Unite Credit Union

“Credit Union membership consist of natural persons and entities as approved from time to time by, and recorded at the office, the Superintendent of Credit Union. Membership consist of those persons in the common bond who have subscribed to one ownership share and have complied with the requirements as specified by the article of incorporation and bylaws.”

“At each annual meeting, members have one vote. At each annual meeting, one member shall be elected to fill each board of director position vacated by reason of an expiring term or other cause.”

“The majority of members present at any annual meeting may vote to modify, amend or revise any of the board of directors or instruct the board of directors to take action not inconsistent with the articles, bylaws, or the Iowa Code. In order to be binding upon the board of directors, any action requires an affirmation vote of a majority of eligible members.”

“The Form 990 is reviewed by the Chairman of the Board, prior to filing. The form 990 is reviewed by the Audit Committee and the manager following filing.”

“The Personnel Committee has the responsibility for reviewing the annual report on executive and staff condensation for review by the entire Board. Third party compensation is compiled from numerous sources and used to evaluate current staff earnings and recommend adjustments.”

“The credit union makes its governing documents and financial statements available to the public upon request. Financial Statements are also posted in the main office.”