POINT BREEZE CREDIT UNION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: POINT BREEZE CREDIT UNION (EIN 52-0447180)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-16
IRS object ID: 202013219349310656
Schema version: 2019v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-16T12:48:44-06:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	520630619	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Rowles & Company LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	8100 Sandpiper Cir Ste 308	AddressLine1Txt
City	Baltimore	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21236	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	520447180	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Point Breeze Credit Union	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	POIN	BusinessNameControlTxt
Phone	4105847228	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11104 McCormick Road	AddressLine1Txt
City	Hunt Valley	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21031	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Tonia Niedzialkowski	PersonNm
Person Title	EVP/COO	PersonTitleTxt
Phone	4105847228	PhoneNum
Signature	2020-11-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Joseph A Musumeci Jr	PreparerPersonNm
PTIN	P00841270	PTIN
Phone	4437255395	PhoneNum
Preparation	2020-11-16	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	69.251.226.178	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-16	IPDt
IP Tm	10:43:51	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	25BAAC395AB594B7C990D3514F9F8C2B15BC28DC	AtSubmissionCreationDeviceId
At Submission Filing Device Id	89FB6105E972F410DFCFB4E291105695CEA10B4E	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-01-07 14:23:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Bernard G McLaughlin	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11104 McCormick Road	AddressLine1Txt
City	Hunt Valley	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21031	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$32,259,330	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	www.pbcu.com	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1935	FormationYr
Legal Domicile State	MD	LegalDomicileStateCd
Activity Or Mission	State chartered credit union	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	146	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$59,224	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$39,003	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$24,306,283	PYProgramServiceRevenueAmt
CY Program Service Revenue	$26,457,807	CYProgramServiceRevenueAmt
PY Investment Income	$5,039,107	PYInvestmentIncomeAmt
CY Investment Income	$5,791,946	CYInvestmentIncomeAmt
PY Other Revenue	-$50,999	PYOtherRevenueAmt
CY Other Revenue	$9,577	CYOtherRevenueAmt
PY Total Revenue	$29,294,391	PYTotalRevenueAmt
CY Total Revenue	$32,259,330	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$9,901,630	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$11,343,527	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$15,333,006	PYOtherExpensesAmt
CY Other Expenses	$15,999,850	CYOtherExpensesAmt
PY Total Expenses	$25,234,636	PYTotalExpensesAmt
CY Total Expenses	$27,343,377	CYTotalExpensesAmt
PY Revenues Less Expenses	$4,059,755	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$4,915,953	CYRevenuesLessExpensesAmt
Total Assets BOY	$766,117,381	TotalAssetsBOYAmt
Total Assets EOY	$773,853,745	TotalAssetsEOYAmt
Total Liabilities BOY	$3,233,786	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$4,614,995	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$762,883,595	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$769,238,750	NetAssetsOrFundBalancesEOYAmt
Mission	Our mission is to provide quality financial solutions for every member.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	Point Breeze Credit Union provides lending and deposit services to its approximately 59,144 members.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	24223	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	146	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Marisa Ehrlich	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4105847228	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11104 McCormick Road	AddressLine1Txt
City	Baltimore	CityNm
State Abbreviation	MD	StateAbbreviationCd
ZIP	21031	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
Michael J Gallagher
Vice Chairman	1.26	Yes (X)	$9,600	$0	$0
Cordell D Boone
Treasurer	0.91	Yes (X)	$6,750	$0	$200
Lynn B Finckel
Secretary	0.64	Yes (X)	$5,100	$0	$200
Howard W Uhl
Director	1.07	Yes (X)	$6,330	$0	$0
William R Helmey
Director	0.59	Yes (X)	$4,500	$0	$12,800
Donald Gundlach
Chairman	1.26	Yes (X)	$10,500	$0	$200
Donald D Beynon Jr
Director	0.41	Yes (X)	$3,600	$0	$200
Jean Lewis
Director	0.45	Yes (X)	$3,450	$0	$200
Jack Wilt
Supervisory Committee	0.35	Yes (X)	$1,680	$0	$0
William Cockey
Supervisory Committee	0.50	Yes (X)	$2,640	$0	$0
Helen Martinez
Supervisory Committee	0.27	Yes (X)	$1,080	$0	$0
Bernard G McLaughlin
President/CEO	40.00		$568,946	$0	$78,101	Yes (X)
Eugenie Briggs
SVP - Marketing	40.00		$131,213	$0	$29,958	Yes (X)
Tonia M Niedzialkowski
EVP/COO	40.00		$257,848	$0	$171,288	Yes (X)
Patricia Brice
SVP/CLO	40.00		$184,894	$0	$156,492	Yes (X)
Kristin Reynolds
SVP - Human Resources	40.00		$155,794	$0	$146,359	Yes (X)
Kimberly Mangrum
SVP - Member Services	40.00		$185,901	$0	$139,358	Yes (X)
Karen Trimp
VP - Compliance	40.00		$120,259	$0	$45,938		Yes (X)
Cynthia Harrel
VP - Operation Suppor	40.00		$120,975	$0	$46,058		Yes (X)
Stewart Holbrook
VP - IT	40.00		$129,502	$0	$34,333		Yes (X)
Beth Bavis
VP - Member Business Lending	40.00		$126,842	$0	$25,018		Yes (X)
Victoria Amend
VP - Collections	40.00		$111,008	$0	$41,337		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,148,412	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$928,040	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	11	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Buch Construction
11292 Buch Way	Laurel	MD	20723	Construction and Facilities	$2,101,053
Fiserv Inc
225 Fiserv Dr	Brookfield	WI	53045	Data Processing	$1,456,391
The Long Group
22 Greeley St	Merrimack	NH	03054	Business Development	$1,031,855
NCR Corp
1300 Seaport	Redwood City	CA	94063	Software Provider	$599,700
GTM Architects
7735 Old Georgetown Road Suite 700	Bethesda	MD	20814	Architecture	$458,919

