2025-05-21T11:03:09-05:00 2024-12-31 461498870 BMSS LLC 1121 RIVERCHASE OFFICE RD BIRMINGHAM AL 35244 990 2024-01-01 630757453 FAMILY SECURITY CREDIT UNION FAMI 2563402000 2204 FAMILY SECURITY PL SW DECATUR AL 35603 SHANE NOBBLEY CEO 2563402000 2025-05-06 1 0 CHERION SIBLEY CPA P00090514 2059825500 2025-05-06 2024 2025-03-06 01:10:19Z SHANE NOBBLEY 2204 FAMILY SECURITY PL SW DECATUR AL 35603 61040712 0 X WWW.MYFSCU.COM X 1953 AL TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS 8 8 272 12 52758 0 0 0 22418559 26897051 14928267 15810101 17569304 18333560 54916130 61040712 5000 5000 0 0 15370912 15657356 0 0 0 20149397 24912347 35525309 40574703 19390821 20466009 930544557 974844524 787652145 810016194 142892412 164828330 TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS 0 0 88,574 MEMBERS SERVED TO PROMOTE THRIFT OPPORTUNITIES AND LOW COST LOANS 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 22372 0 1 272 1 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 X SHANE NOBBLEY CEO 2563402000 2204 FAMILY SECURITY PL SW DECATUR AL 35603 JAMES JEFFREYS BOARD CHAIRMAN 1.00 X 0 0 0 JAMES MCLIN BOARD VICE-CHAIRMAN 1.00 X 0 0 0 RAY DURHAM BOARD MEMBER 1.00 X 0 0 0 THOMAS JOHNSON BOARD SECRETARY 1.00 X 0 0 0 BRUCE GARRISON BOARD MEMBER 1.00 X 0 0 0 KENNETH LIVINGSTON BOARD MEMBER 1.00 X 0 0 0 LARRY AKIN BOARD TREASURER 1.00 X 0 0 0 MILFORD WOMACK BOARD MEMBER 1.00 X 0 0 0 M SHANE NOBBLEY MANAGER OR CEO 40.00 X 518477 0 31668 J COLE SHARP VP LENDING & BRANCH OPS. 40.00 X 259285 0 21697 ZACHARY HOWELL VP MARKETING & ADMIN. 40.00 X 236972 0 26688 SHAWN METZ VP COMPUTER INFO SYS 40.00 X 259016 0 14508 MACHELLE KELLY AVP OF OPERATIONS 40.00 X 147030 0 15373 TIFFANY MORGAN VP OF FINANCE AND BACK OFF 40.00 X 173242 0 23103 JENNIFER N CHENAULT HUMAN RESOURCE MANAGER 40.00 X 107783 0 6210 JAMIE L GATLIN AVP OF INFORMATIONS SYSTEMS 40.00 X 113024 0 19738 JENNIFER L THOMAS AVP OF OPERATIONS 40.00 X 118100 0 19971 1932929 0 178956 9 0 1 0 WOODWARD CONSTRUCTION & DESIGN INC 2309 US-21 HARTSELLE AL 35640 BUILDING/RENOVATIONS 1472605 JACK HENRY & ASSOCIATES PO BOX 807 MONETT MO 657088215 SOFTWARE PROVIDER 961336 AT&T PO BOX 52187 PHOENIX AZ 850722187 PHONE SERVICE/COMPUTER LINE 387606 DIEBOLD NIXDORF INCORPORATED 2859 PACES FERRY RD SE SUITE 1800 ATLANTA GA 30339 TRANSACTION SYSTEMS 316763 DATA PLUS SECURITY LLC 4200 TOVE BOULEVARD HUEYTOWN AL 35023 SECURITY SERVICES 258562 9 LOAN INTEREST INCOME 522130 26897051 26897051 26897051 15776579 15776579 218983 218983 33522 0 33522 33522 33522 INTERCHANGE ACCOUNT CHARGES 522130 7002346 7002346 OTHER ACCOUNT & LOAN FEES 522130 5318693 5318693 OVERDRAFT PRIVILEGE FEES 522130 5201920 5201920 591618 538860 52758 18114577 61040712 44992392 52758 15995562 5000 1727058 10912818 2118138 899342 65095 137500 1490535 153944 1939221 2078659 142648 152671 9741462 1068328 221898 PROVISION FOR LOAN LOSS 2750316 CHECK AND LOAN SERVICIN 2091034 ATM AND DEBIT CARD FEES 2028420 TAXES AND LICENSES 402138 448478 40574703 13540413 11192276 155404573 228266631 7928839 11987089 452394754 435472708 746409 898444 48374647 15667052 31044967 32707595 241891158 226113467 131684 138302 27461760 28068012 930544557 974844524 10848473 6958093 776803672 803058101 787652145 810016194 X 0 0 0 0 142892412 164828330 142892412 164828330 930544557 974844524 X 20466009 784441 685468 X X 0 0 0 10063787 10063787 30196614 8460286 21736328 250000 250000 0 7864246 6956766 907480 32707595 GOVERNMENT AGENCY SECURITIES 226113467 C 226113467 MEMBER DEPOSITS 803058101 803058101 X 1 1 X X X 0 0 0 M SHANE NOBBLEY MANAGER OR CEO 518477 0 0 0 0 0 17250 0 14418 0 550145 0 0 0 J COLE SHARP VP LENDING & BRANCH OPS. 259285 0 0 0 0 0 12957 0 8740 0 280982 0 0 0 SHAWN METZ VP COMPUTER INFO SYS 259016 0 0 0 0 0 12887 0 1621 0 273524 0 0 0 ZACHARY HOWELL VP MARKETING & ADMIN. 