2020-11-13T17:37:18-06:00 2019-12-31 450250958 Eide Bailly LLP 1730 Burnt Boat Loop Ste 100 Bismarck ND 585030886 990 2019-01-01 820343410 Idaho United Credit Union IDAH 2083882138 PO Box 2268 Boise ID 83701 Gary Skeen President/CEO 2083882138 2020-11-13 1 Lisa Chaffee CPA P00193453 7012551091 2020-11-13 69.26.19.73 2020-11-13 11:19:47 CS P 20D478E4EEC8FAACC9B63267777D3BC38D7350DC FECFF8A53CAF37CAAABA14B0D99218E7312F2581 2019 2022-01-07 14:23:13Z Gary Skeen PO Box 2268 Boise ID 83701 2111970 0 1231 X www.idahounited.org X 1978 ID To operate without profit and to provide reserve funds for loans to members at reasonable rates. 7 7 18 8 0 0 0 0 1975658 2004491 62636 66090 0 0 2038294 2070581 0 0 0 0 737873 771893 0 0 0 977660 1116204 1715533 1888097 322761 182484 36109044 37046204 33468121 34222797 2640923 2823407 Idaho United is a progressive, member-owned credit union providing essential financial services in a convenient manner with a personal touch. 0 0 Promoting the financial well-being and thrift of 5,212 members by providing loan and saving services at competitive rates. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 665 0 1 18 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 0 0 X Lowetta Beyers 2083882138 3103 E Saint Lukes St Meridian ID 83642 Gary Skeen President/CEO 40.00 X 101862 0 28795 Richard Hahn Chairperson 0.50 X X 0 0 0 Ronald Meyers Vice Chairperson 0.50 X X 0 0 0 Mike Polito Treasurer 0.50 X X 0 0 0 Melody Sanford Secretary 0.50 X X 0 0 0 Jason Huszar Board Member (Starting 07/01/2019) 0.50 X 0 0 0 Camille Cegnar Board Member 0.50 X 0 0 0 Brittany Nixon Board Member (Starting 09/01/2019) 0.50 X 0 0 0 Chad Bennett Board Member (Until 09/01/2019) 0.50 X 0 0 0 101862 0 28795 1 0 0 0 0 Interest on Loans 522100 1533037 1533037 Fee & Interchange Inco 522100 409194 409194 Operating Income - Vis 522100 33237 33237 Service Contracts 522100 29023 29023 2004491 98733 98733 8746 41389 -32643 -32643 -32643 2070581 2004491 0 66090 132575 481369 9410 101622 46917 21600 6076 286684 33147 52112 313 64737 Provision for Loan Loss 167007 Member Dividend Expense 144042 Indirect Lending Fees & 91284 Processor Expense - Vis 65092 184110 1888097 652698 484315 5423059 4124056 28443863 30847632 145412 82080 2266458 1310258 929178 956200 514834 551921 36109044 37046204 272304 348462 33195817 33874335 33468121 34222797 X 0 0 0 0 2640923 2823407 2640923 2823407 36109044 37046204 182484 0 X X 0 0 0 329961 329961 842016 387980 454036 140129 117311 22818 682249 562978 119271 272103 241989 30114 956200 Share Drafts 7257982 Regular Shares 21357954 Share Certificates 5130019 IRA/Keogh Accounts 128380 33874335 Form 990, Part VI, Section A, line 1 The Organization has a supervisory committee composed of 3 individuals with authority to act on behalf of the governing body. The Supervisory Committee also has the authority to remove members of the Governing Body and to hire and oversee both the Organization's examiner and auditor. This committee includes a member of the Governing Body. Form 990, Part VI, Section A, line 6 Each account holder is a member of the Credit Union. Form 990, Part VI, Section A, line 7a The Nominating Committee is selected from Credit Union membership on an annual basis. The Nominating Committee then selects the board nominations who serve three year staggered terms. The Nominating Committee seeks to find a balanced board with skill sets such as accounting and legal. Form 990, Part VI, Section A, line 7b The Governing Body is restricted from approving a merger, terminating the Credit Union and removing a member from membership without a membership vote. Form 990, Part VI, Section B, line 11b The Form 990 was reviewed by the Credit Union CEO and Bookkeeper prior to filing. Form 990, Part VI, Section B, line 12c The Credit Union is a small credit union and meets regularly to review credit union operations. The Board of Directors and CEO are covered by the conflict of interest policy and any potential conflicts are discussed immediately at the Board level. Any Board Member who is associated with the conflict of interest is required to remove themselves from the discussion and abstains from voting on the issue. Form 990, Part VI, Section B, line 15a The Credit Union performs a compensation study every few years using an independent consulting company and the CUNA salary survey. This information is reported to the board and salary ranges are applied to the applicable positions to ensure that compensation is reasonable for the services provided. An annual salary review was conducted in January, 2019. Form 990, Part VI, Section C, line 19 Financial statements are posted on the ncua.gov website and other documents are available by request. FORM 990, PART XII, LINE 2: The Credit Union is state regulated and federally insured. The National Credit Union Administration (NCUA) reviews the financial transactions of the Credit Union on a consistant basis.