2011-11-10T11:14:57-06:00 2010-12-31 CLIFTON GUNDERSON LLP 3003 N CENTRAL AVE STE 500 PHOENIX AZ 85012 990 2010-01-01 741271704 CENTEX CITIZENS CREDIT UNION CENT 2545629296 PO BOX 1252 MEXIA TX 76667 JANIS MASSEY 2545629296 2011-11-08 1 K FINCHER 6022662248 2010 2016-02-24 21:20:13Z JANIS MASSEY PO BOX 1252 MEXIA TX 76667 2780088 0 X WWW.MYOWNCU.COM X 1954 TX CENTEX CITIZENS CREDIT UNION IS A COOPERATIVE THRIFT INSTITUTION WITH A STATE CHARTER AND IS A MEMBER OF THE NATIONAL SHARE INSURANCE FUND. 7 7 23 7 14197 0 0 0 3047123 2780088 265976 0 0 0 3313099 2780088 0 0 0 0 793855 787857 0 0 0 2307245 1900357 3101100 2688214 211999 91874 52473534 57572955 42282083 47325506 10191451 10247449 COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES. 0 0 SHARE ACCOUNTS: CENTEX CITIZENS CREDIT UNION'S SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS QUARTERLY AND OFFER ACCESS THROUGH OUR MAIN OFFICE AND BRANCH LOCATION. ACCESS IS ALSO AVAILABLE THROUGH THE INTERNET HOME BANKING, TELEPHONE, AUDIO RESPONSE AND ATM'S. CENTEX CITIZENS CREDIT UNION HAS A YOUTH SAVINGS PROGRAM THAT ENCOURAGES CONSISTENT SAVINGS HABITS. CHECKING ACCOUNTS: CENTEX CITIZENS CREDIT UNION PROVIDES CHECKING ACCOUNTS FOR CONSUMERS WITH VARIOUS FEATURES, MOST OF WHICH OFFER MONTHLY PAID DIVIDENDS. OUR MEMBERS HAVE ACCESS TO THEIR ACCOUNTS THROUGH TWO LOCATIONS, FREE DEBIT CARDS, FREE ATM CARDS AND FREE INTERNET ONLINE BANKING. WE ALSO OFFER A BILL PAY FEATURE WITH UNLIMITED TRANSACTIONS FOR FREE. CONSUMER LOANS: CENTEX CITIZENS CREDIT UNION HAS PROVIDED CONSUMER SIGNATURE LOANS FROM THE BEGINNING. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING WITH FLEXIBLE OFFERINGS FOR VEHICLES, RECREATIONAL VEHICLES, WATER CRAFTS, MOTORCYCLES, HOME FURNISHINGS, HOME LAWN EQUIPMENT AND SHARE AND CERTIFICATE BACKED LOANS. BOTH LIFE AND DISABILITY INSURANCE IS AVAILABLE ON ANY OF THESE LOANS. 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 23 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X JANIS MASSEY 2545629296 PO BOX 1252 MEXIA TX 76667 CHARLES WARREN 1.00 X 0 0 0 RICHARD JOHNSON 1.00 X 0 0 0 KENNETH POLLARD JR 1.00 X 0 0 0 COLLEEN RANGE 1.00 X 0 0 0 TERRY DON SHIVERS 1.00 X 0 0 0 BOBBY MCDONALD 1.00 X 0 0 0 DENNIS WILSON 1.00 X 0 0 0 JANIS MASSEY 40.00 X 93768 0 0 KAY FOWLER 40.00 X 53098 0 0 TAMI GRIFFIN 40.00 X 55188 0 0 BEVERLY RHIDENOUR 40.00 X 47487 0 0 249541 0 0 0 0 0 0 FISERV 7500 REMITTANCE DR SUITE 6974 CHICAGO IL 606756974 DATA PROCESSING 320936 1 PROGRAM SERVICE REVENU 522100 2765891 2765891 UNRELATED BUSINESS INC 900099 14197 14197 2780088 2780088 2765891 14197 0 249541 365105 1306 129654 42251 1850 365866 50000 66907 144147 46800 564546 79879 150470 OPERATIONS 227576 PROVISON FOR LOAN LOSS 202316 2688214 1887728 2329782 6170372 6852907 5897 36187121 35906007 34595 25789 2590936 1005660 1654058 1585276 5324767 9579000 1214893 1288297 52473534 57572955 451427 400779 41830656 46924727 42282083 47325506 X 0 0 0 0 10191451 10247449 10191451 10247449 52473534 57572955 X 91874 -35876 X 0 0 0 257149 257149 1440738 363695 1077043 893049 641965 251084 1585276 CERTIFICATES OF DEPOSIT 9579000 F 9579000 SHARES 17701598 SHARE DRAFTS 5538785 IRA REGULAR SHARES 2424042 IRA CERTIFICATES 2196427 REGULAR CERTIFICATES 18862056 OTHER LIABILITIES 142999 ACH (RECEIVABLE)/PAYABLE 58820 46924727 FORM 990, PART VI, SECTION A, LINE 6 WE ARE A MEMBER OWNED CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS ARE ELECTED FOR STAGGERED 3 YEAR TERMS. THOSE UP FOR ELECTION ARE ELECTED AT THE ANNUAL MEMBERSHIP MEETING. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF CENTEX CITIZENS CREDIT UNION'S GOVERNING BODY FOR REVIEW. QUESTIONS AND COMMENTS ARE THEN SUBMITTED TO THE PRESIDENT WHO PREPARED THE FORM 990. WHEN THE BOARD OF DIRECTORS ARE SATISFIED THE REPORT HAS BEEN COMPLETED ACCURATELY AND CORRECTLY, THEY GIVE FINAL APPROVAL FOR IT TO BE SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO FILE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS USES THE CUNA SALARY SURVEY TO DETERMINE TOP MANAGEMENT SALARIES. THE PRESIDENT USES CUNA SALARY SURVEY TO DETERMINE REMAINING EMPLOYEES' SALARIES. FORM 990, PART VI, SECTION C, LINE 19 CENTEX CITIZENS CREDIT UNION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: UNREALIZED GAIN/LOSS ON FUND BALANCES -35,876. TOTAL TO FORM 990, PART XI, LINE 5: -35,876.