2012-05-15T13:31:38-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 335 N WILMOT ROAD SUITE 300 TUCSON AZ 85711 990 2011-01-01 750796472 FORT WORTH COMMUNITY CREDIT UNION FORT 8178355000 PO BOX 210848 BEDFORD TX 760957848 RICHARD HOWDESHELL 8178355000 2012-05-15 1 JON W MITCHELL CPA P00022644 5207903500 2012-05-14 2011 2016-02-24 21:20:13Z RICHARD HOWDESHELL PO BOX 210848 BEDFORD TX 760957848 34573480 0 X WWW.FTWCCU.ORG X 1940 TX THRIFT SAVING AND BORROWING FOR MEMBERS. THE CREDIT UNION IS REGULATED BY THE STATE OF TEXAS CREDIT UNION DEPARTMENT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION. THE CREDIT UNION OFFERS PRODUCTS AND SERVICES IN FOUR PRIMARY AREAS: SHARE ACCOUNTS, CHECKING ACCOUNTS, CONSUMER LOANS AND REAL ESTATE LOANS. 9 9 208 0 55972 -73897 0 0 30276008 32804970 4141845 1699728 -482816 68782 33935037 34573480 0 0 0 0 10102458 10545616 0 0 0 23073788 21080580 33176246 31626196 758791 2947284 714850708 757501021 648415736 688118765 66434972 69382256 X TO PROMOTE THRIFT SAVINGS AND BORROWING. 0 0 SHARE ACCOUNTS- OUR SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS MONTHLY AND OFFER ACCESS THROUGH THE BRANCH NETWORK, HOME BANKING VIA THE INTERNET OR TELEPHONE AND ATM'S WORLDWIDE. SPECIAL SAVINGS ACCOUNTS DESIGNED FOR CHILDREN AND TEENAGERS ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS. CHECKING ACCOUNTS- OUR CHECKING ACCOUNTS PROVIDE VARIOUS FEATURES FOR CONSUMERS, FROM FREE ACCOUNTS TO THOSE WITH ENHANCED BENEFITS. MOST OFFER DIVIDENDS THAT ARE PAID MONTHLY. ADDITIONALLY, THE CREDIT UNION EXTENDS THE REACH OF THESE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, INTERNET ACCOUNT ACCESS AND FREE USE OF THE INTERNET BILL PAYER PLATFORM. CONSUMER LOANS- OUR CONSUMER LOANS PROVIDE ALL TYPES OF LOANS. THE FOLLOWING LOAN TYPES ARE AVAILABLE; VEHICLE, RECREATIONAL VEHICLES, MORTGAGES, SIGNATURE, HOME EQUITY, CREDIT CARDS SECURED LOANS ETC. THE CREDIT UNION PROVIDES HOME EQUITY LOANS ALONG WITH MORTGAGE LOANS. 0 0 0 0 0 0 0 0 1 0 0 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 0 0 0 0 1 16667 0 1 208 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 0 0 0 1 1 0 0 TX X RICHARD HOWDESHELL 8178355000 1905 FOREST RIDGE DR BEDFORD TX 76021 JANICE GRACZYK 2.00 X 2125 0 0 NEAL OLIVER 2.00 X X 93 0 0 LEIGHTON WATERS 2.00 X 2029 0 0 MICHAEL TALBOT 2.00 X 3046 0 0 HENRY CHRISTIANSEN 2.00 X 0 0 0 KENNETH DOUGLAS 2.00 X 1953 0 0 STAN SPIVEY 2.00 X 2706 0 0 HERB SIMS 2.00 X 592 0 0 MARCELLA BANKS 2.00 X 0 0 0 RICHARD HOWDESHELL 40.00 X 320871 0 45864 MICHAEL FRANKO 40.00 X 161648 0 30620 KYLE KOKE 40.00 X 153404 0 18074 DIANE DORSEY 40.00 X 133336 0 28470 ROCHELLE DRAKE 40.00 X 138803 0 17325 TAMMY TRUDELLE 40.00 X 