2015-10-05T07:43:22-05:00 2014-12-31 010242373 MACPAGE LLC 30 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2014-01-01 010196194 MAINE STATE CREDIT UNION MAIN 8005408707 PO BOX 5659 AUGUSTA ME 043325659 DUNCAN R MACKELLAR SENIOR VICE PRESIDENT/CFO 8005408707 2015-08-31 1 MARK AYERS P00289581 2077745701 2015-08-31 X 2014 2016-02-25 16:41:14Z PO BOX 5659 AUGUSTA ME 043325659 14928871 0 X WWW.MAINESTATECU.ORG X 1935 ME PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES 8 8 85 0 142601 -88044 0 0 8324591 8970760 2878172 3158822 2755893 2799289 13958656 14928871 0 0 2416983 2180251 4548107 4612832 0 0 0 5369756 5559303 12334846 12352386 1623810 2576485 346781901 354258287 305368947 310730990 41412954 43527297 PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES. 0 0 12352386 THE CREDIT UNION HAS 25,050 MEMBERS AS OF 12/31/2014. MEMBERS HAVE ACCESS TO A WIDE VARIETY OF LOW COST, HIGH QUALITY SERVICES. 12352386 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 8713 0 1 85 1 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X DUNCAN MACKELLAR 8005408707 PO BOX 5659 AUGUSTA ME 043325659 BETTY J NORTON DIRECTOR 0.00 X 0 0 0 MARY ZMIGRODSKI DIRECTOR 0.00 X 0 0 0 E JAMES SOUCIE DIRECTOR 0.00 X 0 0 0 JOSEPH SUGA TREASURER 0.00 X 0 0 0 LEE CABANA VICE CHAIRPERSO 0.00 X 0 0 0 ROSE BRETON SECRETARY 0.00 X 0 0 0 THOMAS H CUSICK CHAIRPERSON 0.00 X 0 0 0 DEBORAH L SPARROW VICE PRESIDENT 40.00 X 131641 0 10138 DUNCAN MACKELLAR CFO 40.00 X 131334 0 22850 MARK YOUNG OPERATIONS 40.00 X 139428 0 13943 NORMAND R DUBREUIL CEO 40.00 X 217153 0 16612 619556 0 63543 4 0 1 0 SYNERGENT 2 LEDGEVIEW DRIVE WESTBROOK ME 04092 DATA PROCESSING 860935 1 LOAN INCOME FROM MEMBERS 522100 8970760 8970760 8970760 3158822 3158822 SERVICE CHARGES AND FEES 522100 2500715 2500715 OTHER INCOME 522100 123724 123724 LIFE HELP - AD&D 522100 61453 61453 113397 32249 81148 2799289 14928871 11627448 142601 3158822 2180251 683099 2770869 1158864 930789 702479 173252 DATA PROCESSING, ATM FE 971294 PROVISION FOR LOAN LOSS 925141 LOAN SERVICING & COLLEC 522044 MISCELLANEOUS 440231 894073 12352386 27477462 26090786 155062596 172082767 11535614 4466612 7131173 7069002 137000051 125565879 110000 110000 20000619 23339853 346781901 354258287 3201248 3637572 302167699 307093418 305368947 310730990 X 0 0 0 0 41412954 43527297 41412954 43527297 346781901 354258287 X 2576485 -462142 X 0 1 X 1 0 1398277 1398277 7200221 2304847 4895374 2937116 2161765 775351 7069002 OTHER ASSETS 8473232 ACCRUED INTEREST RECEIVABLE 914852 NATIONAL CU SHARE INS. FUND DEPOSIT 2956637 TRICORP MEMBER SHARE SAVINGS 400000 PRE-FUNDED BENEFIT PLAN 10595132 23339853 MEMBER'S SHARE AND SAVINGS ACCOUNT 307093418 307093418 14928871 0 14928871 0 14928871 12352386 0 12352386 0 12352386 X 0 0 0 NORMAND R DUBREUIL CEO 217153 0 0 0 0 0 16612 0 0 0 233765 0 0 0 VARIOUS CU OFFICIALS X 393522 222838 0 1 1 222838 FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS THAT LIVE, WORK, WORSHIP, OR ATTEND SCHOOL IN KENNEBEC OR SOMERSET COUNTY ARE ELIGIBLE FOR MEMBERSHIP IN THE CREDIT UNION. MEMBERS RECEIVE DIVIDENDS BASED ON SHARE ACCOUNTS BUT DO NOT RECEIVE DISTRIBUTIONS OF PROFIT. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE A VOTE DURING THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS IS FORMED BY VOLUNTEERS THAT ARE ELECTED DIRECTLY FROM CREDIT UNION MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 990 REVIEWED BY THE PRESIDENT AND CFO PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS SIGN A DOCUMENT REAFFIRMING ANNUALLY THAT THEY ARE ABIDING BY THE POLICY AND REPORTING ANY CONFLICTS OR POTENTIAL CONFLICTS AND ABSTAINING FROM ANY DECISIONS WHERE THERE IS A CONFLICT. THE BOARD REVIEWED THE CODE OF ETHICS POLICY AT THE JUNE 2015 MEETING AND SIGNED THE DOCUMENT REAFFIRMING THEIR COMMITMENT TO THE POLICY/PRACTICE. FORM 990, PART VI, SECTION B, LINE 15 CREDIT UNION UTILIZES AN OUTSIDE, INDEPENDENT SERVICE, CALLED CU COMPENSATION PERFORMANCE APPRAISAL TO DETERMINE COMPENSATION ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT IS POSTED ON THE WEBSITE AND THE INCOME STATEMENT AND BALANCE SHEET IS POSTED IN THE LOBBY. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN OTHER COMPREHENSIVE INCOME -462,142.