2017-11-07T11:39:36-06:00 2017-06-30 990 2017-01-01 396058649 HARBOR CREDIT UNION HARB 9204316688 PO BOX 22430 GREEN BAY WI 54305 MICHAEL J DEGRAND PRES & BOD SECRETARY 9204316695 2017-11-03 PETER RASMUSSEN P01888997 2017-11-07 4C5A70F7A5FDA4811252E2883A9E531D3168B42F 4C5A70F7A5FDA4811252E2883A9E531D3168B42F 2016 2018-03-14 21:41:22Z X MICHAEL J DEGRAND PO BOX 22430 GREEN BAY WI 54305 2358271 false X WWW.HARBORCU.COM X 1952 WI HARBOR CREDIT UNION IS A MEMBER FOCUSED FINANCIAL COOPERATIVE COMMITTED TO BUILDING OUR MEMBERS FINANCIAL WELL-BEING AND BECOMING THEIR PRIMARY FINANCIAL INSTITUTION. X 5 4 38 4736 -652 0 4153858 2032468 259203 41196 17735 8653 4430796 2082317 0 0 1730149 1009370 0 0 2438971 1360166 4169120 2369536 261676 -287219 109836696 0 99137806 0 10698890 0 HARBOR CREDIT UNION IS A MEMBER FOCUSED FINANCIAL COOPERATIVE COMMITTED TO BUILDING OUR MEMBERS FINANCIAL WELL-BEING AND BECOMING THEIR PRIMARY FINANCIAL INSTITUTION. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 1,474 NEW DEPOSIT ACCOUNTS IN 2017. AS OF 06/30/17 WE HAD 11,347 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 2,170 NEW LOANS TO MEMBERS DURING 2017. AS OF 06/30/17 WE HAD 5,846 LOANS TO OUR MEMBERS. . false false false false false false false true false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true false false false false false true X 0 0 true 38 true true true false false false false false X 5 4 false false false false true true true true true false false false true true true true true true true false X DEBRA A VANDENBERG 9204316688 PO BOX 22430 GREEN BAY WI 54305 LINDA C JONET CHAIR 0.50 X X 0 0 0 WILLIAM DYER VICE-CHAIR 0.50 X X 0 0 0 KURTIS LARSON TREASURER 0.50 X X 0 0 0 PERRY SIELOFF DIRECTOR 0.50 X 0 0 0 MICHAEL J DEGRAND PRES & BOD S 40.00 X X 245118 0 13067 DEBRA A VANDENBERG VP-OPERATION 40.00 X 41945 0 8487 287063 21554 1 false true false FISERV SOLUTIONS LLC 75 REMITTANCE DRIVE CHICAGO IL 60675 E-BANKING SERVC 769090 FISERV SOLUTIONS LLC 75 REMITTANCE DRIVE CHICAGO IL 60675 CORE PROCESSING 386797 FISERV SOLUTIONS LLC 75 REMITTANCE DRIVE CHICAGO IL 60675 CARD PROCESSING 161430 FIS PO BOX 4535 CAROL STREAM IL 60197 CARD PROCESSING 103617 4 INTEREST ON LOANS 522130 1401721 1401721 INTERCHANGE & ATM INCOME 522130 333224 333224 ACCOUNT FEES AND CHARGES 522130 229222 229222 OTHER MEMBER RELATED INCOME 522130 63565 63565 NON MEMBER ATM FEES 522130 4736 4736 2032468 185750 185750 8653 8653 131400 275954 -144554 -144554 -144554 2082317 1883178 4736 194403 287063 569024 20233 61719 71331 455 7573 63594 678331 160195 83316 3208 25603 PROV FOR LOAN LOSS 149149 DIVIDENDS ON SHARES/CERTI 102246 DEPRECIATION EXP 86496 2369536 0 0 0 860917 20112152 69406715 154402 2292132 15003066 2007312 109836696 0 973933 32883 98130990 99137806 0 X 10698890 10698890 0 109836696 0 X -287219 -10411671 X false false false true X SCHEDULE D, PAGE 2, PART IV, LINE 2B THE CREDIT UNION HOLDS FUNDS IN ESCROW ACCOUNTS FOR PROPERTY TAXES AND HOMEOWNERS INSURANCE RELATED TO MORTGAGE LOANS. X false false false MICHAEL J DEGRAND PRES & BOD SECRETARY 60895 184223 5283 7784 258185 MEMBER LOANS, NET 2017-06-30 66827824 BOOK VALUE 390738415 FOX COMMUNITIES CREDIT UNION 3401 E CALUMET ST APPLETON WI 54915 501(C)(14) INVESTMENTS 2017-06-30 32122806 BOOK VALUE 390738415 FOX COMMUNITIES CREDIT UNION 3401 E CALUMET ST APPLETON WI 54915 501(C)(14) OTHER ASSETS 2017-06-30 4357973 BOOK VALUE 390738415 FOX COMMUNITIES CREDIT UNION 3401 E CALUMET ST APPLETON WI 54915 501(C)(14) CASH ON HAND 2017-06-30 939209 BOOK VALUE 390738415 FOX COMMUNITIES CREDIT UNION 3401 E CALUMET ST APPLETON WI 54915 501(C)(14) CASH ON DEPOSIT 2017-06-30 6439657 BOOK VALUE 390738415 FOX COMMUNITIES CREDIT UNION 3401 E CALUMET ST APPLETON WI 54915 501(C)(14) false true false false true true true false SCHEDULE N, PAGE 1, PART I, LINE 2E MICHAEL DEGRAND, PRESIDENT OF HARBOR CREDIT UNION, WILL HAVE THE POSITION OF ADMINISTRATION WITH FOX COMMUNITES CREDIT UNION AFTER THE MERGER. DEBRA VANDENBERG, VP OPERATIONS OF HARBOR CREDIT UNION, WILL HAVE THE POSITION OF VENDOR RELATIONSHIP MANAGER WITH FOX COMMUNITIES CREDIT UNION AFTER THE MERGER. SCHEDULE N HARBOR CREDIT UNION MERGED WITH FOX COMMUNITES CREDIT UNION AFTER THE CLOSE OF BUSINESS JUNE 30, 2017. FORM 990 HARBOR CREDIT UNION MERGED WITH FOX COMMUNITES CREDIT UNION AFTER THE CLOSE OF BUSINESS JUNE 30, 2017. GOVERNMENT AGENCY APPROVAL DOCUMENTS ARE ATTACHED TO THIS RETURN IN A PDF FILE. FORM 990, PART V ZERO INFORMATIONAL RETURNS REPORTED ON LINE 1.A. BECAUSE THE SUCCESSOR ORGANIZATION (FOX COMMUNITIES CREDIT UNION) WILL FILE THE 1099'S AND 1098'S FOR THE ENTIRE CALENDAR YEAR OF 2017. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT PREPARER WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES PREPARER TO E-FILE THE APPROVED RETURN. FORM 990, PAGE 6, PART VI, LINE 12C INTERNAL CONTROL REVIEW OF LOANS AND PROCEDURES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS RECEIVES AND REVIEWS SALARY SURVEYS FROM THE WI CREDIT UNION LEAGUE AND CUNA. SALARIES ARE DISCUSSED BY THE BOARD IN EXECUTIVE SESSION. THE BOARD APPROVES THE SALARIES, AND THIS APPROVAL IS INCLUDED IN THE BOARD MINUTES AS AN APPROVAL OF THE OVERALL WAGE INCREASE. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS RECEIVES AND REVIEWS SALARY SURVEYS FROM THE WI CREDIT UNION LEAGUE AND CUNA. SALARIES ARE DISCUSSED BY THE BOARD IN EXECUTIVE SESSION. THE BOARD APPROVES THE SALARIES, AND THIS APPROVAL IS INCLUDED IN THE BOARD MINUTES AS AN APPROVAL OF THE OVERALL WAGE INCREASE. FORM 990, PAGE 6, PART VI, LINE 19 THE CREDIT UNION DOES NOT MAKES ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 NET ASSETS TRANSFERRED IN MERGER -10,411,671 HARBOR CREDIT UNION MERGED WITH FOX COMMUNITES CREDIT UNION AFTER THE CLOSE OF BUSINESS JUNE 30, 2017.