Texans Credit Union

“Yes, the credit union has members which can join the credit union if they meet the "field of membership" requirements, and choose to join.”

“Members of the credit union have the right to elect one or more members of the organization's governing body, whether periodically, as vacancies arise, or otherwise.”

“Members of the credit union have the right to approve the governing body's election and removal of members of the governing body, as well as other matters that are subject to the approval of members of the credit union as they occur.”

“The completed form will be reviewed by the tcu ceo. The form will be signed by the cfo.”

“The employees of the organization are required to review and acknowledge the review of the policies every other year. The credit union also provides an anonymous repoting hot-line which is maintained by a third party and results are provided to the internal audit function.”

“The director of hr provides comparative data to the compensation of committee on an annual basis. The comp committee which is made up of 3 members of the board of directors previews this information annually and deliberates to make determinations regarding the performance review process and annual compensation changes of the ceo. They also, when applicable, will provide oversight and approval of any credit union officer's bonus plan.”

“The director of hr provides comparative data to the compensation committee on an annual basis. The comp committee which is made up of 3 members of the board of directors previews this information annually and deliberates to make determinations regarding the performance review process and annual compensation changes officers and key employees. They also, when applicable, will provide oversight and approval of any credit union officer's bonus plan.”

“Governing documents that are required to be made available to the public are provided using different methods. Some are provided through posting of signs in public locations such as the lobbies of branch offices. Other governing documents/notices that require annual mailings are provided to the membership as required by mail. The website is also used to provide certain required documents. Financial statements are made available to the public upon request.”

“Texans credit union is a state chartered credit union formed under the state credit union law and the credit union is member-owned cooperative that provides traditional deposit and loan products, as well as other financial services to the membership. The credit unions focus is to improve the economic well-being of our members/owners.”

“Item 1, -on april 15, 2011 the national credit union association (ncua) placed texans credit union into "conservatorship". Under this process the existing governing board was removed. Ncua is the governing body after april 15th, 2011. Item 2, -employees are elgibile for discounts on loans for personal, auto, and mortgage products. The discount is .5% below the apr.”

“Ncua contribution, subordinated debt shown as equity 60,000,000”

“Ncua suborninated debt- included as capital 0 change in value of investment securities 0 other adjustments (ncua equity adjusts/ reserves) 0”