2018-11-14T12:44:43-06:00 2017-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2017-01-01 310278870 WRIGHT-PATT CREDIT UNION INC % NADA DEBBAGHI WRIG 9379127000 3560 PENTAGON BLVD BEAVERCREEK OH 45431 DOUGLAS A FECHER PRESIDENT/CEO 9379127000 2018-11-15 true MICHAEL J SUMMERS P00838533 3173834000 2018-11-15 167.68.126.162 43033020183185000007 2018-11-14 P 16A11D687FF77742D2C3D2101FEF0404FF0F9330 044A2AED37EC84B6C9EB8C13C8A8970068B737BA 2017 2019-02-21 02:37:17Z DOUGLAS A FECHER 3560 PENTAGON BLVD BEAVERCREEK OH 454311706 239967043 false X WWW.WPCU.COOP X 1932 OH TO PROMOTE THRIFT SAVINGS, BORROWING AND FINANCIAL SERVICES AMONG ITS MEMBERS. 9 9 1002 15 22338002 -2265251 0 0 175859675 199604718 19772867 18002471 0 0 195632542 217607189 314038 337359 0 0 50023640 59434065 0 0 0 105795785 117999967 156133463 177771391 39499079 39835798 3459301179 4028113490 3053706615 3581961043 405594564 446152447 X THE ORGANIZATION'S MISSION IS TO HELP PEOPLE THROUGH LIFE WHICH INCLUDES: TO PROMOTE THRIFT AMONG ITS MEMBERS; TO ESTABLISH, ON A COOPERATIVE BASIS, FACILITIES FOR SAVINGS; TO PROVIDE CREDIT FOR PROVIDENT AND PRODUCTIVE PURPOSES; TO PROVIDE ASSISTANCE TO ITS MEMBERS FOR EFFECTIVE USE OF THEIR ASSETS AND RESOURCES; AND ALL ACTIVITIES NECESSARY AND INCIDENTAL THERETO. false false DIVIDENDS PAID TO MEMBERS ON APPROXIMATELY 742,000 DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 354,443 MEMBERS (DIVIDENDS $29,252,688; INCLUDING A SPECIAL PATRONAGE DIVIDEND OF $8,086,667). DIRECT LABOR AND EMPLOYEE BENEFITS COSTS INCURRED TO PROVIDE DEPOSIT SERVICES, ORIGINATE LOANS ($1.679 BILLION FOR 2017) AND SERVICE LOANS FOR MEMBERS TOTALED $60,531,647 BRANCH OFFICE OCCUPANCY AND OPERATIONS SERVICES 31 BRICK AND MORTAR BRANCHES PLUS A CALL CENTER PROVIDES PHYSICAL LOCATION FOR PERSON TO PERSON FINANCIAL SERVICES. false false false false false false false false false true true false false true false false true false false false false false false false false false true false true false true false false false false false false false false true false false false true 164560 0 true 1002 true true true false false false false false false false false false X 9 9 false false false false true true true true true false true true true true true true true true true true true true X NADA DEBBAGHI 9379127000 3560 PENTAGON BLVD BEAVERCREEK OH 454311706 EDWARD BLOMMEL CHAIRMAN (1/1-3/14) 2.0 0.0 X 0 0 0 JOSEPH LINSENMEYER CHAIRMAN (3/14 - 12/31) 2.0 0.0 X 0 0 0 JOSEPH MUCCI TREASURER 2.0 0.0 X 694 0 0 MICHAEL MCGRATH VICE CHAIRMAN 2.0 0.0 X 0 0 0 LEAH HANSEMAN SECRETARY 2.0 0.0 X 0 0 0 ROBERT SWEENEY ASSISTANT TREASURER 2.0 0.0 X 0 0 0 CHARLES SHOWELL DIRECTOR 2.0 0.0 X 623 0 0 ADAM SCHEETZ ASSISTANT SECRETARY 2.0 0.0 X 0 0 0 MARK THORNTON DIRECTOR 2.0 0.0 X 1729 0 0 CAROL Z CLARK DIRECTOR 2.0 0.0 X 0 0 0 JENNIFER OGDEN DIRECTOR, INTERNAL AUDITOR 40.0 0.0 X 123922 0 31212 TRACY SZARZI-FORS VP OF MKTG & BUS. DVLPMNT 40.0 0.0 X 184913 0 29895 AMY REILLY VP OF