Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IS REQUIRED BY THE CREDIT UNION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS MEMBERS WHO ELECT THE BOARD OF DIRECTORS AT INTERVALS DESCRIBED IN THE BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATIONS PROVIDES A COPY OF THE 990 TO THE BOARD OF DIRECTORS TO REVIEW BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, ALL MEMBERS OF MANAGEMENT COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSE ALL OUTSIDE POSITIONS HELD. THIS FORM IS THEN AUDITED BY OUR INTERNAL AUDITOR. |
| FORM 990, PART VI, SECTION B, LINE 15 | CEO AND EXECUTIVE VP SALARIES ARE REVIEWED BY AHO CONSULTING. THE BOARD OF DIRECTORS REVIEWS THE CEO COMPENSATION REPORTS AND APPROVES INCREASES BASED ON PERFORMANCE AND THE INFORMATION. THE CEO REVIEWS THE EXECUTIVE VP COMPENSATION REPORTS AND APPROVES INCREASES BASED ON PERFORMANCE AND THE INFORMATION. ALL OTHER MANAGEMENT POSITIONS ARE REVIEWED BY THE SVP ADMINISTRATION BY USING SALARY SURVEYS FROM CUNA AND THE AMERICAN BANKERS ASSOCIATION ON A BI-ANNUAL BASIS. THE SALARY REVIEW IS PRESENTED TO THE CEO AND DISCUSSED. A MERIT PAY INCREASE TABLE IS APPROVED BY THE CEO AND PAY INCREASES FOR MANAGEMENT ARE BASED ON A PERFORMANCE EVALUATION. THE EVALUATION SCORE IS COMPARED TO THE MERIT PAY INCREASE TABLE FOR A PAY INCREASE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | EQUITY ACQUIRED IN MERGER 176,036. |
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