2025-09-25T09:49:08-05:00 2024-12-31 731413977 HOGANTAYLOR LLP 1225 N BROADWAY AVENUE SUITE 200 OKLAHOMA CITY OK 73103 990 2024-01-01 730366010 MUNICIPAL EMPLOYEES CREDIT UNION OF OKC MUNI 4058135500 101 NORTH WALKER AVENUE OKLAHOMA CITY OK 731022229 TROY HOOBLER VICE PRESIDENT OF ACCOUNTING 4058135500 2025-09-23 1 0 ASHLEY M FOGLE P01258800 4058482020 2025-09-23 2024 2025-03-06 01:10:19Z TROY HOOBLER 101 NORTH WALKER AVENUE OKLAHOMA CITY OK 731022229 9234324 0 X WWW.MECUOKC.ORG X 1934 OK MUNICIPAL EMPLOYEES CREDIT UNION OF OKC PROVIDES PRUDENT AND PRODUCTIVE FINANCIAL SERVICES TO OUR MEMBERSHIP WHILE MAINTAINING A SOUND FINANCIAL INSTITUTION. 9 9 51 9 25165 0 0 0 5324699 5893446 787981 1305260 2102924 2035618 8215604 9234324 0 0 0 0 2935858 3233540 0 0 0 5361618 5750696 8297476 8984236 -81872 250088 162292328 165063363 146763183 149240284 15529145 15823079 MUNICIPAL EMPLOYEES CREDIT UNION OF OKC STRIVES TO HELP MEMBERS WITH A QUALITY FINANCIAL PRODUCT AND SERVE THEIR INDIVIDUAL NEEDS WITH MULTIPLE OPTIONS. 0 0 LOAN INTEREST INCOME GENERATES MORE FUNDS FOR FUTURE LOANS, THUS INCREASING MEMBER CREDIT AVAILABILITY. INVESTMENT INTEREST INCOME FUNDS PROVIDE HIGHER OR MORE COMPETITIVE INTEREST RATES MEMBERS EARN ON THEIR DEPOSITS THUS ENCOURAGING MORE SAVINGS, AS WELL AS A LIQUIDITY SOURCE FOR THE CREDIT UNION. OVERDRAFT PRIVILEGE - THROUGH THIS PROGRAM, WE WILL PAY A MEMBER'S CHECK INSTEAD OF RETURNING THE ITEM WHEN THEIR ACCOUNT HAS A NEGATIVE BALANCE. THE CREDIT UNION STILL CHARGES A $30 FEE PER ITEM JUST AS THEY WOULD IF THE CHECK WAS RETURNED, HOWEVER, BY PAYING THE CHECK THE MEMBER AVOIDS A FEE FROM THE MERCHANT. THE CREDIT UNION HAS POLICIES IN PLACE THAT QUALIFIES A MEMBER FOR THIS SERVICE. 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1725 0 1 51 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 0 1 0 1 0 1 1 1 0 OK X THE ORGANIZATION 4058135500 101 NORTH WALKER AVENUE OKLAHOMA CITY OK 731022229 WILEY WILLIAMS CHAIRMAN 0.50 X 0 0 0 DEXTER NELSON VICE CHAIRMAN 0.50 X 0 0 0 JOEVAN BULLARD BOARD TREASURER 0.50 X 0 0 0 JOSE HERNANDEZ BOARD SECRETARY 0.50 X 0 0 0 RENITA CRUMP BOARD MEMBER 0.50 X 0 0 0 TOMMY FOSKIN BOARD MEMBER 0.50 X 0 0 0 RANDY SCOTT BOARD MEMBER 0.50 X 0 0 0 WB SMITH BOARD MEMBER 0.50 X 0 0 0 LASHAWN THOMPSON BOARD MEMBER 0.50 X 0 0 0 JOHN CUMMINGS PRESIDENT/CEO 40.00 X 210710 0 16129 JE'NEIL TORRES SR. VICE PRESIDENT OF FINANCE 40.00 X 146508 0 16450 ADONA HATFIELD VICE PRESIDENT OF COMPLIANCE 40.00 X 130489 0 11923 487707 0 44502 3 0 1 0 EVANS BUILDING CONCEPTS INC 324 NE 139TH STREET EDMOND OK 73013 CONSTRUCTION SERVICES 402299 OASIS TECHNOLOGIES INC PO BOX 272015 OKLAHOMA CITY OK 73102 IT SERVICES 237794 LYTLE SOULE & CURLEE 119 N ROBINSON AVE SUITE 1200 OKLAHOMA CITY OK 73137 LEGAL SERVICES 144470 ARROW MARKETING 2626 NW 26TH STREET OKLAHOMA CITY OK 73107 SOCIAL MEDIA SERVICES 128258 BROOKLYN TURNER CONSULTING LLC PO BOX 23 WHEATLAND OK 73097 MARKETING CONSULTING 126595 5 INCOME FROM LOANS 522100 5893446 5893446 5893446 1297560 1297560 7700 0 7700 7700 