236972 0 0 0 0 0 12411 0 14277 0 263660 0 0 0 TIFFANY MORGAN VP OF FINANCE AND BACK OFF 173242 0 0 0 0 0 9215 0 13888 0 196345 0 0 0 MACHELLE KELLY AVP OF OPERATIONS 147030 0 0 0 0 0 7346 0 8027 0 162403 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 FAMILY SECURITY CREDIT UNION IS A NON-PROFIT FINANCIAL INSTITUTION THAT IS OWNED AND OPERATED BY ITS MEMBERS. MEMBERSHIP IS AVAILABLE TO INDIVIDUALS AND BUSINESSES WHO LIVE, WORK, WORSHIP, OR ATTEND SCHOOL IN BALDWIN, BIBB, BLOUNT, CHOCTAW, CLARKE, COLBERT, CULLMAN, DALLAS, DE KALB, ETOWAH, FRANKLIN, JACKSON, JEFFERSON, LAUDERDALE, LAWRENCE, LIMESTONE, LOWNDES, MADISON, MARENGO, MARSHALL, MOBILE, MONROE, MORGAN, PERRY, TUSCALOOSA, WALKER, WASHINGTON, WILCOX, OR WINSTON COUNTIES IN ALABAMA. IN ADDITION, EMPLOYEES AND RETIREES OF RUBY TUESDAY, INC., EMPLOYEES AND RETIREES OF SPECIALTY RESTAURANT GROUP, INC., AND EMPLOYEES AND RETIREES OF THE COMPASS GROUP FAMILY OF COMPANIES, FAMILIES OF MEMBERS, AND ORGANIZATIONS OF SUCH PERSONS ARE ALSO ELIGIBLE FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A A NOMINATING COMMITTEE MAKES RECOMMENDATIONS FOR AVAILABLE BOARD MEMBER POSITIONS AT THE ANNUAL MEETING. MEMBERS CAN ALSO BE NOMINATED BY PETITION. MEMBERS THEN VOTE BY BALLOT WHEN MORE THAN ONE NOMINEE IS SEEKING ELECTION. FORM 990, PART VI, SECTION A, LINE 8B THE CREDIT UNION DOES NOT HAVE COMMITTEES WITH THE RESPONSIBILITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF FAMILY SECURITY CREDIT UNION'S FORM 990, THE RETURN IS DISTRIBUTED TO THE BOARD FOR REVIEW. THE BOARD MEMBERS REVIEW THE TAX RETURN AND ARE FREE TO ASK ANY QUESTIONS OR ENGAGE IN DISCUSSION REGARDING ANY TOPIC COVERED IN THE RETURN. ONCE THE GOVERNING BODY HAS REVIEWED THE FORM 990, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CREDIT UNION STAFF REVIEW AND SIGN A WRITTEN CONFLICT OF INTEREST POLICY WHEN HIRED. THIS POLICY IS MONITORED BY THE CREDIT UNION. IT IS THE RESPONSIBILITY OF STAFF OR DIRECTORS TO IMMEDIATELY NOTIFY THE CREDIT UNION MANAGERS OF ANY POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO AND VICE PRESIDENTS IS REVIEWED ON A YEARLY BASIS. THE CEO REVIEWS THE VICE PRESIDENTS' SALARY AND THE EXECUTIVE COMMITTEE REVIEWS THE CEO'S SALARY. DURING THE REVIEWS, THE CEO AND EXECUTIVE COMMITTEE TAKE INTO ACCOUNT THE TYPE AND AMOUNT OF WORK PERFORMED BY THE EMPLOYEE WHILE TAKING INTO ACCOUNT THE CREDIT UNION'S CURRENT FINANCIAL STATUS AND BUDGET. BOTH THE CEO AND EXECUTIVE COMMITTEE USE THE NATIONAL PEER GROUP SALARY GUIDES PROVIDED BY CUNA AS AN INDEPENDENT SALARY GUIDE. FORM 990, PART VI, SECTION C, LINE 19 FAMILY SECURITY CREDIT UNION MAKES AVAILABLE ITS FINANCIAL STATEMENTS VIA THE NCUA WEBSITE WHICH CAN BE FOUND AT WWW.NCUA.GOV. OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET CHANGE IN OTHER COMPREHENSIVE INCOME/LOSS 685,468. FORM 990, PART XII, LINE 2: THE CREDIT UNION HAS SEPTEMBER 30 YEAR END AUDITED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH GAAP BY AN INDEPENDENT CPA. ON A YEARLY BASIS, THE ALABAMA CREDIT UNION ADMINISTRATION EXAMINES THE FINANCIAL STATEMENTS. THE NATIONAL CREDIT UNION ADMINISTRATION WILL PERIODICALLY PERFORM REVIEWS OF THE CREDIT UNION'S FINANCIAL STATEMENTS. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION FAMILY SECURITY CREDIT UNION 2204 FAMILY SECURITY PLACE, SW DECATUR, AL 35603 EMPLOYER IDENTIFICATION NUMBER: 63-0757453 FOR THE YEAR ENDING DECEMBER 31, 2024 FAMILY SECURITY CREDIT UNION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). SECTION 1.263(A)-3(N) ELECTION FAMILY SECURITY CREDIT UNION 2204 FAMILY SECURITY PLACE, SW DECATUR, AL 35603 EMPLOYER IDENTIFICATION NUMBER: 63-0757453 FOR THE YEAR ENDING DECEMBER 31, 2024 FAMILY SECURITY CREDIT UNION IS MAKING THE ELECTION TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N).