ROYAL CREDIT UNION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: ROYAL CREDIT UNION (EIN 39-6072970)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-15
IRS object ID: 201913199349302176
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-15T10:59:02-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	109 N MAIN STREET SUITE 200	AddressLine1Txt
City	AUSTIN	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55912	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	396072970	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ROYAL CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ROYA	BusinessNameControlTxt
Phone	7158338111	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 RIVERFRONT TERRACE	AddressLine1Txt
City	EAU CLAIRE	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	54703	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JON HEHLI	PersonNm
Person Title	CHIEF FINANCIAL OFFICER	PersonTitleTxt
Phone	7158338111	PhoneNum
Signature	2019-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TANYA MEDGAARDEN	PreparerPersonNm
PTIN	P01717240	PTIN
Phone	5074347000	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	67.137.57.251	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-11-15	IPDt
IP Tm	09:08:15	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	6D81EDFA6B22A5FABEAF7AC11E4673F17E810770	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-03-31 21:24:44Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JON HEHLI	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 RIVERFRONT TERRACE	AddressLine1Txt
City	EAU CLAIRE	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	54703	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$132,280,475	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.RCU.ORG	WebsiteAddressTxt
Type Of Organization Other	Yes (X)	TypeOfOrganizationOtherInd
Other Organization Dsc	CREDIT UNION	OtherOrganizationDsc
Formation	1964	FormationYr
Legal Domicile State	WI	LegalDomicileStateCd
Activity Or Mission	TO CREATE A POSITIVE IMPACT IN THE LIVES WE TOUCH.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	816	TotalEmployeeCnt
Total Volunteers	651	TotalVolunteersCnt
Total Gross UBI	$144,181	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$111,462,612	PYProgramServiceRevenueAmt
CY Program Service Revenue	$130,621,252	CYProgramServiceRevenueAmt
PY Investment Income	$4,331,754	PYInvestmentIncomeAmt
CY Investment Income	$1,124,786	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$115,794,366	PYTotalRevenueAmt
CY Total Revenue	$131,746,038	CYTotalRevenueAmt
PY Grants And Similar Paid	$589,290	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$2,183,495	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$14,039,418	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$18,676,401	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$38,871,235	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$42,809,357	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$36,677,470	PYOtherExpensesAmt
CY Other Expenses	$44,697,100	CYOtherExpensesAmt
PY Total Expenses	$90,177,413	PYTotalExpensesAmt
CY Total Expenses	$108,366,353	CYTotalExpensesAmt
PY Revenues Less Expenses	$25,616,953	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$23,379,685	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,211,060,527	TotalAssetsBOYAmt
Total Assets EOY	$2,390,524,196	TotalAssetsEOYAmt
Total Liabilities BOY	$1,973,852,838	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,129,936,823	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$237,207,689	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$260,587,373	NetAssetsOrFundBalancesEOYAmt
Mission	TO CREATE A POSITIVE IMPACT IN THE LIVES WE TOUCH.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	WE FUNDED 43,191 LOANS DURING 2018. AS OF 12/31/18, WE HAD 24,441 MORTGAGES/HOME EQUITY, 114,694 CONSUMER LOANS AND 2,800 MEMBER BUSINESS LOANS. WE ALSO HAD 48,625 CREDIT CARD ACCOUNTS WITH OUR MEMBERS AT 12/31/18.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	WE HAVE DEPOSIT, TRANSACTION, AND INVESTMENT ACCOUNTS WITH 209,776 MEMBERS AT 12/31/18. DURING 2018, WE OPENED 53,181 NEW DEPOSIT, TRANSACTION AND INVESTMENT ACCOUNTS.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	58738	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	816	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	JON HEHLI	PersonNm
