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 lower fees, better rates, and enhanced services.
The Board of Directors is made up of individuals who are members of the credit union. They serve in their role on behalf of all members.
The Nominating Committee is accepting applications for three openings on the Board of Directors.
Members elect the Board of Directors to guide the organization to fulfill its purpose by setting the plans and policies that direct the affairs of the credit union. Typically, the Board of Directors meets monthly to review the direction of the credit union and to ensure plans and policies are properly implemented. Since the pandemic began, the Board has been meeting virtually, approximately three times per month.
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.
Candidates must be a member of Westerra Credit Union in good standing and be at least 21 years of age. The Nominating Committee will use the following criteria in reviewing and evaluating candidates:
Knowledge of and commitment to the history and culture of Westerra Credit Union
Member with an active account at Westerra Credit Union for not less than three years
Ability to meet time and participation commitments as a board member
Any actual or potential conflicts of interest
Skills, background, and expertise that the board needs
How to Apply: If you would like to contribute your skills and time to the credit union on the Board of Directors, please contact Steve Schmidle, Chief Financial Officer, at firstname.lastname@example.org or call 303-329-4509 for an application.
Applications must be submitted by Monday, October 31, 2022, and will be reviewed by members of the Nominating Committee.
The Nominating Committee is comprised of JT Gaietto, Barry Beal, Jim Kullhem, and Ron Walker. Successful candidates will be officially announced at the Westerra Credit Union Annual Meeting on Tuesday, April 25, 2023, and will begin their three-year term at that time.
Read full Oct 2022 Westerra Way Newsletter here.