2021-11-12T09:31:31-06:00 2020-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 COLUMBUS OH 43209 990 2020-01-01 310616172 DAYMET CREDIT UNION DAYM 9372362562 PO BOX 13087 DAYTON OH 45413 STEVEN SHORE PRESIDENT & CEO 9372362562 2021-11-12 1 STEVEN SHORE 999009999 GREG HEIMKREITER P01331287 5138713033 2021-11-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEVEN SHORE 4988 WAGNER FORD ROAD DAYTON OH 45414 4645954 0 X WWW.DAYMETCU.COM X 1957 OH STATE CHARTERED CREDIT UNION ORGANIZED TO PROVIDE MEMBERS WITH FINANCIAL SERVICES AND PRODUCTS. 5 5 27 0 219507 0 0 0 4603542 4431947 439145 214007 0 0 5042687 4645954 0 0 0 0 1393172 1558385 0 0 0 4291122 2873700 5684294 4432085 -641607 213869 90142508 100862968 81785229 92270514 8357279 8592454 DAY MET CREDIT UNION, INC. CONTRIBUTES TO PROSPERITY AND FINANCIAL GROWTH THROUGH INNOVATIVE SERVICES, SUPPORT AND EDUCATION. 0 0 LENDING TO CREDIT UNION MEMBERS. WE PROVIDED CREDIT CARD AND LINE OF CREDIT LOANS; VEHICLE LOANS; MORTGAGE LOANS; AND OTHER LOANS TO MEMBERS IN 2020. PROVIDING FINANCIAL SERVICES TO CREDIT UNION MEMBERS. WE PROVIDED CHECKING ACCOUNTS; SAVINGS ACCOUNTS; MONEY MARKET ACCOUNTS; CERTIFICATES OF DEPOSIT; RETIREMENT ACCOUNTS; AND OTHER ACCOUNTS IN 2020. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 1712 0 1 27 1 1 1 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHRIS SADLIER 9372362562 4988 WAGNER FORD ROAD DAYTON OH 45414 AMELIA V LAW DIRECTOR 0.00 X X 0 0 0 ALLEN R NORRIS DIRECTOR 0.00 X X 0 0 0 MIKE ROGERS DIRECTOR 0.00 X X 0 0 0 DON KILEY DIRECTOR 0.00 X X 0 0 0 JESSICA A OSBOURNE DIRECTOR 0.00 X 0 0 0 STEVEN D SHORE PRESIDENT & CEO 40.00 X 160981 0 102206 160981 0 102206 1 0 1 0 CUANSWERS 6000 28TH ST STE 100 GRAND RAPIDS MI 49546 DATA PROCESSING 295000 VANTIV 8500 GOVENORS HILL DR SYMMES TOWNSHIP OH 45249 DEBIT CARDS 256434 ALLIED BENEFITS 200 WEST ADAMS STREETSUITE 500 CHICAGO IL 60606 HEALTH INS 138054 CERTEGY FIS PO BOX 7189 CLEARWATER FL 33758 CREDIT CARDS 100797 4 INTEREST ON LOANS 522100 3327018 3327018 OTHER INCOME 522100 578909 359402 219507 FEES AND CHARGES 522100 526020 526020 4431947 214007 214007 4645954 4212440 219507 214007 X 160981 1397404 711170 108464 320453 76082 12146 654262 183159 42143 PROVISION FOR LOAN LOSS 322948 LOAN PROCESSING 194839 BANK CHARGES & PROCESSI 174970 OTHER COSTS 47668 25396 4432085 7923642 16048411 66449961 70390637 211434 247607 4103103 2595477 1578000 1507626 5717842 5397614 4514338 3414338 3747291 3856735 90142508 100862968 215166 564064 81570063 91706450 81785229 92270514 X 0 0 0 0 8357279 8592454 8357279 8592454 90142508 100862968 213869 21306 0 X 0 1 X 1 0 270769 270769 756841 623312 133529 2524626 1596227 928399 550867 375938 174929 1507626 MEMBER SAVINGS 27979270 MEMBER MONEY MARKET 17667860 MEMBER DRAFT CHECKING 17455010 MEMBER MONEY MARKET DRAFT 603619 MEMBER INDIVIDUAL RETIREMENT ACCOUNTS 1593925 MEMBER CERTIFICATES 26406766 91706450 X 4645954 0 4645954 0 4645954 4432085 0 4432085 0 4432085 PART X, LINE 2: AS A CREDIT UNION, THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL TAXES UNDER THE PROVISIONS OF 501C(14) OF THE INTERNAL REVENUE CODE. THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST, AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. 0 0 0 STEVEN D SHORE PRESIDENT & CEO 155589 0 5392 0 0 0 102206 0 0 0 263187 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS WHO LIVE IN MONTGOMERY, CLARK, MIAMI AND GREEN COUNTIES CAN BECOME MEMBERS BY DEPOSITING AT LEAST $5 INTO A SHARE ACCOUNT. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD MEMBERS ARE ELECTED AT AN ANNUAL MEETING OF THE SHAREHOLDERS. THERE IS A STAGGERED BOARD ELECTION FOR THREE YEAR TERMS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED IN A STAFF MEETING WITH ALL EMPLOYEES PRIOR TO THEIR SIGNING ACKNOWLEDGEMENT. THE SAME PROCESS IS ALSO DONE WITH THE DIRECTORS IN A MONTHLY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL COMPENSATION SURVEY IS PERFORMED AND THEN USED AS A TOOL FOR CONFIRMING COMPENSATION RANGES FOR THE CEO AND TOP MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED IN A STAFF MEETING WITH ALL EMPLOYEES PRIOR TO THEIR SIGNING ACKNOWLEDGEMENT. THE SAME PROCESS IS ALSO DONE WITH THE DIRECTORS IN A MONTHLY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 CUNA SAL SURVEY FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES 711,170.