LISTERHILL CREDIT UNION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: LISTERHILL CREDIT UNION (EIN 63-0333902)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-10-31
IRS object ID: 201733049349302168
Schema version: 2016v3.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-10-31T16:54:11-05:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	461498870	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Barfield Murphy Shank & Smith LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1121 Riverchase Office Rd	AddressLine1Txt
City	Birmingham	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35244	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2016-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	630333902	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Credit Unions in the State of AL	BusinessNameLine1Txt
Business Name Line2	Listerhill Credit Union	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	CRED	BusinessNameControlTxt
Phone	2563839204	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 566	AddressLine1Txt
City	Sheffield	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	356600566	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Brad Green	PersonNm
Person Title	CEO/President	PersonTitleTxt
Phone	2563839204	PhoneNum
Signature	2017-10-11	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Cynthia A Hudson CPA	PreparerPersonNm
PTIN	P00029332	PTIN
Phone	2059825500	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	74.254.230.2	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2017-10-11	IPDt
IP Tm	12:02:55	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	BB5B87492D4E1977DF1DA222DA2F657D6D491FA0	AtSubmissionCreationDeviceId
At Submission Filing Device Id	7D18C0A5607C564A059F47EF0B8078F358E5AEEC	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	brad green	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 566	AddressLine1Txt
City	Sheffield	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	356600566	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$73,916,989	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	www.listerhill.com	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1952	FormationYr
Legal Domicile State	AL	LegalDomicileStateCd
Activity Or Mission	To provide thrift opportunities and low cost loans to members.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	291	TotalEmployeeCnt
Total Volunteers	10	TotalVolunteersCnt
Total Gross UBI	$65,111	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$25,692,611	PYProgramServiceRevenueAmt
CY Program Service Revenue	$28,362,984	CYProgramServiceRevenueAmt
PY Investment Income	$1,986,467	PYInvestmentIncomeAmt
CY Investment Income	$1,883,877	CYInvestmentIncomeAmt
PY Other Revenue	$12,648,277	PYOtherRevenueAmt
CY Other Revenue	$14,836,876	CYOtherRevenueAmt
PY Total Revenue	$40,327,355	PYTotalRevenueAmt
CY Total Revenue	$45,083,737	CYTotalRevenueAmt
PY Grants And Similar Paid	$5,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$5,000	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$15,375,111	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$16,691,146	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$21,857,153	PYOtherExpensesAmt
CY Other Expenses	$24,101,332	CYOtherExpensesAmt
PY Total Expenses	$37,237,264	PYTotalExpensesAmt
CY Total Expenses	$40,797,478	CYTotalExpensesAmt
PY Revenues Less Expenses	$3,090,091	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$4,286,259	CYRevenuesLessExpensesAmt
Total Assets BOY	$688,611,419	TotalAssetsBOYAmt
Total Assets EOY	$730,152,373	TotalAssetsEOYAmt
Total Liabilities BOY	$621,827,521	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$660,364,669	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$66,783,898	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$69,787,704	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	Listerhill Credit Union is a member-owned financial institution whose purpose is to improve the quality of life for the membership by providing cost effective services to meet their financial needs while maintaining financial soundness and promoting the credit union philosophy.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	87,615 members served to promote thrift opportunities and low cost loans.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	0	TransactionWithControlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	26464	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	291	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	0	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Clay Morgan	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2563839204	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4790 2nd Street	AddressLine1Txt
