2026-05-08T10:43:54-05:00 2025-12-31 420714325 RSM US LLP 4650 EAST 53RD STREET DAVENPORT IA 528073479 990 2025-01-01 741162836 SHARED RESOURCES CREDIT UNION SHAR 7134739244 2102 E PASADENA FREEWAY PASADENA TX 77506 STEPHANIE SALAZAR PRESIDENT/CEO 7134739244 2026-05-06 1 JENIFER L CHASE P01306883 5638884000 2026-05-06 2025 2025-03-06 01:10:19Z STEPHANIE SALAZAR 2102 E PASADENA FREEWAY PASADENA TX 77506 2203622 0 X WWW.SRCU.NET X 1949 TX SHARED RESOURCES CREDIT UNION IS COMMITTED TO SERVING THE NEEDS OF OUR MEMBERS BY PROVIDING QUALITY SERVICES IN A CONSCIENTIOUS MANNER THAT WILL DEVELOP NEW BUSINESS AND ENHANCE EXISTING RELATIONSHIPS. 8 8 8 10 7847 0 0 0 1938986 1937412 287731 266210 0 0 2226717 2203622 0 0 0 0 690086 616737 0 0 0 1662930 1483318 2353016 2100055 -126299 103567 25888101 25004902 22668510 21681744 3219591 3323158 SHARED RESOURCES CREDIT UNION IS COMMITTED TO SERVING THE NEEDS OF OUR MEMBERS BY PROVIDING QUALITY SERVICE IN A CONSCIENTIOUS MANNER THAT WILL DEVELOP NEW BUSINESS AND ENHANCE EXISTING RELATIONSHIPS. 0 0 SHARE ACCOUNTS - SHARED RESOURCES CREDIT UNION (THE CREDIT UNION) SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. THE CREDIT UNION HAD MORE THAN 2,807 MEMBER-OWNED ACCOUNTS ON DECEMBER 31, 2025. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS QUARTERLY AND OFFER ACCESS THROUGH THE BRANCH NETWORK, HOME BANKING VIA THE INTERNET, OR TELEPHONE AND ATMS. SPECIAL SAVINGS ACCOUNTS DEVELOPED FOR CHILDREN ENCOURAGE THE DEVELOPMENT OF CONSISTENT SAVINGS HABITS. TOTAL SAVINGS ACCOUNT DIVIDENDS PAID BY THE CREDIT UNION TO MEMBERS IS $144,544. CHECKING ACCOUNTS - SHARED RESOURCES CREDIT UNION (THE CREDIT UNION) PROVIDES CHECKING ACCOUNTS FOR CONSUMERS WITH VARIOUS FEATURES, WHICH INCLUDE RECEIVING DIVIDENDS ON A MONTHLY BASIS. ADDITIONALLY, THE CREDIT UNION EXTENDS THE REACH OF THESE ACCOUNTS TO ALL MEMBERS WITH FREE DEBIT CARDS, INTERNET ACCOUNT ACCESS AND FREE USE OF THE INTERNET BILL PAY PROGRAM. TOTAL CHECKING ACCOUNT DIVIDENDS PAID BY THE CREDIT UNION TO MEMBERS IS $35,159. CONSUMER LOANS - SHARED RESOURCES CREDIT UNION (THE CREDIT UNION) HAS PROVIDED PERSONAL LOANS SINCE ITS EARLY YEARS. THE CONSUMER LOAN PRODUCT LINE NOW INCLUDES EFFICIENT UNDERWRITING AND FLEXIBLE OFFERINGS FOR VEHICLES, RECREATIONAL VEHICLES, BOATS, MOTORCYCLES AND HOME EQUITY LOANS. CONSUMER LIFE AND DISABILITY INSURANCE IS AVAILABLE ON ANY OF THESE LOAN TYPES. AT 12/31/2025, THE CREDIT UNION HAD LOAN BALANCES OF $18,368,033. 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 816 0 1 8 1 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X X STEPHANIE SALAZAR 7134739244 2102 E PASADENA FREEWAY PASADENA TX 77506 SCOTT BUCHANAN DIRECTOR 1.00 X 0 0 0 CLYDE COXIE JR FORMER DIRECTOR 1.00 X 0 0 0 PATRICIA JOHNSON SECRETARY 1.00 X X 0 0 0 TERRY MULLINS TREASURER 1.00 X X 0 0 0 WILLIAM PRATT DIRECTOR 1.00 X 0 0 0 BENNETT RADIN CHAIRMAN 1.00 X X 0 0 0 HOWARD ROTHMAN DIRECTOR 1.00 X 0 0 0 ERIC THOMPSON DIRECTOR 1.00 X 0 0 0 GARY TRUJILLO FORMER VICE CHAIRMAN 1.00 X X 0 0 0 JOHN WHIGHAM DIRECTOR 1.00 X 0 0 0 STEPHANIE SALAZAR PRESIDENT/CEO 40.00 X 98754 0 40850 98754 0 40850 0 0 0 0 FISERV 4055 VALLEY VIEW LN 1000 DALLAS TX 75244 DATA PROCESSING 423171 1 LOAN INCOME 522100 1346765 1346765 FEES AND CHARGES 522100 523982 516135 7847 MISCELLANEOUS INCOME 522100 66665 66665 1937412 266061 266061 149 0 149 149 149 2203622 1929565 7847 266210 X 139604 371648 54903 8652 41930 23184 636142 41153 166508 159244 5917 