2012-04-24T17:10:52-07:00 2011-12-31 990 2011-01-01 450226724 CAPITAL CREDIT UNION CAPI 7012550042 204 West Thayer Avenue Bismarck ND 585013772 Vance Reinbold 7012550042 2012-04-24 2011 2016-02-24 21:20:13Z Deb Gallagher 204 West Thayer Avenue Bismarck ND 58501 15109777 0 X www.capcu.org X 1936 ND Members' First. To be the best choice for financial services in our market. 9 9 132 9 34284 -50249 0 0 13679318 13053385 1090594 1098429 289070 310670 15058982 14462484 0 0 29204 10663 5388601 5629874 0 0 0 7153585 7055639 12571390 12696176 2487592 1766308 268071765 285661109 241842776 257713403 26228989 27947706 Members' First. To be the best choice for financial services in our market. 0 0 Provide a variety of financial services to our members. Our Credit Union was serving 22,596 members as of December 31, 2011. Our program's objective is to be the best choice for financial services in our market. Our program offers our members a variety of products, including (but not limited to): loans, savings, certificate of deposits, card services and electronic funds services. 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 6669 0 1 132 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 X Debra Gallagher 7012550042 204 W Thayer Avenue Bismarck ND 585013772 Michael Gunsch 3 X 0 0 0 Lynn Blakeman 3 X 0 0 0 Monte Weiand 3 X 0 0 0 Faye Miller 3 X 0 0 0 Kevin Ressler 3 X 0 0 0 Ron Torgeson 3 X 0 0 0 Dennis Klipfel 3 X 0 0 0 Jay Buringrud 3 X 0 0 0 Ken Geiger 3 X 0 0 0 Loni Bienek 40 X 113545 0 7939 Deb Gallagher 40 X 212647 0 149836 Steve Davis 40 X 160412 0 20569 Dustin Bitz 40 X 81674 0 15321 Vance Reinbold 40 X 128418 0 20038 Gordy Rauser 40 X 102154 0 3426 Kurt Schmidt 40 X 95425 0 17738 Scott Bullinger 40 X 100293 0 18284 994568 0 253151 6 0 1 0 Harland Financial Solutions 605 Crescent Executive Court Suite 600 Lake Mary FL 32746 Software Solutions 221787 Presort Plus 2355 Vermont Avenue Bismarck ND 58504 Postage and statement preparation services 169865 Diebold PO Box 643543 Pittsburgh PA 152643543 Equipment installation, upgrades, and maintenance 112143 HTG Architects 9300 Hennepin Town Road Eden Prairie MN 55347 Construction architect 186942 Professional Contractors 1131 Airport Road Bismarck ND 585046712 Construction contractor 686220 6 0 Loan Interest Income 522291 9351751 9351751 0 0 Fees and Interchange Income 522210 2716765 2687527 29238 0 Mortgage Lending Income 522292 984869 984869 0 0 0 0 0 0 13053385 1021189 1016560 4629 0 0 0 0 0 0 0 0 0 0 0 680083 44450 600052 47241 80031 -2791 77240 77240 0 0 310670 310253 417 0 310670 14462484 14428200 34284 0 0 0 0 10663 1129142 0 3361309 176410 635017 327996 0 50371 41450 0 0 17154 0 404381 510796 436333 0 448841 29063 0 84305 1580932 0 826964 65600 Assessments & Writedowns 530979 Card Services 928673 Loan Program Expenses 227364 Provision for Loan & Lease Losses 421451 450982 12696176 0 0 0 2036028 1896566 27921700 52735422 0 0 189229 215812 0 0 0 0 162216076 177427354 0 0 329406 179612 13912040 6595747 6741281 7316293 1535870 1579384 62025656 39169191 3756018 3574630 0 0 1320501 1566845 268071765 285661109 2078309 3021093 0 0 0 0 0 0 79517 109171 0 0 25000000 21000000 0 0 214684950 233583139 241842776 257713403 X 0 0 0 0 26228989 27947706 26228989 27947706 268071765 285661109 X 1766308 -47591 X 0 1 1 X 0 0 1 0 1384269 1384269 0 4107849 1916622 2191227 0 675729 317536 358193 0 2075051 1690825 384226 0 5669142 2670764 2998378 7316293 0 0 Federal Agency Obligations 38992420 F Government Securities 69441 F Corporate Debt Securities 107330 F 39169191 Member's Savings & IRA Certificates 60808679 Member's shares 172774460 233583139 SchD_P04_S00_L02b Schedule D, Part IV, Line 2b Our organization maintains escrow accounts for some of our members. SchD_P10_S00_L02 Schedule D, Part X, Line 2 "It is the opinion of management that the Credit Union has no significant uncertain tax positions that would be subject to change upon examination." X 1 1 X X X 0 0 0 Deb Gallagher 180000 0 32647 0 0 0 123647 0 26189 0 362483 0 0 0 Steve Davis 110750 0 32162 0 17500 0 0 0 20569 0 180981 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The Credit Union will reimburse directors for their spouses travel in accordance with our policy. Greg Tschider Spouse of Officer 47812 Legal retainer and additional legal services 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 The organization has members. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a Our bylaws allow the members who own the Credit Union to elect the governing body at the Credit Union's annual meeting. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b Some decisions need to be voted on by the membership and must pass a certain percentage of the membership in attendance at the meeting. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is completed by the Accounting Department and reviewed by the CFO and Controller. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Annually, all employees sign a Code of Conduct form, which includes the Conflict of Interest Policy. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Credit Union's Board of Directors has a Compensation Committee that reviews compensation. The Board of Directors determine the CEO's salary based upon several factors, including comparable data. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The documents are available upon request for our members, but are not readily available to the general public. F990_P11_S00_L05 Form 990, Part XI, Line 5 This includes the change in unrealized gains on our available-for-sale securities. CCU Financial Services LLC 204 West Thayer Avenue Bismarck ND 58501 203055779 Credit Union Service Organization ND 15276 38197 Capital Credit Union