2025-10-09T14:17:32-05:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 751249646 METRO MEDICAL CREDIT UNION METR 2146300611 8200 BROOKRIVER DRIVE N 110 DALLAS TX 75247 MICHAEL CRAIG WHITE PRESIDENT/CEO 2146300611 2025-10-09 1 0 AUBREY CLEGG P01076395 3052328272 2025-10-09 2024 2025-03-06 01:10:19Z MICHAEL CRAIG WHITE 8200 BROOKRIVER DRIVE STE N 110 DALLAS TX 75247 3496582 0 X WWW.MMCU.COM X 1965 TX METRO MEDICAL CREDIT UNION IS A FINANCIAL COOPERATIVE FORMED TO PROVIDE FINANCIAL SERVICES FOR INDIVIDUALS OF MODEST MEANS. 9 9 15 9 31467 0 0 0 2098954 2470292 947066 1026290 0 0 3046020 3496582 0 0 0 0 1140705 1165862 0 0 0 1371885 1521690 2512590 2687552 533430 809030 85246844 83089738 72855310 69889174 12391534 13200564 COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES. 0 0 SHARE ACCOUNTS: METRO MEDICAL CREDIT UNION'S SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. THE CREDIT UNION HAD 6,359 MEMBERS WITH AGGREGATE DEPOSITS THAT APPROXIMATED $69,525,000 AS OF DECEMBER 31, 2024. MEMBER SHARE ACCOUNTS PAY DIVIDENDS QUARTERLY AND OFFER ACCESS THROUGH BRANCH NETWORK, HOME BANKING VIA THE INTERNET OR TELEPHONE, AND ATMS. CHRISTMAS CLUB SAVINGS ACCOUNTS ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS FOR END OF YEAR EXPENSES. CHECKING ACCOUNTS: METRO MEDICAL CREDIT UNION PROVIDES CHECKING ACCOUNTS WITH NO MONTHLY CHARGE TO CONSUMERS. MMCU HAS 3,005 CHECKING ACCOUNTS. DIVIDENDS ARE PAID MONTHLY. ADDITIONALLY, THE CREDIT UNION OFFERS FREE DEBIT CARDS AND FREE HOME BANKING ON THESE ACCOUNTS. INTERNET BILL PAY IS AVAILABLE FOR A NOMINAL MONTHLY CHARGE. APPROXIMATELY FORTY-NINE PERCENT OF THE CREDIT UNION'S MEMBERS HAVE A CHECKING ACCOUNT. CONSUMER LOANS: METRO MEDICAL CREDIT UNION PROVIDES SIGNATURE LOANS, PROPERTY IMPROVEMENT LOANS AND FIXED HOME EQUITY LOANS. ALSO, SHARE SECURED LOANS ARE AVAILABLE AT A REDUCED RATE. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 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 1214 0 1 15 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 0 1 1 1 1 0 X MICHAEL CRAIG WHITE 2146300611 8200 BROOKRIVER DRIVE STE N 110 DALLAS TX 75247 RHONDA K ARRINGTON BOD - DIRECTOR 1.00 X 0 0 0 JESSICA HERNANDEZ BOD - VICE CHAIR 1.00 X 0 0 0 DAVID KNOWLES BOD - DIRECTOR 1.00 X 0 0 0 RAYCHEL LEE BOD - SECRETARY/TREASURER 1.00 X 0 0 0 CHRISTOPHER MANN BOD - DIRECTOR 1.00 X 0 0 0 JOE G MAYER BOD - CHAIRPERSON 1.00 X 0 0 0 ERIC MCDANIEL BOD - DIRECTOR 1.00 X 0 0 0 DENISE PICKETT BOD - DIRECTOR 1.00 X 0 0 0 KRISTI TILLERY BOD - DIRECTOR 1.00 X 0 0 0 MICHAEL CRAIG WHITE PRESIDENT/CEO 65.00 X 195101 0 29437 SHERMAN ROBERSON VICE PRESIDENT 40.00 X 115128 0 23406 310229 0 52843 2 0 1 0 FISERV 5400 LEGACY DRIVE PLANO TX 75024 DATA PROCESSING 479322 1 INTEREST ON LOANS 522100 1569311 1569311 FEES AND CHARGES 522100 869514 869514 FINANCE AND INSURANCE 520000 31467 31467 2470292 1026290 1026290 3496582 2438825 31467 1026290 X 363072 477838 46620 210818 67514 390 481122 29300 22248 246289 107230 141 260882 34844 34867 LOAN SERVICING EXPENSE 240256 MISCELLANEOUS 29891 ASSOCIATION DUES 18397 SUPERVISION/EXAM FEES 17000 -1167 2687552 1002047 719127 22936108 3631941 6086 4770 25686104 29581752 69596 69213 566816 412499 154836 154317 34475556 48061620 916511 866998 85246844 83089738 317425 364411 72537885 69524763 72855310 69889174 X 0 0 0 0 12391534 13200564 12391534 13200564 85246844 83089738 809030 0 X 0 0 0 167851 83926 83925 398965 328573 70392 154317 SOUTHWEST BRIDGE PCC ESCROW 116609 C CERTIFICATES OF DEPOSIT 47945011 C 48061620 MEMBER DEPOSITS - SHARES 39081586 MEMBER DEPOSITS - SHARE DRAFTS 19556935 MEMBER DEPOSITS - MONEY MARKET 3287575 MEMBER DEPOSITS - IRA SHARES 1125945 MEMBER DEPOSITS - IRA CD'S 1211996 MEMBER DEPOSITS - CHRISTMAS CLUB 131597 COURTESY PAY OVERDRAFT 36638 MEMBER DEPOSITS - CERTIFICATES 5092491 69524763 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 X 0 0 0 MICHAEL CRAIG WHITE PRESIDENT/CEO 192828 0 2273 0 0 0 11570 0 17867 0 224538 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS. 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, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B METRO MEDICAL CREDIT UNION MANAGEMENT MAKES THE FORM AVAILABLE TO THE CREDIT UNION'S BOARD OF DIRECTORS TO REVIEW BEFORE FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS BUDGET COMMITTEE REVIEWS THE ANNUAL TEXAS CREDIT UNION LEAGUE SALARY SURVEY AND OTHER LEADING INDUSTRY SURVEYS AND DETERMINES THE COMPENSATION FOR THE CEO AND OTHER TOP MANAGEMENT OF THE CREDIT UNION. THE BUDGET COMMITTEE THEN REPORTS ITS RECOMMENDATIONS TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS VOTES ON THE RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 METRO MEDICAL CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE CREDIT UNION'S WEBSITE AND ALSO IN-PERSON UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER 29,300. FORM 990, PART IX, LINE 24E PROVISION FOR LOAN LOSSES -1,167.