2026-08-11T11:24:55-04:00 2025-12-31 994503147 WAVERLY BUSINESS SERVICES 6856 LOOP RD DAYTON OH 45459 990 2025-01-01 314154280 64 TELHIO CREDIT UNION INC 64TE 6142213233 PO BOX 1298 COLUMBUS OH 43216 DERRICK BAILEY CEO 6142213233 2026-06-23 true ERIN ALDERSON EA P01231640 9374352742 2026-06-23 2025 2025-03-06 01:10:19Z DERRICK BAILEY 330 RUSH ALLEY SUITE 500 COLUMBUS OH 43215 90836659 false X WWW.TELHIO.ORG X CREDIT UNION 1934 OH TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A SERVICE BASED EMPHASIS THAT RECOGNIZES THE MEMBERS STATUS AS OWNERS. 15 15 345 15 248862 8748 800000 76619819 76179579 7915457 8285981 128812 26098 84664088 85291658 0 23047465 20579747 29679703 29317428 0 0 33095964 33412161 85823132 83309336 -1159044 1982322 1427045503 1350670910 1306123817 1224682502 120921686 125988408 TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A SERVICE BASED EMPHASIS THAT RECOGNIZES THE MEMBERS STATUS AS OWNERS. false false DIVIDENDS AND INTEREST PAID TO MEMBERS ON APPROXIMATELY 142,130 DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 68,199 MEMBERS. DIRECT LABOR AND EMPLOYEE COSTS INCURRED PROVIDING SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS AND SERVICING LOAN PORTFOLIO FOR MEMBERS. DATA PROCESSING COSTS INCURRED RECORDING MEMBER ACOUNT ACTIVITY AND PROVIDING ACCESS TO MEMBERS TO THEIR ACCOUNTS VIA HOME BANKING, ATM NETWORKS, AND IN PERSON AT THE CREDIT UNION OFFICE. false false false false false false false false false true false false false true false true true 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 35363 0 true 345 true true true false false false false false false false X 15 15 false false false false true true true true true false false true true true true true true true false false X X ALAN TOTIN 6142213233 330 RUSH ALLEY SUITE 500 COLUMBUS OH 43215 DERRICK BAILEY CEO 40.00 X 931799 0 49202 AISHA ALLEN CHIEF HR OFF 40.00 X 320481 0 24968 MICHAEL ALLEN CHIEF BANK O 40.00 X 289750 0 26336 IGOR BABAMOVSKI VP MORT SALE 40.00 X 262985 0 44803 DAVID AULT CIO 40.00 X 264836 0 33745 CHRISTA SOUTHWORTH GENERAL COUN 40.00 X 280073 0 13871 JESSICA BING COO 40.00 X 257754 0 24109 KRISTEN SCOTT FORMER CFO 40.00 X 278096 0 0 KELLY COLDREN CHIEF RISK O 40.00 X 228385 0 30895 KARL MCDOWELL VP COMMERC R 40.00 X 201153 0 19138 DONNA TATE VP OF MORTGA 40.00 X 194064 0 24751 JASON BITTINGER SVP INFORMAT 40.00 X 214075 0 3540 ALAN TOTIN CFO 40.00 X 192722 0 21785 MICHAEL CAPPETTA CHIEF TECH O 40.00 X 175524 0 27611 DEANNA BARZAK VP BUSINESS 40.00 X 176380 0 20234 MITCH VOCKE FORMER CLO 40.00 X 185919 0 150 HENRY CHANG DIRECTOR 1.00 X 0 0 0 KEN CROCKETT DIRECTOR 1.00 X 0 0 0 SHIRLEY GREEN DIRECTOR 1.00 X 0 0 0 D'JUAN HAMMONDS DIRECTOR 1.00 X 0 0 0 LARRY JACKSON DIRECTOR 1.00 X 0 0 0 LINDA KENNEDY DIRECTOR 1.00 X 0 0 0 ANDY MARFURT DIRECTOR 1.00 X 0 0 0 DOUG MCDOWELL DIRECTOR 1.00 X 0 0 0 ROB MCNICOL DIRECTOR 1.00 X 0 0 0 JAMES MOCK DIRECTOR 1.00 X 0 0 0 CHINITA MONTGOMERY DIRECTOR 1.00 X 0 0 0 RENEE RAINEY DIRECTOR 1.00 X 0 0 0 IRENE SMITH DIRECTOR 1.00 X 0 0 0 MARK WILKERSON DIRECTOR 1.00 X 0 0 0 PATRICK ZOLLARS DIRECTOR 1.00 X 0 0 0 4453996 365138 16 true true false 800000 800000 LOAN INCOME 522100 61087429 61087429 FEE INCOME 522100 8544926 8544926 OTHER OPERATING INCOME 522100 6298362 6298362 NON MEMBER ATM FEES 900099 230635 230635 INSURANCE INCOME 900099 11585 11585 6642 6642 76179579 7153357 7153357 422625 6255000 1 5545000 422624 710000 1132624 1132624 MISC INCOME 26098 26098 26098 85291658 77063341 248862 7179455 20579747 2661251 678090 19958457 968028 3322276 1729326 298176 187141 366410 672459 2073064 8780223 2828104 179046 601740 2943086 2918545 189025 PROVISION FOR LOAN LOSS 5762529 CARD SERVICES EXPENSE 1770120 LOAN SERVICING 1244831 OTHER OPERATING EXPENSES 773004 1824658 83309336 0 0 0 140564026 88812982 4146723 4645041 1114676033 1098380725 5511490 4732740 37818566 9579711 32462023 28238855 86725777 80665064 14210040 13452279 28749391 31743224 1427045503 1350670910 122160578 75115491 1183963239 1149567011 1306123817 1224682502 X 120921686 125988408 120921686 125988408 1427045503 1350670910 1982322 3084400 X false true X true 5188404 5188404 19237245 2769440 16467805 1394765 321297 1073468 11998152 6488974 5509178 28238855 MEMBER DEPOSITS 1149567011 1149567011 85291658 85291658 85291658 83309336 83309336 83309336 X true true X false false false DERRICK BAILEY CEO 931799 20700 28502 981001 AISHA ALLEN CHIEF HR OFFICER 320481 15516 9452 345449 MICHAEL ALLEN CHIEF BANK OFFICER 289750 5807 20529 316086 IGOR BABAMOVSKI VP MORT SALES MANAG 262985 16354 28449 307788 DAVID AULT CIO 264836 16072 17673 298581 CHRISTA SOUTHWORTH GENERAL COUNSEL 280073 13871 293944 JESSICA BING COO 257754 15430 8679 281863 KRISTEN SCOTT FORMER CFO 278096 278096 KELLY COLDREN CHIEF RISK OFFICER 228385 13961 16934 259280 KARL MCDOWELL VP COMMERC RELATIONS 201153 19138 220291 DONNA TATE VP OF MORTGAGE LEND 194064 11462 13289 218815 JASON BITTINGER SVP INFORMATION TECH 214075 3402 138 217615 ALAN TOTIN CFO 192722 9351 12434 214507 MICHAEL CAPPETTA CHIEF TECH OFFICER 175524 9498 18113 203135 DEANNA BARZAK VP BUSINESS DEVELOP 176380 10927 9307 196614 MITCH VOCKE FORMER CLO 185919 150 186069 SCHEDULE J, PAGE 1, PART I, LINE 3 THE PROCESS USED TO SET THE CEO'S ANNUAL SALARY IS BASED ON A COMBINATION OF COMPARABLE SIZED CREDIT UNIONS THROUGH THE USE OF D HILTON AND ASSOCIATES ANNUAL COMPENSATION SURVEY AND ATTAINMENT IN THE CURRENT YEAR OF PREDEFINED OBJECTIVES SET FOR THE CEO PERSONALLY AND THE CREDIT UNION. THIS PROCESS IS VOTED ON AND APPROVED BY THE FULL BOARD. FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS COMPRISED OF A SINGLE CLASS OF APPROXIMATELY 68,199 MEMBER-OWNERS, EACH OF WHICH HAS EQUAL RIGHTS IN OWNERSHIP, GOVERNANCE, AND VOTING RIGHTS AT THE ANNUAL MEETING, WITH THE EXCEPTION OF THE MEMBER- OWNERS WHO ARE ELECTED TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBER-OWNERS OF THE CREDIT UNION HAVE THE AUTHORITY TO ELECT MEMBERS OF THE BOARD OF DIRECTORS FOR THREE YEAR TERMS ON A ROTATING BASIS. CANDIDATES ARE ELECTED BY A SIMPLE PLURALITY VOTE. THE BOARD OF DIRECTORS APPOINT VOLUNTEERS TO SERVE ON THE SUPERVISORY COMMITTEE, WHICH IS VESTED WITH MONITORING SAFETY AND SOUNDNESS OF THE ORGANIZATION. IF DEEMED APPROPRIATE, THE SUPERVISORY COMMITTEE CAN SUSPEND BOARD MEMBERS AND CAN CALL A SPECIAL MEETING OF THE MEMBERSHIP TO EVALUATE THE ISSUE TO EITHER DISMISS OR REINSTATE THE BOARD MEMBER. FORM 990, PAGE 6, PART VI, LINE 7B CHANGES TO THE GOVERNING DOCUMENTS (BYLAWS) MUST BE APPROVED BY THE MEMBER-OWNERS AFTER THEY HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS AND THE REGULATORY AGENCY. APPROVAL OCCURS WHEN AT LEAST 50% OF THE MEMBER- OWNERS HAVE A QUORUM VOTE TO APPROVE. FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO BEING FILED WITH THE IRS, A COPY OF THE IRS FORM 990 AND RELATED SCHEDULES ARE REVIEWED BY THE PRESIDENT/CEO, INCLUDING A CONFIRMATION OF THE ACCURACY OF EVERY ANSWER AND OVERSIGHT OF APPROPRIATE CHANGES. THE CEO WILL REVIEW THE IRS FORM 990 RETURN WITH THE BOARD OF DIRECTORS AT THE NEXT AVAILABLE MEETING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND OFFICERS ANNUALLY COMPLETE AND SIGN A SURVEY RELATED TO LOANS, BUSINESS RELATIONSHIPS AND FAMILY MEMBERS THAT COULD, OR DO, CREATE A CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS TO SET THE CEO'S ANNUAL SALARY IS BASED ON A COMBINATION OF COMPARISON TO COMPARABLE SIZED CREDIT UNIONS THROUGH THE USE OF CUNA'S ANNUAL COMPENSATION SURVEY AND ATTAINMENT IN THE CURRENT YEAR OF PREDEFINED PERFORMANCE OBJECTIVES SET FOR THE CEO PERSONALLY AND THE CREDIT UNION. THIS PROCESS IS VOTED ON AND APPROVED BY THE FULL BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE CREDIT UNION'S BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC BY APPOINTMENT AT THE CREDIT UNION'S OFFICE. THE FINANCIAL STATEMENTS ARE POSTED IN ALL BRANCHES AND THE AUDITED FINANCIAL STATEMENTS ARE PLACED ON THE CREDIT UNION'S WEBSITE.