2017-11-10T11:52:43-06:00 2016-12-31 382492570 DOEREN MAYHEW 12060 S W 129TH COURT STE 201 MIAMI FL 331864582 990 2016-01-01 750763606 TEXAS TRUST CREDIT UNION TEXA 9725951305 5850 WEST INTERSTATE 20 ARLINGTON TX 76017 JAMES MINGE PRESIDENT/CEO 9725951305 2017-11-10 1 DOUGLAS J ORTH P01076394 3052328272 50.235.194.18 2017-11-10 12:24:56 ES P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 062293E64DF58CF8D35332F263D6456F83B37FCF 2016 2018-03-14 21:41:22Z JAMES MINGE 5850 WEST INTERSTATE 20 ARLINGTON TX 76017 69495752 0 X WWW.TEXASTRUSTCU.ORG X 1936 TX PROVIDING MEMBERS A LIFETIME OF FINANCIAL SERVICES AND MAINTAINING A FINANCIALLY STRONG COOPERATIVE. 7 7 342 12 0 0 0 0 38138392 41314645 2969606 3206923 936339 425760 42044337 44947328 0 0 0 0 15290205 15735204 0 0 0 21407581 24071793 36697786 39806997 5346551 5140331 911553178 1020247577 817849091 921058943 93704087 99188634 WE ARE COMMITTED TO BEING OUR MEMBERS' PARTNER, PROVIDING A LIFETIME OF FINANCIAL SERVICES ADJUSTED TO THEIR NEEDS WHILE MAINTAINING A FINANCIALLY STRONG FULL-SERVICE COOPERATIVE. 0 0 INCOME FROM THE CREDIT UNION MEMBERSHIP AND INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 15621 0 1 342 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X DAVID PICKNEY CFO 9725951305 5850 WEST INTERSTATE 20 ARLINGTON TX 76017 LARRY SKINNER BOARD CHAIRMAN 1.00 X 0 0 0 CHARLIE NUTT BOARD-VICE CHAIR 1.00 X 0 0 0 CHARLIE HOLLABAUGH BOARD-MEMBERSHIP OFFICER 1.00 X 0 0 0 DON HIGGINBOTHAM BOARD-SECURITY DIRECTOR 1.00 X 0 0 0 JOHN HAMNER BOARD MEMBER 1.00 X 0 0 0 SUSAN SMITH BOARD-SECRETARY 1.00 X 0 0 0 CHARLIE BOTTORFF BOARD TREASURER 1.00 X 0 0 0 JAMES MINGE PRESIDENT/CEO 40.00 X 467133 0 43923 DAVID PICKNEY EVP/CFO 40.00 X 302370 0 37322 PAMELA STEPHENS EVP/COO 40.00 X 256080 0 26807 WILLIAM KELSEY EVP/CRO 40.00 X 273873 0 25518 RONALD DINWIDDIE EVP/CIO 40.00 X 240466 0 12815 JAMES BLAZEK VP INVESTMENT SERVICES 40.00 X 225988 0 6163 BRADY POPP SVP LENDING COLLECTIONS 40.00 X 175844 0 11121 RONNIE SMITH JR SVP RETAIL DELIVERY 40.00 X 196566 0 16438 CLAY YEARSLEY SVP, DATA ANALYTICS 40.00 X 151786 0 941 PEGGY ESPARZA SVP ACCOUNTING 40.00 X 153517 0 7116 2443623 0 188164 19 0 1 0 RJM CONTRACTORS INC 3629 LOVELL AVE FT WORTH TX 76107 CONSTRUCTION 1601119 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 CORE AND OTHER CRITICAL SYSTEMS 652790 MAVERICK SPORTS PROPERTIESLLC POBOX 843038 KANSAS CITY MO 64184 MARKETING AND ADVERTISING 638000 LANVERA 112 WRANGLER DRIVE SUITE 150 COPPELL TX 75019 STATEMENT PROCESSING 559649 LEVEL 3 COMMUNICATIONS PO BOX 910182 DENVER CO 80291 COMMUNICATION SYSTEM 402140 23 INTEREST ON LOANS 522100 25954820 25954820 FEES AND CHARGES 522100 15359825 