STATE CHARTERED CREDIT UNIONS IN FLORIDA: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: STATE CHARTERED CREDIT UNIONS IN FLORIDA (EIN 59-0787574)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-01
IRS object ID: 201242149349300619
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-01T12:25:35-00:00	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	ORTH CHAKLER MURNANE AND CO CPAs	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	12060 SW 129 COURT SUITE 201	AddressLine1
City	MIAMI	City
State	FL	State
ZIP Code	33186	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	590787574	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	STATE CHARTERED CREDIT UNIONS IN FLORIDA	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	STAT	NameControl
Phone	9545727707	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3000 N UNIVERSITY DRIVE	AddressLine1
City	SUNRISE	City
State	FL	State
ZIP Code	33322	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	NANCY RAPPAPORT	Name
Title	CEO	Title
Date Signed	2012-08-01	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DOUGLAS ORTH	Name
Phone	3052328272	Phone
Date Prepared	2012-08-01	DatePrepared

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

Form 990 IRS990

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	PRIORITY ONE CREDIT UNION OF FLORIDA	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	NANCY RAPPAPORT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	3000 NORTH UNIVERSITY DRIVE	AddressLine1
City	SUNRISE	City
State	FL	State
ZIP Code	33345	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	4927436	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Group Exemption Number	2106	GroupExemptionNumber
Organization501c	X	Organization501c
Web Site	www.priorityonefl.org	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	CREDIT UNION	TypeOfOrgOtherDescription
Year Formation	1948	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	ENHANCING THE FINANCIAL LIVES OF OUR MEMBERS THROUGH CONSISTENT SERVICE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	5	NbrIndependentVotingMembers
Total Nbr Employees	48	TotalNbrEmployees
Total Nbr Volunteers	5	TotalNbrVolunteers
Total Gross UBI	139178	TotalGrossUBI
Net Unrelated Business Txbl Income	-5932	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	4982159	ProgramServiceRevenuePriorYear
Program Service Revenue CY	4674520	ProgramServiceRevenueCY
Investment Income Prior Year	170180	InvestmentIncomePriorYear
Investment Income Current Year	252916	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	5152339	TotalRevenuePriorYear
Total Revenue Current Year	4927436	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1801008	SalariesEtcPriorYear
Salaries Etc Current Year	1852175	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	3432423	OtherExpensePriorYear
Other Expenses Current Year	2774351	OtherExpensesCurrentYear
Total Expenses Prior Year	5233431	TotalExpensesPriorYear
Total Expenses Current Year	4626526	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-81092	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	300910	RevenuesLessExpensesCY
Total Assets BOY	67775520	TotalAssetsBOY
Total Assets EOY	70475291	TotalAssetsEOY
Total Liabilities BOY	61055276	TotalLiabilitiesBOY
Total Liabilities EOY	63431023	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	6720244	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	7044268	NetAssetsOrFundBalancesEOY
Mission Description	ENHANCING THE FINANCIAL LIVES OF OUR MEMBERS THROUGH CONSISTENT SERVICE.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	PRIORITY ONE SERVES BROWARD COUNTY AND OFFERS A FULL ARRAY OF PRODUCTS AND SERVICES INCLUDING DEPOSITORY AND LOAN PRODUCTS, ATM/DEBIT PROGRAM, CAR FINDERS AND ONLINE BANKING. WE ENDED THE YEAR WITH 9,453 MEMBERS. THERE WERE 964 LOANS GRANTED TOTALING 8,029,500. PRIORITY ONE HAS THREE BRANCH LOCATIONS AND A WIDE ARRAY OF REMOTE OPTIONS THROUGH OUR COOPERATION WITH VARIOUS ATM NETWORKS AND SHARED SERVICE CENTERS.	Description
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	true	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
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	1678	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	48	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
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	5	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	false	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	false	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
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	NANCY RAPPAPORT	NamePerson
Telephone Number	9543355100	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3000 N UNIVERSITY DR	AddressLine1
City	SUNRISE	City
State	FL	State
ZIP Code	33345	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
LEVORA HOLSEY
SECRETARY/TREASURER	001.00	X	0	0	0
ALANA RAGOONAN
AUDIT COMMITTEE CHAIR	001.00	X	0	0	0
RICHARD WEPPLER
CHAIRMAN	001.00	X	0	0	0
JEROMY SCHWAB
VICE CHAIRMAN	001.00	X	0	0	0
DONALD MCMAHON
DIRECTOR	001.00	X	0	0	0
NANCY RAPPAPORT
CEO	040.00		156476	0	5987	X
DEANA HENNESSEY
VP LENDING	040.00		82020	0	4970	X
BIRGITTA SCHINDLER
CONTOLLER	040.00		49058	0	5071	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	287554	TotalReportableCompFromOrg
Total Other Compensation	16028	TotalOtherCompensation
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 (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
FISERV
1250 GRUMMAN PL STE A	TITUSVILLE	FL	32780	DATA PROCESSING	217237
INTUIT FINANCIAL SERVICES
PO BOX 515306	LOS ANGELES	CA	900516606	WEBSITE MAINTENANCE, ONLINE BILLPAY	125735
BLAXBERG GRAYSON KUKOFF PA
25 SE 2ND AVE STE 730	MIAMI	FL	33131	COLLECTIONS ATTORNEY	103380

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
LOAN INTEREST INCOME	522100	2955521	2955521
FEE/OTHER INCOME	522100	1579821	1579821
CREDIT LIFE/EXTENDED WARRANTY/GAP INS/NON-MEMBER ATM FEES	524298	139178		139178

Field	Value	IRS element (for citing)
Total Program Service Revenue	4674520	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	252916	TotalRevenueColumn
Related Or Exempt Function Income	252916	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4927436	TotalRevenueColumn
Related Or Exempt Function Income	4788258	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	139178	UnrelatedBusinessRevenue

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	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	303582	Total
Program Services	303582	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	1247102	Total
Program Services	1247102	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	31782	Total
Program Services	31782	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	83699	Total
Program Services	83699	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	186010	Total
Program Services	186010	ProgramServices

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	16556	Total
Program Services	16556	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	36996	Total
Program Services	36996	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

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	142029	Total
Program Services	142029	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	61903	Total
Program Services	61903	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	282286	Total
Program Services	282286	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	354506	Total
Program Services	354506	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	146213	Total
Program Services	146213	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	22595	Total
Program Services	22595	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	385	Total
Program Services	385	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	368290	Total
Program Services	368290	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	125473	Total
Program Services	125473	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	53971	Total
Program Services	53971	ProgramServices

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	SEE SCHEDULE ATTACHED	Description
Total	1163148	Total
Program Services	1163148	ProgramServices

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	4626526	Total
Program Services	4626526	ProgramServices

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1640533	BOY
EOY	1402397	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	12658629	BOY
EOY	6733490	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	258482	BOY
EOY	196190	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	44677083	BOY
EOY	39274868	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	63296	BOY
EOY	56458	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4797136	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3016804	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1860366	BOY
EOY	1780332	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	150100	BOY
EOY	17144010	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	5630000	BOY
EOY	2964348	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	837031	BOY
EOY	923198	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	67775520	BOY
EOY	70475291	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	520546	BOY
EOY	553530	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	60534730	BOY
EOY	62877493	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	61055276	BOY
EOY	63431023	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	6720244	BOY
EOY	7044268	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6720244	BOY
EOY	7044268	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	67775520	BOY
EOY	70475291	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	300910	ReconcilationRevenueExpenses
Reconcilation Other Changes	23114	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

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	788074	OtherCostOrOtherBasis
Book Value	788074	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	594380	OtherCostOrOtherBasis
Depreciation	215832	Depreciation
Book Value	378548	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1990035	OtherCostOrOtherBasis
Depreciation	1586763	Depreciation
Book Value	403272	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1405243	OtherCostOrOtherBasis
Depreciation	1194805	Depreciation
Book Value	210438	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	19404	OtherCostOrOtherBasis
Depreciation	19404	Depreciation

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1780332	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (7 entries)

DescriptionDescription	AmountAmount
SHARE ACCOUNTS	$25,097,293
SHARE DRAFT ACCOUNTS	$14,157,710
MONEY MARKET ACCOUNTS	$9,395,985
CLUB ACCOUNTS	$164,010
IRA SHARE ACCOUNTS	$1,951,982
IRA CERTIFICATES	$2,914,143
CERTIFICATES	$9,196,370

