2015-11-09T01:22:41-00:00 2014-12-31 ORTH CHAKLER MURNANE AND CO CPAs 12060 SW 129 COURT SUITE 201 MIAMI FL 33186 990 2014-01-01 586032554 LGE COMMUNITY CREDIT UNION LGEC 7704240060 430 COMMERCE PARK DRIVE MARIETTA GA 30060 CANDICE BRACEWELL EVPCFO 2015-11-09 true DOUGLAS ORTH 3052328272 2015-11-09 2014 2016-04-25 22:37:26Z CHRIS LEGGETT 430 COMMERCE PARK DRIVE MARIETTA GA 30060 90071687 false 3804 X WWW.LGECCU.ORG X CREDIT UNION 1951 GA PROVIDE SAVINGS AND LENDING ACTIVITIES TO MEMBER OWNERS OF THE COOPERATIVE. 9 9 239 13 23260 -128259 0 41262243 42329376 1928676 2027311 28500 0 43219419 44356687 0 0 14796777 16154982 0 0 20255933 20053176 35052710 36208158 8166709 8148529 954320327 989115983 849986274 876427562 104334053 112688421 PROVIDE SAVINGS AND LENDING ACTIVITIES TO MEMBER OWNERS OF THE COOPERATIVE. false false INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM INVESTMENT OF MEMBERS FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. false false false false false false false false false true false false false true true false true false false false false false false false false false false false true false true false false false false false false false false true false false false true 23569 0 true 239 true true true false false false false false X 9 9 false false false false true true true true true false false false true true true false true true true false X CANDICE D BRACEWELL 7704240060 430 COMMERCE PARK DRIVE MARIETTA GA 30060 D BRAUND DIRECTOR EMERITUS 001.00 001.00 X 0 0 0 M BROCK VICE CHAIR 001.00 001.00 X 0 0 0 R DIXON CHAIR 001.00 001.00 X 0 0 0 E HARRELL DIRECTOR 001.00 001.00 X 0 0 0 A KASSIS DIRECTOR 001.00 001.00 X 0 0 0 F MYERS TREASURER 001.00 001.00 X 0 0 0 R ROBERTS DIRECTOR EMERITUS 001.00 001.00 X 0 0 0 M SANSEVIRO DIRECTOR 001.00 001.00 X 0 0 0 DR P THOMAS DIRECTOR EMERITUS 001.00 001.00 X 0 0 0 S WALLS SECRETARY 001.00 001.00 X 0 0 0 J AUSTIN DIRECTOR 001.00 001.00 X 0 0 0 M CAGLE DIRECTOR 001.00 001.00 X 0 0 0 C LEGGETT CEO 040.00 040.00 X 404745 0 48194 C BRACEWELL CFO 040.00 040.00 X 207944 0 33300 H BRANCH III COO 040.00 040.00 X 264959 0 32064 S STANFIELD CAO 040.00 040.00 X 173683 0 34253 L KING CTO 040.00 040.00 X 183639 0 40832 S TILLERY VP LENDING 040.00 040.00 X 158039 0 27853 J KINNEY VP/RETAIL SALES 040.00 040.00 X 153646 0 37333 R GRIZZLE VP OF BUSINESS SERVICES 040.00 040.00 X 146885 0 25486 M LAWSON BUSINESS LENDER 040.00 040.00 X 124115 0 28093 JC WAGNER VP/HUMAN RESOURCES 040.00 040.00 X 136037 0 34091 1953692 341499 10 false true false VISA DPS (ACH) PO BOX 8999 SAN FRANCISCO CA 94128 CARD PROCESSING 570319 JACK HENRY ASSOCIATES INC PO BOX 503328 ST LOUIS MO 63150 CORE SYSTEM MAINTENANCE EXPENSES 584043 PSCU FINANCIAL SVCS 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CALL CENTER MEMBER SUPPORT 493517 CONSULTANTS & BUILDERS INC 3100 MEDLOCK BRIDGE ROAD SUITE 420 NORCROSS GA 30071 GENERAL CONTRACTORS 456420 VISA USA INC PO BOX 8999 SAN FRANCISCO CA 94128 CARD PROCESSING 332111 10 INCOME ON LOANS 522100 28265685 28265685 FEE/OTHER INCOME 522100 14040431 14040431 UBIT REVENUE 900099 23260 23260 42329376 1967265 1967265 45775046 45715000 60046 60046 60046 44356687 44333427 23260 0 0 0 0 1423613 1423613 1003832 1003832 8720892 8720892 0 4119609 4119609 887036 887036 0 84061 84061 258268 258268 0 0 468109 468109 981696 981696 6273625 6273625 0 0 1287917 1287917 310544 310544 0 0 4276588 4276588 146650 146650 1516085 1516085 172280 172280 PROVISION FOR LOAN LOSSES 2179507 2179507 CASH SHORT/OVER -7120 -7120 LOAN SERVICING 2104966 2104966 0 36208158 36208158 4891119 6860099 37515833 6816460 4606709 5139093 3768188 631536982 752742023 541674 611206 39922758 27131707 13206102 12791051 217252724 152428784 9287093 8270661 35482091 39688418 954320327 989115983 4343749 4768662 65000000 70000000 780642525 801658900 849986274 876427562 X 104334053 112688421 104334053 112688421 954320327 989115983 8148529 205839 X false true X true false false 4311563 4246668 18558005 12778835 6013280 2889451 1928724 1087641 14163739 13342557 1443462 12791051 Financial derivatives and other financial products Closely-held equity interests Federal income taxes REGULAR SHARES 306690871 MONEY MARKETS 113043030 CERTIFICATES IRA CERTIFICATES 132659711 SHARE DRAFTS 226808001 IRAS 21880263 HEALTH SAVINGS 577024 801658900 X X 2 THE CREDIT UNION IS EXEMPT, BY STATUTE, FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, THE CREDIT UNION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX. X X X false true false C LEGGETT CEO 326745 78000 28600 19594 452939 C BRACEWELL CFO 179437 28507 24562 8738 241244 H BRANCH III COO 238936 26023 23326 8738 297023 S STANFIELD CAO 150137 23546 20951 13302 207936 L KING CTO 157752 25887 22673 18159 224471 S TILLERY VP LENDING 142618 15421 19384 8469 185892 J KINNEY VP/RETAIL SALES 138225 15421 19384 17949 190979 R GRIZZLE VP OF BUSINESS SERVICES 132241 14644 7897 17589 172371 M LAWSON BUSINESS LENDER 124115 11473 16620 152208 JC WAGNER VP/HUMAN RESOURCES 122585 13452 16355 17736 170128 Part I Line 4b TWO INDIVIDUALS PARTICIPATED IN A 457F PLAN DURING 2014. H. BRANCH - 53,327 BALANCE AS OF 12/31/14 C. BRACEWELL - 100,575 BALANCE AS OF 12/31/14. Part I Line 4b THE ORGANIZATION DEPOSITED FUNDS INTO A LIFE INSURANCE POLICY ON THE CEOS LIFE. DURING LIFE, AND SUBJECT TO THE POLICY GENERATING SUFFICIENT VALUES, THE PARTICIPANT CAN BORROW FROM THE POLICY. AT DEATH, THE ORGANIZATION RECOVERS ITS PREMIUMS PLUS INTEREST PLUS ADDITIONAL KEY-PERSON INSURANCE PROCEEDS. CHRIS LEGGETT CEO TO FUND SPLIT DOLLAR LIFE INSURANCE PLAN X 3750000 3768188 false true true 3768188 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 BODYS 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 11 LGECCU ENGAGED A PAID PREPARER, ORTH, CHAKLER, MURNANE AND CO., CPAs, TO COMPLETE OUR FORM 990 FILING. UPON COMPLETION OF THE RETURN, IT WAS REVIEWED AND APPROVED BY EXECUTIVE MANAGEMENT. Form 990, Part VI, Section B, Line 12C LGECCU MAINTAINS A CONFLICT OF INTEREST POLICY WITHIN ITS CODE OF ETHICS. THIS POLICY IS ENFORCED AT ALL TIMES AND REVIEWED PERIODICALLY BY OUR INTERNAL AUDIT DEPARTMENT. Form 990, Part VI, Section B, Line 15A LGECCU USES SURVEY DATA DURING AN ANNUAL REVIEW PROCESS TO DETERMINE THE REASONABLENESS OF ALL COMPENSATION AND BENEFITS. Form 990, Part VI, Section B, Line 15B THE REVIEW OF THE CEOS COMPENSATION IS A FUNCTION OF THE BOARD OF DIRECTORS. ANNUALLY, THE BOARD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY TO DETERMINE THE CEOS COMPENSATION. FOR ALL OTHER POSITIONS IN THE ORGANIZATION, PAY RANGES ARE REVIEWED AND APPROVED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS UTILIZING DATA FROM AN INDEPENDENT COMPENSATION STUDY. Form 990, Part VI, Section C, Line 19 THE CREDIT UNIONS GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON NCUA.GOV VIA THE QUARTERLY 5300 FILING. LGE INSURANCE SERVICES LLC 430 COMMMERCE PARK DR MARIETTA GA 30060 272540699 INSURANCE SALES GA 527083 598989 LGECCU