2026-05-14T12:45:05+00:00 2025-12-31 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2025-01-01 350885381 Centra Credit Union CENT 8123140282 3801 TUPELO DRIVE COLUMBUS IN 47201 Sarah Stair VP Accounting 8123140282 2026-05-14 true Nicole Fishback P01279475 3173834000 2026-05-15 2025 2025-03-06 01:10:19Z RICK SILVERS 3801 TUPELO DRIVE COLUMBUS IN 47201 153392795 false X WWW.CENTRA.ORG X 1997 IN STATE CHARTERED AND FEDERALLY INSURED CREDIT UNION WHICH GRANTS CONSUMER LOANS INCLUDING CREDIT CARDS, MORTGAGE LOANS, AND BUSINESS LOANS TO ITS MEMBERS. 11 1 507 0 1871921 0 0 135401681 141513181 9139032 11289678 22821 144540713 152825680 478653 0 34752765 43760881 0 0 101239209 92618699 135991974 136858233 8548739 15967447 2126245937 2324231189 1897484606 2068843197 228761331 255387992 STATE CHARTERED AND FEDERALLY INSURED CREIDT UNION WHICH GRANTS CONSUMER LOANS INCLUDING CREDIT CARDS AND OPEN-END CREDIT, MORTGAGE LOANS AND BUSINESS LOANS TO ITS MEMBERS. false false CREDIT UNION PROGRAMS. ALL ACTIVITIES ARE STATE CHARTERED CREDIT UNION ACTIVITIES WHICH ARE EXEMPT UNDER SECTION 501(C)(14) 0 false false true false false false false false true false true true false false true false false true false false false false false false false false false true false true false false false false false true false false false false false false false false true false false false false false true 125151 0 true 507 true true true false false false false false false false X 11 1 false false false false true true false true true false true true false true true true true true true false false false IN X SARAH STAIR 8123140282 3801 TUPELO DRIVE COLUMBUS IN 47201 JIM BICKEL SECRETARY/TREASURER 1.3 X X 25504 0 0 JODY HEAZLITT Supervisory Chair 1.9 X X 24504 0 0 JOSEPH BROWN BOARD VICE PRESIDENT 2.3 X X 24504 0 0 RANDY PROFITT BOARD CHAIR 2.1 X X 30640 0 0 Aida J Ramirez DIRECTOR 1.9 X 13440 0 0 Anthony Phillips II DIRECTOR 1.3 X 5040 0 0 Christopher Orben DIRECTOR 1.7 X 21160 0 0 DONALD JACKSON DIRECTOR 2.1 X 20160 0 0 Gina Pleak Director 1.8 X 21160 0 0 James Donald Turner DIRECTOR 1.9 X 13440 0 0 KESAVAN VENUGOPAL DIRECTOR 1.8 X 24504 0 0 KEVINA SCHUMAKER DIRECTOR 1.9 X 20160 0 0 MARY STROH DIRECTOR (LEFT 04/2025) 1.9 X 6720 0 0 Michael Fleetwood Supervisory Committee Member 1.3 X 5928 0 0 Shannon Jenkins Supervisory Committee Member 1.4 X 5928 0 0 Shawwn Storms Supervisory Committee Member 1.5 X 5928 0 0 BRAD DAVIS CHIEF GROWTH OFFICER 45.0 X 341886 0 32089 DAVID MANN CHIEF FINANCIAL OFFICER 45.0 X 424991 0 22021 RICK SILVERS PRESIDENT & CEO 45.0 X 823362 0 40850 Swaminathan Seetharaman CHIEF EXPERIENCE OFFICER 45.0 X 332831 0 35630 Brent Parks SVP TECHNOLOGY 45.0 X 230640 0 30390 CRYSTAL RICKARD MORTGAGE BROKER 45.0 X 322584 0 14596 DOUG SHARKEY SVP MORTGAGE LOAN DELIVERY 45.0 X 237349 0 26982 KARL KISSINGER SVP BUSINESS SERVICES 45.0 X 233139 0 27044 MELISSA JEWELL SVP TEAM MEMBER EXPERIENCE 45.0 X 217672 0 18303 3433174 0 247905 125 false true false FISERV PO BOX 934057 ATLANTA GA 31193 SOFTWARE 4899782 MASTERCARD 100 MANHATTANVILLE ROAD PURCHASE NY 10577 CREDIT PROCESSOR 2900842 CONVERGEONE 10900 NESBITT AVE S BLOOMINGTON MN 55437 TECHNOLOGY SOLUTIONS 2166438 ENGAGEFI 5550 W EXECUTIVE DR STE 540 TAMPA FL 33609 CONSULTING 1768000 ALKAMI 5601 GRANITE PARKWAY Suite 120 PLANO TX 75024 SOFTWARE 1520339 65 0 INTEREST - LOANS 522100 103714505 103714505 SERVICE & MEMBER FEES 522100 13026515 11154594 1871921 CREDIT CARD INCOME 522200 12083923 12083923 INSURANCE COMMISSIONS 524113 1528482 1528482 INT BEARING DEPOSITS 522100 5762567 5762567 5397189 5397189 0 0 141513181 11581793 11581793 22821 22821 0 22821 22821 275000 567115 0 -292115 -292115 -292115 0 0 0 0 0 0 152825680 150953759 1871921 0 478653 2322379 26596029 816037 11539541 2486895 438753 223488 0 1606268 1706213 8507930 5580981 222835 590305 37513664 3916280 483056 BAD DEBT EXPENSE 12046346 OUTSIDE SERVICES 7927255 COLLECTIONS 1574405 LOAN SERVICING EXPENSE 2826989 7453931 136858233 19615806 24086758 158105590 191379248 11837810 12061785 0 0 1607966562 1677043049 74635199 30695131 45035735 43940068 242788276 331930489 0 495000 40896158 43294792 2126245937 2324231189 2547843 3257182 0 0 1894936763 2065586015 1897484606 2068843197 X 228761331 255387992 228761331 255387992 2126245937 2324231189 15967447 10659214 0 X false true true false 10000 10000 10000 false ICUPAC PO BOX 50425 INDIANAPOLIS IN 46250 350408785 10000 Schedule C, Part I-A, Line 1 Description of Political Activities THE CREDIT UNION DONATED MONEY TO ICUPAC WHOSE PURPOSE IS TO RAISE FUNDS AND MAKE CONTRIBUTIONS TO LEGISLATORS, WITHOUT REGARD TO PARTY AFFILIATION, WHO HAVE DEMONSTRATED SUPPORT FOR THE LEGISLATIVE POSITIONS TAKEN BY CREDIT UNIONS REPRESENTED BY THE INDIANA CREDIT UNION LEAGUE. false true X 4087862 4087862 41231844 12609664 28622180 3988779 2131491 1857288 24068309 15953976 8114333 1258405 1258405 43940068 Closely-held equity interests Financial derivatives AVAILABLE FOR SALE SECURITIES 330563302 F HELD TO MATURITY SECURITIES 1367187 C 331930489 Federal Income Taxes MEMBERS' DEPOSITS 2035008884 FHLB ADVANCES 10000000 OTHER LIABILITIES 20577131 2065586015 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part IV, Line 2b Explanation of escrow agreement ESCROW ACCOUNT: CENTRA CREDIT UNION ACTS AS A THIRD PARTY TRUSTEE THAT RECEIVES AND DISBURSES FUNDS TO PAY OBLIGATIONS OF ACCOUNT HOLDERS. true CENTRA FOUNDATION INC 3801 TUPELO DRIVE COLUMBUS IN 47201 455288066 501(C)(3) 478653 CHARITY, ENDOWMENT, & SCHOLARSHIPS 1 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds CENTRA CREDIT UNION PROVIDES GENERAL SUPPORT AND SPONSORSHIPS TO SECTION 501(C)(3) AND 501(C)(19) TAX EXEMPT ORGANIZATIONS AND VERIFIES THE ORGANIZATIONS STATUS USING THE GUIDESTAR WEBSITE. X false true X false true false RICK SILVERS PRESIDENT & CEO 639832 0 183530 0 0 0 9900 0 30950 0 864212 0 0 0 DAVID MANN CHIEF FINANCIAL OFFICER 327397 0 97594 0 0 0 10400 0 11621 0 447012 0 0 0 BRAD DAVIS CHIEF GROWTH OFFICER 255546 0 86340 0 0 0 10400 0 21689 0 373975 0 0 0 Swaminathan Seetharaman CHIEF EXPERIENCE OFFICER 243541 0 89290 0 0 0 8485 0 27145 0 368461 0 0 0 CRYSTAL RICKARD MORTGAGE BROKER 55661 0 266923 0 0 0 5221 0 9375 0 337180 0 0 0 DOUG SHARKEY SVP MORTGAGE LOAN DELIVERY 199716 0 37633 0 0 0 6506 0 20476 0 264331 0 0 0 KARL KISSINGER SVP BUSINESS SERVICES 196725 0 36414 0 0 0 5955 0 21089 0 260183 0 0 0 Brent Parks SVP TECHNOLOGY 192193 0 38447 0 0 0 7412 0 22978 0 261030 0 0 0 MELISSA JEWELL SVP TEAM MEMBER EXPERIENCE 182572 0 35100 0 0 0 7023 0 11280 0 235975 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees CENTRA CREDIT UNION DOES NOT HAVE A WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF THE EXPENSES DESCRIBED IN 1A. HOWEVER, THE ORGANIZATION DID REQUIRE SUBSTANTIATION PRIOR TO REIMBURSING THE EXPENSES INCURRED. RICK SILVERS, DAVE MANN, BRAD DAVIS AND SWAMI SEETHARAMAN RECEIVED CLUB DUES AND THAT WAS TREATED AS TAXABLE INCOME. Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses BOARD REVIEWED AND APPROVED. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan PARTICIPATION IN SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: CENTRA CREDIT UNION HAS A 457(f), SUPPLEMENTAL RETIREMENT PLAN, THAT TODD CHECK AND SWAMINATHAN SEETHARAMAN PARTICIPATE IN. IN ADDITION THE INDIVIDUALS LISTED BELOW ALSO PARTICIPATE IN SPLIT DOLLAR LIFE INSURANCE PLANS: -RICK SILVERS -DAVE MANN -BRAD DAVIS -PATTY KNORR -NORB ADRIAN -DAN ROBBINS Rick Silvers CEO X 4000000 4340395 false true true Dave Mann Officer X 1850000 2095167 false true true Brad Davis Officer X 725000 821079 false true true Patty Knorr Officer X 1600000 1812036 false true true Norb Adrian Officer X 1900000 2121004 false true true Dan Robbins Officer X 600000 872104 false true true 12061785 Form 990, Part VI, Line 6 Classes of members or stockholders EVERY MEMBER OF THE CREDIT UNION HAVING PURCHASED ONE OR MORE SHARES OF STOCK IS A STOCKHOLDER. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body ELIGIBLE MEMBERS RECEIVE ONE VOTE TO ELECT BY MAJORITY THE DIRECTORS OF THE CREDIT UNION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED BY THE CFO PRIOR TO FILING THE RETURN. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. Form 990, Part VI, Line 12c Conflict of interest policy CONFLICT OF INTEREST POLICIES ARE SIGNED ANNUAL BY EACH BOARD MEMBER AND OFFICER OF THE ORGANIZATION AND REVIEWED. IF A BOARD MEMBER HAS A CONFLICT THEY RECUSE THEMSELVES FROM DISCUSSIONS AND VOTING IN THAT AREA. Form 990, Part VI, Line 15a Process to establish compensation of top management official PAY INCREASES TO TOP MANAGEMENT ARE APPROVED AS PART OF THE ANNUAL REVIEW PROCESS WHERE CENTRA COMPARES CHANGES AGAINST MARKET DATA WHERE AVAILABLE. THIS IS ULTIMATELY APPROVED BY THE BOARD COMPENSATION COMMITTEE. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: 5397189, Related or Exempt Function Revenue: 5397189, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; CENTRA FINANCIAL SERVICES LLC 501 WASHINGTON ST COLUMBUS IN 47201 352157620 BANKING IN 3130847 13478617 CENTRA CU CFS TITLE LLC 501 WASHINGTON ST COLUMBUS IN 47201 843390715 TITLE SERVICE IN 2838949 4113333 CENTRA CU