2023-05-12T10:10:31-07:00 2022-12-31 990 2022-01-01 590703071 STATE CHARTERED CREDIT UNIONS IN FLORIDA STAT 8136435572 1225 MILLENNIUM PARKWAY BRANDON FL 33511 MARY WOOD PRESIDENT/CEO 8136435572 2023-05-12 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z FLORIDA WEST COAST CREDIT UNION 1225 MILLENNIUM PARKWAY BRANDON FL 33511 4771477 0 X FWCCU.COM X CREDIT UNION 1942 FL NONPROFIT COOPERATIVE TO PROMOTE FISCAL RESPONSIBILITY AMONG ITS MEMBERS AND TO PROVIDE REASONABLE LOAN RATES AND COMPETITIVE SAVING AND INVESTMENT RATES 7 0 33 10 0 0 0 0 2255692 2371657 672734 1108039 1528030 1291781 4456456 4771477 0 0 246560 234625 1818074 1613242 0 0 0 1749415 1843722 3814049 3691589 642407 1079888 128880841 126812335 116511094 118470029 12369747 8342306 A NONPROFIT COOPERATIVE TO PROMOTE FISCAL RESPONSIBILITY AMOUNG ITS MEMBERS AND TO PROVIDE REASONABLE LOAN RATES AND COMPETITIVE SAVING AND INVESTMENT RATES 0 0 3691589 0 0 CREDIT UNION 0 0 0 3691589 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 33 1 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 FL X X VICKIE CUTTING 8136435572 1225 MILLENNIUM PARKWAY BRANDON FL 33511 MARY OTT WOOD PRESIDENT/CEO 50 0 X X 268321 0 0 ELIZABETH CHAVEZ EVP 45 0 X X 113208 0 0 VICKIE CUTTING VP OF ACCOUNTING 45 0 X X 92322 0 0 JUSTIN DESKINS ASSISTANT VP OF MARKETING 45 0 X X 91965 0 0 EDWARD HAMP VP OF OPERATIONS AND MARKETING 45 0 X X 84884 0 0 NANCY MILLAN DIRECTOR 1 0 X 0 0 0 BONNIE WISE VICE CHAIRMAN 1 0 X 0 0 0 CHRIS BOLES CHAIRMAN OF BOARD 1 0 X 0 0 0 VEDA LANDERS DIRECTOR 1 0 X 0 0 0 DONNA LUSCZYNSKI DIRECTOR 1 0 X 0 0 0 MIKE WELLS DIRECTOR 1 0 X 0 0 0 MANNY LONG TREASURER 2 0 X 0 0 0 650700 0 0 2 0 1 0 0 0 0 0 0 0 0 0 0 INTEREST INCOME 900099 2371657 2371657 0 0 0 0 0 0 2371657 1108039 1108039 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FEE INCOME 900099 1291781 1291781 0 0 0 0 0 0 1291781 4771477 4771477 0 0 0 0 0 0 0 0 234625 234625 650700 650700 0 0 729695 729695 0 0 0 0 0 0 59732 59732 0 0 173115 173115 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 0 0 0 0 0 0 599824 599824 0 0 0 0 0 0 0 0 0 0 214573 214573 0 0 53254 53254 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 LOAN LOSS PROVISION 39690 39690 0 0 STATE AND OPERATING FEES 34851 34851 0 0 ASSOCIATION DUES 22559 22559 0 0 OUTSIDE AND PROFESSIONAL EXPENSES 804325 804325 0 0 74646 74646 0 0 3691589 3691589 0 0 1371924 1305986 22284936 11683365 0 21117 5250 504215 471389 51786533 58050492 194314 225970 2612359 1679508 1010144 932851 50373858 52114707 1333800 2022325 128880841 126812335 1620396 2074129 114890698 116395900 116511094 118470029 X 0 0 0 0 12369747 8342306 12369747 8342306 128880841 126812335 X 1079888 0 0 0 0 -5107329 X 0 1 X 1 0 465000 0 465000 1001879 0 615462 386417 323895 0 323806 89 782585 0 710991 71594 39000 0 29249 9751 932851 FED AGENCY SECURITY 10571358 F CMO 1360910 F MORTGAGE BACKED SECURITIES 11000461 F SBA'S 8116927 F BROKERED CD'S 20312000 F TRADING ACCOUNT 753051 F 52114707 MEMBER SHARES 116395900 116395900 4771477 0 0 0 0 0 4771477 0 0 0 4771477 3691589 0 0 0 0 0 3691589 0 0 0 3691589 X 1 1 X X X 0 0 0 MARY OTT WOOD PRESIDENT/CEO 238793 0 29528 0 0 0 0 0 0 0 268321 0 Schedule J, Part I, Line 1a TRAVEL REIMBURSEMENT IS DEFINED BY CREDIT UNION POLICY Schedule J, Part I, Line 3 CONTRACT CLEARLY DEFINES, COMPENSATION SURVEY COMPLETED EVERY 2 YEARS GREGORY ALFORD AUDIT COMMITTEE AUTO X 56204 49799 0 1 1 LISA BROWN AUDIT COMMITTEE AUTO X 34731 5227 0 1 1 ELIZABETH CHAVEZ EVP AUTO X 33948 17004 0 1 1 VICKIE CUTTING VP OF ACCOUNTING HELOC X 24257 22673 0 1 1 EDWARD HAMP JR VP OF OPERATIONS HOLIDAY LOAN X 2500 2423 0 1 1 EDWARD HAMP JR VP OF OPERATIONS BOAT X 20437 16932 0 1 1 DONNA LUSCZYNSKI DIRECTOR BOAT X 34427 30047 0 1 1 NANCY MILLAN DIRECTOR VISA X 10000 7321 0 1 1 BONNIE WISE DIRECTOR HELOC X 353970 302954 0 1 1 VICKIE CUTTING VP OF ACCOUNTING VISA X 11000 9934 0 1 1 ELIZABETH CHAVEZ EVP VISA X 3500 3329 0 1 1 VEDA LANDERS DIRECTOR VISA X 10000 3746 0 1 1 471389 Form 990, Part VI, Section A, Line 6 EACH MEMBER PURCHASES A SHARE IN THE CREDIT UNION WHICH INCLUDES OWNERSHIP IN THE CO OPERATIVE AND VOTING RIGHTS AT THE ANNUAL MEETING Form 990, Part VI, Section A, Line 7a AT THE ANNUAL MEETING HELD BY THE CREDIT UNION, MEMBERS UTILIZING THEIR VOTING RIGHTS ELECT AND RE-ELECT THE BOARD OF DIRECTORS. THERE IS A NOMINATION PROCESS HELD PRIOR TO THIS WHERE NOTICES ARE POSTED TO THE MEMBERSHIP Form 990, Part VI, Section B, Line 11b INFORMATION IS INPUT BY THE VP OF ACCOUNTING AND REVIEWED BY THE PRESIDENT/CEO AND THEN SUBMITTED Form 990, Part VI, Section B, Line 12c ANY DIRECT OR INDIRECT CONFLICT OF INTEREST BETWEEN AN EMPLOYEE AND THE CREDIT UNION IS PROHIBITED. FLORIDA WEST COAST CREDIT UNION UPDATES THE POLICY ANNUALLY AND MONITORS IT CONTINUOUSLY Form 990, Part VI, Section B, Line 15 COMPENSATION SURVEY IS COMPLETED BY A THIRD PARTY VENDOR ON A BI-ANNUAL BASIS Form 990, Part VI, Section C, Line 18 TAX RETURNS ARE AVAILABLE FOR REVIEW UPON REQUEST Form 990, Part VI, Section C, Line 19 ADDITIONAL FORMS TO INCLUDE POLICIES, OUR CHARTER, BY LAWS AND ADDITIONAL DOCUMENTS ARE ALSO AVAILABLE FOR REVIEW IF REQUESTED Form 990, Part XI, Line 9 FIGURE FROM PREVIOUS UNREALIZED GAINS AND LOSSES