2026-06-26T13:06:27-04:00 2025-12-31 994503147 WAVERLY BUSINESS SERVICES 6856 LOOP RD DAYTON OH 45459 990 2025-01-01 340835818 EMERALD CREDIT UNION EMER 2163651010 13201 GRANGER ROAD STE 1 CLEVELAND OH 44125 LINDSAY ANDEXLER CEO 2163651010 2026-06-23 true ERIN ALDERSON EA P01231640 9374352742 2026-06-25 2025 2025-03-06 01:10:19Z LINDSAY ANDEXLER 13201 GRANGER ROAD SUITE 1 CLEVELAND OH 44125 2282476 false X WWW.EMERALDGCU.COM X C.U. 1955 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. 9 6 13 6 0 87798 1728808 1620223 318412 71363 6750 75 2053970 1779459 0 112878 111919 842756 847134 0 0 1139545 1128706 2095179 2087759 -41209 -308300 33932146 32238605 30651708 29261933 3280438 2976672 X 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 6,457 DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 3,474 MEMBERS. DIRECT LABOR AND EMPLOYEE BENEFIT COSTS INCURRED PROVIDING SAVINGS DEPOSIT SERVICES, ORIGINATING NEW LOANS AND SERVICING THE LOAN PORTFOLIO FOR MEMBERS. PROVISION FOR LOAN LOSS EXPENSE FOR MEMBER LOANS. false false false false false false false false false true true false true true false false 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 true 353 0 13 true false false false false false false false false X 9 6 false false false false true true false true true false false true true true true true true true false false X X LINDSAY ANDEXLER 2165815581 13201 GRANGER ROAD STE 1 CLEVELAND OH 44125 LINDSAY ANDEXLER CEO 40.00 X 123810 0 0 JEFF LANZEN CLO 40.00 X 65895 0 21679 BONNIE GALL CRO 40.00 X 70807 0 7308 DONNA GALLAVAN DIRECTOR 1.00 X 0 0 0 JAMES MARUNOWSKI DIRECTOR 1.00 X 0 0 0 STANLEY PERRY DIRECTOR 1.00 X 0 0 0 ROB ROUTSON DIRECTOR 1.00 X 0 0 0 BETTY ROYCE DIRECTOR 1.00 X 0 0 0 RICHARD STEFANKO DIRECTOR 1.00 X 0 0 0 260512 28987 1 false false false 87798 87798 LOAN INTEREST 522291 1136393 1136393 FEE INCOME 522100 483830 483830 1620223 341011 341011 233369 503017 -269648 -269648 -269648 MISCELLANEOUS INCOME 75 75 75 1779459 1350575 341086 X 111919 260512 458955 72828 54839 2200 32267 294354 35470 65563 177076 88912 1967 1350 18 9072 26876 PROVISION FOR LOAN LOSS 166402 VISA EXPENSES 78811 LOAN SERVICING 75098 TELEPHONE 32903 40367 2087759 0 0 0 126577 217272 64700 135664 332785 323130 21118240 18374081 25943 54928 361003 319651 539011 41352 26858 12293 10387437 10633591 402638 402638 907957 2043656 33932146 32238605 412893 688085 30238815 28573848 30651708 29261933 X 3280438 2976672 3280438 2976672 33932146 32238605 -308300 4534 X false false 14231 14231 346772 305420 41352 41352 OTHER INVESTMENTS 10633591 C 10633591 OTHER ASSETS 2043656 2043656 MEMBER SAVINGS & CD ACCOUNTS 28573848 28573848 RICHARD STEFANKO DIRECTOR HOME EQUITY LOAN X 50000 130806 false true true JEFF LANZEN CLO HOME EQUITY LOAN X 118000 116266 false true true ROB ROUTSON DIRECTOR MORTGAGE LOAN X 150000 21648 false true true RICHARD STEFANKO DIRECTOR VISA LOAN X 18890 false true true BONNIE GALL CRO VISA X 15931 false true true BONNIE GALL CRO HOME EQUITY LOAN X 14270 14035 false true true LINDSAY ANDEXLER CEO VISA X 5554 false true true 323130 FORM 990 - ORGANIZATION'S MISSION 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. FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS COMPRISED OF A SINGLE CLASS OF APPROXIMATELY 3,474 MEMBER-OWNERS, EACH OF WHICH HAS EQUAL RIGHTS IN OWNERSHIP, GOVERNANCE AND VOTING RIGHTS AT THE ANNUAL MEETINGS, 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 THE MEMBERS OF THE BOARD OF DIRECTORS FOR 3-YEAR TERMS ON A ROTATING BASIS. CANDIDATES ARE ELECTED BY A SIMPLE PLURALITY VOTE. THE BOARD OF DIRECTORS APPOINTS VOLUNTEERS TO SERVE ON THE SUPERVISORY COMMITTEE, WHICH IS VESTED WITH MONITORING SAFETY AND SOUNDNESS OF THE ORGANIZATION. 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 CEO, INCLUDING A CONFIRMATION OF ACCURACY OF EVERY ANSWER AND OVERSIGHT OF APPROPRIATE CHANGES. UPON COMPLETION OF THE PRESIDENT'S REVIEW, THE FORMS WILL BE PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY IS REVIEWED ANNUALLY WITH THE BOARD AND EMPLOYEES, AND EACH PERSON SIGNS AN ACKNOWLEDGEMENT FORM OF THE POLICY. THE EMPLOYEES AND BOARD MEMBERS REVIEW AND SIGN OFF ON THE POLICY EVERY YEAR. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION OF THE CEO IS BASED ON A PERFORMANCE REVIEW AND RESEARCH OF PEER GROUP COMPENSATION. AN INDEPENDENT SALARY COMMITTEE CONDUCTS RESEARCH AND MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS WHO THEN ACT UPON IT. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL STATEMENTS ARE POSTED IN THE LOBBIES OF ALL LOCATIONS. GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART IX, LINE 11G ATM/DEBIT PROCESSING 195,499 0 0 PROFESSIONAL / OUTSIDE FEES 98,855 0 0 TOTAL 294,354 0 0