2011-08-15T09:54:11-07:00 2010-12-31 ROBERT ANDERSON & COMPANY PC 138 DODGE ST BEVERLY MA 019151866 990 2010-01-01 041866740 MASSACHUSETTS STATE EMPLOYEES CREDIT UNION MASS 6177235555 1 CENTER PLAZA BOSTON MA 02108 JOHN J MORRISSEY 2011-08-15 2010 2016-02-24 21:20:13Z 5203791 false false X N/A CREDIT UNION - THRIFT SERVICES 13 12 27 11 48048 -79901 0 3827899 3489188 242752 301715 1604780 1412888 5675431 5203791 0 0 1859899 1764846 0 0 4310402 4542409 6170301 6307255 -494870 -1103464 69233699 72738210 62251253 66833562 6982446 5904648 CREDIT UNION - THRIFT SERVICES false false 659007 MAINTENANCE OF MEMBER SHARES AND DEPOSITS AND THE INVESTMENT OF SAID FUNDS AT FAVORABLE INTEREST RATES. NUMBER OF ACCOUNTS 22,813. 3489188 MAKING OF LOANS TO MEMBERS AT MARKET RATES OF INTEREST. NUMBER OF ACCOUNTS 4,354. 659007 false false false false false false false false true false true false false false true false true false 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 false false false false false true 3247 0 true 27 true true true false false false false false false false false false false false false false X 13 12 false true false false true true false true true false false false true false false false false true true true false false X ROBERT McDONALD 6177235555 1 CENTER PLAZA BOSTON MA 02108 SUSAN KILLORY 40.00 X 81000 0 8128 ROBERT MINUE 1.50 X 0 0 0 ROBERT McDONALD 40.00 X 119250 0 15123 ROBERT A POWILATIS 5.00 X X 0 0 0 RICHARD P CONNAUGHTON 1.50 X X 0 0 0 RALPH W WHITE 1.50 X X 0 0 0 KATHY SHEPPARD 1.50 X 0 0 0 JOHN J MORRISSEY 40.00 X X X 169908 0 16819 JANET GRANFIELD 1.50 X X 0 0 0 JAMES VIEIRA 1.50 X 0 0 0 JAMES MACDONALD 1.50 X 0 0 0 EDWARD W CONNORS 40.00 X 99194 0 14522 DONNA LEE 1.50 X X 0 0 0 DAVID W GAVIGAN 1.50 X 0 0 0 CLAIRE SHEEHAN 40.00 X 67525 0 10422 ARTHUR DESROCHER 1.50 X 0 0 0 536877 65014 2 false true false PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDITCARD 173083 CU SOUTH 1060 SPRINGHILL AVENUE MOBILE AL 36604 DATA PROCESSOR 289206 BLUE CROSSBLUE SHIELD OF MASSACHUSETTS LANDMARK CENTER- 401 PARK DRIVE BOSTON MA 02215 HEALTH/DENTAL INSURA 190659 3 0 INTEREST ON LOANS 3489188 3489188 3489188 301715 301715 0 0 0 0 0 0 0 SERVICE CHARGES & FEES 1128159 1128159 OTHER INCOME 236681 236681 NON MEMBER ATM FEE INCOME 48048 48048 1412888 5203791 5155743 48048 0 0 0 0 601891 601891 0 815343 815343 56277 56277 178707 178707 112628 112628 0 3636 3636 30856 30856 0 0 0 0 64059 64059 162428 162428 272194 272194 0 418621 418621 0 0 43050 43050 659007 659007 0 118096 118096 24340 24340 PROVISION FOR LOAN LOSSES 1926061 1926061 Postage and Shipping 85314 85314 NCUSIF STABILIZATION 166060 166060 LOAN SERVICING 220519 220519 DEBIT CARD 170989 170989 177179 177179 6307255 659007 5648248 0 926223 326868 17492862 29453979 0 0 120531 212705 0 45817712 38554526 0 67173 49964 823856 549677 377025 274179 2825678 2304547 0 0 0 1606495 1561442 69233699 72738210 216602 217343 185471 42903 61849180 66573316 62251253 66833562 X 6982446 5904648 6982446 5904648 69233699 72738210 X -1103464 25666 X false true true X false false false true 186622 87794 98828 637234 461883 175351 274179 OTHER LIABILITIES 11485 MEMBER SHARES AND DEPOSIT ACCOUNTS 66561831 66573316 5203791 6307255 -1103464 25666 25666 -1077798 5203791 5203791 5203791 6307255 6307255 6307255 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances CHANGE IN FMV ON AVAILABLE FOR SALE SECURITIES $25666 X true true X X X X X false false false JOHN J MORRISSEY 169908 15292 1527 186727 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. ROBERT MINUE LOAN X 15185 4302 false true true KATHY SHEPPARD-FISHER MORTGAGE X 101250 98049 false true true THOMAS WADE CREDIT CARD X 10000 1774 false true true JAMES MACDONALD MORTGAGE X 87000 37518 false true true JAMES MACDONALD HOME EQUITY X 90000 11679 false true true SUSAN KILLORY USED AUTO X 25035 1976 false true true JANET GRANFIELD MORTGAGE X 80000 39559 false true true EDWARD CONNORS USED AUTO X 16944 16588 false true true EDWARD CONNORS USED AUTO X 4615 1260 false true true 212705 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Information is posted in credit union's lobby and available upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees INDUSTRY STANDARD SURVEY FROM CUES (CREDIT UNION EXECUTIVE SOCIETY COMPENSATION SURVEY), CUNA SURVEY, MASS CREDIT UNION LEAGUE SURVEY. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process THE BOARD WILL REVIEW THE 990 AND RECORD IT IN THE MINUTES BEFORE FILING. THE REVIEW PROCESS INCLUDES, MANAGEMENT REVIEW, AUDIT COMMITTEE REVIEW AND BOARD OF DIRECTORS REVIEW. 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. Form 990, Part VI, Line 3 Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company INVESTMENT DECISIONS, BRICK & ASSOCIATES, INC.