Civic Intelligence

State Chartered Credit Unions in North Carolina

990 • Fiscal year 2019 • EIN 56-6054784

Jan 01, 2019 to Dec 31, 2019 • Filed on May 14, 2020

Organization ProfileWWW.MOUNTAINCU.ORG

View Organization Page

1700 Russ AvenueWaynesville, NC 28786

(828) 456-8627

Siviq Scores

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

Liabilities / Assets

68th percentile

0.90x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

50th percentile

16.52x

Higher debt load relative to revenue than 50% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Net Margin

20th percentile

7.0%

Higher net margin than 20% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

99th percentile

$942,824

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Source year 2019

Asset Growth

65th percentile

5.8%

Faster asset growth than 65% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

23rd percentile

4.7%

Faster revenue growth than 23% of similar nonprofits.

2019 filings • 501(c)14 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$223,408,099

Up $12,227,483 (+5.8%) from 2018

Net Assets

Up

$22,532,726

Up $734,968 (+3.4%) from 2018

Liabilities

Up

$200,875,373

Up $11,492,515 (+6.1%) from 2018

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin20th percentile

Revenue

Up

$12,157,101

Up $548,387 (+4.7%) from 2018

Expenses

Up

$11,305,989

Up $880,965 (+8.5%) from 2018

Net Income

Down

$851,112

Down $332,578 (-28%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$400M$300M$200M$100M$0Assets 2010: $103,248,963Liabilities 2010: $92,751,455Net Assets 2010: $10,497,5082010Assets 2011: $129,448,290Liabilities 2011: $115,314,664Net Assets 2011: $14,133,6262011Assets 2012: $146,556,795Liabilities 2012: $131,394,419Net Assets 2012: $15,162,3762012Assets 2013: $156,665,146Liabilities 2013: $140,436,806Net Assets 2013: $16,228,3402013Assets 2014: $166,993,553Liabilities 2014: $149,209,899Net Assets 2014: $17,783,6542014Assets 2015: $178,833,361Liabilities 2015: $159,532,301Net Assets 2015: $19,301,0602015Assets 2016: $185,503,612Liabilities 2016: $165,453,028Net Assets 2016: $20,050,5842016Assets 2017: $203,270,518Liabilities 2017: $182,656,450Net Assets 2017: $20,614,0682017Assets 2018: $211,180,616Liabilities 2018: $189,382,858Net Assets 2018: $21,797,7582018Assets 2019: $223,408,099Liabilities 2019: $200,875,373Net Assets 2019: $22,532,7262019Assets 2020: $264,595,783Liabilities 2020: $241,100,112Net Assets 2020: $23,495,6712020Assets 2021: $320,707,218Liabilities 2021: $294,268,528Net Assets 2021: $26,438,6902021Assets 2022: $333,072,854Liabilities 2022: $301,379,024Net Assets 2022: $31,693,8302022Assets 2023: $340,964,502Liabilities 2023: $305,908,793Net Assets 2023: $35,055,7092023Assets 2024: $347,974,427Liabilities 2024: $310,147,879Net Assets 2024: $37,826,5482024

Highlighted filing

2019

Assets$223,408,099
Liabilities$200,875,373
Net Assets$22,532,726
Open 2019 Filing

Operations Trend

Revenue Growth23rd percentile

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

$30M$20M$10M$0Expenses 2010: $6,030,3352010Expenses 2011: $6,764,3112011Expenses 2012: $7,554,1702012Revenue 2013: $8,648,796Expenses 2013: $7,582,832Net Income 2013: $1,065,9642013Revenue 2014: $9,174,866Expenses 2014: $7,619,552Net Income 2014: $1,555,3142014Revenue 2015: $9,947,394Expenses 2015: $8,429,988Net Income 2015: $1,517,4062015Revenue 2016: $10,316,522Expenses 2016: $9,566,998Net Income 2016: $749,5242016Revenue 2017: $10,604,648Expenses 2017: $9,923,938Net Income 2017: $680,7102017Revenue 2018: $11,608,714Expenses 2018: $10,425,024Net Income 2018: $1,183,6902018Revenue 2019: $12,157,101Expenses 2019: $11,305,989Net Income 2019: $851,1122019Revenue 2020: $11,754,043Expenses 2020: $10,874,503Net Income 2020: $879,5402020Revenue 2021: $13,383,027Expenses 2021: $10,896,116Net Income 2021: $2,486,9112021Revenue 2022: $17,481,627Expenses 2022: $12,490,697Net Income 2022: $4,990,9302022Revenue 2023: $20,412,469Expenses 2023: $16,007,325Net Income 2023: $4,405,1442023Revenue 2024: $21,766,382Expenses 2024: $18,997,747Net Income 2024: $2,768,6352024

