2025-10-23T14:07:21-05:00 2024-12-31 994260840 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2024-01-01 941209440 SAN FRANCISCO FIRE CREDIT UNION SANF 4156744800 3201 CALIFORNIA STREET SAN FRANCISCO CA 94118 THU NGUYEN VP/CONTROLLER 4156744800 2025-10-22 0 AUBREY CLEGG P01076395 3052328272 2025-10-22 2024 2025-03-06 01:10:19Z KATHERINE DUVALL 3201 CALIFORNIA STREET SAN FRANCISCO CA 94118 86728812 0 X WWW.SFFIRECU.ORG X 1951 CA BUILT BY SAN FRANCISCO FIREFIGHTERS AND COMMITTED TO THE FINANCIAL SAFETY AND SECURITY OF OUR COMMUNITY. 7 7 201 7 10217 294 0 0 60632195 61591497 9897901 10431052 6172839 6162837 76702935 78185386 39456 140513 0 0 27612122 24501815 0 0 0 40195168 45403949 67846746 70046277 8856189 8139109 1756924114 1628559043 1666481201 1525601616 90442913 102957427 BUILT BY SAN FRANCISCO FIREFIGHTERS AND COMMITTED TO THE FINANCIAL SAFETY AND SECURITY OF OUR COMMUNITY. 0 0 MORTGAGE LENDING: THE HOME LOAN PROGRAM BENEFITS CREDIT UNION MEMBERS AND THE REGIONAL COMMUNITIES LOCATED WITHIN THE CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDING SAN FRANCISCO, SAN MATEO, AND MARIN COUNTY. THROUGH A COMPREHENSIVE SUITE OF MORTGAGE PRODUCTS, IT SEEKS TO ADDRESS THE DIVERSE NEEDS OF ITS MEMBERS AND THE COMMUNITIES WHILE UPHOLDING PRINCIPLES OF ACCESSIBILITY AND INCLUSIVITY. THE CREDIT UNION HAS MADE HOME OWNERSHIP AFFORDABLE BY OFFERING LOW DOWN PAYMENT LOAN PROGRAMS, PARTICIPATING IN FIRST TIME HOMEBUYER PROGRAMS, AND OFFERING COMPETITIVE INTEREST RATES, LOAN FEES, AND TERMS. ADDITIONALLY, THE CREDIT UNION SUPPORTS SAN FRANCISCO FIREFIGHTERS THROUGH PROGRAMS DEVELOPED TO ASSIST THEIR FINANCIAL AND HOME OWNERSHIP NEEDS. VEHICLE LENDING: THE VEHICLE LENDING PROGRAM OFFERS SIGNIFICANT BENEFITS TO BOTH CREDIT UNION MEMBERS AND THE REGIONAL COMMUNITIES WITHIN THE DESIGNATED FIELD OF MEMBERSHIP, WHICH ENCOMPASSES SAN FRANCISCO, SAN MATEO, AND MARIN COUNTY. THROUGH DIRECT AND INDIRECT VEHICLE LENDING CHANNELS, THE CREDIT UNION FACILITATES THE ORIGINATION OF NEW AND PRE-OWNED VEHICLE LOANS. IT ENSURES A SECURE, EFFICIENT, AND RELIABLE LOAN PROCESS WHILE OFFERING AFFORDABLE INTEREST RATES AND FAVORABLE TERMS. CREDIT CARDS/SOLAR/STUDENT LOANS: THE CONSUMER LOAN PROGRAM BENEFITS CREDIT UNION MEMBERS AND THE REGIONAL COMMUNITIES LOCATED WITHIN THE CREDIT UNION'S FIELD OF MEMBERSHIP INCLUDING SAN FRANCISCO, SAN MATEO, AND MARIN COUNTY. THE CREDIT UNION OFFERS COMPETITIVE CREDIT CARD INTEREST RATE, REWARD POINTS AND LOAN TERMS. THE CREDIT UNION ASSISTS STUDENTS BY PROVIDING THEM WITH FINANCING SERVICES TO HELP THEM REACH THEIR EDUCATIONAL GOALS. THE CREDIT UNION PROVIDES SOLAR FINANCING TO MEMBERS AND NON-MEMBERS TO ACQUIRE AND INSTALL HOME SOLAR SYSTEMS TO ASSIST HOMEOWNERS WITH THEIR SOLAR NEEDS, PROVIDING COMPETITIVE INTEREST RATES AND TERMS. 0 0 1 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 16930 0 1 201 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 1 0 CA X THU NGUYEN 4156744800 3201 CALIFORNIA STREET SAN FRANCISCO CA 94118 BROOK BAKER CHAIPERSON 4.00 X 0 0 0 ROBERT OLSON VICE CHAIRPERSON 2.00 X 0 0 0 KIM WEISS SECRETARY 2.00 X 0 0 0 ETTORE LEALE DIRECTOR 2.00 X 0 0 0 ROBERT CAPPA DIRECTOR 2.00 X 0 0 0 ANTHONY DILUZIO DIRECTOR 2.00 X 0 0 0 ANTHONY RIVERA DIRECTOR (EFFECTIVE FROM M 2.00 X 0 0 0 KATHERINE DUVALL CEO 50.00 X 942577 0 38102 ROBERT KASSAB CHIEF FINANCIAL OFFICER 50.00 X 467543 0 43799 ANTHONY VITALE CHIEF INFORMATION OFFICER 50.00 X 372354 0 40565 BRYDEN CAIRNEY CHIEF LENDING OFFICER 50.00 X 316692 0 32523 IICHOO CHEW CHIEF MARKETING OFFICER 50.00 X 343414 0 2316 ERICK WELCH CHIEF EXPERIENCE OFFICER 50.00 X 326375 0 27968 DAWN CHUTE CHIEF PEOPLE OFFICER 50.00 X 279360 0 32361 JOHN BASALLA CHIEF RISK OFFICER 50.00 X 229236 0 10778 THU NGUYEN VP CONTROLLER 40.00 X 218093 0 9482 DEANNE MIRANDA VP CONSUMER LENDING 40.00 X 170170 0 23329 ALEXANDR KONONOVICH VP DATA AND ANAYLTICS 40.00 X 207472 0 8302 CAROL FRIEND DIRECTOR OF LENDING OPEART 40.00 X 230224 0 20393 DENNIS BARNES AVP IT SERVICE DELIVERY 40.00 X 219484 0 11267 NAS BIRMINGHAM VP DIGITAL EXPERIENCE 40.00 X 239263 0 25589 MECHELL KEITH AVP PMO 40.00 X 174765 0 22860 WHITNEY HAYES DIRECTOR HEAD OF BUS DEV & 40.00 X 193052 0 18597 EMILY BOROWSKI VP COMPLIANCE 40.00 X 156760 0 43906 MANUELA FRANCO AVP OPERATIONS 40.00 X 167294 0 9193 NEEKO CHAU AVP FINANCIAL PLANNING 40.00 X 171618 0 21804 SARAH SCHAFER VP INTEGRATED MARKETING 40.00 X 220780 0 15696 MIRABEL ZAMORA VP REAL ESTATE LENDING OPE 40.00 X 166403 0 15601 OLIVIA ROTHSCHILD MARKETING MANAGER 40.00 X 158689 0 20471 DERRICK LIANG GROWTH MARKETING MANAGER 40.00 X 157570 0 12998 THOMAS HUGHES MANAGER OF APPLICATIONS DE 40.00 X 155411 0 22667 ELIZABETH RIGNEY AVP GROWTH & RETENTION 40.00 X 147946 0 49902 MAX EDWARDS AVP MEMBER SERVICES 40.00 X 147664 0 19241 6580209 0 599710 63 0 1 0 XTERRA SOLUTIONS INC 311 CALIFORNIA ST SUITE 300 SAN FRANCISCO CA 94014 SOFTWARE AND CONSULTING 1666763 DBSI INC 6950 W MORELOS PL STE 1 CHANDLER AZ 85226 DESIGN-BUILD AND SPACE PLANNING SERVICE 1313815 VISA USA INC PO BOX 742233 LOS ANGELES CA 90074 CREDIT CARD/DEBIT CARD SERVICES 1307728 ALKAMI TECHNOLOGY INC 5601 GRANITE PKWY 120 PLANO TX 75024 ONLINE BANKING 1231610 CO-OP FINANCIAL SERVICES 9692 HAVEN AVE SUITE 300 RANCHO CUCAMONGA CA 91730 CREDIT/DEBIT/ATM/DIGITAL PAYMENT SERVICE 1160326 44 INTEREST ON LOANS 522100 58512613 58512613 FEE INCOME 522100 3068667 3068667 FINANCE AND INSURANCE 520000 8850 8850 PARTNERSHIP INCOME 901101 1367 1367 61591497 10231241 10231241 8743237 8543426 199811 199811 199811 INTERCHANGE INCOME 522100 5316350 5316350 OTHER OPERATING INCOME 522100 723635 723635 CUSO INCOME 522100 122852 122852 6162837 78185386 67744117 10217 10431052 X 118013 22500 6287360 13519959 649222 2637815 1407459 110723 408966 8564 3658668 902825 847323 4372167 1710641 418028 20599092 2335459 457993 UBI EXPENSE 1574 CREDIT/DEBIT CARD EXPEN 3454963 PROVISION FOR LOAN LOSS 2862639 MISCELLANEOUS 2156208 1098116 70046277 1122534 1136177 76148978 66714976 1848359 1552934 13416678 13729721 1170558121 1090272015 4236479 4220974 26815780 13656620 12241256 13159160 389708966 358956986 15094687 15010620 72548056 63805480 1756924114 1628559043 21360082 20000298 2029459 1913095 210000000 1433091660 1503688223 1666481201 1525601616 X 0 0 0 0 90442913 102957427 90442913 102957427 1756924114 1628559043 8139109 4375405 0 X X 0 1 X 1 0 8564 8564 8564 1 CALIFORNIA CREDIT UNION LEAGUE POLITICAL ACTION COMMITTEE 1201 K STREET SUITE 1050 SACRAMENTO CA 95814 952626042 8564 0 1 X 2479464 2479464 5639479 2560613 3078866 7804290 4232294 3571996 3554605 2375989 1178616 7337942 4487724 2850218 13159160 SHARES 136148838 SHARE DRAFTS 460046746 OTHER SHARES 3043927 MONEY MARKET 539323993 LEASE LIABILITY 6502239 IRA SHARES 11174048 CERTIFICATES OF DEPOSIT 347448432 1503688223 X 78185386 0 78185386 0 78185386 70046277 0 70046277 0 70046277 PART IV, LINE 2B: THE CREDIT UNION HOLDS ESCROWED FUNDS FOR THE PAYMENT OF PROPERTY TAXES AND HOMEOWNERS' INSURANCE. THE CREDIT UNION THEN REMITS THESE FUNDS TO THE APPLICABLE THIRD PARTIES ON BEHALF OF THE BORROWERS AS A SERVICE TO OUR MEMBERS WHO HAVE MORTGAGES WITH THE CREDIT UNION OR HAVE MORTGAGES SERVICED BY THE CREDIT UNION. PART X, LINE 2: THE CREDIT UNION IS A STATE-CHARTERED CREDIT UNION DESCRIBED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(14). AS SUCH, THE CREDIT UNION IS EXEMPT FROM FEDERAL TAXATION OF INCOME DERIVED FROM THE PERFORMANCE OF ACTIVITIES THAT ARE IN FURTHERANCE OF ITS EXEMPT PURPOSES. 