CREDIT UNIONS IN THE STATE OF NEW MEXICO: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: CREDIT UNIONS IN THE STATE OF NEW MEXICO (EIN 85-0102571)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-26
IRS object ID: 201333309349300628
Schema version: 2012v2.3
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-26T21:16:17-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SCHWARTZ COLE AND ASSOCIATES LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	11776 W SAMPLE RD STE 106	AddressLine1
City	CORAL SPRINGS	City
State	FL	State
ZIP Code	330653180	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	850102571	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CREDIT UNIONS IN THE STATE OF NEW M	BusinessNameLine1
Business Name Line2	FIRST FINANCIAL CREDIT UNION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	CRED	NameControl
Phone	5054621115	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	601 TIJERAS NW	AddressLine1
City	ALBUQUERQUE	City
State	NM	State
ZIP Code	87102	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	BEN HEYWARD	Name
Title	PRESIDENT	Title
Phone	5054621115	Phone
Date Signed	2013-11-15	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DANIEL J COLE	Name
Phone	9547551760	Phone
Date Prepared	2013-11-26	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	BEN HAYWARD	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	601 TIJERAS NW	AddressLine1
City	ALBUQUERQUE	City
State	NM	State
ZIP Code	87102	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	24054367	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.FFNM.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1937	YearFormation
State Legal Domicile	NM	StateLegalDomicile
Activity Or Mission Description	FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	175	TotalNbrEmployees
Total Gross UBI	34702	TotalGrossUBI
Net Unrelated Business Txbl Income	-5648	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	21977676	ProgramServiceRevenuePriorYear
Program Service Revenue CY	23708473	ProgramServiceRevenueCY
Investment Income Prior Year	730277	InvestmentIncomePriorYear
Investment Income Current Year	345894	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	22707953	TotalRevenuePriorYear
Total Revenue Current Year	24054367	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	9670655	SalariesEtcPriorYear
Salaries Etc Current Year	10546623	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	12069528	OtherExpensePriorYear
Other Expenses Current Year	10990991	OtherExpensesCurrentYear
Total Expenses Prior Year	21740183	TotalExpensesPriorYear
Total Expenses Current Year	21537614	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	967770	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2516753	RevenuesLessExpensesCY
Total Assets BOY	378922941	TotalAssetsBOY
Total Assets EOY	392331576	TotalAssetsEOY
Total Liabilities BOY	344882273	TotalLiabilitiesBOY
Total Liabilities EOY	355774155	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	34040668	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	36557421	NetAssetsOrFundBalancesEOY
Mission Description	FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGES RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Description	FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Description	EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUSE, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS.	Description

Field	Value	IRS element (for citing)
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	1500	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	175	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	true	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	KAREN BROTEN	NamePerson
Telephone Number	5054621062	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	601 TIJERAS NW	AddressLine1
City	ALBUQUERQUE	City
State	NM	State
ZIP Code	87102	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee
VICTOR PADILLA
DIRECTOR	5.00	X	0	0	0
CATHY THOMAS
DIRECTOR	5.00	X	0	0	0
JOHN BLUMENTHAL
DIRECTOR	5.00	X	0	0	0
KENNETH CARSON SR
DIRECTOR	5.00	X	0	0	0
LORETTA MONTOYA
DIRECTOR	5.00	X	0	0	0
RONALD MOOREHEAD
CHIEF OPER O	45.00		232857	0	0	X
ANDREW T SCHOL
VP IT	45.00		115232	0	0	X
KAREN BROTEN
CFO	45.00		113291	0	0	X
GAVIN GILLETTE
TITLE	45.00		106142	0	0	X
PAMELA RONCADORI
TITLE	45.00		103683	0	0	X
LORETTA TRUJILLO
TITLE	45.00		101859	0	0	X
CASSIE KELLEY
CHAIRPERSON	5.00		0	0	0	X
PABLO RAEL
1ST VICE CHR	5.00		0	0	0	X
JOHN SECHRIST
SECRETARY/TR	5.00		0	0	0	X
VINCENT ESPARZA
2ND VICE CHA	5.00		0	0	0	X
BEN HEYWARD
PRESIDENT	45.00		362911	0	0		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1135975	TotalReportableCompFromOrg
Number Individuals GT100 K	7	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Field	Value	IRS element (for citing)
Name Person	DEBORAH SELIGMAN	NamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 7806	AddressLine1
City	ALBAQUERQUE	City
State	NM	State
ZIP Code	871947806	ZIPCode

Field	Value	IRS element (for citing)
Description Of Services	ATTORNEY	DescriptionOfServices
Compensation	211016	Compensation

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	1	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Business CodeBusinessCode	Unrelated Business RevenueUnrelatedBusinessRevenue
LOAN INTEREST	15756443	15756443
FEES AND CHARGES	5692349	5692349
OTHER NON OPERATING INCOME	2224979	2224979
NON-MEMBER ATM FEES	34702		525990	34702

Field	Value	IRS element (for citing)
Total Program Service Revenue	23708473	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	345894	TotalRevenueColumn
Related Or Exempt Function Income	345894	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	24054367	TotalRevenueColumn
Related Or Exempt Function Income	24019665	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	34702	UnrelatedBusinessRevenue

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	8269033	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	529839	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1747751	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1453772	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	243989	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	2171523	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	335304	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
OFFICE OPERATIONS	2868494
PROVISIONS FOR LOAN LOSSE	1212000
PROFESSIONAL FEES	1109286
EDUCATIONAL AND PROMOTION	673808

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	922815	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	21537614	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	6591187	BOY
EOY	11760086	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	34140279	BOY
EOY	23779859	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	270867002	BOY
EOY	312400017	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	20473339	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	10219400	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	9448559	BOY
EOY	10253939	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	30407701	BOY
EOY	22811011	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	10534994	BOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	3305190	BOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	13628029	BOY
EOY	11326664	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	378922941	BOY
EOY	392331576	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1667596	BOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	343214677	BOY
EOY	355774155	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	344882273	BOY
EOY	355774155	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	34040668	BOY
EOY	36557421	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	34040668	BOY
EOY	36557421	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	378922941	BOY
EOY	392331576	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	2516753	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1443437	OtherCostOrOtherBasis
Book Value	1443437	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	5731320	OtherCostOrOtherBasis
Depreciation	986094	Depreciation
Book Value	4745226	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3685866	OtherCostOrOtherBasis
Depreciation	2493803	Depreciation
Book Value	1192063	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	9612716	OtherCostOrOtherBasis
Depreciation	6739503	Depreciation
Book Value	2873213	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	10253939	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	MEMBER SHARES	Description
Amount	$355,774,155	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	355774155	TotalOfAmounts

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
RONALD MOOREHEAD
CHIEF OPER OFFICER	232857	232857
BEN HEYWARD
PRESIDENT	362911	362911

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS	FORM 990, PAGE 1, PART I, LINE 6	THE VOLUNTEERS FORM THE SUPERVISORY COMMITTEE WHICH OVERSEAS THE ELECTION OF THE BOARD OF DIRECTORS AND ALSO REVIEWS THE AUDITS.
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	YES THERE IS A PROCESS FOR THE ELECTION OF MEMBERS. THE MEMBER MUST FIRST MEET CERTAIN REQUIREMENTS SUCH AS LENGTH OF TIME OF MEMBERSHIP, UNDERSTANDING OF HOW A CREDIT UNION WORKS, AND THE SERVICES OFFERED. THEY ARE THEN ELECTED TO NOMINATION BY A NOMINATING COMMITTEE OF 3 PEOPLE AFTER BEING EVALUATED BY THE COMMITTEE. THE MEMBER MUST THEN BE VOTED ONTO THE CREDIT UNIONS BOARD OF DIRECTORS BY OTHER MEMBERS.
DECISIONS SUBJECT TO APPROVAL OF MEMBERS	FORM 990, PAGE 6, PART VI, LINE 7B	YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP.
OFFICERS WHO CANNOT BE REACHED	FORM 990, PAGE 6, PART VI, LINE 9	PAMELA RONCADORI GAVIN GILLETTE
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 REVIEWED AT REGULARLY SCHEDULED BOARD MEETING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	YES, THE ENFORCEMENT OF A CONFLICTS OF INTEREST POLICY IS ACTIVELY CARRIED OUT BY THE ORGANIZATION. THE POLICY IS PRINTED IN THE EMPLOYEE HANDBOOK AND IS ALSO INTEGRATED INTO THE BOARD OF DIRECTORS POLICIES.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	YES, COMPENSATION FOR TOP OFFICALS IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD. IN ADDITION, CREDIT UNION USES COMPENSATION COMMITTEE AND COMPENSATION SURVEY.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	YES, COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL BY CEO AND VP OF HUMAN RESOURCES. SALARY SURVEYS ARE USED.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	THE BOOKS ARE AVAILABLE TO THE PUBLIC TO REVIEW UPON REQUEST. THE CALL REPORT IS ALSO OPEN TO THE PUBLIC TO REVIEW AND IS PUBLUSHED ON THE NCUA WEBSITE. THE CURRENT MONTHS STATEMENT OF FINANCIAL POSITION IF HUNG IN THE LOBBY OF EACH BRANCH.