2011-08-15T09:21:05-07:00 2010-12-31 ROBERT ANDERSON & COMPANY PC 138 DODGE ST BEVERLY MA 019151866 990 2010-01-01 020223137 TRIANGLE CREDIT UNION TRIA 6038892470 33 FRANKLIN STREET NASHUA NH 03064 A SCOTT MACKNIGHT 2011-08-15 2010 2016-02-24 21:20:13Z 38995718 false false X TRIANGLECU.ORG X CREDIT UNION 7 6 164 6 99076 -6704 0 16043067 17049162 3168567 3854614 4814239 3645318 24025873 24549094 0 0 6449954 7048337 0 0 14522187 13938340 20972141 20986677 3053732 3562417 432414172 459998793 401742688 426824634 30671484 33174159 CREDIT UNION false false 5951200 MAINTENENCE OF MEMBER DEPOSIT ACCOUNTS - 71,712 ACCOUNTS. 17049162 MAKING LOANS TO MEMEBERS AT MARKET RATES OF INTEREST. NUMBER OF ACCOUNTS - 14,081. 5951200 false false false false false false false false true false true false false false true false true true false false false false false false false false false false false true false false false false false false true false false false false false false false false false true true true false false true 12079 0 true 164 true true true false false false false false false false false false false false false false X 7 6 false false false false true true false true true false true true false true true true true true true true false false X SCOTT MAC KNIGHT 6038892470 33 FRANKLIN STREET NASHUA NH 03064 RICK HOLDER 1.00 X 0 0 0 REBECCA S MACLENNAN 1.00 X 0 0 0 MAURICE D SIMARD JR 40.00 X X X 301492 0 42614 MARK WARNER 40.00 X X 175840 0 24474 MARK RICHARDSON 1.00 X 0 0 0 MARGO COMPAGNA 1.00 X 0 0 0 GEORGE P ADAMATTIS 1.50 X X 0 0 0 FRANK ROMANELLI 40.00 X 117033 0 19158 DAVID C DEGULIS 2.00 X X 0 0 0 594365 86246 3 false true false XP SYSTEMS 75 REMITTANCE DRIVE SUITE 6963 CHICAGO IL 60675 IT 168734 VISA DPS 8910 RIDGELINE BLVD HIGHLANDS RANCH CO 80129 ATM/DEBIT CARD 328442 PM SYSTEMS CORPORATION 99944 COLLECTION CENTER DRIVE CHICAGO IL 60693 IT 185783 PAETEC COMMUNICATIONS PO BOX 1283 BUFFALO NY 14240 TELECOMMUNICATIONS 154138 HARVARD PILGRIM HEALTH CARE PO BOX 970050 BOSTON MA 02297 HEALTH INSURANCE 915252 706576 0 INTEREST ON LOANS 17049162 17049162 17049162 3145066 3145066 0 0 0 15156172 14446624 709548 709548 709548 0 0 0 OTHER INCOME 205868 205868 MEMBER FEES & CHARGES 3048098 3048098 FAS91 NET ORIGINATION FEE 257439 257439 133913 34837 99076 3645318 24549094 24450018 99076 0 0 0 0 680611 680611 0 4994624 4994624 0 932964 932964 440138 440138 0 10308 10308 92395 92395 0 0 0 0 247173 247173 926078 926078 531869 531869 0 683871 683871 0 0 147822 147822 7312455 5951200 1361255 0 740944 740944 75340 75340 PROVISION FOR LOSSES 780000 780000 Postage and Shipping 203202 203202 NCUA STABILIZATION EXPENSE 1258808 1258808 LOAN SERVICING 241645 241645 FURNITURE & EQUIP MAINTEN 114330 114330 572100 572100 20986677 5951200 15035477 0 4169343 4553616 29247704 21985345 0 0 738873 747001 0 291771904 319030771 0 1874214 1534656 13959000 7230784 6962029 6728216 90405403 93028418 0 0 0 7244702 12390770 432414172 459998793 513343 743314 133168 136041 48000000 40000000 353096177 385945279 401742688 426824634 X 30671484 33174159 30671484 33174159 432414172 459998793 X 3562417 -1059742 X false true true X false false false true 1358295 1358295 4643194 1098193 3545001 1043511 897744 145767 42574 20669 21905 6871426 5214178 