1 KQED 2601 MARIPOSA STREET SAN FRANCISCO CA 94110 941241309 501(C)(3) 74990 0 CHARITABLE CONTRIBUTION TO TV SIP&TASTE SPONSORSHIP/KQED CARES MISSION ART 415 INC 2884 MISSION STREET SAN FRANCISCO CA 94110 851256842 501(C)(3) 10000 0 CHARITABLE CONTRIBUTION FOR FIREFIGHTER MURAL CREATION AT 897 ELLIS /JONES ST SAN FRANCISCO FIRE FIGHTERS TOY PROGRAM 1139 MISSION ST SAN FRANCISCO CA 94103 942598851 501(C)(3) 5023 0 INCLUDES TOY PROGRAM DOLL AND BALL DONATIONS AND GOLF TOURNAMENT SPONSORSHIP SF FIREFIGHTERS CANCER PREVENTION FOUNDATION 1139 MISSION ST SAN FRANCISCO CA 94103 562608686 501(C)(3) 28000 0 CHARITABLE CONTRIBUTION TO FIREFIGHTER CANCER PREVENTION TO HELP IGNITE HOPE GALA 4 0 SCHOLARSHIPS 9 22500 PART I, LINE 2: SF FIRE CREDIT UNION STARTED MAINTAINING A GRANT SPREADSHEET TO TRACK GRANTS OR ASSISTANCE DURING 2024 WHICH INCLUDES THE NAMES OF THE CHARITY, AMOUNT, TYPE OF DONATION AND CONTACT. IN 2023 AND THROUGH 2024, 100% OF THE DONATIONS ARE BENEFIT THE FIREFIGHTING COMMUNITY. WE ARE IN THE PROCESS OF FORMALIZING AND DOCUMENTING THE SELECTION CRITERIA. X X X 1 1 X X X X 0 1 0 KATHERINE DUVALL CEO 743293 0 117430 0 81854 0 13800 0 24302 0 980679 0 0 0 ROBERT KASSAB CHIEF FINANCIAL OFFICER 414310 0 52633 0 600 0 13800 0 29999 0 511342 0 0 0 ANTHONY VITALE CHIEF INFORMATION OFFICER 332796 0 38958 0 600 0 12305 0 28260 0 412919 0 0 0 ERICK WELCH CHIEF EXPERIENCE OFFICER 291535 0 32960 0 1880 0 13028 0 14940 0 354343 0 0 0 BRYDEN CAIRNEY CHIEF LENDING OFFICER 284043 0 32049 0 600 0 10046 0 22477 0 349215 0 0 0 IICHOO CHEW CHIEF MARKETING OFFICER 304846 0 35012 0 3556 0 2316 0 0 0 345730 0 0 0 DAWN CHUTE CHIEF PEOPLE OFFICER 250342 0 28418 0 600 0 10301 0 22060 0 311721 0 0 0 NAS BIRMINGHAM VP DIGITAL EXPERIENCE 220386 0 17677 0 1200 0 6322 0 19267 0 264852 0 0 0 CAROL FRIEND DIRECTOR OF LENDING OPEART 211309 0 16586 0 2329 0 9533 0 10860 0 250617 0 0 0 JOHN BASALLA CHIEF RISK OFFICER 205805 0 22831 0 600 0 9300 0 1478 0 240014 0 0 0 SARAH SCHAFER VP INTEGRATED MARKETING 203992 0 16188 0 600 0 6219 0 9477 0 236476 0 0 0 DENNIS BARNES AVP IT SERVICE DELIVERY 201964 0 16320 0 1200 0 8782 0 2485 0 230751 0 0 0 THU NGUYEN VP CONTROLLER 202060 0 15433 0 600 0 8740 0 742 0 227575 0 0 0 ALEXANDR KONONOVICH VP DATA AND ANAYLTICS 201964 0 4308 0 1200 0 8302 0 0 0 215774 0 0 0 WHITNEY HAYES DIRECTOR HEAD OF BUS DEV & 178728 0 13724 0 600 0 6780 0 11817 0 211649 0 0 0 EMILY BOROWSKI VP COMPLIANCE 144199 0 11961 0 600 0 6875 0 37031 0 200666 0 0 0 ELIZABETH RIGNEY AVP GROWTH & RETENTION 136770 0 10576 0 600 0 6290 0 43612 0 197848 0 0 0 MECHELL KEITH AVP PMO 160671 0 12894 0 1200 0 7146 0 15714 0 197625 0 0 0 DEANNE MIRANDA VP CONSUMER LENDING 156997 0 12573 0 600 0 6168 0 17161 0 193499 0 0 0 NEEKO CHAU AVP FINANCIAL PLANNING 162905 0 7513 0 1200 0 6913 0 14891 0 193422 0 0 0 MIRABEL ZAMORA VP REAL ESTATE LENDING OPE 153540 0 12203 0 660 0 6219 0 9382 0 182004 0 0 0 OLIVIA ROTHSCHILD MARKETING MANAGER 147995 0 10094 0 600 0 6441 0 14030 0 179160 0 0 0 THOMAS HUGHES MANAGER OF APPLICATIONS DE 145953 0 8258 0 1200 0 6342 0 16325 0 178078 0 0 0 MANUELA FRANCO AVP OPERATIONS 154489 0 12205 0 600 0 6708 0 2485 0 176487 0 0 0 DERRICK LIANG GROWTH MARKETING MANAGER 150108 0 6462 0 1000 0 6395 0 6603 0 170568 0 0 0 MAX EDWARDS AVP MEMBER SERVICES 136405 0 10659 0 600 0 6039 0 13202 0 166905 0 0 0 PART I, LINE 1A THE CREDIT UNION REIMBURSES TRAVEL EXPENSES FOR COMPANIONS TRAVELING TO THE BOARD OFF-SITE ANNUAL PLANNING CONFERENCES. PART I, LINE 1B DEFERRED COMPENSATION PLAN [SECTION 457(F): THE CREDIT UNION HAS A NONQUALIFIED DEFERRED COMPENSATION PLAN FOR THE PRESIDENT/CEO. UNDER THE TERMS OF THE PLAN, THE PARTICIPANT IS ENTITLED TO A SPECIFIED AMOUNT IF THEY REMAIN EMPLOYED BY THE CREDIT UNION UNTIL A PREDETERMINED TIME. IF THE PARTICIPANT BECOMES FULLY DISABLED AS DEFINED IN THE AGREEMENT, ACCRUED BENEFITS ARE IMMEDIATELY PAYABLE. THE BENEFITS ARE SUBJECT TO FORFEITURE IF EMPLOYMENT IS TERMINATED FOR CAUSE AS DEFINED IN THE AGREEMENT. THE FOLLOWING ARE CONTRIBUTIONS THE CREDIT UNION MADE TO THE 457(F) PLAN DURING THE YEAR ENDED DECEMBER 31, 2024. KATHERINE DUVALL: - $182,588 (ACCRUED). THE ACCRUED BENEFIT FOR THE 457(F) WAS REDUCED BY $182,588 DURING THE YEAR. THE CREDIT UNION ENTERED INTO COLLATERAL ASSIGNED SPLIT DOLLAR AGREEMENTS WITH ANTHONY VITALE AND KATHERINE DUVALL. THE LOANS ARE COLLATERALIZED BY THE ASSIGNMENT OF THE POLICY DEATH BENEFITS AND CASH SURRENDER VALUES OF EACH RESPECTIVE LIFE INSURANCE POLICY. THE POLICIES ARE OWNED BY THE EXECUTIVES AND THE EXECUTIVES HAVE THE RIGHT TO NAME THE BENEFICIARIES FOR AMOUNTS NOT SECURED BY THE ASSIGNMENTS. THE LOAN ARRANGEMENTS INCLUDE A RECOURSE PROVISION WHEREBY THE CREDIT UNION HAS THE INTENT TO SEEK COLLECTION OUTSIDE THE LIFE INSURANCE POLICY IF THE EXECUTIVE WERE TO BE TERMINATED WITH OR WITHOUT CAUSE AND THE EXECUTIVES HAVE THE FINANCIAL ABILITY TO REPAY THE LOAN. AARON SATO FORMER CHIEF FINANCIAL OFFICER SPLIT DOLLAR X 2729008 2829248 0 1 1 ANTHONY VITALE CHIEF