Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2020
Open to Public Inspection
Name of the organization
CORPORATE AMERICA CREDIT UNION
 
Employer identification number

63-0826485
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2020
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Schedule L (Form 990 or 990-EZ) 2020
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Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) GARY FAIRLEY DIRECTOR   SEE PART V   No
(2) JOEY HAND DIRECTOR   SEE PART V   No
(3) JOYCE HARRISON DIRECTOR   SEE PART V   No
(4) HEATH HARRELL DIRECTOR   SEE PART V   No
(5) MONTE HILL DIRECTOR   SEE PART V   No
(6) BRAD LONG DIRECTOR   SEE PART V   No
(7) STEVE NIX DIRECTOR   SEE PART V   No
(8) BLANE MINK DIRECTOR   SEE PART V   No
(9) MARK JOHNSON DIRECTOR   SEE PART V   No
(10) GEORGE GLASSER DIRECTOR   SEE PART V   No
(11) NANCY KLINE DIRECTOR   SEE PART V   No
(12) BRAD HOULE DIRECTOR   SEE PART V   No
(13) KENDALL SPEED DIRECTOR   SEE PART V   No
(14) ERIC RENAUD DIRECTOR   SEE PART V   No
(15) MICHAEL MILLER DIRECTOR   SEE PART V   No
(16) MILES STRICKLAND SUPERVISORY COMMITTEE MEMBER   SEE PART V   No
(17) ED TURK SUPERVISORY COMMITTEE MEMBER   SEE PART V   No
(18) WHITNEY OSWALT SUPERVISORY COMMITTEE MEMBER   SEE PART V   No
(19) TANGELA S SOUDERS SUPERVISORY COMMITTEE MEMBER   SEE PART V   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
PART IV (D) - SUPPLEMENTAL INFORMATION CORPORATE AMERICA HAS APPROXIMATELY 503 VOTING MEMBERS/OWNERS. THESE MEMBERS ELECT, AS CORPORATE AMERICA'S GOVERNING BODY, A CORPORATE AMERICA BOARD OF DIRECTORS OF NOT LESS THAN FIVE MEMBERS AND A SUPERVISORY COMMITTEE OF AT LEAST THREE BUT NO MORE THAN FIVE MEMBERS. THE ELECTED MEMBERS ARE SENIOR OFFICERS AT CREDIT UNIONS AND THUS, ARE OFFICIALS OF THE RESPECTIVE CREDIT UNIONS.CORPORATE AMERICA, AS A CORPORATE CREDIT UNION, PROVIDES INVESTMENT, LENDING, SETTLEMENT AND CORRESPONDENT SERVICES TO NATURAL PERSON MEMBER CREDIT UNIONS, INCLUDING THE CREDIT UNIONS REPRESENTED BY THE CORPORATE AMERICA BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE.TRANSACTIONS WITH THE CREDIT UNIONS REPRESENTED BY THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE ARE IN THE ORDINARY COURSE OF BUSINESS AND ARE THE SAME TERMS, INCLUDING INTEREST RATES AND COLLATERAL, AS THOSE PREVAILING AT THE TIME FOR COMPARABLE TRANSACTIONS WITH UNRELATED PARTIES.
Schedule L (Form 990 or 990-EZ) 2020


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