Civic Intelligence

State Chartered Credit Unions Inc

990 • Fiscal year 2017 • EIN 56-0475645

Jul 01, 2016 to Jun 30, 2017 • Filed on May 10, 2018

Organization ProfileWWW.NCSECU.ORG

View Organization Page

119 N Salisbury St No FL 10Raleigh, NC 27603

(919) 839-5084

Siviq Scores

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

Liabilities / Assets

96th percentile

0.92x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • 501(c)14 • $1B+ nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

26.45x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)14 • $1B+ nonprofits • Source year 2017

Net Margin

43rd percentile

16%

Higher net margin than 43% of similar nonprofits.

2017 filings • 501(c)14 • $1B+ nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$1,507,291

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2017 filings • 501(c)14 • $1B+ nonprofits • Source year 2017

Asset Growth

73rd percentile

9.2%

Faster asset growth than 73% of similar nonprofits.

2017 filings • 501(c)14 • $1B+ nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

7.0%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)14 • $1B+ nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$36,933,775,348

Up $3,107,775,801 (+9.2%) from 2016

Net Assets

Up

$2,833,476,952

Up $199,289,777 (+7.6%) from 2016

Liabilities

Up

$34,100,298,396

Up $2,908,486,024 (+9.3%) from 2016

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin43rd percentile

Revenue

Up

$1,289,422,316

Up $84,306,232 (+7.0%) from 2016

Expenses

Up

$1,077,656,767

Up $115,152,968 (+12%) from 2016

Net Income

Down

$211,765,549

Down $30,846,736 (-13%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$60B$40B$20B$0Assets 2010: $21,038,409,107Liabilities 2010: $19,540,244,330Net Assets 2010: $1,498,164,7772010Assets 2011: $23,061,232,954Liabilities 2011: $21,404,794,165Net Assets 2011: $1,656,438,7892011Assets 2012: $25,097,413,322Liabilities 2012: $23,291,853,584Net Assets 2012: $1,805,559,7382012Assets 2013: $26,799,238,232Liabilities 2013: $24,868,597,085Net Assets 2013: $1,930,641,1472013Assets 2015: $30,876,123,778Liabilities 2015: $28,477,870,587Net Assets 2015: $2,398,253,1912015Assets 2016: $33,825,999,547Liabilities 2016: $31,191,812,372Net Assets 2016: $2,634,187,1752016Assets 2017: $36,933,775,348Liabilities 2017: $34,100,298,396Net Assets 2017: $2,833,476,9522017Assets 2018: $38,468,314,242Liabilities 2018: $35,468,921,148Net Assets 2018: $2,999,393,0942018Assets 2019: $40,697,542,181Liabilities 2019: $37,329,329,818Net Assets 2019: $3,368,212,3632019Assets 2020: $45,245,519,314Liabilities 2020: $41,540,781,392Net Assets 2020: $3,704,737,9222020Assets 2021: $50,003,058,257Liabilities 2021: $46,094,531,107Net Assets 2021: $3,908,527,1502021Assets 2022: $53,195,296,849Liabilities 2022: $49,499,633,455Net Assets 2022: $3,695,663,3942022Assets 2023: $49,625,413,489Liabilities 2023: $45,572,981,504Net Assets 2023: $4,052,431,9852023

Highlighted filing

2017

Assets$36,933,775,348
Liabilities$34,100,298,396
Net Assets$2,833,476,952
Open 2017 Filing

Operations Trend

Revenue Growth25th percentile

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

$3.0B$2.0B$1.0B$0Expenses 2010: $807,380,1892010Expenses 2011: $836,541,3462011Expenses 2012: $775,578,4272012Expenses 2013: $747,989,9572013Revenue 2015: $1,088,638,044Expenses 2015: $836,183,024Net Income 2015: $252,455,0202015Revenue 2016: $1,205,116,084Expenses 2016: $962,503,799Net Income 2016: $242,612,2852016Revenue 2017: $1,289,422,316Expenses 2017: $1,077,656,767Net Income 2017: $211,765,5492017Revenue 2018: $1,501,185,216Expenses 2018: $1,207,551,463Net Income 2018: $293,633,7532018Revenue 2019: $1,685,013,461Expenses 2019: $1,441,021,781Net Income 2019: $243,991,6802019Revenue 2020: $1,692,752,969Expenses 2020: $1,486,066,717Net Income 2020: $206,686,2522020Revenue 2021: $1,639,456,686Expenses 2021: $1,206,510,123Net Income 2021: $432,946,5632021Revenue 2022: $1,663,323,190Expenses 2022: $1,107,033,903Net Income 2022: $556,289,2872022Revenue 2023: $2,176,491,752Expenses 2023: $1,593,476,956Net Income 2023: $583,014,7962023

Highlighted filing

2017

Revenue$1,289,422,316
Expenses$1,077,656,767
Net Income$211,765,549
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 10, 2018
Return Version
2016v3.0
Gross Receipts
$6,358,958,028
Mission and Program Overview

Mission

As a financial cooperative owned by our members, our mission is to improve the economic life and social condition of members, to encourage thrift, to provide a source of credit at a fair and reasonable rate of interest and to broaden the economic awareness of members through programs of consumer protection.

Improve economic life, social condition, provide credit & broaden economic awareness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$18,936,977,585$20,672,212,679▲ $1,735,235,094
Savings and Temporary Cash Investments$12,651,079,908$9,105,633,624▼ $3,545,446,284
Investments Other Securities$168,208,072$5,153,556,920▲ $4,985,348,848
Rtn Earn Endowment Incm Other Fnds$2,634,187,175$2,833,476,952▲ $199,289,777
Land, Buildings, and Equipment, Net$725,572,644$758,166,525▲ $32,593,881
Cash and Non-Interest-Bearing Accounts$746,562,727$595,373,670▼ $151,189,057
Prepaid Expenses and Deferred Charges$16,746,490$21,198,213▲ $4,451,723
Investments in Publicly Traded Securities$338,912$338,912→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$33,825,999,547$36,933,775,348▲ $3,107,775,801
Other Assets Total$580,513,209$627,294,805▲ $46,781,596
Liabilities
Other Liabilities$31,015,523,257$33,900,991,667▲ $2,885,468,410
Escrow Account Liability$144,867,359$165,446,835▲ $20,579,476
Accounts Payable and Accrued Expenses$31,421,756$33,859,894▲ $2,438,138
Total Liabilities$31,191,812,372$34,100,298,396▲ $2,908,486,024
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,634,187,175$2,833,476,952▲ $199,289,777
Total Liabilities and Net Assets / Fund Balance$33,825,999,547$36,933,775,348▲ $3,107,775,801

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$439,752,432$170,085,054-
Land$209,559,689--
Equipment$108,248,423$276,202,285-
Leasehold Improvements$605,981$5,786,972-
Other Securities$15,000,000--
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James C BlaineFormer PresidentFT$1,395,445$111,846$1,507,291
Michael J LordPresidentFT$432,316$77,974$510,290
Chris AyerChief Information OfficerFT$255,651$100,534$356,185
Sue a DouglasChief Operations OfficerFT$259,719$95,455$355,174
Randy PartinChief Audit/officerFT$263,042$76,672$339,714
Wallace W UmphlettExec VP/financial AdvisoryFT$263,852$75,743$339,595
Jerry HarmonChief Lending OfficerFT$250,144$74,022$324,166
Leigh BradyExec VP/organization DevelopmentFT$221,642$74,265$295,907
Edward T Hoffman JrExec VP/property ManagementFT$179,737$95,017$274,754
Rex SpiveyChief Financial OfficerFT$196,578$67,808$264,386
Jennifer HamrickEvp/organizational SupportFT$198,773$56,926$255,699
Richard RhoadsSr VP/electronic ServicesFT$186,690$68,714$255,404
Jamie ApplequistExec VP/branch OperationsFT$196,636$55,374$252,010
William DeansSVP - Infrastructure ServicesFT$188,336$49,598$237,934
Thomas K MarionSr VP/districtFT$157,012$78,314$235,326
Joseph BanksSVP-districtFT$152,723$78,478$231,201
Robert DixonSVP - Corporate Quality ControlFT$134,794$96,299$231,093
Steven HerrellChief Risk OfficerFT$131,324$61,078$192,402
Mckinley WootenDirectorPT$1,910-$1,910

Board Members and Trustees

NameTitle
Cynthia JollyDirector, Chairman
Joanne SanfordDirector, Vice Chairman
Bob ParkerDirector
David KingDirector
Jim BarberDirector
Jim JohnsonDirector
Karan BunnDirector
Shirley BellDirector
Tom KingDirector
Bob BrinsonTreasurer/director

Highest Paid Contractors

ContractorServicesLocationCompensation
Wittenbach Business SystemsEquipment Vendor100 SPARKS VALLEY RD, Sparks, MD 21152$2,799,220
Summit Design Engineering Services LLCArchitect504 MEADOWLAND DR, Hillsborough, NC 27278$1,848,058
Reliable Construction CompanyConstruction Of AtmsPO BOX 688, Monroe, NC 28110$1,778,594
Accurate Title GroupTitle Searches And Appraisals6000 FREEDOM SQUARE DR, Independence, OH 44131$1,619,961
Simcon Company LLCConstruction CompanyPO BOX 1838, Mount Airy, NC 27030$1,581,061
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,144,870,806
Investment Income
$144,551,510
Other Revenue
$0
Change in Net Assets
$211,765,549

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,289,422,316
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$16,798,735
Total Revenue per Audited Statements
$1,306,221,051
Total Revenue per Form 990
$1,289,422,316
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$637,207,263
Salaries, Compensation, and Employee Benefits$440,449,504
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$329,459,877
Interest---$319,189,724
Depreciation Depletion---$53,851,790
Other Employee Benefits---$50,134,046
Occupancy---$34,945,594
Pension Plan Contributions---$31,248,969
All Other Expenses---$25,511,000
Payroll Taxes---$25,182,526
Office Expenses---$21,697,582
Other Expenses---$4,846,826
Current Officers, Directors, Trustees, and Key Employees---$4,424,086
Fees for Services Other---$2,818,537
Travel---$2,809,736
Fees for Services Accounting---$443,720
Conferences and Meetings---$423,815
Fees for Services Legal---$403,949
Insurance---$382,929
Total Functional Expenses$0$0$0$1,077,656,767

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,095,122,741
Expenses per Audited Statements$1,077,656,767
Total Expenses per Form 990$1,077,656,767
Expenses Not Reported on Form 990$17,465,974
Expenses Not Reported on Financial Statements$0
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
Member Deposits$33,866,731,629
Other Liabilities$34,260,038
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Secu is a non-profit financial cooperative owned by and operated for the benefit of its 2,200,000 members.”

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

“Secu member/owners elect the board of directors. Each member of the organization is entitled to one vote. Eleven board members serve three year staggered terms. Elections for open seats are held each year during the annual members' meeting.”

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

“Secu members have the right to vote on the merger of the organization into another financial institution, dissolution of the credit union, conversion from a state to a federally chartered credit union or the conversion to another type of financial institution.”

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

“The return is completed by the finance and accounting department staff of the organization and reviewed by the chief financial officer and the president before filing. A copy of the 990 form is made available to the board of directors after it is filed.”

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

“Each employee of the organization must acknowledge having read the code of ethics annually. The organization provides a toll free anonymous honor line through an outside, independent vendor. Employees are encouraged to report all violations of the ethics, operations, lending, and personnel policies. All information received through the honor line is forwarded to audit services and human resources departments for review and action. Details of all reported incidents and resolutions are shared with senior management and the board of directors on a monthly basis. All reports are investigated thoroughly and resolved in a timely manner.”

Form 990, Part VI, Section B, Line 15

“The board of directors sets the salary and benefits of the president. A formal annual review of the performance of the president is conducted by the board of directors. In addition, a compensation committee, comprised of members of the board of directors, utilizes surveys and market comparisons of peer credit unions and other financial institutions to benchmark the compensation package of the president. These surveys are independently obtained from compensation consultants contracted by the secu hr department. The board of directors reviews the compensation surveys, recommendations of the compensation committee, the performance of the president and the credit union, and sets the salary and benefits level of the president. Periodic salary surveys and benchmarking are likewise obtained for all staff and management positions of the organization. There is no incentive or commission based compensation for any employee. All employees receive a salary and set dollar amount of board approved benefit dollars through a cafeteria plan.”

Form 990, Part VI, Section C, Line 19

“The governing documents of the organization are made available upon request. A summary of the financial statements are made available monthly on the organization's web site, along with periodic updates of the financial condition of the organization. The annual report to the membership and the complete audited financial statements with footnotes are available on the organization's website with paper copies available on request.”

Filing and Contact Details

Filer

Filer Name
STATE EMPLOYEES' CREDIT UNION
EIN
56-0475645
Phone
9198395084
Address
119 N SALISBURY ST NO FL 10, RALEIGH, NC 27603

Signing Officer

Name
Rex Spivey
Title
Chief Financial Officer
Phone
9198395084
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Lord
Formed
1937
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
6,664
Volunteers
3,239

Preparer

Firm
Cliftonlarsonallen Llp
Address
1966 GREENSPRING DRIVE SUITE 300, TIMONIUM, MD 21093-4161
Preparer
Hemali Patel
Phone
4104530900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Unamortized loss on postretirement accounts -2,266,814.”

Financial Statement Notes

PART IV, LINE 2B:

“The credit union maintains escrow accounts on members' first mortgage loans as a service to our members. Interest is paid at a savings account rate as an additional benefit. These accounts are funded on a monthly basis by the members. The proceeds are used to pay the property taxes and insurance on the real property secured by the first mortgage.”

PART X, LINE 2:

“The credit union has evaluated its tax positions and determined no uncertain tax positions exist as of june 30, 2017 and 2016. By law, at a minimum, business tax returns are subject to examination by federal and state tax authorities for the years june 30, 2014 through june 30, 2017.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Revenue from subsidiaries 15,952,676. Loss on sale of reo 100,812. Loss on sale of fixed assets 115,035. Loss on sale of cil 630,212.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses from subsidiaries 16,619,915. Loss on sale of reo 100,812. Loss on sale of fixed assets 115,035. Loss on sale of cil 630,212.”

Raw XML AppendixShowing 400 of 1,033 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt031421756
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt033859894
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0IMPROVE ECONOMIC LIFE, SOCIAL CONDITION, PROVIDE CREDIT & BROADEN ECONOMIC AWARENESS.
IRS990/AllOtherExpensesGrp/TotalAmt025511000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0REX A SPIVEY
IRS990/BooksInCareOfDetail/PhoneNum09198395084
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0119 N SALISBURY STREET FL 10
IRS990/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027603
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0746562727
IRS990/CashNonInterestBearingGrp/EOYAmt0595373670
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt065
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt04424086
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0423815
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt02799220
IRS990/ContractorCompensationGrp/CompensationAmt11848058
IRS990/ContractorCompensationGrp/CompensationAmt21778594
IRS990/ContractorCompensationGrp/CompensationAmt31619961
IRS990/ContractorCompensationGrp/CompensationAmt41581061
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0100 SPARKS VALLEY RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1504 MEADOWLAND DR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 688
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt36000 FREEDOM SQUARE DR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 1838
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SPARKS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1HILLSBOROUGH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2MONROE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3INDEPENDENCE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4MOUNT AIRY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd021152
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd127278
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd228110
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd344131
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd427030
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WITTENBACH BUSINESS SYSTEMS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1SUMMIT DESIGN ENGINEERING SERVICES LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2RELIABLE CONSTRUCTION COMPANY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3ACCURATE TITLE GROUP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4SIMCON COMPANY LLC
IRS990/ContractorCompensationGrp/ServicesDesc0EQUIPMENT VENDOR
IRS990/ContractorCompensationGrp/ServicesDesc1ARCHITECT
IRS990/ContractorCompensationGrp/ServicesDesc2CONSTRUCTION OF ATMS
IRS990/ContractorCompensationGrp/ServicesDesc3TITLE SEARCHES AND APPRAISALS
IRS990/ContractorCompensationGrp/ServicesDesc4CONSTRUCTION COMPANY
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0144551510
IRS990/CYOtherExpensesAmt0637207263
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01144870806
IRS990/CYRevenuesLessExpensesAmt0211765549
IRS990/CYSalariesCompEmpBnftPaidAmt0440449504
IRS990/CYTotalExpensesAmt01077656767
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01289422316
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt053851790
IRS990/Desc0THE STATE EMPLOYEES' CREDIT UNION IS OWNED BY OUR 2.2 MILLION MEMBERS. SECU PROVIDES SERVICES TO OUR MEMBERS THROUGH 257 BRANCH OFFICES, OVER 1,100 ATMS, 24/7 CONTACT CENTERS, AND A WEBSITE - WWW.NCSECU.ORG. AS A CREDIT UNION, MEMBERS DEPOSIT FUNDS INTO SHARE ACCOUNTS, WHICH ARE THEN LOANED TO OTHER MEMBERS. THE CREDIT UNION OFFERS SHARE ACCOUNTS OF VARIOUS TYPES - MEMBERSHIP SHARES, SHARE DRAFTS, MONEY MARKET SHARES, IRA SHARES, AND SHARE TERM CERTIFICATES. LOANS TO MEMBERS CONSIST OF MORTGAGE, HOME EQUITY, AUTO AND OTHER CONSUMER LOANS. AT JUNE 30, 2017, THERE WERE 820,000 PERSONAL LOANS AND 166,000 FIRST AND SECOND MORTGAGE LOANS OUTSTANDING. THE CREDIT UNION RECEIVED $1,289,422,316 IN REVENUES FROM INTEREST ON LOANS, INTEREST ON INVESTMENTS, AND OTHER NON INTEREST SOURCES DURING THE YEAR ENDED JUNE 30, 2017. THE COST OF PROVIDING SERVICES TO CREDIT UNION MEMBERS WAS $1,077,656,767 FOR THE YEAR. THE COST OF SERVICE CONSISTS OF INTEREST PAID ON SHARE ACCOUNTS, SALARIES, BUILDING EXPENSES, EQUIPMENT EXPENSES, AND OTHER OPERATIONAL EXPENSES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt06664
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt0144867359
IRS990/EscrowAccountLiabilityGrp/EOYAmt0165446835
IRS990/ExpenseAmt01077656767
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt0443720
IRS990/FeesForServicesLegalGrp/TotalAmt0403949
IRS990/FeesForServicesOtherGrp/TotalAmt02818537
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2840.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1135298
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1237238
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1339421
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1444911
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1539893
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1637943
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1735473
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1839143
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1933751
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2042963
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2137374
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2232803
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2331717
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2430688
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2527673
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2635267
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2727979
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2836069
IRS990/Form990PartVIISectionAGrp/PersonNm0MCKINLEY WOOTEN
IRS990/Form990PartVIISectionAGrp/PersonNm1JIM JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm2KARAN BUNN
IRS990/Form990PartVIISectionAGrp/PersonNm3TOM KING
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID KING
IRS990/Form990PartVIISectionAGrp/PersonNm5BOB PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm6CYNTHIA JOLLY
IRS990/Form990PartVIISectionAGrp/PersonNm7JOANNE SANFORD
IRS990/Form990PartVIISectionAGrp/PersonNm8BOB BRINSON
IRS990/Form990PartVIISectionAGrp/PersonNm9SHIRLEY BELL
IRS990/Form990PartVIISectionAGrp/PersonNm10JIM BARBER
IRS990/Form990PartVIISectionAGrp/PersonNm11JAMES C BLAINE
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHAEL J LORD
IRS990/Form990PartVIISectionAGrp/PersonNm13SUE A DOUGLAS
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRIS AYER
IRS990/Form990PartVIISectionAGrp/PersonNm15RANDY PARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm16JERRY HARMON
IRS990/Form990PartVIISectionAGrp/PersonNm17REX SPIVEY
IRS990/Form990PartVIISectionAGrp/PersonNm18WALLACE W UMPHLETT
IRS990/Form990PartVIISectionAGrp/PersonNm19EDWARD T HOFFMAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm20LEIGH BRADY
IRS990/Form990PartVIISectionAGrp/PersonNm21JAMIE APPLEQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm22JENNIFER HAMRICK
IRS990/Form990PartVIISectionAGrp/PersonNm23STEVEN HERRELL
IRS990/Form990PartVIISectionAGrp/PersonNm24THOMAS K MARION
IRS990/Form990PartVIISectionAGrp/PersonNm25ROBERT DIXON
IRS990/Form990PartVIISectionAGrp/PersonNm26RICHARD RHOADS
IRS990/Form990PartVIISectionAGrp/PersonNm27JOSEPH BANKS
IRS990/Form990PartVIISectionAGrp/PersonNm28WILLIAM DEANS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01910
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt111471993
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12473052
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13315753
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14311274
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15299821
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16286223
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17228913
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18300452
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19241003
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20252944
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21214636
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22222896
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23160685
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24204638
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25203420
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26220137
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27203222
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28201865
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR, CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR, VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11FORMER PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF INFORMATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF AUDIT/OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXEC VP/FINANCIAL ADVISORY
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXEC VP/PROPERTY MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXEC VP/ORGANIZATION DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXEC VP/BRANCH OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt22EVP/ORGANIZATIONAL SUPPORT
IRS990/Form990PartVIISectionAGrp/TitleTxt23CHIEF RISK OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt24SR VP/DISTRICT
IRS990/Form990PartVIISectionAGrp/TitleTxt25SVP - CORPORATE QUALITY CONTROL
IRS990/Form990PartVIISectionAGrp/TitleTxt26SR VP/ELECTRONIC SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt27SVP-DISTRICT
IRS990/Form990PartVIISectionAGrp/TitleTxt28SVP - INFRASTRUCTURE SERVICES
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-846059
IRS990/GainOrLossGrp/SecuritiesAmt023616813
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt039512669
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05052793797
IRS990/GrossReceiptsAmt06358958028
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt0273
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/TotalAmt0382929
IRS990/InterestGrp/TotalAmt0319189724
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0121780756
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0121780756
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0168208072
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05153556920
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0338912
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0338912
IRS990/IRPDocumentCnt0999999
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0452074311
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0725572644
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0758166525
IRS990/LandBldgEquipCostOrOtherBssAmt01210240836
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt040358728
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05029176984
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AS A FINANCIAL COOPERATIVE OWNED BY OUR MEMBERS, OUR MISSION IS TO IMPROVE THE ECONOMIC LIFE AND SOCIAL CONDITION OF MEMBERS, TO ENCOURAGE THRIFT, TO PROVIDE A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND TO BROADEN THE ECONOMIC AWARENESS OF MEMBERS THROUGH PROGRAMS OF CONSUMER PROTECTION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02634187175
IRS990/NetAssetsOrFundBalancesEOYAmt02833476952
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt022770754
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt022770754
IRS990/NetUnrelatedBusTxblIncmAmt0-61044236
IRS990/NetUnrlzdGainsLossesInvstAmt0-10208958
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt034945594
IRS990/OfficeExpensesGrp/TotalAmt021697582
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0580513209
IRS990/OtherAssetsTotalGrp/EOYAmt0627294805
IRS990/OtherChangesInNetAssetsAmt0-2266814
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050134046
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1EQUIPMENT REPAIR AND MA
IRS990/OtherExpensesGrp/Desc2CARD PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3ATM NETWORK EXHCHANGE C
IRS990/OtherExpensesGrp/TotalAmt076500000
IRS990/OtherExpensesGrp/TotalAmt153004514
IRS990/OtherExpensesGrp/TotalAmt240377547
IRS990/OtherExpensesGrp/TotalAmt34846826
IRS990/OtherLiabilitiesGrp/BOYAmt031015523257
IRS990/OtherLiabilitiesGrp/EOYAmt033900991667
IRS990/OtherSalariesAndWagesGrp/TotalAmt0329459877
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt018936977585
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt020672212679
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt025182526
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt031248969

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,933,775,348
Liabilities
$34,100,298,396
Net assets
$2,833,476,952
Revenue
$1,289,422,316
Expenses
$1,077,656,767
Net income
$211,765,549
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$49,625$45,573$4,052$2,176$1,593$583
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$53,195$49,500$3,696$1,663$1,107$556
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50,003$46,095$3,909$1,639$1,207$433
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$45,246$41,541$3,705$1,693$1,486$207
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40,698$37,329$3,368$1,685$1,441$244
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38,468$35,469$2,999$1,501$1,208$294
2017Detailed filing. Detailed filing data is available for this year.$36,934$34,100$2,833$1,289$1,078$212
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$33,826$31,192$2,634$1,205$963$243
2015Detailed filing. Detailed filing data is available for this year.$30,876$28,478$2,398$1,089$836$252
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$26,799$24,869$1,931$748
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25,097$23,292$1,806$776
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23,061$21,405$1,656$837
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21,038$19,540$1,498$807
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)14 • $1B+ nonprofits