2018-07-11T14:19:38-05:00 2017-12-31 461498870 BARFIELD MURPHY SHANK & SMITH LLC 4245 BALMORAL DRIVE SUITE 303 HUNTSVILLE AL 35801 990 2017-01-01 630346919 FORT MCCLELLAN CREDIT UNION FORT 2562372113 1010 GOLDEN SPRINGS ROAD ANNISTON AL 36207 KEVIN FORD CEO 2562378402 2018-06-04 1 CYNTHIA A HUDSON CPA P00029332 2059825500 2018-06-04 2017 2022-09-23 18:48:47Z X KEVIN FORD 1010 GOLDEN SPRINGS ROAD ANNISTON AL 36207 8200335 0 X WWW.FORTMCCLELLANCU.ORG X 1953 AL TO PROVIDE THRIFT OPPORTUNITIES AND LOW COST LOANS TO MEMBERS. 9 9 60 12 9800 0 0 0 5032506 5183638 988547 1329329 1559754 1592063 7580807 8105030 0 0 0 0 1883374 1947805 0 0 0 4206766 4377560 6090140 6325365 1490667 1779665 228709727 231725638 198911955 200145680 29797772 31579958 X THE FORT MCCLELLAN CREDIT UNION IS A MEMBER OWNED AND CONTROLLED FINANCIAL INSTITUTION WHOSE PURPOSE IS TO MAXIMIZE MEMBER BENEFITS BY PROVIDING COST EFFECTIVE FINANCIAL SERVICES TO MEET THEIR NEEDS; TO ENDEAVOR TO EXPAND BOTH MEMBERSHIP AND SERVICES WHILE MAINTAINING FINANCIAL SOUNDNESS; AND TO PROMOTE THE PRINCIPLES OF THE CREDIT UNION MOVEMENT AT FORT MCCLELLAN AND THE SURROUNDING COMMUNITY. 0 0 24,257 MEMBERS SERVED TO PROMOTE THRIFT OPPORTUNITIES AND LOW COST LOANS 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3812 0 1 60 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 X KEVIN FORD CEO 2562372113 1010 GOLDEN SPRINGS ROAD ANNISTON AL 36207 ROBERT DAVID DOYLE DIRECTOR 2.50 X 0 0 0 ELMER WHEATLEY JR TREASURER 2.50 X 0 0 0 SYBIL BORDEN DIRECTOR 2.50 X 0 0 0 JOSEPH ROBERSON CHAIRMAN 2.50 X 0 0 0 NORMAN COLE 1ST VICE CHAIRMAN 2.50 X 0 0 0 RICHARD PATTY DIRECTOR 2.50 X 0 0 0 PENN WILSON SECRETARY 2.50 X 0 0 0 HERSCHEL HARRIS DIRECTOR 2.50 X 0 0 0 SCOTT BOLTON DIRECTOR 2.50 X 0 0 0 SUSAN WALL NON-VOTING ASSOC. DIRECTOR 2.50 X 0 0 0 LYNDA DAVIS COO 45.00 X 151273 0 6832 KEVIN FORD CEO 50.00 X 148577 0 8272 299850 0 15104 2 0 1 0 FISERV PO BOX 300016 DULUTH GA 300960300 ATM, CARD, & STMT PROCESSING 650045 1 LOAN INTEREST INCOME 522130 5183638 5183638 5183638 1349634 1349634 22823 22823 75000 95305 -20305 -20305 -20305 ACCOUNT, LOAN AND INTERCHANGE FEE 522130 1468556 1468556 OTHER INCOME 522130 90884 90884 INSURANCE FEES 524298 9800 9800 1569240 8105030 6743078 9800 1352152 314954 1352970 9650 143796 126435 20851 40508 199088 140680 217038 201234 5804 26244 1281096 216948 BAD DEBTS 611000 ATM EXPENSE 448311 CHECK AND LOAN SERVICIN 392017 MISCELLANEOUS 352143 224598 6325365 1949557 2567661 112518080 101248893 97861601 106378986 203287 260666 11510312 1610822 6029292 9899490 855533 173691 138816 9974219 10375593 228709727 231725638 520667 463633 198391288 199682047 198911955 200145680 X 0 0 0 0 29797772 31579958 29797772 31579958 228709727 231725638 1779665 2521 0 X X 0 0 0 1740711 1740711 8916607 1151564 7765043 852994 459258 393736 9899490 SHARE DEPOSITS 199184352 OTHER LIABILITIES 497695 199682047 X X X X 0 0 0 LYNDA DAVIS COO 151273 0 0 0 0 0 0 0 6832 0 158105 0 0 0 KEVIN FORD CEO 148577 0 0 0 0 0 0 0 8272 0 156849 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 FORT MCCELLAN CREDIT UNION IS A NON-PROFIT FINANCIAL INSTITUTION THAT IS OWNED AND OPERATED BY ITS MEMBERS. IN ORDER TO BECOME A MEMBER OF THE CREDIT UNION, AN INDIVIDUAL MUST LIVE, WORK, OR ATTEND SCHOOL IN CALHOUN, CLEBURNE, TALLADEGA, CLAY, RANDOLPH, CHEROKEE, ETOWAH, ST. CLAIR AND CHAMBERS COUNTIES IN THE STATE OF ALABAMA. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION ELECT MEMBERS OF THE GOVERNING BODY BY PLURALITY VOTE AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B THE CREDIT UNION DOES NOT HAVE COMMITTEES WITH THE RESPONSIBILITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE CREDIT UNION'S FORM 990, THE RETURN IS PRESENTED TO THE BOARD AT A BOARD OF DIRECTORS MEETING. AT THE MEETING, THE BOARD MEMBERS REVIEW THE TAX RETURN AND ARE FREE TO ASK ANY QUESTIONS OR ENGAGE IN DISCUSSION REGARDING ANY TOPIC COVERED IN THE RETURN. ONCE THE GOVERNING BODY HAS REVIEWED AND APPROVED THE FORM 990, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CREDIT UNION STAFF REVIEW THE CONFLICT OF INTEREST POLICY EACH YEAR WITH THE CREDIT UNION'S MANAGER. AT THIS MEETING, THE STAFF MEMBERS ARE FREE TO ASK ANY QUESTIONS REGARDING THIS POLICY. THE CREDIT UNION MANAGER CONSTANTLY MONITORS THE STAFF TO MAKE SURE EVERYONE IS IN COMPLIANCE WITH THE POLICY. IT IS THE RESPONSIBILITY OF STAFF OR DIRECTORS TO IMMEDIATELY NOTIFY THE CREDIT UNION MANAGERS OF ANY POTENTIAL CONFLICT OF INTEREST. ADDITIONALLY, THE FORT MCCLELLAN CREDIT UNION DOES NOT HIRE FAMILY MEMBERS FOR WORK DONE AT THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS DETERMINED ON A YEARLY BASIS. BEFORE COMPENSATION IS SET, A PERSONNEL COMMITTEE EXAMINES THE TYPE AND AMOUNT OF WORK PERFORMED BY THE CEO WHILE TAKING INTO ACCOUNT THE CREDIT UNION'S PRIOR YEAR INCOME. THE COMMITTEE USES NATIONAL PEER GROUP SALARY GUIDES PROVIDED BY CUNA AS AN INDEPENDENT SALARY GUIDE. THE PERSONNEL COMMITTEE THEN PRESENTS THE SALARY TO THE BOARD OF DIRECTORS FOR APPROVAL. ALL OTHER SALARIES ARE SET BY THE CEO, PENDING BOARD APPROVAL, BASED UPON THE CUNA SALARY GUIDE. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES AVAILABLE ITS FINANCIAL STATEMENTS VIA THE NCUA WEBSITE WHICH CAN BE FOUND AT WWW.NCUA.GOV. OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2: ON A YEARLY BASIS, THE NATIONAL CREDIT UNION ADMINISTRATION AND THE ALABAMA CREDIT UNION ADMINISTRATION EXAMINE THE FINANCIAL STATEMENTS OF THE CREDIT UNION. ADDITIONALLY, THE LEAGUE OF SOUTHEASTERN CREDIT UNIONS PERFORMS SIMILAR PROCEDURES AND REVIEW OF THE CREDIT UNION'S FINANCIAL STATEMENTS QUARTERLY. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION FORT MCCLELLAN CREDIT UNION 1731 NOBLE STREET ANNISTON, AL 36201 EMPLOYER IDENTIFICATION NUMBER: 63-0346919 FOR YEAR ENDING DECEMBER 31, 2017 FORT MCCLELLAN CREDIT UNION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). SECTION 1.263(A)-3(N) ELECTION FORT MCCLELLAN CREDIT UNION 1731 NOBLE STREET ANNISTON, AL 36201 EMPLOYER IDENTIFICATION NUMBER: 63-0346919 FOR YEAR ENDING DECEMBER 31, 2017 FORT MCCLELLAN CREDIT UNION IS MAKING THE ELECTION TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N).