2013-08-12T14:21:51-07:00 2012-12-31 990 2012-01-01 036008252 ONE CREDIT UNION ONEC 8028864228 380 RIVER STREET SPRINGFIELD VT 05156 Rhoda Stevens 8028864228 2013-08-08 2012 2016-02-24 21:20:13Z JERRY CROSS 380 RIVER STREET SPRINGFIELD VT 05156 5406411 0 X www.onecu.org X 1952 VT PROVIDING FINANCIAL SERVICES 9 9 60 9 0 0 0 0 4660211 5139165 371290 267246 0 0 5031501 5406411 0 0 601111 529519 2757533 2537710 0 0 0 2492863 2247070 5851507 5314299 -820006 92112 123886563 130460265 108846684 115476306 15039879 14983959 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 3986 0 1 60 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 1 0 X 0 0 0 ROBERT REARDON 1 0 X 0 0 0 JOHN CLARK 1 0 X 0 0 0 JACK MITCHELL 1 0 X 0 0 0 RICHARD NORTH 1 0 X 0 0 0 LINDA MOORE 1 0 X 0 0 0 KAREN GRADY 1 0 X 0 0 0 BARBARA MENARD 1 0 X 0 0 0 C MARTIN PREVOST 1 0 X 0 0 0 JERRY CROSS 45 0 X 101888 0 0 TIMOTHY GOLDEN 45 0 X 93742 0 0 195630 0 0 1 0 0 0 0 0 LOAN INTEREST INCOME 522130 4033600 4033600 0 0 PROGRAM SERVICE FEES 522130 1105565 1105565 0 0 0 0 0 0 5139165 267246 267246 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5406411 5406411 0 0 0 0 0 529519 0 0 1821972 36886 525361 153491 0 58039 8775 0 0 0 80947 129249 886566 58815 0 267356 38186 0 0 25 0 84879 0 LOAN SERVICE EXPENSE 207278 PROVISION FOR LOAN LOSS 219924 MEMBERS INSURANCE 185016 22015 5314299 0 0 0 2435813 1944087 36413921 43467632 0 0 0 0 0 0 0 78704556 79072698 0 179642 140272 4366867 1716922 2829187 2649945 0 0 0 0 3323444 3185631 123886563 130460265 209910 219312 108636774 115256994 108846684 115476306 X 0 0 0 0 15039879 14983959 15039879 14983959 123886563 130460265 X 92112 -212200 0 0 0 64168 X 1 1 0 0 0 497073 497073 0 2933467 1122797 1810670 0 224267 140842 83425 0 712060 453283 258777 0 0 0 0 2649945 MEMBER DEPOSITS 115256994 115256994 JOHN CLARK BOARD MEMBER HOME EQUITY X 16256 15794 0 1 1 KAREN GRADY BOARD MEMBER VISA CREDIT CARD X 22000 36 0 1 1 WILLIAM JOHN MITCHELL BOARD MEMBER NEW CARD X 8200 5887 0 1 1 WILLIAM JOHN MITCHELL BOARD MEMBER VISA X 3000 1324 0 1 1 LINDA MOORE BOARD SECRETARY MORTGAGE X 325000 289878 0 1 1 LINDA MOORE BOARD SECRETARY HOME EQUITY X 18781 12781 0 1 1 LINDA MOORE BOARD SECRETARY PLEDGE SHARE X 23000 6874 0 1 1 RICHARD NORTH BOARD VICE CHAIRPERSON HOME EQUITY X 17000 15200 0 1 1 C MARTIN PREVOST BOARD MEMBER USED AUTO X 13100 8288 0 1 1 C MARTIN PREVOST BOARD MEMBER HOME EQUITY X 67000 59490 0 1 1 C MARTIN PREVOST BOARD MEMBER NEW AUTO X 30673 21977 0 1 1 C MARTIN PREVOST BOARD MEMBER TRAILER X 17000 15424 0 1 1 ROBERT REARDON BOARD TREASURER VISA X 10000 9596 0 1 1 JEFFERY TAFT BOARD CHAIRPERSON VISA X 17000 292 0 1 1 JERRY CROSS PRESIDENT/CEO HOME EQUITY X 15500 15464 0 1 1 JERRY CROSS PRESIDENT/CEO NEW AUTO X 15022 4890 0 1 1 JERRY CROSS PRESIDENT/CEO SIGNATURE X 1000 1000 0 1 1 C MARTIN PREVOST BOARD MEMBER VISA CREDIT CARD X 2500 1653 0 1 1 TIMOTHY GOLDEN SENIOR VICE PRESIDENT USED AUTO X 27316 13619 0 1 1 499467 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 MEMBERS F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEMBERSHIP MEETING F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b NO REVIEW WAS FORMALLY CONDUCTED WITH ALL MEMBERS OF THE GOVERNING BODY F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c POLICY IS REVIEWED ANNUALLY F990_P06_S0B_L15 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. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 UPON REQUEST F990_P11_S00_L09 Form 990, Part XI, Line 9 2011 WAS REVIEWED BY CPA FIRM AND ENTRIES WERE MADE IN 2012 WE HAD A SYSTEM CONVERSION ON 04/01/13