2011-11-11T13:44:12-06:00 2010-12-31 PADDEN GUERRINI & ASSOCIATESPC 3425 SIMPSON FERRY ROAD CAMP HILL PA 17011 990 2010-01-01 230937747 PPL GOLD CREDIT UNION PPLG 4842234200 4703 HAMILTON BLVD ALLENTOWN PA 18103 CHERYL A BARTHOLOMEW 4842234200 2011-11-11 true FREDERICK A TABOR CPA 7177631644 2011-11-11 2010 2016-02-24 21:20:13Z CHERYL A BARTHOLOMEW 4703 HAMILTON BLVD ALLENTOWN PA 18103 4333493 false X WWW.PPLGOLD.ORG X 1937 PA PPL GOLD CREDIT UNION SEEKS TO PROVIDE OUR MEMBERS WITH A SOLID FISCAL ADVANTAGE THROUGH OUR EMPHASIS ON OFFERING COMPETITIVE LOANS AND DEPOSIT PRODUCTS. TO OUR MEMBERS, PPL GOLD CREDIT UNION REPRESENTS AN INSTITUTION THAT PROVIDES ABOVE-MARKET RATES ON DEPOSITS AND BELOW-MARKET RATES ON LOANS. WE RECOGNIZE THE INDIVIDUALITY OF EACH MEMBER. WE WANT TO BRING CONVENIENCE TO OUR MEMBERS' LIVES BECAUSE WE DO NOT WANT THEM TO FIND INTERACTING WITH THEIR CREDIT UNION A CHORE. WE WILL ACCORD MEMBERS THE RESPECT, SERVICE, AND COURTESY THEY DESERVE, FOR THEY ARE THE TRUE OWNERS OF OUR CREDIT UNION. 10 9 22 14 5614 -7112 0 3263283 3497193 1188701 825068 523803 11232 4975787 4333493 0 0 1052520 1221892 0 0 3245541 2727540 4298061 3949432 677726 384061 96150705 105243226 80339573 88974318 15811132 16268908 X PPL GOLD CREDIT UNION SEEKS TO PROVIDE OUR MEMBERS WITH A SOLID FISCAL ADVANTAGE THROUGH OUR EMPHASIS ON OFFERING COMPETITIVE LOANS AND DEPOSIT PRODUCTS. TO OUR MEMBERS, PPL GOLD CREDIT UNION REPRESENTS AN INSTITUTION THAT PROVIDES ABOVE-MARKET RATES ON DEPOSITS AND BELOW-MARKET RATES ON LOANS. WE RECOGNIZE THE INDIVIDUALITY OF EACH MEMBER. WE WANT TO BRING CONVENIENCE TO OUR MEMBERS' LIVES BECAUSE WE DO NOT WANT THEM TO FIND INTERACTING WITH THEIR CREDIT UNION A CHORE. WE WILL ACCORD MEMBERS THE RESPECT, SERVICE, AND COURTESY THEY DESERVE, FOR THEY ARE THE TRUE OWNERS OF OUR CREDIT UNION. false false PROVIDE 3,095 LOANS TO 7,612 MEMBERS. PROVIDE FINANCIAL SERVICES TO 7,612 MEMBERS. PROVIDE FINANCIAL SERVICES TO 7,612 MEMBERS. false false false false false false false false false true true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3795 0 true 22 true true true false false false false false X 10 9 false false false false true true true true true false false false false true true true true false X CHERYL A BARTHOLOMEW 4842234200 4703 HAMILTON BLVD ALLENTOWN PA 18103 DAVID HOPKINS 1.00 X 6385 0 0 DANIEL J MOFFITT 1.00 X 660 0 0 JAMES S PENNINGTON 1.00 X 555 0 0 MARJORIE J SOLOMON 1.00 X 420 0 0 LINDA F MCDONALD 1.00 X 385 0 0 DONALD N FRAZIER 1.00 X 350 0 0 DONALD J JAMISON 1.00 X 350 0 0 JANIS M THOMAS 1.00 X 350 0 0 WILLIAM J CAMPBELL 1.00 X 315 0 0 PAUL J WIRTH 1.00 X 280 0 0 CHERYL A BARTHOLOMEW 40.00 X 128744 0 14082 DONNA L FOGEL 40.00 X 59615 0 9355 198409 23437 1 false false false ALLIED BUILDING CORP 3773 CORPORATE PARKWAY SUITE 390 CENTER VALLEY PA 18034 CONSTRUCTION MA 1238725 FISERV 455 SOUTH GULF ROAD KING OF PRUSSIA PA 19406 DATA PROCESSING 208651 COMMUNICATIONS SYSTEMS INC 4670 SHANTZ ROAD ALLENTOWN PA 18104 IT SERVICES 157289 3 MEMBER LOAN INTEREST INCOME 522291 3327716 3327716 PLASTIC CARD INCOME 522210 85400 85400 FEE INCOME 522100 78463 78463 ATM SURCHARGES 522100 5614 5614 3497193 825068 825068 OTHER 525990 11232 11232 11232 4333493 3502811 5614 825068 221846 793869 27714 103058 75405 6694 16331 