2012-11-14T11:25:40-06:00 2011-12-31 420714325 MCGLADREY LLP 801 NICOLLET MALL SUITE 1100 MINNEAPOLIS MN 55402 990 2011-01-01 360760135 CORPORATE AMERICA FAMILY CREDIT UNION CORP 8472142000 2075 BIG TIMBER ROAD ELGIN IL 601231140 PETER PAULSON 8472142000 2012-11-08 1 GERALD B KISSELL P00092658 6123324300 2011 2016-02-24 21:20:13Z PETER PAULSON 2075 BIG TIMBER ROAD ELGIN IL 601231140 31324185 0 X WWW.CAFCU.ORG X 1939 IL CORPORATE AMERICA FAMILY CREDIT UNION IS A NOT FOR PROFIT, MEMBER OWNED AND DIRECTED FINANCIAL COOPERATIVE DEDICATED TO BEING THE PRIMARY FINANCIAL INSTITUTION FOR ITS MEMBERS. 10 9 204 0 0 0 0 0 28884903 25093214 3199645 4388624 59000 19590 32143548 29501428 0 0 4241348 3053536 11116462 10959160 0 0 0 11720693 9838895 27078503 23851591 5065045 5649837 534389584 556168212 462320884 476394831 72068700 79773381 CORPORATE AMERICA FAMILY CREDIT UNION IS A NOT FOR PROFIT, MEMBER OWNED AND DIRECTED FINANCIAL COOPERATIVE DEDICATED TO BEING THE PRIMARY FINANCIAL INSTITUTION FOR ITS MEMBERS. 0 0 RECEIVED DEPOSITS FROM 65,942 MEMBERS. PROVIDED CONSUMER LOANS TO 4,822 MEMBERS. PROVIDED FIRST MORTGAGE AND HOME EQUITY LOANS TO 221 MEMBERS. 0 0 1 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 0 0 0 0 0 0 0 1 1 1 0 1 10525 0 204 1 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X EMILY FORNWALL 8472142012 2075 BIG TIMBER ROAD ELGIN IL 601231140 PETER PAULSON 40.00 X X 266542 0 38230 COSTANZO MAESTRANZI 1.00 X X 2099 0 0 JOHN BLOZIS 1.00 X X 0 0 0 RONALD KALISZ 1.00 X X 3500 0 0 KENNETH NAATZ 1.00 X X 0 0 0 DONN ZAWIS 1.00 X 0 0 0 MAURICE THOMPSON 1.00 X 0 0 0 LAWRENCE PAGE 1.00 X 0 0 0 GLENN BROWN 1.00 X 0 0 0 THOMAS RIECK 1.00 X 749 0 0 ELLEN MEEHAN 40.00 X 124185 0 22920 PAULA MCCARTHY 40.00 X 104430 0 21562 RICHARD K WELLNER 0.00 X 191415 0 0 692920 0 82712 4 1 1 0 BLUE CROSS BLUE SHIELD OF ILLINOIS PO BOX 1186 CHICAGO IL 606901186 HEALTH INSURANCE 1675583 S1 CORPORATION 22 HIGH STREET NORWALK CT 06851 SOFTWARE/SYSTEM PROVIDER 532209 FISERV 255 FISERV DRIVE PO BOX 979 BROOKFIELD WI 530080979 CORE SYSTEM PROVIDER 529342 DIEBOLD INCORPORATED 5995 MAYFAIR ROAD PO BOX 3077 NORTH CANTON OH 447208077 ATM SALES/MAINTENANCE/SERVICE 442599 JACK HENRY & ASSOCIATES INC 663 W HIGHWAY 60 PO BOX 807 MONETT MO 657088215 PLASTIC CARD PROVIDER 420838 17 LOAN INCOME 522100 19602368 19602368 FEE INCOME 522100 5490846 5490846 25093214 4263084 4263084 1210251 738046 1155198 667559 55053 70487 125540 125540 NON-OPERATING INCOME 522100 19590 19590 19590 29501428 25112804 0 4388624 3053536 311120 7692724 484379 1702281 768656 22000 72000 598896 1461187 158216 994012 25990 80000 951834 304245 ALL OTHER EXPENSES 1516359 NCUA ASSESSMENT 1153906 PROVISION FOR LOAN LOSS 1112466 CHECKING EXPENSE 751205 636579 23851591 1455090 1302244 41639521 43431474 281751901 268241613 630803 734967 10699771 6254463 4986014 4445308 195533348 233856470 8392907 4156136 534389584 556168212 4579039 4421882 457741845 471972949 462320884 476394831 X 0 0 0 0 72068700 79773381 72068700 79773381 534389584 556168212 X 5649837 2054844 X 0 1 1 X 0 15064 15064 15064 1 CREDIT UNION POLITICAL ACTION COUNCIL 1807 WEST DIEHL RD NAPERVILLE IL 605667107 363092340 15064 0 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: THE CREDIT UNION'S ONLY POLITICAL ACTIVITY IS THE CONTRIBUTION TO CREDIT UNION POLITICAL ACTION COUNCIL THAT IS REPORTED IN PARTS I-A AND I-C OF THIS SCHEDULE C. 1032224 1032224 3726657 1409387 2317270 569697 329400 240297 5371193 4515676 855517 4445308 FANNIE MAE 79265453 F FREDDIE MAC 57626518 F GINNIE MAE 6879270 F CERTIFICATES OF