20188 10227 47878 39440 DIVIDENDS PAID TO MEMBE 179703 LOAN SERVICES 64215 PROVISION FOR LOAN LOSS 53242 DUES AND SUBSCRIPTIONS 15324 20953 2100055 15129 428901 19244493 18368033 30856 34820 1354761 1200752 201550 154009 5230995 4734995 1165078 1284144 25888101 25004902 1645053 172346 14706 18917 21008751 21490481 22668510 21681744 X 0 0 0 0 3219591 3323158 3219591 3323158 25888101 25004902 103567 0 X 0 0 0 0 1 X 44721 44721 674609 611428 63181 635431 589324 46107 154009 JUMBO CERTIFICATES 4713000 C CATALYST CORP INVESTMENTS 21995 C 4734995 OTHER ASSETS 927734 NCUSIF 207386 ACCRUED INTEREST RECEIVABLE 149024 1284144 MEMBER SHARES 21490481 21490481 PART IV, LINE 2B: SHARED RESOURCES CREDIT UNION HOLDS FUNDS IN ESCROW TO PAY REAL ESTATE TAXES AND INSURANCE ON BEHALF OF ITS MEMBERS WITH MORTGAGE LOANS. FORM 990, PART VI, SECTION A, LINE 6 SHARED RESOURCES CREDIT UNION HAS MEMBERS AS SPECIFIED IN ITS BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A SHARED RESOURCES CREDIT UNION MEMBERS HAVE THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B SHARED RESOURCES CREDIT UNION MEMBERS HAVE THE POWER TO APPOINT AND REMOVE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL DRAFT OF THE FORM 990 IS SUBMITTED TO THE BOARD FOR REVIEW AND APPROVAL BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C SHARED RESOURCES CREDIT UNION (THE CREDIT UNION) HAS A WRITTEN CONFLICT OF INTEREST POLICY APPLICABLE TO DIRECTORS, OFFICERS, AND KEY COMMITTEE MEMBERS, REQUIRING THE DISCLOSURE OF ACTUAL OR POTENTIAL FINANCIAL INTERESTS RELATED TO PROPOSED OR ONGOING TRANSACTIONS. FOLLOWING DISCLOSURE, THE GOVERNING BOARD OR AN AUTHORIZED COMMITTEE DETERMINES WHETHER A CONFLICT EXISTS AND CONDUCTS ITS REVIEW WITHOUT THE PARTICIPATION OF THE INTERESTED INDIVIDUAL, WHO IS REQUIRED TO RECUSE THEMSELVES FROM DELIBERATIONS AND VOTING. IF A CONFLICT IS IDENTIFIED, THE BOARD OR COMMITTEE EVALUATES ALTERNATIVE ARRANGEMENTS AND MAY APPROVE THE TRANSACTION ONLY IF IT IS IN THE ORGANIZATION'S BEST INTEREST, FAIR, AND REASONABLE, WITH APPROVAL BY DISINTERESTED MEMBERS. THE CREDIT UNION ENFORCES COMPLIANCE THROUGH ANNUAL ACKNOWLEDGMENTS, CONTEMPORANEOUS DOCUMENTATION OF PROCEEDINGS, PERIODIC REVIEWS OF TRANSACTIONS AND COMPENSATION ARRANGEMENTS, AND INVESTIGATION AND CORRECTIVE ACTION IN CASES OF NON-DISCLOSURE OR POLICY VIOLATIONS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR THE COMPENSATION REVIEW PROCESS FOR THE PRESIDENT/CHIEF EXECUTIVE OFFICER. THE EXECUTIVE COMMITTEE USES THE CORNERSTONE CREDIT UNION LEAGUE COMPENSATION SURVEY, ALONG WITH ITS REVIEW OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER'S PERFORMANCE AGAINST CERTAIN ESTABLISHED GOALS, TO MAKE A RECOMMENDATION FOR SALARY ADJUSTMENT. THE BOARD OF DIRCTORS APPROVES THE RECOMMENDATIONS AND THIS PROCESS IS DOCUMENTED IN THE BOARD OF DIRECTORS MEETING MINUTES. THE EXECUTIVE COMMITTEE MET IN JULY 2024 TO REVIEW THE CORNERSTONE LEAGUE COMPENSATION SURVEY GUIDE TO DETERMINE THE INCREASE IN THE CHIEF EXECUTIVE OFFICER'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 SHARED RESOURCES CREDIT UNION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND UNAUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE SAME TIME AND MANNER AS OTHER DISCLOSURES REQUIRED UNDER INTERNAL REVENUE CODE SECTION 6104. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING SERVICES 45,796. SECURITY EXPENSES 77,075. DATA PROCESSING EXPENSES 388,146. OUTSIDE SERVICES 125,125.