2023-11-02T16:53:22-05:00 2022-12-31 810781371 J TENBRINK & ASSOCIATES 11272 S RIDGEVIEW RD OLATHE KS 660616454 990 2022-01-01 480612011 HEARTLAND CREDIT UNION HEAR 6206690177 4000 N MONROE ST HUTCHINSON KS 675022224 JOEL ANDREW CFO 6206690177 2023-11-02 1 JOEL ANDREW 999009999 0 GERALD TENBRINK P00638199 9138946214 2023-10-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANIEL SPRINGER 4000 N MONROE ST HUTCHINSON KS 675022224 35016266 0 X WWW.HCU.COOP X 1948 KS TO PROVIDE HIGH QUALITY FINANCIAL SERVICES TO OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION. 7 7 158 12 269200 0 16053 3677 30367721 32295302 247595 432070 0 0 30631369 32731049 12709 14243 0 0 10039947 10443058 0 0 0 10029972 16608701 20082628 27066002 10548741 5665047 477723732 598292270 431041288 544818946 46682444 53473324 TO PROVIDE HIGH QUALITY FINANCIAL SERVICES TO OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION. 0 0 PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 36,684 MEMBERS. PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2022, THERE WERE 29,887 LOANS OUTSTANDING TOTALING $519,139,340, INCLUDING PARTICIPATIONS. PAID DIVIDENDS ON DEPOSITS TOTALING $2,940,817 FOR THE YEAR. 0 0 1 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 1 0 0 1 18154 0 1 158 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 X JOEL ANDREW 6206690177 4000 N MONROE ST HUTCHINSON KS 675022224 REX CHRISTNER CHAIRMAN 3.00 X 0 0 0 CAROLINE PHELPS VICE CHAIRMAN 2.00 X 0 0 0 SHEILA MEGGERS SECRETARY/TREASURER 2.00 X 0 0 0 JOHN MCCANNON BOARD MEMBER 2.00 X 0 0 0 ROY BROXTEMAN BOARD MEMBER 2.00 X 0 0 0 LIBBY BECK BOARD MEMBER 2.00 X 0 0 0 MARK WOLESLAGEL BOARD MEMBER 2.00 X 0 0 0 SHANDI STALLMAN BOARD MEMBER 2.00 X 0 0 0 KENDALL PULLIAM BOARD MEMBER 2.00 X 0 0 0 DANIEL SPRINGER PRESIDENT/CEO 50.00 X 418489 0 26987 JOEL ANDREW CFO 50.00 X 217863 0 34724 MICHELLE WALN CCO 50.00 X 196431 0 17081 ZACHARY CLOBES CTO 50.00 X 196745 0 26476 BAMBI STEWART CLO 50.00 X 175421 0 31600 JEREMY STAUFFACHER CXO 50.00 X 188666 0 25397 MICHAEL LORIMOR VP-REAL ESTATE LENDING 50.00 X 185651 0 12984 MONTE CROSS PRESIDENT-HWS 50.00 X 146954 0 31468 AMY BRENNAN VP-COMMERCIAL LENDING 1.00 X 139229 0 15380 ANGELA MEILKE VP-STRATEGIC INITIATIVES 1.00 X 126003 0 21657 SARAH BASS VP-SALES & SERVICE 1.00 X 119985 0 12912 2111437 0 256666 14 0 1 0 JACK HENRY & ASSOCIATES PO BOX 609 MONETT MO 65708 CORE PROVIDER 514886 ALKAMI TECHNOLOGY PO BOX 122223 DEPT 2223 DALLAS TX 753122223 SOFTWARE PROVIDER 364553 INSIGHT DIRECT USA INC PO BOX 731069 DALLAS TX 753731069 TECHNOLOGY HARDWARE 280974 NUSOURCE FINANCIAL 9749 HAMILTON ROAD EDEN PRAIRIE MN 55344 ATM PROVIDER 207038 ARCA 5050 KINGSLEY DRIVE CINCINNATI OH 45227 CASH COIN MACHINE PROVIDER 194724 10 3677 3677 INTEREST ON LOANS 522100 21130464 21130464 FEES & OTHER INCOME 522100 10923332 10895638 27694 INSURANCE & WARRANTIES 524298 241506 241506 32295302 383333 383333 2333954 2285217 48737 48737 48737 32731049 32458172 269200 0 10113 4130 1555880 7325779 336497 594712 630190 10479 177396 312302 915300 3035479 1549747 733059 54347 375724 814974 943183 155710 PROVISION FOR LOAN LOSS 2944232 DIVIDENDS ON SHARES 2940817 LOAN SERVICING 1093318 ASSOCIATION DUES 113186 439448 27066002 2009031 2603284 13771785 10557817 1646916 4055882 12998502 12986620 397372181 515201306 747635 920089 22511580 9906204 12159914 12605376 6659640 8000365 18220063 23304491 12138065 8057040 477723732 598292270 5241676 4784486 14110499 56091157 411689113 483943303 431041288 544818946 X 0 0 0 0 46682444 53473324 46682444 53473324 477723732 598292270 X 5665047 -437149 1562982 X 0 0 0 2600 2600 2600 1 CREDIT UNION PAC OF KANSAS 901 SW TOPEKA BLVD TOPEKA KS 66612 480949548 2600 PART I-A, LINE 1: CONTRIBUTION TO THE CREDIT UNION PAC OF KANSAS 2131570 2131570 14333005 5400741 8932264 91494 30550 60944 5955511 4474913 1480598 12605376 MEMBER SHARE DEPOSITS 483943303 483943303 X 1 1 X X X X X 0 1 0 DANIEL SPRINGER PRESIDENT/CEO 340264 0 72808 0 5417 0 21339 0 5648 0 445476 0 0 0 JOEL ANDREW CFO 183723 0 31061 0 3079 0 15802 0 18922 0 252587 0 0 0 ZACHARY CLOBES CTO 161548 0 33950 0 1247 0 14132 0 12344 0 223221 0 0 0 JEREMY STAUFFACHER CXO 159593 0 28406 0 667 0 13533 0 11864 0 214063 0 0 0 MICHELLE WALN CCO 164709 0 29193 0 2529 0 13891 0 3190 0 213512 0 0 0 BAMBI STEWART CLO 145380 0 30041 0 0 0 12964 0 18636 0 207021 0 0 0 MICHAEL LORIMOR VP-REAL ESTATE LENDING 125407 0 60244 0 0 0 12984 0 0 0 198635 0 0 0 MONTE CROSS PRESIDENT-HWS 103189 0 42394 0 1371 0 11106 0 20362 0 178422 0 0 0 AMY BRENNAN VP-COMMERCIAL LENDING 119013 0 20216 0 0 0 9732 0 5648 0 154609 0 0 0 PART I, LINE 1A THE CREDIT UNION PROVIDES REIMBURSEMENT FOR YMCA MEMBERSHIP DUES. THIS BENEFIT IS AVAILABLE TO ALL EMPLOYEES, INCLUDING OFFICERS. PART I, LINE 3 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT/CEO'S PERFORMANCE AND SETS COMPENSATION USING INFORMATION FROM EXTERNAL SOURCES AND SURVEYS. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. PART I, LINE 4B THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS FOR THE FOLLOWING OFFICERS THROUGH COLLATERAL ASSIGNMENT SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENTS: DANIEL SPRINGER, PRESIDENT/CEO MICHELLE WALN, CCO ZACHARY CLOBES, CTO JEREMY STAUFFACHER, CXO JOEL ANDREW, CFO BAMBI STEWART, CLO SEE SCHEDULE L FOR FURTHER DETAILS, INCLUDING THE RELATED LOANS OUTSTANDING AT 12/31/2022. DANIEL SPRINGER PRESIDENT/CEO NONRECOURSE SPLIT DOLLAR PLAN X 2400000 2499440 0 1 1 MICHELLE WALN OFFICER-CCO NONRECOURSE SPLIT DOLLAR PLAN X 2500000 2500000 0 1 1 ZACHARY CLOBES OFFICER-CTO NONRECOURSE SPLIT DOLLAR PLAN X 2250000 2250000 0 1 1 JEREMY STAUFFACHER OFFICER-CXO NONRECOURSE SPLIT DOLLAR PLAN X 2250000 2250000 0 1 1 JOEL ANDREW OFFICER-CFO NONRECOURSE SPLIT DOLLAR PLAN X 1925000 1931747 0 1 1 BAMBI STEWART OFFICER-CLO NONRECOURSE SPLIT DOLLAR PLAN X 1550000 1555433 0 1 1 12986620 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN SIGNIFICANT CHANGES ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER NO SUCH CHANGES WERE MADE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AND SUBMIT A SIGNED STATEMENT TO THAT EFFECT. THESE STATEMENTS ARE MAINTAINED ON FILE AT THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT/CEO'S PERFORMANCE AND SETS COMPENSATION USING INFORMATION FROM EXTERNAL SOURCES AND SURVEYS. SIMILARLY, THE PRESIDENT/CEO DETERMINES COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES AND PRESENTS THIS AS PART OF THE BUDGET PACKAGE TO THE BOARD FOR APPROVAL. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION'S LOBBY AND ON THEIR WEBSITE, PRESENTED AT THE ANNUAL MEETING, AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES, AND PROCEDURES ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY ACQUIRED PURSUANT TO MERGER WITH FARMERS CREDIT UNION 1,562,982. MEMBERSOURCE INC 4000 N MONROE HUTCHINSON KS 67502 742809182 SECURITIES BROKERAGE SERVICES KS C 119797 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0