2026-04-21T08:03:30-04:00 2025-12-31 202711127 CREDIT UNION AUDIT GROUP 1709 HERMITAGE BLVD SUITE 200 TALLAHASSEE FL 32308 990 2025-01-01 620365265 SOUTHERN CREDIT UNION SOUT 4236292578 P O BOX 3490 CHATTANOOGA TN 37402 CINDY D BEALE CEO 4236292578 2026-04-20 true MARCUS KING P02401169 2054372176 2026-04-21 2025 2025-03-06 01:10:19Z CINDY D BEALE P O BOX 3490 CHATTANOOGA TN 374040490 882616 false X WWW.SOUTHERNCU.COM X CREDIT UNION 1932 TN CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS. 9 9 7 10 0 0 615210 605211 269998 263703 23568 13702 908776 882616 0 0 339345 345882 0 0 667057 638407 1006402 984289 -97626 -101673 20695982 18681983 18398354 16486029 2297628 2195954 X CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 1,642 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 733232 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERES. 251057 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. CUNA PROGRAM GRANT MADE IN 2017 FOR 2,500. 984289 false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true X 1 0 true 7 true false false false false false false false false X 9 9 false false false false true true true true true false false false true false false true true true false false TN X CINDY D BEALE 4236292578 P O BOX 3490 CHATTANOOGA TN 374040490 CINDY D BEALE CEO 40.00 X 77669 0 23890 DANNY E HOLMES BOD VICE-PRE 1.00 X 0 0 0 CLIFFORD L LOWRANCE BOD/SC MEM 1.00 X X 0 0 0 SANDY WALLIS BOD CO-CH/SC 1.00 X X 0 0 0 STEPHEN L EVANS BOARD CO-CHA 1.00 X 0 0 0 JOANIE MURPHEY-COPE BOD/SEC/TREA 1.00 X X 0 0 0 GREG M O'NEAL BOARD MEMBER 1.00 X 0 0 0 SAM HUFF BOARD MEMBER 1.00 X 0 0 0 JOHN BORN BOARD MEMBER 1.00 X 0 0 0 ROB BEASLEY BOARD MEMBER 1.00 X 0 0 0 THEODORE JACKSON SUPERVISORY 1.00 X 0 0 0 77669 23890 false false false INTEREST ON LOANS 522291 540544 540544 FEE INCOME 522100 64667 64667 605211 263703 263703 OTHER OPERATING INCOME 525990 13702 13702 13702 882616 882616 242009 242009 6806 6806 78623 78623 18444 18444 116674 116674 43589 43589 542 542 251057 251057 PROF & OUTSIDE SERVICES 81564 81564 LOAN SERVICING EXP 57013 57013 MISC OPERATING EXP 40341 40341 PROVISION FOR LOAN LOSSES 40300 40300 7327 7327 984289 0 984289 0 1611598 1493372 10149000 9220000 8405582 7476037 62384 46371 511400 421496 104931 89904 151696 151696 210791 204603 20695982 18681983 55422 48892 18342932 16437137 18398354 16486029 X 2297628 2195954 2297628 2195954 20695982 18681983 X -101673 -1 X X false false 33966 33966 118968 118968 232642 179331 53311 125824 123197 2627 89904 REGULAR SHARES 7038071 ALL OTHER SHARES 6512087 SHARE DRAFTS 2886979 16437137 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 2, PART III, LINE 4D CUNA PROGRAM GRANT MADE IN 2017 FOR 2,500. FORM 990, PAGE 5, PART V, LINE 3B NO UNRELATED BUSINESS INCOME 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 MANAGER REVIEWS THE FORM 990. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS USE A COMPARISON OF CREDIT UNION COMPENSATION. 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 CHANGE TO NET INCOME - ALLL EXP 0 DUE TO ROUNDING -1 TOTAL -1 FORM 990, PART XII ANNUAL AGREED UPON PROCEDURES ARE PERFORMED BY AN INDEPENDENT AUDITOR.