Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2020 • EIN 38-1514946

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 18, 2021

Organization ProfileWWW.SECURITYCU.ORG

View Organization Page

5255 Security Park BlvdHolly, MI 48442

(810) 235-2322

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

89th percentile

0.92x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

18.43x

Higher debt load relative to revenue than 39% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Net Margin

29th percentile

7.4%

Higher net margin than 29% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Top Officer Pay

63rd percentile

$476,033

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2020

Asset Growth

77th percentile

21%

Faster asset growth than 77% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

3.2%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$541,296,388

Up $95,475,354 (+21%) from 2019

Net Assets

Up

$43,549,768

Up $3,293,988 (+8.2%) from 2019

Liabilities

Up

$497,746,620

Up $92,181,366 (+23%) from 2019

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin29th percentile

Revenue

Up

$27,011,920

Up $848,324 (+3.2%) from 2019

Expenses

Up

$25,008,443

Up $779,140 (+3.2%) from 2019

Net Income

Up

$2,003,477

Up $69,184 (+3.6%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2010: $356,887,242Liabilities 2010: $327,683,982Net Assets 2010: $29,203,2602010Assets 2011: $355,801,669Liabilities 2011: $327,695,726Net Assets 2011: $28,105,9432011Assets 2012: $357,433,050Liabilities 2012: $328,500,108Net Assets 2012: $28,932,9422012Assets 2013: $380,950,718Liabilities 2013: $350,275,460Net Assets 2013: $30,675,2582013Assets 2014: $382,709,524Liabilities 2014: $349,432,077Net Assets 2014: $33,277,4472014Assets 2015: $406,245,681Liabilities 2015: $370,909,335Net Assets 2015: $35,336,3462015Assets 2016: $411,269,952Liabilities 2016: $375,210,547Net Assets 2016: $36,059,4052016Assets 2017: $415,381,893Liabilities 2017: $378,298,194Net Assets 2017: $37,083,6992017Assets 2018: $420,236,602Liabilities 2018: $383,170,975Net Assets 2018: $37,065,6272018Assets 2019: $445,821,034Liabilities 2019: $405,565,254Net Assets 2019: $40,255,7802019Assets 2020: $541,296,388Liabilities 2020: $497,746,620Net Assets 2020: $43,549,7682020Assets 2021: $601,751,923Liabilities 2021: $555,915,107Net Assets 2021: $45,836,8162021Assets 2022: $624,480,675Liabilities 2022: $583,476,701Net Assets 2022: $41,003,9742022Assets 2023: $638,584,325Liabilities 2023: $593,869,029Net Assets 2023: $44,715,2962023Assets 2024: $637,849,652Liabilities 2024: $587,356,323Net Assets 2024: $50,493,3292024

Highlighted filing

2020

Assets$541,296,388
Liabilities$497,746,620
Net Assets$43,549,768
Open 2020 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $24,204,0052010Revenue 2011: $19,296,389Expenses 2011: $20,393,706Net Income 2011: -$1,097,3172011Expenses 2012: $17,757,9442012Revenue 2013: $18,920,270Expenses 2013: $17,180,195Net Income 2013: $1,740,0752013Revenue 2014: $18,384,437Expenses 2014: $16,830,092Net Income 2014: $1,554,3452014Revenue 2015: $19,285,252Expenses 2015: $17,223,970Net Income 2015: $2,061,2822015Revenue 2016: $21,196,644Expenses 2016: $19,724,989Net Income 2016: $1,471,6552016Revenue 2017: $22,586,424Expenses 2017: $21,781,938Net Income 2017: $804,4862017Revenue 2018: $23,588,396Expenses 2018: $22,352,754Net Income 2018: $1,235,6422018Revenue 2019: $26,163,596Expenses 2019: $24,229,303Net Income 2019: $1,934,2932019Revenue 2020: $27,011,920Expenses 2020: $25,008,443Net Income 2020: $2,003,4772020Revenue 2021: $27,633,370Expenses 2021: $23,514,257Net Income 2021: $4,119,1132021Revenue 2022: $29,269,007Expenses 2022: $25,015,361Net Income 2022: $4,253,6462022Revenue 2023: $35,342,586Expenses 2023: $32,208,152Net Income 2023: $3,134,4342023Revenue 2024: $40,160,457Expenses 2024: $36,856,950Net Income 2024: $3,303,5072024

