2024-05-14T14:03:07-05:00 2023-12-31 990 2023-01-01 030213165 GREEN MOUNTAIN CREDIT UNION % JOHN E ST HILAIRE GREE 8028646892 1250 SHELBURNE ROAD SOUTH BURLINGTON VT 054037783 JOHN E ST HILAIRE CFO 8028646892 2024-05-14 JOHN ST HILAIRE XXX-XX-XXXX false 1 AAL2 IAL1 2023 2023-04-26 12:10:37Z ROBERT J LAKE 1250 SHELBURNE ROAD South Burlington VT 054037783 7112683 false X www.greenmountaincu.com X 1959 VT A NOTFORPROFIT FULL SERVICE FINANCIAL INSTITUTION PROVIDING MEMBERS WITH USEFUL COMPETITIVE AND EFFICIENTLY DELIVERED FINANCIAL SERVICES 5 4 36 7 6138 0 5161400 6657059 45028 323910 525528 0 5731956 6980969 0 0 1228963 1862614 0 0 2211794 3423846 3440757 5286460 2291199 1694509 96882012 100167949 85816754 87416386 11065258 12751563 TO PROVIDE COMPETITIVE MEMBER SERVICES IN A CONVENIENT, TIMELY, AND PROFESSIONAL MANNER UTILIZING SOUND MANAGEMENT PRACTICES false false 1620541 6155512 MAINTENANCE OF MEMBER SHARE AND DEPOSIT ACCOUNTS. NUMBER OF ACCOUNTS IS 8502 6155512 MAINTENANCE OF MEMBER LOAN ACCOUNTS. NUMBER OF ACCOUNTS IS 2,752 1620541 false false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false true false false false true false false false false false false false false true 1384 0 false 36 true true true false false false false false false false false X 5 4 false false false false true true true true true false true true false true true true true true true true false X X JOHN E ST HILAIRE 8028646892 1250 SHELBURNE ROAD SOUTH BURLINGTON VT 054037783 ROBERT J LAKE CEOTREASURER 40.00 X X 197040 0 9852 STEPHANIE STRUBLE VP OF COMPLIANCE 40.00 X 134240 0 16694 JOHN E ST HILAIRE CFO 40.00 X 126563 0 0 PATRICIA J ROBBINS VP OF MORTGAGE LENDING 40.00 X 94493 0 1875 TANYA B MOORE VP OF OPERATIONS 40.00 X 79892 0 3995 MARK A SHEPARD VP OF BUSINESS LENDING 40.00 X 74884 0 14977 DAVID BLYTHE CHAIRMAN 8.000 X 0 0 0 JOHN KING VICE CHAIRMAN 8.000 X 0 0 0 TIANA SMITH SECRETARY 8.000 X 0 0 0 LINN CAROLEO DIRECTOR 8.000 X 0 0 0 707112 47393 3 false true false LOAN INTEREST INCOME 522100 6155512 6155512 DEBIT CARD INTERCHANGE 522100 207480 207480 FEES SERVICE CHARGES 522100 188564 187346 1218 VISA INCOME 522100 59681 59681 MORTGAGE ORIGINATION 522100 35778 35778 10044 5124 4920 6657059 320624 320624 135000 131714 3286 3286 3286 0 6980969 6974831 6138 X 707112 839103 46761 151343 118295 2754 53567 60182 199274 120468 330213 28757 21708 1620541 123007 45707 PROVISION FOR LOAN LOSS 366121 DEBIT CARD EXPENSE 147971 PROFESSIONAL/OUTSIDE SVCS 93853 VISA EXPENSE 92275 117448 5286460 0 0 0 555221 511704 8736243 9721778 476848 226556 84815362 84862784 63439 79585 2258874 1485857 758721 773017 51500 235437 235437 1240741 3705588 96882012 100167949 366974 2732446 85449780 84683940 85816754 87416386 X 11065258 12751563 11065258 12751563 96882012 100167949 1694509 -8204 X X false true X true false false false false false false false false 1107375 562229 545146 1151499 923628 227871 773017 