2024-06-11T13:56:15-04:00 2024-03-03 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2024-01-01 410415875 STAR CHOICE CREDIT UNION STAR 9526987228 10750 FRANCE AVE SOUTH BLOOMINGTON MN 55431 PATRICIA DEORAJ CONTROLLER 9526987222 2024-06-07 true PAT DEORAJ 999009999 true BRENT WOOKEY CPA P00062439 6087920843 2024-06-11 X 2023 2023-04-26 12:10:37Z X SCOTT OLSON 10750 FRANCE AVE SOUTH BLOOMINGTON MN 55431 660286 false X WWW.STARCHOICECU.ORG X CREDIT UNION 1931 MN WE STRIVE TO NURTURE YOUR FINANCIAL GROWTH BY PROVIDING SERVICE THAT EMBRACES TECHNOLOGY, EMBODIES TRUST, INTEGRITY, PASSION AND HONESTY. X 7 7 16 10 657 0 3266146 617654 238150 40304 8714 2328 3513010 660286 0 0 1088142 290740 0 0 2062224 2814685 3150366 3105425 362644 -2445139 88586247 0 82064747 0 6521500 0 WE STRIVE TO NURTURE YOUR FINANCIAL GROWTH BY PROVIDING SERVICE THAT EMBRACES TECHNOLOGY, EMBODIES TRUST, INTEGRITY, PASSION AND HONESTY. false false THE CREDIT UNION HAS VARIOUS TYPES OF DEPOSIT ACCOUNTS AVAILABLE FOR OUR MEMBERS. WE OPENED 45 NEW DEPOSIT ACCOUNTS IN 2024. AS OF 03/03/24 JUST PRIOR TO THE MERGER WE HAD 6,111 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 47 NEW LOANS DURING 2024. AS OF 03/03/24 JUST PRIOR TO THE MERGER WE HAD 4,276 OUTANDING LOANS RECEIVABLE. false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false true 0 0 true 16 true false false false false false false false false X 7 7 false false false false true true true true true false false false true true true true true true false false X PATRICIA DEORAJ 9526987228 10750 FRANCE AVE SOUTH BLOOMINGTON MN 55431 SCOTT OLSON PRESIDENT 40.00 X 31441 0 5884 PATRICIA DEORAJ CONTROLLER 40.00 X 24972 0 4984 TAMMY JOHNSON-KOHL VICE PRESIDE 40.00 X 23609 0 5644 STUART KOHLSTEDT DIRECTOR 1.00 X 150 0 0 LYNN LETTOW DIRECTOR 1.00 X 150 0 0 MARY ST MARY VICE CHAIR 1.00 X X 150 0 0 LINDSEY OLSON BOARD CHAIR 1.00 X X 150 0 0 GLORIA ATIKA DIRECTOR 1.00 X 100 0 0 DAN GANLEY DIRECTOR 1.00 X 100 0 0 KEITH HUSO SECRETARY 1.00 X X 100 0 0 80922 16512 false false false JACK HENRY COMPANY PO BOX 609 MONETT MO 65708 CORE PROCESSING 771152 FIS PO BOX 4535 CAROL STREAM IL 60197 CARD SERVICES 453734 2 INTEREST ON LOANS 522130 517743 517743 OTHER MEMBER RELATED REVENUE 522130 72748 72748 MEMBER FEE INCOME 522130 26506 26506 FEE & INSURANCE INCOME 520000 657 657 617654 40304 40304 2328 2328 660286 616997 657 42632 80922 174633 17971 17214 504 1010 54825 1297153 91565 14929 4384 2043 56055 32314 CONTRACT TERMINATION FEES 976789 DIVIDENDS EXPENSE 141419 LOAN SERVICING 91695 CREDIT LOSS EXPENSE 50000 3105425 0 0 0 941579 4079571 65351321 86824 2072840 15022776 1031336 88586247 0 430421 81634326 82064747 0 X 6521500 6521500 0 88586247 0 X -2445139 -4076361 X false false MEMBER LOANS & ALLOWCE 2024-03-04 64384129 BOOK VALUE 416024250 SHAREPOINT CREDIT UNION 5300 HYLAND GREENS DR BLOOMINGTON MN 55437 501(C)(14) INVESTMENTS 2024-03-04 24946613 BOOK VALUE 416024250 SHAREPOINT CREDIT UNION 5300 HYLAND GREENS DR BLOOMINGTON MN 55437 501(C)(14) FIXED ASSETS 2024-03-04 2016785 BOOK VALUE 416024250 SHAREPOINT CREDIT UNION 5300 HYLAND GREENS DR BLOOMINGTON MN 55437 501(C)(14) CASH 2024-03-04 549699 BOOK VALUE 416024250 SHAREPOINT CREDIT UNION 5300 HYLAND GREENS DR BLOOMINGTON MN 55437 501(C)(14) OTHER ASSETS 2024-03-04 159762 BOOK VALUE 416024250 SHAREPOINT CREDIT UNION 5300 HYLAND GREENS DR BLOOMINGTON MN 55437 501(C)(14) BALLOTING SERVICES 42007 HOURLYRATE 390758449 WIPFLI 150 S 5TH STREET MINNEAPOLIS MN 55402 LLP true true false false true true true false SCHEDULE N, PAGE 1, PART I, LINE 2E SCOTT OLSON, PRESIDENT/CEO OF STAR CHOICE CREDIT UNION, WILL BE THE TRANSITION LEAD AT SHAREPOINT CREDIT UNION AFTER THE MERGER. TAMMY JOHNSON-KOHL, VICE PRESIDENT OF STAR CHOICE CREDIT UNION, WILL BE A MANAGER AT SHAREPOINT CREDIT UNION AFTER THE MERGER. PATRICIA DEORAJ, ACCOUNTING MANAGER/CONTROLLER OF STAR CHOICE CREDIT UNION, WILL BE PART OF THE ACCOUNTING DEPARTMENT AT SHAREPOINT CREDIT UNION AFTER THE MERGER. LINDSEY OLSEN, BOARD CHAIR OF STAR CHOICE CREDIT UNION, WILL BE A DIRECTOR OF SHAREPOINT CREDIT UNION AFTER THE MERGER. MARY ST MARY, BOARD VICE CHAIR OF STAR CHOICE CREDIT UNION, WILL BE A DIRECTOR OF SHAREPOINT CREDIT UNION AFTER THE MERGER. KEITH HUSO, BOARD SECRETARY OF STAR CHOICE CREDIT UNION, WILL BE A DIRECTOR EMERITUS OF SHAREPOINT CREDIT UNION AFTER THE MERGER. SCHEDULE N STAR CHOICE CREDIT UNION MERGED INTO SHAREPOINT CREDIT UNION, BLOOMINGTON, MN, ON MARCH 4, 2024. GOVERNMENT AGENCY APPROVAL DOCUMENTS ARE ATTACHED TO THIS RETURN IN A PDF FILE. FORM 990 STAR CHOICE CREDIT UNION MERGED INTO SHAREPOINT CREDIT UNION, BLOOMINGTON, MN, ON MARCH 4, 2024. GOVERNMENT AGENCY APPROVAL DOCUMENTS ARE ATTACHED TO THIS RETURN IN A PDF FILE. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. TO BE A MEMBER ONE MUST HAVE A SHARE (SAVINGS) ACCOUNT AT THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE CREDIT UNION MEMBERS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B A MEMBER VOTE IS REQUIRED FOR DECISIONS WHICH ARE BEYOND THE AUTHORITY OF THE BOARD OF DIRECTORS. ITEMS WHICH REQUIRE A MEMBERSHIP VOTE ARE OUTLINED AND SPECIFIED IN OUR BYLAWS. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 11B CONTROLLER PROVIDES THE DATA TO INDEPENDENT CPA WHO PREPARES THE 990. CONTROLER REVIEWS THE RETURN FOR ACCURACY, AND THEN AUTHORIZES CPA TO E- FILE THE APPROVED RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD AND STAFF REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY, AND SIGN OFF THAT THEY HAVE REVIEWED THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE PERSONNEL COMMITTEE USING PEER SALARY SURVEY INFORMATION. THE COMPENSATION IS APPROVED BY THE FULL BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST. FORM 990, PART XI, LINE 9 NET ASSETS TRANSFERRED IN MERGER -4,076,361