TEXANS CREDIT UNION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
TEXANS CREDIT UNION (EIN 75-0992590)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201913199349318071
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-15T17:13:08-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN261694946PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SCHWARTZ COLE AND ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line111776 W SAMPLE RD STE 106AddressLine1Txt
CityCORAL SPRINGSCityNm
State AbbreviationFLStateAbbreviationCd
ZIP330653180ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN750992590EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TEXANS CREDIT UNIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTEXABusinessNameControlTxt
Phone9723482000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1777 EAST CAMPBELL RDAddressLine1Txt
CityRICHARDSONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75081ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEVE ERPPersonNm
Person TitleCHIEF LENDING OFFICEPersonTitleTxt
Phone9723482000PhoneNum
Signature2019-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANIEL J COLEPreparerPersonNm
PTINP00055998PTIN
Phone9547551760PhoneNum
Preparation2019-11-15PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.16.49IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-15IPDt
IP Tm17:13:08IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id978C6868E1FFD65FA1F0E03D65B6902AE2D87CABAtSubmissionCreationDeviceId
At Submission Filing Device Id5D0280A0F7BC3FECD0BDDAC7B68987F93B77BE44AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN KEVIN DURRANCEPrincipalOfficerNm
Gross Receipts$60,195,306GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.TEXANSCU.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1953FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTEXANS CREDIT UNION IS A STATE CHARTERED CREDIT UNION FORMED UNDER THE STATE CREDIT UNION LAW AND THE CREDIT UNION IS MEMBER-OWNED COOPERATIVE THAT PROVIDES TRADITIONAL DEPOSIT AND LOAN PRODUCTS, AS WELL AS OTHER FINANCIAL SERVICES TO THE MEMBERSHIP. THE CREDIT UNIONS FOCUS IS TO IMPROVE THE ECONOMIC WELL-BEING OF OUR MEMBERS/OWNERS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee344TotalEmployeeCnt
Total Gross UBI$297,190TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$43,555,579PYProgramServiceRevenueAmt
CY Program Service Revenue$48,773,890CYProgramServiceRevenueAmt
PY Investment Income$11,006,908PYInvestmentIncomeAmt
CY Investment Income$11,421,416CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$54,562,487PYTotalRevenueAmt
CY Total Revenue$60,195,306CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$1,409,627PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$1,439,295CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$16,653,451PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$16,235,844CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$16,942,283PYOtherExpensesAmt
CY Other Expenses$17,303,125CYOtherExpensesAmt
PY Total Expenses$35,005,361PYTotalExpensesAmt
CY Total Expenses$34,978,264CYTotalExpensesAmt
PY Revenues Less Expenses$19,557,126PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$25,217,042CYRevenuesLessExpensesAmt
Total Assets BOY$1,576,599,979TotalAssetsBOYAmt
Total Assets EOY$1,572,471,414TotalAssetsEOYAmt
Total Liabilities BOY$1,496,376,670TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,470,374,110TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$80,223,309NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$102,097,304NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTEXANS CREDIT UNION IS A STATE CHARTERED CREDIT UNION FORMED UNDER THE STATE CREDIT UNION LAW AND THE CREDIT UNION IS MEMBER-OWNED COOPERATIVE THAT PROVIDES TRADITIONAL DEPOSIT AND LOAN PRODUCTS, AS WELL AS OTHER FINANCIAL SERVICES TO THE MEMBERSHIP. THE CREDIT UNIONS FOCUS IS TO IMPROVE THE ECONOMIC WELL-BEING OF OUR MEMBERS/OWNERS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescLOANS: THE CREDIT UNION PROVIDES LOANS OF ALL TYPES IN MANY DIFFERENT CATEGORIES. THE OFFERINGS INCLUDE CONSUMER AUTOMOBILE LOANS, UNSECURED LOANS, RESIDENTIAL MORTGAGE LOANS, HOME EQUITY AND HOME IMPROVEMENT LOANS. AS PART OF THE LOAN PROGRAM THE CREDIT UNION ALSO OFFERS SEVERAL LOAN RELATED INSURANCE PRODUCTS SUCH AS CREDIT LIFE