2011-08-12T12:47:50-00:00 2010-12-31 ORTH CHAKLER MURNANE AND CO CPAs 12060 SW 129 COURT SUITE 201 MIAMI FL 33186 990 2010-01-01 586032554 LGE COMMUNITY CREDIT UNION LGEC 7704240060 430 COMMERCE PARK DRIVE MARIETTA GA 30060 CANDICE BRACEWELL 7704240060 2011-08-12 true DOUGLAS ORTH 3052328272 2011-08-12 2010 2016-02-24 21:20:13Z CHRIS LEGGETT 430 COMMERCE PARK DRIVE MARIETTA GA 30060 48942280 false 3804 X WWW.LGECCU.ORG X CREDIT UNION 1951 GA PROVIDE SAVINGS AND LENDING ACTIVITIES TO MEMBER OWNERS OF THE COOPERATIVE. PROVIDE SAVINGS AND LENDING ACTIVITIES TO MEMBER OWNERS OF THE COOPERATIVE. 11 11 252 16 68296 -59715 0 39409082 41725909 3875148 2550901 3308041 34500 46592271 44311310 0 0 14468438 14406349 0 0 28487088 24784106 42955526 39190455 3636745 5120855 789914428 767616886 706923905 679750833 82990523 87866053 PROVIDE SAVINGS AND LENDING ACTIVITIES TO MEMBER OWNERS OF THE COOPERATIVE. false false INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM INVESTMENT OF MEMBERS FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false true false false false false true 23419 0 252 true true true false false false false false X 11 11 false false false false true true false true true false false false true true true false true true true false X CANDICE D BRACEWELL 7704240060 430 COMMERCE PARK DRIVE MARIETTA GA 30060 C LEGGETT 040.00 X 323090 0 100249 C BRACEWELL 040.00 X 142545 0 94905 H BRANCH III 040.00 X 180105 0 68303 S STANFIELD 040.00 X 152842 0 37826 L KING 040.00 X 164562 0 40836 S TILLERY 040.00 X 116335 0 21349 J KINNEY 040.00 X 112718 0 32153 D BRAUND 001.00 X 0 0 0 M BROCK 001.00 X 0 0 0 R DIXON 001.00 X 0 0 0 E HARRELL 001.00 X 0 0 0 A KASSIS 001.00 X 0 0 0 F MYERS 001.00 X 0 0 0 R ROBERTS 001.00 X 0 0 0 H TEASLEY 001.00 X 0 0 0 DR P THOMAS 001.00 X 0 0 0 S WALLS 001.00 X 0 0 0 W SHAW 040.00 X 107999 0 26899 M FARSINEJAD 040.00 X 103019 0 22690 J AUSTIN 001.00 X 0 0 0 1403215 445210 9 false true false PRESIDIO NETWORKED SOLUTION 7601 ORA GLEN DR SUITE 100 GREENBELT MD 20770 TELECOMMUNICATIONS 632127 BDI PO BOX 6081 INGLEWOOD CA 90312 BILL PAY AND STATEMENT PRINTING 287359 MACEY WILENSKY KESSLER & ASSOCIATES 230 PEACHTREE STREET NW SUITE 2700 ATLANTA GA 30303 ATTORNEY 237414 DEIBOLD INCORPORATED PO BOX 643543 PITTSBURGH PA 15473 ARMORED CAR SERVICE 237284 LOUIS TURCHIARELLI 416 ROSWELL STREET NE SUITE 200 MARIETTA GA 30060 ATTORNEY 205663 15 INCOME ON LOANS 522100 29895473 29895473 FEE/OTHER INCOME 522100 11762140 11762140 UBIT REVENUE 524298 68296 68296 41725909 2648371 2648371 34500 34500 34500 34500 4000000 533500 4000000 630970 -97470 -97470 -137001 44311310 44203483 68296 0 0 0 0 1848425 1848425 0 8590767 8590767 828218 828218 2373580 2373580 765359 765359 0 66010 66010 217394 217394 0 0 552286 552286 1097325 1097325 5414430 5414430 0 0 1213016 1213016 352011 352011 0 0 7846528 7846528 