2017-11-08T16:50:53-06:00 2016-12-31 450250958 EIDE BAILLY LLP 877 W MAIN ST STE 800 BOISE ID 83702 990 2016-01-01 930492535 OREGON COMMUNITY CREDIT UNION OREG 5416842347 2880 CHAD DRIVE EUGENE OR 97408 D AMANDA JONES CEO 5416842347 2017-11-07 1 KIM HUNWARDSEN CPA P00484560 2083447150 2017-11-07 199.116.169.43 2017-11-07 10:23:01 MS P 2D35AF16ECC84DDA7A98B01C4CD610F3CA25084E 4D92B9C285E2ACBECEA2F32A6258C5B2270183FD 2016 2021-01-29 14:40:06Z D AMANDA JONES 2880 CHAD DRIVE EUGENE OR 97408 74509676 0 X WWW.OREGONCOMMUNITYCU.ORG X 1956 OR TO ASSIST OUR MEMBERS IN MAKING BENEFICIAL LONG-TERM FINANCIAL DECISIONS. 7 7 379 0 980488 -321927 0 0 65698265 72446541 1990724 2063135 1995 0 67690984 74509676 0 0 0 0 22902457 25931714 0 0 0 34363343 38443718 57265800 64375432 10425184 10134244 1430858847 1581553833 1313200586 1453771369 117658261 127782464 THE PURPOSE OF OREGON COMMUNITY CREDIT UNION IS TO ASSIST OUR MEMBERS IN MAKING BENEFICIAL LONG-TERM FINANCIAL DECISIONS BY PROVIDING THEM WITH COMPETITIVE DEPOSIT AND LOAN PRODUCTS. 0 0 PROMOTING THE FINANCIAL WELLBEING AND THRIFT OF 138,840 MEMBERS DURING 2016 BY PROVIDING LOAN AND SAVING SERVICES AT COMPETITIVE RATES. 0 0 0 0 0 0 0 0 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 31708 0 1 379 1 1 1 0 0 0 0 0 X 7 7 0 0 1 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 1 0 X DAVE SCHIFFER DIRECTOR OF FINANCE 5416816062 2880 CHAD DRIVE EUGENE OR 97408 BEVERLY ANDERSON BOARD CHAIR 8.00 X X 3903 0 0 GENEVIEVE PARKER BOARD VICE CHAIR 8.00 X X 1950 0 0 JEANINE JENSEN SECRETARY 8.00 X X 3572 0 0 TOM LARSON DIRECTOR 8.00 X 1950 0 0 KC HUFFMAN DIRECTOR 8.00 X 3047 0 0 DOUG WILKINSON THRU 72016 DIRECTOR 8.00 X 2082 0 0 JEREMY GREEN DIRECTOR 8.00 X 1950 0 0 ABE KOSSOL THRU 042016 DIRECTOR 8.00 X 650 0 0 BILL INGE FROM 12016 DIRECTOR 8.00 X 3574 0 0 D AMANDA JONES CEO & TREASURER 40.00 X 852408 0 48243 RONALD NEUMANN CFO 40.00 X 268301 0 11176 DARRELL STARK CHIEF RETAIL OFFICER 40.00 X 201971 0 10293 DEBORAH MERSINO CHIEF MARKETING OFFICER 40.00 X 170614 0 21406 JERRY LIUDAHL CHIEF CREDIT OFFICER 40.00 X 227855 0 11168 CATHY STOPPEL SENIOR INVESTMENT ADVISOR 40.00 X 198339 0 2571 SCOTT ROOTS VP OF INVESTMENTS AND INSURANCE 40.00 X 503410 0 32765 AMY BRADLEY MORTGAGE LOAN OFFICER 40.00 X 202295 0 21338 RYAN LEW SENIOR INVESTMENT ADVISOR 40.00 X 203810 0 7876 2851681 0 166836 41 0 1 0 0 INTEREST ON LOANS/VISA 522100 47454021 47454021 VISA/ATM INTERCHANGE INCOME 525990 7873214 7800394 72820 FEES AND CHARGES 522100 7676728 7676728 CREDIT CARD INTERCHANGE INCOME 525990 910603 910603 CREDIT CARD SERVICES 522210 -362195 -1269863 907668 8894170 8894170 72446541 1266486 1266486 796649 0 796649 796649 796649 74509676 71466053 980488 2063135 1612100 18344464 1395650 2626284 1953216 93478 327394 3738578 2936341 1606614 2627543 1227282 319972 136786 2428441 224317 PROVISION FOR LOAN LOSS 7945022 DIVIDEND EXPENSE 6907099 LOAN SERVICING EXPENSE 5992051 BAD DEBT & OPERATING/FR 969312 963488 64375432 17275951 19573151 145214579 205986245 1724913 3615523 1185220370 1270612259 8386772 8787687 35006864 19014057 15345382 15992807 10352903 9534889 47337977 47451272 1430858847 1581553833 21567693 23018316 233804 156806 1291399089 1430596247 1313200586 1453771369 X 0 0 0 0 117658261 127782464 117658261 127782464 1430858847 1581553833 10134244 -10041 0 X X 0 0 0 3342575 3342575 12836081 3782968 9053113 1779747 1585408 194339 16753438 13458273 3295165 295023 187408 107615 15992807 POSTRETIREMENT BENEFITS 985000 MEMBER SHARES & SAVINGS 1429611247 1430596247 X X X X 0 1 0 D AMANDA JONES CEO & TREASURER 466312 0 348434 0 37662 0 38000 0 15253 0 905661 0 0 0 RONALD NEUMANN CFO 234961 0 17750 0 15590 0 0 0 11176 0 279477 0 0 0 DARRELL STARK CHIEF RETAIL OFFICER 181215 0 14012 0 6744 0 0 0 10293 0 212264 0 0 0 DEBORAH MERSINO CHIEF MARKETING OFFICER 150526 0 7871 0 12217 0 0 0 21406 0 192020 0 0 0 JERRY LIUDAHL CHIEF CREDIT OFFICER 205490 0 15535 0 6830 0 0 0 11168 0 239023 0 0 0 CATHY STOPPEL SENIOR INVESTMENT ADVISOR 34385 0 163110 0 844 0 0 0 2571 0 200910 0 0 0 SCOTT ROOTS VP OF INVESTMENTS AND INSURANCE 56131 0 443892 0 3387 0 18000 0 14765 0 536175 0 0 0 AMY BRADLEY MORTGAGE LOAN OFFICER -8931 0 210800 0 426 0 0 0 21338 0 223633 0 0 0 RYAN LEW SENIOR INVESTMENT ADVISOR 35956 0 167837 0 17 0 0 0 7876 0 211686 0 0 0 PART I, LINE 4B D AMANDA JONES, 457F PLAN - $20,000 FORM 990, PART VI, SECTION A, LINE 4 IN 2016, THE OREGON COMMUNITY CREDIT UNION BYLAWS WERE AMENDED TO INCLUDE A PROVISION ENABLING THE BOARD OF DIRECTORS TO RECEIVE REASONABLE COMPENSATION FOR SERVICES RENDERED TO THE CREDIT UNION IN THEIR CAPACITY AS DIRECTORS AND THE FIELD OF MEMBERSHIP WAS AMENDED TO INCLUDE MEMBERS OF THE BIMART FEDERAL CREDIT UNION AND BIMART MEMBERSHIP DISCOUNT STORE. FORM 990, PART VI, SECTION A, LINE 6 ANY INDIVIDUAL WITH AN ACCOUNT AT THE CREDIT UNION IS CONSIDERED A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A EACH PRIMARY MEMBER OF THE CREDIT UNION IS GIVEN ONE VOTE AND IS ABLE TO ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B MAJOR DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS, HOWEVER, DAY TO DAY DECISIONS ARE NOT SUBJECT TO MEMBER APPROVAL. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION FOR REVIEW PRIOR TO FILING; THE CEO AND CFO OF THE ORGANIZATION REVIEW THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY IN PLACE FOR BOTH THE COMPANY AND THE BOARD. EXPECTATIONS ARE CLEAR AT THE SENIOR MANAGEMENT LEVEL AND ARE COMMUNICATED DOWNWARD. THE ORGANIZATION HAS TRACKING PROCEDURES IN PLACE FOR POSSIBLE AND CONFIRMED CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST INVOLVING A BOARD MEMBER, THAT MEMBER WOULD BE REQUIRED TO ABSTAIN FROM VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 TOTAL COMPENSATION, INCLUDING BASE PAY, INCENTIVES AND OTHER BENEFITS, IS COMPARED AGAINST CUES EXECUTIVE COMPENSATION PROGRAM, MILLIMAN NW FINANCIAL INDUSTRY SURVEY RESULTS AND OTHER EXECUTIVE PUBLICATIONS/REPORTS. CEO COMPENSATION IS REVIEWED BY THE BOARD PERSONNEL COMMITTEE AND APPROVED BY THE FULL BOARD. COMPENSATION AMOUNTS ARE TRACKED FOR FUTURE REFERENCE. THE LAST FORMAL COMPENSATION COMPARISON REVIEW BY THE ORGANIZATION WAS PERFORMED IN 2016. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED ONLINE AND IN CREDIT UNION BRANCHES AND ARE AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART XII, LINE 2: THE CREDIT UNION IS GOVERNED BY THE NATIONAL CREDIT UNION ADMINISTRATION (NCUA). AS SUCH, REGULATORS REVIEW THE FINANCIAL TRANSACTIONS OF THE CREDIT UNION ON A CONSISTENT BASIS. IN ADDITION, THE CREDIT UNION MAINTAINS A SUPERVISORY COMMITTEE TO OVERSEE THE PERFORMANCE OF AN ANNUAL AUDIT OF THE STATEMENTS OF FINANCIAL CONDITION. THESE AUDITED STATEMENTS OF FINANCIAL CONDITION ARE PREPARED ON A SEPTEMBER 30TH YEAR END. OCCU CARD SERVICES LLC DBA CREDIT UNION SERVICE ORGANIZATION 2880 CHAD DRIVE EUGENE OR 97408 930492535 CREDIT CARD SERVICES OR -362606 14349264 OREGON COMMUNITY CREDIT UNION