MID Carolina Credit Union

“The credit union is owned by its members.”

“At the credit union's annual meetings, the membership elects the board of directors.”

“The credit union has written policies and procedures that govern each branch to ensure their operations are consistent with those of the organization.”

“The organization reviews the form 990 to ensure that there are no ommisions or misstatements.”

“Receive annual written confirmation”

“The ceo has a written employment contract approved by the board of directors.”

“The ceo approves the salaries for employees.”

“Governing documents are available to the public upon request. Persons may come into one of the credit union's branches and request a copy of any of our governing documents. Financials are posted in the branch lobbies and provided annually at the annual meeting.”

“Dealer fee 263,409 0 0 provision for loan loss 160,680 0 0 communications 96,985 0 0 statements 94,116 0 0 surety bond 81,193 0 0 visa cc expense 80,680 0 0 credit reports 45,298 0 0 employee relationship 40,411 0 0 indirect program fee 31,988 0 0 association dues 31,918 0 0 pcu billpay expense 24,453 0 0 provision for odp 21,920 0 0 share draft expense 20,422 0 0 bank service charge 18,075 0 0 loss on atm/debit card 18,031 0 0 loss on share draft 16,934 0 0 loan servicing expense 15,953 0 0 collection expense 12,938 0 0 subscriptions 11,870 0 0 other misc expense 6,194 0 0 loss on a2a transactions 5,000 0 0 recording/filing fee 4,894 0 0 rewards expense 4,224 0 0 ach expense 4,112 0 0 over/short 486 0 0 flowers - memorial 171 0 0 loss on credit cards 11 0 0 atm over/short -680 0 0 loan closing -1,405 0 0 total 1,110,281 0 0”

“Unrealized gain/loss on pension 2,617,156 unrealized gain/loss on investment 3,058,744 unrealized gain/loss on pension -1,347,448 unrealized gain/loss on investment -2,094,508 total 2,233,944”