569 DIRECTIONS CREDIT UNION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: 569 DIRECTIONS CREDIT UNION INC (EIN 34-4475249)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-09
IRS object ID: 202343139349303189
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-09T12:31:30-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	202122306	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GBQ PARTNERS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	4030 SMITH ROAD SUITE 400	AddressLine1Txt
City	CINCINNATI	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	45209	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	344475249	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DIRECTIONS CREDIT UNION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	DIRE	BusinessNameControlTxt
Phone	4198419838	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 N ST CLAIR STREET 1600	AddressLine1Txt
City	TOLEDO	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	43604	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOHN USTASZEWSKI	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	4198419838	PhoneNum
Signature	2023-11-01	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JOHN	PersonFirstNm
Person Last	USTASZEWSKI	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	GREG HEIMKREITER	PreparerPersonNm
PTIN	P01331287	PTIN
Phone	5138713033	PhoneNum
Preparation	2023-11-01	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JOHN USTASZEWSKI	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 N ST CLAIR STREET 1600	AddressLine1Txt
City	TOLEDO	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	43604	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$51,322,448	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.DIRECTIONSCU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1953	FormationYr
Legal Domicile State	OH	LegalDomicileStateCd
Activity Or Mission	TO BE A TRUSTED PARTNER IN HELPING MEMBERS ACHIEVE THEIR FINANCIAL GOALS.	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	374	TotalEmployeeCnt
Total Volunteers	11	TotalVolunteersCnt
Total Gross UBI	$757,636	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$44,052,570	PYProgramServiceRevenueAmt
CY Program Service Revenue	$48,338,335	CYProgramServiceRevenueAmt
PY Investment Income	$1,523,493	PYInvestmentIncomeAmt
CY Investment Income	$2,984,113	CYInvestmentIncomeAmt
PY Other Revenue	$570,562	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$46,146,625	PYTotalRevenueAmt
CY Total Revenue	$51,322,448	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$18,196,415	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$19,761,410	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$21,222,156	PYOtherExpensesAmt
CY Other Expenses	$26,300,138	CYOtherExpensesAmt
PY Total Expenses	$39,418,571	PYTotalExpensesAmt
CY Total Expenses	$46,061,548	CYTotalExpensesAmt
PY Revenues Less Expenses	$6,728,054	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$5,260,900	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,165,662,447	TotalAssetsBOYAmt
Total Assets EOY	$1,181,695,704	TotalAssetsEOYAmt
Total Liabilities BOY	$1,066,594,773	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,084,008,926	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$99,067,674	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$97,686,778	NetAssetsOrFundBalancesEOYAmt
Mission	TO BE A TRUSTED PARTNER IN HELPING MEMBERS ACHIEVE THEIR FINANCIAL GOALS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	PROVIDE 95,624 MEMBERS WITH SHARE DRAFTS, REGULAR SHARES, IRA, MONEY MARKET, CERTIFICATES AND OTHER SAVINGS ACCOUNTS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Desc	PROVIDE LOANS INCLUDING CREDIT CARD, LINE OF CREDIT, NEW AND USED VEHICLE, FIRST MORTGAGE, BUSINESS, INDIRECT, PAY DAY, PARTICIPATION AND OTHER REAL ESTATE.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Desc	OFFER ATM, DEBIT CARDS, CHECK CASHING, WIRE TRANSFERS, MONEY ORDERS, TRAVELERS CHECKS, OD PRIVILEGES, SAFE DEPOSIT BOXES, COIN COUNTING, BILL PAY, SHARED BRANCHING, FINANCIAL EDUCATION AND VARIOUS INSURANCE PROGRAMS TO ALL ELIGIBLE MEMBERS.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	13385	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	374	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	Yes (1)	LocalChaptersInd
