2016-05-16T08:39:47-05:00 2015-12-31 390912608 HAWKINS ASH CPAS LLP 2360 DUCK CREEK PARKWAY GREEN BAY WI 543033300 990 2015-01-01 390860994 CENTRAL CITY CREDIT UNION CENT 7153873702 222 UPHAM AVENUE MARSHFIELD WI 544490790 PATRICIA WESENBERG VP FINANCE 7153873702 2016-05-10 1 STEVEN G HANDRICK P00007603 9203369850 2015 2016-09-27 15:27:22Z PATRICIA WESENBERG 222 UPHAM AVENUE MARSHFIELD WI 54449 10505796 0 X WWW.CENTRALCITYCU.COM X 1949 WI A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS. 9 9 96 9 7110 -14351 0 0 9152184 9963024 584049 540993 0 250 9736233 10504267 0 0 0 0 3958427 4244379 0 0 0 4678068 4806807 8636495 9051186 1099738 1453081 209653537 224201044 188948663 202087471 20704874 22113573 A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSIT FOR AND MAKING LOANS TO MEMBERS. 0 0 HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS 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 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 5369 0 1 96 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X PATRICIA WESENBERG 7153873702 222 UPHAM AVENUE MARSHFIELD WI 544490790 RICHARD VOIGT CHAIRMAN 1.00 X X 990 0 0 MARK PAGE VICE CHAIR 0.75 X X 780 0 0 JOHN WELTER DIRECTOR 0.50 X 600 0 0 PATTI SHAFTO-CARLSON DIRECTOR 0.50 X 550 0 0 HERB STEPHANI DIRECTOR 0.50 X 450 0 0 TOM MCCARTEN DIRECTOR 0.50 X 450 0 0 SUE SHULFER SECRETARY/TREASURER 0.75 X X 685 0 0 CLIFF WIERNIK DIRECTOR 0.50 X 450 0 0 BOBBI BRADLEY DIRECTOR 0.50 X 600 0 0 PATRICIA WESENBERG PRESIDENT/CEO 40.00 X 193791 0 23197 SUE FOTH EXECUTIVE VICE PRESIDENT 40.00 X 127126 0 16759 326472 0 39956 2 1 1 0 FIS - ACCOUNTING DEP PO BOX 4535 CAROL STREAM IL 60197 DEBIT CARD PROCESSING 396546 DIGITAL INSIGHT PO BOX 515306 LOS ANGELES CA 90051 WEB, HOME BANKING, BILL PAYMENTS 331407 IDSCOM 747 E WHITCOMB AVE MADISON HEIGHTS MI 48071 STATEMENT, IRS FORMS PROCESSING 168795 3 PROG.SERV.REVENUE-RELATED-990 522100 9955914 9955914 ATM FOREIGN USER FEE INCO 900099 7110 7110 9963024 542522 542522 250 0 250 250 250 1529 -1529 -1529 -1529 10504267 10497157 7110 0 366428 2508368 177115 935634 256834 21799 46276 177649 89611 832707 621404 DIVIDENDS ON SHARES 663378 DEBIT/CREDIT CARD EXPEN 646371 OTHER EXPENSES 487752 HOME BANKING EXPENSE 338706 881154 9051186 11081983 16228594 15633000 19621000 921700 1106040 1163162 1163162 148862136 157944985 545453 464580 8369137 4584496 4082790 3784641 20082943 16050238 2618088 2556806 4662282 5280998 209653537 224201044 1234233 1455883 187714430 200631588 188948663 202087471 X 0 0 4469849 4469849 16235025 17643724 20704874 22113573 209653537 224201044 1453081 -44382 0 X X 0 1 X 1 0 470920 470920 3368948 1337311 2031637 378521 67533 310988 3825986 2943653 882333 324762 235999 88763 3784641 SHARES 200631588 200631588 X 10504267 0 10504267 0 10504267 9051186 0 9051186 0 9051186 PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CREDIT UNION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CREDIT UNION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CREDIT UNION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CREDIT UNION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CREDIT UNION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. THE CREDIT UNION IS NO LONGER SUBJECT TO FEDERAL TAX EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE 2012 AND STATE EXAMINATION FOR THE YEARS BEFORE 2011. X X X 1 1 X X X 1 0 0 PATRICIA WESENBERG PRESIDENT/CEO 193791 0 0 0 0 0 20306 0 2891 0 216988 0 0 0 SUE FOTH EXECUTIVE VICE PRESIDENT 127126 0 0 0 0 0 12410 0 4349 0 143885 0 0 0 PART I, LINE 1A CONTRACTUAL OBLIGATION. PART I, LINE 1B GROUP LIFE/SPLIT DOLLAR PART I, LINE 4A SUSAN FOTH, 38,891.70 ROBERT KUBLANK FORMER CVO SPLIT DOLLAR LIFE INSURANCE POLICY X 0 1163162 0 1 1 PATRICIA WESENBERG PRESIDENT/CEO SPLIT DOLLAR LIFE INSURANCE POLICY X 0 1106040 0 1 1 2269202 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE INDIVIDUALS LIVING OR WORKING IN ADAMS, CLARK, JACKSON, MARATHON, PORTAGE, SHAWANO, WAUPACA, WAUSHARA, WOOD COUNTIES AND THE TOWNSHIP OF ALMA; EMPLOYEES OF THE CP RAIL SYSTEMS, COPPS COMPANY AND CORPORATION, DELTA DENTAL PLAN OF WISCONSIN, DONALDSON COMPANY, CORPORATE EXPRESS, HERRSCHNERS, INC., NAPA DISTRIBUTION CENTER, SKYWARD, STEEL KING INDUSTRIES, INC., SNE CORPORATION, SUNRISE MEDICAL, AND STOCKHOLDERS OR PATRONS OF THE TOMORROW VALLEY CO-OP. THAT HAVE DEPOSITS WITH THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A BOARD OF DIRECTORS IS ELECTED BY MEMBERS FORM 990, PART VI, SECTION B, LINE 11 BOARD MEETING FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS BOTH A FRAUD AND ANIT-BRIBERY ACT POLICY IN THE HANDBOOK THAT EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE EACH YEAR THAT ADDRESES PREFERENTIAL TREATMENT, THE ACCEPTANCE OF GIFTS FROM A THIRD PARTY TO DERIVE SPECIAL FAVORS, AND UNAUTHORIZED DISCLOSURE OR MANIPULATION OF MEMBER ACCOUNT INFORMAITON. ALL BOARD MEMBERS MUST SIGN A CODE OF CONDUCT AGREEMENT AND CONFLICT OF INTEREST STATEMENT AND DISCLOSURE ANNUALLY AS PART OF THE REORGANIZATIONAL MEETING. FORM 990, PART VI, SECTION B, LINE 15 VARIOUS SOURCES OF COMPARATIVE DATA ARE USED AND RANGES ARE DETERMINED FOR EACH POSITION. THESE RANGES ARE REVIEWED AGAINST INDUSTRY STANDARDS EACH YEAR AND AJUSTED AS NECESSARY. THE BOARD REVIEWS CEO ANNUALLY AND THE CEO REVIEWS PERFORMANCE OF KEY EMPLOYEES ANNUALLY. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND AN ANNUAL REPORT IS PRINTED FOR EACH YEAR-END. ANY OTHER REQUESTS FOR INFORMATION WOULD BE SUBMITTED TO THE PRESIDENT/CEO OR BOARD CHAIRMAN FORM 990 PART XII LINE 2C NO CHANGE AS THE BOARD OF DIRECTORS OVERSEES THE AUDIT.