2025-04-22T09:39:48-07:00 2024-12-31 990 2024-01-01 566043259 Members Credit Union MEMB 3367484800 2098 Frontis Plaza Blvd Winston Salem NC 27103 Robert C Donley President/CEO 3367484800 2025-04-15 1 2024 2025-03-06 01:10:19Z Robert C Donley 2098 Frontis Plaza Blvd Winston Salem NC 27103 27410451 0 X www.memcu.com X 1953 NC As a member owned cooperative, our primary responsibility is to contribute to the well being of our members who depend on us to provide a full range of diverse products so that we may be their primary financial institution. 11 9 131 11 0 10546 0 0 20774385 21503764 6074842 5862587 47850 44100 26897077 27410451 0 0 326242 264753 7711004 8379457 0 0 0 12037108 14012863 20074354 22657073 6822723 4753378 435247947 438433803 377962209 376083056 57285738 62350747 To offer reasonable products and services to our members. 0 0 Credit Union programs. Loans to members. Total number of loans equal 26,269. Services to all members. Total number of members equal 47,611 Checking accounts, savings accounts, consumer loans, mortgage loans through Highland Residential Mortgage. Members financial planning. Remote account access. Family Security Plan. Ability to perform transactions through the Co-Op Shared Branching network. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14164 0 1 131 1 1 1 0 0 0 0 0 0 0 X 11 9 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 0 1 1 1 0 X Members Credit Union 3367484800 2098 Frontis Plaza Blvd Winston Salem NC 27103 Robert C Donley President/CEO 40 0 X X X 567593 0 0 Tim Mullen SVP of Lending and Operations 40 0 X 191804 0 0 Cindy J Stiff CFO & Treasurer 40 0 X X 183221 0 0 Jennifer Siglain SVP of Member Experience & Compliance 40 0 X 172230 0 0 Matthew Baldwin Director of Information Technology 40 0 X 124127 0 0 Bridget Berry Director of Lending 40 0 X 123992 0 0 Melanie H Huffman Executive Secretary 32 0 X 88649 0 0 karen Keller Director 0 0 X 0 0 0 Delphine Dennis Director 0 0 X 0 0 0 Jack V Braswell Jr Director 0 0 X 0 0 0 Jerry P Church Director 0 0 X 0 0 0 William A Tittsworth Board Chairman 0 0 X 0 0 0 Richard L Trotter Vice Chairman 0 0 X 0 0 0 Durham C White Jr Director 0 0 X 0 0 0 Jeff Seaford Director 0 0 X 0 0 0 Thomas Rhoney Director 0 0 X 0 0 0 1451616 0 0 6 0 1 0 0 0 Interest on Loans 522130 16186632 16186632 0 0 Member Fees 522130 5317132 5317132 0 0 0 0 0 0 21503764 5862587 5862587 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Non Operating Rent 522130 44100 44100 0 0 0 0 0 0 44100 27410451 27410451 0 0 0 0 0 264753 839463 5578909 338871 1161310 460904 0 5883 45540 0 0 0 0 360734 1329737 1066644 0 1081167 148275 0 3600 3066663 0 281828 0 ATM & Visa Expense 2260501 Provision for Loan Loss 3666423 Supervisory & Exam Fees 115800 580068 22657073 0 0 0 9445038 5914660 218505412 229067626 187828248 182313007 17552841 7141907 9650599 10410934 9818650 10727576 435247947 438433803 3337077 3180105 374625132 372902951 377962209 376083056 X 0 0 0 0 57285738 62350747 57285738 62350747 435247947 438433803 4753378 311631 0 0 0 0 X 0 1 X 1 0 0 4236519 4236519 0 8505014 2807543 5697471 0 307254 279762 27492 0 1325519 1177987 147532 0 3178535 2876615 301920 10410934 0 Member Deposits 372902951 372902951 25149949 0 0 0 0 0 25149949 0 2260502 2260502 27410451 20396571 0 0 0 0 0 20396571 0 2260502 2260502 22657073 Schedule D, Part XI, Line 4b ATM & Visa expenses are offset against ATM & Visa income. Schedule D, Part XII, Line 4b ATM & Visa expenses are offset against ATM & Visa income. 0 0 0 Robert C Donley President/CEO 458680 0 84133 0 24780 0 0 0 0 0 567593 0 0 0 Cindy J Stiff CFO & Treasurer 164770 0 15106 0 3345 0 0 0 0 0 183221 0 0 0 Tim Mullen SVP of Lending and Operations 174345 0 16225 0 1234 0 0 0 0 0 191804 0 0 0 Jennifer Siglain SVP of Member Experience & Compliance 156969 0 14131 0 1130 0 0 0 0 0 172230 0 0 0 Matthew Baldwin Director of Information Technology 114279 0 8699 0 1149 0 0 0 0 0 124127 0 0 0 Bridget Berry Director of Lending 115546 0 6790 0 1656 0 0 0 0 0 123992 0 0 0 Form 990, Part VI, Section A, Line 6 The credit union has members. Form 990, Part VI, Section A, Line 7a Members vote to elect the members of the governing body. Form 990, Part VI, Section B, Line 11b Form 990 is reviewed by the President/CEO of the credit union. The form and all subsequent schedules are reviewed prior to submission to the IRS. Form 990, Part VI, Section B, Line 12c Written reports are submitted monthly to the board of directors. Form 990, Part VI, Section B, Line 15 There is a board approved salary plan for all non exempt employees of the credit union. This plan is reviewed annually by the board of directors. The board uses industry survey data as a major component for any changes to the plan and in determining the salaries of all exempt and non exempt employees. Form 990, Part VI, Section C, Line 19 The governing documents of the organization are made available to the public upon request. Additionally financial statements are posted in the common areas of credit union branches. The Members Group LLC 2098 Frontis Plaza Blvd Winston Salem NC 27103 113824531 Finance & Insurance NC 0 0 N/A