1St United Credit Union

“The organization has members.”

“The credit union membership may participate in election of officials.”

“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 chief human resources officer and chief financial officer gather the information. The cfo and ceo review form 990. Upon completion, a copy of the form is made available to each voting member of the board prior to filing.”

“The credit union's conflict of interest policy is provided to employees in the employee handbook. Annually, employees are reminded and are required to acknowledge in writing that they have read the policy, as well as the other sections in the handbook. Managers are held accountable to monitor adherence to the policy and to ensure their employees understand it.”

“Compensation at the credit union is governed by a board of directors approved salary administration policy. The credit union sets compensation ranges for all employees, including officers and key employees, using a third party compensation consulting firm. This third party organization provides compensation information and salary ranges for companies nationwide. Salary ranges are developed through nationwide, industry-specific compensation surveys and compensation benchmarking for key positions. The board of directors approve the salary ranges and evaluate any annual changes recommended by the third party firm. Salary levels and job grades for individual positions are determined using a job evaluation process provided by the third party firm.”

“Generally, governing documents/policies are not made available to the general public or to members. Monthly financial results are publicly posted.”

“Share draft 590,568. Atm expense 484,272. Asset recovery 353,798. Human resources 233,665. Other operating 183,467. Asi/dfpi annual assessment 153,399. Employee/member goodwill 123,776. Training/development/education 96,343. Board/supervisory committee expense 51,440. Security 47,068. S & d 26,703.”

“There were no changes in the process of the committee that assumes responsibility of the oversight of the audit and selection of the independent auditor.”