2017-11-13T10:41:29-06:00 2016-12-31 910189318 Moss Adams LLP 805 SW Broadway Ste 1200 Portland OR 97205 990 2016-01-01 930496543 Central Willamette Community Credit Union CENT 5419176801 PO Box 1899 Albany OR 97321 STACIE WYSS-SCHOENBORN PRESIDENT/CEO 5419176801 2017-11-02 1 Wendy L Campos P00448102 5032421447 2017-11-01 12.129.7.100 2017-11-02 13:44:19 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 59F1A538AFF16333F506100D938A7F96F3A5584C 2016 2017-02-10 21:41:12Z STACIE WYSS-SCHOENBORN PO Box 1899 Albany OR 97321 13015246 0 X WWW.CENTRALWCU.ORG X 1955 OR TO PROVIDE FINANCIAL PRODUCTS AND SERVICES TO OUR MEMBERSHIP. 9 9 117 12 314904 -353298 0 0 10957569 12108359 390688 429171 1029482 432716 12377739 12970246 16877 13320 0 0 5260761 5170544 0 0 0 5428629 5405471 10706267 10589335 1671472 2380911 244147454 260127406 222274792 235804440 21872662 24322966 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 0 Central Willamette Community Credit Union services 26,322 members of our community with diverse financial products and services. During the year we granted a total of 5,096 loans worth $88,392,326 to our members. We have a total loan portfolio of 14,009 loans worth $197,561,976. The credit union maintains 47,533 accounts for our members worth $233,682,450. The credit union employs 80 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 5175 0 1 117 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 251744 0 15465 Greg Bruns CFO 50.00 X 66492 0 3486 Jeff Christman CFO (Until Sept 2016) 50.00 X 57479 0 5123 Rachel Wolfe COO 50.00 X 125638 0 11025 Amanda Lunger CMO 50.00 X 104532 0 4290 Grady Corr CIO 50.00 X 102661 0 6516 Audrey Stephens Vice President - Branch Services 50.00 X 101670 0 10013 Rebecca Tolentino Vice President - Real Estate 50.00 X 100262 0 10443 910478 0 66361 6 0 1 0 VANTIV HOLDINGS LLC 38 FOUNTAIN SQUARE PLAZA CINCINNATI OH 45202 DEBIT/ATM PROCESSING 663870 Q2 EBanking PO Box 205970 Dallas TX 95320 ONLINE AND MOBILE BANKING SERVICE 326244 Corelation 2305 Historic Decatur Rd Ste 300 San Diego CA 92106 Core banking service 320250 CAPPELLI MILES 2260 OAKMONT WAY 7 EUGENE OR 97401 MARKETING 191670 FISERVE PO Box 99924 Grapevine TX 76099 core banking service 181482 9 INTEREST ON LOANS 522100 8434714 8434714 SERVICE CHARGES AND GE 522100 2128961 2103291 25670 OTHER OPERATING INCOME 522100 1544684 1295091 249593 12108359 474171 474171 7587 0 7587 7587 7587 45000 -45000 -45000 -45000 OTHER NONOPERATING INC 900099 425129 385488 39641 425129 12970246 12218584 314904 436758 13320 399788 3959099 74256 382788 354613 86462 38180 262406 247745 573670 370489 480344 66690 371831 552409 80102 ATM Servicing 882330 PROVISION FOR LOAN LOSS 693791 loan SERVICING 423125 ASSOCATION DUES 45186 230711 10589335 3413659 2630718 37658054 32319403 175277390 196226781 477399 581701 16538963 7515127 8996709 9023836 14345679 15374943 1194674 934892 2783890 3035132 244147454 260127406 1692785 2121993 44971 51271 220537036 233631176 222274792 235804440 X 0 0 0 0 21872662 24322966 21872662 24322966 244147454 260127406 X 2380911 -27558 96951 X X 0 0 0 0 1 X 1817584 1817584 9609698 3368605 6241093 950776 513861 436915 4160905 3632661 528244 9023836 MEMBERS' SHARES 233631176 233631176 Part IV, Line 2b: ESCROW ACCOUNTS FOR MEMBER MORTGAGE LOANS. X X X 0 0 0 Stacie Wyss-Schoenborn CEO 211294 0 40000 0 450 0 8738 0 6727 0 267209 0 0 0 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 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 XI, line 9: passthrough income BOOK/TAX 96,951. 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 151088 344839 Central Willamette Community Credit Union