2021-11-15T13:28:31-08:00 2020-12-31 900085186 Murrey Paschall & Caperton PC 301 E BROAD ST FORNEY TX 75126 990 2020-01-01 756016747 AMERICAS CREDIT UNION AMER 9724945328 PO BOX 469046 GARLAND TX 75046 Bert Beal President & CEO 2021-11-15 true BERT BEAL 999009999 Kyle Allis P02033209 9725641660 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z PO BOX 469046 GARLAND TX 750469046 12117984 false X AMERICASCU.ORG X 1934 TX AMERICA'S CREDIT UNION OFFERS NUMEROUS SERVICES TO ITS MEMBER-OWNERS, EACH DESIGNED TO ASSIST THEM IN IMPROVING THEIR ECONOMIC WELL-BEING. 11 11 100 132930 0 9173954 10284228 -531538 59539 132930 9233493 9885620 0 0 3903332 4696151 0 0 3879946 4542579 7783278 9238730 1450215 646890 225376301 389020387 191169267 344652074 34207034 44368313 AMERICA'S CREDIT UNION EXISTS TO EMPOWER MEMBER-OWNERS TO IMPROVE THEIR ECONOMIC WELL-BEING WHILE EMPLOYING THE FOLLOWING CORE VALUES: PERSONAL SERVICE, INTEGRITY, EXCELLENCE, FINANCIAL STABILITY, AND A COOPERATIVE PHILOSOPHY. false false PROVIDED COMPETITIVE, LOW COST FINANCIAL SERVICES TO MEET THE NEEDS OF CREDIT UNION MEMBERSHIP IN ORDER TO HELP THEM ACHIEVE IMPROVED ECONOMIC WELL-BEING. false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false true false false false false false false false false false false false false true 3301 0 true 100 true true true false false false false false false false X 11 11 false false false false true true false true true false true true true true true true true true true true false X X SHELLEY PENCE 2147426551 10501 N CENTRAL EXPY STE 300 DALLAS TX 75231 REBECCA McCOY President & CEO 40.00 0.00 X 235294 0 2165 JANET SANDERS Chief Transitio 40.00 0.00 X 139219 0 5537 BERT BEAL CEO 40.00 0.00 X 87073 0 4137 SHELLEY PENCE CFO 40.00 0.00 X 40369 0 2019 JASON STEELE CIO 40.00 0.00 X 29164 0 1567 TAMMY DE LA CERDA Chief Lending 40.00 0.00 X 26565 0 1505 RENEE BARTLETT Director 1.00 0.00 X 0 0 0 JOHN WILLIS Secretary/Treas 1.00 0.00 X X 0 0 0 RAFAYE NESMITH Director 1.00 0.00 X 0 0 0 RAUL MERCADO VICE CHAIR 1.00 0.00 X X 0 0 0 MAGGIE RUBIN Director 1.00 0.00 X 0 0 0 DENA SMITH Director 1.00 0.00 X 0 0 0 KEVIN CRAWFORD Director 1.00 0.00 X 0 0 0 LARRY WADSWORTH Director 1.00 0.00 X 0 0 0 EDDIE E MOORE Chairman 1.00 0.00 X X 0 0 0 CHRISTOPHER ENGLISH Director 1.00 0.00 X 0 0 0 SANDY THORNTON Director 1.00 0.00 X 0 0 0 557684 16930 2 false true false FISERV INC PO BOX 979 BROOKFIELD WI 530080979 INFO TECHNOLOGY 245490 LEVEL 3 PO BOX 910182 DENVER CO 80291 INTERNET SERVICES 192089 NCR PO BOX 740641 LOS ANGELES CA 900740641 HOMEBANKING DATA PROCESS 318630 3 0 FEE INCOME 735744 735744 INVESTMENT INCOME 1554109 1554109 LOAN INTEREST INCOME 6583294 6583294 OTHER OPERATING INCOME 1411081 1411081 10284228 0 0 0 0 23344 1677482 10356 2222008 12988 -544526 -531538 -531538 0 0 0 AD&D INSURANCE 27913 27913 AUTOMOBILE WARRANTY 45190 45190 CUNA INSURANCE PRODUCTS 37370 37370 22457 22457 132930 9885620 9752690 132930 0 0 0 0 574614 0 3005163 157670 696464 262240 0 23871 70047 0 0 21271 295928 187503 1013203 1325548 0 119274 13426 0 0 352793 0 365527 87250 PROVISIONS FOR LOANS/OD