2014-11-13T16:27:15-06:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP PO BOX 217 AUSTIN MN 55912 990 2013-01-01 746054885 CAPITOL CREDIT UNION CAPI 5124779465 PO BOX 81647 AUSTIN TX 78708 WEATHERLI HOLT CFO 5124779465 2014-11-13 1 SHERRI WESSELS P00888088 5074347000 2013 2015-11-30 17:44:51Z X LISA MALESKY PO BOX 81647 AUSTIN TX 78708 5335155 0 2742 X WWW.CCUTX.ORG X CU 1954 TX CAPITOL CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS AND IS OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND PROVIDING CREDIT AND OTHER FINANCIAL SERVICES TO ITS MEMBERS. 11 11 70 11 13341 0 0 0 4246495 4626281 954938 708874 439080 0 5640513 5335155 0 0 380955 257540 1906848 1880928 0 0 0 3540914 3164358 5828717 5302826 -188204 32329 122466267 124646604 114440659 116955600 8025608 7691004 X CAPITOL CREDIT UNION EXISTS TO PROVIDE CONVENIENCE TO ITS MEMBERS THROUGH A RANGE OF QUALITY FINANCIAL SERVICES AND PRODUCTS OFFERED AT THE BEST POSSIBLE RATES IN A PROFESSIONAL AND PERSONALIZED MANNER. 0 0 CAPITOL CREDIT UNION PROVIDES A WIDE RANGE OF SECURED AND UNSECURED LOANS TO ITS MEMBERS FOR CONSUMABLE ITEMS, SUCH AS AUTOS, BOATS, MOTORCYCLES, RVS, HOME EQUITY LOANS AND LINE-OF-CREDITS, SIGNATURE LOANS AND LINE-OF-CREDITS AND SHARE OR SHARE CERTIFICATE SECURED LOANS. ADDITIONALLY CREDIT INSURANCE IS AVAILABLE ON THESE LOANS. GAP (GUARANTEED ASSET PROTECTION) IS OFFERED ON SOME OF OUR SECURED LOANS. CAPITOL CREDIT UNION OFFERS MONEY MARKET ACCOUNTS TO ITS MEMBERS. IT PAYS A HIGHER DIVIDEND THAN A TYPICAL SAVINGS OR DEMAND ACCOUNT IF THE MINIMUM AVERAGE MONTHLY BALANCE REQUIREMENT IS MET, BUT WITH THE CAPABILITY OF WRITING A LIMITED NUMBER OF CHECKS. CAPITOL CREDIT UNION OFFERS CERTIFICATES OF DEPOSIT TO ITS MEMBERS WITH VARYING TERMS AND RATES. THESE INSTRUMENTS ALLOW OUR MEMBERS A SAVINGS ALTERNATIVE THAT PAYS HIGHER DIVIDENDS THAN A TYPICAL SAVINGS OR DEMAND ACCOUNT, BUT WITH NO MARKET RISK EXPOSURE. CAPITOL CREDIT UNION PROVIDES SHARE ACCOUNTS TO ALL OF ITS MEMBER ACCOUNTS. REGULAR SHARE ACCOUNTS GET PAID A QUARTERLY DIVIDEND AT A RATE DECLARED BY THE BOARD OF DIRECTORS, AS LONG AS THE MINIMUM BALANCE REQUIREMENTS ARE MET. THESE ACCOUNTS CAN BE ACCESSED THROUGH ANY OF OUR 4 LOCAL AREA RETAIL BRANCHES OR THROUGH ONE OF 4,538 SHARES SERVICE CENTERS NATIONWIDE. ADDITIONAL ACCESS CAN BE PROVIDED THROUGH INTERNET OR TELEPHONE BANKING. WITHDRAWALS CAN BE DONE THROUGH THE ATM NETWORK, OF WHICH OUR MEMBERS HAVE ACCESS TO OVER 250 SURCHARGE FREE ATM MACHINES. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1615 0 1 70 1 1 1 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 X X WEATHERLI HOLT 5124779465 PO BOX 141069 AUSTIN TX 787141069 MICHAEL JONES BOARD CHAIR 1.00 X X 0 0 0 JAIME LYNN VICE CHAIR 1.00 X X 0 0 0 CAROLINE BEYER DIRECTOR 1.00 X 0 0 0 STEFANIE MEDACK SECRETARY 1.00 X X 0 0 0 JOEL BENNETT DIRECTOR 1.00 X 0 0 0 KEVIN COOPER DIRECTOR 1.00 X 0 0 0 KARIM HIRANI TREASURER 1.00 X X 0 0 0 NANCY HRIN DIRECTOR 1.00 X 0 0 0 DARRELL KETCHUM DIRECTOR 1.00 X 0 0 0 LEWIS ROLAND DIRECTOR 1.00 X 0 0 0 WAYNE HAMILTON DIRECTOR 1.00 X 0 0 0 ANNE BOATRIGHT PRESIDENT/CEO 40.00 X 137652 0 8926 TROY KYLE SVP 40.00 X 89767 0 7498 227419 0 16424 1 0 0 0 CLIFTONLARSONALLEN LLP 220 S 6TH STREET STE 300 MINNEAPOLIS MN 55402 CPA FIRM 218428 JACK HENRY ASSOCIATES PO BOX 609 MONETT MO 65708 SOFTWARE IMPLEMENTATION/NEW CORE 216439 Q2 EBANKING PO BOX 678272 DALLAS TX 75267 BILL PAY & HOME BANKING 122245 3 LOAN INTEREST 522100 2980375 2980375 FEE INCOME 522100 1381370 1368029 13341 OTHER OPERATING INCOME 522100 264536 264536 4626281 708874 708874 5335155 4612940 13341 708874 X 257540 243843 1292910 11938 332237 4550 12642 606155 54563 1056154 184835 246225 43070 79 242759 LOAN SERVICING EXPENSE 301023 MISCELLANEOUS OPERATING 205583 PROVISION FOR LOAN AND 143906 NCUA ASSESSMENTS 62814 5302826 1340895 1565727 6320 23433 49538894 51631589 181223 318544 6001270 2233049 4098923 3768221 65181429 65533346 276517 276517 1842066 1529227 122466267 124646604 603791 608623 113836868 116346977 114440659 116955600 X 0 0 0 0 8025608 7691004 8025608 7691004 122466267 124646604 X 32329 -347580 -19353 X 0 0 0 1508160 1508160 3465738 1525223 1940515 978866 707826 271040 48506 48506 3768221 AVAILABLE FOR SALE SECURITIES 30882521 F DEPOSITS IN CORPORATE CREDIT UNIONS 20058143 C DEPOSITS IN OTHER FIN INSTITUTIONS 10538682 C HELD-TO-MATURITY SECURITES 4054000 C 65533346 MEMBER DEPOSITS 116346977 116346977 FORM 990, PART VI, SECTION A, LINE 6 EVERYONE LIVING, WORKING, WORSHIPPING, ATTENDING SCHOOL IN TRAVIS COUNTY, OR ANY BUSINESS IN TRAVIS COUNTY, IS ELIGIBLE FOR CAPITOL CREDIT UNION MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE FOR BOARD MEMBERS TO REPRESENT THEM. FORM 990, PART VI, SECTION A, LINE 7B BOARD HAS SOME DECISION MAKING AUTHORITY BUT SOME DECISIONS WOULD REQUIRE MEMBER CONSENT. MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS MADE AVAILABLE FOR MEMBERS OF THE BOARD OF DIRECTORS OF CAPITOL CREDIT UNION TO REVIEW. QUESTIONS AND/OR COMMENTS WERE SUBMITTED TO THE CEO FOR DISCUSSION AND/OR REVIEW. FORM 990 WAS COMPLETED BY THE CREDIT UNION'S ACCOUNTING FIRM BASED UPON INFORMATION SUBMITTED BY THE CEO. ACCURACY IS ASSUMED CORRECT UPON SIGNING AND SUBMITTING OF SAID FORM BY THE PRESIDENT/CEO. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE FORMED BY THE BOARD OF DIRECTORS REVIEWS THE CEO'S SALARY ON AN ANNUAL BASIS THROUGH THE USE OF COMPENSATION SURVEYS AND SOFTWARE. SALARY CHANGES ARE RECOMMENDED BY THE CEO REVIEW COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. THE PRESIDENT/CEO REVIEWS THE SALARIES OF OTHER EMPLOYEES OF THE ORGANIZATION ON AN ANNUAL BASIS THROUGH THE USE OF COMPENSATION SOFTWARE. SALARY CHANGES ARE AT THE SOLE DISCRETION OF THE PRESIDENT/CEO. THIS PROCESS WAS LAST COMPLETED IN 2013 FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 CAPITOL CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G OTHER OUTSIDE SERVICES 606,155. FORM 990, PART XI, LINE 9: ADJUSTING ITEM -19,353.