2011-11-11T13:49:57-06:00 2010-12-31 PADDEN GUERRINI & ASSOCIATESPC 3425 SIMPSON FERRY ROAD CAMP HILL PA 17011 990 2010-01-01 230338105 LEHIGH VALLEY EDUCATORS CREDIT UNION LEHI 6108200145 3720 HAMILTON BLVD ALLENTOWN PA 18103 ROSEMARIE E KRANTZ 6108200145 2011-11-11 true FREDERICK A TABOR CPA 7177631644 2011-11-11 2010 2016-03-07 17:11:31Z X ROSEMARIE E KRANTZ 3720 HAMILTON BLVD ALLENTOWN PA 18103 10085232 false X WWW.LVECU.ORG X 1934 PA THE LEHIGH VALLEY EDUCATORS CREDIT UNION, A NOT FOR PROFIT FINANCIAL SERVICE ORGANIZATION, PROVIDES QUALITY FINANCIAL SERVICES OF EXCEPTIONAL VALUE TO EACH MEMBER WHILE MAINTAINING A SOUND BUSINESS STRUCTURE. 9 9 32 4364 -88 0 5566399 5653730 5606960 4425329 1221803 6173 12395162 10085232 0 0 1614078 1580517 0 0 9120359 6325583 10734437 7906100 1660725 2179132 247506237 263273587 208896493 222329772 38609744 40943815 THE LEHIGH VALLEY EDUCATORS CREDIT UNION, A NOT FOR PROFIT FINANCIAL SERVICE ORGANIZATION, PROVIDES QUALITY FINANCIAL SERVICES OF EXCEPTIONAL VALUE TO EACH MEMBER WHILE MAINTAINING A SOUND BUSINESS STRUCTURE. false false PROVIDE 8,761 LOANS TO 15,889 MEMBERS. PROVIDE FINANCIAL SERVICES TO 15,889 MEMBERS. 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 false false false false false false false false false false false false false false false false true 10200 0 true 32 true true true false false false false false X 9 9 false false false false true true true true true false false false true false false false true false false false X RONALD W HOUCK 6108200145 3720 HAMILTON BLVD ALLENTOWN PA 18103 ROBERT BOLD 1.00 X 1000 0 0 EUGENIA EMERT 1.00 X 550 0 0 WILLIAM AYERS 1.00 X 550 0 0 GARY PHILLIPS 1.00 X 500 0 0 CARMEN RIOLA 1.00 X 500 0 0 DANIEL JOSEPH 1.00 X 500 0 0 ROBERT MAZA 1.00 X 500 0 0 DANIEL WEAVER 1.00 X 500 0 0 GARY FEDORCHA 1.00 X 500 0 0 ROSEMARIE E KRANTZ 40.00 X 88856 0 39419 RONALD W HOUCK 40.00 X 80794 0 33883 174750 73302 false false false FISERV 255 FISERV DRIVE BROOKFIELD WI 53008 DATA PROCESSING 354628 FIDELITY NATIONAL INFORMATION SYSTEM 601 RIVERSIDE AVE JACKSONVILLE FL 32204 PYMT PROCESSING 203492 2 LOAN INTEREST INCOME 522291 4715593 4715593 PLASTIC CARD INCOME 522100 736941 736941 FEE INCOME 522100 196832 196832 NON-MEMBER ATM FEES 525990 4364 4364 5653730 4425329 4425329 MISCELLANEOUS INCOME 522100 6173 6173 6173 10085232 5655539 4364 4425329 248052 827695 161274 252480 91016 51727 25100 92621 298252 635285 246320 254056 3237 41921 2268183 305892 69305 PROVISION FOR LOAN LOSS 740345 LENDING EXPENSES 606811 NCUSIF PREM/CORP STAB EXP 551642 OTHER 111908 OTHER NON-OPERATING EXP 22978 7906100 0 0 0 927970 753749 15540315 11859866 1791801 1835375 75686540 76708559 122104 131248 8689961 2312296 6637266 6377665 116927406 135381640 26964000 27178000 2908835 3047485 247506237 263273587 928161 1043864 207968332 221285908 208896493 222329772 X 38609744 40943815 38609744 40943815 247506237 263273587 2179132 154939 X false true true X false false false false false false false false false false false 1478502 1478502 5607839 1039957 4567882 1603620 1272339 331281 6377665 CERTIFICATES OF DEPOSIT 27178000 C 27178000 MEMBER SHARE AND SAVINGS ACCOUNTS 221285908 221285908 10085232 7906100 2179132 192035 -37096 154939 2334071 10277267 192035 192035 10085232 10085232 7943196 37096 37096 7906100 7906100 RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 NET CHANGE IN PENSION LIABILITY -37,096 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D NET CHANGE IN PENSION LIABILITY 37,096 CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS. EACH MEMBER HAS A SINGLE VOTE IN THE ELECTION OF 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 MEMBERS. EACH MEMBER HAS A SINGLE VOTE IN THE ELECTION OF 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 MERGER OF THE CREDIT UNION. -THE DISSOLUTION OR CONVERSION OF THE CREDIT UNION. -CHANGES TO THE CREDIT UNION'S CHARTER, ARTICLES AND BYLAWS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE CREDIT UNION'S MANAGEMENT PRIOR TO SUBMISSION. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 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.