2019-05-16T13:34:09-07:00 2018-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2018-01-01 381395220 FINANCIALEDGE COMMUNITY CREDIT UNION FINA 9898926088 1199 S Euclid Ave Bay City MI 48706 Jeremy Coberley CEO 2019-05-16 true Robert Draeger P01331632 8005225820 2018 2019-02-21 02:37:17Z Jeremy Coberley 1199 S Euclid Ave Bay City MI 48706 5742700 false false X WWW.FINEDGECU.ORG X 1950 MI To provide financial services to member owners with a common bond. 8 8 41 10 27928 -18946 0 4669159 4796969 379682 508865 0 5048841 5305834 0 0 1929724 1918325 0 0 2455433 2697435 4385157 4615760 663684 690074 92466467 90933155 82860238 80748923 9606229 10184232 FINANCIALEDGE is committed to providing exceptional service. We value members' financial well-being and strive to help them achieve their financial goals. We combine personal service with modern technology; continuously providing members with more convenient ways to handle their finances. false false The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2018 was 8,824. The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2018 was 5,314. Offer automated teller machines, debit cards money orders, bill pay, and various insurance programs. false false false false false false false false false true true false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 2407 0 true 41 true true true false false false false false false false false false false false false X 8 8 true false false false true true true true true false false false true true true false false true true false X Jeremy Coberley 9898926088 1199 S Euclid Ave Bay City MI 48706 Kay Wagner Secretary/Treas 1.00 0.00 X 0 0 0 Jill Beisel Director 1.00 0.00 X 0 0 0 Norma Felker Chairperson 1.00 0.00 X 0 0 0 Judy Skornia Director 1.00 0.00 X 0 0 0 Gary Keipert Director 1.00 0.00 X 0 0 0 Jon Morse Vice Chair 1.00 0.00 X 0 0 0 William Keipert Director 1.00 0.00 X 0 0 0 Michelle Richardson Director 1.00 0.00 X 0 0 0 Jeremy Coberley CEO 40.00 0.00 X 166300 0 34282 166300 34282 1 false true false Fiserv 75 Remittance Dr Dept 1649 Chicago IL 60675 148757 Share One 2650 Thousand Oaks Business Center Memphis TN 38118 123868 Co-Op 9692 Haven Ave Rancho Cucamonga CA 91730 142332 3 0 FEE AND OTHER INCOME 522100 1543883 1543883 LOAN INTEREST INCOME 522100 3225158 3225158 NON-MEMBER ATM INCOME 900099 9754 9754 NON-MEMBER INSURANCE INCO 524298 15164 15164 OTHER NON-MBR OR NON CU A 525990 3010 3010 4796969 475731 475731 0 0 0 470000 436866 33134 33134 33134 0 0 0 0 5305834 5277906 27928 X 0 0 0 0 200582 0 1329223 0 388520 0 0 0 0 0 0 0 852795 125316 201249 0 0 320707 0 0 57243 237047 0 299602 0 Loan Servicing Expense 315000 Provision for Loan Losses 232350 Miscellaneous Operating Exp 32218 Bank Examination Fees 23908 0 4615760 0 0 0 999187 1134314 81859 12375727 0 0 0 0 60825100 64491110 0 134762 0 3584301 3739560 3584301 0 18348046 8027132 7110691 0 0 1227262 1320571 92466467 90933155 978282 941585 81881956 79807338 82860238 80748923 X 9606229 10184232 9606229 10184232 92466467 90933155 690074 -112071 X false true X true false 319039 319039 2591762 2591762 673500 673500 3584301 8027132 Member Shares & Deposits 79807338 79807338 5305834 5305834 5305834 4615760 4615760 4615760 false false false Jeremy Coberley CEO 145279 17321 3700 19213 15069 200582 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Board members William and Gary Keipert are brothers. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Section 501c(14) Credit Union is composed of members. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Mergers are voted on by entire membership. Form 990, Part VI, Line 11b: Form 990 Review Process Management reviews tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Employees loans including management and the Board are approved by a member elected Credit Committee. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Credit union bylaws and conflict of interest policy are available upon request at the credit union's main office. Quarterly financial statements are displayed in the lobby which is accessible to the general public. Quarterly financial performance (Call) reports are also available at www.ncua.gov for all federally insured credit unions