2023-04-07T12:01:48-04:00 2022-12-31 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2022-01-01 630421601 VALLEY CREDIT UNION VALL 2563814800 P O BOX 388 TUSCUMBIA AL 35674 DAWN TRUITT CEO/SEC/TREASURER 2563814800 2023-04-10 true DAWN TRUITT 990009999 false AMANDA ONKST P02387288 2054372176 2023-04-07 2022 2023-04-26 12:10:37Z DAWN TRUITT P O BOX 388 TUSCUMBIA AL 356740388 3328227 false X WWW.VALLEYCREDITUNION.NET X CREDIT UNION 1956 AL CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS. 9 9 37 11 0 0 2251389 2383812 758456 928261 14371 16154 3024216 3328227 0 0 1034333 1177544 0 0 1579880 1643928 2614213 2821472 410003 506755 94382507 96274453 80878303 85097250 13504204 11177203 CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 5,670 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 2440144 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 381328 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 2821472 false false false 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 X 1492 0 true 37 true false false false false false false false false X 9 9 false false false false true true true true true false true true false false true true true false false AL X DAWN TRUITT 2563814800 P O BOX 388 TUSCUMBIA AL 356740388 DAWN TRUITT CEO/SEC/TREA 40.00 0.00 X X 166021 0 35775 DR JOHN LANDERS BOARD MEM 1.00 0.00 X 0 0 0 ROYCE MASSEY BOARD PRESID 1.00 0.00 X 0 0 0 SANDRA H JAMES BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT MULLEN BOARD VICE P 1.00 0.00 X 0 0 0 OTIS JOHNSON BOARD MEMBER 1.00 0.00 X 0 0 0 DR RICHARD GARDNER BOARD MEMBER 1.00 0.00 X 0 0 0 DOUG WORLEY BOARD MEMBER 1.00 0.00 X 0 0 0 ANTHONY RILEY BOARD MEMBER 1.00 0.00 X 0 0 0 LARRY DANLEY SUPV COMM CH 1.00 0.00 X 0 0 0 BRITTANY COBB SUPERVISORY 1.00 0.00 X 0 0 0 DR TIM MORGAN SUPERVISORY 1.00 0.00 X 0 0 0 166021 35775 1 false true false INTEREST ON LOANS 522291 1593101 1593101 FEE INCOME 522100 790711 790711 2383812 928261 928261 OTHER OPERATING INCOME 525990 23461 23461 LOSS ON SALES REAL ESTATE 525990 -7307 -7307 16154 3328227 3328227 935457 935457 82197 82197 84445 84445 75445 75445 271690 271690 186859 186859 33317 33317 381328 381328 PROF & OUTSIDE SERVICES 490465 490465 LOAN SERVICING EXP 114574 114574 EDUCATIONAL & PROMO 106788 106788 MISC EXP 40096 40096 18811 18811 2821472 0 2821472 0 9569122 7197669 7790202 12476082 27892830 31230526 172222 139930 3580457 1731503 1913590 1848954 45968504 42202902 1076037 1178390 94382507 96274453 256231 273100 80622072 84824150 80878303 85097250 X 8979226 4524978 11177203 13504204 11177203 94382507 96274453 X 506755 -2833959 203 X X false false 737687 737687 1860865 857315 1003550 981905 874188 107717 1848954 ALL OTHER INVESTMENTS 42017322 C PAID IN CAPITAL-ACCU 185580 C 42202902 ALL OTHER SHARES 38068807 REGULAR SHARES 31546773 SHARE DRAFTS 15208570 84824150 false false false DAWN TRUITT CEO/SEC/TREASURER 160252 5769 35775 201796 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 5, PART V, LINE 3B THE CREDIT UNION HAD NO UNRELATED BUSINESS INCOME. 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 DIRECTROS 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 CEO BEFORE IT IS FILED. 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 MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION COMMITTEE, WRITTEN CONTRACT, COMPENSATION SURVEY OR STUDY APPROVED BY THE BOARD OR COMPENSATION COMMITTEE. 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 EQUITY ACQUIRED IN MERGER 0 OTHER ADJUSTMENTS 203 DUE TO ROUNDING 0 DUE TO ROUNDING 0 TOTAL 203 FORM 990, PART XII ANNUAL AGREED UPON PROCEDURES ARE PERFORMED BY AN INDEPENDENT AUDITOR.