2026-05-07T10:25:33-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 109 N MAIN STREET SUITE 200 AUSTIN MN 55912 990 2025-01-01 410319960 ACCENTRA CREDIT UNION ACCE 5074331829 400 4TH AVENUE NE PO BOX 657 AUSTIN MN 55912 LYNDSEY JOHNSON CEO 5074331829 2026-05-05 1 TANYA MEDGAARDEN P01717240 5074347000 2026-05-05 2025 2025-03-06 01:10:19Z LYNDSEY JOHNSON 400 4TH AVENUE NE PO BOX 657 AUSTIN MN 55912 12611508 0 X WWW.ACCENTRACU.ORG X CU 1930 MN TO IMPROVE THE FINANCIAL WELL-BEING OF OUR MEMBERS BY PROVIDING AFFORDABLE FINANCIAL SERVICES, PERSONALIZED SUPPORT AND TRUSTED GUIDANCE, WHILE INVESTING IN THE COMMUNITIES WE SERVE. 7 7 55 10 53211 16034 0 0 10364348 10983039 914423 1581542 0 0 11278771 12564581 0 0 1784124 1760484 3205898 3738544 0 0 0 4987415 6177774 9977437 11676802 1301334 887779 200225953 209792500 183609876 191113214 16616077 18679286 TO BE COMPETITIVE IN PROVIDING COMPREHENSIVE FINANCIAL SERVICES TO OUR MEMBER-OWNERS WHILE MAINTAINING THE CREDIT UNION'S LONG-TERM FINANCIAL SOUNDNESS. 0 0 THE CREDIT UNION PROVIDES AFFORDABLE LENDING SOLUTIONS TO MEMBERS, INCLUDING CONSUMER, AUTO, REAL ESTATE AND COMMERCIAL LOANS. THESE SERVICES SUPPORT MEMBERS' FINANCIAL NEEDS BY OFFERING COMPETITIVE RATES AND REASONABLE ACCESS TO CREDIT. AT THE END OF 2025 WE HAD 9,988 LOANS TOTALING $136,258,248. THE CREDIT UNION OFFERS SAVINGS, CHECKING AND CERTIFICATES ACCOUNTS THAT PROVIDE MEMBERS WITH SECURE AND ACCESSIBLE OPTIONS TO MANAGE AND GROW THEIR FINANCES. TOTAL MEMBER DEPOSITS WERE $188,295,994 AT THE END OF 2025. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 2967 0 1 55 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X DAN ARNDORFER 5074343322 400 4TH AVE NE PO BOX 657 AUSTIN MN 55912 SHERI DANKERT BOARD CHAIRMAN 1.00 X X 595 0 0 MARISA NAGELE BOARD VICE-CHAIR 0.50 X X 446 0 0 GORDY KUEHNE BOARD MEMBER 0.50 X 510 0 0 DARRELL INGVALDSON BOARD MEMBER 0.50 X 463 0 0 RAYCE HARDY BOARD MEMBER 0.50 X 442 0 0 MATT CIZIK BOARD MEMBER 0.50 X 323 0 0 SARA NAUMAN BOARD MEMBER 0.50 X 480 0 0 PETER FERRELL SUP CHAIR 1.00 X X 717 0 0 KIRBY REEPING SUP MEMBER 0.50 X 272 0 0 LONI SWENSON SUP MEMBER 0.50 X 157 0 0 PAUL KNORR CEO 40.00 X 280556 0 54579 LYNDSEY JOHNSON PRESIDENT 40.00 X 154010 0 14512 BRADLEY HJELLMING VP OF LENDING 40.00 X 112134 0 38020 551105 0 107111 3 0 1 0 CANDESCENT PO BOX 660367 DALLAS TX 752660367 ONLINE BANKING PROVIDER 699814 FISERV EFT PO BOX 60000 SAN FRANCISCO CA 94160 EFT PROCESSING 641316 FISERV INC PO BOX 934057 ATLANTA GA 31193 DATA PROCESSING 203640 3 LOAN INTEREST 522100 7944160 7944160 FEES/CHARGES 522100 3038879 2985668 53211 10983039 1564775 1564775 63694 46927 16767 16767 16767 12564581 10929828 53211 1581542 X 1760484 508062 2051245 133513 819577 226147 17568 78339 1632421 1869492 276595 48455 325 349774 PROVISION FOR CREDIT LO 1231431 LOAN SERVICING 336946 EDUCATION AND PROMOTION 184013 MISC. OPERATING 138356 14059 11676802 3706641 2942668 8559902 19562214 1855199 1490699 2703968 2765196 140048944 134599236 360233 201275 8116725 4398264 3703710 3718461 22158315 20868800 13514300 18966200 3614741 4677751 200225953 209792500 2567586 2817218 181042290 188295996 183609876 191113214 X 0 0 0 0 16616077 18679286 16616077 18679286 200225953 209792500 X 887779 1167745 7685 X X 0 0 0 418258 418258 4857302 2644611 2212691 132814 110715 22099 2487208 1642938 844270 221143 221143 3718461 DEPOSITS IN COMM. BANKS, ETC. 18846000 C OTHER INVESTMENTS 120200 C 18966200 MEMBER SHARES 188295994 ALLOWANCE FOR CREDIT LOSSES ON OFF-BALANCE SHEET CREDIT EXPOSURES 2 188295996 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT, UNDER IRC SECTION 501 (C) (14), FROM MOST FEDERAL AND STATE INCOME TAXES. THE CREDIT UNION HAS FILED TAX RETURNS IN THE PAST FOR ACTIVITIES IT HAS DEEMED TAXABLE AS UNRELATED BUSINESS INCOME. THE CREDIT UNION EVALUATED ITS TAX POSITIONS AND DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF MARCH 31, 2025 AND 2024. THE CREDIT UNION'S 2021 THROUGH 2024 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. X X X 0 0 0 PAUL KNORR CEO 259398 0 21158 0 0 0 19272 0 35307 0 335135 0 0 0 LYNDSEY JOHNSON PRESIDENT 144917 0 9093 0 0 0 10814 0 3698 0 168522 0 0 0 BRADLEY HJELLMING VP OF LENDING 105657 0 6477 0 0 0 8156 0 29864 0 150154 0 0 0 PART I, LINE 3 THERE IS A COMPENSATION COMMITTEE CONSISTING OF THREE BOARD MEMBERS. THEY REVIEW CUNA SALARY PUBLICATIONS, LOCAL MARKET, AND COLA. THEY TAKE THEIR SUGGESTIONS TO THE BOARD OF DIRECTORS FOR APPROVAL. PAUL KNORR CEO SPLIT-DOLLAR LIFE INSURANCE UNDER REG 1.7872-15 X 2425000 2765196 0 1 1 2765196 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION IS COMPRISED OF A SINGLE CLASS OF APPROXIMATELY 17,039 MEMBER-OWNERS, EACH OF WHICH HAS EQUAL RIGHTS IN OWNERSHIP, GOVERNANCE AND VOTING RIGHTS AT THE ANNUAL MEETINGS, WITH THE EXCEPTION OF THE MEMBER-OWNERS WHO ARE ELECTED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER-OWNERS OF THE CREDIT UNION HAVE THE AUTHORITY TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS FOR THREE-YEAR TERMS ON A ROTATING BASIS. CANDIDATES ARE ELECTED BY A SIMPLE PLURALITY VOTE. THE BOARD OF DIRECTORS APPOINT VOLUNTEERS TO SERVE ON THE SUPERVISORY COMMITTEE, WHICH IS VESTED WITH MONITORING SAFETY AND SOUNDSHIP OF THE ORGANIZATION. IF DEEMED APPROPRIATE, THE SUPERVISORY COMMITTEE CAN SUSPEND BOARD MEMBERS AND CAN CALL A SPECIAL MEETING OF THE MEMBERSHIP TO EVALUATE THE ISSUE AND VOTE TO EITHER DISMISS OR REINSTATE THE BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE GOVERNING DOCUMENTS (BYLAWS) MUST BE APPROVED BY THE MEMBER-OWNERS AFTER THEY HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS AND THE REGULATORY AGENCY. APPROVAL OCCURS WHEN AT LEAST TWO-THIRDS OF THE MEMBER-OWNERS THAT VOTE DO VOTE TO APPROVE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY APPROPRIATE OFFICERS PRIOR TO FILING. IT IS ALSO REVIEWED BY THE SUPERVISORY COMMITTEE AND THE BOARD OF DIRECTORS AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF VENDOR INVOICES AND TRANSACTIONS TO MONITOR COMPLIANCE TO THE POLICY. ALL STAFF AND BOARD ARE SUBJECT TO THIS POLICY. IF THERE IS A CONFLICT, IT IS PRESENTED TO SENIOR MANAGEMENT AND BUSINESS ACTIVITY WOULD CEASE. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE COMPRISED OF BOARD MEMBERS ANNUALLY REVIEWS, RESEARCHES, AND THEN RECOMMENDS THE AMOUNT OF CEO COMPENSATION. THIS AMOUNT IS APPROVED BY THE BOARD OF DIRECTORS AND IS ALSO MADE AVAILABLE TO EXAMINERS AND AUDITORS FOR THEIR REVIEW DURING EXAMS AND AUDITS. THE CREDIT UNION HAS A COMPENSATION POLICY THAT SETS GUIDELINES TO BE FOLLOWED FOR STAFF COMPENSATION. THE CU USES INDUSTRY SALARY AND BENEFIT COMPARISON REPORTS OBTAINED IN REVIEWING PROPER COMPENSATION LEVELS FOR OFFICERS AND KEY EMPLOYEES. ALL CHANGES TO COMPENSATION ARE REVIEWED BY DEPARTMENT HEADS AND SUBMITTED FOR APPROVAL BY THE CEO AND HR. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH POSTING IN THE CREDIT UNION'S OFFICE OR CAN BE REVIEWED BY APPOINTMENT. FORM 990, PART IX, LINE 11G PROFESSIONAL & OUTSIDE SERVICES 1,085,890. DATA PROCESSING 546,531. FORM 990, PART XI, LINE 9: CHANGE IN OCI - POST RETIREMENT BENEFITS 7,685. FORM 990, PART XII, LINE 2B AUDITED FINANCIAL STATEMENTS - THE AUDIT WAS DONE AS OF 3/31. THEREFORE, THE REPORTING PERIOD FOR THE AUDIT DOES NOT MATCH THE REPORTING PERIOD FOR THE 990. FORM 990, PART XII, LINE 2C AUDIT OVERSIGHT - THE SUPERVISORY COMMITTEE OVERSEES THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.