2017-11-14T10:07:06-08:00 2016-12-31 990 2016-01-01 416036540 ANOKA HENNEPIN CREDIT UNION ANOK 7634220290 3505 NORTHDALE BLVD NW COON RAPIDS MN 55448 JEFFREY CLAUSSEN President & CEO 2017-11-14 2016 2017-02-10 21:41:12Z JEFFREY CLAUSSEN PO BOX 265 AMERY WI 54001 8233221 false false X www.ahcu.coop X 1963 MN members helping members in a community-based, not-for-profit organization, with the goal of becoming our members primary financial institution; protecting members assets and providing personal, convenient and competitive services. 9 8 98 105168 0 7370845 7541556 268399 498597 150411 193068 7789655 8233221 1000 9500 0 3386718 3620197 0 0 3076866 3430773 6464584 7060470 1325071 1172751 156570037 174413607 142136192 158807011 14433845 15606596 X members helping members in a community-based, not-for-profit organization, with the goal of becoming our members primary financial institution; protecting members assets and providing personal, convenient and competitive services. false false MEMBERSHIP - ANOKA HENNEPIN CREDIT UNION SERVED THE FINANCIAL NEEDS OF 17,101 MEMBERS. AN AVERAGE OF 5.55 PRODUCTS AND SERVICES WERE USED PER MEMBER AS OF DECEMBER 31, 2016. SAVINGS - ANOKA HENNEPIN CREDIT UNION PROVIDES 32,095 SAVINGS PRODUCTS TO MEMBERS. THIS INCLUDES SHARE ACCOUNTS, SHARE DRAFT ACCOUNTS, IRAs, SHARE CERTIFICATES, AND MONEY MARKET ACCOUNTS. LOANS - ANOKA HENNEPIN CREDIT UNION PROVIDES 8,318 LOAN PRODUCTS TO MEMBERS, INCLUDING REAL ESTATE, VEHICLE, OTHER SECURED, UNSECURED, AND CREDIT CARD LOANS. false false false false false false false false false false true true false false true false false false false false false false false false false false false false true true false false false false false false false true true true false false false false false false false false false false false true 2369 0 true 98 true true true false false false false false false false false false false X 9 8 true false false false true true true true false false false true true true true true true true true false X X MARTIN WALIGORA 7634220290 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 TERRY ANDERSON Director 1.00 0.00 X 1160 0 0 CHRISTIAN MELBERG Director 1.00 0.00 X 970 0 0 TODD PROULX Director 1.00 0.00 X 2846 0 0 JOHN FRANTESL Director 1.00 0.00 X 1040 0 0 MARK UNDIS Chairman 1.00 0.00 X 1060 0 0 ALAN VOKATY Director 1.00 0.00 X 970 0 0 JEFFREY CLAUSSEN President & CEO 40.00 0.00 X X 244834 0 25995 JIM GAFFNEY Director 1.00 0.00 X 1110 0 0 MARTIN WALIGORA CFO 40.00 0.00 X 142669 0 20079 JAMES BACIGALUPO EXECUTIVE VP 40.00 0.00 X 118844 0 19494 515503 65568 3 false true false FISERV INC 4897 LAKE PARK BLVD STE 200 LAKE CITY UT 84120 COMP SYSTEM SUPPORT 305571 1 0 COMMISSION INCOME 522100 174498 174498 DEBIT AND CREDIT CARD 522100 1182067 1182067 FEE INCOME 522100 1194602 1194602 INTEREST ON LOANS 522100 4872354 4872354 OTHER OPERATING INCOME 522100 118035 118035 7541556 498597 498597 0 0 24600 24600 24600 24600 0 0 0 105168 105168 105168 GAIN(LOSS)-FIXED ASSETS 522100 63300 63300 63300 8233221 8040153 105168 87900 0 9500 0 0 581417 0 2212716 139961 469185 216918 0 31471 36757 0 0 0 0 213331 186184 248596 0 448912 3703 0 30899 0 0 253902 54737 Debit & Credit Card Expenses 801135 Professional & Outside Service 528965 Loan Servicing Expenses 314194 Dividends on Member Shares 150346 127641 7060470 0 0 0 1654313 1516921 20434760 28634990 0 243075 308809 0 0 96508723 98976769 0 301563 277073 8774321 4378664 4441282 4395657 11865956 11929735 15113624 22553624 0 0 6006741 5820029 156570037 174413607 928287 1214339 6135 141201770 157592672 142136192 158807011 X 14433845 15606596 14433845 15606596 156570037 174413607 1172751 X false false false 1048740 1048740 4757735 1836069 2921666 341589 320501 21088 2626257 2222094 404163 4395657 22553624 Member Shares & Savings 157592672 157592672 true 0 0 Scholarship 10 9500 X X X true true X X false false false JEFFREY CLAUSSEN President & CEO 244834 25995 270829 MARTIN WALIGORA CFO 142669 20079 162748 Part I, Line 1a: Relevant information in regards to selections on 1a. HEATHER CLAUSSEN FAMILY 1000 SCHOLARSHIP TANYA L BACIGALUPO FAMILY EMPLOYEE COMPENSATION false Schedule L, Part V Supplemental Information SCH. L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS:A) NAME OF PERSON: TANYA L BACIGALUPOB) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF OFFICERSCH. L, PART IV, BUSINESS TRANSACTION INVOLVING INTERESTED PERSONS:A) NAME OF PERSON: HEATHER CLAUSSENB) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF OFFICER Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: OTHER PRODUCTS AND SERVICES - ANOKA HENNEPIN CREDIT UNION DELIVERS 54,480 OTHER FINANCIAL PRODUCTS AND SERVICES TO MEMBERS INCLUDING DEBIT CARDS, INTERNET BANKING, BILL PAYMENT, INSURANCE, AND SAFE DEPOSIT BOXES. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et JEFFREY CLAUSSEN AND JAMES BACIGALUPO - FAMILY RELATIONSHIP Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder MEMBERSHIP TO THE ORGANIZATION IS LIMITED TO THOSE WHO ARE EMPLOYEES AND FAMILY MEMBERS OF SUCH EMPLOYEES OF THE ORGANIZATIONS STATED IN THE BYLAWS OF ANOKA HENNEPIN CREDIT UNION. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body ALL PRIMARY MEMBERS HAVE THE RIGHT TO VOTE TO ELECT MEMBERS TO OUR GOVERNING BODY. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders ALL ELIGIBLE MEMBERS MAY VOTE ON CHANGES TO THE BYLAWS OF ANOKA HENNEPIN CREDIT UNION, APPROVAL OF DIRECTOR STIPENDS, THE REMOVAL OF DIRECTORS, OR THE REMOVAL OF ANOTHER MEMBER UNDER CERTAIN CIRCUMSTANCES. Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings THE COMMITTEES ARE NOT GRANTED AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Line 11b: Form 990 Review Process A FINAL COPY OF FORM 990 WAS AVAILABLE TO EACH VOTING MEMBER OF OUR GOVERNING BODY VIA A BOARD MEMBER WEBSITE AFTER THE CEO AND CFO DOES AN INITIAL REVIEW AND PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts CONFLICTS OF INTEREST ARE MONITORED BY INTERNAL AUDITS, EXTERNAL (CPA FIRM) AUDITS, AND NCUA AND STATE EXAMS. ALL EMPLOYEES ARE COVERED BY THE POLICY, INCLUDING MEMBERS OF MANAGEMENT AND THE BOARD OF DIRECTORS. DETERMINATIONS ARE MADE BY THE PRESIDENT AND CEO. ACTUAL CONFLICTS ARE REVIEWED BY THE CHAIRPERSON OF THE BOARD AND THE MANAGEMENT TEAM. IF A CONFLICT ARISES, THE IDENTIFIED PERSON IS RESTRICTED AND MAY NOT VOTE OR MAKE RECOMMENDATIONS ON PROPOSALS FROM THOSE ENTITIES. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE VICE PRESIDENT OF HUMAN RESOURCES REVIEWED AND COLLECTED INFORMATION FROM CREDIT UNION EXECUTIVES SOCIETY (CUES), CREDIT UNION NATIONAL ASSOCIATION (CUNA), AND GOVERNMENT AGENCY RESOURCES TO FORMULATE RANGES FOR COMPENSATION. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE VICE PRESIDENT OF HUMAN RESOURCES REVIEWED AND COLLECTED INFORMATION FROM CREDIT UNION EXECUTIVES SOCIETY (CUES), CREDIT UNION NATIONAL ASSOCIATION (CUNA), AND GOVERNMENT AGENCY RESOURCES TO FORMULATE RANGES FOR COMPENSATION. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS ARE POSTED ON THE WEBSITE, WWW.AHCU.NET, AND ARE PROVIDED UPON WRITTEN REQUEST TO THE GENERAL PUBLIC. THE FINANCIAL STATEMENTS ARE POSTED MONTHLY IN ALL OFFICES, AND ARE AVAILABLE QUARTERLY ON THE NCUA'S WEBSITE, WWW.NCUA.GOV. ANOKA HENNEPIN CREDIT UNION FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:BECOMING OUR MEMBERS' PRIMARY FINANCIAL INSTITUTION; PROTECTING MEMBERS' ASSETS AND PROVIDING PERSONAL, CONVENIENT, AND COMPETITIVE SERVICES.