2025-08-04T13:50:28-05:00 2024-12-31 390758449 WIPFLI LLP 30 LONG CREEK DRIVE SOUTH PORTLAND ME 041062437 990 2024-01-01 010203515 SACO VALLEY CREDIT UNION SACO 2072826169 PO BOX 740 312 MAIN ST SACO ME 04072 KEVIN PARTRIDGE PRESIDENT 2072826169 2025-07-28 1 1 JULIA HOWLAND CPA P01711658 2077745701 2025-07-21 2024 2025-03-06 01:10:19Z KEVIN PARTRIDGE PO BOX 740 312 MAIN ST SACO ME 04072 9653436 0 X WWW.SACOVALLEY.ORG X 1947 ME PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 7 7 41 7 23669 0 0 0 6096668 7268177 857413 1138808 1197433 1246451 8151514 9653436 0 0 1850381 3130474 2303881 2748637 0 0 0 2454955 2476788 6609217 8355899 1542297 1297537 171420491 182747094 154156228 164185294 17264263 18561800 PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 0 0 THE CREDIT UNION HAD 9,129 MEMBERS AS OF 12/31/2024. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 2679 0 41 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X KEVIN PARTRIDGE 2072826169 PO BOX 740 312 MAIN ST SACO ME 04072 TIMOTHY NELSON BOARD CHAIRPERSON 6.00 X X 0 0 0 PAUL GOSSELIN TREASURER 5.00 X X 0 0 0 ED POLITO SECRETARY 4.00 X X 0 0 0 AARON CASE DIRECTOR 4.00 X 0 0 0 ROBERT DENTON DIRECTOR 5.00 X 0 0 0 ROBERTA MANNING DIRECTOR 5.00 X 0 0 0 ROYAL SMITH DIRECTOR 4.00 X 0 0 0 KEVIN PARTRIDGE PRESIDENT/CEO 50.00 X 260994 0 51821 BENJAMIN GOSSELIN CHIEF FINANCIAL OFFICER 45.00 X 136334 0 28397 SEAN READY CHIEF LENDING OFFICER 45.00 X 123142 0 13673 AMY IRISH VP OF MARKETING AND DIGITAL SERVICES 45.00 X 110666 0 13553 631136 0 107444 4 0 1 0 SYNERGENT 2 LEDGEVIEW DRIVE WESTBROOK ME 04092 PROVIDER OF CORE BANKING SOFTWARE 568862 SYSTEMS ENGINEERING 120 EXCHANGE STREET PORTLAND ME 04101 IT SUPPORT SERVICES 227863 2 LOAN INTEREST INCOME 522291 7268177 7268177 7268177 1138808 1138808 NON-MEMBER ATM FEES 522100 751838 742530 9308 FEE AND SERVICE INCOME 522100 324691 324691 OTHER INCOME 522100 155561 155561 14361 14361 1246451 9653436 8490959 23669 1138808 3130474 477546 1823971 119909 327211 133593 222519 452620 966443 300435 47417 VISA EXPENSE 144924 LOAN SERVICING EXPENSE 121082 OPERATING FEES 33500 PROVISION FOR LOAN & LE 30000 24255 8355899 7597776 11287555 11545000 13740000 145105411 150447818 153188 210877 7664622 3326530 4359178 4338092 524951 545849 2134987 2176903 171420491 182747094 146392 227508 154009836 163957786 154156228 164185294 X 0 0 0 0 17264263 18561800 17264263 18561800 171420491 182747094 1297537 0 X 0 1 X 1 0 890217 890217 5293630 2322585 2971045 1480775 1003945 476830 4338092 MEMBERS SHARES & SAVINGS ACC 163957786 163957786 9653436 0 9653436 0 9653436 8355899 0 8355899 0 8355899 X 0 0 0 KEVIN PARTRIDGE PRESIDENT/CEO 247994 0 13000 0 0 0 9702 0 42119 0 312815 0 0 0 BENJAMIN GOSSELIN CHIEF FINANCIAL OFFICER 129034 0 7300 0 0 0 5231 0 23166 0 164731 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS 9,129 MEMBERS AS OF 12/31/2024. FORM 990, PART VI, SECTION A, LINE 7A A NOMINATING COMMITTEE WORKS ON ESTABLISHING BOARD MEMBERS. THE NOMINATIONS ARE BROUGHT TO THE MEMBERSHIP AT THE ANNUAL MEETING, WHERE THEY ARE VOTED ON AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY SENIOR MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C A REVIEW IS PERFORMED ANNUALLY TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 A REVIEW IS DONE ANNUALLY OF THE CEO AND TOP MANAGEMENT BY THE BOARD OF DIRECTORS. THE REVIEW OF OTHER OFFICERS AND KEY EMPLOYEES IS DONE BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF EACH OFFICE.