Phone	7158338111	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 970	AddressLine1Txt
City	EAU CLAIRE	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	54702	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DOUGLAS OLSON
CHAIRMAN	10.00	Yes (X)	Yes (X)	$29,425	$0	$0
STUART SCHAEFER
VICE CHAIRPERSON	10.00	Yes (X)	Yes (X)	$15,650	$0	$0
THOMAS HUFFCUTT
TREASURER	10.00	Yes (X)	Yes (X)	$20,750	$0	$0
JENNIFER MCDONOUGH
SECRETARY	10.00	Yes (X)	Yes (X)	$18,975	$0	$0
JOHN SACKETT
ASSISTANT VICE CHAIRPERSON	10.00	Yes (X)	Yes (X)	$17,725	$0	$0
NANCY BELTZ
ASSISTANT TREASURER	10.00	Yes (X)	Yes (X)	$13,575	$0	$0
WILLIAM BLACKBURN
ASSISTANT SECRETARY	10.00	Yes (X)	Yes (X)	$15,650	$0	$0
BRANDON RIECHERS
CEO/PRESIDENT	40.00		Yes (X)	$621,238	$0	$504,960
JON HEHLI
EVP-CFO	40.00		Yes (X)	$415,834	$0	$28,184
AMY FORCIER-PABST
EVP-MEMBER EXPERIENCE	40.00		Yes (X)	$244,030	$0	$31,756
JAN JOHNSON
EVP-ORGANIZATIONAL AGILITY	40.00		Yes (X)	$348,166	$0	$16,354
PETER NOHELTY
EVP-CHIEF TECHNOLOGY OFFIC	40.00		Yes (X)	$660,454	$0	$31,313
MICHAEL DILL
EVP-CHIEF LENDING OFFICER	40.00		Yes (X)	$151,275	$0	$11,130
PAMELA HALLER
EVP-CHIEF DIGITAL EXPERIENCE & MARKETING	40.00		Yes (X)	$72,893	$0	$2,639
DAVID THOE
VP-BUSINESS LENDING MANAGER	40.00			$237,156	$0	$28,369	Yes (X)
JARED JOHNSON
MORTGAGE LOAN OFFICER	40.00			$282,719	$0	$11,622	Yes (X)
GLEN KENNISON
VP-CREDIT RISK MANAGEMENT	40.00			$252,662	$0	$11,553	Yes (X)
JACOB SPIES
REGIONAL MORTGAGE SALES MANAGER	40.00			$237,498	$0	$31,205	Yes (X)
MATTHEW CASEY
FINANCIAL ADVISOR	40.00			$232,405	$0	$10,886	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,888,080	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$719,971	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	58	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
GREENDOOR GRAPHICS & ADVERTISING
2726 MONDOVI ROAD	EAU CLAIRE	WI	54701	PROFESSIONAL DESIGN SERVICES & ADVERTISI	$918,768
SERVICE SOLUTIONS INC
161 BUSINESS PARK CIRCLE	STOUGHTON	WI	53589	ATM MAINTENANCE	$314,525
WELD RILEY S C
3624 OAKWOOD HILLS PARKWAY	EAU CLAIRE	WI	54702	LEGAL COUNCIL	$299,065
THILLENS INC
4242 N ELSTON AVENUE	CHICAGO	IL	60618	ATM CASH PROVIDER	$286,226
PETER SCHWABE INC
13890 BISHOPS DRIVE STE 100	BROOKFILED	WI	53005	ARCHITECTS	$266,066

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	18	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
LOAN INTEREST	522100	$90,096,716	$90,096,716
OTHER OPERATING INCOME	522100	$26,332,106	$26,332,106
SERVICE CHARGES & FEE INCOME	522100	$14,192,430	$14,048,249	$144,181

Field	Value	IRS element (for citing)
Total Program Service Revenue	$130,621,252	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,199,223	TotalRevenueColumnAmt
Exclusion	$1,199,223	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$460,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$534,437	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$74,437	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$74,437	TotalRevenueColumnAmt
Exclusion	-$74,437	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$131,746,038	TotalRevenueColumnAmt
Related Or Exempt Func Income	$130,477,071	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$144,181	UnrelatedBusinessRevenueAmt
Exclusion	$1,124,786	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$2,183,495	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$18,676,401	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,271,976	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$30,502,233	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,551,385	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$4,810,874	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,672,889	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$566,405	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,155,628	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$14,083,894	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,087,628	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$335,847	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$114,279	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,889,486	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
PROVISION FOR LOAN LOSS	$10,030,795
LOAN SERVICING	$8,584,050
MISCELLANEOUS OPERATING	$2,672,203
OPERATING FEES	$176,885

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$108,366,353	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$101,435,946	BOYAmt
EOY	$68,749,109	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$14,427,265	BOYAmt
EOY	$8,106,338	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$29,003,506	BOYAmt
EOY	$23,586,170	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,900,408,118	BOYAmt
EOY	$2,137,886,211	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,229,769	BOYAmt
EOY	$3,065,015	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$83,179,661	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$45,931,296	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$37,649,486	BOYAmt
EOY	$37,248,365	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$31,829,063	BOYAmt
EOY	$21,934,770	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$29,152,419	BOYAmt
EOY	$29,144,597	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$12,236,450	BOYAmt
EOY	$11,774,510	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$51,688,505	BOYAmt
EOY	$49,029,111	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,211,060,527	BOYAmt
EOY	$2,390,524,196	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$46,302,451	BOYAmt
EOY	$45,086,228	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,927,550,387	BOYAmt
EOY	$2,084,850,595	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,973,852,838	BOYAmt
EOY	$2,129,936,823	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$237,207,689	BOYAmt
EOY	$260,587,373	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$237,207,689	BOYAmt
EOY	$260,587,373	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,211,060,527	BOYAmt
EOY	$2,390,524,196	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$23,379,685	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$1	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$7,340,535	OtherCostOrOtherBasisAmt
Book Value	$7,340,535	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$41,712,617	OtherCostOrOtherBasisAmt
Depreciation	$16,348,289	DepreciationAmt
Book Value	$25,364,328	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,288,404	OtherCostOrOtherBasisAmt
Depreciation	$865,290	DepreciationAmt
Book Value	$423,114	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$32,207,538	OtherCostOrOtherBasisAmt
Depreciation	$28,215,510	DepreciationAmt
Book Value	$3,992,028	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$630,567	OtherCostOrOtherBasisAmt
Depreciation	$502,207	DepreciationAmt
Book Value	$128,360	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$37,248,365	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBERS' SHARES	Desc
Amt	$2,084,850,595	Amt

Field	Value	IRS element (for citing)
Total Liability	$2,084,850,595	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$130,707,680	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$130,707,680	RevenueSubtotalAmt
Other Revenues Not Included	$1,038,358	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$1,038,358	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$131,746,038	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$107,327,995	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$107,327,995	ExpensesSubtotalAmt
Other Expenses Not Included	$1,038,358	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$1,038,358	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$108,366,353	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES. MANAGEMENT EVALUATED THE CREDIT UNION'S TAX POSITIONS AND CONCLUDED THE CREDIT UNION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE CREDIT UNION FILES FORM 990 IN THE US FEDERAL JURISTICTION.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	DEALER LOAN INCENTIVE 50. MISCELLANEOUS INVESTMENT INCOME 1,026,255. OTHER INCOME 12,053.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	DEALER LOAN INCENTIVE 50. MISCELLANEOUS INVESTMENT INCOME 1,026,255. OTHER INCOME 12,053.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (6 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
ROYAL CREDIT UNION FOUNDATION
200 RIVERFRONT TERRACE	EAU CLAIRE	WI	54703	461588898	501(C)(3)	$1,466,434	TO PROVIDE FINANCIAL SUPPORT TO THE FOUNDATION TO FULFILL ITS EXEMPT PURPOSE.
