2011-09-30T12:06:07-05:00 2010-12-31 EIDE BAILLY LLP 877 W MAIN ST STE 800 BOISE ID 83702 990 2010-01-01 930492535 OREGON COMMUNITY CREDIT UNION OREG 5416842347 2880 CHAD DRIVE EUGENE OR 97408 D AMANDA JONES 5416842347 2011-09-28 1 BILL SMITH 2083447150 2011-09-28 2010 2016-03-07 17:11:31Z D AMANDA JONES 2880 CHAD DRIVE EUGENE OR 97408 58226801 0 X WWW.OREGONCOMMUNITYCU.ORG X 1956 OR THE PURPOSE OF OREGON COMMUNITY CREDIT UNION IS TO ASSIST OUR MEMBERS IN MAKING BENEFICIAL LONG-TERM FINANCIAL DECISIONS BY PROVIDING THEM WITH COMPETITIVE DEPOSIT AND LOAN PRODUCTS. 7 7 291 0 0 -6276 0 0 48713183 48448826 1685954 601999 6855660 8230512 57254797 57281337 0 0 0 0 12832052 14831912 0 0 0 44501725 35995363 57333777 50827275 -78980 6454062 911484484 949519750 846212893 877794097 65271591 71725653 NONE. 0 0 50827275 PROMOTING THE FINANCIAL WELL BEING AND THRIFT OF OVER 100,000 MEMBERS BY PROVIDING LOAN AND SAVING SERVICES AT COMPETITIVE RATES. 50827275 0 0 0 0 0 0 0 0 1 1 0 0 1 1 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 0 1 66117 0 1 291 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X RONALD NEUMANN 5416842347 2880 CHAD DRIVE EUGENE OR 97408 JENNIFER LUSHENKO 2.00 X 0 0 0 JANET MAYES 2.00 X 0 0 0 DOUGLAS WILKINSON 2.00 X 0 0 0 BEVERLY ANDERSON 2.00 X 0 0 0 TRUMAN BAIRD 2.00 X 0 0 0 GENEVIEVE PARKER 2.00 X 0 0 0 ABE KOSSOL 2.00 X 0 0 0 D AMANDA JONES 40.00 X X 257845 0 43543 LEE BEYER 2.00 X 0 0 0 RUSSELL DENNICK 40.00 X 132951 0 12469 RONALD NEUMANN 40.00 X 36200 0 5680 RICHARD DWYER 40.00 X 435109 0 52043 EDWARD RUBIN 40.00 X 193429 0 11680 AMY BRADLEY 40.00 X 183026 0 17612 CATHY STOPPEL 40.00 X 162223 0 6743 SCOTT ROOTS 40.00 X 130892 0 9880 1531675 0 159650 13 0 1 0 0 INTEREST ON LOANS/VISA 522100 40783123 40783123 FEES AND CHARGES 522100 7665703 7665703 48448826 1547463 1547463 116992 116992 116992 116992 945464 -945464 -945464 -945464 INTERCHANGE INCOME 525990 5087999 5087999 COMMISSIONS 525990 2946349 2946349 MISC INCOME 525990 79172 79172 8113520 57281337 55733874 0 1547463 488688 11326205 698044 1287756 1031219 49272 237466 3087365 1586832 1654080 1056665 1474557 119008 11064224 2398181 3130742 PROVISION FOR LOAN LOSS 6243927 LOAN SERVICING EXPENSE 2553520 MISCELLANEOUS OPERATING 568636 BANK SERVICE CHARGES 259358 DONATIONS & SCHOLARSHIP 242108 269422 50827275 13385308 11211649 64854113 66264313 121507 669294 725141098 785508478 2683684 3005741 35563084 15958226 21234591 19604858 69802533 52115856 14261650 11139561 911484484 949519750 5645455 10449384 74853 83569 840492585 867261144 846212893 877794097 X 0 0 0 0 65271591 71725653 65271591 71725653 911484484 949519750 6454062 0 X X 0 0 0 4391814 4391814 13107227 2519219 10588008 2258355 1035060 1223295 15805688 12403947 3401741 19604858 SW CORP CERTIFICATES 18000000 C CREDIT UNION CDS 300000 C FHLB STOCK 3722000 C MEMBER GATEWAYS 212859 C CREDIT UNION DIRECT LENDING 1000000 C STOCK IN FSCC 87895 C STOCK IN CU COOP SYS INC 483102 C INVESTMENT IN CU FINANCIAL ALLIANCE 10000 C AGENCY BOND SECURITIES 23000000 C BANK CDS 5300000 C 52115856 POSTRETIREMENT BENEFITS 1652114 MEMBER'S SHARES AND SAVINGS 865609030 867261144 57281337 50827275 6454062 6454062 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CREDIT UNION UNDERGOES AN ANNUAL ANALYSIS OF ITS VARIOUS TAX POSITIONS, ASSESSING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UPON EXAMINATION WITH RELEVANT TAX AUTHORITIES, AS DEFINED BY FIN NO. 48 (ASC 740-10). PART XI, LINE 8 - OTHER ADJUSTMENTS: UNDIVIDED EARNINGS X X X X 0 1 0 D AMANDA JONES 238683 0 0 0 19162 0 36500 0 9956 0 304301 0 0 0 RICHARD DWYER 72855 0 362150 0 104 0 46500 0 6206 0 487815 0 0 0 EDWARD RUBIN 29862 0 163567 0 0 0 0 0 12263 0 205692 0 0 0 AMY BRADLEY 0 0 183026 0 0 0 0 0 18109 0 201135 0 0 0 CATHY STOPPEL 34800 0 127423 0 0 0 0 0 7220 0 169443 0 0 0 PART I, LINE 4B RICHARD DWYER, 457F PLAN - $30,000 D AMANDA JONES, 457F PLAN - $20,000 FORM 990, PART VI, SECTION A, LINE 6 ANY INDIVIDUAL WITH AN ACCOUNT AT THE CREDIT UNION IS CONSIDERED A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE CREDIT UNION IS GIVEN ONE VOTE AND IS ABLE TO ELECT MEMBERS OF THE GOVERNING BODY AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MAJOR DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS, HOWEVER, DAY TO DAY DECISIONS ARE NOT SUBJECT TO MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS PROVIDED VIA EMAIL TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY IN PLACE FOR BOTH THE COMPANY AND THE BOARD. EXPECTATIONS CLEAR AT THE SENIOR MANAGEMENT LEVEL AND ARE COMMUNICATED DOWNWARD, THE ORGANIZATION HAS TRACKING PROCEDURES IN PLACE FOR POSSIBLE AND CONFIRMED CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 TOTAL COMPENSATION, INCLUDING BASE PAY, INCENTIVES AND OTHER BENEFITS, IS COMPARED AGAINST CUES EXECUTIVE COMPENSATION PROGRAM, MILLIMAN NW FINANCIAL INDUSTRY SURVEY RESULTS AND OTHER EXECUTIVE PUBLICATIONS/REPORTS. CEO COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD PERSONNEL COMMITTEE. COMPENSATION AMOUNTS ARE TRACKED FOR FUTURE REFERENCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE IN OVERSIGHT OR SELECTION PROCESS FROM PRIOR YEAR. FORM 990, PART IV, LINE 12A: THE CREDIT UNION RECEIVES AN ANNUAL AUDIT AS OF 9/30. THEREFORE, WHILE THE AUDITED FINANCIAL STATEMENTS ARE NOT OF THE TAX YEAR, THE CREDIT UNION IS AUDITED ON AN ANNUAL BASIS.