2023-05-08T15:09:15-04:00 2022-12-31 461065712 BRENT WOOKEY CPA PO BOX 1512 LA CROSSE WI 546021512 990 2022-01-01 410415875 STAR CHOICE CREDIT UNION STAR 9526987228 10750 FRANCE AVE SOUTH BLOOMINGTON MN 55431 PATRICIA DEORAJ CONTROLLER 9526987222 2023-04-21 true PAT DEORAJ 999009999 false BRENT WOOKEY CPA P00062439 6087920843 2023-05-08 X 2022 2023-04-26 12:10:37Z SCOTT OLSON 10750 FRANCE AVE SOUTH BLOOMINGTON MN 55431 3525755 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. 7 7 18 10 5439 0 3254375 3266146 106933 238150 8664 8714 3369972 3513010 0 0 1037718 1088142 0 0 1624678 2062224 2662396 3150366 707576 362644 85416287 93655773 78881275 86758117 6535012 6897656 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 378 NEW DEPOSIT ACCOUNTS IN 2022. AS OF 12/31/22 WE HAD 6,213 MEMBERS. THE CREDIT UNION HAS SEVERAL TYPES OF LOAN PROGRAMS AVAILABLE FOR OUR MEMBERS. WE FUNDED 749 NEW LOANS DURING 2022. AS OF 12/31/22 WE HAD 4,738 OUTANDING LOANS RECEIVABLE. false false false false false false false false false true false true false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 1356 0 true 18 true true true 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 128130 0 28539 TAMMY JOHNSON-KOHL VICE PRESIDE 40.00 X 106202 0 25835 PATRICIA DEORAJ CONTROLLER 40.00 X 84334 0 35796 DAN GANLEY DIRECTOR 1.00 X 550 0 0 STUART KOHLSTEDT DIRECTOR 1.00 X 550 0 0 MARY ST MARY VICE CHAIR 1.00 X X 550 0 0 KEITH HUSO SECRETARY 1.00 X X 500 0 0 LYNN LETTOW DIRECTOR 1.00 X 500 0 0 LINDSEY OLSON BOARD CHAIR 1.00 X X 500 0 0 GLORIA ATIKA DIRECTOR 1.00 X 350 0 0 322166 90170 2 false true false FIS PO BOX 4535 CAROL STREAM IL 60197 CARD SERVICES 490646 JACK HENRY COMPANY PO BOX 609 MONETT MO 65708 CORE PROCESSING 205777 2 INTEREST ON LOANS 522130 2438850 2438850 OTHER MEMBER RELATED REVENUE 522130 659205 659205 MEMBER FEE INCOME 522130 162652 162652 FEE & INSURANCE INCOME 520000 5439 5439 3266146 248730 248730 8714 8714 2165 12745 -10580 -10580 -10580 3513010 3250127 5439 257444 322166 534568 83950 80036 67422 3624 14100 67581 661954 287931 116475 116071 9701 79842 29407 LOAN SERVICING 301913 DIVIDENDS EXPENSE 254525 PROVISION FOR LOAN LOSS 119100 3150366 0 0 0 718957 1103401 4901768 3116033 -8085 -350 58442027 66590070 101202 131348 3302133 1165808 2000119 2136325 18339674 19580198 920625 998748 85416287 93655773 191139 438901 78690136 86319216 78881275 86758117 X 6535012 6897656 6535012 6897656 85416287 93655773 362644 X false false 982517 982517 1663973 734604 929369 655643 431204 224439 2136325 INVESTMENTS WITH MATURITY > 1 YEAR 19490198 C CAPITAL ACCTS CORPORATE CU 90000 C 19580198 MEMBER SHARES & DEPOSITS 86314421 457 PLAN LIABILITY 4795 86319216 X X X false false false SCOTT OLSON PRESIDENT 122045 6085 12384 16155 156669 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.