2021-07-23T14:55:11-05:00 2020-12-31 810781371 J TENBRINK & ASSOCIATES 11272 S RIDGEVIEW RD OLATHE KS 66061 990 2020-01-01 430739854 VANTAGE CREDIT UNION VANT 3142980055 19 RESEARCH PARK COURT ST CHARLES MO 633045616 DOUGLAS E RUCKMAN CHIEF FINANCIAL OFFICER 3142980055 2021-07-23 1 DOUGLAS RUCKMAN 999009999 GERALD TENBRINK P00638199 9138946214 2021-06-30 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ERIC V ACREE 19 RESEARCH PARK COURT ST CHARLES MO 633045616 105005603 0 X WWW.VCU.COM X 1957 MO ENHANCING YOUR LIFE, STRENGTHENING OUR COMMUNITY 7 7 328 10 1228434 0 0 0 43518771 41971069 8068554 7640398 132565 136816 51719890 49748283 9000 10000 0 0 21785725 23644518 0 0 0 27023587 26061431 48818312 49715949 2901578 32334 876362450 1011766016 808319562 947831340 68042888 63934676 ENHANCING YOUR LIFE, STRENGTHENING OUR COMMUNITY 0 0 PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 75,032 MEMBERS. PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2020, THERE WERE 62,387 LOANS OUTSTANDING TOTALING $613,726,168. PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $3,677,665 FOR THE YEAR. 0 0 1 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 17232 0 1 328 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 0 0 0 X DOUGLAS E RUCKMAN 3142980055 19 RESEARCH PARK COURT ST CHARLES MO 633045616 DR JERRY EICHHOLZ CHAIRMAN 1.00 X 0 0 0 DAN DOLAN VICE CHAIRMAN 1.00 X 0 0 0 MARK RUDOLPH SECRETARY/TREASURER 1.00 X 0 0 0 DR WILLIAM SOLOMON DIRECTOR 1.00 X 0 0 0 CHITONYA MARTIN DIRECTOR 1.00 X 0 0 0 DR BARBARA EVANS-CUNNINGHAM DIRECTOR 1.00 X 0 0 0 DANIEL ISOM DIRECTOR 1.00 X 0 0 0 ERIC V ACREE PRESIDENT & CEO 40.00 X 538432 0 79734 DOUGLAS E RUCKMAN CHIEF FINANCIAL OFFICER 40.00 X 271560 0 58295 JOHN M HOPKINS CHIEF RISK OFFICER 40.00 X 231058 0 47311 JERRY E BECKLEY II CHIEF TECHNOLOGY OFFICER 40.00 X 173181 0 49553 KATHLEEN J PALMER CHIEF MEMBER EXPERIENCE OFFICER 40.00 X 233864 0 47828 MICHAEL R GATRELL PRESIDENT, CUSO OPERATIONS 40.00 X 272466 0 45406 JAMES M COCHRAN VICE PRESIDENT, RETAIL EXPERIENCE 40.00 X 143448 0 28011 MATTHEW KENNON SENIOR MORTGAGE LOAN OFFICER 40.00 X 218332 0 26342 MOHAMED SAMI DIRECTOR, DEVELOPMENT 40.00 X 119035 0 42578 CHRISTOPHER SMITH MANAGER, MORTGAGE SALES & BUS. DEVELOPMENT 40.00 X 411518 0 49346 AMANDA BARCLIFF FINANCIAL CONSULTANT 40.00 X 133396 0 22018 2746290 0 496422 11 0 1 0 RPA CONSTRUCTION SERVICES 10677 TRENTON AVENUE ST LOUIS MO 63132 CONSTRUCTION SERVICES 3113132 SECURE DATA TECHNOLOGIES 1392 FRONTAGE ROAD OFALLON IL 62269 TECHNOLOGY SERVICES 2397171 COMMERCIAL INTERIOR SERVICES 4 SWEETBRIAR COURT ST PETERS MO 63376 FURNITURE 1565296 NCR CORPORATION 14181 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 ATM/PTM GOODS & SERVICES 1331001 SALESFORCECOM INC PO BOX 203141 DALLAS TX 753203141 ENTERPRISE APPLICATIONS 800521 23 INTEREST ON LOANS 522100 25410584 25410584 FEES & OTHER INCOME 522100 16093587 15332051 761536 OTHER INSURANCE & WARRANTIES 524298 466898 466898 41971069 5069086 5069086 136816 136816 51325261 6503371 48335020 6922300 2990241 -418929 2571312 2571312 49748283 48519849 1228434 0 10000 2048688 13582702 3892878 3037282 1082968 188624 168815 1249471 768685 2559509 3147397 2862214 67866 65011 1300 3052247 499908 LOAN SERVICING 6410147 MEMBER DIVIDENDS 3677665 PROVISION FOR LOAN LOSS 710772 OTHER LOSSES/CHARGE-OFF 283333 348467 49715949 22958953 28686700 86749444 83713002 463645607 611020490 1556978 3288785 76210394 30156967 44273476 46053427 242322384 220559723 14855608 18443889 876362450 1011766016 13493315 14051347 496721 964525 794329526 932815468 808319562 947831340 X 0 0 0 0 68042888 63934676 68042888 63934676 876362450 1011766016 X 32334 845988 -4986534 X 0 1 X 1 0 250 250 250 1 CUPAC OF MISSOURI 2055 CRAIGSHIRE ROAD ST LOUIS MO 631464012 431310069 250 PART I-A, LINE 1: CONTRIBUTION TO A CREDIT UNION PAC SPONSORED FUNDRAISING EVENT. 0 1 X 13514044 13514044 36787240 12996939 23790301 2963287 2135574 827713 22665257 14792396 7872861 280566 232058 48508 46053427 TECHATCHERY, LLC 100000 C AFS-US TREASURY NOTES 76753126 F AFS-FEDERAL AGENCY SEC. 27143301 F HTM-MORTGAGE BACKED SEC. 115511696 C FHLB STOCK 1051600 C 220559723 MEMBER SHARE DEPOSITS 914116101 DEFINED BENEFIT PENSION PLAN LIABILITY 18699367 932815468 X 49748283 245 245 49748038 245 245 49748283 49717768 2064 2064 49715704 245 245 49715949 PART IV, LINE 2B: THE CREDIT UNION MAINTAINS ESCROW ACCOUNTS FOR INSURANCE AND PROPERTY TAXES RELATED TO MEMBER REAL ESTATE LOANS. IN ADDITION, IN COORDINATION WITH GREENPATH FINANCIAL WELLNESS, THE CREDIT UNION PROVIDES MEMBERS WITH FREE FINANCIAL EDUCATION AND COUNSELING. PART X, LINE 2: THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM PERFORMANCE OF BUSINESS ACTIVITIES THAT ARE IN FURTHERANCE OF ITS EXEMPT PURPOSE. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON UNRELATED BUSINESS INCOME. THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC740-10-25, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN, SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE CREDIT UNION MAY RECOGNIZE THE TAX BENEFITS FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING INTERIM PERIODS. THIS STANDARD DID NOT HAVE AN IMPACT ON THE FINANCIAL STATEMENTS, AND THE CREDIT UNION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, THE CREDIT UNION IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY AUTHORITIES FOR YEARS BEFORE 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: TECHATCHERY, LLC - TOTAL INCOME 245. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY INTEREST INCOME 245. PART XII, LINE 2D - OTHER ADJUSTMENTS: TECHATCHERY, LLC - TOTAL EXPENSES 2,064. PART XII, LINE 4B - OTHER ADJUSTMENTS: INERCOMPANY DIVIDEND EXPENSE 245. 