Every year, credit union members have the opportunity to participate in a distinctive process at the credit union. In connection with each annual meeting, elections are held to select who will serve on the credit union’s 9 member volunteer board. As an owner, each credit union member has the opportunity to read the biographical information of the board candidates selected by the board’s Nominating Committee and then vote for up to three candidates to fill the three open positions.
The Credit Union Difference
This election process is a distinctive opportunity that is unique to not-for-profit credit unions. Customers at other financial institutions don’t have this kind of say in the selection of who serves on the institution’s board of directors. At a credit union, each member is an owner as well as a customer. We encourage each member age 16 and above to participate in this credit union difference. We invite you to read the biographical sketches provided in this newsletter on page 2 and exercise your right to vote for those candidates you feel best meet your expectations. As you can see, the nominating committee has again chosen outstanding board candidates who are successful and involved community and business leaders.
The Board Plays an Important Role
The board is responsible for setting policy and direction for the credit union. A major reason why your credit union is strong and has remained healthy throughout this recession is because of the wise choices made by elected board members who have provided outstanding leadership and guidance and who have focused on the best interest of the credit union and its members. The elected board members serve as volunteers, not paid officials. It is remarkable that such successful people in the community will offer their service and expertise to the credit union members – all without financial remuneration. Such is the credit union spirit and strength!
Making it Easy to Participate
We make it easy for you to vote. After you’ve chosen your candidates you can vote at any of our branch locations from May 9th to May 20th, or online at uccu.com.
Participation is the Key
Of course, you get the most from your credit union membership by participating in the credit union services and products which are designed to help you earn more and pay less for the things you need to reach your financial goals. By participating in the election process you are taking advantage of the opportunity to ensure that the credit union remains strong and will be there for you – and for your children and grandchildren in the years to come.
With You For Life
Thank you for the privilege of serving you and your family! We value and guard the trust you have placed in us to be your financial partner. As your not-for-profit credit union, you are the only reason we exist. Not only do you keep us in business – you are our business. And we never forget that! Use us for all we’re worth!
Utah Community Credit Union