2012-05-09T07:00:01-05:00 2011-12-31 WCUL Services Corp N25W23131 Paul Rd Suite 500 Pewaukee WI 53072 990 2011-01-01 390716655 Heartland Credit Union HEAR 5325 High Crossing Blvd Madison WI 53718 Sally Dischler 6082827000 2012-05-08 false Cari Thompson 2625490200 2012-05-09 2011 2016-02-24 21:20:13Z Sally Dischler 11486362 false X www.heartlandcu.org X 1936 WI To provide our members with quality cost-effective personalized financial services that contribute to their social and economic well-being 7 7 84 16698 -1528 0 11454768 10967084 52843 125984 109762 314323 11617373 11407391 0 0 3847604 3868332 0 0 6778983 6908522 10626587 10776854 990786 630537 165095643 176492504 151618271 162310423 13477372 14182081 To provide our members with quality cost-effective personalized financial services that contribute to their social and economic well-being false false We have deposit transaction and investment accounts with 17144 members at 1231 During 2011 we opened 4893 new deposit transaction and investment accounts We have 3253 loans during 2011 As of 123111 we had 1171 mortgageshome equity lines 5322 consumer loans and 519 member business loans We also had 3043 credit card accounts with our members false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true 6485 0 true 84 true false false false false false false X 7 7 false false false false true true true true true false false true true true true true true true false false X Sally Dischler 6082827000 5325 High Crossing Blvd Madison WI 53718 Dennis Reinen 1.00 X X 0 0 0 Lois Grans 1.00 X X 0 0 0 Lucy Harr 1.00 X X 0 0 0 Marc Jones 1.00 X X 0 0 0 Paul Beloungy 1.00 X 0 0 0 Rhonda Ledin 1.00 X 0 0 0 Robert Christianson 1.00 X 0 0 0 Sally Dischler 40.00 X 191023 0 10499 Steve Farnsworth 40.00 X 114321 0 26731 305344 0 37230 2 false true false Interest on Loans 522100 7912978 7912978 Member Account Card Fee 522100 1866055 1866055 Other Member Fee Income 522100 923288 923288 Non Member ATM Fees 519100 16698 16698 248065 248065 10967084 111686 111686 28167 28167 86390 6475 79915 79915 79915 86794 72496 14298 14298 14298 Gain on Merger 900099 206241 206241 206241 11407391 11156627 16698 234066 284812 2718530 381259 237986 245745 20050 338540 261427 675115 546486 31072 67255 7049 29319 398829 23499 Dividends to Members 1502604 Loan ServiceLoss Provision 1777168 Member Ins NCUSIF 419567 Member Account Card Costs 789614 20928 10776854 0 0 0 1607046 1684079 7402794 13826544 2306381 1029220 142230392 148208517 625405 710306 14877335 6182854 8782560 8694481 1421217 1488551 719848 850806 165095643 176492504 1427039 1336534 1125000 149066232 160973889 151618271 162310423 X 13477372 14182081 13477372 14182081 165095643 176492504 X 630537 74172 X false false false 1729338 1729338 8271980 2285436 5986544 436459 176269 260190 4182246 3586221 596025 257312 134928 122384 8694481 NCUA Capitalization 1488551 1488551 Member Shares & Deposits 159532037 Net Pension Liability 1024179 All Other Liabilities 417673 160973889 X X X false false false Sally Dischler 170491 0 0 0 20532 0 0 0 10499 0 201522 0 0 0 01. Unrelated business income explanation (Part V, line 3b) We will file for an extension if necessary The 990-T will be filed after the 990 so estimates were used for figures relating to the 990-T 02. Members or stockholder classes and rights (Part VI, line 6) The organization consists of members To be a member one must have a sharesavings account Each member has one vote to elect the governing body Board of Directors 03. Member election for additional members (Part VI, line 7a) The Board of Directors is elected by the membership utilizing their one vote per member 04. Governing body decisions (Part VI, line 7b) Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organizations bylaws Any decision to dissolve or merge the organization requires approval of membership unless mandated by regulatory agency ie NCUA Wisconsin Office of Credit Unions 05. Form 990 governing body review (Part VI, line 11) Form 990 is reviewed for errors and omissions first by credit union executives then provided to the board of directors for review before it is filed 06. Conflict of interest policy compliance (Part VI, line 12c) Employees and officials are required to disclose any known conflicts of interest annually All vendor contracts are reviewed for any conflicts of interesrt prior to execution 07. CEO, executive director, top management comp (Part VI, line 15a) To determine CEO compensation the executive committee of the board of directors reviewed annual CEO goals CUES Executive Compensation Salary Data by geographic region credit union financial results specifically the ROA and the projected budget for the coming year The executive committee then met in private to determine the compensation The minutes of the CEO Review and Executive Committee were documented by the board secretary The Board Chairman then provided the results of the review and compensation to the entire board during closed session 08. Governing documents, etc, available to public (Part VI, line 19) We post our financial statements in all branch lobbies on a monthly basis 09. Explanation of other changes in net assets or fund balances (Part XI, line 5) Net expense associated with the FAS87 defined benefit pension plan