Highlighted filing

2019

Revenue$12,157,101
Expenses$11,305,989
Net Income$851,112
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 14, 2020
Return Version
2019v5.1
Gross Receipts
$12,157,101
Mission and Program Overview

Mission

State chartered credit union mutually owned by our 26,608 members, to promote thrift, issue shares and maintain accounts, and make loans to our members. Funds not needed for liquidity or for loans are temporarily invested.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$139,362,707$137,489,512▼ $1,873,195
Investments Program Related$47,231,932$41,925,052▼ $5,306,880
Rtn Earn Endowment Incm Other Fnds$21,797,758$22,532,726▲ $734,968
Savings and Temporary Cash Investments$4,505,904$20,263,508▲ $15,757,604
Land, Buildings, and Equipment, Net$7,591,448$11,867,858▲ $4,276,410
Cash and Non-Interest-Bearing Accounts$5,381,053$4,806,699▼ $574,354
Prepaid Expenses and Deferred Charges$558,046$487,236▼ $70,810
Total Assets$211,180,616$223,408,099▲ $12,227,483
Other Assets Total$6,549,526$6,568,234▲ $18,708
Liabilities
Other Liabilities$186,472,263$198,621,643▲ $12,149,380
Accounts Payable and Accrued Expenses$2,910,595$2,253,730▼ $656,865
Total Liabilities$189,382,858$200,875,373▲ $11,492,515
Net Assets / Fund Balance
Total Net Assets Fund Balance$21,797,758$22,532,726▲ $734,968
Total Liabilities and Net Assets / Fund Balance$211,180,616$223,408,099▲ $12,227,483

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$6,072,000--
Buildings$3,525,355$959,974-
Other Land Buildings$4,561,577--
Land$2,797,902--
Equipment$921,690$4,631,258-
Leasehold Improvements$61,334$369,397-
Other Assets Org$5,960,674--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Patricia N IdolPresidentceoFT$942,824$942,824
Amy S WoodyExecutive Vice PresidentFT$154,873$154,873
Charles J ReeceHr DirectorFT$92,198$92,198
Tanya HaskettRegional ManagerFT$86,232$86,232
Michael J StawickiChief Financial OfficerFT$74,300$74,300

Board Members and Trustees

NameTitle
Robert CatheyBod Chairman
Roy KeithleyBod Vice Chairman
David BlantonDirector
Robbie OwnbeyDirector
Sherri RogersDirector
Cindy RamseyBod Secretary
Donald CooperBod Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,157,101
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$851,112

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,157,101
Total Revenue per Audited Statements
$12,157,101
Total Revenue per Form 990
$12,157,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,206,493
Salaries, Compensation, and Employee Benefits$4,744,466
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,652,457--$2,652,457
All Other Expenses$2,550,565--$2,550,565
Benefits to Members$1,355,030--$1,355,030
Current Officers, Directors, Trustees, and Key Employees$1,350,427--$1,350,427
Occupancy$450,981--$450,981
Payroll Taxes$435,005--$435,005
Pension Plan Contributions$196,233--$196,233
Conferences and Meetings$153,401--$153,401
Other Employee Benefits$110,344--$110,344
Other Expenses$59,784--$59,784
Total Functional Expenses$11,305,989$0$0$11,305,989

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,305,989
Total Expenses per Audited Statements$11,305,989
Total Expenses per Form 990$11,305,989
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Regular Shares$79,173,805
Share Draft Accounts$37,676,978
Money Market Shares$27,898,850
Share Certificates$25,686,250
Irakeogh Accounts$19,190,602
All Other Shares$5,971,158
Nonmember Deposits$3,024,000
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

Members or stockholder classes and rights Part VI line 6

“The charter and bylaws call for an annual election of directors by the members. Each member is entitled to one vote irrespective of the number of shares/deposits.”

Member election for additional members Part VI line 7A

“The charter and bylaws call for an annual election of directors by the members. Each member is entitled to one vote irrespective of the number of shares/deposits. The candidates for director are nominated by a nominating committee appointed by the board of directors. The directors are elected at an annual meeting called for in the bylaws.”

Governing body decisions Part VI line 7B

“The charter and bylaws call for an annual election of directors by the members. Each member is entitled to one vote irrespective of the number of shares/deposits. The candidates for director are nominated by a nominating committee appointed by the board of directors. The directors are elected at an annual meeting called for in the bylaws.”

Governing body meeting documentation Part VI line 8A

“Under the bylaws, the directors meet monthly to review the operations of the credit union. Their actions are documented in written monthly minutes. The board of directors approve the operating policies that direct management in the day-to-day operations of the credit union.”

Committee meeting documentation Part VI line 8B

“The board of directors appoint committees to oversee specific operations of the credit union including an audit committee, which hires an independent auditor to perform an annual audit of the credit union, and a personnel committee which recommends an overall compensation plan for the credit union as a whole. Committee minutes are maintained. Committee recommendations are voted on/approved by the full board of directors.”

Form 990 governing body review Part VI line 11

“This form 990 will be provided to all board members for review after filing at the next board meeting.”

Conflict of interest policy compliance Part VI line 12C

“The credit union has a written conflict of interest policy. All officers, directors, and key employees are required to disclose annually any interest that could give rise to conflicts. All material contracts are approved by the board of directors.”

CEO executive director top management comp Part VI line 15A

“The personnel committee recommends compensation for the ceo, management, and staff based on an annual survey of compensation of credit unions of comparable size and job classifications and other factors. The overall compensation plan, including ceo and management compensation, is reviewed/approved by the board of directors.”

Other officer or key employee compensation Part VI line 15B

“The personnel committee recommends compensation for the ceo, management, and staff based on an annual survey of compensation of credit unions of comparable size and job classifications and other factors. The overall compensation plan, including ceo and management compensation, is reviewed/approved by the board of directors. For staff, the ceo and/or department managers complete annual employee evaluations and are authorized to set staff compensation within the range approved by the personnel committee and board of directors.”

Form 990 availability to public Part VI line 18

“Upon request, copies of the credit unions annual form 990 is provided to any member or non-member that requests a copy.”

Governing documents etc available to public Part VI line 19

“Written copies of policies and procedures are provided to members upon request. Monthly financial reports are posted in the lobby for members review.”

Filing and Contact Details

Filer

Filer Name
Mountain Credit Union
EIN
56-6054784
Address
1700 RUSS AVENUE, WAYNESVILLE, NC 28786

Signing Officer

Name
Michael Stawicki
Title
CFO
Phone
8284568627
Signed
2020-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia N Idol
Formed
1963
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
83
Volunteers
9

Preparer

Firm
Peters and Associates
Address
9050 Executive Prk Dr Ste 220A, Knoxville, TN 37923
Preparer
Craig Peters
Phone
8656947128
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Funds not currently needed for liquidity or for loans are temporarily invested.”

List of other expenses Part IX line 24E

“Other expensesprovision for loan losses 432,996professional and outside services 2,063,842misc operating expenses 53,727total 2,550,565”

Raw XML AppendixShowing 400 of 476 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02910595
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02253730
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 26,608 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES AND MAINTAIN ACCOUNTS, AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED.
IRS990/AddressChangeInd0X
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02550565
IRS990/AllOtherExpensesGrp/TotalAmt02550565
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/ProgramServicesAmt01355030
IRS990/BenefitsToMembersGrp/TotalAmt01355030
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL STAWICKI
IRS990/BooksInCareOfDetail/PhoneNum08284568627
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01700 RUSS AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WAYNESVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028786
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt05381053
IRS990/CashNonInterestBearingGrp/EOYAmt04806699
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt01350427
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01350427
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0153401
IRS990/ConferencesMeetingsGrp/TotalAmt0153401
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt01355030
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt05206493
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt012157101
IRS990/CYRevenuesLessExpensesAmt0851112
IRS990/CYSalariesCompEmpBnftPaidAmt04744466
IRS990/CYTotalExpensesAmt011305989
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt012157101
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 26,608 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES AND MAINTAIN ACCOUNTS, AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED. ALL OF OUR REVENUES AND EXPENSES ARE RELATED TO THIS PURPOSE.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt083
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt011305989
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
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/OfficerInd0X
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT CATHEY
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID BLANTON
IRS990/Form990PartVIISectionAGrp/PersonNm2ROY KEITHLEY
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBBIE OWNBEY
IRS990/Form990PartVIISectionAGrp/PersonNm4SHERRI ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm5CINDY RAMSEY
IRS990/Form990PartVIISectionAGrp/PersonNm6DONALD COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm7PATRICIA N IDOL
IRS990/Form990PartVIISectionAGrp/PersonNm8AMY S WOODY
IRS990/Form990PartVIISectionAGrp/PersonNm9CHARLES J REECE
IRS990/Form990PartVIISectionAGrp/PersonNm10TANYA HASKETT
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL J STAWICKI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7942824
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8154873
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt992198
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1086232
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1174300
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/TitleTxt0BOD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOD VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENTCEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9HR DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10REGIONAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt012157101
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt047231932
IRS990/InvestmentsProgramRelatedGrp/EOYAmt041925052
IRS990/IRPDocumentCnt05016
IRS990/IRPDocumentW2GCnt09
IRS990/LandBldgEquipAccumDeprecAmt05960629
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07591448
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011867858
IRS990/LandBldgEquipCostOrOtherBssAmt017828487
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 26,608 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES AND MAINTAIN ACCOUNTS, AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt021797758
IRS990/NetAssetsOrFundBalancesEOYAmt022532726
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0450981
IRS990/OccupancyGrp/TotalAmt0450981
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06549526
IRS990/OtherAssetsTotalGrp/EOYAmt06568234
IRS990/OtherChangesInNetAssetsAmt0-116144
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0110344
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0110344
IRS990/OtherExpensesGrp/Desc0OFFICE OPERATIONS
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL AND PROMOTIONAL
IRS990/OtherExpensesGrp/Desc2LOAN SERVICING
IRS990/OtherExpensesGrp/Desc3EXAMINATION EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt01147577
IRS990/OtherExpensesGrp/ProgramServicesAmt1389005
IRS990/OtherExpensesGrp/ProgramServicesAmt2455180
IRS990/OtherExpensesGrp/ProgramServicesAmt359784
IRS990/OtherExpensesGrp/TotalAmt01147577
IRS990/OtherExpensesGrp/TotalAmt1389005
IRS990/OtherExpensesGrp/TotalAmt2455180
IRS990/OtherExpensesGrp/TotalAmt359784
IRS990/OtherLiabilitiesGrp/BOYAmt0186472263
IRS990/OtherLiabilitiesGrp/EOYAmt0198621643
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02652457
IRS990/OtherSalariesAndWagesGrp/TotalAmt02652457
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0139362707
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0137489512
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0435005
IRS990/PayrollTaxesGrp/TotalAmt0435005
