2025-04-17T14:43:08-07:00 2024-12-31 990 2024-01-01 340718981 471 ANTIOCH CREDIT UNION INC 471A 2164218885 8629 Cedar Avenue Cleveland OH 44106 Larry Wagner President - Board of Directors 2169262371 2025-04-17 1 2024 2025-03-06 01:10:19Z CREDIT UNION ALICIA GREEN 8629 CEDAR AVENUE CLEVELAND OH 44146 101731 0 X X 1947 OH THE CREDIT UNION PROVIDES SERVICES TO QUALIFIED MEMBERS 11 11 0 11 0 0 0 0 39200 43074 59318 58657 0 0 98518 101731 0 0 0 0 24992 25694 0 0 0 66879 69251 91871 94945 6647 6786 3314318 3146132 2387728 2212756 926590 933376 PROVIDES LENDING, SAVINGS AND OTHER SERVICES TO ITS QUALIFIED MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE WITH A "SERVICE BASED EMPHASIS" THAT RECOGNIZE THE MEMBER STATUS AS"OWNERS" 0 0 DIVIDENDS AND INTEREST PAID TO MEMBERS ON APPROXIMATELY 997 DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 738 MEMBERS. DIRECT LABOR AND EMPLOYEE BENEFIT COSTS INCURRED PROVIDING SAVINGS DEPOSIT SERVICES, ORIGINATION OF LOANS AND SERVICING OF LOAN PORTFOLIO ACTIVITY FOR MEMBERS. DATA PROCESSING COSTS INCURRED RECORDING MEMBER ACCOUNT ACTIVITY AND PROVIDING ACCESS TO MEMBERS TO THEIR ACCOUNTS VIA ATM NETWORKS AND IN PERSON AT THE CREDIT UNION OFFICE. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 X 11 11 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 ALICIA GREEN 2164218885 8629 Cedar Avenue Cleveland OH 44106 ALICIA GREEN TREASURER MANAGER 26 0 X 16900 0 0 LARRY WAGNER PRESIDENT 6 X 0 0 0 JUANITA GLYMPH VICE PRESIDENT 3.5 0 X 0 0 0 ROBERT SMEDLEY 2ND VICE PRESIDENT 1.5 0 X 0 0 0 BARBARA MOORE SECRETARY 0.5 0 X 0 0 0 MARVIN HALE DIRECTOR 3 0 X 0 0 0 EDNA WILLIAMS DIRECTOR 3.5 0 X 0 0 0 DORETHA GRANT DIRECTOR 4 0 X 0 0 0 LONNIE CARMICLE DIRECTOR 2 0 X 0 0 0 GLORIA MATTHEWS DIRECTOR 1 0 X 0 0 0 BERNARD BUTLER DIRECTOR 2 0 X 0 0 0 16900 0 0 0 0 0 0 0 0 PROGRAM SERVICE REVENUE 522130 43074 43074 0 0 0 0 0 0 43074 58657 58657 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 101731 101731 0 0 16900 6656 336 1802 30527 3768 OTHER EXPENSES 34956 94945 0 0 0 253479 321585 0 0 0 0 414644 460301 245724 212735 35409 32989 502147 617778 2093561 1697306 15078 16173 3314318 3146132 569 1486 0 0 0 0 2387159 2211270 2387728 2212756 X 0 0 0 0 926590 933376 926590 933376 3314318 3146132 6786 0 0 0 0 0 X 0 0 0 0 7595 7595 0 99934 79896 20038 0 0 0 0 0 138195 132839 5356 0 0 0 0 32989 SMITH BARNEY 55195 C JP MORGAN CHASE 262583 C FEDERAL HOME LOAN BANK 200000 C FEDERAL FARMER'S CR BANKS 100000 C 617778 DEPOSITS IN COMMERCIAL BANKS 500000 C DEPOSITS IN CORPORATE ONE CREDIT UNION 1139354 C ASI PAID-IN-CAPITAL 31033 C CORPORATE ONE CAPITALIZATION 26919 C 1697306 0 SHAREHOLDER MEMBER SAVINGS 2211270 2211270 Form 990, Part VI, Section A, Line 6 THE CREDIT UNION IS COMPRISED OF A SINGLE CALL ON APPROXIMATELY 733 MEMBER OWNERS EACH WHICH HAS EQUAL RIGHTS IN OWNERSHIP, GOVERNANCE AND VOTING RIGHTS AT THE ANNUAL MEETINGS WITH EXCEPTION OF THE MEMBER OWNERS ELECTED TO THE BOARD OF DIRECTORS. Form 990, Part VI, Section A, Line 7a MEMBER OWNERS OF THE CREDIT UNION HAVE THE AUTHORITY TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS FOR THREE YEARS ON A ROTATING BASIS. THE CANDIDATES ARE ELECTED BY A SINGLE PLURALITY VOTE. THE BOARD OF DIRECTORS APPOINT VOLUNTEERS TO SERVE ON THE SUPERVISORY COMMITTEE, WHICH IS VESTED WITH MONITORING SAFETY AND SOUNDNESS OF THE ORGANIZATION. IF DEEMED APPROPRIATE THE SUPERVISORY AUDIT COMMITTEE WILL CALL A SPECIAL MEETING OF THE MEMBERSHIP TO EVALUATE THE ISSUE AND VOTE TO EITHER DISMISS OR REINSTATE THE BOARD. Form 990, Part VI, Section B, Line 11b PRIOR TO BEING FILED WITH THE IRS, A COPY OF THE IRS FORM 990 AND RELATED SCHEDULES ARE REVIEWED BY THE BOARD PRESIDENT, INCLUDING A CONFIRMATION OF THE ACCURACY OF EVERY ANSWER AND OVERSIGHT OF APPROPRIATE CHANGES UPON COMPLETION OF THE PRESIDENT'S REVIEW. THE FORMS ARE VOTED ON AT A BOARD MEETING PRIOR TO SUBMITTIG TO THE IRS. Form 990, Part VI, Section B, Line 12c TRANSACTIONS INVOLVING THE CONFLICT OF INTEREST IF TRANSACTIONS APPEARS TO LACK ARMS-LENGTH, EITHER TO THE DETRIMENT OF THE CREDIT UNION ON THE UNFAIR ADVANTAGE OF THE BOARD MEMBER, THEN LEGAL REMEDIES WILL BE CONSIDERED. Form 990, Part VI, Section C, Line 18 THE CREDIT UNION BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AFE AVAILABLE TO THE PUBLIC. DOCUMENTS CAN BE REVIEWED BY APPOINTMENT AT THE CREDIT UNION OFFICE. Form 990, Part VI, Section C, Line 19 CREDIT UNION BYLAWS, CONFLICT OF INTERSEST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY APPOINTMENT AT THE CREDIT UNION OFFICE.