15359825 41314645 2711530 2711530 178155 0 178155 178155 178155 25043817 24548424 495393 495393 495393 OTHER 522100 247605 247605 247605 44947328 42235798 0 2711530 1686307 11521658 -109937 1667183 969993 33684 195894 334477 1873835 1007736 1236182 818638 369888 144390 4267966 2617356 MAINTENANCE 2493432 PROVISION FOR LOAN LOSS 2290530 DEBIT CARD SERVICES 1872139 UTILITIES 1229471 3286175 39806997 11005924 10744602 18688866 41938493 654549 376641 5826489 5830273 678108972 775070953 14921430 26190744 55638582 16723566 37433791 38915016 127232843 103138391 315392 252314 17364922 17790150 911553178 1020247577 11547714 10390820 118090000 152490000 688211377 758178123 817849091 921058943 X 0 0 0 0 93704087 99188634 93704087 99188634 911553178 1020247577 X 5140331 -474520 818736 X X 0 1 X 1 0 0 0 7922159 7922159 30963764 6162040 24801724 16752659 10561526 6191133 38915016 FEDERAL AGENCY SECURITIES 227103 F COLLATERALIZED MORTGAGE OBLIGATIONS 49406902 F MORTGAGE-BACKED SECURITIES 33847141 F CERTIFICATE OF DEPOSIT (MATURES 3/11/2018) 249000 C RESTRICTED STOCK 9434445 F CORPORATE BONDS 9973800 F 103138391 SHARES 238069223 SHARE DRAFTS 179807254 MONEY MARKET 95665368 IRA SHARES 14966333 IRA SHARE CERTIFICATE 229669945 758178123 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM THE FEDERAL OR STATE INCOME TAXES. THE CUSOS ARE ORGANIZED AS LIMITED LIABILITY COMPANIES AND FILE A CONSOLIDATED RETURN WITH THE CREDIT UNION. THEREFORE, THE CUSOS ARE NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION IS A TAX-EXEMPT ENTITY UNDER INTERNAL REVENUE CODE 501 (C)(14), BUT MAY BE SUBJECT TO TAXATION ON INCOME UNRELATED TO THE CREDIT UNION'S EXEMPT FUNCTION. STATE CHARTERED CREDIT UNIONS PAY INCOME TAX ON CERTAIN TYPES OF NET TAXABLE INCOME FROM ACTIVITIES THAT TAXING AUTHORITIES CONSIDER UNRELATED TO THE PURPOSE FOR WHICH THE CREDIT UNION WAS GRANTED NONTAXABLE STATUS. THE CREDIT UNION HAS NOT GENERATED TAXABLE INCOME FROM ITS UNRELATED BUSINESS ACTIVITIES DURING 2016 AND 2015. X 1 1 X X X X 0 0 0 JAMES MINGE PRESIDENT/CEO 374065 0 90000 0 3068 0 40999 0 2924 0 511056 0 0 0 DAVID PICKNEY EVP/CFO 249190 0 47180 0 6000 0 32442 0 4880 0 339692 0 0 0 PAMELA STEPHENS EVP/COO 206080 0 44000 0 6000 0 24000 0 2807 0 282887 0 0 0 WILLIAM KELSEY EVP/CRO 220472 0 47401 0 6000 0 22456 0 3062 0 299391 0 0 0 RONALD DINWIDDIE EVP/CIO 192465 0 42001 0 6000 0 8740 0 4075 0 253281 0 0 0 JAMES BLAZEK VP INVESTMENT SERVICES 206343 0 19645 0 0 0 2203 0 3960 0 232151 0 0 0 BRADY POPP SVP LENDING COLLECTIONS 150552 0 25292 0 0 0 10641 0 480 0 186965 0 0 0 RONNIE SMITH JR SVP RETAIL DELIVERY 166094 0 25072 0 5400 0 15663 0 775 0 213004 0 0 0 CLAY YEARSLEY SVP, DATA ANALYTICS 135610 