FAMILY SECURITY CREDIT UNION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: FAMILY SECURITY CREDIT UNION (EIN 63-0757453)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-05-13
IRS object ID: 202231339349306328
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-13T13:39:29-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	461498870	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BMSS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1121 RIVERCHASE OFFICE RD	AddressLine1Txt
City	BIRMINGHAM	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35244	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	630757453	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FAMILY SECURITY CREDIT UNION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FAMI	BusinessNameControlTxt
Phone	2563402000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2204 FAMILY SECURITY PLACE SW	AddressLine1Txt
City	DECATUR	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35603	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SHANE NOBBLEY	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	2563402000	PhoneNum
Signature	2022-05-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	SHANE	PersonFirstNm
Person Last	NOBBLEY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	D SCOTT STEVENS CPA	PreparerPersonNm
PTIN	P00362431	PTIN
Phone	2059825500	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	SHANE NOBBLEY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2204 FAMILY SECURITY PLACE SW	AddressLine1Txt
City	DECATUR	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35603	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$37,679,526	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.MYFSCU.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1953	FormationYr
Legal Domicile State	AL	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	289	TotalEmployeeCnt
Total Volunteers	12	TotalVolunteersCnt
Total Gross UBI	$5,859	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$17,951,953	PYProgramServiceRevenueAmt
CY Program Service Revenue	$17,174,611	CYProgramServiceRevenueAmt
PY Investment Income	$3,132,233	PYInvestmentIncomeAmt
CY Investment Income	$2,510,951	CYInvestmentIncomeAmt
PY Other Revenue	$14,543,146	PYOtherRevenueAmt
CY Other Revenue	$17,993,964	CYOtherRevenueAmt
PY Total Revenue	$35,627,332	PYTotalRevenueAmt
CY Total Revenue	$37,679,526	CYTotalRevenueAmt
PY Grants And Similar Paid	$5,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$5,000	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$12,070,552	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$12,850,209	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$14,670,763	PYOtherExpensesAmt
CY Other Expenses	$13,031,892	CYOtherExpensesAmt
PY Total Expenses	$26,746,315	PYTotalExpensesAmt
CY Total Expenses	$25,887,101	CYTotalExpensesAmt
PY Revenues Less Expenses	$8,881,017	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$11,792,425	CYRevenuesLessExpensesAmt
Total Assets BOY	$818,907,967	TotalAssetsBOYAmt
Total Assets EOY	$941,244,457	TotalAssetsEOYAmt
Total Liabilities BOY	$705,402,483	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$817,080,503	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$113,505,484	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$124,163,954	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	88,497 MEMBERS SERVED TO PROMOTE THRIFT OPPORTUNITIES AND LOW COST LOANS	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	10157	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	289	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SHANE NOBBLEY CEO	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2563402000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2204 FAMILY SECURITY PLACE SW	AddressLine1Txt
City	DECATUR	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35603	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
JAMES JEFFREYS
BOARD CHAIRMAN	1.00	Yes (X)	$0	$0	$0
TOMMIE SMITH
BOARD VICE-CHAIRMAN	1.00	Yes (X)	$0	$0	$0
RAY DURHAM
BOARD TREASURER	1.00	Yes (X)	$0	$0	$0
ALBERT BUSH
BOARD SECRETARY	1.00	Yes (X)	$0	$0	$0
THOMAS JOHNSON
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
BRUCE GARRISON
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
KENNETH LIVINGSTON
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
ERNESTINE MCDONALD
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
JAMES MCLIN
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
M SHANE NOBBLEY
PRESIDENT/CEO	40.00		$450,671	$0	$25,278	Yes (X)
DEBRA MCCAGHREN
VP FINANCE & OFFICE OPS.	40.00		$211,120	$0	$12,186	Yes (X)
J COLE SHARP
VP LENDING & BRANCH OPS.	40.00		$205,994	$0	$16,817	Yes (X)
ZACHARY HOWELL
VP MARKETING & ADMIN.	40.00		$184,473	$0	$20,023	Yes (X)
SHAWN METZ
VP COMPUTER INFO SYS	40.00		$193,326	$0	$11,131	Yes (X)
MACHELLE KELLY
EMPLOYEE	40.00		$110,882	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,356,466	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$85,435	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	6	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
WOODWARD CONSTRUCTION & DESIGN INC
2309 US-21	HARTSELLE	AL	35640	BUILDING/RENOVATIONS	$694,043
JACK HENRY & ASSOCIATES
PO BOX 807	MONETT	MO	657088215	SOFTWARE PROVIDER	$576,259
AT&T
PO BOX 52187	PHOENIX	AZ	850722187	PHONE SERVICE/COMPUTER LINE	$567,279
DELL MARKETING LP
1 DELL WAY	ROUND ROCK	TX	78682	COMPUTER SERVICES	$282,607
DIEBOLD NIXDORF INCORPORATED
2859 PACES FERRY RD SE SUITE 1800	ATLANTA	GA	30339	TRANSACTION SYSTEMS	$242,731

