OAK TRUST CREDIT UNION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: OAK TRUST CREDIT UNION (EIN 36-6111536)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-16
IRS object ID: 201131369349300043
Schema version: 2010v3.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-16T11:53:24-07:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	366111536	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	OAK TRUST CREDIT UNION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	OAKT	NameControl
Phone	8002326728	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1811 W Diehl Road	AddressLine1
Address Line2	Suite 700	AddressLine2
City	Naperville	City
State	IL	State
ZIP Code	60563	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Mario Aguirre	Name
Title	CFO, VP of Finance	Title
Phone	6307922965	Phone
Date Signed	2011-04-29	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	James Dean	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	1811 W Diehl Road	AddressLine1
Address Line2	Suite 700	AddressLine2
City	Naperville	City
State	IL	State
ZIP Code	60563	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	4813040	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.oaktrust.com	WebSite
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	Credit Union	TypeOfOrgOtherDescription
Year Formation	1964	YearFormation
State Legal Domicile	IL	StateLegalDomicile
Activity Or Mission Description	Oak Trust Credit Union is a cooperative, not-for-profit financial institution organized to promote thrift and provide financial products and services to members.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	6	NbrIndependentVotingMembers
Total Nbr Employees	33	TotalNbrEmployees
Total Nbr Volunteers	9	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	5237815	ProgramServiceRevenuePriorYear
Program Service Revenue CY	4676229	ProgramServiceRevenueCY
Investment Income Prior Year	124613	InvestmentIncomePriorYear
Investment Income Current Year	136811	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	5362428	TotalRevenuePriorYear
Total Revenue Current Year	4813040	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1782247	SalariesEtcPriorYear
Salaries Etc Current Year	1437774	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	4127433	OtherExpensePriorYear
Other Expenses Current Year	3569472	OtherExpensesCurrentYear
Total Expenses Prior Year	5909680	TotalExpensesPriorYear
Total Expenses Current Year	5007246	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-547252	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-194206	RevenuesLessExpensesCY
Total Assets BOY	72183138	TotalAssetsBOY
Total Assets EOY	69977439	TotalAssetsEOY
Total Liabilities BOY	63715888	TotalLiabilitiesBOY
Total Liabilities EOY	61808123	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	8467250	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	8169316	NetAssetsOrFundBalancesEOY
Mission Description	Oak Trust Credit Union is a cooperative, not-for-profit financial institution organized to promote thrift and provide financial products and services to members.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	5007246	Expense
Revenue	4216201	Revenue
Description	Provide financial services such as Loans, Savings Accounts, Checking Accounts, Retirement Accounts, as well as financial planning for 10,688 credit union members.	Description
Total Of Other Program Service Exp	0	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	0	TotalOfOtherProgramServiceRev
Total Program Service Expense	5007246	TotalProgramServiceExpense
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	0	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Loan To Officer Or DQP	1	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	1679	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	33	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	6	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	1	LocalChapters
Policies Reference Chapters	1	PoliciesReferenceChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	IL	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	MN	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Mario Aguirre	NamePerson
Telephone Number	6307922965	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1811 W Diehl Road	AddressLine1
Address Line2	Suite 700	AddressLine2
City	Naperville	City
State	IL	State
ZIP Code	60563	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	FormerFormer
James Broz
Board Member	2	X	0	0	0
Dan Aloia
Board Member	2	X	0	0	0
James Reinhardt
Board Member	2	X	0	0	0
Kevin Menser
Board Member	2	X	0	0	0
Tim Keefe
Board Member	2	X	0	0	0
Luann Lewis
Board Member	2	X	0	0	0
Joanne Rock
Board Member	2	X	0	0	0
John Osterhout
Board Member	2	X	0	0	0
James Dean
CEO and President	50		200051	0	27831	X
Mario Aguirre
Chief Financial Officer	50		95036	0	0	X
Susan Zimmer
EVP	0		0	0	0		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	295087	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	27831	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	1	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	Address Line2AddressOfContractor/AddressUS/AddressLine2	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
John Drak and Associates
903 Commerce Drive	Suite 302	Oak Brook	IL	60523	Technical Support	143729
Fiserv
455 South Gulph Road	Suite 201	King of Prussia	PA	19406	Data Processor	105400
Blue Cross Blue Shield of Illinois
PO BOX 1186		Chicago	IL	60690	Health Insurance	185585

