2016-06-30T09:39:59-05:00 2015-12-31 721202445 POSTLETHWAITE & NETTERVILLE 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 990 2015-01-01 720454922 SOUTHWEST LOUISIANA CREDIT UNION SOUT 3374779190 4056 RYAN STREET LAKE CHARLES LA 70605 ANGIE BELLOW CHIEF OPERATING OFFICER 3374779190 2016-06-20 1 DAVID EDMOND P01086254 2259224600 2015 2016-09-27 15:27:22Z ANGIE BELLOW 4056 RYAN STREET LAKE CHARLES LA 70605 7951134 0 X WWW.SWLACU.COM X 1952 LA HELPING MEMBERS WITH THEIR FINANCIAL NEEDS 9 1 52 12 7300 -3426 0 0 4725955 4735972 105759 180577 2841989 3034585 7673703 7951134 0 0 0 0 2306393 2392951 0 0 0 3837955 4040745 6144348 6433696 1529355 1517438 80445065 90551850 69460073 78049420 10984992 12502430 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 2938 0 1 52 1 1 1 0 0 0 0 0 0 0 X 9 1 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 ROBERT COLLINS CHAIRPERSON 2.00 X 0 0 0 MICHAEL DRONET VICE CHAIRPERSON 2.00 X 0 0 0 WILLIAM WILKIE BOARD TREASURER 2.00 X 0 0 0 BETTY MITCHELL BOARD SECRETARY 2.00 X 0 0 0 THOMAS CONNER BOARD MEMBER 2.00 X 0 0 0 JOHNIE W BARTON BOARD MEMBER 2.00 X 0 0 0 KEVIN ISTRE BOARD MEMBER 2.00 X 0 0 0 LARRY BAILEY SR BOARD MEMBER 2.00 X 0 0 0 ALTON CHILDS BOARD MEMBER 2.00 X 0 0 0 DONNA SMITH SUPERVISORY COMMITTEE CHR 2.00 X 0 0 0 MARK DUNCAN SUPERVISORY COMMITTEE MBR 2.00 X 0 0 0 GENE STEECH SUPERVISORY COMMITTEE MBR 2.00 X 0 0 0 JIM GIFFIN CHIEF EXECUTIVE OFFICER 40.00 X 124800 0 0 ANGIE BELLOW CHIEF OPERATING OFFICER 40.00 X 87160 0 0 211960 0 0 1 0 0 0 TRANSFUND PO BOX 2300 TULSA OK 74192 ATM SUPPORT AND CASH MANAGEMENT SERVICES 303237 FISERV 1600 CROOKS ROAD SUITE 101 TROY MI 48098 CORE PROCESSOR 302972 CORNERSTONE 155 W PRIEN LAKE RD LAKE CHARLES LA 70601 AD AGENCY FOR MULTI-MEDIA CAMPAIGNS 104154 BANCVUE 4516 SEATON CENTER SUITE 300 PARKWAY TX 78759 KASASA CHECKING PRODUCT AND WEBSITE HOST 103784 4 INTEREST ON LOANS 522100 4735972 4735972 4735972 180577 180577 COURTESY PAY FEES 522100 1114602 1114602 OTHER EXEMPT INCOME 524298 946718 946718 LOAN FEES 522100 413787 413787 559478 552178 7300 3034585 7951134 7763257 7300 180577 X 860347 988984 392672 150948 81675 46148 671902 243359 43413 431685 149498 11297 77508 386834 221153 65824 PROVISION FOR LOAN LOSS 1042226 OPERATIONS EXPENSE 213116 MAINTENANCE 162436 MISCELLANEOUS EXPENSES 156870 35801 6433696 2059639 4719114 15726000 21414000 59509457 60613722 306090 353139 5116042 1915895 2626418 3200147 217461 251728 80445065 90551850 68995095 78049420 464978 0 69460073 78049420 X 0 0 0 0 10984992 12502430 10984992 12502430 80445065 90551850 1517438 0 X X 0 1 X 1 0 754364 754364 2984125 1053026 1931099 1377553 862869 514684 3200147 X 7951134 0 7951134 0 7951134 6433696 0 6433696 0 6433696 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 2012. ROBERT COLLINS CHAIRPERSON REFINANCE CAR X 45000 45000 0 1 1 ROBERT COLLINS CHAIRPERSON 1ST MORTGAGE REAL ESTATE X 204500 161230 0 1 1 THOMAS CONNER BOARD MEMBER BOAT/TRAILER X 13619 4808 0 1 1 THOMAS CONNER BOARD MEMBER 1ST MORTGAGE REAL ESTATE X 127500 87885 0 1 1 LARRY BAILEY BOARD MEMBER LAWN MOWER X 4328 2966 0 1 1 LARRY BAILEY BOARD MEMBER NEW AUTO X 43865 34677 0 1 1 LARRY BAILEY BOARD MEMBER MOTOR HOME/CAMPER X 129280 127605 0 1 1 BETTY MITCHELL BOARD MEMBER UNSECURED SIGNATURE LOAN X 5856 2208 0 1 1 BETTY MITCHELL BOARD MEMBER NEW AUTO X 23642 18209 0 1 1 WILLIAM WILKIE BOARD MEMBER BOAT/TRAILER X 9270 2144 0 1 1 WILLIAM WILKIE BOARD MEMBER REAL ESTATE X 6500 2697 0 1 1 MICHAEL DRONET BOARD MEMBER HOME IMPROVEMENT X 12307 10155 0 1 1 MICHAEL DRONET BOARD MEMBER NEW AUTO X 41516 6754 0 1 1 MICHAEL DRONET BOARD MEMBER MOTORCYCLE X 17662 8823 0 1 1 MICHAEL DRONET BOARD MEMBER 1ST MORTGAGE REAL ESTATE X 48790 48079 0 1 1 MARK DUNCAN SUPERVISORY COMMITTEE MEMBER REFINANCE CAR X 26000 23374 0 1 1 KEVIN ISTRE BOARD MEMBER 1ST MORTGAGE REAL ESTATE X 80750 51204 0 1 1 KEVIN ISTRE BOARD MEMBER REFINANCE CAR X 41030 25784 0 1 1 GENE STEECH SUPERVISORY COMMITTEE MEMBER BOAT/TRAILER X 29042 16633 0 1 1 JAMES CHILDS JR BOARD MEMBER USED AUTO X 34275 3473 0 1 1 JAMES CHILDS JR BOARD MEMBER UNSECURED SIGNATURE LOAN X 30310 20993 0 1 1 DONNA SMITH SUPERVISORY COMMITTEE MEMBER CONSOLIDATE DEBT X 17136 11114 0 1 1 DONNA SMITH SUPERVISORY COMMITTEE MEMBER USED AUTO X 13744 8448 0 1 1 LINDA STERLING CCO VACATION X 5000 605 0 1 1 LINDA STERLING CCO MEDICAL/FUNERAL X 14702 7152 0 1 1 LINDA STERLING CCO REFINANCE CAR X 8625 8200 0 1 1 740220 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 11 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 671,902. 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.