2016-04-08T10:04:19-07:00 2015-12-31 990 2015-01-01 450226724 Capital Credit Union CAPI 7012550042 204 West Thayer Avenue Bismarck ND 585013772 Vance Reinbold Chief Financial Officer 7012550042 2016-03-21 2015 2016-09-27 15:27:22Z Debra Gallagher 204 West Thayer Avenue Bismarck ND 585013772 21324707 0 X www.capcu.org X Organization 1936 ND Members First. To be the best choice for financial services in our market. 9 9 168 9 82924 -30125 0 0 18074597 20267352 814376 579034 325831 431254 19214804 21277640 0 0 19842 10786 6654594 8171546 0 0 0 7782905 8663930 14457341 16846262 4757463 4431378 383263670 409996193 344721977 366907253 38541693 43088940 Members First. To be the best choice for financial services in our market. 0 0 0 0 0 Provide a variety of financial services to our members. Our Credit Union was serving 30,111 members as of December 31, 2015. Our program's objective is to be the best choice for financial services in our market. Our program offers our members a variety of products, including (but not limited to): loans, savings, certificates of deposit, card and digital services. 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 6873 0 1 168 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Capital Credit Union 7012550042 204 West Thayer Avenue Bismarck ND 585013772 Jay Buringrud Board Member 3 0 X 0 0 0 Shawn Deisz Board Member 3 0 X 0 0 0 Lance Gaebe Board Member 3 0 X 0 0 0 Ken Geiger Board Member 3 0 X 0 0 0 Michael Gunsch Board Member 3 0 X 0 0 0 Faye Miller Board Member 3 0 X 0 0 0 Kevin Schoenborn Board Member 3 0 X 0 0 0 Stephen Vaughan Board Member 3 0 X 0 0 0 Marnie Walth Board Member 3 0 X 0 0 0 Debra Gallagher CEO/President 40 0 X 368245 0 39624 Steve Davis Chief Lending Officer 40 0 X 192263 0 32734 Vance Reinbold Chief Financial Officer 40 0 X 163156 0 31762 Keith Mantz Chief Retail Officer 40 0 X 48555 0 476 Kurt Schmidt Vice President of Information Technology 40 0 X 134133 0 22855 Jim Schaefbauer Vice President of Member Services-East Region 40 0 X 116588 0 26222 Dustin Bitz Vice President of Member Services 40 0 X 114468 0 8947 Patrick Kellar Vice President of Marketing 40 0 X 108066 0 26324 Jon Griffin Vice President of Risk Management 40 0 X 103124 0 14417 Stephanie Honeyman Vice President of Retail Lending 40 0 X 58451 0 405 Scott Bullinger Mortgage Loan Officer 40 0 X 181712 0 33234 Myron Aune Business Services Manager 40 0 X 129154 0 24477 Shawn Cherney Controller 40 0 X 113124 0 16411 Paul Leier Business Services Officer 40 0 X 109910 0 27027 Aaron Wentz Mortgage Lending Officer 40 0 X 108772 0 12840 2049721 0 317755 13 0 1 0 CU Cooperative Systems Inc 9692 Haven Ave Rancho Cucamonga CA 91730 ATM/Debit Card Servicing 369809 D&H PO Box 535120 Atlanta GA 303535120 Financial Technologies 322671 Diebold PO Box 643543 Pittsburgh PA 152643543 Financial Security/Services 240041 H2M PO Box 2966 Fargo ND 581082966 Advertising 233554 Presort Plus PO Box 1555 Bismarck ND 585021555 Postage/Mailings 147142 7 0 0 0 0 0 0 0 0 Loan Interest Income 522130 14542801 14542801 0 0 Fees and Interchange Income 522130 4035982 3964107 71875 0 Mortgage Lending Fees 522130 1688569 1688569 0 0 0 0 0 0 20267352 564924 553875 11049 0 0 0 0 0 0 0 0 0 46018 0 25051 0 20967 0 20967 20967 0 0 11088 25038 0 22016 11088 3022 14110 14110 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 