7700 FEES AND CHARGES 522100 1989340 1989340 MISC. OPERATING INCOME 522100 34278 9113 25165 OTHER MISCELLANEOUS INCOME 522100 12000 12000 2035618 9234324 7903899 25165 1305260 389797 2284479 75192 269571 214501 20952 69720 189045 227051 243184 886272 334079 16934 23648 1912082 357027 76437 CREDIT CARD EXPENSE 609560 LOAN SERVICING FEES 432837 SHARED SERVICE CENTER 134454 COLLECTIONS EXPENSE 83990 133424 8984236 749171 577915 2739000 2233000 5848674 5774049 117220785 121352233 682808 780375 7025936 4106995 2770064 2918941 17961 7178 30450243 29678435 1813622 1741237 162292328 165063363 846458 660984 145916725 148579300 146763183 149240284 X 0 0 0 0 15529145 15823079 15529145 15823079 162292328 165063363 250088 43846 0 X 0 0 0 0 1 X 758436 758436 4309217 2890486 1418731 1958283 1216509 741774 2918941 CUSC SHARE OF STOCK 50000 F FEDERAL HOME LOAN DEMAND ACCOUNT 4463 F SOUTHWEST CORP C.U. 25242118 F FEDERAL HOME LOAN BANK STOCK 189900 F MEMBERSHIP IN CORPORATE 241686 F SERP INVESTMENT 3950268 F 29678435 TAXES PAYABLE 6890 MEMBER DEPOSITS & ACCOUNTS 148572403 DIVIDEND PAYABLE 7 148579300 PART IV, LINE 2B: THE CREDIT UNION'S ESCROW ACCOUNT IS USED TO HOLD FUNDS FOR HOMEOWNERS INSURANCE AND PROPERTY TAXES FOR MEMBERS' MORTGAGE LOANS. X 0 0 0 JOHN CUMMINGS PRESIDENT/CEO 190710 0 20000 0 0 0 8677 0 7452 0 226839 0 0 0 JE'NEIL TORRES SR. VICE PRESIDENT OF FINANCE 136008 0 10500 0 0 0 9050 0 7400 0 162958 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A CREDIT UNION COMPOSED OF MEMBERS WHO ELECT THE GOVERNING BODY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS A CREDIT UNION COMPOSED OF MEMBERS WHO ELECT THE GOVERNING BODY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 11B NO COPY OF FORM 990 WAS PROVIDED TO THE CREDIT UNION'S GOVERNING BODY BEFORE IT WAS FILED. HOWEVER, FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH REGULAR INTERNAL AUDITS AND INTERNAL CONTROLS. THE ADMINISTRATIVE SECRETARY AND THE IT DEPARTMENT MAKE SURE THAT NO EMPLOYEE CAN DO ANY MAINTENANCE OR TRANSACTIONS ON THEIR ACCOUNTS OR FAMILY MEMBER'S ACCOUNTS. ALL LOANS ARE AUDITED TO MAKE SURE THAT THE APPROPRIATE PERSON HAS APPROVED THE LOAN, AND EMPLOYEES ARE PROHIBITED FROM HOLDING A JOINT MEMBER ACCOUNT. IN ADDITION, THE CREDIT UNION HAS A COMPREHENSIVE WRITTEN CODE OF ETHICS AND RULES FOR CORPORATE GOVERNANCE, AND PROHIBIT EMPLOYEES FROM SOLICITING FOR THEIR OWN PERSONAL BUSINESSES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES ARE DETERMINED THROUGH ANNUAL REVIEWS, DOCUMENTATION ON TRAINING AND EDUATION, MEETING GOALS, AND SALARY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 MONTHLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBIES OF EACH BRANCH. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE PROVIDED UPON REQUEST. MECU CARING FOR COMMUNITY FOUNDATION INC 8812 S WALKER AVENUE OKLAHOMA CITY OK 73139 991090095 SUPPORT THE MUNICIPAL EMPLOYEES CREDIT UNION OF OKC OK 501(C)(3) LINE 11 MUNICIPAL EMPLOYEES CREDIT UNION OF OKC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0