2024-11-14T16:44:59-05:00 2023-12-31 431109768 KPM CPAS PC 1445 E REPUBLIC RD SPRINGFIELD MO 65804 990 2023-01-01 436203095 MERCY CREDIT UNION MERC 4178202931 1444 E SUNSHINE SPRINGFIELD MO 65804 TAMMY ROWDEN MANAGER 2024-11-14 true false SEAN M BALISLE CPA P00117457 4178824300 2024-11-14 2023 2024-10-15 13:58:12Z TAMMY ROWDEN 1444 E SUNSHINE SPRINGFIELD MO 65804 4285498 false X WWW.MYMERCYCU.COM X 1976 MO ESTABLISHED TO PROVIDE QUALITY FINANCIAL SERVICES TO MEMBERS WHO SHARE OUR COMMON BOND AND EXIST FOR THE FINANCIAL BENEFIT OF THE MEMBERS. 7 7 24 9 19628 0 3309587 3820206 309472 465289 0 3619059 4285495 0 0 1156184 1144252 0 0 1802581 2041339 2958765 3185591 660294 1099904 86452306 82689452 79504498 74520031 6947808 8169421 ESTABLISHED TO PROVIDE QUALITY FINANCIAL SERVICES TO MEMBERS WHO SHARE OUR COMMON BOND AND EXIST FOR THE FINANCIAL BENEFIT OF THE MEMBERS. false false VOLUNTARY, COOPERATIVE, NONPROFIT SAVINGS INSTITUTION WHICH ENCOURAGES THRIFT AMONG THEIR 14,306 MEMBERS BY PROVIDING CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND PROVIDING AN OPPORTUNITY TO IMPROVE THEIR ECONOMIC CONDITION. false false false false false false false true false true true 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 2352 0 24 true true true false false false false false false false X 7 7 false false false false true true true true true false true true false true true false true true false false true false X TAMMY ROWDEN 4178202931 1444 E SUNSHINE SPRINGFIELD MO 65804 TAMMY ROWDEN MANAGER 40.00 X 108751 0 20432 CHRIS BOSS CHAIRMAN 1.00 X X 0 0 0 DOUG FAST VICE CHAIRMA 1.00 X X 0 0 0 CINDY BENNETT SECRETARY 1.00 X X 0 0 0 MICHELLE PALUBIAK TREASURER 1.00 X X 0 0 0 DANE DOUGLAS DIRECTOR 1.00 X 0 0 0 JODIE RAYBORN DIRECTOR 1.00 X 0 0 0 JIMMIE HOWARD DIRECTOR 1.00 X 0 0 0 108751 20432 1 false false false INTEREST ON LOANS 522291 2809824 2809824 FEES, CHARGES AND OTHER 522210 481746 481746 CREDIT CARD INCOME 522298 456376 456376 INSURANCE COMMISSIONS 522298 52632 52632 NON-MEMBER ATM FEES 900099 19628 19628 3820206 465292 465292 3 -3 -3 -3 4285495 3800575 19628 465292 X 129183 736195 80766 126262 71846 14116 19400 573294 4951 141690 39053 13577 275 373574 81861 35510 VISA EXPENSE 401968 ATM FEES 90772 PROVISION FOR LOAN LOSSES 89554 MISCELLANEOUS EXPENSE 88169 73575 3185591 0 0 0 2727242 2766724 10464893 6033687 127855 73340 61410099 64308940 89254 85231 1266948 1074251 225650 192697 10495276 8352289 805069 752954 106968 123590 86452306 82689452 954189 1122271 78550309 73397760 79504498 74520031 X 6947808 8169421 6947808 8169421 86452306 82689452 1099904 121709 X false false false false true X 1266948 1074251 192697 192697 MORTGAGE BACK SECURITIES 8352189 F CO-OP NETWORK INVESTMENT 100 C 8352289 MEMBER'S SHARES AND SAVINGS ACCOUNTS 73397760 73397760 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION ACQUIRES RESIDENTIAL MORTGAGES WITH ESCROW ACCOUNTS FROM ANOTHER ENTITY. NO OTHER ESCROW ACCOUNTS EXIST FOR THE ORGANIZATION. FORM 990, PART V LINE 2 EXPLANATION: THE ORGANIZATION HAS AN AGREEMENT WITH MERCY HOSPITAL WHEREBY MERCY HOSPITAL COMPENSATES AND PROVIDES BENEFITS FOR THE ORGANIZATION'S EMPLOYEES, BUT THE ORGANIZATION REIMBURSES MERCY HOSPITAL FOR THE COSTS OF ITS EMPLOYEES PAYROLL, BENEFITS AND PAYROLL TAXES. FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF THE CREDIT UNION ARE CONSIDERED TO BE THE OWNERS OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF THE CREDIT UNION ELECT ALL OF THE BOARD OF DIRECTORS FOR THREE YEAR TERMS. FORM 990, PAGE 6, PART VI, LINE 7B ANY CHANGES TO THE BY-LAWS GOVERNING THE CREDIT UNION ARE REQUIRED TO HAVE APPROVAL FROM THE CREDIT UNION MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE INITIAL REVIEW OF THE RETURN IS PERFORMED BY THE MANAGER OF THE CREDIT UNION. AFTER THAT IS COMPLETE, A COPY OF THE RETURN IS PRESENTED TO THE BOARD OF DIRECTORS AT THEIR NEXT MEETING. FORM 990, PAGE 6, PART VI, LINE 19 COPIES OF THE CREDIT UNION GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES 573,294 0 0