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0196233
IRS990/PensionPlanContributionsGrp/TotalAmt0196233
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0558046
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0487236
IRS990/PrincipalOfficerNm0PATRICIA N IDOL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522100
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/BusinessCd2522100
IRS990/ProgramServiceRevenueGrp/BusinessCd3522100
IRS990/ProgramServiceRevenueGrp/BusinessCd4522100
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1INVESTMENT INTEREST
IRS990/ProgramServiceRevenueGrp/Desc2FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4LOSS ON DISPOSITION FA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07462903
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11141548
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23328360
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3307160
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4-82870
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07462903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11141548
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23328360
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3307160
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4-82870
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0750586
IRS990/PYOtherExpensesAmt05327277
IRS990/PYProgramServiceRevenueAmt011608714
IRS990/PYRevenuesLessExpensesAmt01183690
IRS990/PYSalariesCompEmpBnftPaidAmt04347161
IRS990/PYTotalExpensesAmt010425024
IRS990/PYTotalRevenueAmt011608714
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0851112
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt012157101
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt021797758
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022532726
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04505904
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020263508
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03525355
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0959974
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04485329
IRS990ScheduleD/EquipmentGrp/BookValueAmt0921690
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04631258
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05552948
IRS990ScheduleD/ExpensesSubtotalAmt011305989
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0903096
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11911595
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt297361
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt332941000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt46072000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CORPORATE CREDIT UNIONS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1NCUSIF DEPOSIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2HELD TO MATURITY SECURITIES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3DEP IN COMM BANKS S&LS SVGS BANK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4LOANS TO AND INVESTMENTS IN NATURAL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/LandGrp/BookValueAmt02797902
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02797902
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt061334
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0369397
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0430731
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0176940
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1368046
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt262574
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35960674
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FORECLOSED AND REPOSSESSED ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCRUED INTEREST ON LOANS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ACCRUED INTEREST ON INVESTMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER ASSETS LESS PREPAIDS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04561577
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt04561577
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037676978
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt179173805
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt227898850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt325686250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt419190602
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt55971158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt63024000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHARE DRAFT ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2MONEY MARKET SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SHARE CERTIFICATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4IRAKEOGH ACCOUNTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6NONMEMBER DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt012157101
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011867858
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06568234
IRS990ScheduleD/TotalBookValueProgramRltdAmt041925052
IRS990ScheduleD/TotalExpensesPerForm990Amt011305989
IRS990ScheduleD/TotalLiabilityAmt0198621643
IRS990ScheduleD/TotalRevenuePerForm990Amt012157101
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012157101
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011305989
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0942824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1154873