LOSSES 220028 LOAN SERVICING EXPENSES 186892 MISC OPERATING EXPENSE 144533 Postage and Shipping 115485 0 9238730 0 0 0 10148775 64737519 86747043 101818537 0 0 0 0 122501816 207456291 0 0 18026222 8045055 5340040 9981167 0 0 0 0 638627 5026873 225376301 389020387 516590 1681545 190652677 342970529 191169267 344652074 X 34207034 44368313 34207034 44368313 225376301 389020387 X 646890 9514389 X false false false 698604 698604 12044631 2967734 9076897 136713 136713 3480483 3274817 205666 1665791 1665791 9981167 ACCRUALS AND OTHER LIABILITIES 1303165 MEMBER DEPOSITS 341667364 342970529 X X X X false false false REBECCA McCOY President & CEO 220294 15000 2165 237459 RENEE BARLETT DIRECTOR ORG IS CU X 315829 287481 false true true EDDIE MOORE CHAIRMAN ORG IS CU X 98850 38807 false true true RAUL MERCADO VICE CHAIR ORG IS CU X 44531 36669 false true true MAGGIE RUBIN DIRECTOR ORG IS CU X 10661 3257 false true true KEVIN CRAWFORD DIRCTOR ORG IS CU X 10000 982 false true true RAFAYE NESMITH DIRECTOR ORG IS CU X 36200 31756 false true true SANDY THORNTON DIRECTOR ORG IS CU X 35000 32754 false true true MICAH PATRICK MCCOY REL TO CEO ORG IS CU X 296100 273076 false true true JANET SANDERS CTO ORG IS CU X 68400 62313 false true true VIRGIL SANDERS HUSBAND CTO ORG IS CU X 205000 189259 false true true BERT BEAL CEO ORG IS CU X 756964 721917 false true true TAMMY DE LA CERDA CHIEF LENDI ORG IS CU X 5500 5440 false true true 1683711 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder THERE ARE NO STOCKHOLDERS, ONLY MEMBERS. ORGANIZATION IS A CREDIT UNION MADE UP OF MEMBERS WHO ARE ELIGIBLE TO JOIN BASED ON SPECIFIC CRITERIA. Form 990, Part VI, Line 11b: Form 990 Review Process THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS FOR REVIEW EITHER AT A REGULARLY SCHEDULED BOARD MEETING OR VIA EMAIL OR FAX BETWEEN MEETINGS PRIOR TO BEING FILED. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts INTERNAL CONTROLS HAVE BEEN PUT INTO PLACE REGARDING TRANSACTIONS AND LENDING THAT PROHIBIT EMPLOYEES FROM INITIATING THESE TYPES OF TRANSACTIONS ON PERSONAL OR FAMILY MEMBERS ACCOUNTS. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees COMPENSATION OF THE PRESIDENT/CEO AND VARIOUS OTHER EXECUTIVE LEVEL POSITIONS WITHIN THE CREDIT UNION ARE ESTABLISHED BY THE BOARD OF DIRECTORS, BASED ON THEIR CONSULTATION WITH AN INDEPENDENT ENTITY THAT PROVIDES COMPARABILITY DATA AND PERCENTAGES OF INCREASE BASED ON A SCORING SYSTEM. THE PRESIDENT THEN USES SAME DATA TO RECOMMEND SALARY INCREASES FOR OTHER EMPLOYEES. BOARD APPROVAL OF SALARIES IS DOCUMENTED IN THE BOARD MEETING MINUTES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES AND COPIES OF FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE CREDIT UNION'S MAIN OFFICES LOCATED AT 2154 FOREST LANE, GARLAND, TX 75046. FINANCIAL STATEMENTS ARE ALSO POSTED IN THE LOBBY OF EACH BRANCH LOCATION AS WELL AS BEING PUBLISHED IN THE ANNUAL REPORT WHICH IS DISTRIBUTED TO EACH MEMBER WHO ATTENDS THE ANNUAL MEETING. Other Changes In Net Assets Or Fund Balances - Other Increases Acquisition of Go Credit Union = $9514389