2021-11-12T17:36:08-06:00 2020-12-31 382492570 DOEREN MAYHEW 305 WEST BIG BEAVER ROAD TROY MI 48084 990 2020-01-01 381449622 CREDIT UNIONS CHARTERED IN THE STATE OF MONROE COUNTY COMMUNITY CREDIT UNION CRED 7342423222 715 N TELEGRAPH ROAD MONROE MI 48162 KRISTINE BRENNER PRESIDENT/CEO 7342423222 2021-11-11 1 KRISTINE BRENNER 999009999 JOSEPH ZITO CPA P00648440 2482443000 2021-11-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MONROE COUNTY COMMUNITY CREDIT UNION KRISTINE BRENNER 715 N TELEGRAPH ROAD MONROE MI 48162 15453134 0 X WWW.MCCCU.ORG X 1953 MI MONROE COUNTY COMMUNITY CREDIT UNION IS A CRITICAL PART OF THE COMMUNITIES WE SERVE. AS A NOT-FOR-PROFIT FINANCIAL INSTITUTION, OUR DAY JOB IS TO PROVIDE EXCEPTIONAL BANKING SERVICES TO EACH AND EVERY MEMBER OF OUR CREDIT UNION, BUT OUR REAL PASSION IS TO MAKE AN IMPACT IN THE LIVES OF EACH AND EVERY MEMBER OF OUR COMMUNITY. TOGETHER WITH OUR EMPLOYEES, VOLUNTEERS, AND MEMBERS, WE DON'T JUST SERVE THE COMMUNITY, WE ARE THE COMMUNITY. 7 7 96 8 102461 0 0 0 9815242 9457140 2036229 1532106 61046 102461 11912517 11091707 0 0 0 0 4624057 4625004 0 0 0 5009422 5433047 9633479 10058051 2279038 1033656 221708515 276514623 199052493 251977949 22656022 24536674 X MONROE COUNTY COMMUNITY CREDIT UNION IS A CRITICAL PART OF THE COMMUNITIES WE SERVE. AS A NOT-FOR-PROFIT FINANCIAL INSTITUTION, OUR DAY JOB IS TO PROVIDE EXCEPTIONAL BANKING SERVICES TO EACH AND EVERY MEMBER OF OUR CREDIT UNION, BUT OUR REAL PASSION IS TO MAKE AN IMPACT IN THE LIVES OF EACH AND EVERY MEMBER OF OUR COMMUNITY. TOGETHER WITH OUR EMPLOYEES, VOLUNTEERS, AND MEMBERS, WE DON'T JUST SERVE THE COMMUNITY, WE ARE THE COMMUNITY. 0 0 LOANS TO MEMBERS CARD SERVICES COURTESY PAY 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4164 0 1 96 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X MARK RADWANSKI 7343842704 715 N TELEGRAPH RD MONROE MI 48162 ROBERT DEGRAER DIRECTOR 2.00 X 0 0 0 MICHAEL MILLER CHAIRPERSON 2.00 X 0 0 0 GARY SIEVERT VICE CHAIRPERSON 2.00 X 0 0 0 JENNIFER POUPARD SECRETARY 2.00 X 0 0 0 CONNIE OCHS DIRECTOR 2.00 X 0 0 0 KENNETH STRITT TREASURER 2.00 X 0 0 0 MARIA ZAGORSKI DIRECTOR 2.00 X 0 0 0 DANIEL CARLETON ASSOCIATE DIRECTOR 2.00 X 0 0 0 MARK RADWANSKI SVP/CFO 45.00 X 166764 0 39672 KRISTINE BRENNER PRESIDENT/CEO 45.00 X 97284 0 17931 STEPHEN GRECH CEO 45.00 X 54843 0 5513 MICHELLE MICALLEF SVP CLO 45.00 X 167181 0 34102 SUSAN RAFKO-BAYER SVP-COO 45.00 X 172511 0 30466 658583 0 127684 3 0 1 0 FIS 601 RIVERSIDE AVENUE JACKSONVILLE FL 32204 CREDIT/DEBIT CARD PROCESSOR 959690 CU ANSWERS 6000 28TH SE STE 100 GRAND RAPIDS MI 49546 DATA PROCESSING 634078 PSCU 560 CARILLON PARKWAY ST PETERSBURG FL 33716 CREDIT/DEBIT CARD PROCESSOR 303789 ADT COMMERCIAL 1501 W YAMATO RD BOCA RATON FL 33431 COMMERCIAL SECURITY SERVICES 191742 COMMERCIAL ALLIANCE 1607 BIG BEAVER RD 201 TROY MI 48083 COMMERCIAL LENDING