2016-08-15T12:38:43-05:00 2015-12-31 450250958 EIDE BAILLY LLP 877 W MAIN ST STE 800 BOISE ID 83702 990 2015-01-01 930492535 OREGON COMMUNITY CREDIT UNION OREG 5416842347 2880 CHAD DRIVE EUGENE OR 97408 D AMANDA JONES CEO 5416842347 2016-08-15 1 KIM HUNWARDSEN CPA P00484560 2083447150 2016-08-10 2015 2016-12-15 16:53:06Z D AMANDA JONES 2880 CHAD DRIVE EUGENE OR 97408 67738323 0 X WWW.OREGONCOMMUNITYCU.ORG X 1956 OR TO ASSIST OUR MEMBERS IN MAKING BENEFICIAL LONG-TERM FINANCIAL DECISIONS. 7 7 380 14 782956 -452510 0 0 58733450 65698265 1312802 1990724 0 1995 60046252 67690984 0 0 236 0 21086850 22902457 0 0 0 31356205 34363343 52443291 57265800 7602961 10425184 1274279479 1430858847 1167066863 1313200586 107212616 117658261 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 132,217 MEMBERS DURING 2015 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 38945 0 1 380 1 1 1 0 0 0 0 0 X 7 7 0 0 0 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 0 0 0 GENEVIEVE PARKER BOARD VICE CHAIR 8.00 X X 0 0 0 JEANINE WALLACE SECRETARY 8.00 X X 0 0 0 TOM LARSON DIRECTOR 8.00 X 0 0 0 KC HUFFMAN DIRECTOR 8.00 X 0 0 0 DOUG WILKINSON DIRECTOR 8.00 X 0 0 0 JEREMY GREEN DIRECTOR 8.00 X 0 0 0 ABE KOSSOL DIRECTOR 8.00 X 0 0 0 D AMANDA JONES CEO & TREASURER 40.00 X 784546 0 46868 RONALD NEUMANN CFO 40.00 X 234806 0 10977 DARRELL STARK CHIEF RETAIL OFFICER 40.00 X 189001 0 8790 DEBORAH MERSINO CHIEF MARKETING OFFICER 40.00 X 170614 0 19906 RICHARD DWYER DIRECTOR OF INVESTMENT SERVICES 40.00 X 382548 0 24324 JERRY LIUDAHL CHIEF CREDIT OFFICER 40.00 X 208678 0 9323 CATHY STOPPEL SENIOR INVESTMENT ADVISOR 40.00 X 208791 0 8407 SCOTT ROOTS SENIOR INVESTMENT ADVISOR 40.00 X 421305 0 13251 BENJAMIN W WENZEL SENIOR INVESTMENT ADVISOR 40.00 X 196822 0 6709 2797111 0 148555 9 0 1 0 0 INTEREST ON LOANS/VISA 522100 44715584 44715584 FEES AND CHARGES 522100 9357495 9357495 VISA/ATM INTERCHANGE INCOME 525990 6585230 6524552 60678 CREDIT CARD INTERCHANGE INCOME 525990 823421 823421 CREDIT CARD SERVICES 522210 -691350 -1413628 722278 4907885 4907885 65698265 895817 895817 1995 0 1995 1995 1995 1142246 47339 0 -47339 1142246 1094907 1094907 67690984 64917304 782956 1990724 1472053 16308256 1189785 2339983 1592380 95020 220699 2836882 3416800 1347174 2788556 1201200 132407 208558 2451514 218341 DIVIDEND EXPENSE 6451332 LOAN SERVICING EXPENSE 5712630 PROVISION FOR LOAN LOSS 5226163 BAD DEBT & OPERATING/FR 1017267 1038800 57265800 16081307 17275951 34782653 145214579 1531071 1724913 1133526502 1185220370 6952997 8386772 32570691 17225309 15536613 15345382 21393783 10352903 44474553 47337977 1274279479 1430858847 16518524 21567693 337556 233804 1150210783 1291399089 1167066863 1313200586 X 0 0 0 0 107212616 117658261 107212616 117658261 1274279479 1430858847 10425184 20461 0 X X 0 0 0 3342575 3342575 12221531 3457572 8763959 1779748 1433082 346666 14933798 12169975 2763823 293039 164680 128359 15345382 POSTRETIREMENT BENEFITS 1112509 MEMBER SHARES & SAVINGS 1290286580 1291399089 X X X X 0 1 0 D AMANDA JONES CEO & TREASURER 430746 0 334600 0 19200 0 38000 0 13878 0 836424 0 0 0 RONALD NEUMANN CFO 217117 0 12716 0 4973 0 0 0 11584 0 246390 0 0 0 DARRELL STARK CHIEF RETAIL OFFICER 172396 0 10042 0 6563 0 0 0 9260 0 198261 0 0 0 DEBORAH MERSINO CHIEF MARKETING OFFICER 150526 0 7871 0 12217 0 0 0 20365 0 190979 0 0 0 RICHARD DWYER DIRECTOR OF INVESTMENT SERVICES 47768 0 314089 0 20691 0 18000 0 6984 0 407532 0 0 0 JERRY LIUDAHL CHIEF CREDIT OFFICER 190985 0 11124 0 6569 0 0 0 9856 0 218534 0 0 0 CATHY STOPPEL SENIOR INVESTMENT ADVISOR 32977 0 174970 0 844 0 0 0 8896 0 217687 0 0 0 SCOTT ROOTS SENIOR INVESTMENT ADVISOR 46814 0 372245 0 2246 0 0 0 13911 0 435216 0 0 0 BENJAMIN W WENZEL SENIOR INVESTMENT ADVISOR 34675 0 162126 0 21 0 0 0 7160 0 203982 0 0 0 PART I, LINE 4B D AMANDA JONES, 457F PLAN - $20,000 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 11 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 2015. 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 -691350 16443142 OREGON COMMUNITY CREDIT UNION