2022-05-15T15:12:35-07:00 2021-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2021-01-01 381435020 COPOCO Community Credit Union COPO 9896841873 PO Box 1520 Bay City MI 48706 Doreen Smith Executive VP 2022-05-15 true Doreen Smith 999009999 Patrick Haughey P01980057 8005225820 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Linda Doan PO Box 1520 Bay City MI 487060520 5468925 false X www.copoco.org X 1951 MI To provide financial services to member owners with a common bond. 7 6 50 9 11555 0 4055033 3781914 712455 850987 21414 43388 4788902 4676289 0 0 2021285 1994611 0 0 2558233 2513370 4579518 4507981 209384 168308 111491350 120251871 102774525 112313725 8716825 7938146 To provide excellence in service, helping each member realize their financial goals and dreams. false false The Credit Union provides several deposit account types to members including savings, checking, certificates and other. The total number of members at 12/31/2021 was 10,156. The Credit Union provides a variety of loans to members including real estate, credit card, vehicle and other. The total number of loans outstanding at 12/31/2021 was 6,230. Offer ATM Services, Check cashing, Wire transfers, Insurance/Investments sales, Bill pay, Overdraft/Courtesy pay, Financial education, Gift cards, Money Orders, and Electronic Fund Transfers to all eligible members. false false false false false false false false false true true false false true false false false false false false false false false false false false false false true false true false false false false false false false false false false false false true 1284 0 true 50 true true true false false false false false false false X 7 6 false false false false true true false true true false true true false true true true true true true true false X Doreen Smith 9896841873 4625 E Wilder Rd Bay City MI 48706 Linda Doan CEO/Treasurer 40.00 0.00 X X 129203 0 882 Doreen Smith Executive VP 40.00 0.00 X 97451 0 17419 Cheryl Dietzel Executive Vice President 0.00 0.00 14638 0 0 Harold Miller Director 1.00 0.00 X 0 0 0 ED CLEMENTS Secretary 1.00 0.00 X 0 0 0 Trevor Keyes Director 1.00 0.00 X 0 0 0 John Tippman Vice Chair 1.00 0.00 X 0 0 0 Sean Kelly Director 1.00 0.00 X 0 0 0 Alan Shurkey Chairperson 1.00 0.00 X 0 0 0 241292 18301 1 true false false HEALTH ALLIANCE PLAN PO Box 67000 Detroit MI 482672703 Health insurance 227584 Fiserv PO BOX 934057 ATLANTA GA 311934057 Data processing 724312 2 0 Fee Income 524298 1327339 1319712 7627 Loan Interest Income 522100 2450647 2450647 Non-Member ATM Fees 525990 3928 3928 3781914 848042 848042 0 0 43388 43388 43388 43388 795581 792636 2945 2945 2945 0 0 0 0 4676289 4664734 11555 0 0 0 0 259593 0 1178406 254320 196493 105799 54525 0 58505 0 0 17202 351079 118123 272492 385124 0 280145 0 0 28074 119863 0 173226 34748 Loan Servicing 368042 ATM Expense 134802 Collection Expense 43393 Postage and Shipping 41921 32106 4507981 0 0 0 1990605 2478904 15352748 13699600 0 558358 314709 92937 64476 0 51692903 48848709 0 372386 298689 3565793 3706650 3565793 2055392 2679650 34022986 46920530 425200 0 0 1221185 1380811 111491350 120251871 1236712 1212381 101537813 111101344 102774525 112313725 X 8716825 7938146 8716825 7938146 111491350 120251871 X 168308 -860189 -300 -86498 X false true X true false 527204 527204 2891931 2891931 1003 1003 145655 145655 3565793 46920530 Member Shares & Deposits 111101344 111101344 false false false Cheryl Dietzel Executive Vice President 14638 14638 Doreen Smith Executive VP Mortgage X 105000 55531 false true true Doreen Smith Exec VP Vehicle X 39887 8945 false true true 64476 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Section 501c(14) Credit Union is composed of members. Form 990, Part VI, Line 11b: Form 990 Review Process Management reviews tax returns and forwards US Form 8879-EO to tax preparer. Board reviews filed tax returns at next scheduled meeting. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Credit Committee. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Executive and employee salaries are Board reviewed and approved. Board of directors are not compensated. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Credit union bylaws and conflict of interest policy are available upon request at the credit union's main office. Quarterly financial statements are displayed in the lobby which is accessible to the general public. Quarterly financial performance (Call) reports are also available at www.ncua.gov for all federally insured credit unions. Other Changes In Net Assets Or Fund Balances - Other Decreases Changes in Other Comprehensive = -$86498