1657248 6728216 TREASURY DRAFT DUE 1966583 SHARES AND DEPOSITS 383603060 OTHER LIABILITIES 46350 DEFERRED INCOME 329286 385945279 24549094 20986677 3562417 -1059742 -1059742 2502675 24549094 24549094 24549094 20986677 20986677 20986677 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances CHANGE IN MARKET VALUE DUE TO FAS115 $ -833138 YEAR END PENSION ADJUSTMENT $ -226604 Part IV, Line 2b Part IV, Line 2b: Explanation of escrow account liability MORTGAGE ESCROW ACCOUNTS HELD FOR THE PAYMENT OF REAL ESTATE TAXES FOR MUNICIPALITIES. X X X false false false MAURICE D SIMARD JR 276446 25046 32691 9923 344106 MARK WARNER 161156 14684 13559 10915 200314 MARK WARNER LOAN X 5000 2776 false true true MARK WARNER LOAN X 9730 7464 false true true NORMAN HOLDER LOAN X 22030 15950 false true true NORMAN HOLDER LOAN X 4930 1317 false true true MARGO COMPAGNA LOAN X 55000 50984 false true true MAURICE SIMARD JR LOAN X 19981 16045 false true true ADAM GURECKIS SR LOAN X 5000 4703 false true true MARK WARNER LOAN X 137750 78293 false true true MARK WARNER LOAN X 200000 194647 false true true MARK WARNER LOAN X 49030 45702 false true true MAURICE SIMARD JR LOAN X 450000 329120 false true true MAURICE SIMARD JR LOAN X 5000 false true true 747001 HAMPSHIRE HILLS FITNESS CENTER DIRECTOR BUSINESS 1460 ROOM RENTAL FOR MEETING false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Information is posted at credit union branches and available upon request and at annual meeting. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE PERSONNEL COMMITTEE, WHICH IS MADE UP OF OF SELECTED BOARD MEMBERS MEET IN THE FOURTH QUARTER OF EVERY YEAR TO REVIEW DATA PRESENTED BY THE VP OF HUMAN RESOURCES. THE DATA REVIEWED IS OBTAINED BY A THIRD PARTY WHO ANALYZE JOB POSITIONS BASED ON THE SAME RESPONSIBILITY CRITERIA. THIS INFORMATION IS USED TO DETERMINE SALARIES FOR ALL OTHER POSITIONS AS WELL. GENERALLY, SALARIES RANGE BETWEEN 80% AND 120% OF THE PAY SCALE PROVIDED. THE COMMITTEE SUBSEQUENTLY MAKES A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS.NOTE: THE COMPENSATION PROVIDER'S DATA IS COLLECTED FROM SEVERAL WELL KNOW SALARY SURVEYS. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts REVIEWED ANNUALLY. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process NO, DUE TO THE TIMING OF THE BOARD MEETING WE WILL NOT BE ABLE TO PRESENT IT TO THEM FOR REVIEW. IT WILL BE PRESENTED AT THE AUGUST BOARD MEETING.THE 990 IS PRESENTED BY THE TREASURER/PRESIDENT TO THE BOARD OF DIRECTORS. EACH LINE ITEM IS DISCUSSED. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Persons who meet the requirements of the organization's field of membership who hold at least one share of the capital. VALLEY-WILLOW LLC 33 FRANKLIN STREET NASHUA NH 03064 205885999 LEASED PROPERTY NH TRIANGLE CREDIT UNION true TCU MAIN STREET 110 MAIN STREET NASHUA NH 03060 262814252 LEASED PROPERTY NH TRIANGLE CREDIT UNION true VALLEY-WILLOW LLC 33 FRANKLIN STREET NASHUA NH 03064 205885999 LEASED PROPERTY NH N/A CORP TCU MAIN STREET 110 MAIN STREET NASHUA NH 03060 262814252 LEASED PROPERTY NH N/A CORP false false false false false false false false false true false false false false false false false false VALLEY-WILLOW LLC j 55362 Market TCU MAIN STREET j 134570 Market