2021-09-20T10:31:07-05:00 2020-12-31 472604526 GARVEY STEELE & BANCROFT LLP PO BOX 397 MYSTIC CT 063550397 990 2020-01-01 042041245 BROOKLINE MUNICIPAL CREDIT UNION BROO 6172329410 334 WASHINGTON STREET BROOKLINE MA 02445 PAUL J DEMAIO PRESIDENT AND CEO 6172329410 2021-09-15 true PAUL J DEMAIO 888008888 NANETTE A BANCROFT CPA P01315598 8605369831 2021-09-15 2020 2022-09-23 18:48:47Z PAUL J DEMAIO 334 WASHINGTON STREET BROOKLINE MA 02447 1109708 false X WWW.BROOKLINECU.COM X 1939 MA CREDIT UNION 9 8 9 8 762 0 524500 447367 547147 528810 153991 133531 1225638 1109708 0 0 423550 427882 0 0 520096 554054 943646 981936 281992 127772 36994970 43698071 31538006 38113335 5456964 5584736 CREDIT UNION - THRIFT SERVICES false false MAINTENANCE OF MEMBER SHARE AND DEPOSIT ACCOUNTS. NUMBER OF ACCOUNTS IS 4,436. MAKING OF LOANS TO MEMBERS. NUMBER OF LOAN ACCOUNTS IS 307. false false false false false false false true false true false false false true true true false false false false false false false false false false false false false false true false false false false false false false false false false false false true X 662 0 true 9 true false false false false false false false false X 9 8 false false false false true true false true true false false true true true true true true true true false MA X X PAUL J DEMAIO 6172329410 334 WASHINGTON STREET BROOKLINE MA 02447 PAUL J DEMAIO PRESIDENT AN 40.00 X 100245 0 37108 ELIZABETH A MCDONALD TREASURER/CL 2.00 X X 3300 0 418 MATHEW S BARONAS 2ND VICE CHA 2.00 X X 0 0 0 JENNIFER DOPAZO GILBERT DIRECTOR 2.00 X 0 0 0 PHILIP HARRINGTON DIRECTOR 2.00 X 0 0 0 MAJORIE LALLI DIRECTOR 2.00 X 0 0 0 FRANCIS M MORONEY 1ST VICE CHA 2.00 X X 0 0 0 DANIEL C O'LEARY ASSISTANT TR 2.00 X X 0 0 0 MICHAEL J O'REILLY DIRECTOR 2.00 X 0 0 0 ANDREW M PAPPASTERGION CHAIRMAN 2.00 X X 0 0 0 103545 37526 1 false false false FISERV 255 FISERV DRIVE BROOKFIELD WI 53045 DATA PROCESSING 146219 1 INTEREST ON LOANS 447367 447367 447367 528810 528810 MEMBER SERVICE FEES 127698 127698 OTHER NON-INTEREST INCOME 5071 5071 NON MEMBER ATM FEES 522100 762 762 133531 1109708 1108946 762 141070 211768 18720 31444 24880 21120 6326 57033 138584 56956 2457 131960 11171 9537 ATM EXPENSES 55970 BANK SERVICE CHARGES 22247 PROVISION FOR LOAN LOSS 14500 MISCELLANEOUS 10907 15286 981936 0 0 0 422292 320744 22682805 29815665 75284 37984 11897997 9831509 24637 18389 652363 617806 45728 34557 1364500 3164500 481727 474723 36994970 43698071 45498 41964 35626 34791 31456882 38036580 31538006 38113335 X 5456964 5584736 5456964 5584736 36994970 43698071 127772 X false true X true false false true X 10000 10000 404365 382102 22263 237998 235704 2294 34557 MEMBER DEPOSITS 38036580 38036580 X 1109708 1109708 1109708 981936 981936 981936 SCHEDULE D, PAGE 2, PART IV, LINE 2B MORTGAGE ESCROW ACCOUNTS HELD FOR THE PAYMENT OF REAL ESTATE TAXES FOR MUNICIPALITIES. SCHEDULE D, PAGE 3, PART X THE CREDIT UNION FOLLOWS FASB ACCOUNTING STANDARDS CODIFICATION 740-10, ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES, AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN YEARS AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE. PAUL DEMAIO OFFICER USED AUTO X 22100 17924 false true true MICHAEL O'REILLY DIRECTOR PERSONAL LOAN X 20000 10356 false true true PAUL J DEMAIO OFFICER NEW AUTO X 31000 6398 false true true PAUL J DEMAIO OFFICER LOAN X 3500 3306 false true true 37984 FORM 990, PAGE 5, PART V, LINE 3B LESS THAN 1000 OF UBIT GROSS INCOME. FORM 990, PAGE 6, PART VI, LINE 6 PERSONS WHO MEET THE REQUIREMENTS OF THE ORGANIZATION'S FIELD OF MEMBERSHIP WHO HOLD AT LEAST ONE SHARE OF THE CAPITAL. FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER HAS A VOTE AT THE ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REPORTED TO THE AUDIT COMMITTEE AND THE AUDIT COMMITTEE THEN REPORTS THE FILING TO THE FULL BOARD OF DIRECTORS. THE FORM 990 IS REVIEWED BY MANAGEMENT AND IS DOCUMENTED IN THE MINUTES. THE 2019 FORM 990 WAS REVIEWED BY THE AUDIT COMMITTE AND APPROVED BY THE BOARD ON 10/21/20. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS AND EMPLOYEES SIGN A NEW CONFLICT OF INTEREST FORM ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A PERSONNEL COMMITTEE REVIEWS ALL EMPLOYEE SALARIES ANNUALLY IN SEPTEMBER. SALARIES ARE BASED ON INDUSTY AND EARNINGS. SALARIES ARE VOTED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B PERSONNEL COMMITTEE REVIEWS ALL EMPLOYEE SALARIES ANNUALLY IN SEPTEMBER. SALARIES ARE BASED ON INDUSTY AND EARNINGS. SALARIES ARE VOTED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 INFORMATION IS POSTED IN THE CREDIT UNION LOBBY AND AVAILABLE UPON REQUEST.