Civic Intelligence

Credit Unions Chartered in the State of Michigan

990 • Fiscal year 2024 • EIN 38-1514946

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 13, 2025

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

79th percentile

0.92x

Higher debt load relative to assets than 79% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

14.63x

Higher debt load relative to revenue than 45% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2024

Net Margin

46th percentile

8.2%

Higher net margin than 46% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$910,772

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Source year 2024

Asset Growth

28th percentile

-0.1%

Faster asset growth than 28% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

14%

Faster revenue growth than 49% of similar nonprofits.

2024 filings • 501(c)14 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$637,849,652

Down $734,673 (-0.1%) from 2023

Net Assets

Up

$50,493,329

Up $5,778,033 (+13%) from 2023

Liabilities

Down

$587,356,323

Down $6,512,706 (-1.1%) from 2023

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin46th percentile

Revenue

Up

$40,160,457

Up $4,817,871 (+14%) from 2023

Expenses

Up

$36,856,950

Up $4,648,798 (+14%) from 2023

Net Income

Up

$3,303,507

Up $169,073 (+5.4%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth28th 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

2024

Assets$637,849,652
Liabilities$587,356,323
Net Assets$50,493,329
Open 2024 Filing

Operations Trend

Revenue Growth49th 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

2024

Revenue$40,160,457
Expenses$36,856,950
Net Income$3,303,507
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 13, 2025
Return Version
2024v5.2
Gross Receipts
$41,808,692
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$482,556,123$500,012,038▲ $17,455,915
Rtn Earn Endowment Incm Other Fnds$44,715,296$50,493,329▲ $5,778,033
Investments Other Securities$39,267,465$34,200,141▼ $5,067,324
Land, Buildings, and Equipment, Net$28,659,565$32,758,646▲ $4,099,081
Investments in Publicly Traded Securities$39,813,223$22,107,109▼ $17,706,114
Cash and Non-Interest-Bearing Accounts$18,921,971$14,130,513▼ $4,791,458
Savings and Temporary Cash Investments$7,928,278$9,063,682▲ $1,135,404
Investments Program Related$5,330,410$5,348,672▲ $18,262
Prepaid Expenses and Deferred Charges$1,210,863$1,419,889▲ $209,026
Accounts Receivable$878,692$1,345,166▲ $466,474
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$638,584,325$637,849,652▼ $734,673
Other Assets Total$14,017,735$17,463,796▲ $3,446,061
Liabilities
Other Liabilities$539,441,837$548,007,951▲ $8,566,114
Accounts Payable and Accrued Expenses$54,427,192$39,348,372▼ $15,078,820
Total Liabilities$593,869,029$587,356,323▼ $6,512,706
Net Assets / Fund Balance
Total Net Assets Fund Balance$44,715,296$50,493,329▲ $5,778,033
Total Liabilities and Net Assets / Fund Balance$638,584,325$637,849,652▼ $734,673

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,868,700$7,351,243$21,219,943
Equipment$3,410,932$10,521,830$13,932,762
Land$8,181,095-$8,181,095
Other Land Buildings$6,284,187-$6,284,187
Leasehold Improvements$1,013,732$3,202,032$4,215,764
Other Securities$1,912,500--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher EstesPresident and CEO Thru 7/30/24FT$572,860$337,912$910,772
Jay YaxPresident and CEO as of 7/31/24FT$319,777$89,706$409,483
Heidi SchwarzSenior VP/CFOFT$192,565$62,054$254,619
Joseph ReganVP of ItFT$188,459$62,291$250,750
Scott KnopfVP of Lending/loss PreventFT$168,295$53,690$221,985
Amanda SherwoodVP HrFT$158,549$56,747$215,296
William HerronVP of OperationsFT$138,670$48,042$186,712
Catherine KraneVP Sales & ServiceFT$143,165$43,373$186,538
John TruchanChairman-$1,679-$1,679
Phil ThickTreasurer-$1,260-$1,260
Donald Henry2nd Vice Chairman-$788-$788
Don SorensenSecretary-$381-$381

Board Members and Trustees

NameTitle
Joseph Niedzwiecki1st Vice Chairman
Jessie CollinsDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Harmon Management LLCConsulting417 COPPERSMITH DR, Mason, MI 48854$3,959,752
Jack HenryElectronic Processing ServicesPO BOX 609, Monett, MO 65708$2,126,637
Informa Business SystemsAtm Processing And Maintenance5170 HARTSHORN DR, Flushing, MI 48443$1,662,273
US Signal Co LLCTelephone Service Provider201 IONIA AVE SW, Grand Rapids, MI 49503$407,087
LoomisCash Handling CompanyDEPT CH 10500, Palatine, IL 60055$345,018
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$38,009,326
Investment Income
$2,151,131
Other Revenue
$0
Change in Net Assets
$3,303,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,006,701
Salaries, Compensation, and Employee Benefits$12,700,176
Grants and Similar Amounts Paid$150,073
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$8,492,658
Office Expenses---$4,540,819
Occupancy---$4,030,168
Interest---$2,262,283
Other Expenses---$2,138,757
Other Employee Benefits---$1,767,672
Advertising---$1,250,995
Information Technology---$1,168,203
Current Officers, Directors, Trustees, and Key Employees---$1,136,835
Payroll Taxes---$696,745
Pension Plan Contributions---$606,266
Insurance---$298,975
Travel---$216,050
Grants to Domestic Orgs---$150,073
Fees for Services Other---$124,496
Conferences and Meetings---$100,587
Fees for Services Accounting---$78,559
Fees for Services Legal---$69,710
Total Functional Expenses$0$0$0$36,856,950
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pink Par-tee of Security Credit UnionHolly, MI501(c)(3)General Purpose$52,205
Security Credit Union FoundationHolly, MI501(c)(3)General Purpose$50,000
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$548,007,951
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
No
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 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
2025-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Yax
Formed
1955
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
201
Volunteers
6

