| Form 990, Part III, Line 2 |
Form 990, Part III, Line 2 - Made available VISA Debit Card Alerts to help our members manage their finances. |
| Form 990, Part VI, Section A, Line 6 |
Comprised of USW Union members and their immediate family members of approximately 1150 member owners, each having equal rights in ownership. The credit union has one class of members. |
| Form 990, Part VI, Section A, Line 7a |
Current member owners of FIRST PACE Credit Union are each allowed one vote to elect the members of the Board of Directors. |
| Form 990, Part VI, Section A, Line 7b |
Changes to the Bylaws must be approved by the member owners, after they have been approved by the Board of Directors and the regulatory agency. Approval occurs when at least 50% of the member owners vote to approve when a quorum is met. |
| Form 990, Part VI, Section B, Line 11b |
Form 990 is reviewed by the Supervisory Committee. |
| Form 990, Part VI, Section B, Line 15 |
The Presidents salary is based on comparable sized credit unions through use of CUNA's Annual Compensation Survey results. The process is done by the Salary Review Committee, made up of the Board of Directors and was approved at their meeting Nov. 19, 2016. |
| Form 990, Part VI, Section C, Line 19 |
Financial statements are posted in the lobby or they can be reviewed by appointment at the credit union office. |
Attach to Form 990 or 990-EZ.