Firstmark Credit Union

“There are no classes of members. There is only one type of member with the same rights.”

“All members have the right to elect members of the governing body at the annual meeting and all members have the right to receive a share of the organization's net assets upon the organization's dissolution.”

“Upon completion of form 990, the cfo and ceo will review it and deliver it to the governing body for final approval.”

“The organization has a conflict of interest policy for employees, but does not require the board of directors to disclose annually interests that could give rise to conflicts. Board members are responsible for carefully examining potential conflicts of interests and insuring that any conflicts of interest are addressed appropriately.”

“Compensation survey, board approval and written employment contract.”

“Firstmark credit union makes its governing documents, conflicts of interest policy and financial statements available to the public upon request.”

“Firstmark's objective is to seek opportunities to invest in new products, services, and applications to the changing needs of the credit union's expanding membership. Firstmark is committed to giving back to our community. We consider it a privilege to support or strengthen the communities we serve. Firstmark provided support and financial donations of over 100,000 to education programs and local organizations. Community efforts reached an all-time high as our employees volunteered over 2,400 hours in the community. This commitment is fulfilling for our employees and makes a difference in the lives of others.”

“Debit card expenses 1,830,245 0 0 data processing 1,927,149 0 0 share draft expense 544,390 0 0 other fees 2,133,523 0 0 total 6,435,307 0 0”

“The financial statements were audited on a consolidated basis. Financial statements are audited for the fiscal year ending june 30. 2018, and the tax return is filed on a calendar year basis.”

“Change in other comprehensive income 1,203,675 net change in available for sale securities -1,513,235 equity adjustment -14,329 total -323,889”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”