2023-10-25T11:34:56-05:00 2022-12-31 FORVIS LLP 201 N Illinois Street Indianapolis IN 46204 990 2022-01-01 350884006 VIA CREDIT UNION % LORI FIENE VIAC 7656746631 4505 S ADAMS ST MARION IN 46953 LORI FIENE CFO 7656746631 2023-11-15 true LORI FIENE 999009999 MICHAEL J SUMMERS P00838533 3173834000 2023-11-15 3 2022 2023-04-26 12:10:37Z CINDY KOHLMORGEN 4505 S ADAMS ST MARION IN 46953 20412108 false X WWW.VIACU.ORG X 1936 IN PEOPLE HELPING PEOPLE ACHIEVE FINANCIAL SUCCESS. 8 7 131 10 278993 69603 0 0 17726057 18702525 746983 1654321 0 0 18473040 20356846 0 0 0 0 6878446 7327887 0 0 0 7249195 8682298 14127641 16010185 4345399 4346661 517398165 525279196 462118386 465652756 55279779 59626440 X VIA CREDIT UNION IS COMMITTED TO MEMBER SERVICE WHILE MAINTAINING FINANCIAL STABILITY. THE CREDIT UNION RETURNS THE PROFITS TO ITS MEMBERS IN THE FORM OF LOWER LOAN RATE, HIGHER SAVINGS RATES, AND FREE OR LOW COST SERVICES. false false VIA CREDIT UNION OFFERS SEVERAL DIFFERENT SAVINGS ACCOUNTS. MEMBERSHIP SHARES ARE REQUIRED FOR MEMBERSHIP; SECONDARY SHARES CAN BE NAMED DIFFERENTLY FOR BUDGETING PURPOSES AND CHRISTMAS CLUB ACCOUNTS. VIA CREDIT UNION ALSO OFFERS MONEY MARKET AND PREMIER MONEY MARKET SHARE ACCOUNTS AND SEVERAL DIFFERENT TERMS OF SHARE CERTIFICATES. VIA CREDIT UNION OFFERS FREE CHECKING, REQUIRES NO MINIMUM BALANCE AND OFFERS UNLIMITED CHECK WRITING. MEMBERS ARE ABLE TO MANAGE THE CHECKING ACCOUNT THROUGH "VIA Connect", OUR INTERNET BANKING, VIA MOBILE OR VIAVOICE, OUR AUTOMATED TELEPHONE SERVICE. "VIA Bill Pay" ALLOWS YOU TO PAY YOUR BILLS ONLINE FOR FREE. THE CREDIT UNION OFFERS NEW AND USED AUTO LOANS, HOME EQUITY LOANS, UNSECURED LOANS, MORTGAGES, BUSINESS AND CREDIT CARD LOANS AT COMPETITIVE LOAN RATES, FLEXIBLE TERMS AND AUTOMATIC PAYMENT OPTION OPTIONS. THE CREDIT UNION'S WHOLLY OWNED SUBSIDIARY, VIA FINANCIAL GROUP, SELLS INSURANCE PRODUCTS TO CREDIT UNION MEMBERS AND OTHERS FROM ITS MARION, INDIANA OFFICE. false false true false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false true false false false true 8466 0 true 131 true true true false false false false false false false X 8 7 false false false false true true true true true false true true true true true true true true true true false IN X LORI FIENE 7656746631 4505 S ADAMS ST MARION IN 46953 DAVID ABERNATHY END 102022 CEO/TREASURER OF THE BOARD 45.0 0.0 X X 234821 0 33117 CINDY KOHLMORGEN BEG 102022 PRESIDENT/CEO/TREASURER OF THE 45.0 0.0 X X 155226 0 39386 LORI FIENE CHIEF FINANCIAL OFFICER 44.0 0.0 X 117648 0 29938 GEORGETTE MILLER CHIEF CONSUMER LOAN OFFICER 43.0 0.0 X 93985 0 16806 DEBBIE PARRIE CHIEF OPERATIONS OFFICER 43.0 0.0 X 84908 0 21099 MICHELLE PETERSON CHIEF MARKETING OFFICER 42.0 0.0 X 75935 0 29442 KAREN MITCHENER CHIEF HUMAN RESOURCES OFFICER 42.0 0.0 X 90472 0 10166 ROGER ROTH BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN VELASQUEZ BOARD MEMBER 1.0 0.0 X 0 0 0 CLYDE THORNELL BOARD PRESIDENT 1.0 0.0 X X 0 0 0 DELEANE SOLOMAN VICE CHAIRMAN 1.0 0.0 X X 0 0 0 GREG MAURER BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN LIGHTLE BOARD MEMBER 1.0 0.0 X 0 0 0 TIMOTHY MITCHENER SECRETARY 1.0 0.0 X X 0 0 0 852995 0 179954 5 false true false APPRAISER VENDOR LLC 3195 W FAIRVIEW RD GREENWOOD IN 46142 HOME APPRAISALS 165515 JACK HENRY AND ASSOCIATES INC PO BOX 609 MONETT MO 65708 CORE SYSTEM PROVIDER 384265 QSI INC 107 SCHULER DR BARDSTOWN KY 40004 ATM & MAINTENANCE 186446 ATT PO BOX 5019 CAROL STREAM IL 60197 PHONE AND INTERNET 111758 4 0 INTEREST ON LOANS 522100 13808860 13808860 SERVICE CHARGES AND FEES 522100 2079579 2019210 60369 INTERCHANGE INCOME 522100 1735475 1735475 INSURANCE AND INVESTMENT PRODUCTS INCOME 524298 451764 233157 218607 OTHER REVENUE 522100 626847 626847 18702525 1709583 17 1709566 0 0 0 0 0 0 0 55262 -55262 -55262 -55262 0 0 0 0 0 0 0 0 0 0 20356846 18423549 278993 1654304 0 0 0 0 1032949 0 4435413 408708 1038032 412785 0 4932 54200 0 0 42680 294641 264450 921278 661659 0 572820 50958 0 95959 