2013-11-14T18:21:03-06:00 2012-12-31 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2012-01-01 396264347 COMMUNITY FIRST CREDIT UNION COMM 9208307200 PO BOX 1487 APPLETON WI 549121487 CATHERINE J TIERNEY 9208307200 2013-11-13 1 JANIS ISAACSON P00089104 6022662248 2012 2016-02-25 16:41:14Z CATHERINE J TIERNEY PO BOX 1487 APPLETON WI 549121487 80670416 0 X WWW.COMMUNITYFIRSTCU.ORG X 1975 WI COMMUNITY FIRST CREDIT UNION WILL PROVIDE HIGH QUALITY, COMPETITIVE FINANCIAL PRODUCTS AND SERVICES WHICH ANTICIPATE AND EXCEED OUR MEMBERS' NEEDS. WE INTEND TO BE THE PRIMARY FINANCIAL ORGANIZATION FOR OUR MEMBERS BY EARNING AND MAINTAINING THEIR TRUST, BY MAINTAINING A BALANCE BETWEEN SOUND GROWTH, EARNINGS AND RESERVES, BY PROVIDING A CHALLENGING AND REWARDING ENVIRONMENT FOR OUR EMPLOYEES AND BY CONTRIBUTING TO THE SOCIAL AND ECONOMIC WELL-BEING OF THE COMMUNITIES WE SERVE. 9 8 490 8 140453 -118 0 0 76638894 80670416 0 0 0 0 76638894 80670416 0 0 0 0 16772563 19980811 0 0 0 36872396 32327840 53644959 52308651 22993935 28361765 1576608302 1763550069 1423299114 1580546945 153309188 183003124 OUR MISSION IS TO BE OUR MEMBERS' PRIMARY FINANCIAL SERVICES PROVIDER. 0 0 PROVIDED FINANCIAL SERVICES TO 100,842 MEMBER OWNERS IN 2012. FUNDED 31,143 LOANS TO THESE MEMBERS IN 2012 FOR $874,773,352 0 0 0 0 0 0 0 0 0 1 0 1 0 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 1 1 1 0 1 45390 0 1 490 1 1 1 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 WI X CATHERINE J TIERNEY 9208307220 2626 S ONEIDA ST APPLETON WI 54912 DR SUSAN MAY 1.00 X 650 0 0 JAY FULKERSON 1.00 X 0 0 0 TERRI TOWLE 1.00 X 600 0 0 WILLIAM PETERS 1.00 X 0 0 0 DEAN HAWKINSON 1.00 X 0 0 0 MARY HULTGREN 1.00 X 0 0 0 DAVID PEPERKORN 1.00 X 725 0 0 JOYCE BYTOF 1.00 X 0 0 0 CATHERINE J TIERNEY 40.00 X X 557964 0 126147 TIMOTHY SCIBORSKI 40.00 X 168513 0 44123 MARY J SULLIVAN 40.00 X 250481 0 32453 SCOTT STEINFORT 40.00 X 191579 0 16672 JEFFREY SCHWEITZER 40.00 X 151725 0 30823 KEVIN HARTZ 40.00 X 174041 0 14343 AMANDA SECOR 40.00 X 155571 0 15097 KIM VAN OSDOL 40.00 X 144395 0 38394 LAURIE BUTZ 40.00 X 187505 0 11739 1983749 0 329791 10 0 1 0 0 PROGRAM SERVICE REVENUE 522100 80529963 80529963 UNRELATED BUSINESS INCOME 900099 140453 140453 80670416 80670416 80529963 140453 0 2313540 13273122 3274830 1119319 366334 98910 2577375 587455 1078973 1846924 28617 11999048 1811546 319986 OPERATIONS 8571025 PROVISION FOR LOAN LOSS 2870011 EDUCATION 171636 52308651 18909634 13260749 446490 439122 1182740752 1269623431 1127064 6337917 43635178 20352063 22049273 23283115 348409582 443518565 2925507 7087170 1576608302 1763550069 9787654 8799353 1413511460 1571747592 1423299114 1580546945 X 0 0 0 0 153309188 183003124 153309188 183003124 1576608302 1763550069 X 28361765 1332171 X X 0 1 X 1 0 6139924 6139924 22043122 7865373 14177749 25692 25692 0 15426440 12460998 2965442 23283115 INVESTMENTS - PROGRAM RELATED 443518565 C 443518565 REGULAR SHARES 273116084 CHRISTMAS CLUB 1070440 MONEY MARKETS 443081618 CHECKING 213853042 IRA ACCOUNTS 150224801 CERTIFICATES 490401607 1571747592 X X 1 1 X X X X 0 1 0 CATHERINE J TIERNEY 407140 0 132035 0 18789 0 123873 0 2274 0 684111 0 0 0 TIMOTHY SCIBORSKI 139094 0 24294 0 5125 0 42392 0 1731 0 212636 0 0 0 MARY J SULLIVAN 191818 0 48069 0 10594 0 30535 0 1918 0 282934 0 0 0 SCOTT STEINFORT 153944 0 31538 0 6097 0 14869 0 1803 0 208251 0 0 0 JEFFREY SCHWEITZER 127685 0 19649 0 4391 0 29311 0 1512 0 182548 0 0 0 KEVIN HARTZ 145517 0 22416 0 6108 0 12685 0 1658 0 188384 0 0 0 AMANDA SECOR 131257 0 20484 0 3830 0 13567 0 1530 0 170668 0 0 0 KIM VAN OSDOL 89455 0 51265 0 3675 0 37301 0 1093 0 182789 0 0 0 LAURIE BUTZ 153612 0 29973 0 3920 0 10021 0 1718 0 199244 0 0 0 PART I, LINE 4B PART I, LINE 4B, SCHEDULE J, PART III, SUPPLEMENTAL INFORMATION. THE CREDIT UNION MADE CONTRIBUTIONS TO A 457(F) DEFERRED COMPENSATION PLAN ON BEHALF OF THE CEO, CATHERINE TIERNEY IN THE AMOUNT OF $85,000. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OWNER HAS ONE VOTE TO ELECT ONE OR MORE DIRECTORS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER HAS ONE VOTE TO UTILIZE IN RATIFYING SIGNIFICANT DECISIONS BEYOND THE AUTHORITY OF THE BOARD AS OUTLINED BY THE ORGANIZATION'S 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, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY CEO AND PRESENTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS COMPLETES A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE USED AN OUTSIDE COMPENSATION CONSULTANT FOR CEO AND KEY EMPLOYEE COMPENSATION. THE COMPENSATION CONSULTANT WORKS DIRECTLY WITH THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS MONTHLY AND AN ANNUAL REPORT IS AVAILABLE TO MEMBERSHIP EACH YEAR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME 124,180. EQUITY ACQUIRED IN MERGER 1,207,991. FORM 990, PART XII, LINE 2C: A FINANCIAL AUDIT IS PERFORMED ANNUALLY. INTERNAL AUDITS ARE PERFORMED THROUGHOUT THE YEAR. THE AUDIT PLAN AND ACTUAL AUDIT REPORTS ARE REVIEWED WITH THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. COMMUNITY FIRST SERVICES INC PO BOX 1487 APPLETON WI 54912 391604353 INSURANCE WI COMMUNITY FIRST CREDIT UNION C 71022 435557 1.00000 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 COMMUNITY FIRST SERVICES INC O 52267 COST COMMUNITY FIRST SERVICES INC A 24435 COST COMMUNITY FIRST SERVICES INC N 24435 COST COMMUNITY FIRST SERVICES INC Q 52267 COST COMMUNITY FIRST SERVICES INC J 24435 COST