1 $1,000 NON-RENEWABLE SCHOLARSHIPS WERE AWARDED TO TEN VCU MEMBERS GRADUATING FROM HIGH SCHOOL 10 10000 PART I, LINE 2: THE "QUEST FOR EDUCATION" SCHOLARSHIP PROGRAM AWARDS $1,000 NON-RENEWABLE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS. TO BE ELIGIBLE, ENTRANTS MUST BE A VANTAGE PRIMARY ACCOUNT HOLDER AND SUBMIT A COMPLETED APPLICATION. APPLICATIONS ARE JUDGED BY A COMMITTEE OF VANTAGE CREDIT UNION VOLUNTEERS, MEMBERS AND EMPLOYEES. FUNDS ARE DISTRIBUTED DIRECTLY TO THE RECIPIENTS' CHOSEN ACCREDITED COLLEGE OR UNIVERSITY AT THE TIME OF FALL REGISTRATION AND CAN BE USED FOR BOOKS AND TUITION. X X X X 0 0 0 ERIC V ACREE PRESIDENT & CEO 429302 0 102395 0 6735 0 46630 0 33104 0 618166 0 0 0 CHRISTOPHER SMITH MANAGER, MORTGAGE SALES & BUS. DEVEL 34935 0 375660 0 923 0 19675 0 29671 0 460864 0 0 0 DOUGLAS E RUCKMAN CHIEF FINANCIAL OFFICER 240605 0 30000 0 955 0 27191 0 31104 0 329855 0 0 0 MICHAEL R GATRELL PRESIDENT, CUSO OPERATIONS 207521 0 60030 0 4915 0 22805 0 22601 0 317872 0 0 0 KATHLEEN J PALMER CHIEF MEMBER EXPERIENCE OFFICER 208833 0 20000 0 5031 0 23222 0 24606 0 281692 0 0 0 JOHN M HOPKINS CHIEF RISK OFFICER 196393 0 30000 0 4665 0 22512 0 24799 0 278369 0 0 0 MATTHEW KENNON SENIOR MORTGAGE LOAN OFFICER 47548 0 160399 0 10385 0 15094 0 11248 0 244674 0 0 0 JERRY E BECKLEY II CHIEF TECHNOLOGY OFFICER 153181 0 20000 0 0 0 26188 0 23365 0 222734 0 0 0 JAMES M COCHRAN VICE PRESIDENT, RETAIL EXPERIENCE 135302 0 5000 0 3146 0 15317 0 12694 0 171459 0 0 0 MOHAMED SAMI DIRECTOR, DEVELOPMENT 111015 0 6000 0 2020 0 12855 0 29723 0 161613 0 0 0 AMANDA BARCLIFF FINANCIAL CONSULTANT 6948 0 126448 0 0 0 1899 0 20119 0 155414 0 0 0 PART I, LINE 3 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT'S PERFORMANCE AND DETERMINES COMPENSATION WITH THE ASSISTANCE OF AN INDEPENDENT CONSULTANT AND PURSUANT TO A SIGNED EMPLOYMENT CONTRACT. THE BOARD'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES. 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 CREDIT UNION MANAGEMENT PROVIDES AN OUTSIDE ACCOUNTING FIRM THE DATA NEEDED TO PREPARE THE FORM 990, AND SENIOR MANAGEMENT REVIEWS IT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE PRESIDENT AND ALL DIRECTORS, COMMITTEE MEMBERS, 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'S PERFORMANCE AND DETERMINES COMPENSATION WITH THE ASSISTANCE OF AN INDEPENDENT CONSULTANT AND PURSUANT TO A SIGNED EMPLOYMENT CONTRACT. ALL OTHER MANAGEMENT COMPENSATION IS DETERMINED BY THE PRESIDENT AND IS PRESENTED AS PART OF THE BUDGET PACKAGE TO THE BOARD OF DIRECTORS FOR APPROVAL. THE BOARD'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE 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: MINIMUM PENSION LIABILITY ADJUSTMENT -4,986,534. MEMBERS RESOURCE LLC 19 RESEARCH PARK COURT ST CHARLES MO 633045616 274479158 CREDIT UNION SERVICE ORGANIZATION PROVIDING MORTGAGE AND INSURANCE SERVICES MO 6099654 7668072 TECHATCHERY LLC 19 RESEARCH PARK COURT ST CHARLES MO 633045616 272789465 CREDIT UNION SERVICE ORGANIZATION PROVIDING IT SOFTWARE SERVICES MO C 245 119942 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0