AND DISABILITY, MECHANICAL BREAKDOWN AND GAP INSURANCE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescSHARES SAVINGS AND CERTIFICATES OF DEPOSITS: THE CREDIT UNION OFFERS A NUMBER OF SHARE SAVINGS ACCOUNTS, MONEY MARKET SAVINGS AND IRA SAVINGS ACCOUNTS. THESE ACCOUNTS PAY DIVIDENDS MONTHLY. OTHER TYPES OF DEPOSIT SAVINGS OFFERINGS INCLUDES CERTIFICATES OF DEPOSIT, BOTH REGULAR MEMBER CERTIFICATES AND IRA CERTIFICATES. THE CERTIFICATES PAY INTEREST ON A MONTHLY BASIS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescCHECKING ACCOUNTS: THE CREDIT UNION OFFERS TWO CHECKING ACCOUNT PRODUCTS. ONE ACCOUNT HAS SIMPLE WAYS TO WAIVE THE MONTHLY SERVICE CHARGE, THE OTHER OFFERS DIVIDENDS TO THOSE MEMBERS WITH HIGHER BALANCES. BOTH PRODUCTS HAVE FEATURES THAT INCLUDE FREE E-SERVICES AND ACCESS TO THOUSANDS OF ATMS.Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document26644IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee344EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTRACY MONTEZPersonNm
Phone9723482391PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1777 EAST CAMPBELL ROADAddressLine1Txt
CityRICHARDSONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75081ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JOHN KEVIN DURRANCE
CEO45.00Yes (X)$504,462$0$19,166
TIFFANY CHISNALL
CHIEF OPERAT45.00Yes (X)$232,639$0$16,035
TANYA MCCORQUODALE
GENERAL COUN45.00Yes (X)$215,058$0$15,587
STEVE ERP
CHIEF LENDIN45.00Yes (X)$212,892$0$15,579
MARTIN CAPLINGER
DIRECTOR OF45.00$143,904$0$17,500Yes (X)
WENDELL RITCHIE
INFORMATION45.00$120,683$0$1,873Yes (X)
KRISTIN JONES
DIRECTOR OF45.00$138,984$0$15,833Yes (X)
CONSOLVER GEORGE
CHAIRMAN5.00$0$0$0Yes (X)
MARTINEZ ESTELLA
SECRETARY5.00$0$0$0Yes (X)
BOEDECKER THOMAS
TREASURER5.00$0$0$0Yes (X)
ARTS JURGEN
BOD5.00$0$0$0Yes (X)
SCOTT VICK
CFO45.00Yes (X)$164,296$0$15,324
LEE EDWARD FAWCETT
VICE-CHAIRMA5.00$0$0$0Yes (X)
CHARLOTTE MORRISON
CIO45.00$158,920$0$15,173Yes (X)
TRACY MONTEZ
CONTROLLER45.00$135,762$0$12,661Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,027,600TotalReportableCompFromOrgAmt
Total Other Compensation$144,731TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K18IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FISERV
PO BOX 99924GRAPEVINETX760999724DEBIT CARD PROC$1,930,271
NCR CORPORATION
14181 COLLECTIONS CENTER DRCHICAGOIL60693ATM MAINT.$1,704,784
LANERVA LTD
112 WRANGLER DR SUITE 150COPPELLTX75019STMT PROCESSING$569,345
LOOMIS
PO BOX 120001DALLASTX75312ARMORED CASH SV$299,218
LEVEL 3 COMMUNICATIONS
PO BOX 91082DENVERCO80291PHONE/INTERNET$298,164
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K22CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtBusinessBusinessCdUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST INCOME LOANS$33,828,799$33,828,799
OTHER INCOME$7,287,973$7,287,973
SERVICE CHARGES & FEES$5,547,723$5,547,723
LOAN FEES$1,812,205$1,812,205
NON MEMEBER FEES$193,273522100$193,273

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$103,917TotalRevenueColumnAmt
Unrelated Business Revenue$103,917UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$48,773,890TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,401,837TotalRevenueColumnAmt
Related Or Exempt Func Income$11,401,837RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$560SecuritiesAmt
Other$19,019OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$560SecuritiesAmt
Other$19,019OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,579TotalRevenueColumnAmt
Related Or Exempt Func Income$19,579RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$60,195,306TotalRevenueColumnAmt
Related Or Exempt Func Income$59,898,116RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$297,190UnrelatedBusinessRevenueAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$1,439,295TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,411,036TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,285,841TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$847,372TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,708,541TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$983,054TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$164,792TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$21,896TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$174,000TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$417,733TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,046,395TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,779,702TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$110,308TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PROFESSIONAL SERVICES$5,818,439