FHLB BOSTON STOCK 51500 C 51500 OTHER ASSETS 2461854 NCUSIF CAPITALIZATION DEP 800502 ACCRUED INCOME ON LOANS 443232 3705588 MEMBER SHARES DEPOSITS 77689556 NONMEMBER DEPOSITS 6996000 SUSPENSE CLEARING ACCTS -1616 84683940 X 6980970 6980970 6980970 5286460 5286460 1 1 5286461 P10, Ln 2 THE CREDIT UNION IS EXEMPT FROM FEDERAL AND STATE TAXES AS AN ORGANIZATION P10, Ln 2 ORGANIZED UNDER INTERNAL REVENUE CODE 501(c)(14) P12, Ln 4b ROUNDING X true true X false false false false false false false false false ROBERT J LAKE CEOTREASURER 164540 32500 9852 206892 STEPHANIE STRUBLE VP OF COMPLIANCE 124240 10000 16694 10132 161066 JOHN E ST HILAIRE CFO 106563 20000 17557 144120 PATRICIA J ROBBINS VP OF MORTGAGE LENDING 89493 5000 1875 16201 112569 TANYA B MOORE VP OF OPERATIONS 74892 5000 3995 7516 91403 MARK A SHEPARD VP OF BUSINESS LENDING 69884 5000 14977 5774 95635 DAVID BLYTHE CHAIRMAN JOHN KING VICE CHAIRMAN TIANA SMITH SECRETARY LINN CAROLEO DIRECTOR Part I, Line 3 false false false false false false LOANS FROM false false false CREDIT UNION false false false MADE ON THE false false false SAME TERMS AS false false false OFFERED TO false false false MEMBERS false false false false false false false false false false false false false false false ROBERT LAKE CEO 1550299 RENT false JOHN KING VICE CHARIMAN 78235 IT EQUIPMENT & SVCS false false false false false false false false false PART IV, LINE 1 PART IV, LINE 2 Part VI Line 11b SEE SUPPLEMENTAL INFORMATION Part VI Line 18 INFORMATION IS AVAILABLE UPON WRITTEN OR ELECTRONIC REQUEST Part VI Line 19 INFORMATION IS AVAILABLE UPON WRITTEN OR ELECTRONIC REQUEST PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS: PERSONS WHO MEET THE REQUIREMENTS OF THE PART VI, LINE L FIELD OF MEMBERSHIP AND WHO HOLD AT LEAST ONE SHARE OF CAPITAL PART VI, LINE 7a THE MEMBERS OF THE ORGANIZATION MAY ELECT THE GOVERNING BODY PART VI, LINE 7b MERGERS AND ACQUISITIONS PART VI, LINE 12c EACH MEMBER OF THE BOARD OF DIRECTORS SIGNS AN ANNUAL DISCLOSURE CERTIFYING PART VI, LINE 12c THAT THERE WERE NO INSTANCES OF CONFLICT OF INTEREST PART VI, LINE 15a ANNUAL WRITTEN REVIEWS. COMPENSATION IS BASED ON PERFORMANCE AND INCREASES PART VI, LINE 15a ARE BASED ON THE ANNUAL BUDGET ALLOWANCE AND COMPARED TO SYSTEM GENERATED PART VI, LINE 15a FACTS, POLICIES, AND FINANCIALS. COMPENSATION IS APPROVED BY THE BOARD. PART VI, LINE 15b ANNUAL WRITTEN REVIEWS. COMPENSATION IS BASED ON PERFORMANCE AND INCREASES PART VI, LINE 15b ARE BASED ON THE ANNUAL BUDGET ALLOWANCE AND COMPARED TO SYSTEM GENERATED PART VI, LINE 15b FACTS, POLICIES, AND FINANCIALS. COMPENSATION IS APPROVED BY THE BOARD. PART IX, LINE 24e LOAN SERVICING 46,394 PART IX, LINE 24e MISCELLANEOUS EXPENSE 39,429 PART IX, LINE 24e ASSOCIATION DUES 27,932 PART IX, LINE 24e MEMBER DOCUMENTS & SERVICES 3,693 PART XII, LINE 2c THE SUPERVISORY COMMITTE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT