2024-05-14T17:13:33-04:00 2023-12-31 202711127 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2023-01-01 620156027 CHATTANOOGA FEDERAL EMPLOYEES CREDIT UNION CHAT 4238923738 P O BOX 22205 CHATTANOOGA TN 374222205 MARK FRAKER CEO 4238923738 2024-05-14 true MARK FRAKER 990009999 false AMANDA ONKST P02387288 2054372176 2024-05-14 2023 2023-04-26 12:10:37Z MARK FRAKER P O BOX 22205 CHATTANOOGA TN 37422 3020838 false X WWW.CFECU.ORG X CREDIT UNION 1925 CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS. 7 7 9 7 0 0 1876283 2217839 230194 599132 55602 203867 2162079 3020838 0 0 460114 671283 0 0 1143869 1801080 1603983 2472363 558096 548475 64263581 65716328 53258216 54162487 11005365 11553841 CREDIT UNION - TO PROVIDE SERVICES FOR APPROXIMATELY 2,812 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 1513459 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 958904 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 2472363 false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true X 655 0 true 9 true false false false false false false false false X 7 7 false false false false true true true true true false false false false false true false false false TN X MARK FRAKER 4238923738 P O BOX 22205 CHATTANOOGA TN 37422 X MARK FRAKER CEO 40.00 X 145425 0 70186 JACK BORAN BOARD CHAIR 1.00 X 0 0 0 JUDY MAHAFFEY BOARD VICE C 1.00 X 0 0 0 NEAL DEKICH BOARD SECRET 1.00 X 0 0 0 WILLIAM K COMBS BOARD MEMBER 1.00 X 0 0 0 LAURA SHARP BOARD MEMBER 1.00 X 0 0 0 BILL SWAFFORD BOARD MEMBER 1.00 X 0 0 0 BROOKE WEAVER BOARD MEMBER 1.00 X 0 0 0 145425 70186 1 false true false INTEREST ON LOANS 522291 2116390 2116390 FEE INCOME 522100 101449 101449 2217839 599132 599132 OTHER INCOME 149039 149039 OTHER NON-INTEREST INCOME 54828 54828 203867 3020838 3020838 469546 469546 42685 42685 122632 122632 36420 36420 95990 95990 81632 81632 63956 63956 960100 960100 PROF & OUTSIDE SERVICES 342817 342817 LOAN SERVICING EXP 122591 122591 PROVISION FOR LOAN LOSSES 59500 59500 EDUCATIONAL & PROMO EXP 48110 48110 26384 26384 2472363 0 2472363 0 2745446 4069830 22982000 18235000 34911035 39673766 2268395 2285075 1264045 764438 434321 499607 256209 256209 666175 696841 64263581 65716328 43750 51852 53214466 54110635 53258216 54162487 X 2573944 2573944 8431421 8979897 11005365 11553841 64263581 65716328 X 548475 1 X false false 163596 163596 714678 582793 131885 385771 181645 204126 499607 ALL OTHER SHARES 41852294 REGULAR SHARES 7510718 SHARE DRAFTS 4747623 54110635 false false false MARK FRAKER CEO 130425 15000 70186 215611 FORM 990, PAGE 1, PART I, LINE 6 HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS WITHOUT COMPENSATION. FORM 990, PAGE 5, PART V, LINE 3B THE CREDIT UNION HAD NO UNRELATED BUSINESS 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 MANAGER REVIEWS THE FORM 990. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST. 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 VII ANNUAL AGREED UPON PROCEDURES ARE PERFORMED BY AN INDEPENDENT AUDITOR. FORM 990, PART XI, LINE 9 DUE TO ROUNDING 1 DUE TO ROUNDING 0 TOTAL 1