2023-11-08T14:23:04-06:00 2022-12-31 541149263 YOUNT HYDE & BARBOUR PC 8100 SANDPIPER CIR STE 308 BALTIMORE MD 21236 990 2022-01-01 520853115 HAR-CO CREDIT UNION HAR- 4108389090 30 N HICKORY AVENUE BEL AIR MD 21014 MALIA A DIERKEN CFO 4108389090 2023-10-26 1 MALIA DIERKEN 999009999 0 JOSEPH A MUSUMECI JR P00841270 4437255395 2023-10-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MALIA A DIERKEN 30 N HICKORY AVENUE BEL AIR MD 21014 9204810 0 X WWW.HARCOCU.ORG X 1955 MD STATE CHARTERED CREDIT UNION 7 7 70 0 901 0 0 0 7124521 7889363 199443 1315447 0 0 7323964 9204810 0 0 0 0 3930545 4224892 0 0 0 3289309 3622070 7219854 7846962 104110 1357848 238720840 245148533 871889 2980152 237848951 242168381 TO PROVIDE A SOUND FINANCIAL INSTITUTION WITH EXCELLENT MEMBER SERVICE FOR OUR CREDIT UNION FAMILY. WE MAKE OUR MEMBERSHIP OUR FIRST CONSIDERATION IN EVERYTHING WE DO. 0 0 HAR-CO CREDIT UNION PROVIDES FINANCIAL SERVICES TO ITS 14,067 MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 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 4311 0 1 70 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 0 1 1 1 0 X MALIA A DIERKEN 4108389090 30 N HICKORY AVENUE BEL AIR MD 21014 BLAISE SEDNEY CHAIRMAN 1.00 X 0 0 0 CHARLES WELLINGTON DIRECTOR 0.50 X 0 0 0 THORKILD PAABY JR DIRECTOR 0.50 X 0 0 0 TERESA KNOX SECRETARY 0.50 X 0 0 0 DR AUSTIN HILL TREASURER 0.50 X 0 0 0 LAWRENCE DUKES VICE CHAIRMAN 0.50 X 0 0 0 STEVEN JOHNSON DIRECTOR 0.50 X 0 0 0 ERIC REBBERT DIRECTOR 0.50 X 0 0 0 MALIA DIERKEN EVP/CFO 40.00 X 133455 0 19174 ANGELA GREGORY VP/SR. MORTGAGE OFFICER 40.00 X 169959 0 13980 GILBERT KENNEDY III PRESIDENT/CEO 40.00 X 231720 0 25709 MARK FREYER SVP/CRO 40.00 X 154008 0 13647 JOHN SHROADS JR EVP/COO AND CCO 40.00 X 188079 0 15078 SHARON WILSON SVP/CTO 40.00 X 169795 0 19671 1047016 0 107259 6 0 1 0 FISERV PO BOX 745148 ATLANTA GA 303745148 SYSTEM AND MOBILE BANKING PROVIDER 578487 THE PENTAS GROUP ADVISORS INC 242 N YORK STREET SUITE 202 ELMHURST IL 60126 CONTRACT ADVISORS 173803 JOHN HEAGY RRC 10921 YORK ROAD SUITE 1A HUNT VALLEY MD 21030 RENOVATION TO BUILDING 125025 ABERDEEN MARKETPLACE LLC 1016 BEARDS HILL ROAD ABERDEEN MD 21001 GROUND RENT/LEASE 107955 4 INTEREST ON LOANS 522100 5893658 5893658 OTHER SERVICES 525990 1385667 1385667 SHARE ACCOUNT SERVICES 525990 540641 540641 CREDIT INSURANCE 524298 56845 56845 ATM SERVICES 525990 12552 11651 901 7889363 1315447 1315447 9204810 7888462 901 1315447 1154275 2598161 75328 127649 269479 75300 92562 112942 1282007 82760 502094 30342 600 263751 322775 54233 LENDING EXPENSES 381347 LOAN LOSS PROVISION 201900 ATM EXPENSES 127013 MISCELLANEOUS 92444 7846962 27691339 7359040 45694835 6945115 255504 226428 122033803 154401498 314330 528459 7933325 5240080 2713779 2693245 37244000 67248000 2773250 5746748 238720840 245148533 871889 2980152 871889 2980152 X 219019602 221981184 0 0 18829349 20187197 237848951 242168381 238720840 245148533 X 1357848 2961582 X X 0 1 X 1 0 519000 519000 5873173 4044404 1828769 1541152 1195676 345476 2693245 9204810 0 9204810 0 9204810 7846962 0 7846962 0 7846962 1 X X X X 0 0 0 GILBERT KENNEDY III PRESIDENT/CEO 231720 0 0 0 0 0 9681 0 16028 0 257429 0 0 0 JOHN SHROADS JR EVP/COO AND CCO 188079 0 0 0 0 0 1403 0 13675 0 203157 0 0 0 SHARON WILSON SVP/CTO 169795 0 0 0 0 0 8976 0 10695 0 189466 0 0 0 ANGELA GREGORY VP/SR. MORTGAGE OFFICER 169959 0 0 0 0 0 1314 0 12666 0 183939 0 0 0 MARK FREYER SVP/CRO 154008 0 0 0 0 0 1403 0 12244 0 167655 0 0 0 MALIA DIERKEN EVP/CFO 133455 0 0 0 0 0 7196 0 11978 0 152629 0 0 0 CHARLES WELLINGTON DIRECTOR CREDIT CARD AND HOME EQUITY X 69202 2409 0 1 1 TERESA KNOX BOARD SECRETARY CREDIT CARD AND MORTGAGE X 288000 200524 0 1 1 BLAISE SEDNEY CHAIRMAN CREDIT CARD AND HOME EQUITY X 64050 19485 0 1 1 GILBERT F KENNEDY III PRESIDENT AND CEO CREDIT CARD X 2000 1404 0 1 1 AUSTIN HILL BOARD TREASURER CREDIT CARD X 9096 2606 0 1 1 226428 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS 14,067 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A CREDIT UNION MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND CFO WILL REVIEW FORM 990 FOR ACCURACY. THE BOARD CHAIRMAN REVIEWS THE FINAL FORM 990 ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS AND THE SUPERVISORY COMMITTEE MEMBERS ARE REQUIRED TO SIGN ACKNOWLEDGEMENT FORMS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 AN ONLINE EVALUATION OF THE PRESIDENT/CEO IS COMPLETED AND SUBMITTED THE THE BOARD OF DIRECTORS CHAIRMAN. EACH BOARD MEMBER ALSO COMPLETES AN EVALUATION, AND THEY ARE COMPILED. THE BOARD OF DIRECTORS THEN DECIDES THE SALARY OF THE PRESIDENT/CEO. THE PRESIDENT/CEO DETERMINES OTHER OFFICERS' COMPENSATION ANNUALLY AFTER AN ONLINE EVALUATION IS COMPLETED AND BASED UPON BOARD APPROVED BUDGET/GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19 THE MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF ALL CREDIT UNION LOCATIONS. ANY CREDIT UNION VOLUNTEER OR STAFF MEMBER CAN ARRANGE FOR A MEMBER TO EXAMINE THE BY-LAWS OR BOARD MEETING MINUTES. FORM 990, PART XI, LINE 9: NET INCREASE IN MEMBERS' SHARE ACCOUNTS 2,961,582. FORM 990, PART XII, LINE 2C: THE SUPERVISORY COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANTS.