2018-09-25T10:22:00-05:00 2017-12-31 431592217 J TENBRINK & ASSOCIATES 11272 S RIDGEVIEW RD OLATHE KS 66061 990 2017-01-01 480625190 AZURA CREDIT UNION AZUR 7852335556 610 SW 10TH AVENUE TOPEKA KS 666121673 GREG WINKLER PRESIDENT/CEO 7852335556 2018-09-25 1 JERRY TENBRINK P00638199 9138946214 97.87.82.114 2018-09-25 10:21:42 CD P 8C7C43951168CF45788263B15885B9037C681A73 DF81630E7C01E54DA6D3CC5C7C1702BCCB5963A3 2017 2018-06-14 16:35:46Z GREG WINKLER 610 SW 10TH AVENUE TOPEKA KS 666121673 39499778 0 X WWW.AZURACU.COM X 1974 KS AZURA IS ENHANCING LIVES BY DELIVERING INNOVATIVE FINANCIAL SERVICE, EDUCATION, AND VALUE. 9 9 181 14 152810 -37675 0 0 15438416 20658554 2685672 2662133 132847 24066 18256935 23344753 1500 0 6500 0 6146550 8546653 0 0 0 9477358 11988115 15631908 20534768 2625027 2809985 473326741 477439542 425478253 426450429 47848488 50989113 X AZURA IS ENHANCING LIVES BY DELIVERING INNOVATIVE FINANCIAL SERVICE, EDUCATION, AND VALUE THROUGH PERSONAL AND COMMUNITY ENGAGEMENT. 1 0 PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 48,459 MEMBERS. PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2017, THERE WERE 26,936 LOANS TO MEMBERS OUTSTANDING TOTALING $315,798,845. PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $2,126,599 FOR THE YEAR. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 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 12707 0 1 181 1 1 1 0 0 0 0 0 X 9 9 0 0 1 0 1 1 1 1 1 0 1 1 1 1 0 1 1 1 1 1 1 1 X DAVID LINDERMAN 7852335556 610 SW 10TH AVENUE TOPEKA KS 666121673 JIM FROWNFELTER CHAIRMAN 2.00 X 0 0 0 BOBB COLLIE VICE CHAIRMAN 2.00 X 0 0 0 SHIRLEY MARTIN TREASURER 2.00 X 0 0 0 DONALD FRICK SECRETARY 2.00 X 0 0 0 ROBERT BALSTERS DIRECTOR 2.00 X 0 0 0 MARCIA DECHAND DIRECTOR 2.00 X 0 0 0 BRAD DEITER DIRECTOR 2.00 X 0 0 0 RANDY PACHOSA DIRECTOR 2.00 X 0 0 0 BRYAN VARGAS DIRECTOR 2.00 X 0 0 0 GREG WINKLER PRESIDENT/CEO (CURRENT) 40.00 X 251450 0 48542 RONALD BARON SVP-FINANCE & ACCOUNTING/CFO 40.00 X 139163 0 23642 LISA BROWN SVP-ADMINISTRATION/CAO 40.00 X 141391 0 24090 BRENTT MOON SVP-OPERATIONS & INFORMATION SYSTEMS/CIO 40.00 X 143444 0 22870 VICKIE HURT PRESIDENT/CEO (RETIRED) 40.00 X 626499 0 2115 JANICE DAVIS VP - LENDING 40.00 X 100859 0 32248 1402806 0 153507 6 0 1 0 0 INTEREST ON LOANS 522100 13293315 13293315 FEES & OTHER INCOME 522100 7216176 7212429 3747 NON-MEMBER ATM REVENUE 522100 118520 118520 WARRANTY SALES 522100 29123 29123 OTHER INSURANCE 522100 1420 1420 20658554 2630846 2630846 24066 24066 16184612 1700 16147598 7427 37014 -5727 31287 31287 23344753 23191943 152810 0 878160 6162944 303797 709015 492737 7872 176213 7000 223219 593435 2879909 597113 792320 61985 96148 2637 1473603 127159 MEMBER DIVIDENDS 2126599 PROVISION FOR LOAN LOSS 1442866 LOAN SERVICING 1277073 ASSOCIATION DUES 64013 38951 20534768 3332686 4142970 28821128 18729527 148337 191689 268264866 316777657 1458559 608283 16243775 6501416 9111787 9742359 152742924 118086484 9446454 9160573 473326741 477439542 5289879 7514475 420188374 418935954 425478253 426450429 X 0 0 0 0 47848488 50989113 47848488 50989113 473326741 477439542 X 2809985 100640 230000 X 0 1 X 1 0 2153879 2153879 9214541 2564076 6650465 533587 519174 14413 4341768 3418166 923602 9742359 HTM-FED AGENCY SEC 15500000 C SERP PLAN INVST-LIFE INS 5951189 C AFS-MORTGAGE BACKED SEC 73419029 F AFS-FED AGENCY SEC 1980000 F HTM-MORTGAGE BACKED SEC 17699403 C HTM-MUNICIPAL BONDS 1006027 C FHLB CLASS A STOCK 472800 C AFS-BANK NOTES 1979350 F MEMBERS MORT SVCS, LLC 71981 C CROCO CUSO, LLC 1005 C FHLB CLASS B STOCK 5700 C 118086484 MEMBER SHARE DEPOSITS 418935954 418935954 X 23344753 0 23344753 0 23344753 20534768 0 20534768 0 20534768 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(14) OF THE INTERNAL REVENUE CODE, EXCEPT FOR ANY UNRELATED BUSINESS INCOME TAX. THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC 740-10-25, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN, SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE CREDIT UNION MAY RECOGNIZE THE TAX BENEFITS FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING INTERIM PERIODS. THIS STANDARD DID NOT HAVE AN IMPACT ON THE FINANCIAL STATEMENTS, AND THE CREDIT UNION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. WITH FEW EXCEPTIONS, THE CREDIT UNION IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY AUTHORITIES FOR YEARS BEFORE 2014. X 1 0 X X X X X 0 1 0 GREG WINKLER PRESIDENT/CEO (CURRENT) 246283 0 4915 0 252 0 26130 0 22412 0 299992 0 0 0 RONALD BARON SVP-FINANCE & ACCOUNTING/CFO 138661 0 250 0 252 0 5960 0 17682 0 162805 0 0 0 LISA BROWN SVP-ADMINISTRATION/CAO 138354 0 2785 0 252 0 14077 0 10013 0 165481 0 0 0 BRENTT MOON SVP-OPERATIONS & INFORMATION SYSTEMS 140232 0 2960 0 252 0 11538 0 11332 0 166314 0 0 0 VICKIE HURT PRESIDENT/CEO (RETIRED) 20096 0 1296 0 605107 0 2019 0 96 0 628614 0 545046 0 PART I, LINE 1A THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR VICKIE HURT, PRESIDENT/CEO PROVIDES FOR ESTIMATED TAXES RELATED TO THE DISTRIBUTIONS. UPON HER RETIREMENT IN 2017, SHE BECAME FULLY VESTED IN THE PLAN AND THE TOTAL BENEFIT WAS GROSSED-UP TO INCLUDE ESTIMATED TAXES OF $182,950. PART I, LINE 3 THE PRESIDENT/CEO'S COMPENSATION IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, APPROVED BY THE FULL BOARD AND IS PURSUANT TO A WRITTEN EMPLOYMENT CONTRACT. PART I, LINE 4B THE CREDIT UNION MAINTAINS SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS TO PROVIDE CERTAIN RETIREMENT BENEFITS FOR TWO FORMER KEY EXECUTIVES. IN 2017, VICKIE HURT, PRESIDENT/CEO RETIRED AND BECAME FULLY VESTED AND THE TOTAL BENEFIT OF $375,000 AND RELATED ESTIMATED TAXES OF $182,950 WERE REPORTED AS WAGES ON HER 2017 FORM W-2. THE BENEFITS WILL BE PAID OUT OVER A TEN-YEAR PERIOD BEGINNING IN 2018. FORM 990, PART III, LINE 2 IN 2017, THE CREDIT UNION CONVERTED THE 10TH AVENUE LOCATION FROM A BRANCH TO THE CORPORATE OFFICE. IN ADDITION, MEMBER SERVICES WERE EXPANDED TO INCLUDE A REWARDS CREDIT CARD PROGRAM. FORM 990, PART VI, SECTION A, LINE 4 PURSUANT TO TERMS OF THE MERGER COMPLETED IN 2016, THE NUMBER OF BOARD MEMBERS WAS REDUCED TO 9 MEMBERS EFFECTIVE AT THE ANNUAL MEETING IN APRIL 2017. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN SIGNIFICANT CHANGES ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER, NO SUCH CHANGES WERE MADE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING DEPARTMENT PREPARES INFORMATION FOR THE FORM 990 AND THE CFO REVIEWS THAT INFORMATION PRIOR TO SUBMITTING IT TO THE OUTSIDE ACCOUNTING FIRM PREPARING THE RETURN. UPON COMPLETION, THE CFO, CEO, OR DESIGNEE REVIEWS THE RETURNS PRIOR TO FINAL BOARD APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C AN INTERNAL AUDIT AND COMPLIANCE STAFF MEMBER MONITORS CONFLICTS OF INTEREST FOR AREAS OF CONCERN. IN ADDITION, THERE IS A 1-800 HOTLINE WHERE CONCERNS CAN BE REPORTED ANONYMOUSLY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S COMPENSATION IS SET BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, APPROVED BY THE FULL BOARD AND IS PURSUANT TO A WRITTEN EMPLOYMENT CONTRACT. COMPENSATION FOR ALL OTHER EMPLOYEES IS BASED ON PERFORMANCE EVALUATIONS AND STANDING WITHIN THE APPLICABLE PAY SCALES. COMPEASE SOFTWARE IS USED IN THIS PROCESS. THIS PROVIDER PERFORMS ANNUAL MARKET RESEARCH TO ASSIST IN GRADING POSITIONS AND ENSURING COMPENSATION LEVELS ARE COMPETITIVE AND REASONABLE, WHILE ALSO HAVING INTERNAL EQUITY AS WELL AS OBJECTIVE AND CONSISTENT PAY PRACTICES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE PRESENTED AT THE ANNUAL MEETING AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES AND PROCEDURES ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT TO EQUITY ACQUIRED IN PRIOR MERGER 230,000. CROCO CUSO LLC 610 SW 10TH AVENUE TOPEKA KS 66612 920192646 CREDIT UNION SERVICE ORGANIZATION KS 0 1005