HUMAN RESOURCES 40.0 0.0 X 240647 0 25696 ERIC E BUGGER VP OF CONSUMER LENDING 40.0 0.0 X 271457 0 43103 SCOTT R EVERETT VP - MEMBER BUS. SVCS/GEN CNSL 40.0 0.0 X 276644 0 44990 ROSANNE SCHUTZMAN CHIEF INFORMATION OFFICER 40.0 0.0 X 293470 0 29665 DONALD MATTHEW DAVIDSON CHIEF FINANCIAL OFFICER 40.0 0.0 X 325041 0 45188 DARRICK J WEEKS CHIEF OPERATING OFFICER 40.0 0.0 X 342477 0 43608 TIMOTHY J MISLANSKY SR VP AND PRESIDENT OF MYCU 40.0 0.0 X 440670 0 45738 DOUGLAS A FECHER PRESIDENT & CEO 40.0 0.0 X 782246 0 40061 FREDERICK R LAYNE VP - MORTGAGE SERV (1/1-10/6) 40.0 0.0 X 163353 0 31946 STEVEN MARK SCHEID VP OF FINANCE, CUSO 40.0 0.0 X 219737 0 42670 TONYA COON VP OF CUSO OPERATIONS 40.0 0.0 X 251220 0 31995 STEVEN J HARRELL DIRECTOR, RETIREMENT SOLUTIONS 40.0 0.0 X 296747 0 23218 ANNETTE KINDEL OUTSIDE LOAN ORIGINATOR 40.0 0.0 X 179458 0 21947 JOSHUA MAYSE SENIOR FINANCIAL ADVISOR 40.0 0.0 X 207736 0 24786 FRANK PETRIE DIRECTOR, RETAIL MRTG ORIG. 40.0 0.0 X 298047 0 44011 JOHN SAGRAVES SENIOR FINANCIAL ADVISOR 40.0 0.0 X 229872 0 41637 5130703 0 641366 51 false true false ROUTE 66 EXTENDED WARRANTY PO Box 1075 MOUNTAIN HOME AR 726541075 CONTRACTOR 1060948 BRACKETT BUILDERS INC 185 MARYBILL DR TROY OH 45373 CONTRACTOR 2554187 DIGITAL INSIGHT 5601 LINDERO CANYON RD WESTLAKE VILLAGE CA 91362 CONTRACTOR 1884046 IDSCOM 747 EAST WHITCOMB AVENUE MADISON HEIGHTS MI 48071 CONTRACTOR 1419195 JACK HENRY AND ASSOCIATES 663 W Hwy 60 PO BOX 807 MONETT MO 657088215 CONTRACTOR 1215511 96 0 INTEREST - LOANS 522100 124391539 124391539 SERVICE & MEMBER FEES 522100 62145675 40231242 21914433 INT-INVEST SECURITIES 522100 12639739 12639739 UNRELATED PARTNERSHIP INCOME 900099 427765 427765 199604718 0 0 0 0 0 0 22046228 18316097 21978958 380896 67270 17935201 18002471 17935201 -4196 71466 0 0 0 0 0 0 0 0 0 0 217607189 195197721 22338002 71466 337359 0 0 0 4404610 0 39616581 3416635 8588391 3407848 0 163579 246000 0 0 204357 2225836 3330256 4880369 2343381 0 5384277 335273 0 68642 24747607 0 7537365 896752 BAD DEBT EXPENSE 21176522 LOAN SERVICING EXPENSE 15674580 OUTSIDE SERVICES 14733539 PATRONAGE DIVIDENDS 8086667 5964965 177771391 335412199 647815824 15700000 11900000 0 0 0 0 21288817 21869267 0 0 2573210405 2892101623 0 0 4671336 5481085 94443203 40203493 51467699 54239710 0 0 338426705 277567778 0 0 0 0 119124018 117138203 3459301179 4028113490 43370956 34681922 0 0 0 0 0 0 0 0 0 0 131757531 114477063 0 0 2878578128 3432802058 3053706615 3581961043 X 0 0 0 0 405594564 446152447 405594564 446152447 3459301179 4028113490 39835798 722085 X false true X true false 6189394 6189394 38843566 9767668 29075898 9454379 3676959 5777420 38969200 26758866 12210334 986664 986664 54239710 SECURITIES 277567778 F 277567778 0 MEMBERS' SHARE ACCOUNTS 3432802058 3432802058 218329274 722085 722085 217607189 217607189 177771391 177771391 177771391 SCHEDULE D, PART X FIN 48 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true WRIGHT STATE UNIVERSITY FOUNDATION 3640 