176582 131074 256953 281624 36973 32156 9499 1141670 127853 34170 NCUSIF STABILIZATION EXP 214049 LENDING EXPENSES 196198 PROVISION FOR LOAN LOSSES 41100 OTHER 24614 3949432 0 0 0 280136 366284 4866516 2135134 231273 213595 57930902 66728708 171967 361338 3205997 295280 1431160 2910717 21002355 17380608 8790760 13784798 1445636 1362044 96150705 105243226 130790 144689 80208783 88829629 80339573 88974318 X 15811132 16268908 15811132 16268908 96150705 105243226 X 384061 73715 X false false false false false false false false false false false false false 601647 601647 1564564 29966 1534598 412165 78588 333577 627621 186726 440895 2910717 CERTIFICATES OF DEPOSIT 13784798 C 13784798 MEMBER SHARES & SAVINGS ACCOUNTS 49567423 MEMBER CERTICATES OF DEPOSIT 39262206 88829629 ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION PPL GOLD CREDIT UNION SEEKS TO PROVIDE OUR MEMBERS WITH A SOLID FISCAL ADVANTAGE THROUGH OUR EMPHASIS ON OFFERING COMPETITIVE LOANS AND DEPOSIT PRODUCTS. TO OUR MEMBERS, PPL GOLD CREDIT UNION REPRESENTS AN INSTITUTION THAT PROVIDES ABOVE-MARKET RATES ON DEPOSITS AND BELOW-MARKET RATES ON LOANS. WE RECOGNIZE THE INDIVIDUALITY OF EACH MEMBER. WE WANT TO BRING CONVENIENCE TO OUR MEMBERS' LIVES BECAUSE WE DO NOT WANT THEM TO FIND INTERACTING WITH THEIR CREDIT UNION A CHORE. WE WILL ACCORD MEMBERS THE RESPECT, SERVICE, AND COURTESY THEY DESERVE, FOR THEY ARE THE TRUE OWNERS OF OUR CREDIT UNION. ALL OTHER ACHIEVEMENTS DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D PROVIDE FINANCIAL SERVICES TO 7,612 MEMBERS. CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION HAS A SINGLE CLASS OF VOTING MEMBERS. EACH MEMBER HAS AS SINGLE VOTE IN THE ELECTION OF MEMBERS TO THE CREDIT UNION'S BOARD OF DIRECTORS. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A THE CREDIT UNION HAS A SINGLE CLASS OF VOTING MEMBERS. EACH MEMBER HAS AS SINGLE VOTE IN THE ELECTION OF MEMBERS TO THE CREDIT UNION'S BOARD OF DIRECTORS. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B THE CREDIT UNION'S MEMBERS MUST APPROVE: -THE APPOINTMENT OF MEMBERS TO THE BOARD OF DIRECTORS -CHANGES TO THE GOVERNING DOCUMENTS OF THE CREDIT UNION. -THE MERGER OF THE CREDIT UNION. -THE DISSOLUTION OR CONVERSION OF THE CREDIT UNION. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN WILL BE REVIEWED BY THE CREDIT UNION'S ACCOUNTING AND HUMAN RESOURCES MANAGER PRIOR TO FILING. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE CREDIT UNION UTILIZES THE SERVICES OF COMPEASE, A COMPENSATION ADMINISTRATOR, TO DEVELOP THE SALARIES FOR THE CEO AND OTHER OFFICERS/KEY EMPLOYEES. THE CEO'S COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE CREDIT UNION UTILIZES THE SERVICES OF COMPEASE, A COMPENSATION ADMINISTRATOR, TO DEVELOP THE SALARIES FOR THE CEO AND OTHER OFFICERS/KEY EMPLOYEES. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE PROVIDED UPON REQUEST AT THE CREDIT UNION'S MAIN OFFICE. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE POSTED IN THE LOBBIES OF ALL BRANCHES ON A MONTHLY BASIS. QUARTERLY FINANCIAL STATMENTS (CALL REPORTS) ARE AVAILABLE ON WWW.NCUA.GOV. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 OTHER CHANGES IN NET ASSETS OF 73,715 IS ATTRIBUTABLE TO THE NET CHANGE IN UNREALIZED GAIN ON AVAILABLE-FOR-SALE SECURITIES.