Ethics & Governance
Ministry Partners® is organized as a California limited liability company, and we are owned by a group of credit unions (our Members). Our Board of Managers (i.e. directors) governs the company on behalf of the Members. Our Board determines the ends of the enterprise and its essential purposes in light of the expectations of our owners.
Our management team (President, Vice Presidents, etc.) bears the responsibility for determining and managing the means by which these ends are achieved. They act within the bounds set by the Board, and owe accountability to the Board for the Company’s performance.
Among the most important aspects of governance is the maintenance of a 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 also complies with the requirements of Section 404 of the federal Sarbanes-Oxley Act.