2016-10-31T06:11:30-07:00 2015-12-31 ROBERT ANDERSON & COMPANY PC 138 DODGE ST BEVERLY MA 019151866 990 2015-01-01 020223137 TRIANGLE CREDIT UNION TRIA 6038892470 33 FRANKLIN STREET NASHUA NH 03064 A SCOTT MACKNIGHT VP of Finance 2016-10-31 true Robert Anderson P01462745 9782329300 2015 2017-02-10 21:41:12Z 25986417 false false X WWW.TRIANGLECU.ORG X 1939 NH CREDIT UNION 9 8 210 8 114846 -53144 0 17082028 18191465 659952 760911 4860121 5088262 22602101 24040638 0 0 9252770 9826699 0 0 11433394 11968509 20686164 21795208 1915937 2245430 523493840 572986900 482351532 530812721 41142308 42174179 CREDIT UNION false false 3116139 MAINTENENCE OF MEMBER DEPOSIT ACCOUNTS - TOTAL ACCOUNTS 90,483. 18191465 MAKING LOANS TO MEMEBERS AT MARKET RATES OF INTEREST. NUMBER OF LOANS - 18,820. 3116139 false false false false false false false false true false true false false false true false true true false false false false false false false false false false false true false false false false false false true false false false false false false false false false true true true false false true 11675 0 true 210 true true true false false false false false false false false false false X 9 8 false false false false true true false true true false true true false true true true true true true true false X SCOTT MAC KNIGHT 6038892470 33 FRANKLIN STREET NASHUA NH 03064 NORMAN HOLDER Chairman 1.00 0.00 X X 0 0 0 MAURICE D SIMARD JR Treasurer 40.00 0.00 X X 429397 0 62417 REBECCA S MACLENNAN Secretary 1.00 0.00 X X 0 0 0 MARK RICHARDSON 1ST VP 1.00 0.00 X X 0 0 0 MARGO COMPAGNA 2nd VP 1.00 0.00 X X 0 0 0 DAVID C DEGULIS Director 1.00 0.00 X 0 0 0 JULES BRAYMAN Director 1.00 0.00 X 0 0 0 ROBERT DUHAIME Director 1.00 0.00 X 0 0 0 DAVID FREDETTE Director 1.00 0.00 X 0 0 0 MARK WARNER EXECUTIVE VP 40.00 0.00 X 238120 0 58848 RICHARD LAVOIE VP OF MARKETING 40.00 0.00 X 109308 0 7591 CLAYTON RUSH JR VP OF HR 40.00 0.00 X 118238 0 58553 PAMELA FORD VP OF LENDING 40.00 0.00 X 118787 0 30596 GARY M JANINDA VP OF IS 40.00 0.00 X 117351 0 40659 JOHN ZIEMBA SVP COMMER LENDING 40.00 0.00 X 107546 0 14431 1238747 273095 7 false true false HARVARD PILGRIM HEALTH CARE PO BOX 970050 BOSTON MA 02297 HEALTH INSURANCE 830892 FISERV PO BOX 99924 GRAPEVINE TX 760999724 CORE OPERTING SYSTEM 320017 DIGITAL INSIGHT PO BOX 515306 LOS ANGELES CA 90051 INFORMATION TECHNOL 776227 HEALTH PLANS INC PO BOX 5199 WESTBOROUGH MA 01581 HEALTH INSURANACE 409549 LEE & MASON FINANCIAL SERVICES INC PO BOX 270 NORTHVILLE NY 12134 INSURANCE 299655 5 0 INTEREST INCOME ON LOANS 522291 18191465 18191465 18191465 793354 793354 0 0 0 1476566 436770 1462452 483327 14114 -46557 -32443 -32443 0 0 0 FAS91 NET ORIGINATION FEE 900099 359629 359629 MEMBER FEES AND CHARGES 900099 3848909 3848909 OTHER INCOME 900099 663643 663643 216081 101235 114846 5088262 24040638 23925792 114846 0 0 0 0 1511842 1511842 0 6585598 6585598 0 1158258 1158258 571001 571001 0 15997 15997 119708 119708 0 0 0 0 176372 176372 1365371 1365371 1283464 1283464 0 1013202 1013202 0 0 162682 162682 4487719 3116139 1371580 0 944412 944412 106007 106007 PROVISION FOR LOSSES 961100 961100 LOAN SERVICING 286252 286252 FURNITURE & EQUIP MAINTEN 211450 211450 OTHER PROFESSIONAL SVCS 207524 207524 627249 627249 21795208 3116139 18679069 0 5482496 7726136 16911681 13666845 0 0 1578185 1466799 0 415200861 492323647 0 1780872 1030699 20612710 11451524 9496636 9161186 55967914 29767876 0 0 0 17075195 17843712 523493840 572986900 477978 582035 112963 147437 47784000 65566297 433976591 464516952 482351532 530812721 X 41142308 42174179 41142308 42174179 523493840 572986900 X 2245430 -1213559 X false true X true false false true X 1929202 1929202 6714485 1835047 4879438 1778789 1191913 586876 63047 51253 11794 10127187 8373311 1753876 9161186 DEFERRED INCOME 1876687 OTHER LIABILITIES 33914 SHARES AND DEPOSITS 460349977 TREASURY DRAFT DUE 2256374 464516952 24040638 24040638 24040638 21795208 21795208 21795208 Part IV, Line 2b: Explanation of escrow account liability MORTGAGE ESCROW ACCOUNTS HELD FOR THE PAYMENT OF REAL ESTATE TAXES FOR MUNICIPALITIES. X true true X X X false false false CLAYTON RUSH JR VP OF HR 108575 