2012-08-09T15:21:41-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP PO BOX 217 AUSTIN MN 55912 990 2011-01-01 746054885 CAPITOL CREDIT UNION CAPI 5124779465 PO BOX 141069 AUSTIN TX 787141069 ANNE BOATRIGHT 5124779465 2012-08-08 1 SHERRI WESSELS P00888088 5074347000 2011 2016-02-24 21:20:13Z ANNE BOATRIGHT PO BOX 141069 AUSTIN TX 787141069 5833703 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 50 15 16849 -57195 0 0 5250651 4698125 990719 1003062 153285 34516 6394655 5735703 3500 4750 752074 552057 2102456 1875588 0 0 0 3734490 3157554 6592520 5589949 -197865 145754 110606788 117097123 103684657 109824777 6922131 7272346 X 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. 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. CAPITOL CREDIT UNION PROVIDES SHARE ACCOUNTS TO ALL OF ITS MEMBER ACCOUNTS. REGULAR SHARE ACCOUNTS GET PAID A QUARTERLY DIVIDEND AT A RATE DECLARED BY THE BOARD OF DIRECTORS, AS LONG AS THE MINIMUM BALANCE REQUIREMENTS ARE MET. THESE ACCOUNTS CAN BE ACCESSED THROUGH ANY OF OUR 4 LOCAL AREA RETAIL BRANCHES OR THROUGH ONE OF 4,538 SHARES SERVICE CENTERS NATIONWIDE. ADDITIONAL ACCESS CAN BE PROVIDED THROUGH INTERNET OR TELEPHONE BANKING. WITHDRAWALS CAN BE DONE THROUGH THE ATM NETWORK, OF WHICH OUR MEMBERS HAVE ACCESS TO OVER 250 SURCHARGE FREE ATM MACHINES. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3094 0 1 50 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 MARC BRODDRICK 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 JESUS RAMOS 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 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 BETH TYNER 1.00 X 0 0 0 ANNE BOATRIGHT 40.00 X 136167 0 10865 MARC BRODDRICK 40.00 X 86800 0 8702 222967 0 19567 1 0 0 0 FISERV EFT SOLUTIONS PO BOX 60000 SAN FRANCISCO CA 94180 ATM/DEBIT CARD SERVICES 269154 FISERV USERS 75 REMITTANCE DR SUITE 6962 CHICAGO IL 60675 SOFTWARE SUPPORT 180637 AT&T PO BOX 5019 CAROL STREAM IL 60675 COMMUNICATIONS 155883 GROUNDS CONSTRUCTION 6623 SHIRLEY AVE AUSTIN TX 78752 GENERAL CONTRACTOR 134147 Q2 EBANKING PO BOX 678272 DALLAS TX 75267 HOME BANKING 108827 5 LOAN INTEREST 522100 3083078 3083078 FEE INCOME 522100 1477880 1461031 16849 OTHER OPERATING INCOME 522100 137167 137167 4698125 1002082 1002082 34516 0 34516 34516 34516 98980 98000 980 980 980 5735703 4681276 16849 1037578 4750 552057 242534 1248857 39859 134659 209679 10979 27600 30000 69283 104503 1186053 163629 265021 31513 30710 321213 65407 PROVISION FOR LOAN AND 360453 NCUA ASSESSMENTS 248018 LOAN SERVICING EXPENSE 190877 MISCELLANEOUS OPERATING 28111 24184 5589949 1251935 1492063 49293 20703 54471517 46418338 211526 140293 7723506 3647073 4106000 4076433 48444555 62889190 276517 2071962 1783586 110606788 117097123 1655932 1002784 102028725 108821993 103684657 109824777 X 0 0 0 0 6922131 7272346 6922131 7272346 110606788 117097123 X 145754 204461 X 0 0 0 1508160 1508160 3507335 1260815 2246520 171228 171228 0 2536783 2215030 321753 4076433 AVAILABLE FOR SALE SECURITIES 48860582 F DEPOSITS IN CORPORATE CREDIT UNIONS 1646608 C DEPOSITS IN OTHER FIN INSTITUTIONS 12382000 C 62889190 MEMBER DEPOSITS 108821993 108821993 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 EACH MEMBER OF THE BOARD OF DIRECTORS OF CAPITOL CREDIT UNION WAS GIVEN A COPY OF FORM 990 FOR THEIR REVIEW. QUESTIONS AND/OR COMMENTS WERE SUBMITTED TO THE CFO FOR DISCUSSION AND/OR REVIEW. FORM 990 WILL BE COMPLETED BY THE CREDIT UNION'S ACCOUNTING FIRM BASED UPON INFORMATION SUBMITTED BY THE CFO. 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 2011 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 5: NET UNREALIZED GAINS ON INVESTMENTS: 204,461.