UNION SQUARE CREDIT UNION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: UNION SQUARE CREDIT UNION (EIN 75-0971964)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-11-15
IRS object ID: 202343199349306884
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	2023-11-15T10:08:29-06:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	20 EAST THOMAS ROAD SUITE 2300	AddressLine1Txt
City	PHOENIX	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85012	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	750971964	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Business Name Control	UNIO	BusinessNameControlTxt
Phone	9407208000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1401 HOLLIDAY	AddressLine1Txt
City	WICHITA FALLS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76301	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KAREN SCHREIBER	PersonNm
Person Title	VICE PRESIDENT OF ACCOUNTING	PersonTitleTxt
Phone	9407208000	PhoneNum
Signature	2023-11-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	KAREN	PersonFirstNm
Person Last	SCHREIBER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	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	MELISSA HANGSLEBEN	PreparerPersonNm
PTIN	P02087031	PTIN
Phone	6022662248	PhoneNum
Preparation	2023-11-09	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	PATRICK MURRAY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1401 HOLLIDAY	AddressLine1Txt
City	WICHITA FALLS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76301	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$34,927,808	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.UNIONSQUARE.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1957	FormationYr
Legal Domicile State	TX	LegalDomicileStateCd
Activity Or Mission	TO SERVE THE FINANCIAL NEEDS OF ITS MEMBERS.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	178	TotalEmployeeCnt
Total Volunteers	6	TotalVolunteersCnt
Total Gross UBI	$303,444	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$28,586,425	PYProgramServiceRevenueAmt
CY Program Service Revenue	$32,442,302	CYProgramServiceRevenueAmt
PY Investment Income	$618,404	PYInvestmentIncomeAmt
CY Investment Income	$1,619,645	CYInvestmentIncomeAmt
PY Other Revenue	-$21,955	PYOtherRevenueAmt
CY Other Revenue	-$34,375	CYOtherRevenueAmt
PY Total Revenue	$29,182,874	PYTotalRevenueAmt
CY Total Revenue	$34,027,572	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$2,926,002	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$4,056,307	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$9,474,753	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$10,066,145	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$13,103,427	PYOtherExpensesAmt
CY Other Expenses	$15,904,865	CYOtherExpensesAmt
PY Total Expenses	$25,504,182	PYTotalExpensesAmt
CY Total Expenses	$30,027,317	CYTotalExpensesAmt
PY Revenues Less Expenses	$3,678,692	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$4,000,255	CYRevenuesLessExpensesAmt
Total Assets BOY	$559,980,799	TotalAssetsBOYAmt
Total Assets EOY	$684,777,588	TotalAssetsEOYAmt
Total Liabilities BOY	$509,396,978	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$634,649,454	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$50,583,821	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$50,128,134	NetAssetsOrFundBalancesEOYAmt
Mission	TO SERVE FINANCIAL NEEDS AND DREAMS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	TO SERVE THE FINANCIAL NEEDS AND DREAMS OF THE MEMBERS. UNION SQUARE CREDIT UNION CORE VALUES INCLUDE MEMBER SERVICE AND SENSITIVITY, ETHICAL AND LEGAL BEHAVIOR, DIVERSITY AND EQUAL OPPORTUNITY, SOUND, STRONG BUSINESS JUDGMENT, AND FRIENDLY AND KNOWLEDGEABLE STAFF. WITH THESE VALUES, UNION SQUARE CREDIT UNION'S VISION IS TO BE THE FINANCIAL CENTER OF CHOICE.	Desc
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	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	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	Yes (1)	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	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	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	0	TransactionWithControlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	10556	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	178	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	7	GoverningBodyVotingMembersCnt
Independent Voting Member	6	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	0	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
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	PATRICK L MURRAY	PersonNm
Phone	9407208000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1401 HOLLIDAY	AddressLine1Txt
City	WICHITA FALLS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76301	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
JOHN BARAD
PRESIDENT/CEO	40.00	Yes (X)	Yes (X)	$418,608	$0	$41,732
DAVID NIX
CHAIRMAN	1.00	Yes (X)	Yes (X)	$0	$0	$0
GARY STEVENSON
VICE CHAIRMAN	1.00	Yes (X)	Yes (X)	$0	$0	$0
ERIC WEST
SECRETARY/TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
DANNY AHERN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
PAUL FLEMING
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JULIE PRUETT
DIRECTOR	1.00	Yes (X)		$0	$0	$0
PATRICK MURRAY
EXECUTIVE VICE PRESIDENT	40.00		Yes (X)	$163,952	$0	$21,137
TEEA REED
CHIEF OPERATIONS OFFICER	40.00		Yes (X)	$154,987	$0	$19,778
JOE GUIDRY
CHIEF INFORMATION OFFICER	40.00		Yes (X)	$158,655	$0	$23,433
SCOTT FLINN
SR. VICE PRESIDENT MORTGAGE SERVICES	40.00		Yes (X)	$213,156	$0	$15,824
MONICA DAVIS
SR. VICE PRESIDENT RISK MANAGEMENT	40.00		Yes (X)	$117,776	$0	$18,596
KAREN SCHREIBER
VICE PRESIDENT ACCOUNTING	40.00		Yes (X)	$113,937	$0	$18,907
MEGAN MAGANA
VICE PRESIDENT HUMAN RESOURCES	40.00		Yes (X)	$113,610	$0	$18,051
DUSTIN BARGER
VICE PRESIDENT CONSUMER LENDING	40.00		Yes (X)	$138,713	$0	$24,156
JEFFERY GLADU
VICE PRESIDENT TECHNOLOGY OFFICER	40.00		Yes (X)	$102,664	$0	$91,554
IDA FERGUSON
AVP MORTGAGE UNDERWRITING	40.00			$115,981	$0	$15,221	Yes (X)
TAMMY HUGHES
MORTGAGE LENDING PRODUCTION MANAGER	40.00			$116,453	$0	$12,388	Yes (X)
JUSTIN HOUSTON
MORTGAGE LOAN OFFICER	40.00			$117,103	$0	$9,588	Yes (X)
TC SANDERS
MORTGAGE LOAN OFFICER	40.00			$109,443	$0	$23,815	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,155,038	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$354,180	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	14	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
FISERV
PO BOX 208457	DALLAS	TX	75320	MONTHLY MAINTENANCE	$3,278,432
NEWGROUND INTERNATIONAL INC
PO BOX 6228	CAROL STREAM	IL	60197	CONTRACTING	$2,026,650
PUREIT CREDIT UNION SERVICES LLC
17665 TELGE ROAD	CYPRESS	TX	77429	NETWORK SERVICES	$342,634
CREDIT BUREAU OF NORTH TEXAS
PO BOX 4508	WICHITA FALLS	TX	76308	CREDIT REPORTS	$279,571
LONGO LANDSCAPE AND LAWN SERVICE
8324 STATE HWY 79 S	WICHITA FALLS	TX	76310	LANDSCAPING	$189,394

