Organizational Governance

Ministry Partners® is organized as a Credit Union Services Organization (CUSO), and we are owned by a group of 11 credit unions (our shareholders). AdelFi and America’s Christian Credit Union (ACCU) collectively own 51% of Ministry Partners® as it primarily serves churches, ministries, and their respective members. In addition to serving its own clientele, Ministry Partners® provides complementary financial products and services to the members of its shareholders.

Our Board of Managers (i.e. directors) governs the company on behalf of the shareholders, who benefit from Ministry Partners® professional expertise and market presence. Our independent Board of Managers determines the strategic direction of Ministry Partners® and oversees the Chief Executive Officer, its only direct employee.

Our Chief Executive Officer (CEO) bears the primary responsibility for determining and managing the means by which to implement the approved strategic plan. Our CEO, along with the rest of the Executive Leadership Team, acts within the parameters set by the Board on behalf of the shareholders.

Among the most important aspects of governance are the maintenance of high ethical culture and a commitment to transparency. Ministry Partners® has adopted a Code of Ethics governing the professional conduct of all Managers and employees of the Company. This code complies with the requirements of Section 404 of the federal Sarbanes-Oxley Act.