2020-04-20T07:55:00-07:00 2019-12-31 650152722 FINANCIAL STANDARDS GROUP INC 6447 W HIGHWAY 146 CRESTWOOD KY 40014 990 2019-01-01 381435020 COPOCO Community Credit Union COPO 9896841873 PO Box 1520 Bay City MI 48706 Doreen Smith Executive VP 2020-04-20 true Robert Draeger P01331632 8005225820 2019 2020-09-23 17:36:50Z Linda Doan PO Box 1520 Bay City MI 487060520 6262066 false X www.copoco.org X 1951 MI To provide financial services to member owners with a common bond. 7 6 53 9 19253 0 4696335 4473182 688218 671135 38753 30053 5423306 5174370 0 0 2078757 2203834 0 0 2665180 2561959 4743937 4765793 679369 408577 96817311 95961879 89776809 87806383 7040502 8155496 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 12/31/2019 was 11,383. 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 12/31/2019 was 7,223. 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 false false true false false false false false false false false false false false false true 750 0 true 53 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 130013 0 1046 Doreen Smith Executive VP 40.00 0.00 X 90336 0 15607 Harold Miller Director 1.00 0.00 X 0 0 0 Keith Grew 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 220349 16653 1 false false false Blue Cross PO Box 67441 Detroit MI 482674416 Health insurance 123083 Fiserv 75 Remittance Dr Dept 1649 Chicago IL 606751649 Data processing 659871 2 0 Fee Income 524298 1362814 1356140 6674 Loan Interest Income 522100 3097789 3097789 Non-Member ATM Fees 525990 12579 12579 4473182 725052 725052 0 0 42525 12472 30053 30053 30053 685109 336198 682840 392384 2269 -56186 -53917 -53917 0 0 0 0 5174370 5155117 19253 0 0 0 0 237002 0 1318510 305254 222943 120125 40919 82052 50907 0 0 15797 312997 132974 470956 344258 0 138221 0 0 0 136114 0 168484 32425 Loan Servicing 336232 ATM Expense 127310 Foreclosed Property Expenses 52513 Postage and Shipping 48998 70802 4765793 0 0 0 2182917 1628619 2895467 8939445 0 297440 293281 178905 168011 0 60136416 57157739 0 213562 243807 3751070 3720119 3751070 1742445 1853737 23390241 20357643 425200 425200 0 1634599 1143327 96817311 95961879 2748837 2167477 87027972 85638906 89776809 87806383 X 7040502 8155496 7040502 8155496 96817311 95961879 X 408577 855520 -149103 X false true X true false 528623 528623 2954143 2954143 6022 6022 262282 262282 3751070 20357643 Member Shares & Deposits 85638906 85638906 Linda Doan CEO Mortgage X 82000 26876 false true true Doreen Smith Executive VP Mortgage X 105000 70773 false true true Linda Doan CEO Vehicle X 37970 34951 false false false Doreen Smith Exec VP Vehicle X 39887 35411 false false false 168011 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 Other Comprehensive Income = -$149103