For the first time in more than a decade, Oregon’s seat on the FHLB Board of Directors will be occupied by a credit union representative. OnPoint’s Rob Stuart joins BECU’s Benson Porter on the board in January.
BECU’s Benson Porter was elected to the Federal Home Loan Bank of Seattle’s board of directors, it was announced today, becoming the first credit union professional to serve on the member-owned cooperative bank’s board.
The NWCUA is supporting BECU CEO Benson Porter as a candidate to become the first-ever credit union professional on the FHLB Seattle board of directors. Ballots were mailed to eligible credit unions Friday and must be returned by Nov. 13.
BECU announced this week that Benson Porter will succeed Gary Oakland as president and CEO. Porter most recently led the merger of First Tech and Addison Avenue federal credit unions in Oregon and California.