2013-08-13T14:15:28-05:00 2012-12-31 420714325 MCGLADREY LLP 801 NICOLLET MALL SUITE 1100 MINNEAPOLIS MN 55402 990 2012-01-01 237024415 MISSOURI CREDIT UNION MISS 5738741477 111 E BROADWAY COLUMBIA MO 65203 ROBERT P PERKINS 5738741477 2013-08-12 1 GERALD B KISSELL P00092658 6123324300 2012 2016-02-24 21:20:13Z HAROLD JAMES 111 E BROADWAY COLUMBIA MO 65203 17132794 0 X WWW.MISSOURICU.ORG X 1969 MO MISSOURI CREDIT UNION IS OPERATED FOR MUTUAL PURPOSES. 13 13 139 15 112344 -78415 0 0 12498062 14996817 964991 1982956 0 118337 13463053 17098110 35610 68000 751325 617948 5139825 5443943 0 0 0 6584802 6801912 12511562 12931803 951491 4166307 223294120 243592124 201671355 217801379 21622765 25790745 X WE BELIEVE THAT MISSOURI CREDIT UNION:-SHOULD STRIVE TO EXTEND TO OUR FIELD OF MEMBERSHIP THE OPPORTUNITY TO PARTICIPATE IN SERVICES AND BENEFITS WHICH MEMBERSHIP PROVIDES.-SHOULD ENCOURAGE SOUND FINANCIAL MANAGEMENT THROUGH SAVINGS, THE WISE USE OF CREDIT AND CONSUMER EDUCATION.-SHOULD FOSTER AND PRACTICE THE PRINCIPLES OF COOPERATIVE POOLING AND UTILIZATION OF RESOURCES FOR THE ULTIMATE BENEFIT OF OUR MEMBER/OWNERS.-SHOULD MAINTAIN AND ENHANCE PARTICIPATION OF THE DEMOCRATIC PROCESS AT ALL LEVELS.-SHOULD ATTRACT AND DEVELOP THE BEST POSSIBLE HUMAN RESOURCES AT ALL LEVELS TO SERVICE OUR MEMBER/OWNERS.-SHOULD STRIVE TO MAINTAIN MEMBER/OWNER CONFIDENCE THROUGH PRUDENT FINANCIAL MANAGEMENT AND QUALITY SERVICE. 0 0 ONE OF THE CREDIT UNION'S PRIMARY PURPOSES IS TO PROVIDE CREDIT TO ITS MEMBERS AT A COMPETITIVE RATE. THE CREDIT UNION PROVIDES SECURED, UNSECURED AND REAL ESTATE LOANS TO ELIGIBLE MEMBERS. OUT OF 31,682 MEMBERS, THE CREDIT UNION HAD 19,404 LOANS OUTSTANDING AT 12/31/12, INCLUDING MORTGAGES SOLD WITH SERVICING RETAINED. THE CREDIT UNION OFFERS DEPOSIT SERVICES TO ELIGIBLE MEMBERS. THE CREDIT UNION OFFERS SAVINGS ACCOUNTS, CHECKING ACCOUNTS, CERTIFICATES AND INDIVIDUAL RETIREMENT ACCOUNTS TO ALL MEMBERS. IN ORDER TO MAINTAIN A SHARE ACCOUNT, AN INDIVIDUAL MUST BE ELIGIBLE FOR MEMBERSHIP. AT 12/31/12, 61,099 DEPOSIT ACCOUNTS WERE BEING SERVICED. ONE OF THE DELIVERY CHANNELS FOR THE VARIOUS PRODUCTS IS ELECTRONIC DELIVERY. THE CREDIT UNION OFFERS DEBIT CARDS, ATM ACCESS, AUDIO RESPONSE ACCOUNT ACCESS, AND INTERNET ACCOUNT ACCESS. ALL SERVICES ARE OFFERED AT NO COST TO ELIGIBLE MEMBERS. THE CREDIT UNION BELONGS TO THE CO-OP ATM NETWORK WHICH ENABLES MEMBERS TO USE NETWORK RELATED ATMS NATIONWIDE WITH NO SURCHARGE. THE CREDIT UNION ALSO PROVIDES DEBIT CARDS, BRANDED CREDIT CARDS, WIRE TRANSFERS, AND MOBILE BANKING TO ELIGIBLE MEMBERS. FIRST TIME HOME BUYERS HAVE UP TO $1,400 IN CLOSING COSTS WAIVED. 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 9512 0 1 139 1 1 1 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 0 1 1 1 0 X ROBERT PERKINS 5738741477 111 E BROADWAY COLUMBIA MO 65203 KEE GROSHONG 0.50 X X 0 0 0 HAROLD VIRGEN 0.50 X X 0 0 0 MARK KAISER 0.50 X X 0 0 0 BRENDA FASKEN 0.50 X X 0 0 0 HOWARD PYRON 0.50 X X 0 0 0 DON GREER 0.50 X 0 0 0 RANDY MORROW 0.50 X 0 0 0 RICHARD OTTO 0.50 X 0 0 0 DAVID PHILLIPPE 0.50 X 0 0 0 STEPHEN PRICE 0.50 X 0 0 0 ANNE ROBINSON 0.50 X 0 0 0 CHARLES TOUZEAU 0.50 X 0 0 0 SUSAN VAUGHN 0.50 X 0 0 0 HAROLD JAMES 40.00 X 229585 0 43028 ROBERT PERKINS 40.00 X 142742 0 23133 CHENGFAN XU 40.00 X 144646 0 31262 DEANN BARTON 40.00 X 110272 0 13358 ANTHONY ROSS SMITH 40.00 X 108939 0 13992 SHERRI NEUNER 40.00 X 106635 0 15771 JESSICA JENKS 40.00 X 102660 0 35581 945479 0 176125 7 0 1 0 NATIONAL CREDIT UNION ADMINISTRATION PO BOX 979069 ST LOUIS MO 63197 DEPOSIT INSURANCE 385046 FEDERAL PROTECTION INC 2500 N AIRPORT COMMERCE DRIVE SPRINGFIELD MO 65803 SECURITY MONITORING 287666 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 SOFTWARE SALES/SUPPORT 286269 ROUTE 66 PO BOX 1075 MOUNTAIN HOME AK 72654 MECHANICAL REPAIR COVERAGE 267910 TROZZOLO COMMUNICATIONS GROUP 811 WYANDOTTE KANSAS CITY MO 64105 MARKETING 249903 11 INTEREST ON MEMBER LOA 522100 8851028 8851028 FEES AND CHARGES 522100 4623957 4623957 MISCELLANEOUS OPERATING REVENUE 522100 1367185 1312112 55073 NON-INTEREST REVENUE 522100 154647 97376 57271 14996817 490619 490619 118337 0 118337 118337 118337 1527021 25000 9684 1502021 -9684 1492337 1492337 17098110 14884473 112344 2101293 50000 18000 617948 406878 3889659 244207 563601 339598 12010 58689 191520 604939 1168694 988466 106841 1793 100255 339639 201691 LOAN SERVICING 2672325 MARKETING & EDUCATION 133595 TAXES 116530 DUES 73922 31003 12931803 1802499 3085627 1098700 2488371 153461372 158187412 346159 271731 18608004 8749112 9999043 9858892 52886125 64579543 3700222 5120548 223294120 243592124 8298909 7511659 73724 275083 851001 1045269 192447721 208969368 201671355 217801379 X 0 0 0 0 21622765 25790745 21622765 25790745 223294120 243592124 4166307 1673 0 X 0 1 X 1 0 0 1 X 3248330 3248330 6334634 1949749 4384885 3426792 2197768 1229024 3462541 2942078 520463 2135707 1659517 476190 9858892 BANK CDS 24931000 F DEPOSITS IN CORPORATE CREDIT UNION 778020 F DEPOSITS IN FRB 20728287 F DEPOSITS IN COMMERCIAL BANKS 58142 F DEPOSITS IN FHLB 1542794 F FEDERAL AGENCY SECURITIES 16541300 F 64579543 MEMBERS' SHARES AND DEPOSITS 208869368 CUSO INVESTMENT ALLOWANCE 100000 208969368 PART IV, LINE 2B: THE CREDIT UNION COLLECTS FUNDS AND HOLDS THEM IN AN ESCROW ACCOUNT TO PAY TAXES AND INSURANCE ON BEHALF OF ITS MORTGAGE LOAN MEMBERS. THE CREDIT UNION ALSO HOLDS FUNDS IN ESCROW FOR REAL ESTATE LOANS THAT HAVE BEEN SOLD, BUT ARE STILL SERVICED BY MCU. THERE IS AN OFFSETTING ENTRY BECAUSE THE FUNDS ARE TECHNICALLY OWNED BY THE GOVERNMENT DEPOSITORS WHO OWN THE CORRESPONDING LOANS. 