2026-08-14T13:55:51-05:00 2025-09-30 994260840 DOEREN MAYHEW 8785 SW 165TH AVE STE 303 MIAMI FL 33193 990 2025-01-01 590873652 STATE CHARTERED CREDIT UNIONS IN FLORIDA ENVISION CREDIT UNION STAT 8509429000 2082 SUMMIT LAKE DRIVE TALLAHASSEE FL 32317 MR DARRYL WORRELL PRESIDENT/CEO 8509429000 2026-08-14 1 AUBREY CLEGG P01076395 3052328272 2026-08-14 2025 2025-03-06 01:10:19Z X ENVISION CREDIT UNION MR DARRYL WORRELL 2082 SUMMIT LAKE DRIVE TALLAHASSEE FL 32317 45810099 0 2106 X WWW.ENVISIONCU.COM X 1954 FL TO PROVIDE INNOVATIVE PRODUCTS AND FINANCIAL EDUCATION TO OUR MEMBERS AND SUPPORT OUR LOCAL COMMUNITIES TO PROMOTE GREATER ECONOMIC OPPORTUNITY. X 6 6 276 8 7013 0 0 0 46056802 33573853 6235101 5249374 8582935 6986872 60874838 45810099 0 0 0 0 16846838 16069206 0 0 0 40289067 40477791 57135905 56546997 3738933 -10736898 839902667 0 773886424 0 66016243 0 X TO PROVIDE INNOVATIVE PRODUCTS AND FINANCIAL EDUCATION TO OUR MEMBERS AND SUPPORT OUR LOCAL COMMUNITIES TO PROMOTE GREATER ECONOMIC OPPORTUNITY. 0 1 INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP. 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 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 11659 0 1 276 1 1 1 0 0 0 0 0 0 0 X 6 6 0 1 1 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X QING LU 4077085812 1000 PRIMERA BLVD LAKE MARY FL 32746 DR CASSANDRA GRAYSON BOARD CHAIRPERSON 1.00 X 600 0 0 DAVID HELTON SUPERVISORY COMMITTEE MEMB 1.00 X 600 0 0 H EUGENE MCNEASE BOARD VICE CHAIRPERSON 1.00 X 600 0 0 LINDA SMITH BOARD TREASURER 1.00 X 600 0 0 H EUGENE MORGAN BOARD SECRETARY 1.00 X 600 0 0 DR CHRISTOPHER SMALL BOARD MEMBER 1.00 X 600 0 0 CHANDLER BAGGETT SUPERVISORY COMMITTEE MEMB 1.00 X 600 0 0 DR RONALD CARNEY SUPERVISORY COMMITTEE MEMB 1.00 X 600 0 0 DARRYL G WORRELL PRESIDENT/CEO 40.00 X 920159 0 54287 BOB DOBY JR INTERIM CFO 26.00 X 0 0 0 HOLLIE MADDOX SVP CHIEF OPERATIONS OFFIC 40.00 X 274694 0 28431 RUDOLPH ARCEO SVP STRATEGIC DEVELOPMENT 40.00 X 255840 0 26697 GRADY HUDSON SVP CHIEF INFORMATION OFFI 25.00 X 505838 0 33872 RUTHELLEN CALDWELL VP FINANCIAL CENTERS 40.00 X 139137 0 15108 MINDY DESHERLIA VP REMOTE DELIVERY SERVICE 40.00 X 109079 0 16243 AMBER STEPHENS VP RISK & COMPLIANCE 40.00 X 101062 0 14900 WILLIAM ROGERS AVP IT FACILITIES 40.00 X 105987 0 7213 2416596 0 196751 8 0 1 0 CONSTRUCTION & MAINTENANCE SPECIALISTS L 3618 N MONROE ST TALLAHASSEE FL 32303 COMMERCIAL MAINTENANCE SERVICES 3733095 UNITED SOLUTIONS COMPANY PO BOX 5496 TALLAHASSEE FL 32314 OPTICAL & NETOWRK SERVICES 2515918 FISERV INC PO BOX 934057 ATLANTA GA 31193 CREDIT/DEBIT CARD SERVICES 1789028 CARDTRONICS USA INC PO BOX 4346 DEPARTMENT 364 HOUSTON TX 772104346 