2014-08-19T07:45:05-05:00 2013-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT SUITE 500 AUBURN HILLS MI 48326 990 2013-01-01 381582963 CREDIT UNIONS CHARTERED IN THE STATE OF CENTRAL MACOMB COMMUNITY CREDIT UNION CRED 5864667800 PO BOX 2800 MT CLEMENS MI 48046 DREMA D ISAAC PRESIDENT/CEO 5864667800 2014-08-19 1 LYNNE HUISMANN P00053811 2483757100 2013 2015-11-30 17:44:51Z DREMA D ISAAC PO BOX 2800 MT CLEMENS MI 48046 15534517 0 1359 X WWW.CMCCU.COM X 1957 MI TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND 7 7 78 7 28865 15275 0 0 7705380 7263749 542120 818151 199688 227344 8447188 8309244 0 0 0 0 2534323 2853415 0 0 0 3950512 3906291 6484835 6759706 1962353 1549538 156093439 164498280 141125693 148531953 14967746 15966327 TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND. 0 0 PROMOTED THRIFT TO 16,077 MEMBERS BY OFFERING LOANS, DEPOSITS, AND OTHER FINANCIAL INSTRUMENTS. 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 1 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 3211 0 1 78 1 1 1 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X MELINDA REDMAN 5864667800 PO BOX 2800 MT CLEMENS MI 48046 JOSEPH D KAY FORMER CHAIRPERSON 2.00 X X 0 0 0 JAMES D ELLIS VICE-CHAIRPERSON 2.00 X X 0 0 0 CHRISTINA J NUTTALL SECRETARY 2.00 X X 0 0 0 EDWARD J COTTER BOARD MEMBER 2.00 X 0 0 0 RAYMOND W WHITE JR CHAIRPERSON 2.00 X X 0 0 0 CLIFFORD BROWN TREASURER 2.00 X X 0 0 0 JEFFREY BRUSS BOARD MEMBER 2.00 X 0 0 0 JAMES MILLER BOARD MEMBER 2.00 X 0 0 0 DREMA ISAAC PRESIDENT/CEO 40.00 X 211676 0 34273 MELINDA REDMAN VICE PRESIDENT 40.00 X 91352 0 7275 PETER MANCINI VICE PRESIDENT 40.00 X 41374 0 5272 HOWARD BROWN VICE PRESIDENT 40.00 X 26726 0 0 PAULA ROSE VICE PRESIDENT 40.00 X 66631 0 8267 CRYSTAL GRACZ VICE PRESIDENT 40.00 X 71326 0 12813 JOESEPH HALLMAN FORMER VICE PRESIDENT 40.00 X 27267 0 2708 536352 0 70608 1 0 1 0 FISERV 255 FISERV DRIVE PO BOX 979 BROOKFIELD WI 530080979 DATA PROCESSING AND CORE SERVICES 573029 1 INTEREST ON LOANS RECEIVABLE 522100 4768876 4768876 FEES AND CHARGES 522100 2494873 2494873 7263749 621025 621025 6430586 991813 6375523 849750 55063 142063 197126 197126 INSURANCE PRODUCT SALE 524298 198479 198479 NON MEMBER ATM FEES 525990 28865 28865 227344 8309244 8083253 28865 197126 X 606960 1721759 74432 231696 218568 44279 35200 160890 161364 197853 180804 117166 19011 2842 828742 329121 515 TAX EXPENSE 9451 DEBIT/CREDIT CARD EXPEN 396862 LOAN SERVICING EXPENSE 284133 MISCELLANEOUS 278410 859648 6759706 9170586 14071059 88547375 86988674 133056 205196 6166483 1934380 4058550 4232103 49551889 54179265 4631983 4821983 156093439 164498280 1172439 1308593 185060 139953254 147038300 141125693 148531953 X 0 0 0 0 14967746 15966327 14967746 15966327 156093439 164498280 1549538 -550957 0 X X 0 1 X 1 0 0 1 X 1509638 1509638 3190726 1218447 1972279 6778 4369 2409 1213687 711564 502123 245654 245654 4232103 CERTIFICATES OF DEPOSIT 21309948 F AVAILABLE FOR SALE SECURITIES 24708874 F CORPORATE CAPITAL 545900 C FHLB STOCK 619800 C SBA POOLS 6994743 F 54179265 MEMBER SHARES 147038300 147038300 8309244 0 8309244 0 8309244 6759706 0 6759706 0 6759706 PART IV, LINE 2B: ESCROW ACCOUNT IS HELD FOR TAXES, INSURANCE, AND MORTGAGE INSURANCE FOR SOME MORTGAGE LOANS. X 1 1 X X 0 1 0 DREMA ISAAC PRESIDENT/CEO 204325 0 6966 0 385 0 18767 0 15506 0 245949 0 0 0 PART I, LINE 1A PRESIDENT/CEO - NOT TREATED AS TAXABLE PART I, LINE 4B THE PRESIDENT/CEO, DREMA ISAAC, PARTICIPATES IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN. DREMA ISAAC DID NOT RECEIVE ANY PAYMENTS FROM THE PLAN IN THE CURRENT YEAR. FORM 990, PART VI, SECTION A, LINE 6 ALL ACCOUNT HOLDERS ARE REFERRED TO AS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL OF THE CREDIT UNION MEMBERS (CUSTOMERS) VOTE FOR THE DIRECTORS ON A YEARLY BASIS. FORM 990, PART VI, SECTION B, LINE 11 THE VP OF FINANCE REVIEWS THE FORM 990 AND PRODUCES A MEMO TO THE BOARD OUTLINING THE UBIT TAXES, ALONG WITH PROVIDING THEM A LINK TO THE 990 IF THEY CHOOSE TO VIEW IT. FORM 990, PART VI, SECTION B, LINE 12C A REVIEW IS COMPLETED AT VARIOUS TIMES THROUGH THE YEAR. COMPLIANCE WITH THE POLICY IS MONITORED BY THE VP OF HUMAN RESOURCES. EMPLOYEES MUST DISCLOSE ANY CONFLICTS WHEN HIRED AS THEY ARE NOT ALLOWED TO PROCESS TRANSACTIONS WHEN THERE IS A RELATIONSHIP WITH A MEMBER AND CAN BE TERMINATED FOR FAILURE TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS REVIEWED AND APPROVED BY THE BOARD. THE PROCESS WAS LAST UNDERTAKEN IN SEPTEMBER OF 2013. THE BOARD REVIEWS AND APPROVES ANNUALLY THE SALARY ADMINISTRATION POLICY FOR OFFICERS AND EMPLOYEES. ALL SALARY INCREASES ARE DOCUMENTED IN WRITING. VARIOUS TRADE SALARY AND BENEFIT SURVEYS WERE USED TO ASSIST IN SETTING SALARY OF THE OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E SERVICE CENTER EXPENSE 266,568. ATM EXPENSE 245,928. MANAGER/STAFF EXPENSE 122,863. REPAIRS AND MAINTENANCE 90,939. NCUA IMPAIRMENT 63,627. PROVISION FOR LOAN LOSS 59,658. DUES AND SUBSCRIPTIONS 10,065. FORM 990, PART XII, LINE 2C WE HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF OUR FINANACIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. OUR PROCESS HAS NOT CHANGED FOR THE PRIOR YEAR.