2024-04-29T20:42:48-04:00 2023-12-31 202711127 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2023-01-01 630362060 RAILWAY EMPLOYEES CREDIT UNION RAIL 2563837940 1604 GUSMUS AVENUE MUSCLE SHOALS AL 35661 MARY LEIGH MATTHEWS MANAGER 2024-04-29 true MARY LEIGH MATTHEWS 990009999 false AMANDA ONKST P02387288 2054372176 2024-04-29 2023 2023-04-26 12:10:37Z MARY LEIGH MATTHEWS 1604 GUSMUS AVE MUSCLE SHOALS AL 35661 658972 false X WWW.RAILWAYCREDITUNION.COM X CREDIT UNION 1935 AL CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS. 5 5 3 11 0 0 371819 398304 186794 260668 0 558613 658972 0 0 140227 195362 0 0 335533 353052 475760 548414 82853 110558 18908048 17549343 15444686 13938338 3463362 3611005 CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 1,446 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 502851 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 45563 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 548414 false false false false false false false false 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 317 0 true 3 true false false false false false false false false X 5 5 false false false false true true true true true false false false true true true true true true true false AL X X MARY LEIGH MATTHEWS 2563837940 1604 GUSMUS AVE MUSCLE SHOALS AL 35661 MARY LEIGH MATTHEWS MANAGER 40.00 X 82142 0 19760 AL CLEMMONS BOD MEMBER 1.00 X 0 0 0 LUTHER GRISHAM BOD VICE PRE 1.00 X 0 0 0 JAMES HAMILTON BOD SEC/TRES 1.00 X 0 0 0 DAVID MEEKS BOD PRESIDEN 1.00 X 0 0 0 GARY UTLEY BOD MEMBER 1.00 X 0 0 0 AUDREY BAILEY SC MEMBER 1.00 X 0 0 0 ROY E CLEMENT CREDIT COMM 1.00 X 0 0 0 JAMES FULLER SC CHAIRMAN 1.00 X 0 0 0 JEREMY UTLEY CREDIT COMMI 1.00 X 0 0 0 DANNY WEEKS CREDIT COMMI 1.00 X 0 0 0 PHILLIP WRIGHT SC MEMBER 1.00 X 0 0 0 82142 19760 false false false INTEREST ON LOANS 522100 338673 338673 FEE INCOME 525990 59631 59631 398304 260668 260668 658972 658972 139194 139194 5202 5202 40091 40091 10875 10875 60429 60429 34369 34369 187 187 45690 45690 PROF. & OUTSIDE SERVICES 200339 200339 EXAM FEES 4853 4853 LOAN SERVICING EXPENSE 2665 2665 MISC OPERATING EXPENSE 2346 2346 2174 2174 548414 0 548414 0 2211072 696952 3750000 4996000 5166034 5283634 49055 33446 901665 767916 149753 133749 7405823 6225374 176311 180188 18908048 17549343 99291 121468 15345395 13816870 15444686 13938338 X 3463362 3611005 3463362 3611005 18908048 17549343 X 110558 67084 -29999 X false false 75500 75500 707545 677220 30325 105825 ALL OTHER INVESTMENTS 6211374 MEMBERSHIP CAPITAL 14000 6225374 REGULAR SHARES 7239677 ALL OTHER SHARES 4135940 SHARE DRAFTS 2441253 13816870 FORM 990, PAGE 1, PART I, LINE 6 HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS, SUPERVISORY COMMITTEE, AND CREDIT COMMITTEE WITHOUT COMPENSATION. FORM 990, PAGE 5, PART V, LINE 3B THE CREDIT UNION HAD NO UNRELATED INCOME. FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS OWNED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP (ONE MEMBER, ONE VOTE). ALL DUTIES, POWERS, AND RESPONSIBILITIES ARE CONTROLLED BY THE BOARD OF DIRECTORS. THE MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING EVERY YEAR. FORM 990, PAGE 6, PART VI, LINE 7B SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE MANAGER. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS USE A COMPARISON OF SMALL CREDIT UNION COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B ONLY COMPARABILITY DATA WAS USED IN DETERMINING COMPENSATION FOR THE PRESIDENT/CEO. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH. FORM 990, PART XI, LINE 9 DUE TO ROUNDING 1 ACCT ADJ - CECL -30,000 TOTAL -29,999