Former NCUA Chair Matz Elected to Mutual of Omaha Board

Matz, the only person to ever serve two different terms on the NCUA board, resigned in April.

CO-OP Announces Todd Clark as New President/CEO of CO-OP Financial Services

Clark will become the new President/CEO of CO-OP Financial Services effective June 27, succeeding the retiring Stan Hollen.

Northwest Credit Union Association Board Reorganizes for 2015-2016

The evolved Board will guide the Association in its mission to help Northwest credit unions thrive.

SMCU’s Romero Elected to Federation Board of Directors

Romero will guide the Federation in helping credit unions best serve low- and moderate-income consumers and provide affordable financial services to the underserved.

NCUA Vice Chair Metsger Outlines his Four Regulatory Relief Priorities

Along with the four priorities, Metsger said he wants to take certain issues out of the NCUA’s hands and put them in the hands of credit union directors, “where they belong.”

Top Directors Contribute Combined 70 Years of Service to Credit Unions

Credit union board accomplishments were celebrated during the recent Northwest Credit Union Association’s Directors Conference. Honors presented included the Distinguished Impact, Director of the Year and Advocate of the Year awards.

NWCUA Announces Board Reorganization, Celebrates Outgoing Directors

Debie Keesee’s contributions as 2012-2014 board chair are celebrated as Jack Fallis is seated as board chairman. Shirley Cate and Terry Belcoe complete their service. John Zmolek and Jim Lumpkin join the board.

Top Directors Honored at NWCUA Directors’ Conference

The contributions of credit union board members were celebrated at a gala awards dinner during the NWCUA Directors’ Conference last week in Vancouver, Washington.

Jim Lumpkin, John Zmolek Named to NWCUA Board; Jack Fallis, Bob Newcomb Retain Seats

USAgencies Credit Union CEO Jim Lumpkin and Verity Credit Union CEO John Zmolek have been named to the Northwest Credit Union Association’s board of directors and veteran directors Jack Fallis, president and CEO of Global, and Bob Newcomb, CEO of SELCO Community Credit Union, will retain their seats after an uncontested election.

What’s in a Name? That Which We Call a Board…

Can a credit union call its board of directors a “board of trustees?” Washington’s Department of Financial Institutions weighs in. Also in today’s Anthem: Legal Briefs, and the Question of the Week: “Can a state-chartered credit union expel a member?”

Friday’s the Deadline for 2014 Directors’ Award Nominations

Four directors and a credit union will be honored with Directors’ Awards at the Northwest Credit Union Association’s Directors’ Conference, which is scheduled for June 6-8 at the Heathman Lodge in Vancouver, Washington. Nominations are being accepted through May 16.

Directors’ Awards to Honor Board Members for Leadership, Advocacy, Community Service

Credit union directors who have demonstrated extraordinary leadership and a commitment to advocacy, community service and the ongoing success of their financial institution will be honored with Directors’ Awards at the Northwest Credit Union Association’s Directors’ Conference in June.

National Credit Union Foundation Seeks Nominees for Four New Board Seats

Nominations are now being accepted for four new seats on the National Credit Union Foundation’s board of directors after the current board amended the organization’s bylaws to add additional positions.

Northwest Credit Union Association Seeking Nominations for Board of Directors

Nominations will be accepted beginning March 12 for four seats on the Northwest Credit Union Association’s 11-member board of directors.

DFI Issues Final Rule for Reasonable Compensation of Directors and Supervisory Committee Members

The Washington state Department of Financial Institutions has released a bulletin that explains its final rule on reasonable compensation for directors and supervisory committee members. The rule takes effect on Feb. 23.

BECU Board Chair Mike Sweeney: Director Service Carries ‘An Incredible Fiduciary Responsibility’

In an exclusive Anthem interview, BECU board Chairman Mike Sweeney says the credit union’s decision this week to compensate its directors and Audit Committee members is a “recognition of the considerable time and effort our officials give” to safeguarding members’ assets and ensuring the future strategic direction of the credit union.

BECU Announces Plan to Pay Stipends to Officials

BECU, the nation’s fourth-largest credit union, has informed members of its intent to begin offering stipends to directors and Audit Committee members in 2014. Annual stipends will range from $14,000 to $25,000, depending on position and committee service.

Credit Union Members, Staff and Directors Asked to Tell Congress, “Don’t Tax My Credit Union”

Main Street members are being called to advocate for credit unions’ tax status as Congress examines all exemptions with the “blank sheet of paper” approach. A new website,, offers resources.