410287 410287 0 0 410287 21277640 21194716 82924 0 0 0 0 10786 1610815 0 4883421 255847 960624 460839 0 62509 47300 0 0 13614 0 586544 594786 594465 0 612588 13655 0 112392 894472 0 685061 98364 Card Services 1154355 Provision for Loan Losses 1668899 Loan Program Expenses 410383 1114543 16846262 0 0 0 3115872 3554140 29443678 30807132 0 0 660230 746674 3358560 3529556 0 0 305742774 333907326 0 0 395740 219374 17613960 9440868 8448129 8173092 2573193 3021649 24155818 19526327 3685780 3937315 0 0 1683896 2573608 383263670 409996193 3265152 3239514 0 0 0 0 0 0 380593 410144 0 0 0 0 0 341076232 363257595 344721977 366907253 X 0 0 0 0 38541693 43088940 38541693 43088940 383263670 409996193 4431378 115869 0 0 0 0 X 0 1 1 0 0 1 X 0 2093015 2093015 0 8161226 3927714 4233512 0 1085316 534434 550882 0 4079352 3167786 911566 0 2195051 1810934 384117 8173092 0 Member Shares 296512822 Member Savings & IRA Certificates 66744773 363257595 X Schedule D, Part IV, Line 2b Our organization must maintain escrow accounts for some of our members. Schedule D, Part X, Line 2 It is the opinion of the management that the Credit Union has no significant uncertain tax positions that would be subject to change upon examination. X 1 1 X X X 0 0 0 Debra Gallagher CEO/President 317682 0 49106 0 1457 0 0 0 39624 0 407869 0 0 0 Steve Davis Chief Lending Officer 147893 0 26293 0 18077 0 0 0 32734 0 224997 0 0 0 Vance Reinbold Chief Financial Officer 136823 0 25314 0 1019 0 0 0 31762 0 194918 0 0 0 Kurt Schmidt Vice President of Information Technology 118677 0 14984 0 472 0 0 0 22855 0 156988 0 0 0 Scott Bullinger Mortgage Loan Officer 36809 0 144528 0 375 0 0 0 33234 0 214946 0 0 0 Myron Aune Business Services Manager 97391 0 30389 0 1374 0 0 0 24477 0 153631 0 0 0 Schedule J, Part I, Line 1a The Credit Union will reimburse director's spouses for their travel in accordance with our policy. Debra Gallagher CEO Life Insurance X 3329985 3403076 0 1 1 Vance Reinbold CFO Life Insurance X 124000 126480 0 1 1 3529556 Greg Tschider Spouse of Officer 74582 Legal Services & Retainer 0 Form 990, Part VI, Section A, Line 6 The organization has members. Form 990, Part VI, Section A, Line 7a Our bylaws allow the members, who own the Credit Union, to elect the governing body at the Credit Union's annual meeting. Form 990, Part VI, Section A, Line 7b Each year a nominating committee, comprised of appointees by the Board Chair, submits a slate of candidates for the Board of Directors to the membership for election. If there are more candidates than open seats, the membership votes. Form 990, Part VI, Section B, Line 11b The Form 990 is completed by the accounting department and reviewed by the Chief Financial Officer and Controller. Form 990, Part VI, Section B, Line 12c Annually, the employees must sign a Code of Conduct form, which includes the Conflict of Interest Policy. Form 990, Part VI, Section B, Line 15 The Credit Union's Board of Directors determines the CEO's salary and all other employees' compensation based upon several factors, including comparable data. Form 990, Part VI, Section C, Line 19 The documents are available upon request by our members. CCU Financial Services LLC 204 West Thayer Avenue Bismarck ND 58501 203055779 Credit Union Service Organization ND 39394 80884 Capital Credit Union