Columbia Credit Union

“Supervisory committee: the supervisory committee reviews the financial statements and oversees the board of directors to ensure and document the overall health and sustainability of the credit union. The supervisory committee is responsible for contracting with an outside audit firm to provide a financial review of the credit union to the membership, annually. Credit committee: the credit committee duties might include: oversight of the credit and lending strategies and objectives of the credit union; oversight of the credit risk management, including reviewing internal credit policies and establishing portfolio limits; and reviewing the quality and performance of the credit union's lending portfolio.”

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

“David u. Hendrey 301 east walnut street columbia, mo 65201”

“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.”

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

“Interest expense (dividends) netted against income -2,583 provision for loan losses netted against income -98,360 rental expenses netted against revenue 25,658 interest expense (dividends) netted against income 2,583 provision for loan losses netted against income 98,360 rental expenses netted against revenue -25,658”