1301:9-2-05 Financial statements.

(A) Statement of accounts

Each credit union member shall be furnished, at least semiannually, a statement of accounts. Such statement shall clearly reflect all transactions involving a member’s account during the previous accounting period. Any member, pursuant to request, shall receive within a reasonable time a statement reflecting his current outstanding balances in his account.

(B) Display of financial statements

Each credit union shall display at all operating locations, copies of its current and previous month’s financial statements. Such statements shall be posted in both a conspicuous and available manner, so as to be accessible for inspection by all members.

R.C. 119.032 review dates: 03/17/2006 and 11/15/2010

Promulgated Under: 119.03

Statutory Authority: 1733.41

Rule Amplifies: 1733.32

Prior Effective Dates: 10/14/91