2026-06-17T12:11:59-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2025-01-01 410802271 EXPEDITION CREDIT UNION EXPE 6512640669 1270 NORTHLAND DRIVE SUITE 350 MENDOTA HEIGHTS MN 55120 SHAWN LANNIER CEO 6512640669 2026-06-16 1 LISA N RYSSEL CPA P00643670 7147955370 2026-06-16 2025 2025-03-06 01:10:19Z SHAWN LANNIER 1270 NORTHLAND DRIVE SUITE 350 MENDOTA HEIGHTS MN 55120 10914502 0 X WWW.EXPEDITIONCU.COM X CU 1957 MN EXPEDITION CREDIT UNION IS A NOT FOR PROFIT FINANCIAL COOPERATIVE OPERATING TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBER OWNERS THROUGH REAL FINANCIAL SOLUTIONS. 5 5 41 0 3600 0 0 0 8337112 8169122 1942720 2498955 246163 246425 10525995 10914502 0 0 3053744 2994619 2834048 3124077 0 0 0 4846989 5032357 10734781 11151053 -208786 -236551 227611177 220334535 207607168 199218876 20004009 21115659 EXPEDITION CREDIT UNION IS A NOT FOR PROFIT FINANCIAL COOPERATIVE OPERATING TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBER OWNERS THROUGH REAL FINANCIAL SOLUTIONS. 0 0 TO PROVIDE AFFORDABLE CONSUMER LENDING PRODUCTS TO OUR MEMBERS. IN 2025 WE ORIGINATED 1,051 LOANS FOR A TOTAL OF $36,352,761.72. TO PAY FAVORABLE DIVIDENDS ON SAVINGS AND INVESTMENT PRODUCTS TO OUR MEMBERS. IN 2025 WE PAID $2,995,057.03 IN DIVIDENDS TO MEMBERS ON VARIOUS PRODUCTS. TO OFFER AFFORDABLE AND CONVENIENT ELECTRONIC AND CHECKING PRODUCTS TO OUR MEMBERS. 0 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 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 3511 0 1 41 1 1 1 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 MN X SHAWN LANNIER 6512640669 1270 NORTHLAND DR STE 350 MENDOTA HEIGHTS MN 55120 RAMONA SPRINGIS-DOSS CHAIRMAN 1.00 X X 1588 0 0 DWAYNE JOHNSON BOARD MEMBER 1.00 X 1463 0 0 JAMES SMOLA BOARD MEMBER/VICE CHAIR 1.00 X X 1350 0 0 JORDAN FORD BOARD MEMBER/SECRETARY 1.00 X X 1188 0 0 PHILLIP STERNER BOARD MEMBER 1.00 X 1038 0 0 SHAWN LANNIER CEO 38.00 X 224456 0 34016 PAUL R DAMMANN PRESIDENT/CEO 38.00 X 228270 0 28956 BRANT PUTTKAMMER CTO 38.00 X 152791 0 24806 CALEB HENNEK VP FINANCE 38.00 X 139061 0 16564 ANGELA SEELEY VP LENDING 38.00 X 106383 0 12720 857588 0 117062 5 0 1 0 JT EGNER CONSTRUCTION 17595 KENWOOD TRL STE 250 LAKEVILLE MN 55044 WOODBURY BRANCH BUILDOUT 342988 PRESIDIO NETWORKED PO BOX 677638 DALLAS TX 75267 MANAGED IT SERVICES 215848 GLIA TECHNOLOGIES PO BOX 200885 PITTSBURGH PA 15251 PHONE/LIVE CHAT PROVIDER 199021 TYFONE INC 5331 S MACADAM AVE STE 251 PORTLAND OR 97239 ONLINE BANKING PROVIDER 191841 STRUM 2033 6TH AVE STE 600 SEATTLE WA 98121 MARKETING FUNNELS/DATA MANAGER 109037 7 LOAN INTEREST 522100 7059229 7059229 OTHER INCOME 522100 672604 672604 FEE INCOME 522100 437289 433689 3600 8169122 2498955 2498955 OTHER NON-OPERATING INCOME 522100 246425 246425 246425 10914502 8411947 3600 2498955 2994619 855547 1818520 68003 174227 207780 42079 135468 633341 300390 1800624 624217 32056 438 332632 11262 LOAN SERVICING EXPENSE 618569 PROVISION FOR CREDIT L 450342 MISCELLANEOUS OPERATING 38939 OPERATING FEES 12000 11151053 