2013-09-23T14:01:40-05:00 2012-12-31 611064249 DEMING MALONE LIVESAY & OSTROFF PSC 9300 SHELBYVILLE RD STE 1100 LOUISVILLE KY 402225187 990 2012-01-01 616034178 SERVICE ONE CREDIT UNION INC SERV 2707968500 PO BOX 51770 BOWLING GREEN KY 421026770 STEPHEN CARRICO 2707968500 2013-09-19 1 CHRISTOPHER A WARD P00751311 5024269660 2012 2016-02-24 21:20:13Z VALERIE C BROWN 1296 BARCLAY COURT BOWLING GREEN KY 42103 17641786 0 X WWW.SOCU.COM X 1963 KY THE MISSION OF SERVICE ONE CREDIT UNION IS TO PROVIDE THE BEST CONTEMPORARY FINANCIAL SERVICES TO MEET THE CHANGING NEEDS OF A DYNAMIC AND DIVERSE MEMBERSHIP. 7 7 63 10 21163 -5126 0 0 4586088 4626956 273081 236704 2400069 2267921 7259238 7131581 0 0 1367 1266 2990805 2888774 0 0 0 3753996 3345769 6746168 6235809 513070 895772 107436494 116632844 96456833 104706343 10979661 11926501 THE MISSION OF SERVICE ONE CREDIT UNION IS TO PROVIDE THE BEST CONTEMPORARY FINANCIAL SERVICES TO MEET THE CHANGING NEEDS OF A DYNAMIC AND DIVERSE MEMBERSHIP. 0 0 6235809 SERVICE ONE CREDIT UNION PROVIDES SAVINGS AND LENDING SERVICES AND PRODUCTS TO ITS FIELD OF MEMBERSHIP. 6235809 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 1 0 0 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 1 3248 0 1 63 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X STEPHEN CARRICO 2707968500 PO BOX 51770 BOWLING GREEN KY 421026770 FREDDIE ARIE 1.00 X 0 0 0 LOUELLA FONG 1.00 X 0 0 0 C RICHARD ALDRIDGE 1.00 X 0 0 0 HAROLD LITTLE 1.00 X 0 0 0 LESLIE WEIGEL 1.00 X 0 0 0 RICHARD L MILLER 1.00 X 0 0 0 CAROL GLASER 1.00 X 0 0 0 BRENDA M WILLOUGHBY 1.50 X 0 0 0 PAT STEWART 1.00 X 0 0 0 JAMES MCCASSLIN 1.00 X 0 0 0 VALERIE C BROWN 40.00 X 119392 0 8866 LEAH ECKLEY 40.00 X 83892 0 6282 STEPHEN CARRICO 40.00 X 73070 0 4384 KRISTIE KENNEDY 40.00 X 70344 0 5276 ANTHONY SEAN MOORE 40.00 X 63641 0 4773 410339 0 29581 1 0 0 0 PSCU FINANCIAL SERVICES 560 CARRILLION PARKWAY ST PETERSBURG FL 33716 DEBIT CARD AND CREDIT CARD 392760 SHARE ONE INC 2650 THOUSAND OAKS BLVD MEMPHIS TN 38118 COMPUTER CORE PROCESSING 152684 2 INTEREST INCOME ON LOA 522130 4626956 4626956 4626956 255749 255749 10491160 10491160 19045 0 -19045 -19045 -19045 NSF AND ODP FEES 522100 867060 867060 VISA CHECK FEES 522100 473637 473637 DELINQUENT FEES 522100 105018 105018 822206 801043 21163 2267921 7131581 7110418 21163 0 1266 498434 1928167 110104 196757 155312 104658 66062 49650 289086 135383 346908 5306 87869 541459 336889 26952 PROVISION FOR LOAN AND 348459 DEBIT CARD OPERATIONS 300674 CREDIT CARD OPERATIONS 185290 NCUA TCCUSIF PREMIUM AS 96533 424591 6235809 6482997 5277943 7987503 10828087 67987097 74116947 220815 255918 9784428 4351045 5571077 5433383 12055076 12833090 7131929 7887476 107436494 116632844 1215213 1518112 104219 165036 95137401 103023195 96456833 104706343 X 0 0 2152518 2152518 8827143 9773983 10979661 11926501 107436494 116632844 X 895772 51068 X 0 1 X 1 0 0 1 X 624407 624407 5448256 1331641 4116615 3711765 3019404 692361 5433383 CERTIFICATES OF DEPOSIT>1 YEAR IN MATURITY 4735939 F GSE AGENCY BONDS 3255719 F VISA CLASS B STOCK 173256 F COMPANY OWNED LIFE INSURANCE 2644175 F MUNICIPAL BONDS 499357 F INVESTMNET IN CORPORATE CREDIT UNIONS 1361344 C FHLB STOCK 163300 C 12833090 NCUSIF DEPOSIT 1016136 PLAN 457(B) DEPOSIT 159862 PLAN 457(F) DEPOSITS 5783717 COMPENSATING BANK BALANCE 150000 ACCOUNTS AND OTHER RECEIVABLES 305889 MISCELLANEOUS ASSETS 471872 7887476 MEMBER SHARE DEPOSITS 42671594 MEMBER SHARE DRAFTS 29605050 MEMBER SHARE CERTIFICATES 30746551 103023195 7131581 0 7131581 0 7131581 6235809 0 6235809 0 6235809 PART IV, LINE 2B: THE CREDIT UNION COLLECTS FUNDS FROM ITS MORTGAGE LOAN BORROWERS AND AND HOLDS THE FUNDS TO IN ESCROW TO PAY THE BORROWERS REAL ESTATES TAXES AND PROPERTY INSURANCE PREMIUMS. RICHARD L MILLER BOARD MEMBER RESIDENTIAL MORTGAGE X 80255 57671 0 1 0 JOSEPH P STEWART CHAIR OF SUPERVISORY COMMITTEE USED AUTO LOAN X 15395 14814 0 1 0 72485 FORM 990, PART VI, SECTION A, LINE 6 SERVICE ONE CREDIT UNION IS A NONPROFIT COOPERATIVE ORGANIZED UNDER THE LAWS OF THE STATE OF KENTUCKY AND HAD APPROXIMATELY 14200 MEMBERS AS OF DECEMBER 2012. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE BOARD OF DIRECTORS IS NOMINATED FOR ELECTION TO A THREE YEAR TERM BY THE MEMBERS PRESENT AT THE ANNUAL MEETING HELD IN MARCH OF EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B ANY MEMBER OF THE CREDIT UNION MAY ATTEND THE ANNUAL MEMBERS MEETING TO PRESENT ANY ITEM OF BUSINESS FOR CONSIDERATION FOR THE ENTIRE MEMBERSHIP INCLUDING A VOTE TO REVERSE PRIOR DECISIONS MADE BY THE GOVERNING BODY UPON OBTAINING A MAJORITY VOTE TO DO SO. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT PDF COPY OF THE FORM 990 IS EMAILED TO ALL BOARD MEMBERS TO ASK FOR EACH MEMBERS REVIEW AND QUESTIONS REGARDING THE OUTPUT OF THE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS OF THE CREDIT UNION ARE REQUIRED ANNUALLY TO DISCLOSE IN WRITING ON FORMS THAT THEY ARE NOT ENGAGED IN ANY RELATIONSHIPS CONSTITUTING A CONFLICT OF INTEREST WITH THE CREDIT UNION'S BUSINESS, WHICH FORMS ARE MAINTAINED WITH THE AVP OF HR, AND ARE MONITORED ON AN ONGOING BASIS BY THE SECURITY OFFICER. IF AND WHEN A CONFLICT DOES ARISE IT IS BROUGHT TO THE ATTENTION OF THE CEO AND BOARD OF DIRECTORS. THE SECURITY OFFICER BRINGS THE EXECPTIONS TO THE ATTENTION OF STATE AND FEDERAL EXAMINERS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS EVALUATES THE PERFORMANCE AND SALARY OF THE CEO ANNUALLY. THE BOARD ASSESSES THE PERFORMANCE AGAINST TARGETS ESTABLISHED IN THE PREVIOUS YEAR TO DETERMINE THE EXTENT TO WHICH GOALS WERE MET. FOR OTHER MANAGEMENT EMPLOYEES THE CREDIT UNION USES THE SERVICES OF AN EMPLOYMENT SPECIALIST TO DETERMINE PAY RANGES FOR EACH JOB POSITION. ANNUAL PERFORMANCE REVIEWS ARE CONDUCTED BY SUPERVISORS OF EACH EMPLOYEE TO DETERMINE THE EXTENT TO WHICH GOALS HAVE GEEN MET. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND THE CREDIT UNION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AS ARE ALL OTHER PUBLICALLY AVAILABLE DOCUMENTS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: FORM 990, PART XI, LINE 5 - INCREASES IN THE BALANCE OF UNREALIZED GAINS 51,068. ON AFS SECURITIES