SOUTHWEST 66 CREDIT UNION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: SOUTHWEST 66 CREDIT UNION (EIN 75-0815084)
Tax period: 2013-01-01 to 2013-12-31
Filed: 2014-06-09
IRS object ID: 201401639349300310
Schema version: 2013v3.1
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-06-09T11:53:47-00:00	ReturnTs
Tax Period End	2013-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RANDY SILHAN CPA CFE	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2817 JBS PARKWAY C-202	AddressLine1
City	ODESSA	City
State	TX	State
ZIP Code	79762	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	750815084	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SOUTHWEST 66 CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	SOUT	BusinessNameControlTxt
Phone	4323636600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 12010	AddressLine1
City	ODESSA	City
State	TX	State
ZIP Code	79768	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SHAWNA ORONA	PersonNm
Person Title	AVP CONTROLLER	PersonTitleTxt
Signature	2014-06-09	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RANDY SILHAN	PreparerPersonNm
Phone	4325800204	PhoneNum
Preparation	2014-06-09	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	SEAN CAHILL	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 12010	AddressLine1
City	ODESSA	City
State	TX	State
ZIP Code	79768	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$4,635,550	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	www.southwest66.com	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1949	FormationYr
Legal Domicile State	TX	LegalDomicileStateCd
Activity Or Mission	Cooperative provider of credit union services such as savings accounts, checking accounts, and consumer loans.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	59	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$8,925	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$3,528,002	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,032,676	CYProgramServiceRevenueAmt
PY Investment Income	$290,056	PYInvestmentIncomeAmt
CY Investment Income	$249,936	CYInvestmentIncomeAmt
PY Other Revenue	$188,698	PYOtherRevenueAmt
CY Other Revenue	$352,938	CYOtherRevenueAmt
PY Total Revenue	$4,006,756	PYTotalRevenueAmt
CY Total Revenue	$4,635,550	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,583,153	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,751,465	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,842,370	PYOtherExpensesAmt
CY Other Expenses	$2,039,193	CYOtherExpensesAmt
PY Total Expenses	$3,425,523	PYTotalExpensesAmt
CY Total Expenses	$3,790,658	CYTotalExpensesAmt
PY Revenues Less Expenses	$581,233	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$844,892	CYRevenuesLessExpensesAmt
Total Assets BOY	$77,531,118	TotalAssetsBOYAmt
Total Assets EOY	$82,513,548	TotalAssetsEOYAmt
Total Liabilities BOY	$70,215,457	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$74,474,897	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$7,315,661	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,038,651	NetAssetsOrFundBalancesEOYAmt
Mission	Cooperative provider of credit union services such as savings accounts, checking accounts, and consumer loans.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	SHARE ACCOUNTS MEMBER SHARE ACCOUNTS PAY DIVIDENDS QUARTERLY.	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	false	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	6488	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	59	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Indoor Tanning Services	false	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	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	TX	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	SHAWNA ORONA	PersonNm
Phone	4323636600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 12010	AddressLine1
City	ODESSA	City
State	TX	State
ZIP Code	79768	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
KRIS CROW
Board Chair	001.00	Yes (X)	Yes (X)	$0	$0	$0
SL CRAIGHEAD
Board Vice Chair	001.00	Yes (X)	Yes (X)	$0	$0	$0
TERRY LOUVIN
Board Secretary	001.00	Yes (X)	Yes (X)	$0	$0	$0
JACK BAIN
Board Treasurer	001.00	Yes (X)	Yes (X)	$0	$0	$0
TOM SPRAWLS
Director	001.00	Yes (X)		$0	$0	$0
TOMMY SHEEN
Director	001.00	Yes (X)		$0	$0	$0
JERRY RENO
Director	001.00	Yes (X)		$0	$0	$0
SEAN CAHILL
President CEO	040.00		Yes (X)	$148,956	$0	$0	Yes (X)
MELISSA DALE
EVP COO	040.00		Yes (X)	$95,265	$0	$0
WILLIAM DUKE
SVP CIO	040.00		Yes (X)	$57,540	$0	$0
SHAWNA ORONA
AVP Controller	040.00		Yes (X)	$56,426	$0	$0
AARON CHAVEZ
AVP Marketing	040.00		Yes (X)	$38,205	$0	$0
KYLE CLIFTON
AVP Controller	040.00		Yes (X)	$39,932	$0	$0
DIANA BARRERAZ
AVP/Compliance Mgr	040.00		Yes (X)	$58,226	$0	$0
MIQUELA ACOSTA
AVP/Lending Mgr	040.00		Yes (X)	$44,418	$0	$0
LISA BROOKS
AVP/Operations Mgr	040.00		Yes (X)	$55,982	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$594,950	TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1	CityContractorAddress/USAddress/City	StateContractorAddress/USAddress/State	ZIP CodeContractorAddress/USAddress/ZIPCode	ServicesServicesDesc	CompensationCompensationAmt
American Service Group
PO Box 3400	Conroe	TX	77305	Back end products provider	$386,474
Blue Cross Blue Shield
PO Box 731428	Dallas	TX	75373	Health insurance	$145,408
Cuna Mutual Group
PO Box 2964	Milwaukee	WI	53201	Bond insurance	$110,918
Open Solutions Inc
PO Box 416564	Boston	MA	00241	Core data processing provider	$137,247
TransFund
PO Box 2300	Tulsa	OK	74192	Debit card processor	$148,742

