2018-11-09T15:04:24-05:00 2017-12-31 472604526 GARVEY STEELE & COMPANY LLP PO BOX 397 MYSTIC CT 063550397 990 2017-01-01 041103180 CITY OF BOSTON CREDIT UNION CITY 6176352471 1 UNION STREET - 3RD FLOOR BOSTON MA 02108 ANDREW BROWN VP OF FINANCE 6176354545 2018-11-07 true MICHAEL R GARVEY CPA P00264137 8605369831 2018-11-07 23.30.174.89 2018-11-09 14:04:24 CS P 97DB9962C47C60A4FA4E0617B85582D50FB1056D 5B5CA7FD07B7338219B8C37395F5B6EA9C1C510F 2017 2019-02-21 02:37:17Z DANIEL E WALTZ 1 UNION ST - 3RD FLOOR BOSTON MA 02108 19265142 false X WWW.CITYOFBOSTONCU.COM X 1915 MA CREDIT UNION - THRIFT SERVICES 14 10 89 10 58941 -472854 0 15328625 16872415 647728 781231 1613416 1611496 17589769 19265142 15000 15000 0 5720806 7073125 0 0 10637813 11368650 16373619 18456775 1216150 808367 366384141 384042337 319791155 336818598 46592986 47223739 X CREDIT UNION - THRIFT SERVICES false false MAINTENANCE OF MEMBERS' SHARE ACCOUNTS AND THE INVESTMENT OF SUCH FUNDS. NUMBER OF SHARE ACCOUNTS 51,914. MAINTENANCE OF MEMBERS' LOAN ACCOUNTS. NUMBER OF LOAN ACCOUNTS 12,643. EXPENSES APPLIED AGAINST NON MEMBER ATM FEE INCOME. false false false false false false false true false true false false false true false true false false false false false false false false false false false true true false true false false false false false false false false false false false false true 11727 0 true 89 true true true false false false false false X 14 10 false false false false true true false true true false true true true true true true true false true true false X X ANDREW BROWN 6176352471 1 UNION ST - 3RD FLOOR BOSTON MA 02108 JAMES DRISCOLL DIRECTOR/TRE 5.00 X X 12222 0 0 COLEMAN FLAHERTY SECRETARY 5.00 X X 9922 0 0 TIMOTHY SMYTH CHAIRPERSON 5.00 X X 9781 0 0 STEPHEN GREEN DIRECTOR/PRE 5.00 X X 5427 0 0 CHRISTOPHER STOCKBRIDGE DIRECTOR 5.00 X 5090 0 0 SUSAN CONNOLLY DIRECTOR 5.00 X 2373 0 0 KEVIIN LINSKEY 2ND VICE PRE 5.00 X X 1891 0 0 MATTHEW MORONEY DIRECTOR 5.00 X 1884 0 0 MARK BERNARD DIRECTOR 5.00 X 1473 0 0 NEIL MCGONAGLE DIRECTOR 5.00 X 1159 0 0 CECIL JONES DIRECTOR 5.00 X 494 0 0 THOMAS TINLIN VICE CHAIRPE 5.00 X X 255 0 0 BRIAN GILL DIRECTOR 5.00 X 225 0 0 GREGORY ROONEY DIRECTOR 5.00 X 90 0 0 DANIEL E WALTZ CEO- PRESENT 40.00 X 233477 0 31316 CATHERINE MULLEN VP OF MEMBER 40.00 X 142753 0 38416 ROBERT MCCAULEY VP OF LENDIN 40.00 X 138019 0 38242 ANDREW BROWN VP OF FINANC 40.00 X 136059 0 30818 KARLA MCCARRON VP OF MARKET 40.00 X 112751 0 37815 DANIEL TROMBLEY CEO(JAN-APRI 40.00 X 718513 0 37238 1533858 213845 6 true true false CONNECTICUT ONLINE CONNECTICUT ONLINE 135 DARLING DR 135 DARLING DR AVON CT 06001 DATA PROCESSOR 1582768 NES GROUP NES GROUP 905 SOUTH MAIN STREET 905 SOUTH MAIN STREET MANSFIELD MA 02048 PROJECT MGMT 1377946 BLUE CROSS BLUE SHIELD BLUE CROSS BLUE SHIELD BOX 371318 BOX 371318 PITTSBURGH PA 15250 HEALTH INS 900647 CLEAR CHANNEL OUTDOOR CLEAR CHANNEL OUTDOOR PO BOX 402379 PO BOX 402379 ATLANTA GA 30384 ADVERTISING 235385 ONE UNION STREET LIMITED PARTNERSHIP ONE UNION STREET LIMITED