2016-08-07T18:05:10-05:00 2015-12-31 391127312 WCUL Services Corp N25W2313 Paul Rd Suite 500 Pewaukee WI 53072 990 2015-01-01 390716655 Heartland Credit Union HEAR 5325 High Crossing Blvd Madison WI 53718 Sally Dischler PresidentCEO 6082827000 2016-08-03 false Cari Thompson P01025704 2625490200 2016-08-07 2015 2016-12-15 16:53:06Z Sally Dischler 12348897 false X www.heartlandcu.org X 1936 WI To provide our members with quality, cost-effective, personalized financial services that contribute to their social and economic well-being. 7 7 101 13 24806 0 0 11454616 11907880 147206 254960 119888 36069 11721710 12198909 0 0 4907654 4999108 0 0 5506715 5834076 10414369 10833184 1307341 1365725 226832327 235756758 206272860 214373275 20559467 21383483 To provide our members with quality, cost-effective, personalized financial services that contribute to their social and economic well-being. false false We have 3287 loans during 2015. As of 12/31/15, we had 1566 mortgages/home equity lines, 6198 consumer loans, and 778 member business loans. We also had 4414 credit card accounts with our members. We have deposit, transaction, and investment accounts with 21,633 members at 12/31. During 2015, we opened 4,405 new deposit, transaction and investment accounts. false false false false false false false false true false false false true false false false false false false false false false false false false false false true false true false false false false false false false false false false false false false true X 6217 0 true 101 true true false false false false false false X 7 7 false false false false true true true true true false false true true true true true true true false false X Sally Dischler 6082827000 5325 High Crossing Blvd Madison WI 53718 Lois Grans Vice-Chair 1.00 0.00 X X 0 0 0 Rhonda Hollfelder Chair 1.00 0.00 X X 0 0 0 Marc Jones Treasurer 1.00 0.00 X X 0 0 0 James Drouge Director 1.00 0.00 X 0 0 0 Paul Beloungy Secretary 1.00 0.00 X X 0 0 0 Robert Christianson Director 1.00 0.00 X 0 0 0 Lucy Harr Director 1.00 0.00 X 0 0 0 Phil Frye Director 0.00 0.00 X 0 0 0 Sally Dischler PresidentCEO 40.00 0.00 X 230959 0 73654 Steve Farnsworth Executive Vice President 40.00 0.00 X 130829 0 50239 Kurt Johnson CFO 40.00 0.00 X 117603 0 15045 479391 0 138938 3 false true false CUAnswers Inc 6000 28th Street Ste 100 Grand Rapids MI 49546 Data Processing 447351 LaMacchia Group LLC 157 N Milwaukee Street Milwaukee WI 53202 Building DesignCo 241189 Storybridge Studio LLC 5930 Seminole Center Court Ste F Madison WI 53711 Marketing Video 109728 Dart Appraisal Inc Dept 771730 PO BOX 77000 Detroit MI 48277 Appraisal Manageme 102847 4 Interest on Loans 522100 8269976 8269976 Member AccountCard Fee 522100 2216664 2216664 Other Member Fee Income 522100 1013624 1013624 Non Member ATM Fees 525990 24806 24806 All Other Program Inc 522100 382810 382810 11907880 297015 297015 36069 36069 107933 149988 -42055 -42055 -42055 Non Operationg IncExp 522100 12198909 11883074 24806 291029 471352 3512861 382935 318109 313851 65127 453668 230678 647174 599789 49430 113411 33227 478170 87085 Dividends to Members 807782 807782 Loan Servicing 562319 562319 Member AccountCard Costs 1400330 1400330 Provision for Loan Loss 264247 264247 41639 10833184 0 0 0 1787495 1855946 37541831 30342483 1359672 1247048 9625410 171722580 180846036 906446 983431 15133459 7037625 8373252 8095834 1965619 1986331 3175432 774239 226832327 235756758 1883983 2181840 204388877 212191435 206272860 214373275 X 20559467 21383483 20559467 21383483 226832327 235756758 X 1365725 -541709 X false false false 1682938 1682938 9008300 3396144 5612156 442769 244362 198407 3729991 3140749 589242 269461 256370 13091 8095834 NCUA Capitalization 1986331 C 1986331 Member Shares & Deposits 211395272 Net Pension Liability 594109 All Other Liabilities 202054 212191435 X false false false Sally Dischler PresidentCEO 195680 35279 66260 7394 304613 Steve Farnsworth Executive Vice President 130829 38861 11378 181068 Sally Dischler President SplitDollar Life Ins X 7000000 7098535 false true true Steven Farnsworth EVP SplitDollar Life Ins X 1250000 1267595 false true true Steven Farnsworth EVP SplitDollar Life Ins X 1241800 1259280 false true true 9625410 Unrelated business income explanation Part V line 3b An extension for Form 990T was filed. Members or stockholder classes and rights Part VI line 6 The organization consists of members. To be a member, one must have a share/savings account. Each member has one vote to elect the governing body (Board of Directors). Member election for additional members Part VI line 7a The Board of Directors is elected by the membership utilizing their one vote per member. Governing body decisions Part VI line 7b Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organizations bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., NCUA, Wisconsin Office of Credit Unions). Form 990 governing body review Part VI line 11 The Form 990 is reviewed by management prior to filing. A copy will be given to the Board. Conflict of interest policy compliance Part VI line 12c Annually, all employees and volunteers are required to complete a disclosure of all known relationships which may give rise to conflicts. These disclosures are monitored by credit union management for compliance. CEO executive director top management comp Part VI line 15a To determine CEO compensation, the executive committee of the board of directors reviewed annual CEO goals, CUES Executive Compensation Salary Data by geographic region, credit union financial results specifically the ROA, and the projected budget for the coming year. The executive committee then met in private to determine the compensation. The minutes of the CEO Review and Executive Committee were documented by the board secretary. The Board Chairman then provided the results of the review and compensation to the entire board during closed session Governing documents etc available to public Part VI line 19 We post our financial statements in all branch lobbies on a monthly basis. Explanation of other changes in net assets or fund balances Part XI line 9 Other Comprehensive Income