COLONEL GLENN HWY DAYTON OH 45435 237019799 501(C)(3) 281600 GENERAL SUPPORT The Foodbank Inc 56 ARMOR PLACE DAYTON OH 45417 861082880 501(C)(3) 19993 GENERAL SUPPORT 2 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: WRIGHT-PATT CREDIT UNION, INC. PROVIDES GENERAL SUPPORT TO SECTION 501(C)(3) AND 501(C)(19) TAX EXEMPT ORGANIZATIONS AND VERIFIES THE ORGANIZATIONS STATUS USING THE GUIDESTAR WEBSITE. X X true true X X X true true false JENNIFER OGDEN DIRECTOR, INTERNAL AUDITOR 116034 0 3150 0 4738 0 10160 0 21052 0 155134 0 TRACY SZARZI-FORS VP OF MKTG & BUS. DVLPMNT 157165 0 20500 0 7248 0 13138 0 16757 0 214808 0 AMY REILLY VP OF HUMAN RESOURCES 199328 0 39300 0 2019 0 16594 0 9102 0 266343 0 ERIC E BUGGER VP OF CONSUMER LENDING 218669 0 32000 0 20788 0 21600 0 21503 0 314560 0 SCOTT R EVERETT VP - MEMBER BUS. SVCS/GEN CNSL 209060 0 39000 0 28584 0 21302 0 23688 0 321634 0 ROSANNE SCHUTZMAN CHIEF INFORMATION OFFICER 232874 0 40500 0 20096 0 20283 0 9382 0 323135 0 DONALD MATTHEW DAVIDSON CHIEF FINANCIAL OFFICER 242843 0 47600 0 34598 0 21600 0 23588 0 370229 0 DARRICK J WEEKS CHIEF OPERATING OFFICER 252594 0 60600 0 29283 0 21600 0 22008 0 386085 0 TIMOTHY J MISLANSKY SR VP AND PRESIDENT OF MYCU 332487 0 78300 0 29883 0 21600 0 24138 0 486408 0 DOUGLAS A FECHER PRESIDENT & CEO 593462 0 155000 0 33784 0 22572 0 17489 0 822307 0 STEVEN J HARRELL DIRECTOR, RETIREMENT SOLUTIONS 94532 0 199496 0 2719 0 18220 0 4998 0 319965 0 ANNETTE KINDEL OUTSIDE LOAN ORIGINATOR 43736 0 133370 0 2352 0 14376 0 7571 0 201405 0 JOSHUA MAYSE SENIOR FINANCIAL ADVISOR 260 0 206668 0 808 0 11745 0 13041 0 232522 0 FRANK PETRIE DIRECTOR, RETAIL MRTG ORIG. 93038 0 203977 0 1032 0 20180 0 23831 0 342058 0 JOHN SAGRAVES SENIOR FINANCIAL ADVISOR 0 0 228695 0 1177 0 18787 0 22850 0 271509 0 FREDERICK R LAYNE VP - MORTGAGE SERV (1/1-10/6) 125572 0 18800 0 18981 0 13254 0 18692 0 195299 0 STEVEN MARK SCHEID VP OF FINANCE, CUSO 178045 0 27500 0 14192 0 17767 0 24903 0 262407 0 TONYA COON VP OF CUSO OPERATIONS 217729 0 31600 0 1891 0 19906 0 12089 0 283215 0 SCHEDULE J, PART I, LINE 1A COMPENSATION BENEFITS RECEIVED: DOUG FECHER RECEIVES A GOLF MEMBERSHIP AND CERTAIN BOARD MEMBERS RECEIVE COMPANION TRAVEL. BOTH ARE INCLUDED IN TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENTS: FREDERICK R LAYNE RECEIVED A SEVERANCE PAYMENT WHICH IS INCLUDED WITH REPORTABLE COMPENSATION ON THE FORM 990, PART VII AND REPORTED AS OTHER REPORTABLE COMPENSATION ON SCHEDULE J, PART II. SCHEDULE J, PART I, LINE 4B PARTICIPATION IN SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: WRIGHT-PATT CREDIT UNION PARTICIPATES IN A 457(F) PLAN AND NO ADDITIONAL FUNDS WERE ADDED IN 2017. WRIGHT-PATT CREDIT UNION ALSO PARTICIPATES IN A SPLIT DOLLAR LIFE INSURANCE PLAN ON SEVERAL OFFICERS WHICH ARE REPORTED ON SCHEDULE L, PART II. THERE WAS NO TAXABLE COMPENSATION IN 2017. DONALD MATTHEW DAVIDSON CFO SPLIT DOLLAR LIFE IN X 4969101 5232591 false true true TIMOTHY MISLANSKY SVP/PRESIDENT MYCU SPLIT DOLLAR LIFE IN X 1771717 1861464 false true true DARRICK WEEKS COO SPLIT DOLLAR LIFE IN X 2018045 2108144 false true true DOUGLAS FECHER PRESIDENT/CEO SPLIT DOLLAR LIFE IN X 11941840 12667068 false true true 21869267 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS; MEMBERSHIP IS OPEN TO THOSE PERSONS, OR CORPORATIONS, UNINCORPORATED SOCIETIES OR ASSOCIATIONS, OR ANY OTHER ORGANIZATION OF INDIVIDUALS THAT MEET THE ELIGIBILITY REQUIREMENTS SET FORTH IN THE ARTICLES OF INCORPORATION, APPLY FOR MEMBERSHIP, AND ARE APPROVED FOR MEMBERSHIP IN A MANNER SPECIFIED BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY: THE BOARD OF DIRECTORS IS THE GOVERNING BODY AND CONSISTS OF 9 VOLUNTEER DIRECTORS. EACH YEAR THREE DIRECTORS WILL BE ELECTED BY THE MEMBERS TO REPLACE THE THREE DIRECTORS WHOSE TERMS ARE EXPIRING. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS RESERVED FOR MEMBERS: A MAJORITY OF MEMBERS ELIGIBLE TO VOTE WOULD BE REQUIRED FOR BUSINESS THAT WOULD AFFECT THE CONTINUATION OF THE CREDIT UNION FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: THE FORM 990 IS REVIEWED BY THE PRESIDENT AND CHIEF FINANCIAL OFFICER AND IS THEN PRESENTED TO THE BOARD OF DIRECTORS DURING A BOARD MEETING PRIOR TO BEING FILED. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: CONFLICT OF INTEREST QUESTIONNAIRES ARE ANNUALLY OBTAINED AND REVIEWED WITH ALL MEMBERS OF THE BOARD OF DIRECTORS, SENIOR EXECUTIVE MANAGEMENT, AND VICE PRESIDENTS. ALL PERSONS IN THESE JOB CLASSIFICATIONS ARE REQUIRED TO COMPLETE A DISCLOSURE FORM WITH REGARD TO ACCOUNTS HELD, ACTIVE LOANS, AND ANY ADDITIONAL OUTSIDE OCCUPATIONS. THESE DOCUMENTS ARE SUBMITTED FOR REVIEW. POLICY INCLUDES STEPS TO AVOID CONFLICT OF INTEREST AND IF CHANGES OCCUR REGARDING POTENTIAL CONFLICTS OF INTEREST, IT IS THE RESPONSIBILITY OF THE DIRECTOR, COMMITTEE MEMBER, OR EMPLOYEE TO REPORT SUCH CHANGES TO THE PROPER CHANNEL. FORM 990, PART VI, SECTION B, LINE 15A & 15B PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND OTHER OFFICERS: THE PROCESS FOR DETERMINING COMPENSATION WAS DONE USING COMPARABILITY DATA AND AN INTERNAL JOB EVALUATION COMMITTEE. THE SALARY OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER IS THEN APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION REVIEW FOR ALL CHIEF LEVEL POSITIONS WAS CONDUCTED IN 2015 BY HUMAN RESOURCES USING A THIRD PARTY CONSULTING SERVICE. ALL OTHER POSITIONS WERE REVIEWED IN MID-2016 USING THE SAME PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: ARTICLES OF INCORPORATION, CODE OF REGULATION AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. INTERNALLY PREPARED FINANCIAL STATEMENTS ARE POSTED MONTHLY IN THE BRANCHES. QUARTERLY REPORTS TO NCUA ARE AVAILABLE ON NCUA'S WEBSITE. AUDITED YEAR END FINANCIAL STATEMENTS ARE POSTED TO OUR COMPANY'S WEBSITE ALONG WITH THE ANNUAL REPORT. MYCUMORTGAGE LLC 3560 PENTAGON BLVD BEAVERCREEK OH 454311706 311690008 MRTG PROCESS OH 28033415 86080532 WRIGHT-PATT