2016-05-12T10:47:01-05:00 2015-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2015-01-01 350885381 CENTRA CREDIT UNION % ALVIN G LECHER CENT 8123769771 3801 TUPELO DRIVE PO BOX 789 COLUMBUS IN 47202 CHRISTOPHER BOTTORFF INTERIM PRESIDENT 8123769771 2016-05-15 true DOUGLAS E BORN P00137263 8123769771 2016-05-15 2015 2016-09-27 15:27:22Z CHRISTOPHER BOTTORFF 3801 TUPELO DRIVE PO BOX 789 COLUMBUS IN 47202 79177928 false X WWW.CENTRA.ORG X 1997 IN STATE CHARTERED AND FEDERALLY INSURED CREDIT UNION WHICH GRANTS CONSUMER LOANS INCLUDING CREDIT CARDS, MORTGAGE LOANS, AND BUSINESS LOANS TO ITS MEMBERS. 9 6 385 13 332698 0 0 49703450 51911737 830939 1123568 1715586 1671284 52249975 54706589 0 62161 0 0 12690939 13168643 0 0 0 27699785 29012430 40390724 42243234 11859251 12463355 1229884586 1294289768 1088594405 1141090540 141290181 153199228 STATE CHARTED AND FEDERALLY INSURED CREDIT UNION WHICH GRANTS CONSUMER LOANS INCLUDING CREDIT CARDS, LEASE FINANCING AND OPEN-END CREDIT, MORTGAGE LOANS AND BUSINESS LOANS TO ITS MEMBERS. false false CREDIT UNION PROGRAMS. ALL ACTIVITIES ARE STATE CHARTERED CREDIT UNION ACTIVITIES WHICH ARE EXEMPT UNDER SECTION 501(C)(14) false false true false false false true false true true false false true false false true false false false false false false false false false true false true false false false false false false false false false false false false true false false false true 19256 0 true 385 true true true false false false false false X 9 6 false false false false true true false true true false true true false true true true true true true false false IN X ALVIN G LECHER 8123769771 3801 TUPELO DRIVE PO BOX 789 COLUMBUS IN 47202 X LORETTA BURD CHAIR PERSON 3.0 0.0 X 10905 0 0 BRIAN MCBROON BOARD MEMBER 3.0 0.0 X 12047 0 0 ALAN DEGNER BOARD MEMBER 3.0 0.0 X 10219 0 0 AMBER FISHVOGT BOARD MEMBER 3.0 0.0 X 8883 0 0 JIM JOHNSON VICE CHAIR 3.0 0.0 X 8617 0 0 TOM KIEFFER VICE CHAIR (1/1 - 6/30) 3.0 0.0 X 4505 0 0 MARY STROH SECRETARY-TREASURER 3.0 0.0 X 8682 0 0 DONALD JACKSON BOARD MEMBER (4/16 - 12/31) 3.0 0.0 X 6390 0 0 JIM BICKEL BOARD MEMBER (4/16 - 12/31) 3.0 0.0 X 6390 0 0 KESAVAN VENUGOPAL BOARD MEMBER (10/1 - 12/31) 3.0 0.0 X 2130 0 0 DOUGLAS HARRIS PRESIDENT (1/1 - 4/8) 45.0 0.0 X 257292 0 22548 PATRICIA KNORR CHIEF OPERATING OFFICER 45.0 0.0 X 176954 0 19010 PAUL ADRIAN CHIEF SYSTEMS OFFICER 45.0 0.0 X 158137 0 12351 CHRISTOPHER BOTTORFF INTERIM PRESIDENT 45.0 0.0 X 198288 0 28158 BRAD DAVIS CHIEF SALES/MKT OFFICER 45.0 0.0 X 164706 0 16040 JAMES DINEEN CHIEF RISK OFF. (5/18 - 12/31) 45.0 0.0 X 98867 0 5307 JOHN FINNEY V.P. RETAIL SALES & SERVICES 45.0 X 100062 0 3621 RANDALL BREWER V.P. INFORMATION TECHNOLOGY 45.0 X 100905 0 17369 ROBERT FISCHVOGT CUSO PRESIDENT 45.0 X 100846 0 10132 1434825 0 134536 8 false true false PSCU FINANCIAL SERVICES 560 CARILLON PARKWAY ST PETERSBURG FL 33716 OUTSIDE SERVICES 3129179 FISERV 2307 DIRECTORS ROW INDIANAPOLIS IN 46241 OUTSIDE SERVICES 1445669 HARLAND CLARKE 125 NORTH BURNEET DRIVE LAUREATE DR SAN ANTONIO TX 78249 OUTSIDE SERVICES 429572 KOETTER CONSTRUCTION INC 7393 PETE ANDRES ROAD FLOYD KNOBS IN 47119 OUTSIDE SERVICES 367868 DIEBOLD 1345 BROOKVILLE WAY INDIANAPOLIS IN 46239 OUTSIDE SERVICES 347136 34 0 INTEREST - LOANS 522100 28604091 28604091 SERVICE & MEMBER FEES 522100 11636382 11303684 332698 INT-INVEST SECURITIES 523000 4078687 4078687 CREDIT CARD INCOME 522200 7283973 7283973 INT BEARING DEPOSITS 522100 308604 308604 51911737 0 0 0 0 0 0 23857720 1737187 23103675 1367664 754045 369523 1123568 1123568 0 0 0 INSURANCE COMMISSIONS 524113 1549740 1549740 OTHER INCOME 522100 121544 121544 1671284 54706589 54373891 332698 62161 0 0 0 1236426 0 9140466 202229 1707033 882489 0 47076 188671 6000 0 0 0 721700 1400640 1069617 0 3840742 337532 0 74057 8545601 0 1680545 280897 OUTSIDE SERVICES 3441708 BAD DEBT EXPENSE 2980505 LOAN SERVICING EXPENSE 2069786 COLLECTIONS 748168 1579185 42243234 12530774 16810663 157286998 180320635 0 0 0 0 0 0 0 0 724838821 813577528 0 0 0 0 35568257 19575574 16002482 15992683 0 0 298782777 248583180 0 0 0 0 20442734 19005079 1229884586 1294289768 0 0 0 0 0 0 0 0 1104628 1251863 0 0 0 0 0 0 1087489777 1139838677 1088594405 1141090540 X 0 0 0 0 141290181 153199228 141290181 153199228 1229884586 1294289768 12463355 -554308 X false true X true false 6000 6000 6000 false INDIANA CREDIT UNION PAC 5975 CASTLE CREEK PRKWY N DR INDIANAPOLIS IN 46250 237305600 6000 PART I-A, LINE 1 DESCRIPTION OF POLITICAL CAMPAIGN ACTIVITIES: CENTRA CREDIT UNION MADE A DISTRIBUTION IN THE AMOUNT OF $6,000 TO THE INDIANA CREDIT UNION POLITICAL ACTION COMMITTEE, A SECTION 527 ORGANIZATION. false true X 3904281 3904281 15626131 8074291 7551840 2071107 1127123 943984 13544040 10374160 3169880 422698 422698 15992683 AVAILABLE FOR SALE SECURITIES 173395184 F HELD TO MATURITY SECURITIES 75187996 C 248583180 0 MEMBERS' DEPOSITS 1102349067 FHLB ADVANCES 34000000 OTHER LIABILITIES 3489610 1139838677 42819937 42819937 11886652 11886652 54706589 30356582 30356582 11886652 11886652 42243234 PART IV, LINE 2 ESCROW ACCOUNT: CENTRA CREDIT UNION ACTS AS A THIRD PARTY TRUSTEE THAT RECEIVES AND DISBURSES FUNDS TO PAY OBLIGATIONS OF ACCOUNT HOLDERS. PART X, LINE 2 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. PART XI & XII, LINE 4B OTHER ADJUSTMENTS: GAIN ON OTHER ASSETS $ 369,523 INTEREST EXPENSE 8,536,624 LOAN LOSSES 2,980,505 TOTAL ADJUSTMENT $ 11,886,652 true CENTRA FOUNDATION INC PO BOX 789 COLUMBUS IN 472020789 455288066 501(C)(3) 37500 COMMUNITY SUPPORT & DEVELOPMENT 1 PART I, LINE 2 PROCESS FOR MONITORING GRANTS PAID: THE BOARD APPROVES ALL GRANTS PAID. GRANTS ARE AWARDED TO ORGANIZATIONS THAT HELP SUPPORT AND FURTHER DEVELOP LOCAL COMMUNITIES. X true true false DOUGLAS HARRIS PRESIDENT (1/1 - 4/8) 72918 0 43470 0 140904 0 2915 0 19633 0 279840 0 0 0 PATRICIA KNORR CHIEF OPERATING OFFICER 148356 0 17754 0 10844 0 5460 0 13550 0 195964 0 0 0 PAUL ADRIAN CHIEF SYSTEMS OFFICER 137201 0 20936 0 0 0 4747 0 7604 0 170488 0 0 0 CHRISTOPHER BOTTORFF INTERIM PRESIDENT 162095 0 19526 0 16667 0 6125 0 22033 0 226446 0 0 0 BRAD DAVIS CHIEF SALES/MKT OFFICER 133676 0 21030 0 10000 0 5051 0 10989 0 180746 0 0 0 PART I, LINE 4A SEVERANCE PAYMENT: DOUGLAS HARRIS RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $140,904, WHICH HAS BEEN INCLUDED IN HIS OTHER REPORTABLE COMPENSATION ON SCHEDULE J, PART II. PART I, LINE 4B THE FOLLOWING OFFICERS RECEIVED CONTRIBUTIONS TO A NONQUALIFIED PLAN UNDER SETION 457(F): BRAD DAVIS, $10,000; CHRISTOPHER BOTTORFF, $16,667; PATRICIA KNORR, $6,667. THESE AMOUNTS HAVE BEEN INCLUDED IN OTHER REPORTABLE COMPENSATION ON SCHEDULE J, PART II. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS: EVERY MEMBER OF THE CREDIT UNION HAVING PURCHASED ONE OR MORE SHARES OF STOCK IS A SHAREHOLDER. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS OF THE GOVERNING BODY: ELIGIBLE MEMBERS RECEIVE ONE VOTE TO ELECT BY MAJORITY THE DIRECTORS OF THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE PRIOR TO FILING THE RETURN. THE FORM 990 IS ALSO REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: CONFLICT OF INTEREST POLICIES ARE SIGNED ANNUALLY BY EACH BOARD MEMBER AND OFFICER OF THE ORGANIZATION AND REVIEWED. IF A BOARD MEMBER HAS A CONFLICT THEY RECUSE THEMSELVES FROM DISCUSSIONS AND VOTING IN THAT AREA. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF COMPENSATION: PAY INCREASES TO TOP MANAGEMENT ARE APPROVED AS PART OF THE ANNUAL REVIEW PROCESS WHICH IS APPROVED BY THE BOARD COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS: GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CENTRA FINANCIAL SERVICES LLC 1430 NATIONAL ROAD COLUMBUS IN 47202 BANKING IN 1182890 3457091 CENTRA CU