City	Muscle Shoals	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35661	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
James Holiday
Director	1.00	Yes (X)	$0	$0	$0
Larry Hester
Chairperson	1.00	Yes (X)	$0	$0	$0
Otis Dickerson
Vice Chairperson	1.00	Yes (X)	$0	$0	$0
MARK MASSEY
Director	1.00	Yes (X)	$0	$0	$0
Mark Linder
Director	1.00	Yes (X)	$0	$0	$0
Franklin Brown
Director	1.00	Yes (X)	$0	$0	$0
Bob Little
Secretary/Treasurer	1.00	Yes (X)	$0	$0	$0
Brad Green
CEO/President	40.00		$325,037	$0	$55,302	Yes (X)
Clay Morgan
Chief of Staff Operations	40.00		$181,116	$0	$44,597	Yes (X)
Daryl McMinn
COO	40.00		$165,752	$0	$42,393	Yes (X)
Ivan Fike
VP of Information Technolo	40.00		$261,193	$0	$43,913	Yes (X)
Joyce Bates
VP of Administration	40.00		$112,038	$0	$23,530	Yes (X)
Carolyn Conway
Chief Risk Officer	40.00		$109,553	$0	$23,108	Yes (X)
Carla Harper
CFO	40.00		$89,356	$0	$14,004	Yes (X)
Kristen P Mashburn
Cheif of Staff Retail	40.00		$125,054	$0	$36,111	Yes (X)
johnathan Gray
Information Technology	40.00		$141,500	$0	$21,625		Yes (X)
Andrew Clark
Financial Services	40.00		$166,358	$0	$42,092		Yes (X)
Jerry Scarborough
Mortgage Lending	40.00		$114,943	$0	$34,785		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,791,900	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$381,460	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	10	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
AT&T
PO Box 13148	Newark	NJ	071015648	TELEPHONE	$495,555
BIT LLC
710 SW 34TH ST	RENTON	WA	98057	STATEMENT PROCESSING	$411,135
JACK HENRY & ASSOCIATES
663 W HWY 60	MONETT	MO	65708	CORE PROCESSOR	$386,405
Wier Stewart
982 Broad Street	Augusta	GA	30901	Marketing	$380,836
Teklinks
1500 Perimeter South Ste 115	Huntsville	AL	35808	IT Consulting	$370,515

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	17	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	Loan Interest Income	Desc
Business	522130	BusinessCd
Total Revenue Column	$28,362,984	TotalRevenueColumnAmt
Related Or Exempt Func Income	$28,362,984	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$28,362,984	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,994,964	TotalRevenueColumnAmt
Exclusion	$1,994,964	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$146,904	TotalRevenueColumnAmt
Exclusion	$146,904	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$27,251,597	SecuritiesAmt
Other	$1,470,568	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$27,183,251	SecuritiesAmt
Other	$1,650,001	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$68,346	SecuritiesAmt
Other	-$179,433	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$111,087	TotalRevenueColumnAmt
Exclusion	-$111,087	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Checking Account Fees	522130	$5,902,079	$5,902,079
Credit Card and Interchange Fees	522130	$4,638,617	$4,638,617
Account Fee & Charges Income	522130	$3,396,533	$3,396,533

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$752,743	TotalRevenueColumnAmt
Related Or Exempt Func Income	$687,632	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$65,111	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$14,689,972	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$45,083,737	TotalRevenueColumnAmt
Related Or Exempt Func Income	$42,987,845	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$65,111	UnrelatedBusinessRevenueAmt
Exclusion	$2,030,781	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$5,000	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,652,057	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$10,529,683	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,623,056	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$886,350	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$2,216	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$45,400	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$230,109	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$304,234	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,127,219	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,478,036	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$18,962	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$586,524	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$72,734	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$14,290	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$4,345,775	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,761,751	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$215,951	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
Provision for Loan Loss	$4,590,000
Data Processing	$3,287,856
Other Operating Expense	$3,071,701
Repairs & Maintenance	$909,040

