2026-05-15T14:25:05-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 109 N MAIN STREET SUITE 200 AUSTIN MN 55912 990 2025-01-01 396264347 COMMUNITY FIRST CREDIT UNION COMM 9208307200 PO BOX 1487 APPLETON WI 54912 CATHERINE J TIERNEY CEO/PRESIDENT 9208307200 2026-05-15 1 TANYA MEDGAARDEN P01717240 5074347000 2026-05-15 2025 2025-03-06 01:10:19Z CATHERINE J TIERNEY PO BOX 1487 APPLETON WI 54912 353754056 0 X WWW.COMMUNITYFIRSTCU.ORG X 1975 WI OUR MISSION IS TO BE OUR MEMBERS' PRIMARY FINANCIAL SERVICES PROVIDER 11 10 712 11 54262 0 0 0 225126989 264259347 105613340 86126798 5263928 3277475 336004257 353663620 0 0 147868941 144507946 53179493 56670332 0 0 0 68644434 70959156 269692868 272137434 66311389 81526186 6031707524 6370358954 5308262145 5560778828 723445379 809580126 X 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. 0 0 PROVIDED FINANCIAL SERVICES TO 164,558 MEMBER OWNERS IN 2025. FUNDED 39,308 LOANS TO THESE MEMBERS IN 2025 FOR $1,694,582,159. 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 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 100857 0 1 712 1 1 1 0 0 0 0 0 1 0 X 11 10 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X CATHERINE J TIERNEY 9208307200 1575 DRESANG WAY NEENAH WI 54956 CATHERINE TIERNEY CEO/PRESIDENT / BOD - TREASURER 40.00 X X 1652164 0 26838 KATHRYN SIEMAN BOARD MEMBER 1.00 X 0 0 0 SARA MICHELETTI BOARD MEMBER 1.00 X 0 0 0 JAY FULKERSON BOARD MEMBER - EMERITUS 1.00 X 0 0 0 DANIEL FERRIS BOARD MEMBER 1.00 X 0 0 0 MICHAEL MOORE VICE CHAIRPERSON 1.00 X X 0 0 0 PETER MARIAHAZY CHAIRPERSON 1.00 X X 0 0 0 PAUL SCHWARTZ BOARD MEMBER 1.00 X 0 0 0 AMY FRICKE-WEIGEL BOARD MEMBER 1.00 X 0 0 0 MATTHEW BINGHAM SECRETARY 1.00 X X 0 0 0 ADAM SWOVERLAND BOARD MEMBER 1.00 X 0 0 0 SARAH HUTCHINSON BOARD MEMBER 1.00 X 0 0 0 CHARLES BOSTICK CHIEF FINANCIAL OFFICER 40.00 X 538411 0 24019 SCOTT STEINFORT CHIEF TECHNOLOGY OFFICER 40.00 X 482057 0 80887 KRISTY HESSE CHIEF HR OFFICER 40.00 X 390385 0 41209 AMANDA SECOR CHIEF OF STAFF 40.00 X 399685 0 109279 KARRIE DROBNICK CHIEF STRATEGY AND EXPERIENCE OFFICER 40.00 X 392619 0 43515 TIMOTHY HOFF CHIEF LENDING OFFICER 40.00 X 250012 0 79950 SHAWN MULHANEY CHIEF MEMBER SERVICE OFFICER 40.00 X 230229 0 25319 JENNIFER DILORETO CHIEF RISK OFFICER 40.00 X 142986 0 1337 CARRIE O'CONNOR CHIEF LENDING OFFICER 40.00 X 104554 0 0 JEFFREY GARRETT CFFA PROGRAM MANAGER 40.00 X 556784 0 88005 JAKE BUMAN FINANCIAL ADVISOR 40.00 X 380764 0 25238 MARY SULLIVAN SVP SPECIAL PROJECTS 40.00 X 376283 0 98154 MARY LORNSON SVP LENDING 40.00 X 350436 0 66408 CHAD SCHROEDER FINANCIAL ADVISOR 40.00 X 287547 0 98403 6534916 0 808561 66 0 1 0 VELERA 4950 AMON CARTER BLVD FORT WORTH TX 76155 DEBIT & CREDIT CARD PROCESSING 6883086 BURTON KARSTEDT INC 2336 HIGHPOINT DR LINDENHURST IL 60046 ADVERTISING 3180038 HEARTLAND BUSINESS SYSTEMS INC 1700 STEPHEN ST LITTLE CHUTE WI 54140 DATA PROCESSING 3021447 FISERV PO BOX 934057 ATLANTA GA 31193 DATA PROCESSING 2348081 LUMIN DIGITAL 3001 BISHOP DR SAN RAMON CA 94583 DIGITAL BANKING SERVICES 1610361 62 LOAN INTEREST 522100 223293118 223293118 OTHER OPERATING INCOME 522100 28672268 28672268 FEES AND SERVICE CHARGES 522100 12293961 12239699 54262 264259347 86148506 86148506 68728 90436 -21708 -21708 -21708 OTHER NON-INTEREST INCOME 522100 3277475 3277475 3277475 353663620 267482560 54262 86126798 144507946 5015455 40223984 2634302 5459480 3337111 319858 378075 473688 6409818 11500873 5999027 2914248 459417 232986 23874295 3988875 431081 PROVISION FOR CREDIT LO 6555443 LOAN SERVICING EXPENSES 5601558 MISC. NON-INTEREST EXPE 1524838 OPERATING FEES 295076 272137434 11939932 13672309 10433 55292 14249616 4219055780 4784855199 71174394 73540421 116620760 47588597 69243463 69032163 1580750196 1336842855 79533326 78111099 6031707524 6370358954 47245749 52290320 2393000 2393000 5258623396 5506095508 5308262145 5560778828 X 0 0 0 0 723445379 809580126 723445379 809580126 6031707524 6370358954 X 81526186 4608561 X X 0 0 0 19710349 19710349 64814029 22141910 42672119 674892 621255 53637 30903038 24592003 6311035 518452 233429 285023 69032163 INVESTMENTS - PROGRAM RELATED 1336842855 C 1336842855 MEMBER ACCOUNTS 5506095508 5506095508 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT, UNDER INTERNAL REVENUE CODE (IRC) 501(C)(14), FROM FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE AS UNRELATED BUSINESS INCOME. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF SEPTEMBER 30, 2025 AND 2024. THE CREDIT UNION'S 2022 THROUGH 2024 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. 1 X X X X 0 1 0 CATHERINE TIERNEY CEO/PRESIDENT / BOD - TREASURER 1146612 0 463340 0 42212 0 23500 0 3338 0 1679002 0 0 0 JEFFREY GARRETT CFFA PROGRAM MANAGER 533796 0 16750 0 6238 0 74405 0 13600 0 644789 0 0 0 SCOTT STEINFORT CHIEF TECHNOLOGY OFFICER 384923 0 83285 0 13849 0 67287 0 13600 0 562944 0 0 0 CHARLES BOSTICK CHIEF FINANCIAL OFFICER 440424 0 92019 0 5968 0 24019 0 0 0 562430 0 0 0 AMANDA SECOR CHIEF OF STAFF 322308 0 66933 0 10444 0 100364 0 8915 0 508964 0 0 0 MARY SULLIVAN SVP SPECIAL PROJECTS 298098 0 65809 0 12376 0 94816 0 3338 0 474437 0 0 0 KARRIE DROBNICK CHIEF STRATEGY AND EXPERIENCE OFFICE 335000 0 51270 0 6349 0 34600 0 8915 0 436134 0 0 0 KRISTY HESSE CHIEF HR OFFICER 315404 0 68906 0 6075 0 41209 0 0 0 431594 0 0 0 MARY LORNSON SVP LENDING 228034 0 33734 0 88668 0 64996 0 1412 0 416844 0 0 0 JAKE BUMAN FINANCIAL ADVISOR 377205 0 0 0 3559 0 15823 0 9415 0 406002 0 0 0 CHAD SCHROEDER FINANCIAL ADVISOR 280124 0 3000 0 4423 0 91874 0 6529 0 385950 0 0 0 TIMOTHY HOFF CHIEF LENDING OFFICER 123087 0 78680 0 48245 0 78795 0 1155 0 329962 0 0 0 SHAWN MULHANEY CHIEF MEMBER SERVICE OFFICER 215385 0 7424 0 7420 0 12080 0 13239 0 255548 0 0 0 PART I, LINE 4B CATHERINE J. TIERNEY - PARTICIPATED IN 457(B) DEFERRED COMPENSATION PLAN - NO PAYOUT IN 2025 CATHERINE TIERNEY PRESIDENT/CEO SPLIT DOLLAR LOAN X 14264645 14249616 0 1 1 14249616 SCHEDULE L, PART II NOTED THESE TO BE NON-RECOURSE PLANS THAT ARE RECORDED ON THE BALANCE SHEET AT THE LOWER OF LOAN BALANCE OR CASH SURRENDER VALUE. WE REPORTED THE LOWER OF THE FOLLOWING AMOUNTS.CATHERINE TIERNEY - BALANCE: $17,902,492 CASH SURRENDER VALUE: $14,249,616 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 11B THE FORM 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. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. 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. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME 6,247,353. EQUITY ACQUIRED IN MERGER -1,638,792. FORM 990, PART XII, LINE 2C: A FINANCIAL AUDIT IS PERFORMED ANNUALLY ALONG WITH INTERNAL AUDITS WHICH 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 RENTAL PROPERTY WI COMMUNITY FIRST CREDIT UNION C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NO TRANSACTIONS OVER 50K IN 2025