2020-11-05T12:10:34-06:00 2019-12-31 742533381 JAYNES REITMEIER BOYD & THERRELL PC 5400 BOSQUE BLVD STE 600 WACO TX 767104459 990 2019-01-01 741592875 AMPLIFY CREDIT UNION AMPL 5128365901 3600 W PARMER LANE AUSTIN TX 78727 JOHN ORTON CFO 5128365901 2020-11-04 1 NANCY A LIVINGSTON P00044678 2547764190 2020-11-04 68.93.159.109 2020-11-04 10:07:06 CS P 1980E9639CE01090439A19C156B939F5D95E6DBD 1EE3EF41790A302820BDDC44900099621B0B156D 2019 2021-04-22 16:20:28Z KENDALL GARRISON 3600 W PARMER LANE AUSTIN TX 78727 63835365 0 X HTTPS://WWW.GOAMPLIFY.COM/ X 2017 TX TO IMPROVE THE LIVES OF OUR MEMBERS AND THE STRENGTH OF OUR COMMUNITIES. 14 7 272 15 114406 0 0 0 50299892 55395162 4905086 3002759 0 0 55204978 58397921 0 0 0 0 19411975 22872859 0 0 0 28771922 30917480 48183897 53790339 7021081 4607582 950869035 994465486 867995880 910390456 82873155 84075030 TO IMPROVE THE LIVES OF OUR MEMBERS AND THE STRENGTH OF OUR COMMUNITIES. 0 0 53790339 55280756 AMPLIFY PROVIDES CERTIFICATES OF DEPOSIT, SHARE ACCOUNTS AND CHECKING ACCOUNTS TO MEMBERS. THE CREDIT UNION PAYS INTEREST ON THE SAVINGS AND TIME DEPOSITS. IN ADDITION, THE CREDIT UNION PROVIDES VARIOUS TYPES OF LOANS TO ITS MEMBERS, INCLUDING RESIDENTIAL AND HOME EQUITY LOANS, AUTO LOANS, BUSINESS LOANS, AND CONSUMER LOANS. THE CREDIT UNION SERVICES LOANS FOR ITS MEMBERS AND OTHER FINANCIAL INSTITUTIONS. 53790339 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 28779 0 272 1 0 0 0 0 0 0 0 0 X 14 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X JOHN ORTON 5128365901 3600 W PARMER LANE AUSTIN TX 78727 WILLIE EVERETT CHAIR 5.25 X X 0 0 0 RON GREGG VICE CHAIR 3.00 X X 0 0 0 SAM ROBERTSON SECRETARY 3.00 X X 0 0 0 ALLEN JENSEN TREASURER 3.00 X X 0 0 0 LEMUEL WILLIAMS DIRECTOR 2.00 X 0 0 0 SANDY DOCHEN DIRECTOR 2.00 X 0 0 0 JOYCE J SMITH DIRECTOR 2.00 X 0 0 0 PAUL A TRYLKO PRESIDENT - CEO 40.00 X 670318 0 20786 KENDALL GARRISON EXECUTIVE VICE PRESIDENT 40.00 X 399471 0 19934 NANCY BALLMAN SVP - COO 40.00 X 331937 0 19250 JOHN ORTON SVP - CFO 40.00 X 304083 0 16091 LISA NICHOLAS SVP - CHIEF DIGITAL 40.00 X 0 0 0 MICHAEL E KOCH SVP - CHIEF LENDING 40.00 X 319784 0 20482 STACY R ARMIJO SVP - CXP 40.00 X 289692 0 14965 ALEJANDRO L CARDONA MORTGAGE LOAN ORIGINATOR 40.00 X 240280 0 12603 LISA LARSON VP - PAYMENTS & OPS 40.00 X 192955 0 13713 MORGAN COURTNEY VP - RETAIL 40.00 X 195213 0 6028 KIMBERLY S GAMEZ VP - ACCOUNTING 40.00 X 190077 0 8135 DENISE HART VP - HUMAN RESOURCES 40.00 X 195134 0 12873 KAREN POLLACK VP - DIGITAL TRANSFORM 40.00 X 201511 0 8805 SHIRLEY P SHEFFIELD VP - COMMERCIAL LOAN OFFICER 40.00 X 168193 0 7350 KRISTIN N KELLER VP - RE LENDING 40.00 X 194850 0 9859 CHRISTINA RANFT VP - PROJECT MANGEMENT 40.00 X 187736 0 13520 JOSE C SAN PEDRO VP - LOAN ADMINISTRATION 40.00 X 185179 0 11735 CHARLOTTE P MORRISON SCP - CIO 40.00 X 183880 0 8409 JENNIFER SOBCZYK VP - CORE PRODUCT MGMT. 40.00 X 178678 0 10010 ALEXANDER B OLMOS VP - COMMERCIAL LOAN OFFICER 40.00 X 164907 0 10472 STEVEN J WILLIAMS AVP - LEARNING & DEVELOPMENT 40.00 X 158895 0 14516 QUANG D VU SR. SALESFORCE DEVELOPER 40.00 X 156273 0 12368 ANTONIOS D KOUNTOUPIS VP - CONSUMER LENDING 40.00 X 155538 0 11873 ALAN W HANSFORD SCVP - CRO 40.00 X 152672 0 8463 5417256 0 292240 50 0 1 0 FISERV 255 FISERV DR BROOKFIELD WI 53045 SOFTWARE PROVIDER 1473283 AUSTIN CANYON CORPORATION 2613 BUELL AVE STE 100 AUSTIN TX 78757 CONSTRUCTION 1089195 Q2 SOFTWARE INC 13785 N HIGHWAY 183 STE 150 AUSTIN TX 78750 SOFTWARE PROVIDER 797488 VERIZON 700 HIDDEN RIDGE IRVING TX 75038 TELECOMM PROVIDER 569376 GOOGLE 1600 AMPHITHEATRE PARKWAY MOUNTAIN VIEW CA 94043 MARKETING 422044 22 LOANS TO MEMBERS 522100 38427705 38427705 FEES AND CHARGES 522100 7665133 7550727 114406 GAIN ON SALE OF LOANS 522100 5107969 5107969 INTERCHANGE INCOME 522100 3259642 3259642 OTHER INCOME 522100 934713 934713 55395162 3080889 3080889 5359314 5437444 -78130 -78130 -78130 58397921 55280756 114406 3002759 2315284 2315284 16486791 16486791 613876 613876 2148067 2148067 1308841 1308841 287447 287447 148700 148700 862633 862633 5478643 5478643 2199285 2199285 237957 237957 8375363 8375363 2366644 2366644 190455 190455 PROVISION FOR LOAN LOSS 3700000 3700000 PRODUCT EXPENSES 2427240 2427240 OTHER PROFESSIONAL FEES 1790391 1790391 LOAN EXPENSES 1763296 1763296 1089426 1089426 53790339 53790339 0 0 57230731 59430166 4447401 4557252 770176909 800082567 41874328 16516493 24382872 25357835 61366798 45445188 30359070 33264324 29233408 950869035 994465486 14765717 22890648 89199820 84583694 764030343 802916114 867995880 910390456 X 0 0 0 0 82873155 84075030 82873155 84075030 950869035 994465486 X 4607582 2325614 -5731321 X 0 1 X 1 0 5543214 5543214 15926921 3950985 11975936 5522188 2050177 3472011 14882005 10515331 4366674 25357835 MEMBERS' SHARE AND SAVINGS ACCOUNT 802916114 802916114 X 58846861 448940 448940 58397921 0 58397921 53790339 0 53790339 0 53790339 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL AND STATE INCOME TAXES; HOWEVER, THE CREDIT UNION'S WHOLLY OWNED CUSO IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC) CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN THE INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME (UBI) DERIVED BY STATE-CHARTERED CREDIT UNIONS. UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. MANAGEMENT HAS ASSESSED THE CREDIT UNION'S ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2018, 2017 AND 2016 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS). THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE DIFFERENT THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS. X 1 1 X X X X 0 1 0 PAUL A TRYLKO PRESIDENT - CEO 465790 0 138284 0 66244 0 8285 0 12501 0 691104 0 0 0 KENDALL GARRISON EXECUTIVE VICE PRESIDENT 302923 0 90433 0 6115 0 10631 0 9303 0 419405 0 0 0 NANCY BALLMAN SVP - COO 266385 0 62183 0 3369 0 9377 0 9873 0 351187 0 0 0 JOHN ORTON SVP - CFO 247462 0 54000 0 2621 0 10332 0 5759 0 320174 0 0 0 MICHAEL E KOCH SVP - CHIEF LENDING 247231 0 59673 0 12880 0 10742 0 9740 0 340266 0 0 0 STACY R ARMIJO SVP - CXP 240882 0 44524 0 4286 0 5553 0 9412 0 304657 0 0 0 ALEJANDRO L CARDONA MORTGAGE LOAN ORIGINATOR 55486 0 183996 0 798 0 8382 0 4221 0 252883 0 0 0 LISA LARSON VP - PAYMENTS & OPS 148988 0 34004 0 9963 0 6708 0 7005 0 206668 0 0 0 MORGAN COURTNEY VP - RETAIL 164198 0 30466 0 549 0 736 0 5292 0 201241 0 0 0 KIMBERLY S GAMEZ VP - ACCOUNTING 161631 0 27632 0 814 0 5909 0 2226 0 198212 0 0 0 DENISE HART VP - HUMAN RESOURCES 159713 0 26830 0 8591 0 5776 0 7097 0 208007 0 0 0 KAREN POLLACK VP - DIGITAL TRANSFORM 169821 0 29032 0 2658 0 6524 0 2281 0 210316 0 0 0 SHIRLEY P SHEFFIELD VP - COMMERCIAL LOAN OFFICER 111769 0 53766 0 2658 0 2548 0 4802 0 175543 0 0 0 KRISTIN N KELLER VP - RE LENDING 158385 0 35538 0 927 0 4615 0 5244 0 204709 0 0 0 CHRISTINA RANFT VP - PROJECT MANGEMENT 143910 0 32298 0 11528 0 6559 0 6961 0 201256 0 0 0 JOSE C SAN PEDRO VP - LOAN ADMINISTRATION 150538 0 34340 0 301 0 3061 0 8674 0 196914 0 0 0 CHARLOTTE P MORRISON SCP - CIO 168750 0 0 0 15130 0 4240 0 4169 0 192289 0 0 0 JENNIFER SOBCZYK VP - CORE PRODUCT MGMT. 140000 0 37891 0 787 0 4807 0 5203 0 188688 0 0 0 ALEXANDER B OLMOS VP - COMMERCIAL LOAN OFFICER 111731 0 50929 0 2247 0 5693 0 4779 0 175379 0 0 0 STEVEN J WILLIAMS AVP - LEARNING & DEVELOPMENT 129615 0 28704 0 576 0 5447 0 9069 0 173411 0 0 0 QUANG D VU SR. SALESFORCE DEVELOPER 146984 0 9055 0 234 0 2071 0 10297 0 168641 0 0 0 ANTONIOS D KOUNTOUPIS VP - CONSUMER LENDING 124062 0 29852 0 1624 0 5387 0 6486 0 167411 0 0 0 ALAN W HANSFORD SCVP - CRO 151615 0 0 0 1057 0 4119 0 4344 0 161135 0 0 0 PART I, LINE 1A TRAVEL WAS PROVIDED FOR THE SPOUSES OF TWO BOARD MEMBERS. THE TRAVEL EXPENSE WAS REPORTED ON FORMS 1099 FILED WITH THE IRS AND PROVIDED TO THE SPOUSES. PAUL A TRYLKO CEO SPLIT DOLLAR LIFE INSURANCE X 3887448 4557252 0 1 1 4557252 FRANK P HART JR SPOUSE OF HIGHEST COMPENSATED EMPLOYEE CURRENT SALESFORCE DEVELOPER RELATED TO SPOUSE OF A TOP HIGHLY COMPENSATED EMPLOYEE. 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE VOTE OF THE MEMBERSHIP IS REQUIRED FOR ANY CHANGES TO THE GOVERNING DOCUMENTS OR TO APPROVE A MERGER. FORM 990, PART VI, SECTION B, LINE 11B SENIOR MANAGEMENT AND BOARD OF DIRECTORS REVIEW THE 990 AT A BOARD MEETING AND EACH BOARD MEMBER IS PROVIDED A COPY PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD-LEVEL CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED ANNUALLY. ALL BOARD MEMBERS, VOLUNTEERS, AND SENIOR MANAGEMENT EXECUTIVES COMPLETE AN ANNUAL DISCLOSURE OF POTENTIAL CONFLICTS. FURTHER, ALL EMPLOYEES, INCLUDING SENIOR MANAGEMENT, ANNUALLY ACKNOWLEDGE THEIR RESPONSIBILITIES FOR POTENTIAL CONFLICT OF INTERESTS VIA THE TEAM MEMBER HANDBOOK. FORM 990, PART VI, SECTION B, LINE 15 AMPLIFY UTILIZES AN OUTSIDE COMPENSATION CONSULTANT, MCLAGAN (AN AON HEWITT COMPANY) TO CONDUCT AN ANNUAL STUDY OF CEO COMPENSATION. THE STUDY IS BASED ON A COMBINATION OF PROXY AND SURVEY DATA SOURCES. THE STUDY IS PRESENTED BY HUMAN RESOURCES TO THE AMPLIFY BOARD OF DIRECTORS. THE BOARD THEN REVIEWS AND APPROVES CEO COMPENSATION ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL RESULTS ARE POSTED PUBLICLY AT THE CREDIT UNION'S MAIN BRANCHES. FORM 990, PART XI, LINE 9: NET CHANGE IN DEFINED BENEFIT PENSION PLAN -5,731,321. PARMER HQ LLC 3600 W PARMER LANE AUSTIN TX 78727 272105697 LEASE OF REAL PROPERTY TX 286692 6198730 PARMER WEST LLC 3600 W PARMER LANE AUSTIN TX 78727 463383694 LEASE OF REAL PROPERTY TX -65288 2948664 ASSET HOLDINGS 1 3600 W PARMER LANE AUSTIN TX 78727 853751320 TEMPORARILY HOLD REPOSESSED ASSETS TX 0 0 ASSET HOLDINGS 2 3600 W PARMER LANE AUSTIN TX 78727 853748581 TEMPORARILY HOLD REPOSESSED ASSETS TX 0 0