Columbia Credit Union

“Members may elect one or more members of the governing body.”

“A copy of the 990 and 990t will be provided to all board members through email and included in their board packet.”

“Conflict of interest questionnaires are updated each year by each director and maintained on file by ccu.”

“A salary range will be established for each job classification and reviewed annually in october. The salary of each employee will be within the established range. Each employee will be provided with the current wage and salary schedule illustrating the hiring minimum and maximum. Pay ranges are reviewed at least bi-annually using local information and cuna small credit union salary survey. The salary of the president shall be determined by the board of directors in the same manner as other employees. The president shall be evaluated at least annually in regard to job performance by the board of directors. Salary adjustments shall be made by the board of directors.”

“A salary range will be established for each job classification and reviewed annually in october. The salary of each employee will be within the established range. Each employee will be provided with the current wage and salary schedule illustrating the hiring minimum and maximum. Pay ranges are reviewed at least bi-annually using local information and cuna small credit union salary survey. All salaries, excluding the president's, shall be determined by the president in the following manner: each staff member will be evaluated at least annually in regard to job performance by the president. Salary adjustments shall be made by the president.”

“Governing documents are made available upon request.”

“In 2023, the credit union established both a 457(b) and 457(f) deferred compensation plan. These plans were implemented to enhance employee retention and attract high-level talent to the organization. The 457(b) plan allows eligible employees to defer compensation up to the annual contribution limits set by the irs. The 457(f) plan, designed for select highly compensated employees, was also established in 2023. The initial investment into the 457(f) plan was made in 2023. Contributions to the plan are subject to a vesting schedule.”

“Board members, credit committee members and supervisory committee members are volunteers.”

“Other fees for service 0 26,856 0 core contract 0 15,871 0 cua services 0 83,386 0 bank service charges 0 5,302 0 credit card processing fees 0 185,176 0 other professional fees 0 3,480 0 qualifile check systems 0 5,848 0 atm networking processing 0 7,979 0 general processing 0 1,840 0 ira processing 0 1,076 0 ach/share draft processing 0 8,764 0 flex spending 125 plan 0 1,613 0 dept of revenue lookup 0 8 0 total 0 347,199 0”