TY 2013 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) JAMES MARTENS........................................................................
CHAIRPERSON

2.00
.......................

2,122

(2) DANIEL JOHN........................................................................
TREASURER

1.00
.......................

(3) MARJORIE RAMSEY........................................................................
SECRETARY

1.00
.......................

(4) RHONDA CASEY........................................................................
DIRECTOR

1.00
.......................

(5) DOUG SASSMAN........................................................................
DIRECTOR

1.00
.......................

(6) DAVID BUSCH........................................................................
VICE CHAIRPERSON

1.00
.......................

(7) LEE ROY PORTER JR........................................................................
DIRECTOR

1.00
.......................

(8) JERRY JOHNSON........................................................................
DIRECTOR

1.00
.......................

(9) PAMELA LEWIS........................................................................
DIRECTOR

1.00
.......................

(10) SANDRA ROBINSON........................................................................
CEO (RETIRED FEB. 2014)

40.00
.......................

126,058

14,047

(11) JASON CROOKS........................................................................
VICE PRESIDENT (BECAME CEO MAR.2014)

40.00
.......................

76,458

2,241

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

FISERV2601 NETWORK BLVD SUITE 600FRISCOTX75034

FULL DATA PROCESSING, ONLINE BANKING, MO

636,659

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.	(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to governments and organizations in the United States. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	224,482	224,482
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	854,557	854,557
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	47,055	47,055
9	Other employee benefits .......	148,796	148,796
10	Payroll taxes ...........	83,932	83,932
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	25,287	25,287
c	Accounting ...........	25,199	25,199
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........
12	Advertising and promotion ....	185,416	185,416
13	Office expenses .......	354,790	354,790
14	Information technology ......	210,456	210,456
15	Royalties ..
16	Occupancy ...........	249,818	249,818
17	Travel ............	33,587	33,587
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......
19	Conferences, conventions, and meetings ....	10,250	10,250
20	Interest ...........	172,915	172,915
21	Payments to affiliates .......	19,936	19,936
22	Depreciation, depletion, and amortization .....	193,579	193,579
23	Insurance ..............	57,159	57,159
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	CREDIT/DEBIT CARD EXPEN	395,544	395,544
b	PROVISION FOR LOAN LOSS	171,000	171,000
c	LOAN EXPENSE	78,562	78,562
d	NCUSIF EXPENSE	50,203	50,203
e	All other expenses	326,232	326,232
25	Total functional expenses. Add lines 1 through 24e	3,918,755	3,918,755	0	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.

(A)
Total expenses

(B)
Program service expenses

(D)
Fundraising expenses

Grants and other assistance to governments and organizations in the United States. See Part IV, line 21

Grants and other assistance to individuals in the United States. See Part IV, line 22

Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16

Benefits paid to or for members

Compensation of current officers, directors, trustees, and key employees ....

224,482

Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....

Other salaries and wages

854,557

Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....

47,055

Other employee benefits .......

148,796

Payroll taxes ...........

83,932

Fees for services (non-employees):

Management ......

Legal .........

25,287

Accounting ...........

25,199

Lobbying ...........

Professional fundraising services. See Part IV, line 17

Investment management fees ......

Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........

Advertising and promotion ....

185,416

Office expenses .......

354,790

Information technology ......

210,456

Royalties ..

Occupancy ...........

249,818

Travel ............

33,587

Payments of travel or entertainment expenses for any federal, state, or local public officials ......

Conferences, conventions, and meetings ....

10,250

Interest ...........

172,915

Payments to affiliates .......

19,936

Depreciation, depletion, and amortization .....

193,579

Insurance ..............

57,159

Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)

CREDIT/DEBIT CARD EXPEN

395,544

PROVISION FOR LOAN LOSS

171,000

LOAN EXPENSE

78,562

NCUSIF EXPENSE

50,203

All other expenses

326,232

Total functional expenses. Add lines 1 through 24e

3,918,755

Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet

if following SOP 98-2 (ASC 958-720).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............	767,458	1	814,465
2	Savings and temporary cash investments .........	9,026,903	2	6,210,954
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............		4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6
7	Notes and loans receivable, net .............	40,187,944	7	51,646,074
8	Inventories for sale or use ..............		8
9	Prepaid expenses and deferred charges ..........	129,865	9	233,926
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	4,460,651
b	Less: accumulated depreciation .....	10b	2,319,587	2,288,504	10c	2,141,064
11	Investments—publicly traded securities ..........		11
12	Investments—other securities. See Part IV, line 11 .....		12	1
13	Investments—program-related. See Part IV, line 11 .....	15,563,229	13	10,589,700
14	Intangible assets ...............		14
15	Other assets. See Part IV, line 11 ...........	949,279	15	977,432
16	Total assets. Add lines 1 through 15 (must equal line 34)......	68,913,182	16	72,613,616
	17	Accounts payable and accrued expenses .........	873,149	17	852,833
18	Grants payable .................		18
19	Deferred revenue ................		19
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ....		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................	61,667,275	25	65,099,090
26	Total liabilities. Add lines 17 through 25.........	62,540,424	26	65,951,923
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets ...........		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........	0	30	0
31	Paid-in or capital surplus, or land, building or equipment fund .....	2,331,237	31	2,831,237
32	Retained earnings, endowment, accumulated income, or other funds	4,041,521	32	3,830,456
33	Total net assets or fund balances ...........	6,372,758	33	6,661,693
34	Total liabilities and net assets/fund balances ........	68,913,182	34	72,613,616

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............

(A)
Beginning of year

(B)
End of year

Cash–non-interest-bearing .............

767,458

814,465

Savings and temporary cash investments .........

9,026,903

6,210,954

Pledges and grants receivable, net ...........

Accounts receivable, net .............

Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................

Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L

Notes and loans receivable, net .............

40,187,944

51,646,074

Inventories for sale or use ..............

Prepaid expenses and deferred charges ..........

129,865

233,926

10a

Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D

10a

4,460,651

Less: accumulated depreciation .....

10b

2,319,587

2,288,504

10c

2,141,064

Investments—publicly traded securities ..........

Investments—other securities. See Part IV, line 11 .....

Investments—program-related. See Part IV, line 11 .....

15,563,229

10,589,700

Intangible assets ...............

Other assets. See Part IV, line 11 ...........

949,279

977,432

Total assets. Add lines 1 through 15 (must equal line 34)......

68,913,182

72,613,616

Accounts payable and accrued expenses .........

873,149

852,833

Grants payable .................

Deferred revenue ................

Tax-exempt bond liabilities .............

Escrow or custodial account liability. Complete Part IV of Schedule D..

Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified

persons. Complete Part II of Schedule L..........

Secured mortgages and notes payable to unrelated third parties ..

Unsecured notes and loans payable to unrelated third parties ....

Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................

61,667,275

65,099,090

Total liabilities. Add lines 17 through 25.........

62,540,424

65,951,923

Organizations that follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 27 through 29, and lines 33 and 34.

Unrestricted net assets ..............

Temporarily restricted net assets ...........

Permanently restricted net assets ...........

Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 30 through 34.

Capital stock or trust principal, or current funds ........

Paid-in or capital surplus, or land, building or equipment fund .....

2,331,237

2,831,237

Retained earnings, endowment, accumulated income, or other funds

4,041,521

3,830,456

Total net assets or fund balances ...........

6,372,758

6,661,693

Total liabilities and net assets/fund balances ........

68,913,182

72,613,616

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate contributions to (during year) ...
3	Aggregate grants from (during year) .....
4	Aggregate value at end of year ........


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

		Amount
c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Description of property	(a) Cost or other basis (investment)	(c) Accumulated depreciation	(d) Book value
1a	Land .................	283,648		283,648
b	Buildings ................	2,889,113	1,358,873	1,530,240
c	Leasehold improvements ............	155,457	118,529	36,928
d	Equipment ................	1,132,433	842,185	290,248
e	Other .................
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......	2,141,064

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1	4,148,935
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains on investments ..........	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d	17,565
e	Add lines 2a through 2d .....................	2e	17,565
3	Subtract line 2e from line 1.....................	3	4,131,370
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.......................	4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5	4,131,370

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1	3,936,320
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d	17,565
e	Add lines 2a through 2d......................	2e	17,565
3	Subtract line 2e from line 1.....................	3	3,918,755
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.......................	4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5	3,918,755

Return Reference	Explanation
PART X, LINE 2:	IN ACCORDANCE WITH THE INCOME TAXES TOPIC OF THE FASB ASC, THE CREDIT UNION EVALUATES UNCERTAIN TAX BENEFITS ARISING FROM TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BASED UPON THE LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY APPLICABLE TAX AUTHORITIES. IF THE CREDIT UNION DETERMINES THAT A TAX POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED, IT RECOGNIZES THE LARGEST AMOUNT OF THE ARISING BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT IN THE FINANCIAL STATEMENTS. ANY TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT DO NOT PASS THE MORE LIKELY THAN NOT TEST, THE CREDIT UNION ESTABLISHES RESERVES OFFSETTING THE BENEFITS RELATED TO SUCH POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN THE CURRENT PERIOD PROVISION FOR INCOME TAXES IN THE CREDIT UNION'S STATEMENT OF INCOME AND ARE INCLUDED AS A CURRENT LIABILITY IN THE BALANCE SHEET.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	LOSS ON FORECLOSED ASSETS 17,565.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	LOSS ON FORECLOSED ASSETS 17,565.

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

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 to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public
Inspection

Name of the organization

AFFINITY CREDIT UNION

Employer identification number

42-0794732

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	SANDRA ROBINSON, CEO, AND JASON CROOKS, VICE PRESIDENT OF OPERATIONS (2ND IN COMMAND) ARE AUNT AND NEPHEW.
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION IS A CREDIT UNION WITH MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	THE ENTIRE BOARD OF DIRECTORS IS VOTED ON BY THE MEMBERSHIP OUT OF THE MEMBERSHIP. EVERY YEAR THERE ARE THREE POSITIONS UP FOR ELECTION FOR THREE YEAR TERMS (9 BOARD MEMBERS). BOARD MEMBERS COME OUT OF THE GENERAL MEMBERSHIP AND ANY MEMBER IN GOOD STANDING CAN RUN FOR THE BOARD. A MEMBER IN GOOD STANDING IS ONE WHO IS NOT DELINQUENT ON LOAN PAYMENTS, HAS THE MINIMUM $25 MEMBERSHIP AMOUNT ON DEPOSIT, AND HAD NOT CAUSED THE CREDIT UNION A LOSS (CHARGED OFF). FOR BOARD/VOTING PURPOSES THE MEMBER MUST ALSO BE AT LEAST 16 YEARS OLD. EACH MEMBER HAS ONE VOTE FOR EACH OPEN POSITION.
FORM 990, PART VI, SECTION A, LINE 7B	THE MEMBERSHIP OF THE CREDIT UNION IS REQUIRED TO VOTE ON ANY ACTION THAT WOULD CHANGE THE BYLAWS OF THE CREDIT UNION. THIS INCLUDES BUT IS NOT LIMITED TO, NAME CHANGE, MERGERS, AND CHARTER CONVERSION (CHANGING STRUCTURE AWAY FROM A CREDIT UNION).
FORM 990, PART VI, SECTION B, LINE 11	THE CEO AND FINANCE MANAGER REVIEW THE FORM AFTER THE CPA FIRM COMPLETED IT BASED ON THE INFORMATION PROVIDED TO THEM BY THE CREDIT UNION. AFTER THE FORM HAS BEEN REVIEWED BY MANAGEMENT ADDITIONAL COPIES ARE MADE AND GIVEN TO THE BOARD OF DIRECTORS TO REVIEW PRIOR TO THE CEO SIGNING THE RETURN.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. THE BOARD OF DIRECTORS AND MANAGEMENT ARE RESPONSIBLE FOR MONITORING.
FORM 990, PART VI, SECTION B, LINE 15A	IPERFORMEASE AND COMPEASE SOFTWARE IS USED TO ESTABLISH AND MAINTAIN JOB PAY SCALES AND ENSURE EQUITABLE REVIEWS FOR EMPLOYEES IN THE SAME JOB CLASS AND INCLUDES WRITTEN JOB DESCRIPTIONS WITH WRITTEN EXPECTATIONS THAT ARE USED BY THE IMMEDIATE SUPERVISOR TO CREATE THE PERFORMANCE REVIEW THAT IS REVIEWED BY TWO LEVELS OF UPPER MANAGEMENT.
FORM 990, PART VI, SECTION C, LINE 18	A COPY OF THE CURRENT 990 IS KEPT AT THE RECEPTIONIST'S DESK OF OUR MAIN OFFICE AND IS AVAILABLE FOR REVIEW DURING NORMAL BUSINESS HOURS.
FORM 990, PART VI, SECTION C, LINE 19	THE MONTHLY FINANCIAL STATEMENT IS POSTED IN THE LOBBY OF EACH THE OF THE BRANCHES.
FORM 990 PAGE 12 PART XII LINE 3C	THE AUDIT COMMITTEE; WHICH IS COMPOSED OF BOARD MEMBERS; HIRES THE CPA FIRM AND POLICYWORKS TO COME IN AND PERFORM REGULAR OUTSIDE AUDITS AND THE RESULTS ARE REPORTED TO THE FULL BOARD. IF ANY AUDIT WERE TO FIND AN ISSUE OF CONCERN IT WOULD BE REPORTED TO THE COMMITTEE CHAIR AND THE CEO (UNLESS THE CEO WAS PART OF THE PROBLEM). THE CEO AND VICE PRESIDENT OF OPERATIONS BOTH ASSIST IN ENSURING THAT ALL NECESSARY AUDITS OCCUR WHEN NEEDED AS THE AUDIT COMMITTEE MEMBERS ARE ALL VOLUNTEERS AND THE CEO AND VP ARE ON SITE DAILY. ON A DAILY BASIS THE CEO WORKS WITH THE ACCOUNTANT MAINTAIN THE BOOKS AND EITHER THE CEO OR VICE PRESIDENT OF OPERATIONS MUST APPROVE AND INITIAL ALL INVOICES BEFORE THEY ARE PAID.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2013

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: AFFINITY CREDIT UNION IS COMMITTED TO PROVIDING INNOVATIVE AND EXCELLENT PERSONAL SERVICE AND FINANCIAL PRODUCTS TO OUR MEMBERSHIP WHILE MAINTAINING FINANCIAL STABILITY.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	9
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	9
5	Total number of individuals employed in calendar year 2013 (Part V, line 2a) ......	5	38
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	-4,062

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	2,119,375	2,300,942
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	161,617	111,782
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	1,685,605	1,718,646
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	3,966,597	4,131,370
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	1,386,332	1,358,822
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	2,523,989	2,559,933
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	3,910,321	3,918,755
19	Revenue less expenses. Subtract line 18 from line 12.......	56,276	212,615
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	68,913,182	72,613,616
21	Total liabilities (Part X, line 26).............	62,540,424	65,951,923
22	Net assets or fund balances. Subtract line 21 from line 20.....	6,372,758	6,661,693

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 3,918,755 including grants of $ ) (Revenue $ 4,002,023 )
	AFFINITY CREDIT UNION PROVIDES A WIDE VARIETY OF SERVICES TO ITS MEMBERS; THE PRIMARY DEPOSIT PRODUCTS ARE SHARES AND SHARE DRAFTS. ANOTHER MAJOR PROGRAM AT AFFINITY CREDIT UNION IS OUR LENDING PROGRAM, WE OFFER A WIDE VARIETY OF LOANS INCLUDING NEW AND USED AUTO, SIGNATURE, MASTERCARD, REAL ESTATE SECURED AND LIMITED COMMERCIAL LOANS. OUR INDIRECT PROGRAM PROVIDES US WITH PARTNERSHIPS WITH AUTO DEALERS IN THE STATE OF IOWA. ANOTHER SERVICE THAT AFFINITY CREDIT UNION OFFERS IS OUR WIDE RANGE OF ONLINE SERVICES THAT INCLUDES BILL PAY AND MOBILE APP. MEMBERS HAVE THE OPPORTUNITY TO ACCESS THEIR ACCOUNT FROM THE INTERNET OR THROUGH A MOBILE APP. USING OUR FREE ONLINE SERVICES MEMBERS CAN VIEW ACCOUNT DETAILS, INCLUDING COPIES OF CLEARED SHARE DRAFTS, TRANSFER FUNDS WITHIN THEIR ACCOUNT OR TO OTHER AUTHORIZED ACCOUNTS, MAKE LOAN PAYMENTS, PAY BILLS VIA OUR BILL PAY SYSTEM, VIEW STATEMENTS, AND APPLY FOR LOANS. WE ALSO OFFER LINKS TO VARIOUS FINANCIAL ASSISTANCE WEB SITES FOR MEMBERS OF ALL AGES.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses3,918,755

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	204,638	0	16,288

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c
d	Related organizations...1d
e	Government grants (contributions)1e

f	All other contributions, gifts, grants, and similar amounts not included above1f

g	Noncash contributions included in lines 1a-1f:$
h	Total. Add lines 1a-1f.......
			Business Code
2a	LOAN INTEREST		522100	2,300,942	2,300,942
b
c
d
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........			2,300,942
3	Investment income (including dividends, interest, and other similar amounts).......			129,347			129,347
4	Income from investment of tax-exempt bond proceeds..
5	Royalties...........
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses		17,565
c	Gain or (loss)		-17,565
d	Net gain or (loss)..........			-17,565	-17,565
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ..
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Miscellaneous Revenue			Business Code
11a	SERVICE FEES		522100	953,158	953,158
b	CREDIT/DEBIT CARD FEES		522100	489,775	489,775
c
d	All other revenue ....			275,713	275,713
e	Total. Add lines 11a–11d ......			1,718,646
12	Total revenue. See Instructions......			4,131,370	4,002,023	0	129,347

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....
b	Contributions ........
c	Net investment earnings, gains, and losses
d	Grants or scholarships .....
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....
g	End of year balance ......

(a) Description of security or category (including name of security)		(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) CERTIFICATE OF DEPOSIT	9,990,000	C
(2) CORPORATE CENTRAL	516,500	C
(3) FED HOME LOAN BK MEMBERSHIP STOCK	83,200	C






Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)	10,589,700

1.(a) Description of liability		(b) Book value
Federal income taxes
MEMBER SHARES		65,099,090








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		65,099,090
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................