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The board consists of 7 members, all of whom must be members of this credit union. The number of directors may be changed to an odd number not fewer than 5 and not more than 15 by resolution of the board. No reduction in the number of directors may be made unless corresponding vacancies exist as a result of deaths, resignations, expiration of terms of office, or other actions provided by the credit union’s bylaws.
The Board of Directors consists of a chairman, vice-chairman, secretary, treasurer, and 3 non-chair members. No directors or committee members may be a paid employee of the credit union. No immediate family members of a director or committee member may be a paid employee of the credit union. In no case may employees and family members constitute a majority of the board. The board may appoint a management official who may not be a member of the board and one or more assistant management officials who may not be a member of the board. If the management official or assistant management official is permitted to serve on the board, he or she may not serve as the chair.
Regular terms of office for directors must be for periods of either 2 or 3 years or as the board determines. Any vacancy on the board, credit committee (if applicable), or supervisory committee will be filled within a reasonable time by vote of a majority of the directors then holding office.
A regular meeting of the board shall be held each month at the time and place fixed by resolution of the board.
The board has the general direction and control of the affairs of this credit union and is responsible for performing all the duties customarily performed by boards of directors.
The board is also supported by 3 Supervisory Committee members and 4 Senior Management Officials.
Annual board election for vacancies will be conducted by mail ballot.
Federally Insured by the NCUA. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency. NMLS# 519897.