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	7	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	LOAN INTEREST INCOME	Desc
Business	522130	BusinessCd
Total Revenue Column	$17,174,611	TotalRevenueColumnAmt
Related Or Exempt Func Income	$17,174,611	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$17,174,611	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,510,951	TotalRevenueColumnAmt
Exclusion	$2,510,951	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$187,733	TotalRevenueColumnAmt
Exclusion	$187,733	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INTERCHANGE ACCOUNT CHARGES	522130	$6,495,378	$6,495,378
OTHER ACCOUNT & LOAN FEES	522130	$4,503,496	$4,503,496
OVERDRAFT PRIVILEGE FEES	522130	$4,418,057	$4,418,057

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,389,300	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,383,441	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$5,859	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$17,806,231	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$37,679,526	TotalRevenueColumnAmt
Related Or Exempt Func Income	$34,974,983	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$5,859	UnrelatedBusinessRevenueAmt
Exclusion	$2,698,684	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$5,000	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,331,019	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$8,558,317	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,260,429	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$700,444	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$32,830	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$110,600	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$875,484	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$193,327	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,833,801	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,821,769	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$78,580	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$96,095	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,475,012	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,165,155	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$162,163	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
CHECK AND LOAN SERVICIN	$1,726,186
ATM AND DEBIT CARD FEES	$1,552,142
TAXES AND LICENSES	$570,008
GOVERNMENT OPERATING FE	$95,430

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$243,310	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$25,887,101	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$11,781,581	BOYAmt
EOY	$13,272,034	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$205,852,438	BOYAmt
EOY	$271,062,008	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$419,100,840	BOYAmt
EOY	$428,697,855	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,535,568	BOYAmt
EOY	$856,101	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$40,853,622	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$12,527,409	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$27,698,352	BOYAmt
EOY	$28,326,213	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,021,561	BOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$139,029,683	BOYAmt
EOY	$181,600,357	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$113,860	BOYAmt
EOY	$118,250	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$11,774,084	BOYAmt
EOY	$17,311,639	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$818,907,967	BOYAmt
EOY	$941,244,457	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$5,484,777	BOYAmt
EOY	$5,030,571	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$699,917,706	BOYAmt
EOY	$812,049,932	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$705,402,483	BOYAmt
EOY	$817,080,503	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$113,505,484	BOYAmt
EOY	$124,163,954	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$113,505,484	BOYAmt
EOY	$124,163,954	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$818,907,967	BOYAmt
EOY	$941,244,457	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$11,792,425	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$4,497,409	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$3,363,454	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,067,272	OtherCostOrOtherBasisAmt
Book Value	$10,067,272	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$23,592,649	OtherCostOrOtherBasisAmt
Depreciation	$6,495,833	DepreciationAmt
Book Value	$17,096,816	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$250,000	OtherCostOrOtherBasisAmt
Depreciation	$172,873	DepreciationAmt
Book Value	$77,127	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,943,701	OtherCostOrOtherBasisAmt
Depreciation	$5,858,703	DepreciationAmt
Book Value	$1,084,998	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$28,326,213	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	GOVERNMENT AGENCY SECURITIES	Desc
Book Value	$181,600,357	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$181,600,357	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	SHARE DEPOSITS	Desc
Amt	$812,049,932	Amt

Field	Value	IRS element (for citing)
Total Liability	$812,049,932	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
M SHANE NOBBLEY
PRESIDENT/CEO	$450,671	$0	$0	$0	$0	$0	$14,500	$0	$10,778	$0	$475,949	$0	$0	$0
DEBRA MCCAGHREN
VP FINANCE & OFFICE OPS.	$211,120	$0	$0	$0	$0	$0	$10,434	$0	$1,752	$0	$223,306	$0	$0	$0
J COLE SHARP
VP LENDING & BRANCH OPS.	$205,994	$0	$0	$0	$0	$0	$10,293	$0	$6,524	$0	$222,811	$0	$0	$0
ZACHARY HOWELL
VP MARKETING & ADMIN.	$184,473	$0	$0	$0	$0	$0	$9,654	$0	$10,369	$0	$204,496	$0	$0	$0
SHAWN METZ
VP COMPUTER INFO SYS	$193,326	$0	$0	$0	$0	$0	$9,616	$0	$1,515	$0	$204,457	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 3,363,454.
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, 2021 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, 2021 FAMILY SECURITY CREDIT UNION IS MAKING THE ELECTION TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N).