2011-11-14T14:39:53-06:00 2010-12-31 MAULDIN & JENKINS LLC 200 GALLERIA PARKWAY SE SUITE 1700 ATLANTA GA 303395946 990 2010-01-01 580240950 ASSOCIATED CREDIT UNION ASSO 7704488200 6251 CROOKED CREEK ROAD NORCROSS GA 300923107 TIMOTHY G BRIDGES 7704488200 2011-11-11 1 KRIS TRAINOR 7709558600 X 2010 2016-03-07 17:11:31Z TIMOTHY G BRIDGES 6251 CROOKED CREEK ROAD NORCROSS GA 300923107 57004162 0 X WWW.ACUONLINE.ORG X CREDIT UNION 1930 GA STATE-CHARTERED CREDIT UNION 15 14 340 0 1137412 -24669 0 0 46016384 49405373 6794720 7598789 5307105 0 58118209 57004162 0 0 0 0 17507420 17928349 0 0 0 32307297 35262774 49814717 53191123 8303492 3813039 1202215012 1134232842 1076744655 1004949446 125470357 129283396 ASSOCIATED CREDIT UNION OFFERS MEMBERS FINANCIAL PRODUCTS THAT FULFILL THEIR NEEDS, SERVICE THAT EXCEEDS THEIR EXPECTATIONS, AND RELATIONSHIPS THAT INSPIRE THEIR TRUST. 0 0 ASSOCIATED CREDIT UNION IS A FULL-SERVICE FINANCIAL INSTITUTION OFFERING A WIDE VARIETY OF PRODUCTS AND SERVICES TO OVER 150,000 MEMBERS IN THE STATE OF GEORGIA. 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 41287 0 1 340 1 1 1 0 0 0 0 0 X 15 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X BETH R TYNAN 7703682117 6251 CROOKED CREEK ROAD NORCROSS GA 300923107 JAMES C BARBRE 1.00 X 5500 0 0 PAUL ENDERS 1.00 X 5500 0 0 CHUCK GEHRMANN 1.00 X 6000 0 0 HARVEY CAMPBELL 1.00 X 6000 0 0 KEITH GETTMANN 1.00 X 6000 0 0 DON HEMENWAY 1.00 X 5500 0 0 TIM F KERCHEVAL 1.00 X 6000 0 0 MORRIS W MACEY 1.00 X 1000 0 0 MARGARET PITTMAN 1.00 X 6000 0 0 DOYLE SPEARS 1.00 X 6000 0 0 ALBERT W SMITH 1.00 X 6000 0 0 JOHN PETROS 1.00 X 5500 0 0 RON FORD 1.00 X 6000 0 0 ALLEN BRYAN 1.00 X 6000 0 0 C LIN HODGES 40.00 X X 527062 0 51572 GEORGE M CLARKE 1.00 X 4000 0 0 TIM BRIDGES 40.00 X 222916 0 19689 T GREG CONNOR 40.00 X 298605 0 29448 GLENN C MILLER 40.00 X 155848 0 23427 DEBORAH S TUTTLE 40.00 X 159667 0 22032 EXCEPTRAL L HARDEN 40.00 X 138189 0 18857 KARL MANN 40.00 X 149483 0 12325 PAMELA M MOTT 40.00 X 139473 0 20252 MARK WALLER 40.00 X 144801 0 16383 2017044 0 213985 11 0 1 0 BLUE CROSS BLUE SHIELD 3350 PEACHTREE RD ATLANTA GA 30326 EMPLOYEE INSURANCE 2300250 NATIONAL CREDIT UNION ADMINISTRATION PO BOX 979069 ST LOUIS MO 63197 REGULATORY ASSESSMENT 2087879 COLLATERAL PROTECTION 1336 WINDSOR STREET HUNTSVILLE TX 75340 INSURANCE PRODUCT 2087879 GWINNETT PLACE FORD 3230 SATELLITE BLVD DULUTH GA 30096 INDIRECT LENDING 1014045 SUTHERLIN NISSAN 1855 LUKE KING PARKWAY BUFORD GA 30519 INDIRECT LENDING 977842 5 INTEREST ON LOANS 522100 27079118 27079118 FEE INCOME 522100 18218319 17080907 1137412 OTHER OPERATING INCOME 522100 4107936 4107936 49405373 7584702 7584702 3120 10967 3120 10967 14087 14087 57004162 48267961 1137412 7598789 1591264 11082216 851981 3461399 941489 10408 60000 1544668 1179863 6170547 171051 1154359 173100 251430 11324709 1161345 2712392 PROVISION FOR LOAN LOSS 5773813 LOAN SERVICING EXPENSE 2830190 MISCELLANEOUS OPERATING 470071 DUES 159141 OPERATING FEES 115676 11 53191123 8335558 10747664 71460204 75894774 485446487 434413208 24022204 12549795 11847916 11472409 568076930 568463419 36402690 12535413 20645227 20705955 1202215012 1134232842 14541085 12686445 1062203570 992263001 1076744655 1004949446 X 0 0 0 0 125470357 129283396 125470357 129283396 1202215012 1134232842 3813039 0 X X 0 1 1 X 0 2906604 2906604 10524007 4075820 6448187 5081346 4386372 694974 5510247 4087603 1422644 11472409 HELD TO MATURITY SECURITIES 422394052 F MEMBERSHIP CAPITAL AT CORPORATE CREDIT UNIONS 1842781 C OTHER INVESTMENTS AT CORPORATE CREDIT UNIONS 140000000 C OTHER INVESTMENTS 4226586 F 568463419 MEMBER SHARES AND DEPOSITS 992263001 992263001 57004162 53191123 3813039 0 3813039 57004162 0 57004162 0 57004162 53191123 0 53191123 0 53191123 PART XI, LINE 8 - OTHER ADJUSTMENTS: EQUITY ACQUIRED IN MERGER X X X 1 1 X X X 0 1 0 C LIN HODGES 417062 0 110000 0 0 0 48393 0 3179 0 578634 0 0 0 TIM BRIDGES 180416 0 42500 0 0 0 17089 0 2600 0 242605 0 0 0 T GREG CONNOR 244605 0 54000 0 0 0 26848 0 2600 0 328053 0 0 0 GLENN C MILLER 140889 0 14959 0 0 0 22011 0 1416 0 179275 0 0 0 DEBORAH S TUTTLE 143948 0 15719 0 0 0 19432 0 2600 0 181699 0 0 0 EXCEPTRAL L HARDEN 124613 0 13576 0 0 0 16360 0 2497 0 157046 0 0 0 KARL MANN 133809 0 15674 0 0 0 9725 0 2600 0 161808 0 0 0 PAMELA M MOTT 126765 0 12708 0 0 0 18029 0 2223 0 159725 0 0 0 MARK WALLER 127266 0 17535 0 0 0 13535 0 2848 0 161184 0 0 0 PART I, LINE 4B CONTRIBUTIONS TO A NON-QUALIFIED DEFERRED COMPENSATION PLAN: LIN HODGES 96,000 TIM BRIDGES 31,200 GREG CONNOR 30,240 GLENN MILLER 42,240 EXCEPTRAL HARDEN 33,390 KARL MANN 25,920 PAMELA MOTT 34,560 DEBORAH TUTTLE 34,320 BETSY LYNN 34,560 MARK WALLER 25,440 FORM 990, PART VI, SECTION A, LINE 6 ASSOCIATED CREDIT UNION IS A STATE-CHARTERED CREDIT UNION WITH 153,534 VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ASSOCIATED CREDIT UNION HAS MEMBERS WHO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD WILL RECEIVE A PDF OF FORM 990. THIS WILL GIVE THEM TIME TO REVIEW AND COMMENT ON THE RETURN. RECOMMENDED CHANGES WILL BE INCORPORATED INTO THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN AN OATH AND FILL OUT AN APPLICATION FOR THE GEORGIA DEPARTMENT OF BANKING DECLARING NO CONFLICT OF INTEREST WITH ASSOCIATED CREDIT UNION. ALSO, THROUGH EXTERNAL THIRD PARTY AUDITS AND EXAMINATIONS BY THE DEPARTMENT OF BANKING AND FINANCE OF GEORGIA AND THE NATIONAL CREDIT UNION ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN OF THE BOARD OR THE PERSONNEL CHAIRMAN APPROVE THE PRESIDENT'S/CEO COMPENSATION AND BENEFITS. THE CEO APPROVES TOP MANAGEMENT COMPENSATION. DATA IS USED FROM CUES EXECUTIVE REVIEW AND CUNA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ANNUAL TAX RETURNS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF THE MAIN OFFICE AND BRANCHES FOR REVIEW. FORM 990 PART XI, LINE 2C THE PROCESS FOR SELECTION OF AUDITORS AND REVIEW OF FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. THE ASSOCIATED CREDIT UNION FOUNDATION INC 6251 CROOKED CREEK ROAD NORCROSS GA 30092 262834337 CHARITABLE GIVING GA 501(C)(3) LINE 7 N/A 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THE ASSOCIATED CREDIT UNION FOUNDATION INC B 50375