2019-08-27T13:44:29-05:00 2018-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2018-01-01 350884006 VIA Credit Union % LORI FIENE VIAC 7656746631 4505 S ADAMS ST MARION IN 46953 LORI FIENE CFO 7656746631 2019-11-15 true MICHAEL J SUMMERS P00838533 3173834000 2019-11-15 167.68.126.162 43033020192395000009 2019-08-27 P E5176304B9EB241B932E2F7C50FBF73E5E553274 E43C2FEF5D838BC286DC3B96AF984EDC8464B4B8 2018 2019-02-21 02:37:17Z DAVID ABERNATHY 4505 S ADAMS ST MARION IN 46953 15182659 false X WWW.VIACU.ORG X 1936 IN TO SERVE THE FINANCIALLY-RELATED NEEDS OF OUR DIVERSE MEMBERSHIP WHILE MAINTAING A SOUND, MEMBER-OWNED ASSOCIATION. 10 9 114 12 407217 122671 0 0 11866725 13396545 1615940 1768996 110141 0 13592806 15165541 6000 5000 0 0 4971414 5303708 0 0 0 6103618 7365398 11081032 12674106 2511774 2491435 341489143 360759938 297030568 313809928 44458575 46950010 X TO SERVE THE FINANCIALLY-RELATED NEEDS OF OUR DIVERSE MEMBERSHIP WHILE MAINTAINING A SOUND, MEMBER-OWNED ASSOCIATION. THE CREDIT UNION RETURNS THE PROFITS TO ITS MEMBERS IN THE FORM OF LOWER LOAN RATES, HIGHER SAVINGS RATES, AND FREE OR LOW COST (CONTINUED ON SCHEDULE O) false false VIA CREDIT UNION OFFERS SEVERAL DIFFERENT SAVINGS ACCOUNTS. MEMBERSHIP SHARES ARE REQUIRED FOR MEMBERSHIP; SECONDARY SHARES CAN BE NAMED DIFFERENTLY FOR BUDGETING PURPOSES AND CHRISTMAS CLUB ACCOUNTS. VIA CREDIT UNION ALSO OFFERS MONEY MARKET AND PREMIER MONEY MARKET SHARE ACCOUNTS AND SEVERAL DIFFERENT TERMS OF SHARE CERTIFICATES. VIA CREDIT UNION OFFERS FREE CHECKING, REQUIRES NO MINIMUM BALANCE AND OFFERS UNLIMITED CHECK WRITING. MEMBERS ARE ABLE TO MANAGE THE CHECKING ACCOUNT THROUGH "VIA CONNECT," OUR INTERNET BANKING, VIA MOBILE OR VIAVOICE, OUR AUTOMATED TELEPHONE SERVICE."VIA BILL PAY" ALLOWS YOU TO PAY YOUR BILLS ONLINE FOR FREE. THE CREDIT UNION OFFERS NEW AND USED AUTO LOANS, HOME EQUITY LOANS, UNSECURED LOANS, MORTGAGES, BUSINESS AND CREDIT CARD LOANS AT COMPETITIVE LOAN RATES, FLEXIBLE TERMS AND AUTOMATIC PAYMENT OPTIONS. THE CREDIT UNION'S WHOLLY OWNED SUBSIDIARY, VIA FINANCIAL GROUP, SELLS NONDEPOSIT INVESTMENT AND INSURANCE PRODUCTS TO CREDIT UNION MEMBERS AND OTHERS FROM ITS MARION, INDIANA OFFICE. false false true false false false false true false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false true false false false true 8428 0 true 114 true true true false false false false false false false X 10 9 false false false false true true true true true false true true true true true true true true true true false IN X LORI FIENE 7656746631 4505 SOUTH ADAMS ST MARION IN 46953 JOHN LIGHTLE BOARD CHAIRMAN 1.0 0.0 X X 0 0 0 CLYDE THORNELL VICE CHAIRMAN 1.0 0.0 X X 0 0 0 DAVID ABERNATHY