| FORM 990, PART VI, SECTION A, LINE 1 |
THE GOVERNING BODY OF THE ORGANIZATION DELEGATES BOARD AUTHORITY TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRMAN, VICE CHAIRMAN, SECRETARY AND TREASURER OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 4 |
THE ORGANIZATION UPDATED ITS BYLAWS. THE ARTICLES WERE AMENDED TO UPDATE THE ANNUAL MEETING OF THE MEMBERS, ELECTION PROCEDURES, AND MEMBER GROUPS. |
| FORM 990, PART VI, SECTION A, LINE 6 |
EAST IDAHO CREDIT UNION IS A MEMBER OWNED FINANCIAL COOPERATIVE. EACH ACCOUNT HOLDER IS A MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7A |
MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF MEMBERS. IF A VACANCY OCCURS DURING THE YEAR THE BOARD MAY APPOINT A REPLACEMENT UNTIL THE MEMBERSHIP CAN VOTE AGAIN AT THE NEXT ANNUAL MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11 |
FORM 990 IS REVIEWED BY THE CREDIT UNION CEO PRIOR TO FILING. IN ADDITION, COPIES OF THE FORM 990 ARE PROVIDED TO THE BOARD VIA EMAIL. |
| FORM 990, PART VI, SECTION B, LINE 12C |
ALL EMPLOYEES AND VOLUNTEERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE UPON HIRE/APPOINTMENT AND ANNUALLY EACH YEAR THEREAFTER. COMPLETED FORMS ARE REVIEWED BY THE VP OF PEOPLE. DISCLOSED CONFLICTS ARE REVIEWED BY THE CEO AND VP OF PEOPLE JOINTLY. IF THERE IS ANY UNCERTAINTY AS TO IF THE CONFLICT HAS THE POTENTIAL TO AFFECT THE PERSON'S ABILITY TO PERFORM THEIR WORK WITHOUT BIAS, THE CASE IS TAKEN TO THE BOARD FOR A FINAL DECISION. WHEN A CONFLICT IS IDENTIFIED, THE ASSOCIATED PERSON SHALL NOT BE ALLOWED ANY INFLUENCE OR DECISION MAKING AUTHORITY OVER THE SITUATION. FAILURE TO DISCLOSE A CONFLICT OR ABIDE BY THE PROVISIONS OF THE POLICY MAY RESULT IN DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION. |
| FORM 990, PART VI, SECTION B, LINE 15 |
COMPENSATION IS TYPICALLY ADMINISTERED BY THE VP OF PEOPLE. THE CU WORKS IN PARTNERSHIP WITH A COMPENSATION FIRM DEDICATED TO CREDIT UNION COMPENSATION PLANS. EACH YEAR OVER 20 INDUSTRY RELATED SURVEY SOURCES ARE COMPILED AND DATA IS BROKEN DOWN BY SEVERAL VARIABLES SUCH AS GEOGRAPHIC LOCATION, INSTITUTION ASSET SIZE, ESSENTIAL JOB FUNCTIONS, REQUIRED KNOWLEDGE AND EXPERIENCE, ETC. FINAL DATA IS USED TO ENSURE EICU IS PAYING WITHIN MARKET RANGE AND THAT PAY IS EQUITABLE AMONG LIKE POSITIONS WITH SIMILAR EXPERIENCE. THE BOARD OF DIRECTORS CONDUCTS THEIR OWN RESEARCH IN COMBINATION WITH THAT PROVIDED BY THE VP OF PEOPLE TO ESTABLISH THE CEO PAY. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE CREDIT UNION'S FINANCIAL STATEMENTS ARE AVAILABLE ON THE NCUA.GOV WEBSITE AND ARE ALSO POSTED IN THE BRANCHES. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: |
NO CHANGE IN OVERSIGHT OR SELECTION PROCESS FROM PRIOR YEAR. |
Attach to Form 990 or 990-EZ.