Board of Directors Call for Candidates

Affinity Plus Federal Credit Union is seeking candidates to serve in an important leadership capacity on the Board of Directors. The Board is involved in setting policies, helping to improve strategic plans, reviewing and approving the annual budget, and assessing the performance of the CEO/President.

Three seats are up for election in 2019, and we have three incumbent Board members who have indicated interest in serving another term:

  • Lori Trygg
  • Karen Foreman
  • David Johnson

 

The Nominating Committee, a sub-committee of the Board of Directors, welcomes interested members to apply for a Board of Directors position.

Request an Application

Applications for consideration must be received by Wednesday, Oct. 31, 2018.

 

Candidates

As a financial cooperative serving 195,000 members across the state of Minnesota, our population is diverse. For that reason, we desire diverse representation on our Board of Directors. We also require broad experience in professional leadership, life, business and volunteering.

Candidate Requirements

To be eligible, each candidate must be a member in good standing and be at least 18 years old.

Applicants must complete credit and reference checks regarding background and qualifications, must complete a criminal background check, and be someone whom the insurer for Affinity Plus can bond.

Candidate Evaluations

The Nominating Committee evaluates all applications and selects candidates for in-person interviews. All applicants will be contacted by the Committee before year-end.

Prior to the end of the year, the Nominating Committee selects a minimum of one candidate for each open seat, making a formal recommendation to the Board of Directors. Once approved, the credit union sends notice of the candidates to all members. In the case of a contested election, all credit union members would have the opportunity to vote; in an uncontested election, candidates are selected by acclamation at the annual meeting in March.

 

Board Terms

Terms last three years, and they're staggered so three seats are up for election each year. The most recently elected (or reelected) Directors started their term on 3/20/18. The next term begins in March of 2019 and will end in March of 2022.

 

Duties & Responsibilities

Attend monthly meetings.

These are typically held at 4 p.m. on the fourth Tuesday of the month, lasting 2–3 hrs.

Monitor our financial performance.

Understanding basic finance, including the ability to read and understand a credit union’s balance sheet and income statement.

Understand relevant laws & regulations.

Specific financial education and training are available to refresh and enhance your general financial acumen.

Ask good questions & discuss.

Pose appropriate and substantive questions of management and engage in strategic discussions to enhance the future of Affinity Plus and advance the credit union industry as a whole.

Participate in educational opportunities.

These are held periodically throughout the year.

Maintain confidentiality.

This applies to discussions in meetings and all matters pertaining to the credit union that are not public knowledge.

 

Questions

If you have additional questions, please feel free to contact us!

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