2025-09-16T14:47:29-05:00 2024-12-31 420714325 RSM US LLP 4650 EAST 53RD STREET DAVENPORT IA 528073479 990 2024-01-01 741237070 RALLY CREDIT UNION RALL 3619867300 2730 RODD FIELD ROAD CORPUS CHRISTI TX 78414 CARRIE TSCHIRHART CHIEF FINANCIAL OFFICER 3619867300 2025-09-15 1 1 JENIFER L CHASE P01306883 5638884000 2025-09-15 2024 2025-03-06 01:10:19Z DANA SISK 2730 RODD FIELD ROAD CORPUS CHRISTI TX 78414 332348986 0 X WWW.RALLYCU.COM X 1955 TX TO MEET THE FINANCIAL NEEDS AND GOALS OF OUR MEMBERS. PROVIDE SAVINGS, SHARE DRAFT AND SHARE CERTIFICATE ACCOUNTS AND AUTO, CONSUMER AND COMMERCIAL LOANS. 9 9 972 12 319586 0 0 0 272529425 310593044 22869136 21755942 0 0 295398561 332348986 0 10000 0 0 56107616 59627762 0 0 0 185529152 245895122 241636768 305532884 53761793 26816102 4302657272 4502405665 3739655182 3905751055 563002090 596654610 TO MEET THE FINANCIAL NEEDS AND GOALS OF OUR MEMBERS. PROVIDE SAVINGS, SHARE DRAFT AND SHARE CERTIFICATE ACCOUNTS AND AUTO, CONSUMER AND COMMERCIAL LOANS. 0 0 RALLY CREDIT UNION IS A COOPERATIVE, MEMBER-OWNED, NON-PROFIT PROVIDER OF FINANCIAL SERVICES TO MEMBERS. WE PROVIDE AUTO, HOME AND BUSINESS LOANS TO THE COMMUNITY. AS OF DECEMBER 31, 2024, THE TOTAL NUMBER OF LOANS ISSUED WAS 120,710 AND THE TOTAL OUTSTANDING BALANCE OF LOANS ISSUED WAS $3,943,408,586. RALLY CREDIT UNION PROVIDES DEPOSIT ACCOUNTS TO MEMBERS. AS OF DECEMBER 31, 2024, THE TOTAL NUMBER OF MEMBERS WAS 228,572 WITH THE TOTAL NUMBER OF DEPOSIT ACCOUNTS ISSUED OF 419,328,AND TOTAL OUTSTANDING BALANCE OF DEPOSIT ACCOUNTS IN THE AMOUNT OF $3,757,674,742. RALLY CREDIT UNION ALSO PROVIDES ATM AND ITM ACCESS TO MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 87728 0 1 972 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 1 0 1 1 1 1 1 0 0 0 0 1 1 1 0 0 X CARRIE TSCHIRHART CFO 3619867300 2730 RODD FIELD ROAD CORPUS CHRISTI TX 78414 JOHN CHAPMAN CHAIR 3.00 X X 12900 0 0 THELMA GARZA MANDEL DIRECTOR 3.00 X 11700 0 0 THERESA GONZALES SECRETARY 3.00 X X 13500 0 0 KENDRA KINNISON TREASURER 3.00 X X 12000 0 0 SYLVIA MARTINEZ DIRECTOR 3.00 X 11700 0 0 PEDRO RIVERA JR DIRECTOR 3.00 X 10200 0 0 RICHARD B STONE DIRECTOR 3.00 X 12300 0 0 GERALD VILLARREAL VICE CHAIR 3.00 X X 13500 0 0 ROBERT WESTRUP DIRECTOR 3.00 X 11100 0 0 DANA SISK PRESIDENT/CEO 40.00 X 909818 0 189258 CARRIE TSCHIRHART CHIEF FINANCIAL OFFICER 40.00 X 316643 0 40197 DANIEL DIBBLE CHIEF CONSUMER LENDING OFFICER 40.00 X 337292 0 54722 SHANNON SRP CHIEF TECHNOLOGY OFFICER 40.00 X 313522 0 76710 ROMAN ESCOBAR CHIEF MORTGAGE LENDING OFFICER 40.00 X 316960 0 56873 CYNTHIA RAMOS EXECUTIVE VICE PRESIDENT 40.00 X 379906 0 43680 VIRGINIA WHITHAM CHIEF HUMAN RESOURCES OFFICER 40.00 X 313507 0 51147 ASHLEY SMITH CHIEF MARKETING OFFICER 40.00 X 272767 0 60203 ANITA CADENA CHIEF RISK OFFICER 40.00 X 239381 0 29394 GERALD PENNINGTON VP INDIRECT AUTO LENDING 40.00 X 216896 0 42129 TERRI YOUNG SVP BRANCH OPERATIONS 40.00 X 217251 0 35598 MARIA KARACA SVP COMMERCIAL LENDING 40.00 X 210026 0 35601 ALISSA GONZALES VP OF LENDING 40.00 X 205889 0 26637 DEWAYNE COUCH VP OF COLLECTIONS 40.00 X 210214 0 34304 4568972 0 776453 62 0 1 0 FISERV 600 N VEL R PHILLIPS AVE MILWAUKEE WI 53203 PLATFORMS AND DIGITAL SOLUTIONS 5584962 NOBLE TEXAS 108 SOUTH MAIN STREET LA FERIA TX 78559 CONSTRUCTION 4423616 MOREHEAD DOTTS 418 PEOPLES STREET SUITE 400 CORPUS CHRISTI TX 78401 ADVERTISING 4057396 Q2 HOLDINGS INC 10355 PECAN PARK BOULEVARD AUSTIN TX 78729 DIGITAL BANKING 3046732 FTSI 406 E HUNTINGTON DRIVE MONROVIA MONROVIA CA 91016 ATM AND ITM MANAGEMENT 2715384 100 INTEREST ON LOANS 522100 245931235 245931235 FEE INCOME 522100 35010082 34789086 220996 INTERCHANGE INCOME 522100 22283853 22283853 INSURANCE & OTHER OPERATING INCOM 522100 6066211 5967621 98590 NON-OPERATING INCOME 522100 1301663 1301663 310593044 21482913 21482913 273029 0 273029 273029 273029 332348986 310273458 319586 21755942 10000 4001980 43844824 1671820 7017815 3091323 891112 321803 6621548 4951575 7338553 10954474 5210995 699832 7719596 8312239 645858 DIVIDENDS PAID TO MEMBE 113247972 PROVISION FOR CREDIT LO 58397001 ATM/ITM/DEBIT 14504444 LOAN SERVICING 6078120 305532884 485142653 443627803 3650453791 3873314033 3530115 4343271 147484493 71938651 71158267 75545842 11663100 9427122 80709346 96147594 4302657272 4502405665 13019263 13076313 150000000 135000000 3576635919 3757674742 3739655182 3905751055 X 0 0 0 0 563002090 596654610 563002090 596654610 4302657272 4502405665 X 26816102 6836418 X X 0 0 0 13749139 13749139 79962233 26305380 53656853 2375005 959780 1415225 51375009 44650413 6724596 23107 23078 29 75545842 SHARE ACCOUNTS (CHECKING/SAVINGS/CDS) 3757674742 3757674742 1 0 0 SCHOLARSHIPS 2 10000 PART I, LINE 2: RALLY CREDIT UNION PROVIDES SCHOLARSHIPS TO INDIVIDUALS TO BE USED AT THEIR OWN DISCRETION. X 1 1 X X X 0 1 0 DANA SISK PRESIDENT/CEO 708035 0 200000 0 1783 0 162347 0 26911 0 1099076 0 0 0 CYNTHIA RAMOS EXECUTIVE VICE PRESIDENT 340307 0 35000 0 4599 0 31063 0 12617 0 423586 0 0 0 DANIEL DIBBLE CHIEF CONSUMER LENDING OFFICER 303449 0 32500 0 1343 0 39940 0 14782 0 392014 0 0 0 SHANNON SRP CHIEF TECHNOLOGY OFFICER 277641 0 35000 0 881 0 47643 0 29067 0 390232 0 0 0 ROMAN ESCOBAR CHIEF MORTGAGE LENDING OFFICER 281102 0 35000 0 858 0 41930 0 14943 0 373833 0 0 0 VIRGINIA WHITHAM CHIEF HUMAN RESOURCES OFFICER 277215 0 35000 0 1292 0 36790 0 14357 0 364654 0 0 0 CARRIE TSCHIRHART CHIEF FINANCIAL OFFICER 279232 0 35000 0 2411 0 28328 0 11869 0 356840 0 0 0 ASHLEY SMITH CHIEF MARKETING OFFICER 236643 0 35000 0 1124 0 33811 0 26392 0 332970 0 0 0 ANITA CADENA CHIEF RISK OFFICER 218718 0 20000 0 663 0 9855 0 19539 0 268775 0 0 0 GERALD PENNINGTON VP INDIRECT AUTO LENDING 200966 0 15000 0 930 0 21223 0 20906 0 259025 0 0 0 TERRI YOUNG SVP BRANCH OPERATIONS 204547 0 11000 0 1704 0 24089 0 11509 0 252849 0 0 0 MARIA KARACA SVP COMMERCIAL LENDING 194652 0 15000 0 374 0 24149 0 11452 0 245627 0 0 0 DEWAYNE COUCH VP OF COLLECTIONS 194652 0 15000 0 562 0 22852 0 11452 0 244518 0 0 0 ALISSA GONZALES VP OF LENDING 190515 0 15000 0 374 0 8467 0 18170 0 232526 0 0 0 PART I, LINE 1A IN TAX YEAR 2024, RALLY CREDIT UNION REIMBURSED TRAVEL EXPENSES FOR THE COMPANIONS TO DANA SISK, JOHN CHAPMAN, GERALD VILLARREAL, KENDRA KINNISON, THERESA GONZALES, RICHARD STONE, THELMA GARZA MANDEL, SYLVIA MARTINEZ, PEDRO RIVIERA JR, AND ROBERT WESTRUP. THE AMOUNTS ARE INCLUDED IN REPORTABLE COMPENSATION IN PART VII AND SCHEDULE J. PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN IN 2024 SPONSORED BY RALLY CREDIT UNION. THE FOLLOWING DEFINED BENEFIT ACCRUAL AMOUNTS ARE INCLUDED IN DEFERRED COMPENSATION IN PART VII AND SCHEDULE J: ASHLEY SMITH - $22,443 BENEFIT ACCRUAL DANA SISK - $149,931 BENEFIT ACCRUAL SHANNON SRP - $37,247 BENEFIT ACCRUAL DANIEL DIBBLE - $29,704 BENEFIT ACCRUAL ROMAN ESCOBAR - $29,115 BENEFIT ACCRUAL GERALD PENNINGTON - $12,229 BENEFIT ACCRUAL CYNTHIA RAMOS - $17,263 BENEFIT ACCRUAL CARRIE TSCHIRHART - $27,784 BENEFIT ACCRUAL VIRGINIA WHITHAM - $24,139 BENEFIT ACCRUAL DEWAYNE COUCH - $20,746 BENEFIT ACCRUAL MARIA KARACA - $15,734 BENEFIT ACCRUAL TERRI YOUNG - $15,385 BENEFIT ACCRUAL THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN 2024. FORM 990, PART VI, SECTION A, LINE 1A RALLY CREDIT UNION HAS AN EXECUTIVE COMMITTEE THAT HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE MUST REPORT TO THE GOVERNING BODY ON ANY ACTIONS THAT ARE TAKEN. FORM 990, PART VI, SECTION A, LINE 4 RALLY CREDIT UNION AMENDED ITS BYLAWS TO ADD THE TEXAS CONSUMER COUNCIL MEMBERS TO THE FIELD OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 6 RALLY CREDIT UNION HAS MEMBERS AS SPECIFIED IN ITS BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A RALLY CREDIT UNION MEMBERS HAVE THE POWER TO ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B RALLY CREDIT UNION MEMBERS HAVE THE POWER TO ELECT AND REMOVE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE CHIEF FINANCIAL OFFICER BEFORE IT IS SIGNED. THE FORM IS THEN PROVIDED TO THE FINANCE COMMITTEE CHAIR PRIOR TO SUBMISSION. THE FORM IS THEN PROVIDED TO THE BOARD TREASURER AND FINANCE COMMITTEE CHAIR PRIOR TO SUBMISSION WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15A RALLY CREDIT UNION USES A THIRD-PARTY CONSULTANT, COMPEASE, TO COMPARE COMPENSATION OF SIMILAR POSITIONS AT COMPARABLE ORGANIZATION'S. RALLY CREDIT UNION'S COMPENSATION DATA IS MEASURED AGAINST THIS INDUSTRY SPECIFIC INFORMATION BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS THEN REVIEWS AND APPROVES COMPENSATION FOR THE PRESIDENT'S POSITION AND THE CEO REVIEWS AND APPROVES COMPENSATION OF EMPLOYEES. RALLY CREDIT UNION KEEPS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING RELATED TO THE DELIBERATION AND DECISIONS RELATED TO THE COMPENSATION SETTING PROCESS. THE LAST TIME THIS PROCESS OCCURRED WAS IN FEBRUARY 2025. FORM 990, PART VI, SECTION C, LINE 19 RALLY CREDIT UNION MAKES ITS GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE SAME TIME AND MANNER AS OTHER DISCLOSURES REQUIRED UNDER INTERNAL REVENUE CODE SECTION 6104. RALLY CREDIT UNION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. FORM 990, PART XI, LINE 9: CHANGE IN OTHER COMPREHENSIVE INCOME 6,836,418. FORM 990, PART IV, LINE 12A & PART XII, LINE 2B: RALLY CREDIT UNION'S (THE CREDIT UNION) FINANCIAL STATEMENTS ARE AUDITED ON A SEPARATE BASIS BY AN INDEPENDENT ACCOUNTANT. HOWEVER, THE FINANCIAL STATEMENTS ARE AUDITED ON A FISCAL YEAR-END BASIS OF JUNE 30TH, WHILE THE CREDIT UNION'S TAX YEAR-END IS DECEMBER 31ST.