DEPOSIT 2344292 C INVESTMENT IN ILLINOIS CREDIT UNION LEAGUE 250000 C FEDERAL HOME LOAN BANK 20653459 F FARMER MAC 17436177 F NCUA GUARANTEED NOTE 2557454 F TEMPORARY LIQUIDITY GUARANTEED BONDS 36315291 F NCUSIF DEPOSIT 4628775 C FEDERAL FARM CREDIT BANK 1891342 C CAPITAL SHARES IN CORPORATE CENTRAL CU 4008439 C 233856470 MEMBER SHARES 471972949 471972949 X X 1 1 X X 0 0 0 PETER PAULSON 266542 0 0 0 0 0 21240 0 16990 0 304772 0 0 0 RICHARD K WELLNER 0 0 0 0 191415 0 0 0 0 0 191415 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS - SIGNIFICANT OTHER REIMBURSEMENT FOR BOARD DIRECTORS IS AUTHORIZED IF IT IS REASONABLE, APPROPRIATE, AND NECESSARY TO CARRY ON CREDIT UNION RELATED BUSINESS. SIGNIFICANT OTHER REIMBURSEMENT FOR EMPLOYEES MUST HAVE PRIOR APPROVAL BY THE PRESIDENT/CEO. PAYMENTS FOR TRAVEL EXPENSES OF A SIGNIFICANT OTHER IS CONSIDERED TAXABLE INCOME. HEALTH OR SOCIAL CLUB DUES - THE EMPLOYEE WELLNESS PROGRAM WILL PROVIDE HALF OF THE COST, WITH A MAXIMUM REIMBURSEMENT OF $300, TO EMPLOYEES PARTICIPATING IN ALLOWABLE PROGRAMS THAT CONTRIBUTE TO THEIR OVERALL HEALTH AND WELFARE FOR THE CALENDAR YEAR. ANY REIMBURSEMENT FOR HEALTH CLUB DUES/WELLNESS PROGRAMS ARE INCLUDED AS TAXABLE INCOME. SUPPLEMENTAL INFORMATION PART III PART II, COLUMN (B)(III) -- RICHARD WELLNER IS THE RETIRED PRESIDENT OF THE CREDIT UNION WHO IS RECEIVING BENEFITS FROM A DEFERRED COMPENSATION PLAN, WHICH PAYS OVER A TEN YEAR PERIOD. 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 COMPETITIVE SHARE AND LOAN RATES. 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, OR 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 THE BOARD MEMBERS WERE PROVIDED WITH A COPY OF THE FORM 990 VIA THE BOARD INTRANET WITH TIME TO REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C CORPORATE AMERICA FAMILY CREDIT UNION HAS A CODE OF PROFESSIONAL STANDARDS, WHICH INCLUDES A SECTION ON AVOIDING CONFLICTS OF INTEREST. THE POLICY IS DISTRIBUTED ANNUALLY AND ALL STAFF AND BOARD MEMBERS ARE REQUIRED TO ACKNOWLEDGE THE CODE. THE CODE ALSO EXPLAINS WHO TO CONTACT IN SUCH A SITUATION. SELF REPORTING IS EXPECTED. ALL SUBMITTED INFORMATION IS THOROUGHLY INVESTIGATED. FORM 990, PART VI, SECTION B, LINE 15 A SALARY SURVEY IS PREPARED ANNUALLY BY THE HUMAN RESOURCES DEPARTMENT. INFORMATION IS GATHERED FROM INDEPENDENT SOURCES AND IMPACTS ALL POSITIONS IN THE ORGANIZATION. EXECUTIVE MANAGEMENT MEETS WITH HUMAN RESOURCES TO REVIEW GRADE LEVELS AND PAY RANGES FOR ALL EMPLOYEES. THE CHAIRPERSON REVIEWS THE SALARY SURVEY PRIOR TO RECOMMENDING THE CEO'S SALARY. THE CEO'S SALARY IS SUBJECT TO BOARD APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORTS ARE AVAILABLE ON THE CREDIT UNION WEBSITE. CONFLICT OF INTEREST POLICY/CODE OF PROFESSIONAL STANDARDS AND GOVERNING DOCUMENTATION ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN AVAILABLE FOR SALE SECURITIES ADJUSTMENT 1,335,102. INCOME FROM WHOLLY OWNED SUBSIDIARY 83,402. EQUITY ACQUIRED IN MERGER 636,340. TOTAL TO FORM 990, PART XI, LINE 5: 2,054,844. CORPORATE AMERICA FINANCIAL SERVICES INC 2075 BIG TIMBER ROAD ELGIN IL 601231140 364108945 INSURANCE/DEBT CAN SALES IL CORPORATE AMERICA FAMILY CREDIT UNION C 1217744 651853 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 CORPORATE AMERICA FINANCIAL SERVICES INC A 82200 ACTUAL AMOUNT CORPORATE AMERICA FINANCIAL SERVICES INC M 472260 ACTUAL AMOUNT CORPORATE AMERICA FINANCIAL SERVICES INC N 345900 ACTUAL AMOUNT CORPORATE AMERICA FINANCIAL SERVICES INC P 196080 ACTUAL AMOUNT CORPORATE AMERICA FINANCIAL SERVICES INC Q 1022719 ACTUAL AMOUNT