MAINE STATE CREDIT UNION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MAINE STATE CREDIT UNION (EIN 01-0196194)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-10-09
IRS object ID: 201232839349300803
Schema version: 2011v1.2
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 L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-10-09T10:21:38-07:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Macdonald Page & Co LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	30 Long Creek Dr	AddressLine1
City	South Portland	City
State	ME	State
ZIP Code	04106	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	010196194	EIN

Name Name

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

Field	Value	IRS element (for citing)
Name Control	MAIN	NameControl
Phone	8005408707	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 5659	AddressLine1
City	AUGUSTA	City
State	ME	State
ZIP Code	04332	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	NORMAND R DUBREUIL	Name
Title	CEO	Title
Date Signed	2012-10-09	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Brad Weller	Name
Phone	2077745701	Phone
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	14435472	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	www.mainestatecu.org	WebSite
Activity Or Mission Description	Provide members with savings and loan services.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	8	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	8	NbrIndependentVotingMembers
Total Nbr Employees	83	TotalNbrEmployees
Total Gross UBI	126296	TotalGrossUBI
Net Unrelated Business Txbl Income	-70443	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	8589412	ProgramServiceRevenuePriorYear
Program Service Revenue CY	8076690	ProgramServiceRevenueCY
Investment Income Prior Year	3544212	InvestmentIncomePriorYear
Investment Income Current Year	4028519	InvestmentIncomeCurrentYear
Other Revenue Prior Year	2467549	OtherRevenuePriorYear
Other Revenue Current Year	2330263	OtherRevenueCurrentYear
Total Revenue Prior Year	14601173	TotalRevenuePriorYear
Total Revenue Current Year	14435472	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	3550676	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	3428375	BenefitsPaidToMembersCY
Salaries Etc Prior Year	4316571	SalariesEtcPriorYear
Salaries Etc Current Year	4352936	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	5095799	OtherExpensePriorYear
Other Expenses Current Year	5524567	OtherExpensesCurrentYear
Total Expenses Prior Year	12963046	TotalExpensesPriorYear
Total Expenses Current Year	13305878	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1638127	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1129594	RevenuesLessExpensesCY
Total Assets BOY	310491894	TotalAssetsBOY
Total Assets EOY	329073659	TotalAssetsEOY
Total Liabilities BOY	272644898	TotalLiabilitiesBOY
Total Liabilities EOY	289703422	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	37846996	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	39370237	NetAssetsOrFundBalancesEOY
Mission Description	Provide members with savings and loan services.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	13305878	Expense
Description	The credit union has 25,067 members as of 12/31/2011. Members have access to a wide variety of low cost, high quality services.	Description
Total Program Service Expense	13305878	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
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	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	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
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	true	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
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	10217	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	83	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	8	NbrVotingGoverningBodyMembers
Number Independent Voting Members	8	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
Policies Reference Chapters	false	PoliciesReferenceChapters
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	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	NORMAND DUBRIEUL	NamePerson
Telephone Number	8005408707	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 5659	AddressLine1
City	AUGUSTA	City
State	ME	State
ZIP Code	043325659	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	OfficerOfficer
MICHAEL QUATTRUCCI
Treasurer	0.00	X	0	0	0
LEE CABANA
Director	0.00	X	0	0	0
BETTY J NORTON
Director	0.00	X	0	0	0
DONALD J SUITTER
Secretary	0.00	X	0	0	0
Jeseph Suga
Director	0.00	X	0	0	0
ROSE BRETON
Director	0.00	X	0	0	0
THOMAS H CUSICK
Director	0.00	X	0	0	0
RICHARD THOMPSON
Director	0.00	X	0	0	0
E JAMES SOUCIE
Director	0.00	X	0	0	0
MARK YOUNG
OPERATIONS	40.00		0	0	0	X
DEBORAH L SPARROW
Vice President	40.00		0	0	0	X
ROLAND J MAHEUX
CFO	40.00		0	0	0	X
RONALD A BLANCHETTE
EVP	40.00		0	0	0	X
NORMAND R DUBREUIL
CEO	40.00		182411	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	182411	TotalReportableCompFromOrg
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
SYNERGENT
2 Ledgeview Drive	Westbrook	ME	04092	DATA PROCESSING	992335
Jack Henry Associates
P O Box 503328	St Louis	MO	63150	Data Processing	220365
City of Agusta
16 Cony Street	Augusta	ME	04330	Taxes	118729
ANTHEM Health Plans of Maine
PO Box 591	Lewiston	ME	04243	HEALTH INSURANCE	702143

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	4	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	LOAN INCOME FROM MEMBERS	Description
Total Revenue Column	8076690	TotalRevenueColumn
Related Or Exempt Function Income	8076690	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	8076690	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	4028519	TotalRevenueColumn
Exclusion	$4,028,519	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
SERVICE CHARGES AND FEES	522100	2125321	2125321
OTHER INCOME	522100	48718	48718
Life Help - AD&D	522100	50914		50914

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	105310	TotalRevenueColumn
Related Or Exempt Function Income	29928	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	75382	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Other Revenue	2330263	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	14435472	TotalRevenueColumn
Related Or Exempt Function Income	10280657	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	126296	UnrelatedBusinessRevenue
Exclusion	$4,028,519	ExclusionAmount

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	3428375	Total
Program Services	3428375	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	182411	Total
Program Services	182411	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	2678574	Total
Program Services	2678574	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1491951	Total
Program Services	1491951	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

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	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	871897	Total
Program Services	871897	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	689298	Total
Program Services	689298	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	117881	Total
Program Services	117881	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	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	0	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
Provision for loan losses	559054	559054
MISCELLANEOUS	403144	403144
MEMBER INSURANCE	785098	785098
LOAN SERVICING & COLLECTION FE	628561	628561
DATA PROCESSING, ATM FEES	800938	800938

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	668696	Total
Program Services	668696	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	13305878	Total
Program Services	13305878	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	42237251	BOY
EOY	26100498	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	126873636	BOY
EOY	134699898	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
EOY	0	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	11280809	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3726793	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	7854187	BOY
EOY	7554016	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	129305458	BOY
EOY	154026929	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	110000	BOY
EOY	110000	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	4111362	BOY
EOY	6582318	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	310491894	BOY
EOY	329073659	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2675082	BOY
EOY	3047222	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	269969816	BOY
EOY	286656200	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	272644898	BOY
EOY	289703422	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	37846996	BOY
EOY	39370237	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	37846996	BOY
EOY	39370237	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	310491894	BOY
EOY	329073659	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	1129594	ReconcilationRevenueExpenses
Reconcilation Other Changes	393647	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired
Federal Grant Audit Performed	false	FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1398277	OtherCostOrOtherBasis
Book Value	1398277	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	7127094	OtherCostOrOtherBasis
Depreciation	1658349	Depreciation
Book Value	5468745	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	195858	OtherCostOrOtherBasis
Depreciation	195858	Depreciation

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2559580	OtherCostOrOtherBasis
Depreciation	1872586	Depreciation
Book Value	686994	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	7554016	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	MEMBER'S SHARE AND SAVINGS ACCOUNT	Description
Amount	$286,656,200	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	286656200	TotalOfAmounts
Total Revenue	14435472	TotalRevenue
Total Expenses	13305878	TotalExpenses
Excess Or Deficit For Year	1129594	ExcessOrDeficitForYear
Other	$393,647	OtherAmount
Total Adjustments	393647	TotalAdjustments
Excess Or Deficit Per FS	1523241	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	14435472	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	14435472	RevenueSubtotal
Total Revenue Per Form990	14435472	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	13305878	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	13305878	ExpensesSubtotal
Total Expenses Per Form990	13305878	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	Part XI, Line 8	Identifier
Return Reference	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	ReturnReference
Explanation	Increase in Other Comprehensive Income $393647 DECREASE IN EQUITY $ -0	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	NORMAND R DUBREUIL	NamePerson
Base Compensation Filing Org	182411	BaseCompensationFilingOrg
Total Compensation Filing Org	182411	TotalCompensationFilingOrg

Schedule L IRS990ScheduleL

Loan Table LoanTable

Field	Value	IRS element (for citing)
Name Person	Various CU Officials	NamePerson
Loan From Organization	X	LoanFromOrganization
Original Principal	$280,337	OriginalPrincipalAmount
Balance Due	157987	BalanceDue
Default	false	Default
Approved By Board	true	ApprovedByBoard
Written Agreement	true	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	157987	TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	No documents available to the public.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	Credit Union utilizes an outside, independent service, called CU Compensation Performance Appraisal to determine compensation annually.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	No review was or will be conducted.