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	14	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST FROM LOANS TO MEMBERS	522100	$23,860,463	$23,860,463
FEES AND CHARGES	522100	$4,756,600	$4,453,156	$303,444
INTERCHANGE INCOME	522100	$1,879,266	$1,879,266
OTHER NONINTEREST INCOME	522100	$1,100,233	$1,100,233
INCOME FROM LOANS HELD FOR SALE	522100	$845,740	$845,740

Field	Value	IRS element (for citing)
Total Program Service Revenue	$32,442,302	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,744,082	TotalRevenueColumnAmt
Exclusion	$1,744,082	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$247,370	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$281,745	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$34,375	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$34,375	TotalRevenueColumnAmt
Exclusion	-$34,375	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$466,076	SecuritiesAmt
Other	$27,978	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$618,491	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$152,415	SecuritiesAmt
Other	$27,978	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$124,437	TotalRevenueColumnAmt
Exclusion	-$124,437	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$34,027,572	TotalRevenueColumnAmt
Related Or Exempt Func Income	$32,138,858	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$303,444	UnrelatedBusinessRevenueAmt
Exclusion	$1,585,270	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$4,056,307	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,989,226	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$5,930,941	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$645,176	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$939,497	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$561,305	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$31,403	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$86,148	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$5,591,467	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$521,330	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,568,598	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$532,591	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$543,197	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$224,631	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,699,932	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,127,185	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$126,445	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
LOAN SERVICING	$928,344
PROVISION FOR LOAN LOSS	$653,147
OTHER EXPENSES	$179,857
ASSOCIATION DUES	$90,590

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$30,027,317	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,103,919	BOYAmt
EOY	$5,196,887	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$5,899,137	BOYAmt
EOY	$6,594,717	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$461,405	BOYAmt
EOY	$425,653	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$6,742,609	BOYAmt
EOY	$6,624,380	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$469,193,441	BOYAmt
EOY	$577,527,110	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$89,835	BOYAmt
EOY	$264,766	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$35,653,120	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$15,042,452	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$18,363,266	BOYAmt
EOY	$20,610,668	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$22,963,629	BOYAmt
EOY	$42,093,097	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$7,632,187	BOYAmt
EOY	$7,523,644	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$24,531,371	BOYAmt
EOY	$17,916,666	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$559,980,799	BOYAmt
EOY	$684,777,588	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$4,782,143	BOYAmt
EOY	$3,538,230	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$15,000,000	BOYAmt
EOY	$69,000,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$489,614,835	BOYAmt
EOY	$562,111,224	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$509,396,978	BOYAmt
EOY	$634,649,454	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	$50,583,821	BOYAmt
EOY	$50,128,134	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$50,583,821	BOYAmt
EOY	$50,128,134	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$559,980,799	BOYAmt
EOY	$684,777,588	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$4,000,255	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$4,463,699	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$7,757	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,598,613	OtherCostOrOtherBasisAmt
Book Value	$2,598,613	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$24,429,003	OtherCostOrOtherBasisAmt
Depreciation	$8,332,496	DepreciationAmt
Book Value	$16,096,507	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$223,037	OtherCostOrOtherBasisAmt
Depreciation	$49,157	DepreciationAmt
Book Value	$173,880	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,402,467	OtherCostOrOtherBasisAmt
Depreciation	$6,660,799	DepreciationAmt
Book Value	$1,741,668	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$20,610,668	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
DEFERRED COMPENSATION LIABILITY	$93,388
MEMBER'S SHARE AND SAVINGS ACCOUNT	$561,607,578
LEASE LIABILITY	$410,258

Field	Value	IRS element (for citing)
Total Liability	$562,111,224	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 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
JOHN BARAD
PRESIDENT/CEO	$365,000	$0	$53,500	$0	$108	$0	$27,000	$0	$14,732	$0	$460,340	$0	$0	$0
SCOTT FLINN
SR. VICE PRESIDENT MORTGAGE SERVICES	$100,000	$0	$113,090	$0	$66	$0	$10,654	$0	$5,170	$0	$228,980	$0	$0	$0
JEFFERY GLADU
VICE PRESIDENT TECHNOLOGY OFFICER	$98,929	$0	$3,162	$0	$573	$0	$87,072	$0	$4,482	$0	$194,218	$0	$0	$0
PATRICK MURRAY
EXECUTIVE VICE PRESIDENT	$158,875	$0	$5,038	$0	$39	$0	$16,357	$0	$4,780	$0	$185,089	$0	$0	$0
JOE GUIDRY
CHIEF INFORMATION OFFICER	$153,750	$0	$4,875	$0	$30	$0	$15,863	$0	$7,570	$0	$182,088	$0	$0	$0
TEEA REED
CHIEF OPERATIONS OFFICER	$150,000	$0	$4,875	$0	$112	$0	$15,488	$0	$4,290	$0	$174,765	$0	$0	$0
DUSTIN BARGER
VICE PRESIDENT CONSUMER LENDING	$109,348	$0	$28,885	$0	$480	$0	$13,823	$0	$10,333	$0	$162,869	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 1A

THE TRAVEL FOR COMPANIONS BENEFIT IS PROVIDED FOR BOARD MEMBERS AND OFFICERS AT THE LEVEL OF ASSISTANT VICE PRESIDENT AND ABOVE. SOCIAL CLUB DUES ARE PAID BY THE CREDIT UNION FOR THE CEO.

PART I, LINE 4B

SPLIT-DOLLAR LIFE INSURANCE: THE CREDIT UNION HAS MADE LOANS FOR LIFE INSURANCE PREMIUM PAYMENTS TO MEMBERS OF TOP MANAGEMENT. THE LOANS ARE COLLATERALIZED BY THE ASSIGNMENT OF THE POLICY DEATH BENEFITS AND CASH VALUES, OF EACH RESPECTIVE LIFE INSURANCE POLICY. THE POLICIES ARE OWNED BY THE EXECUTIVES AND THE EXECUTIVES HAVE THE RIGHT TO NAME THE BENEFICIARIES FOR AMOUNTS NOT SECURED BY THE ASSIGNMENTS. THE LOANS ARE CONSIDERED NONRECOURSE AND AS SUCH, THE CREDIT UNION HAS RECORDED THE BALANCE AS THE LOWER OF THE OUTSTANDING LOAN BALANCE, PLUS ACCRUED INTEREST, OR THE CASH SURRENDER VALUE OF THE LIFE INSURANCE POLICIES. 457F PLAN: THE CREDIT UNION ESTABLISHED A 457F PLAN DURING 2021 FOR CERTAIN MEMBERS OF MANAGEMENT. THE ONLY ACTIVITY ON THIS PLAN DURING 2021 WAS THE INITIAL FUNDING OF THE PLAN BY THE CREDIT UNION. THERE WERE NO CONTRIBUTIONS TO OR DISTRIBUTIONS FROM THE PLAN DURING 2022.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
JOHN BARAD
PRESIDENT/CEO	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$4,000,000	$4,017,485	0	Yes (1)	Yes (1)
PATRICK MURRAY
EXECUTIVE VICE PRESIDENT	SPLIT DOLLAR LIFE INSURANCE	Yes (X)	$2,700,000	$2,606,895	0	Yes (1)	Yes (1)

