2019-11-15T12:11:43-06:00 2018-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2018-01-01 936024307 RIVERMARK COMMUNITY CREDIT UNION RIVE 5035262696 8505 SW CREEKSIDE PLACE BEAVERTON OR 97008 SETH SCHAEFER CEO AND PRESIDENT 5035262696 2019-11-14 1 WENDY CAMPOS P00448102 5032421447 2019-11-14 12.129.4.210 2019-11-14 18:56:54 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 CEB32098E0DA78823741A708D31426FEC07C0BDB 2018 2020-04-17 16:48:07Z SETH SCHAEFER 8505 SW CREEKSIDE PLACE BEAVERTON OR 97008 54586028 0 X WWW.RIVERMARKCU.ORG X 1951 OR CONDUCTING CREDIT UNION FINANCIAL SERVICES FOR A MEMBER OWNED FINANCIAL COOPERATIVE. 9 9 223 13 574033 42633 0 0 50702739 51486374 1198223 3053410 0 0 51900962 54539784 0 0 0 0 18424801 18064162 0 0 0 28556682 26233465 46981483 44297627 4919479 10242157 829184553 857074350 752164299 770153664 77020254 86920686 X PROVIDE QUALITY FINANCIAL SERVICES, PRODUCTS, AND SUPPORT FOR MEMBERS IN THE LOCAL COMMUNITIES WE SERVE. 0 0 PROVIDED FINANCIAL SERVICES TO 88,586 MEMBERS, INCLUDING SHARE DEPOSITS AND LOANS. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 31897 0 1 223 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X BRIAN GRIFFIS 5039069706 8505 SW CREEKSIDE PLACE BEAVERTON OR 97008 STEVE LUCAS BOARD CHAIR 2.00 X X 0 0 0 KIM BICKFORD VICE CHAIR 2.00 X X 0 0 0 BILL ROBERTS BOARD SECRETARY 2.00 X X 0 0 0 DENNIS FULLAN BOARD MEMBER 1.00 X X 0 0 0 GARY FRAYN BOARD MEMBER 1.00 X 0 0 0 MATTHEW BAIRD BOARD MEMBER 1.00 X 0 0 0 JOSEPH STEPHENSON BOARD MEMBER 1.00 X 0 0 0 TONY KULLEN BOARD MEMBER 1.00 X 0 0 0 ROB LAVIGNE BOARD MEMBER 1.00 X 0 0 0 SETH SCHAEFER PRESIDENT/CEO 40.00 X 309393 0 17685 SCOTT BURGESS FORMER EMERITUS PRESIDENT/CEO 40.00 X 501991 0 17982 NICK HODSON FORMER CHIEF FINANCIAL OFFICER 40.00 X 184248 0 10470 ROBERT MILLS FORMER CHIEF TECHNOLOGY OFFICER 40.00 X 263467 0 10015 CORI POLAND CHIEF EXPERIENCE OFFICER 40.00 X 168692 0 12375 BRIAN GRIFFIS CHIEF FINANCIAL OFFICER 40.00 X 175140 0 7662 DAVID NOBLE SENIOR VICE PRESIDENT OF MARKETIN 40.00 X 179440 0 13425 JACQUELINE HENDERSON FORMER VICE PRESIDENT OF HUMAN RE 40.00 X 185009 0 14277 VICTORIA KING VICE PRESIDENT BUSINESS SERVICES & MORTGAGE 40.00 X 148062 0 12612 PETRO VERZOSA APPLICATIONS MANAGER 40.00 X 147124 0 6385 SHARON PASERO VICE PRESIDENT RISK MANAGEMENT 40.00 X 140494 0 12385 RANDY BRESEE VICE PRESIDENT MEMBER EXPERIENCE 40.00 X 138853 0 12704 TERI ZAHN SENIOR HUMAN RESOURCES MANAGER 40.00 X 107448 0 11061 2649361 0 159038 19 0 1 0 FISERV INC PO BOX 99924 GRAPEVINE TX 76099 FINANCIAL SOFTWARE, HARDWARE AND EFT 2498348 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 900740641 ONLINE AND MOBILE BANKING 1286052 LCG PENCE CONSTRUCTION LLC 2720 SW CORBETT AVENUE PORTLAND OR 97201 CONSTRUCTION CONTRACTOR 1000170 FINANCIAL TECHNOLOGY SOLUTIONS INC PO BOX 919 MONROVIA CA 91017 ATM/PTK SOFTWARE AND MAINTENANCE 331155 SWBC PO BOX 795027 SAN ANTONIO TX 78279 OUTSOURCED COLLECTION SERVICES 252237 19 INTEREST ON LOANS 522100 32941122 32941122 INTERCHANGE INCOME 522100 8858636 8796801 61835 SERVICE CHARGES AND FE 522100 6352512 6314061 38451 OTHER NON-INTEREST INC 522100 2535722 2061975 473747 MORTGAGE SALES AND SER 522100 798382 798382 51486374 3099654 3099654 46244 -46244 -46244 -46244 54539784 50912341 574033 3053410 2071268 10612227 2353273 1779810 1247584 66956 75899 2130313 1025363 2228380 2830614 1021003 482954 2643888 1926902 PROVISION FOR LOAN LOSS 5839969 LOAN SERVICING 5257556 DUES AND SUBSCRIPTIONS 171144 STATE EXAMINATION 84875 447649 44297627 6918505 7335202 53658751 32124469 678840746 646227466 1866808 1540074 25567951 10046317 15859864 15521634 34859200 118564092 1921949 2626609 35258730 33134804 829184553 857074350 12737639 6809398 1725000 1495000 1017733 1089195 3500000 15000000 733183927 745760071 752164299 770153664 X 0 0 0 0 77020254 86920686 77020254 86920686 829184553 857074350 10242157 -341725 0 X 0 0 0 12000 0 12000 12000 1 CREDIT UNION LEGISLATIVE ACTION FUND PO BOX 1900 BEAVERTON OR 970751900 800043051 12000 PART I-A, LINE 1: THE CREDIT UNION HAS ONLY INDIRECT POLITICAL CAMPAIGN ACTIVITY, A CONTRIBUTION TO THE CREDIT UNION LEGISLATIVE ACTION FUND. 0 1 X 779469 779469 12957821 1888652 11069169 2910313 1524235 1386078 8920348 6633430 2286918 15521634 MEMBER SHARE & SAVINGS ACCOUNTS 745760071 745760071 PART IV, LINE 2B: THE CREDIT UNION MAINTAINS ESCROW, TAXES AND INSURANCE AS PART OF THE LOAN PROGRAM. X 1 1 X X X 1 1 0 SETH SCHAEFER PRESIDENT/CEO 262735 0 40658 0 6000 0 11000 0 6685 0 327078 0 0 0 SCOTT BURGESS FORMER EMERITUS PRESIDENT/CEO 401945 0 88046 0 12000 0 11000 0 6982 0 519973 0 0 0 NICK HODSON FORMER CHIEF FINANCIAL OFFICER 145624 0 38624 0 0 0 5456 0 5014 0 194718 0 0 0 ROBERT MILLS FORMER CHIEF TECHNOLOGY OFFICER 114738 0 32917 0 115812 0 5558 0 4457 0 273482 0 0 0 CORI POLAND CHIEF EXPERIENCE OFFICER 148628 0 20064 0 0 0 5690 0 6685 0 181067 0 0 0 BRIAN GRIFFIS CHIEF FINANCIAL OFFICER 154354 0 20786 0 0 0 977 0 6685 0 182802 0 0 0 DAVID NOBLE SENIOR VICE PRESIDENT OF MARKETIN 154391 0 25049 0 0 0 6443 0 6982 0 192865 0 0 0 JACQUELINE HENDERSON FORMER VICE PRESIDENT OF HUMAN RE 157966 0 27043 0 0 0 7592 0 6685 0 199286 0 0 0 VICTORIA KING VICE PRESIDENT BUSINESS SERVICES & M 128000 0 20062 0 0 0 5927 0 6685 0 160674 0 0 0 PETRO VERZOSA APPLICATIONS MANAGER 66112 0 4953 0 76059 0 2894 0 3491 0 153509 0 0 0 SHARON PASERO VICE PRESIDENT RISK MANAGEMENT 120912 0 19582 0 0 0 5700 0 6685 0 152879 0 0 0 RANDY BRESEE VICE PRESIDENT MEMBER EXPERIENCE 119271 0 19582 0 0 0 5722 0 6982 0 151557 0 0 0 PART I, LINE 1A BOARD AND MANAGEMENT OCCASIONALLY BRING SPOUSES ON CONFERENCE TRIPS. THIS WAS INCLUDED IN TOTAL COMPENSATION. PART I, LINE 1B SCOTT BURGESS, CEO EMERITUS, HAS EARNED $553,766 FOR HIS SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN AS OF 12/31/2018. TOTAL CONTRIBUTIONS OF $137,861 AND TOTAL DISTRIBUTIONS OF $0 WERE ISSUED TO THE PLAN DURING 2018. PART I, LINES 4A-B ROBERT MILLS RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $115,812 DURING 2018. FORM 990, PART VI, SECTION A, LINE 6 RIVERMARK COMMUNITY CREDIT UNION HAD 88,586 MEMBERS AT 12/31/18. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION'S GOVERNING BODY IS SELECTED FROM AMONG MEMBERSHIP AND IS VOTED ON BY ALL ELIGIBLE MEMBERS OVER THE AGE OF 18. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CREDIT UNION'S CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER AND IS ALSO PREPARED BY A THIRD PARTY ACCOUNTING FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS A POLICY TITLED "CODE OF ETHICS AND STANDARDS OF BUSINESS CONDUCT OF BOARD OF DIRECTORS, SUPERVISORY COMMITTEE, BOARD COMMITTEES AND OFFICIALS OF RIVERMARK COMMUNITY CREDIT UNION." VOLUNTEERS OF THE CREDIT UNION REVIEW AND APPROVE THIS POLICY ON AN ANNUAL BASIS. THE VOLUNTEERS MUST NOTIFY THE BOARD CHAIRMAN IF THEIR STATUS CHANGES AND THEY NO LONGER MEET THE QUALIFICATIONS FOR THE SEAT THEY OCCUPY. CONDUCT NOT IN ACCORDANCE WITH THIS POLICY SHALL CONSTITUTE GROUNDS FOR DISQUALIFICATION TO SERVE, DISCIPLINARY ACTION, OR SUSPENSION OR REMOVAL AS PERMITTED BY LAW. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. IN PREPARATION FOR THE REVIEW, THE VP OF HUMAN RESOURCES PROVIDES REPORT DATA FROM A PROFESSIONAL COMPENSATION FIRM THAT PROVIDES COMPENSATION DATA FOR ALL EMPLOYEE LEVELS. IN ADDITION, A SEPARATE CEO SALARY REPORT IS REQUESTED TO USE FOR COMPARABILITY PURPOSES. THE BOARD OF DIRECTORS REVIEWS THIS INFORMATION WHEN MAKING THE RECOMMENDATION FOR AN ANNUAL SALARY. BONUS COMPENSATION, IF ANY IS GIVEN, IS DIRECTLY TIED TO ACHIEVEMENT OF SPECIFIC CREDIT UNION AND INDIVIDUAL GOALS. THIS PROCESS IS COMPLETED ANNUALLY: IT WAS LAST DONE JUNE 2018. FORM 990, PART VI, SECTION C, LINE 18 THROUGH THE ANNUAL MEETING OF THE CREDIT UNION MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AS WELL AS GOVERNING AND CONFLICT OF INTEREST POLICY DOCUMENTS ARE AVAILABLE UPON REQUEST. RIVERMARK INSURANCE AGENCY LLC 8505 SW CREEKSIDE PLACE BEAVERTON OR 97008 462978707 INSURANCE AGENCY OR 211157 233571 RIVERMARK COMMUNITY CREDIT UNION