2025-04-07T17:33:41-04:00 2024-12-31 202711127 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2024-01-01 630306291 TVA COMMUNITY CREDIT UNION TVAC 2563863000 1405 SOUTH WILSON DAM ROAD MUSCLE SHOALS AL 35661 SAMMY CLEMENTS CEO 2563863000 2025-03-31 true false AMANDA ONKST P02387288 2054372176 2025-04-07 2024 2025-03-06 01:10:19Z SAMMY CLEMENTS 1405 SOUTH WILSON DAM RD MUSCLE SHOALS AL 35661 18393055 false X WWW.TVACCU.COM X CREDIT UNION 1936 AL CREDIT UNION - TO PROVIDE FINANCIAL SERVICES TO MEMBERS. 9 9 103 12 104444 64484 0 8651127 10783671 6553578 6394724 600810 1214660 15805515 18393055 0 0 2757022 4391522 0 0 7064774 8906921 9821796 13298443 5983719 5094612 406332778 398193616 370201610 356445815 36131168 41747801 CREDIT UNION - TO PROVIDE SERVICES FOR APPROXIMATELY 19,787 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 8382054 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 4916389 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 13298443 false false true false false false false false false true true false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 5391 0 true 103 true true true false false false false false false false X 9 9 false false false false true true true true true false true true false true true true false true true false false AL X SAMMY CLEMENTS 2563863000 1405 SOUTH WILSON DAM RD MUSCLE SHOALS AL 35661 SAMMY CLEMENTS CEO 40.00 X 223985 0 70289 SHERRY VAUGHN CFO 40.00 X 91528 0 38520 HEATHER MONTGOMERY BOARD MEMBER 1.00 X 0 0 0 TIMOTHY CORNELIUS BOARD VICE C 1.00 X 0 0 0 CLAUDE EUBANKS JR BOARD MEMBER 1.00 X 0 0 0 JOAN MARSH BOARD MEMBER 1.00 X 0 0 0 LEWIS FREDERICK BOARD MEMBER 1.00 X 0 0 0 MARY J LIGON BOARD MEMBER 1.00 X 0 0 0 LARRY SOFTLEY BOARD CHAIR 1.00 X 0 0 0 JAMES JIM GREEN BOARD MEM 1.00 X 0 0 0 FRANCES WEATHERFORD BOD SEC/TREA 1.00 X 0 0 0 JOHN SOILEAU SUPER COM CH 1.00 X 0 0 0 CAMERON KAY SUPERVISORY 1.00 X 0 0 0 COLANDRA NELSON SUPERVISORY 1.00 X 0 0 0 315513 108809 4 false true false INTEREST ON LOANS 522291 8941177 8941177 FEE INCOME 522100 1842494 1842494 10783671 6394724 6394724 OTHER NON-OPERATING INCOME 525990 605662 605662 OTHER OPERATING INCOME 525990 531866 531866 UBIT 525990 104444 104444 -27312 -27312 1214660 18393055 18288611 104444 3156536 3156536 371863 371863 198519 198519 664604 664604 747196 747196 549074 549074 18404 18404 4916974 4916974 145792 145792 LOAN SERVICING 1131624 1131624 PROVISION FOR LOAN LOSS 627634 627634 PROF & OUTSIDE SERVICES 482825 482825 MISC EXPENSE 148176 148176 139222 139222 13298443 0 13298443 0 34743379 32294022 1998000 2748000 134602705 148989426 551183 948230 13380909 6400916 7141427 6979993 222181104 201298917 5114980 4935028 406332778 398193616 622624 -1876225 369578986 358322040 370201610 356445815 X 44657549 49752159 -8526381 -8004358 36131168 41747801 406332778 398193616 X 5094612 1089685 -567664 X false false false ACULAC 3692 COOLIDGE COURT TALLAHASSEE FL 32311 521681138 SCHEDULE C, PART IV SCHEDULE C, PART 1-A, LINE 1 CONTRIBUTION TO ACULAC 1796170 1796170 9037680 4106287 4931393 2547059 2294629 252430 6979993 ALL OTHER INVESTMENTS 200298917 C MEMBERSHIP CAPITAL & PIC 1000000 C 201298917 REGULAR SHARES 148572003 ALL OTHER SHARES 142658603 SHARE DRAFTS 67080024 ACL - OFF BS CREDIT EXPOSURE 11410 358322040 false false false SAMMY CLEMENTS CEO 170115 53870 70289 294274 FORM 990, PAGE 1, PART I, LINE 6 HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE WITHOUT COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS OWNED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP (ONE MEMBER, ONE VOTE). ALL DUTIES, POWERS, AND RESPONSIBILITIES ARE CONTROLLED BY THE BOARD OF DIRECTORS. THE MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING EVERY YEAR. FORM 990, PAGE 6, PART VI, LINE 7B SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO BEFORE FILING. THE FORM 990 IS AVAILABLE TO THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE BOARD COMMITTEE REVIEWS AND MAKES RECOMMENDATIONS TO BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH. FORM 990, PART XI, LINE 9 OTHER COMPREHENSIVE INCOME 0 DUE TO ROUNDING 0 OTHER COMPREHENSIVE INCOME -567,662 DUE ROUNDING -2 TOTAL -567,664