2012-08-02T09:43:04-05:00 2011-12-31 202122306 GBQ PARTNERS LLC 230 WEST STREET SUITE 700 COLUMBUS OH 432152663 990 2011-01-01 340825291 CARDINAL COMMUNITY CREDIT UNION CARD 4402662200 8500 WESTPORT DRIVE MENTOR OH 44060 CHRISTINE BLAKE 4402662200 2012-08-02 1 ANDREW T AREND P00631697 6142211120 2011 2016-02-24 21:20:13Z CHRISTINE BLAKE 8500 WESTPORT DRIVE MENTOR OH 44060 7746689 0 X WWW.CARDINALCU.COM X 1953 OH PROVIDE FINANCIAL SERVICES TO QUALIFED MEMBERS 9 9 63 0 30209 -64670 0 0 6878721 6591195 1542578 1154859 0 0 8421299 7746054 0 0 0 0 2833294 2782633 0 0 0 4695093 4055718 7528387 6838351 892912 907703 153678259 155927160 137591615 138611005 16086644 17316155 PROVIDE FINANCIAL SERVICES TO QUALIFIED MEMBERS. 0 0 PROVIDED FINANCIAL SERVICES TO MEMBERSHIP. 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5806 0 1 63 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X APRIL D MCLEOD 4402662200 8500 WESTPORT DRIVE MENTOR OH 44060 JAMES GRAY 1.00 X X 0 0 0 WILLIAM PATRICK JR 1.00 X X 0 0 0 JAMES METZ 1.00 X X 0 0 0 RANDY MEARS 1.00 X X 0 0 0 KATHLEEN O'CONNELL-BURTON 1.00 X 0 0 0 RICK LAYTON 1.00 X 0 0 0 ROBERT DRAGOLIC 1.00 X 0 0 0 KENNETH DEKEN 1.00 X 0 0 0 JOANNE IOCCA 1.00 X 0 0 0 CHRISTINE BLAKE 40.00 X 189724 0 9965 189724 0 9965 1 0 1 0 AMERICAN SHARE INSURANCE 5656 FRANTZ ROAD DUBLIN OH 43017 SHARE INSURANCE 535143 ANTHEM BLUE CROSS BLUE SHIELD PO BOX 105673 ATLANTA GA 303485673 MEDICAL INSURANCE 354786 FISERV EFT 75 REMITTANCE DR CHICAGO IL 60675 DEBIT/ATM PROCESSING 246504 FISERV 75 REMITTANCE DR CHICAGO IL 60675 DATA PROCESSING 240399 PSCU FINANCIAL SERVICES 560 CARILLON PKWY ST PETERSBURG FL 33716 VISA CARD PROGRAM 112552 5 INTEREST ON LOANS 522100 4795739 4795739 FEES AND COMMISSIONS 522100 1663739 1633530 30209 GAIN ON SALE OF ASSETS 900099 131717 131717 6591195 1155494 1155494 635 -635 -635 -635 7746054 6429269 30209 1286576 189724 1974857 124573 332130 161349 51511 6960 33976 176858 534703 204987 73820 20312 788278 270952 275957 PROVISION FOR LOAN LOSS 777982 PROCESSING FEES 727205 MISC OPERATING EXPENSES 66924 DUES & SUBSCRIPTIONS 45293 6838351 6245143 9232703 406334 390557 76023378 93193976 8621367 2762427 6030763 5858940 20535311 8783691 40915040 34647035 3522290 3820258 153678259 155927160 1362507 1375872 506547 586154 135722561 136648979 137591615 138611005 X 0 0 0 0 16086644 17316155 16086644 17316155 153678259 155927160 X 907703 321808 X X 0 1 1 X 0 0 1 1162153 1162153 5523898 1121996 4401902 1935316 1640431 294885 5858940 CERTIFICATES OF DEPOSITS - NON-NEGOTIABLE 33747035 C CORPORATE NON-MATURING CAPITAL 900000 C 34647035 MEMBER DEPOSITS 137220029 ACCRUED DIVIDENDS AND INTEREST 15104 LESS: ESCROW ACCOUNT -586154 136648979 7746054 6838351 907703 321808 321808 1229511 7746054 0 7746054 0 7746054 6838351 0 6838351 0 6838351 PART IV, LINE 2B: MORTGAGE LOAN ESCROW FOR INSURANCE AND TAXES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FASB ASC, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. THE CREDIT UNIONS INCOME TAX RETURNS PRIOR TO 2008 ARE CLOSED. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. X X X X 0 0 0 CHRISTINE BLAKE 144846 0 14800 0 30078 0 2543 0 7422 0 199689 0 0 0 DENISE CHESNIC STANDARD CONSUMER LOAN X 151500 142513 0 1 1 RENEE MULLEN STANDARD CONSUMER LOAN X 238549 157221 0 1 1 RICK LAYTON STANDARD CONSUMER LOAN X 47900 38576 0 1 1 SANDRA HAMO STANDARD CONSUMER LOAN X 17117 12376 0 1 1 WILLIAM PATRICK JR STANDARD CONSUMER LOAN X 30000 15716 0 1 1 JAMES GRAY STANDARD CONSUMER LOAN X 16870 14161 0 1 1 MICHELLE MASKOL STANDARD CONSUMER LOAN X 32240 9994 0 1 1 390557 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS REQUIRED FOR THE CREDIT UNION THROUGH SELECT GROUP QUALIFICATIONS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN TRANSACTIONS AND CHANGES TO THE CODE OF REGULATIONS ARE SUBJECT TO MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 THE FORMS ARE REVIEWED BY THE CEO, THE BOARD OF DIRECTORS AND VP FINANCE OF THE FINANCIAL INSTITUTION. THE FORM IS PROVIDED TO THE BOARD VIA E-MAIL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS IS REQUIRED TO REVIEW AND SIGN THE CONFLICT AGREEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE. COMPARATIVE MARKET DATA IS ALSO USED FROM A THIRD PARTY SOURCE. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTION'S FINANCIAL STATEMENTS ARE POSTED PUBLICALLY. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 321,808. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT OVERSIGHT COMMITTEE THAT IS ESTABLISHED BY THE BOARD OF DIRECTORS.