2016-06-15T12:18:18-05:00 2015-12-31 421186197 GARDINER THOMSEN 10555 NEW YORK AVENUE SUITE 200 DES MOINES IA 50322 990 2015-01-01 420923713 CENT CREDIT UNION CENT 6414242368 1341 6TH STREET SW MASON CITY IA 50401 MATTHEW R CHIZEK CEO 6414242368 2016-06-14 1 C L TELK JR CPA P00888922 5152701446 2015 2016-09-27 15:27:22Z MATTHEW R CHIZEK 1341 6TH STREET SW MASON CITY IA 50401 1765666 0 X WWW.CENTCU.ORG X 1965 IA MCLG FAMILY CREDIT UNION OPERATES FOR THE PRIMARY PURPOSE OF PROMOTING THRIFT, PROVIDING CREDIT AT REASONABLE RATES, AND PROVIDING OTHER FINANCIAL SERVICES TO ITS MEMBERS. 13 13 16 0 0 0 0 0 953475 1168492 115580 114706 294067 482468 1363122 1765666 0 0 0 0 537872 603978 0 0 0 644360 841914 1182232 1445892 180890 319774 38323296 40748957 32106596 33982661 6216700 6766296 CENT CREDIT UNION OPERATES FOR THE PRIMARY PURPOSE OF PROMOTING THRIFT, PROVIDING CREDIT AT REASONABLE RATES, AND PROVIDING OTHER FINANCIAL SERVICES TO ITS MEMBERS. MEMBERS SERVED DURING THE YEAR WAS APPROXIMATELY 4,638. 0 0 1445892 1650960 PROVIDE FINANCIAL SERVICES TO MEMBERS - SHARE SAVINGS AND LOANS. ONLINE COMPUTER CHARGES SERVES ALL MEMBERS, DEBIT CARDS, AND INTERNET BANKING. 1445892 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3751 0 1 16 1 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 0 1 0 0 X MATTHEW R CHIZEK 6414242368 1341 6TH STREET SW MASON CITY IA 50401 TODD CASH SECRETARY 1.00 X X 0 0 0 HARLAND OLSEN ALM 1.00 X X 0 0 0 BILL OROZCO AUDIT 1.00 X 0 0 0 MARK HEINY ALM 1.00 X 0 0 0 KIM SVEJDA AUDIT 1.00 X 0 0 0 DAVID WALSWICK AUDIT 1.00 X 0 0 0 HARRY SHANNON CREDIT 1.00 X 0 0 0 MICHELLE VASKE CHAIRPERSON 1.00 X X 0 0 0 WILLIAM BASLER VICE CHAIR 1.00 X X 0 0 0 GREG LEE CREDIT 1.00 X 0 0 0 RON GUTHRIE ALM 1.00 X 0 0 0 DAVE HICKMAN CREDIT 1.00 X 0 0 0 DEB OROZCO CREDIT 1.00 X 0 0 0 LINDA MILLER CFO 40.00 X 67147 0 9384 MATTHEW CHIZEK CEO 40.00 X 100000 0 12484 167147 0 21868 0 0 0 0 0 INTEREST ON LOANS 522100 1168492 1168492 1168492 114706 114706 SERVICE FEES 522100 189661 189661 CREDIT/DEBIT CARD FEES 522100 134272 134272 INSURANCE INCOME 522100 102686 102686 55849 55849 482468 1765666 1650960 0 114706 189015 189015 270339 270339 6834 6834 101597 101597 36193 36193 5720 5720 51167 51167 249239 249239 130660 130660 93357 93357 11427 11427 14900 14900 43751 43751 10993 10993 49656 49656 25114 25114 PROVISION FOR LOAN LOSS 74115 74115 LOAN SERVICING EXPENSE 38553 38553 PROFESSIONAL SERVICES 22565 22565 20697 20697 1445892 1445892 0 0 361935 596702 3189348 1878555 23132096 28226887 41340 56791 1435442 541054 452658 894388 11088611 9038201 57308 57433 38323296 40748957 63469 118257 32043127 33864404 32106596 33982661 X 0 0 1354169 1374169 4862531 5392127 6216700 6766296 38323296 40748957 X 319774 229822 X 0 0 0 42970 42970 967527 293461 674066 159550 13665 145885 265395 233928 31467 894388 CERTIFICATES OF DEPOSIT 6208000 C INVESTMENTS IN CREDIT UNIONS 2511395 C NCUSIF DEPOSIT 318806 C 9038201 MEMBERS SHARES 33864404 33864404 FORM 990, PART VI, SECTION A, LINE 6 MCLG FAMILY CREDIT UNION IS SUPPORTED BY ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A CREDIT UNION HAS MEMBERS WHO VOTE FOR DIRECTORS AT ITS ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF HTE FORM 990 WAS NOT PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. THE CEO REVIEWS AND SIGNS THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C REVIEWED AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT UTILIZES COMPENSATION SURVEYS AND SEEKS THE APPROVAL BY THE BOARD WITH REGARDS TO ESTABLISHING THE ORGANIZATION'S CEO OVERALL COMPENSATION PACKAGE. SPECIFICALLY, BOARD MEMBERS REVIEW THE CUNA SALARY DATA AND COMPLETE A REVIEW QUESTIONAIRE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANICAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: MERGER WITH NW CEMENT EMPLOYEE CREDIT UNION - EIN 42-0443742 229,822. FORM 990, PART XI, LINE 9: ON NOVEMBER 1, 2015 CENT CREDIT UNION (SUCCESSOR) MERGED WITH NORTHWESTERN STATES CEMENT EMPLOYEES CREDIT UNION (EIN # 42-0443742).