2023-10-18T14:28:33-05:00 2022-12-31 420714325 RSM US LLP 19026 RIDGEWOOD PKWY STE 400 SAN ANTONIO TX 78259 990 2022-01-01 750796472 FORT WORTH COMMUNITY CREDIT UNION FORT 8178355000 PO BOX 210848 BEDFORD TX 76095 DIANE DORSEY PRESIDENT/CEO 8178355000 2023-10-17 1 DIANE DORSEY 999009999 0 REBECCA A RODRIGUEZ P01073764 2108286281 2023-10-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DIANE DORSEY PO BOX 210848 BEDFORD TX 76095 53209206 0 X WWW.FTWCCU.ORG X 1940 TX THRIFT SAVINGS AND BORROWING FOR MEMBERS. THE CREDIT UNION IS REGULATED BY THE STATE OF TEXAS. THE 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 9 224 10 49084 0 0 0 41102354 46168919 1881787 4837049 143677 145427 43127818 51151395 0 0 0 0 16708072 16754967 0 0 0 20026795 21632220 36734867 38387187 6392951 12764208 1211753992 1225093160 1115996325 1116571285 95757667 108521875 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 QUARTERLY 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 THOSE 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 TYPES OF LOANS ARE AVAILABLE: VEHICLES, 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 0 1 0 0 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 0 0 0 1 18430 0 1 224 1 1 1 0 0 0 0 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 X DIANE DORSEY 8178355000 1905 FOREST RIDGE DRIVE BEDFORD TX 76021 HENRY CHRISTIANSEN BOARD MEMBER (UNTIL 12/7/22) 2.00 X 1128 0 0 MICHAEL CLARDY BOARD MEMBER-CHAIR 2.00 X X 1250 0 0 JANICE GRACZYK BOARD MEMBER 2.00 X 2481 0 0 NEAL OLIVER BOARD MEMBER 2.00 X 2847 0 0 CHARLES REDDING BOARD MEMBER-VICE CHAIR 2.00 X X 1500 0 0 TOMAS TIJERINA BOARD MEMBER 2.00 X 1000 0 0 LEIGHTON WATERS BOARD MEMBER 2.00 X 1952 0 0 HERBERT SIMS BOARD MEMBER 2.00 X 1500 0 0 TUNISIA SADRUDDIN BOARD MEMBER-SECRETARY-TREASURER 2.00 X X 1500 0 0 JOSEPH LOZANO BOARD MEMBER 2.00 X 1500 0 0 DIANE DORSEY PRESIDENT/CEO 40.00 X 439366 0 53607 MICHAEL FRANKO SRVP FINANCE 40.00 X 314297 0 36695 KYLE KOKE SR VP LENDING 40.00 X 288496 0 29934 TAMMY TRUDELLE VP HUMAN RESOURCES 40.00 X 264363 0 38178 CARL AUZENNE VP INFORMATION SERVICES (RET 8/5/22) 40.00 X 205207 0 26917 VALERIE GROSSKURTH VP PAYMENT SYSTEMS & RISK MGMT 40.00 X 182279 0 36543 MATT MEYERS AVP INFO SVCS (UNTIL 8/5/22, THEN VP) 40.00 X 189575 0 35567 NEIL SPENCER VP SUPPORT SERVICES 40.00 X 162990 0 42700 KAREN MARTINEZ VP OPERATIONS 40.00 X 150543 0 32244 BRANDY SCARLETT VP MARKETING 40.00 X 127608 0 40103 KOSTAS LEUCKER INVESTMENT CONSULTANT 40.00 X 269858 0 50965 GINDA ABRAHAM AVP ACCOUNTING 40.00 X 161930 0 22105 SHEILA HAILEY AVP REAL ESTATE 40.00 X 122657 0 30209 LISA PIPPIN AVP LENDING 40.00 X 120971 0 19734 TERRI BOOP AVP BRANCH OPERATIONS 40.00 X 128161 0 9011 3144959 0 504512 16 0 1 0 FIS PO BOX 4535 CAROL STREAM IL 60197 SOFTWARE SERVICES 2697849 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 900740641 WEBSITE 1033365 GREENHILL AIR PO BOX 1598 BURLESON TX 76097 MAINTENANCE 706417 FISERV PO BOX 208457 DALLAS TX 753208457 SOFTWARE SERVICES 574245 LANVERA LTD 112 WRANGLER DR STE 150 COPPELL TX 75019 MAILING SERVICE 413178 16 INTEREST ON LOANS 522100 32863805 32863805 LOAN FEE INCOME 522100 10333691 10333691 MEMBER FEES & CHARGES 522100 2971423 2922339 49084 46168919 4819214 4819214 2060609 15037 2047118 10693 13491 4344 17835 17835 MISCELLANEOUS 522100 145427 145427 145427 51151395 46265262 49084 4837049 3546012 9337700 648023 2373145 850087 4607515 35881 518044 738070 1848923 1198896 1352249 110349 4882138 1250893 354095 PROVISION FOR LOAN LOSS 2460602 LOAN SERVICING 1719962 MISCELLANEOUS EXPENSE 554603 38387187 4317213 4951401 154260473 119132206 563719 839526 19345170 19639360 764740150 806811935 2696996 3379824 41671123 15820179 26273871 25850944 228620797 233271672 10935603 11216292 1211753992 1225093160 11490346 13037410 1104505979 1103533875 1115996325 1116571285 X 0 0 0 0 95757667 108521875 95757667 108521875 1211753992 1225093160 12764208 0 X X 0 0 0 8613873 8613873 24986427 9086083 15900344 434755 402654 32101 7509023 6264978 1244045 127045 66464 60581 25850944 MEMBER SHARES 1103533875 1103533875 PART XI AND XII: FINANCIAL STATEMENTS ARE CURRENTLY AUDITED THROUGH JUNE 30, 2022. X X 1 1 X X X X 0 1 0 DIANE DORSEY PRESIDENT/CEO 409738 0 24480 0 5148 0 24212 0 29395 0 492973 0 0 0 MICHAEL FRANKO SRVP FINANCE 279486 0 22145 0 12666 0 19982 0 16713 0 350992 0 0 0 KOSTAS LEUCKER INVESTMENT CONSULTANT 256817 0 13041 0 0 0 18537 0 32428 0 320823 0 0 0 KYLE KOKE SR VP LENDING 256262 0 20563 0 11671 0 16980 0 12954 0 318430 0 0 0 TAMMY TRUDELLE VP HUMAN RESOURCES 237150 0 20129 0 7084 0 17373 0 20805 0 302541 0 0 0 CARL AUZENNE VP INFORMATION SERVICES (RET 8/5/22) 151726 0 12120 0 41361 0 13493 0 13424 0 232124 0 0 0 MATT MEYERS AVP INFO SVCS (UNTIL 8/5/22, THEN VP 177602 0 11488 0 485 0 12918 0 22649 0 225142 0 0 0 VALERIE GROSSKURTH VP PAYMENT SYSTEMS & RISK MGMT 161796 0 18575 0 1908 0 11992 0 24551 0 218822 0 0 0 NEIL SPENCER VP SUPPORT SERVICES 136638 0 16811 0 9541 0 10724 0 31976 0 205690 0 0 0 GINDA ABRAHAM AVP ACCOUNTING 141776 0 12864 0 7290 0 10240 0 11865 0 184035 0 0 0 KAREN MARTINEZ VP OPERATIONS 127706 0 17670 0 5167 0 9779 0 22465 0 182787 0 0 0 BRANDY SCARLETT VP MARKETING 110447 0 16933 0 228 0 8328 0 31775 0 167711 0 0 0 SHEILA HAILEY AVP REAL ESTATE 104926 0 12894 0 4837 0 7999 0 22210 0 152866 0 0 0 PART I, LINE 1A *TRAVEL FOR COMPANIONS - ANY BOARD/AUDIT COMMITTEE MEMBER OR STAFF CAN APPLY TO TRAVEL FOR A CONFERENCE. TRAVEL IS FOR CREDIT UNIION BUSINESS. IF A SPOUSE OR GUEST GOES WITH THE PERSON, THEN IT IS TAXABLE FOR THAT PORTION ON A FORM 1099. EMPLOYEES HAVE TO REIMBURSE FOR GUESTS. *HEALTH OR SOCIAL CLUB DUES - THE PRESIDENT AND VP'S ARE ELIGIBLE TO RECEIVE REIMBURSEMENT FOR HEALTH CLUB DUES UP TO $50 PER MONTH. THIS IS NOT SHOWN AS TAXABLE INCOME TO THESE EMPLOYEES. PART I, LINE 4B THE CREDIT UNION HAS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) FOR CERTAIN EXECUTIVE OFFICERS OF THE CREDIT UNION. THE SERP WAS FUNDED WITH A SECURED SPLIT DOLLAR (SSD) DESIGN. THE CREDIT UNION ENTERED INTO AN AGREEMENT TO PURCHASE SSD INSURANCE POLICIES ON BEHALF OF CERTAIN EXECUTIVE OFFICERS. THE INSURANCE POLICIES ARE SUBJECT TO A COLLATERAL ASSIGNED BY THE CREDIT UNION AND SUBJECT TO CERTAIN VESTING REQUIREMENTS. THERE WERE NO PAYMENTS FROM THE SSD PLANS. SEE SCHEDULE L, PART II FOR ADDITIONAL DETAILS. RICHARD HOWDESHELL FORMER OFFICER FUND LIFE INSURANCE X 2861959 3001550 0 1 1 MICHAEL J FRANKO OFFICER FUND LIFE INSURANCE X 1118566 1173123 0 1 1 TAMMY TRUDELLE OFFICER FUND LIFE INSURANCE X 711815 746532 0 1 1 DIANE DORSEY OFFICER FUND LIFE INSURANCE X 2440599 2635438 0 1 1 ROCHELLE DRAKE FORMER OFFICER FUND LIFE INSURANCE X 1654678 1765297 0 1 1 KYLE KOKE OFFICER FUND LIFE INSURANCE X 1192008 1250147 0 1 1 CARL AUZENNE FORMER OFFICER FUND LIFE INSURANCE X 824369 864576 0 1 1 KAREN MARTINEZ OFFICER FUND LIFE INSURANCE X 994267 996007 0 1 1 VALERIE GROSSKURTH OFFICER FUND LIFE INSURANCE X 895092 896219 0 1 1 NEIL SPENCER OFFICER FUND LIFE INSURANCE X 622719 633403 0 1 1 BRANDY SCARLETT OFFICER FUND LIFE INSURANCE X 331821 332391 0 1 1 MARC RHODES FORMER OFFICER FUND LIFE INSURANCE X 4917838 5344677 0 1 1 19639360 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 11B THE 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 FINANCIALS STATEMENTS AT EACH BRANCH. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2: FINANCIAL STATEMENTS ARE CURRENTLY AUDITED THROUGH JUNE 30, 2022. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS APPOINTED BY THE BOARD OF DIRECTORS AND HAS THE RESPONSIBILITY FOR GENERAL OVERSIGHT OF THE INTERNAL AUDIT DEPARTMENT AND HAS THE AUTHORITY TO ENGAGE AN ACCOUNTING FIRM TO CONDUCT THE ANNUAL AUDIT. THE CREDIT UNION HAS NOT CHANGED ITS OVERSIGHT OR ELECTION PROCESS.