2017-08-16T14:05:54-05:00 2016-12-31 381357951 PLANTE & MORAN PLLC 2601 Cambridge Ct Ste 500 Auburn Hills MI 48326 990 2016-01-01 381447620 COMMUNITY FINANCIAL CREDIT UNION COMM 7344531200 PO BOX 8050 PLYMOUTH MI 481708050 MARGARET PANKOW SENIOR VICE PRESIDENT/CFO 7344531200 2017-08-14 1 Lynne M Huismann P00053811 2483757100 2017-08-14 67.59.56.30 2017-08-14 17:10:00 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C3EE01AB0E15093E8109592E704D6522710D22E3 2016 2021-01-29 14:40:06Z WILLIAM LAWTON PO BOX 8050 PLYMOUTH MI 481708050 39182523 0 X www.cfcu.org X 2012 MI COMMUNITY FINANCIAL EXISTS SO CONSUMERS AND BUSINESSES IN OUR FIELD OF MEMBERSHIP CAN ENJOY SOUND FINANCIAL HEALTH, AND OUR COMMUNITIES ARE ENRICHED. 9 9 266 14 62620 36940 0 0 29979813 33156022 176604 330620 5210763 5695881 35367180 39182523 17000 20000 0 0 15122572 16909458 0 0 0 12113734 14628848 27253306 31558306 8113874 7624217 701971073 766064130 614222945 670714020 87748128 95350110 X COMMUNITY FINANCIAL CREDIT UNON IS A STATE CHARTERED, NOT-FOR-PROFIT, FULL-SERVICE FINANCIAL INSTITUTION OWNED AND GOVERNED BY ITS MEMBERSHIP. AT COMMUNITY FINANACIAL, WE ARE COMMITTED TO OUR MEMBERS AND OUR COMMUNITIES. FOR OVER 60 YEARS, WE'VE PROVIDED OUR MICHIGAN MEMBERS COMPETITIVELY-PRICED SAVINGS AND LOANS PRODUCTS, OUTSTANDING SERVICE AND SUPPORT TO THEIR NEIGHBORHOODS. 0 0 PROMOTE THRIFT TO 65,545 MEMBERS BY OFFERING LOANS, DEPOSITS, AND OTHER FINANCIAL PRODUCTS. 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13510 0 1 266 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 1 0 0 0 0 X MARGARET PANKOW 7345828820 PO BOX 8050 PLYMOUTH MI 481708050 DON BAIN SECRETARY/TREASURER 1.00 X 0 0 0 AL BERRIE BOARD MEMBER 1.00 X 0 0 0 TERESA FOLINO CHAIRPERSON 1.00 X 0 0 0 DAN HERRIMAN 1ST VICE CHAIRPERSON 1.00 X 0 0 0 MARK RIEGAL BOARD MEMBER 1.00 X 0 0 0 DEBBIE RONAYNE 2ND VICE CHAIRPERSON 1.00 X 0 0 0 ADI SATHI BOARD MEMBER 1.00 X 0 0 0 PAUL BEDICH BOARD MEMBER 1.00 X 0 0 0 RON METEYER BOARD MEMBER 1.00 X 0 0 0 WILLIAM LAWTON CEO 40.00 X 404641 0 48110 MARGARET PANKOW CFO 40.00 X 260354 0 21826 RANDY PENNER CHIEF MARKETING & SALES OF 40.00 X 223376 0 20036 CATHY MEYERS CHIEF HUMAN RESOURCES OFFI 40.00 X 188691 0 32490 ERIC ESSER CHIEF MORTGAGE OFFICER 40.00 X 175704 0 23192 JILL JOHNSON CHIEF LENDING OFFICER 40.00 X 192052 0 9492 ART BEARD CHIEF IT OFFICER 40.00 X 188001 0 15579 DIANE KENNY VP SALES 40.00 X 172385 0 7611 1805204 0 178336 8 0 1 0 TMG 1500 NW 118TH STREET DES MOINES IA 50325 CARD PROCESSOR 1154785 JACK HENRY & ASSOCIATION 663 W HWY 60 MONETT MO 65708 DATA PROCESSOR 633491 SHAW CONSTRUCTION AND MANAGEMENT COMPANY 13980 FARMINGTON RD LIVONIA MI 48154 CONSTRUCTION AND MAINTENANCE SERVICES 620817 IDSCOM 747 E WHITCOMB AVE MADISON HEIGHTS MI 48071 STATEMENT PROCESSING 303886 NYCE 400 PLAZA DR STE 200 