2012-05-14T15:59:52-07:00 2011-12-31 990 2011-01-01 036008252 ONE CREDIT UNION ONEC 8028864228 380 RIVER STREET SPRINGFIELD VT 05156 Rhoda Stevens 8028864228 2012-04-30 2011 2016-02-24 21:20:13Z ONE CREDIT UNION 380 RIVER STREET SPRINGFIELD VT 05156 5031501 0 X www.onecu.org X 1952 VT PROVIDING FINANCIAL SERVICES 12 12 53 25 0 0 0 0 5451163 4660211 513492 371290 0 0 5964655 5031501 0 0 854688 601111 2495520 2757533 0 0 0 2047451 2492863 5397659 5851507 566996 -820006 114433107 123886563 102116538 108846684 12316569 15039879 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 PROVIDING FINANCIAL SERVICES 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3977 0 1 53 1 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 1 0 0 X ONE CREDIT UNION 8028864228 380 RIVER STREET SPRINGFIELD VT 05156 JEFF TAFT 1 X 0 0 0 MICHAEL GRAHAM 1 X 0 0 0 ROBERT REARDON 1 X 0 0 0 PAMELA HEMINGWAY 1 X 0 0 0 JOHN CLARK 1 X 0 0 0 JACK MITCHELL 1 X 0 0 0 RICHARD NORTH 1 X 0 0 0 LINDA MOORE 1 X 0 0 0 KAREN GRADY 1 X 0 0 0 BARBARA MENARD 1 X 0 0 0 MARK BUSHWAY 1 X 0 0 0 C MARTIN PREVOST 1 X 0 0 0 JERRY CROSS 45 X 102367 0 0 TIMOTHY GOLDEN 45 X 92740 0 0 JAMES ADORISIO 45 X 70231 0 0 265338 0 0 0 1 0 0 0 0 LOAN INTEREST INCOME 522130 3657343 3657343 0 0 PROGRAM SERVICE FEES 522130 1002868 1002868 0 0 0 0 0 0 4660211 371290 371290 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5031501 5031501 0 0 601111 0 0 1888559 105940 602468 160566 0 4953 9085 0 0 0 73562 105706 550797 0 0 351730 24567 0 0 0 0 193230 83512 LOAN SERVICING EXPENSES 250596 PROVISION FOR LOAN LOSS 272469 MEMBERS INSURANCE 285158 CD AMORTIZATION 212200 75298 5851507 0 0 0 1269636 2435813 36566013 36413921 0 0 0 0 0 0 0 0 71918434 78704556 0 0 111443 179642 4319883 1490696 3032171 2829187 0 0 0 0 1535410 3323444 114433107 123886563 129763 209910 101986775 108636774 102116538 108846684 X 0 0 0 0 12316569 15039879 12316569 15039879 114433107 123886563 X -820006 3543316 X 0 0 0 0 497073 497073 0 2933467 1037918 1895549 0 224267 118415 105852 0 665076 334363 330713 0 0 0 0 2829187 0 MEMBER DEPOSITS 108636774 108636774 X X 0 0 0 JERRY CROSS 102367 0 0 0 0 0 0 0 0 0 102367 0 62511 0 JAMES ADORISIO 70231 0 0 0 0 0 0 0 0 0 70231 0 73690 0 TIMOTHY GOLDEN 92740 0 0 0 0 0 0 0 0 0 92740 0 56096 0 SchJ_P01_S00_L03 Schedule J, Part I, Line 3 THE GOVERNING BODY SET THE COMPENSATION LEVEL FOR THE CEO USING INDUSTRY SALARY DATA AND COST OF LIVING INDEXES. MARK BUSHWAY EQUIPMENT LOAN X 31478 5129 0 1 1 MARK BUSHWAY VEHICLE LOAN X 114936 28000 0 1 1 MARK BUSHWAY VEHICLE LOAN X 38350 3138 0 1 1 JOHN CLARK HOME EQUITY LOAN X 15418 13428 0 1 1 KAREN GRADY CREDIT CARD X 22000 274 0 1 1 JACK MITCHELL CREDIT CARD X 5000 196 0 1 1 LINDA MOORE PLEDGE SHARE X 23000 10537 0 1 1 LINDA MOORE MORTGAGE X 325000 307754 0 1 1 LINDA MOORE VEHICLE LOAN X 23775 15949 0 1 1 MICHAEL GRAHAM EQUIPMENT LOAN X 7700 6715 0 1 1 MICHAEL GRAHAM VEHICLE LOAN X 9100 8400 0 1 1 MICHAEL GRAHAM SIGNATURE LOAN X 500 500 0 1 1 PAM HEMINGWAY HOME EQUITY LOAN X 14000 12464 0 1 1 RICHARD NORTH HOME EQUITY LOAN X 17000 15800 0 1 1 C MARTIN PREVOST SR VEHICLE X 13100 10787 0 1 1 C MARTIN PREVOST SR HOME EQUITY LOAN X 62912 59076 0 1 1 C MARTIN PREVOST SR VEHICLE LOAN X 30673 26785 0 1 1 C MARTIN PREVOST SR TRAILER LOAN X 17000 16718 0 1 1 C MARTIN PREVOST SR CREDIT CARD X 2500 2039 0 1 1 ROBERT REARDON CREDIT CARD X 10000 910 0 1 1 JEFF TAFT HOME EQUITY LOAN X 15000 1772 0 1 1 BARBARA BURNHAM VEHICLE LOAN X 10792 7297 0 1 1 DON MURRAY VEHICLE LOAN X 21939 6367 0 1 1 DON MURRAY HOME EQUITY LOAN X 40000 18133 0 1 1 TESSA DANIELS VEHICLE LOAN X 25908 23798 0 1 1 TESSA DANIELS VEHICLE LOAN X 5995 3134 0 1 1 JEFF GOODRICH CREDIT CARD X 8000 1476 0 1 1 JEFF GOODRICH SIGNATURE LOAN X 7000 3543 0 1 1 JEFF GOODRICH VEHICLE LOAN X 14939 11359 0 1 1 BILL MAYVILLE HOME EQUITY LOAN X 28000 15046 0 1 1 KAREN BUSHEY CREDIT CARD X 12000 9072 0 1 1 KAREN BUSHEY VEHICLE LOAN X 20955 7661 0 1 1 KAREN BUSHEY VEHICLE LOAN X 6615 630 0 1 1 NATHAN COBB VEHICLE LOAN X 31000 19525 0 1 1 NATHAN COBB TRAILER LOAN X 11000 14147 0 1 1 NATHAN COBB MORTGAGE LOAN X 160000 150998 0 1 1 NATHAN COBB VEHICLE LOAN X 24709 12783 0 1 1 JERRY CROSS MORTGAGE LOAN X 156500 114412 0 1 1 JERRY CROSS HOME EQUITY LOAN X 29165 26956 0 1 1 JERRY CROSS VEHICLE LOAN X 15022 9299 0 1 1 JERRY CROSS SIGNATURE LOAN X 4200 1354 0 1 1 MICHAEL ROUNDS HOME EQUITY LOAN X 15774 10706 0 1 1 MICHAEL ROUNDS MORTGAGE LOAN X 157250 139997 0 1 1 TIMOTHY GOLDEN VEHICLE LOAN X 27316 20791 1 1 1 SPENCER NOBLE CREDIT CARD X 40000 15095 0 1 1 SPENCER NOBLE HOME EQUITY X 24593 23234 0 1 1 1213184 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_L05 Form 990, Part XI, Line 5 2010 was reevaluated by CPA firm for FAS 141 Acquisition Accounting. Entries were made for 2010 in 2011