Energy Capital Credit Union

“Energy Capital CU has members who have equal voices for election of Board of Directors; members must have an account to join the credit union. Minimum balances are required to open accounts and we have a par value of $0 once the account is open.”

“Members vote on election of Board Members at the Annual Meeting. Each member is allowed one vote.”

“The 990 is prepared and reviewed by the EVP/CFO, and is reviewed by the CEO upon filing.”

“The conflict of interest policy is signed annually by the Board of Directors and all staff at the first board meeting after the annual meeting. Newly elected Board Members, if elected for an interim basis for vacancies also sign the Conflict of Interest Statement after elected. Transactions are monitored for possible conflicts where possible by senior level staff and Internal Audit.”

“The CEO's salary is set by the Board of Directors annually. Peer salaries are reviewed and evaluation of job performance includes completion of strategic goals, minutes are kept on Executive Committee Discussions which include Executive compensation. Executive Management Team reviews are performed by CEO and include peer data and compa ratios (benchmarks for similar positions) and performance with strategic goals, incentive plan for senior management is reviewed annually by the Board Executive Committee.”

“The following documents are available upon request: most recent annual audit, the most recent Statement of Financial Condition (posted monthly in all branch lobbies), the IRS 990, 990T as well as other documents members are entitled to request in accordance with section 122.107 of the Texas Finance Code. The Conflict of Interest Policy is not currently made available to the public.”

“Changes in Other Comprehensive Income from annual adjustment on outstanding pension plan obligations.”