La Crosse Burlington Credit Union

“The organization has members. To be a member one must have a share (savings) account at the credit union.”

“The board of directors is elected by the credit union members. Each member has one vote.”

“A member vote is required for decisions which are beyond the authority of the board of directors. Items which require a membership vote are outlined and specified in our bylaws. Each member has one vote.”

“The president provides necessary data to independent preparer who completes the return. The president reviews the return for accuracy, then forwards to board for review via e-mail and/or at the next board meeting. Management then authorizes cpa to e-file the approved return. Management reviews the return with the board of directors at the next meeting.”

“On an annual basis, the policy is reviewed by the board and key employees, at which time, and at any time during the year, all are required to disclose any conflicts of interest.”

“The board of directors reviews and approves the annual budget which includes compensation for the president and any staff.”

“Governing documents and conflict of interest policy are available upon request. The year-end financial statements are available in the lobby, provided at the annual meeting, and available upon request.”

“We are a non-profit, member-owned financial organization. We strive to provide financial services, education, and the long-term stability of the credit union by: encouraging thrift among our members; creating a source of credit at a fair and reasonable rate of interest; helping improve our members' financial condition; providing excellence in member service through a prompt, friendly, and knowledgeable staff; and promoting the uniqueness and philosophy of the credit union system.”