2016-06-22T15:49:09-05:00 2015-12-31 741650885 PADGETT STRATEMANN & CO LLP 811 BARTON SPRINGS ROAD SUITE 550 AUSTIN TX 78704 990 2015-01-01 750796472 FORT WORTH COMMUNITY CREDIT UNION FORT 8178355000 PO BOX 210848 BEDFORD TX 76095 RICHARD HOWDESHELL CEO 8178355000 2016-06-22 1 KEVIN FINCHER CPA P00291599 5124760717 2015 2016-09-27 15:27:22Z RICHARD HOWDESHELL PO BOX 210848 BEDFORD TX 76095 34419452 0 X WWW.FTWCCU.ORG X 1940 TX THRIFT SAVINGS AND BORROWING FOR MEMBERS. THE CREDIT UNION IS REGULATED BY THE STATE OF TEXAS. THE CREDIT UNION DEPARTMENT AS WELL AS THE NATIONAL CREDIT UNION ADMINISTRATION. THE CREDIT UNION OFFERS PRODUCTS AND SERVICES IN FOUR PRIMARY AREAS: SHARE ACCOUNTS, CHECKING ACCOUNTS, CONSUMER LOANS AND REAL ESTATE LOANS. 9 9 239 0 69679 -158011 0 0 32933365 31261732 205743 759505 161480 -56351 33300588 31964886 0 0 0 0 12735660 12700941 0 0 0 19554744 18305850 32290404 31006791 1010184 958095 815800970 838352253 739733921 761327109 76067049 77025144 X TO PROMOTE THRIFT SAVINGS AND BORROWING. 0 0 SHARE ACCOUNTS - OUR SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS QUARTERLY AND OFFER ACCESS THROUGH THE BRANCH NETWORK, HOME BANKING VIA THE INTERNET OR TELEPHONE AND ATM'S WORLDWIDE. SPECIAL SAVINGS ACCOUNTS DESIGNED FOR CHILDREN AND TEENAGERS ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS. CHECKING ACCOUNTS - OUR CHECKING ACCOUNTS PROVIDE VARIOUS FEATURES FOR CONSUMERS, FROM FREE ACCOUNTS TO THOSE WITH ENHANCED BENEFITS. MOST OFFER DIVIDENDS THAT ARE PAID MONTHLY. ADDITIONALLY, THE CREDIT UNION EXTENDS THE REACH OF THOSE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, INTERNET ACCOUNT ACCESS AND FREE USE OF THE INTERNET BILL PAYER PLATFORM. CONSUMER LOANS - OUR CONSUMER LOANS PROVIDE ALL TYPES OF LOANS. THE FOLLOWING TYPES OF LOANS ARE AVAILABLE: VEHICLES, RECREATIONAL VEHICLES, MORTGAGES, SIGNATURE, HOME EQUITY, CREDIT CARDS, SECURED LOANS, ETC. THE CREDIT UNION PROVIDES HOME EQUITY LOANS ALONG WITH MORTGAGE LOANS. 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 0 0 0 0 1 17767 0 1 239 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 0 0 0 1 1 0 0 X RICHARD HOWDESHELL 8178355000 1905 FOREST RIDGE DRIVE BEDFORD TX 76021 MARCELLA BANKS BOARD MEMBER-VICE-CHAIR 2.00 X X 0 0 0 HENRY CHRISTIANSEN BOARD MEMBER-SECRETARY-TREASURER 2.00 X X 5966 0 0 JANICE GRACZYK BOARD MEMBER 2.00 X 1250 0 0 NEAL OLIVER BOARD MEMBER 2.00 X 0 0 0 HERBERT SIMS BOARD MEMBER 2.00 X 0 0 0 STANLEY SPIVEY BOARD MEMBER 2.00 X 1035 0 0 TOM TIJERINA BOARD MEMBER 2.00 X 2165 0 0 LEIGHTON WATERS BOARD MEMBER-CHAIR 2.00 X X 2060 0 0 BENNIE CRUZ BOARD MEMBER 2.00 X 0 0 0 RICHARD HOWDESHELL PRESIDENT/CEO 40.00 X 418084 0 46662 MICHAEL FRANKO SR VP-FINANCE 40.00 X 208534 0 34569 KYLE KOKE SR VP-LENDING 40.00 X 192758 0 24834 DIANE DORSEY VP-OPERATIONS 40.00 X 170913 0 31732 ROCHELLE DRAKE VP-MARKETING 40.00 X 174117 0 19843 TAMMY TRUDELLE VP-HUMAN RESOURCES 40.00 X 180111 0 20519 MARC RHODES VP-SUPPORT SERVICES 40.00 X 180336 0 26323 CARL AUZENNE VP-INFORMATION SERVICES 40.00 X 160920 0 31062 JOHN BEARRIE INVESTMENT CONSULTANT 40.00 X 208695 0 33937 GRETCHEN