Centricity Credit Union

“The credit union's members have rights to elect the members of the governing body. The credit union's members also receive a share of the organization's profits in the form of cash dividends.”

“Members of the credit union have the right to elect one or more members of the organization's governing body, whether periodically, or as vacancies arise, or otherwise.”

“Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.”

“Form 990 is prepared by an independent accountant and reviwed by the cfo before filing with the irs. The filed form 990 will be presented to the board of directors at the board meeting following the filing of the return with the irs.”

“When matters pertaining to the specific personal interest of a board member are discussed, the affected board member or members will not engage in the discussion nor participate in the vote and the minutes will so state. If more than one board member is involved in matters involving a conflict of interest and a vote is called, the number voting must exceed the quorum requirements for the meeting or unanimous action is required of the voting board members. Any credit union employee, director, officer, or spouse who is associated *with, or holds a material** ownership interest in another financial institution, trades association or related business will file an annual disclosure statement with the president or board chairman within 30 days of january 1, the start of employment or taking office. Any apparent conflict of interest disclosed by the statement will be resolved by the president or board personnel committee and the individual. * as a director, officer or employee ** defined in terms of dollars as $5,000.00 or more. Note: reporting mechanisms will include: employees to the manager, management to the chairman and others to the secretary of the board.”

“The board of directors approves the president's compensation. This approval is noted in the board minutes.”

“Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).”

“Centricty credit union changed from a federal to state charter, effective july 1, 2017. Therefore the credit union is filing its initial form 990 for the short period july 1 - december 31, 2017.”