2025-03-18T15:48:15-07:00 2024-12-31 990 2024-01-01 741478219 COMMUNITY SERVICE CREDIT UNION COMM 9362953980 250 FM 2821 Road West Huntsville TX 77320 Patsy Lindamood CFO 9362953980 2025-02-25 1 2024 2025-03-06 01:10:19Z Brenda Hooker 250 FM 2821 Road W Huntsville TX 77320 11741699 0 X www.cscutx.com X 1954 TX This Credit Union is a cooperative thrift institution, chartered by the State of Texas, with deposits insured by the National Credit Union Administration. 7 7 0 0 0 0 0 0 9725094 10447658 596530 1294041 0 0 10321624 11741699 0 0 0 0 2934688 3035111 0 0 0 7230602 8116758 10165290 11151869 156334 589830 141903919 151688741 128260478 137455470 13643441 14233271 The mission of Community Service Credit Union is to promote and provide a range of financial services to meet the needs of the membership while adhering to sound financial practices for maintaining a healthy capital structure. Employ continuous research and development programs to discover and satisfy the needs of our member, and provide well trained, courteous credit union representatives to assist in improving the quality of lifestyle of our membership. 0 0 9635741 0 4464906 Membership Accounts, the Credit Union has member owner accounts on December 31, 2023. Accounts pay dividends monthly. Access is available through branch network, online banking, mobile banking, telephone and ATM's. Saving and general financial education is offered to members and non-members, especially to the youth of the community. 242001 0 0 Checking Accounts, the Credit Union provides accounts with various features including free checking accounts, all electronic access accounts and some options that pay interest. The Credit Union provides education on account management and safety. 1274127 0 7276794 Consumer Loans, the Credit Union provides personal loans as well as flexible offerings on ATV's, boats, auto's, RV's and motorcycles, mortgages and land/lot loans. The Credit Union also educates members how to build strong credit experience and how to use credit wisely. 0 0 0 11151869 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 0 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Brenda Hooker 9362953980 250 FM 2821 Road West Huntsville TX 77320 Brenda Hooker Chief Executive Officer 45.00 0 X X X 230004 0 0 Patsy Lindamood Chief Financial Officer 45.00 0 X X X 203418 0 0 John Hendrick Chief Lending Officer 45.00 0 X X X 167707 0 0 Jennifer Goodall Chief Experience Officer 45 0.0 X X X 124765 0 0 Carol D Sullivan Sr Loan Officer 40 0 X 117087 0 0 Mary Dye Chief Risk Officer 45 0 X X 109753 0 0 Veronica McMillian Loan Officer 40 0 X 104523 0 0 Wayne Scott Board Chairman 1.5 0 X 1650 0 0 S O Woods Board Vice Chairman 1 0 X 1200 0 0 Paul Brown Secretary 1 0 X 1100 0 0 Dewitt Oleinik Board Member 1 0 X 1050 0 0 John Burney Board Member 1 0 X 1050 0 0 Fern Frosch Board Member 1 0 X 1000 0 0 Jerry Larrison Board Member (Associate Director) 1 0 X 1000 0 0 Lisa Branch Board Member (Associate Director) 1 0 X 850 0 0 David Fonseca Board Member (Associate Director) 1.0 0 X 800 0 0 Mike Countz Treasurer 1 0 X X 350 0 0 1067307 0 0 7 1 1 0 Fiserv Inc P O BOX 208457 DALLAS TX 753208457 Core System Support 1647591 MFIT Technology Solutions LLC 423 N Main St Corsicana TX 75110 Technology Support 492686 nCino PO Box 117460 Atlanta GA 303687460 Loan and Deposit Support 156491 3 0 Total Interest on Loans 522100 7276794 7276794 0 0 Total Fees and Charges 522100 1522908 1522908 0 0 Total Other Income 522100 1672990 1672990 0 0 Gain/Loss on Liquidation of Repos 522100 -25034 -25034 0 0 0 0 0 0 10447658 1294041 1294041 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11741699 11741699 0 0 X 0 0 0 0 1067307 1259006 155056 355770 197972 125906 3282 2117389 416744 155509 868010 215391 89000 2417356 344107 89937 Other - Loan Allowance 652979 Other - League and Association Dues 31605 Other - Loan Servicing 589543 11151869 0 0 0 11926463 18049009 4310088 4296569 0 0 653137 661844 0 0 0 0 104674902 106228123 0 0 1015459 989047 6728476 2526034 4335754 4202442 0 0 12813020 15082085 0 0 0 0 2175096 2179622 141903919 151688741 3734450 2595804 0 0 0 0 0 0 0 0 0 0 0 0 0 0 124526028 134859666 128260478 137455470 X 0 0 0 0 13643441 14233271 13643441 14233271 141903919 151688741 589830 0 0 0 0 0 X 0 0 0 481200 0 481200 4132455 0 1320911 2811544 0 0 0 0 2114821 0 1205123 909698 0 0 0 0 4202442 0 0 MBS PASS THRU POOLS _ 15YRS (6 Bonds) 4103046 F MBS PASS THRU POOLS _ 20YR (4 Bonds) 3031924 F MBS PASS THRU POOLS _ 30YR (7 Bonds) 7203115 F CERTIFICATES/CD's -(Goldman Sachs, Sallie Mae & Greenstate) 744000 C 15082085 0 Total Shares and Deposits 134859666 134859666 X X 0 0 0 Brenda Hooker Chief Executive Officer 211812 0 16201 0 1991 0 0 0 0 0 230004 0 0 0 Patsy Lindamood Chief Financial Officer 185104 0 16201 0 2113 0 0 0 0 0 203418 0 0 0 John Hendrick Chief Lending Officer 123113 0 44275 0 320 0 0 0 0 0 167708 0 0 0 Schedule J, Part I, Line 3 Schedule J, Part I, Line 3 - The compensation of the CEO is set by the Board, who uses surveys prepared by the Credit Union Executive Society and the Credit Union National Association, among others, as well as the Compease compensation system provided by HR Solutions, a division of CU Solutions. The data is compared for the credit unions with similar types and diversity of services, numbers of members, and numbers of loans, as well as similar size total assets under management. Compensation is set annually based on analysis of this data, and per the guidelines set in the Compease compensation system. Form 990, Part VI, Section A, Line 6 Form 990, Part VI, Section A, Line 6 - The Credit Union is a member-owned financial cooperative. Every membership share account-holder is a member. Form 990, Part VI, Section A, Line 7a Form 990, Part VI, Section A, Line 7a - Members of the Board of Directors are elected for 3-year terms, staggered over a three-year cycle, by the members of the Credit Union. Elections are held annually. Every member has equal voting rights. Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11b - Form 990 is reviewed by management and by a committee of the governing body charged with responsibility for organizational compliance Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - The Board of Directors' Compliance and Risk Management Committee has the responsibility to regularly and consistently monitor and enforce compliance with the policy. Form 990, Part VI, Section B, Line 15 Form 990, Part VI, Section B, Line 15 - The compensation of the CEO is set by the Board, who uses surveys prepared by the Credit Union Executive Society and the Credit Union National Association, among others, as well as the Compease Compensation System provide by HR Solutions, a division of CU Solutions. The data is compared for credit unions with similar types and diversity of services, numbers of members, and numbers of loans, as well as similar size total assets under management. Compensation is set based on analysis of this data. The CEO sets compensation levels for other staff members based on analysis of data obtained from an independent consultant group which specializes in credit union compensation plans. A committee of the Board of Directors reviews the overall structure of the compensation plan. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - Notice is given on the organization's website how to request inspection of these documents. Form 990, Part IX, Line 11g Form 990, Part IX, Line 11g - Includes ; 296619 NOTARY SERVICE EXPENSE $267.9; 299201 RADDON MEMBER SURVEYS $11851.29; 286094 VISA NETWORK CHARGEBACK FEES $694.56; 286095 VISA INTERNATIONAL FEES/REFUNDS $639.17; 286096 VISA DAILY FUNDING LATE FEE $1647.64; 286097 VISA DAILY FUNDING WIRE FEE _ CHGD MONTHLY $1356.5; 286098 VISA CC ATM CASH ADVANCE FEE $15.06 286001 VISA USA - MNTHLY SWITCH FEES $26815.79; 286099 SMALL BALANCE WRITE OFF - CC $1.7; 286102 VISA PLASTICS EXPENSES $3912.35 286105 VISA MONTHLY CHARGES COMBINED $1064.18; 293260 FIS TO FISERV CREDIT CARDS _ CONVERSION $9468.43; 299101 CHECK BY PHONE- ONLINE PROC $3535.79; 293107 ACH RECURRING PMTS EXP $479.76; 293103 MEMBER DRAFT PRINTING $3156.41; 293105 IRA ADMINISTRATIVE EXPENSE $6000; 293108 NOTICES_CORE SYS $8139.73; 293109 ITEM PROCESSING_CORE $24148.25; 293111 ARU EXPENSE $6518.15; 293113 MOBILITI_TABLET_PER USER FEE $9521.81; 293114 MOBILITI BRANDING APP $4284.31; 293182 CHECK LOSSES - OVER-THE-COUNTER $103842.37 293183 CHECK LOSSES - MOBILE CAPTURE $23506.5; 293184 CHECK LOSSES - ATM DEPOSIT $14735.38; 293180 CHECK LOSSES - OTHER $150 293198 CHECK LOSS RECOVERY $-83675.68; 293186 INSTANT ISSUE CARDS ORDERED $16714.4; 293187 INSTANT ISSUE SLEEVES $1856.67 293192 INSTANT ISSUE PROCESSING $5549.77; 293199 ATM MANAGED SERVICES _ AUTO RECON $837.24; 293200 ACCT VERIFICATION $190 293197 ATM OPERATING FEES $3987; 293188 CKNG ACCT LOSSES due to DR CRD TRANS $16914.39; 293181 DEBIT CARD LOSSES - RECOVERY $-944.4; 293204 DEBIT CARD DISPUTES - PROV CRs $168327.27; 293205 DEBIT CARD FRAUD - RECOVERIES $-137347.38; 293206 ACH FRAUD CHARGE OFF $360.3; 293208 DEBIT CARDS _ DISPUTE EXPERT $15393.47; 293210 VB OLB _PER USER $46688.89 293212 E-STATEMENT_MTHLY FEE $3024.27; 293213 MOBILITI_PER USER FEE $153424.61; 293214 BILL PAY _ OTHER PROCESSING FEES $2870.45 293215 BILL PAY _ TRANSACTION FEES $23997.8; 293217 BILL PAY _ FRAUD DETECTION $3953.25; 293251 ZELLE MONTHLY EXPENSE $6325.2 293252 ZELLE USER ENROLLMENT FEE $979.65; 293253 ZELLE DEBIT CARD TRANS FEE $176.05; 293254 ZELLE IMPLEMENTATION $714.36 293256 ZELLE - OTHER PROCESSING $-838.29; 293259 DEBIT CARD DISPUTE EXPERT POSTAGE $425.23; 293261 VISA DEBIT CARD UPGRADE $6098.04; 293219 E-STATEMENTS_PER USER $24489.33; 293220 DEBIT CARDS _ SIG TRANS PROCESSING $165447.2; 293221 DEBIT CARDS _ QTRYLY VISA BILLING $108000; 293222 DEBIT CARDS _ POS TRANS PROCESSING $25818.03; 293223 DEBIT CARDS _ CLIENT CENTRAL $4037.57 293224 DEBIT CARDS _ AUTHORIZATION SUPPORT $48414.97; 293225 DEBIT CARDS _ BUSINESS CONTINUITY CHGS $31792.11; 293226 DEBIT CARDS _ CONTACT CENTER INTERVENTION $13855.18; 293228 DEBIT CARD IVR PROCESSING $4853.08; 293231 DEBIT CARD CHGBK PROC $18881.21 293233 DEBIT CARD PROCESSING PASS THRU $9000; 293234 DEBIT CARD RISK ADVISOR PER TRANS $158526.17; 293235 DEBIT CARD VISA BILLING $118797.45; 293236 DEBIT CARD DIGITAL ISSUANCE_IMPLEMENTATION $192.66; 293237 DEBIT CARD FRAUD MANAGEMENT $1299.32; 293263 DEBIT CARDS _ CARD EXPERT TOOLKIT $13994.07; 293241 STEPUP AUTHENTICATION $3243.62; 293243 AFFIRMX -COMPLIANCE SERVICES $17900; 286209 DEBIT ACCE NETWK FEE $19708.81; 293247 VB LINKLIVE MTHLY MAINT $7291.9; 293250 CARD VALET BRANDED SETUP $1007.6 293300 E-FICHENCY DOCS_PORTICO $11341.24; 295100 ACH PROCESSING $86.6; 296100 WISDOM ACCOUNTING $15988.72; 296201 COMPLIANCE REFERENCES $3191.42; 296301 RISK ASSESS SERV BEAVERCREEK $1382.7; 296302 CALLAHAN PEER SUITE DATA SUBSCRIPTION $4750.08; 296307 RATE SURVEY/RATEWATCH $3114.39; 296308 ALM VALIDATION MODEL $12060; 296401 PROFITSTAR MODEL $1889.4; 296402 FPS ENTERPRISE MONTHLY $1087.86; 296403 FPS ENTERPRISE IMPLEMENTATION $215.88; 296505 DEBIT CARD ISSUANCE $21348.22; 296512 UCHOOSE REWARDS REDEMPTION $54262.22; 296517 ACCOUNT CREATE (ORIGINATE) - IMPLM $929.88; 296519 ORIGINATE_SSL CERTS $99.68; 296530 ORIGINATE- MICRO DEP CHARGE BACKS $1.77; 296533 ORIGINATE ACUANT PER APP $11067.62; 296534 ORIGINATE MONTHLY LMS $4798.22; 296535 CONFIRM IT IDV_PER TRANS $4603.72; 296536 CONFIRM IT IDV $2268.29; 296537 E-FICHENCY CR RPTS MTHLY FEE $2268.29; 296538 E-FICHENCY EFT RPTS MTHLY FEE $1512.1; 296539 E-FINHENCY DOC IMAGING MTHLY MAINT $4143.29; 296620 DEPOSIT ACCT COMPLIANCE TRNING $33.95; 296621 DEPOSIT ACCOUNT FORMS CONSUMER $12509.96; 296622 DEPOSIT ACCOUNT FORMS BUSINESS $2673.38; 296625 ACH FORMS $135.31; 293191 REMOTE DEPOSIT CAPTURE $15900.63; 296801 VERAFIN FRAML SERVICE $24669.26; 296900 STRATEGIC PLANNING $30000; 297095 SHARED BRANCH QTRLY ASSESSMENT $4328; 297001 ATM SUPPORT FEES - TXM00837 $31926.6; 297002 ATM IMAGE FILE PROCESSING FEE - TXM00837 $2435.64 297003 ATM SUPPORT FEES - TXM01000 $23636.4; 297004 ATM IMAGE FILE PROCESSING FEE - TXM01000 $2435.64; 297005 ATM SUPPORT FEES - TXM01001 $33044.76; 297006 ATM IMAGE FILE PROCESSING FEE - TXM01001 $2435.64; 297007 ATM SUPPORT FEES - TXM01002 $31926.6 297008 ATM IMAGE FILE PROCESSING FEE - TXM01002 $2435.64; 297009 ATM SUPPORT FEES - TXM01003 $31926.6; 297010 ATM IMAGE FILE PROCESSING FEE - TXM01003 $2435.64; 297011 ATM SUPPORT FEES - TXM01405 $25435.8; 297012 ATM IMAGE FILE PROCESSING FEE - TXM01405 $2398.56; 297013 ATM SUPPORT FEES - TXM01437 $25435.8; 297014 ATM IMAGE FILE PROCESSING FEE - TXM01437 $2435.64; 297015 ATM SUP- PORT FEES - TXM01480 $33044.76; 297016 ATM IMAGE FILE PROCESSING FEE - TXM01480 $2398.92; 297018 ATM PAYMENT NETWORKS $8029.56 297100 SHARED BRANCH ISSUER EXP $12499.01; 297130 FISERV ATM MGD SERV _ SERV REQUESTS $12000; 297302 CO-OP NET PREMIUM SWITCH FEE/ITEM $-3009.45; 297304 CO-OP ANNL NON SHAREHOLDER $64.32; 297701 CO-OP NETWK PROCESSING EXP $2413.84; 297710 FMS MIGRATION $3115.20; 297800 UCHOOSE ADMIN $660; 297801 UCHOOSE - ENROLLED MBRS MTHLY $26117.83; 297126 EXTEND CALL CTR-MO CHG-DR CRD SERV $19867.28; 297127 EXTEND CALL CTR-MO CHG-DISPUTES & FRAUD $35348.18; 298100 BCP AGILITY RECOVERY $18680.04; 299102 FED CASH DELIVERY $15051.62; 298195 HARDWARE DESTRUCTION $1200; 299103 IRON MOUNTAIN SHRED $14420.33; 299119 IRON MOUNTAIN STORAGE $7269.81; 299134 QUALIFILE EXPENSES $11878.68; 299105 STATEMENT _ PAPER INSERTS $384.16; 299106 STATEMENTS-PAPER $30004.69 299107 STATEMENT PAPER POSTAGE $27833.53; 299108 ALARM MONITORING $757.44; 299117 FALSE ALARM RESPONSE FEES $30; 299115 VENMINDER/DIGITAL COMPL EXP $18516.11; 299123 DEPOSITS 360 - DEPOSIT STUDY $18279.16; 299180 VENDOR DUE DILIGENCE EXP $293.43 330100 OVER/SHORT $496.41; 330118 OVER & SHORT ATM TXM00837 $-1765.58; 330117 OVER & SHORT ATM TXM01000 $280; 330116 OVER&SHORT ATM TXM01001 $-939; 330119 OVER & SHORT ATM TXM01002 $-5015; 330120 OVER & SHORT ATM TXM01003 $239; 330108 OVER & SHORT ATM TXM01405 $-3705; 330109 OVER & SHORT ATM TXM01437 $14516; 330121 OVER & SHORT ATM TXM01480 $1197.57; 330110 OVER & SHORT COIN DOG MAIN $178.41; 330111 OVER & SHORT KAT KOIN SOUTH $-4.4; 330112 OVER & SHORT BRINKS COIN $-69.61; 370101 MISC EXPENSE $3543.94; 370102 SMALL BALANCE WRITE OFF GL BAL $0.59; 370104 TAX PENALTIES & INTEREST $-24.91