KNOXVILLE TVA EMPLOYEES CREDIT UNIO: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: KNOXVILLE TVA EMPLOYEES CREDIT UNIO (EIN 62-0263105)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-15
IRS object ID: 201331359349309118
Schema version: 2012v2.1
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 C
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-15T19:23:51-04:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	621501873	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PETERS & ASSOCIATES PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	9040 EXECUTIVE PARK DR STE 325	AddressLine1
City	KNOXVILLE	City
State	TN	State
ZIP Code	37923	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	620263105	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	KNOXVILLE TVA EMPLOYEES CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	KNOX	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	301 WALL AVENUE	AddressLine1
City	KNOXVILLE	City
State	TN	State
ZIP Code	37901	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	GLENN SILER	Name
Title	PRESIDENT CEO	Title
Phone	8655445400	Phone
Date Signed	2013-05-13	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CRAIG PETERS	Name
PTIN	P00592909	PTIN
Phone	8656947128	Phone
Date Prepared	2013-05-15	DatePrepared

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

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	54447535	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.TVACREDITUNION.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1934	YearFormation
State Legal Domicile	TN	StateLegalDomicile
Activity Or Mission Description	STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 129,124 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES THAT MAINTAIN ACCOUNTS AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	366	TotalNbrEmployees
Total Nbr Volunteers	14	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	52083501	ProgramServiceRevenuePriorYear
Program Service Revenue CY	54447535	ProgramServiceRevenueCY
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	52083501	TotalRevenuePriorYear
Total Revenue Current Year	54447535	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	8434323	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	7623143	BenefitsPaidToMembersCY
Salaries Etc Prior Year	15778547	SalariesEtcPriorYear
Salaries Etc Current Year	17419198	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	18363276	OtherExpensePriorYear
Other Expenses Current Year	18171140	OtherExpensesCurrentYear
Total Expenses Prior Year	42576146	TotalExpensesPriorYear
Total Expenses Current Year	43213481	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	9507355	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	11234054	RevenuesLessExpensesCY
Total Assets BOY	1016050554	TotalAssetsBOY
Total Assets EOY	1124905191	TotalAssetsEOY
Total Liabilities BOY	925846298	TotalLiabilitiesBOY
Total Liabilities EOY	1026053863	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	90204256	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	98851328	NetAssetsOrFundBalancesEOY
Mission Description	STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 129,124 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES THAT MAINTAIN ACCOUNTS AND MAKE LOANS TO OUR MEMBERS. FUNDS NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	43213481	Expense
Revenue	54447535	Revenue
Description	STATE CHARTERED CREDIT UNION MUTUALLY OWNED BY OUR 129,124 MEMBERS, TO PROMOTE THRIFT, ISSUE SHARES, AND MAINTAIN ACCOUNTS AND MAKE LOANS TO OUR MEMBERS. FUND NOT NEEDED FOR LIQUIDITY OR FOR LOANS ARE TEMPORARILY INVESTED. ALL OF OUR REVENUES AND EXPENSES ARE RELATED TO THIS PURPOSE.	Description
Total Program Service Expense	43213481	TotalProgramServiceExpense
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	false	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	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	20396	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	366	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
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	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	true	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	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
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
States Where Copy Of Return Is Filed	TN	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	KNOXVILLE TVA EMP CU	NamePerson
Telephone Number	8655445400	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	301 WALL AVENUE	AddressLine1
City	KNOXVILLE	City
State	TN	State
ZIP Code	37901	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee
CARL MILLS
BOARD MEMBER	0.00	X	0	0	0
CLEO NORMAN
ASST SECRETARY	0.00	X	0	0	0
CLESTON E JONES
BOARD MEMBER	0.00	X	0	0	0
JANE PIPKIN
SECRETARY	0.00	X	0	0	0
KAMI DARAKSHANI
ASST TREASURER	0.00	X	0	0	0
NIKOLAUS JORDAN
TREASURER	0.00	X	0	0	0
PAUL E IVIE
VICE CHAIRPERSON	0.00	X	0	0	0
STEVE HILLENBRAND
CHAIRPERSON	0.00	X	0	0	0
WILLIAM H BONHAM
BOARD MEMBER	0.00	X	0	0	0
GLENN SILER
PRESIDENT CEO	40.00		363129	0	16263	X
LYNN JONES
SR VP BRANCH	40.00		238489	0	11569	X
NATHAN BROWN
CHIEF INFO OFFICER	40.00		168089	0	11860	X
REBECCA LAWSON
CHIEF SUPPORT OFFICER	40.00		152281	0	6282	X
SHANNON YORK
CFO	40.00		199894	0	17029	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1121882	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	63003	TotalOtherCompensation
Number Individuals GT100 K	5	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	HODGES DOUGHTY CARSON	NamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 869	AddressLine1
City	Knoxville	City
State	TN	State
ZIP Code	37901	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	LEGAL	DescriptionOfServices
Compensation	125215	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
INT ON LOANS TO MEMBERS	522100	40740991	40740991
INT ON INVESTMENTS	522100	306705	306705
FEE INCOME	522100	11708770	11708770
OTHER OPERATING INC	522100	1817447	1817447
LOSS DISP ASSETS	522100	-131934	-131934