131654 131654 1698990 1698990 134903 134903 PROVISION FOR LOAN LOSSES 3020723 3020723 CASH SHORT/OVER 8147 8147 LOAN SERVICING 1466183 1466183 NCUA INSURANCE PREMIUM ASSESSMENTS 1524975 1524975 MISCELLANEOUS 39531 39531 0 39190455 39190455 5305472 5807969 203382495 112917135 90017 205051 489674598 510462860 531989 574502 33324977 20630469 12356356 12694508 68870636 112200243 476840 656469 9226025 12098149 789914428 767616886 4649292 5300975 125000000 40000000 577274613 634449858 706923905 679750833 X 82990523 87866053 82990523 87866053 789914428 767616886 X 5120855 -245325 X false true true X false false 2499594 2440034 16863905 8954031 7909874 2400794 1345190 1055604 11560684 10271688 1288996 12694508 REGULAR SHARES 167421642 MONEY MARKETS 66229930 CERTIFICATES IRA CERTIFICATES 228353451 SHARE DRAFTS 158140513 IRAS 14029115 HEALTH SAVINGS 275207 ESCROWS 634449858 44311310 39190455 5120855 -244732 -593 -245325 4875530 X 2 FIN 48 IS NOT APPLICABLE. XI 8 NET UNREALIZED HOLDING LOSSES ON SECURITIES 244,732 RECLASSIFICATION ADJUSTMENT FOR NET LOSSES INCLUDED IN NET INCOME 593. X X X false true false C LEGGETT 216796 105500 794 17152 83097 423339 C BRACEWELL 117533 24400 612 86362 8543 237450 H BRANCH III 130840 47325 1940 59560 8743 248408 S STANFIELD 108015 44275 552 15128 22698 190668 L KING 117884 46275 403 13059 27777 205398 Form 990 Part VI 6 THE ORGANIZATION HAS MEMBERS. Form 990 Part VI 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS. Form 990 Part VI 12C LGECCU MAINTAINS A CONFLICT OF INTEREST POLICY WITHIN ITS CODE OF ETHICS. THIS POLICY IS ENFORCED AT ALL TIMES AND REVIEWED PERIODICALLY BY OUR INTERNAL AUDIT DEPARTMENT. Form 990 Part VI 15A LGECCU USES SURVEY DATA DURING AN ANNUAL REVIEW PROCESS TO DETERMINE THE REASONABLENESS OF ALL COMPENSATION AND BENEFITS. Form 990 Part VI 15B THE REVIEW OF THE CEOS COMPENSATION IS A FUNCTION OF THE BOARD OF DIRECTORS. ANNUALLY, THE BOARD USES AN EXECUTIVE COMPENSATION SURVEY FROM AN INDEPENDENT THIRD PARTY TO DETERMINE THE CEOS COMPENSATION. FOR ALL OTHER POSITIONS IN THE ORGANIZATION, PAY RANGES ARE REVIEWED AND APPROVED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS UTILIZING DATA FROM AN INDEPENDENT COMPENSATION STUDY. Form 990 Part VI 19 THE CREDIT UNIONS GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON NCUA.GOV VIA THE QUARTERLY 5300 FILING. Form 990 Part VI 11 LGECCU ENGAGED A PAID PREPARER, ORTH, CHAKLER, MURNANE AND CO., CPAs, TO COMPLETE OUR FORM 990 FILING. UPON COMPLETION OF THE RETURN, IT WAS REVIEWED AND APPROVED BY EXECUTIVE MANAGEMENT. Form 990 Part XI 5 UNREALIZED HOLDING LOSSES ON SECURITIES AVAILABLE-FOR-SALE 244,732 PLUS RECLASSIFICATION ADJUSTMENT FOR NET LOSSES INCLUDED IN NET INCOME 593 EQUALS 245,325. LGE INSURANCE SERVICES LLC 430 COMMMERCE PARK DR MARIETTA GA 30060 272540699 INSURANCE SALES GA 84844 402370 LGECCU