ONLINE BANKING SERVICES & ITM/ATM MAINTE 978413 CREATIVE SIGN DESIGNS LLC PO BOX 748345 ATLANTA GA 303748345 MARKETING COMMUNICATIONS SERVICES 876151 23 INTEREST ON LOANS 522100 26815000 26815000 FEES/CHARGES/OTHER 522100 6751840 6751840 FINANCE AND INSURANCE 520000 7013 7013 33573853 5249374 5249374 150229 0 150229 150229 150229 OTHER OPERATING INCOME 522100 6836643 6836643 6836643 45810099 45803086 7013 0 X 2104618 10874516 2266691 823381 250761 31762 10752 3854874 2219561 1144159 2980854 626538 175086 84433 6504003 130248 1563192 264889 PROVISION FOR LOAN LOSS 7331936 VISA/DEBIT FEES/CHARGES 4053941 LOAN SERVICING 3249264 EQUIPMENT RENTAL/MAINTE 3067393 2934145 56546997 8366807 0 43619433 0 0 9725743 0 12467795 0 0 607346275 0 0 2460894 0 0 22500623 0 96187153 0 11542465 0 0 0 25685479 0 839902667 0 16655443 15000000 742230981 0 773886424 0 X 0 0 0 0 66016243 0 66016243 0 839902667 0 X -10736898 7666345 -62945690 X 0 0 0 X X X 1 1 X X X X 0 1 0 DARRYL G WORRELL PRESIDENT/CEO 316929 0 74518 0 528712 0 21000 0 33287 0 974446 0 0 0 GRADY HUDSON SVP CHIEF INFORMATION OFFI 467553 0 25307 0 12978 0 20804 0 13068 0 539710 0 0 0 HOLLIE MADDOX SVP CHIEF OPERATIONS OFFIC 195230 0 48521 0 30943 0 15825 0 12606 0 303125 0 0 0 RUDOLPH ARCEO SVP STRATEGIC DEVELOPMENT 189277 0 51295 0 15268 0 15328 0 11369 0 282537 0 0 0 RUTHELLEN CALDWELL VP FINANCIAL CENTERS 94001 0 26917 0 18219 0 4161 0 10947 0 154245 0 0 0 PART I, LINE 1A THE ORGANIZATION DOES HAVE POLICIES IN PLACE FOR COMPANION TRAVEL AND SOCIAL CLUB DUES. NO POLICY FOR GROSS UP PAYMENTS. PART I, LINE 4B DARRYL WORRELL PARTICIPATES IN A SECURED SPLIT DOLLAR PROGRAM WHERE BY ENVISION CREDIT UNION LOANS THE OFFICER FUNDS FOR THE PURCHASE OF TWO LIFE INSURANCE POLICIES. THE FIRST POLICY IS KNOWN AS THE REPAYMENT POLICY AND IS DESIGNED TO REPAY THE CREDIT UNION THE AMOUNT OF THE LOAN PLUS INTEREST UPON THE DEATH OF THE INSURED. THE PURPOSE OF THE SECOND POLICY IS TO SUPPLEMENT THE EXECUTIVE'S RETIREMENT INCOME. DARRYL WORRELL RECEIVED A BENEFIT PAYOUT ($426,722) FROM HIS RETENTION AGREEMENT WITH ENVISION CREDIT UNION. THE BENEFIT WAS FULLY ACCRUED BY ENVISION CREDIT UNION. PAYMENT OCCURED DURING APRIL 2025. THE EARNINGS WERE REPORTED BY ADDITION FINANCIAL CREDIT UNION VIA FORM 1099-MISC. THIS COMPENSATION IS INCLUDED IN TOTAL COMPENSATION REPORTED IN PART VII. LOANS TO MEMBERS 2025-10-01 546079046 INDEPENDENT THIRD PARTY VALUATION 590678236 ADDITION FINANCIAL CREDIT UNION 1000 PRIMERA BLVD LAKE MARY FL 32746 501(C)(14) CASH AND CASH EQUIVALENTS 2025-10-01 64097277 INDEPENDENT THIRD PARTY VALUATION 590678236 ADDITION FINANCIAL CREDIT UNION 1000 PRIMERA BLVD LAKE MARY FL 32746 501(C)(14) INVESTMENTS 2025-10-01 110895273 INDEPENDENT THIRD PARTY VALUATION 590678236 ADDITION FINANCIAL CREDIT UNION 1000 PRIMERA BLVD LAKE MARY FL 32746 501(C)(14) PROPERTY AND EQUIPMENT 2025-10-01 33111103 INDEPENDENT THIRD PARTY VALUATION 590678236 ADDITION FINANCIAL CREDIT UNION 1000 PRIMERA BLVD LAKE MARY FL 32746 501(C)(14) OTHER ASSETS 2025-10-01 48306893 INDEPENDENT THIRD PARTY VALUATION 590678236 ADDITION FINANCIAL CREDIT UNION 1000 PRIMERA BLVD LAKE MARY FL 32746 501(C)(14) 1 1 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: CASSANDRA GRAYSON, CHRISTOPHER SMALL, AND CHANDLER BAGGETT DARRYL WORRELL, HOLLIE MADDOX, RUTH ELLEN CALDWELL, MELISSA HEWETT, MINDY DESHERLIA, AMBER STEPHENS, AND WILLIAM ROGERS PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: CASSANDRA GRAYSON, CHRISTOPHER SMALL, AND CHANDLER BAGGETT BECAME MEMBERS OF THE BOARD OF DIRECTORS FOR ADDITION FINANCIAL CREDIT UNION.THE BELOW-LISTED ENVISION EMPLOYEES BECAME EMPLOYEES OF ADDITION FINANCIAL CREDIT UNION. THEIR POSITIONS AT ADDITION FINANCIAL CREDIT UNION ARE PROVIDED BELOW AS WELL.DARRYL WORRELL - SENIOR VICE PRESIDENT STRATEGIC ADVISORHOLLIE MADDOX - SENIOR VICE PRESIDENT OF DIGITAL MEMBER SERVICESRUTH ELLEN CALDWELL - REGIONAL DIRECTOR OF RETAIL OPERATIONSMELISSA HEWETT - RESIDENTIAL LENDING MANAGERMINDY DESHERLIA - DIRECTOR OF VIRTUAL SERVICESAMBER STEPHENS - DIRECTOR OF ENTERPRISE RISK MANAGEMENT WILLIAM ROGERS - SENIOR NETWORK ADMINISTRATOR FORM 990, PART III, LINE 3 FOLLOWING REGULATORY APPROVAL AND A VOTE BY THE MEMBERS OF ENVISION CREDIT UNION ON SEPTEMBER 12, 2025, ENVISION CREDIT UNION MERGED ITS ASSETS INTO ADDITION FINANCIAL CREDIT UNION EFFECTIVE OCTOBER 1, 2025. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS OF ENVISION CREDIT UNION WILL CONTINUE UNDER ADDITION FINANCIAL CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 3 BOB DOBY JR. OF DJ CONSULTING, INC. PERFORMED THE FUNCTION OF INTERIM CFO FOR THE CREDIT UNION DURING 2025. IN HIS ROLE AS INTERIM CFO, BOB OVERSAW THE ACCOUNTING AND FINANCIAL REPORTING FUNCTIONS. BOB RECEIVED COMPENSATION OF $164,715 FOR SERVICES PERFORMED FOR ENVISION CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 4 ENVISION CREDIT UNION MERGED ITS ASSETS INTO ADDITION FINANCIAL CREDIT UNION EFFECTIVE OCTOBER 1, 2025. CREDIT UNION DEPOSIT AND LENDING SERVICES FOR THE FORMER MEMBERS OF ENVISION CREDIT UNION WILL CONTINUE UNDER ADDITION FINANCIAL CREDIT UNION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION MEMBERSHIP MAY PARTICIPATE IN THE ELECTION OF OFFICIALS. EACH MEMBER HAS ONLY ONE VOTE; IT IS NOT POSSIBLE FOR A SINGLE MEMBER TO ELECT A MEMBER TO THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE CREDIT UNION HAVE THE RIGHT TO APPROVE THE GOVERNING BODY'S ELECTION AND REMOVAL OF MEMBERS OF THE GOVERNING BODY, AS WELL AS OTHER MATTERS THAT ARE SUBJECT TO THE APPROVAL OF MEMBERS OF THE CREDIT UNION AS THEY OCCUR. FOLLOWING REGULATORY APPROVAL, THE MERGER OF ENVISION CREDIT UNION INTO ADDITION FINANCIAL CREDIT UNION WAS APPROVED BY MEMBERS OF ENVISION CREDIT UNION VIA A SPECIAL VOTE WHICH OCCURRED ON SEPTEMBER 12, 2025. FORM 990, PART VI, SECTION B, LINE 11B WHEN THE FORM 990 HAS BEEN COMPLETED BY THE CPA FIRM AND RECEIVED BY ENVISION CREDIT UNION, IT IS REVIEWED FIRST BY THE CFO FOR ACCURACY, THEN BY THE CEO AND LATER BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CREDIT UNION'S OFFICER, DIRECTOR, AND EMPLOYEE POLICIES REGARDING CONFLICTS OF INTEREST ARE ADDRESSED IN THE RELATED POLICIES. FORM 990, PART VI, SECTION B, LINE 15 IT IS THE POLICY OF THE CREDIT UNION TO PAY COMPENSATION THAT IS NON-DISCRIMINATORY AND COMPETITIVE. HOWEVER, ALL COMPENSATION POLICY DECISIONS MUST TAKE INTO CONSIDERATION, ENVISION CREDIT UNION'S OVERALL FINANCIAL CONDITION AND COMPETITIVE POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON THE NCUA WEBSITE, VIA THE QUARTERLY 5300 FILING. FORM 990, PART IX, LINE 24E MISC. EXPENSE 1,339,741. ATM/DEBIT VISA NETWORK COSTS 671,174. REAL ESTATE/TANGIBLE TAXES 277,619. FRAUD LOSSES 210,139. ATM/DEBIT MISC LOSSES 172,748. NCUA ASSESSMENT 153,438. EDUCATION 60,111. CASH OVER/SHORT 35,846. OREO 13,329. FORM 990, PART XI, LINE 9: BOOK VALUE OF NET ASSETS (INCLUSIVE OF MEMBER DEPOSITS) TRANSFERRED TO ADDITION FINANCIAL CREDIT UNION AS A RESULT OF A MERGER -62,945,690. 1ST MEMBER INSURANCE GROUP 303 EAST WASHINGTON STREET CHATTAHOOCHEE FL 32324 141925692 INSURANCE & FINANCIAL PLAN FL -5407 221286 ENVISION CREDIT UNION IDRIVE LENDING LLC 2806 SHARER ROAD TALLAHASSEE FL 32312 461603351 INDIREDCT AUTO LENDING FL RELATED 86 0 0 0.33400 UNITED SOLUTIONS COMPANY PO BOX 5496 TALLAHASSEE FL 32314 592285914 CU SERVICES FL C 727788 8437758 0.67790 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 UNITED SOLUTIONS COMPANY M 1860220 ACTUAL DATA PROCESSING EXPENSE UNITED SOLUTIONS COMPANY A 239321 ACTUAL INTEREST EARNED ON LOAN UNITED SOLUTIONS COMPANY D 4352733 PRINCIPAL BALANCE ON LOAN TO USC UNITED SOLUTIONS COMPANY S 1516386 USC DEPOSITS AT ENVISION CU FORM 990, SCHEDULE R, PART III ENVISION CREDIT UNION DIVESTED FROM IDRIVE LENDING, LLC IN THE BEGINNING OF 2025. FORM 990, SCHEDULE R, PART V TRANSACTIONS AND BALANCES RELATED TO ENVISION'S RELATIONSHIP WITH UNITED SOLUTIONS COMPANY WERE TRANSFERRED TO ADDITION FINANCIAL CREDIT UNION IN THE MERGER.