2025-04-24T11:23:45-04:00 2024-12-31 570568919 CANTEY TILLER PIERCE & GREEN LLP PO BOX 862 CAMDEN SC 29021 990 2024-01-01 560602721 NOVA CREDIT UNION NOVA 7043923418 3601 MULBERRY CHURCH ROAD CHARLOTTE NC 28208 MICHELLE HAYES PRESIDENT/CEO 7043923418 2025-04-17 false JANET M PIERCE P00498837 8034321436 2025-04-17 X 2024 2025-03-06 01:10:19Z MICHELLE HAYES 7481 KATELYN COURT HARRISBURG NC 28075 7563519 false X WWW.NOVACU.COM X 1934 NC LOANS TO MEMBERS 9 9 63 0 0 6252697 6426881 1042940 1136638 0 7295637 7563519 0 0 3022846 3062473 0 0 4092831 4379869 7115677 7442342 179960 121177 120556862 120317949 103422382 102583725 17134480 17734224 X LOANS TO MEMBERS false false DURING THE YEAR, THE CREDIT UNION SERVED ITS MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS. DURING THE YEAR, THE CREDIT UNION SERVED ITS MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS. false false false false false false false false false true false true 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 1889 0 false 63 true false false false false false false false false X 9 9 false false false false true true true true true false false false true false true false true true true false X TULLY MARAGAKIS 7043923418 3601 MULBERRY CHURCH RD CHARLOTTE NC 28208 X MICHELLE HAYES PRESIDENT/CE 40.00 X 151835 0 0 KIM BOGGAN TREASURER X 0 0 0 LOLA BUMBARGER SECRETARY X 0 0 0 JOHN GETER VICE CHAIRMA X 0 0 0 SHERRY GORDON BOARD MEMBER X 0 0 0 HUYLA JACKSON BOARD MEMBER X 0 0 0 LORI KAWULOK BOARD MEMBER X 0 0 0 PHILLIP KRIDEL CHAIRMAN X 0 0 0 ROY MONTAGUE BOARD MEMBER X 0 0 0 RITA STREATER BOARD MEMBER X 0 0 0 151835 2 false true false LOAN INTEREST 522100 3912335 3912335 OTHER INCOME 522100 1321195 1321195 FEE INCOME 524298 1193351 1193351 6426881 1136638 1136638 7563519 7563519 3062473 2756226 306247 301096 301096 1326737 1326737 436642 436642 102443 102443 623145 623145 LOAN SERVICING EXP 845305 845305 PROFESSIONAL & OUTSIDE SE 808667 727800 80867 PROVISION FOR LOAN LOSS 484667 484667 FED OPERATING EXPENSE 36940 36940 -585773 -585773 7442342 7055228 387114 0 2353048 2128578 15556856 14269597 -700 69133717 71886065 404480 438427 9910405 5241389 4739950 4669016 23478446 22011736 4890365 4915230 120556862 120317949 2910879 2055561 100511503 100528164 103422382 102583725 X 17134480 17734224 17134480 17734224 120556862 120317949 121177 478567 X false false 2044199 2044199 5838731 3604732 2233999 1995525 1620757 374768 31950 15900 16050 4669016 INVESTMENTS 1-3 YEARS 7734649 C INVESTMENTS 5-10 YEARS 7495015 C INVESTMENTS 3-5 YEARS 5293260 C INVESTMENTS OVER 10 YEARS 1488812 C 22011736 MEMBER SHARES 100528164 100528164 false false false MICHELLE HAYES PRESIDENT/CEO 151835 151835 FORM 990, PAGE 2, PART III, LINE 4D DURING THE YEAR, THE CREDIT UNION SERVED ITS MEMBERS BY PROVIDING LOANS AT REASONABLE RATES. IT ALSO ACCEPTED DEPOSITS AND PAID REASONABLE RATES OF INTEREST ON THOSE DEPOSITS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A AT THE CREDIT UNION'S ANNUAL MEETING, THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS FORM 990, PAGE 6, PART VI, LINE 7B BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE MEMBER ARE SELECTED BY THE MEMBERS OF THE CREDIT UNION. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION REVIEWS THE FORM 990 TO ENSURE THAT THERE ARE NO OMISSIONS OR MISSTATEMENTS. FORM 990, PAGE 6, PART VI, LINE 12C NEW CONFLICT OF INTEREST AGREEMENTS ARE SIGNED ANNUALLY. EMPLOYEE HANDBOOKS COVER CONFLICT OF INTEREST POLICIES AND PROCEDURES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS APPROVES THE PRESIDENT'S ANNUAL SALARY. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT APPROVES SALARIES FOR EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PERSONS MAY COME INTO THE CREDIT UNION'S BRANCHES AND REQUEST A COPY OF ANY OF OUR GOVERNING DOCUMENTS. SOME DOCUMENTS ARE POSTED IN THE BRANCH LOBBIES.