CEO/TREASURER OF THE BOARD 46.0 0.0 X X 182168 0 26376 FRANCES PACK SECRETARY OF THE BOARD 1.0 0.0 X X 0 0 0 VERLIS SLUSHER BOARD MEMBER 1.0 0.0 X 0 0 0 ROGER ROTH BOARD MEMBER 1.0 0.0 X 0 0 0 GREG MAURER BOARD MEMBER 1.0 0.0 X 0 0 0 JACK SHAFFNER BOARD MEMBER 1.0 0.0 X 0 0 0 TIMOTHY MITCHENER BOARD MEMBER 1.0 0.0 X 0 0 0 DELEANE SOLOMAN BOARD MEMBER 1.0 0.0 X 0 0 0 CINDY KOHLMORGEN EXECUTIVE VP 45.0 0.0 X 108070 0 29169 LORI FIENE CFO 45.0 0.0 X 95649 0 26276 385887 0 81821 2 false true false EQUIFAX INFORMATION SERVICES PO BOX 71221 CHARLOTTE NC 28272 CREDIT REPORTS 108966 SYMPLEXITY 8181 W JEFFERSON BLVD FORT WAYNE IN 46804 COMPUTER HARDWARE 120725 JG BOWERS INC 1629 S JOQUIN DR MARION IN 46952 CONSTRUCTION WORK 273733 JACK HENRY ASSOCIATES INC PO BOX 609 MONETT MO 65708 COMPUTER SERVICE 542794 4 0 INTEREST ON LOANS 522100 9215456 9215456 SERVICE CHARGES AND FEES 522100 1942964 1869038 73926 INTERCHANGE INCOME 522100 1347950 1347950 INSURANCE AND INVESTMENT PRODUCTS INCOME 524298 514206 180915 333291 OTHER REVENUE 522100 375969 375969 13396545 1786114 1786114 0 0 0 0 0 0 17118 -17118 -17118 -17118 0 0 0 0 0 0 0 0 0 0 15165541 12989328 407217 1768996 0 5000 0 0 467708 0 3497610 316172 719935 302283 0 8875 45860 0 0 33134 140706 230747 810141 484595 0 574096 39181 0 121392 2161724 24649 541062 19536 PROVISION FOR LOAN LOSSES 525720 NETWORK FEES 625602 LOAN SERVCING & COLLECTION 465435 TAX EXPENSE ON UBI 23000 489943 12674106 3249193 3417350 18918031 17947762 0 0 0 0 0 0 0 0 234545318 263513456 0 0 693335 1266058 13472182 8431963 5645891 5040219 73989768 64292162 0 0 0 0 334513 305721 4113094 4977210 341489143 360759938 3420758 2583427 0 0 0 0 0 0 0 0 0 0 0 0 0 0 293609810 311226501 297030568 313809928 X 0 0 0 0 44458575 46950010 44458575 46950010 341489143 360759938 2491435 X false true X true false 5000 SCHEDULE C, PART 1-A, LINE 1 DESCRIPTION OF POLITICAL ACTIVITIES: THE CREDIT UNION DONATED MONEY TO ICUPAC WHOSE PURPOSE IS TO RAISE FUNDS AND MAKE CONTRIBUTIONS TO LEGISLATORS, WITHOUT REGARD TO PARTY AFFILIATION, WHO HAVE DEMONSTRATED SUPPORT FOR THE LEGISLATIVE POSITIONS TAKEN BY CREDIT UNIONS REPRESENTED BY THE INDIANA CREDIT UNION LEAGUE. false false 0 1067761 1067761 0 7221582 4098076 3123506 0 4933295 4333887 599408 0 249544 0 249544 5040219 0 MEMBERS' DEPOSITS 311226501 311226501 SCHEDULE D, PART X FIN 48 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X X false false false DAVID ABERNATHY CEO/TREASURER OF THE BOARD 182168 0 0 0 0 0 16637 0 9739 0 208544 0 FORM 990, PART III, LINE 1 ORGANIZATION MISSION: SERVICES TO PEOPLE WHO ARE UNABLE TO OBTAIN THEM ELSEWHERE OR AS A VALUABLE ALTERNATIVE TO THE TRADITIONAL FOR-PROFIT BANKING SYSTEM. THE CREDIT UNION RECEIVES DEPOSIT FROM AND MAKES LOANS TO ITS MEMBERS PRIMARILY LOCATED IN THE INDIANA COUNTIES OF BLACKFORD, GRANT, DELAWARE, MADISON, AND MIAMI. THE MAJORITY OF ITS LOANS ARE COLLATERALIZED BY SPECIFIC ITEMS, INCLUDING CONSUMER ASSETS, RESIDENTIAL REAL ESTATE, AND MEMBER SHARE BALANCES. FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS: ALL ACCOUNT HOLDERS ARE MEMBERS(DEPOSITORS). ANYONE LIVING OR WORKING IN GRANT, BLACKFORD, MADISON, MIAMI, WELLS, TIPTON, HOWARD, WABASH, DELAWARE, HUNINGTON, KOSCIUSKO OR HAMILTON COUNTY INDIANA CAN JOIN VIA CREDIT UNION. FAMILY MEMBERS OF CURRENT MEMBERS AND ANYONE LIVING IN THE SAME HOUSEHOLD WITH A MEMBER ARE ELIGIBLE FOR MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY: VIA CREDIT UNION IS A MEMBER-OWNED CREDIT UNION WHERE EACH MEMBER HAS A VOTE. THE MEMBERS ELECT THE GOVERNING BODY OF THE ORGANIZATION EACH YEAR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS RESERVED FOR MEMBERS: THE MEMBERS MUST APPROVE ANY CHANGES TO THE ARTICLES OF INCORPORATION OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: UPON COMPLETION OF THE FORM 990, THE RETURN IS REVIEWED IN DETAIL BY MANAGEMENT. IN ADDITION EACH MEMBER OF THE GOVERNING BODY RECEIVES A COPY OF THE FINAL FORM 990 BEFORE IT IS FILED WITH THE IRS. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT FIRM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: EACH OFFICER, KEY EMPLOYEE, AND BOARD MEMBER SIGNS A CONFLICT OF INTEREST POLICY ANNUALLY. THE CEO RECEIVES AND REVIEWS ALL CONFLICT OF INTEREST FORMS. THE CEO'S CONFLICT OF INTEREST FORM IS REVIEWED BY THE BOARD PRESIDENT. IF IT IS DETERMINED A CONFLICT OF INTEREST EXISTS, RESTRICTIONS ARE IMPOSED ON PERSONS WITH A CONFLICT. FOR EXAMPLE IF ANY BOARD MEMBER DISCLOSES A CONFLICT, THAT PERSON WOULD BE EXCUSED FROM ANY DELIBERATIONS AND DECISIONS MADE. FORM 990, PART VI, SECTION B, LINE 15A & 15B PROCESS FOR DETERMINING COMPENSATION FOR THE CEO AND OTHER OFFICERS: THE PERSONNEL COMMITTEE, COMPRISED OF BOARD MEMBERS, DETERMINES THE COMPENSATION FOR THE CEO, HUMAN RESOURCES RECEIVES A SURVEY FROM AN INDEPENDENT CONSULTANT AND THIS SURVEY IS USED TO DETERMINE COMPENSATION. ALL OTHER POSITIONS WERE REVIEWED USING THE SAME PROCESS. DELIBERATION AND RECORD OF THE DISCUSSION IS IN THE COMMITTEE MINUTES AND THE PROCESS WAS LAST UNDERTAKEN IN 2018. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: THE FINANCIAL STATEMENTS ARE POSTED EACH MONTH IN THE LOBBY OF EACH BRANCH. IN ADDITION, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. STATEMENTS ARE AVAILABLE UPON REQUEST. VIA FINANCIAL GROUP LLC 4505 S ADAMS STREET MARION IN 46953 351722168 INV/INS SALES IN 333291 117435 VIA CU