2014-05-13T15:02:24-05:00 2013-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY 1200 PORTLAND OR 97205 990 2013-01-01 936024307 RIVERMARK COMMUNITY CREDIT UNION RIVE 5036266600 8505 SW CREEKSIDE PLACE BEAVERTON OR 97008 DOUG CHRISTENSEN CONTROLLER 5036266600 2014-05-09 1 WENDY CAMPOS P00448102 5032421447 2013 2015-11-30 17:44:51Z SCOTT BURGESS 8505 SW CREEKSIDE PLACE BEAVERTON OR 97008 33634542 0 X WWW.RIVERMARKCU.ORG X 1951 OR THE PURPOSE OF THE CREDIT UNION IS TO OPERATE AS A NOT-FOR-PROFIT COOPERATIVE FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG ITS MEMBERS BY AFFORDING THEM THE OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. 9 9 158 12 414027 -2773 0 0 32727236 31914459 1348348 1460896 0 0 34075584 33375355 0 0 0 0 10802454 11039347 0 0 0 18475112 15829466 29277566 26868813 4798018 6506542 547316483 569309400 501013034 518396559 46303449 50912841 X THE PURPOSE OF THE CREDIT UNION IS TO OPERATE AS A NOT-FOR-PROFIT COOPERATIVE FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG ITS MEMBERS BY AFFORDING THEM THE OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. 0 0 PROVIDED FINANCIAL SERVICES TO 65,043 MEMBERS, INCLUDING SHARE DEPOSITS AND LOANS. 0 0 0 0 0 0 0 1 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 15601 0 1 158 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X DOUG CHRISTENSEN 5035265604 8505 SW CREEKSIDE PLACE BEAVERTON OR 97008 CARL PFEIFFER BOARD CHAIR 2.00 X X 0 0 0 STEVE LUCAS BOARD VICE CHAIR 1.00 X X 0 0 0 TERRY BERNHARDT BOARD SECRETARY 1.00 X X 0 0 0 MARY ALICE HELIKSON BOARD MEMBER 1.00 X 0 0 0 TRACY PETERSEN BOARD MEMBER 1.00 X 0 0 0 DENNIS FULLAN BOARD MEMBER 1.00 X 0 0 0 LINA COCKRELL BOARD MEMBER 1.00 X 0 0 0 BOB BERNARD BOARD MEMBER 1.00 X 0 0 0 PATTI SCHNUR BOARD MEMBER 1.00 X 0 0 0 SCOTT BURGESS CEO/PRESIDENT 50.00 X 361957 0 33861 CHRIS CARDWELL FINANCE LEADER 50.00 X 128870 0 20822 GAYLE GUSTAFSON LENDING LEADER 50.00 X 142715 0 21271 ROB MILLS TECHNOLOGY LEADER 50.00 X 141145 0 15274 SETH SCHAEFER SALES LEADER 50.00 X 120895 0 11365 GEORGE KYLER DEVELOPMENT LEADER 50.00 X 110430 0 18806 JUDY NIX HUMAN RESOURCES LEADER 50.00 X 116407 0 4577 1122419 0 125976 8 0 1 0 PM SYSTEMS CORPORATION 6060 COVENTRY DR ELKHORN NE 68022 CHECK SERVICES 655488 VELOCITY SOLUTIONS INC PO BOX 460939 FORT LAUDERDALE FL 33346 MARKETING SERVICES 586724 XP SYSTEMS 405 SCIENCE DR MOORPARK CA 93021 CORE SYSTEM SERVICES 329009 FISERV INC 255 FISERV DR BROOKFIELD WI 53045 CARD SERVICES 243024 LENDING SOLUTIONS INC 2200 POINT BLVD ELGIN IL 60123 LOAN SERVICES 200018 13 INTEREST ON LOANS 522100 19076087 19076087 INTERCHANGE INCOME 522100 5548172 5407544 140628 SERVICE CHARGES AND FEES 522100 4645368 4645368 MORTGAGE SALES AND SERVICING 522100 1903962 1903962 OTHER NON-INTEREST INCOME 522100 740870 467471 273399 31914459 1720083 1720083 259187 -259187 -259187 -259187 33375355 31500432 414027 1460896 545510 7128058 1524160 1009274 832345 27496 56976 1458831 742076 1271167 1298255 749685 291702 2257069 990585 396356 LOAN SERVICING 2942665 PROVISION FOR LOAN LOSS 2125000 VISA REWARDS PROGRAM 660526 DUES AND SUBSCRIPTIONS 109098 451979 26868813 8072398 7484699 45019778 33649151 389305761 404439674 1178711 1707035 17973117 8752904 9841116 9220213 68829742 86465279 713793 1870193 24355184 24473156 547316483 569309400 4511656 6664350 228965 170684 628601 580271 495643812 510981254 501013034 518396559 X 0 0 0 0 46303449 50912841 46303449 50912841 547316483 569309400 6506542 -1897150 0 X 0 0 0 0 1 X 868356 868356 7800335 1091899 6708436 366524 197547 168977 8937902 7463458 1474444 9220213 MEMBER SHARE & SAVINGS ACCOUNTS 510981254 510981254 PART IV, LINE 2B: THE CREDIT UNION MAINTAINS ESCROW, TAXES AND INSURANCE AS PART OF THE LOAN PROGRAM. X 1 1 X X X X 1 0 0 SCOTT BURGESS CEO/PRESIDENT 297823 0 43537 0 20597 0 20501 0 13360 0 395818 0 0 0 GAYLE GUSTAFSON LENDING LEADER 137349 0 0 0 5366 0 11526 0 9745 0 163986 0 0 0 ROB MILLS TECHNOLOGY LEADER 141145 0 0 0 0 0 7873 0 7401 0 156419 0 0 0 PART I, LINE 1A BOARD AND MANAGEMENT OCCASIONALLY BRING SPOUSES ON CONFERENCE TRIPS. PART I, LINE 4A JUDY NIX RECEIVED $76,640 AS A CONFIDENTIAL VOLUNTARY RETIREMENT AGREEMENT. FORM 990, PART VI, SECTION A, LINE 6 RIVERMARK COMMUNITY CREDIT UNION HAD 65,043 MEMBERS AT 12/31/13. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION'S GOVERNING BODY IS SELECTED FROM AMONG MEMBERSHIP AND IS VOTED ON BY ALL ELIGIBLE MEMBERS OVER THE AGE OF 18. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE CREDIT UNION'S VICE PRESIDENT OF FINANCE AND THE CONTROLLER AND IS ALSO REVIEWED BY A THIRD PARTY ACCOUNTING FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION HAS A POLICY TITLED "CODE OF ETHICS AND STANDARDS OF BUSINESS CONDUCT OF BOARD OF DIRECTORS, SUPERVISORY COMMITTEE, BOARD COMMITTEES AND OFFICIALS OF RIVERMARK COMMUNITY CREDIT UNION." VOLUNTEERS OF THE CREDIT UNION REVIEW AND APPROVE THIS POLICY ON AN ANNUAL BASIS. THE VOLUNTEERS MUST NOTIFY THE BOARD CHAIRMAN IF THEIR STATUS CHANGES AND THEY NO LONGER MEET THE QUALIFICATIONS FOR THE SEAT THEY OCCUPY. CONDUCT NOT IN ACCORDANCE WITH THIS POLICY SHALL CONSTITUTE GROUNDS FOR DISQUALIFICATION TO SERVE, DISCIPLINARY ACTION, OR SUSPENSION OR REMOVAL AS PERMITTED BY LAW. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. IN PREPARATION FOR THE REVIEW, THE VP OF HUMAN RESOURCES PROVIDES REPORT DATA FROM A PROFESSIONAL COMPENSATION FIRM THAT PROVIDES COMPENSATION DATA FOR ALL EMPLOYEE LEVELS. IN ADDITION, A SEPARATE CEO SALARY REPORT IS REQUESTED TO USE FOR COMPARABILITY PURPOSES. THE BOARD OF DIRECTORS REVIEWS THIS INFORMATION WHEN MAKING THE RECOMMENDATION FOR AN ANNUAL SALARY. BONUS COMPENSATION, IF ANY IS GIVEN, IS DIRECTLY TIED TO ACHIEVEMENT OF SPECIFIC CREDIT UNION AND INDIVIDUAL GOALS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY OF ALL CREDIT UNION BRANCHES. GOVERNING AND POLICY DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS OR FUND BALANCES CAN BE EXPLAINED BY A $1,897,150 UNREALIZED LOSS IN VALUE OF AVAILABLE FOR SALE INVESTMENTS. RIVERMARK INSURANCE AGENCY LLC 8505 SW CREEKSIDE PLACE BEAVERTON OR 97008 462978707 CONSUMER INSURANCE OR 13848 8518 RIVERMARK COMMUNITY CREDIT UNION