SECAUCUS NJ 07094 ATM NETWORK 259996 17 MEMBER LOAN INCOME 522100 28460193 28460193 FEE INCOME 522100 4695829 4639525 56304 33156022 304797 304797 25823 0 25823 25823 25823 Interchange Income 900099 3525133 3525133 SALE OF LOANS 900099 1126801 1126801 Investment & INsurance Income 900099 664686 658370 6316 379261 379261 5695881 39182523 39119903 62620 0 20000 1983540 10241875 669957 2985266 1028820 73987 63567 595218 1544002 3066822 1321524 402467 2420983 22136 PROVISION EXPENSE 2574449 LENDING 1827763 DEBIT AND PLATINUM CARD 332207 NCUA FEES 145506 238217 31558306 4306004 4269261 643626063 710125080 24153864 11024013 12029134 13129851 35953327 32371838 6056545 6168100 701971073 766064130 10650587 10947392 1879103 2189186 601693255 657577442 614222945 670714020 X 0 0 0 0 87748128 95350110 87748128 95350110 701971073 766064130 7624217 -22235 0 X 0 0 0 0 1 X 2902759 2902759 14097584 4868241 9229343 7153521 6155772 997749 13129851 BORROWINGS 51000000 MEMBER SAVINGS 125322074 CHECKING 160431501 OTHER SAVINGS 33691235 MONEY MARKET 160107363 CERTIFICATES 127025269 657577442 Part IV, Line 2b: THE ORGANIZATION MAINTAINS MEMBERS SHARES ESCROWS AND FHLBI INVESTOR ESCROWS. 1 SCHOLARSHIPS 20 20000 Part I, Line 2: THE CREDIT UNION'S PROCEDURES FOR INSURING THE GRANT FUNDS ARE USED CONSISTENTLY WITH THE PURPOSE INCLUDE MAKING SCHOLARSHIP PAYMENTS DIRECTLY TO THE COLLEGE OR UNIVERSITY. X X 0 1 0 WILLIAM LAWTON CEO 304538 0 82500 0 17603 0 42000 0 6110 0 452751 0 0 0 MARGARET PANKOW CFO 216678 0 37495 0 6181 0 18000 0 3826 0 282180 0 0 0 RANDY PENNER CHIEF MARKETING & SALES OF 185081 0 32114 0 6181 0 18000 0 2036 0 243412 0 0 0 CATHY MEYERS CHIEF HUMAN RESOURCES OFFI 155529 0 26981 0 6181 0 27332 0 5158 0 221181 0 0 0 ERIC ESSER CHIEF MORTGAGE OFFICER 138108 0 31415 0 6181 0 19068 0 4124 0 198896 0 0 0 JILL JOHNSON CHIEF LENDING OFFICER 159281 0 26591 0 6180 0 4334 0 5158 0 201544 0 0 0 ART BEARD CHIEF IT OFFICER 155786 0 26035 0 6180 0 15579 0 0 0 203580 0 0 0 DIANE KENNY VP SALES 100325 0 72060 0 0 0 5575 0 2036 0 179996 0 0 0 Part I, Line 4b WILLIAM LAWTON CATHY MEYERS MARGARET PANKOW JILL JOHNSON RANDOLPH PENNER ERIC ESSER ART BEARD FORM 990, PART IV, LINE 11F: THE AUDITED FINANCIALS USE A REGULATORY YEAR END OF MARCH 31. AN AUDIT WILL NEXT BE PERFORMED FOR THE MARCH 31, 2017 YEAR END. Form 990, Part VI, Section A, line 6 EACH ACCOUNT HOLDER IS A MEMBER. Form 990, Part VI, Section A, line 7a THE MEMBERS VOTE ON CHARTER CHANGES. Form 990, Part VI, Section A, line 7b MEMBERS ELECT THE GOVERNING BODY. Form 990, Part VI, Section B, line 11b THE ELECTRONIC AND FINANCIAL SOLUTIONS MANAGER REVIEWS THE FORM 990 PRIOR TO FILING. Form 990, Part VI, Section C, line 19 THE FINANCIALS ARE POSTED IN EACH BRANCH OFFICE, UPDATED MONTHLY. THE GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC.