2018-11-15T21:28:51-05:00 2017-12-31 261694946 SCHWARTZ COLE AND ASSOCIATES LLC 11776 W SAMPLE RD STE 106 CORAL SPRINGS FL 330653180 990 2017-01-01 590626648 INSIGHT CREDIT UNION INSI 4076592740 P O BOX 4900 ORLANDO FL 32082 GEORGE DAVIS CEO 4076592740 2018-11-15 true DANIEL J COLE P00055998 9547551760 2018-11-15 167.68.16.49 2018-11-15 20:28:51 CS P 08BD273990EA01E5E38543C8FC488B7685EB5954 A42E0CF4B0CFABFAFDAD50D00CF409967B1ADB50 2017 2019-02-21 02:37:17Z CO DANIEL COLE CPA GEORGE DAVIS PO BOX 4900 ORLANDO FL 32082 27909363 false X WWW.INSIGHTFINANCIALCU.COM X 1935 FL INSIGHT FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBER; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. 8 8 245 54024 -120905 0 25163872 25025455 2015600 2813689 0 27179472 27839144 0 0 10176781 10180185 0 0 18519883 16939385 28696664 27119570 -1517192 719574 562292468 562818449 512960885 511978290 49331583 50840159 INSIGHT FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBER; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. false false INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS. FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUSE, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS. false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false true false false true 11093 0 true 245 true true true false false false false false X 8 8 false false false false true true true true true false true true false true true true true true true true false X CARLENE MULLIN 4076592740 PO BOX 4900 ORLANDO FL 32802 KAREN JOHNSON DIRECTOR 5.00 X 0 0 0 SUSAN STUCKER DIRECTOR X 0 0 0 NORMA HORTON DIRECTOR X 0 0 0 DANNY GRANT TREASURER 5.00 X X 0 0 0 A FLOYD BRADLEY DIRECTOR 5.00 X 0 0 0 LINDA SHORT 2ND CHAIRMAN 5.00 X 0 0 0 STEPHEN HOELTKE DIRECTOR 5.00 X X 0 0 0 CHARLES ARNETT CHAIRMAN 5.00 X X 0 0 0 MARK ZICKEFOOSE 1ST CHAIRMAN 5.00 X 0 0 0 ARTHUR BRADLEY DIRECTOR 5.00 X 0 0 0 DEBORAH COLLINS SECRETARY 5.00 X 0 0 0 LAUREN JOSEPH SVP OPERATIO 45.00 X 139958 0 7105 WEGNER MICHAEL CPA/CFO 45.00 X 119383 0 7122 GEORGE DAVIS CEO 45.00 X 366081 0 11929 CYNTHIA JONES VP OF COMM & 45.00 X 122900 0 11998 JODI PETRZALA VP OF CONSUM 45.00 X 114460 0 11385 JESSE DEAN VP OF COMP & 45.00 X 105243 0 7828 968025 57367 6 false true false FISERVE 75 REMITTANCE DR SUITE 6959 CHICAGO IL 60675 DATA PROC. 1028038 EVOLVEIP PO BOX 1023 SOUTHEASTERN PA 193981023 CLOUD SERVICES 699184 AT&T PO BOX 5019 CAROL STREAM IL 601975019 COMMUNITCATIONS 525476 CUBUS SOLUTIONS 3049 -A INDEPENDENCE DR LIVERMORE CA 94551 ON LINE BANKING 331582 TRUHOME SOULUTIONS 9601 LEGLER RD LENEXA KS 66219 MRTG. SERVICES 320227 19 INTEREST ON LOANS 14034381 14034381 MISC OPERATING INCOME 5025614 5025614 FEE INCOME 3756699 3756699 OTHER OPERATING INCOME 2154737 2154737 NON-MEMBER ATM FEES 525990 54024 54024 25025455 2552535 2552535 331373 70219 261154 261154 261154 27839144 27785120 54024 651577 651577 7519108 7519108 2009500 2009500 2426535 2426535 120702 120702 882936 882936 PROVISION FOR LOAN LOSSES 4141956 4141956 PROFESSIONAL FEES 3306125 3306125 OFFICE OPERATIONS 2735973 2735973 LOAN SERVICING EXP 2083185 2083185 1241973 1241973 27119570 27119570 0 0 4117428 3914212 73800302 84280492 349723313 338260723 20615843 7148103 18450856 13467740 105839531 104156023 10361038 18739259 562292468 562818449 5601156 4630030 507359729 507348260 512960885 511978290 X 49331583 50840159 49331583 50840159 562292468 562818449 X 719574 789002 X false true X true false 4218465 4218465 10096721 2700121 7396600 234329 145521 88808 5827872 4302461 1525411 13229284 MEMBER SHARE ACCOUNTS 507348260 507348260 X true true X X false false false GEORGE DAVIS CEO 366081 11929 378010 FORM 990 THE CREDIT UNION DOES OFFER DISCOUNTED LOANS TO EMPLOYEES. UPON COMPLETION AN EMPLOYEES PROBATIONARY 90 DAY PERIOD, THEY CAN RECEIVE A 1% DISCOUNTED LOAN RATE OFF OF PREVAILING MARKET INTEREST RATES ON ALL MORTGAGE AND CONSUMER LOANS. UPON TERMINATION/RESIGNATION THE LOAN REVERTS TO NORMAL MARKET RATES WITHOUT THE DISCOUNT. FORM 990, PAGE 6, PART VI, LINE 6 CREDIT UNION HAS MEMBERS. MEMBERSHIP IS AVAILABLE TO ANYONE THAT MEETS THE FIELD OF MEMBERSHIP QUALIFICATIONS PER THE GOVERNING DOCUMENTS. FORM 990, PAGE 6, PART VI, LINE 7A YES- THE CREDIT UNION'S BOARD OF DIRECTORS ARE ELECTED BY MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7B YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B BOARD OF DIRECTORS REVIEWS FORM 990 AT REGULARLY SCHEDULED MEETING. FORM 990, PAGE 6, PART VI, LINE 12C YES, A CONFLICTS OF INTEREST POLICY IS ACTIVELY ENFORCED. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR CEO, DIRECTORS, AND TOP MANAGEMENT OFFICIALS IS SUBJECT TO REVIEW AND APPROVAL BY BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B YES, OTHER OFFICERS AND KEY EMPLOYEES COMPENSATION IS SUBJECT TO REVIEW BY CEO WITHIN GUIDELINES APPROVED BY BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 BYLAWS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO ALL MEMBERS UPON REQUEST. FINANCIAL INFORMATION IS AVAILABLE TO THE PUBLIC FROM NCUA. FORM 990, PART XI THE ADJUSTMENT TO NET EQUITY WAS FROM FASB 115 ADJUSTMENTS TO UNREALIZED GAINS AND LOSSES OF SECURITIES HELD BY THE CREDIT UNION FORM 990, PART XI, LINE 9 UNREALIZED GAINS 759,593 OTHER COMPREHENSIVE INCOME 29,409 TOTAL 789,002 INSIGHT INSURANCE SERVICES CORP PO BOX 4900 ORLANDO FL 328024900 593229445 INSURANCE N/A C CORP 12031 71964 false false false false false false false false false false false false false false false false false false false false