Highlighted filing

2020

Revenue$27,011,920
Expenses$25,008,443
Net Income$2,003,477
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 18, 2021
Return Version
2020v4.1
Gross Receipts
$32,163,321
Mission and Program Overview

Mission

We are our members' trusted, secure financial cooperative dedicated to providing exceptional value, personalized service, and convenience.

We are our members' trusted, secured financial cooperative dedicated to providing exceptional value, personalized service, and convenience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$351,930,899$369,315,005▲ $17,384,106
Investments in Publicly Traded Securities$5,013,357$46,376,219▲ $41,362,862
Investments Other Securities$17,586,324$43,840,386▲ $26,254,062
Rtn Earn Endowment Incm Other Fnds$40,255,780$43,549,768▲ $3,293,988
Cash and Non-Interest-Bearing Accounts$22,229,189$27,028,893▲ $4,799,704
Land, Buildings, and Equipment, Net$25,825,065$26,332,401▲ $507,336
Savings and Temporary Cash Investments$3,554,113$7,661,274▲ $4,107,161
Investments Program Related$4,469,600$4,662,424▲ $192,824
Accounts Receivable$839,133$1,409,865▲ $570,732
Prepaid Expenses and Deferred Charges$898,870$867,713▼ $31,157
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$445,821,034$541,296,388▲ $95,475,354
Other Assets Total$13,474,484$13,802,208▲ $327,724
Liabilities
Other Liabilities$397,177,009$487,333,784▲ $90,156,775
Accounts Payable and Accrued Expenses$8,388,245$10,412,836▲ $2,024,591
Total Liabilities$405,565,254$497,746,620▲ $92,181,366
Net Assets / Fund Balance
Total Net Assets Fund Balance$40,255,780$43,549,768▲ $3,293,988
Total Liabilities and Net Assets / Fund Balance$445,821,034$541,296,388▲ $95,475,354

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,393,065$5,055,201$18,448,266
Equipment$1,769,633$8,380,146$10,149,779
Land$8,561,602-$8,561,602
Leasehold Improvements$1,348,874$1,537,801$2,886,675
Other Land Buildings$1,259,227$15,834$1,275,061
Other Securities$603,600--
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher EstesPresident and CEOFT$328,417$147,616$476,033
Jay YaxSVP Operations and COOFT$152,758$149,712$302,470
Joseph ReganVP of ItFT$121,578$43,602$165,180
Scott KnopfVP of Lending/loss PreventionFT$114,050$24,041$138,091
Heidi SchwarzVP of AccountingFT$93,936$30,274$124,210

Board Members and Trustees

NameTitle
John TruchanChairman
Joseph Niedzwiecki1st Vice Chairman
Donald Henry2nd Vice Chairman
Don SorensenDirector
Jessie CollinsDirector
Richard HazelSecretary
Phil ThickTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Jack HenryElectronic Processing ServicesPO BOX 609, Monett, MO 65708$1,346,361
Informa Business SystemsAtm Processing And Maintenance5170 HARTSHORN DR, Flushing, MI 48443$986,696
VelocityMembership Rewards And Utilization ProgrPO BOX 460939, Fort Lauderdale, FL 33346$299,929
DieboldAtm ServicingPO BOX 643543, Pittsburgh, PA 15264$295,265
US Signal Co LLCTelephone Service Provider201 IONIA AVE SW, Grand Rapids, MI 49503$271,433
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$25,786,890
Investment Income
$1,225,030
Other Revenue
$0
Change in Net Assets
$2,003,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,953,224
Salaries, Compensation, and Employee Benefits$9,055,219
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$5,712,918
Office Expenses---$3,242,941
Depreciation Depletion---$1,573,336
Other Employee Benefits---$1,458,201
Occupancy---$1,437,570
Interest---$1,266,985
Current Officers, Directors, Trustees, and Key Employees---$1,131,985
Information Technology---$607,444
Advertising---$452,976
Payroll Taxes---$412,167
Pension Plan Contributions---$339,948
Insurance---$268,596
Other Expenses---$183,610
Fees for Services Legal---$153,761
Fees for Services Accounting---$96,944
Travel---$94,722
Fees for Services Other---$46,010
Conferences and Meetings---$9,552
Total Functional Expenses$0$0$0$25,008,443
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Members Shares and Deposits$487,333,784
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“By-laws changed to expanded field of membership to include 5 counties in ohio acquired in merger with focus federal credit union in toledo ohio”