LOAN LOSS PROV (RECOVERY)$1,101,549
LOAN SERVICING EXPENSE$1,067,069
OTHER OPERATING EXP.$483,703

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$117,539TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$34,978,264TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,142,723BOYAmt
EOY$8,790,571EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$69,511,066BOYAmt
EOY$144,869,811EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$863,290,846BOYAmt
EOY$929,416,961EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$55,891,574LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$31,726,320LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$24,928,767BOYAmt
EOY$24,165,254EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$583,159,397BOYAmt
EOY$440,150,117EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,459,610BOYAmt
EOY$1,492,233EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$25,107,570BOYAmt
EOY$23,586,467EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,576,599,979BOYAmt
EOY$1,572,471,414EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$17,253,904BOYAmt
EOY$14,459,724EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,479,122,766BOYAmt
EOY$1,455,914,386EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,496,376,670BOYAmt
EOY$1,470,374,110EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$80,223,309BOYAmt
EOY$102,097,304EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$80,223,309BOYAmt
EOY$102,097,304EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,576,599,979BOYAmt
EOY$1,572,471,414EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$25,217,042ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$3,343,047OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,345,992OtherCostOrOtherBasisAmt
Book Value$6,345,992BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$23,980,922OtherCostOrOtherBasisAmt
Depreciation$7,920,462DepreciationAmt
Book Value$16,060,460BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,648,063OtherCostOrOtherBasisAmt
Depreciation$3,607,267DepreciationAmt
Book Value$40,796BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,916,597OtherCostOrOtherBasisAmt
Depreciation$20,198,591DepreciationAmt
Book Value$1,718,006BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$24,165,254TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARESDesc
Amt$1,455,914,386Amt
FieldValueIRS element (for citing)
Total Liability$1,455,914,386TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
JOHN KEVIN DURRANCE
CEO$425,652$75,000$3,810$11,000$8,166$523,628
TIFFANY CHISNALL
CHIEF OPERATIONS OFF$198,360$34,279$7,896$8,139$248,674
TANYA MCCORQUODALE
GENERAL COUNSEL$190,386$24,672$7,478$8,109$230,645
STEVE ERP
CHIEF LENDING OFFICE$187,190$25,702$7,477$8,102$228,471
MARTIN CAPLINGER
DIRECTOR OF REAL EST$132,159$11,745$5,720$11,780$161,404
KRISTIN JONES
DIRECTOR OF ERM$127,348$11,636$5,360$10,473$154,817
SCOTT VICK
CFO$161,796$2,500$6,329$8,995$179,620
CHARLOTTE MORRISON
CIO$153,420$5,500$5,933$9,240$174,093

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTEXANS CREDIT UNION IS A STATE CHARTERED CREDIT UNION FORMED UNDER THE STATE CREDIT UNION LAW AND THE CREDIT UNION IS MEMBER-OWNED COOPERATIVE THAT PROVIDES TRADITIONAL DEPOSIT AND LOAN PRODUCTS, AS WELL AS OTHER FINANCIAL SERVICES TO THE MEMBERSHIP. THE CREDIT UNIONS FOCUS IS TO IMPROVE THE ECONOMIC WELL-BEING OF OUR MEMBERS/OWNERS.
FORM 990ITEM 1, -EMPLOYEES ARE ELGIBILE FOR DISCOUNTS ON AUTO LOANS. THE DISCOUNT IS .5% BELOW THE APR.
FORM 990, PAGE 6, PART VI, LINE 6YES, THE CREDIT UNION HAS MEMBERS WHICH CAN JOIN THE CREDIT UNION IF THEY MEET THE "FIELD OF MEMBERSHIP" REQUIREMENTS, AND CHOOSE TO JOIN.
FORM 990, PAGE 6, PART VI, LINE 7AMEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO ELECT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHETHER PERIODICALLY, AS VACANCIES ARISE, OR OTHERWISE.
FORM 990, PAGE 6, PART VI, LINE 7BMEMBERS 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, PAGE 6, PART VI, LINE 11BTHE COMPLETED FORM WILL BE REVIEWED BY THE TCU CEO.
