2017-10-23T07:58:22-06:00 2016-12-31 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2016-01-01 470381807 WESTERN HERITAGE CREDIT UNION WEST 3087625702 103 EAST 1 STREET ALLIANCE NE 69301 JENNIFER ZANASSI VP OPERATIONS 3087625702 2017-10-23 true JEAN SMITH CPA P00479382 6053425630 2017-10-23 7FEF14F802C4A1A569C9B87F7A44487665AB8232 D350269B6C1E361BFE3BE5786FA149191CA99CAB 2016 2021-01-29 14:40:06Z JENNIFER ZANASSI 103 EAST 1ST STREET ALLIANCE NE 69301 4611946 false X WWW.WHCU.COM X COOPERATIVE 1936 NE TO SERVE THE EMPLOYEES OF BNSF RAILWAY OF ALLIANCE, NEBRASKA AND ANY OTHER PERSON LIVING OR WORKING IN THE PANHANDLE OF NEBRASKA WITH ALL OF THEIR FINANCIAL NEEDS. THE CREDIT UNION EXISTS TO PROMOTE THRIFT AMONG, AND PROVIDE A SOURCE OF CREDIT FOR, ITS MEMBERS. 7 7 39 9 0 0 3912453 4301923 430279 223625 16843 33299 4359575 4558847 4810 5976 0 1712358 1785077 0 0 2455055 3292742 4172223 5083795 187352 -524948 79436866 76058817 72056414 69183289 7380452 6875528 X TO SERVE THE EMPLOYEES OF BNSF RAILWAY OF ALLIANCE, NEBRASKA AND ANY OTHER PERSON LIVING OR WORKING IN THE PANHANDLE OF NEBRASKA WITH ALL OF THEIR FINANCIAL NEEDS. THE CREDIT UNION EXISTS TO PROMOTE THRIFT AMONG, AND PROVIDE A SOURCE OF CREDIT FOR, ITS MEMBERS. false false LOANS ARE GRANTED TO INDIVIDUALS WHO ARE MEMBERS OF THE CREDIT UNION AND WHO QUALIFY FOR SUCH LOANS UNDER BOARD OF DIRECTOR APPROVED POLICIES. LOANS INCLUDE AUTO, RECREATIONAL, CREDIT CARD, SIGNATURE AND MORTGAGE LOANS. A VARIETY OF SERVICES ARE PROVIDED TO CREDIT UNION MEMBERS, INCLUDING SHAREDRAFT ACCOUNTS, WIRE TRANSFERS, SHARED BRANCHING, ATM/DEBIT CARDS, MONEY ORDERS, TRAVEL CARDS AND ONLINE BANKING. 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 false true false false false false false false false false false false true false false false true 1574 0 true 39 true false false false false false false X 7 7 false false false false true true true true true false true true true true true true false false true true false X JENNIFER ZANASSI 3087625702 103 EAST 1ST STREET ALLIANCE NE 69301 MIKE FREISZ CHAIRMAN 4.00 X X 0 0 0 JOCK FARIS VICE-CHAIRMA 2.00 X X 0 0 0 VICKIE MATTOX SECRETARY/TR 2.00 X X 0 0 0 BRENDA MCDONALD DIRECTOR 2.00 X 0 0 0 TIM MILLS DIRECTOR 2.00 X 0 0 0 RICK RIDENOUR DIRECTOR 2.00 X 0 0 0 DAN KUSEK DIRECTOR 3.00 X 0 0 0 KURT SCHMIDT PRESIDENT/CE 40.00 X 142799 0 10149 WILLISE SEE VP MEMBER SU 40.00 X 54573 0 1587 JENNIFER ZANASSI VP OPERATION 40.00 X 19279 0 7202 HELEN DAFNEY VP OPERATION 40.00 X 9247 0 1838 225898 20776 1 false true false GO WEST IT 5161 E ARAPAHOE RD SUITE 220 CENTENNIAL CO 80122 IT SERVICES 206817 FISERV PO BOX 99924 GRAPEVINE TX 760999724 DATA PROCESSING 145206 2 LOAN INTEREST INCOME 522100 2879116 2879116 SERVICE FEE INCOME 522100 542574 542574 SHAREDRAFT FEE INCOME 522100 470625 470625 INSURANCE/WARRANTY INCOME 522100 409608 409608 4301923 203867 203867 72857 53099 19758 19758 19758 MISCELLANEOUS REVENUE 522100 33299 33299 33299 4558847 4335222 223625 5976 246674 971512 119298 363324 84269 3642 44357 423836 72379 261668 240402 130484 8833 140563 22203 150526 44481 LOAN LOSS PROVISION 722142 PROCESSING FEES-TRANS 436766 DIVIDENDS