The Board of Directors

Every credit union has a board consisting of an odd number of directors, usually no fewer than five. Terms of offices are staggered, each for three (3) years, so that an approximately equal number of directors are elected each year.

In general terms, the Board of Directors has the duty and responsibility to set direction and control the credit union according the wishes of the membership and in accordance with all pertinent laws and regulations. This means that directors are responsible for ensuring that the credit union is being operated in a sound and prudent manner and that it is fulfilling its purpose of encouraging thrift amount the members and meeting their needs for low-cost credit.

To accomplish this, the Board sets policies, appoints committees, and hires a chief executive officer (CEO) to carry out those policies. It also decides what programs the credit union will offer and what type of facilities it will use.

The board meets at least monthly, on the 2nd Wednesday of each month, to review the credit union’s operation and plan for the future. It reviews the CEO’s progress in achieving goals and objectives. And it reports to the membership at the credit union’s annual meeting.

Current Board of Directors: Term Expires
Mike Wetzel, Chairman 2016
Jim O’Brien, V. Chairman 2015
Charlene Kachnoskie, Secretary 2015
Ernie Doerschuk, Treasurer 2016
Andrea Cubbison 2016
Lois Murse 2014
Mary Jane Nagle 2014
Norm Smith 2015
Rod Strong 2014

The Supervisory Committee

The supervisory committee, required by the Federal Credit Union Act and most state laws, is the watchdog of the credit union. It is responsible for making sure that members’ funds and interest are protected, as well as the interests of credit union officials. The committee is elected by the membership at the annual meeting. It conducts an annual audit and has a continuing responsibility to ensure that the credit union’s financial records and operations are in order.

The supervisory committee has exceptional powers in its role of evaluating elected officials and its ability to suspend directors. If the supervisory committee fees that it has sufficient cause, it can suspend a director or executive officer until a special meeting of the membership is called, usually within a matter of days. At that meeting, the members act on the suspension.

Every credit union has a supervisory committee of at least 3 members. Terms of offices are staggered, each for three (3) years, so that an approximately equal number of members are elected each year.

The supervisory committee meets at least monthly, on the Wednesday before the board meeting. One member of the SC is requested to attend the monthly board meeting to present minutes of the committee’s meeting and activities. The SC reports to the membership at the credit union’s annual meeting.

Current Supervisory Committee Term Expires
Mike Piascinski, Chairman 2016
Mark Cannon 2015
Catherine Chilcoat 2016
Lynn Hershey 2014