SERVICES 131305 8 INCOME ON MEMBER LOANS 522100 5761262 5761262 FEES/CHARGES/OTHER 522100 3695878 3695878 9457140 1426005 1426005 4467528 4361427 106101 106101 106101 FINANCE AND INSURANCE 520000 102461 102461 102461 11091707 10989246 102461 0 X 786267 2502775 247568 820240 268154 124401 44060 233212 117358 439719 516519 326672 74259 389660 18583 510209 83091 DEBIT/CREDIT EXPENSE 1605494 PROVISION FOR LOAN LOSS 402800 EQUIPMENT/BUILDING MAIN 322612 LOAN SERVICING 239041 -14643 10058051 3153806 3398129 32759465 78819193 968269 1013987 118611045 131251554 233157 229633 12348711 3563492 3655070 8785219 37264806 47142190 17257600 2260600 25980 18544 7779317 3595574 221708515 276514623 3170015 2751755 195882478 249226194 199052493 251977949 X 0 0 0 0 22656022 24536674 22656022 24536674 221708515 276514623 X 1033656 606346 240650 X X 0 1 X 1 0 2290597 2290597 7035768 1579586 5456182 135077 135077 0 2887269 1848829 1038440 8785219 MEMBERS SHARES 249226194 249226194 X 11091707 0 11091707 0 11091707 10058051 0 10058051 0 10058051 PART X, LINE 2: THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL INCOME TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE (IRC) AND STATE TAX LAWS. HOWEVER, IRC SECTION 511 IMPOSES A TAX ON THE UNRELATED BUSINESS INCOME DERIVED BY STATE-CHARTERED CREDIT UNIONS. GENERALLY, THESE TAXES ARE INSIGNIFICANT TO THE CREDIT UNION. X X X 0 0 0 MARK RADWANSKI SVP/CFO 150139 0 10200 0 6425 0 14217 0 25455 0 206436 0 0 0 SUSAN RAFKO-BAYER SVP-COO 165868 0 6000 0 643 0 10150 0 20316 0 202977 0 0 0 MICHELLE MICALLEF SVP CLO 150205 0 16700 0 276 0 13828 0 20274 0 201283 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 EVERY INDIVIDUAL THAT HAS AN ACCOUNT WITH THE CREDIT UNION IS A MEMBER OF THE CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE CREDIT UNION CAN ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 11B 990 IS PREPARED BY 3RD PARTY. A DRAFT IS SENT TO THE CONTROLLER FOR REVIEW AND APPROVAL PRIOR TO FILING. THE BOARD OF DIRECTORS IS NOTIFIED OF THE FILING OF THE RETURN AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURE FORMS ARE REVIEWED BY THE BSA/COMPLIANCE OFFICER AND ADDED TO EMPLOYEE/DIRECTOR THIRD PARTY ACCOUNT RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE PAID BASED ON PERFORMANCE REVIEWS AND REVIEW OF MARKETPLACE SALARY REVIEW. THE PRESIDENT/CEO HAS A SIGNED CONTRACT. THE BOARD OF DIRECTORS CONDUCTS A REVIEW OF THE PRESIDENT/CEO. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES 103,698. OTHER PROFESSIONAL FEES 129,514. FORM 990, PART IX, LINE 24E ATM EXPENSE -14,643. FORM 990, PART XI, LINE 9: NET CHANGE IN ACTUARIAL LOSSES ON POST-RETIREMENT BENEFIT PLAN 240,650. FORM 990, PART XII, LINE 2C: WE HAVE A COMMITTEE COMPRISED OF THE BOARD OF DIRECTORS THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. OUR PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.