Preparer

Firm
Rehmann Robson LLC
Address
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 45,319.”

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 690 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/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2788
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4381
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6352301
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7210662
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8862305
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9207487
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10180653
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11175254
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12152941
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13148288
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt22ND VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT AND CEO AS OF 7/31/24
IRS990/Form990PartVIISectionAGrp/TitleTxt7SENIOR VP/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT AND CEO THRU 7/30/24
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP OF IT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP OF LENDING/LOSS PREVENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP HR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP SALES & SERVICE
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF OPERATIONS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01955
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-12229
IRS990/GainOrLossGrp/SecuritiesAmt0-6429
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0150073
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt045000
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01584577
IRS990/GrossReceiptsAmt041808692
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01168203
IRS990/InsuranceGrp/TotalAmt0298975
IRS990/InterestGrp/TotalAmt02262283
IRS990/InvestmentIncomeGrp/ExclusionAmt02169789
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02169789
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt039267465
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt034200141
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05330410
IRS990/InvestmentsProgramRelatedGrp/EOYAmt05348672
IRS990/InvestmentsPubTradedSecGrp/BOYAmt039813223
IRS990/InvestmentsPubTradedSecGrp/EOYAmt022107109
IRS990/IRPDocumentCnt03556
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021075105
IRS990/LandBldgEquipBasisNetGrp/BOYAmt028659565
IRS990/LandBldgEquipBasisNetGrp/EOYAmt032758646
IRS990/LandBldgEquipCostOrOtherBssAmt053833751
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt057229
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01591006
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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt044715296
IRS990/NetAssetsOrFundBalancesEOYAmt050493329
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-18658
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-18658
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02429207
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt04030168
IRS990/OfficeExpensesGrp/TotalAmt04540819
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014017735
IRS990/OtherAssetsTotalGrp/EOYAmt017463796
IRS990/OtherChangesInNetAssetsAmt045319
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01767672
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1LOAN SERVICING
IRS990/OtherExpensesGrp/Desc2OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc3OPERATING FEE
IRS990/OtherExpensesGrp/TotalAmt02907929
IRS990/OtherExpensesGrp/TotalAmt12506012
IRS990/OtherExpensesGrp/TotalAmt22313158
IRS990/OtherExpensesGrp/TotalAmt32138757
IRS990/OtherLiabilitiesGrp/BOYAmt0539441837
IRS990/OtherLiabilitiesGrp/EOYAmt0548007951
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherSalariesAndWagesGrp/TotalAmt08492658
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0482556123
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0500012038
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0696745
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0606266
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01210863
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01419889
IRS990/PrincipalOfficerNm0JAY YAX
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/RelatedOrExemptFuncIncomeAmt030284952
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17524219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030284952
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17524219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2104407
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt395748
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0104407
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt195748
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/PYInvestmentIncomeAmt02049198
IRS990/PYOtherExpensesAmt020622298
IRS990/PYOtherRevenueAmt094454
IRS990/PYProgramServiceRevenueAmt033198934
IRS990/PYRevenuesLessExpensesAmt03134434
IRS990/PYSalariesCompEmpBnftPaidAmt011585854
IRS990/PYTotalExpensesAmt032208152
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt035342586
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03303507
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt044715296
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt050493329
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07928278
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09063682
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt013868700
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07351243
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt021219943
IRS990ScheduleD/EquipmentGrp/BookValueAmt03410932
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010521830
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt013932762
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt08181095
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08181095
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01013732
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03202032
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04215764
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06284187
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06284187
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0548007951
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBERS SHARES AND DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt031487641
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1800000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21912500
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:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032758646
IRS990ScheduleD/TotalBookValueSecuritiesAmt034200141
IRS990ScheduleD/TotalLiabilityAmt0548007951
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/CashGrantAmt152205
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL PURPOSE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL PURPOSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SECURITY CREDIT UNION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PINK PAR-TEE OF SECURITY CREDIT UNION
IRS990ScheduleI/RecipientTable/RecipientEIN0990940075
IRS990ScheduleI/RecipientTable/RecipientEIN1830536212
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05255 SECURITY PARK BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt15255 SECURITY PARK BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HOLLY

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$637,849,652
Liabilities
$587,356,323
Net assets
$50,493,329
Revenue
$40,160,457
Expenses
$36,856,950
Net income
$3,303,507
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$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