935. FORM 990, PART XII, LINE 2C: NO CHANGES FROM THE PRIOR YEAR. CAPITAL CREDIT UNION SERVICE CORP 825 MORRIS AVE GREEN BAY WI 54304 391852107 INSURANCE COMMISSIONS WI CAPITAL CREDIT UNION C 4800 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 CAPITAL CREDIT UNION SERVICE CORP N 0 N/A CAPITAL CREDIT UNION SERVICE CORP O 372 N/A