142888 0 18119 MARC RHODES 40.00 X 140841 0 23491 CARL AUZENNE 40.00 X 120701 0 27574 JOHN BEARRIE 40.00 X 144970 0 23395 GINDA ABRAHAM 40.00 X 104597 0 14758 GRETCHEN MCGINNIS 40.00 X 101121 0 14730 1675724 0 262420 11 0 1 0 DIGITAL INSIGHT PO BOX 515306 LOS ANGELES CA 90051 WEBSITE 635827 FISERV 5430 DATA COURT STE 100 AN ARBOR MI 48108 DEBIT/CREDIT CARD PROCESS 615384 DIEBOLD INC PO BOX 643543 PITTSBURGH PA 15264 BANKING EQUIPMENT 569967 LANVERA LTD 13755 HUTTON STE 100 DALLAS TX 75234 MAIL PROCESSOR 303448 XP SYSTEMS 75 REMITTANCE DR STE 6963 CHICAGO IL 60675 SOFTWARE SERVICES 290377 20 INTEREST ON LOANS 522100 26295804 26295804 LOAN FEE INCOME 522100 4366924 4366924 MEMBER FEES & CHARGES 522100 2142242 2086270 55972 32804970 1699728 1699728 GAIN ON SALE OF ASSETS 522100 75370 75370 LOSS ON INVESTMENTS 522100 -16042 -16042 9454 9454 68782 34573480 34517508 55972 0 1522031 6770155 393824 1276983 582623 2397583 39688 325378 943791 1660965 1248873 149758 5970844 910237 233781 PROVISION FOR LOAN LOSS 3196000 LOAN SERVICING 1821316 NCUA INSURANCE/MEMBER I 1590104 OPERATING FEES 499693 92569 31626196 2362366 2968303 104918638 140789724 1150710 936062 404458102 507592500 2222158 1855978 30297519 9590168 18956716 20707351 174498857 76175139 64260 48162 6218901 6427802 714850708 757501021 6701042 7546621 641714694 680572144 648415736 688118765 X 0 0 0 0 66434972 69382256 66434972 69382256 714850708 757501021 2947284 0 X X 0 1 1 X 0 5464584 5464584 16752907 3290648 13462259 427174 352625 74549 7607787 5913609 1694178 45067 33286 11781 20707351 MEMBER SHARES 680572144 680572144 FINANCIAL STATEMENTS ARE CURRENTLY AUDITED THROUGH JUNE 30, 2011. X X 1 1 X X X X 0 0 0 RICHARD HOWDESHELL 291599 0 14531 0 14741 0 17880 0 27984 0 366735 0 0 0 MICHAEL FRANKO 152643 0 5086 0 3919 0 11523 0 19097 0 192268 0 0 0 KYLE KOKE 142784 0 4340 0 6280 0 10473 0 7601 0 171478 0 0 0 DIANE DORSEY 128145 0 4578 0 613 0 9588 0 18882 0 161806 0 0 0 ROCHELLE DRAKE 132651 0 5546 0 606 0 9432 0 7893 0 156128 0 0 0 TAMMY TRUDELLE 128611 0 6088 0 8189 0 9963 0 8156 0 161007 0 0 0 MARC RHODES 127120 0 4714 0 9007 0 10115 0 13376 0 164332 0 0 0 JOHN BEARRIE 140941 0 3687 0 342 0 4508 0 18887 0 168365 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 RETURN IS REVIEWED BY THE AVP OF ACCOUNTING AND THE CEO OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE CEO IS APPROVED BY THE BOARD AND A COMPENSATION COMMITTEE AND COMPENSATION SURVEY IS USED ALONG WITH A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION DISPLAYS CURRENT FINANCIAL STATEMENTS AT EACH BRANCH. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C THE CREDIT UNION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS.