Coop Credit Union

“Timothy torkelson and marianne torkelson have a family relationship.”

“Membership id defined by the organization's bylaws and is located on their website. Generally depositors are eligible to be members of the organizations, there are certain geographic requirements and there are membership designations for certain employee and former employee groups.”

“The board of directors serve a three year term and are elected by the members.”

“Each member has one vote to utilize in ratifying significant decisions beyond the authority of the board as outlined in the organization's bylaws. Any decision to dissolve or merge the organization requires approval of membership, unless mandated by regulatory agency (i.e., ncua, wisconsin office of credit unions).”

“The organization provided the information necessary to the accounting firm to prepare the form 990. The form 990 was then given to management for review and board approval prior to filing it with the irs.”

“The credit union's conflict of interest policy is constantly monitored. Each time an issue arises, the policy is review to ensure compliance.”

“The chief talent officer leads the review of salary and benefit information; which is compared to surveys we receive annually from america's credit union and western & central wi wage survey. The western & central wi wage survey reviews certain positions on a rotating basis across multiple industries. The president/ceo and chief talent officer jointly review the compensation of officers and key employees. The document is maintained by the chief talent officer. The board reviews the president/ceo's compensation to the surveys and other credit union's 990s during its executive session.”

“The organization's records are kept at the credit union for public inspection and members are advised to request these documents at the annual meeting.”

“La crosse burlington credit union was acquired 12/1/2024.”

“Equity acquired in merger 1,075,901.”