2019-05-13T14:56:27-07:00 2018-12-31 990 2018-01-01 746056100 SCOTT AND WHITE EMPLOYEES CREDIT UNION SCOT 2547783199 PO Box 246 Temple TX 76503 Celeste Kaylor CEO 2547783199 2019-05-06 108.178.81.90 2018 2019-02-21 02:37:17Z Scott & White Employees Credit Union PO Box 246 2401 South 31st Street Temple TX 76503 2000626 0 X www.swecu.org X 1962 TX Voluntary cooperative, non-profit savings institution incorporated under the provision of the Texas Credit Union Act, for the purpose of encouraging thrift among their members, providing credit at a fair & reasonable rate of interest & providing an opportunity to improve their economic position. 7 7 13 7 0 0 0 0 1443068 1496497 397781 504129 0 0 1840849 2000626 0 0 0 0 651477 539963 0 0 0 837706 794164 1489183 1334127 351666 666499 46629685 47826067 -396146 -487986 47025831 48314053 Voluntary cooperative, non-profit savings institution incorporated under the provision of the Texas Credit Union Act, for the purpose of encouraging thrift among their members, providing credit at a fair & reasonable rate of interest & providing an opportunity to improve their economic position. 0 0 36020 0 880969 Loan servicing expense 0 0 0 36020 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 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 1 0 0 0 13 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 TX X Sherry Woodard 2547783199 PO Box 246 Temple TX 76503 Jean Thorp Chairman of the Board 1 0 X 0 0 0 Dr Robert Kuhnhein Vice Chairman of the Board of Directors 1 0 X 0 0 0 Ray Baker Treasurer of the Board of Directors 1 0 X 0 0 0 Lyn Dukatnik Secretary of the Board of Directors 1 0 X 0 0 0 Linda Brook Member of the Board of Directors 1 0 X 0 0 0 Lynda Allmer Member of the Board of Directors 1 0 X 0 0 0 Roy Wohleb Member of the Board of Directors 1 0 X 0 0 0 Candace Celeste Kaylor President/CEO 40 0 X X X 94761 0 0 94761 0 0 0 0 0 0 Fiserv P O Box 99924 Grapvine TX 760999724 Data Processing 375446 Humana Health Plan TX P O Box3226 Milwaukee WI 532013226 Employee Health Coverage 106853 2 0 0 Loan Servicing 522130 880969 880969 0 0 Service Fees 522130 615528 615528 0 0 0 0 0 0 1496497 504129 504129 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2000626 2000626 0 0 0 0 0 0 94761 0 362837 -22733 68343 36755 0 737 61435 0 0 12600 21399 17425 161360 229495 0 24611 1495 0 6200 24379 0 65970 111913 55145 1334127 0 0 0 622687 534312 22055838 19895231 0 0 11829 24154 13813 0 0 0 16458987 19632015 0 0 66595 42894 1592267 1178464 382967 413803 0 0 0 0 0 0 0 0 7016969 7283658 46629685 47826067 5238 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -401384 -487986 -396146 -487986 X 43954772 44571589 0 0 3071059 3742464 47025831 48314053 46629685 47826067 X 666499 -144464 0 12600 0 753587 X 1 X 0 1 0 0 0 0 0 654290 442254 212036 0 0 0 0 0 937977 736210 201767 0 0 0 0 413803 Overnight Investments 5665422 Accrued Income 83640 NCUSIF Deposit 426852 Net Pension Assets 1083724 Operations Conversion Deposit 24020 7283658 0 Dividend Payable 384 Accrued Liabilities 163272 Suspenses Accounts 2861 Unrealized Gain/Loss Pensions -510039 Unrealized Gain/Loss Investments -144464 -487986 Gary Janacek Retired CEO Used car X 15873 10659 0 1 1 Jean Thorp Chairman-Board of Directors Used Auto X 23056 17125 0 1 1 Linda Brook Director-Board of Directors Used car X 20960 19366 0 1 1 Linda Brook Director-Board of Directors Signature X 4290 3994 0 1 1 Ray Baker Treasurer-Board of Directors Signature X 49000 38199 0 1 1 Ray Baker Treasurer-Board of Directors Share/CD Secured X 13514 10042 0 1 1 Roy Wohleb Jr Director-Board of Directors Used Auto X 16030 12868 0 1 1 Roy Wohleb Jr Director-Board of Directors Signature X 8162 4908 0 1 1 Candace Celeste Kaylor President/CEO Used auto X 44210 26914 0 1 1 Candace Celeste Kaylor President/CEO Used auto X 35548 28363 0 1 1 172438 Form 990, Part VI, Section A, Line 6 We are a Texas credit union, so our owners are our members. Form 990, Part VI, Section A, Line 7a Annually in March, according to our bylaws, our members meet and appoint the board of directors. Form 990, Part VI, Section B, Line 11b The Form 990 will be reviewed by the President/CEO and taken before the board of directors at the next meeting which will be held May 28, 2019. Form 990, Part VI, Section B, Line 12c All contracts are monitored under duel control and all new contracts are approved by the board of directors at monthly meetings. Form 990, Part VI, Section C, Line 19 The credit union post its financial statements monthly in the lobby of our building and on our website. All other documents must be requested from the President/CEO. Form 990, Part XI, Line 9 Loan Volume Increase of $3,303,678 Expense Decrease of $192,495 Increase in Income of $319,737 Increase in technology upgrades and improvements $101,743