Member-owned credit union offers unique opportunity to serve on Board
While there are many reasons people trust credit unions to handle their financial needs, perhaps the most important reason is this: credit union Members are also the owners, with a voice in the governance of their financial institution. That voice includes the opportunity to run for the credit union’s Board of Directors. In that spirit, Consumers Credit Union (CCU; $1.3 Billion, Waukegan, IL) is accepting nominations for Members to run for its Board of Directors.
Members interested in applying to serve on CCU’s Board should send a statement of intent via e-mail to [email protected], or by mail to Consumers Cooperative Credit Union, Attention: Nominating Committee, 1075 Tri-State Pkwy, Gurnee, IL. 60031-1811. Candidates must include their name, address and daytime and evening phone numbers in order to be considered. Candidates must meet the Nomination Policy requirement of CCU which shall be provided with the Volunteer Board Member Application to be eligible. The deadline for applying is 5:00 pm on Thursday, October 31, 2019, with the election to be held at the CCU’s Annual Meeting on March 11, 2020. Those elected to the Board will serve a three (3) year term.
"Consumers Credit Union is looking for Members with an interest in guiding the future of CCU,” said Sean M. Rathjen, CCU President/CEO. “The ability to serve on our all-volunteer Board of Directors is a privilege unique to credit unions. Our Board consists of thirteen Members who come from many different backgrounds. This diversity ensures we explore opportunities and challenges from numerous points of view."
Volunteers serving on the Board of Directors are required to attend meetings at least once per month throughout the year. “Our Board takes their responsibilities very seriously,” continued Rathjen. “Their focus and insight on the regulatory and compliance aspects of CCU have helped us grow and evolve since the credit union was founded in 1930. We encourage all Members to consider serving on our Board and look forward to receiving applications from many qualified candidates.”
For more information about running for the Board of Directors, contact Lauren Schultz, Executive Assistant, at [email protected].