INFORMATION OFFICER SPLIT DOLLAR X 2871369 2976838 0 1 1 ANTHONY VITALE CHIEF INFORMATION OFFICER MORTGAGE X 1160000 1033742 0 1 1 DAWN CHUTE CHIEF PEOPLE OFFICER AUTO X 20000 8151 0 0 1 DAWN CHUTE CHIEF PEOPLE OFFICER MORTGAGE X 656500 579939 0 1 1 ELIZABETH RIGNEY AVP GROWTH & RETENTION MORTGAGE LOAN X 385000 352946 0 0 1 ELIZABETH RIGNEY AVP GROWTH & RETENTION INDIRECT USED AUTO LOAN X 34748 23616 0 0 1 KATHERINE DUVALL CEO DIRECT NEW AUTO LOAN X 90407 61361 0 1 1 KATHERINE DUVALL CEO MORTGAGE X 1815500 1592017 0 1 1 KATHERINE DUVALL CEO SPLIT DOLLAR X 2884854 3040370 0 1 1 MIRABEL ZAMORA VP REAL ESTATE LENDING OPS MORTGAGE X 685000 627892 0 0 1 THU NGUYEN VP CONTROLLER AUTO X 52901 7955 0 0 1 THU NGUYEN VP CONTROLLER MORTGAGE X 655200 595646 0 0 1 13729721 FORM 990, SCH L, PART II THE CREDIT UNION ENTERED INTO COLLATERAL ASSIGNED SPLIT DOLLAR AGREEMENTS WITH AARON SATO, ANTHONY VITALE, AND KATHERINE DUVALL. THE LOANS ARE COLLATERALIZED BY THE ASSIGNMENT OF THE POLICY DEATH BENEFITS AND CASH SURRENDER VALUES OF EACH RESPECTIVE LIFE INSURANCE POLICY. THE POLICIES ARE OWNED BY THE EXECUTIVES AND THE EXECUTIVES HAVE THE RIGHT TO NAME THE BENEFICIARIES FOR AMOUNTS NOT SECURED BY THE ASSIGNMENTS. THE LOAN ARRANGEMENTS INCLUDE A RECOURSE PROVISION WHEREBY THE CREDIT UNION HAS THE INTENT TO SEEK COLLECTION OUTSIDE THE LIFE INSURANCE POLICY IF THE EXECUTIVE WERE TO BE TERMINATED WITH OR WITHOUT CAUSE AND THE EXECUTIVES HAVE THE FINANCIAL ABILITY TO REPAY THE LOAN. FORM 990, PART VI, SECTION A, LINE 6 PARTICIPATION IN THE CREDIT UNION IS LIMITED TO THOSE WHO QUALIFY FOR MEMBERSHIP AS DEFINED IN THE CREDIT UNION'S CHARTER AND BYLAWS. THIS GENERALLY CONSISTS OF FIREFIGHTERS, FAMILY MEMBERS OF FIREFIGHTERS, SAN FRANCISCO FIRE DEPARTMENT HISTORICAL MEMBERS, AND THOSE WHO LIVE, WORK, OR ATTEND SCHOOL IN THE CITY OR COUNTY OF SAN FRANCISCO, SAN MATEO COUNTY, AND MARIN COUNTY. FORM 990, PART VI, SECTION A, LINE 7A SAN FRANCISCO FIRE CREDIT UNION IS OWNED BY ITS MEMBERS. EACH MEMBER CAN CAST ONE VOTE IN THE ANNUAL ELECTION OF MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B 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. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON THE INFORMATION PROVIDED BY MANAGEMENT. THE CFO REVIEWS THE COMPLETED FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE PERSONS COVERED UNDER THE CONFLICT-OF-INTEREST POLICY INCLUDE EMPLOYEES, OFFICERS, DIRECTORS, COMMITTEE MEMBERS, AGENTS AND ATTORNEYS OF THE SF FIRE CREDIT UNION ARE HEREIN REFERRED TO AS "OFFICIALS" FOR THE PURPOSE OF THE CODE-OF-CONDUCT POLICY. THE EMPLOYEE HANDBOOK STATES EMPLOYEES ARE EXPECTED TO NOTIFY THE CREDIT UNION IF A CONFLICT OF INTEREST EXISTS AND AN EMPLOYEE MAY BE DISMISSED UNDER CERTAIN CIRCUMSTANCES SURROUNDING A CONFLICT OF INTEREST. THE EMPLOYEE HANDBOOK IS REVIEWED BY EMPLOYEES ANNUALLY AND ACKNOWLEDGED. HUMAN RESOURCES OBTAINS THE ANNUAL ACKNOWLEDGMENT. THE BOARD ANNUAL POLICY ADDRESSES THIS FOR BOARD MEMBERS AND EACH BOARD MEMBER IS REQUIRED TO ACKNOWLEDGE THE CONFLICT-OF-INTEREST POLICY ANNUALLY. THE BOARD OF DIRECTORS REGULATES THE ETHICAL AS WELL AS MORAL CONDUCT OF THIS CREDIT UNION'S OFFICIALS AS THAT CONDUCT RELATES TO ANY BUSINESS OR TRANSACTION OF THE CREDIT UNION. IN THE EVENT THERE IS ANY QUESTION AS TO THE PROPRIETY OF ANY ACTION OR CONDUCT BY A CREDIT UNION OFFICIAL, THAT OFFICIAL SHALL HAVE THE DUTY TO REPORT SUCH ACTIVITY TO THE BOARD, OR INQUIRE WHETHER SUCH ACTIVITY IS PERMISSIBLE. EACH CREDIT UNION OFFICIAL HAS A DUTY TO NOTIFY AND INQUIRE OF THE BOARD OF DIRECTORS IN WRITING UNDER SUCH CIRCUMSTANCES. MINISTERIAL MATTERS MAY BE VERBALLY ADDRESSED TO THE PRESIDENT/CEO OF THE CREDIT UNION, UNLESS OTHERWISE DIRECTED TO BE IN WRITING. THE PRESIDENT/CEO OR HIS/HER DESIGNEE MAINTAINS ACCURATE FILES AND RECORDS OF ALL REPORTS AND DISCLOSURES REQUIRED BY THIS CODE OF CONDUCT. IN ADDITION, THE PRESIDENT/CEO IS RESPONSIBLE FOR MAINTAINING COMPLIANCE. SHOULD THERE BE A CONFLICT, THE PERSON(S) WILL BE EXCLUDED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE CEO IS REVIEWED ANNUALLY BY MEMBERS OF THE BOARD OF DIRECTORS THROUGH REVIEW OF COMPENSATION SURVEYS AND OTHER APPLICABLE DATA SPECIFIC TO CREDIT UNIONS. EMPLOYMENT CONTRACTS AND COMPENSATION REVIEW AND APPROVAL PROCESSES ARE DOCUMENTED IN HUMAN RESOURCES IN THE EMPLOYEE'S PERSONNEL FILES. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE CEO AND IS BASED ON APPLICABLE COMPENSATION SURVEYS AND MARKET DATA. EMPLOYMENT CONTRACTS AND COMPENSATION REVIEW AND APPROVAL PROCESSES ARE DOCUMENTED BY HUMAN RESOURCES IN THE EMPLOYEE'S PERSONNEL FILES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES ITS CONFLICT-OF-INTEREST POLICY AND GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER OUTSIDE PROFESSIONAL SERVICES 3,658,668. FORM 990, PART IX, LINE 24E LOAN SERVICING 843,607. EMPLOYEE TRAINING/RECRUITMENT 254,256. CASH OVER/SHORT 253. FORM 990, PART XII, LINE 2C 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.