2021-05-14T12:35:25-05:00 2020-12-31 570568919 CANTEY TILLER PIERCE & GREEN LLP PO BOX 862 CAMDEN SC 29021 990 2020-01-01 570421351 MID CAROLINA CREDIT UNION MIDC 8034328521 PO BOX 549 LUGOFF SC 29078 SCOTT CONLEY CEO 8034328521 2021-05-12 true SCOTT CONLEY XXX-XX-XXXX JANET M PIERCE P00498837 8034321436 2021-05-12 2020 2022-09-23 18:48:47Z SCOTT CONLEY PO BOX 549 LUGOFF SC 29078 6681068 false X WWW.MIDCAROLINACU.COM X 1961 SC STATE CHARTERED CREDIT UNION 9 9 54 0 0 6344347 6240039 764273 441029 0 7108620 6681068 0 0 2436169 2329817 0 0 4147575 4174090 6583744 6503907 524876 177161 135073348 151862006 118590837 135136025 16482511 16725981 STATE CHARTERED CREDIT UNION false false 6204699 DURING THE YEAR, THE CREDIT UNION SERVED ITS' MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS. 6204699 false false false false false false false false false true false false true 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 2228 0 false 54 true false false false false false false false false false false false false false false false false false X 9 9 false false false false true true false true true false false false false false true true true false X JENNIFER CAUTHEN 8034324705 PO BOX 549 LUGOFF SC 29078 SCOTT CONLEY CEO 40.00 X 137658 0 5824 DEAN SCARBOROUGH VP OF LENDIN 40.00 X 106370 0 6505 JENNIFER CAUTHEN VP OF FINANC 40.00 X 100448 0 3430 DENNIS ARLEDGE VICE CHAIRMA X 0 0 0 CHERYL COLVIN BOARD MEMBER X 0 0 0 JOANN HANKS SECRETARY X 0 0 0 CHALMERS EUGENE HORNSBY BOARD MEMBER X 0 0 0 MIKE JONES BOARD MEMBER X 0 0 0 ROBERT MURPHY BOARD MEMBER X 0 0 0 GREG NETTLES CHAIRMAN X 0 0 0 LARRY STRICKLAND TREASURER X 0 0 0 WANDA SWANN BOARD MEMBER X 0 0 0 344476 15759 3 false false false FISERV PO BOX 979 BROOKFIELD WI 53008 DATA PROCESSOR 702117 FISERV EFT PO BOX 979 BROOKFIELD WI 53008 CARD PROCESSOR 539872 EVANS SIMPSON AND ASSOC 2250 HEWATT ROAD SNELLVILLE GA 30039 INSURANCE 362425 MATRIX TRUST 717 17TH STREET SUITE 1300 DENVER CO 80202 RETIREMENT BENE 301972 BLUE CHOICE 4101 PERCIVAL ROAD COLUMBIA SC 29229 HEALTH INSURANC 279256 7 INTEREST ON LOANS 522291 3994867 3994867 FEE INCOME 522100 1895546 1895546 MISCELLANEOUS INCOME 522100 190440 190440 VISA INTEREST 522100 159186 159186 6240039 441029 441029 6681068 6240039 441029 1974516 1777064 197452 14562 13106 1456 209696 188726 20970 131043 117938 13105 22025 22025 67964 67964 118264 118264 69532 69532 335419 301877 33542 15609 15609 8960 8960 600530 600530 408956 408956 867 867 ATM/VISA EXPENSE 768860 768860 DATA PROCESSING 656809 656809 PROF. & O/S SVCS 326825 294142 32683 DEALER FEE 130312 130312 643158 643158 6503907 6204699 299208 0 13824236 34032722 8569397 9061965 24494 24077 83692744 83190861 11471224 3083177 8678645 8388047 10076015 6238544 10207817 10925790 135073348 151862006 625896 703004 117964941 134433021 118590837 135136025 X 16482511 16725981 16482511 16725981 135073348 151862006 X 177161 66309 X false false 2373106 2373106 5994382 1092414 4901968 559133 528952 30181 2544603 1461811 1082792 8388047 COLI 5062490 EMPLOYEE PENSION 3523725 NCUSIF 1229942 SETTLEMENT DEPOSIT 407000 PPD 399214 ACCRUED INTEREST ON LOANS 229531 SUPPLIES 30238 ACCRUED INTEREST ON INVESTMENTS 26289 ASSETS ACQUIRED IN LIQUIDATION 15500 REPOSSESSED LOANS 12534 VISA SETTLEMENT -10673 10925790 SHARES 132233021 NOTE PAYABLE 2200000 134433021 FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS OWNED BY ITS MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A AT THE CREDIT UNION'S ANNUAL MEETINGS, THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 10B THE CREDIT UNION HAS WRITTEN POLICIES AND PROCEDURES THAT GOVERN EACH BRANCH TO ENSURE THEIR OPERATIONS ARE CONSISTENT WITH THOSE OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION REVIEWS THE FORM 990 TO ENSURE THAT THERE ARE NO OMMISIONS OR MISSTATEMENTS. FORM 990, PAGE 6, PART VI, LINE 12C RECEIVE ANNUAL WRITTEN CONFIRMATION FORM 990, PAGE 6, PART VI, LINE 15A THE CEO HAS A WRITTEN EMPLOYMENT CONTRACT APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B THE CEO APPROVES THE SALARIES FOR EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PERSONS MAY COME INTO ONE OF THE CREDIT UNION'S BRANCHES AND REQUEST A COPY OF ANY OF OUR GOVERNING DOCUMENTS. FINANCIALS ARE POSTED IN THE BRANCH LOBBIES AND PROVIDED ANNUALLY AT THE ANNUAL MEETING. FORM 990, PART XI, LINE 9 UNREALIZED GAIN/LOSS ON PENSION 2,045,026 UNREALIZED GAIN/LOSS ON INVESTMENT -14,418 UNREALIZED GAIN/LOSS ON PENSION -1,970,073 UNREALIZED GAIN/LOSS ON INVESTMENT 5,774 TOTAL 66,309