Heartland Credit Union

“Kathleen harrington is the mother to brittany kloetzke”

“Heartland credit union is open to any business or individual who lives, works, worships, volunteers, or attends school in dakota, scott, rice, le seuer, ramsey, washington, hennepin, carver, anoka, and chisago counties, mn as well as individuals that work at chs, land o'lakes, temco, ventura foods, farmers union business and educational activities of minnesota, north american trailer services, roadware, cofina financial, hennen & associates, chart, scott equipment, minnesota breeders association, & genex. In addition, our members can include the spouse of a member, blood or adoptive relatives or either of them and their spouses and members of the same household are eligible to join. This includes parents, siblings, aunts, uncles, nieces, nephews, cousins, etc. The credit union is comprised of a single class of approximately 11,086 member-owners, each of which has equal rights in ownership, goverance and voting rights at the annual meetings, with the exception of the member-owners who are elected to the board of directors.”

“The member-owners of the credit union have the authority to elect the members of the board of directors for three-year terms on a rotating basis. Candidates are elected by a simple 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 committee can suspend board members and can call a special meeting of the membership to evaluate the issue and vote to either dismiss or reinstate the board member.”

“Any changes to the entity's bylaws need to be approved by the membership.”

“Once the 990 is complete, a copy is sent to the board of directors for review.”

“The employee handbook is sent out to an attorney for verification of all policies according to employment law. Once this is return, it is sent annually to the board of directors for approval. Once this approval is given, a copy is sent to all employees for review and signatures that it was read.”

“Chairman and vice chairman determined original salary for the president. Annually, eligible for a raise equal to all other employees commensurate with the compensation matrix created using the cuna salary survey. The president determined the original salary for officers and key employees. Annually, eligible for a raise equal to all other employees commensurate with the compensation matrix created using the cuna salary survey. The process described here was last completed in 2022”

“The credit union's financial statements are displayed in each of our offices for the public to review or also by emailing [email protected] with a request to have them emailed or mailed to our members. The bylaws for heartland credit union are available upon request at [email protected] or can also be reviewed by appointment at the credit union's office.”

“ROUNDING -1.”

“Audited financial statements - the audit was done as of 9/30. Therefore, the reporting period for the audit does not match the reporting period for the 990.”

“Audit oversight - the supervisory committee oversees the audit and the selection of an independent accountant.”