2020-06-09T16:31:41-05:00 2019-12-31 832877982 LEY GIFFORD & FARR PLLC 6305 WATERFORD BLVD STE 450 OKLAHOMA CITY OK 73118 990 2019-01-01 730742019 OKLAHOMA EDUCATORS CREDIT UNION OKLA 4057222234 4001 NW EXPRESSWAY OKLAHOMA CITY OK 73116 Cindy White PRESIDENT 4057222234 2020-06-03 1 Clarissa Hunter P01782251 4058480255 68.15.98.80 2020-06-09 16:31:31 CD P FB7C0F3DE6349A8B14FA4A4D7FAF9D604FC82AE5 44E61D8B705BD5B7E4EEF85B3D9C4383189F2031 2019 2020-09-23 17:36:50Z CINDY WHITE 4001 NW EXPRESSWAY OKLAHOMA CITY OK 73116 15949658 0 X WWW.OECU.COM X 1960 OK PROVIDING FINANCIAL SERVICES TO SCHOOL EMPLOYEES, STUDENTS, AND THEIR FAMILIES. 7 7 150 13 0 0 0 0 10875029 13229835 542786 741323 0 19340 11417815 13990498 25834 30546 978506 1522493 2967069 3641053 0 0 0 5748197 6796029 9719606 11990121 1698209 2000377 155955667 166993127 141131345 149347268 14824322 17645859 PROVIDING FINANCIAL SERVICES TO SCHOOL EMPLOYEES, STUDENTS, AND THEIR FAMILIES. 0 0 11990121 30546 13931375 OKLAHOMA EDUCATORS CREDIT UNION IS A STATE CHARTERED CREDIT UNION SERVICING EDUCATORS, STUDENTS, AND THEIR FAMILIES. 11990121 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 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 2459 0 1 150 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 0 0 1 0 0 0 OK X OKLAHOMA EDUCATORS CREDIT UNION 4057222234 4001 NW EXPRESSWAY OKLAHOMA CITY OK 73116 DEAN NILES BOARD MEMBER 5.00 X 0 0 0 CHESTER WEEMS BOARD MEMBER 5.00 X 0 0 0 STEVEN ALLEN BOARD MEMBER 5.00 X 0 0 0 JAMES HARROD BOARD MEMBER 5.00 X 0 0 0 RICK DAWKINS BOARD MEMBER 5.00 X 0 0 0 JEFF DEWITT BOARD MEMBER 5.00 X 0 0 0 MIKE OSSENKOP BOARD MEMBER - CHAIRMAN 5.00 X 0 0 0 CINDY WHITE PRESIDENT / CEO 60.00 X 356249 0 4324 TRENT VAUGHN SENIOR VICE PRESIDENT OF M 60.00 X 211106 0 10825 BOB HERZIG VICE PRESIDENT OF FINANCE/ 60.00 X 131991 0 10831 699346 0 25980 3 0 1 0 Jack Henry & Associates Inc PO Box 609 Monett MO 65708 DATA PROCESSING SERVICES/CORE PROCESSOR 377199 1 LOAN INTEREST 522100 9368155 9368155 FEES AND SERVICE CHARGES 522100 3508420 3508420 OTHER INCOME 522100 353260 353260 13229835 701540 701540 19340 0 19340 19340 19340 1998943 1959160 39783 39783 39783 13990498 13931375 0 59123 30546 1522493 725328 2336386 127643 230386 221310 20507 37000 2760 53513 95168 292314 603424 254176 12289 84221 192112 226692 80218 PROVISION FOR LOAN LOSS 3232373 OFFICE EQUIPMENT 934196 PROCESSING FEES 341659 EMPLOYEE & DIRECTOR EXP 76264 257143 11990121 741547 788906 26889 3384 111531 83373 116359831 127613744 281531 422263 7587629 2045171 4710755 5542458 30938516 31024493 2785067 1514506 155955667 166993127 10521415 1663756 7000000 130609930 140683512 141131345 149347268 X 0 0 0 0 14824322 17645859 14824322 17645859 155955667 166993127 2000377 821160 0 X X 0 0 0 1880956 1880956 4668980 1015098 3653882 23112 15492 7620 1014581 1014581 0 5542458 CATALYST CORP CU 1423380 C FEDERAL HOME LOAN BANK 384300 C MBO SECURITIES 27839912 F SERVICE CENTER CU 50000 C CUSO - INSURANCE 33000 C NCUA SHARE INSURANCE FUND 1293901 C 31024493 SHARE ACCOUNTS 140178000 LOAN PROCEEDS DISBURSEMENT 153427 INDIRECT LENDING FUNDING ACCOUNT 225060 TOTAL CLEARING ACCOUNTS 127025 140683512 1 TEACHER GRANT PROGRAM 81 29596 TEACHER OF THE YEAR EVENT 19 950 Part I, Line 2: Grant recipients are chosen by a committee based on the information provided by the applicant including: reason for the project, clearly stated goals, impact and longevity of funds, and credit union membership. Decision of the committee will be final X 0 0 0 CINDY WHITE PRESIDENT / CEO 178520 0 49927 0 127802 0 4324 0 0 0 360573 0 0 0 TRENT VAUGHN SENIOR VICE PRESIDENT OF M 131870 0 39942 0 39294 0 5185 0 5640 0 221931 0 0 0 STEVEN ALLEN BOARD MEMBER OTHER X 40109 31621 0 1 1 MICHAEL OSSENKOP BOARD MEMBER CAR X 23138 8415 0 1 1 MICHAEL OSSENKOP BOARD MEMBER CAR X 30127 28322 0 1 1 JAMES HARROD BOARD MEMBER CAR X 73775 15015 0 1 1 83373 Form 990, Part VI, Section A, line 6 THE ORGANIZATION HAS ONLY ONE CLASS OF MEMBERS AND NO STOCKHOLDERS. Form 990, Part VI, Section A, line 7a MEMBER ELECTION Form 990, Part VI, Section B, line 11b DETERMINED BY BOARD OF DIRECTORS Form 990, Part VI, Section C, line 19 DOCUMENTS PROVIDED UPON REQUEST Part XII, Line 2a Per section 715.7 of the National Credit Union Administration, A credit union which is not required to obtain a financial statement audit may fulfill its supervisory committee responsibility by obtaining an Other Supervisory Committee Audit. Oklahoma Educators Credit Union fulfills this obligation by obtaining a Supervisory Committee Annual Review by a third-party. Part XII, Line 2c NO CHANGE IN PROCESS FROM PRIOR YEAR. Part IX, Line 24 Oklahoma Educators Credit Union purchased a property for use as their future corporate headquarters. A suspense liability was established for the future purchase of furniture, equipment and computers. To establish the suspense liability account, an expense category of office equipment was established and appears as an other expense on Part IX, Line 24 of the 990. EDUCATORS INSURANCE AGENCY LLC 4001 NW EXPRESSWAY OKLAHOMA CITY OK 73116 831564067 To sell property and casualty insurance products to members of OECU. OK OKLAHOMA EDUCATORS CREDIT UNION C -6322 36318 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EDUCATORS INSURANCE AGENCY LLC D 15000 ACTUAL AMOUNT