2017-11-02T15:26:17-05:00 2016-12-31 990 2016-01-01 416036331 EATON EMPLOYEES CREDIT UNION EATO 9529377175 14900 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344 LAURA CUNNINGHAM PRESIDENT/CEO 9529377175 2017-10-31 PETER RASMUSSEN P01888997 2017-11-02 4C5A70F7A5FDA4811252E2883A9E531D3168B42F 9BC338CFDC890234D28751759F3912E6BC56CABB 2016 2021-01-29 14:40:06Z LAURA CUNNINGHAM 14900 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344 194309 false X WWW.EATONCU.COM X 1949 MN MEET OUR MEMBERS' NEEDS BY PROVIDING SERVICE WITH A PERSONAL TOUCH, CULTIVATING CLOSE RELATIONSHIPS, OFFERING FINANCIAL GUIDANCE, AND SAFEGUARDING OUR MEMBERS' ASSETS. 5 4 2 1380 -992 0 233270 191467 1122 1998 1121 844 235513 194309 0 0 87739 60379 0 0 163491 113445 251230 173824 -15717 20485 2887583 2442712 2621621 2156265 265962 286447 MEET OUR MEMBERS' NEEDS BY PROVIDING SERVICE WITH A PERSONAL TOUCH, CULTIVATING CLOSE RELATIONSHIPS, OFFERING FINANCIAL GUIDANCE, AND SAFEGUARDING OUR MEMBERS' ASSETS. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 8 NEW DEPOSIT ACCOUNTS IN 2016. AS OF 12/31/16 WE HAD 396 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 83 NEW LOANS TO OUR MEMBERS DURING 2016. AS OF 12/31/16 WE HAD 272 LOANS TO OUR MEMBERS. . false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 62 0 true 2 true true true false false false false false X 5 4 false false false false true true true true true false false false true false true false true true false false X LAURA CUNNINGHAM 9529377175 14900 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344 STEVE ZUMBUSCH CHAIRMAN 0.50 X X 0 0 0 LON STUTLEBERG VICE CHAIR 0.25 X X 0 0 0 ANN HEALY-ALLEN TREASURER 0.25 X X 0 0 0 DAVID ROHDE SECRETARY / 10.00 X X 9480 0 0 DAVID LUNDQUIST DIRECTOR 0.25 X 0 0 0 LAURA CUNNINGHAM PRESIDENT/CE 40.00 X 36140 0 0 THERESA BLAGEO PRES-PARTIAL 40.00 X 8365 0 2081 53985 2081 false false false INTEREST ON LOANS 522130 130796 130796 MEMBER FEE INCOME 522130 44754 44754 OTHER MEMBER REVENUE 522130 14537 14537 NON MEMBER ATM & CK CASH FEES 522130 1380 1380 191467 1998 1998 844 844 194309 190087 1380 2842 53985 500 1581 4313 1811 4500 76503 5471 3439 39 4600 6760 DIVIDENDS PAID TO MEMBERS 5322 PROVISION FOR LOAN LOSS 5000 173824 0 0 0 84079 143818 691799 343592 2050297 1894601 1103 1176 36597 30352 10958 6245 12000 12000 37347 41280 2887583 2442712 7479 19188 2614142 2137077 2621621 2156265 X 265962 286447 265962 286447 2887583 2442712 20485 X false false 14519 14519 22078 15833 6245 6245 MEMBERS SHARES AND DEPOSITS 2137077 2137077 FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER, ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT PROVIDES NECESSARY DATA TO INDEPENDENT PREPARER WHO COMPLETES THE RETURN. MANAGEMENT REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES PREPARER TO E-FILE THE APPROVED RETURN. MANAGEMENT REVIEWS THE RETURN WITH THE DIRECTORS AT THE NEXT BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLIECT OF INTEREST POLICY AND ISSUES ARE REVIEWED AT BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE SALARIES EACH YEAR. THIS IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST.