2025-07-07T08:27:23-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2875 MICHELLE DRIVE 300 IRVINE CA 92606 990 2024-01-01 741271704 CENTEX CITIZENS CREDIT UNION CENT 2545629296 PO BOX 1252 MEXIA TX 76667 TAMI GRIFFIN PRESIDENT/CEO 2545629296 2025-07-02 1 1 LISA N RYSSEL CPA P00643670 7149781300 2025-07-02 2024 2025-03-06 01:10:19Z TAMI GRIFFIN PO BOX 1252 MEXIA TX 76667 7835472 0 2742 X WWW.CENTEXCITIZENSCU.COM X 1954 TX CENTEX CITIZENS CREDIT UNION IS A COOPERATIVE THRIFT INSTITUTION WITH A STATE CHARTER AND IS A MEMBER OF THE NATIONAL SHARE INSURANCE FUND. 7 7 36 7 32066 0 0 0 5766347 6696537 931044 1038935 21632 100000 6719023 7835472 0 0 572664 921129 1875243 2042876 0 0 0 3103178 3592218 5551085 6556223 1167938 1279249 101609589 103531787 85345147 85819623 16264442 17712164 TO SERVE OUR MEMBERS' FINANCIAL NEEDS WITH QUALITY SERVICE AND INNOVATIVE TECHNOLOGY, WHILE MAINTAINING FINANCIAL STRENGTH, SECURITY AND STABILITY. 0 0 SHARE ACCOUNTS: CENTEX CITIZENS CREDIT UNION'S SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS QUARTERLY AND OFFER ACCESS THROUGH OUR MAIN OFFICE AND BRANCH LOCATION. ACCESS IS ALSO AVAILABLE THROUGH THE INTERNET HOME BANKING, TELEPHONE, AUDIO RESPONSE AND ATM'S. CENTEX CITIZENS CREDIT UNION HAS A YOUTH SAVINGS PROGRAM THAT ENCOURAGES CONSISTENT SAVINGS HABITS. CENTEX CITIZENS CREDIT UNION HAS APPROXIMATELY 11,691 MEMBERS. CHECKING ACCOUNTS: CENTEX CITIZENS CREDIT UNION PROVIDES CHECKING ACCOUNTS FOR CONSUMERS WITH VARIOUS FEATURES, MOST OF WHICH OFFER MONTHLY PAID DIVIDENDS. OUR MEMBERS HAVE ACCESS TO THEIR ACCOUNTS THROUGH TWO LOCATIONS, FREE DEBIT CARDS, FREE ATM CARDS AND FREE INTERNET ONLINE BANKING. WE ALSO OFFER A BILL PAY FEATURE WITH UNLIMITED TRANSACTIONS FOR FREE. 54% OF MEMBERS HAVE CHECKING ACCOUNTS. CONSUMER LOANS: CENTEX CITIZENS CREDIT UNION HAS PROVIDED CONSUMER SIGNATURE LOANS FROM THE BEGINNING. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING WITH FLEXIBLE OFFERINGS FOR VEHICLES, RECREATIONAL VEHICLES, WATER CRAFTS, MOTORCYCLES, HOME FURNISHINGS, HOME LAWN EQUIPMENT AND SHARE AND CERTIFICATE BACKED LOANS. BOTH LIFE AND DISABILITY INSURANCE IS AVAILABLE ON ANY OF THESE 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 1691 0 1 36 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 X ARIEL MINCHEW 2545629296 PO BOX 1252 MEXIA TX 76667 TAMI GRIFFIN PRESIDENT/CEO 40.00 X 165057 0 15967 ARIEL MINCHEW VP OF ACCOUNTING 40.00 X 82776 0 12792 CAMESHA BUSBY VP OF MARKETING 40.00 X 73209 0 12213 BRANDI JONES VP OF OPERATIONS/LENDING 40.00 X 72271 0 12308 LATONYA MOLINA VP OF ADMINISTRATION 40.00 X 70978 0 12249 RICHARD JOHNSON CHAIR 1.00 X X 0 0 0 DENNIS WILSON VICE CHAIR 1.00 X X 0 0 0 TERRY DON SHIVERS TREASURER 1.00 X X 0 0 0 DR JOE SAUCEDO SECRETARY 1.00 X X 0 0 0 MICAH ANDERSON DIRECTOR 1.00 X 0 0 0 ARTHUR BUSBY JR DIRECTOR 1.00 X 0 0 0 TARA WAGGENER DIRECTOR 1.00 X 0 0 0 464291 0 65529 1 0 1 0 FISERV PO BOX 208457 DALLAS TX 75320 DATA PROCESSING 1471530 1 INTEREST ON LOANS 522100 4693615 4693615 FEE INCOME 522100 1139628 1108762 30866 DEBIT CARD INCOME 522100 806894 806894 INSURANCE INCOME 522100 56400 55200 1200 6696537 1038935 1038935 OTHER REVENUE 522100 100000 100000 100000 7835472 6664471 32066 1138935 921129 529820 1044909 107896 243718 116533 13143 12488 654645 72139 485034 292231 7309 42500 1364 360384 58321 ATM/DEBIT CARD EXPENSE 932773 PROVISION FOR LOAN LOSS 408755 MASTERCARD EXPENSE 93848 MISCELLANEOUS 57134 100150 6556223 3512358 4238210 13685650 13717734 1127375 1482134 66386252 65127803 81585 132193 9650592 2613733 7332667 7036859 8353675 10327812 1130027 1469042 101609589 103531787 1897724 1405452 83447423 84414171 85345147 85819623 X 0 0 0 0 16264442 17712164 16264442 17712164 101609589 103531787 X 1279249 168473 X 0 0 0 894585 894585 7460657 1749323 5711334 1052293 669965 382328 243057 194445 48612 7036859 MEMBERSHIP CAPITAL IN CORPORATE FCU 125812 F CERTIFICATES OF DEPOSIT 10202000 F 10327812 MEMBER DEPOSIT ACCOUNTS 84414171 84414171 X X X 0 0 0 TAMI GRIFFIN PRESIDENT/CEO 135493 0 20000 0 9564 0 6983 0 8984 0 181024 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 PERSONS WHO LIVE, WORK, WORSHIP OR ATTEND SCHOOL IN AND BUSINESSES AND OTHER LEGAL ENTITIES LOCATED IN THE AREAS OF LIMESTONE, FREESTONE, NAVARRO, ELLIS, FALLS, HENDERSON, LEON & ROBERTSON COUNTIES AND THE PORTION OF HILL COUNTY SOUTH OF HIGHWAY 22 AND EAST OF I-35 TO INCLUDE HILLSBORO WITH THE FOLLOWING EXCLUSION: PERSONS THAT ARE ELIGIBLE FOR PRIMARY MEMBERSHIP IN EXISTING OCCUPATIONAL OR ASSOCIATION-BASED CREDIT UNIONS IN HILL COUNTY, TEXAS; THIS ALSO INCLUDES THE CITY OF MART, TEXAS WITH THE FOLLOWING EXCLUSIONS: EXCLUDING PERSONS WHO ARE MEMBERS OR ELIGIBLE FOR MEMBERSHIP IN EDUCATORS CREDIT UNION ON THE BASIS OF BEING SCHOOL EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A EACH YEAR A QUORUM OF THE MEMBERSHIP (25 OR MORE MEMBERS) OF CENTEX CITIZENS CREDIT UNION ELECTS TWO OR THREE PERSONS TO SERVE THREE YEAR TERMS ON THE BOARD OF DIRECTORS. THIS QUORUM CONVENES AT AN ANNUAL MEETING HELD BEFORE JUNE 1ST OF EACH YEAR. EACH MEMBER IS ALLOWED ONE VOTE AND NO MEMBER IS ALLOWED TO VOTE BY PROXY. 45 DAYS PRIOR TO THE ANNUAL MEETING THE BOARD OF DIRECTORS APPOINTS A NOMINATING COMMITTEE OF THREE THAT DETERMINES IF THE NOMINEE IS QUALIFIED TO SERVE AS A BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 8B THE CREDIT UNION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF CENTEX CITIZENS CREDIT UNION'S GOVERNING BODY FOR REVIEW. QUESTIONS AND COMMENTS ARE THEN SUBMITTED TO THE PRESIDENT FOR REVIEW. WHEN THE BOARD OF DIRECTORS ARE SATISFIED THE REPORT HAS BEEN COMPLETED ACCURATELY AND CORRECTLY, THEY GIVE FINAL APPROVAL FOR IT TO BE SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO FILE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. COVERED INDIVIDUALS (OR THEIR FAMILIES) MUST COMPLETELY DISCLOSE FINANCIAL INTERESTS HELD IN ANY ORGANIZATION WHICH MAY BE CONSIDERED A CREDIT UNION COMPETITOR OR BUSINESS CONTACT. IF MANAGEMENT CONCLUDES THAT A REAL OR PERCEIVED CONFLICT OF INTEREST EXISTS, APPROPRIATE ACTION TO RESOLVE THE CONFLICT SHOULD BE TAKEN. MANAGERS OF COVERED INDIVIDUALS WHO ARE ENGAGED IN APPROVED OUTSIDE BUSINESS ACTIVITIES MUST MAINTAIN AN ONGOING REVIEW OF THE SITUATION TO ENSURE THAT CHANGED CIRCUMSTANCES DO NOT CREATE VIOLATIONS OF THIS POLICY. AS OUTLINED IN CREDIT UNION PROCEDURE, COPIES OF WRITTEN REPORTS OF ANY DISCLOSURES MADE BY COVERED INDIVIDUALS WILL BE MAINTAINED BY MANAGEMENT. DOCUMENTATION OF COVERED INDIVIDUALS WRITTEN ACKNOWLEDGEMENT OF COMPLIANCE WITH THIS CODE OF ETHICS WILL ALSO BE MAINTAINED, AS WILL ANY MODIFICATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPOINTS A COMMITTEE WHICH USES THE CUNA ANNUAL COMPENSATION SURVEY TO ASSIST IN DETERMINING THE PRESIDENT'S COMPENSATION. ANY FINAL DECISIONS REGARDING COMPENSATION ARE DOCUMENTED IN THE BOARD MINUTES. THE PRESIDENT DETERMINES THE COMPENSATION FOR OFFICERS AND ALL EMPLOYEES USING THE SAME CUNA ANNUAL COMPENSATION SURVEY. ALL DECISIONS ARE DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 CENTEX CITIZENS CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PENSION PLAN ASSETS 168,473.