Field	Value	IRS element (for citing)
Total Balance Due	$6,624,380	TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	PARTICIPATION IN THIS CREDIT UNION IS LIMITED TO THOSE WHO QUALIFY FOR MEMBERSHIP AS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF THOSE WHO LIVE OR WORK IN ARCHER, BAYLOR, CLAY, WICHITA AND WILBARGER COUNTIES, TEXAS AND COTTON AND TILLMAN COUNTIES, OKLAHOMA. ADDITIONALLY, IF YOU JOIN THE TEXAS CONSUMER COUNCIL, ARE A MEMBER OF THE AMERICAN RED CROSS-NORTH TEXAS REGION, OR AMERICAN RED CROSS-OKLAHOMA REGION. IN ADDITION TO A REGULARLY QUALIFIED MEMBER, THE SPOUSE OF A MEMBER, THE BLOOD OR ADOPTIVE RELATIVES OF EITHER OF THEM AND THEIR SPOUSES MAY BE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERS OF THE CREDIT UNION ELECT THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7B	MERGERS AND MODIFICATIONS TO THE FIELD OF MEMBERSHIP MUST HAVE PRIOR APPROVAL FROM MAJORITY OF MEMBERS.
FORM 990, PART VI, SECTION A, LINE 8B	THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY OUTSIDE INTEREST TO HR AND MANAGEMENT ANNUALLY. THIS POLICY COVERS OFFICERS, DIRECTORS, COMMITTEE PERSONS AND EMPLOYEES. DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND ANY RESTRICTIONS IMPOSED ON PERSONS WITH A CONFLICT, SUCH AS RECUSAL FROM THE DELIBERATIONS OR DECISIONS, ARE MADE IN THE ETHICS AND CONDUCT POLICY. THESE PROCEDURES ARE REVIEWED ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD OF DIRECTORS DETERMINE THE COMPENSATION FOR THE CEO. SALARY SURVEYS FROM CUES, CUNA AND CORNERSTONE CREDIT UNION LEAGUE ARE USED TO DETERMINE COMPENSATION. THE VICE CHAIRMAN OF THE BOARD DOCUMENTS THE PROCESS AND DETERMINATION RELATED TO THE CEO'S COMPENSATION. THE CEO IS RESPONSIBLE FOR THE DETERMINATION OF THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES. ANNUAL EVALUATIONS AS WELL AS SURVEYS AND SCALES ARE USED IN THIS DETERMINATION. THIS PROCESS AND DETERMINATION IS DOCUMENTED IN THE PERSONNEL FILES. THE CREDIT UNION USES A THIRD PARTY ENTITLED COMPEASE THAT EVALUATES AND ESTABLISHES THE RECOMMENDED PAY RANGES FOR EACH POSITION. THESE RECOMMENDATIONS ARE REVIEWED SEMI-ANNUALLY AND APPROVED ANNUALLY BY THE CEO. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS AND ETHICS AND CONDUCT POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED MONTHLY IN EACH LOCATION OF THE CREDIT UNION.
FORM 990, PART IX, LINE 11G	INVESTMENT CONSULTANTS 96,961. OTHER PROFESSIONAL FEES 5,268,811. SECURITY SERVICES 22,694. PROFESSIONAL FEES: ARMORED CAR 41,521. PROFESSIONAL FEES: PAYROLL 33,556. PROFESSIONAL FEES: INDIRECT LENDING 120,806. PROFESSIONAL FEES: WEBINARS 7,118.
FORM 990, PART XI, LINE 9:	CHANGE IN CUSO INVESTMENT 7,757.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	UNION SQUARE INSURANCE AGENCY INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1401 HOLLIDAY	AddressLine1Txt
City	WICHITA FALLS	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	76301	ZIPCd

Field	Value	IRS element (for citing)
EIN	471961369	EIN
Primary Activities	INSURANCE	PrimaryActivitiesTxt
Legal Domicile State	TX	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

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

Field	Value	IRS element (for citing)
Entity Type	C	EntityTypeTxt
Share Of Total Income	$39,893	ShareOfTotalIncomeAmt
Share Of EOY Assets	$50,282	ShareOfEOYAssetsAmt
Ownership	1.00000	OwnershipPct
Controlled Organization	Yes (1)	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd