2015-04-14T13:47:17-05:00 2014-12-31 362985770 SELDEN FOX LTD 619 ENTERPRISE DRIVE OAK BROOK IL 605238835 990 2014-01-01 350885375 TECH CREDIT UNION TECH 2196635120 10951 BROADWAY CROWN POINT IN 46307 MICHAEL M HUSSEY PRESIDENT / CEO 2196635120 2015-04-03 1 PAUL J ROZEK P00542258 6309541400 2014 2016-02-25 16:41:14Z MICHAEL M HUSSEY 10951 BROADWAY CROWN POINT IN 46307 13472598 0 X WWW.TECHCU.ORG X 1936 IN TO PROMOTE THRIFT AND PROVIDE LOW COST LOANS TO MEMBERS. THIS IS ACCOMPLISHED ON A CO-OPERATIVE BASIS FOR THE MUTUAL BENEFIT OF THOSE WITHIN THE MEMBERSHIP. 10 10 112 0 0 0 0 0 8176848 8046348 1047664 1058414 4331869 4357645 13556381 13462407 0 0 0 0 5659669 5786167 0 0 0 7473296 7912394 13132965 13698561 423416 -236154 320353160 321489659 294282697 295647228 26070463 25842431 TO PROVIDE SERVICES THAT ENABLE OUR MEMBERS TO ACHIEVE A LIFETIME OF FINANCIAL SUCCESS. 0 0 MAINTAIN SAVINGS ACCOUNTS FOR MEMBERS (TO PROMOTE THRIFT) AND OFFER LOANS TO MEMBERS AT LOW COST AND REASONABLE INTEREST RATES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 4935 0 1 112 1 0 0 0 0 0 0 X 10 10 0 0 0 0 1 0 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 IN X MICHAEL M HUSSEY 2196635120 10951 BROADWAY CROWN POINT IN 46307 CHRISTINE ATHERTON DIRECTOR 4.00 X 1650 0 0 PATRICIA CORDRAY DIRECTOR 4.00 X 1800 0 0 WALTER J GARBARCZYK DIRECTOR 4.00 X 1800 0 0 DOROTHY SUE LANDSKE SECRETARY 4.00 X X 1800 0 0 JOHN LEWERS DIRECTOR 4.00 X 1650 0 0 JOE MACHARA DIRECTOR 4.00 X 1650 0 0 JAMES MACK TREASURER 4.00 X X 1650 0 0 EDWARD PETYO DIRECTOR 4.00 X 1800 0 0 RICHARD YOUNG CHAIRMAN 4.00 X X 1500 0 0 LISA BECK DIRECTOR 4.00 X 1350 0 0 MICHAEL HUSSEY PRESIDENT/CEO 40.00 X 240060 0 46476 RICHARD LUNDSTROM EXECUTIVE VICE PRESIDENT 40.00 X 149211 0 33641 MICHAEL CASEY COMPTROLLER 40.00 X 134817 0 31390 MARY JO DUNCAN VICE PRESIDENT OF LENDING 40.00 X 107717 0 18108 RICHARD SIMAGA DIRECTOR OF COMMERCIAL LEN 40.00 X 104594 0 27712 753049 0 157327 5 0 1 0 FISERV 255 FISERV DRIVE BROOKFIELD WI 53045 INFORMATION TECHNOLOGIES 612734 DIGITAL INSIGHT 1300 SEAPORT BOULEVARD REDWOOD CITY CA 94063 DIGITAL BANKING SOLUTIONS 497852 AT&T 208 S AKARD ST DALLAS TX 75202 COMMUNICATIONS 303352 CHESTER INC 555 EASTPORT CENTRE DRIVE VALPARAISO IN 46383 INFORMATION TECHNOLOGIES 143999 CREATIVE SERVICES 4130 PLANK ROAD PERU IL 61354 PRINTING/MAILING SERVICE 114409 6 LOAN INTEREST 522100 8046348 8046348 8046348 1037289 1037289 37015 0 37015 37015 37015 31316 10191 21125 21125 21125 OTHER ACTIVITY FEES 522100 4320630 4320630 4320630 13462407 12425118 0 1037289 893726 3619373 277471 653452 342145 40080 58992 788396 435387 533768 414013 682517 47989 1233707 611915 OFFICE OPERATIONS 1499876 PROVISION FOR LOAN LOSS 907669 LOAN SERVICING 325009 SERVICE CENTER FEES 204000 129076 13698561 2719473 2642665 169938910 183464304 773019 1442547 17630644 7395003 10629520 10235641 133014624 119638168 3277614 4066334 320353160 321489659 1881245 1969473 292401452 293677755 294282697 295647228 X 0 0 0 0 26070463 25842431 26070463 25842431 320353160 321489659 X -236154 8122 X X 0 1 X 1 0 2519654 2519654 10233506 3644868 6588638 4877484 3750135 1127349 10235641 CERTIFICATES OF DEPOSIT 55386000 C FEDERAL CREDIT UNIONS 25115292 C CU CENTER OF INDIANA 275121 C INVESTMENT IN SUBSIDIARY 1416931 C FEDERAL RESERVE DEPOSIT 399412 C NCUA GUARANTEED NOTES 18746173 F FEDERAL HOME LOAN BANK DEPOSIT 501945 C CORPORATE BONDS 2002580 F CASH SURRENDER VALUE OF LIFE INSURANCE 6677396 C MORTGAGE BACKED SECURITIES - RESIDENTAL 9117318 F 119638168 MEMBER SHARE ACCOUNTS 293677755 293677755 X X X 0 0 0 MICHAEL HUSSEY PRESIDENT/CEO 236337 0 0 0 3723 0 29223 0 17253 0 286536 0 0 0 RICHARD LUNDSTROM EXECUTIVE VICE PRESIDENT 149211 0 0 0 0 0 16388 0 17253 0 182852 0 0 0 MICHAEL CASEY COMPTROLLER 134817 0 0 0 0 0 14167 0 17223 0 166207 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 A MEMBER IS DEFINED AS ANY INDIVIDUAL OR BUSINESS THAT HAS LOAN OR DEPOSIT ACCOUNTS AT THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7B MAJOR DECISIONS, SUCH AS WHETHER OR NOT TO MERGE INTO ANOTHER CREDIT UNION, WOULD REQUIRE RATIFICATION BY THE MEMBERSHIP TO BE APPROVED. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT REVIEWS FORM 990 BEFORE IT IS FILED WITH THE IRS. BOARD DOES NOT REVIEW THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EXECUTIVE STAFF COMPLETE A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. THE CREDIT UNION'S INTERNAL AUDITOR REVIEWS THESE STATEMENTS TO ENSURE COMPLETION AND COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED AS PART OF EACH INDIVIDUAL'S ANNUAL REVIEW. THIS COMPENSATION IS INCLUDED IN THE BUDGET THAT IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS ARE ON FILE WITH THE INDIANA SECRETARY OF STATE'S OFFICE. A COPY OF THESE DOCUMENTS CAN BE OBTAINED THROUGH THIS OFFICE. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE ON DISPLAY IN THE LOBBY OF THE CREDIT UNION'S HOME OFFICE. THE CREDIT UNION'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME - DEFINED BENEFIT PENSION PLAN -94,270. NET UNREALIZED GAINS ON AVAILABLE FOR SALE INVESTMENTS 102,392. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SIGNIFICANTLY FROM THE PRIOR YEAR. THE CREDIT UNION'S SUPERVISORY COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. 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