2024-04-29T20:42:48-04:00 2023-12-31 202711127 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2023-01-01 620328550 PATRIOT EQUITY CREDIT UNION PATR 7316681155 1450 UNION UNIVERSITY DRIVE JACKSON TN 38305 FARA HALL CEO 7316681155 2024-04-29 true FARA HALL 990009999 false AMANDA ONKST P02387288 2054372176 2024-04-29 2023 2023-04-26 12:10:37Z FARA HALL 1450 UNION UNIVERSITY DRIVE JACKSON TN 38305 2566656 false X WWW.PECUJAX.ORG X CREDIT UNION 1929 TN CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS. 7 7 14 7 0 0 1794954 2364048 85834 144596 109819 58012 1990607 2566656 0 0 589902 688123 0 0 1017856 1725551 1607758 2413674 382849 152982 38255500 40959973 33688779 36740269 4566721 4219704 CREDIT UNION - TO PROVIDE SERVICES FOR APPROXIMATELY 2,678 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 1770678 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 642996 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 2413674 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 414 0 true 14 true false false false false false false false false X 7 7 false false false false true true true true true false false false true false false true true true false false TN X FARA HALL 7316681155 1450 UNION UNIVERSITY DRIVE JACKSON TN 38305 FARA HALL CEO 40.00 X 104451 0 4726 DANNY CROSSETT BOARD PRESID 1.00 X 0 0 0 MATTHEW DENTON BOARD VICE P 1.00 X 0 0 0 WILL KING BOARD TREASU 1.00 X 0 0 0 JANINE DUNLAP BOARD SECRET 1.00 X 0 0 0 BRAD DENTON BOARD MEMBER 1.00 X 0 0 0 ANGELA SNIDER BOARD MEMBER 1.00 X 0 0 0 AMY MORRIS BOARD MEMBER 1.00 X 0 0 0 104451 4726 1 false false false INTEREST ON LOANS 522100 2084749 2084749 FEE INCOME 525990 279299 279299 2364048 144596 144596 OTHER OPERATING INCOME 525990 124991 124991 GAIN/LOSS DISPOS FIXED ASSETS 525990 -66979 -66979 58012 2566656 2566656 597998 597998 9589 9589 35868 35868 44668 44668 159917 159917 90597 90597 27662 27662 643487 643487 PROF & OUTSIDE SERVICIES 380858 380858 PROVISION FOR LOAN LOSS 270000 270000 LOAN SERVICING EXP 74583 74583 MISC OPERATING EXP 40795 40795 37652 37652 2413674 0 2413674 0 1044690 2091512 4248000 3749000 30024058 32077848 273992 312678 2925853 862760 2067650 2063093 203194 203194 393916 462648 38255500 40959973 214385 186201 33474394 36554068 33688779 36740269 X 1700000 1700000 2866721 2519704 4566721 4219704 38255500 40959973 X 152982 -499999 X false false 1088100 1088100 1330677 481403 849274 507076 381357 125719 2063093 ALL OTHER SHARES 14749641 REGULAR SHARES 13644588 SHARE DRAFTS 5322149 NON-MEMBER DEPOSITS 2837690 36554068 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 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 IS AVAIABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS USE THE CUNA COMPENSATION SURVEY FOR SMALL CREDIT UNIONS. 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 1 ACCT ADJ - CECL -500,000 TOTAL -499,999