STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0857430)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-08-12
IRS object ID: 201312249349302316
Schema version: 2012v2.2
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 J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-08-12T04:09:31-00:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ORTH CHAKLER MURNANE AND CO CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	12060 SW 129 COURT SUITE 201	AddressLine1
City	MIAMI	City
State	FL	State
ZIP Code	33186	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	590857430	EIN

Name Name

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

Field	Value	IRS element (for citing)
Name Control	FLOR	NameControl
Phone	8138793333	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3333 HENDERSON BLVD	AddressLine1
City	TAMPA	City
State	FL	State
ZIP Code	33679	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JIM PARISI	Name
Title	SVPCFO	Title
Date Signed	2013-08-12	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone
Date Prepared	2013-08-12	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Name Of Principal Officer Business NameOfPrincipalOfficerBusiness

Field	Value	IRS element (for citing)
Business Name Line1	LAIDA E GARCIA	BusinessNameLine1

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	3333 HENDERSON BLVD	AddressLine1
City	TAMPA	City
State	FL	State
ZIP Code	33609	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	21025922	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2106	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	www.fccuonline.com	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1991	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	floridacentral CREDIT UNION IS A MEMBER OWNED COOPERATIVE DEDICATED TO PROMOTING THRIFT AND PROVIDING ITS MEMBERS WITH COMPETITIVELY PRICED, QUALITY FINANCIAL SERVICES WHILE MAINTAINING SERVICE IN A PROFESSIONAL, ACCURATE AND EFFICIENT MANNER TO ALL MEMBERS REGARDLESS OF SOCIO-ECONOMIC STATUS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	6	NbrIndependentVotingMembers
Total Nbr Employees	162	TotalNbrEmployees
Total Nbr Volunteers	9	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	17153494	ProgramServiceRevenuePriorYear
Program Service Revenue CY	17643074	ProgramServiceRevenueCY
Investment Income Prior Year	1947351	InvestmentIncomePriorYear
Investment Income Current Year	2465440	InvestmentIncomeCurrentYear
Other Revenue Prior Year	343431	OtherRevenuePriorYear
Other Revenue Current Year	456798	OtherRevenueCurrentYear
Total Revenue Prior Year	19444276	TotalRevenuePriorYear
Total Revenue Current Year	20565312	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	5788665	SalariesEtcPriorYear
Salaries Etc Current Year	6432913	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	12081046	OtherExpensePriorYear
Other Expenses Current Year	11841459	OtherExpensesCurrentYear
Total Expenses Prior Year	17869711	TotalExpensesPriorYear
Total Expenses Current Year	18274372	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1574565	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2290940	RevenuesLessExpensesCY
Total Assets BOY	356257822	TotalAssetsBOY
Total Assets EOY	384383811	TotalAssetsEOY
Total Liabilities BOY	324020003	TotalLiabilitiesBOY
Total Liabilities EOY	351831346	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	32237819	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	32552465	NetAssetsOrFundBalancesEOY
Mission Description	floridacentral CREDIT UNION IS A MEMBER OWNED COOPERATIVE DEDICATED TO PROMOTING THRIFT AND PROVIDING ITS MEMBERS WITH COMPETITIVELY PRICED, QUALITY FINANCIAL SERVICES WHILE MAINTAINING SERVICE IN A PROFESSIONAL, ACCURATE AND EFFICIENT MANNER TO ALL MEMBERS REGARDLESS OF SOCIO-ECONOMIC STATUS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transaction Related Entity	true	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	16241	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	162	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	6	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	JAMES S PARISI	NamePerson
Telephone Number	8133876112	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3333 HENDERSON BLVD	AddressLine1
City	TAMPA	City
State	FL	State
ZIP Code	33609	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee
LAIDA E GARCIA
CEO/TREASURER OF THE BOARD	040.00	040.00	X	X	350415	0	44297
NED HINES
CHAIRMAN OF THE BOARD	001.00	001.00	X		0	0	0
DAVE KELSEY
VICE CHAIRMAN OF THE BOARD	001.00	001.00	X		1420	0	0
WANDA CHAMPION
SECRETARY OF THE BOARD	001.00	001.00	X		0	0	0
MARGARET SPURRIER
BOARD DIRECTOR	001.00	001.00	X		1420	0	0
STEPHEN SHEAR
BOARD DIRECTOR	001.00	001.00	X		1420	0	0
STEVIE OSTERLAND
BOARD DIRECTOR	001.00	001.00	X		1420	0	0
JAMES S PARISI
CFO	040.00	040.00		X	167125	0	16554
JULIE FLATT
SVP/COO	040.00	040.00			134898	0	18959	X
PATRICIAL WEDDELL
IT MANAGER	040.00	040.00			112935	0	14036	X
JOSEPH MATTA
ACCOUNTING MANAGER	040.00	040.00			103341	0	12915	X
THOMAS CHESNUTT
DIRECTOR OF SALES	040.00	040.00			102664	0	3438	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	977058	TotalReportableCompFromOrg
Total Other Compensation	110199	TotalOtherCompensation
Number Individuals GT100 K	6	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
PSCU FINANCIAL SERVICES
560 CARILLON PARKWAY	ST PETERSBURG	FL	33176	DEBIT CREDIT E-SERVICES	883122
COX RADIO
PO BOX 861852	ORLANDO	FL	32886	RADIO ADVERTISING	380502
BANCVUE
PO BOX 527	LUBBOCK	TX	79408	REWARD CHECKING	244222
BUTTERFLY INFORMATION TECHNOLOGY
11950 NW 39TH ST	CORAL SPRINGS	FL	33065	MAILING HOUSE	274095
FISERV
75 REMITTANCE DRIVE SUITE 6945	CHICAGO	IL	60675	IN HOUSE CORE PROCESSOR	265147

