2024-05-10T15:02:39-07:00 2023-12-31 990 2023-01-01 756013707 PRESTIGE COMMUNITY CREDIT UNION PRES 9727154444 15203 Knoll Trail Suite 101 Dallas TX 75248 Sammy Shanafelt CEO 9727743120 2024-05-10 Sammy Shanafelt 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z Sammy Shanafelt 15203 Knoll Trail Suite 101 Dallas TX 75248 7572443 0 X www.prestigecu.org X Cooperative 1936 TX The credit union is a cooperative thrift institution and is a member of the National Credit Union Administration. The credit union provides saving, retirement services, and loans to its members. 7 7 0 7 19212 -619 0 0 6175016 7209619 167217 362824 0 0 6342233 7572443 0 0 0 0 2030029 2296909 0 0 0 3407076 5424815 5437105 7721724 905128 -149281 128044460 127990938 117297452 117345339 10747008 10645599 Cooperative provider of credit union financial services 0 0 Prestige CU offers share accounts with advantages to all age groups. The credit union has 13,885 share accounts Prestige Credit Union offers checking accounts with various features. The credit union currently has 3657 checking accounts. Prestige Credit Union offers various loans that include automobile, RV, unsecured, credit card, home improvement, boats and share secured. The credit union currently has 5,186 loans. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 TX X Linda Thomas 9727154444 15203 Knoll Trail Suite 101 Dallas TX 75248 Sammy Shanafelt CEO 40 40 X X X 218402 0 0 Jason Mauldin Chariman 1 1 X 0 0 0 Brett Taylor Director 1 1 X 0 0 0 Rhonda Lane Audit/Secretary/Treasurer 1 1 X 0 0 0 Larry Hall Director 1 1 X 0 0 0 Ta Li Director 1 1 X 0 0 0 Kimberly Rotto Director 1 1 X 0 0 0 Bucky Pauling Vice Chairman 1 1 X 0 0 0 218402 0 0 1 0 1 0 0 0 Loan Interest 522291 5355561 5355561 0 0 Member Fees 522130 1365232 1365232 0 0 Other Operating Income 900099 488826 469614 19212 0 0 0 0 0 7209619 362824 362824 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7572443 7553231 19212 0 0 0 0 0 218402 0 1655936 58104 217953 146514 320570 436942 1030438 0 402926 34949 2096361 11159 61 Loan Servicing 159365 Provision Loan Loss 802318 Misc Operating Expense 129726 7721724 0 0 0 1463718 1300981 12936851 15952468 105691087 102786333 5583078 2729463 3009851 2853615 1678935 1667088 52305 54905 3211713 3375548 128044460 127990938 2586667 2083628 114710785 115261711 117297452 117345339 X 0 0 0 0 10747008 10645599 10747008 10645599 128044460 127990938 X -149281 28450 0 19422 0 0 X 0 1 0 0 901524 0 901524 1960229 0 308911 1651318 747060 0 747060 0 1974265 0 1673492 300773 0 0 0 0 2853615 Total Shares & Deposits 115261711 115261711 0 0 0 Sammy Shanafelt CEO 202580 0 11900 0 3922 0 0 0 0 0 218402 0 0 0 Form 990, Part VI, Section B, Line 11b A copy of the 990 form was completed by the CEO and submitted to the Account Manager for review Form 990, Part VI, Section B, Line 12c The credit union addresses conflicts of interest in personnel policy Form 990, Part VI, Section B, Line 15 The CEO Salary is reviewed and approved by the board of directors. The performance of the credit union is factored into the amount of salary that is paid. The salary amount is compared to other CEO's based on a salary survey conducted by the Cornerstone Credit Union League. Management salaries are increases are based upon budgeted salary increase amount and the performance of the manager during the previous year. Their salary is also compared to the Cornerstone Credit Union salary range for their position. Form 990, Part VI, Section C, Line 19 Financial statements were provided in the credit union lobby, website and annual meeting. Form 990, Part XI, Line 9 Other Compensation Income and Accumulated gains(loss) on investment changes.