Slo Credit Union

“Most members are California State Employees Association members of chapters in the counties of San Luis Obispo, Santa Barbara, Monterey and San Benito, Federal Government civilian employees who work in San Luis Obispo County or have headquarters in the city of Santa Maria, employees or former employees from the Union Oil Company and its subsidiaries, who work or have headquarters in the companys northern division of California state, individuals who live, regularly work, attend school, or worship in San Luis Obispo County, and their qualifying family members.”

“Members are entitled to vote in the annual elections of the Board of Directors and on other corporate matters.”

“Members are entitled to vote in the annual elections of the Board of Directors and on other corporate matters.”

“The return preparer e-mails a draft of the form 990 to a designated officer and/or ceo of the credit union for review. The designated officer and/or ceo sends a copy to the board of director (s). The designated individual(s) review the draft and present any questions, comments, or corrections to the return preparer. Upon satisfactory completion of the form 990, the organization's authorized individual signs the appropriate signature form(s) to authorize the electronic filing of the return. A copy of the form 990, as filed, is provided by the return preparer to theorganization's ceo or other designated individual(s).”

“The salary for the ceo compensation for the first four years is set within the ceo contract. The following was taken into consideration by the human resource committee in developing the ceo compensation: industry salary survey, asset size of the credit union, experience level of the employee, cost of living for the geographic area, and the credit union's ability to pay the salary. Any succeeding salary increases are at the discretion of the board of directors based on performance as documented in the annual performance evaluation.”

“The following was taken into consideration by the human resource committee in developing each employee compensation: industry salary survey, asset size of the credit union, experience level of the employee, cost of living for the geographic area, and the credit union's ability to pay the salary. Any succeeding salary increases are at the discretion of the board of directors based on performance as documented in the annual performance evaluation.”

“Governing documents and conflict of interest are available upon request. Financial statements are accessible online via www.ncua.gov and upon request.”

“Accumulated Unrealized Gains on Available for Sale Debt Secu = $397052”