MCGINNIS DIRECTOR OF INTERNAL AUDIT 40.00 X 126887 0 16631 GINDA ABRAHAM AVP-ACCOUNTING 40.00 X 117962 0 15697 VALERIE GROSSKURTH AVP-FINANCIAL SERVICES 40.00 X 102828 0 27178 2254621 0 328987 12 0 1 0 DIGITAL INSIGHTS PO BOX 515306 LOS ANGELES CA 90051 WEBSITE 1724563 MARCH BUILDERS 233 OAK STREET HIGHLAND VILLAGE TX 75077 CONTRACTOR FOR BUILDING 874488 VANTIV 8500 GOVERNORS HILLS DR SYMMES TOWNSHIP OH 45249 DEBIT/CREDIT CARD PROCESSOR 667192 FISERV PO BOX 99924 GRAPEVINE TX 760999724 SOFTWARE SERVICES 538413 LANVERA 112 WRANGLER DR STE 150 COPPELL TX 75019 MAIL PROCESSOR 443480 13 INTEREST ON LOANS 522100 23417704 23417704 LOAN FEE INCOME 522100 5343711 5343711 MEMBER FEES & CHARGES 522100 2500317 2430638 69679 31261732 712314 712314 350 350 2501757 2454566 47191 47191 47191 MISCELLANEOUS 522100 34347 34347 LOSS ON INVESTMENTS 522100 -91048 -91048 -56701 31964886 31135352 69679 759855 1834203 8040892 605206 1544215 676425 3906744 34704 412710 1127608 1871024 1186895 139280 3101562 1022064 246058 PROVISION FOR LOAN LOSS 2787000 LOAN SERVICING 1977216 MISCELLANEOUS EXPENSE 492985 31006791 3643339 4247230 95046248 68749231 1216172 1363230 672168110 619304166 1700023 1967591 34116485 11061055 21370139 23055430 12228826 112274686 8428113 7390689 815800970 838352253 7706557 8583890 732027364 752743219 739733921 761327109 X 0 0 0 0 76067049 77025144 76067049 77025144 815800970 838352253 958095 0 X X 0 1 X 1 0 7553105 7553105 18974254 4993629 13980625 357244 323450 33794 7156836 5683474 1473362 75046 60502 14544 23055430 MEMBER SHARES 752743219 752743219 PART XI AND XII: FINANCIAL STATEMENTS ARE CURRENTLY AUDITED THROUGH JUNE 30, 2015. X X 1 1 X X X X 0 0 0 RICHARD HOWDESHELL PRESIDENT/CEO 370799 0 28344 0 18941 0 26134 0 20528 0 464746 0 0 0 MICHAEL FRANKO SR VP-FINANCE 185965 0 13304 0 9265 0 14280 0 20289 0 243103 0 0 0 KYLE KOKE SR VP-LENDING 171402 0 14985 0 6371 0 12605 0 12229 0 217592 0 0 0 DIANE DORSEY VP-OPERATIONS 157609 0 12080 0 1224 0 11670 0 20062 0 202645 0 0 0 ROCHELLE DRAKE VP-MARKETING 159428 0 13257 0 1432 0 11478 0 8365 0 193960 0 0 0 TAMMY TRUDELLE VP-HUMAN RESOURCES 157644 0 12224 0 10243 0 11902 0 8617 0 200630 0 0 0 MARC RHODES VP-SUPPORT SERVICES 158578 0 12020 0 9738 0 12165 0 14158 0 206659 0 0 0 CARL AUZENNE VP-INFORMATION SERVICES 139148 0 11744 0 10028 0 11089 0 19973 0 191982 0 0 0 JOHN BEARRIE INVESTMENT CONSULTANT 198569 0 9268 0 858 0 13627 0 20310 0 242632 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS REVIEWED BY THE AVP OF ACCOUNTING AND THE CEO OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE CEO IS APPROVED BY THE BOARD AND A COMPENSATION COMMITTEE AND COMPENSATION SURVEY IS USED ALONG WITH A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION DISPLAYS CURRENT FINANCIALS STATEMENTS AT EACH BRANCH. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS APPOINTED BY THE BOARD OF DIRECTORS AND HAS THE RESPONSIBILITY FOR GENERAL OVERSIGHT OF THE INTERNAL AUDIT DEPARTMENT, AND HAS THE AUTHORITY TO ENGAGE AN ACCOUNTING FIRM TO CONDUCT THE ANNUAL AUDIT. THE CREDIT UNION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS.