2015-11-13T20:40:48-06:00 2014-12-31 391127312 WCUL Services Corp N25W23131 Paul Rd Suite 500 Pewaukee WI 53072 990 2014-01-01 396062826 Members Advantage Credit Union MEMB PO BOX 1208 Wisconsin Rapids WI 54495 Tammy Schwebach-Erdman CFO 7154211610 2015-08-31 false Cari Thompson P01025704 2625490200 2015-11-13 2014 2016-03-07 17:11:31Z Thomas Bulin PO Box 1208 Wisconsin Rapids WI 54495 4747200 false X www.membersadvantagecu.com X 1932 WI A member-owned financial organization dedicated to: Meeting the changing needs of members in friendly & professional manner; Providing a variety of competitively priced financial products & services; & Maintaining the credit union's long-term stability 11 0 36 1926 -6678 0 4407153 4502178 273126 240835 4869 897 4685148 4743910 0 0 1654191 1718958 0 0 1997182 1994021 3651373 3712979 1033775 1030931 83456301 91895493 69788775 77197036 13667526 14698457 A member-owned financial organization dedicated to: Meeting the changing needs of members in friendly & professional manner; Providing a variety of competitively priced financial products & services; & Maintaining the credit union's long-term stability false false We funded 3,659 loans during 2014. As of 12/31/14, we had $36,210,364 mortgages/home equity lines, $22,770,912 consumer loans and $5,957,449 member business loans. We also had 1292 credit card accounts with our members. We have deposit, transaction, and investment accounts with $61,218,174 members at 12/31. During 2014, we opened 385 new deposit, transaction and investment accounts. false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true X 1784 0 true 36 true true false false false false false false X 11 0 true false false false true true true true true false false true true true true true true true true false X Tammy Schwebach-Erdman 7154211610 PO BOX 1208 Wisconsin Rapids WI 54495 Mary Ellen Scharff Director 1.00 0.00 X 910 0 0 Thomas Scharff Chair 1.00 0.00 X X 2435 0 0 Donna Rasmussen Director 1.00 0.00 X 980 0 0 Joe Bredl Director 1.00 0.00 X 700 0 0 Jack Uttermark Director 1.00 0.00 X 1050 0 0 Leanne Pearson Secretary 1.00 0.00 X X 1560 0 0 Ronald Schwanz Treasurer 1.00 0.00 X X 910 0 0 Gary Phillips Vice-Chair 1.00 0.00 X X 1050 0 0 Rich Water Director 1.00 0.00 X 840 0 0 Thomas Bulin PresidentCEO 45.00 0.00 X 158542 0 0 Scott Vandehey EVP 45.00 0.00 X 102928 0 0 Tammy Schwebach-Erdman CFO 45.00 0.00 X 98392 0 0 370297 0 0 2 false true false Interest on Loans 522100 3187462 3187462 Member Fee Income 522100 888833 888833 Other Member Fee Income 522100 311650 311650 Insurance Sales 524298 89551 89551 Non-member ATM Fees 519100 1926 1926 22756 22756 4502178 244125 244125 897 897 3290 -3290 -3290 -3290 4743910 4500252 1926 241732 370297 871231 56046 337451 83933 4800 12480 6947 50886 154431 143086 147459 11766 39272 764 27297 156436 44207 Dividends on Shares 411286 411286 Loan Servicing 284937 284937 Member AccountCard Costs 300474 300474 Privision for Loan Loss 120000 120000 77493 3712979 0 0 0 1428058 936504 10029041 16475557 355670 1112547 62773064 64398825 62247 59088 4023061 1415713 2666645 2607348 4238653 4362610 1312520 1355247 590403 587767 83456301 91895493 373347 570128 900000 69415428 75726908 69788775 77197036 X 13667526 14698457 13667526 14698457 83456301 91895493 1030931 0 X false false false 905598 905598 2004586 633877 1370709 637838 519716 118122 475039 262120 212919 2607348 Federal Agency Security 925 C Cash Surrender Value-Life Insurance 4361685 F 4362610 NCUA Capitalization 729015 C Corporate Central MCS & PIC 626232 C 1355247 Member Shares & Deposits 75425316 Deferred Compensation 229390 SuspenseSettlement Accts 72202 75726908 X X X false false false Thomas Bulin PresidentCEO 158542 158542 Unrelated business income explanation Part V line 3b We will have the Form 990-T filed before the extended due date. Estimates related to the Form 990-T were used to complete the Form 990. Officer directors etc family relationship Part VI line 2 The Board Chair, Thomas Scharff, and a Board Director, Mary Ellen Scharff, are brother and sister. Members or stockholder classes and rights Part VI line 6 The organization consists of members. To be a member, one must have a share/savings account. Each member has one vote to elect the governing body (Board of Directors). Member election for additional members Part VI line 7a The Board of Directors is elected by the membership utilizing their one vote per member. Governing body decisions Part VI line 7b Each member has one vote to utilize in ratifying significant decisions beyond the authority of the Board as outlined in the organization's bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., NCUA, Wisconsin Office of Credit Unions). Form 990 governing body review Part VI line 11 A copy is reviewed at the board meeting Conflict of interest policy compliance Part VI line 12c Overrides on all employees accounts. The EVP goes through this on a daily basis. CEO executive director top management comp Part VI line 15a This is done by comparative data from CUES and then is determined by the Board of Directors. The CEO is done in a closed session by the Board of Directors. Other officer or key employee compensation Part VI line 15b This is done by comparative data from CUES and then is determined by the Board of Directors. The CEO is done in a closed session by the Board of Directors. Governing documents etc available to public Part VI line 19 These are made available upon request though the CFO. Financials are on website, annual meeting and entrances of buildings.