ROYAL CREDIT UNION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: ROYAL CREDIT UNION (EIN 39-6072970)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-13
IRS object ID: 201823179349307497
Schema version: 2017v2.3
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	2018-11-13T16:50:34-06:00	ReturnTs
Tax Period End	2017-12-31	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	PO BOX 217	AddressLine1Txt
City	AUSTIN	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55912	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-01-01	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	2018-11-02	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MARTY LIENAU	PreparerPersonNm
PTIN	P00001025	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	2018-11-02	IPDt
IP Tm	10:25:12	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	EEEA1E556E982604280D7ED484BC075E8DEB7A72	AtSubmissionCreationDeviceId
At Submission Filing Device Id	7F79EBEF70B52A6617C4AF05089A677303FDB297	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	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	$117,209,804	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.RCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
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	680	TotalEmployeeCnt
Total Volunteers	630	TotalVolunteersCnt
Total Gross UBI	$175,661	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$52,659	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$96,528,961	PYProgramServiceRevenueAmt
CY Program Service Revenue	$111,462,612	CYProgramServiceRevenueAmt
PY Investment Income	$2,941,941	PYInvestmentIncomeAmt
CY Investment Income	$4,331,754	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$99,470,902	PYTotalRevenueAmt
CY Total Revenue	$115,794,366	CYTotalRevenueAmt
PY Grants And Similar Paid	$1,426,615	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$589,290	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$10,598,083	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$14,039,418	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$34,544,049	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$38,871,235	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$32,950,833	PYOtherExpensesAmt
CY Other Expenses	$36,677,470	CYOtherExpensesAmt
PY Total Expenses	$79,519,580	PYTotalExpensesAmt
CY Total Expenses	$90,177,413	CYTotalExpensesAmt
PY Revenues Less Expenses	$19,951,322	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$25,616,953	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,025,441,909	TotalAssetsBOYAmt
Total Assets EOY	$2,211,060,527	TotalAssetsEOYAmt
Total Liabilities BOY	$1,813,851,175	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,973,852,838	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$211,590,734	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$237,207,689	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 39,593 LOANS DURING 2017. AS OF 12/31/17, WE HAD 23,851 MORTGAGES/HOME EQUITY, 103,010 CONSUMER LOANS AND 2,601 MEMBER BUSINESS LOANS. WE ALSO HAD 52,204 CREDIT CARD ACCOUNTS WITH OUR MEMBERS AT 12/31/17.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	WE HAVE DEPOSIT, TRANSACTION, AND INVESTMENT ACCOUNTS WITH 194,398 MEMBERS AT 12/31/17. DURING 2017, WE OPENED 48,879 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	51942	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	680	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
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)	$30,000	$0	$0
JENNIFER MCDONOUGH
SECRETARY	10.00	Yes (X)	Yes (X)	$18,075	$0	$0
JOHN SACKETT
TREASURER	10.00	Yes (X)	Yes (X)	$23,700	$0	$0
NANCY BELTZ
DIRECTOR	10.00	Yes (X)		$13,925	$0	$0
STUART SCHAEFER
DIRECTOR	10.00	Yes (X)		$12,925	$0	$0
THOMAS HUFFCUTT
VICE CHAIRMAN	10.00	Yes (X)	Yes (X)	$14,900	$0	$0
WILLIAM BLACKBURN
DIRECTOR	10.00	Yes (X)	Yes (X)	$14,900	$0	$0
AMY FORCIER-PABST
EVP-MEMBER EXPERIENCE	40.00		Yes (X)	$211,503	$0	$27,243
BRANDON RIECHERS
CEO/PRESIDENT	40.00		Yes (X)	$405,279	$0	$18,491
JAN JOHNSON
EVP-ORGANIZATIONAL AGILITY	40.00		Yes (X)	$306,556	$0	$15,614
JON HEHLI
EVP-CFO	40.00		Yes (X)	$356,387	$0	$27,333
PETER NOHELTY
EVP-CHIEF TECHNOLOGY OFFIC	40.00		Yes (X)	$267,135	$0	$31,782
RANDY BECK
CEO/PRESIDENT	40.00		Yes (X)	$395,959	$0	$18,436
RODOLFO PEREIRA
CEO/PRESIDENT	40.00		Yes (X)	$457,381	$0	$24,402
DAVID THOE
VP-BUSINESS LENDING MANAGE	40.00			$217,575	$0	$27,987	Yes (X)
JARED JOHNSON
MORTGAGE LOAN OFFICER	40.00			$246,952	$0	$12,592	Yes (X)
JEFFREY SPROUL
MORTGAGE LOAN OFFICER	40.00			$232,064	$0	$8,931	Yes (X)
MARK ERICKSON
MORTGAGE LOAN OFFICER	40.00			$233,718	$0	$14,301	Yes (X)
VICKI HOEHN
VP-COMMUNITY ENGAGEMENT	40.00			$318,690	$0	$26,580	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,777,624	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$253,692	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/MEDIA BUYIN	$811,452
WELD RILEY S C
3624 OAKWOOD HILLS PARKWAY PO BOX	EAU CLAIRE	WI	547021030	LEGAL	$291,668
THILLENS INC
4242 N ELSTON AVENUE	CHICAGO	IL	60618	CORPORATE COURIER	$268,204
SERVICE SOLUTIONS INC
161 BUSINESS PARK CIRCLE	STOUGHTON	WI	53589	ATM MAINTENANCE	$255,218
RUDERWARE LLSC
PO BOX 8050	WAUSAU	WI	54402	LEGAL	$173,571

