2025-05-13T16:04:49-05:00 2024-12-31 832877982 LEY GIFFORD & FARR PLLC 1601 NW EXPRESSWAY STE 1800 OKLAHOMA CITY OK 73118 990 2024-01-01 730742019 OKLAHOMA EDUCATORS CREDIT UNION OKLA 4057222234 4001 NW EXPRESSWAY OKLAHOMA CITY OK 73116 Cindy White PRESIDENT 4057222234 2025-05-12 1 1 Clarissa Hunter P01782251 4058480255 2024 2025-03-06 01:10:19Z CINDY WHITE 4001 NW EXPRESSWAY OKLAHOMA CITY OK 73116 27869367 0 X WWW.OECU.COM X 1960 OK PROVIDING FINANCIAL SERVICES TO SCHOOL EMPLOYEES, STUDENTS, AND THEIR FAMILIES. 7 7 140 11 0 0 0 0 15768887 15009030 2118314 2322814 -186 2145 17887015 17333989 20244 17494 2158659 2483917 5784644 5483281 0 0 0 6920326 6929503 14883873 14914195 3003142 2419794 235069234 211325265 211807325 186375174 23261909 24950091 PROVIDING FINANCIAL SERVICES TO SCHOOL EMPLOYEES, STUDENTS, AND THEIR FAMILIES. 0 0 14914195 17494 16841427 OKLAHOMA EDUCATORS CREDIT UNION IS A STATE CHARTERED CREDIT UNION SERVICING EDUCATORS, STUDENTS, AND THEIR FAMILIES. 14914195 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 2427 0 1 140 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 0 0 1 0 0 0 OK X OKLAHOMA EDUCATORS CREDIT UNION 4057222234 4001 NW EXPRESSWAY OKLAHOMA CITY OK 73116 RENEE AXTELL BOARD MEMBER 5.00 X 0 0 0 BRENDA BOLEN BOARD MEMBER 5.00 X 0 0 0 STEVEN ALLEN BOARD MEMBER 5.00 X 0 0 0 ANDY SCOTT BOARD MEMBER 5.00 X 0 0 0 RICK DAWKINS BOARD MEMBER - CHAIRMAN 5.00 X 0 0 0 JEFF DEWITT BOARD MEMBER 5.00 X 0 0 0 MIKE OSSENKOP BOARD MEMBER 5.00 X 0 0 0 CINDY WHITE PRESIDENT / CEO 60.00 X 460696 0 74204 TRENT VAUGHN SENIOR VICE PRESIDENT 60.00 X 332803 0 89103 BOB HERZIG CFO 60.00 X 185089 0 57083 JOSH STONE VP OF BACK OFFICE OPERATIONS 60.00 X 119784 0 12304 KELLY HENSLEY IN-HOUSE COUNSEL 40.00 X 101000 0 8675 1199372 0 241369 5 0 1 0 Jack Henry & Associates Inc PO Box 609 Monett MO 65708 Data processing Services/Core Processor 421157 Autopay Direct Inc 8055 E Tufts Ave Denver CO 80237 Loan Refinance Referral Fees 289635 CNET Inc PO Box 1437 Mustang OK 73064 Network Maintenance and Security 200982 3 LOAN INTEREST 522100 12289825 12289825 FEES AND SERVICE CHARGES 522100 2570466 2570466 OTHER INCOME 522100 148739 148739 15009030 1832397 1832397 9408 7263 2145 2145 2145 9920522 1098010 9918498 609617 2024 488393 490417 490417 17333989 16841427 0 492562 5598 11896 2483917 1079433 3670029 55061 353347 325411 210255 55000 7944 82703 94758 446910 851452 429284 29803 75934 1937765 457541 109832 PROVISION FOR LOAN LOSS 1379050 PROCESSING FEES 342719 COLLECTION EXPENSE 111065 CREDIT BUREAU 66403 241085 14914195 6527587 6579710 1354 1621 4346 34204 155476785 142065540 555223 533297 15338458 3249591 12363242 12088867 58431881 48223077 1708816 1798949 235069234 211325265 1418981 1700762 197482 228987 42146400 38000000 168044462 146445425 211807325 186375174 X 0 0 0 0 23261909 24950091 23261909 24950091 235069234 211325265 2419794 -731612 0 X X 0 0 0 0 1 X 2329083 2329083 11738284 2223677 9514607 23112 20612 2500 1247979 1005302 242677 12088867 CATALYST CORP CU 1139078 C FEDERAL HOME LOAN BANK 1710000 C MBO SECURITIES 43841791 F SERVICE CENTER CU 50000 C CUSO - INSURANCE 33000 C NCUA SHARE INSURANCE FUND 1449208 C 48223077 SHARE ACCOUNTS 146093590 LOAN PROCEEDS DISBURSEMENT 146234 TOTAL CLEARING ACCOUNTS 157409 RESERVE FOR UNFUNDED COMMITMENTS 48192 146445425 Part IV, Line 2b: OECU collects funds when a mortgage payment is made and these funds are held in an escrow account. These funds are later disbursed to pay a member's insurance premiums and real estate taxes. The 2024 balance is $225,838. OECU collected funds to purchase backpacks and school supplies to be donated to students in the community. The 2024 balance is $3,148. 1 SUITED FOR SUCCESS 7300 NW 23RD STREET SUITE 220 BETHANY OK 73008 731466393 501(c)(3) 4460 0 Helps women achieve self sufficiency by providing professional clothing and career development services. OKLAHOMA'S CREDIT UNION - SUGAR & SPURS EVENT 3001 N LINCOLN BLVD OKLAHOMA CITY OK 73105 278 0 Donation to Sugar and Spurs Event to raise funding for research and treatment of pediatric illnesses. CREDIT UNION HOUSE OF OKLAHOMA 631 E HILL STREET OKLAHOMA CITY OK 73105 360 0 Location supported by all credit unions in the area and is utilized for events, training, conferences, and meetings. MECU CARING FOR COMMUNITY FOUNDATION INC 8812 S WALKER AVE OKLAHOMA CITY OK 73139 991090095 501(c)(3) 500 0 Donation to Caring for Community Event to raise funding for charitable and civic-oriented functions. 2 2 TEACHER GRANT PROGRAM 30 11896 Part I, Line 2: Grant recipients are chosen by a committee based on the information provided by the applicant including: reason for the project, clearly stated goals, impact and longevity of funds, and credit union membership. Decision of the committee will be final. X 0 0 0 CINDY WHITE PRESIDENT / CEO 328323 0 81322 0 51051 0 74204 0 0 0 534900 0 0 0 TRENT VAUGHN SENIOR VICE PRESIDENT 237418 0 67058 0 28327 0 81390 0 7713 0 421906 0 0 0 BOB HERZIG CFO 136260 0 48793 0 36 0 49370 0 7713 0 242172 0 0 0 RENE AXTELL BOARD MEMBER HELOC X 42666 34204 0 1 1 34204 Form 990, Part VI, Section A, line 6 THE ORGANIZATION HAS ONLY ONE CLASS OF MEMBERS AND NO STOCKHOLDERS. Form 990, Part VI, Section A, line 7a MEMBER ELECTION Form 990, Part VI, Section B, line 11b DETERMINED BY BOARD OF DIRECTORS Form 990, Part VI, Section C, line 19 DOCUMENTS PROVIDED UPON REQUEST Part XII, Line 2a Per section 715.7 of the National Credit Union Administration, A credit union which is not required to obtain a financial statement audit may fulfill its supervisory committee responsibility by obtaining an Other Supervisory Committee Audit. Oklahoma Educators Credit Union fulfills this obligation by obtaining a Supervisory Committee Annual Review by a third-party. Part XII, Line 2c NO CHANGE IN PROCESS FROM PRIOR YEAR. EDUCATORS INSURANCE AGENCY LLC 4001 NW EXPRESSWAY OKLAHOMA CITY OK 73116 831564067 To sell property and casualty insurance products to members of OECU. OK OKLAHOMA EDUCATORS CREDIT UNION C -707 28689 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 EDUCATORS INSURANCE AGENCY LLC Q 950 ACTUAL AMOUNT