Acme Continental Credit Union

“Membership consists of individuals with funds on deposit with the Credit Union.”

“Members participate in the annual election of the Board of Directors.”

“The Form 990 was reviewed and approved by the Treasurer and Secretary of the Credit Union. A copy of the return was provided to the Board of Directors prior to filing.”

“Compensation for the Credit Union's officers is determined by the independent voting members of the Board of Directors. The annual CUNA salary survey is consulted in determining salary. Key employees salary is determined by the Treasurer and Secretary of the Credit Union with guidance from the CUNA Salary Survey.”

“The Credit Union makes its financial statements available through form 5300 which is posted on the ncua.gov website.”

“The statement of financial condition of Acme Continental Credit Union as of March 31, 2024 and the related statements of income, members' equity and cash flows for the year then ended were audited in accordance with auditing standards generally accepted in the United States of America. The FIN 48 Statement included in the March 31, 2023 is as follows. The Credit Union is exempt, by statute, from Federal income taxes under Internal Revenue Code Section 501(c)(14) and state income taxes. The tax exempt purpose of the Credit Union and the nature in which it operates is described in the first paragraph of Note 1. Management believes the Credit Union continues to operate in compliance with its tax exempt purpose. The Credit Union had no unrelated business income in 2023 or 2022 that management believes is subject to taxation. The Credit Union's annual information returns are filed with federal and state governments and are subject to examination generally for three years after they are filed.”