2013-08-05T21:41:40-05:00 2012-12-31 391127312 WCUL Services Corp N25W23131 Paul Rd Suite 500 Pewaukee WI 53072 990 2012-01-01 396062826 Members Advantage Credit Union MEMB PO BOX 1208 Wisconsin Rapids WI 54495 Tammy Schwebach-Erdman 7154211610 2013-05-28 false Cari Thompson P01025704 2625490200 2013-08-05 2012 2016-02-24 21:20:13Z Thomas Bulin PO Box 1208 Wisconsin Rapids WI 54495 4662790 false X www.membersadvantagecu.com X 1932 WI A cooperative, nonprofit corporation, incorporated to encourage thrift among its members, create a source of credit at a fair and reasonable cost, and provide an opportunity for its members to improve their economic and social conditions. 9 7 36 3558 0 0 4059508 4410632 234425 232091 4500 2250 4298433 4644973 0 0 1246247 1510672 0 0 2332839 1933862 3579086 3444534 719347 1200439 74328243 81196576 62894931 68562825 11433312 12633751 A cooperative, nonprofit corporation, incorporated to encourage thrift among its members, create a source of credit at a fair and reasonable cost, and provide an opportunity for its members to improve their economic and social conditions. false false We have deposit, transaction, and investment accounts with 10,255 members at 12/31. During 2012, we opened 2369 new deposit, transaction and investment accounts. We funded 3572 loans during 2012. As of 12/31/12, we had 655 mortgages/home equity lines, 3938 consumer loans and 63 member business loans. We also had 1122 credit card accounts with our members. false false false false false false false false true true 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 2037 0 true 36 true true false false false false false false X 9 7 true false false false true true true true true false false true true true true true false true true false X Tammy Schwebach-Erdman 7154211610 PO BOX 1208 Wisconsin Rapids WI 54495 Donna Rasmussen 1.00 X 0 0 0 Gary Phillips 1.00 X X 0 0 0 Jack Uttermark 1.00 X 0 0 0 Joe Bredl 1.00 X 0 0 0 Leanne Pearson 1.00 X X 1625 0 0 Mary Ellen Scharff 1.00 X 0 0 0 Rich Water 1.00 X 0 0 0 Ronald Schwanz 1.00 X X 0 0 0 Thomas Scharff 1.00 X X 2375 0 0 Scott Vandehey 45.00 X 97909 0 23069 Tammy Schwebach-Erdman 45.00 X 94159 0 21757 Thomas Bulin 45.00 X 146072 0 30117 342140 0 74943 1 false true false Interest on Loans 522100 3150426 3150426 Member Fee Income 522100 795474 795474 Other Member Fee Income 522100 373297 373297 Insurance Sales 524298 55391 55391 Non-member ATM Fees 519100 3404 3404 32640 32486 154 4410632 249908 249908 2250 2250 17817 -17817 -17817 -17817 4644973 4407074 3558 234341 342140 777570 51218 262821 76923 4800 11820 6769 46687 148016 135059 134248 11419 37796 1140 27159 135522 36828 Dividends on Shares 534323 534323 Loan Loss & Servicing 325101 325101 Member Account/Card Costs 207062 207062 Member Insurance 85156 85156 44957 3444534 0 0 0 1152840 1010961 13138063 11974660 540858 891983 54837091 58635764 51450 48414 3915930 1393641 2624063 2522289 1763 4093794 1156383 1226676 825732 792035 74328243 81196576 180177 283995 62714754 68278830 62894931 68562825 X 11433312 12633751 11433312 12633751 74328243 81196576 1200439 0 X false false false 905598 905598 1998481 526140 1472341 622379 525122 97257 389472 342379 47093 2522289 Federal Agency Security 1360 C Cash Surrender Value-Life I 4092434 F 4093794 NCUA Capitalization 668992 C Corporate Central MCS & PIC 557684 C 1226676 Member Shares & Deposits 68054889 Deferred Compensation 199899 All Other Liabilities 24042 68278830 X X X false false false Thomas Bulin 146072 7820 22297 176189 O01 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. O02 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. O03 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). O04 Member election for additional members Part VI line 7a The Board of Directors is elected by the membership utilizing their one vote per member. O05 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 organization9s 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). O06 Form 990 governing body review Part VI line 11 A copy is reviewed at the board meeting O07 Conflict of interest policy compliance Part VI line 12c This is done by an employee override report that is reviewed by the VP Lending O08 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. O09 Other officer or key employee compensation Part VI line 15b This is done by comparative data from CUES and then is determined by the CEO and Board of Directors. O10 Governing documents etc available to public Part VI line 19 These are made available upon request through the CFO.