MISSOURI CENTRAL CREDIT UNION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
MISSOURI CENTRAL CREDIT UNION (EIN 44-0357634)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-08-15
IRS object ID
201402279349302280
Schema version
2013v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2014-08-15T10:28:45-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN440357634EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MISSOURI CENTRAL CREDIT UNIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlMISSBusinessNameControlTxt
Phone8162460002PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1825 NE DEERBROOK PO BOX 6617AddressLine1
CityLEES SUMMITCity
StateMOState
ZIP Code640646617ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGLENNA OSBORNPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8162460002PhoneNum
Signature2014-08-15SignatureDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGLENNA OSBORNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1825 NE DEERBROOKAddressLine1
CityLEES SUMMITCity
StateMOState
ZIP Code64086ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$1,831,752GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.MOCENTRAL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1931FormationYr
Legal Domicile StateMOLegalDomicileStateCd
Activity Or MissionTO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee26TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$4,053TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$14,554NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,638,434PYProgramServiceRevenueAmt
CY Program Service Revenue$1,627,571CYProgramServiceRevenueAmt
PY Investment Income$200,973PYInvestmentIncomeAmt
CY Investment Income$179,846CYInvestmentIncomeAmt
PY Other Revenue$15,184PYOtherRevenueAmt
CY Other Revenue$15,295CYOtherRevenueAmt
PY Total Revenue$1,854,591PYTotalRevenueAmt
CY Total Revenue$1,822,712CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$783,343PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$779,721CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$958,148PYOtherExpensesAmt
CY Other Expenses$957,278CYOtherExpensesAmt
PY Total Expenses$1,741,491PYTotalExpensesAmt
CY Total Expenses$1,736,999CYTotalExpensesAmt
PY Revenues Less Expenses$113,100PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$85,713CYRevenuesLessExpensesAmt
Total Assets BOY$40,854,360TotalAssetsBOYAmt
Total Assets EOY$42,177,419TotalAssetsEOYAmt
Total Liabilities BOY$35,555,270TotalLiabilitiesBOYAmt
Total Liabilities EOY$36,792,616TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$5,299,090NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,384,803NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 8,578 MEMBERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescPROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2013, THERE WERE 2,328 LOANS OUTSTANDING TOTALING $18,269,012.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescPAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $76,818.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1252IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee26EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GLENNA OSBORNBusinessNameLine1
FieldValueIRS element (for citing)
Phone8162460002PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1825 NE DEERBROOKAddressLine1
CityLEES SUMMITCity
StateMOState
ZIP Code64086ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
JOHN TOM LOVELL JR
CHAIRPERSON1.00Yes (X)$0$0$0
DOUGLAS J HERMES
VICE CHAIRPERSON1.00Yes (X)$0$0$0
STEPHEN L MILLER
SECRETARY/TREASURER1.00Yes (X)$0$0$0
LEONARD E STONESTREET
BOARD MEMBER1.00Yes (X)$0$0$0
JOANNE L THIES
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL P HORTON
BOARD MEMBER1.00Yes (X)$0$0$0
JACQUELINE A FAIRBANKS
BOARD MEMBER1.00Yes (X)$0$0$0
GLENNA OSBORN
PRESIDENT40.00$99,430$0$17,522Yes (X)
TOM LOFTUS
VICE PRESIDENT & COO40.00$71,440$0$13,734Yes (X)
WILLIAM TRENCHARD
VICE PRESIDENT & CFO40.00$60,853$0$16,662Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$231,723TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$47,918TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTEREST ON LOANS522100$1,036,996$1,036,996
FEES & OTHER INCOME522100$586,522$586,522
NON-MEMBER ATM FEES522100$3,146$3,146
INSURANCE SERVICES522100$457$457
WARRANTY SALES522100$450$450
FieldValueIRS element (for citing)
Total Program Service Revenue$1,627,571TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$177,891TotalRevenueColumnAmt
Related Or Exempt Func Income$177,891RelatedOrExemptFuncIncomeAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,295TotalRevenueColumnAmt
Related Or Exempt Func Income$15,295RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$10,995OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$9,040OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$1,955OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,955TotalRevenueColumnAmt
Related Or Exempt Func Income$1,955RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,822,712TotalRevenueColumnAmt
Related Or Exempt Func Income$1,818,659RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$4,053UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$279,641TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$364,770TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$36,256TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$51,402TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$47,652TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$125TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$31,416TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$39,032TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$40,333TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$243,059TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$101,715TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$76,774TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,528TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,861TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$64TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$73,629TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$36,757TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
LOAN SERVICING$78,928
MEMBER DIVIDENDS$76,818
PROVISION FOR LOAN LOSS$67,709
NCUSIF ASSESSMENTS$29,651

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$50,879TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,736,999TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$385,650BOYAmt
EOY$421,155EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$21,173,773BOYAmt
EOY$22,061,577EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$17,769,776BOYAmt
EOY$18,187,012EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$56,230BOYAmt
EOY$64,032EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,047,783LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,070,904LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,047,609BOYAmt
EOY$976,879EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$421,322BOYAmt
EOY$466,764EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$40,854,360BOYAmt
EOY$42,177,419EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$151,333BOYAmt
EOY$132,143EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$35,403,937BOYAmt
EOY$36,660,473EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$35,555,270BOYAmt
EOY$36,792,616EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$5,299,090BOYAmt
EOY$5,384,803EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,299,090BOYAmt
EOY$5,384,803EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$40,854,360BOYAmt
EOY$42,177,419EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$85,713ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$250,195OtherCostOrOtherBasisAmt
Book Value$250,195BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,360,573OtherCostOrOtherBasisAmt
Depreciation$674,257DepreciationAmt
Book Value$686,316BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$437,015OtherCostOrOtherBasisAmt
Depreciation$396,647DepreciationAmt
Book Value$40,368BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$976,879TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBER SHARE DEPOSITSDesc
Amt$36,660,473Amt
FieldValueIRS element (for citing)
Total Liability$36,660,473TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE CREDIT UNION IS MUTUALLY OWNED BY MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7ATHE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7BSIGNIFICANT CHANGES SUCH AS CHANGES TO BYLAWS AND MERGERS ARE SUBJECT TO APPROVAL BY THE CREDIT UNION MEMBERS; HOWEVER, NO SUCH CHANGES WERE MADE DURING THE YEAR.
FORM 990, PART VI, SECTION B, LINE 11THE CFO SUBMITS INFORMATION TO THE OUTSIDE ACCOUNTING FIRM PREPARING THE RETURN. THE RESPONSIBLITY FOR REVIEWING THE 990 IS DELEGATED TO THE PRESIDENT, WHO IN TURN, REVIEWS DETAILS WITH THE CFO BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS, ALL OFFICERS, DIRECTORS, COMMITTEE MEMBERS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY, DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS, AND SUBMIT A SIGNED STATEMENT TO THAT EFFECT. THESE STATEMENTS ARE MAINTAINED ON FILE AT THE CREDIT UNION.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE PRESIDENT'S COMPENSATION USING VARIOUS INFORMATION, INCLUDING SALARY SURVEYS OF SIMILAR SIZE INSTITUTIONS. ALL OTHER COMPENSATION IS DETERMINED BY THE PRESIDENT AND PRESENTED AS PART OF THE BUDGET PACKAGE TO THE BOARD OF DIRECTORS FOR APPROVAL. DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS ARE POSTED MONTHLY IN THE LOBBY, PRESENTED AT THE ANNUAL MEETING, AND ARE AVAILABLE UPON REQUEST. IN ADDITION, THE NCUA WEBSITE POSTS FINANCIAL INFORMATION AS PART OF THE QUARTERLY CALL REPORTS. OTHER DOCUMENTS, POLICIES, AND PROCEDURES ARE AVAILABLE UPON REQUEST.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.