2024-04-15T08:49:02-04:00 2023-12-31 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2023-01-01 630421601 VALLEY CREDIT UNION VALL 2563814800 P O BOX 388 TUSCUMBIA AL 35674 DAWN TRUITT CEO/SEC/TREASURER 2563814800 2024-04-05 true DAWN TRUITT 990009999 false AMANDA ONKST P02387288 2054372176 2024-04-15 2023 2023-04-26 12:10:37Z DAWN TRUITT P O BOX 388 TUSCUMBIA AL 356740388 4170298 false X WWW.VALLEYCREDITUNION.NET X CREDIT UNION 1956 AL CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS. 9 8 39 11 0 0 2383812 2726268 928261 1420410 16154 23620 3328227 4170298 0 0 1177544 1312119 0 0 1643928 2566544 2821472 3878663 506755 291635 96274453 102030791 85097250 89955000 11177203 12075791 CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 5,790 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 2985088 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 893575 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 3878663 false false true 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 true false false false false false false false false false false false false false false true X 1543 0 true 39 true false false false false false false false false X 9 8 false false false false true true true true true false true true false true true true true true true false false AL X DAWN TRUITT 2563814800 P O BOX 388 TUSCUMBIA AL 356740388 DAWN TRUITT CEO/SEC/TREA 40.00 X X 174615 0 38902 DR RICHARD GARDNER BOARD MEMBER 1.00 X 0 0 0 DOUG WORLEY BOARD MEMBER 1.00 X 0 0 0 DR JOHN LANDERS BOARD MEMBER 1.00 X 0 0 0 OTIS JOHNSON BOARD MEMBER 1.00 X 0 0 0 ROYCE MASSEY BOARD MEMBER 1.00 X 0 0 0 SANDRA H JAMES BOARD MEMBER 1.00 X 0 0 0 ROBERT MULLEN BOARD PRESI 1.00 X 0 0 0 ANTHONY RILEY BOARD VICE P 1.00 X 0 0 0 LARRY DANLEY SUPV COMM CH 1.00 X 0 0 0 BRITTANY COBB SUPERVISORY 1.00 X 0 0 0 DR TIM MORGAN SUPERVISORY 1.00 X 0 0 0 174615 38902 1 false true false INTEREST ON LOANS 522291 1929464 1929464 FEE INCOME 522100 796804 796804 2726268 1420410 1420410 OTHER OPERATING INCOME 525990 23620 23620 23620 4170298 4170298 1115356 1115356 73510 73510 38461 38461 84792 84792 275253 275253 446995 446995 40304 40304 893575 893575 PROF & OUTSIDE SERVICES 586801 586801 LOAN SERVICING EXP 122997 122997 EDUCATIONAL & PROMO 116271 116271 MISC EXP 66447 66447 17901 17901 3878663 0 3878663 0 7197669 8903897 12476082 12183694 31230526 34092303 139930 148773 3580457 2063490 1848954 1516967 42202902 43953547 1178390 1231610 96274453 102030791 273100 249412 84824150 89705588 85097250 89955000 X 11177203 12075791 11177203 12075791 96274453 102030791 X 291635 646953 -40000 X X false false false 737687 737687 1860865 1272900 587965 981905 790590 191315 1516967 ALL OTHER INVESTMENTS 43767967 C PAID IN CAPITAL-ACCU 185580 C 43953547 ALL OTHER SHARES 46373656 REGULAR SHARES 27448261 SHARE DRAFTS 15883671 89705588 false false false DAWN TRUITT CEO/SEC/TREASURER 168077 6538 38902 213517 FORM 990, PAGE 1, PART I, LINE 6 HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE 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 DIRECTROS 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 CEO BEFORE IT IS FILED. 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 COMPENSATION COMMITTEE, WRITTEN CONTRACT, COMPENSATION SURVEY OR STUDY APPROVED BY THE BOARD OR COMPENSATION COMMITTEE. 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 EQUITY ACQUIRED IN MERGER 0 OTHER ADJUSTMENTS 0 DUE TO ROUNDING 0 DUE TO ROUNDING 0 ADJUSTMENT FOR CECL -40,000 TOTAL -40,000 FORM 990, PART XII ANNUAL AGREED UPON PROCEDURES ARE PERFORMED BY AN INDEPENDENT AUDITOR.