2023-05-03T15:13:03-04:00 2022-12-31 CU AUDIT & COMPLIANCE GROUP 3692 COOLIDGE CT TALLAHASSEE FL 323117890 990 2022-01-01 630362060 RAILWAY EMPLOYEES CREDIT UNION RAIL 2563837940 1604 GUSMUS AVENUE MUSCLE SHOALS AL 35661 MARY LEIGH MATTHEWS MANAGER 2023-04-15 true MARY LEIGH MATTHEWS 990009999 false AMANDA ONKST P02387288 2054372176 2023-05-03 2022 2023-04-26 12:10:37Z MARY LEIGH MATTHEWS 1604 GUSMUS AVE MUSCLE SHOALS AL 35661 558613 false X WWW.RAILWAYCREDITUNION.COM X CREDIT UNION 1935 AL CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS. 5 5 5 11 0 0 372787 371819 104642 186794 0 477429 558613 0 0 190458 140227 0 0 280070 335533 470528 475760 6901 82853 20714368 18908048 16677937 15444686 4036431 3463362 CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 1,471 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES. false false 457271 THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS. 18489 THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS. 475760 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 false false false false false false false false false false false false false false false true X 266 0 true 5 true false false false false false false false false X 5 5 false false false false true true true true true false false false true true true true true true true false AL X X MARY LEIGH MATTHEWS 2563837940 1604 GUSMUS AVE MUSCLE SHOALS AL 35661 MARY LEIGH MATTHEWS MANAGER 40.00 0.00 X 86142 0 18044 AL CLEMMONS BOD MEMBER 1.00 0.00 X 0 0 0 LUTHER GRISHAM BOD VICE PRE 1.00 0.00 X 0 0 0 JAMES HAMILTON BOD SEC/TRES 1.00 0.00 X 0 0 0 DAVID MEEKS BOD PRESIDEN 1.00 0.00 X 0 0 0 GARY UTLEY BOD MEMBER 1.00 0.00 X 0 0 0 AUDREY BAILEY SC MEMBER 1.00 0.00 X 0 0 0 ROY E CLEMENT CREDIT COMM 1.00 0.00 X 0 0 0 JAMES FULLER SC CHAIRMAN 1.00 0.00 X 0 0 0 JEREMY UTLEY CREDIT COMMI 1.00 0.00 X 0 0 0 DANNY WEEKS CREDIT COMMI 1.00 0.00 X 0 0 0 PHILLIP WRIGHT SC MEMBER 1.00 0.00 X 0 0 0 86142 18044 false false false INTEREST ON LOANS 522100 302766 302766 FEE INCOME 525990 69053 69053 371819 186794 186794 558613 558613 142250 142250 3489 3489 36050 36050 -41562 -41562 62194 62194 52116 52116 119 119 18489 18489 PROF. & OUTSIDE SERVICES 182460 182460 EXAM FEES 12928 12928 LOAN SERVICING EXPENSE 2904 2904 EDUCATIONAL & PROMO EXP 2848 2848 1475 1475 475760 0 475760 0 9470353 2211072 3240000 3750000 4930024 5166034 26274 49055 901665 751912 186207 149753 2700963 7405823 160547 176311 20714368 18908048 92829 99291 16585108 15345395 16677937 15444686 X 1211873 2824558 3463362 4036431 3463362 20714368 18908048 82853 -655922 X false false 75500 75500 707545 666891 40654 116154 ALL OTHER INVESTMENTS 7391823 MEMBERSHIP CAPITAL 14000 7405823 REGULAR SHARES 8066986 ALL OTHER SHARES 4836305 SHARE DRAFTS 2442104 15345395 FORM 990, PAGE 1, PART I, LINE 6 HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS, SUPERVISORY COMMITTEE, AND CREDIT 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 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 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 MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS USE A COMPARISON OF SMALL CREDIT UNION COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B ONLY COMPARABILITY DATA WAS USED IN DETERMINING COMPENSATION FOR THE PRESIDENT/CEO. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.