1 CENTRAL MISSOURI AIR SERVICE FUND ADMINISTRATION OFFICE 11300 SOUTH AIRPORT DRIVE COLUMBIA MO 65201 436000810 50000 THIS FUND WAS ESTABLISHED BY CIVIC LEADERS IN THE LOCAL AREA TO HELP INSURE THE LOCAL AIRPORT WOULD CONTINUE TO OPERATE. SCHOLARSHIP 9 18000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: INDIVIDUAL SCHOLARSHIPS (GRANTS) ARE APPLIED FOR BY APPLICANTS ANNUALLY AND A COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE APPLICATIONS AND SELECTS CANDIDATES TO RECEIVE THE FUNDS. GRANTS TO ORGANIZATIONS ARE FILTERED THROUGH THE MARKETING DEPARTMENT, REVIEWED BY THE CEO AND ARE INCLUDED IN THE BUDGET THAT IS APPROVED BY THE BOARD OF DIRECTORS. X X X X 0 1 0 HAROLD JAMES 209585 0 20000 0 0 0 29752 0 13276 0 272613 0 0 0 ROBERT PERKINS 130842 0 11900 0 0 0 8999 0 14134 0 165875 0 0 0 CHENGFAN XU 135646 0 9000 0 0 0 23355 0 7907 0 175908 0 0 0 PART I, LINE 4B THE FOLLOWING PARTICIPATED IN A 457(F), NON-QUALIFIED RETIREMENT PLAN: HAROLD E. JAMES JESSICA R. JENKS CHENGFAN XU NO AMOUNTS WERE DISBURSED DURING 2012. DANA J PERKINS DBA CREATIVE TRAINING CONCEPTS INC SPOUSE OF OFFICER 36000 CREATIVE TRAINING CONCEPTS, INC. PROVIDES CONSULTING SERVICES RELATED TO TRAINING EMPLOYEES. 0 FORM 990, PART I, LINE 6, TOTAL NUMBER OF VOLUNTEERS: THE 15 VOLUNTEERS CONSISTED OF THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY. THE CREDIT UNION'S MEMBERS ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B 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 DATA WILL BE REVIEWED BY EXECUTIVE MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO ITS AUTHORIZING ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL VOLUNTEERS AND ELECTED OFFICIALS SIGN AN OATH OF OFFICE REGARDING CONFLICT OF INTEREST. CONFLICT OF INTEREST IS SPECIFICALLY NOTED IN THE MCU HR POLICY AND REVIEWED WITH ALL STAFF. ANY MCU STAFF FOUND TO ENGAGE IN THESE BEHAVIORS ARE IMMEDIATELY DISCIPLINED, UP TO AND INCLUDING TERMINATION. IN ADDITION ALL MCU STAFF ARE REQUIRED TO ANNUALLY TAKE CONTINUING TRAINING WHICH INCLUDES TESTING ON THESE AND OTHER SIGNIFICANT TOPICS. FORM 990, PART VI, SECTION B, LINE 15 LOCAL MARKET DATA OF INDIVIDUAL SALARY AND BENEFIT PACKAGES IN THE LOCAL REGION IS PROVIDED CONTINUALLY VIA THE HIRING PROCESS FOR ALL POSITIONS BY HUMAN RESOURCES STAFF. IN ADDITION 3RD PARTY DATA IS ALSO PURCHASED, AVAILABLE AND UPDATED ON A CONTINUING BASIS. LONG TERM COMPENSATION OBJECTIVES HAVE FOCUSED ON STAFF RETENTION BY PROVIDING AND MAINTAINING PAY AND BENEFITS PACKAGES FOR ANY AND ALL STAFF IN THE UPPER 25TH QUADRANT OF ANY OF THESE MARKET INDICATORS. ALSO ALL STAFF HAVE WRITTEN ANNUAL EVALUATIONS TO ASSESS ACHIEVEMENT DURING THE PERIOD OF ESTABLISHED MCU GOALS AND OBJECTIVES. ALL SALARIES AND BENEFITS PACKAGES OF ALL SENIOR MANAGEMENT ARE REVIEWED ANNUALLY BY THE PRESIDENT/CEO AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED IN LOBBY. OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST IF REQUIRED BY LAW.