Northwest Credit Union Foundation Board Enters New Governance Era

Your Northwest Credit Union Foundation (NWCUF) Board of Directors transitions to an updated governance model this year. Along with an appointment cycle timeline, the Board also approved evolving from a District-seat model to at-large representation.

NWCUF Board members play an integral role in promoting the key areas of focus for your foundation: Asset Building, Economic Empowerment, and Cooperative Development.

“Foundation Board members give their time and expertise to multiply the service of credit unions to their communities,” said NWCUF Executive Director and NWCUA Chief Operating Officer Denise Gabel. “This updated governance model will allow more of the best people to get involved and give their gifts to the Foundation and the communities of the Northwest.”

Under the new governance model, the Nominating Committee charge has also been enhanced. The committee will seek diverse and well-qualified candidates. Geography, asset size, state and federal charters, and rural/metro locations are all characteristics of diversity that the committee will consider. Successful candidates are now appointed to the Board, which has no maximum seats available. More voices at the table are valuable in foundation work.

Barbara Mathey, president and CEO of IBEW & United Workers Federal Credit Union, has agreed to help implement the transition to the new governance structure by leading as the Chair of the Nominating Committee.

A call for interested, qualified candidates will be forthcoming in the weeks ahead.

Questions about this story? Contact James Pearson: 206.340.4790, jpearson@nwcua.org.

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