RIVER FALLS ECONOMIC DEVELOPMENT CORPORATION
222 NORTH LEWIS STREET	RIVER FALLS	WI	54022	391685445	501(C)(6)	$10,000	ST. CROIX VALLEY BUSINESS INNOVATION CENTER
UNITED WAY OF GREATER CHIPPEWA VALLEY
3603 N HASTINGS WAY STE 200	EAU CLAIRE	WI	54703	391077901	501(C)(3)	$9,500	ANNUAL SUPPORT/GIFT
UW-EAU CLAIRE FOUNDATION INC
105 GARFIELD AVE	EAU CLAIRE	WI	54701	390972350	501(C)(3)	$20,000	CARSON PARK TURF
MARSHFIELD CLINIC
1000 N OAK AVENUE	MARSHFIELD	WI	54449	390452970	501(C)(3)	$10,000	CANCER CENTER ROOM
HOPE GOSPEL MISSION
PO BOX 1127	EAU CLAIRE	WI	54702	391948605	501(C)(3)	$6,000	RENEWAL CENTER FOR WOMEN WITH CHILDREN

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	TWO BOARD MEMBERS OF THE CREDIT UNION SERVE ON THE BOARD OF THE FOUNDATION AND MONITOR THE USE OF GRANT FUNDS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Independent Consultant	Yes (X)	IndependentConsultantInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRANDON RIECHERS
CEO/PRESIDENT	$511,522	$0	$103,461	$0	$6,255	$0	$504,074	$0	$886	$0	$1,126,198	$0	$0	$0
JON HEHLI
EVP-CFO	$310,006	$0	$96,950	$0	$8,878	$0	$13,750	$0	$14,434	$0	$444,018	$0	$0	$0
AMY FORCIER-PABST
EVP-MEMBER EXPERIENCE	$190,190	$0	$52,229	$0	$1,611	$0	$12,650	$0	$19,106	$0	$275,786	$0	$0	$0
JAN JOHNSON
EVP-ORGANIZATIONAL AGILITY	$262,290	$0	$83,646	$0	$2,230	$0	$8,630	$0	$7,724	$0	$364,520	$0	$0	$0
PETER NOHELTY
EVP-CHIEF TECHNOLOGY OFFIC	$226,161	$0	$64,946	$0	$369,347	$0	$13,750	$0	$17,563	$0	$691,767	$0	$0	$0
MICHAEL DILL
EVP-CHIEF LENDING OFFICER	$113,113	$0	$0	$0	$38,162	$0	$3,164	$0	$7,966	$0	$162,405	$0	$0	$0
DAVID THOE
VP-BUSINESS LENDING MANAGER	$187,383	$0	$48,541	$0	$1,232	$0	$9,254	$0	$19,115	$0	$265,525	$0	$0	$0
JARED JOHNSON
MORTGAGE LOAN OFFICER	$237,199	$0	$44,897	$0	$623	$0	$10,736	$0	$886	$0	$294,341	$0	$0	$0
GLEN KENNISON
VP-CREDIT RISK MANAGEMENT	$202,811	$0	$48,041	$0	$1,810	$0	$9,637	$0	$1,916	$0	$264,215	$0	$0	$0
JACOB SPIES
REGIONAL MORTGAGE SALES MANAGER	$184,926	$0	$52,476	$0	$96	$0	$12,111	$0	$19,094	$0	$268,703	$0	$0	$0
MATTHEW CASEY
FINANCIAL ADVISOR	$232,405	$0	$0	$0	$0	$0	$9,378	$0	$1,508	$0	$243,291	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINES 4A-B	FormAndLineReferenceDesc
Explanation	BRANDON RIECHERS - PARTICIPATED IN 457-F PLAN, NO DISTRIBUTIONS, DEFERRED $490,324 PETER NOHELTY - RECEIVED SEVERANCE PAYMENT OF $356,086	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION CONSISTS OF MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE/SAVINGS ACCOUNT. EACH MEMBER HAS ONE VOTE TO ELECT THE GOVERNING BODY (BOARD OF DIRECTORS).
FORM 990, PART VI, SECTION A, LINE 7A	THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP UTILIZING THEIR ONE VOTE PER MEMBER.
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 IN 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 RETURN PREPARER EMAILS A COPY OF THE FINAL FORM 990 TO THE VP-FINANCE FOR REVIEW. THE CFO PERFORMS A FINAL REVIEW PRIOR TO SIGNING AND SUBMISSION TO THE IRS. THE CFO REPORTS THE COMPLETION OF THE FORM 990 BY THE REQUIRED DEADLINES TO MANAGEMENT AND THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE CODE OF ETHICS POLICY. THE POLICY, ALONG WITH OUR CORE SYSTEM, PREVENTS TEAM MEMBERS FROM TRANSACTING BUSINESS ON THEIR ACCOUNTS. THE CODE OF ETHICS ALS0 PROHIBITS TEAM MEMBERS FROM TRANSACTING ON ACCOUNTS THEY ARE ASSOCIATED WITH, REGARDLESS OF OWNERSHIP. QUARTERLY, ALL TEAM MEMBERS RECEIVE NOTIFICATION THEY SHOULD NOT TRANSACT ON ANY ACCOUNTS THAT MAY POSE A POTENTIAL CONFLICT OF INTEREST. ALSO QUARTERLY, WE NOTIFY TEAM MEMBERS THEY MUST REPORT VIOLATIONS OF CODE OF ETHICS, INCLUDING CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15	ROYAL CREDIT UNION UTILIZED VARIOUS SALARY SURVEYS AND AN OUTSIDE CONSULTATNT TO DETERMINE COMPENSATION FOR CEO. ROYAL CREDIT UNION UTILIZES MARKET SALARY SURVEYS AND AN OUTSIDE COMPENSATION CONSULTANT TO ASSIST THEM IN DETERMINING MARKET APPROPRIATE SALARY GRADES AND THE PLACEMENT OF POSITIONS INTO THEM FOR THE EXECUTIVE TEAM. THE VP AND EVP OF THE TALENT SERVICES TEAM THEN REVIEWED AND APPROVED THE CONSULTANT'S RECOMMENDATION FOR THE EXECUTIVE TEAM'S MARKET SALARY RANGES AND BONUS TIER RECOMMENDATIONS IN ALIGNMENT TO OUR COMPENSATION PHILOSOPHY. ANY SIGNIFICANT CHANGES ARE ALSO APPROVED BY THE CEO. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2018.
FORM 990, PART VI, SECTION C, LINE 19	ROYAL CREDIT UNION'S ANNUAL FINANCIAL STATEMENTS ARE POSTED IN ALL BRANCH OFFICES. YEAR-END FINANCIAL STATEMENTS ARE ALSO PROVIDED IN THE ANNUAL REPORT AND PRESENTED AT THE ANNUAL MEETING IN APRIL. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC, BUT WOULD BE PROVIDED UPON REQUEST.
FORM 990, PART XI, LINE 9:	ROUNDING -1.
FORM 990, PART XII, LINE 2C:	THIS PROCESS HAS NOT CHANGED FROM LAST YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	RCU FOUNDATION INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 RIVERFRONT TERRACE	AddressLine1Txt
City	EAU CLAIRE	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	54703	ZIPCd

Field	Value	IRS element (for citing)
EIN	461588898	EIN
Primary Activities	BENEFIT THE COMMUNITIES ROYAL CREDIT UNION SERVES	PrimaryActivitiesTxt
Legal Domicile State	WI	LegalDomicileStateCd
Exempt Code Section	501(C)(3)	ExemptCodeSectionTxt
Public Charity Status	PF	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	ROYAL CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Controlled Organization	Yes (1)	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (1)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	RCU FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	B	TransactionTypeTxt
Involved	$1,466,434	InvolvedAmt
Method Of Amount Determination	FAIR MARKET VALUE	MethodOfAmountDeterminationTxt