2025-10-17T16:29:55-05:00 2024-12-31 990 2024-01-01 030213165 GREEN MOUNTAIN CREDIT UNION % JOHN E ST HILAIRE GREE 8028646892 1250 SHELBURNE ROAD SOUTH BURLINGTON VT 054037783 JOHN E ST HILAIRE CFOCOO 8028646892 2025-10-17 true 2024 2025-03-06 01:10:19Z JOHN E ST HILAIRE 1250 SHELBURNE ROAD SOUTH BURLINGTON VT 054037783 7229612 false X www.greenmountaincu.com X 1959 VT A NOTFORPROFIT FULL SERVICE FINANCIAL INSTITUTION PROVIDING MEMBERS WITH USEFUL COMPETITIVE AND EFFICIENTLY DELIVERED FINANCIAL SERVICES 5 4 31 6 4881 0 0 6657059 6883381 323910 294075 0 6980969 7177456 0 0 1862614 2118009 0 0 3423846 3815403 5286460 5933412 1694509 1244044 100167949 102349064 87416386 88353456 12751563 13995608 X TO PROVIDE COMPETITIVE MEMBER SERVICES IN A CONVENIENT, TIMELY, AND PROFESSIONAL MANNER UTILIZING SOUND MANAGEMENT PRACTICES false false 2042770 MAINTENANCE OF MEMBER SHARE AND DEPOSIT ACCOUNTS. NUMBER OF ACCOUNTS IS 8,225 6410607 MAINTENANCE OF MEMBER LOAN ACCOUNTS. NUMBER OF ACCOUNTS IS 2,769. 2042770 false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false true false false false true false false false false false false false false true 1511 0 false 31 true true true false false false false false false false X 5 4 false false false false true true true true true false true true true true true true true true true true false X X JOHN E ST HILAIRE 8028646892 1250 SHELBURNE ROAD SOUTH BURLINGTON VT 054037783 ROBERT J LAKE CEOTREASURER 40.00 0.00 X X 225562 0 11278 JOHN E ST HILAIRE CFOCOO 40.00 0.00 X 169893 0 52430 STEPHANIE STRUBLE VP OF COMPLIANCE 40.00 0.00 X 141886 0 33504 PATRICIA J ROBBINS VP OF MORTGAGE LENDING 40.00 0.00 X 101364 0 29190 MARK A SHEPARD VP OF BUSINESS LENDING 40.00 0.00 X 77881 0 21161 TANYA B MOORE VP OF ADMINISTRATION 40.00 0.00 X 81442 0 9696 DAVID BLYTHE CHAIRMAN 8.00 0.00 X 0 0 0 JOHN KING VICE CHAIRMAN 8.00 0.00 X 0 0 0 TIANA SMITH SECRETARY 8.00 0.00 X 0 0 0 NORMAN R BLAIS DIRECTOR 8.00 0.00 X 0 0 0 798028 0 157259 4 false true false LOAN INTEREST INCOME 522100 6410607 6410607 DEBIT CARD INTERCHANGE 522100 204741 204741 FEES & SERVICE CHARGES 522100 174792 174792 CREDIT CARD INTERCHANGE 522100 47144 47144 MORTGAGE ORIGINATION INC 522100 38122 38122 7975 3094 4881 6883381 311431 311431 34800 52156 -17356 -17356 -17356 0 7177456 7172575 4881 0 X 798028 916053 64922 207944 131062 22002 106103 82852 169539 145040 351411 16014 19308 2042770 141456 49826 PROVISION FOR LOAN LOSS 259094 DEBIT CARD EXPENSE 133839 VISA EXPENSE 100772 PROFESSNL & OUTSIDE SVCES 97630 77747 5933412 0 0 0 511704 580339 9721778 7972909 226556 401967 84862784 88671583 79585 88490 2198831 1330064 773017 868767 51500 51600 235437 235437 3705588 3477972 100167949 102349064 2732446 2546956 84683940 85806500 87416386 88353456 X 12751563 13995608 12751563 13995608 100167949 102349064 X 1244044 1 X false true X true false 1309301 622170 687131 889530 707894 181636 868767 FHLB BOSTON STOCK 51600 C 51600 MEMBER SHARES & DEPOSITS 79982536 NON-MEMBER DEPOSITS 5767000 SUSPENSE & CLEARING ACCTS 56964 85806500 X 7177456 7177456 7177456 5933415 3 3 5933412 5933412 Part XII, Line 2d-Other expenses included on Sch D but not on 990 ROUNDING Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) THE CREDIT UNION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS AN ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(c)(14). X true true X false false false false false false false false false ROBERT J LAKE CEOTREASURER 188562 37000 11278 236840 JOHN E ST HILAIRE CFOCOO 144893 25000 29596 22834 222323 STEPHANIE STRUBLE VP OF COMPLIANCE 131886 10000 30016 3488 175390 Part I, Line 3 ANNUAL WRITTEN REVIEWS. Part I, Line 3 COMPENSATION IS BASED ON Part I, Line 3 THE ANNUAL BUDGET Part I, Line 3 ALLOWANCE AND COMPARED TO Part I, Line 3 SYSTEM GENERATED FACTS, Part I, Line 3 POLICIES, AND FINANCIALS. Part I, Line 3 COMPENSATION IS APPROVED Part I, Line 3 BY THE BOARD. LOANS FROM X 401967 false true true CREDIT UNION X false false false MADE ON THE X false false false SAME TERMS X false false false AS OFFERED X false false false TO MEMBERS X false false false 401967 ROBERT LAKE CEO 172285 RENT false false PART IV, LN 1 THE CREDIT UNION LEASES PART IV, LN 1 ITS SOUTH BURLINGTON VT PART IV, LN 1 HEADQUARTERS OFFICE AND PART IV, LN 1 BRANCH LOCATION FROM A PART IV, LN 1 LLC OWNED BY THE CREDIT PART IV, LN 1 UNION'S CEO. Part VI Line 6 THE ORGANIZATION HAS MEMBERS: PERSONS WHO MEET THE REQUIREMENTS OF THE Part VI Line 6 THE FIELD OF MEMBERSHIP AND WHO HOLD AT LEAST ONE SHARE OF CAPITAL Part VI Line 7a THE MEMBERS OF THE ORGANIZATION MAY ELECT THE GOVERNING BODY Part VI Line 7b MERGERS AND ACQUISITIONS Part VI Line 11b FORM 990 PREPARED BY CU ACCOUNTANT & REVIEWED BY CPA & CU CFO. DRAFT GIVEN Part VI Line 11b TO CU BOARD TO REVIEW AT NEXT MEETING AND PRIOR TO FILING Part VI Line 12c EACH MEMBER OF THE BOARD OF DIRECTORS SIGNS AN ANNUAL DISCLOSURE CERTIFYING Part VI Line 12c THAT THERE WERE NO INSTANCES OF CONFLICT OF INTEREST Part VI Line 18 INFORMATION IS AVAILABLE UPON WRITTEN OR ELECTRONIC REQUEST Part VI Line 19 INFORMATION IS AVAILABLE UPON WRITTEN OR ELECTRONIC REQUEST Part XI Line 9 ROUNDING Part IX Line 24e LOAN SERVICING 28,618 Part IX Line 24e MISCELLANEOUS EXPENSES 27,835 Part IX Line 24e ASSOCIATION DUES 17,305 Part IX Line 24e MEMBER DOCUMENTS & SERVICES 3,989 Part IX Line 24e TOTAL OTHER EXPENSES 77,747