2011-11-25T16:43:28-06:00 2010-12-31 MASTERS SCHWARTZ & COLE LLC 11776 W SAMPLE RD STE 106 CORAL SPRINGS FL 330655060 990 2010-01-01 590626648 INSIGHT FINANCIAL CREDIT UNION INSI 4076592740 PO BOX 4900 ORLANDO FL 328024900 RICHARD SIMONTON 4076592740 2011-11-15 true DANIEL J COLE 9547551760 2011-11-25 2010 2016-02-24 21:20:13Z RICHARD SIMONTON PO BOX 4900 ORLANDO FL 32802 32463093 false X WWW.INSIGHTFINANCIALCU.COM X 1935 FL INSIGHT FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBER; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. 12 12 169 115891 -55999 0 36612261 31642977 465920 820116 0 37078181 32463093 0 0 8623831 8569287 0 0 25766192 23630041 34390023 32199328 2688158 263765 458514793 447757548 415315759 404537213 43199034 43220335 INSIGHT FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBER; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. false false INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS. FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUSE, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS. false false false false false false false false false true false false false true false false 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 true 1500 0 true 169 true true true false false false false false X 12 12 false false false false false true true true true false true true false true true true true true true true false X JUDY MASON 4076592740 PO BOX 4900 ORLANDO FL 32802 KAREN JOHNSON 5.00 X 0 0 0 SUSAN STUCKER 5.00 X 0 0 0 NORMA HORTON 5.00 X 0 0 0 DANNY GRANT 5.00 X 0 0 0 DEBORAH COLLINS 5.00 X 0 0 0 MARK ZICKEFOOSE 5.00 X 0 0 0 MICHELE HOPPENSTEDT 5.00 X 0 0 0 GEORGE DAVIS 50.00 X 170498 0 9692 KRISTI MOIST 50.00 X 123652 0 6550 A FLOYD BRADLEY 5.00 X 0 0 0 LINDA SHORT 5.00 X 0 0 0 JERRY LOCKE 5.00 X 0 0 0 STEPHEN HOELTKE 5.00 X 0 0 0 CHARLES ARNETT 5.00 X 0 0 0 CINDY MORGAN 40.00 X 0 0 0 TODD MELLENBERNDT 50.00 X 110051 0 0 404201 16242 3 false true false UNITED HEALTHCARE 100 N 8TH ST LINCOLN NE 68501 INSURANCE 784639 PSCU 490 E SOUTH ST ORLANDO FL 32801 ADVERTISING 747684 ORCC 110 ATLANTIC DR MAITLAND FL 32751 PRINTING 388442 AXIS 7556 MUNICIPAL DR ORLANDO FL 32819 ADVERTISING 347779 FISERV 495 N KELLER RD MAITLAND FL 32751 DATA PROC. SERV 289381 5 INTEREST ON LOANS 22102367 22102367 FEE INCOME 5924544 5924544 OTHER OPERATING INCOME 3656641 3656641 OTHER NON OPERATING GAINS 403060 403060 FOREIGN ATM FEES 525990 115891 115891 -559526 -559526 31642977 820116 820116 32463093 32347202 115891 310392 6688910 1569985 1630035 104430 4789722 1065310 PROVISION FOR LOAN LOSSES 7573598 PROFESSIONAL FEES 2759436 OFFICE OPERATIONS 2505755 LOAN SERVICING EXP 1426771 EDUCATIONAL AND PROMOTION 1213405 561579 32199328 0 0 0 3878888 3582630 42353941 62665797 343640222 318209466 29604967 9358826 21103273 20246141 39700540 35211502 7837929 7842012 458514793 447757548 3631155 3726207 411684604 400811006 415315759 404537213 X 43199034 43220335 43199034 43220335 458514793 447757548 263765 -242464 X false true true X false false false false false false false false false false false 5678927 5678927 16159214 3773125 12386089 7766826 5585701 2181125 20246141 MEMBER SHARE ACCOUNTS 400811006 OTHER LIABILITIES 400811006 X false false false GEORGE DAVIS 170498 9692 180190 ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A YES- THE CREDIT UNION'S BOARD OF DIRECTORS ARE ELECTED BY MEMBERS. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B BOARD OF DIRECTORS REVIEWS FORM 990 AT REGULARLY SCHEDULED MEETING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C YES, A CONFLICTS OF INTEREST POLICY IS ACTIVELY ENFORCED. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR CEO, DIRECTORS, AND TOP MANAGEMENT OFFICIALS IS SUBJECT TO REVIEW AND APPROVAL BY BOARD OF DIRECTORS. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B YES, OTHER OFFICERS AND KEY EMPLOYEES COMPENSATION IS SUBJECT TO REVIEW BY CEO WITHIN GUIDELINES APPROVED BY BOARD OF DIRECTORS. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 BYLAWS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO ALL MEMBERS UPON REQUEST. FINANCIAL INFORMATION IS AVAILABLE TO THE PUBLIC FROM NCUA.