MY COMMUNITY CREDIT UNION

66th ANNUAL MEETING April 26, 2018

AGENDA

I. Call meeting to order

II. Ascertain that a quorum is present

III. Approval of 2017 Annual Meeting Minutes

IV. Chairman & President’s Report – Chair, Teresa Clingman

V. Treasurer’s Report

VI. Audit Committee Report – Chairman Supervisory Committee, Glen Luff

VII. Nominating Committee Chairman, John Boswell

VIII. Unfinished Business

IX. New Business

Recognition of Scholarship recipients

X. Adjournment

My Community Credit Union

Board of Directors, Audit

Committee, & Executive Staff

April 26 2018

BOARD OF DIRECTORS Teresa Clingman, Chair – Term Expires 2018

Terry Youngblood, Vice Chairman – Term Expires 2020

Bob Billhimer, Treasurer – Term Expires 2020

Glen Luff, Secretary – Term Expires 2018

Steve Shockley, Director – Term Expires 2018

Juan Luna, Director – Term Expires 2019

Charlotte Dunlap, Director – Term Expires 2019

Charlie Harris, Director – Term Expires 2020

John Boswell, Director – Term Expires 2019

ADVISORY MEMBER TO THE BOARD

Mitzi Baker

AUDIT COMMITTEE Glen Luff, Chairman

Tom Finnie

Mitzi Baker

Donna Neal

Mark Williams

Lezlie Veach

Stephanie Ramirez Genene DeLeon

Executive Staff CEO, Donna Neal

CFO, Mark Williams

CIO, Randy Stolp

COO, Lezlie Veach (Change in title and position from VP Operations)

VP Consumer Lending, Dan Hendrix

SVP Human Resources, Alton Overall (Change in title from VP of HR)

Marketing Manager, Autumn Blankenship

VP Branch Operations, Genene DeLeon (Change in title and positionfrom Compliance Manager)

VP Operations Support, Stephanie Ramirez (Change in title andposition from Branch Operations Manager)

Balance Sheet Dec‐17 Dec‐16 ChangeTotal Loans 244,843,683   227,746,660   17,097,023 Allowance for Loan Losses (2,838,907)      (2,459,867)      (379,040)      Cash and Investments 86,294,945     88,809,462     (2,514,517)  Fixed Assets 14,529,507     13,883,871     645,637       Other Assets 8,236,747       7,139,862       1,096,884    Total Assets 351,065,975  335,119,988  15,945,987 Liabilities 10,230,721     10,676,401     (445,680)      Total Deposits 303,931,600   289,775,128   14,156,472 Equity Capital 36,903,654     34,668,459     2,235,195    Total Liabilities and Equity 351,065,975  335,119,988  15,945,987 

Income StatementLoan Income 11,076,857     10,410,451     666,407       Investment Income 1,034,027       889,190            144,837       Other Income 7,975,061       7,025,588       949,474       Total Income 20,085,946     18,325,228     1,760,718    Operating Expenses 13,491,592     12,718,723     772,870       Provision for Loan Losses 3,162,557       2,721,701       440,857       Dividend Expenses 1,449,739       1,368,699       81,039         Total Expenses 18,103,888     16,809,123     1,294,765    Net Income 1,982,058       1,516,105       465,953       

Dec‐17 Dec‐16 ChangeMembers 30,554 28,473 2081

Financial Statements and other Key FiguresTreasurer's Report

 ‐

 50,000,000.00

 100,000,000.00

 150,000,000.00

 200,000,000.00

 250,000,000.00

 300,000,000.00

 350,000,000.00

 400,000,000.00

Dec‐13 Dec‐14 Dec‐15 Dec‐16 Dec‐17

Assets

 ‐

 50,000,000.00

 100,000,000.00

 150,000,000.00

 200,000,000.00

 250,000,000.00

 300,000,000.00

 350,000,000.00

Dec‐13 Dec‐14 Dec‐15 Dec‐16 Dec‐17

Deposits

 23,000

 24,000

 25,000

 26,000

 27,000

 28,000

 29,000

 30,000

 31,000

Dec‐13 Dec‐14 Dec‐15 Dec‐16 Dec‐17

Members

 ‐

 50,000,000.00

 100,000,000.00

 150,000,000.00

 200,000,000.00

 250,000,000.00

 300,000,000.00

Dec‐13 Dec‐14 Dec‐15 Dec‐16 Dec‐17

Loans

 ‐

 5,000,000.00

 10,000,000.00

 15,000,000.00

 20,000,000.00

 25,000,000.00

 30,000,000.00

 35,000,000.00

 40,000,000.00

Dec‐13 Dec‐14 Dec‐15 Dec‐16 Dec‐17

Capital

 ‐

 500,000.00

 1,000,000.00

 1,500,000.00

 2,000,000.00

 2,500,000.00

Dec‐13 Dec‐14 Dec‐15 Dec‐16 Dec‐17

Net Income

Nominating Committee ReportThe Chairman for the Nominating Committee for 2018 is John Boswell. There are two additional Committee Members,

Charlie Harris and Robert (Bob) Billhimer. The 2018 Slate of Board of Directors for the three expiring terms have been

selected and the nominees are:

TERESA CLINGMAN

Teresa J. Clingman was appointed District Attorney of Midland County in August, 2007 after serving Midland as a

prosecutor for over 20 years. Teresa retired as District Attorney of Midland County as of December 31, 2016. She

received her B.A. in Speech Communications/Radio and Television Broadcasting from the University of Oklahoma. She

attended law school obtaining her J.D. from St. Mary’s University in San Antonio, Texas. She has served on the Boards of

many Midland organizations including the Midland Rape Crisis Center and Children’s Advocacy Center, Midland Battered

Women’s Center (Safe Place), Junior Women’s Association, Midland Employees Federal Credit Union and Grace Lutheran

Church and is now also serving on the Crime Stopper’s Board of Directors. She has taught at Midland College as an adjunct

professor and has been a trainer for the Children’s Advocacy Center of Texas since 2006. Teresa has served on the Board

of Directors for My Community Credit Union since April 2010.

STEVE SHOCKLEY

Steve Shockley has served on the MCCU Board of Directors for over 29 years. He currently serves on the ALCO (Asset

Liability Committee) and Executive Loan Committees. Steve has also been a past Chairman of the Board. Originally from

Missouri, Steve currently lives in Houston, Texas with his spouse, Peggy. Their son, Keith, also lives in Houston while their

other son, Ben, lives in Austin. Their daughter, Jamie, her husband, Pat, and their granddaughter, Lily, reside in St. Louis.

Steve is currently self-employed in software development after retiring from a 28 year career in the oil industry. He has a

Bachelor of Science degree in Chemical Engineering from the University of Missouri at Rolla.

GLEN LUFF

Glen is a retired Petroleum Geologist with 58 years of experience in the oil and gas industry in Oklahoma, West Texas and

Southeast New Mexico. He has a Bachelor and Master of Science Degree from the University of Oklahoma and a Certificate

for a one year USAF special course in Meteorology at UCLA. He served in the USAF during the Korean War from 1951-

1955. Glen worked for Atlantic (Refining) Richfield Company (ARCO) for 22 years in Tulsa, Oklahoma City, Roswell, Dallas

and Midland. The next 10 years after ARCO was with A.G. Hill, Dallas Independent, Aminoil, and Coastal Oil and Gas, all in

Midland. Industry downsizing led to opening an office as a consulting geologist in 1988 to a closing in 2014. While with

ARCO, he served as a Loan Officer on the Loan Committee from 1975-78 for Midland Atlantic Federal Credit Union,

predecessor to My Community CU. He became active again with MCCU with the acceptance to the Audit Committee in

2012 and assumed Chair of the Committee in 2013. He was appointed to the Board of Directors to fill a vacancy in 2016

and currently serves both groups.

Nominations will not be taken from the floor.

