Encompass Niagara Credit Union

“The credit uniion board of directors approved an amendment to their charter on december 20, 2016 adopting the revised bylaws to become a federally chartered credit union.”

“Each credit union member has purchased a share in the credit union that allows them to receive services”

“Each year an annual meeting is held at which board of directors candidates are elected”

“The membership of the credit union voted to become a federally chartered credit union in 2016.”

“Minutes of the board of dirctors monthly and special meetings are prepared by the secretary and are approved at the subsequent board meeting”

“A copy of form 990 is presented to the board for their review before filing”

“Board members are required to sign a conflict of interest policy on an annual basis”

“An annual review of the manager is performed. The board of directors receives the annual review and salary adjustments are reviewed and approved.”

“Other employees are annualy reviewed and salary adjustments are approved by the board of directors”

“Governing documents are available at the credit union office”

“The organization ceased doing business as a state chartered credit union on december 20, 2016 at the end of processing. The credit union became a federally chartered credit union on december 20, 2016 after end of day processing. The entity is now a 501(c) 1 entity. This is the final tax return for the last year that the credit union was state chartered.”

“The credit union was state chartered through december 20, 2016. On december 20, 2016 the credit union board of directors approved federal bylaws and became a federally chartered credit union - a 501(c)1 organization. This is the final return for the state charter.”