Communityamerica Credit Union

“Communityamerica credit union (cacu) has a written whistleblower statement included in its employee handbook, however, the employee handbook has not been voted on by the governing body. Therefore, per irs instructions this question cannot be answered yes.”

“Lisa Ginter and Mike Haggerty - Family relationship”

“As a cooperative, communityamerica is owned by its members. To be a member, you must meet certain qualifications. Membership entitles you to conduct business with the credit union and vote in matters of the credit union. Every member has one vote.”

“Communityamerica utilizes a nominating committee to propose candidates for the board of directors. Nominations for vacancies and/or agenda items for the annual meeting may be submitted by the general membership by petition. Board members are approved at the annual meeting by acclamation.”

“An actual vote by the membership is required to change the credit union's charter or certain bylaws.”

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by communityamerica's accounting management team. Any questions or concerns are addressed and any clarification or corrections that need to be made are made.”

“Directors and employees are required to disclose any person or entity that they have a relationship with on an annual basis. These relationships are coded into financial software that prevents a person from performing transactions on a related account.”

“Annually, the compensation committee determines the recommended compensation for the ceo. An independent compensation consultant utilizes comparability data to determine the ceo compensation package to ensure it is competitive in the market and in line with performance. The committee's recommendation is then presented to the board for their approval. The ceo determines the compensation of the executive team.”

“Communityamerica will consider making its governing documents and conflict of interest policy available to the public upon written request. Financial statements are posted monthly at each branch for public review. They are also available at the annual meeting.”

“CHANGE IN ACCUMLATED OTHER COMPREHENSIVE INCOME - 22718970; CURRENT YEAR CHANGES-NONCONTROLLING INTERST - 3368495; EDISON CREDIT UNION MERGER - 2956410; ELECTION OF FMV FOR MORTGAGE SERVICING RIGHTS - 2506967; CAPITAL CONTRIBUTION - COMMUNITYAMERICA CUSO ONE, LLC - 1703000; Total - 33253842;”

“The supervisory committee of the board is responsible for oversight of the audit of its financial statements and the selection of an independent accountant. Neither the oversight process nor the selection changed during the tax year.”