SELECT EMPLOYEES CREDIT UNION
2412 FREEPORT RD, STERLING, IL 61081 www.selectcu.com

Total Revenue
$2,454,851
Total Expenses
$1,835,981
Net Assets
$4,013,456

Organizations Filed Purposes: THE SELECT EMPLOYEES CREDIT UNION WILL MEET THE NEEDS OF MEMBERS BY PROVIDING FINANIAL PRODUCTS AND SERVICES DELIVERED WITH INTEGRITY, PERSONAL CARE AND INDIVIDUALIZED ATTENTION.

MADE SHARE OVERDRAFT PROTECTION LOANS, HOME EQUITY LOANS, SHARE SECURED LOANS, AND VISA LOANS TO MEMBERS. TOTAL LOANS AT THE END OF 2019 WERE $33,001,308. THIS NUMBER CONSISTED OF CONSUMER LOANS OF $17,747,521, REAL ESTATE LOANS OF $13,964,178, AND VISA LOANS OF $1,289,609. THE CREDIT UNION'S GOAL IS TO HAVE AN 80% LOANS TO ASSET RATIO AND AN 85% LOANS TO SHARES RATIO. AT THE END OF 2018 THE LOANS TO ASSETS RATIO WAS 71.98% AND LOANS TO SHARE WAS 79.30%

ACCEPTED DEPOSITS AND ISSUED SHARE CERTIFICATES TO MEMBERS. TOTAL SHARE BALANCES AT THE END OF 2019 WERE $41,831,879. THIS NUMBER CONSISTED OF SHARE BALANCES OF $30,377,437, SHARE BALANCE DRAFT OF $9,483,317, AND INDIVIDUAL RETIREMENT ACCOUNT (IRA)/CERTIFICATE OF DEPOSIT BALANCES OF $1,971,125.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Ms Susan BranchCEO40$76,675
Mr Timothy MorganVICE CHAIRMAN1$0
Ms Cindy VonholtenMEMBER1$0
Mr Jefferey HippenMEMBER1$0
Mr Andrew BeverothMEMBER1$0
Ms Kathryn BoyleTREASURER1$0
Mr Kevin O'KeefeSECRETARY1$0
Mr Richard DouglasCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202041159349300419_public.xml