| FORM 990 |
THE CREDIT UNION DOES OFFER DISCOUNTED LOANS TO EMPLOYEES. UPON COMPLETION AN EMPLOYEES PROBATIONARY 90 DAY PERIOD, THEY CAN RECEIVE A 1% DISCOUNTED LOAN RATE OFF OF PREVAILING MARKET INTEREST RATES ON ALL MORTGAGE AND CONSUMER LOANS. UPON TERMINATION/RESIGNATION THE LOAN REVERTS TO NORMAL MARKET RATES WITHOUT THE DISCOUNT. |
| FORM 990, PAGE 6, PART VI, LINE 6 |
CREDIT UNION HAS MEMBERS. MEMBERSHIP IS AVAILABLE TO ANYONE THAT MEETS THE FIELD OF MEMBERSHIP QUALIFICATIONS PER THE GOVERNING DOCUMENTS. |
| FORM 990, PAGE 6, PART VI, LINE 7A |
YES- THE CREDIT UNION'S BOARD OF DIRECTORS ARE ELECTED BY MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 7B |
YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP. |
| FORM 990, PAGE 6, PART VI, LINE 11B |
BOARD OF DIRECTORS REVIEWS FORM 990 AT REGULARLY SCHEDULED MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 12C |
YES, A CONFLICTS OF INTEREST POLICY IS ACTIVELY ENFORCED. |
| FORM 990, PAGE 6, PART VI, LINE 15A |
COMPENSATION FOR CEO, DIRECTORS, AND TOP MANAGEMENT OFFICIALS IS SUBJECT TO REVIEW AND APPROVAL BY BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 15B |
YES, OTHER OFFICERS AND KEY EMPLOYEES COMPENSATION IS SUBJECT TO REVIEW BY CEO WITHIN GUIDELINES APPROVED BY BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 19 |
BYLAWS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO ALL MEMBERS UPON REQUEST. FINANCIAL INFORMATION IS AVAILABLE TO THE PUBLIC FROM NCUA. |
| FORM 990, PART XI |
THE ADJUSTMENT TO NET EQUITY WAS FROM FASB 115 ADJUSTMENTS TO UNREALIZED GAINS AND LOSSES OF SECURITIES HELD BY THE CREDIT UNION |
| FORM 990, PART XI, LINE 9 |
UNREALIZED GAINS 3,081,920 OTHER COMPREHENSIVE INCOME 4,082 TOTAL 3,086,002 |
Attach to Form 990 or 990-EZ.