Field	Value	IRS element (for citing)
Total Of Amounts	62877493	TotalOfAmounts
Total Revenue	4927436	TotalRevenue
Total Expenses	4626526	TotalExpenses
Excess Or Deficit For Year	300910	ExcessOrDeficitForYear
Net Unrealized GL On Investments	23114	NetUnrealizedGLOnInvestments
Total Adjustments	23114	TotalAdjustments
Excess Or Deficit Per FS	324024	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	4927436	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	4927436	RevenueSubtotal
Total Revenue Per Form990	4927436	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	4626526	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	4626526	ExpensesSubtotal
Total Expenses Per Form990	4626526	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
X	2	FASB ASC 740-10-25 CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE MORE LIKELY THAN NOT STANDARD FOR SUSTAINABILITY UPON EXAMINATION BY TAX AUTHORITIES. AS A RESULT OF ADOPTING ASC 740-10-25, THE CREDIT UNION HAS ASSESSED ITS ACTIVITIES AND
X	2 continued...	ANY POTENTIAL FEDERAL OR STATE INCOME TAX LIABILITY AND DETERMINED THAT THE CREDIT UNION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST AND PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. CURRENTLY, THE 2010, 2009, AND 2008 FEDERAL INCOME TAX RETURNS ARE OPEN FOR EXAMINATION BY THE IRS.
X	2 continued...	THE FILING YEARS OPEN FOR EXAMINATION BY THE STATE, IF APPLICABLE, MAY BE EQUAL TO, GREATER THAN OR LESS THAN THE YEARS OPEN FOR EXAMINATION BY THE IRS.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Written Employment Contract	X	WrittenEmploymentContract
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

Field	Value	IRS element (for citing)
Name Person	NANCY RAPPAPORT	NamePerson
Base Compensation Filing Org	149787	BaseCompensationFilingOrg
Other Compensation Filing Org	6689	OtherCompensationFilingOrg
Deferred Comp Filing Org	5987	DeferredCompFilingOrg
Total Compensation Filing Org	162463	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	6	THE CREDIT UNION HAS MEMBERS.
Form 990 Part VI	7A	THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF THE BOARD OF DIRECTORS.
Form 990 Part VI	12C	THE CREDIT UNION HAS OVERRIDE REPORTS THAT ARE REVIEWED BY THE COMPLIANCE DEPARTMENT WHEN EMPLOYEES TRANSACT ON FLAGGED RELATED-PARTY ACCOUNTS.
Form 990 Part VI	15A	THE CEOS COMPENSATION IS REVIEWED YEARLY BY THE BOARD OF DIRECTORS, WHICH ARE VOLUNTEERS OF THE CREDIT UNION.
Form 990 Part VI	15B	THE COMPENSATION OF KEY EXECUTIVES ARE REVIEWED BY THE CEO AND IS DETERMINED BASED ON INDUSTRY PUBLICATIONS THAT ILLUSTRATE STANDARDS IN CONJUNCTION WITH GOALS SET BY THE CEO.
Form 990 Part VI	11	THE CEO AND CFO WILL REVIEW THE FORM 990 PRIOR TO SUBMITTING TO THE IRS.
Form 990 Part VI	19	GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE NCUA WEBSITE VIA THE 5300 CALL REPORT FILING.
Form 990 Part XI	5	UNREALIZED GAIN ON AVAILABLE FOR SALE SECURITIES.
		Form 990 Part VI Section A Line 6 THE CREDIT UNION HAS MEMBERS. Form 990 Part VI Section A Line 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF THE BOARD OF DIRECTORS. Form 990 Part VI Section C Line 12C THE CREDIT UNION HAS OVERRIDE REPORTS THAT ARE REVIEWED BY THE COMPLIANCE DEPARTMENT WHEN EMPLOYEES TRANSACT ON FLAGGED RELATED-PARTY ACCOUNTS. Form 990 Part VI Section B Line 15A THE CEOS COMPENSATION IS REVIEWED YEARLY BY THE BOARD OF DIRECTORS, WHICH ARE VOLUNTEERS OF THE CREDIT UNION. Form 990 Part VI Section B Line 15B THE COMPENSATION OF KEY EXECUTIVES ARE REVIEWED BY THE CEO AND IS DETERMINED BASED ON INDUSTRY PUBLICATIONS THAT ILLUSTRATE STANDARDS IN CONJUNCTION WITH GOALS SET BY THE CEO. Form 990 Part VI Section A Line 11 THE CEO AND CFO WILL REVIEW THE FORM 990 PRIOR TO SUBMITTING TO THE IRS. Form 990 Part VI Section C Line 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE NCUA WEBSITE VIA THE 5300 CALL REPORT FILING. Form 990 Part XI Line 5 UNREALIZED GAIN ON AVAILABLE FOR SALE SECURITIES.