471 Antioch Credit Union Inc

“The credit union is comprised of a single call on approximately 733 member owners each which has equal rights in ownership, governance and voting rights at the annual meetings with exception of the member owners elected to the board of directors.”

“Member owners of the credit union have the authority to elect the members of the board of directors for three years on a rotating basis. The candidates are elected by a single plurality vote. The board of directors appoint volunteers to serve on the supervisory committee, which is vested with monitoring safety and soundness of the organization. If deemed appropriate the supervisory audit committee will call a special meeting of the membership to evaluate the issue and vote to either dismiss or reinstate the board.”

“Prior to being filed with the irs, a copy of the irs form 990 and related schedules are reviewed by the board president, including a confirmation of the accuracy of every answer and oversight of appropriate changes upon completion of the president's review. The forms are voted on at a board meeting prior to submittig to the irs.”

“Transactions involving the conflict of interest if transactions appears to lack arms-length, either to the detriment of the credit union on the unfair advantage of the board member, then legal remedies will be considered.”

“The credit union bylaws, conflict of interest policy and financial statements afe available to the public. Documents can be reviewed by appointment at the credit union office.”

“Credit union bylaws, conflict of intersest policy and financial statements are available by appointment at the credit union office.”