2024-10-04T10:03:03-07:00 2023-12-31 760597386 DONALD R BOND CPA PO Box 300671 HOUSTON TX 77230 990 2023-01-01 740695230 PRIORITY TRUST CREDIT UNION PRIO 7139706273 9998 Almeda Genoa Rd Houston TX 77075 Malcolm Renee President and CEO 7139706273 2024-09-22 true true Donald R Bond P00040254 7136519300 2024-10-04 X 2023 2024-10-15 13:58:12Z Malcolm Renee 9998 Almeda Genoa Rd Houston TX 77075 13776593 false X N/A X 1929 TX To provide banking and loan services to members in order to invest in people and improve lives. 11 11 101 0 0 0 1230322 591687 13339308 11968339 608697 1216567 0 15178327 13776593 0 0 5201057 5594234 0 0 9501035 7785976 14702092 13380210 476235 396383 196739060 189539846 8046922 5671940 188692138 183867906 X To provide banking and loan services to members in order to invest in people and improve lives. false false 736087 233553 Share Accounts: Share accounts are offered to members and pay monthly dividends. Access if offered through branch locations, internet, ATMs, and telephone. Special accounts designed for children and adolescents encourage development of consistent savings habit. 553510 684696 Checking Accounts: Checking accounts are offered to members and generally pay monthly dividends. Access if offered through branch locations, internet, ATMs, and telephone. Free debit cards are offered and on-line and mobile banking features are provided. 5699614 591687 7606164 Consumer Loans: Consumer loans are offered to members for autos, recreational vehicles, home equity, credit card, and personal loans. Consumer life and disability insurance are available on any of these products. Other services offered to members are mortgage loans, money orders, cashiers checks and wire transfers. 6989211 false false false false false false false false false true true false true true false false true false false false false false false false false false false false true false true false false false false false false false false false true false false false true 0 0 false 101 true false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false Malcolm Renee 7139706200 9998 Almeda Genoa Houston TX 77075 Malcolm Rene CEO 40.00 X 210086 0 0 Daniel Caldwell CFO 40.00 X 130729 0 0 Wendell Greanleaf Chairman 1.00 X 6000 0 0 Ed Martindale Vice-Chair 1.00 X 6000 0 0 Roderick Newman Secretary 1.00 X 6000 0 0 Margaret Glass Treasurer 1.00 X 6000 0 0 Mary Watson Parlimentarian 1.00 X 6000 0 0 Charles Charleston Secretary 1.00 X 6000 0 0 John Glenn Director 1.00 X 6000 0 0 Edward Johnson Director 1.00 X 6000 0 0 Gayle Reed Director 1.00 X 6000 0 0 Chuck Richard Director 1.00 X 6000 0 0 Debra Pruitt Director 1.00 X 6000 0 0 Gina Goosby Director 1.00 X 6000 0 0 Vic Ayres Director 1.00 X 6000 0 0 418815 0 0 2 false true false 591687 591687 Interest on loans to members 522291 7205293 0 0 Non-interest income 900099 4763046 0 0 11968339 1216567 0 0 13776593 13184906 0 0 422065 0 422065 0 3308866 0 3308866 0 970617 0 970617 0 604816 0 604816 0 287870 0 287870 0 6480 0 6480 0 3724 0 3724 0 92576 92576 0 0 1480703 1480703 0 0 412178 412178 0 0 755524 755524 0 0 86417 0 86417 0 57612 21500 36112 0 767020 767020 0 0 488397 0 488397 0 146837 0 146837 0 Loan Servicing 433165 433165 0 0 Provision for loan losses 665000 665000 0 0 Debit Card Operations 428772 428772 0 0 Other operating expenses 763220 763220 0 0 1198351 1169553 28798 0 13380210 6989211 6390999 0 4860364 3634220 1457984 1371725 142041136 135271921 9700555 10027570 9319271 1718488 7909595 7600783 23606312 24187298 7163114 7446329 196739060 189539846 91729 103007 7955193 5568933 8046922 5671940 X 18694461 18708628 169997677 165159278 188692138 183867906 196739060 189539846 396383 X false true true false 2313245 2313245 4630445 280950 4349495 449888 121202 328686 1010444 679377 331067 915249 636959 278290 7600783 Investment in banks & cus 13441000 C Member capital share 291997 C CUSO Investment 596153 C Other investments 9858148 C 24187298 NCUSIF and Other Assets 6771109 Other receivacles 675220 7446329 Share draft dividends accounts 46023 Regular shares 0 Other shares and deposits 0 Kasasa Savers 0 Negative shares 0 Catalyst LOC 0 IRA withholdings 0 Accrued expenses 0 Other liabilities 5522910 5568933 false false false Malcolm Rene 210086 0 0 0 9600 0 0 0 0 0 219686 0 0 0 Pt I Line 1a Discretionary use of an approved credit card. Pt I Line 3 HRN Performance Company is used to determine compensation. Charles Charleston Director Line of Credit X 7370 3772 false true true Charles Charleston Director New Vehicle Loan X 31000 26926 false true true Charles Charleston Director New Vehicle Loan X 49741 33221 false true true Cheryl B Greenleaf Director New Vehicle Loan X 25000 0 false true true Gail M Reed Director CD Secured Loan X 100000 0 false true true Gail M Reed Director CD Secured Loan X 100175 0 false true true Margaret Glass Director 2015 Cadilac XTS X 33500 0 false true true Eddie Martindale III Key Employee New Vehicle Loan X 41024 0 false true true Gail M Reed Director New Vehicle Loan X 21544 0 false true true Edward Johnson Director Signature X 7000 0 false true true Eric Dargan Vice Chair Signature X 50000 0 false true true Eric Dargan Vice Chair Credit Card X 10000 0 false true true Roderick Newman Secretary Auto X 36483 10044 false true true Roderick Newman Secretary Mortgage X 0 197929 false true true Roderick Newman Secretary Signature X 3000 2553 false true true Debra Pruitt Director LOC X 5017 0 false true true Gina Goosby Director Auto X 27175 0 false true true Gina Goosby Director Auto X 35032 12376 false true true Gina Goosby Director LOC X 1008 8201 false true true Gina Goosby Director Mortgage X 0 140497 false true true 435519 Pt VI, Line 11b The 990 tax return is prepared by outside CPA, reviewed by AVP of Accounting, President and CEO. Pt VI, Line 12c Monitored by Board, management and internal audit. Pt VI, Line 15a Formal appraisal and performance evaluations are conducted annually for President and CEO. Senior level officers are evaluated by individuals immediate supervisor. Salary ranges are validated annually by a third party based on the organizations size and product complexity. Pt VI, Line 15b See 15a above. Form 990, Part III, Line 4d Other services offered to members are mortgage loans, First Class Financial Services 9998 Almeda Genoa Rd Houston TX 77075 740665741 Financial Services TX Yes C 291241 619935 1.00000 false true false false false false false false false false false false false false true true false true false false First Class Financial Services a,n,o 124504 allocation