9663 44751 13802 176791 GARY M JANINDA VP OF IS 107760 9591 22227 18432 158010 MARK WARNER EXECUTIVE VP 218659 19461 38799 20049 296968 MAURICE D SIMARD JR Treasurer 356043 42369 30985 48031 14386 491814 Part I, Line 1a: Relevant information in regards to selections on 1a. MAURICE SIMARD JR DIRECTOR LOAN X 450000 119118 false true true MARK WARNER OFFICER LOAN X 36206 24734 false true true MARK WARNER OFFICER LOAN X 153830 181349 false true true MARK WARNER OFFICER LOAN X 137750 45103 false true true MAURICE SIMARD JR DIRECTOR LOAN X 18000 13363 false true true MARK WARNER OFFICER LOAN X 330000 268916 false true true NORMAN HOLDER OFFICER LOAN X 9330 3603 false true true NORMAN HOLDER DIRECTOR LOAN X 500 false true true DANIELSON REALTY TRUST DIRECTOR LOAN X 498000 417997 false true true DAVID FREDETTE DIRECTOR LOAN X 36865 19937 false true true REBECCA MACLENNAN DIRECTOR LOAN X 76032 66621 false true true ROBERT DUHAIME DIRECTOR LOAN X 40077 55886 false true true ROBERT DUHAIME DIRECTOR LOAN X 235000 230561 false true true MARK WARNER OFFICER LOAN X 20030 19611 false true true 1466799 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Persons who meet the requirements of the organization's field of membership who hold at least one share of the capital. Form 990, Part VI, Line 11b: Form 990 Review Process NO, DUE TO THE TIMING OF THE BOARD MEETING WE WILL NOT BE ABLE TO PRESENT IT TO THEM FOR REVIEW. IT WILL BE PRESENT AT THE NEXT BOARD MEETING.THE 990 IS PRESENTED BY THE TREASURER/PRESIDENT TO THE BOARD OF DIRECTORS. EACH LINE ITEM IS DISCUSSED. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts REVIEWED ANNUALLY. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE PERSONNEL COMMITTEE, WHICH IS MADE UP OF OF SELECTED BOARD MEMBERS MEET IN THE FOURTH QUARTER OF EVERY YEAR TO REVIEW DATA PRESENTED BY THE VP OF HUMAN RESOURCES. THE DATA REVIEWED IS OBTAINED BY A THIRD PARTY WHO ANALYZE JOB POSITIONS BASED ON THE SAME RESPONSIBILITY CRITERIA. THIS INFORMATION IS USED TO DETERMINE SALARIES FOR ALL OTHER POSITIONS AS WELL. GENERALLY, SALARIES RANGE BETWEEN 80% AND 120% OF THE PAY SCALE PROVIDED. THE COMMITTEE SUBSEQUENTLY MAKES A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS.NOTE: THE COMPENSATION PROVIDER'S DATA IS COLLECTED FROM SEVERAL WELL KNOW SALARY SURVEYS. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE PERSONNEL COMMITTEE, WHICH IS MADE UP OF OF SELECTED BOARD MEMBERS MEET IN THE FOURTH QUARTER OF EVERY YEAR TO REVIEW DATA PRESENTED BY THE VP OF HUMAN RESOURCES. THE DATA REVIEWED IS OBTAINED BY A THIRD PARTY WHO ANALYZE JOB POSITIONS BASED ON THE SAME RESPONSIBILITY CRITERIA. THIS INFORMATION IS USED TO DETERMINE SALARIES FOR ALL OTHER POSITIONS AS WELL. GENERALLY, SALARIES RANGE BETWEEN 80% AND 120% OF THE PAY SCALE PROVIDED. THE COMMITTEE SUBSEQUENTLY MAKES A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS.NOTE: THE COMPENSATION PROVIDER'S DATA IS COLLECTED FROM SEVERAL WELL KNOW SALARY SURVEYS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Information is posted at credit union branches and available upon request and at annual meeting. Other Changes In Net Assets Or Fund Balances - Other Decreases CHANGE IN FAS115- UNREALIZED GAIN/LOSS = -$0 Other Changes In Net Assets Or Fund Balances - Other Increases CHANGE IN FAS115- UNREALIZED GAIN/LOSS = $133163 Other Changes In Net Assets Or Fund Balances - Other Decreases CHANGE IN PENSION OBLIGATION = -$1346722 Amended Return The amended return reflects the reporting of Unrelated Business Income on Part I, Line 7B and Part VIII, Line 11a and 11e. TCU MAIN STREET 110 MAIN STREET NASHUA NH 03060 262814252 LEASED PROPERTY NH TRIANGLE CREDIT UNION true VALLEY-WILLOW LLC 33 FRANKLIN STREET NASHUA NH 03064 205885999 LEASED PROPERTY NH TRIANGLE CREDIT UNION true TCU MAIN STREET 33 FRANKLIN STREET NASHUA NH 03060 262814252 LEASED PROPERTY NH N/A CORP true VALLEY-WILLOW LLC 33 FRANKLIN STREET NASHUA NH 03064 205885999 LEASED PROPERTY NH N/A CORP true false false false false false false false false false false true false false false false false false false false TCU MAIN STREET k 210372 MARKET VALLEY-WILLOW LLC k 55362 MARKET