2026-09-10T15:56:46-05:00 2025-12-31 630813240 PEARCE BEVILL CPAS & ADVISORS PC 110 OFFICE PARK DR BIRMINGHAM AL 35223 990 2025-01-01 630458217 MOBILE EDUCATORS CREDIT UNION MOBI 2514734712 3150 AIRPORT BOULEVARD MOBILE AL 366063802 TINA B WILLIAMS CEO 2514734712 2026-08-19 1 EMILY MCEUEN P01923867 2053235440 2026-08-19 2025 TINA B WILLIAMS 3150 AIRPORT BLVD MOBILE AL 36606 4682184 0 1422 X WWW.YOURMECU.COM X 1954 AL THE CREDIT UNION IS A FINANCIAL COOPERATIVE SERVICING A SELECT FIELD OF MEMBERSHIP FOR THE PURPOSE OF PROVIDING FINANCIAL SERVICES TO ITS MEMBERS. 7 7 24 10 7603 0 0 0 4385271 4682184 0 0 0 0 4385271 4682184 0 0 0 0 1250041 1262903 0 0 0 2214219 2054312 3464260 3317215 921011 1364969 109107642 110446183 96897537 96616275 12210105 13829908 THE CREDIT UNION'S MISSION IS TO PROMOTE THRIFT AMONG ITS MEMBERS AND CREATE A SOURCE OF CREDIT FOR THEM AT FAIR AND REASONABLE RATES OF INTEREST. 0 0 3317214 ALABAMA BANKING CODE, SECTION 5-17-1, STATES THAT A CREDIT UNION IS A COOPERATIVE SOCIETY INCORPORATED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. MOBILE EDUCATORS CREDIT UNION, AN ALABAMA STATE CHARTERED CREDIT UNION, PROVIDES A VARIETY OF FINANCIAL SERVICES TO ITS MEMBERS, WHO PRIMARILY WORK IN VARIOUS SCHOOLS AND UNIVERSITIES IN MOBILE COUNTY AND BALDWIN COUNTY, ALABAMA. AS OF DECEMBER 31, 2025, THE CREDIT UNION PROVIDED SERVICES TO APPROXIMATELY 8,215 MEMBERS. 3317214 0 0 0 0 0 0 0 0 0 1 0 1 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 2265 0 24 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 1 1 1 0 0 X TINA B WILLIAMS 2514734712 3150 AIRPORT BOULEVARD MOBILE AL 36606 CHRISTINE NASSAR BOARD CHAIRPERSON 1.00 X 0 0 0 MARILYN HOWELL BOARD VICE CHAIRPERSON 1.00 X 0 0 0 D LLOYD SCOTT BOARD TREASURER 1.00 X 0 0 0 KATHRYN SMITH BOARD SECRETARY 1.00 X 0 0 0 MILDRED BLASS BOARD MEMBER 1.00 X 0 0 0 DESIREE DUKE BOARD MEMBER 1.00 X 0 0 0 SHELIA MARTIN BOARD MEMBER 1.00 X 0 0 0 EVELINE DENNIS SUPERVISORY COMMITTEE CHAIR 1.00 X 0 0 0 VIRGINIA SUE SMITH SUPERVISORY COMMITTEE MEMBER 1.00 X 0 0 0 BARBARA SCARBROUGH SUPERVISORY COMMITTEE MEMBER 1.00 X 0 0 0 TINA B WILLIAMS PRESIDENT/CEO 40.00 X 187209 0 20357 JASON SINGLEY VP OPERATIONS & COMPLIANCE 40.00 X 104706 0 14197 291915 0 34554 2 0 1 0 0 INCOME FROM INVESTMENT 522100 2833863 2833863 FINANCIAL SERVICES FEE 522100 1042437 1034834 7603 INTEREST ON LOANS 522100 805884 805884 4682184 4682184 4674581 7603 0 326468 686332 21170 149057 79876 12123 42000 24143 13461 222417 213903 2744 3247 16 135675 56232 COST OF FINANCIAL SERVI 757538 MEMBER SHARES DIVIDENDS 337395 MISCELLANEOUS 69358 PROVISIONS AND WRITE-OF 61139 102921 3317215 1192146 1442370 17181 29514 15626120 13913375 92219 78049 5250893 2128334 3236872 3122559 87330653 90254778 1612451 1605538 109107642 110446183 603736 334763 96293801 96281512 96897537 96616275 X 0 0 0 0 12210105 13829908 12210105 13829908 109107642 110446183 1364969 254834 0 X X 0 0 0 1549657 1549657 1985054 896104 1088950 698673 352350 346323 1017509 879880 137629 3122559 INVESTMENTS 59109494 F FEDERAL AGENCY SECURITIES 6681393 F CAPITAL DEPOSITS IN CORPORATE CREDIT UNIONS 24463891 F 90254778 MEMBER DEPOSITS 96281512 96281512 X X X 0 0 0 TINA B WILLIAMS PRESIDENT/CEO 180259 0 6950 0 0 0 9013 0 11344 0 207566 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ALABAMA BANKING CODE, SECTION 5-17-5 STATES THAT, "CREDIT UNION MEMBERSHIP SHALL CONSIST OF THE INCORPORATORS AND SUCH OTHER PERSONS AS MAY BE ELECTED TO MEMBERSHIP AND WHO SUBSCRIBE TO AT LEAST ONE SHARE AND PAY THE INITIAL INSTALLMENT THEREON AND THE ENTRANCE FEE. ORGANIZATIONS, INCORPORATED OR OTHERWISE, COMPOSED FOR THE MOST PART OF THE SAME GENERAL GROUP AS THE CREDIT UNION MEMBERSHIP MAY BE MEMBERS. CREDIT UNION ORGANIZATION SHALL BE LIMITED TO GROUPS, OF BOTH LARGE AND SMALL MEMBERSHIP, HAVING A COMMON BOND OF OCCUPATION OR ASSOCIATION OR TO GROUPS WITHIN A WELL-DEFINED NEIGHBORHOOD, COMMUNITY OR RURAL DISTRICT." MOBILE EDUCATORS CREDIT UNION, AN ALABAMA STATE CHARTERED CREDIT UNION, WAS ESTABLISHED TO PROVIDE THESE SERVICES TO ITS MEMBERS WHO ARE ANY PERSON WHO RESIDES, WORKS, OR ATTENDS SCHOOL IN MOBILE COUNTY, BALDWIN COUNTY, WASHINGTON COUNTY, CLARKE COUNTY, AND ESCAMBIA COUNTY, ALABAMA AND MEMBERS OF THE FAMILIES OF THE PRECEDING GROUPS AND ORGANIZATIONS OF THE ABOVE. AS OF DECEMBER 31, 2025, THE CREDIT UNION PROVIDED SERVICES TO APPROXIMATELY 8,215 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION'S BYLAWS GOVERN THE ELECTION PROCEDURES. THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION'S MEMBERS AT THE ANNUAL MEETING. THE TERMS OF THE BOARD OF DIRECTORS, AS SET BY THE BYLAWS, ARE THREE (3) YEARS, AND ARE STAGGERED SO THAT APPROXIMATELY AN EQUAL NUMBER OF REGULAR TERMS EXPIRE AT EACH ANNUAL MEETING AT LEAST ONE HUNDRED TWENTY (120) DAYS PRIOR TO EACH ANNUAL MEETING, THE CHAIRMAN SHALL APPOINT A NOMINATING COMMITTEE OF THREE (3) MEMBERS FOR THE PURPOSE OF NOMINATING MEMBERS TO FILL VACANCIES ON THE BOARD OF DIRECTORS, CREDIT COMMITTEE AND SUPERVISORY COMMITTEE AT THE NEXT ANNUAL MEETING. THE NOMINATING COMMITTEE SHALL FILE ITS NOMINATIONS WITH THE SECRETARY OF THE BOARD NO LATER THAN NINETY (90) DAYS PRIOR TO THE ANNUAL MEETING. NOTICES SHALL BE MAILED OR POSTED AT LEAST SEVENTY-FIVE (75) DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING. NOT LESS THAN 25 OR MORE THAN 500 MEMBERS, THROUGH A WRITTEN PETITION TO THE NOMINATING COMMITTEE, MAY PROPOSE ONE OR MORE NOMINEES NOT LATER THAN FORTY (40) DAYS BEFORE THE ANNUAL MEETING. ALL ELECTIONS ARE DETERMINED BY A PLURALITY VOTE. IRRESPECTIVE OF THE NUMBER OF SHARES HELD, NO MEMBER HAS MORE THAN ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING TYPES OF DECISIONS ARE SUBJECT TO APPROVAL BY THE CREDIT UNION'S MEMBERS: DISSOLUTION AND MERGER OF THE CREDIT UNION, ELECTION AND TERMINATION OF BOARD MEMBERS, ELECTION AND TERMINATION OF SUPERVISORY COMMITTEE MEMBERS, CONVERSION FROM STATE TO FEDERAL CHARTER, AND AMENDMENT OF THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/CEO REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 CREDIT UNION BOARD OF DIRECTORS MEMBERS AND SUPERVISORY COMMITTEE MEMBERS ARE REQUIRED TO REVIEW THE CREDIT UNION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED BY THE CREDIT UNION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION'S FINANCIAL STATEMENTS ARE DISPLAYED IN THE LOBBIES OF EACH OF ITS BRANCHES. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WOULD BE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2B: ON AN ANNUAL BASIS, THE ALABAMA CREDIT UNION ADMINISTRATION AND/OR THE NATIONAL CREDIT UNION ADMINISTRATION PERFORM A REGULATORY EXAMINATION OF THE FINANCIAL STATEMENTS AND SAFETY AND SOUNDNESS OF THE CREDIT UNION. ADDITIONALLY, THE CREDIT UNION'S FINANCIAL STATEMENTS ARE SUBJECT TO A SUPERVISORY COMMITTEE AUDIT BY AN INDEPENDENT ACCOUNTANT AS OF JUNE 30 EACH YEAR. FORM 990, PART XII, LINE 2C: THE CREDIT UNION HAS A SUPERVISORY COMMITTEE THAT IS RESPONSIBLE FOR ENSURING THAT THE BOARD OF DIRECTORS AND MANAGEMENT OF THE CREDIT UNION - (1)MEET REQUIRED FINANCIAL REPORTING OBJECTIVES AND (2) ESTABLISH PRACTICES AND PROCEDURES SUFFICIENT TO SAFEGUARD MEMBERS' ASSETS. THIS INCLUDES OVERSEEING THE ANNUAL SUPERVISORY COMMITTEE AUDIT/AGREED UPON PROCEDURES AND THE SELECTION OF THE INDEPENDENT AUDITOR/ACCOUNTANT.