If you are interested in submitting an additional name for consideration, you must (1) request a formal

petition (2) collect signatures from 250 eligible voters and (3) submit the petition request along with

signatures to My Community prior to March 16, 2018. For any additional information or to receive a petition,

please contact the Nominating Committee at 432-687-8470.

th

66 Annual Meeting April 26, 2018

Products & Services Offered Report

Accounts Offered: Lending Products Offered:

Free KASASA Reward Share Draft Account

Share Account

Basic Draft Account

Prime Time Share Draft Account

CU Succeed Account

Youth Share Account

Fresh Start Share Draft Account

Money Market Account

Christmas Club Account

Certificate of Deposit Account

IRA Account

Personal Loan

Share Secured Loan

Auto Loan

Recreational Vehicle Loan

Partially Collateralized Loan

Student Loan

Credit Card (Consumer, Business & Rewards) Mortgage Loan

Home Equity Loan

Home Improvement Loan

Land Loan

Business Account Commercial Real Estate Loan Commercial Equipment Loan

Other Services Offered:

Online Banking

Bill Pay

Online Loan Application

My 24/7 Automated Phone Service

Night Deposits

EMV Debit Cards

EMV Credit Cards

Mobile Application

ATMs with Deposit Feature

Remote Deposit Capture

Identity Theft Protection

Spanish Website

Saturday Hours

Coin Counter Machines

Cashier’s Checks

Money Orders

High School Financial Education Courses

Investment Services

Notary Services

Medallion Stamp Guarantee

Wire Transfers

Western Union Transfers

Bank to Bank Transfers

ACH Debits/ Credits /Originations

Online Account Opening

Mobile Wallet (Apply Pay & Android Pay)

th

66 Annual Meeting April 26, 2018

Changes since the Last Annual Report

Services Offered

Money Mammals Young Savings Accounts

Rewards Credit Card

Senior Management Staff

COO – Lezlie Veach (Change in title and position from VP Operations)

SVP Human Resources – Alton Overall (Change in title from VP of HR)

VP Branch Operations – Genene DeLeon (Change in title and position from Compliance Manger)

VP Operations Support – Stephanie Ramirez (Change in title and position from Branch Operations

Manager)

Bylaws or Articles of Incorporation

My Community’s Bylaws and Articles of Incorporation were updated to reflect the addition of Allen

County, Texas to our field of membership. This field of membership expansion was approved by the

Texas Credit Union Department in December of 2017, effective January of 2018.

2018 Scholarship Recipients

Cassi Mebane is a Greenwood High School student graduating this

spring. She has played basketball all four years of high school, as well as being a part of student organizations

such as Interact and NHS. Cassi plans on attending the University of Texas this fall majoring in Biochemistry in

hopes of moving on to dental school upon college graduation.

Julia Sharum is excited to attend Texas A&M University in the fall, where she

will be pursuing her undergraduate degree in Biomedical Engineering, and then a Master of Science in

Business. Julia was born in Houston, Texas and has resided in Denver, Tulsa and has loved living in West Texas

for the past 7 years. She has enjoyed playing varsity basketball for Trinity School of Midland, earning

Defensive MVP her Junior and Senior Year. She also enjoyed running cross country. She earned the title of

Trustee Scholar every year through her high school career. She is also actively involved in her church,

spending time singing in the choir and serving as a counselor on retreats. Julia loves giving back to her in her

volunteer work with the Numana Food Kitchen and with the Bynum School Share Program. One of Julia’s

favorite activities involved preparing and leading a Bible Study for young girls. She also helped organize

Hurricane Harvey relief efforts with several of her friends from Trinity School. She loved going on a mission

trip to work with Kids Across America. Julia is very grateful for the generous scholarship she is receiving from

My Community Credit Union. She loves learning and is looking forward to beginning her college adventures.

Isabelle Jimenez attended Grady ISD, a small high school in

Lenorah, Texas where she graduated top of her class. She is currently a freshman at The University of Texas of

the Permian Basin. Isabelle hopes to earn her Master’s Degree in Science of Nursing and become a family

nurse practitioner. For this academic year, Isabelle was elected to represent the nursing department on

UTPB’s Student Senate. Through senate, she was able to experience the joy of giving to her fellow peers and

UTPB as a community. Donating and working blood drives, food banks and university events has helped and

continues to help Isabelle accomplish her dreams. She is excited to represent the department for the 2018-

2019 academic year and will continue to make progress in this community. Isabelle gives all the glory to God

for the many blessings.

Cylie Mebane was raised in Midland, Texas and is the oldest daughter of

four. She graduated in 2017 as the Valedictorian of her class. Cylie is currently a first-year undergraduate

student at Texas Tech University. She is majoring in Finance at the Rawls College of Business, where she

recently made the President’s List. Cylie is also working part time as a law clerk in downtown Lubbock.

Sema’J Davis is currently an undergraduate student at

Abilene Christian University. He will be playing football for Abilene Christian University as a quarterback this

season. Sema’J is pursuing a Bachelor’s degree in Kinesiology with an emphasis on nursing and hopes to

pursue a career in Sports Medicine or Nursing. He is a 2017 graduate of Midland Lee where he received

several accolades as a student athlete, lettering all 4 years in basketball and named all district. He is a 2 year

letterman in football, named both all district and all academics. Sema’J was a member of the Spanish Honor

Society as well as the National Honor High School Society. He hopes the he can apply and utilize his education

in a field which he is very passionate about – Science. He has been a member of My Community Credit Union

for five years and has had opportunities to participate in some of the community activities provided by the

Credit Union. Sema’J feels truly blessed and grateful for the Scholarship provided to him and would like to

thank the My Community Credit union family for being such a support to him.

Owusu Bafour (Obie) is a senior at the University of Texas of

the Permian Basin. He originally hails from Thana-West Africa but was raised in Toronto-Canada. He is

currently completing a dual degree in Business Marketing and Political Science. Obie served on the UTPB

Student Senate in 2016 as their Public Relations Officer and pioneered lobbying efforts to enhance the

incorporation of internships into the academic curriculum. In 2017, Obie was awarded a competitive

scholarship to participate in the highly selective Bill Archer Fellowship Program in Washington, DC where he

lived while interning with Congressman Andy Biggs at the US Capitol Hill. He also interned with “Innocents at

Risk”, working on humanitarian endeavors geared at curbing child trafficking globally. While living in Canada,

Obie was a realtor specializing in real estate sales and development as well as staying involved with Ghana

Association of Hamilton and Empowered Squared where he hosted events to promote Pan-African unity in the

community. At UTPB, Obie leads a campus based-ministry called “Winners Fellowship” that gathers students

at UTPB and neighboring colleges for worship and prayer. He is eager to influence students to make good

decisions in life and strive for the optimal best in their life and education. After graduation, Obie plans to

attain his Master’s in Business Administration followed by a J.D.

Ashley Raudales is a first-generation high school and college graduate.

She migrated to the United States at the age of 5 and attended school in Midland, Texas. As a child, Ashley

attended Crockett Elementary, Gifted Education of Midland (GEM), and Carver Center. In middle school,

Ashley attended San Jacinto Junior High School and then pursued a challenging education at Early College High

School at Midland College. At the age of 18, Ashley graduated early in the fall of 2017 with both her high

school diploma and a 75 college credit hour associate of science degree. She is currently attending the

University of Texas of the Permian Basin, in which she is studying mechanical engineering, and plans to

graduate in the spring of 2020.

Joseph McClaine is a senior at Midland High School, graduating in the

top 10% of the class. Joseph is a member of the National Honor Society and Academic Letterman 9th-12th

grades. He is President of the MHS robotics Club and team captain for the MHS First Tech Challenge Robotic

team 4906 Junkyard Dawgs in 2017 and 2018. The Robotics Team qualified for Super Regionals in 2016 and

regionals in 2016, 2017 and 2018. Joseph is an Eagle Scout and member of the Order of the Arrow, the

National Scouting honor society. He serves as Junior Assistant Scoutmaster for BSA Troop 152. Joseph plans

to attend Texas Tech University and major in Computer Science.

Joseph Barron was born and raised in Midland, Texas by his mother,

Adena Barron. Joseph graduated from Midland High School in 2017. In high school he participated in several

sports; basketball, football and track, but his passion has been for football. Joseph was on the Varsity team for

two years and was named Second team All-District in 2017. He is currently a first-year undergraduate student

at West Texas A&M, where he is pursuing a bachelor’s degree in Mechanical Engineering with a minor in

Sports and Exercise Science. Joseph is also a member of the West Texas A&M football team as middle

linebacker. Upon graduation, he has a desire to enlist in the Navy to begin his career. Joseph feels blessed

and grateful to be able to continue his education at West Texas A&M and is very thankful to My Community

Credit Union for making this possible as a recipient of this Scholarship.