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	5556	TotalRevenueColumn
Related Or Exempt Function Income	5556	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	54447535	TotalProgramServiceRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	54447535	TotalRevenueColumn
Related Or Exempt Function Income	54447535	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	7623143	Total
Program Services	7623143	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1121882	Total
Program Services	1121882	ProgramServices

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	10919185	Total
Program Services	10919185	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	577217	Total
Program Services	577217	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	3835242	Total
Program Services	3835242	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	965672	Total
Program Services	965672	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1406809	Total
Program Services	1406809	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	8416658	Total
Program Services	8416658	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2300427	Total
Program Services	2300427	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	180081	Total
Program Services	180081	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1832639	Total
Program Services	1832639	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
PROF/OUTSIDE SERVICES	1190060	1190060
LOAN SERVICING EXP	687052	687052
PROVISION FOR LOAN LOSSES	1142973	1142973
OTHER OPERATING EXPENSES	1014441	1014441

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	43213481	Total
Program Services	43213481	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	6381778	BOY
EOY	7494748	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	65840812	BOY
EOY	94110366	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	845343854	BOY
EOY	946850603	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	516539	BOY
EOY	803900	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	57269230	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	14358761	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	41108331	BOY
EOY	42910469	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	39937814	BOY
EOY	18222803	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	16921426	BOY
EOY	14512302	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1016050554	BOY
EOY	1124905191	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	4888964	BOY
EOY	7182535	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	110803968	BOY
EOY	115893511	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	810153366	BOY
EOY	902977817	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	925846298	BOY
EOY	1026053863	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	90204256	BOY
EOY	98851328	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	90204256	BOY
EOY	98851328	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1016050554	BOY
EOY	1124905191	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	11234054	ReconcilationRevenueExpenses
Reconcilation Other Changes	-2586982	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 C IRS990ScheduleC

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	18233422	InvestmentCostOrOtherBasis
Book Value	18233422	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	25810664	InvestmentCostOrOtherBasis
Depreciation	5769144	Depreciation
Book Value	20041520	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	1074473	InvestmentCostOrOtherBasis
Depreciation	700590	Depreciation
Book Value	373883	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	11918403	InvestmentCostOrOtherBasis
Depreciation	7889027	Depreciation
Book Value	4029376	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	232268	InvestmentCostOrOtherBasis
Book Value	232268	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	42910469	TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated (6 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
HELD TO MATURITY SECURITIES	1999856	C
S & L MUTUAL SAVINGS BANK	2631461	C
LOANS TO INV IN NATURAL PERSON	150000	C
CORP CREDIT UNIONS	1000000	C
OTHER INVESTMENTS	4204185	C
NCUSIF DEPOSIT	8237301	C

Field	Value	IRS element (for citing)
Total Of Book Value Program Related	18222803	TotalOfBookValueProgramRelated

Other Assets OtherAssets (4 entries)

DescriptionDescription	Book ValueBookValue
FORECLOSED AND REPOSSESSED ASS	288294
ACCRUED INTEREST ON LOANS	2001877
ACCRUED INTEREST ON INVESTMENT	9389
ALL OTHER ASSETS LESS PREPAIDS	12212742

Field	Value	IRS element (for citing)
Total Book Value Other Assets	14512302	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (7 entries)

DescriptionDescription	AmountAmount
SHARE DRAFTS	$168,608,116
REGULAR SHARES	$190,993,965
MONEY MARKET SHARES	$235,486,936
IRA KEOUGH SHARES	$45,757,851
ALL OTHER SHARES	$11,298,149
NONMEMBER DEPOSITS	$7,108,033
SHARE CERTIFICATES	$243,724,767

Field	Value	IRS element (for citing)
Total Of Amounts	902977817	TotalOfAmounts

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
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
GLENN SILER
PRESIDENT CEO	363129	16263	379392
LYNN JONES
SR VP BRANCH	238489	11569	250058
SHANNON YORK
CFO	199894	17029	216923
NATHAN BROWN
CHIEF INFO OFFICER	168089	11860	179949
REBECCA LAWSON
CHIEF SUPPORT OFFICER	152281	6282	158563

