2015-11-13T10:01:08-06:00 2014-12-31 390758449 WIPFLI LLP PO BOX 8010 WAUSAU WI 544028010 990 2014-01-01 416036540 ANOKA HENNEPIN CREDIT UNION ANOK 7634220290 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 JEFFREY CLAUSSEN PRESIDENT & CEO 7634220290 2015-11-12 1 MARY A COATES CPA P00134220 7158453111 2015-11-12 2014 2016-04-25 22:37:26Z JEFFREY CLAUSSEN 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 8252587 0 X WWW.AHCU.COOP X 1963 MN MEMBERS HELPING MEMBERS IN A COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATION, WITH THE GOAL OF BECOMING OUR MEMBERS' PRIMARY FINANCIAL INSTITUTION; PROTECTING MEMBERS' ASSETS AND PROVIDING PERSONAL, CONVENIENT, AND COMPETITIVE SERVICES. 9 8 93 0 169074 -33012 0 0 8099295 7570300 186751 336694 -29865 29303 8256181 7936297 4500 1000 173019 0 2920927 3109950 0 0 0 3193502 3014027 6291948 6124977 1964233 1811320 137672701 143554633 126375247 130445859 11297454 13108774 X MEMBERS HELPING MEMBERS IN A COMMUNITY-BASED, NOT-FOR-PROFIT ORGANIZATION, WITH THE GOAL OF BECOMING OUR MEMBERS' PRIMARY FINANCIAL INSTITUTION; PROTECTING MEMBERS' ASSETS AND PROVIDING PERSONAL, CONVENIENT, AND COMPETITIVE SERVICES. 0 0 MEMBERSHIP - ANOKA HENNEPIN CREDIT UNION SERVED THE FINANCIAL NEEDS OF 16,888 MEMBERS. AN AVERAGE OF 4.10 PRODUCTS AND SERVICES WERE USED PER MEMBER AS OF DECEMBER 31, 2014. SAVINGS - ANOKA HENNEPIN CREDIT UNION PROVIDED 30,958 SAVINGS PRODUCTS TO MEMBERS. THIS INCLUDES SHARE ACCOUNTS, SHARE DRAFT ACCOUNTS, IRAS, SHARE CERTIFICATES, AND MONEY MARKET ACCOUNTS. LOANS - ANOKA HENNEPIN CREDIT UNION PROVIDED 7,581 LOAN PRODUCTS TO MEMBERS, INCLUDING REAL ESTATE, VEHICLE, OTHER SECURED, UNSECURED, AND CREDIT CARD LOANS. OTHER PRODUCTS AND SERVICES - ANOKA HENNEPIN CREDIT UNION DELIVERED 30,717 OTHER FINANCIAL PRODUCTS AND SERVICES TO MEMBERS INCLUDING DEBIT CARDS, INTERNET BANKING, BILL PAYMENT, INSURANCE, AND SAFE DEPOSIT BOXES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1515 0 1 93 1 1 1 0 0 0 0 0 0 0 0 0 X 9 8 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X MARTIN WALIGORA 7634220290 3505 NORTHDALE BLVD NW COON RAPIDS MN 554486742 TERRY ANDERSON DIRECTOR 1.00 X 1100 0 0 JOHN FRANTESL DIRECTOR 1.00 X 1040 0 0 DENNIS FREDRICKSON DIRECTOR (THRU MARCH) 1.00 X 210 0 0 JIM GAFFNEY DIRECTOR 1.00 X 1040 0 0 CHRISTIAN MELBERG DIRECTOR 1.00 X 620 0 0 STEVE LEBARON DIRECTOR (THRU JANUARY) 1.00 X 420 0 0 TODD PROULX DIRECTOR 1.00 X 1000 0 0 ALAN VOKATY DIRECTOR 1.00 X 1040 0 0 MARK UNDIS CHAIRMAN 1.00 X X 860 0 0 BARBARA ROTHE VICE CHAIRMAN 1.00 X X 1100 0 0 JEFFREY CLAUSSEN PRESIDENT & CEO 40.00 X X 161573 0 30273 MARTIN WALIGORA VP OF FINANCE & CFO 40.00 X 101910 0 23045 JAMES BACIGALUPO EXECUTIVE VP 40.00 X 97828 0 22461 369741 0 75779 2 0 1 0 FISERV INC 4897 LAKE PARK BLVD SALT LAKE CITY UT 84120 COMPUTER SYSTEM SUPPORT 236804 1 INTEREST ON LOANS 522100 4779996 4779996 FEE INCOME 522100 1544358 1419398 124960 DEBIT AND CREDIT CARD 522100 1085899 1085899 COMMISSION INCOME 522100 90095 55882 34213 69952 60051 9901 7570300 304445 304445 24600 0 24600 24600 24600 