Who is eligible to become part of the Board?
Any member of at least 18 years of age or older is eligible to become a volunteer as long as you are a member in good standing with the Credit Union. To be considered, fill out the application package. Each year the Board will appoint a nominating committee who will review a list of nominees for the office of Director and select the individual(s) who possess the skills and experience necessary for this position. Then, the members will vote on who they would like to represent them.
If elected, how long do I serve?
Directors are elected to a two—to three-year term and may run for re-election should they so desire; the credit union does not impose term limits.
What meetings do I need to attend?
The primary meeting of the Board of Directors is once per month. The meeting is held on the 3rd Thursday in the evening hours at 5:00 p.m. and often takes one (1) to two (2) hours. There are times, however, when special meetings are necessary and can be called during the day or evening. Director meetings are extremely important and must be taken seriously and, as such, must be given a high priority in one’s schedule. Critical information is shared at each and every meeting, and only through your attendance can you expect to make intelligent decisions for the credit union. Once a year, you will also be required to attend a Strategic Planning weekend that is usually held in the fall.
Will I get any training?
The credit union stresses the importance and relevance of education to our volunteers. Every year the credit union provides each director with several opportunities to attend educational forums.
What is the compensation
There is no compensation given - it is a volunteer position.
What responsibilities would I have?
The primary responsibility of a Director is to safeguard the member’s financial assets and to meet our member’s needs in terms of product and services. Directors develop a road map of priorities (strategic planning) for management and staff to follow. Directors set policy in such areas as: lending, collections, and investments just to name a few. Each Director will be assigned to certain committees to help with.
Would I make a good credit union volunteer?
Volunteers must maintain a balanced focus on serving member needs while preserving the credit union's financial strength. Below are some important factors to consider “prior” to becoming a credit union volunteer:
- Be familiar with credit union products and services.
- Understand the economic and social conditions affecting the credit union.
- Be committed to attending both scheduled meetings and educational programs the credit union offers.
- Be a member in good standing and utilize Elevate Credit Union for your primary financial accounts.
- Act as an ambassador for your credit union. Pay attention to the needs and wants of fellow members as well as the community at large, and report your findings to credit union management.
- Always prioritize the credit union. Elevate Credit Union's safety and soundness should come before any personal agendas.
O.K., how do I volunteer?
Serving as a credit union volunteer is a highly responsible and challenging position, which brings about tremendous satisfaction in helping others. To volunteer for your credit union, you need to submit the volunteer Form (closed for 2024) no later than February 8th of the current year. By Mail: Elevate Credit Union, Attn: Tonya Gail, 1023 Medical Dr., Brigham City, UT 84302 or, By Email: tonyagail@elevatecu.com. If you have any questions, please call Tonya Gail at (435) 538.5118.
