2022-11-10T12:41:58-08:00 2021-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2021-01-01 381485730 Parkside Credit Union PARK 7345250700 1747 S Newburgh Rd Westland MI 48186 Janet Thompson CEO / President 2022-11-10 true Janet Thompson 999009999 Patrick Haughey P01980057 8005225820 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z X 1747 S Newburgh Rd Westland MI 48186 10152824 false X www.parksidecu.org X 1953 MI Provide financial services to member owners with a common bond. 7 7 59 8 14389 0 8164968 8982757 990674 1170067 0 9155642 10152824 0 0 2868685 3620619 0 0 5710862 5324983 8579547 8945602 576095 1207222 154752322 166357063 134072068 145937312 20680254 20419751 Provide financial services to member owners with a common bond. 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 13,979. 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 10,145. 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 false false false false false false false false false false false false false true 29772 0 true 59 false true true false false false false false false false X 7 7 false false false false true true true true true false true true false true true true true true true true false X Connie Gladki 7345250700 1747 S Newburgh Rd Westland MI 48186 Janet Thompson CEO / President 40.00 0.00 X 237645 0 26411 Connie Gladki CFO 40.00 0.00 X 93821 0 27388 Heather Colonius CDO 40.00 0.00 X 87160 0 29562 Janet Hendrie EVP/COO 40.00 0.00 X 88103 0 16467 Joy Bobby CLO 40.00 0.00 X 86286 0 8805 Heathor Balazy COO 40.00 0.00 X 71144 0 6073 Doris Graham CRO 40.00 0.00 0 54477 2794 William Sackett Chairperson 2.00 0.00 X 0 0 0 Michael Rawson Treasurer 1.00 0.00 X 0 0 0 Richard Pokerwinski Vice Chair 1.00 0.00 X 0 0 0 Clyde Ghee Secretary 1.00 0.00 X 0 0 0 Doris Graham Assoc Director 1.00 0.00 X 0 0 0 Jerry Miller Director 1.00 0.00 X 0 0 0 Vincent Quinn Director 1.00 0.00 X 0 0 0 Brigitte Fawaz-Anouti Director 1.00 0.00 X 0 0 0 664159 54477 117500 1 true true false FIS 1101 Gray Fox Ct Howell MI 48843 Card Processing 0 0 Fees & Charges 522100 2126196 2126196 Insurance Reimbursements 524298 2066 2066 Loan Interest Income 522100 4667430 4667430 Non-Member ATM Fees 12323 12323 Other income 522100 2174742 2174742 8982757 878500 878500 0 0 0 291567 291567 291567 291567 0 0 0 0 10152824 10138435 14389 0 0 0 0 836136 0 1988800 90619 320344 384720 0 1105 23960 0 0 0 172415 257051 412271 266440 0 294114 4164 0 29769 150036 0 532796 68265 ATM and Card Expense 1685293 Provision for Loan Losses 874550 Loan Servicing Expenses 432019 Events and Meetings 54064 66671 8945602 0 0 0 3653757 3722407 29627707 38438572 0 281514 -172039 0 0 72030631 84148371 0 290055 660983 9403488 4024526 5946900 5378962 1497152 777377 35843170 30849558 0 21063 5581436 2531809 154752322 166357063 1591011 1373231 132481057 144564081 134072068 145937312 X 20680254 20419751 20680254 20419751 154752322 166357063 1207222 -1467725 X false false false 245397 245397 6495414 2116955 4378459 205367 205367 306748 94675 212073 2150562 1607529 543033 5378962 30849558 Member Shares & Deposits 144564080 Rounding 1 144564081 false false false Doris Graham CRO 53307 1170 1781 1013 57271 Janet Thompson CEO / President 235454 2191 21083 5328 264056 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Credit Union is composed of members. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Members vote on bylaw and charter changes. Members vote and elect Board members at annual meeting. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Mergers are voted on by entire membership. Form 990, Part VI, Line 11b: Form 990 Review Process Management reviews the 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 No employee, director or any other volunteer, agent or attorney may solicit or receive anything of value or any benefit or business oppotunity in connection with Credit Union business. Affected persons are required annually to list any relationships which may become a conflict of interest.Also, employee loans are Management approved. Management loans are Board approved. Loans to Board members are approved by the Board minus the lendee. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management 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.