| Form 990, Part III, Line 2 |
Implemented Mobile bill pay, e-bill pay, Person to Person (P2P) and Account to Account (A2A - with other financial institutions) |
| Form 990, Part VI, Section A, Line 6 |
Comprised of USW Union members and their family members of approximately 1049 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. Any amendments to the certificate of organization or bylaws shall be approved by two-thirds of the vote of the members actually voting, provided the members actually voting constitute a quorum. |
| Form 990, Part VI, Section B, Line 11b |
Review of Form 990 is done 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 December 16th 2019. |
| 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.