PARTNERSHIP OLD CITY HALL OLD CITY HALL PORTSMOUTH NH 03801 RENT 233843 11 INTEREST ON LOANS 16254493 16254493 OTHER INCOME 259484 259484 GAIN ON SALE OF ASSETS 198909 198909 RENTAL INCOME 157858 157858 GAIN ON SALE OF INVESTMENT 1671 1671 16872415 781231 781231 MEMBER SERVICE FEES 522100 1552555 1552555 NON MEMBER ATM INCOME 522100 58941 58941 1611496 19265142 19206201 58941 15000 991952 755751 3737111 316951 886825 384535 1556314 541544 1551251 889097 150243 2339868 408442 104318 ATM EXPENSE - NON MEMBER 531795 PROVISION FOR LOAN LOSSES 1566277 PROFESSIONAL FEES 422171 LOAN SERVICING 377021 930309 18456775 0 0 0 1512888 22838082 26432440 14418000 2041119 2105773 292621018 302678818 264547 266224 7451485 3057837 3264295 4393648 33814843 29917537 2144200 2666200 4288791 4758055 366384141 384042337 853523 1514968 507267 129230 35000000 40000000 283430365 295174400 319791155 336818598 X 46592986 47223739 46592986 47223739 366384141 384042337 808367 -177614 X false true X true false false true X 1229363 1229363 1949316 1132688 816628 3308332 1299129 2009203 964474 626020 338454 4393648 MEMBERS' SHARE & SAVINGS ACCOUNTS 295174400 295174400 19265142 19265142 19265142 18456775 18456775 18456775 SCHEDULE D, PAGE 2, PART IV, LINE 2B MORTGAGE ESCROW ACCOUNTS HELD FOR THE PAYMENT OF REAL ESTATE TAXES DUE TO MUNICIPALITIES. false SCHOLARSHIPS 15 15000 X true true X X X false false false DANIEL E WALTZ CEO- PRESENT 230416 3061 24000 7316 264793 CATHERINE MULLEN VP OF MEMBER SERVICE 141732 1021 17500 20916 181169 ROBERT MCCAULEY VP OF LENDING 135279 2740 17500 20742 176261 ANDREW BROWN VP OF FINANCE 135065 994 17500 13318 166877 KARLA MCCARRON VP OF MARKETING 111962 789 17500 20315 150566 DANIEL TROMBLEY CEO(JAN-APRIL) 716862 1651 24000 13238 755751 LOANS TO OFFICERS DIRECTORS OFFICERS & DIRECTORS X 2398571 2105773 false true true 2105773 FORM 990, PAGE 2, PART III, LINE 4D EXPENSES APPLIED AGAINST NON MEMBER ATM FEE INCOME. FORM 990, PAGE 6, PART VI, LINE 6 PERSONS WHO MEET THE REQUIREMENTS OF THE ORGANIZATIONS FIELD OF MEMBERSHIP WHO HOLD AT LEAST ONE SHARE OF 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 11B THE VP OF FINANCE REVIEWS THE RETURN PRIOR TO FILING FOR COMPLETENESS AND ACCURACY AND PRESENTS THE FORM 990 TO THE AUDIT COMMITTEE AND CEO. FORM 990, PAGE 6, PART VI, LINE 12C BY COMMITTEE FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION COMMITTEE REVIEWS AND APPROVES ALL PHASES OF COMPENSATION. COMPENSATION COMMITTEE COMPRIE OF MEMBERS OF THE BOARD OF DIRECTORS. INDUSTRY SURVEYS ARE UTILIZED TO AID IN DETERMINING APPROPRIATE SALARY RECOMMENDATIONS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION COMMITTEE REVIEWS AND APPROVES ALL PHASES OF COMPENSATION. COMPENSATION COMMITTEE COMPRIE OF MEMBERS OF THE BOARD OF DIRECTORS. INDUSTRY SURVEYS ARE UTILIZED TO AID IN DETERMINING APPROPRIATE SALARY RECOMMENDATIONS. FORM 990, PAGE 6, PART VI, LINE 19 A FINANCIAL STATEMENT SUMMARY IS POSTED IN THE VESTIBULE AREA AT ALL BRANCHES. OTHER INFORMATION IS AVAILABLE UPON REQUEST.