2016-10-28T12:29:18-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2015-01-01 866050959 TRUWEST CREDIT UNION TRUW 6026292062 1667 N PRIEST DRIVE TEMPE AZ 85281 BRAD TANBERG SR VP FINANCE 6026292062 2016-10-20 1 JANIS ISAACSON P00089104 6022662248 2015 2017-02-10 21:41:12Z BRAD TANBERG 1667 N PRIEST DRIVE TEMPE AZ 85281 52367664 0 X WWW.TRUWEST.ORG X 1952 AZ A COOPERATIVE PROVIDING FINANCIAL SOLUTIONS SO MEMBERS CAN ACHIEVE THEIR GOALS. 9 9 272 14 401244 -352093 0 0 42030768 44495017 3785897 4018584 0 0 45816665 48513601 11250 16500 0 0 17391954 19416445 0 0 0 23041520 25630820 40444724 45063765 5371941 3449836 893629857 927024609 797936125 828657401 95693732 98367208 A COOPERATIVE PROVIDING FINANCIAL SOLUTIONS SO MEMBERS CAN ACHIEVE THEIR GOALS. 0 0 THE CREDIT UNION PROVIDES ITS MEMBER-OWNERS LOW COST FINANCIAL SERVICES INCLUDING FINANCIAL PLANNING. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18846 0 1 272 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AZ X BRAD TANBERG 6026292062 1667 N PRIEST DRIVE TEMPE AZ 85281 THOMAS CUMMISKEY CHAIRMAN 10.00 X 0 0 0 JEFF HOMER DIRECTOR 4.00 X 0 0 0 JEFFREY MYERS SECRETARY 4.00 X 0 0 0 DAVID PRECHTEL VICE CHAIRMAN 4.00 X 0 0 0 TIM NIESZ DIRECTOR 4.00 X 0 0 0 MIKE MOULTON DIRECTOR 4.00 X 0 0 0 SCOTT JOHS TREASURER 6.00 X 0 0 0 RICK O'CONNOR DIRECTOR 4.00 X 0 0 0 MIKE VASKO DIRECTOR 4.00 X 0 0 0 ALAN ALTHOUSE PRESIDENT & CHIEF FINANCIA 40.00 X 296476 0 152972 GARY BERNARD EVP CHIEF OPERATIONS OFFIC 40.00 X 228921 0 121495 DAN DESMOND CHIEF EXECUTIVE 40.00 X 1380005 0 33227 FARID FARBOD SVP CHIEF LENDING OFFICER 40.00 X 201724 0 99480 CHRIS KEARNEY SVP CHIEF INFORMATION OFFI 40.00 X 187963 0 68689 JEFF PEABODY SVP CHIEF MARKETING OFFICE 40.00 X 186666 0 42936 BRENT CATTANI FINANCIAL ADVISOR II 40.00 X 215795 0 28788 SCOTT WILLIAMS VP COMMERCIAL LENDING 40.00 X 156939 0 9382 DARREN KENNON FINANCIAL ADVISOR II 40.00 X 198210 0 30677 KATHERINE SCIASCIA MORTGAGE LOAN ORIGINATOR 40.00 X 232637 0 31579 JESUS PEREZ MORTGAGE LOAN ORIGINATOR 40.00 X 169918 0 21594 3455254 0 640819 26 0 1 0 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 22716 CREDIT AND DEBIT CARD SERVICES 2832326 DBSI INCORPORATED 6950 W MORELOS PL CHANDLER AZ 85226 CONSTRUCTION-BRANCH BUILDOUT AND REMODEL 2289162 BUSINESS DATA INC PO BOX 6081 INGLEWOOD CA 90312 MEMBER STATEMENT AND NOTICES 538564 MRY LLC 7719 W ACOMA DR PEORIA AZ 85381 CREATIVE MARKETING GRAPHIC DESIGN 531960 NEXTNET PARTNERS LLC 255 FISERV DR BROOKFIELD WI 53045 NETWORK CONSULTANTS 494126 30 PROG.SERV.REVENUE-RELATED-990 522100 44093773 44093773 UNRELATED BUSINESS INCOME 522100 401244 401244 44495017 3268522 3268522 4125556 478569 3388810 465253 736746 13316 750062 750062 48513601 44843835 401244 3268522 X 16500 4096073 11532972 751591 2002400 1033409 276126 54356 5564949 1511976 2833182 79785 236398 1657269 OPERATIONS 8391203 PROVISION FOR LOAN LOSS 4237157 OTHER EXPENSES 788419 45063765 7789794 7478990 37905556 41277088 723181941 783114899 37612936 15815591 20384740 21797345 77377235 42794890 26990591 30561397 893629857 927024609 10917374 11787357 787018751 816870044 797936125 828657401 X 0 0 0 0 95693732 98367208 95693732 98367208 893629857 927024609 3449836 -776360 0 X X 0 1 X 1 0 10200730 10200730 10212336 4706173 5506163 14797368 11109418 3687950 2402502 2402502 21797345 MEMBER DEPOSIT ACCOUNTS 816870044 816870044 X 48513601 0 48513601 0 48513601 45063765 0 45063765 0 45063765 PART X, LINE 2: THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2015 AND 2014. 1 SCHOLARSHIP 7 16500 PART I, LINE 2: THE CHECKS ARE ISSUED DIRECTLY TO THE INDIVIDUAL'S SCHOOL IN THE UNITED STATES. X X X X X 0 0 0 ALAN ALTHOUSE PRESIDENT & CHIEF FINANCIA 260007 0 36300 0 169 0 97073 0 55899 0 449448 0 0 0 GARY BERNARD EVP CHIEF OPERATIONS OFFIC 199921 0 29000 0 0 0 104224 0 17271 0 350416 0 0 0 DAN DESMOND CHIEF EXECUTIVE 367097 0 57600 0 955308 0 21200 0 12027 0 1413232 0 947719 0 FARID FARBOD SVP CHIEF LENDING OFFICER 172722 0 27900 0 1102 0 85022 0 14458 0 301204 0 0 0 CHRIS KEARNEY SVP CHIEF INFORMATION OFFI 161863 0 26100 0 0 0 11781 0 56908 0 256652 0 0 0 JEFF PEABODY SVP CHIEF MARKETING OFFICE 160587 0 25500 0 579 0 30909 0 12027 0 229602 0 0 0 BRENT CATTANI FINANCIAL ADVISOR II 215297 0 498 0 0 0 11517 0 17271 0 244583 0 0 0 SCOTT WILLIAMS VP COMMERCIAL LENDING 142635 0 14304 0 0 0 9382 0 0 0 166321 0 0 0 DARREN KENNON FINANCIAL ADVISOR II 197770 0 440 0 0 0 13406 0 17271 0 228887 0 0 0 KATHERINE SCIASCIA MORTGAGE LOAN ORIGINATOR 229075 0 3562 0 0 0 14308 0 17271 0 264216 0 0 0 JESUS PEREZ MORTGAGE LOAN ORIGINATOR 167517 0 2401 0 0 0 10417 0 11177 0 191512 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 AS A FINANCIAL INSTITUTION CHARTERED ORIGINALLY UNDER THE FEDERAL CREDIT UNION ACT AND STATE LAW, THE ORGANIZATION DOES HAVE MEMBERS/OWNERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ELECT THE GOVERNING BODY OF THE INSTITUTION. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS SUCH AS MERGERS AND CONVERSIONS TO A DIFFERENT CHARTER TYPE REQUIRE MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S CEO AND/OR THE CFO PRESENT THE FORM TO THE GOVERNING BODY DURING ONE OF ITS REGULAR MONTHLY MEETINGS, THE BOARD REVIEWS THE FORM PRESENTED BY THE OFFICERS AND FORMALLY MAKE A MOTION TO APPROVE THE FORM BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C REGULARLY MONITOR AND REVIEW ACTIVITY OF THE ENTITY FOR POTENTIAL CONFLICTS. FOR EXAMPLE, ALL LOANS TO MEMBERS OF THE BOARD OF DIRECTORS ARE UNDERWRITTEN BY STAFF USING STANDARD UNDERWRITING GUIDELINES FOR ALL MEMBERS, WITH THE SAME RATES AND TERMS AVAILABLE TO ALL MEMBERS, AND THEN REPORTED TO AND RATIFIED BY THE FULL BOARD OF DIRECTORS. BOARD MEMBERS ALSO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 TRUWEST PERIODICALLY EVALUATES/RE-EVALUATE POSITIONS WITH HRN MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S MONTHLY FINANCIAL STATEMENTS ARE DISPLAYED AT ALL THE BRANCH LOCATIONS, AUDITED FINANCIALS AND OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CREDIT REPORTS 572,229. HOME EQUITY EXPENSE 225,848. LOAN EXPENSE - BLUE BOOK 277. LOAN EXPENSE - OTHER 33,168. LOAN EXPENSE - 1ST MORTGAGE PROCESSING 398,641. MORTGAGE SALES EXPENSE 41,789. DEALER SALES EXPENSE 43,877. LOAN EXPENSE - EFT PHONE PAY 177,707. STUDENT LOAN EXPENSE 879. BUSINESS LOAN EXPENSE 41,140. BUSINESS DEVELOPMENT 1,815. VISA TRUREWARDS-BUSINESS PLATINUM POINTS 7,773. VISA SIGNATURE TRUEREWARDS 896,807. VISA PLATINUM TRUEREWARDS 181,349. DEBIT CARD EXPENSE 1,101,465. VISA SIGNATURE PROCESSING 842,595. VISA GOLD PROCESSING FEES -7,924. VISA PLATINUM PROCESSING FEES 524,130. VISA BUSINESS PROCESSING FEES 9,012. SMALL BALANCE WRITE OFF -7. PLASTIC CARD FRAUD EXPENSE 455,776. MASTER CARD DEBIT FRAUD LOSSES 16,603. FORM 990, PAGE 12, PART XII, LINE 2C: THE SUPERVISORY COMMITTEE IS RESPONSIBLE FOR THE AUDITED FINANCIAL STATEMENTS.