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	11	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INTEREST ON LOANS	522100	11839337	11839337
FEES/CHARGES/OTHER	522100	5803737	5803737

Field	Value	IRS element (for citing)
Total Program Service Revenue	17643074	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2146180	TotalRevenueColumn
Related Or Exempt Function Income	2146180	RelatedOrExemptFunctionIncome

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	215395	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	93180	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	122215	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	122215	TotalRevenueColumn
Related Or Exempt Function Income	122215	RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	686690	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	367430	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	319260	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	319260	TotalRevenueColumn
Related Or Exempt Function Income	319260	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER NON OPERATING INCOME	Description
Business Code	522100	BusinessCode
Total Revenue Column	334583	TotalRevenueColumn
Related Or Exempt Function Income	334583	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	334583	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	20565312	TotalRevenueColumn
Related Or Exempt Function Income	20565312	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	584071	Total
Program Services	584071	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	4594844	Total
Program Services	4594844	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	31931	Total
Program Services	31931	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	811998	Total
Program Services	811998	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	410069	Total
Program Services	410069	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	16628	Total
Program Services	16628	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	74158	Total
Program Services	74158	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	60000	Total
Program Services	60000	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

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

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	99592	Total
Program Services	99592	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1183257	Total
Program Services	1183257	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1556870	Total
Program Services	1556870	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	225962	Total
Program Services	225962	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	884728	Total
Program Services	884728	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	162829	Total
Program Services	162829	ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	13662	Total
Program Services	13662	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	2682886	Total
Program Services	2682886	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	635505	Total
Program Services	635505	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	522174	Total
Program Services	522174	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	SEE ATTACHED SCHEDULE	Description
Total	3723208	Total
Program Services	3723208	ProgramServices

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	18274372	Total
Program Services	18274372	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	3113679	BOY
EOY	3432987	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	49380663	BOY
EOY	44928968	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1023691	BOY
EOY	1517458	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	189466448	BOY
EOY	207283646	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	5163474	BOY
EOY	3252865	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	17211096	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	4592496	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	10837916	BOY
EOY	12618600	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	81630415	BOY
EOY	95351848	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	660841	BOY
EOY	712259	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	14980695	BOY
EOY	15285180	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	356257822	BOY
EOY	384383811	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3948011	BOY
EOY	5336478	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	320071992	BOY
EOY	346494868	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	324020003	BOY
EOY	351831346	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	32237819	BOY
EOY	32552465	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	32237819	BOY
EOY	32552465	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	356257822	BOY
EOY	384383811	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	2290940	ReconcilationRevenueExpenses
Reconcilation Other Changes	-1976294	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Consolidated	X	FinancialStatementConsolidated

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	5273429	OtherCostOrOtherBasis
Book Value	5273429	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	5673398	OtherCostOrOtherBasis
Depreciation	696202	Depreciation
Book Value	4977196	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	263817	OtherCostOrOtherBasis
Depreciation	53464	Depreciation
Book Value	210353	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	6000452	OtherCostOrOtherBasis
Depreciation	3842830	Depreciation
Book Value	2157622	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	12618600	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

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

Other Liabilities OtherLiabilities (12 entries)

DescriptionDescription	AmountAmount
Federal income taxes
REGULAR SHARES	$106,765,597
CHRISTMAS CLUB	$267,545
TIME DEPOSITS	$36,495,310
CHECKING ACCOUNTS	$24,542,285
ULTIMATE CHECKING	$133,264,316
IRA ACCOUNTS	$10,732,041
IRA CERTIFICATES	$10,362,618
MONEY MARKETS	$21,350,789
ESCROW	$2,658
REGULAR SHARE BUSINESS	$503,151
SHARE DRAFT BUSINESS	$2,208,558

Field	Value	IRS element (for citing)
Total Of Amounts	346494868	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII

Form990 Schedule D Part XIII Form990ScheduleDPartXIII

Field	Value	IRS element (for citing)
Identifier	X	Identifier
Return Reference	2	ReturnReference
Explanation	THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE, AND LOCAL TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND STATE TAX LAWS. THE INCOME TAXES TOPIC OF THE FASB ASC CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE MORE LIKELY THAN NOT STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION AS DEFINED IN THE INTERNAL REVENUE CODE IRC SECTION 501C14. AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES DIRECTLY RELATED TO ITS EXEMPT PURPOSES. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME UBI DERIVED BY STATE-CHARTERED CREDIT UNIONS. BEGINNING IN MARCH 2008, THE IRS RELEASED TECHNICAL ADVICE MEMORANDUMS TO SPECIFIC STATE CHARTERD CREDIT UNIONS SPECIFYING THE REVENUE SOURCES SUBJECT TO UNRELATED BUSINESS INCOME TAX UBIT. UBI MAY ALSO BE SUBJECT TO TAX IN CERTAIN STATES. AS A RESULT OF ADOPTING THE INCOME TAX TOPIC OF THE FASB ASC, THE CREDIT UNION HAS ASSESSED ITS ACTIVITIES AND ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED NO LIABILITY EXISTS FROM FEDERAL OR STATE TAXATION OF ACTIVITIES DEEMED TO BE UNRELATED TO ITS EXEMPT PURPOSE. AS SUCH, THE CREDIT UNION HAS NOT FILED TAX RETURNS FOR REPORTING UBIT-RELATED INCOME FOR TAX YEARS PRIOR TO JUNE 30, 2012. THE IRS AND STATE, WHERE APPLICABLE, HAVE THE ABILITY TO ASSESS TAXES, PENALTIES AND INTEREST FOR YEARS IN WHICH NO TAX RETURN WAS FILED. MANAGEMENT HAD DETERMINED THAT THE FINANCIAL IMPACT, IF ANY, OF NOT FILING UBIT-RELATED INCOME TAX RETURNS IN PREVIOUS YEARS WOULD NOT BE MATERIAL TO THE CREDIT UNIONS CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2012 AND 2011.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
LAIDA E GARCIA
CEO/TREASURER OF THE BOARD	279590	70825	34937	9360	394712
JAMES S PARISI
CFO	135344	31781	8537	8017	183679
JULIE FLATT
SVP/COO	111698	23200	6392	12567	153857

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
I	4b	DURING 2012, THE CREDIT UNION ACCRUED 10,829 FOR A DEFERRED COMPENSATION PLAN FOR LAIDA GARCIA.
I	4b	DURING 2012, THE CREDIT UNION FUNDED 17,000 FOR LAIDA GARCIAS 457b PLAN BENEFIT.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

ExplanationExplanation
Form 990 Part VI Section A Line 7A CREDIT UNION IS A NOT FOR PROFIT, MEMBER OWNED COOPERATIVE. MEMBERS ARE INVOLVED IN ELECTIONS OF BOARD MEMBERS AND TRANSACTIONS THAT REQUIRE THEIR PARTICIPATION.
Form 990 Part VI Section B Line 11 SUBSEQUENT TO FILING, A COPY OF FORM 990 IS REVIEWED BY BOARD MEMBERS AND REVIEW IS DOCUMENTED ON THE BOARD OF DIRECTORS MINUTES.
Form 990 Part VI Section B Line 15A AND 15B A WRITTEN PERFORMANCE REVIEW IS CONDUCTED ANNUALLY ON ALL EMPLOYEES, INCLUDING TOP MANAGEMENT OFFICIALS AND THE CEO. COMPENSATION IS DETERMINED BY ESTABLISHING JOB GRADES AND PAY RANGES UTILIZING COMPENSATION STUDIES PREPARED AND REVIEWED AT LEAST ANNUALLY BY AN INDEPENDENT THIRD PARTY VENDOR. LIKEWISE, THE BOARD OF DIRECTORS UTILIZES THE SERVICES AND EXPERTISE OF AN INDEPENDENT THIRD-PARTY COMPENSATION FIRM TO ESTABLISH THE CEOS COMPENSATION. THEY ARE ASSISTED IN THE REVIEW PROCESS BY THE VICE PRESIDENT OF HUMAN RESOURCES, WHO ALSO MENTIONS ALL RELATED DOCUMENTATION AND RECORDS.
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 THE NCUA.GOV WEBSITE VIA THE QUARTERLY 5300 FILING.
Form 990 Part VI Section A Line 6 THE ORGANIZATION HAS MEMBERS.
Form 990 Part XI Line 9 NET PENSION LOSSES.

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	MEMBER SERVICES CORPORATION	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 18605	AddressLine1
City	TAMPA	City
State	FL	State
ZIP Code	336798605	ZIPCode

Field	Value	IRS element (for citing)
EIN	592678556	EIN
Primary Activity	CREDIT UNION SUPPORT SERVICE	PrimaryActivity
Legal Domicile State	FL	LegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	FLORIDA CENTRAL CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Type Of Entity	C Corp	TypeOfEntity
Share Of Total Income	529882	ShareOfTotalIncome
Share Of EOY Assets	303019	ShareOfEOYAssets
Percentage Ownership	1.00000	PercentageOwnership
Controlled Org	true	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	false	DividendsRelatedOrganization
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	true	SharingOfFacilities
Sharing Of Paid Employees	true	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
MEMBER SERVICES CORPORATION INC
n	20376	actual
MEMBER SERVICES CORPORATION INC
o	13387	actual