Banking local matters: A year of heartfelt impact
At Westerra Credit Union, we live and work and work in our community. We know that banking local matters because it strengthens the communities we call home.
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One of the unique aspects of credit unions is our cooperative structure-everyone who has an account at the credit union is a member and an owner. There are no stockholders. Profits are returned to members through competitive fees and rates, as well as enhanced services. The Board of Directors is made up of individuals who are members of the credit union. They serve in their roles on behalf of all members. The Board of Directors currently meet three times each month to review the direction of the credit union and to ensure plans and policies are properly implemented. Applications are due each October, with successful candidates officially announced at the Westerra Credit Union Annual Meeting the following spring. At that time, new Board Members will begin their term, which usually runs for three years but can depend on the makeup of the Board at the time. Applications will be reviewed by members of the Nominating Committee.
This year, there are three vacancies on the Board of Directors with terms of three years, ending in 2029.
Qualification Criteria:
With the increasing complexity of Director obligations, the Nominating Committee is seeking candidates who have expertise in one or more of the following areas: law, marketing, accounting, education, nonprofit board experience, collegiality, community/civic engagement, finance, management, leadership, lobbying (registered), computer science, security, human resource services, lending, investing, and other related areas.
The Nominating Committee will use the following criteria in reviewing and evaluating candidates. Candidates must be:
A member of Westerra Credit Union in good standing
At least 21 years of age
Knowledgeable of and commited to the history and culture of Westerra Credit Union
A member with an active account at Westerra Credit Union for not less than three years
Able to meet time and participation commitments as a board member
Not have any actual or potential conflicts of interest
Have skills, background, and expertise that the board needs
To receive an application, please contact candidate@westerracu.com.
At Westerra Credit Union, we live and work and work in our community. We know that banking local matters because it strengthens the communities we call home.
We are proud to announce that we are entering our 10th year as a sponsor for Special Olympics Colorado's Annual plunge. This event raises money to support Special Olympic athletes so that they can participate in sports, health and other programs for free.
Colorado’s House Bill 25-1192, currently under review, aims to make financial literacy a graduation requirement for high school students. You may be asking yourself: should Colorado schools weave personal finance courses into their curriculum?
Westerra is happy to announce that Kevin Kiernan has joined the team as our newest MLO.