TO MEMBERS 402399 DUES, FEES, SUBSCRIPTIONS 107480 80581 5083795 0 0 0 2653185 2922975 3055765 2644268 82170 44628 51473368 53218968 297427 433868 4298424 1689432 2716098 2608992 17349110 12077489 1809743 2107629 79436866 76058817 855085 849559 4000000 1500000 67201329 66833730 72056414 69183289 X 7380452 6875528 7380452 6875528 79436866 76058817 -524948 20024 X X false true X true false 545470 545470 2568672 749902 1818770 1184282 939530 244752 2608992 US GOVERNMENT AGENCY SECURITIES 12077489 F 12077489 MEMBER DEPOSITS 66833730 66833730 X X false false false KURT SCHMIDT PRESIDENT/CEO 142799 2243 7906 152948 FORM 990 - ORGANIZATION'S MISSION TO SERVE THE EMPLOYEES OF BNSF RAILWAY OF ALLIANCE, NEBRASKA AND ANY OTHER PERSON LIVING OR WORKING IN THE PANHANDLE OF NEBRASKA WITH ALL OF THEIR FINANCIAL NEEDS. THE CREDIT UNION EXISTS TO PROMOTE THRIFT AMONG, AND PROVIDE A SOURCE OF CREDIT FOR, ITS MEMBERS. FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDES PEOPLE WHO LIVE OR WORK IN THE NEBRASKA PANHANDLE, AS WELL AS THEIR IMMEDIATE FAMILIES. THE COUNTIES ELGIBLE FOR MEMBERSHIP INCLUDE DAWES,SHERIDAN, SIOUX, BOX BUTTE, SCOTTSBLUFF, MORRILL, GARDEN, GRANT, BANNER,CHEYENNE, DEUEL AND KIMBALL. INDIVIDUALS MEETING THIS REQUIREMENT COMPLETE AN APPLICATION THAT IS APPROVED BY A MEMBERSHIP OFFICER. MEMBERS ARE REQUIRED TO MAINTAIN ONE 5 MEMBERSHIP SHARE. FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER HAS THE RIGHT TO ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS MUST APPROVE ANY FORM OF MERGER OR CONSOLIDATION. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY A LICENSED CPA AND REVIEWED IN DETAIL BY THE PRESIDENT/CEO. IT IS ALSO PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST STATEMENT IS COMPLETED WHEN AN EMPLOYEE/DIRECTOR IS HIRED/ELECTED, AND ANNUALLY THEREAFTER. THE CONFLICT OF INTEREST STATEMENT IS THEN USED TO FLAG EMPLOYEE/DIRECTOR MEMBER ACCOUNTS (AND FAMILY MEMBERS)TO ENSURE THE EMPLOYEE/DIRECTOR CAN'T MAKE TRANSACTIONS ON THOSE ACCOUNTS. IN ADDITION, EMPLOYEES/DIRECTORS MUST REFRAIN FROM ACTING ON ANYTHING THAT MAY BE BENEFICIAL TO PEOPLE OR ORGANIZATIONS IDENTIFIED AS POTENTIAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT/CEO PAY IS DETERMINED BY THE INDEPENDENT BOARD OF DIRECTORS BASED ON BUDGETED DOLLARS AND A COMPARISON WITH OTHER CREDIT UNIONS. FORM 990, PAGE 6, PART VI, LINE 15B THE PAY FOR OTHER KEY EMPLOYEES IS DETERMINED BY THE PRESIDENT/CEO SUBJECT TO THE BUDGET THAT THE BOARD HAS APPROVED. CONSIDERATION IS GIVEN TO SIMILAR POSITIONS AT OTHER CREDIT UNIONS WHEN SETTING SALARIES. FORM 990, PAGE 6, PART VI, LINE 19 OUR FINANCIAL STATEMENTS ARE AVAILABLE IN THE LOBBIES OF OUR BRANCH LOCATIONS. UPON REQUEST, PER OUR MEMBERSHIP CONTRACT, WE WILL PROVIDE OUR ORGANIZING DOCUMENTS; HOWEVER, THE GENERAL PUBLIC IS NOT PRIVY TO THIS INFORMATION. FORM 990, PART XII AUDITED FINANCIAL STATEMENTS ARE RECEIVED ON A FISCAL YEAR BASIS ENDING SEPTEMBER 30TH EACH YEAR; HOWEVER, THEY DO NOT COINCIDE WITH THE ANNUAL PREPARATION OF FORM 990. WESTERN HERITAGE INSURANCE LLC 103 EAST 1 STREET ALLIANCE NE 69301 460000000 INSURANCE NE 15526 6256 WHCU WESTERN HERITAGE CREDIT UNION