2012-11-13T11:10:07-08:00 2011-12-31 Macdonald Page & Co LLC 30 Long Creek Dr South Portland ME 04106 990 2011-01-01 016028792 UNIVERSITY CREDIT UNION UNIV 8006968628 139 RANGELEY ROAD ORONO ME 04469 RENEE OUELLETTE 2012-11-13 true Brad Weller 2077745701 X 2011 2016-02-24 21:20:13Z 12306999 false false X WWW.UCU.MAINE.EDU X 1967 ME The purpose of University Credit Union is to provide our members, through their input and ownership, personalized financial services, while promoting the value of education in Maine. 7 7 103 220641 -110271 0 11176248 11413874 646994 672484 209068 220641 12032310 12306999 0 1651341 5416612 4503629 0 0 5831185 4933895 11247797 11088865 784513 1218134 194407941 192909871 176844714 174139652 17563227 18770219 The purpose of University Credit Union is to provide our members, through their input and ownership, personalized financial services, while promoting the value of education in Maine. false false 11088865 The credit union has 21,513 members as of 12/31/2011. Members have access to a wide variety of low cost, high quality services. 11088865 false false false false false false false false false false true true false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 6898 0 false 103 true true true false false false false false false false false false false false false false X 7 7 false false false false true true true true true false true true true true true true true true true true false false X RENEE OUELLETTE 2079922900 977 UNION STREET BANGOR ME 044013011 Heather Sanborn 1.00 X 0 0 0 JOE ROBERTS 1.00 X 0 0 0 Joseph Vetelino 1.00 X 0 0 0 Carolyn Cheney 1.00 X 0 0 0 Hugh Morrison 1.00 X X 0 0 0 Ency Whitehill 1.00 X X 0 0 0 Gerald Hayman Jr 1.00 X X 0 0 0 JOSEPH GERVAIS 40.00 X 122262 0 61937 MATTHEW WALSH 40.00 X 172711 0 48109 Renee Ouellette 40.00 X 94287 0 11008 Deb White 40.00 X 98608 0 48500 487868 169554 2 false true false 0 0 OVERDRAFT FEES 522100 1258251 1258251 LOAN INCOME FROM MEMBERS 8736610 8736610 GAIN ON SALE OF LOANS 522100 168367 168367 CHECK CARD 522100 874474 874474 ATM FEES 522100 329543 329543 46629 46629 11413874 672484 672484 0 0 0 0 0 0 0 OTHER INCOME 48901 48901 GUARANTEED ASSET PROTECT 56603 56603 ATM FEES 69251 69251 45886 45886 220641 12306999 12086358 220641 0 0 0 1651341 1651341 341987 341987 0 2971451 2971451 69225 69225 870114 870114 250852 250852 0 33562 33562 15478 15478 0 0 0 95564 95564 307935 307935 0 0 0 629690 629690 88360 88360 0 0 0 0 0 0 Provision for loan losses 356462 356462 OTHER GENERAL AND ADMIN 29364 29364 OPERATIONS EXP 2655367 2655367 NCUSIF STABILIZATION 369219 369219 LOAN SERVICE EXPENSE 352894 352894 0 11088865 11088865 0 0 8024840 5494760 0 0 0 0 0 154219762 153482873 0 0 9672180 3215526 6631740 6456654 0 22016395 23418797 0 0 3515204 4056787 194407941 192909871 1786363 2074015 29326578 18237381 145731773 153828256 176844714 174139652 X 17563227 18770219 17563227 18770219 194407941 192909871 X 1218134 -11142 X false true true X false false 1992540 1992540 4333583 966940 3366643 692300 431332 260968 75543 20798 54745 2578214 1796456 781758 6456654 23418797 MEMBERS' SHARE AND SAVINGS ACCOUNT 153828256 153828256 12306999 11088865 1218134 -11142 -11142 1206992 12306999 12306999 12306999 11088865 11088865 11088865 X true true X X false false false MATTHEW WALSH 163827 8884 30000 18109 220820 JOSEPH GERVAIS 117936 4326 41609 20328 184199 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Financial statements are posted onsite at all public locations. The conflict of interest policy and governing documents are available upon request. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts A conflict of interest statement is signed and issues are addressed as they arise. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process A COPY OF THE 990 WAS PROVIDED TO THE GOVERNING BODY WITH AVAILABLE TIME FOR REVIEW AND DISCUSSION BEFORE FILING. THE RETURN WAS REVIEWED BY THE PRESIDENT, CEO AND VICE PRESIDENT OF FINANCE AND TECHNOLOGY. Form 990, Part VI, Line 7b Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Certain decisions are subject to the approval of the members of the organization, such as the decision to merge with another entity. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Members of the governing body are nominated and when applicable voted in by members of the organization. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The organization is in business to serve its members.