2022-05-16T10:26:33-05:00 2021-12-31 990 2021-01-01 362282191 FINANCIAL PLUS CREDIT UNION % JEAN MCDONALD FINA 8154331496 800 CHESTNUT STREET OTTAWA IL 61350 JEAN MCDONALD CFO 8154331496 2022-05-16 JEAN MCDONALD 999009999 1 IAL1 2021 2022-09-23 18:48:47Z TIMOTHY N O'DONNELL 800 CHESTNUT STREET OTTAWA IL 61350 18526978 false X www.financialplus.org X COOPERATIVE 1951 IL TO ASSIST OUR MEMBERS IN THE MANAGEMENT OF THEIR FINANCIAL WELLBEING BY PROVIDING LOANS SAVINGS ACCOUNTS AND OTHER FINANCIAL SERVICES 7 7 153 7 0 0 16096135 17413956 1181206 1021984 0 17277341 18435940 0 0 6093324 6440376 0 0 8574962 8675513 14668286 15115889 2609055 3320051 397647993 450128379 345300924 395326307 52347069 54802072 EXCEPTIONAL SERVICE TO MEMBERS false false PROVIDED 6,481 NEW LOANS TO MEMBERS DURING 2021 TOTALING $112,607,267. THIS INCLUDES REAL ESTATE, HOME EQUITY, AND CONSUMER LOANS PROVIDED 21,497 SHARE DRAFT CHECKING ACCOUNTS WITH RELATED SERVICES TO OUR MEMBERS PROVIDED 6,441 MEMBERS WITH VISA CREDIT CARDS. THE REVOLVING LINES OF CREDIT ON THESE CARDS TOTAL $24,809,130 false false true false false false false false true false true false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true 4956 0 true 153 true false false false false false false false false false false X 7 7 false false false false true true true true true false true true false false true true true true false X X FIELDING A LOCKAS 8154331496 800 CHESTNUT STREET OTTAWA IL 61350 TIMOTHY O'DONNELL PRESIDENTCEO 40.00 X 303698 0 31078 PETER FAUTH EXECUTIVE VP 40.00 X 222981 0 27346 DIANNE BANGERT VPCOO 40.00 X 132876 0 24931 JEAN MCDONALD VPCFO 40.00 X 137716 0 18205 KATHLEEN JENKINS VPLENDING 40.00 X 116315 0 22740 THOMAS GREGOR VPCIO 40.00 X 126144 0 16304 GILBERT MEYER SUPERVISORY COMMITTEE 2.000 X 0 0 0 PAUL SWEEDEN SUPERVISORY COMMITTEE 2.000 X 0 0 0 ANTHONY QUIGLEY SUPERVISORY COMMITTEE 2.000 X 0 0 0 CHAD COX BOARD SECRETARY 2.000 X 0 0 0 VINCENT KOZSDIY BOARD CHAIR 2.000 X 0 0 0 JOSEPH NAVARRO VICE CHAIR 2.000 X 0 0 0 THOMAS BRETAG BOARD TREASURER 2.000 X 0 0 0 1039730 140604 8 false true false THE REDMOND COMPANY W228 N745 WESTMOUND DR WAUKESHA WI 53186 DESIGN CONSULTING 10241971 FISERV INC PO BOX 934057 ATLANTA GA 31193 COMPUTER SERVICES 934410 BLUECROSS BLUESHIELD OF IL PO BOX 650615 DALLAS TX 75265 EMPLOYEE HEALTH INSURANCE 741472 NCR CORPORATION PO BOX 740641 LOS ANGELES CA 90074 INTERNET BANKING 716364 CREATIVE SERVICES 4130 PLANK ROAD PERU IL 61354 MARKETING AND STATEMENTS 243696 9 INTEREST ON LOANS 522291 10504445 10504445 DRAFTDEBIT INCOME 522210 3820218 3820218 VISA CREDIT CARD INC 522210 612044 612044 OTHER LOAN INCOME 522291 818873 818873 ACCIDENTAL DEATH INS 524298 46685 46685 1611691 1611691 17413956 1035863 1035863 77159 91038 -13879 -13879 -13879 0 18435940 18435940 1180334 3734537 377095 788570 359840 4700 43552 336781 888063 1452470 572603 57699 63765 1514007 105979 DIVIDENDS ON SHARES 850832 DRAFT DEBIT & ATM EXCEPTIONS 1293170 LOAN COLLECTION & PROVISION 1348464 MISCELLANEOUS EXPENSES 143428 15115889 0 0 0 5867038 6327598 80450651 64847267 221345993 237057490 496339 516715 23688746 14822327 23688746 51018301 64846677 23647344 52843886 397647993 450128379 3271923 3586360 15956 342029001 391723991 345300924 395326307 X 52347069 54802072 52347069 54802072 397647993 450128379 3320051 -865048 X false false false 5500 5500 5500 true CUPAC 1807 WEST DIEHL ROAD PO BOX 3107 NAPERVILLE IL 605667107 363092340 5500 false false false false false false true X 4377540 4377540 6288661 6288661 1643114 1643114 11379431 11379431 23688746 CERTIFICATES OF DEPOSIT 28550000 CLF CAPITAL STOCK SUBSCRIPTION 897993 INVESTMENTSNCUSIF 3697179 EXCESS SHARE INSURANCE DEPOSIT 150000 ACCRUED INCOME 843807 OTHER ASSETS 18704907 52843886 MEMBER SHARES 391723991 391723991 P4, Ln 2 MEMBER'S ESCROW FOR PRIVATE MORTGAGE INSURANCE PREMIUMS X X true true X X X X false false false false false false false false false TIMOTHY O'DONNELL PRESIDENTCEO 240398 63300 11224 19854 334776 PETER FAUTH EXECUTIVE VP 174981 48000 5195 22151 250327 DIANNE BANGERT VPCOO 104076 28800 5199 19732 157807 JEAN MCDONALD VPCFO 108421 29295 5396 12809 155921 KATHLEEN JENKINS VPLENDING 91115 25200 4642 18098 139055 THOMAS GREGOR VPCIO 98964 27180 4907 11397 142448 GILBERT MEYER SUPERVISORY COMMITTEE PAUL SWEEDEN SUPERVISORY COMMITTEE ANTHONY QUIGLEY SUPERVISORY COMMITTEE CHAD COX BOARD SECRETARY VINCENT KOZSDIY BOARD CHAIR JOSEPH NAVARRO VICE CHAIR THOMAS BRETAG BOARD TREASURER Part I, Line 1a CREDIT UNION PAYS FOR TIM O'DONNELL'S COUNTRY CLUB MEMBERSHIP DUES Part I, Line 1a PURSUANT TO WRITTEN CONTRACT, WITH ALL EXPENSES APPROVED BY THE Part I, Line 1a SUPERVISORY COMMITTEE OF THE BOARD OF DIRECTORS. Part I, Line 1a CREDIT UNION PAYS FOR TIM O'DONNELL'S SPOUSAL TRAVEL, PURSUANT TO Part I, Line 1a WRITTEN POLICY IN HIS CONTRACT, APPROVAL BY THE SUPERVISORY COMMITTEE Part I, Line 1a OF THE BOARD OF DIRECTORS, AND REPORTED ON A W-2, IF APPLICABLE Part VI Line 6 GENERAL MEMBERSHIP-MEMBERS/OWNERS OF THE CREDIT UNION Part VI Line 7a EACH MEMBER GETS 1 VOTE PER $1.00 PAR SHARE DEPOSITED IN THE CREDIT UNION Part VI Line 7b MEMBERS VOTE ON ALL ISSUES AT AN ANNUAL MEETING, OR SPECIAL MEMBERSHIP Part VI Line 11b 990 IS PREPARED BY THE CFO AND REVIEWED WITH OFFICERS, Part VI Line 11b BOARD OF DIRECTORS, AND EXTERNAL AUDITORS Part VI Line 15a or b ALL EMPLOYEES, INCLUDING OFFICERS GO THROUGH AN ANNUAL PERFORMANCE EVAL AND Part VI Line 15a or b ARE GIVEN WAGE INC. BASED ON PERFORMANCE SUBJ. TO INDEPENDENT SURVEY Part VI Line 19 FINANCIAL STATEMENTS AND 990 ARE AVAILABLE UPON REQUEST. ANNUAL REPORTS, Part VI Line 19 INCLUDING YEAR END F/S AND REPORTS ARE AVAILABLE IN OFFICE OR ON WEBSITE.