O Bee Credit Union

“Jennifer roberts-echtle and david echtle have a family relationship.”

“The bylaws were amended for tax year 2020. The following changes include: - notice of annual membership meetings will be distributed 45 days prior to the meeting instead of 75 days prior. - 25 members shall constitute a quorum instead of 50 members. - additional language has been added to section 5, voting: members may vote in person or through the use of mail or electronic ballot as permitted by the board in accordance with written meeting procedures or election guidelines.”

“Membership is open to anyone who lives or works in washington state as well as being related to someone who is a member of o bee and is in good standing, and who lives or works in washington state. An individual is considered a member if they have a share or loan account with the credit union.”

“Each credit union member may vote for members of the board of directors and supervisory committee.”

“There are no committees that have authority to act on behalf of the governing body.”

“The form 990 is prepared by the organization's public accounting firm based on information provided by management. Once the draft is available, it is reviewed by management and any changes incorporated into the filing. Once this detailed review is complete, the draft of the form 990 is presented to the board of directors for their review and comments prior to filing with the irs.”

“Annually, directors and key employees must sign a code of ethics that includes conflict of interest guidelines and indicate disclosure of any conflicts of interest. This is monitored via review of responses to the annual code of ethics disclosure. If there are any changes to the person's employment or extra-curricular activities, they are required to report that to human resources.”

“Ceo compensation is determined by the board of directors with the assistance of an outside consultant and industry salary data and is documented in the ceo's personnel file. Other officers or key employee's salaries are determined by the ceo and vp of hr using industry salary data and is documented in the employee's personnel file.”

“The governing documents, conflict of interest policy and financial statements are available upon request. Quarterly financial statements are available to the public via the 5300 call report.”