2015-04-24T14:32:15-05:00 2014-12-31 431887384 STEPHEN LANG & ASSOCIATES LLC 14323 S OUTER 40 STE N205 CHESTERFIELD MO 63017 990 2014-01-01 430739854 VANTAGE CREDIT UNION VANT 3142980055 4020 FEE FEE ROAD BRIDGETON MO 630442708 ERIC V ACREE PRESIDENT & CEO 3142980055 2015-04-24 1 P01203453 3142058601 2014 2016-04-25 22:37:26Z ERIC V ACREE 4020 FEE FEE ROAD BRIDGETON MO 630442708 130754769 0 X WWW.VCU.COM X 1957 MO ENHANCING YOUR LIFE, STRENGTHENING OUR COMMUNITY 7 7 375 12 0 0 0 0 45646032 48185557 937543 717483 0 0 46583575 48903040 0 0 0 0 17398240 19259563 0 0 0 27481671 26172911 44879911 45432474 1703664 3470566 705408966 735795509 646520608 676450037 58888358 59345472 ENHANCING YOUR LIFE, STRENGTHENING OUR COMMUNITY 0 0 PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 105,423 MEMBERS. PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2014, THERE WERE 61,326 LOANS OUTSTANDING TOTALING $582,876,203. PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $2,757,334 FOR THE YEAR. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 16150 0 1 375 1 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 0 1 1 X DOUGLAS E RUCKMAN 3142980055 4020 FEE FEE ROAD BRIDGETON MO 630442708 DR JERRY EICHHOLZ CHAIRMAN 1.00 X 1528 0 0 DR WILLIAM SOLOMON VICE CHAIRMAN 1.00 X 1679 0 0 MARK RUDOLPH SECRETARY/TREASURER 1.00 X 0 0 0 DANIEL BOYLE DIRECTOR 1.00 X 0 0 0 DANIEL ISOM DIRECTOR 1.00 X 0 0 0 TONI MARTIN DIRECTOR 1.00 X 2824 0 0 DR PAUL T ZIEGLER DIRECTOR 1.00 X 0 0 329 ERIC V ACREE PRESIDENT & CEO 40.00 X 344511 0 57096 DOUGLAS E RUCKMAN EXECUTIVE VICE PRESIDENT 40.00 X 175083 0 38965 RANDAL T YECK EXECUTIVE VICE PRESIDENT 40.00 X 169220 0 26649 JAMES M COCHRAN EXECUTIVE VICE PRESIDENT 40.00 X 160699 0 24649 TOBY D RAGAINI EXECUTIVE VICE PRESIDENT 40.00 X 153325 0 35391 DENISE M STEVENS EXECUTIVE VICE PRESIDENT 40.00 X 180367 0 33288 CINDY A HARBISON PRESIDENT/CEO, MEMBERS RESOURCE 40.00 X 159574 0 18695 JOHN M HOPKINS VICE PRESIDENT 40.00 X 114710 0 31335 KATHLEEN J PALMER VICE PRESIDENT 40.00 X 104680 0 34171 JOHN D OSBORN JR DIRECTOR 40.00 X 114137 0 29981 JODY M HARRIS DIRECTOR 40.00 X 110919 0 27428 DEAN A PARKINSON DIRECTOR 40.00 X 112762 0 24472 1906018 0 382449 12 0 1 0 0 INTEREST ON LOANS 522100 30561724 30561724 FEES & OTHER INCOME 522100 17623833 17623833 48185557 810132 810132 81536718 222362 81437448 414281 99270 -191919 -92649 -92649 48903040 48903040 0 0 1583872 11540843 2337657 2830851 966340 116721 132825 1244551 879458 2898718 2496681 2443567 178596 113129 2301354 470052 LOAN SERVICING 5131268 PROVISION FOR LOAN LOSS 4083763 MEMBER DIVIDENDS 2757334 DUES & SUBSCRIPTIONS 189164 735730 45432474 18184993 18780276 35280296 45311371 499147997 577247346 1480303 2144605 59651544 24816353 34434445 34835191 103646529 43689260 100000 13234403 13687460 705408966 735795509 11066409 13311960 374029 382624 635080170 662755453 646520608 676450037 X 0 0 0 0 58888358 59345472 58888358 59345472 705408966 735795509 X 3470566 -113957 58137 -2957632 X 0 1 X 1 0 1665 1665 1665 1 CUPAC OF MISSOURI 2055 CRAIGSHIRE DR ST LOUIS MO 631464009 431310069 375 CUPAC IL (BURNETT CHAPTER) 1807 W DIEHL RD NAPERVILLE IL 605667107 363092340 1290 PART I-A, LINE 1: CONTRIBUTIONS TO VARIOUS CREDIT UNION POLITICAL ACTION COMMITTEES (CUPAC) RELATED TO CUPAC SPONSORED FUNDRAISING EVENTS. 