Policies Reference Chapters	Yes (1)	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JOHN USTASZEWSKI	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4198419838	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 N ST CLAIR STREET SUITE 1600	AddressLine1Txt
City	TOLEDO	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	43604	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
SARAH PAWLICKI
DIRECTOR	1.00	Yes (X)	$0	$0	$0
KIM HOWARD
CHAIR	1.00	Yes (X)	$0	$0	$0	Yes (X)
RAY LEIGHTON
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
JOYCE SLUSHER
DIRECTOR	1.00	Yes (X)	$0	$0	$0
PATRICE SCOTT
DIRECTOR	1.00	Yes (X)	$0	$0	$0
JOE SHARP
DIRECTOR	1.00	Yes (X)	$0	$0	$0
PATRICIA PETERSON
DIRECTOR	1.00	Yes (X)	$0	$0	$0	Yes (X)
FREDERIC A KOMINEK
BOARD TREASURER	1.00	Yes (X)	$0	$0	$0
DAWN BRODIE
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
MARK KOTT
SECRETARY	2.00	Yes (X)	$0	$0	$0	Yes (X)
JAY MALCOLM
VICE CHAIR	3.00	Yes (X)	$0	$0	$0
PATRICK HARRIGAN
VP RETAIL OPERATIONS	40.00	Yes (X)	$113,479	$0	$2,295
DIANE HARRIS
VP CENTRAL OHIO MARKET	40.00	Yes (X)	$114,399	$0	$2,299
DANIEL KUBACKI
VP STRAT INS & DATA SCIENCE	40.00	Yes (X)	$111,259	$0	$2,238
RON PEEPS
VP FINANCE	40.00	Yes (X)	$110,176	$0	$2,239
LISA WAGNER
VP OF COMMERCIAL BANKING	40.00	Yes (X)	$115,879	$0	$1,191
JUSTIN COOK
DIR OF IT OPERATIONS	40.00	Yes (X)	$105,580	$0	$2,811
PAM LIMPF
DIR OF CONSUMER LENDING	40.00	Yes (X)	$114,399	$0	$1,010
SCOTT SWANN
SVP - LENDING	45.00		$178,424	$0	$1,747	Yes (X)
BARRY SHANER
CEO	45.00		$478,749	$0	$5,835	Yes (X)
MATT GIES
CHIEF TALENT OFFICER	45.00		$169,010	$0	$3,003	Yes (X)
JONATHAN POLLOCK
CHIEF RISK OFFICER	45.00		$239,918	$0	$3,396	Yes (X)
JOHN USTASZEWSKI
CHIEF FINANCIAL OFFICER	45.00		$279,958	$0	$3,929	Yes (X)
BIRAN EPSTEIN
CHIEF EXPERIENCE OFFICER	45.00		$307,287	$0	$4,079	Yes (X)
SONJA DELANEY
CHIEF STRATEGY OFFICER	45.00		$250,356	$0	$4,076	Yes (X)
JULIE LINCH
SVP RETAIL OPS & PHYS PRESENCE	45.00		$190,707	$0	$4,149		Yes (X)
JENNIFER HERNES
MORTGAGE ORIGINATOR	40.00		$257,487	$0	$2,922			Yes (X)
CHRISTOPHER MILLER
MORTGAGE ORIGINATOR	40.00		$129,228	$0	$2,576			Yes (X)
KIMBERLY REGAN
MORTGAGE ORIGINATOR	40.00		$191,537	$0	$3,975			Yes (X)
BRENDA COVRETT
VP OF BRANDING & COMM ENGAGEMENT	40.00		$126,544	$0	$1,776			Yes (X)
LORI JABLONSKI
VP OF IT	40.00		$120,529	$0	$2,420			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,704,905	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$57,966	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	20	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
BANKOWSKI BUILDERS
9265 VILLAGE MEADOWS	TEMPERANCE	MI	48182	CONSTRUCTION	$5,703,431
BLACK OAK BUILDING COMPANY
5839 VAIL AVE	TOLEDO	OH	43623	CONSTRUCTION	$3,326,193
CULA
3111 CAMINO DEL REI NORTH STE 203	SAN DEIGO	CA	92108	AUTO LEASES	$1,714,750
MAVILLINO CUSTOM HOMES
25664 N DIXIE HWY	PERRYSBURG	OH	43551	CONSTRUCTION	$1,139,766
SYNERGI PARTNERS
151 W EVANS STREET	FLORENCE	SC	29501	TAX CREDIT EXPERTS	$1,002,244

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	48	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS	522100	$34,598,746	$34,598,746
CARD INCOME	522100	$7,438,293	$6,680,657	$757,636
DEPOSIT-RELATED INCOME	522100	$3,984,554	$3,984,554
LENDING-RELATED INCOME	522100	$1,553,205	$1,553,205
MORTGAGE-RELATED INCOME	522100	$619,441	$619,441

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$144,096	TotalRevenueColumnAmt
Related Or Exempt Func Income	$144,096	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$48,338,335	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,984,113	TotalRevenueColumnAmt
Exclusion	$2,984,113	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$51,322,448	TotalRevenueColumnAmt
Related Or Exempt Func Income	$47,580,699	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$757,636	UnrelatedBusinessRevenueAmt
Exclusion	$2,984,113	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,762,871	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$14,576,409	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$183,962	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,238,168	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$53,461	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$85,088	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,539,391	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,584,507	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$12,132,390	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,560,933	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$72,160	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$332,585	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,368,802	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,999,889	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$253,044	TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt
PROVISION FOR LOAN LOSS	$1,761,500
MISCELLANEOUS OPERATING	$1,556,388

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$46,061,548	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$12,204,763	BOYAmt
EOY	$12,107,843	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$217,978,457	BOYAmt
EOY	$36,435,604	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$779,321,140	BOYAmt
EOY	$969,176,493	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$32,910,064	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$18,061,586	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$14,708,231	BOYAmt
EOY	$14,848,478	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$114,772,659	BOYAmt
EOY	$107,683,672	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$26,677,197	BOYAmt
EOY	$41,443,614	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,165,662,447	BOYAmt
EOY	$1,181,695,704	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$12,297,038	BOYAmt
EOY	$27,626,492	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
EOY	$6,000,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,054,297,735	BOYAmt
EOY	$1,050,382,434	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,066,594,773	BOYAmt
EOY	$1,084,008,926	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$99,067,674	BOYAmt
EOY	$97,686,778	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$99,067,674	BOYAmt
EOY	$97,686,778	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,165,662,447	BOYAmt
EOY	$1,181,695,704	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$5,260,900	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$6,641,796	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,717,205	OtherCostOrOtherBasisAmt
Book Value	$3,717,205	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,327,244	OtherCostOrOtherBasisAmt
Depreciation	$5,996,989	DepreciationAmt
Book Value	$4,330,255	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,094,503	OtherCostOrOtherBasisAmt
Depreciation	$3,956,014	DepreciationAmt
Book Value	$4,138,489	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$10,721,112	OtherCostOrOtherBasisAmt
Depreciation	$8,108,583	DepreciationAmt
Book Value	$2,612,529	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$50,000	OtherCostOrOtherBasisAmt
Book Value	$50,000	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$14,848,478	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
AFS INVESTMENTS	$84,283,818	F
HTM INVESTMENTS	$14,672,000	C
CERTIFICATES	$1,490,000	C
INVESTMENT IN CUSO'S	$1,055,947	C
FEDERAL HOME LOAN BANK	$1,475,200	C
INVESTMENT IN OTHER CREDIT UNIONS	$4,706,707	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$107,683,672	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	MEMBERS' SHARES & DEPOSITS	Desc
Amt	$1,050,382,434	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,050,382,434	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FASB ASC, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. THE CREDIT UNION'S INCOME TAX RETURNS PRIOR TO 2016 ARE CLOSED. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS.

PART IV LINE 11F.