292903 250641 10213408 5785158 175870 504734 2337564 2377118 123581016 117773130 2570423 1968271 6324608 2280367 3803547 4044241 73858441 76138183 6828000 7818000 3950005 3675059 227611177 220334535 1984425 1728445 205622743 197490431 207607168 199218876 X 0 0 0 0 20004009 21115659 20004009 21115659 227611177 220334535 -236551 1348201 0 X X 0 0 0 1465000 1465000 3375283 1523353 1851930 1484325 757014 727311 4044241 SECURITIES - HTM 992000 C SECURITIES - AFS 75146183 F 76138183 MEMBER SAVINGS 197490431 197490431 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT, UNDER INTERNAL REVENUE CODE (IRC) 501(C)(14), FROM FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE AS UNRELATED BUSINESS INCOME. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF SEPTEMBER 30, 2025 AND 2024. THE CREDIT UNION'S 2022 AND SUBSEQUENT TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. 0 0 0 SHAWN LANNIER CEO 212597 0 7500 0 4359 0 12756 0 21260 0 258472 0 0 0 PAUL R DAMMANN PRESIDENT/CEO 218270 0 10000 0 0 0 8969 0 19987 0 257226 0 0 0 BRANT PUTTKAMMER CTO 144456 0 4950 0 3385 0 9271 0 15535 0 177597 0 0 0 CALEB HENNEK VP FINANCE 139061 0 0 0 0 0 8282 0 8282 0 155625 0 0 0 PAUL DAMMANN PRESIDENT/CEO SPLIT DOLLAR PLAN X 1935000 2377118 0 1 1 2377118 FORM 990, PART VI, SECTION A, LINE 6 EACH PERSON WITH AN ACCOUNT AT THE CREDIT UNION IS CONSIDERED A MEMBER. THE CREDIT UNION'S MEMBERS HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY AND ALSO RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS IN THE FORM OF CASH DIVIDENDS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS ONE VOTING SHARE AT THE ANNUAL MEETING. ALL VOTING MEMBERS HAVE THE SAME VOTING RIGHTS. MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO PERIODICALLY ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B 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. EACH MEMBER HAS ONE VOTING SHARE AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE VP OF FINANCE AND REVIEWED BY THE CEO. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS APPROVED BY THE BOARD OF DIRECTORS AFTER REVIEW OF COMPARABLES. COMPENSATION FOR OTHER OFFICERS IS DETERMINED BY THE PRESIDENT AFTER REVIEW OF COMPARABLES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. WE GOT A NEW CEO IN 2025. FORM 990, PART VI, SECTION C, LINE 18 FINANCIAL STATEMENTS POSTED AT EACH BRANCH AND ARE REVIEWED AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL MEETING. FORM 990, PART XII, LINE 2B: AS ALLOWED BY STATE REGULATORY AUTHORITIES, THE AUDIT IS DONE AS OF SEPTEMBER 30. THE REPORTING PERIOD FOR THE AUDIT, THEREFORE, DOES NOT MATCH THE REPORTING PERIOD FOR THE 990. FORM 990, PART XII, LINE 2C: THE SUPERVISORY COMMITTEE OVERSEES THE AUDIT AND THE SELECTION OF AN INDEPENDENT AUDITOR. EXPEDITION FOUNDATION 1270 NORTHLAND DR STE 350 MENDOTA HEIGHTS MN 55120 261915313 FOUNDATION TO AWARD SCHOLARSHIPS AND GRANTS. MN 501(C)(3) PF EXPEDITION CREDIT UNION 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 NO TRANSACTIONS OVER 50000