348539 1742 314548 -1742 33991 32249 32249 4703 4703 4703 7936297 7705671 169074 61552 1000 445520 2096282 68771 291652 207725 22271 18329 217193 113070 233686 250494 466775 4375 33834 302255 94974 DEBIT & CREDIT CARD EXP 735610 LOAN SERVICING EXPENSE 215868 DIVIDENDS ON MEMBER SHA 119638 OREO EXPENSES 82047 103608 6124977 1761717 1939854 9646168 10027219 0 166229 90602414 90936692 115558 219819 8480347 3937264 5097630 4543083 12743920 14097810 11839624 15413624 5865670 6210303 137672701 143554633 830166 859519 9600 3750 125535481 129582590 126375247 130445859 X 0 0 0 0 11297454 13108774 11297454 13108774 137672701 143554633 1811320 0 X 0 0 0 1048740 1048740 4729922 1558874 3171048 330958 308633 22325 2363180 2069757 293423 7547 7547 4543083 DEPOSITS IN COMMERCIAL BANKS 8732000 C LOANS TO AND INVESTMENTS IN CUS 6352000 C MEMBERSHIP CAPITAL AT CORP 329624 C 15413624 MEMBER SHARES AND SAVINGS 129582590 129582590 X X 0 0 0 JEFFREY CLAUSSEN PRESIDENT & CEO 149291 0 11250 0 1032 0 5069 0 25204 0 191846 0 0 0 TANYA L BACIGALUPO FAMILY MEMBER OF OFFICER 83484 EMPLOYMENT 0 FORM 990, PART VI, SECTION A, LINE 2 JEFFREY CLAUSSEN AND JAMES BACIGALUPO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP TO THE ORGANIZATION IS LIMITED TO THOSE WHO ARE EMPLOYEES AND FAMILY MEMBERS OF SUCH EMPLOYEES OF THE ORGANIZATIONS STATED IN THE BYLAWS OF ANOKA HENNEPIN CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A ALL PRIMARY MEMBERS HAVE THE RIGHT TO VOTE TO ELECT MEMBERS TO OUR GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ALL ELIGIBLE MEMBERS MAY VOTE ON CHANGES TO THE BYLAWS OF ANOKA HENNEPIN CREDIT UNION, APPROVAL OF DIRECTOR STIPENDS, THE REMOVAL OF DIRECTORS, OR THE REMOVAL OF ANOTHER MEMBER UNDER CERTAIN CIRCUMSTANCES. FORM 990, PART VI, SECTION A, LINE 8B THE COMMITTEES ARE NOT GRANTED AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FINAL COPY OF THE FORM 990 IS AVAILABLE TO EACH VOTING MEMBER OF THE GOVERNING BODY VIA A BOARD MEMBER WEBSITE AFTER THE CEO AND CFO DOES AN INITIAL REVIEW AND PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE MONITORED BY INTERNAL AUDITS, EXTERNAL (CPA FIRM) AUDITS, AND NCUA AND STATE EXAMS. ALL EMPLOYEES ARE COVERED BY THE POLICY, INCLUDING MEMBERS OF MANAGEMENT AND THE BOARD OF DIRECTORS. DETERMINATIONS ARE MADE BY THE PRESIDENT AND CEO. ACTUAL CONFLICTS ARE REVIEWED BY THE CHAIRPERSON OF THE BOARD AND THE MANAGEMENT TEAM. IF A CONFLICT ARISES, THE IDENTIFIED PERSON IS RESTRICTED AND MAY NOT VOTE OR MAKE RECOMMENDATIONS ON PROPOSALS FROM THOSE ENTITIES. FORM 990, PART VI, SECTION B, LINE 15 THE VICE PRESIDENT OF HUMAN RESOURCES REVIEWED AND COLLECTED INFORMATION FROM CREDIT UNION EXECUTIVES SOCIETY (CUES), CREDIT UNION NATIONAL ASSOCIATION (CUNA) AND GOVERNMENT AGENCY RESOURCES TO FORMULATE RANGES FOR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE POSTED ON THE WEBSITE, WWW.AHCU.NET, AND ARE PROVIDED UPON WRITTEN REQUEST TO THE GENERAL PUBLIC. THE FINANCIAL STATEMENTS ARE POSTED MONTHLY IN ALL OFFICES, AND ARE AVAILABLE QUARTERLY ON THE NCUA'S WEBSITE, WWW.NCUA.GOV.