Oklahoma Central Credit Union

Filing Period

Jan 1, 2011 to Dec 31, 2011

Signed

Aug 6, 2012

Return Version

2011v1.2

Gross Receipts

$99,794,066

Mission

Major Activities

Activity 2

Provide enhanced access to credit at reasonable rates - the credit union uses a prudent lending philosophy to offer various loan products at a low cost for members to finance their homes, automobiles, boats, college expenses, etc. During 2011, the credit union approved 4,320 loan requests for over $84.1m. A total of 345 real estate loans were approved with a dollar amount of $31.0m. We continued to offer fha real estate loans and made a total of 11 for $1.5m. In the member business arena, we approved 17 commercial loan requests totalling $5.6m (the credit union is in its fourth year of commercial lending - a direct response to our small businees owners requests for financial services). Product offerings which included shorter term loans at lower rates. The credit union also began offering storm shelter loans at a very low interest rate (2.99%) in order to help members afford the costly expense of adding a fortified storm shelter to their residence.

Activity 3

Community involvement: individually and as a credit union, we support our community in various venues. The credit union again sponsored the annual art of barbeque festival benefiting the arts and humanities council of tulsa (which takes the "arts" into the public schools), as well as the bixby rotary club bbq 'n' music festival kid zone, which supports numerous initiatives for kids and families in need. Financial sponsorships included tulsa university, rockets over rhema in broken arrow and three basketball camps/financially literacy workshops for kids through the tulsa shock. Additional sponsorships and donations helped 20+ organizations, including tulsa day center for the homeless, family & children services, alzheimer's association, emergency infant services, meals on wheels; and we answered the call when the john 3:16 mission was almost out of food to provide meals to the homeless by making a significant contribution and working with a local grocer to obtain the most needed items at bulk/discount pricing. The credit union nearly doubled its fundraising proceeds over last year' for the children's miracle network by participating in an event sponsored by a local department store, belk's charity day; and children's miracle night with the tulsa shock, which showcased children's hospital foundation, our money mammals kids club literacy program, and earned matching funds from coop financial services as well as children's hospital at st. Francis' first annual excellence in cause marketing award (which was inspired by all of our efforts in 2011). To kick off the united way campaign, the branches hosted fundraising events from a tailgate-themed party to a chili cook-off and raffles. The credit union achieved 100% employee participation and for the third year in a row broke our donation records. The partners in education (pie) program gives time and funding to four local schools (carnegie, marshall, and sequoyah elementary schools in tulsa, and north intermediate high school in broken arrow) to help provide school supplies; gifts for teacher appreciation week; field trip fees; and providing test monitors. This year additional funding was provided to help low-income students with much needed clothing, winter coats, food, and other basic supplies. Several school sports program sponsorships which included boys and girls in many cases included: catoosa, jenks, union, sand springs, owasso and broken arrow high schools. The credit union allows each employee eight hours of community service each year. Some employees have volunteered for united way agencies, special olympics events, and various school functions and community events. Our 5th annual shred day was held in october with helping members protect themselves against identity theft and conserving the environment by recycling as the two predominant themes, with ever growing popularity and participation each year.

Filer

EIN

73-0731221