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LOAN INTEREST INCOME	522100	$2,813,210	$2,813,210
FEES AND CHARGES	522100	$1,219,466	$1,219,466

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,032,676	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$249,936	TotalRevenueColumnAmt
Related Or Exempt Func Income	$249,936	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
WARRANTY SALES	522100	$77,737	$77,737
GAP CL/CD INSURANCE	522100	$275,201	$275,201

Field	Value	IRS element (for citing)
Other Revenue Total	$352,938	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,635,550	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,635,550	RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$594,950	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$840,150	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$32,076	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$159,453	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$124,836	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$12,591	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$13,431	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$23,245	TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$69,319	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$129,803	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$883,778	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$176,239	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$211,466	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$239,593	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$54,439	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
LOAN LOSS	$182,150
LOAN SERVICING	$22,435
DUES	$13,579
MISCELLANEOUS OPERATING EXPENSES	$7,125

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,790,658	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$5,982,294	BOYAmt
EOY	$7,549,800	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$28,886,000	BOYAmt
EOY	$21,115,000	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$8,568	BOYAmt
EOY	$18,536	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$40,053,260	BOYAmt
EOY	$41,830,437	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$71,911	BOYAmt
EOY	$128,039	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$4,287,966	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$2,677,932	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,724,018	BOYAmt
EOY	$1,610,034	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
EOY	$9,389,437	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$805,067	BOYAmt
EOY	$872,265	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$77,531,118	BOYAmt
EOY	$82,513,548	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,196,287	BOYAmt
EOY	$197,339	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$69,019,170	BOYAmt
EOY	$74,277,558	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$70,215,457	BOYAmt
EOY	$74,474,897	EOYAmt

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

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$7,315,661	BOYAmt
EOY	$8,038,651	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,315,661	BOYAmt
EOY	$8,038,651	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$77,531,118	BOYAmt
EOY	$82,513,548	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$844,892	ReconcilationRevenueExpnssAmt
Prior Period Adjustments	-$121,902	PriorPeriodAdjustmentsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Incl Escrow Custodial Acct Liab	false	InclEscrowCustodialAcctLiabInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$98,074	OtherCostOrOtherBasisAmt
Book Value	$98,074	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,202,273	OtherCostOrOtherBasisAmt
Depreciation	$1,049,070	DepreciationAmt
Book Value	$1,153,203	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$60,070	OtherCostOrOtherBasisAmt
Depreciation	$53,699	DepreciationAmt
Book Value	$6,371	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,888,014	OtherCostOrOtherBasisAmt
Depreciation	$1,557,207	DepreciationAmt
Book Value	$330,807	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$39,535	OtherCostOrOtherBasisAmt
Depreciation	$17,956	DepreciationAmt
Book Value	$21,579	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,610,034	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc
Financial derivatives and other financial products
Closely-held equity interests

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Federal income taxes
SHARE ACCOUNTS AND CERTIFICATES OF DEPOSIT	$74,277,558

Field	Value	IRS element (for citing)
Total Liability	$74,277,558	TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, Line 6	All members are stockholders.
Form 990, Part VI, Section A, Line 7a	Members elect the board of directors who make decisions for the credit union.
Form 990, Part VI, Section A, Line 7b	Members have the right to elect new directors.
Form 990, Part VI, Section B, Line 11b	Board members and executive management review the 990 prior to filing.
Form 990, Part VI, Section B, Line 12c	Directors are made aware of the policy and it is monitored by the board of directors.
Form 990, Part VI, Section B, Line 15b	The board reviews compensation of the CEO and does a performance evaluation annually.
Form 990, Part VI, Section C, Line 19	Governing documents, financial statements, and the 990 are available for inspection at the credit unions office in Odessa, Texas.