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (11 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Members or stockholder classes and rights Part VI line 6	THE CHARTER AND BY LAWS CALL FOR AN ANNUAL ELECTION OF DIRECTORS BY THE MEMBERS. EACH MEMBER IS ENTITLED TO ONE VOTE IRRESPECTIVE OF THE NUMBER OF SHARES/DEPOSITS. THE CANDIDATES FOR DIRECTOR ARE NOMINATED BY A NOMINATING COMMITTEE APPOINTED BY THE BOARD OF DIRECTORS. THE DIRECTORS ARE ELECTED AT AN ANNUAL MEETING CALLED FOR IN THE BY-LAWS.
O02	Member election for additional members Part VI line 7a	THE CHARTER AND BY-LAWS CALL FOR AN ANNUAL ELECTION OF DIRECTORS BY THE MEMBERS. EACH MEMBER IS ENTITLED TO ONE VOTE IRRESPECTIVE OF THE NUMBER OF SHARES/DEPOSITS. THE CANDIDATES FOR DIRECTOR ARE NOMINATED BY A NOMINATING COMMITTEE APPOINTED BY THE BOARD OF DIRECTORS. THE DIRECTORS ARE ELECTED AT AN ANNUAL MEETING CALLED FOR IN THE BY-LAWS.
O03	Governing body decisions Part VI line 7b	THE CHARTER AND BY-LAWS CALL FOR AN ANNUAL ELECTION OF DIRECTORS BY THE MEMBERS. EACH MEMBER IS ENTITLED TO ONE VOTE IRRESPECTIVE OF THE NUMBER OF SHARES/DEPOSITS. THE CANDIDATES FOR DIRECTOR ARE NOMINATED BY A NOMINATING COMMITTEE APPOINTED BY THE BOARD OF DIRECTORS. THE DIRECTORS ARE ELECTED AT AN ANNUAL MEETING CALLED FOR IN THE BY LAWS.
O04	Governing body meeting documentation Part VI line 8a	UNDER THE BY LAWS, THE DIRECTORS MEET MONTHLY TO REVIEW THE OPERATIONS OF THE CREDIT UNION. THEIR ACTIONS ARE DOCUMENTED IN WRITTEN MONTHLY MINUTES. THE BOARD OF DIRECTORS APPROVE THE OPERATING POLICIES THAT DIRECT MANAGEMENT IN THE DAY TO DAY OPERATIONS OF THE CREDIT UNION. THE BOARD OF DIRECTORS APPOINT COMMITTEES TO OVERSEE SPECIFIC OPERATIONS OF THE CREDIT UNION INCLUDING AN AUDIT COMMITTEE, WHICH HIRES AN INDEPENDENT AUDITOR TO PERFORM AN ANNUAL AUDIT OF THE CREDIT UNION AND A PERSONNEL COMMITTEE WHICH RECOMMENDS AN OVERALL COMPENSATION PLAN FOR THE CREDIT UNION AS A WHOLE. COMMITTEE MINUTES ARE MAINTAINED. COMMITTEE RECOMMENDATIONS ARE VOTED ON AND APPROVED BY THE FULL BOARD OF DIRECTORS.
O05	Local chapters branches affiliates Part VI line 10a	ALL BRANCHES OPERATE UNDER THE SAME WRITTEN POLICIES.
O06	Form 990 governing body review Part VI line 11	THIS FORM 990 WAS PROVIDED TO THE PRESIDENT/CEO AND CFO FOR REVIEW AND APPROVAL BEFORE FILING.
O07	Conflict of interest policy compliance Part VI line 12c	THE CREDIT UNION HAS A WRITTEN CONFLICT OF INTEREST POLICY. ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. ALL MATERIAL CONTRACTS ARE APPROVED BY THE BOARD OF DIRECTORS.
O08	CEO executive director top management comp Part VI line 15a	THE PERSONNEL COMMITTEE RECOMMENDS COMPENSATION FOR THE CEO, MANAGEMENT AND STAFF BASED ON AN ANNUAL SURVEY OF COMPENSATION OF CREDIT UNIONS OF COMPARABLE SIZE AND JOB CLASSIFICATION AND OTHER FACTORS. THE OVERALL COMPENSATION PLAN, INCLUDING CEO AND MANAGEMENT COMPENSATION, IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FOR STAFF, THE CEO AND DEPARTMENT MANAGERS COMPLETE ANNUAL EMPLOYEE EVALUATIONS AND ARE AUTHORIZED TO SET STAFF COMPENSATION WITHIN THE RANGE APPROVED BY THE PERSONNEL COMMITTEE AND BOARD OF DIRECTORS.
O09	Other officer or key employee compensation Part VI line 15b	SEE PART VI, LINE 15A
O10	Governing documents etc available to public Part VI line 19	WRITTEN COPIES OF POLICIES AND PROCEDURES ARE PROVIDED TO MEMBERS UPON REQUEST. MONTHLY FINANCIAL REPORTS ARE POSTED IN THE LOBBY FOR MEMBERS REVIEW. UPON REQUEST, COPIES OF THE CREDIT UNION ANNUAL FORM 990 IS PROVIDED TO ANY MEMBER OF NONMEMBER THAT REQUESTS A COPY.
O11	Explanation of other changes in net assets or fund balances Part XI line 9	CHANGE IN COMPREHENSIVE INCOME OF 2,554,015 PLUS CHANGE IN AFS SECURITIES OF 32,967 EQUALS A TOTAL OF 2,586,982.