0 1 X 17988758 17988758 21274527 9136170 12138357 2927560 2163243 764317 17460699 13516940 3943759 34835191 MEMBER SHARE DEPOSITS 655101109 PENSION PLAN LIABILITY - SFAS 158 7654344 662755453 X 48984890 81908 81908 48902982 58 58 48903040 45447154 14738 14738 45432416 58 58 45432474 PART IV, LINE 2B: THE CREDIT UNION MAINTAINS ESCROW ACCOUNTS FOR INSURANCE AND PROPERTY TAXES RELATED TO MEMBER REAL ESTATE LOANS. IN ADDITION, IN COORDINATION WITH ACCEL, THE CREDIT UNION PROVIDES MEMBERS WITH FREE FINANCIAL EDUCATION AND COUNSELING. PART X, LINE 2: THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL INCOME TAXES EXCEPT FOR CERTAIN PRODUCTS AND SERVICES WHICH HAVE BEEN DEEMED BY THE INTERNAL REVENUE SERVICE (IRS) TO BE UNRELATED TO THE CREDIT UNION'S EXEMPT PURPOSE. AS PRESENTED IN TECHNICAL ADVICE MEMORANDUMS, THE NET TAXABLE INCOME FROM THESE PRODUCTS AND SERVICES IS SUBJECT TO INCOME TAXES UNDER THE UNRELATED BUSINESS INCOME TAX (UBIT) REGULATIONS. IN MANAGEMENT'S OPINION, THE CREDIT UNION HAS NO UNRELATED BUSINESS INCOME AND NO ACCRUAL HAS BEEN RECORDED. TAXING AUTHORITIES HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR ANY YEARS FOR WHICH NO TAX RETURN WAS FILED. IN THE OPINION OF MANAGEMENT, THE ESTIMATED LIABILITY FOR ANY POTENTIAL TAX ASSESSMENT WOULD NOT HAVE A MATERIAL EFFECT ON THE CREDIT UNION'S FINANCIAL POSITION OR RESULTS OF OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: TECHATCHERY, LLC - TOTAL INCOME 81,908. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTERCOMPANY INTEREST INCOME 58. PART XII, LINE 2D - OTHER ADJUSTMENTS: TECHATCHERY, LLC - TOTAL EXPENSES 14,738. PART XII, LINE 4B - OTHER ADJUSTMENTS: INERCOMPANY DIVIDEND EXPENSE 58. X 1 1 X X X X 0 0 0 ERIC V ACREE PRESIDENT & CEO 344511 0 0 0 0 0 37601 0 19495 0 401607 0 0 0 DOUGLAS E RUCKMAN EXECUTIVE VICE PRESIDENT 175083 0 0 0 0 0 19274 0 19691 0 214048 0 0 0 RANDAL T YECK EXECUTIVE VICE PRESIDENT 169220 0 0 0 0 0 18435 0 8214 0 195869 0 0 0 JAMES M COCHRAN EXECUTIVE VICE PRESIDENT 157699 0 0 0 3000 0 17348 0 7301 0 185348 0 0 0 TOBY D RAGAINI EXECUTIVE VICE PRESIDENT 153325 0 0 0 0 0 16356 0 19035 0 188716 0 0 0 DENISE M STEVENS EXECUTIVE VICE PRESIDENT 180367 0 0 0 0 0 20031 0 13257 0 213655 0 0 0 CINDY A HARBISON PRESIDENT/CEO, MEMBERS RESOURCE 152974 0 0 0 6600 0 16820 0 1875 0 178269 0 0 0 PART I, LINE 1A THE CREDIT UNION PROVIDED TRAVEL FOR COMPANIONS OF THE FOLLOWING BOARD MEMBERS: DR. JERRY EICHHOLZ, CHAIRMAN - $1,528 DR. WILLIAM SOLOMON, VICE CHAIRMAN - $1,679 TONI MARTIN, DIRECTOR - $2,824 DR. PAUL ZIEGLER, DIRECTOR - $329 APPLICABLE FORMS 1099-MISC WERE FILED AS REQUIRED. PART I, LINE 3 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT'S PERFORMANCE AND DETERMINES COMPENSATION WITH THE ASSISTANCE OF AN INDEPENDENT CONSULTANT AND PURSUANT TO A SIGNED EMPLOYMENT CONTRACT. THE BOARD'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B SIGNIFICANT CHANGES SUCH AS CHANGES TO BYLAWS ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER, NO SUCH CHANGES WERE MADE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11 AN OUTSIDE ACCOUNTING FIRM PREPARES THE FORM 990 BASED ON DATA PROVIDED BY CREDIT UNION MANAGEMENT. UPON COMPLETION, IT IS REVIEWED BY MEMBERS OF SENIOR MANAGEMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE PRESIDENT AND ALL DIRECTORS, COMMITTEE MEMBERS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AND SUBMIT A SIGNED STATEMENT TO THAT EFFECT. THESE STATEMENTS ARE MAINTAINED ON FILE AT THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT'S PERFORMANCE AND DETERMINES COMPENSATION WITH THE ASSISTANCE OF AN INDEPENDENT CONSULTANT AND PURSUANT TO A SIGNED EMPLOYMENT CONTRACT. ALL OTHER MANAGEMENT COMPENSATION IS DETERMINED BY THE PRESIDENT AND IS PRESENTED AS PART OF THE BUDGET PACKAGE TO THE BOARD OF DIRECTORS FOR APPROVAL. THE BOARD'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE PRESENTED AT THE ANNUAL MEETING AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES, AND PROCEDURES ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION LIABILITY ADJUSTMENT -2,957,632. MEMBERS RESOURCES LLC 4020 FEE FEE ROAD BRIDGETON MO 63044 274479158 CREDIT UNION SERVICE ORGANIZATION PROVIDING MORTGAGE AND INSURANCE SERVICES MO 958051 5186670 TECHATCHERY LLC 4020 FEE FEE ROAD BRIDGETON MO 63044 272789465 CREDIT UNION SERVICE ORGANIZATION PROVIDING IT SOFTWARE SERVICES MO C 81908 114034 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0