2018-11-14T12:31:17-05:00 2017-12-31 472604526 GARVEY STEELE & COMPANY LLP PO BOX 397 MYSTIC CT 063550397 990 2017-01-01 041126132 BROTHERHOOD CREDIT UNION BROT 7815985555 75 MARKET STREET LYNN MA 01901 JAMES J SHERMAN PRESIDENT 7815985555 2018-11-09 true MICHAEL R GARVEY CPA P00264137 8605369831 2018-11-12 23.30.174.89 2018-11-14 11:31:17 CS P 97DB9962C47C60A4FA4E0617B85582D50FB1056D 5B5CA7FD07B7338219B8C37395F5B6EA9C1C510F 2017 2019-02-21 02:37:17Z JAMES J SHERMAN 75 MARKET STREET LYNN MA 01901 2848362 false X BROTHERHOODCU.ORG X 1934 MA CREDIT UNION MEMBER SERVICES 9 8 19 8 10130 -1642 0 1597453 1588144 1051246 1067932 194757 191591 2843456 2847667 2500 2500 0 1403804 1343014 0 0 1407140 1430459 2813444 2775973 30012 71694 110061049 109819786 68238377 65846111 41822672 43973675 CREDIT UNION MEMBER SERVICES false false MAINTENANCE OF MEMBERS' ACCOUNTS AND THE PAYMENT OF INTEREST AND DIVIDENDS THEREON. NUMBER OF DEPOSIT ACCOUNTS IS 7,096. NUMBER OF LOAN ACCOUNTS IS 1,095. false false false false false false false true false true false false false true false false false false false false false false false false false false false false true false true false false false false false false false false false false false false true 1165 0 true 19 true true true false false false false false X 9 8 true false false false true true true true true false true true false false false false true true false MA X X JAMES J SHERMAN 7815985555 75 MARKET STREET LYNN MA 01901 JAMES J SHERMAN PRESIDENT 40.00 X X 184355 0 31207 DARREN KLEIN DIRECTOR 2.00 X 0 0 0 EDWARD I SHADOFF DIRECTOR 2.00 X 0 0 0 HOWARD FIELD DIRECTOR 2.00 X 0 0 0 ALAN KALIKOW DIRECTOR 2.00 X 0 0 0 HUBERT KREPLICK CLERK 2.00 X X 0 0 0 MARTIN SHUMAN TREASURER 2.00 X X 0 0 0 MICHAEL COHEN DIRECTOR 2.00 X 0 0 0 RICHARD KESSEL DIRECTOR 2.00 X 0 0 0 184355 31207 1 false true false FISERV INC 255 FISERV DRIVE BROOKFIELD WI 53045 IT 245490 1 INTEREST ON LOANS 1588144 1588144 1588144 1011411 1011411 57216 695 56521 56521 56521 MISCELLANEOUS 116276 116276 SERVICE CHARES AND FEES 54754 54754 MEMBER INSURANCE 10431 10431 10130 10130 191591 2847667 2837537 10130 2500 215562 814982 115759 119226 77485 4021 23792 77019 53586 308213 154223 34459 371847 64257 43731 ELAN EXPENSE 55662 SHARE DRAFT PROCESSING 51641 PROFESSIONAL SERVICES 35703 MAINTENANCE 32541 119764 2775973 0 0 0 5551234 2908708 38040087 38601384 408011 393487 44237572 42909567 64424 21176 2574842 1749536 815323 825306 19868370 23047294 164000 164000 912028 948864 110061049 109819786 70158 105683 366292 344838 67801927 65395590 68238377 65846111 X 41822672 43973675 41822672 43973675 110061049 109819786 71694 2079309 X false false false false true X 49000 49000 1829568 1129355 700213 99105 99105 42221 36450 5771 554948 484626 70322 825306 MEMBER DEPOSIT ACCOUNTS 65327516 OTHER LIABILITIES-SUSPENSE ACCOUNTS 68074 65395590 SCHEDULE D, PAGE 2, PART IV, LINE 2B MORTGAGE ESCROW ACCOUNTS HELD FOR THE PAYMENT OF REAL ESTATE TAXES FOR MUNICIPALITIES. X true true X X X false false false JAMES J SHERMAN PRESIDENT 180102 4253 27038 4169 215562 ADAM H SHERMAN CFO FIRST MORTGAGE X 390000 381880 false true true HOWARD FIELD DIRECTOR AUTO X 15025 11607 false true true 393487 FORM 990, PAGE 1, PART I, LINE 6 BOARD OF DIRECTORS WHO ARE VOLUNTEERS AND RECEIVE NO COMPENSATION FOR THEIR SERVICES. FORM 990, PAGE 6, PART VI, LINE 2 JAMES J. SHERMAN HUBERT KREPLICK PRESIDENT DIRECTOR BROTHER IN LAW DARREN KLEIN HUBERT KREPLICK DIRECTOR DIRECTOR SON IN LAW DARREN KLEIN JAMES J. SHERMAN DIRECTOR PRESIDENT NEPHEW ADAM H. SHERMAN JAMES J. SHERMAN CFO PRESIDENT SON ADAM H. SHERMAN HUBERT KREPLICK CFO DIRECTOR NEPHEW FORM 990, PAGE 6, PART VI, LINE 6 PERSONS WHO MEET THE REQUIREMENTS OF THE ORGANIZATIONS'S FIELD OF MEMBERSHIP WHO HOLD AT LEAST ONE SHARE OF THE CAPITAL. FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER HAS A VOTE AT THE ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B ANY CHANGES TO THE INCORPORATING DOCUMENTS, I.E. BYLAWS ARE APPROVED BY THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 AND 990T ARE REVIEWED BY THE PRESIDENT, TREASURER, AND AUDIT COMMITTEE FIRST. THE BOARD THEN REVIEWS AND VOTES TO ACCEPT. DUE TO THE TIMING OF THE PREPARATION OF THE RETURN, THE REVIEW MAY BE AFTER THE RETURN IS FILED. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO/TOP MANAGEMENT IS APPROVED BY THE BOARD. ANY INCREASE IS NOTED IN THE MINUTES. A COMPARISON OF THE INDUSTRY IS PERFORMED. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR THE CEO/TOP MANAGEMENT IS APPROVED BY THE BOARD. ANY INCREASE IS NOTED IN THE MINUTES. A COMPARISON OF THE INDUSTRY IS PERFORMED. FORM 990, PAGE 6, PART VI, LINE 19 INFORMATION IS POSTED IN THE CREDIT UNION LOBBY AND AVAILABLE UPON REQUEST.