2018-09-25T17:23:35-05:00 2017-12-31 420714325 RSM US LLP 811 BARTON SPRINGS ROAD SUITE 500 AUSTIN TX 78704 990 2017-01-01 750796472 FORT WORTH COMMUNITY CREDIT UNION FORT 8178355000 PO BOX 210848 BEDFORD TX 76095 RICHARD HOWDESHELL CEO 8178355000 2018-09-14 1 KEVIN FINCHER CPA P00291599 5124760717 2017 2022-09-23 18:48:47Z RICHARD HOWDESHELL PO BOX 210848 BEDFORD TX 76095 39947053 0 X WWW.FTWCCU.ORG X 1940 TX THRIFT SAVINGS AND BORROWING FOR MEMBERS. THE CREDIT UNION IS REGULATED BY THE STATE OF TEXAS. THE CREDIT UNION DEPARTMENT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION. THE CREDIT UNION OFFERS PRODUCTS AND SERVICES IN FOUR PRIMARY AREAS: SHARE ACCOUNTS, CHECKING ACCOUNTS, CONSUMER LOANS AND REAL ESTATE LOANS. 9 9 251 0 78293 -155874 0 0 32455137 34131481 1437668 2571461 176722 187104 34069527 36890046 0 0 0 0 13623933 14420445 0 0 0 18696886 20800379 32320819 35220824 1748708 1669222 861191840 902210688 782417988 821767614 78773852 80443074 X TO PROMOTE THRIFT SAVINGS AND BORROWING. 0 0 SHARE ACCOUNTS - OUR SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS QUARTERLY AND OFFER ACCESS THROUGH THE BRANCH NETWORK, HOME BANKING VIA THE INTERNET OR TELEPHONE AND ATM'S WORLDWIDE. SPECIAL SAVINGS ACCOUNTS DESIGNED FOR CHILDREN AND TEENAGERS ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS. CHECKING ACCOUNTS - OUR CHECKING ACCOUNTS PROVIDE VARIOUS FEATURES FOR CONSUMERS, FROM FREE ACCOUNTS TO THOSE WITH ENHANCED BENEFITS. MOST OFFER DIVIDENDS THAT ARE PAID MONTHLY. ADDITIONALLY, THE CREDIT UNION EXTENDS THE REACH OF THOSE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, INTERNET ACCOUNT ACCESS AND FREE USE OF THE INTERNET BILL PAYER PLATFORM. CONSUMER LOANS - OUR CONSUMER LOANS PROVIDE ALL TYPES OF LOANS. THE FOLLOWING TYPES OF LOANS ARE AVAILABLE: VEHICLES, RECREATIONAL VEHICLES, MORTGAGES, SIGNATURE, HOME EQUITY, CREDIT CARDS, SECURED LOANS, ETC. THE CREDIT UNION PROVIDES HOME EQUITY LOANS ALONG WITH MORTGAGE LOANS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 18768 0 1 251 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 0 0 0 1 1 0 0 X RICHARD HOWDESHELL 8178355000 1905 FOREST RIDGE DRIVE BEDFORD TX 76021 MARCELLA BANKS BOARD MEMBER-CHAIR 2.00 X X 0 0 0 HENRY CHRISTIANSEN BOARD MEMBER-SECRETARY-TREASURER 2.00 X X 4458 0 0 JANICE GRACZYK BOARD MEMBER 2.00 X 2846 0 0 NEAL OLIVER BOARD MEMBER 2.00 X 0 0 0 HERBERT SIMS BOARD MEMBER 2.00 X 0 0 0 STANLEY SPIVEY BOARD MEMBER 2.00 X 972 0 0 TOM TIJERINA BOARD MEMBER-VICE CHAIR 2.00 X X 3189 0 0 LEIGHTON WATERS BOARD MEMBER 2.00 X 1779 0 0 TUNISIA SADRUDDIA BOARD MEMBER 2.00 X 0 0 0 RICHARD HOWDESHELL PRESIDENT/CEO 40.00 X 499312 0 50277 MICHAEL J FRANKO SR VP-FINANCE 40.00 X 235152 0 37819 KYLE KOKE SR VP-LENDING 40.00 X 211916 0 27349 DIANE DORSEY VP-OPERATIONS 40.00 X 194496 0 28518 ROCHELLE DRAKE VP-MARKETING 40.00 X 194666 0 21525 TAMMY TRUDELLE VP-HUMAN RESOURCES 40.00 X 189142 0 20050 MARC RHODES VP-SUPPORT SERVICES 40.00 X 199800 0 28882 CARL AUZENNE VP-INFORMATION SERVICES 40.00 X 172570 0 26874 JOHN BEARRIE INVESTMENT CONSULTANT 40.00 X 249624 0 36709 GRETCHEN MCGINNIS DIRECTOR OF INTERNAL AUDIT 40.00 X 143102 0 17980 GINDA ABRAHAM AVP-ACCOUNTING 40.00 X 128349 0 16597 VALERIE GROSSKURTH AVP-FINANCIAL SERVICES 40.00 X 114720 0 29538 2546093 0 342118 12 0 1 0 DIGITAL INSIGHTS PO BOX 515306 LOS ANGELES CA 90051 WEBSITE 931822 VANTIV 8500 GOVERNORS HILLS DR SYMMES TOWNSHIP OH 45249 DR/CR CARD PROCESSOR 894549 FISERV PO BOX 99924 GRAPEVINE TX 760999724 SOFTWARE SERVICES 783672 LANVERA LTD 112 WRANGLER DR SUITE 150 COPPELL TX 75019 MAIL PROCESSOR 405841 DIEBOLD INC PO BOX 644399 PITTSBURG PA 152644399 HARDWARE MAINTENANCE 336968 11 INTEREST ON LOANS 522100 24989009 24989009 LOAN FEE INCOME 522100 6457283 6457283 MEMBER FEES & CHARGES 522100 2685189 2606896 78293 34131481 2581217 2581217 377 377 3040241 7010 3046586 10421 -6345 -3411 -9756 -9756 GAIN ON INVESTMENTS 522100 190294 190294 MISCELLANEOUS 522100 -3567 -3567 186727 36890046 34239915 78293 2571838 2152089 9131882 553213 1823001 760260 4141631 62266 447896 767643 1880294 1382847 149152 3781716 944742 248529 PROVISION FOR LOAN LOSS 4951540 LOAN SERVICING 1472403 MISCELLANEOUS EXPENSE 569720 35220824 4198360 3999312 60518211 68349493 967053 710866 13575635 630020097 596225213 2149952 2504880 34816429 11691577 23262249 23124852 132524770 184718755 7551148 9001682 861191840 902210688 8195465 10596588 774222523 811171026 782417988 821767614 X 0 0 0 0 78773852 80443074 78773852 80443074 861191840 902210688 1669222 0 X X 0 1 X 1 0 7553105 7553105 19748017 6013424 13734593 445483 362330 83153 6993134 5252840 1740294 76690 62983 13707 23124852 MEMBER SHARES 811171026 811171026 PART XI AND XII: FINANCIAL STATEMENTS ARE CURRENTLY AUDITED THROUGH JUNE 30, 2017. X X 1 1 X X X X 0 0 0 RICHARD HOWDESHELL PRESIDENT/CEO 415165 0 51221 0 32926 0 29858 0 20419 0 549589 0 0 0 MICHAEL J FRANKO SR VP-FINANCE 210310 0 14964 0 9878 0 15716 0 22103 0 272971 0 0 0 KYLE KOKE SR VP-LENDING 190561 0 15982 0 5373 0 13771 0 13578 0 239265 0 0 0 DIANE DORSEY VP-OPERATIONS 179283 0 13553 0 1660 0 12975 0 15543 0 223014 0 0 0 ROCHELLE DRAKE VP-MARKETING 177241 0 14935 0 2490 0 12690 0 8835 0 216191 0 0 0 TAMMY TRUDELLE VP-HUMAN RESOURCES 174804 0 13502 0 836 0 10960 0 9090 0 209192 0 0 0 MARC RHODES VP-SUPPORT SERVICES 174331 0 13625 0 11844 0 13339 0 15543 0 228682 0 0 0 CARL AUZENNE VP-INFORMATION SERVICES 157357 0 13018 0 2195 0 11490 0 15384 0 199444 0 0 0 JOHN BEARRIE INVESTMENT CONSULTANT 238713 0 10206 0 705 0 14631 0 22078 0 286333 0 0 0 GRETCHEN MCGINNIS DIRECTOR OF INTERNAL AUDIT 132350 0 7397 0 3355 0 9448 0 8532 0 161082 0 0 0 RICHARD HOWDESHELL OFFICER FUND LIFE INSURANCE X 2741224 2741224 0 1 1 MICHAEL J FRANKO OFFICER FUND LIFE INSURANCE X 1043144 1043144 0 1 1 TAMMY TRUDELLE OFFICER FUND LIFE INSURANCE X 862160 862160 0 1 1 DIANE DORSEY OFFICER FUND LIFE INSURANCE X 839733 839733 0 1 1 ROCHELLE DRAKE OFFICER FUND LIFE INSURANCE X 1569205 1569205 0 1 1 KYLE KOKE OFFICER FUND LIFE INSURANCE X 1111791 1111791 0 1 1 CARL AUZENNE OFFICER FUND LIFE INSURANCE X 764776 764776 0 1 1 MARC RHODES OFFICER FUND LIFE INSURANCE X 4643602 4643602 0 1 1 13575635 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE AVP OF ACCOUNTING AND THE CEO OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE CEO IS APPROVED BY THE BOARD AND A COMPENSATION COMMITTEE AND COMPENSATION SURVEY IS USED ALONG WITH A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION DISPLAYS CURRENT FINANCIALS STATEMENTS AT EACH BRANCH. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS APPOINTED BY THE BY BOARD OF DIRECTORS AND HAS THE RESPONSIBILITY FOR GENERAL OVERSIGHT OF THE INTERNAL AUDIT DEPARTMENT AND HAS THE AUTHORITY TO ENGAGE AN ACCOUNTING FIRM TO CONDUCT THE ANNUAL AUDIT. THE CREDIT UNION HAS NOT CHANGED ITS OVERSIGHT OR ELECTION PROCESS.