2024-05-06T17:06:01-07:00 2023-12-31 990 2023-01-01 370767426 BLAW KNOX CREDIT UNION BLAW 2172350698 215 South 17th Street Mattoon IL 61938 Dennis Camfield Chairman 6309832723 2024-05-03 Dennis Camfield 999009999 1 1 11 1 AAL2 2023 2023-04-26 12:10:37Z April Cizek 215 South 17th Street Mattoon IL 61938 574295 0 X www.bkcu.net X Cooperative 1957 IL To assist our members in the management of their financial well-being by providing loans, savings accounts and other financial institution services in a friendly and professional manner. 8 7 4 8 0 0 0 0 414502 494678 66432 79617 0 0 480934 574295 0 0 0 0 199923 216423 0 0 0 217862 272464 417785 488887 63149 85408 13520945 13618331 11310219 11336825 2210726 2281506 We are committed to provide better saving and lending products than you can achieve elsewhere. 0 0 Provided consumer loans to 500 members Received savings from 2,127 members 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 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 0 1 534 0 4 1 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Blaw Knox Credit Union 2172350698 215 South 17th Street Mattoon IL 61938 April Cizek Treasurer/Manager 45 X X 64384 0 7042 John Whitlock Supervisory Committee Chair 2.5 0 X 0 0 0 Dennis Camfield President 1.5 0 X X 0 0 0 William Landrus Vice President 2 0 X X 0 0 0 John McMillian Board Member 1 0 X 0 0 0 Tim Carter Secretary 1.5 0 X X 0 0 0 Nicolas Houser Board Member 1 0 X 0 0 0 Charles Rich Board Member 2 0 X 0 0 0 64384 0 7042 0 0 0 0 0 0 Income from Loans 522130 423209 423209 0 0 71469 71469 0 0 494678 79617 79617 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 574295 574295 0 0 64384 125757 7605 2033 16644 23712 3483 25524 24792 11194 25001 9931 Member Program and Service Fees 46288 Member Dividend 83232 Regulatory fees 7897 11410 488887 0 0 0 386488 596131 1724688 1868344 7205315 8100787 21933 17903 363486 171926 216560 191560 3854000 2731000 111961 112606 13520945 13618331 49643 62914 11260576 11273911 11310219 11336825 X 0 0 0 0 2210726 2281506 2210726 2281506 13520945 13618331 X 85408 0 0 0 0 -14628 X 0 0 0 32610 0 32610 298140 0 140769 157371 0 0 0 0 32736 0 31157 1579 0 0 0 0 191560 2731000 C 0 2731000 0 Shares held by members 11273911 11273911 Form 990, Part VI, Section A, Line 6 Any person who meets the membership eligibility requirements may join the credit union. Credit unions are owned and controlled by their members and share a common bond. Form 990, Part VI, Section A, Line 7a A volunteer board is elected by members at the credit union's annual meeting of members. Only members of the credit union may participate by voting in the board election process. Form 990, Part VI, Section B, Line 11b The Treasurer/Manager approves the form for online submission. The board of directors are furnished a copy of the completed Form 990. Form 990, Part VI, Section B, Line 12c The credit union is required, per the Illinois Credit Union Act, to appoint a Supervisory Committee who is responsible for monitoring internal controls, enforcing policy compliance and evaluating the safety and soundness of the credit union. Form 990, Part VI, Section B, Line 15 The credit union board of directors evaluates, discusses and determines the salary for the Treasurer/Manager. Form 990, Part VI, Section C, Line 19 Documents are available upon request. Financial statements are posted in the credit union lobby on a monthly basis. Form 990, Part XI, Line 9 Represents a One-time Adjustment to Undivided Earnings pursuant to the Current Expected Credit Losses (CECL) accounting standard.