2022-10-27T16:53:50-04:00 2021-12-31 811697509 AUDIT THREESIXTY 1202 JOHNSON ST ONALASKA WI 546502008 990 2021-01-01 391025877 ST MARY'S & AFFILIATES CREDIT UNION STMA 6082586163 700 SOUTH PARK STREET MADISON WI 53715 MICHELE L LEHMANN PRESIDENT 6082586163 2022-10-26 true MICHELE LEHMANN 999009999 PETER RASMUSSEN P01888997 6083173765 2022-10-27 X 2021 2022-09-23 18:48:47Z MICHELE L LEHMANN 700 SOUTH PARK STREET MADISON WI 53715 1446913 false X WWW.SMACU.ORG X 1959 WI IN THE SPIRIT OF PEOPLE HELPING PEOPLE, WE ASSIST OUR MEMBERS IN ACHIEVING FINANCIAL HEALTH. 5 5 9 19 2170 0 1319080 1305058 115277 -8174 6608 7914 1440965 1304798 2250 1500 0 537711 507580 0 0 919368 966118 1459329 1475198 -18364 -170400 39461185 37117609 35751375 33578199 3709810 3539410 IN THE SPIRIT OF PEOPLE HELPING PEOPLE, WE ASSIST OUR MEMBERS IN ACHIEVING FINANCIAL HEALTH. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 129 NEW DEPOSIT ACCOUNTS IN 2021. AS OF 12/31/21 WE HAD 3,957 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 740 NEW LOANS DURING 2021. AS OF 12/31/21 WE HAD 1,750 LOANS RECEIVABLE. false false false false false false false false false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 653 0 true 9 true true true false false false false false false false X 5 5 true false true false true true true true true false false false true true true true true true false false X MICHELE L LEHMANN 6082586163 700 SOUTH PARK STREET MADISON WI 53715 MICHELE L LEHMANN PRESIDENT 50.00 X 102914 0 20407 DIANNE RILEY CHAIR 1.00 X X 0 0 0 LAURA JELLE VICE CHAIR 1.00 X X 0 0 0 DAVID TOPP TREASURER 1.00 X X 0 0 0 BARBARA BERGUM SECRETARY 1.00 X X 0 0 0 MEGHAN WILLS DIRECTOR 1.00 X 0 0 0 102914 20407 1 false false false FIS 601 RIVERSIDE AVE JACKSONVILLE FL 32204 CARD PROCESSING 109931 1 INTEREST ON LOANS 522130 1070041 1070041 OTHER MEMBER RELATED REVENUE 522130 136269 136269 MEMBER FEE INCOME 522130 96578 96578 FEE & INSURANCE INCOME 520000 2170 2170 1305058 42901 42901 7914 7914 91040 142115 -51075 -51075 -51075 1304798 1251813 2170 50815 1500 102914 274738 13957 66181 49790 2700 8939 33249 79351 275625 95976 22578 15053 1 28616 23360 PROVISION FOR LOAN LOSS 224185 LOAN SERVICING EXPENSE 78402 DIVIDENDS EXPENSE 78083 1475198 0 0 0 425191 454800 4060457 6781550 26 33216676 26751076 214255 129987 482788 421790 40032 60998 1044697 2426477 459877 512695 39461185 37117609 72035 92619 35679340 33485580 35751375 33578199 X 3709810 3539410 3709810 3539410 39461185 37117609 -170400 X false false 57907 57907 424881 363883 60998 60998 INVESTMENTS WITH MATURITY > 1 YEAR 2285132 C CORPORATE CU CAPITAL ACCOUNTS 141345 C 2426477 MEMBER SHARES & DEPOSITS 33485580 33485580 FORM 990, PAGE 6, PART VI, LINE 2 DIANNE RILEY MEGHAN WILLS BOARD CHAIR DIRECTOR FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 4 THE BYLAWS WERE UPDATED DURING 2021 TO CHANGE THE NUMBER OF DIRECTORS ON THE BOARD TO FIVE. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT PROVIDES INDEPENDENT PREPARER THE NECESSARY INFORMATION TO PREPARE THE RETURNS. THE PRESIDENT REVIEWS THE RETURNS AND THEN AUTHORIZES THE PREPARER TO E-FILE THE APPROVED RETURNS. THE PRESIDENT REVIEWS THESE WITH THE BOARD AT THE MEETING IMMEDIATELY FOLLOWING THE MONTH THE FORMS ARE FILED. FORM 990, PAGE 6, PART VI, LINE 12C ALL STAFF AND BOARD MEMBERS ARE REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE ANY CONFLICTS. THE PRESIDENT MONITORS THROUGHOUT THE YEAR TO MAKE SURE THERE ARE NO CHANGES. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD IN CLOSED SESSION. WCUL AND CUNA SALARY SURVEYS ARE USED AS PART OF THE PROCESS. THE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST.