2025-10-29T09:55:54-05:00 2024-12-31 810781371 J TENBRINK & ASSOCIATES 11272 S RIDGEVIEW RD OLATHE KS 660616454 990 2024-01-01 370722141 SIU CREDIT UNION SIUC 6184573595 395 N GIANT CITY ROAD CARBONDALE IL 629026403 MIKE LANTRIP PRESIDENT/CEO 6185498620 2025-10-29 1 0 GERALD TENBRINK P00638199 9138946214 2025-10-29 2024 2025-03-06 01:10:19Z MIKE LANTRIP 395 N GIANT CITY ROAD CARBONDALE IL 629026403 32677969 0 X WWW.SIUCU.ORG X 1938 IL TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION. 7 7 148 13 100938 0 81889 0 22227058 26128844 3126298 6441018 302481 92895 25737726 32662757 146260 120680 0 0 7489934 8130498 0 0 0 14048294 18134857 21684488 26386035 4053238 6276722 477217950 512049151 429005291 456099248 48212659 55949903 X TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION. 0 1 PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 43,724 MEMBERS. PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2024, THERE WERE 154,683 LOANS OUTSTANDING TOTALING $329,745,675. PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $7,188,045 FOR THE YEAR. 0 0 1 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12863 0 1 148 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 0 0 0 X MIKE LANTRIP 6184573595 395 N GIANT CITY ROAD CARBONDALE IL 629026403 CHRIS SIEVERS CHAIRMAN 2.00 X 0 0 0 DEBORAH NELSON VICE CHAIRMAN 2.00 X 0 0 0 JEFF MCGOY TREASURER 2.00 X 0 0 0 JP DUNN SECRETARY 2.00 X 0 0 0 MELISSA EASTON DIRECTOR 2.00 X 0 0 0 ROD SIEVERS DIRECTOR 2.00 X 0 0 0 CAROL GREENLEE DIRECTOR 2.00 X 0 0 0 MIKE LANTRIP PRESIDENT/CEO 40.00 X 299965 0 21497 SANDY TAYLOR VP FINANCE/CFO 40.00 X 109617 0 15449 STACY CALLAHAN VP LENDING 40.00 X 109008 0 15428 BRIAN MAURIZIO VP INFORMATION TECHNOLOGY 40.00 X 120382 0 15640 MARK DYNIS VP MARKETING 40.00 X 88885 0 15066 ERICA PANKEY VP OPERATIONS & COMPLIANCE 40.00 X 106660 0 15200 PATRICIA ROBBINS VP HUMAN RESOURCES 40.00 X 92910 0 15204 KIMBERLY BABINGTON VP COMMUNITY DEVELOPMENT 25.00 X 35673 0 1071 963100 0 114555 5 0 1 0 0 INTEREST ON LOANS 522100 19061912 19061912 FEES & OTHER INCOME 522100 7057732 6965994 91738 WARRANTY SALES 524298 9200 9200 26128844 4652745 4652745 92895 92895 14831 1788654 15212 0 -381 1788654 1788273 1788273 32662757 32561819 100938 0 110680 10000 1077655 5255538 408910 895932 492463 60 185705 2093143 575237 874548 1955140 876123 10101 209700 822888 167964 MEMBER DIVIDENDS 7188045 PROVISION FOR LOAN LOSS 2383922 LOAN SERVICING 470536 CHARGE-OFFS/OTHER LOSSE 251068 70677 26386035 14467218 11458111 48032051 86173198 329133180 327180625 1232534 1393158 26747367 13649534 6144221 13097833 69905688 63896084 8303058 8850142 477217950 512049151 6221768 4124679 440066 428739 422343457 451545830 429005291 456099248 X 0 0 0 0 48212659 55949903 48212659 55949903 477217950 512049151 X 6276722 1461044 -522 X 0 0 0 CREDIT UNION POLITICAL ACTION COUNCIL 1807 WEST DIEHL ROAD NAPERVILLE IL 60563 363092340 2500 AMERICA'S CREDIT UNIONS 99 M STREET WASHINGTON DC 20003 237065623 5000 0 1 X 2134721 2134721 14942012 5304079 9637933 9670634 8345455 1325179 13097833 FHLB CHICAGO STOCK 318800 C NCUA CLF MEMBERSHIP STOCK 1248787 C AFS-MORTG-BACKED SEC/CMOS 23487512 F AFS-FEDERAL AGENCY SEC 22836427 F AFS-OTHER DEBT SECURITIES 4467365 F AFS-US TREASURY NOTES 10173275 F AFS-MUNICIPAL BONDS 837321 F AFS-CORP BONDS 526597 F 63896084 MEMBER SHARE DEPOSITS 451545830 451545830 X 34123801 1461044 1461044 32662757 0 32662757 26386035 0 26386035 0 26386035 PART IV, LINE 2B: THE CREDIT UNION MAINTAINS ESCROW ACCOUNTS FOR MORTGAGES SOLD TO FHLB. PART X, LINE 2: THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501 OF THE INTERNAL REVENUE CODE (IRC) OF 1954; HOWEVER, THE CREDIT UNION'S UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAXES. THERE WERE NO SIGNIFICANT INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2023 AND DECEMBER 31, 2022. ACCOUNTING PRINCIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREDIT UNION HAD NO UNRECOGNIZED TAX POSITIONS ON DECEMBER 31, 2023 AND DECEMBER 31, 2022. IT IS THE CREDIT UNION'S POLICY TO RECORD ANY PENALTIES OR INTEREST ARISING FROM FEDERAL OR STATE TAXES AS A COMPONENT OF NONINTEREST EXPENSE. 