SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
1st Choice Credit Union
 
Employer identification number

58-6035220
Return Reference Explanation
Members or stockholder classes and rights Part VI line 6 THE MEMBERSHIP IS DEFINED BY A CERTIAN GROUP THAT QUALIFIES (FIELD OF MEMBERSHIP).
Member election for additional members Part VI line 7a THE CREDIT UNIONS BOARD OF DIRECTORS IS ELECTED BY MEMBERS.
Governing body decisions Part VI line 7b CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERS.
Local chapters branches affiliates Part VI line 10a THERE ARE POLICIES AND PROCEDURES IN PLACE TO GOVERN OTHER BRANCHES.
Form 990 governing body review Part VI line 11 FORM 990 IS REVIEWED BY BOARD AT THE REGULARLY SCHEDULED BOARD MEETINGS BEFORE FILING, OR AT THE NEXT SCHEDULED MEETING AFTER FILING.
Conflict of interest policy compliance Part VI line 12c ENFORCEMENT OF CONFLICTS OF INTEREST IS ACTIVELY CARRIED OUT BY THE BOARD OF DIRECTORS.
CEO executive director top management comp Part VI line 15a COMPENSATION FOR CEO, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT IS SUBJECT TO REVIEW AND ACCEPTANCE BY MEMBERS OF THE BOARD.
Other officer or key employee compensation Part VI line 15b COMPENSATION FOR KEY OFFICIALS IS SUBJECT TO REVIEW AND ACCEPTANCE BY MEMBERS OF THE BOARD.
Governing documents etc available to public Part VI line 19 GOVERNING DOCUMENTS, ETC. ARE AVAILABLE TO PUBLIC.
List of other fees for services expenses Part IX line 11g Outside Services 281,273-----------------------------------TOTAL: 281,273
List of other expenses Part IX line 24e Micellaneous Expenses 17,517Software Support 14,257 ADP-Human Resources 5,631Shared Branching 19,428Internet Banking 5,652Bill Pay Expense 21,755Loan Loss 52,701ACH/Debit Card 22,972Pulse/Lynk ATM Network 8,362Security 8,180Dividends 13,953ATM Network Fees 35,466Cash over & short 2,281Fiserv 12,659Bldg Repair & Landscaping 4,912Statement/Mailhouse 6,800-----------------------------------TOTAL: 252,526
Balance Sheet Part X Notes and Loans Receivable, NET:Mastercards 1,080,690New Automobiles 1,681,500Used Automobiles 4,905,503Mortgages 1,169,284Other Member Loans 1,304,342Other Loans 5,561,047-----------------------------------TOTAL BOY: 15,702,366Mastercards 1,129,408New Automobiles 3,664,789Used Automobiles 9,015,271Mortgages 3,565,742Other Member Loans 2,206,544Business Loans 2,643,618-----------------------------------TOTAL EOY: 22,225,372
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2022


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