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,039,534	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$40,797,478	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$19,375,366	BOYAmt
EOY	$21,458,031	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$51,722,209	BOYAmt
EOY	$38,228,237	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$223,496	BOYAmt
EOY	$298,495	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$1,060,934	BOYAmt
EOY	$1,299,917	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$469,070,488	BOYAmt
EOY	$557,537,796	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$9,102,441	BOYAmt
EOY	$8,432,408	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$34,995,697	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$16,473,478	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$19,230,075	BOYAmt
EOY	$18,522,219	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$42,464,475	BOYAmt
EOY	$70,897,607	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$62,888,862	BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$3,989,893	BOYAmt
EOY	$3,790,563	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$9,483,180	BOYAmt
EOY	$9,687,100	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$688,611,419	BOYAmt
EOY	$730,152,373	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$4,669,630	BOYAmt
EOY	$6,655,310	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$617,157,891	BOYAmt
EOY	$653,709,359	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$621,827,521	BOYAmt
EOY	$660,364,669	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$66,783,898	BOYAmt
EOY	$69,787,704	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$66,783,898	BOYAmt
EOY	$69,787,704	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$688,611,419	BOYAmt
EOY	$730,152,373	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$4,286,259	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$98,509	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$1,380,962	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,112,923	OtherCostOrOtherBasisAmt
Book Value	$2,112,923	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,424,163	OtherCostOrOtherBasisAmt
Depreciation	$5,976,462	DepreciationAmt
Book Value	$12,447,701	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$319,002	OtherCostOrOtherBasisAmt
Depreciation	$304,650	DepreciationAmt
Book Value	$14,352	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$14,139,609	OtherCostOrOtherBasisAmt
Depreciation	$10,192,366	DepreciationAmt
Book Value	$3,947,243	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$18,522,219	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Member Deposits	$653,238,313
Escrow Shares	$471,046

Field	Value	IRS element (for citing)
Total Liability	$653,709,359	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Brad Green
CEO/President	$325,037	$0	$0	$0	$0	$0	$36,779	$0	$18,523	$0	$380,339	$0	$0	$0
Clay Morgan
Chief of Staff Operations	$181,116	$0	$0	$0	$0	$0	$26,245	$0	$18,352	$0	$225,713	$0	$0	$0
Daryl McMinn
COO	$165,752	$0	$0	$0	$0	$0	$24,055	$0	$18,338	$0	$208,145	$0	$0	$0
Ivan Fike
VP of Information Technolo	$111,193	$0	$0	$0	$150,000	$0	$31,857	$0	$12,056	$0	$305,106	$0	$0	$0
Kristen P Mashburn
Cheif of Staff Retail	$125,054	$0	$0	$0	$0	$0	$18,222	$0	$17,889	$0	$161,165	$0	$0	$0
johnathan Gray
Information Technology	$141,500	$0	$0	$0	$0	$0	$20,401	$0	$1,224	$0	$163,125	$0	$0	$0
Andrew Clark
Financial Services	$166,358	$0	$0	$0	$0	$0	$24,209	$0	$17,883	$0	$208,450	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 4b	FormAndLineReferenceDesc
Explanation	The following Officers participated in the nonqualified retirement plan. Brad Green Clay Morgan Daryl McMinn Ivan Fike Ivan Fike was the only officer to receive a payment from the nonqualified retirement plan.	ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (26 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
BRAD GREEN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$74,188	$74,188	0	Yes (1)	Yes (1)
BRAD GREEN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$74,188	$74,188	0	Yes (1)	Yes (1)
BRAD GREEN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$74,188	$74,188	0	Yes (1)	Yes (1)
BRAD GREEN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$68,036	$68,036	0	Yes (1)	Yes (1)
BRAD GREEN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$68,036	$68,036	0	Yes (1)	Yes (1)
BRAD GREEN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$68,036	$68,036	0	Yes (1)	Yes (1)
DARYL MCMINN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$26,335	$26,335	0	Yes (1)	Yes (1)
DARYL MCMINN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$26,335	$26,335	0	Yes (1)	Yes (1)
DARYL MCMINN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$26,335	$26,335	0	Yes (1)	Yes (1)
DARYL MCMINN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$24,105	$24,105	0	Yes (1)	Yes (1)
DARYL MCMINN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$24,105	$24,105	0	Yes (1)	Yes (1)
DARYL MCMINN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$24,105	$24,105	0	Yes (1)	Yes (1)
CLAY MORGAN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$43,311	$43,311	0	Yes (1)	Yes (1)
CLAY MORGAN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$43,311	$43,311	0	Yes (1)	Yes (1)
CLAY MORGAN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$53,448	$53,448	0	Yes (1)	Yes (1)
CLAY MORGAN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$53,448	$53,448	0	Yes (1)	Yes (1)
BRAD GREEN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$74,188	$74,188	0	Yes (1)	Yes (1)
BRAD GREEN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$68,036	$68,036	0	Yes (1)	Yes (1)
DARYL MCMINN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$26,335	$26,335	0	Yes (1)	Yes (1)
DARYL MCMINN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$24,105	$24,105	0	Yes (1)	Yes (1)
CLAY MORGAN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$43,311	$43,311	0	Yes (1)	Yes (1)
CLAY MORGAN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$53,449	$53,449	0	Yes (1)	Yes (1)
BraD GREEN
oFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$74,188	$74,188	0	Yes (1)	Yes (1)
BrAD GREEN
oFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$68,036	$68,036	0	Yes (1)	Yes (1)
CLAY MORGAN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$53,448	$53,448	0	Yes (1)	Yes (1)
CLAY MORGAN
OFFICER	COLLATERAL ASSIGNMENT SPLIT DOLLAR INSURANCE	Yes (X)	$43,311	$43,311	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$1,299,917	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 6	The 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 Colbert, Cullman, Fayette, Franklin, Lamar, Lauderdale, Lawrence, Limestone, Marion, Morgan, Walker, or Winston counties in North Alabama or Maury County in Tennessee. A person can also become a member if they are related to a current member or if they work for a member company.
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 10b	While the credit union does not have a specific written policy for the branches, all branches are held accountable to the same policies as the main branch.
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 and Directors to immediately notify the Credit Union Managers of any potential conflict of interest.
Form 990, Part VI, Section B, line 15	Compensation for Officers, Key Employees and Top Management Officials is determined on a yearly basis. Before compensation is set, the Board of Directors examines the type and amount of work performed by the employees while taking into account the Credit Union's prior year income. Independently prepared regional salary surveys are available for use by the board in the compensation determination process.
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 XI, line 9:	Pension Adjustment (OCI) -1,380,962.
form 990, part XII LINE 2	On a yearly basis, the National Credit Union Association and the Alabama Credit Union Administration examine the financial statements of the Credit Union. The Credit Union's September 30th financial statements are audited annually by an independent accountant.
Section 1.263(a)-1(f) De Minimis Safe Harbor Election	Credit Unions in the State of Alabama Listerhill Credit Union P.O. Box 566 Sheffield, AL 35660-0566 Employer Identification Number: 63-0333902 For the Year Ending December 31, 2016 Credit Unions in the State of Alabama Listerhill 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	Credit Unions in the State of Alabama Listerhill Credit Union P.O. Box 566 Sheffield, AL 35660-0566 Employer Identification Number: 63-0333902 For the Year Ending December 31, 2016 Credit Unions in the State of Alabama Listerhill Credit Union is making the election to capitalize repair and maintenance costs under Reg. Sec. 1.263(a)-3(n).

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	Listerhill Credit Union Services Inc	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 566	AddressLine1Txt
City	Sheffield	CityNm
State Abbreviation	AL	StateAbbreviationCd
ZIP	35660	ZIPCd

Field	Value	IRS element (for citing)
EIN	201572421	EIN
Primary Activities	Credit Union Services	PrimaryActivitiesTxt
Legal Domicile State	AL	LegalDomicileStateCd
Direct Controlling NA	N/A	DirectControllingNACd
Entity Type	C	EntityTypeTxt
Share Of Total Income	$596	ShareOfTotalIncomeAmt
Share Of EOY Assets	$30,404	ShareOfEOYAssetsAmt
Ownership	1.00000	OwnershipPct
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd