2023-11-15T14:42:16-05:00 2022-12-31 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2022-01-01 630288906 ECO CREDIT UNION ECOC 2052263900 105 FRANKFURT CIRCLE BIRMINGHAM AL 35211 JOSEPH HAND CEO 2052263931 2023-11-14 true JOSEPH HAND 990009999 false AMANDA ONKST P02387288 2054372176 2023-11-15 2022 2023-04-26 12:10:37Z JOSEPH HAND 105 FRANKFURT CIRCLE BIRMINGHAM AL 35211 7754194 false X WWW.ECOCU.ORG X 1939 AL CREDIT UNION - TO PROVIE SERVICES TO APPROXIMATELY 14,939 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. 7 7 53 10 35827 11566 0 7547136 5193394 1398898 1161902 7547136 7754194 0 0 2370642 2756650 0 0 3397327 3893270 5767969 6649920 1779167 1104274 187884349 186172963 172539627 179254140 15344722 6918823 CREDIT UNION - TO PROVIE SERVICES TO APPROXIMATELY 14,939 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 6079448 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 570472 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 6649920 false false false false false false false false false true false true true 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 3137 0 true 53 true true true false false false false false false false X 7 7 false false false false true true true true true false true true false true false true false false true true false AL X JOSEPH HAND 2052263900 105 FRANKFURT CIRCLE BIRMINGHAM AL 35211 X JOSEPH HAND CEO 40.00 X 276132 0 44766 SHELIA DEMBOWSKI BOARD MEMBER 1.00 X 0 0 0 HAROLD GRAY BOARD VICE C 1.00 X 0 0 0 JULIE KELLY BOARD MEMBER 1.00 X 0 0 0 JONATHAN LEMSKY BOARD MEMBER 1.00 X 0 0 0 KAY LINDSEY BOARD MEMBER 1.00 X 0 0 0 JERRY MITCHELL BOARD CHAIR 1.00 X 0 0 0 JIMMIE PEARSON BOD SECRETAR 1.00 X 0 0 0 ALLYSON EDWARDS SUPERVISORY 1.00 X 0 0 0 BILLY JOE HUGHES SUPERVISORY 1.00 X 0 0 0 RANDY MCCARTY SUPERVISORY 1.00 X 0 0 0 276132 44766 2 false true false INTEREST ON LOANS 522291 4238337 4238337 FEE INCOME 522100 955057 955057 5193394 1398898 1398898 OTHER INCOME 525990 1126075 1126075 UBIT 525990 35827 35827 1161902 7754194 7718367 35827 2018228 2018228 130477 130477 455381 455381 152564 152564 1545544 1545544 315029 315029 51844 51844 570472 570472 PROFESSIONAL & OUTSIDE SE 591090 591090 MISC NON-INTEREST EXP 295368 295368 PROVISION FOR LOAN LOSS 168214 168214 OPERATING FEES 159381 159381 196328 196328 6649920 0 6649920 0 8137246 3383059 89506698 96509073 123278 165839 9469813 2893913 6000897 6575900 70750783 63333428 140328 140328 13225119 16065336 187884349 186172963 402674 1090925 172136953 178163215 172539627 179254140 X 15344722 6918823 15344722 6918823 187884349 186172963 X 1104274 -6787947 -2742226 X false false 3118505 3118505 3633184 749352 2883832 6002337 FEDERAL AGENCY SECURITIES 60826419 CORPORATE CU CAPITAL 2074609 CERTIFICATES OF DEPOSIT 250000 FEDERAL RESERVE DEPOSITS 182400 63333428 OTHER 9254366 CUOLI 4539569 NCUSIF DEPOSIT 1777650 ACCRUED INVESTMENT INC 249399 ACCRUED LOAN INTEREST INC 244352 16065336 SHARES 102551525 SHARE DRAFT 36534181 ALL OTHER SHARES 25779367 SHARE CERTIFICATES 13298142 178163215 false false false JOSEPH HAND CEO 260125 16007 44766 320898 FORM 990, PAGE 1, PART I, LINE 6 HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE WIHTOUT 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 MEMEBRS 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 MEMEBRS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE MANAGER. 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 IS RESPONSIBLE FOR THE MONITORING AND ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS USING DATA FROM HR PERFORMANCE SOLUTIONS, COMPEASE. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS USING DATA FROM HR PERFORMANCE SOLUTIONS, COMPEASE. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY. ALSO POSTED ON NCUA WEBSITE VIA CALL REPORT QUARTERLY. FORM 990, PART XI, LINE 9 OTHER CHANGES 84,439 OCI CHANGES -2,826,665 TOTAL -2,742,226