Form 990, Part VI, Section A, Line 6

“The credit union has a single class of members, with equal rights of ownership, governance, and voting.”

Form 990, Part VI, Section A, Line 7A

“Members elect members of the governing body each year at the annual meeting. Board of directors members are elected for three year terms.”

Form 990, Part VI, Section A, Line 7B

“Decisions of the governing body that are subject to membership approval are mergers into another institution and charter changes.”

Form 990, Part VI, Section A, Line 8B

“The organization has no committees.”

Form 990, Part VI, Section B, Line 11B

“A review is completed by the vp of accounting prior to submission to the irs.”

Form 990, Part VI, Section B, Line 12C

“Upon election or appointment, the board of directors sign an oath of office that includes a conlict of interest statement. Management signs a conflict of interest policy annually and is reviewed by the president/ceo.”

Form 990, Part VI, Section B, Line 15

“The board of directors reviews the president/ceo performance and approves compensation. This is documented in the minutes and credit union executive society (cues), as well as the national association of credit union chairmen ceo salary survey. The president/ceo reviews all executive compensation using the credit union executive society (cues) guide and documentation is retained in their personnel files.”

Form 990, Part VI, Section C, Line 19

“The financial statements are posted in the lobby of each office. Other documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Security Credit Union
EIN
38-1514946
Phone
8102352322
Address
5255 SECURITY PARK BLVD, HOLLY, MI 48442

Signing Officer

Name
Heidi Schwarz
Title
VP of Accounting
Phone
8102352322
Signed
2021-08-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Estes
Formed
1955
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
168
Volunteers
7

Preparer

Firm
Rehmann Robson LLC
Address
5800 GRATIOT PO BOX 2025, SAGINAW, MI 48605-2025
Preparer
Jeffrey E Hert CPA
Phone
9897999580
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in unrecognized retirement costs -361,948. Acquired equity from merger 318,738. Adoptions of asc 321 -149,190.”

Form 990, Part XII, Line 2C

“The process for oversight of the audit has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The credit union is exempt, by statute (irc section 501(c)(14)), from federal and state income taxes.”

Raw XML AppendixShowing 400 of 537 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt52ND VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP OF ACCOUNTING
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP OF IT
IRS990/Form990PartVIISectionAGrp/TitleTxt10SVP OPERATIONS AND COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF LENDING/LOSS PREVENTION
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IRS990/FormationYr01955
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IRS990/GainOrLossGrp/SecuritiesAmt084925
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IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
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IRS990/GrantToRelatedPersonInd00
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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04251362
IRS990/GrossReceiptsAmt032163321
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IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0607444
IRS990/InsuranceGrp/TotalAmt0268596
IRS990/InterestGrp/TotalAmt01266985
IRS990/InvestmentIncomeGrp/ExclusionAmt01296919
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01296919
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt017586324
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt043840386
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04469600
IRS990/InvestmentsProgramRelatedGrp/EOYAmt04662424
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05013357
IRS990/InvestmentsPubTradedSecGrp/EOYAmt046376219
IRS990/IRPDocumentCnt03046
IRS990/IRPDocumentW2GCnt00
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IRS990/LegalDomicileStateCd0MI
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04166437
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE ARE OUR MEMBERS' TRUSTED, SECURED FINANCIAL COOPERATIVE DEDICATED TO PROVIDING EXCEPTIONAL VALUE, PERSONALIZED SERVICE, AND CONVENIENCE.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt043549768
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-71889
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-71889
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01482911
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01437570
IRS990/OfficeExpensesGrp/TotalAmt03242941
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013474484
IRS990/OtherAssetsTotalGrp/EOYAmt013802208
IRS990/OtherChangesInNetAssetsAmt0-192400
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01458201
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc3OPERATING FEE
IRS990/OtherExpensesGrp/TotalAmt03164559
IRS990/OtherExpensesGrp/TotalAmt12338883
IRS990/OtherExpensesGrp/TotalAmt21015335
IRS990/OtherExpensesGrp/TotalAmt3183610
IRS990/OtherLiabilitiesGrp/BOYAmt0397177009
IRS990/OtherLiabilitiesGrp/EOYAmt0487333784
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherSalariesAndWagesGrp/TotalAmt05712918
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0351930899
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0369315005
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0412167
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0339948
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0898870
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0867713
IRS990/PrincipalOfficerNm0CHRISTOPHER ESTES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2524298
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEE AND OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc2NON-MEMBER INSURANCE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3NON-MEMBER ATM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018266954
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17313047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018266954
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17313047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2104049
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3102840
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0104049
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt1102840
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE LOANS INCLUDING VEHICLE, BUSINESS, FIRST MORTGAGE, HOME EQUITY, LINE OF CREDIT, AND UNSECURED LOANS.
IRS990/ProgSrvcAccomActy3Grp/Desc0OFFER AUTOMATED TELLER MACHINES, WIRE TRANSFERS, MONEY ORDERS, HOME BANKING, MOBILE BANKING, AND VARIOUS INSURANCE PROGRAMS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01120912
IRS990/PYOtherExpensesAmt015520483
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt025042684
IRS990/PYRevenuesLessExpensesAmt01934293
IRS990/PYSalariesCompEmpBnftPaidAmt08708820
IRS990/PYTotalExpensesAmt024229303
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026163596
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02003477
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt040255780
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt043549768
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03554113
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07661274
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt013393065
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05055201
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018448266
IRS990ScheduleD/EquipmentGrp/BookValueAmt01769633
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08380146
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010149779
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt08561602
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08561602
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01348874
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01537801
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02886675
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01259227
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015834
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01275061
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0487333784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES AND DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt042626786
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1610000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2603600
IRS990ScheduleD/OtherSecuritiesGrp/Desc0AFS SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1OTHER SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2FED HOME LOAN BANK STOCK
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CREDIT UNION IS EXEMPT, BY STATUTE (IRC SECTION 501(C)(14)), FROM FEDERAL AND STATE INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueSecuritiesAmt043840386
IRS990ScheduleD/TotalLiabilityAmt0487333784
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0328417
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1152758
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2121578
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount034485
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount112770
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount29801
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt174000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt094200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt144011
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt214870
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$541,296,388
Liabilities
$497,746,620
Net assets
$43,549,768
Revenue
$27,011,920
Expenses
$25,008,443
Net income
$2,003,477
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$638$587$50.5$40.2$36.9$3.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$639$594$44.7$35.3$32.2$3.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$624$583$41.0$29.3$25.0$4.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$602$556$45.8$27.6$23.5$4.12
2020Detailed filing. Detailed filing data is available for this year.$541$498$43.5$27.0$25.0$2.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$446$406$40.3$26.2$24.2$1.93
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$420$383$37.1$23.6$22.4$1.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$415$378$37.1$22.6$21.8$0.80
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$411$375$36.1$21.2$19.7$1.47
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$406$371$35.3$19.3$17.2$2.06
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$383$349$33.3$18.4$16.8$1.55
2013Detailed filing. Detailed filing data is available for this year.$381$350$30.7$18.9$17.2$1.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$357$329$28.9$17.8
2011Summary only. Only limited summary data is available for this year.$356$328$28.1$19.3$20.4$1.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$357$328$29.2$24.2