2024-05-10T10:58:18-07:00 2023-12-31 990 2023-01-01 750913075 EAST TEXAS PROFESSIONAL CREDIT UNION EAST 9033230230 5000 E George Richey Rd Longview TX 75605 Debbie Pearce SVP-Accounting Mgr 9033231201 2024-05-10 Debbie Pearce 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z Debbie Pearce 5000 E George Richey Rd Longview TX 75605 67204497 0 X www.etpcu.org X 1953 TX Financial Institution with a Community Charter to provide financial services to our membership. 11 0 435 11 29691 0 0 41940256 55587377 6826950 11429286 172787 187785 48939993 67204448 0 0 0 0 15319677 18636713 0 0 0 22232259 27878901 37551936 46515614 11388057 20688834 1179947147 1196894416 983362631 981042738 196584516 215851678 To be the financial institution of choice for our membership 0 0 1616187 39286619 ETPCU provides all types of consumer lending products including automobile (direct and indirect), boat, motorcycle, home mortgage, home equity, home improvement and HELOC's. All loans are granted using risk based pricing levels at highly competitive rates. 5634998 ETPCU requires a share account with a minimum balance of $5.00 to become a member. Our accounts pay rates that are competitive with other financial institutions in our area. With membership, all members have rights to all of our services which include checking accounts, term share certificates, loans internet banking and theme park tickets at discounted rates. 1169990 3109835 ETPCU has numerous checking account products including Advantage Checking which allows overdraft courtesy of up to $175. Most of our accounts are interest bearing and have little to no service fees. We also offer Money Market checking for those who can maintain a minimum balance of $1,000 and want to earn a higher rate of interest. 0 0 0 8421175 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 1 435 1 1 1 0 0 0 0 0 0 0 X 11 0 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X East Texas Professional CU 9033230230 5000 E George Richey Rd Longview TX 75605 W Byron Norton President 40 0 X 952047 0 0 John Griffin SRVP Lending 40 0 X 188059 0 0 Scot Haines SRVP Operations 40 0 X 178339 0 0 Deborah Pearce SRVP Accounting 40 0 X 154584 0 0 Keitha Nilsson SRVP Branch Operations 40 0 X 150771 0 0 Kerri Dalme SRVP Branch Operations 40 0 X 147738 0 0 Richard Martin VP Indirect Lending 40 0 X 107557 0 0 Meagan Staples VP HR Manager 40 0 X 103137 0 0 Kelly Evans VP Branch Operations 40 0 X 98855 0 0 Greg Jeffery VP Branch Operations 40 0 X 93892 0 0 Douglas Gonzales VP Information Technology 40 0 X 44659 0 0 2219638 0 0 8 0 1 0 Barbara Stewart PO Box 617 Lone Star TX 75668 Consultant 213536 0 0 Interest on Loans 522130 39286619 39286619 0 0 Member Charges and Fees 522130 16300758 16271067 29691 0 0 0 0 0 55587377 11400951 11400951 0 0 0 0 0 0 0 0 0 0 14400 0 0 0 14400 0 14400 14400 0 0 0 28384 0 49 0 28335 28335 28335 0 0 Neighborhood Financial Services 522130 173385 173385 0 0 0 0 0 0 173385 67204448 67174757 29691 0 X 0 0 0 0 2219638 0 12808406 495003 1996100 1117566 2205 16890 334446 0 0 62614 6380738 1145030 4113604 999556 0 2892092 23698 0 130880 0 0 1162656 290348 Loan Servicing 1616187 Shares and Deposits Dividends 6804988 Allowance for Credit Losses 1575388 327581 46515614 0 0 0 20059985 22013663 191994593 120538731 0 0 5378022 9240368 0 0 0 0 694265875 778441436 0 0 3490480 3296633 57417312 20795126 37048169 36622186 162771764 161285555 2242963 2183122 684677 62695296 62588045 1179947147 1196894416 20545561 23053335 0 0 0 0 0 0 0 0 0 0 0 0 0 0 962817070 957989403 983362631 981042738 X 0 0 0 0 196584516 215851678 196584516 215851678 1179947147 1196894416 X 20688834 -1366904 0 0 0 -54768 X 1 X 1 X 1 0 0 6367410 6367410 0 36012866 10161574 25851292 0 1033776 617660 416116 0 13255928 9515883 3740045 0 747332 500009 247323 36622186 COLI, BFB Split Dollar, and Misc Assets 62588045 62588045 0 Shares and Deposits 957989403 957989403 X X 1 0 X X X 0 1 0 W Byron Norton President 452047 0 50000 0 450000 0 0 0 0 0 952047 0 0 0 John Griffin SRVP Lending 161103 0 26956 0 0 0 0 0 0 0 188059 0 0 0 Scot Haines SRVP Operations 154280 0 25459 0 0 0 0 0 0 0 179739 0 0 0 Deborah Pearce SRVP Accounting 132619 0 21964 0 0 0 0 0 0 0 154583 0 0 0 Keitha Nilsson SRVP Branch Operations 128640 0 22131 0 0 0 0 0 0 0 150771 0 0 0 Kerri Dalme SRVP Branch Operations 127770 0 19968 0 0 0 0 0 0 0 147738 0 0 0 Richard Martin VP Indirect Lending 93290 0 14266 0 0 0 0 0 0 0 107556 0 0 0 Meagan Staples VP HR Manager 88333 0 14803 0 0 0 0 0 0 0 103136 0 0 0 Kelly Evans VP Branch Operations 84651 0 14204 0 0 0 0 0 0 0 98855 0 0 0 Greg Jeffery VP Branch Operations 81467 0 12425 0 0 0 0 0 0 0 93892 0 0 0 Douglas Gonzales VP Information Technology 44000 0 1757 0 0 0 0 0 0 0 45757 0 0 0 Schedule J, Part I, Line 1a Travel for companions to our annual Board Retreat is included. Monthly gym membership is also included for key employees. Schedule J, Part I, Line 4 The HCE received compensation from a 457 plan. Form 990, Part VI, Section A, Line 6 A $5.00 deposit to a savings account grants membership to the credit union. Form 990, Part VI, Section A, Line 7a A director of the Board serves a 3-year term and is voted in by the membership at the Credit Union's Annual Meeting. Form 990, Part VI, Section B, Line 11b No review is done by the Board of Directors; however, they reserve the right to do so at any time. The form is reviewed during our annual opinion audit by an outside accounting firm and is also reviewed during our annual State/Federal examination. Form 990, Part VI, Section B, Line 12c An Oath of Office is signed by each member of the Board of Directors and Senior Management every two years. Form 990, Part VI, Section B, Line 15 The Credit Union uses the CUNA Staff Salary Report and Balance Comp for Banks and Credit Unions to assist in the compensation process. The Board also obtains the CEO Salary Survey, usually once every 3 years, to aid in the evaluation. Form 990, Part VI, Section C, Line 18 The Credit Union makes these available upon written request. Form 990, Part VI, Section C, Line 19 The Credit Union makes these available upon written request. Form 990, Part IX, Line 11g Drug testing expense, statement processing expense, share draft expense, gift card expense, ATM expense and debit card expense. Form 990, Part XI, Line 9 Additional adjustment for the NETCU merger. Core merged on 4/1/23. Neighborhood Finanacial Services PO Box 6750 Longview TX 75608 204581436 Insurance TX 173385 796826 East Texas Professional CU