Volunteers are part of the backbone of our credit union. Our Board of Directors and Committee members play a vital role in setting credit union policies and long-term goals.
Becoming a part of the credit union’s Board of Directors or Supervisory Committee is an extremely rewarding experience that provides you with valuable knowledge for years to come. So why not join us in creating a Brighter Future?
Who Is Eligible To Become A Volunteer?
When running for a vacant Board or committee member position, all that is required of you is to be a member in good standing and to file a nomination petition when asked to do so. An election is held to choose Board member nominees, while the nominees for the Supervisory Committee are appointed by the Board.
Are Volunteers Compensated?
No, but you could be reimbursed for credit union related business travel and expenses. We also pay for attendance at workshops, conferences, etc.
What Responsibilities Would I Have?
Board Members
- Directors are elected to a 2-year term and may run for re-election.
- A monthly Board of Directors meeting is usually held the last Thursday of each month and may take up to two hours.
- 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.
- Directors are strongly encouraged to attend an annual strategic planning session.
- 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.
- The credit union stresses the importance and relevance of education to our Board Members. All Board Members are required to complete annual compliance training.
- 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.
Supervisory Committee Member
- Committee members are appointed to an annual term and may apply for re-appointment. It is recommended that volunteers serve on the supervisory committee prior to running for a board seat.
- Committee 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. All volunteers are required to complete annual compliance training.
- The primary responsibility of a supervisory committee member is to safeguard financial assets and assist in the development of strategic plans for management and staff to follow.
How to Become a Volunteer
If you’re interested in becoming a HOCU volunteer, please contact Mary Young by phone (808-777-5610) or email (myoung@myhocu.com) for more info.