INCOME TAXES AS A CREDIT UNION, THE CREDIT UNION IS EXEMPT FROM FEDERAL, STATE AND LOCAL TAXES UNDER THE PROVISIONS OF 501(C)(14) OF THE INTERNAL REVENUE CODE. THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS CONSOLIDATED FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BARRY SHANER
CEO	$423,928	$0	$54,587	$0	$234	$0	$4,575	$0	$1,260	$0	$484,584	$0	$0	$0
BIRAN EPSTEIN
CHIEF EXPERIENCE OFFICER	$266,713	$0	$40,340	$0	$234	$0	$3,291	$0	$788	$0	$311,366	$0	$0	$0
JOHN USTASZEWSKI
CHIEF FINANCIAL OFFICER	$240,233	$0	$39,491	$0	$234	$0	$2,669	$0	$1,260	$0	$283,887	$0	$0	$0
JENNIFER HERNES
MORTGAGE ORIGINATOR	$255,827	$0	$1,426	$0	$234	$0	$2,292	$0	$630	$0	$260,409	$0	$0	$0
SONJA DELANEY
CHIEF STRATEGY OFFICER	$215,471	$0	$34,651	$0	$234	$0	$2,816	$0	$1,260	$0	$254,432	$0	$0	$0
JONATHAN POLLOCK
CHIEF RISK OFFICER	$206,287	$0	$33,397	$0	$234	$0	$2,766	$0	$630	$0	$243,314	$0	$0	$0
KIMBERLY REGAN
MORTGAGE ORIGINATOR	$189,877	$0	$1,426	$0	$234	$0	$2,715	$0	$1,260	$0	$195,512	$0	$0	$0
JULIE LINCH
SVP RETAIL OPS & PHYS PRESENCE	$183,578	$0	$6,895	$0	$234	$0	$2,889	$0	$1,260	$0	$194,856	$0	$0	$0
SCOTT SWANN
SVP - LENDING	$160,066	$0	$18,124	$0	$234	$0	$1,747	$0	$0	$0	$180,171	$0	$0	$0
MATT GIES
CHIEF TALENT OFFICER	$153,827	$0	$14,949	$0	$234	$0	$2,373	$0	$630	$0	$172,013	$0	$0	$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	JOE SHARP	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	BOARD MEMBER OF DIRECTIONS CREDIT UNION	RelationshipDescriptionTxt
Transaction	$246,647	TransactionAmt
Transaction	COO OF THREAD MARKETING, A VENDOR OF DIRECTIONS CREDIT UNION	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE AND VOTING.
FORM 990, PART VI, SECTION A, LINE 7A	BOARD MEMBERS ARE ELECTED BY THE MEMBERS BY A SIMPLE PLURALITY VOTE FOR THREE YEAR TERMS ON A ROTATING BASIS.
FORM 990, PART VI, SECTION A, LINE 7B	MERGERS AND NAME CHANGES REQUIRE THE APPROVAL OF THE MEMBERSHIP.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS REVIEWED BY THE CFO OF THE CREDIT UNION PRIOR TO FILING. COPIES ARE PROVIDED TO THE BOARD OF DIRECTORS FOR THIER REVIEW.
FORM 990, PART VI, SECTION B, LINE 12C	THE POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK AND IS REQUIRED TO BE SIGNED BY NEW HIRES AND WHEN THERE'S A CHANGE IN THE POLICY. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY KNOWN OR POTENTIAL CONFLICTS IN ADVANCE OF A TRANSACTION AND ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE.
FORM 990, PART VI, SECTION B, LINE 15	CEO AND TOP MANAGEMENT POSITION'S COMPENSATION IS DETERMINED BY COMPARABILITY OF LIKE-SIZE CREDIT UNIONS. COMPENSATION IS ADJUSTED ANNUALLY TO COMPENSATE FOR COST OF LIVING AND PERFORMANCE OBJECTIVES THROUGH AN INTERNAL MATRIX PROGRAM AS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19	ALL POLICIES AND DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	TFS MARKETING	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5121 WHITEFORD ROAD	AddressLine1Txt
City	SYLVANIA	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	43560	ZIPCd

Field	Value	IRS element (for citing)
EIN	030520723	EIN
Primary Activities	FINANCIAL SERVICES	PrimaryActivitiesTxt
Legal Domicile State	OH	LegalDomicileStateCd
End Of Year Assets	$267,634	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	DIRECTIONS CREDIT UNION	BusinessNameLine1Txt