Board of Directors

Setting the Course for the Credit Union

Seven members elected by the membership to the Board of Directors are tasked with ensuring the Executive Management Team upholds the Credit Union’s member-focused mission statement. This rarely requires direct involvement in the day-to-day operations, since that job falls to the Credit Union President and staff. Generally speaking, the Board’s job is to set course for the credit union, making sure it is operated in a sound and prudent manner and that all decisions are guided by the best interests of the members.

WCCU’s voluntary Board of Directors will:

  • Develop WCCU’s long-term goals and strategic plan
  • Make sure the credit union maintains its sound financial condition
  • Keep communication open to educate members on services
  • Report to the members at the annual meeting
  • Approve interest rates, dividends, and refunds, or approve policies to guide management in doing so
  • Develop personnel policies, or make sure they are developed, and then approve them for all credit union programs and activities
  • Make sure new products and services are developed as needed
  • Approve the credit union budget