CREDIT UNIONS IN THE STATE OF WASHINGTON TAPCO CREDIT UNION
6312 - 19TH STREET WEST, TACOMA, WA 98466 www.tapcocu.org

Total Revenue
$19,064,995
Total Expenses
$15,481,875
Net Assets
$34,268,024

Organizations Filed Purposes: WE ARE A FINANCIAL COOPERATIVE COMMITTED TO IMPROVING LIVES BY PARTNERING WITH FAMILIES TO REACH THEIR GOALS AND IMPACTING OUR COMMUNITY BY HELPING INDIVIDUALS REALIZE THEIR FULL POTENTIAL. WE VALUE TRUST AND UNDERSTANDING, RESPECT FOR OURSELVES AND OTHERS, INTEGRITY IN ALL THAT WE DO, HOLDING OURSELVES AND EACH OTHER ACCOUNTABLE AND COOPERATION.

IMPROVING LIVES BY PARTNERING WITH FAMILIES TO REACH THEIR GOALS.

TAPCO CREDIT UNION PROVIDES FINANCIAL PRODUCTS AND SERVICES TO OVER 29,000 MEMBERS, INCLUDING MORE THAN 18,000 CONSUMER, REAL ESTATE, AND BUSINESS LOANS AND OVER 47,000 DEPOSIT ACCOUNTS. SERVICES OFFERED INCLUDE ONLINE BANKING AND BILL PAY, BRANCHES, ATMS, SAFE DEPOSIT BOXES, SHARED BRANCHING, ACH AND WIRE TRANSFERS.

2018 WAS ANOTHER EXCITING YEAR FOR TAPCO CU. TAPCO HAS BEEN A PART OF THE TACOMA-PIERCE COUNTY COMMUNITY FOR 85 YEARS. IN 2018 WE LAUNCHED A CONSUMER LOAN ORIGINATION SYSTEM, DEVELOPED A CREDIT REPAIR & COUNSELING PROGRAM, ENHANCED FIRST MORTGAGE PROCESSING, INCREASED FINANCIAL EDUCATION CONTENT AND EXPANDED MEMBER ENGAGEMENT THROUGH SOCIAL MEDIA & DIGITAL CHANNELS. WE CONTINUE TO FOCUS ON OUR TAGLINE, "FOR THE LOVE OF PEOPLE", WHICH EMBODIES OUR MISSION STATEMENT, AND EMPHASIZES OUR COMMITMENT TO THE CREDIT UNION PHILOSOPHY OF "PEOPLE HELPING PEOPLE". IN 2018, OUR STAFF, BOARD VOLUNTEERS, AND MEMBERSHIP DEDICATED THEIR TIME AND MONEY TO SUPPORT LOCAL COMMUNITY PROGRAMS AND EVENTS. OUR EMPLOYEES PROUDLY DONATED MORE THAN 3,300 HOURS OF THEIR PROFESSIONAL AND PERSONAL TIME TO LOCAL ORGANIZATIONS THROUGHOUT OUR COMMUNITY.

WE CONTINUED TO INCREASE MEMBER LOANS SIGNIFICANTLY. TAPCO'S LOAN PORTFOLIO IS DISTRIBUTED ACROSS MANY LOAN TYPES, INCLUDING OVER $76 MILLION IN MORTGAGES AND EQUITY LOANS, OVER $116 MILLION IN AUTO LOANS AND $56 MILLION IN COMMERCIAL LOANS. TAPCO PEAK MEMBER REWARDS PROGRAM RECOGNIZES MEMBERS FINANCIAL RELATIONSHIP WITH TAPCO AND OFFERS BETTER RATES AND FREE SERVICES. REWARDS BENEFITS MAY APPLY TO ALL FAMILY MEMBERS LIVING IN THE SAME HOUSEHOLD BY LINKING FAMILY MEMBERSHIPS, YOUR HIGH SCHOOL, COLLEGE STUDENT, OR OTHER FAMILY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Carlyn RoyPRESIDENT40$277,156
Scott DrabbCFO40$214,211
John EyreAVP OF IT40$134,936
Debbie ScolesCONTROLLER40$112,111
Kerry KeelyMEMBER BUSINESS LENDING OFFICER40$110,752
Lori StanawayAVP OF BRANCH OPERATIONS40$103,385
Heather FateRISK MANAGEMENT OFFICER40$100,624
Alex WilsieDIRECTOR1$0
Fred WagnerDIRECTOR1$0
Steve PoythressDIRECTOR1$0
Rob MaskoDIRECTOR1$0
Bruce BaurichterDIRECTOR1$0
Pat McelligottSECRETARY/TREASURER (MAY-DEC)1$0
Eileen LewisSECRETARY/TREASURER (JAN - APR)1$0
John ColeVICE CHAIR1$0
Ed TroyerCHAIR (JAN-APR)/DIRECTOR (MAY-DEC)1$0
Clara NelsonVICE CHAIR (JAN-APR)/CHAIR (MAY-DEC)2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201943099349302619_public.xml