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
Interest on loans	522100	$20,537,955	$20,537,955
Other services	525990	$3,497,316	$3,497,316
Share account services	525990	$2,103,892	$2,103,892
Credit insurance	524298	$259,420	$259,420
Nonmember ATM fees	525990	$59,224		$59,224

Field	Value	IRS element (for citing)
Total Program Service Revenue	$26,457,807	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,791,946	TotalRevenueColumnAmt
Exclusion	$5,791,946	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Gain on sale of foreclosed real e	Desc
Business	531390	BusinessCd
Total Revenue Column	$9,577	TotalRevenueColumnAmt
Related Or Exempt Func Income	$9,577	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$9,577	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$32,259,330	TotalRevenueColumnAmt
Related Or Exempt Func Income	$26,408,160	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$59,224	UnrelatedBusinessRevenueAmt
Exclusion	$5,791,946	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,076,452	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$5,946,655	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$509,934	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,241,180	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$569,306	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$131,598	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$108,985	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$614,406	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,549,461	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,690,740	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,036,764	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,811,783	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$20,780	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$228,723	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,738,027	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,093,338	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$167,898	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
Lending	$1,437,994
Bank service charges	$1,157,043
Loan loss provision	$810,619
Miscellaneous	$401,691

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$27,343,377	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,789,748	BOYAmt
EOY	$4,278,373	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$46,276,033	BOYAmt
EOY	$47,234,169	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$595,133	BOYAmt
EOY	$610,937	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$442,008,606	BOYAmt
EOY	$486,057,031	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$26,450,506	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$9,907,844	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$13,790,872	BOYAmt
EOY	$16,542,662	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$218,679,908	BOYAmt
EOY	$175,443,265	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$39,977,081	BOYAmt
EOY	$43,687,308	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$766,117,381	BOYAmt
EOY	$773,853,745	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$3,233,786	BOYAmt
EOY	$4,614,995	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,233,786	BOYAmt
EOY	$4,614,995	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$654,349,148	BOYAmt
EOY	$652,979,467	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$108,534,447	BOYAmt
EOY	$116,259,283	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$762,883,595	BOYAmt
EOY	$769,238,750	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$766,117,381	BOYAmt
EOY	$773,853,745	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$4,915,953	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$2,808,883	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$1,369,681	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,577,140	OtherCostOrOtherBasisAmt
Book Value	$2,577,140	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$16,639,810	OtherCostOrOtherBasisAmt
Depreciation	$4,820,717	DepreciationAmt
Book Value	$11,819,093	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$7,233,556	OtherCostOrOtherBasisAmt
Depreciation	$5,087,127	DepreciationAmt
Book Value	$2,146,429	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$16,542,662	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
NCUSIF deposit	$6,495,745
Accrued interest receivable	$1,779,519
Other assets	$15,637,832
CU owned life insurance	$19,774,212

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$43,687,308	TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt	$32,259,330	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$32,259,330	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$32,259,330	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$27,343,377	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$27,343,377	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$27,343,377	TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Bernard G McLaughlin
President/CEO	$568,946	$0	$0	$0	$0	$0	$38,201	$0	$39,900	$0	$647,047	$0	$0	$0
Eugenie Briggs
SVP - Marketing	$131,213	$0	$0	$0	$0	$0	$16,911	$0	$13,047	$0	$161,171	$0	$0	$0
Tonia M Niedzialkowski
EVP/COO	$257,848	$0	$0	$0	$0	$0	$142,330	$0	$28,958	$0	$429,136	$0	$0	$0
Patricia Brice
SVP/CLO	$184,894	$0	$0	$0	$0	$0	$132,770	$0	$23,722	$0	$341,386	$0	$0	$0
Kristin Reynolds
SVP - Human Resources	$155,794	$0	$0	$0	$0	$0	$118,849	$0	$27,510	$0	$302,153	$0	$0	$0
Kimberly Mangrum
SVP - Member Services	$185,901	$0	$0	$0	$0	$0	$115,321	$0	$24,037	$0	$325,259	$0	$0	$0
Karen Trimp
VP - Compliance	$120,259	$0	$0	$0	$0	$0	$19,580	$0	$26,358	$0	$166,197	$0	$0	$0
Cynthia Harrel
VP - Operation Suppor	$120,975	$0	$0	$0	$0	$0	$19,737	$0	$26,321	$0	$167,033	$0	$0	$0
Stewart Holbrook
VP - IT	$129,502	$0	$0	$0	$0	$0	$11,017	$0	$23,316	$0	$163,835	$0	$0	$0
Beth Bavis
VP - Member Business Lending	$126,842	$0	$0	$0	$0	$0	$939	$0	$24,079	$0	$151,860	$0	$0	$0
Victoria Amend
VP - Collections	$111,008	$0	$0	$0	$0	$0	$19,549	$0	$21,788	$0	$152,345	$0	$0	$0

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (11 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
Cordell Boone
Director	mortgage	Yes (X)	$13,500	$4,933	0	Yes (1)	Yes (1)
Eugeneie Briggs
SVP Marketing	credit card	Yes (X)	$10,000	$5,114	0	Yes (1)	Yes (1)
Howard Uhl
Director	credit card and auto	Yes (X)	$30,302	$12,563	0	Yes (1)	Yes (1)
Kimberly Mangrum
SVP Member Services	auto	Yes (X)	$38,763	$3,807	0	Yes (1)	Yes (1)
Kristin Reynolds
VP Human Resources	2nd mortgage, credit card, and auto	Yes (X)	$62,236	$57,296	0	Yes (1)	Yes (1)
Lynn Finckel
Board Secretary	HELOC	Yes (X)	$42,900	$28,008	0	Yes (1)	Yes (1)
Michael J Gallagher
Chairman	credit cards, auto, mortgage	Yes (X)	$165,091	$59,293	0	Yes (1)	Yes (1)
Patricia Brice
SVP/CLO	mortgage and credit card	Yes (X)	$305,000	$220,312	0	Yes (1)	Yes (1)
Tonia M Niedzialkowski
CFO	mortgage, credit card, and auto	Yes (X)	$462,689	$216,248	0	Yes (1)	Yes (1)
William Cockey
Supervisory Committee	auto	Yes (X)	$5,074	$3,363	0	Yes (1)	Yes (1)
William L Ramsey
Director	credit cards	Yes (X)	$77,414		0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$610,937	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 6	The Credit Union has approximately 59,144 members.
Form 990, Part VI, Section A, line 7a	Credit Union members elect the Board of Directors.
Form 990, Part VI, Section B, line 11b	The CEO and CFO perform final reviews of Form 990.
Form 990, Part VI, Section B, line 12c	The Credit Union monitors and enforces compliance with the conflict of interest policy through required disclosure if and when a conflict arises.
Form 990, Part VI, Section B, line 15	The compensation committee reviews a national salary survey, evaluates the CEO's performance, and makes a proposal to the board of directors for the CEO's salary. The CEO reviews a national salary survey, reviews performance appraisals, and makes a proposal to the board of directors for officers' salaries. The board of directors discusses and approves the CEO's and officers' salaries.
Form 990, Part VI, Section C, line 19	The Credit Union makes its governing documents and conflict of interest policy available to the public upon request. Quarterly financial statements are available through the NCUA website. Annual audited financial statements are provided to members at the annual meeting.
Form 990, Part XI, line 9:	Net decrease in members' share balances -1,369,681.
Form 990, Part XII, Line 2c:	The supervisory committee is responsible for oversight of the audit of the financial statements and selection of the independent accountants.