2025-11-10T12:05:57-06:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 590857430 STATE CHARTERED CREDIT UNIONS IN FLORIDA FLORIDA CENTRAL CREDIT UNION STAT 8138793333 3333 HENDERSON BLVD TAMPA FL 33609 THUY LINH N DANG CEO 8138793333 2025-11-10 1 0 AUBREY CLEGG P01076395 3052328272 2025-11-10 2024 2025-03-06 01:10:19Z FLORIDA CENTRAL CREDIT UNION THUY LINH N DANG 3333 HENDERSON BLVD TAMPA FL 33609 31798268 0 2106 X WWW.FLORIDACENTRALCU.COM X 1991 FL FLORIDACENTRAL CREDIT UNION IS A MEMBER OWNED COOPERATIVE DEDICATED TO PROMOTING THRIFT AND PROVIDING ITS MEMBERS WITH COMPETITIVELY PRICED, QUALITY FINANCIAL SERVICES WHILE MAINTAINING SERVICE IN A PROFESSIONAL, ACCURATE AND EFFICIENT MANNER TO ALL MEMBERS REGARDLESS OF SOCIO-ECONOMIC STATUS. 8 7 175 10 33764 0 0 0 22450435 25650775 4935384 6147493 0 0 27385819 31798268 0 0 0 0 10020151 10100705 0 0 0 15513662 20691856 25533813 30792561 1852006 1005707 594851998 600624639 581753348 585919502 13098650 14705137 X FLORIDACENTRAL CREDIT UNION IS A MEMBER OWNED COOPERATIVE DEDICATED TO PROMOTING THRIFT AND PROVIDING ITS MEMBERS WITH COMPETITIVELY PRICED, QUALITY FINANCIAL SERVICES WHILE MAINTAINING SERVICE IN A PROFESSIONAL, ACCURATE AND EFFICIENT MANNER TO ALL MEMBERS REGARDLESS OF SOCIO-ECONOMIC STATUS. 0 0 INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 13193 0 1 175 1 1 1 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 0 0 0 0 1 1 1 0 X DANIEL GEORGE 8133876121 3333 HENDERSON BLVD TAMPA FL 33609 WILLIAM MIGNONE CHAIRPERSON 1.00 X 0 0 0 MARGARET SPURRIER VICE CHAIRPERSON 1.00 X 0 0 0 STEPHEN SHEAR SECRETARY 1.00 X 0 0 0 BRATON COLE TREASURER 1.00 X 0 0 0 STEVIE OSTERLAND DIRECTOR 1.00 X 0 0 0 DAVID STEFFEN DIRECTOR 1.00 X 0 0 0 GARY VIEN DIRECTOR 1.00 X 0 0 0 THUY LINH N DANG PRESIDENT/CEO 40.00 X 502842 0 53408 THOMAS GABRYLUK CFO 40.00 X 20181 0 2754 MITCHELL SCOTT NEWBERGER COO 40.00 X 150408 0 17749 THOMAS CHESNUTT DIRECTOR OF SALES 40.00 X 151515 0 8155 CARLA GANT VP HUMAN RESOURCES 40.00 X 142892 0 21992 DANIEL GEORGE VP OF FINANCE 40.00 X 107943 0 22584 BRIAN ROBINSON SVP/CMO 40.00 X 174889 0 19682 PAMELA WENDLAND CHIEF CREDIT OFFICER 40.00 X 154574 0 18429 1405244 0 164753 7 0 1 0 ENGAGE FI LLC 5550 W EXECUTIVE DR TAMPA FL 33609 CONSULTATION; CONTRACT NEGOTIATION 935807 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 CORE SYSTEM 797009 WINDSTREAM ENTERPRISE PO BOX 9001013 LOUISVILLE KY 402901013 COMMUNICATIONS 389584 CONNECT FINANCIAL SOFTWARE PO BOX 923 SANDY UT 84091 HOMEBANKING 360451 COX RADIO INC-TAMPA BAY PO BOX 83199 CHICAGO IL 606910199 MARKETING 240873 17 INTEREST ON LOANS 522100 19531607 19531607 FEES/CHARGES/OTHER 522100 6085404 6085404 FINANCE & INSURANCE 520000 33764 33764 25650775 6147493 6147493 31798268 31764504 33764 0 X 747342 6961113 733205 1083827 575218 61384 81668 93000 367323 599365 1040544 282238 1146940 190187 18733 8208252 1347429 216717 SHARE/DEBIT/CREDIT CARD 2500896 PROVISION FOR LOAN LOSS 1793141 MAINTENANCE AND REPAIRS 1119044 CREDIT AND COLLECTION E 696584 928411 30792561 3053989 2795166 55264090 57705559 2650047 8663130 971506 383413668 386996452 10100349 12353193 29447250 9939085 20008214 19508165 104941582 96332164 2725950 2789056 12694109 12510248 594851998 600624639 8066319 8015137 573687029 577904365 581753348 585919502 X 0 0 0 0 13098650 14705137 13098650 14705137 594851998 600624639 X 1005707 -544836 1145616 X X 0 1 X 1 0 5896526 5896526 14703634 3412897 11290737 583417 505343 78074 8263673 6020845 2242828 19508165 REGULAR SHARES 202064805 CHRISTMAS CLUB 271370 TIME DEPOSITS 136120379 CHECKING ACCOUNTS 12689825 ULTIMATE CHECKING 170678470 IRA ACCOUNTS 6724820 IRA CERTIFICATES 8912499 MONEY MARKET 25947992 NON-MEMBER DEPOSITS 14494205 577904365 X PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. X 1 1 X X X X 0 1 0 THUY LINH N DANG PRESIDENT/CEO 502842 0 0 0 0 0 29591 0 23817 0 556250 0 0 0 BRIAN ROBINSON SVP/CMO 174889 0 0 0 0 0 8672 0 11010 0 194571 0 0 0 PAMELA WENDLAND CHIEF CREDIT OFFICER 154574 0 0 0 0 0 4556 0 13873 0 173003 0 0 0 MITCHELL SCOTT NEWBERGER COO 150408 0 0 0 0 0 7482 0 10267 0 168157 0 0 0 CARLA GANT VP HUMAN RESOURCES 142892 0 0 0 0 0 7509 0 14483 0 164884 0 0 0 THOMAS CHESNUTT DIRECTOR OF SALES 151515 0 0 0 0 0 7411 0 744 0 159670 0 0 0 PART I, LINE 4B THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS TO THE PRESIDENT/CEO, THUY LINH DANG THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR." AT SPECIFIED TIMES, THE PARTICIPANT MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE UNDERLYING LIFE INSURANCE POLICY TO SUPPLEMENT RETIREMENT INCOME. THESE DRAWS ARE TAX FREE FOR THE PARTICIPANTS. UPON THE PARTICIPANT'S DEATH THE CREDIT UNION RECOVERS ITS PREMIUMS PLUS INTEREST, PLUS KEY-PERSON INSURANCE PROCEEDS. SEE SCHEDULE L. LINH DANG PRESIDENT/ CEO SPLIT DOLLAR X 4828000 971506 0 1 1 971506 FORM 990, SCHEDULE L, PART II THE CREDIT UNION PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ARRANGEMENT REFERRED TO AS A "COLLATERAL ASSIGNED SPLIT DOLLAR" PLAN. THE IRS REQUIRES REPORTING IN PART II AS A LOAN TO AN INTERESTED PARTY. THE CREDIT UNION RECOVERS ANY OUTLAYS, PLUS INTEREST, FROM THE UNDERLYING POLICY. THAT IS, THE CREDIT UNION DEPOSITS FUNDS DIRECTLY INTO A LIFE INSURANCE POLICY TO ENSURE REPAYMENT; HOWEVER, THIS LOAN IS CONSIDERED A TERM LOAN WITH RECOURSE. AT SPECIFIED TIMES, THE PARTICIPANT MAY BORROW FUNDS FROM THE CASH SURRENDER VALUE OF THE POLICY TO SUPPLEMENT RETIREMENT INCOME. THE BORROWINGS ARE MONITORED TO ENSURE THE POLICY WILL PAY A DEATH BENEFIT AT LEAST SUFFICIENT TO COVER THE CREDIT UNION'S OUTLAYS PLUS INTEREST. ANY REMAINING DEATH BENEFITS ARE DIVIDED BETWEEN THE CREDIT UNION AND THE PARTICIPANT'S BENEFICIARIES AS AGREED UPON. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS MEMBER OWNED. A CREDIT UNION IS LED BY A BOARD OF DIRECTORS (ALL OF WHOM MUST BE MEMBERS THEMSELVES), WHICH IS ELECTED BY THE CREDIT UNION MEMBERSHIP. EACH MEMBER GETS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY. DECISIONS ARE MADE BY THE GOVERNING BODY WHO REPRESENTS THE MEMBERSHIP OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING MANAGER IS IN CHARGE OF PREPARING FORM 990. THE PRESIDENT AND CEO OF THE CREDIT UNION ALONG WITH THE CFO REVIEW THE RETURN AND MAKE THE NECESSARY CORRECTIONS. THE RETURN IS FILED WHEN COMPLETED. FORM 990, PART VI, SECTION B, LINE 15 A PERFORMANCE EVALUATION FORM IS COMPLETED BY THE BOARD ANNUALLY FOR THE CEO. THE CEO'S SALARY IS ALSO DETERMINED BY THE BOARD. FOR OTHER OFFICERS OR KEY EMPLOYEES, AN EVALUATION IS PERFORMED ANNUALLY BY THE CEO. JOB GRADES AND COMPENSATION RANGES FOR EACH GRADE ARE ESTABLISHED BY A THIRD-PARTY COMPENSATION FORM; KOGER, GOODWIN AND ASSOCIATES. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON THE NCUA.GOV WEBSITE VIA THE QUARTERLY 5300 FILING. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL AND OUTSIDE SERVICES 301,895. ARMOURED/COURIER SERVICE 65,428. FORM 990, PART IX, LINE 24E ATM EXPENSE 435,123. HOME BANKING 354,294. ASSOCIATION DUES 64,830. OTHER LOSSES 44,613. EDUCATION AND PROMOTION 20,921. MISCELLANEOUS EXPENSE 8,630. FORM 990, PART XI, LINE 9: NET PENSION GAINS/(LOSSES) 850,119. AMORTIZATION OF NET PENSION LOSSES 295,497. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES IN THE PROCESS OF THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT AUDITOR. MEMBER SERVICES CORPORATION PO BOX 18605 TAMPA FL 336798605 592678556 CREDIT UNION SUPPORT SERVICE FL FLORIDA CENTRAL CREDIT UNION C 739700 740941 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0