2025-11-14T12:56:01-06:00 2024-12-31 202122306 GBQ PARTNERS LLC 4030 SMITH ROAD SUITE 400 CINCINNATI OH 45209 990 2024-01-01 316040060 OUCU FINANCIAL CREDIT UNION FKA OHIO UNIVERSITY CREDIT UNION OUCU 7405972800 944 E STATE STREET ATHENS OH 45701 CORY CORRIGAN CEO 7405972800 2025-11-14 1 1 KATHLEEN M MOSELEY P00116760 5138713033 2024 2025-03-06 01:10:19Z CORY A CORRIGAN 944 E STATE STREET ATHENS OH 45701 31880517 0 X WWW.OUCU.ORG X 1955 OH PROVIDE FINANCIAL SERVICES TO ITS MEMBERS. 9 9 142 0 1633916 0 0 0 25403533 29891276 3380483 1989241 0 0 28784016 31880517 0 0 0 0 10709186 12364801 0 0 0 14269606 17118974 24978792 29483775 3805224 2396742 510244026 502923943 462350083 451840874 47893943 51083069 X SEE SCHEDULE O 0 0 29483775 THE OUCU FINANCIAL CREDIT UNION HAS PROVIDED OVER 25,000+ MEMBERS WITH SAFETY AND SOUNDESS OF THEIR DEPOSITS MADE TO US, AS SHOWN BY GROWTH IN DEPOSIT BALANCES FROM THE PREVIOUS YEAR. IN ADDITION TO HAVING OFFERED OUR MEMBERS THE SAFETY OF THEIR SAVINGS, WE ALSO HAVE CONTINUED TO OFFER A VAST ARRAY OF ADDITIONAL PRODUCTS AND SERVICES TO HELP PROMOTE THEIR FINANCIAL WELL-BEING INCLUDING FIRST AND SECOND MORTGAGES, AUTO LOANS, SECURED AND UNSECURED LOANS, CREDIT CARDS, AND MEMBER BUSINESS LOANS. FREE SEMINARS TO EDUCATE OUR MEMBERS ON SUCH TOPICS AS HOMEBUYING, IRA'S, WILLS & TRUSTS, LONG-TERM CARE INSURANCE, AND OTHER FINANCIAL RELATED TOPICS ARE ANOTHER BENEFIT WE PROVIDE TO HELP ENSURE MEMBERS REACH THEIR FINANCIAL GOALS. WE ARE DEDICATED TO CONTINUE OFFERING OUR MEMBERS THESE PRODUCTS AND SERVICES IN THE FUTURE AND UPGRADE OUR PRODUCTS AND SERVICES TO BEST SERVE THEM AS NEEDED. 29483775 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 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 23 0 1 142 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 0 1 1 1 0 OH X NICK JENSEN CFO 7405972800 944 E STATE ATHENS OH 45701 BUTCH HILL DIRECTOR 1.00 X 0 0 0 BOB COURTNEY DIRECTOR 1.00 X 0 0 0 TRAVIS DAVIDSON DIRECTOR 1.00 X 0 0 0 KAREN DEARDORFF DIRECTOR 1.00 X 0 0 0 WARREN JEFFERS DIRECTOR 1.00 X 0 0 0 THOM LUCE DIRECTOR 1.00 X 0 0 0 TOM PERRY DIRECTOR 1.00 X 0 0 0 CLIF MASON DIRECTOR 1.00 X 0 0 0 JENNIFER L'HEUREUX DIRECTOR 1.00 X 0 0 0 TRACY KELLY DIRECTOR 1.00 X 0 0 0 WES HARKINS DIRECTOR 1.00 X 0 0 0 CORY CORRIGAN CEO 40.00 X 489434 0 41400 JEAN BLAIR CTO 40.00 X 274902 0 41398 DANITA SHARP COO 40.00 X 272373 0 32685 BRIAN SMITH-VANDERGRIFF CHIEF FINANCIAL & STRATEGY OFFICER 40.00 X 205543 0 13357 AUDREY LANNING VP OF MARKETING 40.00 X 227326 0 25729 DEBRA WAYLAND CAO 40.00 X 226046 0 25671 NICHOLAS JENSEN CFO 40.00 X 187673 0 0 SAMANTHA HIBBARD VP OF RETAIL SALES AND SERVICE 40.00 X 130756 0 15691 ROMNEY COX SR FINANCIAL ADVISOR 40.00 X 750710 0 41900 TRACEY JAMES VP OF RISK 40.00 X 206763 0 24811 MARK SNIDER SR FINANCIAL ADVISOR 40.00 X 186039 0 0 LAURA PRATT MARKETING MANAGER 40.00 X 149871 0 17985 DONNA RUSSELL SR COMMERCIAL LENDER 40.00 X 146661 0 17599 3454097 0 298226 22 0 1 0 0 INTEREST ON LOANS 522100 22058076 22058076 FEES & COMMISSIONS 522100 5103443 5056172 47271 OTHER INCOME 522100 2729757 1143112 1586645 29891276 1989241 1989241 31880517 28257360 1633916 1989241 2209984 2209984 7461023 7461023 664296 664296 1365984 1365984 663514 663514 71166 71166 208903 208903 611114 611114 743234 743234 2885065 2885065 723827 723827 297757 297757 5952390 5952390 243061 243061 PROVISION FOR LOAN LOSS 2279705 2279705 ATM/DEBIT CARD EXPENSE 1276856 1276856 MISCELLANEOUS 1048021 1048021 LOAN SERVICING 777875 777875 29483775 29483775 0 0 3774010 5558334 44012135 20829885 375047901 393422886 20655412 7349737 8880025 13305675 64892304 56294901 13637651 13512262 510244026 502923943 5718682 3569236 2243630 1988432 60000000 25000000 2378000 1331680 392009771 419951526 462350083 451840874 X 0 0 0 0 47893943 51083069 47893943 51083069 510244026 502923943 2396742 792384 0 X X 0 1 X 1 0 2412812 2412812 9029006 3695746 5333260 1139635 929417 210218 4633760 2475085 2158675 3440199 249489 3190710 13305675 SECURITIES AVAILABLE FOR SALE 50506540 F NON NEGOTIABLE CERTIFCATES OF DEPOSIT 2968000 C CORPORATE ONE FCU PERPETUAL CAPITAL 900000 C CUSO INVESTMENT 365561 C FEDERAL HOME LOAN BANK STOCK 1554800 C 56294901 MEMBER SHARES 419951526 419951526 X 31880517 0 31880517 0 31880517 29483775 0 29483775 0 29483775 PART X, LINE 2: THE CREDIT UNION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ITS CONSOLIDATED FINANCIAL STATEMENTS AS REQUIRED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION ACCOUNTING. MANAGEMENT DETERMINED THERE WERE NO MATERIAL UNCERTAIN POSITIONS TAKEN BY THE CREDIT UNION IN ITS TAX RETURNS. 0 1 0 ROMNEY COX SR FINANCIAL ADVISOR 89722 0 660988 0 0 0 41400 0 500 0 792610 0 0 0 CORY CORRIGAN CEO 428329 0 61105 0 0 0 41400 0 0 0 530834 0 0 0 JEAN BLAIR CTO 242893 0 32009 0 0 0 41398 0 0 0 316300 0 0 0 DANITA SHARP COO 241515 0 30858 0 0 0 32685 0 0 0 305058 0 0 0 AUDREY LANNING VP OF MARKETING 200741 0 26585 0 0 0 25729 0 0 0 253055 0 0 0 DEBRA WAYLAND CAO 201060 0 24986 0 0 0 25671 0 0 0 251717 0 0 0 TRACEY JAMES VP OF RISK 182953 0 23810 0 0 0 24811 0 0 0 231574 0 0 0 BRIAN SMITH-VANDERGRIFF CHIEF FINANCIAL & STRATEGY OFFICER 29240 0 42303 0 134000 0 13107 0 250 0 218900 0 0 0 NICHOLAS JENSEN CFO 176923 0 10750 0 0 0 0 0 0 0 187673 0 0 0 MARK SNIDER SR FINANCIAL ADVISOR 120000 0 66039 0 0 0 0 0 0 0 186039 0 0 0 LAURA PRATT MARKETING MANAGER 131429 0 18442 0 0 0 17985 0 0 0 167856 0 0 0 DONNA RUSSELL SR COMMERCIAL LENDER 115245 0 31416 0 0 0 17599 0 0 0 164260 0 0 0 PART I, LINE 4B BRIAN SMITH-VANDERGRIFF RECEIVED A PAYOUT OF $134,000 FROM THE 457F PLAN. THIS PAYOUT IS INCLUDED IN TOTAL COMPENSATION AND IS REPORTED AS OTHER REPORTABLE COMPENSATION ON SCHEDULE J, PART II. FORM 990, PART VI, SECTION A, LINE 6 OUCU FINANCIAL CREDIT UNION IS A MEMBER-OWNED FINANCIAL INSTITUTION WHOSE BOARD OF DIRECTORS, SENIOR MANAGEMENT, AND STAFF ARE COMMITTED TO OFFERING A BROAD RANGE OF PRODUCTS AND SERVICES WHICH SUPPORTS OUR MEMBERS' FINANCIAL WELL-BEING AND SUCCESS; PROVIDING PRODUCTS AND SERVICES, IN A COST-EFFECTIVE MANNER, THAT WILL PROTECT THE FISCAL INTEGRITY OF OUR MEMBERS' RESOURCES AND THE CREDIT UNION; BEING ACTIVE AND CONTRIBUTING MEMBERS OF OUR COMMUNITY; MAINTAINING A CLOSE RELATIONSHIP WITH OUR SPONSOR, OHIO UNIVERSITY; OFFERING EDUCATIONAL OPPORTUNITIES TO OUR MEMBERS TO ASSIST THEM IN MEETING THEIR FINANCIAL GOALS; AND DEVELOPING AND MAINTAINING RELATIONSHIPS WITH OUR MEMBERS IN ACCORDANCE WITH THE CREDIT UNION PHILOSOPHY. FORM 990, PART VI, SECTION A, LINE 7A BALLOT VOTING IS CONDUCTED TO ALLOW ALL MEMBERS TO ELECT NEW MEMBERS OF THE BOARD OF DIRECTORS WHEN THE TERMS EXPIRE. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, AND EMPLOYEES ARE PROHIBITED BY STATUTE AND BY LAW FROM HAVING A CONFLICT OF INTEREST AS STATED IN SECTION 1600 OF THE OPERATIONS MANUAL FOR THE OUCU FINANCIAL CREDIT UNION. COMPLIANCE OF THESE STATUTES IS MONITORED ON AN ONGOING BASIS. FORM 990, PART VI, SECTION B, LINE 15 OFFICER COMPENSATION IS SUBJECT TO REVIEW BY THE BOARD OF DIRECTORS AND APPROVED. COMPENSATION OF KEY EMPLOYEES IS VERFIED BY THE VP OF HR AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STEATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.