2024-04-23T09:26:44-05:00 2023-12-31 362985770 SELDEN FOX LTD ONE PARKVIEW PLAZA SUITE 710 OAKBROOK TERRACE IL 60181 990 2023-01-01 362659309 ROCK VALLEY CREDIT UNION ROCK 8152820300 1201 CLIFFORD AVE LOVES PARK IL 61111 DARLYNE KELLER CEO 8152827412 2024-04-12 1 DARLYNE KELLER 999009999 1 STEVEN G PIERSON P00653362 6309541400 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z DARLYNE KELLER 1201 CLIFFORD AVE LOVES PARK IL 61111 10281588 0 X WWW.ROCKVALLEYCREDITUNION.ORG X CREDIT UNION 1968 IL ROCK VALLEY CREDIT UNION IS A COOPERATIVE NON-PROFIT ASSOCIATION, ORGANIZED UNDER THE NATIONAL CREDIT UNION ACT FOR THE PURPOSES OF ENCOURAGING THRIFT AMONG ITS MEMBERS, AND PROVIDING A SOURCE OF CREDIT AT REASONABLE RATES OF INTEREST. 8 8 60 8 0 0 0 0 9927511 9756971 302379 524617 0 0 10229890 10281588 0 0 0 0 3505467 3717596 0 0 0 4992194 5919281 8497661 9636877 1732229 644711 148256688 155845592 132897010 139341471 15359678 16504121 ROCK VALLEY CREDIT UNION IS A COOPERATIVE NON-PROFIT ASSOCIATION, ORGANIZED UNDER THE NATIONAL CREDIT UNION ACT FOR THE PURPOSES OF ENCOURAGING THRIFT AMONG ITS MEMBERS, AND PROVIDING A SOURCE OF CREDIT AT REASONABLE RATES OF INTEREST. 0 0 PROVIDED 5,262 CONSUMER LOANS TO MEMBERS PROVIDED 671 MORTGAGE AND HOME EQUITY LOANS TO MEMBERS PROVIDED CHECKING SERVICE TO 10,525 MEMBER ACCOUNTS;PROVIDED SAVINGS SERVICES TO 20,834 MEMBER ACCOUNTS 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3432 0 1 60 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X DARLYNE KELLER 8152820300 1201 CLIFFORD AVE LOVES PARK IL 61111 DAVID GILL CHAIRPERSON 1.00 X X 0 0 0 LYNNE KOWALCZYK TREASURER 1.00 X X 0 0 0 STUART MEYERSON VICE CHAIRPERSON 1.00 X X 0 0 0 KYLAR HAYES SECRETARY 1.00 X 0 0 0 BOB TOEWS DIRECTOR 1.00 X 0 0 0 ROBERT BURDEN DIRECTOR 1.00 X 0 0 0 EILEEN CAVER DIRECTOR 1.00 X 0 0 0 MELISSA MCCORMICK DIRECTOR 1.00 X 0 0 0 TANYA PETERSON EVP 40.00 X 151054 0 9021 DARLYNE KELLER CEO 40.00 X 224205 0 9315 375259 0 18336 2 0 1 0 0 LOAN INTEREST 522100 5797431 5797431 OTHER INCOME 522100 2491707 2491707 FEES AND CHARGES 522100 1467833 1467833 9756971 524617 524617 10281588 9756971 0 524617 393595 2445328 149599 465003 264071 155098 46350 317777 342402 1922176 822159 261538 2214 82212 373983 INTEREST ON MEMBERS' AC 1041335 MISCELLANEOUS 380574 PROVISION FOR CREDIT LO 171463 9636877 2157500 2005020 5069935 5397741 115735869 119912686 358825 763987 7926247 4131105 3892070 3795142 15403131 17452172 996000 1239000 3125281 3209369 1518077 2070475 148256688 155845592 812417 2049591 2000000 3500000 130084593 133791880 132897010 139341471 X 0 0 0 0 15359678 16504121 15359678 16504121 148256688 155845592 X 644711 605902 -106170 X 0 0 0 250 0 250 250 1 CREDIT UNION POLITICAL ACTION COUNCIL 1807 W DIEHL ROAD NAPERVILLE IL 605667107 363092340 250 0 836154 836154 3410425 1541265 1869160 3679668 2589840 1089828 3795142 MEMBER SHARE ACCOUNTS 133791880 133791880 X 0 0 0 DARLYNE KELLER CEO 224205 0 0 0 0 0 0 0 9315 0 233520 0 0 0 TANYA PETERSON EVP 151054 0 0 0 0 0 0 0 9021 0 160075 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SHARE DEPOSITORS ARE CONSIDERED MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ROCK VALLEY'S MEMBERSHIP ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE VICE PRESIDENT OF FINANCE OF THE ORGANIZATION ASSISTS IN THE PREPARATION OF THE 990 AND REVIEWS THE FINAL PREPARED FORM COMPLETED BY AN OUTSIDE CPA FIRM. FORM 990, PART VI, SECTION B, LINE 12C ALL INSIDERS OF THE CREDIT UNION HAVE AN OBLIGATION AT ALL TIMES TO PROMOTE THE CREDIT UNION'S BEST INTERESTS. THE CREDIT UNION'S CODE OF ETHICS POLICY REQUIRES THAT ALL PERSONNEL AVOID ANY SITUATION, WHICH DOES OR MAY INVOLVE A CONFLICT, OR APPEARANCE OF CONFLICT, BETWEEN THEIR PERSONAL INTERESTS AND THE INTERESTS OF THE CREDIT UNION. ALL INSIDERS OF THE CREDIT UNION MUST SIGN AND UPDATE THEIR CONFLICT OF INTEREST WHEN HIRED AND ANNUALLY THEREAFTER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL POSITIONS IS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS THROUGH THE BUDGETARY PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES ITS FINANCIAL STATEMENTS AVAILABLE UPON REQUEST, AND MAY ALSO BE FOUND IN THE CREDIT UNION'S ANNUAL REPORT, WHICH IS AVAILABLE AT THE CREDIT UNION'S ANNUAL MEETING. FORM 990, PART XI, LINE 9: ADOPTION OF ASU 2016-13, CECL TRANSITIONAL AMOUNT -106,170.