2013-11-14T13:12:43-06:00 2012-12-31 410746749 CLIFTONLARSONALLEN LLP PO BOX 217 AUSTIN MN 55912 990 2012-01-01 746054885 CAPITOL CREDIT UNION CAPI 5124779465 PO BOX 141069 AUSTIN TX 787141069 ANNE BOATRIGHT 5124779465 2013-11-11 1 LOWELL FOSTER P00001022 5074347000 2012 2016-02-24 21:20:13Z ANNE BOATRIGHT PO BOX 141069 AUSTIN TX 787141069 5640513 0 2742 X WWW.CCUTX.ORG X CU 1954 TX CAPITOL CREDIT UNION IS A COOPERATIVE FINANCIAL INSTITUTION THAT IS OWNED AND CONTROLLED BY ITS MEMBERS AND IS OPERATED FOR THE PURPOSE OF PROMOTING THRIFT AND PROVIDING CREDIT AND OTHER FINANCIAL SERVICES TO ITS MEMBERS. 11 11 69 15 31474 0 0 0 4698125 4246495 1003062 954938 34516 439080 5735703 5640513 4750 0 552057 380955 1875588 1906848 0 0 0 3157554 3540914 5589949 5828717 145754 -188204 117097123 122466267 109824777 114440659 7272346 8025608 CAPITOL CREDIT UNION EXISTS TO PROVIDE CONVENIENCE TO ITS MEMBERS THROUGH A RANGE OF QUALITY FINANCIAL SERVICES AND PRODUCTS OFFERED AT THE BEST POSSIBLE RATES IN A PROFESSIONAL AND PERSONALIZED MANNER. 0 0 CAPITOL CREDIT UNION PROVIDES A WIDE RANGE OF SECURED AND UNSECURED LOANS TO ITS MEMBERS FOR CONSUMABLE ITEMS, SUCH AS AUTOS, BOATS, MOTORCYCLES, RVS, HOME EQUITY LOANS AND LINE-OF-CREDITS, SIGNATURE LOANS AND LINE-OF-CREDITS AND SHARE OR SHARE CERTIFICATE SECURED LOANS. ADDITIONALLY CREDIT INSURANCE IS AVAILABLE ON THESE LOANS. GAP (GUARANTEED ASSET PROTECTION) AND MBI (MECHANICAL BREAKDOWN INSURANCE) ARE SOME PRODUCTS THAT ARE OFFERED ON SOME OF OUR SECURED LOANS. CAPITOL CREDIT UNION OFFERS MONEY MARKET ACCOUNTS TO ITS MEMBERS. IT PAYS A HIGHER DIVIDEND THAN A TYPICAL SAVINGS OR DEMAND ACCOUNT IF THE MINIMUM AVERAGE MONTHLY BALANCE REQUIREMENT IS MET, BUT WITH THE CAPABILITY OF WRITING A LIMITED NUMBER OF CHECKS. CAPITOL CREDIT UNION OFFERS CERTIFICATES OF DEPOSIT TO ITS MEMBERS WITH VARYING TERMS AND RATES. THESE INSTRUMENTS ALLOW OUR MEMBERS A SAVINGS ALTERNATIVE THAT PAYS HIGHER DIVIDENDS THAN A TYPICAL SAVINGS OR DEMAND ACCOUNT, BUT WITH NO MARKET RISK EXPOSURE. 0 0 0 0 0 0 0 0 0 1 1 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 0 0 0 0 1 X 3090 0 1 69 1 1 1 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 0 0 0 1 1 0 X X ANNE BOATRIGHT 5124779465 PO BOX 141069 AUSTIN TX 787141069 MICHAEL JONES 1.00 X X 0 0 0 JAIME LYNN 1.00 X X 0 0 0 STEFANIE MEDACK 1.00 X X 0 0 0 JOEL BENNETT 1.00 X 0 0 0 KEVIN COOPER 1.00 X 0 0 0 KARIM HIRANI 1.00 X X 0 0 0 NANCY HRIN 1.00 X 0 0 0 DARRELL KETCHUM 1.00 X 0 0 0 LEWIS ROLAND 1.00 X 0 0 0 CAROLINE BEYER 1.00 X 0 0 0 WAYNE HAMILTON 1.00 X 0 0 0 ANNE BOATRIGHT 40.00 X 146239 0 9730 MARC BRODDRICK 40.00 X 67696 0 5874 LISA MALESKY 40.00 X 87082 0 7690 KIM TROY KYLE 40.00 X 88790 0 7807 389807 0 31101 1 0 1 0 AT&T PO BOX 5019 CAROL STREAM IL 60197 COMMUNICATIONS 171441 Q2 EBANKING PO BOX 678272 DALLAS TX 75267 BILL PAY & HOME BANKING 169066 USERS INC 455 SOUTH GULPH ROAD STE 201 KING OF PRUSSIA PA 19406 CORE PROCESSOR PROVIDER 155189 JACK HENRY ASSOCIATES PO BOX 609 MONETT MO 65708 SOFTWARE IMPLEMENTATION/NEW CORE 116044 CUNA MUTUAL PO BOX 1221 MADISON WI 53701 BONDING CO, FORM SUPPLIER, 401K PROVIDER 107366 5 LOAN INTEREST 522100 2574951 2574951 FEE INCOME 522100 876273 844799 31474 OTHER OPERATING INCOME 522100 795271 795271 4246495 954938 954938 NON-OPERATING INCOME 900099 439080 439080 439080 5640513 4654101 31474 954938 380955 420908 1333722 21887 130331 29614 15000 144578 74207 1214378 188675 282267 70315 10997 317094 WRITE DOWN ON OTTI 845031 LOAN SERVICING EXPENSE 163695 NCUA ASSESSMENTS 99434 MISCELLANEOUS OPERATING 76990 8639 5828717 1492063 1340895 20703 6320 46418338 49538894 140293 181223 8032308 3933385 4076433 4098923 62889190 65181429 276517 276517 1783586 1842066 117097123 122466267 1002784 603791 108821993 113836868 109824777 114440659 X 0 0 0 0 7272346 8025608 7272346 8025608 117097123 122466267 X -188204 922112 19354 X 0 0 0 1508160 1508160 3507993 1463766 2044227 168702 168702 0 2847453 2300917 546536 4098923 AVAILABLE FOR SALE SECURITIES 47608697 F DEPOSITS IN CORPORATE CREDIT UNIONS 5377850 C DEPOSITS IN OTHER FIN INSTITUTIONS 5503882 C HELD-TO-MATURITY SECURITES 6691000 C 65181429 MEMBER DEPOSITS 113836868 113836868 X X 0 0 0 ANNE BOATRIGHT 146239 0 0 0 0 0 4354 0 5376 0 155969 0 0 0 FORM 990, PART V, LINE 1A: THE NUMBER REPORTED IN BOX 3 OF FORM 1096 HAS BEEN ESTIMATED BASED ON THE NUMBER REPORTED FOR 2011. DUE TO A SIGNIFICANT CHANGE IN EMPLOYEES AND ALSO A PROCESSING SYSTEM CONVERSION, THESE RECORDS FOR 2012 WERE NOT READILY AVAILABLE. FORM 990, PART VI, SECTION A, LINE 6 EVERYONE LIVING, WORKING, WORSHIPPING, ATTENDING SCHOOL IN TRAVIS COUNTY, OR ANY BUSINESS IN TRAVIS COUNTY, IS ELIGIBLE FOR CAPITAL CREDIT UNION MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE FOR BOARD MEMBERS TO REPRESENT THEM. FORM 990, PART VI, SECTION A, LINE 7B BOARD HAS SOME DECISION MAKING AUTHORITY BUT SOME DECISIONS WOULD REQUIRE MEMBER CONSENT. MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS MADE AVAILABLE FOR MEMBERS OF THE BOARD OF DIRECTORS OF CAPITOL CREDIT UNION TO REVIEW. QUESTIONS AND/OR COMMENTS WERE SUBMITTED TO THE CEO FOR DISCUSSION AND/OR REVIEW. FORM 990 WAS COMPLETED BY THE CREDIT UNION'S ACCOUNTING FIRM BASED UPON INFORMATION SUBMITTED BY THE CEO. ACCURACY IS ASSUMED CORRECT UPON SIGNING AND SUBMITTING OF SAID FORM BY THE PRESIDENT/CEO. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE FORMED BY THE BOARD OF DIRECTORS REVIEWS THE CEO'S SALARY ON AN ANNUAL BASIS THROUGH THE USE OF COMPENSATION SURVEYS AND SOFTWARE. SALARY CHANGES ARE RECOMMENDED BY THE CEO REVIEW COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. THE PRESIDENT/CEO REVIEWS THE SALARIES OF OTHER EMPLOYEES OF THE ORGANIZATION ON AN ANNUAL BASIS THROUGH THE USE OF COMPENSATION SOFTWARE. SALARY CHANGES ARE AT THE SOLE DISCRETION OF THE PRESIDENT/CEO. THIS PROCESS WAS LAST COMPLETED IN 2012 FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 CAPITOL CREDIT UNION'S FINANCIAL STATEMENTS ARE POSTED IN EACH RETAIL LOCATION LOBBY. ADDITIONALLY, THEY ARE POSTED ON THE CREDIT UNION'S WEB SITE OR ARE AVAILABLE BY WRITTEN REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ADJUSTING ITEM 19,354.