2018-10-23T14:56:53-05:00 2017-12-31 382492570 DOEREN MAYHEW 12060 S W 129TH COURT STE 201 MIAMI FL 331864582 990 2017-01-01 381480245 BLUEOX CREDIT UNION BLUE 8006488035 115 RIVERSIDE DR BATTLE CREEK MI 49015 DOUGLAS J ORTH PRESIDENT/CEO 2699657281 2018-10-23 1 DOUGLAS J ORTH P01076394 3052328272 64.95.240.2 2018-10-23 10:14:47 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A7DB26C3BB201601930FCFA0C4651552B54C26A2 2017 2018-06-14 16:35:46Z FRAN GODFREY 115 RIVERSIDE DR BATTLE CREEK MI 49015 10881459 0 1359 X WWW.UNITEDECU.COM X 1936 MI BLUEOX CREDIT UNION'S MISSION IS TO PROVIDE QUALITY FINANCIAL SERVICES THAT WILL IMPROVE AND MAKE A DIFFERENCE IN THE LIVES OF OUR MEMBERS. 11 11 58 11 10966 -248 0 0 4582636 5532818 956240 974376 0 0 5538876 6507194 0 0 0 0 2090546 2688190 0 0 0 2850208 3334960 4940754 6023150 598122 484044 143005495 141418411 129631992 127685946 13373503 13732465 X BLUEOX CREDIT UNION WAS FOUNDED UPON THE SEVEN COOPERATIVE PRINCIPLES BASED IN THE PHILOSOPHY OF COOPERATION AND THE CENTRAL VALUES OF EQUALITY, EQUITY AND MUTUAL SELF-HELP. BLUEOX CREDIT UNION'S MISSION STATEMENT ILLUSTRATES THE BROTHERHOOD OF MAN THROUGH PEOPLE WORKING TOGETHER TO ACHIEVE A BETTER LIFE FOR THEMSELVES AND THEIR COMMUNITY. 0 0 INCOME FROM CREDIT UNION'S MEMBERSHIP AND FROM INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 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 0 0 1 3145 0 1 58 1 1 1 0 0 0 0 0 X 11 11 0 0 1 0 1 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 X FRAN GODFREY 2699657281 115 RIVERSIDE DR BATTLE CREEK MI 49015 D HICKS DIRECTOR 1.00 X 0 0 0 D DITTMER DIRECTOR/TREASURER 1.00 X 0 0 0 B HODGSON DIRECTOR 1.00 X 0 0 0 R HARVEY DIRECTOR 1.00 X 0 0 0 A MUMFORD DIRECTOR/VICE CHAIRMAN 1.00 X 0 0 0 D VOSHELL DIRECTOR 1.00 X 0 0 0 J STANTON DIRECTOR/CHAIRMAN 1.00 X 0 0 0 J RATTI DIRECTOR/SECRETARY 1.00 X 0 0 0 M WALLACE DIRECTOR 1.00 X 0 0 0 M DUTCHER DIRECTOR 1.00 X 0 0 0 R KILGORE-MCNEAL DIRECTOR 1.00 X 0 0 0 F GODFREY PRESIDENT/CEO 60.00 X 175086 0 34641 J JOHNSON VICE PRESIDENT 50.00 X 100550 0 28575 S COBB VICE PRESIDENT/CFO 50.00 X 109255 0 35634 384891 0 98850 3 0 1 0 CUANSWERS 6000 28TH STREET SUITE 100 GRAND RAPIDS MI 49546 CORE PROCESSOR 496921 CU COOPERATIVE SYSTEMS 9692 HAVEN AVENUE RANCHO CUCAMONGA CA 91730 ATM/DEBIT SERVICES 260978 SCHWEITZER INC 9807 BELLEVUE RD BATTLE CREEK MI 49014 CONSTRUCTION-REMODEL 196658 3 INCOME ON LOANS 522100 3399965 3399965 FEES/CHARGES/OTHER INCOME 522100 2121887 2121887 UNRELATED BUSINESS INCOME 900099 10966 10966 5532818 952139 952139 4396502 4374265 22237 22237 22237 6507194 5544089 10966 952139 X 483741 1364282 101660 574432 164075 21395 51502 38769 148042 271726 384120 343119 123124 22907 79373 444634 18397 154029 35626 ATM/BANK SERVICE CHARGE 679294 PROVISION FOR LOAN LOSS 245112 REPAIRS MAINTENANCE 132225 LOAN SERVICING 125925 15641 6023150 2134132 2524933 19150820 17045706 39340 63529 63356554 71316462 108170 102284 5972479 3085544 2672810 2886935 32750407 28227325 19094300 14386640 295524 253306 3403438 4611291 143005495 141418411 1510407 1065257 128121585 126620689 129631992 127685946 X 0 0 0 0 13373503 13732465 13373503 13732465 143005495 141418411 484044 -125082 0 X X 0 1 X 1 0 490884 490884 3370337 1331901 2038436 2111258 1753643 357615 2886935 FHLB STOCK 442100 C LONG TERM CDS 12863000 C CENTRAL CORPORATE CU PPC 536600 C INVESTMENT IN CUSOS 294900 C CORPORATE NOTE 250040 C 14386640 SHARE DRAFTS 19246724 SHARES 46395110 MONEY MARKET 37686314 IRA SHARES 2946614 CERTIFICATES 20345927 126620689 X 6507194 0 6507194 0 6507194 6023150 0 6023150 0 6023150 PART X, LINE 2: THE CREDIT UNION IS EXEMPT, BY STATUTE (INTERNAL REVENUE CODE SECTION 501(C)(1)(14), FROM FEDERAL INCOME TAX. X 1 1 X X X 0 0 0 F GODFREY PRESIDENT/CEO 143645 0 4250 0 27191 0 12578 0 22063 0 209727 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 MANAGEMENT AND THE BOARD OF DIRECTORS REVISED THE CREDIT UNION'S BY-LAWS AS A RESULT OF CHANGES MADE TO THE MICHIGAN CREDIT UNION ACT. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS 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, PART VI, SECTION B, LINE 11B UPON RECEIPT OF THE COMPLETED FORM 990, MANAGEMENT REVIEWS THE DOCUMENT FOR ACCURACY AND REASONABLENESS. ONCE THIS REVIEW IS COMPLETED, THE GOVERNING BODY IS INFOMED THAT THE FORM HAS BEEN FILED WITH THE IRS AND A COPY IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C A LIST OF RELATED PARTIES IS COMPILED. EMPLOYEES WHO ARE AUTHORIZED TO TRANSACT WHERE A CONFLICT MIGHT OCCUR ARE RESTRICTED. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE NCUA'S WEBSITE VIA THE 5300 CALL REPORT FILING. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL/OUTSIDE FEES 148,042. FORM 990, PART XII, LINE 2C WITH THE CHANGE IN THE MICHIGAN CREDIT UNION ACT, WE WERE ABLE TO ELIMINATE THE EXTERNAL SUPERVISORY COMMITTEE. THE SUPERVISORY COMMITTEE IS NOW COMPRISED OF MEMBERS OF BLUEOX CREDIT UNION'S BOARD OF DIRECTORS.