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	13	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
LOAN INTEREST	522100	$74,787,259	$74,787,259
OTHER OPERATING INCOME	522100	$23,303,362	$23,303,362
SERVICE CHARGES & FEE INCOME	522100	$13,371,991	$13,196,330	$175,661

Field	Value	IRS element (for citing)
Total Program Service Revenue	$111,462,612	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,664,405	TotalRevenueColumnAmt
Exclusion	$4,664,405	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$1,082,787	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$1,415,438	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$332,651	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$332,651	TotalRevenueColumnAmt
Exclusion	-$332,651	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$115,794,366	TotalRevenueColumnAmt
Related Or Exempt Func Income	$111,286,951	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$175,661	UnrelatedBusinessRevenueAmt
Exclusion	$4,331,754	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$589,290	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$14,039,418	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,691,926	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$27,166,893	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,403,921	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$5,276,533	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,331,962	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$510,223	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,657,724	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$12,446,517	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,020,495	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$386,134	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$383,866	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,802,953	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
LOAN SERVICING	$7,419,919
MISCELLANEOUS OPERATING	$4,248,642
PROVISION FOR LOAN LOSS	$3,618,707
OPERATING FEES	$182,290

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$90,177,413	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$161,996,406	BOYAmt
EOY	$101,435,946	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$18,164,621	BOYAmt
EOY	$14,427,265	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$22,223,329	BOYAmt
EOY	$29,003,506	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,681,833,954	BOYAmt
EOY	$1,900,408,118	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$7,659,261	BOYAmt
EOY	$3,229,769	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$81,936,377	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$44,286,891	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$40,434,582	BOYAmt
EOY	$37,649,486	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$7,006,506	BOYAmt
EOY	$31,829,063	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$22,786,777	BOYAmt
EOY	$29,152,419	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$12,698,391	BOYAmt
EOY	$12,236,450	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$50,638,082	BOYAmt
EOY	$51,688,505	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,025,441,909	BOYAmt
EOY	$2,211,060,527	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$46,869,536	BOYAmt
EOY	$46,302,451	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$20,028	BOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,766,961,611	BOYAmt
EOY	$1,927,550,387	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,813,851,175	BOYAmt
EOY	$1,973,852,838	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	$211,590,734	BOYAmt
EOY	$237,207,689	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$211,590,734	BOYAmt
EOY	$237,207,689	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,025,441,909	BOYAmt
EOY	$2,211,060,527	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$25,616,953	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$2	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	$6,935,464	OtherCostOrOtherBasisAmt
Book Value	$6,935,464	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$41,961,177	OtherCostOrOtherBasisAmt
Depreciation	$15,289,601	DepreciationAmt
Book Value	$26,671,576	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,044,599	OtherCostOrOtherBasisAmt
Depreciation	$911,204	DepreciationAmt
Book Value	$133,395	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$31,381,151	OtherCostOrOtherBasisAmt
Depreciation	$27,635,724	DepreciationAmt
Book Value	$3,745,427	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$613,986	OtherCostOrOtherBasisAmt
Depreciation	$450,362	DepreciationAmt
Book Value	$163,624	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$37,649,486	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBERS' SHARES	Desc
Amt	$1,927,550,387	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,927,550,387	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$113,152,096	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$113,152,096	RevenueSubtotalAmt
Other Revenues Not Included	$2,642,270	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$2,642,270	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$115,794,366	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$87,535,142	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$87,535,142	ExpensesSubtotalAmt
Other Expenses Not Included	$2,642,271	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$2,642,271	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$90,177,413	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:	GAIN/LOSS ON SALE OF ASSETS REPORTED IN REVENUE SECTION 409,582. INCOME FROM INVESTMENTS 2,232,688.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	NONINTEREST EXPENSE 2,642,270. ROUNDING 1.

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (8 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)	$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)	$18,000	ANNUAL SUPPORT/GIFT
UW-EAU CLAIRE FOUNDATION INC
105 GARFIELD AVE	EAU CLAIRE	WI	54701	390972350	501(C)(3)	$7,500	LOCAL BLUGOLD SCHOLARSHIP
CHIPPEWA VALLEY FREE CLINIC
836 RICHARD DR	EAU CLAIRE	WI	54701	391840231	501(C)(3)	$10,000	BUSINESS SPONSORSHIP
THE NATIONAL CREDIT UNION FOUNDATION
5710 MINERAL POINT RD	MADISON	WI	53705	391383650	501(C)(3)	$5,000	CORPORATE SPONSORSHIP
ST CROIX VALLEY FOUNDATION
516 SECOND STREET STE 214	HUDSON	WI	54016	411817315	501(C)(3)	$5,000	HUDSON FITNESS PARK
GOODWILL NCW-MIRACLE LEAGUE
1800 APPLETON RD	MENASHA	WI	54952	391144913	501(C)(3)	$5,000	FIELD SPONSORSHIP

Field	Value	IRS element (for citing)
Total501c3 Org	7	Total501c3OrgCnt
Total Other Org	1	TotalOtherOrgCnt

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	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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
AMY FORCIER-PABST
EVP-MEMBER EXPERIENCE	$160,862	$0	$47,471	$0	$3,170	$0	$9,062	$0	$18,181	$0	$238,746	$0	$0	$0
BRANDON RIECHERS
CEO/PRESIDENT	$331,050	$0	$73,929	$0	$300	$0	$17,627	$0	$864	$0	$423,770	$0	$0	$0
JAN JOHNSON
EVP-ORGANIZATIONAL AGILITY	$230,161	$0	$73,649	$0	$2,746	$0	$8,211	$0	$7,403	$0	$322,170	$0	$0	$0
JON HEHLI
EVP-CFO	$262,086	$0	$84,183	$0	$10,118	$0	$13,500	$0	$13,833	$0	$383,720	$0	$0	$0
PETER NOHELTY
EVP-CHIEF TECHNOLOGY OFFIC	$201,258	$0	$63,325	$0	$2,552	$0	$13,500	$0	$18,282	$0	$298,917	$0	$0	$0
RANDY BECK
CEO/PRESIDENT	$270,072	$0	$62,279	$0	$63,608	$0	$7,987	$0	$10,449	$0	$414,395	$0	$0	$0
RODOLFO PEREIRA
CEO/PRESIDENT	$169,290	$0	$199,768	$0	$88,323	$0	$18,000	$0	$6,402	$0	$481,783	$0	$0	$0
DAVID THOE
VP-BUSINESS LENDING MANAGE	$167,191	$0	$47,494	$0	$2,890	$0	$9,712	$0	$18,275	$0	$245,562	$0	$0	$0
JARED JOHNSON
MORTGAGE LOAN OFFICER	$201,137	$0	$44,714	$0	$1,101	$0	$11,756	$0	$836	$0	$259,544	$0	$0	$0
JEFFREY SPROUL
MORTGAGE LOAN OFFICER	$191,203	$0	$39,121	$0	$1,740	$0	$8,074	$0	$857	$0	$240,995	$0	$0	$0
MARK ERICKSON
MORTGAGE LOAN OFFICER	$193,493	$0	$39,755	$0	$470	$0	$7,333	$0	$6,968	$0	$248,019	$0	$0	$0
VICKI HOEHN
VP-COMMUNITY ENGAGEMENT	$148,924	$0	$36,763	$0	$133,003	$0	$9,138	$0	$17,442	$0	$345,270	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 4B	FormAndLineReferenceDesc
Explanation	BRANDON RIECHERS - PARTICIPATED IN 457-F PLAN, NO DISTRIBUTIONS, DEFERRED $4,127 VICKI HOEHN - PARTICIPATED IN 457-F PLAN, DISTRIBUTION OF $130,000, NO DEFERRRALS	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 UTILIZED VARIOUS MARKET SALARY SURVEYS AND AN OUTSIDE COMPENSATION CONSULTANT TO ASSIST THE TALENT SERVICES TEAM IN DETERMINING MARKET APPROPRIATE SALARY GRADES AND THE PLACEMENT OF POSITIONS INTO THEM. THE TALENT SERVICES TEAM THEN REVIEWED AND DETERMINED INDIVIDUAL COMPENSATION FOR TOP MANAGEMENT AND KEY EMPLOYEES WITHIN THOSE SALARY GRADES/RANGES IN ALIGNMENT TO OUR COMPENSATION PHILOSOPHY. THIS PROCESS WAS MOST RECENTLY COMPLETED IN 2016.
FORM 990, PART VI, SECTION C, LINE 19	ROYAL CREDIT UNION'S MONTHLY 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 2.
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	$466,434	InvolvedAmt
Method Of Amount Determination	FAIR MARKET VALUE	MethodOfAmountDeterminationTxt