1 SOUTHERN ILLINOIS UNIVERSITY FOUNDATION 1235 DOUGLAS DRIVE CARBONDALE IL 62901 376024575 501(C)(3) 44350 0 CONTRIBUTIONS AND SPONSORSHIPS SUPPORTING EDUCATION, RESEARCH AND SERVICE PROGRAMS SPECIAL OLYMPICS ILLINOIS 1740 INNOVATION DRIVE UNIT 23 CARBONDALE IL 629036102 362922811 501(C)(3) 7000 0 CONTRIBUTIONS AND SPONSORSHIPS SUPPORTING OLYMPIC-TYPE SPORTS FOR PEOPLE WITH INTELLECTUAL DISABILITIES. CENTERSTONE OF ILLINOIS INC 44 VANTAGE WAY SUITE 400 NASHVILLE TN 37228 370916475 501(C)(3) 6000 0 EVENT SPONSORSHIPS SUPPORTING MENTAL HEALTH, ADDICTION, AND OTHER SERVICES IN THE CARBONDALE AREA HOSPICE OF SOUTHERN ILLINOIS 204 HALFWAY ROAD MARION IL 62959 371107446 501(C)(3) 5050 0 MULTIPLE EVENT SPONSORSHIPS $1,000 SCHOLARSHIPS WERE AWARDED TO 10 STUDENTS 10 10000 PART I, LINE 2: SIU CREDIT UNION AWARDS ANNUAL SCHOLARSHIPS TO HELP MEMBERS CONTINUE THEIR EDUCATION. TO BE ELIGIBLE, THE APPLICANT (OR THEIR LEGAL GUARDIAN) MUST BE AN SIU CREDIT UNION MEMBER IN GOOD STANDING AND EITHER BE A GRADUATING HIGH SCHOOL SENIOR ENROLLING INTO A TWO- OR FOUR-YEAR COLLEGE, A COMMUNITY COLLEGE STUDENT TRANSFERRING INTO A FOUR-YEAR UNIVERSITY, OR AN ADULT STUDENT RETURNING TO COLLEGE. THE SCHOLARSHIP COMMITTEE REVIEWS APPLICATIONS AND SELECTS AWARD RECIPIENTS. FUNDS ARE PAID DIRECTLY TO THE WINNERS UPON PROOF OF ENROLLMENT. X 1 0 X X 0 0 0 MIKE LANTRIP PRESIDENT/CEO 285000 0 6865 0 8100 0 8989 0 12508 0 321462 0 0 0 PART I, LINE 1A THE CREDIT UNION PROVIDED TRAVEL FOR THE PRESIDENT'S WIFE RELATED TO THE ANNUAL ILLINOIS CREDIT UNION LEAGUE (ICUL) CONVENTION ($275). PART I, LINE 3 THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT/CEO'S PERFORMANCE AND DETERMINES COMPENSATION PURSUANT TO A SIGNED EMPLOYMENT CONTRACT. THE BOARD'S DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE MINUTES. FORM 990, PART III, LINE 3 CONVERTED CREDIT CARD PORTFOLIO TO IN-HOUSE, RUNNING ON VISA DPS AS IS OUR DEBIT CARD PORTOLIO. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN SIGNIFICANT CHANGES ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS. IN 2023, MEMBERS VOTED TO APPROVE THE BOARD'S RECOMMENDED BYLAW AMENDMENTS. FORM 990, PART VI, SECTION B, LINE 11B THE CREDIT UNION PROVIDES DATA TO AN OUTSIDE ACCOUNTING FIRM TO COMPLETE THE FORM 990. UPON COMPLETION, IT IS REVIEWED BY MANAGEMENT AND THE PRESIDENT/CEO BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL OFFICERS, DIRECTORS, AND COMMITTEE MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AND SUBMIT A SIGNED STATEMENT TO THAT EFFECT. THESE STATEMENTS ARE MAINTAINED ON FILE AT THE CREDIT UNION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE PRESIDENT/CEO'S PERFORMANCE AND DETERMINES COMPENSATION PURSUANT TO A SIGNED EMPLOYMENT CONTRACT. ALL OTHER MANAGEMENT COMPENSATION IS DETERMINED BY THE PRESIDENT/CEO AND IS PRESENTED AS PART OF THE BUDGET PACKAGE TO THE BOARD OF DIRECTORS FOR APPROVAL. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY, PRESENTED AT THE ANNUAL MEETING, AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES, AND PROCEDURES ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CECL TRANSITION ADJUSTMENT CONVERSION OF PRIOR YR UNREALIZED LOSS TO 2024 REALIZED LOSS -522.