2024-05-14T17:13:33-04:00 2023-12-31 202711127 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2023-01-01 621092964 UPS EMPLOYEES CREDIT UNION UPSE 9013962132 1814 EAST BROOKS ROAD MEMPHIS TN 38116 BLAKE WOOD CEO/PRESIDENT 9013962132 2024-05-14 true BLAKE WOOD 990009999 false AMANDA ONKST P02387288 2054372176 2024-05-14 2023 2023-04-26 12:10:37Z BLAKE WOOD 1814 EAST BROOKS ROAD MEMPHIS TN 381163608 2671623 false X WWW.UPSCU.ORG X CREDIT UNION TN CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS. 5 5 11 5 0 0 1922610 2360021 101110 158677 111404 152925 2135124 2671623 0 0 742665 849950 0 0 788040 994672 1530705 1844622 604419 827001 37942626 41024503 30358279 32763156 7584347 8261347 CREDIT UNION - TO PROVIDE SERVICES FOR APPROXIMATELY 6,049 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 1621612 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 223010 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 1844622 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 false false false false false false false false false false false false false false false true X 1029 0 true 11 true false false false false false false false false X 5 5 false false false false true true true true true false false false true false true true true false false false TN X BLAKE WOOD 9013962132 1814 EAST BROOKS ROAD MEMPHIS TN 381163608 BLAKE WOOD CEO/PRESIDEN 40.00 X 106933 0 20850 KATHERINE CLARK BOARD SECRET 1.00 X 0 0 0 ROBERT WAYNE HOLOBAUGH BOARD CHAIRM 1.00 X 0 0 0 CHRIS HOPE BOARD MEMBER 1.00 X 0 0 0 JERRY THOMPSON BOARD VICE C 1.00 X 0 0 0 JOHN CHRIS WEAKS BOARD TREASU 1.00 X 0 0 0 106933 20850 1 false false false INTEREST ON LOANS 522291 2033994 2033994 FEE INCOME 522100 326027 326027 2360021 158677 158677 OTHER OPERATING INCOME 525990 152925 152925 152925 2671623 2671623 625613 625613 75086 75086 99536 99536 49715 49715 363052 363052 32373 32373 3600 3600 223010 223010 PROVISION FOR LOAN LOSSES 150000 150000 MISC OPERATING EXP 106957 106957 PROF & OUTSIDE SERVICES 49087 49087 LOAN SERVICING EXP 37920 37920 28673 28673 1844622 0 1844622 0 2199203 3909844 3732000 2884000 29518797 31705916 1577338 67475 902756 423590 498292 479166 91372 1637194 325624 340908 37942626 41024503 189914 272917 30168365 32490239 30358279 32763156 X 7584347 8261347 7584347 8261347 37942626 41024503 X 827001 -150001 X false false 120000 120000 513154 158942 354212 264648 264648 4954 4954 479166 REGULAR SHARES 24207395 ALL OTHER SHARES 5907032 SHARE DRAFTS 2375812 32490239 FORM 990, PAGE 1, PART I, LINE 6 HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS WITHOUT COMPENSATION. FORM 990, PAGE 5, PART V, LINE 3B THE CREDIT UNION HAD NO UNRELATED BUSINESS INCOME. FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS OWNED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP (ONE MEMBER, ONE VOTE). ALL DUTIES, POWERS, AND RESPONSIBILITIES ARE CONTROLLED BY THE BOARD OF DIRECTORS. THE MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING EVERY YEAR. FORM 990, PAGE 6, PART VI, LINE 7B SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE MANAGER REVIEWS THE FORM 990. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH. FORM 990, PART XI, LINE 9 DUE TO ROUNDING 0 DUE TO ROUNDING -1 ACCT ADJ - CECL -150,000 TOTAL -150,001