Reimbursement Policy

Develop, in accordance with NCUA regulation § 701.33(b)(2)(i), written policies and procedures, including documentation requirements, for the payment of reasonable and proper costs incurred by an official in carrying out the official’s responsibilities, if the board of directors determines the payment is necessary or appropriate to carry out the official business of the credit union. Such payment includes reimbursement to a credit union official or direct credit union payment to a third party.

Last updated on March 30, 2026