2018-11-13T18:11:23-06:00 2017-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2017-01-01 930496543 CENTRAL WILLAMETTE COMMUNITY CREDIT UNION CENT 5419176801 PO BOX 1899 ALBANY OR 97321 STACIE WYSS-SCHOENBORN PRESIDENT/CEO 5419176801 2018-11-09 1 WENDY L CAMPOS P00448102 5032421447 2018-11-09 12.129.7.100 2018-11-09 12:33:30 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E5FA0928A2FC35F014850BBF8B7653D327C9AB0B 2017 2019-02-21 02:37:17Z STACIE WYSS-SCHOENBORN PO BOX 1899 ALBANY OR 97321 14660941 0 X WWW.CENTRALWCU.ORG X 1955 OR TO PROVIDE FINANCIAL PRODUCTS AND SERVICES TO OUR MEMBERSHIP. 9 9 115 15 354454 -345961 0 0 12108359 13556730 429171 604961 432716 499250 12970246 14660941 13320 6225 0 0 5170544 5792218 0 0 0 5405471 6382513 10589335 12180956 2380911 2479985 260127406 283827303 235804440 257037395 24322966 26789908 X TO PROVIDE RESPONSIBLE, ATTRACTIVE SAVINGS AND LOAN PROGRAMS AND OTHER SERVICES COMMON TO THE FINANCIAL WELFARE OF ITS MEMBERS. TO CONDUCT THE SERVICES IN A PROFESSIONAL, PERSONAL, EFFICIENT, AND COMPETITIVE MANNER CONSISTENT WITH SOUND FINANCIAL AND BUSINESS PRACTICE. 0 1 CENTRAL WILLAMETTE COMMUNITY CREDIT UNION SERVICES 28,244 MEMBERS OF OUR COMMUNITY WITH DIVERSE FINANCIAL PRODUCTS AND SERVICES. DURING THE YEAR WE GRANTED A TOTAL OF 6,159 LOANS WORTH $113,668,553 TO OUR MEMBERS. WE HAVE A TOTAL LOAN PORTFOLIO OF 16,478 LOANS WORTH $231,188,604. THE CREDIT UNION MAINTAINS 49,914 ACCOUNTS FOR OUR MEMBERS WORTH $244,265,393. THE CREDIT UNION EMPLOYS 81 INDIVIDUALS FROM OUR COMMUNITY. 0 0 0 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 5536 0 1 115 1 1 1 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 HOLLY HOOD 5419176839 7101 SUPRA DR SW ALBANY OR 97321 JIM HEALY CHAIRMAN 3.00 X X 0 0 0 JAMES DENHAM VICE CHAIRMAN 2.00 X X 0 0 0 DAN BEDORE SECRETARY 2.00 X X 0 0 0 FORREST BARNES DIRECTOR 2.00 X 0 0 0 TOM CUTSFORTH DIRECTOR 2.00 X 0 0 0 LEN HAINZ DIRECTOR 2.00 X 0 0 0 MARTHA LYON DIRECTOR 2.00 X 0 0 0 CAROLINA MARQUETTE DIRECTOR 2.00 X 0 0 0 BRIAN ROWSON DIRECTOR 2.00 X 0 0 0 STACIE WYSS-SCHOENBORN CEO 50.00 X 273265 0 84534 GREG BRUNS CFO 50.00 X 137460 0 12244 RACHEL WOLFE COO 50.00 X 126071 0 12231 AMANDA LUNGER CMO 50.00 X 114034 0 11296 GRADY CORR CIO 50.00 X 102645 0 7116 AUDREY STEPHENS VICE PRESIDENT - BRANCH SE 50.00 X 102082 0 10712 BRIAN BLAIR SENIOR IT SYSTEMS ENGINEER 50.00 X 103954 0 11275 959511 0 149408 8 0 1 0 VANTIV HOLDINGS LLC 38 FOUNTAIN SQUARE PLAZA CINCINNATI OH 45202 DEBIT/ATM PROCESSING 781713 Q2 EBANKING PO BOX 205970 DALLAS TX 95320 ONLINE AND MOBILE BANKING SERVICE 435706 CORELATION 2305 HISTORIC DECATUS RD SUITE 300 SAN DIEGO CA 92106 CORE BANKING SERVICE-NEW 390251 FISERVE PO BOX 99924 GRAPEVINE TX 76099 CORE BANKING SERVICE-OLD 154084 DIAMOND MARKETING 1318 MOMEMTUM PLACE CHICAGO IL 60689 MARKETING CONSULTANT 130113 6 INTEREST ON LOANS 522100 9484656 9484656 SERVICE CHARGES AND GE 522100 2177523 2152815 24708 OTHER OPERATING INCOME 522100 1894551 1596130 298421 13556730 424589 424589 5660 0 5660 5660 5660 3612 176760 0 0 3612 176760 180372 180372 OTHER NONOPERATING INC 900099 493590 462265 31325 493590 14660941 13695866 354454 610621 6225 507504 4252750 19922 597860 414182 -17677 126056 294365 264694 562781 396168 476294 87899 367568 524578 90743 PROVISION FOR LOAN LOSS 1292841 ATM SERVICING 993453 LOAN SERVICING 601396 ASSOCATION DUES 57901 263453 12180956 2630718 2910352 32319403 23494404 196226781 229798647 581701 408443 17365355 8039177 9023836 9326178 15374943 7203490 934892 7071871 3035132 3613918 260127406 283827303 2121993 12772002 51271 58782 233631176 244206611 235804440 257037395 X 0 0 0 0 24322966 26789908 24322966 26789908 260127406 283827303 2479985 -13043 0 X X 0 0 0 0 1 X 1817584 1817584 9609698 3671464 5938234 1627147 514842 1112305 4310926 3852871 458055 9326178 MEMBERS' SHARES 244206611 244206611 PART IV, LINE 2B: ESCROW ACCOUNTS FOR MEMBER MORTGAGE LOANS. X X X 0 1 0 STACIE WYSS-SCHOENBORN CEO 229710 0 43054 0 501 0 77253 0 7281 0 357799 0 0 0 PART I, LINE 4B FOR THE TAX YEAR ENDED 12/31/17, CONTRIBUTIONS TOTALING $70,487 WERE MADE TO AN IRC SECTION 457(F) PLAN FOR THE BENEFIT OF STACIE WYSS-SHOENBORN, CEO. FORM 990, PART III, LINE 3 SOLD CUSO BOOK OF BUSINESS FOR HOME, LIFE, AND AUTO INSURANCE PRODUCTS. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH CREDIT UNION MEMBER HAS ONE VOTE TOWARDS THE ELECTION OF THE CREDIT UNION'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS MADE AVAILABLE FOR REVIEW BY THE BOARD AT REGULARLY SCHEDULED MEETINGS AFTER THE FORM IS FILED. THE CREDIT UNION'S CEO IS PROVIDED WITH A COPY OF FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EMPLOYEES MUST REVIEW THE CREDIT UNION'S CONFLICT OF INTEREST POLICY AND SIGN A STATEMENT THAT THEY HAVE READ THE POLICY. THE COMPLIANCE OFFICER OF THE CREDIT UNION CONDUCTS STAFF MEETINGS TO REVIEW THE POLICY AND ANSWER ANY QUESTIONS. THE COMPLIANCE OFFICER ALSO REVIEWS THE POLICY WITH THE BOARD OF DIRECTORS. EMPLOYEE AND DIRECTOR TRANSACTIONS ARE MONITORED BY THE CREDIT UNION'S INTERNAL AUDITOR FOR ANY POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED BY THE CREDIT UNION'S CEO REVIEW COMMITTEE. THE COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS. THE BOARD MAKES THE FINAL DETERMINATION. KEY EMPLOYEES HAVE THEIR COMPENSATION REVIEWED BY THE CEO. IN ALL CASES, INDUSTRY COMPENSATION SURVEYS AND LOCAL DATA ARE USED TO DETERMINE INDIVIDUAL AMOUNTS. THE CREDIT UNION ALSO HAS POLICIES IN THE EMPLOYEE MANUAL WHICH COVER COMPENSATION, PERFORMANCE REVIEWS AND INCENTIVES. CEO COMPENSATION WAS LAST REVIEWED DECEMBER 2016. KEY EMPLOYEE COMPENSATION ANALYSIS WAS LAST CONDUCTED IN JUNE 2016. FORM 990, PART VI, SECTION C, LINE 18 MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF EACH BRANCH OFFICE. OTHER GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IV, LINE 12A AND PART XII, LINE 2B: THE CREDIT UNION DOES RECEIVE CONSOLIDATED FINANCIAL STATEMENTS IN ACCORDANCE WITH GAAP, BUT IN COMPLIANCE WITH IRS INSTRUCTIONS, SINCE FORM 990 IS PREPARED ON A CALENDAR YEAR AND THE FINANCIAL STATEMENTS ARE AUDITED ON A FISCAL YEAR, THESE QUESTIONS MUST BE ANSWERED NO. CENTRAL WILLAMETTE SERVICE CORPORATION PO BOX 1899 ALBANY OR 97321 930996768 INSURANCE OR 137270 0 CENTRAL WILLAMETTE COMMUNITY CREDIT UNION