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.
Westerra is currently seeking members who would like to serve on the Board of Directors for three-year terms: Members elect the Board of Directors to guide the organization to fulfill its purpose by setting the plans and policies which 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, non-profit board experience, collegiality, community/civic engagement, finance, management, leadership, lobbying (registered), computer science, security, human resource services, lending, investing and other related areas.
Qualification criteria: 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 3 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 303-329-4509 or firstname.lastname@example.org for an application. Applications must be submitted by Monday, October 18, 2021.
Successful candidates will be officially announced at the Westerra Credit Union Annual Meeting on March 15, 2022 and will begin their three-year term at that time.
Thank you for your interest in your credit union!
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