2024-05-03T13:49:04-07:00 2023-12-31 990 2023-01-01 910417045 CREDIT UNIONS IN THE STATE OF WASHINGTON CRED 4252525139 3102 Broadway Everett WA 98201 Cindy Kyle CEO 4252525139 2024-04-26 Cindy Kyle 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z Mill Town Credit Union Cindy Kyle 3102 Broadway Everett WA 98201 3896046 0 1269 X www.milltowncu.org X 1939 WA Provide credit union services to former employees of Kimberly-Clark Corporation and the state of Washington. 8 8 18 14 0 0 0 0 2472211 3599820 112885 296226 0 0 2585096 3896046 0 0 0 0 854879 962394 0 0 0 1162167 2400971 2017046 3363365 568050 532681 63140828 64008191 518272 349405 62622556 63658786 Provide financial services to 3136 members. Those services include but are not limited to loans and savings programs. The services are provided by 14 volunteers, non-paid workers, and thirteen full or part-time workers. 0 0 1662 loans at better than market interest rates for members of the Credit Union. We offer mortgage, auto, home improvement and personal loans. High yield savings accounts and CD's for members that deposit their funds so that their fellow credit union members can borrow at lower rates. We handle 3377 savings accounts for these members. Automated services are offered for our entire membership, so that convenience, item and cost savings are given to members. The technology that is available to our members include debit and credit cards, e-statements, bill pay, on-line account access, account transactions at other credit unions in the United States and automatic payment options. Some of these services allow members 24/7 access to their accounts. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 865 0 1 18 1 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 0 1 1 1 1 0 WA X Cindy Kyle 4252525139 3102 Broadway Everett WA 98201 Cindy Kyle CEO 40 0 X 114877 0 8224 Kit Andreason Board Chairman 2 0 X 0 0 0 Heather Wallace Secretary 1 0 X 0 0 0 Mike Harness Vice Chair 2 0 X 0 0 0 Tom Norcott Director 1 0 X 0 0 0 Roxanne Olason Director 1 0 X 0 0 0 Neil Maddy Director 1 0 X 0 0 0 Shelli Kuehn-Gilbert Director 1 0 X 0 0 0 Joe Ward Director 1 0 X 0 0 0 114877 0 8224 1 0 0 0 0 0 0 0 0 0 0 0 0 Interest payments on loans 522130 3171915 3171915 0 0 Fees paid for services 522130 427905 427905 0 0 0 0 0 0 3599820 296226 296226 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3896046 3896046 0 0 123101 0 542288 101978 137531 57496 0 0 9408 0 0 9651 6002 31813 93091 159771 0 92872 8168 0 41398 575397 25582 215477 28004 Share branch 21639 Loan servicing/crc 339052 Provision for loan loss 464336 ATM debit card 197935 81375 3363365 0 0 0 199614 262408 10685238 14536718 0 0 0 0 0 0 0 50612177 47614036 0 0 820110 730560 864469 0 823689 864469 63140828 64008191 19019 77852 499253 271553 518272 349405 X 49032038 50060888 0 0 13590518 13597898 62622556 63658786 63140828 64008191 X 532681 0 0 0 0 503549 X 1 X 0 1 0 1567698 0 1567698 -703229 0 0 -703229 0 0 0 0 0 0 0 0 0 0 0 0 864469 Liability for pension/GAP ins prem 45797 Share draft clearing 60288 MT payable/CU4kids 90693 ATM Debit card/ch bk/zelle adj/pmt terminal 44809 Bill pay/sh br clearing/visa & loan debt clear 1920 cashiers check clearing/stale dated 28046 271553 Form 990, Part VI, Section A, Line 6 The credit union has members Form 990, Part VI, Section A, Line 7a The credit union has members. Each of these members if they are 18 or older have one vote each to elect members of the board of directors and the supervisory committee Form 990, Part VI, Section B, Line 11b A copy of form 990 was provide to and reviewed by the board of directors, supervisory committee chair and other staff members. Form 990, Part VI, Section B, Line 15 A salary committee of at least three volunteer board members review salary publications of comparable asset size and geographical region to determine salaries paid to management and all staff. Each employee's position is evaluated. This is done annually. Last completed in December 2023. Form 990, Part VI, Section C, Line 19 Copies of forms and financial statements are available on request. Financial statements are also available at the annual meeting of the membership. Quarterly financial statements are available on the website of America's Credit Union. Form 990, Part XI, Line 9 The amount of funds on deposit has changed as well as the amount in loans outstanding.