2026-06-11T18:16:43-05:00 2025-07-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVE STE 303 MIAMI FL 33193 990 2025-01-01 381435020 COPOCO COMMUNITY CREDIT UNION COPO 9896841873 PO BOX 1520 BAY CITY MI 487060520 DAVID BRANDT CEO 9896841873 2026-06-11 AUBREY CLEGG P01076395 3052328272 2026-06-11 2025 2025-03-06 01:10:19Z X DAVID BRANDT PO BOX 1520 BAY CITY MI 487060520 3801908 0 X WWW.COPOCO.ORG X 1951 MI IT IS THE MISSION OF THE BOARD OF DIRECTORS AND STAFF OF COPOCO COMMUNITY CREDIT UNION TO PROVIDE EXCELLENCE IN SERVICE, HELPING EACH MEMBER REALIZE THEIR FINANCIAL GOALS AND DREAMS. X 7 7 36 8 6074 0 0 0 4853518 1881728 1080574 735645 11007 11910 5945099 2629283 0 0 0 0 1797970 939633 0 0 0 3579994 5153719 5377964 6093352 567135 -3464069 101556631 0 94981143 0 6575488 0 X IT IS THE MISSION OF THE BOARD OF DIRECTORS AND STAFF OF COPOCO COMMUNITY CREDIT UNION TO PROVIDE EXCELLENCE IN SERVICE, HELPING EACH MEMBER REALIZE THEIR FINANCIAL GOALS AND DREAMS. 0 1 THE CREDIT UNION PROVIDES SEVERAL DEPOSIT ACCOUNT TYPES TO MEMBERS INCLUDING SAVINGS, CHECKING, AND CERTIFICATES. COPOCO COMMUNITY CREDIT UNION MERGED ITS ASSETS INTO ELGA CREDIT UNION EFFECTIVE AUGUST 1, 2025. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS OF COPOCO COMMUNITY CREDIT UNION WILL CONTINUE UNDER ELGA CREDIT UNION. THE CREDIT UNION PROVIDES A VARIETY OF LOANS TO MEMBERS INCLUDING REAL ESTATE, CREDIT CARD, AND VEHICLE. COPOCO COMMUNITY CREDIT UNION MERGED ITS ASSETS INTO ELGA CREDIT UNION EFFECTIVE AUGUST 1, 2025. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS OF COPOCO COMMUNITY CREDIT UNION WILL CONTINUE UNDER ELGA CREDIT UNION. 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 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 140 0 1 36 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KENDRA CHRISTENSEN 9896841873 PO BOX 1520 BAY CITY MI 487060520 MERI SUE ENGERS BOD CHAIRPERSON 1.00 X 0 0 0 CHRISTOPHER HENNESSY BOD MEMBER 1.00 X 0 0 0 JOSEPH WESPISER BOD MEMBER 1.00 X 0 0 0 JOHN TIPPMAN BOD VICE CHAIRPERSON 1.00 X 0 0 0 SEAN KELLY BOD SECRETARY 1.00 X 0 0 0 TREVOR KEYES BOD MEMBER 1.00 X 0 0 0 HAROLD MILLER BOD MEMBER 1.00 X 0 0 0 RONALD O'CONNOR SUPERVISORY COMM. CHAIR 1.00 X 0 0 0 KENDRA CHRISTENSEN COO 40.00 X 52889 0 6336 52889 0 6336 0 0 0 0 FISERV PO BOX 934057 ATLANTA GA 31193 CORE PROCESSING 622594 1 LOAN INTEREST INCOME 522100 1358298 1358298 FEE & OTHER INCOME 522100 517356 517356 FINANCE AND INSURANCE 520000 6074 6074 1881728 811643 811643 15675 3765 11910 11910 11910 1092862 1168860 -75998 -75998 -75998 2629283 1811566 6074 811643 X 59225 565595 168988 99777 46048 15137 23533 9598 1742045 69895 152333 2075745 132982 23466 258457 14067 115302 23077 LOAN SERVICING EXPENSE 215579 ATM EXPENSE 174899 MAINTENANCE AGREEMENTS 52695 OTHER EXPENSE 28335 26574 6093352 2205403 0 11481008 0 0 0 0 0 45569324 0 0 0 0 0 3341293 0 33926864 0 2490000 0 0 0 2542739 0 101556631 0 749255 0 94231888 0 94981143 0 X 0 0 0 0 6575488 0 6575488 0 101556631 0 X -3464069 -691590 -2419829 X 0 0 0 CASH AND CASH EQUIVALENTS 2025-07-31 26175205 INDEPENDENT VALUATION 381441242 ELGA CREDIT UNION 6065 GRAND POINTE BLVD GRAND BLANC MI 48439 501(C)(14) TOTAL FIXED ASSETS 2025-07-31 3234711 INDEPENDENT VALUATION 381441242 ELGA CREDIT UNION 6065 GRAND POINTE BLVD GRAND BLANC MI 48439 501(C)(14) TOTAL INVESTMENTS 2025-07-31 33233728 INDEPENDENT VALUATION 381441242 ELGA CREDIT UNION 6065 GRAND POINTE BLVD GRAND BLANC MI 48439 501(C)(14) TOTAL LOANS 2025-07-31 38436096 INDEPENDENT VALUATION 381441242 ELGA CREDIT UNION 6065 GRAND POINTE BLVD GRAND BLANC MI 48439 501(C)(14) TOTAL OTHER ASSETS 2025-07-31 2129697 INDEPENDENT VALUATION 381441242 ELGA CREDIT UNION 6065 GRAND POINTE BLVD GRAND BLANC MI 48439 501(C)(14) 0 1 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: KENDRA CHRISTENSEN PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: KENDRA CHRISTENSEN, COO OF COPOCO COMMUNITY CREDIT UNION, TRANSITIONED INTO MARKET LEADER, GLBR (GREAT LAKES BAY REGION) WITH ELGA CREDIT UNION POST MERGER. FORM 990, PART III, LINE 3 COPOCO COMMUNITY CREDIT UNION MERGED ITS ASSETS INTO ELGA CREDIT UNION EFFECTIVE AUGUST 1, 2025. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS WILL CONTINUE UNDER ELGA CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 4 FOLLOWING A SPECIAL VOTE BY THE MEMBERS OF COPOCO COMMUNITY CREDIT UNION DURING JULY 2025, COPOCO COMMUNITY CREDIT UNION MERGED ITS ASSETS INTO ELGA CREDIT UNION EFFECTIVE AUGUST 1, 2025. COPOCO COMMUNITY CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THEIR FORMER MEMBERS WILL CONTINUE UNDER ELGA CREDIT UNION. AS SUCH, THE GOVERNING DOCUMENTS AND BYLAWS OF ELGA CREDIT UNION WILL REPLACE THOSE OF COPOCO COMMUNITY CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 6 SECTION 501(C)(14) CREDIT UNION IS COMPOSED OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE ON BYLAW AND CHARTER CHANGES. MEMBERS VOTE AND ELECT BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B BOARD OF DIRECTOR DECISIONS THAT ARE SUBJECT TO MEMBERSHIP APPROVAL ARE MERGERS, CHARTER CHANGES, BYLAW CHANGES AND FIELD OF MEMBERSHIP CHANGES. FOLLOWING REGULATORY APPROVAL IN EARLY 2025, THE MERGER OF COPOCO COMMUNITY CREDIT UNION INTO ELGA CREDIT UNION WAS APPROVED BY COPOCO COMMUNITY CREDIT UNION MEMBERS VIA A SPECIAL VOTE WHICH OCCURRED DURING JULY 2025. FORM 990, PART VI, SECTION B, LINE 11B ELGA CREDIT UNION'S MANAGEMENT AND BOARD WILL REVIEW COPOCO COMMUNITY CREDIT UNION'S FINAL FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEE LOANS ARE MANAGEMENT APPROVED. MANAGEMENT LOANS ARE BOARD APPROVED. LOANS TO BOARD MEMBERS ARE APPROVED BY THE CREDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE AND EMPLOYEE SALARIES ARE BOARD REVIEWED AND APPROVED. BOARD OF DIRECTORS ARE NOT COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 CREDIT UNION BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT THE CREDIT UNION'S MAIN OFFICE. QUARTERLY FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY WHICH IS ACCESSIBLE TO THE GENERAL PUBLIC. QUARTERLY FINANCIAL PERFORMANCE (CALL) REPORTS ARE ALSO AVAILABLE AT WWW.NCUA.GOV FOR ALL FEDERALLY INSURED CREDIT UNIONS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES 1,742,045. FORM 990, PART IX, LINE 24E FORECLOSURE EXPENSES 14,275. PROVSION FOR LOAN LOSSES 12,299. FORM 990, PART XI, LINE 9: NET CHANGE IN POSTRETIREMENT HEALTHCARE PLAN OBLIGATIONS -5,310. NET CHANGE IN DEFINED BENEFIT PLAN 724,402. TRANSFER OF NET ASSETS (WHICH INCLUDED MEMBER DEPOSITS) THROUGH A MERGER INTO ELGA CREDIT UNION -3,138,921.