2020-10-15T17:21:22-05:00 2019-12-31 811697509 AUDIT THREESIXTY 1202 JOHNSON ST ONALASKA WI 546502008 990 2019-01-01 416036331 EATON EMPLOYEES CREDIT UNION EATO 9529377175 14900 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344 ANN HEALEY-ALLEN PRESIDENT/CEO 9529377175 2020-10-09 true PETER RASMUSSEN P01888997 6083173765 2020-10-15 X 97.88.144.85 2020-10-15 17:21:22 CD P 5FA08F3168DAA0B72D4E7F0D679A1E851BDE6807 5FA08F3168DAA0B72D4E7F0D679A1E851BDE6807 2019 2021-04-22 16:20:28Z ANN HEALEY-ALLEN 1400 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344 167370 false X WWW.EATONCU.COM X 1949 MN MEET OUR MEMBERS' NEEDS BY PROVIDING SERVICE WITH A PERSONAL TOUCH, CULTIVATING CLOSE RELATIONSHIPS, OFFERING FINANCIAL GUIDANCE, AND SAFEGUARDING OUR MEMBERS' ASSETS. 5 4 2 10 909 0 175884 157503 9219 1035 648 176919 167370 0 0 72004 78420 0 0 95012 108805 167016 187225 9903 -19855 2476913 2614023 2171989 2328954 304924 285069 MEET OUR MEMBERS' NEEDS BY PROVIDING SERVICE WITH A PERSONAL TOUCH, CULTIVATING CLOSE RELATIONSHIPS, OFFERING FINANCIAL GUIDANCE, AND SAFEGUARDING OUR MEMBERS' ASSETS. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 37 NEW DEPOSIT ACCOUNTS IN 2019. AS OF 12/31/19 WE HAD 391 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 74 NEW LOANS TO OUR MEMBERS DURING 2019. AS OF 12/31/19 WE HAD 263 LOANS TO OUR 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 117 0 true 2 true false false false false false false false false X 5 4 false false true false true true true true true false false false true true true false true true false false X ANN HEALEY-ALLEN 9529377175 1400 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344 STEVE ZUMBUSCH CHAIRMAN 0.50 X X 0 0 0 LON STUTLEBERG VICE CHAIR 0.25 X X 0 0 0 JENNIFER HUFFMAN TREASURER 0.25 X X 0 0 0 BRAD HIMLE SECRETARY 0.25 X X 0 0 0 DAVID LUNDQUIST DIRECTOR 0.25 X 0 0 0 LAURA CUNNINGHAM PRESIDENT/CE 28.00 X 54250 0 0 ANN HEALEY-ALLEN TREASR/ASST 8.00 X X 18425 0 0 72675 false false false INTEREST ON LOANS 522130 108894 108894 MEMBER FEE INCOME 522130 33842 33842 OTHER MEMBER REVENUE 522130 13858 13858 NON MEMBER ATM FEES 522130 909 909 157503 9219 9219 648 648 167370 156594 909 9867 72675 85 5660 6276 100 58873 5598 1800 163 6413 PROVISION FOR LOAN LOSS 25628 DIVIDENDS EXPENSE 3954 187225 0 0 0 124841 186325 295685 467059 1998139 1915267 1018 1060 22078 22078 163 24500 24500 32567 19812 2476913 2614023 15370 16834 2156619 2312120 2171989 2328954 X 304924 285069 304924 285069 2476913 2614023 -19855 X false false 22078 22078 MEMBERS SHARES AND DEPOSITS 2312120 2312120 FORM 990, PAGE 6, PART VI, LINE 4 IN 2019 THE CURRENT MINNESOTA CREDIT UNION STANDARD BYLAWS WERE ADOPTED, AND THE MAXIMUM NUMBER OF BOARD MEMBERS WHAS CHANGED TO SEVEN. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT PREPARER WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES PREPARER TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS THE RETURN WITH THE DIRECTORS AT THE NEXT BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLIECT OF INTEREST POLICY AND ISSUES ARE REVIEWED AT BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION FOR THE PRESIDENT/CEO ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST.