2012-11-14T15:45:30-00:00 2011-12-31 ORTH CHAKLER MURNANE AND CO CPAs 12060 SW 129 COURT SUITE 201 MIAMI FL 33186 990 2011-01-01 741109927 COMMUNITY RESOURCE CREDIT UNION COMM 2814223611 2900 DECKER DRIVE BAYTOWN TX 775202027 DEENA SMITH 2012-11-14 true DOUGLAS ORTH 3052328272 2012-11-14 2011 2016-02-24 21:20:13Z RUSSELL BALLARD 2900 DECKER DRIVE BAYTOWN TX 77520 19982496 false 2742 X WWW.CRCU.ORG X CREDIT UNION 1935 TX TO HELP OUR MEMBERS ACHIEVE FINANCIAL WELL-BEING THROUGH A LIFETIME PARTNERSHIP BY PROVIDING EXCEPTIONAL SERVICE AND QUALITY PRODUCTS. WE ARE A FINANCIAL INSTITUTION THAT PROVIDES MEMBER SERVICE FOR LOANS AND SHARE ACCOUNTS. 9 9 138 9 103486 61299 0 18167604 18663397 3313055 1237341 0 21480659 19900738 0 0 5370875 6532128 0 0 13207846 11332448 18578721 17864576 2901938 2036162 277712703 292266166 253840012 265840059 23872691 26426107 TO HELP OUR MEMBERS ACHIEVE FINANCIAL WELL-BEING, THROUGH A LIFETIME PARTNERSHIP BY PROVIDING EXCEPTIONAL SERVICE AND QUALITY PRODUCTS. false false SHARE ACCOUNTS COMMUNITY RESOURCE CREDIT UNIONS SHARE ACCOUNTS OFFER ADVANTAGES TO MEMBERS OF ALL AGES. THE CREDIT UNION HAD 32,374 MEMBER-OWNER ACCOUNTS ON DECEMBER 31, 2011. MEMBER SAVINGS ACCOUNTS PAY DIVIDENDS MONTHLY AND OFFER ACCESS THROUGH THE BRANCH NETWORK, HOME BANKING VIA THE INTERNET OR TELEPHONE AND ATMs WORLDWIDE. false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true 9895 0 true 138 true true true false false false false false X 9 9 false false false false true true false true true false false true true true true false true true true false X DEENA SMITH 2814203718 2900 DECKER DRIVE BAYTOWN TX 775202027 D OSTERHUS 001.00 X 0 0 0 R SANDERS 001.00 X 0 0 0 W GRAY 001.00 X 0 0 0 C TILTON 001.00 X 0 0 0 J CAGLE-PAGE 001.00 X 0 0 0 T MASTERS 001.00 X 0 0 0 T COUGLEN 001.00 X 0 0 0 PR DAWSON 001.00 X 0 0 0 R DEHOYOS 001.00 X 0 0 0 D FRAZIER 040.00 X 205000 0 6355 H BATES 040.00 X 106501 0 3513 R BALLARD 040.00 X 123576 0 8250 M MATNEY 040.00 X 23990 0 1987 D SMITH 040.00 X 36410 0 68 K CARMON 040.00 X 97965 0 741 M GLASSCO 040.00 X 143935 0 4397 R HEAD 040.00 X 135035 0 8961 T HUDSON 040.00 X 119561 0 6925 R ANDERSON 040.00 X 113798 0 788 S MCKINZIE 040.00 X 100351 0 5712 1206122 47697 8 false true false MIAMI COMPUTER PRODUCTS & CONSULTING PO BOX 643283 PITSSBURGH PA 15264 COMPUTER EQUIPMENT 440961 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 CUS CORE SYSTEM 440138 DIGITAL INSIGHT CORPORATION PO BOX 515306 LOS ANGELES CA 90051 HOME BANKING 370029 FISERV 75 REMITTANCE DRIVE STE 6974 CHICAGO IL 60675 ATMDEBIT CARD PROCESSOR 233042 LANVERA 13755 HUTTON DRIVE STE 100 FARMERS BRANCH TX 75234 MEMBER STATEMENS 217223 10 INTEREST ON LOANS 522100 11766417 11766417 FEES/OTHER CHARGES 522100 6793494 6793494 UNRELATED BUSINESS INCOME TAX 900099 103486 103486 18663397 1189010 1189010 130089 81758 48331 48331 48331 19900738 19797252 103486 0 0 0 0 614356 614356 0 4930556 4930556 89114 89114 488303 488303 409799 409799 0 -29929 -29929 32039 32039 0 0 1129468 1129468 498782 498782 726333 726333 70765 70765 0 577767 577767 73555 73555 0 137226 137226 2465105 2465105 44781 44781 976349 976349 128145 128145 SEE ATTACHED SCHEDULE 4502062 4502062 0 17864576 17864576 19727786 26321045 2574000 2136000 1524619 1419353 164101714 174591611 6525840 6781283 24133233 11442581 12910182 12690652 64536002 62728132 390700 391900 5421860 5206190 277712703 292266166 1366962 775102 252473050 265064957 253840012 265840059 X 23872691 26426107 23872691 26426107 277712703 292266166 X 2036162 517254 X false true true X false false 2769387 2769387 11365209 3259452 8105757 9998637 8183129 1815508 12690652 REGULAR SHARES 77961367 MONEY MARKET SHARES 13839864 SHARE DRAFT 86783858 IRA SHARES 12068683 IRA CD SHARES 13915364 CERTIFICATES OF DEPOSIT 60495821 265064957 19900738 17864576 2036162 517254 517254 2553416 19900738 19900738 19900738 17864576 17864576 17864576 X 2 A FIN 48 DISCLOSURE WAS NOT INCLUDED IN THE AUDITED FINANCIAL STATEMENTS. X false false false D FRAZIER 190000 15000 6355 211355 Form 990 Part VI 6 COMMUNITY RESOURCE CREDIT UNION IS A STATE CHARTERED CREDIT UNION WITH MEMBERS. Form 990 Part VI 7A BOARD OF DIRECTORS IS THE GOVERNING BODY AND IS ELECTED ANNUALLY BY THE COMMUNITY RESOURCE CREDIT UNION MEMBERS. Form 990 Part VI 11A THE FORM 990 IS REVIEWED BY THE CEO AND THE CFO, WHO IS A CERTIFIED PUBLIC ACCOUNTANT. A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS. Form 990 Part VI 12 WHEN EMPLOYEES ARE HIRED, THEY MUST ACKNOWLEDGE THEY HAVE READ EMPLOYEE POLICIES. THEY MUST SIGN AGAIN IF ANY CHANGES ARE MADE TO THE POLICIES. COMMUNITY RESOURCE CREDIT UNION OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE DIRECTED TO DISCLOSE TO THEIR DEPARTMENT HEAD AND THE HUMAN RESOURCES DEPARTMENT IF ANOTHER INTEREST COULD GIVE RISE TO CONFLICTS IN REGARDS TO OUR CONFLICT OF INTEREST POLICY. Form 990 Part VI 15 CEO AND EXECUTIVE SALARIES ARE APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. Form 990 Part VI 19 OUR CONFLICT OF INTEREST POLICY IS CONTAINED THE EMPLOYEE HANDBOOK. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. OUR FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY OF EACH OF OUR BRANCHES. Form 990 Part XI 5 CHANGE IN OTHER COMPREHENSIVE INCOME IN THE AMOUNT OF 517,254. Form 990 Part VI Section A Line 6 COMMUNITY RESOURCE CREDIT UNION IS A STATE CHARTERED CREDIT UNION WITH MEMBERS. Form 990 Part VI Section A Line 7A BOARD OF DIRECTORS IS THE GOVERNING BODY AND IS ELECTED ANNUALLY BY THE COMMUNITY RESOURCE CREDIT UNION MEMBERS. Form 990 Part VI Section B Line 11A THE FORM 990 IS REVIEWED BY THE CEO AND THE CFO, WHO IS A CERTIFIED PUBLIC ACCOUNTANT. A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS. Form 990 Part VI Section B Line 12 WHEN EMPLOYEES ARE HIRED, THEY MUST ACKNOWLEDGE THEY HAVE READ EMPLOYEE POLICIES. THEY MUST SIGN AGAIN IF ANY CHANGES ARE MADE TO THE POLICIES. COMMUNITY RESOURCE CREDIT UNION OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE DIRECTED TO DISCLOSE TO THEIR DEPARTMENT HEAD AND THE HUMAN RESOURCES DEPARTMENT IF ANOTHER INTEREST COULD GIVE RISE TO CONFLICTS IN REGARDS TO OUR CONFLICT OF INTEREST POLICY. Form 990 Part VI Section B Line 15 CEO AND EXECUTIVE SALARIES ARE APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. Form 990 Part VI Section C Line 19 OUR CONFLICT OF INTEREST POLICY IS CONTAINED THE EMPLOYEE HANDBOOK. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. OUR FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBY OF EACH OF OUR BRANCHES. Form 990 Part XI Line 5 CHANGE IN OTHER COMPREHENSIVE INCOME IN THE AMOUNT OF 517,254.