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K
Federated Campaigns	0	FederatedCampaigns
Membership Dues	0	MembershipDues
Fundraising Events	0	FundraisingEvents
Related Organizations	0	RelatedOrganizations
Government Grants	0	GovernmentGrants
All Other Contributions	0	AllOtherContributions
Noncash Contributions	0	NoncashContributions
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
Interest Income Generated from Loans	522130	3536428	3536428	0	$0
Fee Income	522130	1139801	1139801	0	$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	4676229	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	136811	TotalRevenueColumn
Related Or Exempt Function Income	136811	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	0	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	0	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	0	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Gaming	0	GrossIncomeGaming
Gaming Direct Expenses	0	GamingDirectExpenses

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	0	GrossSalesOfInventory
Cost Of Goods Sold	0	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4813040	TotalRevenueColumn
Related Or Exempt Function Income	4813040	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	306418	Total
Program Services	306418	ProgramServices

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	868025	Total
Program Services	868025	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	24395	Total
Program Services	24395	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	127814	Total
Program Services	127814	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	111122	Total
Program Services	111122	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	11891	Total
Program Services	11891	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total
Fundraising	0	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	113199	Total
Program Services	113199	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	225423	Total
Program Services	225423	ProgramServices

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	208698	Total
Program Services	208698	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	37994	Total
Program Services	37994	ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	47850	Total
Program Services	47850	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	507075	Total
Program Services	507075	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	16613	Total
Program Services	16613	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
Dividend Expense	596839	596839
Provision for Loan Loss	596509	596509
Audit and Exam Expenses	63714	63714
Loan Servicing	50328	50328
Credit Union Operations	708778	708778

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	384561	Total
Program Services	384561	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	5007246	Total
Program Services	5007246	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	542414	BOY
EOY	305487	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	3164664	BOY
EOY	5238673	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	5986	BOY
EOY	6702	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	242737	BOY
EOY	230295	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	60869089	BOY
EOY	49300674	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	114424	BOY
EOY	120393	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4527584	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1232263	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	3508087	BOY
EOY	3295321	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	2647814	BOY
EOY	5333217	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	4213353	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1087923	BOY
EOY	1933324	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	72183138	BOY
EOY	69977439	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	374493	BOY
EOY	491758	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	0	BOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	63341395	BOY
EOY	61316365	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	63715888	BOY
EOY	61808123	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	8467250	BOY
EOY	8169316	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	8467250	BOY
EOY	8169316	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	72183138	BOY
EOY	69977439	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-194206	ReconcilationRevenueExpenses
Reconcilation Other Changes	-103728	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	0	FSAudited
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	2127926	OtherCostOrOtherBasis
Book Value	2127926	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	782140	OtherCostOrOtherBasis
Depreciation	77544	Depreciation
Book Value	704596	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	295907	OtherCostOrOtherBasis
Depreciation	198000	Depreciation
Book Value	97907	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	669249	OtherCostOrOtherBasis
Depreciation	628343	Depreciation
Book Value	40906	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	652362	OtherCostOrOtherBasis
Depreciation	328376	Depreciation
Book Value	323986	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	3295321	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
Certificate of Deposit	4058000	C
Illinois Credit Union League Service Corporation	150000	C
CU Companies Stock	5353	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	4213353	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
Total Shares	$40,817,062
Total Regular Certificates of Deposit	$13,880,406
Total IRA Certificates of Deposit	$6,595,324
Checking Overdrafts	$23,573

Field	Value	IRS element (for citing)
Total Of Amounts	61316365	TotalOfAmounts

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Discretionary Spending Account	X	DiscretionarySpendingAccount
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
James Dean
200051	0	11331	0	16500	0	0	0	0	0	227882	0	0	0
Mario Aguirre
95036	0	0	0	0	0	0	0	0	0	95036	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	SchJ_P01_S00_L01a	Identifier
Return Reference	Schedule J, Part I, Line 1a	ReturnReference
Explanation	Business Travel Expenses. Oak Trust Credit Union will reimburse employees for reasonable business travel expenses incurred while on assignments away from the normal work location. If approved, the actual costs of travel, meals, lodging, and other expenses directly related to accomplishing business travel objectives will be reimbursed by Oak Trust Credit Union. Unless otherwise agreed to, employees will not receive reimbursement beyond the daily stipend limit of $40 established for employee meals. Mileage reimbursement for 2010 is $0.55 per mile. Please refer to www.irs.gov. To calculate office to office travel, use total mileage driven minus your normal commute mileage. For example, if you've driven a total of 99 miles for the day and your normal commute is 62 miles, you would be reimbursed for 37 miles. Employees who are involved in an accident while traveling on business must promptly report the incident to the proper law enforcement authorities, their immediate supervisor, and the CEO or Vice President of Finance. With prior approval, a family member or friend may accompany employees on business travel. Generally, employees are also permitted to combine personal travel with business travel, as long as time away from work is approved. The presence of a companion or adding personal travel should not interfere with the business objectives for the travel. Additional expenses arising from such non-business travel or non-employees are the responsibility of the employee. When travel is completed, employees should submit completed travel expense reports within 30 days. Receipts for all individual expenses of 25 dollars or more must accompany reports. Employees should contact HR for guidance and assistance on procedures related to travel arrangements, expense reports, reimbursement for specific expenses, or any other business travel issues. Abuse of this business travel expenses policy, including falsifying expense reports to reflect costs not incurred by the employee, can be grounds for disciplinary action, up to and including termination of employment.	Explanation

Schedule L IRS990ScheduleL

Loan Table LoanTable (7 entries)

Purpose Of LoanPurposeOfLoan	Loan From OrganizationLoanFromOrganization	Original PrincipalOriginalPrincipalAmount	Balance DueBalanceDue	DefaultDefault	Approved By BoardApprovedByBoard	Written AgreementWrittenAgreement
Tim Keefe
Home Equity Loan	X	$98,000	81661	0	1	1
James Broz
Consumer Loans	X	$30,410	26790	0	1	1
Kevin Menzer
Home Equity Line of Credit	X	$25,000	17780	0	1	1
James Reinhardt
Consumer Loan	X	$5,000	1731	0	1	1
Joanne Rock
Consumer and Home Equity Loan	X	$80,500	42978	0	1	1
James Dean
Consumer Loan and Home Equity Loan	X	$60,750	58073	0	1	1
Mario Aguirre
Consumer Loan	X	$7,500	1282	0	1	1

Field	Value	IRS element (for citing)
Total Balance Due	230295	TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P06_S0B_L11a	Form 990, Part VI, Section B, Line 11a	The Chief Financial Officer prepares the form and the Chief Executive Officer reviews and approves it.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	Employees and directors have an obligation to conduct business within guidelines that prohibit actual or potential conflicts of interest. This policy establishes only the framework within which Oak Trust Credit Union wishes the business to operate. The purpose of these guidelines is to provide general direction so that employees can seek further clarification on these issues related to the subject of acceptable standards of operation. An actual or potential conflict of interest occurs when an employees or director is in a position to influence a decision that may result in a personal gain for that person or for a relative as a result who is related by blood or marriage, or whose relationship with the employee is similar to that of persons who are related by blood or marriage. An Oak Trust Credit Union employee or director shall not represent Oak Trust Credit Union in any transaction where he or she has any material connection or financial interest. This policy includes, but is not limited to, approval of credit union overdrafts, and waiving of credit union charges, late charges, or other normal fees. It also includes making loans or any similar type of activity. Personal gain may also result in cases where an employee or director or relative has significant ownership in a firm which Oak Trust Credit Union does business or when an employee or director or relative receives any kickback, bribe, substantial gift, or special consideration as a result of any business dealings involving Oak Trust Credit Union. It is imperative that all relationships that could result in a potential conflict of interest be disclosed so that safeguards can be established to protect all parties.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	The credit union directors, officers, and committee members will not be paid for their services, except as permitted by the DFPR. The regulator indicates that the only person who may receive compensations is the Treasurer. Expense reimbursement: all directors, officers, and committee members are eligible for reimbursement for travel not to exceed $300 with a maximum of $3600 annually; for travel to board meetings or committee meetings.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	The organization makes its governing documents and financial statements available to the public upon request. Financial performance information is available on our website and is posted in a location visible to the public in all retail facilities.
F990_P11_S00_L05	Form 990, Part XI, Line 5	Accumulated Unrealized Losses on Available for Sale Securities: $98,594. Prior Period (2009) Balance Adjustment: $5,134