2020-05-06T09:48:36-07:00 2019-12-31 990 2019-01-01 041989205 WORCESTER FIRE DEPT CREDIT UNION WORC 5087521122 34 Glennie Street Worcester MA 01605 Gerard Dio Treasurer 5087521122 2020-05-05 207.180.24.234 2019 2021-04-22 16:20:28Z Gerard Dio 32 Glennie Street Worcester MA 01605 1101461 0 X www.wfdcu.org X 1937 MA To ensure thrift among its members by the accumulation of their savings and loaning of such savings to its members for provident purposes. 13 13 0 13 3772 3772 0 0 539365 565561 562562 535900 0 0 1101927 1101461 0 0 179459 191949 401598 401726 0 0 0 481013 492840 1062070 1086515 39857 14946 39711296 40003126 34155711 34432595 5555585 5570531 To encourage thrift among its members by the accumulation of their savings and loaning of such savings to its members for provident purposes. 0 0 840627 561789 Provide low cost loans, atm, visa cards, home banking, and other financial services to our members 194325 535900 the credit union provides a .30% dividend to our members savings accounts and competititve rates to our members for their certificates of deposits. 1083 3772 sell gap insurance to our members for their vehicles. 990T 0 0 0 1036035 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 13 13 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Worcester Fire Department Credit Union 5087521122 34 Glennie Street Worcester MA 01605 Michael Coakley Director 0.5 0 X 0 0 0 Robert Johnson Vice President 0.5 0 X X 0 0 0 Thomas Dwyer Director 0.5 0 X 0 0 0 Matthew Coakley Director 0.5 0 X 0 0 0 Stephen Johnson Director 0.5 0 X 0 0 0 John Franco Director 0.5 0 X 0 0 0 William Mosley Director 0.5 0 X 0 0 0 Arthur Davison Director 0.5 0 X 0 0 0 Brian Tangney Director 0.5 0 X 0 0 0 John Ford Director 0.5 0 X 0 0 0 Gerard Dio President 10 0 X X 27734 0 0 Daniel Spencer Treasurer 20 0 X X 39841 0 0 Brian Boucher Director 0.5 0 X 0 0 0 Lisa Carmody Manager 40 0 X X 107738 0 0 175313 0 0 1 0 0 0 FISERV 4450 SW Macadam Avenue Portland OR 97239 computer software company 129392 1 0 loans to members 522130 478358 478358 0 0 fees for service 522320 87203 83431 3772 0 0 0 0 0 565561 535900 535900 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1101461 1097689 3772 0 191949 164381 0 147033 18638 46321 25353 0 0 13026 118339 142113 0 61811 9916 10765 0 2376 6708 28345 19884 bad debt 51563 donations 10182 Misc 17812 1086515 0 0 0 202885 1222074 1334973 1985852 0 0 0 0 0 0 0 0 9686542 9955095 0 0 39165 18216 1191158 506860 698788 684298 0 0 27360916 25744206 0 0 0 0 388027 393385 39711296 40003126 6021 37801 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34149690 34394794 34155711 34432595 X 0 0 0 0 5555585 5570531 5555585 5570531 39711296 40003126 14946 0 0 0 0 0 X 0 0 0 155000 0 155000 794450 0 302387 492063 0 0 0 0 241708 0 204473 37235 0 0 0 0 684298 25744206 0 25744206 0 shares and certificates to members 34394794 34394794 X Schedule D, Part X, Line 2 members owned shares and certificate of deposits. Form 990, Part VI, Section A, Line 2 Michael Coakley is Matthew Coakley father. Form 990, Part VI, Section A, Line 6 there are presently approximately 1850 members in our credit union. the annual meeting and voting occurs in the spring. at which meeting they vote and express their concerns. Form 990, Part VI, Section A, Line 7a every year a number of board members run for a three year term and they are voted in by the membership Form 990, Part VI, Section A, Line 7b by-laws governing the credit union are voted at the annual meeting by the membership Form 990, Part VI, Section B, Line 11b the president reviews the 990 at the May board meeting and any board member can have their own copy. Form 990, Part VI, Section B, Line 12c at the monthly board meetings any conflict of interest by any board member is brought to the attention of the board and that member on occasion will abstain from voting on the subject matter. Form 990, Part VI, Section C, Line 19 upon request a member can view the policies of the credit union. these policies are in the book. the financial statements for each month is posted in the credit union lobby.