FORM 990, PAGE 6, PART VI, LINE 12CTHE EMPLOYEES OF THE ORGANIZATION ARE REQUIRED TO REVIEW AND ACKNOWLEDGE THE REVIEW OF THE POLICIES WHEN HIRED INTO THE ORGANIZATION AND ANNUALLY. COMMUNICATIONS ARE SENT TO EMPLOYEES NOTIFYING THEM OF ANY CHANGES TO THE POLICY. THE CREDIT UNION ALSO PROVIDES AN ANONYMOUS ELECTRONIC REPORTING SYSTEM WHICH IS MAINTAINED THROUGH HR AND INTERNAL AUDIT.
FORM 990, PAGE 6, PART VI, LINE 15ATHE DIRECTOR OF HR PROVIDES COMPARATIVE DATA TO THE COMPENSATION COMMITTEE ON AN ANNUAL BASIS. THE COMP COMMITTEE WHICH IS MADE UP OF 2 MEMBERS OF THE BOARD OF DIRECTORS PREVIEWS THIS INFORMATION ANNUALLY AND DELIBERATES TO MAKE DETERMINATIONS REGARDING THE PERFORMANCE REVIEW PROCESS AND ANNUAL COMPENSATION CHANGES OF THE CEO. THEY ALSO, WHEN APPLICABLE, WILL PROVIDE OVERSIGHT AND APPROVAL OF ANY CREDIT UNION OFFICER'S BONUS PLAN.
FORM 990, PAGE 6, PART VI, LINE 15BTHE DIRECTOR OF HR PROVIDES COMPARATIVE DATA TO THE COMPENSATION COMMITTEE ON AN ANNUAL BASIS. THE COMP COMMITTEE WHICH IS MADE UP OF 2 MEMBERS OF THE BOARD OF DIRECTORS PREVIEWS THIS INFORMATION ANNUALLY AND DELIBERATES TO MAKE DETERMINATIONS REGARDING THE PERFORMANCE REVIEW PROCESS AND ANNUAL COMPENSATION CHANGES OFFICERS AND KEY EMPLOYEES. THEY ALSO, WHEN APPLICABLE, WILL PROVIDE OVERSIGHT AND APPROVAL OF ANY CREDIT UNION OFFICER'S BONUS PLAN.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS THAT ARE REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC ARE PROVIDED USING DIFFERENT METHODS. SOME ARE PROVIDED THROUGH POSTING OF SIGNS IN PUBLIC LOCATIONS SUCH AS THE LOBBIES OF BRANCH OFFICES. OTHER GOVERNING DOCUMENTS/NOTICES THAT REQUIRE ANNUAL MAILINGS ARE PROVIDED TO THE MEMBERSHIP AS REQUIRED BY MAIL. THE WEBSITE IS ALSO USED TO PROVIDE CERTAIN REQUIRED DOCUMENTS. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9CHANGE IN OTHER COMPREHENSIVE INCOME 308,621 CHANGE IN VALUE AFS SECURITY -3,651,668 TOTAL -3,343,047

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtBusiness Name Line2DirectControllingEntityName/BusinessNameLine2Txt
CREDIT UNION LIQUIDITY SERVICES
777 E CAMPBELL RD SUITE 650RICHARDSONTX75081201118819COMM LOANSTX$13,637$12,744,314TEXANS CU
TF-GSR LLC
777 E CAMPBELL RD SUITE 650RICHARDSONTX75081264678354PROP MGMTTX$146,347CULSCREDIT UNION LIQUIDITY SERVICES
TF-LINCOLN MALL LLC
777 E CAMPBELL RD SUITE 650RICHARDSONTX75081274356028PROP MGMTIL$332,394CULSCREDIT UNION LIQUIDITY SERVICES

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1TEXANS CUSO PARTNERSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1777 E CAMPBELL RD SUITE 600AddressLine1Txt
CityRICHARDSONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP75081ZIPCd
FieldValueIRS element (for citing)
EIN020792757EIN
Primary ActivitiesINVESTMENTPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TEXANS CUBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CORPEntityTypeTxt
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE RFormAndLineReferenceDesc
ExplanationCULS LISTED UNDER DIRECT CONTROLLING ENTITY (PART 1, (F)) REFERS TO CREDIT UNION LIQUIDITY SERVICES EIN 20-1118819ExplanationTxt

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