2017-11-14T11:57:16-06:00 2016-12-31 382492570 DOEREN MAYHEW 305 WEST BIG BEAVER ROAD TROY MI 48084 990 2016-01-01 381524350 CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN 4 FRONT CREDIT UNION CRED 2319292000 3745 NORTH US 31 SOUTH TRAVERSE CITY MI 49684 ANDREW KEMPF PRESIDENT 2319292000 2017-11-14 1 ROBIN D HOAG CPA P00360662 2482443000 40.141.134.7 2017-11-14 12:55:45 ES P 062293E64DF58CF8D35332F263D6456F83B37FCF 062293E64DF58CF8D35332F263D6456F83B37FCF 2016 2017-02-10 21:41:12Z 4 FRONT CREDIT UNION ANDREW KEMPF 101 NORTH PARK STREET TRAVERSE CITY MI 49684 35577045 0 X WWW.4FRONTCU.COM X 1954 MI TO PROVIDE FINANCIAL SERVICES TO MEMBERS WITH A COMMON BOND. 11 11 221 11 155067 44853 0 0 20674842 23109460 1687405 1976455 130470 155067 22492717 25240982 0 0 0 0 8090256 8840652 0 0 0 12933578 12368243 21023834 21208895 1468883 4032087 426862483 458969484 380489183 408738972 46373300 50230512 TO PROVIDE FINANCIAL SERVICES TO MEMBERS WITH A COMMON BOND. 0 0 THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, CERTIFICATES OF DEPOSIT AND OTHERS. THE TOTAL NUMBER OF MEMBERS AT 12/31/16 WAS 68,416. THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, VEHICLE AND OTHER. THE TOTAL NUMBER OF LOANS OUTSTANDING AT 12/31/2016 WAS 35,668. 0 0 0 0 0 0 0 0 0 1 0 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 0 0 0 0 1 8764 0 1 221 1 1 1 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 0 1 1 1 0 X AMY E ESSEX 2315473943 101 NORTH PARK STREET TRAVERSE CITY MI 49684 MICHAEL SLATER CHAIRMAN 1.00 X 0 0 0 TODD ROHRBACK VICE CHAIRMAN 1.00 X 0 0 0 BRYAN LINDFORS SECRETARY 1.00 X 0 0 0 LARRY FAY TREASURER 1.00 X 0 0 0 BRIAN AUSDEMORE DIRECTOR 1.00 X 0 0 0 WALT COYLE DIRECTOR 1.00 X 0 0 0 JOHN ELZINGA DIRECTOR 1.00 X 0 0 0 CHARLES HAGUE DIRECTOR 1.00 X 0 0 0 PEGGY HAROLD DIRECTOR 1.00 X 0 0 0 JAMES HOFFMAN DIRECTOR 1.00 X 0 0 0 JULIE KOSLOSKEY DIRECTOR 1.00 X 0 0 0 SANDRA LEPAGE DIRECTOR 1.00 X 0 0 0 TOM WOLF DIRECTOR 1.00 X 0 0 0 DAVID LEUSINK CEO 40.00 X 219431 0 37614 ANDREW KEMPF PRESIDENT 40.00 X 172182 0 31937 DOUGLAS SEANEY VP - LENDING 40.00 X 110037 0 13433 501650 0 82984 3 0 1 0 BURDCO INCORPORATED 1222 VETERANS DR STE A TRAVERSE MI 49684 BUILDING CONTRACTORS 510921 Q2 SOFTWARE INC PO BOX 205970 DALLAS TX 75320 ONLINE BANKING 363874 IMAGE360 1702 BARLOW ST TRAVERSE CITY MI 49686 INTERIOR BRANDING/SIGNAGE 351661 IDSCOM 747 E WHITCOMB AVE MADISON HEIGHTS MI 48071 STATEMENTS/NOTICES/NEWSLETTERS 329714 FISERV INC 75 REMITTANCE DR STE 6959 CHICAGO IL 60675 DEBIT/CREDIT CARD PROCESSOR 291266 19 INTEREST ON LOANS 522100 15467780 15467780 OTHER PROG SERV REVENUE 522100 3856527 3856527 FEES & CHARGES 522100 3785153 3785153 23109460 1958740 1958740 9742890 610888 9722353 613710 20537 -2822 17715 17715 OTHER 525990 70951 70951 NONMEMBER ATM FEES 525990 64374 64374 INSURANCE REIMBURSEMENT 524298 19742 19742 155067 25240982 25068200 155067 17715 461164 6378807 547293 881458 571930 302413 57600 82948 594590 1931997 336649 929873 53497 64999 1030106 31356 1509096 199446 DEBIT/CREDIT EXPENSES 2011105 LOAN SERVICING 1205086 PROVISION FOR LOAN LOSS 882259 MAINTENANCE 700809 444414 21208895 7304066 5854196 10843707 -144494 716150 1458004 269373975 336270956 462164 452907 17430474 0 13915559 17430474 107833592 79714655 1565924 2975274 3005676 2671712 11841670 12285800 426862483 458969484 4327329 3816912 6562000 376161854 398360060 380489183 408738972 X 0 0 0 0 46373300 50230512 46373300 50230512 426862483 458969484 4032087 -174875 0 X X 0 1 X 1 0 4411048 4411048 9260976 9260976 3758450 3758450 17430474 REGULAR SHARES 141105942 CHECKING 83156055 MONEY MARKET SHARES 99141857 SHARE CERTIFICATES 38978101 IRA ACCOUNTS 25784260 ALL OTHER SHARES 10193845 398360060 X 25240982 0 25240982 0 25240982 21208895 0 21208895 0 21208895 PART X, LINE 2: THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)14), FROM FEDERAL AND STATE INCOME TAXES. X X X X 0 0 0 DAVID LEUSINK CEO 213022 0 2166 0 4243 0 24031 0 13583 0 257045 0 0 0 ANDREW KEMPF PRESIDENT 168903 0 0 0 3279 0 19147 0 12790 0 204119 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE AND VOTING. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE AND ELECT BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE TAX RETURNS AND FORWARDS U.S. FORM 8879-EO TO THE TAX PREPARER. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND PRESIDENT EACH RECEIVE A PERFORMANACE APPRAISAL FROM THE ENTIRE BOARD AND THEN THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION TO THE BOARD FOR COMPENSATION BASED ON RESULTS OF THE APPRAISAL AND WAGE RANGES ARE SET BASED ON COMPENSABLE FACTORS USING COMPEASE (A COMPANY THAT LOOKS AT NATIONAL, REGIONAL, STATE AND AREA COMPENSATION SURVEYS). FOR OTHER OFFICERS AND KEY EMPLOYEES - PERFORMANCE APPRAISALS ARE CONDUCTIED BY EITHER THE PRESIDENT OR THE CEO WITH COMPENSATION LEVELS ALSO SET USING COMPEASE. FORM 990, PART VI, SECTION C, LINE 19 MONTHLY FINANCIALS ARE AVAILABLE UPON REQUEST AT CREDIT UNION OFFICES. OTHER GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST AT 3963 W. ROYAL DRIVE, TRAVERSE CITY, MI. FORM 990, PART XII, LINE 2C: THE CREDIT UNION'S FINANCIAL STATEMENTS AUDIT IS PERFORMED BY INDEPENDENT ACCOUNTANTS FOR THE TWELVE-MONTHS ENDED MARCH 31. THERE ARE NO REVENUE/EXPENSE ITEMS THAT ARE INCLUDED IN THE AUDITED FINANCIAL THAT WOULDN'T BE REPORTED IN FORM 990. THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR.