• Tyler City Employees Credit Union is committed to making available financial products and services that will enable members to meet their financial needs and reach their financial goals. Protecting personal information and using it in a manner consistent with member expectation is a high priority for Tyler City Employees.

    Members have a responsibility to safeguard their financial information. To ensure that they can rely upon the quality of products and services we make available, we stand behind the following privacy statements:

    Our credit union will collect only the personal information that is necessary to conduct business. That means just what is necessary to provide competitive financial products and services—no more.

    Our credit union will protect personal information. Our credit union will maintain strong security controls to ensure that member information in our files and computer is protected. Where appropriate, we will use security coding techniques to protect against unauthorized access to personal records, ensure accuracy and integrity of communications and transactions, and protect members confidentiality.

    Members have access to their information. Members have the opportunity to review their information and make necessary changes to ensure that our records are complete and accurate.

    Our credit union will only share information when absolutely necessary. We will only share information to administer the products and services we provide, when required to do so by the government, or when we partner with other businesses to offer a broader array of products and services.

    Our credit union will partner only with businesses that follow strict confidentiality requirements. The businesses we select will offer products designed to enhance our members' economic well-being. Under no circumstances will we authorize these firms to charge a member's account without express consent, and we will not sell member information to telemarketing firms.

    Our credit union will offer a choice in how member information is used. Any member of our credit union may elect to keep their information from being shared with our business partners. We will inform members on how to exercise their choice, and we will take all reasonable steps to make sure requests are followed. At least once a year, we will remind all members of their right to choose.

FACTS

 WHAT DOES TYLER CITY EMPLOYEES CREDIT UNION DO WITH YOUR PERSONAL INFORMATION?

Why?

 Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

What?

 The types of personal information we collect and share depend on the product or service you have with us. This information can include:
  • Social Security number and Chex Systems
  • Account Balances and Payment History
  • Credit History and Credit Score
When you are no longer our customer, we continue to share your information as described in this notice.

How?

 All financial companies need to share members personal information to run their everyday business. In the section below, we list the reasons financial companies can share their Members personal information; the reasons Tyler City Employees Credit Union chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information

Does Tyler City Employees Credit Union share?

Can you limit this sharing?

For our everyday business purposes—
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

Yes

No

For our marketing purposes—
to offer our products and services to you

Yes

No

For joint marketing with other financial companies

Yes

No

For our affiliates’ everyday business purposes—
information about your transactions and experiences

No

No

For our affiliates’ everyday business purposes—
information about your creditworthiness

No

No

For nonaffiliates to market to you

Yes

No
Who we are
Who is providing this notice? Tyler City Employees Credit Union
What we do
How does Tyler City Employees Credit Union protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does Tyler City Employees Credit Union collect my personal information? We collect your personal information, for example, when you
  • Open account or deposit money
  • Pay your bills or apply for a loan
  • Use your credit or debit card
Why can’t I limit all sharing? Federal law gives you the right to limit only
  • sharing for affiliates’ everyday business purposes—information about your creditworthiness
  • affiliates from using your information to market to you
  • sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and nonfinancial companies.
  • Tyler City Employees Credit Union has no affiliates.
Nonaffiliates Companies not related by common ownership or control. They can be financial and nonfinancial companies.
  • Nonaffiliates we share with can include companies such as insurance agents and mortgage brokers
Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
  • Our joint marketing partners include insurance agents and mortgage brokers

  • This disclosure describes your ability to withdraw funds at Tyler City Employees Credit Union. It only applies to the availability of funds in transaction accounts. The credit union reserves the right to delay the availability of funds deposited to accounts that are not transaction accounts for periods longer than those disclosed in this policy. Please ask us if you have a question about which accounts are affected by this policy.

    General Policy. Our policy is to make funds from your cash and check deposits available to you on the next business day after we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 3:00 p.m. on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 3:00 p.m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open.

    Reservation of Right to Hold. In some cases, we will not make all of the funds that you deposit by check available to you on the next business day after we receive your deposit. Depending on the type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. However, the first $200.00 of your deposit will be available on the first business day after the day of your deposit. If we are not going to make all of the funds from your deposit available on the next business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the next business day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available.

    Longer Delays May Apply. We may delay your ability to withdraw funds deposited by check into your account an additional number of days for these reasons:

    We believe a check you deposit will not be paid.

    You deposit checks totaling more than $5,000 on any one day.

    You deposit a check that has been returned unpaid.

    You have overdrawn your account repeatedly in the last six (6) months.

    There is an emergency, such as failure of communications or computer equipment.

Financial & Statistical Report Charter #319

For the Period Ending December 2022

Loans Amount
Loans - Total Of $20,252,161.54
Allow for Loan Loss ($75,939.74)
Accounts Receivable $0.00
Cash $303,863.39
Catalyst Corp $1,293,133.04
Corporate America $5.05
Certificates of Deposit $3,324,000.00
Prepaid Assets $61,182.28
Southwest Corp Share Acct $12,542.00
Catalyst Performance Tier $0.00
Land $268,952.06
Building $1,043,739.74
Furn-Equip (Net Depr) $82,194.49
Company Vehicle $5,800.00
Office Renovations $0.00
CMC Flex Soft Lic (Net Depr) $0.00
Accrued Income $71,882.49
Other Assets $65,000.00
NCUA Capitalization $226,958.02
Total Assets $26,935,474.36
Liabilities
Accounts Payable ($37,056.24)
Notes Payable $0.00
Taxes Payable $0.00
Accrued Liabilities $73,907.22
Suspense $0.00
Total Liabilities $110,963.46
Deposits
Regular Shares $15,430,727.27
Checking Accounts $2,680,162.63
IRA Shares $802,226.14
Certificate of Deposit $3,513,294.29
Total Deposits $22,426,410.33
Liabilities & Equity
Regular Reserve $374,667.73
Undivided Earnings $3,833,892.64
Net Income $189,540.20
Total Equity $26,824,510.90
Total Liabilities & Equity $26,935,474.36