2017-07-21T08:35:04-05:00 2016-12-31 721202445 POSTLETHWAITE & NETTERVILLE 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 990 2016-01-01 720454922 SOUTHWEST LOUISIANA CREDIT UNION SOUT 3374779190 4056 RYAN STREET LAKE CHARLES LA 70605 RONALDO HARDY CHIEF EXECUTIVE OFFICER 3374779190 2017-07-07 1 DAVID EDMOND P01086254 2259224600 206.124.204.139 2017-07-07 13:46:47 CD P F746484A8E732182667E5E81F7BDED192AF91102 1C10DBD8397BFBA9B8F3CE219278F8E85F486C60 2016 2021-01-29 14:40:06Z RONALDO HARDY 4056 RYAN STREET LAKE CHARLES LA 70605 7836320 0 X WWW.SWLACU.COM X 1952 LA HELPING MEMBERS WITH THEIR FINANCIAL NEEDS 9 0 60 11 6080 -4778 0 0 4735972 4499829 180577 320892 3034585 3015599 7951134 7836320 0 0 0 0 2392951 2663491 0 0 0 4040745 4625846 6433696 7289337 1517438 546983 90551850 96798237 78049420 83748824 12502430 13049413 HELP MEMBERS WITH FINANCIAL NEEDS 0 0 ENCOURAGE THRIFT AMONG THE MEMBERS MAKE MEMBER-LOANS AT REASONABLE RATES PAY A FAIR RATE OF RETURN ON MEMBER-SAVINGS 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 3258 0 1 60 1 1 1 0 0 0 0 0 0 0 X 9 0 0 0 0 0 1 1 1 1 1 0 1 1 1 1 0 0 0 1 0 0 0 LA X THE ORGANIZATION 3374779190 4056 RYAN STREET LAKE CHARLES LA 70605 MICHAEL DRONET CHAIRPERSON 2.00 X X 0 0 0 KEVIN ISTRE VICE CHAIRPERSON 2.00 X X 0 0 0 WILLIAM WILKIE BOARD TREASURER 2.00 X X 0 0 0 BETTY MITCHELL BOARD SECRETARY 2.00 X X 0 0 0 THOMAS CONNER BOARD MEMBER 2.00 X 0 0 0 ROBERT COLLINS BOARD MEMBER 2.00 X 0 0 0 DONNA SMITH BOARD MEMBER 2.00 X 0 0 0 GENE STEECH BOARD MEMBER 2.00 X 0 0 0 ALTON CHILDS BOARD MEMBER 2.00 X 0 0 0 MARK DUNCAN SUPERVISORY COMMITTEE MBR 2.00 X 0 0 0 CHRIS EDWARDS SUPERVISORY COMMITTEE MBR 2.00 X 0 0 0 RONALDO HARDY CHIEF EXECUTIVE OFFICER 40.00 X 32000 0 0 JIM GIFFIN CHIEF EXECUTIVE OFFICER 40.00 X 68539 0 0 ANGIE BELLOW CHIEF OPERATING OFFICER 40.00 X 100837 0 0 201376 0 0 1 0 0 0 TRANSFUND PO BOX 2300 TULSA OK 74192 ATM SUPPORT AND CASH MANAGEMENT SERVICES 380567 FISERV 1600 CROOKS ROAD SUITE 101 TROY MI 48098 CORE PROCESSOR 319170 BANCVUE 4516 SEATON CENTER SUITE 300 AUSTIN TX 78759 KASASA CHECKING PRODUCT AND WEBSITE HOST 115372 3 INTEREST ON LOANS 522100 4499829 4499829 4499829 320892 320892 COURTESY PAY FEES 522100 1092156 1092156 OTHER EXEMPT INCOME 524298 971907 971907 SHARE DRAFT FEES 522100 366137 366137 585399 579319 6080 3015599 7836320 7509348 6080 320892 X 960912 1000140 547850 154589 43309 51950 35 737428 227098 46247 439026 154990 7638 59936 425246 247479 69095 PROVISION FOR LOAN LOSS 1304528 MISCELLANEOUS EXPENSES 236490 OPERATIONS EXPENSE 229063 MAINTENANCE 164083 182205 7289337 4719114 4851412 21414000 30175000 60613722 58210724 353139 312845 5239927 2150720 3200147 3089207 251728 159049 90551850 96798237 78049420 83748824 78049420 83748824 X 0 0 0 0 12502430 13049413 12502430 13049413 90551850 96798237 546983 0 X X 0 1 X 1 0 754364 754364 3027172 1148974 1878198 1458391 1001746 456645 3089207 X 7836320 0 7836320 0 7836320 7289337 0 7289337 0 7289337 PART X, LINE 2: THERE ARE NO AMOUNTS ACCRUED OR NECESSARY RELATED TO UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2013. ROBERT COLLINS BOARD MEMBER REFINANCE CAR X 45000 37940 0 1 1 ROBERT COLLINS BOARD MEMBER REAL ESTATE X 221904 213521 0 1 1 THOMAS CONNER BOARD MEMBER 1ST MORTGAGE REAL ESTATE X 127500 82051 0 1 1 BETTY MITCHELL BOARD MEMBER PERSONAL X 2500 1721 0 1 1 BETTY MITCHELL BOARD MEMBER NEW AUTO X 23642 13739 0 1 1 WILLIAM WILKIE BOARD MEMBER REAL ESTATE X 6500 418 0 1 1 MICHAEL DRONET CHAIRPERSON HOME IMPROVEMENT X 12307 7976 0 1 1 MICHAEL DRONET CHAIRPERSON MOTORCYCLE X 17662 5038 0 1 1 MICHAEL DRONET CHAIRPERSON REAL ESTATE X 48790 45781 0 1 1 MARK DUNCAN SUPERVISORY COMMITTEE MEMBER REFINANCE CAR X 26000 19318 0 1 1 KEVIN ISTRE BOARD MEMBER REAL ESTATE X 80750 47220 0 1 1 GENE STEECH BOARD MEMBER BOAT/TRAILER X 29042 9080 0 1 1 JAMES CHILDS JR BOARD MEMBER PERSONAL X 30310 18076 0 1 1 DONNA SMITH BOARD MEMBER FURNITURE/APPLIANCE X 15782 15654 0 1 1 DONNA SMITH BOARD MEMBER USED AUTO X 13744 5684 0 1 1 CHRIS EDWARDS SUPERVISORY COMMITTEE MEMBER REFINANCE CAR X 34575 1249 0 1 1 CHRIS EDWARDS SUPERVISORY COMMITTEE MEMBER USED AUTO X 12773 960 0 1 1 LINDA STERLING CCO CONSOLIDATE DEBT X 25936 25936 0 1 1 LINDA STERLING CCO REFINANCE CAR X 8625 7479 0 1 1 558841 FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES PROVIDE HELPFUL MEMBER FINANCIAL SERVICES FORM 990, PART VI, SECTION A, LINE 6 SWLACU IS A STATE CHARTERED CREDIT UNION AND AS STATED IN ITS BYLAWS, IT IS MADE UP OF ITS MEMBER OWNERS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD OF DIRECTORS SERVE STAGGERED TERMS THAT ARE UP FOR ELECTION EVERY THREE YEARS. FORM 990, PART VI, SECTION A, LINE 7B DUE TO THE AT LARGE ELECTION PROCESS THAT THE GOVERNING BODY IS SUBJECT TO, THEY ARE ACCOUNTABLE TO THE MEMBERSHIP AS A WHOLE. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARATION OF FORM 990 IS COMPLETED BY OUR AUDITORS, POSTLETHWAITE & NETTERVILLE, APAC, USING DOCUMENTING EVIDENCE PROVIDED BY SOUTHWEST LOUISIANA CREDIT UNION. UPON COMPLETION OF THE FORM IT IS RETURNED TO THE MANAGEMENT TEAM FOR REVIEW. AFTER A SATISFACTORY REVIEW, THE FORM IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES 737,428. FORM 990, PART XII, LINE 2C: THERE IS A DESIGNATED AUDIT COMMITTEE, MADE UP OF SEVERAL BOARD MEMBERS. HOWEVER, THE FULL BOARD IS RESPONSIBLE FOR SELECTION OF AUDITORS.