2023-04-05T16:42:10-04:00 2022-12-31 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2022-01-01 630306291 TVA COMMUNITY CREDIT UNION TVAC 2563863000 1405 SOUTH WILSON DAM ROAD MUSCLE SHOALS AL 35661 SAMMY CLEMENTS CEO 2563863000 2023-04-15 true SAMMY CLEMENTS 990009999 false AMANDA ONKST P02387288 2054372176 2023-04-05 2022 2023-04-26 12:10:37Z SAMMY CLEMENTS 1405 SOUTH WILSON DAM RD MUSCLE SHOALS AL 35661 12113228 false X WWW.TVACCU.COM X CREDIT UNION 1936 AL CREDIT UNION - TO PROVIDE FINANCIAL SERVICES TO MEMBERS. 9 9 101 12 85008 42946 0 6790858 7069079 3152301 4529807 1221541 514342 11164700 12113228 0 0 3998889 3804028 0 0 4586660 5037906 8585549 8841934 2579151 3271294 415375997 393706380 362986249 371971860 52389748 21734520 CREDIT UNION - TO PROVIDE SERVICES FOR APPROXIMATELY 19,343 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 7301707 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 1540227 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 8841934 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 6191 0 true 101 true true true false false false false false false false X 9 9 false false false false true true true true true false true true false true true true false true true false false AL X SAMMY CLEMENTS 2563863000 1405 SOUTH WILSON DAM RD MUSCLE SHOALS AL 35661 KIMBALL BURKETT CEO 1.00 0.00 X 443577 0 3098 SAMMY CLEMENTS CEO 40.00 0.00 X 160399 0 37578 SHERRY VAUGHN CFO 40.00 0.00 X 77424 0 27579 PAM GREEN RETIRED 1.00 0.00 X 289414 0 472 JOHN ALLGOOD BOARD MEMBER 1.00 0.00 X 0 0 0 TIMOTHY CORNELIUS BOARD MEMBER 1.00 0.00 X 0 0 0 CLAUDE EUBANKS BOARD MEMBER 1.00 0.00 X 0 0 0 JOAN MARSH BOARD MEMBER 1.00 0.00 X 0 0 0 LEWIS FREDERICK CHAIRMAN 1.00 0.00 X 0 0 0 MARY J LIGON BOARD MEMBER 1.00 0.00 X 0 0 0 LARRY SOFTLEY VICE CHAIR 1.00 0.00 X 0 0 0 CAMERON KAY SUPERVISORY 1.00 0.00 X 0 0 0 FRANCES WEATHERFORD SECRETARY/TR 1.00 0.00 X 0 0 0 JAMES JIM GREEN BOARD MEM 1.00 0.00 X 0 0 0 DAVID NICHOLS SUPERVISORY 1.00 0.00 X 0 0 0 JOHN SOILEAU SUPERVISORY 1.00 0.00 X 0 0 0 970814 68727 3 true true false INTEREST ON LOANS 522291 5348568 5348568 FEE INCOME 522100 1720511 1720511 7069079 4529807 4529807 OTHER OPERATING INCOME 525990 432431 432431 UBIT 525990 85008 85008 GAIN-DISPOSITION-FIXED ASSET 20184 20184 -23281 -23281 514342 12113228 12028220 85008 2643407 2643407 501623 501623 435384 435384 223614 223614 803721 803721 561053 561053 6944 6944 1540227 1540227 155293 155293 LOAN SERVICING 846394 846394 PROF & OUTSIDE SERVICES 728202 728202 PROVISION FOR LOAN LOSS 130617 130617 MISC EXPENSE 110707 110707 154748 154748 8841934 0 8841934 0 19146679 27901358 85812503 3248000 102295833 114046738 1514135 845094 13094361 5814177 7525797 7280184 194577398 235347776 4503652 5037230 415375997 393706380 1903942 853978 361082307 371117882 362986249 371971860 X 35441455 38712749 16948293 -16978229 52389748 21734520 415375997 393706380 X 3271294 -34509152 582630 X false false false ACULAC 3692 COOLIDGE COURT TALLAHASSEE FL 32311 521681138 SCHEDULE C, PART IV SCHEDULE C, PART 1-A, LINE 1 CONTRIBUTION TO ACULAC 1796170 1796170 8887024 3713506 5173518 2411167 2100671 310496 7280184 ALL OTHER INVESTMENTS 234347776 C MEMBERSHIP CAPITAL & PIC 1000000 C 235347776 REGULAR SHARES 195883913 ALL OTHER SHARES 106517214 SHARE DRAFTS 68716755 371117882 false false false KIMBALL BURKETT CEO 111381 332196 3098 446675 SAMMY CLEMENTS CEO 147353 13046 37578 197977 PAM GREEN RETIRED 81764 207650 472 289886 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 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 FORM 990 IS REVIEWED BY THE CFO BEFORE FILING. THE FORM 990 IS AVAILABLE TO 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 THE EXECUTIVE BOARD COMMITTEE REVIEWS AND MAKES RECOMMENDATIONS TO BOARD OF DIRECTORS FOR APPROVAL. 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 OTHER COMPREHENSIVE INCOME 582,629 DUE TO ROUNDING 1 OTHER COMPREHENSIVE INCOME 0 TOTAL 582,630