2020-11-16T15:30:52-06:00 2019-12-31 570568919 CANTEY TILLER PIERCE & GREEN LLP PO BOX 862 CAMDEN SC 29021 990 2019-01-01 570379898 SANTEE COOPER CREDIT UNION SANT 8437614001 612 REMBERT C DENNIS BLVD MONCKS CORNER SC 29461 MELYNDA CIOCHETTI CHAMPION PRESIDENT/CEO 8437614001 2020-11-16 JANET M PIERCE P00498837 8034321436 2020-11-16 143.244.105.162 2020-11-16 15:30:52 CS P 8A5EF587CFE71028FDEAE561BA42261A23FBE972 34C51C3261704471D409D11DAE3CFA7FFB2472B8 2019 2021-04-22 16:20:28Z MELYNDA CIOCHETTI CHAMPION 612 REMBERT S DENNIS BLVD MONCKS CORNER SC 29461 3011848 false X WWW.SANTEECOOPERCREDITUNION.ORG X 1953 SC SANTEE COOPER CREDIT UNION IS A STATE CHARTERED CREDIT UNION PROVIDING TWO PRIMARY NEEDS. THE FIRST IS THAT OF PROVIDING A CONVENIENT DEPOSITORY FOR ITS MEMBERS' FUNDS WHEREBY INDIVIDUALS MAY ENGAGE IN A SYSTEMATIC PLAN OF SAVINGS AND EARN A COMPETITIVE RATE OF RETURN. SECONDLY, THE CREDIT UNION SERVES AS A SOURCE OF FINANCIAL ASSISTANCE TO AID ITS MEMBERS WITH THEIR CONSUMER AND FINANCIAL NEEDS BY PROVIDING REASONABLE AND AFFORABLE LOANS TO QUALIFIED MEMBERS. 9 9 24 0 0 1746877 1899805 266965 262365 804899 849678 2818741 3011848 0 0 1081613 1109122 0 0 1060855 1165842 2142468 2274964 676273 736884 53426590 58270340 47075387 51182253 6351203 7088087 X SANTEE COOPER CREDIT UNION IS A STATE CHARTERED CREDIT UNION PROVIDING TWO PRIMARY NEEDS. THE FIRST IS THAT OF PROVIDING A CONVENIENT DEPOSITORY FOR ITS MEMBERS' FUNDS WHEREBY INDIVIDUALS MAY ENGAGE IN A SYSTEMATIC PLAN OF SAVINGS AND EARN A COMPETITIVE RATE OF RETURN. SECONDLY, THE CREDIT UNION SERVES AS A SOURCE OF FINANCIAL ASSISTANCE TO AID ITS MEMBERS WITH THEIR CONSUMER AND FINANCIAL NEEDS BY PROVIDING REASONABLE AND AFFORABLE LOANS TO QUALIFIED MEMBERS. false false SANTEE COOPER CREDIT UNION IS A STATE CHARTERED CREDIT UNION PROVIDING TWO PRIMARY NEEDS. THE FIRST IS THAT OF PROVIDING A CONVENIENT DEPOSITORY FOR ITS MEMBERS' FUNDS WHEREBY INDIVIDUALS MAY ENGAGE IN A SYSTEMATIC PLAN OF SAVINGS AND EARN A COMPETITIVE RATE OF RETURN. SECONDLY, THE CREDIT UNION SERVES AS A SOURCE OF FINANCIAL ASSISTANCE TO AID ITS MEMBERS WITH THEIR CONSUMER AND FINANCIAL NEEDS BY PROVIDING REASONABLE AND AFFORDABLE LOANS TO QUALIFIED MEMBERS. 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 false false false false false false false false false false false false false false false true 941 0 false 24 true false false false false false false false false X 9 9 false false false false true true false true true false true true false true true false true true true false false X ANTUAN CROMEDY 8437614001 612 REMBERT C DENNIS BLVD 612 REMBERT S DENNIS BLVD MONCKS CORNER SC 29461 X WILLIAM K BARLOW BOARD MEMBER X 0 0 0 ROSA LEE DEAVERS BOARD MEMBER X 0 0 0 WILLIAM FINN CHAIR X 0 0 0 WILLIAM BROWN III BOARD MEMBER X 0 0 0 SUSAN JACKSON VICE CHAIR X 0 0 0 CLAYTON MAULDEN BOARD MEMBER X 0 0 0 LEISA STILLEY SECRETARY X 0 0 0 DENNY THOMPSON TREASURER X 0 0 0 KAREN WHALEY BOARD MEMBER X 0 0 0 MELYNDA CIOCHETTI CHAMPION PRESIDENT/CE X 0 0 0 RHONDA ROSENBERGER VICE PRESIDE X 0 0 0 false false false BLUE CROSS BLUE SHIELD BLUE CROSS BLUE SHIELD PO BOX 100300 PO BOX 100300 COLUMBIA SC 29202 HEALTH INSURANC 178189 FISERV GALAXY FISERV GALAXY 75 REMITTANCE DRIVE 75 REMITTANCE DRIVE CHICAGO IL 606756942 DATA PROCESSOR 176251 2 INTEREST ON LOANS 522291 1899805 1899805 1899805 262365 262365 MISC OPERATING INCOM 849678 849678 849678 3011848 2749483 262365 X 789392 710453 78939 65658 65658 254072 228665 25407 299859 272231 27628 42637 42637 150209 150209 42452 42452 2396 2396 125550 125550 52858 52858 OFFICE OPERATION EXPENSE 104386 104386 LOAN LOSS EXPENSE 77639 77639 ATM FEES EXPENSE 77112 77112 LOAN SERVICING EXPENSES 48772 48772 141972 141972 2274964 2142990 131974 0 538503 679585 12558183 14057467 12340 19597 38855187 42001376 22192 55451 1760960 922185 828858 838775 611327 618089 53426590 58270340 136391 312535 46938996 50869718 47075387 51182253 X 6351203 7088087 6351203 7088087 53426590 58270340 X 736884 X false false 253823 253823 1092231 567397 524834 7600 1900 5700 407306 352888 54418 838775 SHARES 50869718 50869718 FORM 990 - ORGANIZATION'S MISSION SANTEE COOPER CREDIT UNION IS A STATE CHARTERED CREDIT UNION PROVIDING TWO PRIMARY NEEDS. THE FIRST IS THAT OF PROVIDING A CONVENIENT DEPOSITORY FOR ITS MEMBERS' FUNDS WHEREBY INDIVIDUALS MAY ENGAGE IN A SYSTEMATIC PLAN OF SAVINGS AND EARN A COMPETITIVE RATE OF RETURN. SECONDLY, THE CREDIT UNION SERVES AS A SOURCE OF FINANCIAL ASSISTANCE TO AID ITS MEMBERS WITH THEIR CONSUMER AND FINANCIAL NEEDS BY PROVIDING REASONABLE AND AFFORABLE LOANS TO QUALIFIED MEMBERS. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS APPROXIMATELY 7,344 MEMEMBERS. EACH MEMBER HAS A 5 SHARE DEPOSIT AND IS ENTITLED TO ONE VOTE FOR THE GOVERNING BODY/BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS OF THE CREDIT UNION ELECT THOSE POSITIONS THAT HAVE TO BE FILLED WHEN A BOARD MEMBER'S TERM IS COMPLETED. THEY CAN CHOOSE TO RE-ELECT THE SAME BOARD MEMBER IF THE PERSON CHOOSES TO CONTINUE TO FULFILL THIS DUTY OR A DIFFERENT PERSON TO FILL THE POSITION. FORM 990, PAGE 6, PART VI, LINE 11B THE ACCOUNTING COORDINATOR, ANTUAN CROMEDY, AND THE CEO, MELYNDA CIOCHETTI, REVIEW THE FORM 990 AND MAKE NECESSARY CHANGES BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION OF THE CEO OF THE CREDIT UNION IS REVIEWED YEARLY BY THE BOARD OF DIRECTORS. COMPENSATION IS BASED ON MARKET RESEARCH, THE GOALS COMPLETED IN THE PREVIOUS YEAR, AND THE OVERAL HEALTH AND STABILITY OF THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 19 COPIES OF FINANCIAL STATEMENTS ARE POSTED WITHIN THE BRANCH OF SANTEE COOPER CREDIT UNION EVERY MONTH. THE STATE BOARD OF FINANCIAL INSTITUTIONS HOLDS THE SANTEE COOPER CREDIT UNION'S CHARTER AND OTHER GOVERNING DOCUMENTS. THESE ARE AVAILABLE FOR ANYONE UPON REQUEST. THE SANTEE COOPER CREDIT UNION ALSO PROVIDES QUARTERLY NEWLSETTERS. ANY SPECIFIC INFO SUCH AS CONFLICT OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G FED SUPV/EXAM EXPENSES 23,575 0 0 PROFES & OUTSIDE SERVICES 248,656 27,628 0 TOTAL 272,231 27,628 0 FORM 990, PART XI, LINE 9 ROUNDING 0