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PATRICIA N IDOL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1AMY S WOODY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENTCEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EXECUTIVE VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0942824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1154873
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHARTER AND BYLAWS CALL FOR AN ANNUAL ELECTION OF DIRECTORS BY THE MEMBERS. EACH MEMBER IS ENTITLED TO ONE VOTE IRRESPECTIVE OF THE NUMBER OF SHARES/DEPOSITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHARTER AND BYLAWS CALL FOR AN ANNUAL ELECTION OF DIRECTORS BY THE MEMBERS. EACH MEMBER IS ENTITLED TO ONE VOTE IRRESPECTIVE OF THE NUMBER OF SHARES/DEPOSITS. THE CANDIDATES FOR DIRECTOR ARE NOMINATED BY A NOMINATING COMMITTEE APPOINTED BY THE BOARD OF DIRECTORS. THE DIRECTORS ARE ELECTED AT AN ANNUAL MEETING CALLED FOR IN THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CHARTER AND BYLAWS CALL FOR AN ANNUAL ELECTION OF DIRECTORS BY THE MEMBERS. EACH MEMBER IS ENTITLED TO ONE VOTE IRRESPECTIVE OF THE NUMBER OF SHARES/DEPOSITS. THE CANDIDATES FOR DIRECTOR ARE NOMINATED BY A NOMINATING COMMITTEE APPOINTED BY THE BOARD OF DIRECTORS. THE DIRECTORS ARE ELECTED AT AN ANNUAL MEETING CALLED FOR IN THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNDER THE BYLAWS, THE DIRECTORS MEET MONTHLY TO REVIEW THE OPERATIONS OF THE CREDIT UNION. THEIR ACTIONS ARE DOCUMENTED IN WRITTEN MONTHLY MINUTES. THE BOARD OF DIRECTORS APPROVE THE OPERATING POLICIES THAT DIRECT MANAGEMENT IN THE DAY-TO-DAY OPERATIONS OF THE CREDIT UNION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS APPOINT COMMITTEES TO OVERSEE SPECIFIC OPERATIONS OF THE CREDIT UNION INCLUDING AN AUDIT COMMITTEE, WHICH HIRES AN INDEPENDENT AUDITOR TO PERFORM AN ANNUAL AUDIT OF THE CREDIT UNION, AND A PERSONNEL COMMITTEE WHICH RECOMMENDS AN OVERALL COMPENSATION PLAN FOR THE CREDIT UNION AS A WHOLE. COMMITTEE MINUTES ARE MAINTAINED. COMMITTEE RECOMMENDATIONS ARE VOTED ON/APPROVED BY THE FULL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS FORM 990 WILL BE PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AFTER FILING AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CREDIT UNION HAS A WRITTEN CONFLICT OF INTEREST POLICY. ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. ALL MATERIAL CONTRACTS ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PERSONNEL COMMITTEE RECOMMENDS COMPENSATION FOR THE CEO, MANAGEMENT, AND STAFF BASED ON AN ANNUAL SURVEY OF COMPENSATION OF CREDIT UNIONS OF COMPARABLE SIZE AND JOB CLASSIFICATIONS AND OTHER FACTORS. THE OVERALL COMPENSATION PLAN, INCLUDING CEO AND MANAGEMENT COMPENSATION, IS REVIEWED/APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PERSONNEL COMMITTEE RECOMMENDS COMPENSATION FOR THE CEO, MANAGEMENT, AND STAFF BASED ON AN ANNUAL SURVEY OF COMPENSATION OF CREDIT UNIONS OF COMPARABLE SIZE AND JOB CLASSIFICATIONS AND OTHER FACTORS. THE OVERALL COMPENSATION PLAN, INCLUDING CEO AND MANAGEMENT COMPENSATION, IS REVIEWED/APPROVED BY THE BOARD OF DIRECTORS. FOR STAFF, THE CEO AND/OR DEPARTMENT MANAGERS COMPLETE ANNUAL EMPLOYEE EVALUATIONS AND ARE AUTHORIZED TO SET STAFF COMPENSATION WITHIN THE RANGE APPROVED BY THE PERSONNEL COMMITTEE AND BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9UPON REQUEST, COPIES OF THE CREDIT UNIONS ANNUAL FORM 990 IS PROVIDED TO ANY MEMBER OR NON-MEMBER THAT REQUESTS A COPY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10WRITTEN COPIES OF POLICIES AND PROCEDURES ARE PROVIDED TO MEMBERS UPON REQUEST. MONTHLY FINANCIAL REPORTS ARE POSTED IN THE LOBBY FOR MEMBERS REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FUNDS NOT CURRENTLY NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OTHER EXPENSESPROVISION FOR LOAN LOSSES 432,996PROFESSIONAL AND OUTSIDE SERVICES 2,063,842MISC OPERATING EXPENSES 53,727TOTAL 2,550,565
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$223,408,099
Liabilities
$200,875,373
Net assets
$22,532,726
Revenue
$12,157,101
Expenses
$11,305,989
Net income
$851,112
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$348$310$37.8$21.8$19.0$2.77
2023Detailed filing. Detailed filing data is available for this year.$341$306$35.1$20.4$16.0$4.41
2022Detailed filing. Detailed filing data is available for this year.$333$301$31.7$17.5$12.5$4.99
2021Detailed filing. Detailed filing data is available for this year.$321$294$26.4$13.4$10.9$2.49
2020Detailed filing. Detailed filing data is available for this year.$265$241$23.5$11.8$10.9$0.88
2019Detailed filing. Detailed filing data is available for this year.$223$201$22.5$12.2$11.3$0.85
2018Detailed filing. Detailed filing data is available for this year.$211$189$21.8$11.6$10.4$1.18
2017Detailed filing. Detailed filing data is available for this year.$203$183$20.6$10.6$9.92$0.68
2016Detailed filing. Detailed filing data is available for this year.$186$165$20.1$10.3$9.57$0.75
2015Detailed filing. Detailed filing data is available for this year.$179$160$19.3$9.95$8.43$1.52
2014Detailed filing. Detailed filing data is available for this year.$167$149$17.8$9.17$7.62$1.56
2013Detailed filing. Detailed filing data is available for this year.$157$140$16.2$8.65$7.58$1.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$147$131$15.2$7.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$129$115$14.1$6.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$103$92.8$10.5$6.03