2026-08-21T08:41:13-05:00 2025-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2025-01-01 311225765 1368 CODE CREDIT UNION 1368 9372228971 355 W MONUMENT DAYTON OH 45402 DAVID S RUTHERFORD PRESIDENT/CEO/TREASURER 9372228971 2026-08-20 1 TAMAR PLOTZKER P02047230 5138713033 2026-08-20 2025 2025-03-06 01:10:19Z DAVID S RUTHERFORD 355 W MONUMENT DAYTON OH 45402 10970873 0 X WWW.CODECU.ORG X CREDIT UNION 1940 OH TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND. 7 6 39 8 4200 0 0 0 8635161 9586308 1117148 1384565 0 0 9752309 10970873 0 0 0 2188851 2465620 2513633 0 0 0 6417512 5203509 8883132 9905993 869177 1064880 163375004 174996566 144488554 154641700 18886450 20354866 TO PASSIONATELY DELIVER A COMPREHENSIVE RANGE OF EXCEPTIONAL SERVICES TO OUR MEMBERS AND TO IMPROVE OUR MEMBERS' FINANCIAL LIVES. 0 0 PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 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 3501 0 1 39 1 1 1 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X DAVID S RUTHERFORD 9372228971 355 W MONUMENT DAYTON OH 45402 DAVID S RUTHERFORD PRESIDENT/CEO/TREASURER 40.00 X X 357648 0 48426 A DOYLE BURKE BOARD CHAIRMAN 1.00 X X 0 0 0 DAVID SEAGRAVES BOARD VICE CHAIR 0.25 X X 0 0 0 MICHAEL DE BORDE BOARD SECRETARY 0.25 X X 0 0 0 J CHRIS KRUG DIRECTOR 0.25 X 0 0 0 STEPHEN FINKE DIRECTOR 0.25 X 0 0 0 ERIC HENDERSON DIRECTOR 0.25 X 0 0 0 CRAIG M BALLANTINE SVP OPERATIONS/IT 40.00 X 140410 0 33714 MADISON Y MESSINGER SVP FINANCE/ADMINISTRATION 40.00 X 138806 0 27409 636864 0 109549 3 0 1 0 0 INTEREST ON LOANS 522100 6703347 6703347 FEE INCOME 522100 2882961 2878761 4200 9586308 1384565 1384565 10970873 9582108 4200 1384565 2188851 746413 1328266 89690 215189 134075 26626 42000 242088 332742 693119 735268 270958 9988 120621 279552 42296 PROVISION FOR LOAN LOSS 1126832 BANK CHARGES AND PROCES 1053996 LOAN SERVICING 227423 9905993 929975 1166806 6961978 15521466 103599901 103388050 780153 742955 7904544 3101809 4716291 4802735 24478632 27273175 13353020 13362196 1042495 1042495 7512559 7696688 163375004 174996566 1308811 1447004 143179743 153194696 144488554 154641700 X 0 0 0 0 18886450 20354866 18886450 20354866 163375004 174996566 1064880 403536 0 X X 0 1 X 1 0 0 0 499081 499081 5815753 2096294 3719459 1545515 1005515 540000 44195 44195 4802735 3078196 C CERTIFICATES OF DEPOSIT 10284000 C 13362196 MEMBERS' SHARES & DEPOSITS 153194696 153194696 X 10970873 0 10970873 0 10970873 9905993 0 9905993 0 9905993 PART X, LINE 2: AS A CREDIT UNION, THE CREDIT UNION IS EXEMPT FROM MOST FEDERAL, STATE AND LOCAL TAXES UNDER THE PROVISIONS OF 501C(14) OF THE INTERNAL REVENUE CODE. THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST, AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. THE CREDIT UNION'S INCOME TAX RETURNS PRIOR TO 2019 ARE CLOSED. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. X X X 0 1 0 DAVID S RUTHERFORD PRESIDENT/CEO/TREASURER 231895 0 122000 0 3753 0 35000 0 13426 0 406074 0 0 0 CRAIG M BALLANTINE SVP OPERATIONS/IT 125420 0 14990 0 0 0 14740 0 18974 0 174124 0 0 0 MADISON Y MESSINGER SVP FINANCE/ADMINISTRATION 123816 0 14990 0 0 0 14740 0 12669 0 166215 0 0 0 PART I, LINE 4B THE CREDIT UNION MAINTAINS EXECUTIVE COMPENSATION AND RETENTION PROGRAMS CONSISTING OF A NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT AND SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENTS FOR CERTAIN SENIOR EXECUTIVES. UNDER THE DEFERRED COMPENSATION ARRANGEMENT, BENEFITS ACCRUE BASED ON SERVICE AND VESTING PROVISIONS. UNDER THE SPLIT-DOLLAR ARRANGEMENTS, LIFE INSURANCE POLICIES ARE OWNED BY THE PARTICIPATING EXECUTIVES AND ARE COLLATERALIZED TO SECURE REPAYMENT OBLIGATIONS OWED TO THE CREDIT UNION. PREMIUM FUNDING PROVIDED BY THE CREDIT UNION IS TREATED FOR FEDERAL TAX PURPOSES AS LOAN-REGIME SPLIT-DOLLAR ARRANGEMENTS UNDER INTERNAL REVENUE CODE SECTION 7872. THE CREDIT UNION RETAINS CONTRACTUAL RIGHTS TO REPAYMENT OF AMOUNTS ADVANCED TOGETHER WITH APPLICABLE ACCRUED INTEREST UNDER THE TERMS OF THE AGREEMENTS. FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS A SINGLE CLASS OF MEMBERS, WITH EQUAL RIGHTS OF OWNERSHIP, GOVERNANCE, AND VOTING. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY A MEMBERSHIP BALLOT VOTE COUNTED BY A CERTIFIED PUBLIC ACCOUNTING FIRM. THE RESULTS ARE ANNOUNCED AT THE ANNUAL MEETING. EACH BOARD MEMBER IS ELECTED FOR A THREE YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B CREDIT UNION DECISIONS THAT ARE SUBJECT TO MEMBERSHIP APPROVAL ARE CHARTER CHANGES AND MERGERS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY SENIOR MANAGEMENT AND THEN PRESENTED TO BOARD MEMBERS FOR REVIEW AND APPROVAL AT A REGULARLY SCHEDULED BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND COMPLETED BY EACH BOARD MEMBER AND OFFICER ANNUALLY, AND THE ORGANIZATION HAS A PROCESS IN PLACE MONTHLY AT EACH MEETING ALLOWING MEMBERS TO DISCLOSE AND DISCUSS ANY POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE APPOINTED BY THE BOARD CHAIR REVIEWS SALARY DATA WITHIN THE INDUSTRY FOR THE CEO AND RECOMMENDS SALARY ADJUSTMENTS AT THE NOVEMBER BOARD MEETING ANNUALLY. DATA IS GATHERED FROM VARIOUS INDUSTRY RELATED PROVIDERS OF COMPENSATION DATA AND THE CEO MAKES DECISIONS ON SALARY ADJUSTMENTS FOR OTHERS BASED ON THIS DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED IN THE CREDIT UNION'S LOBBY. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C BOARD REVIEWS PROPOSALS FROM INDEPENDENT AUDIT FIRMS, THEN AUTHORIZES CEO TO SIGN AGREEMENT AND REVIEW ANNUALLY.