2023-11-08T10:32:54-05:00 2022-12-31 472565485 BUCKINGHAM BUSINESS ADVISORS LLC 180-A COMMERCE PARK DR WESTERVILLE OH 430826067 990 2022-01-01 314154280 64 TELHIO CREDIT UNION INC 64TE 6142213233 PO BOX 1298 COLUMBUS OH 43216 KRISTEN SCOTT CFO 6142213233 2023-10-12 true KRISTEN SCOTT 999009999 true ERIN ALDERSON EA P01231640 6148906620 2023-11-06 2022 2023-04-26 12:10:37Z LESLIE BUMGARNER 96 NORTH FOURTH STREET COLUMBUS OH 43215 66559536 false X WWW.TELHIO.ORG X CREDIT UNION 1934 OH TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A SERVICE BASED EMPHASIS THAT RECOGNIZES THE MEMBERS STATUS AS OWNERS. 12 12 331 21 276694 3697 2002160 175895 58468296 58124406 2010613 4242481 806896 511538 63287965 63054320 0 5025008 5448887 24636761 25863685 0 0 20905488 25582451 50567257 56895023 12720708 6159297 1270587920 1377748045 1146122271 1257501687 124465649 120246358 TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A SERVICE BASED EMPHASIS THAT RECOGNIZES THE MEMBERS STATUS AS OWNERS. false false DIVIDENDS AND INTEREST PAID TO MEMBERS ON APPROXIMATELY 160,439 DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 70,437 MEMBERS. DIRECT LABOR AND EMPLOYEE COSTS INCURRED PROVIDING SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS AND SERVICING LOAN PORTFOLIO FOR MEMBERS. DATA PROCESSING COSTS INCURRED RECORDING MEMBER ACOUNT ACTIVITY AND PROVIDING ACCESS TO MEMBERS TO THEIR ACCOUNTS VIA HOME BANKING, ATM NETWORKS, AND IN PERSON AT THE CREDIT UNION OFFICE. false false false false false false false false false true false 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 13124 0 true 331 true true true false false false false false false false X 12 12 false false false false true true true true true false false true true true true true true true false false X X KRISTEN SCOTT 6142213233 PO BOX 1298 COLUMBUS OH 43216 LESLIE BUMGARNER CEO 40.00 X 960850 0 61193 DANIEL DAILY EVP/CHIEF ST 40.00 X 559686 0 46280 DERRICK BAILEY PRESIDENT 40.00 X 417879 0 38507 KAREN DANIELS CHIEF RETAIL 40.00 X 374161 0 30282 CHRISTOPHER WAMPLER CFO 40.00 X 327422 0 40266 TIM RICHEY CHIEF CAPITO 40.00 X 344081 0 6284 IGOR BABAMOVSKI VP MORT SALE 40.00 X 282899 0 42785 JESSICA BING CHIEF COMM. 40.00 X 285310 0 34452 KRISTEN SCOTT CFO 40.00 X 290353 0 28134 EDWARD SMALLWOOD CHIEF LENDIN 40.00 X 295335 0 14284 JASON YOHEIM VP OF BUSINE 40.00 X 273858 0 30096 CHAD MAZE CHIEF OPERAT 40.00 X 229792 0 26684 DAVID AULT VP INFO. SEC 40.00 X 203167 0 37137 MITCH VOCKE VP COM REL M 40.00 X 209438 0 25210 DONNA TATE VP OF MORTGA 40.00 X 192345 0 24807 DAVID BURNS DIRECTOR 0.50 X 0 0 0 HENRY CHANG DIRECTOR 0.50 X 0 0 0 KEN CROCKETT DIRECTOR 0.50 X 0 0 0 KATHY FOOR DIRECTOR 0.50 X 0 0 0 SHIRLEY GREEN DIRECTOR 0.50 X 0 0 0 D'JUAN HAMMONDS DIRECTOR 0.50 X 0 0 0 FRED HARRIS DIRECTOR 0.50 X 0 0 0 DENISE HERRMANN DIRECTOR 0.50 X 0 0 0 LARRY JACKSON DIRECTOR 0.50 X 0 0 0 LINDA KENNEDY DIRECTOR 0.50 X 0 0 0 ANDY MARFURT DIRECTOR 0.50 X 0 0 0 DOUG MCDOWELL DIRECTOR 0.50 X 0 0 0 ROB MCNICOL DIRECTOR 0.50 X 0 0 0 JAMES MOCK DIRECTOR 0.50 X 0 0 0 CHINITA MONTGOMERY DIRECTOR 0.50 X 0 0 0 GEORGE MUSSI DIRECTOR 0.50 X 0 0 0 RENEE RAINEY DIRECTOR 0.50 X 0 0 0 IRENE SMITH DIRECTOR 0.50 X 0 0 0 LARRY WATTS DIRECTOR 0.50 X 0 0 0 JONATHAN WILKERSON DIRECTOR 0.50 X 0 0 0 PATRICK ZOLLARS DIRECTOR 0.50 X 0 0 0 5246576 486401 15 true true false 175895 175895 LOAN INCOME 522100 42490911 42490911 OTHER OPERATING INCOME 522100 8209353 8209353 FEE INCOME 522100 7147448 7147448 NON MEMBER ATM FEES 900099 257976 257976 SHARED BRANCHING FEES 900099 10878 10878 7840 7840 58124406 3145384 3145384 1 4602312 231628 3273588 -231627 1328724 1097097 1097097 MISC INCOME 511538 511538 511538 63054320 57847712 276694 4754019 5448887 3087951 996918 17131240 835663 2401227 1410686 246057 128038 -120828 83239 2187878 8257612 1871253 124436 537714 1983120 2473512 161284 LOAN SERVICING 3268312 CARD SERVICES EXPENSE 1840824 OTHER OPERATING EXPENSES 820427 FEES 393026 1326547 56895023 0 0 0 199850481 47806272 2558235 3552112 851915948 1108238927 11782574 7196107 59631348 26287211 33017134 33344137 150516271 151230880 6388579 11817800 14558698 14561810 1270587920 1377748045 28830912 150891958 1117291359 1106609729 1146122271 1257501687 X 124465649 120246358 124465649 120246358 1270587920 1377748045 X 6159297 -10378631 43 X false true X true 7924174 7924174 32226550 11361362 20865188 19480624 14925849 4554775 33344137 MEMBER DEPOSITS 1106609729 1106609729 X true true X false false false LESLIE BUMGARNER CEO 960850 61193 1022043 DANIEL DAILY EVP/CHIEF STRATEGY 559686 46280 605966 DERRICK BAILEY PRESIDENT 417879 38507 456386 KAREN DANIELS CHIEF RETAIL OFFICER 374161 30282 404443 CHRISTOPHER WAMPLER CFO 327422 40266 367688 TIM RICHEY CHIEF CAPITOL MARKET 344081 6284 350365 IGOR BABAMOVSKI VP MORT SALES MANAG 282899 42785 325684 JESSICA BING CHIEF COMM. OFFICER 285310 34452 319762 KRISTEN SCOTT CFO 290353 28134 318487 EDWARD SMALLWOOD CHIEF LENDING OFFICE 295335 14284 309619 JASON YOHEIM VP OF BUSINESS DEVEL 273858 30096 303954 CHAD MAZE CHIEF OPERATION OFFI 229792 26684 256476 DAVID AULT VP INFO. SECURITY 203167 37137 240304 MITCH VOCKE VP COM REL MANAGER 209438 25210 234648 DONNA TATE VP OF MORTGAGE LEND 192345 24807 217152 SCHEDULE J, PAGE 1, PART I, LINE 3 THE PROCESS USED TO SET THE CEO'S ANNUAL SALARY IS BASED ON A COMBINATION OF COMPARABLE SIZED CREDIT UNIONS THROUGH THE USE OF D HILTON AND ASSOCIATES ANNUAL COMPENSATION SURVEY AND ATTAINMENT IN THE CURRENT YEAR OF PREDEFINED OBJECTIVES SET FOR THE CEO PERSONALLY AND THE CREDIT UNION. THIS PROCESS IS VOTED ON AND APPROVED BY THE FULL BOARD. FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS COMPRISED OF A SINGLE CLASS OF APPROXIMATELY 70,437 MEMBER-OWNERS, EACH OF WHICH HAS EQUAL RIGHTS IN OWNERSHIP, GOVERNANCE, AND VOTING RIGHTS AT THE ANNUAL MEETING, WITH THE EXCEPTION OF THE MEMBER- OWNERS WHO ARE ELECTED TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBER-OWNERS OF THE CREDIT UNION HAVE THE AUTHORITY TO ELECT MEMBERS OF THE BOARD OF DIRECTORS FOR THREE YEAR TERMS ON A ROTATING BASIS. CANDIDATES ARE ELECTED BY A SIMPLE PLURALITY VOTE. THE BOARD OF DIRECTORS APPOINT VOLUNTEERS TO SERVE ON THE SUPERVISORY COMMITTEE, WHICH IS VESTED WITH MONITORING SAFETY AND SOUNDNESS OF THE ORGANIZATION. IF DEEMED APPROPRIATE, THE SUPERVISORY COMMITTEE CAN SUSPEND BOARD MEMBERS AND CAN CALL A SPECIAL MEETING OF THE MEMBERSHIP TO EVALUATE THE ISSUE TO EITHER DISMISS OR REINSTATE THE BOARD MEMBER. FORM 990, PAGE 6, PART VI, LINE 7B CHANGES TO THE GOVERNING DOCUMENTS (BYLAWS) MUST BE APPROVED BY THE MEMBER-OWNERS AFTER THEY HAVE BEEN APPROVED BY THE BOARD OF DIRECTORS AND THE REGULATORY AGENCY. APPROVAL OCCURS WHEN AT LEAST 50% OF THE MEMBER- OWNERS HAVE A QUORUM VOTE TO APPROVE. FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO BEING FILED WITH THE IRS, A COPY OF THE IRS FORM 990 AND RELATED SCHEDULES ARE REVIEWED BY THE PRESIDENT/CEO, INCLUDING A CONFIRMATION OF THE ACCURACY OF EVERY ANSWER AND OVERSIGHT OF APPROPRIATE CHANGES. THE CEO WILL REVIEW THE IRS FORM 990 RETURN WITH THE BOARD OF DIRECTORS AT THE NEXT AVAILABLE MEETING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND OFFICERS ANNUALLY COMPLETE AND SIGN A SURVEY RELATED TO LOANS, BUSINESS RELATIONSHIPS AND FAMILY MEMBERS THAT COULD, OR DO, CREATE A CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS TO SET THE CEO'S ANNUAL SALARY IS BASED ON A COMBINATION OF COMPARISON TO COMPARABLE SIZED CREDIT UNIONS THROUGH THE USE OF CUNA'S ANNUAL COMPENSATION SURVEY AND ATTAINMENT IN THE CURRENT YEAR OF PREDEFINED PERFORMANCE OBJECTIVES SET FOR THE CEO PERSONALLY AND THE CREDIT UNION. THIS PROCESS IS VOTED ON AND APPROVED BY THE FULL BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE CREDIT UNION'S BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC BY APPOINTMENT AT THE CREDIT UNION'S OFFICE. THE FINANCIAL STATEMENTS ARE POSTED IN ALL BRANCHES AND THE AUDITED FINANCIAL STATEMENTS ARE PLACED ON THE CREDIT UNION'S WEBSITE. FORM 990, PART XI, LINE 9 EQUITY ACQUIRED IN MERGER 43