2025-10-29T16:32:21-05:00 2024-12-31 990 2024-01-01 750899745 MEMBERS CREDIT UNION MEMB 8176414031 833 N NOLAN RIVER RD CLEBURNE TX 76033 PAUL T ELKINS CEO/PRESIDENT 8176414031 2025-10-29 1 2024 2025-03-06 01:10:19Z PAUL T ELKINS 833 N NOLAN RIVER RD CLEBURNE TX 76033 6579556 0 X WWW.MEMBERSCREDITUNION.COM X 1954 TX COOPERATIVE PROVIDER OF CREDIT UNION FINANCIAL SERVICES (I.E. SAVINGS, CHECKING, AND LENDING). 9 9 25 0 45838 0 0 0 4453393 5005880 1118672 1555768 0 0 5572065 6561648 0 0 0 0 1668485 1848940 0 0 0 2937001 3644912 4605486 5493852 966579 1067796 97573995 103536464 87133048 92027721 10440947 11508743 OUR COMMITMENT IS TO EXCEED YOUR SERVICE EXPECTATIONS WHILE CARING FOR YOUR FINANCIAL NEEDS. 0 0 IN 2024, MCU'S ASSETS INCREASED FROM $97.5 MILLION TO $103.2 MILLION, DEPOSITS INCREASED FROM $87.1 MILLION TO $92 MILLION, LOANS INCREASED FROM $57.1 MILLION TO $60.2 MILLION AND THE NUMBER OF MEMBERS SERVED INCREASED FROM 8,403 TO 8,593. MCU'S CAPITAL REMAINS STRONG AT 11.15%. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 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 0 0 1 2717 0 25 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X GAIL GUTH 8176414031 833 N NOLAN RIVER RD CLEBURNE TX 76033 CHRIS COOKE PRESIDENT 1.00 X X 0 0 0 CLEVE WEYENBERG JR VICE PRESIDENT 1.00 X X 0 0 0 GREG WILMORE TREASURER 1.00 X X 0 0 0 CECIL MAY SECRETARY 1.00 X X 0 0 0 DAVID PRICE DIRECTOR 1.00 X 0 0 0 GARY HEINRICH DIRECTOR 1.00 X 0 0 0 GREG HARMON DIRECTOR 1.00 X 0 0 0 SABRINA WATSON DIRECTOR 1.00 X 0 0 0 DEBBIE RICE DIRECTOR 1.00 X 0 0 0 PAUL T ELKINS CEO/PRESIDENT 45.00 X 178303 0 49010 TERESA LECK VP OF OPERATIONS 40.00 X 138457 0 36916 GAIL GUTH VP OF ACCOUNTING 40.00 X 106890 0 11874 WILL HEAD VP OF LENDING 40.00 X 104396 0 10537 ROXANNE THOMAS VP OF ADMINISTRATION 40.00 X 120171 0 13692 648217 0 122029 5 0 1 0 FISERV PORTICO PO BOX 208457 DALLAS TX 753208457 DATA PROCESSING 402142 1 INTEREST ON LOANS 522100 3754400 3754400 FEE INCOME 522100 1227057 1205642 21415 OTHER OPERATING INCOME 522100 24423 24423 5005880 1532676 1532676 41000 17908 23092 23092 23092 6561648 6492718 45838 23092 227313 1265108 1631 214359 140529 5336 32500 548097 85653 900391 457203 264839 6436 839490 91017 PROVISION FOR LOAN LOSS 376000 MISCELLANEOUS 20040 STATE OPERATING FEE 17910 5493852 1536158 1697606 3487702 9843731 22018 142894 56612665 59624850 777397 699450 4841075 1835009 3097668 3006066 30852876 27371241 1187511 1150626 97573995 103536464 87133048 92027721 87133048 92027721 X 0 0 0 0 10440947 11508743 10440947 11508743 97573995 103536464 1067796 0 X 0 0 0 845228 845228 3358696 1210529 2148167 637151 624480 12671 3006066 DEPOSITS IN COMMERCIAL BANKS, S&L'S, AND SAVINGS BANKS 22395000 C TREASURY BONDS 4976241 C 27371241 MEMBER SHARES 92027721 92027721 X X 0 0 0 PAUL T ELKINS CEO/PRESIDENT 155777 0 15326 0 7200 0 5224 0 43786 0 227313 0 0 0 TERESA LECK VP OF OPERATIONS 132393 0 6064 0 0 0 4154 0 32762 0 175373 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION WAS FORMED BY THE MEMBERS TO PROVIDE QUALITY FINANCIAL SERVICES TO ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CREDIT UNION VOTE ON THE BOARD OF DIRECTORS. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PRESENTED A COPY OF THE FORM 990 TO THE BOARD FOR DISCUSSION, REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OTHER POLICIES ENFORCE THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF THE CEO IS CONDUCTED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY.