2014-05-14T13:15:09-07:00 2013-12-31 990 2013-01-01 036008252 ONE CREDIT UNION ONEC 8028864228 380 RIVER STREET SPRINGFIELD VT 05156 Rhoda Stevens Accountant 8028864228 2014-05-14 2013 2015-11-30 17:44:51Z JERRY CROSS 380 RIVER ST SPRINGFIELD VT 05156 6039074 0 X www.onecu.org X 1952 VT PROVIDING FINANCIAL SERVICES 9 9 62 12 0 0 0 0 5139165 5794803 267246 244271 0 0 5406411 6039074 0 0 529519 524818 2537710 2882090 0 0 0 2247070 2598688 5314299 6005596 92112 33478 130460265 131172928 115476306 116408880 14983959 14764048 THE PURPOSE OF THIS CREDIT UNION IS TO PROMOTE THRIFT AMONG ITS MEMBERS BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT FOR PROVIDENT OR PRODUCTIVE PURPOSES AT A REASONABLE RATE OF INTEREST, AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT. 0 0 THE PURPOSE OF THIS CREDIT UNION IS TO PROMOTE THRIFT AMONG ITS MEMBERS BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS, TO CREATE FOR THEM A SOURCE OF CREDIT FOR PROVIDENT OR PRODUCTIVE PURPOSES AT A REASONABLE RATE OF INTEREST, AND TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 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 1 4034 0 1 62 1 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 1 1 0 VT X ONE CREDIT UNION 8028864228 380 RIVER STREET SPRINGFIELD VT 05156 JEFF TAFT CHAIRMAN/BOARD OF DIRECTORS 1 0 X 0 0 0 ROBERT REARDON TREASURER/BOARD OF DIRECTORS 1 0 X 0 0 0 JOHN CLARK DIRECTOR 1 0 X 0 0 0 JACK MITCHELL DIRECTORS 1 0 X 0 0 0 RICHARD NORTH VICE CHAIRPERSON, BOARD MEMBER 1 0 X 0 0 0 LINDA MOORE SECRETARY, BOARD MEMBER 1 0 X 0 0 0 KAREN GRADY DIRECTOR 1 0 X 0 0 0 BARBARA MENARD DIRECTOR 1 0 X 0 0 0 C MARTIN PREVOST DIRECTOR 1 0 X 0 0 0 JERRY CROSS CEO/PRESIDENT 45 0 X 107243 0 0 TIMOTHY GOLDEN SENIOR VICE PRESIDENT 45 0 X 102170 0 0 209413 0 0 2 0 0 0 0 0 LOAN INTEREST INCOME 522130 4141542 4141542 0 0 PROGRAM SERVICE FEES 522130 1653261 1653261 0 0 0 0 0 0 5794803 244271 244271 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6039074 6039074 0 0 0 0 0 524818 0 0 2134437 30733 534060 182860 0 53933 97643 0 0 0 370412 134917 687417 248815 0 268221 38145 0 0 3 0 83958 64131 LOAN SERVICE EXPENSE 227013 PROVISION FOR LOAN LOSS 236431 MEMBER'S INSURANCE 60360 27289 6005596 0 0 0 1944087 1372662 43467632 38255177 0 0 47262 0 0 79072698 85287919 0 140272 120287 4736486 1803400 2649945 2933086 0 0 0 0 3185631 3156535 130460265 131172928 219312 357813 115256994 116051067 115476306 116408880 X 0 0 0 0 14983959 14764048 14983959 14764048 130460265 131172928 X 33478 -212200 0 0 0 -41189 X 1 1 0 0 0 575073 575073 0 3039920 1171208 1868712 0 224267 163267 61000 0 897226 468925 428301 0 0 0 0 2933086 MEMBER DEPOSITS 116051067 116051067 JOHN CLARK BOARD MEMBER HOME EQUITY X 16256 10937 0 1 1 WILLIAM JOHN MITCHELL BOARD MEMBER VISA CREDIT CARD X 3000 229 0 1 1 WILLIAM JOHN MITCHELL BOARD MEMBER NEW AUTO X 8200 3153 0 1 1 LINDA MOORE BOARD SECRETARY SHARE PLEDGE X 23000 2828 0 1 1 LINDA MOORE BOARD SECRETARY HOME EQUITY X 325000 272553 0 1 1 RICHARD NORTH BOARD VICE CHAIRMAN HOME EQUITY X 24600 17300 0 1 1 C MARTIN PREVOST BOARD MEMBER VISA CREDIT CARD X 2500 1468 0 1 1 LINDA MOORE BOARD SECRETARY HOME EQUITY X 18781 15333 0 1 1 C MARTIN PREVOST BOARD MEMBER HOME EQUITY X 67000 63041 0 1 1 C MARTIN PREVOST BOARD MEMBER NEW AUTO X 30673 16988 0 1 1 C MARTIN PREVOST BOARD MEMBER TRAILER X 17000 11459 0 1 1 ROBERT REARDON BOARD TREASURER VISA CREDIT CARD X 1000 765 0 1 1 JEFFERY TAFT BOARD CHAIRMAN VISA CREDIT CARD X 17000 783 0 1 1 416837 Form 990, Part VI, Section A, Line 6 MEMBERS Form 990, Part VI, Section A, Line 7a MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEMBERSHIP MEETING Form 990, Part VI, Section B, Line 11b NO FORMAL REVIEW WAS CONDUCTED WITH ALL MEMBERS OF THE GOVERNING BODY Form 990, Part VI, Section B, Line 12c POLICY IS REVIEWED ANNUALLY Form 990, Part VI, Section B, Line 15 THE GOVERNING BODY SET THE COMPENSATION LEVEL FOR THE CEO USING INDUSTRY SALARY DATA AND COST OF LIVING INDEXES. Form 990, Part VI, Section C, Line 19 UPON REQUEST Form 990, Part XI, Line 9 2012 WAS REVIEWED BY CPA FIRM AND ENTRIES WERE MADE IN 2013