2021-04-23T07:36:21-07:00 2020-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2020-01-01 381435020 COPOCO Community Credit Union COPO 9896841873 PO Box 1520 Bay City MI 48706 Doreen Smith Executive VP 2021-04-23 true Doreen Smith 999009999 Patrick Haughey P01980057 8005225820 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Linda Doan PO Box 1520 Bay City MI 487060520 5301713 false X www.copoco.org X 1951 MI To provide financial services to member owners with a common bond. 7 6 54 9 25649 0 4473182 4055033 671135 712455 30053 21414 5174370 4788902 0 0 2203834 2021285 0 0 2561959 2558233 4765793 4579518 408577 209384 95961879 111491350 87806383 102774525 8155496 8716825 To provide excellence in service, helping each member realize their financial goals and dreams. false false The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2020 was 10,727. The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2020 was 6,647. Offer ATM Services, Check cashing, Wire transfers, Insurance/Investments sales, Bill pay, Overdraft/Courtesy pay, Financial education, Gift cards, Money Orders, and Electronic Fund Transfers to all eligible members. false false false false false false false false false true true false false true false false 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 890 0 true 54 true true true false false false false false false false X 7 6 false false false false true true false true true false true true false true true true true true true true false X Doreen Smith 9896841873 4625 E Wilder Rd Bay City MI 48706 Linda Doan CEO/Treasurer 40.00 0.00 X X 130062 0 1046 Doreen Smith Executive VP 40.00 0.00 X 89888 0 16274 Harold Miller Director 1.00 0.00 X 0 0 0 ED CLEMENTS Secretary 1.00 0.00 X 0 0 0 Trevor Keyes Director 1.00 0.00 X 0 0 0 John Tippman Vice Chair 1.00 0.00 X 0 0 0 Sean Kelly Director 1.00 0.00 X 0 0 0 Alan Shurkey Chairperson 1.00 0.00 X 0 0 0 219950 17320 1 false false false HEALTH ALLIANCE PLAN PO Box 67000 Detroit MI 482672703 Health insurance 138981 Fiserv PO BOX 934057 ATLANTA GA 311934057 Data processing 698474 2 0 Fee Income 524298 1218192 1211497 6695 Loan Interest Income 522100 2817887 2817887 Non-Member ATM Fees 525990 18954 18954 4055033 697263 697263 0 0 34225 12811 21414 21414 21414 515192 500000 15192 15192 15192 0 0 0 0 4788902 4763253 25649 0 0 0 0 237270 0 1211666 305010 162110 105229 39129 67160 51855 0 0 16430 322921 45884 439097 366377 0 142042 0 0 34483 123254 0 177318 34047 Loan Servicing 332890 ATM Expense 127165 Provision for Loan Losses 106675 Fraud Loss 46023 85483 4579518 0 0 0 1628619 1990605 8939445 15352748 0 293281 558358 168011 92937 0 57157739 51692903 0 243807 372386 3706650 3751070 3706650 1853737 2055392 20357643 34022986 425200 425200 0 1143327 1221185 95961879 111491350 2167477 1236712 85638906 101537813 87806383 102774525 X 8155496 8716825 8155496 8716825 95961879 111491350 X 209384 577521 -225576 X false true X true false 527676 527676 2973929 2973929 1003 1003 204042 204042 3706650 34022986 Member Shares & Deposits 101537813 101537813 Doreen Smith Executive VP Mortgage X 105000 63214 false true true Doreen Smith Exec VP Vehicle X 39887 29723 false false true 92937 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Section 501c(14) Credit Union is composed of members. Form 990, Part VI, Line 11b: Form 990 Review Process Management reviews tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Credit Committee. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Credit union bylaws and conflict of interest policy are available upon request at the credit union's main office. Quarterly financial statements are displayed in the lobby which is accessible to the general public. Quarterly financial performance (Call) reports are also available at www.ncua.gov for all federally insured credit unions. Other Changes In Net Assets Or Fund Balances - Other Decreases Changes in Other Comprehensive = -$225576