Board of Directors
How to Become a Volunteer?
1st Community Credit Union’s Board of Directors represents the interests of you, our member-owners, and works with the management team to improve your financial quality of life.
1st Community is here today because a group of people had a vision in 1961 and banned together with one purpose in mind; to serve the needs of a community. The credit union was founded and operated solely on the support of volunteers.
Who can be a board member?
Our volunteer Board of Directors is made of members just like you who bring their professional expertise to the table. Any adult member of 1st Community Credit Union may volunteer to run for election to the Board and help steer our course. Directors must be:
- Members of 1st Community Credit Union in good standing
- A member for at least 90 days
- 18 years of age
- Not an employee of the Credit Union
- Willing to agree to a criminal background check and a credit check
What does a Board Member do?
- Directors are elected to a three (3) year term and may run for re-election.
- The primary meeting of the Board of Directors is once per month. The meeting is held in the evening at 6:00 p.m. and may take up to two hours. There are times when special meetings are necessary and may be called during the day or evening.
- Directors are required to attend an annual strategic planning session. These sessions are one or two days and may require an overnight stay.
- Director meetings must be given a high priority. Critical information is shared at each meeting and only through attendance can you expect to make knowledgeable decisions for the credit union.
- The credit union stresses the importance and relevance of education to our volunteers. Every year each director is provided with several opportunities to attend educational forums.
- The primary responsibility of a Director is to safeguard the members’ financial assets and to meet our members’ needs in terms of products and services. Directors develop a road map of strategic plans for management and staff to follow. Directors set policy in such areas as: lending, collections, and investments as well as long-term goals.
What are the benefits of being a Board Member?
You'll be a representative voice for your fellow members, and have a direct contribution in the overall direction of the credit union. You gain knowledge and experience about the running of a financial institution, strategic planning, and about the credit union movement. It is a great way to become part of a unique organization that affects the financial lives of thousands of members.
How do I become a candidate?
As needed, the credit union accepts applications for qualified Board members. To be considered or to learn more please contact Brad Bauges, President, at 608.269.8121. email@example.com