2025-06-10T15:40:29-05:00 2024-12-31 362985770 SELDEN FOX LTD ONE PARKVIEW PLAZA SUITE 710 OAKBROOK TERRACE IL 60181 990 2024-01-01 366066647 MEMBERSALLIANCE CREDIT UNION MEMB 8152262260 2550 S ALPINE ROAD ROCKFORD IL 61108 CHERYL SIO PRESIDENT 8152262260 2025-06-09 1 1 MICHAEL KRAM P01469094 6309541400 2024 2025-03-06 01:10:19Z CHERYL SIO 2550 S ALPINE ROAD ROCKFORD IL 61108 16899494 0 X WWW.MEMBERSALLIANCE.ORG X COOPERATIVE 1938 IL PROVIDE FINANCIAL PRODUCTS AND SERVICES FOR MEMBERS. 7 6 98 6 0 0 0 0 10976715 12294810 1665843 4551108 0 0 12642558 16845918 0 0 0 0 5359837 6057844 0 0 0 6223712 7444585 11583549 13502429 1059009 3343489 284454101 281812133 264322494 257680995 20131607 24131138 TO BE THE LEADER IN OUR COMMUNITY IN PROVIDING FINANCIAL PRODUCTS, EXCEPTIONAL SERVICE, AND FINANCIAL EDUCATION. 0 0 13502429 16845918 PROVIDED CONSUMER, REAL ESTATE, AND HOME EQUITY LOANS TO MEMBERS AT COMPETITIVE INTERST RATES. THERE WERE 21,499 MEMBERS AND 13,386 LOANS TO MEMBERS TOTALING $170 MILLION AS OF DECEMBER 31, 2024. PROVIDED VARIOUS DEPOSIT ACCOUNTS TO MEMBERS AT COMPETITVE INTERST RATES. DEPOSIT ACCOUNTS TO MEMBERS TOTALED $254 MILLION AS OF DECEMBER 31, 2024. 13502429 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 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 5484 0 1 98 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X CHERYL SIO 8152262260 2550 S ALPINE ROCKFORD IL 61108 GREG HOPKINS BOARD CHAIRMAN 4.00 X 0 0 0 MICHAEL YOUNGBLOOD DIRECTOR 1.00 X 0 0 0 STEVE NAFF DIRECTOR 1.00 X 0 0 0 KEITH EDEN DIRECTOR 1.00 X 0 0 0 SUSAN CAMPBELL DIRECTOR 1.00 X 0 0 0 MARY MAXTED SUPERVISORY COMMITTEE CHARI 2.00 X 0 0 0 CHERYL SIO CEO 40.00 X X 198342 0 29987 KELLY FROELINGER VP OF FINANCE 40.00 X 110290 0 35658 LISA KELLER CHIEF OPERATING OFFICER 40.00 X 160049 0 225653 MATT LYNCH VP OF MARKETING 40.00 X 108179 0 17226 576860 0 308524 4 0 1 0 0 INTEREST FROM LOANS 522100 8551672 8551672 FEE AND INTERCHANGE INCOME 522100 3582692 3582692 OTHER 522100 160446 160446 12294810 2257739 2257739 2346945 0 53576 2346945 -53576 2293369 2293369 16845918 16845918 0 0 885384 885384 3816057 3816057 261061 261061 725602 725602 369740 369740 618 618 127946 127946 333328 333328 180245 180245 536437 536437 615200 615200 6965 6965 6671 6671 2039514 2039514 265666 265666 39258 39258 SERIVE AND PRODUCT EXPE 2591471 2591471 MISCELLANEOUS 280468 280468 VISA REWARD POINTS 222076 222076 PROVISION FOR CREDIT LO 198722 198722 13502429 13502429 0 0 4229121 2027159 11714062 7596675 612347 1378357 172746657 178600893 488597 505281 9685183 5353042 4410722 4332141 22981568 23637615 58347676 54982012 8923351 8752000 284454101 281812133 6193710 4033060 258128784 253647935 264322494 257680995 X 0 0 0 0 20131607 24131138 20131607 24131138 284454101 281812133 3343489 656047 -5 0 X X 0 1 X 1 0 1226557 1226557 5847174 2902629 2944545 634628 625428 9200 1976824 1824985 151839 4332141 CERTIFICATES OF DEPOSIT 54411508 C CAPITAL IN CORPORATE CREDIT UNION 304204 C FHLB CAPITAL STOCK 266300 C 54982012 MEMBER DEPOSITS 253647935 253647935 16845918 0 16845918 0 16845918 13502429 0 13502429 0 13502429 X 0 1 0 LISA KELLER CHIEF OPERATING OFFICER 160049 0 0 0 0 0 208593 0 17060 0 385702 0 0 0 CHERYL SIO CEO 186874 0 11468 0 0 0 12992 0 16995 0 228329 0 0 0 PART I, LINE 3 THE PRESIDENT'S SALARY IS DETERMINED BY THE BOARD CHAIRMAN, USING THE SAME THIRD-PARTY SOURCE USED TO DETERMINE ALL STAFF SALARY RANGES, PERFORMANCE AGAINST ESTABLISHED AND REVIEWED GOALS AND OBJECTIVES, ADN THE WAGE AND SALARY COMMITTEE'S OVERALL MERIT PERCENTAGE ESTABLISHED FOR DETERMINING THE ANNUAL SALARY BUDGET. PART I, LINE 4B LISA KELLER RECEIVED A PAYOUR FROM A 457(F) SUPPLEMENTAL DEFINED BENEFIT PLAN IN 2024. FORM 990, PART VI, SECTION A, LINE 6 DEPOSITORS ARE CONSIDERED MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE RIGHT TO VOTE FOR THE BOARD OF DIRECTORS. MEMBERS ARE ASKED TO ASSIGN THEIR VOTES VIA PROXY TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE FOR THE BOARD OF DIRECTORS VIA PROXY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN EXTERNAL ACCOUNTANT AND REVIEWED BY THE PRESIDENT AND THE VICE PRESIDENT OF FINANCE BEFORE IT IS FILED. BOARD MEMBERS ARE NOTIFIED WHEN THE FILING IS COMPLETE AND ARE ABLE TO ACCESS IT ON THE BOARD PORTAL. THE BOARD DOES NOT REQUIRE REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C POLICIES ARE FREQUENTLY UPDATED, REQUIRING BOARD APPROVAL. EACH YEAR AT THE ANNUAL ORGANIZATIONAL MEETING THE BOARD APPROVES THE POLICY MANUAL AS A WHOLE. THE POLICY MANUAL IS ALWAYS AVAILABLE ON THE BOARD PORTAL. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S SALARY IS DETERMINED BY THE BOARD CHAIRMAN, USING THE SAME THIRD PARTY SOURCED USED TO DETERMINE ALL STAFF AND EXECUTIVE SALARY RANGES, PERFORMANCE AGAINST ESTABLISHED AND REVIEWED GOALS AND OBJECTIVES, AND THE WAGE AND SALARY COMMITTEE'S OVERALL MERIT PERCENTAGE ESTABLISHED FOR DETERMINING THE ANNUAL SALARY BUDGET. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED IN LOBBIES OF ALL LOCATIONS. CONFLICT OF INTERST AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE ON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHNAGED FROM THE PRIOR YEAR.