2514842 32592 628625 28951 PROVISION FOR LOAN LOSSES 711837 NETWORK FEES 963122 LOAN SERVICING & COLLECTION 562647 TAX EXPENSE ON UBI 16500 259605 16010185 3358972 3616574 53240832 4909031 0 0 0 0 0 0 0 0 345326666 405575850 0 0 805422 802069 13959150 9217160 4884860 4741990 102905674 98195419 0 0 0 0 219343 190550 6656396 7247713 517398165 525279196 3572421 4696963 0 0 0 0 0 0 0 0 0 0 0 0 0 0 458545965 460955793 462118386 465652756 X 0 0 0 0 55279779 59626440 55279779 59626440 517398165 525279196 4346661 X false true X true false 10000 10000 10000 false ICUPAC PO BOX 50425 INDIANAPOLIS IN 46250 10000 SCHEDULE C, PART 1-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 false 1088984 1088984 7808240 5231083 2577157 5061926 3986077 1075849 4741990 0 MEMBERS' DEPOSITS 460955793 460955793 SCHEDULE D, PART X 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. X X false false false CINDY KOHLMORGEN BEG 102022 PRESIDENT/CEO/TREASURER OF THE 154400 0 0 0 826 0 17070 0 22316 0 194612 0 DAVID ABERNATHY END 102022 CEO/TREASURER OF THE BOARD 232718 0 0 0 2103 0 23889 0 9228 0 267938 0 FORM 990, PART III, Line 1A SERVICES TO PEOPLE WHO ARE UNABLE TO OBTAIN THEM ELSEWHERE OR AS A VALUABLE ALTERNATIVE TO THE TRADITIONAL FOR-PROFIT BANKING SYSTEM. THE CREDIT UNION RECEIVES DEPOSIT FROM AND MAKES LOANS TO ITS MEMBERS PRIMARILY LOCATED IN THE INDIANA COUNTIES OF BLACKFORD, GRANT, DELAWARE, MADISON, AND MIAMI. THE MAJORITY OF ITS LOANS ARE COLLATERALIZED BY SPECIFIC ITEMS, INCLUDING CONSUMER ASSETS, RESIDENTIAL REAL ESTATE, AND MEMBER SHARE BALANCES. FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS: ALL ACCOUNT HOLDERS ARE MEMBERS(DEPOSITORS). ANYONE LIVING OR WORKING IN GRANT, BLACKFORD, MADISON, MIAMI, WELLS, TIPTON, HOWARD, WABASH, DELAWARE, HUNTINGTON, KOSCIUSKO OR HAMILTON COUNTY INDIANA CAN JOIN VIA CREDIT UNION. FAMILY MEMBERS OF CURRENT MEMBERS AND ANYONE LIVING IN THE SAME HOUSEHOLD WITH A MEMBER ARE ELIGIBLE FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY: VIA CREDIT UNION IS A MEMBER-OWNED CREDIT UNION WHERE EACH MEMBER HAS A VOTE. THE MEMBERS ELECT THE GOVERNING BODY OF THE ORGANIZATION EACH YEAR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS RESERVED FOR MEMBERS: MERGERS AND ANY OTHER ACTION REQUIRED BY LAW WOULD NEED TO BE APPROVED BY MEMBERSHIP. THE MEMBERS MUST APPROVE ANY CHANGES TO THE ARTICLES OF INCORPORATION OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: UPON COMPLETION OF THE FORM 990, THE RETURN IS REVIEWED IN DETAIL BY MANAGEMENT. IN ADDITION EACH MEMBER OF THE GOVERNING BODY RECEIVES A COPY OF THE FINAL FORM 990 BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT FIRM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: EACH OFFICER, KEY EMPLOYEE, AND BOARD MEMBER SIGNS A CONFLICT OF INTEREST POLICY ANNUALLY. THE CEO RECEIVES AND REVIEWS ALL CONFLICT OF INTEREST FORMS. THE CEO'S CONFLICT OF INTEREST FORM IS REVIEWED BY THE BOARD PRESIDENT. IF IT IS DETERMINED A CONFLICT OF INTEREST EXISTS, RESTRICTIONS ARE IMPOSED ON PERSONS WITH A CONFLICT. FOR EXAMPLE IF ANY BOARD MEMBER DISCLOSES A CONFLICT, THAT PERSON WOULD BE EXCUSED FROM ANY DELIBERATIONS AND DECISIONS MADE. FORM 990, PART VI, SECTION B, LINE 15A & 15B PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND OTHER OFFICERS: THE PERSONNEL COMMITTEE, COMPRISED OF BOARD MEMBERS, DETERMINES THE COMPENSATION FOR THE CEO. CUNA COMPENSATION SALARY SURVEY DATA WAS REFERENCED TO THE BOARD BY HUMAN RESOURCES. THIS SURVEY IS USED TO DETERMINE COMPENSATION. ALL OTHER POSITIONS WERE REVIEWED USING THE SAME PROCESS. DELIBERATION AND RECORD OF THE DISCUSSION IS IN THE COMMITTEE MINUTES AND THE PROCESS WAS LAST UNDERTAKEN IN 2022. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: THE FINANCIAL STATEMENTS ARE POSTED EACH MONTH IN THE LOBBY OF EACH BRANCH. IN ADDITION, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. VIA FINANCIAL GROUP LLC 4505 S ADAMS STREET MARION IN 46953 351722168 INV/INS SALES IN 101196 478376 VIA CU