0 16176 0 0 0 0 0 941 0 152727 0 0 0 PEGGY ESPARZA SVP ACCOUNTING 132774 0 20743 0 0 0 6709 0 407 0 160633 0 0 0 JAMES MINGE EMPLOYEE TO FUND LIFE INSURANCE X 3000000 3010664 0 1 1 WILLIAM K KELSEY EMPLOYEE TO FUND LIFE INSURANCE X 1000000 971172 0 1 1 PAMELA STEPHENS EMPLOYEE TO FUND LIFE INSURANCE X 1000000 1042659 0 1 1 VINCENT HEIMANN EMPLOYEE TO FUND LIFE INSURANCE X 445778 445778 0 1 1 KATHRYN MCELROY FORMER EMPLOYEE TO FUND LIFE INSURANCE X 360000 360000 0 1 1 5830273 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A COOPERATIVE OWNED BY ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY IS VOTED ON BY THE ORGANIZATION'S MEMBERS AND ELECTED OR REAFFIRMED AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE SENIOR VP OF RISK MANAGEMENT, VP OF ACCOUNTING AND MEMBERS OF EXECUTIVE MANAGEMENT, INCLUDING THE CEO. IN ADDITION, THE FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING, AS TIME PERMITS. FORM 990, PART VI, SECTION B, LINE 12C DURING NEW EMPLOYEE ORIENTATION, EACH EMPLOYEE IS SHOWN WHERE TO ACCESS POLICIES. THE PROFESSIONAL CONDUCT POLICY, WHICH INCLUDES THE CONFLICTS OF INTEREST POLICY, IS READ IN FULL BY THE EMPLOYEE, ALONG WITH SEVERAL OTHER POLICIES WHICH ARE REVIEWED AND DISCUSSED WITH THE EMPLOYEE(S). EACH EMPLOYEE SIGNS A STATEMENT INDICATING THEY HAVE READ THE POLICY MANUAL, WHICH INCLUDES THE CONFLICTS OF INTEREST POLICY. THIS SIGNED STATEMENT IS MAINTAINED IN THE EMPLOYEE'S PERSONAL FILE IN HUMAN RESOURCES. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES DEPARTMENT ANNUALLY OBTAINS MARKET ANALYSIS FOR PAY GRADES. THE PERSONNEL COMMITTEE REVIEWS AND ESTABLISHES MERIT GRIDS. THE CEO AND ONE OTHER SENIOR MANAGEMENT EXECUTIVE REVIEW AND SIGN OFF ON ALL PERFORMANCE EVALUATIONS AND CORRESPONDING COMPENSATION ADJUSTMENTS. THE BOARD ANNUALLY EVALUATES THE CEO'S PERFORMANCE, AND THE CHAIRMAN OF THE BOARD COMMUNICATES THE RESULTS AND COMPENSATION ADJUSTMENT. FORM 990, PART VI, SECTION C, LINE 19 MEMBERS ARE INFORMED VIA ATHE ORGANIZATION'S WEBSITE THAT THE DOCUMENTS ARE MAINTAINED AND AVAILABLE TO THE PUBLIC IN THE EXECUTIVE MANAGEMENT OFFICES. FORM 990, PART XI, LINE 9: RECLASSIFICATION ADJUSTMENT FOR GAINS INCLUDED IN NET INCOME -78,446. NET ACTUARIAL LOSS ON THE DEFINED BENEFIT PLAN 405,903. DB PLAN AMORT OF PRIOR SERVICE CREDITS, TRANSITION OBLIGATION & NET LOSSES 478,197. CAPITAL ACQUIRED IN MERGER 13,082. FORM 990, PART XII, LINE 2C: WE HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. OUR PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HERITAGE F&I SERVICES LLC PO BOX 2260 MANSFIELD TX 750530630 200311717 INSURANCE AND DATA PROGRAMMING SALES TX 1270598 2889154 TEXAS TRUST CREDIT UNION