Posted by Jeremy Wascak
November 01, 2021
Nominations open from November 1 - 30 2021
The most important aspect about our financial institution is that YOU own your credit union. A financial cooperative means that the organization is owned by its Members and governed by a volunteer Board of Directors comprised entirely of Towpath Credit Union Members.
Credit unions are the only democratically controlled financial institutions in the United States. The Board of Directors is elected by Member vote. Every Member gets one vote, regardless of the funds in their account. The credit union President / CEO reports to the Board of Directors, ensuring every decision is made with the Members in mind.
Ready to serve your Credit Union on the Board of Directors?
Towpath Credit Union, as a not-for-profit financial cooperative is governed by a volunteer Board of Directors. The Board is comprised of Members in good standing who have belonged for at least one year. The Board meets monthly and is responsible for maintaining the general direction of the credit union. This includes guiding the credit union to fulfill its purpose and approving policies. A Member of the Board of Directors acts as an ambassador for Towpath Credit Union.
Interested in submitting your nomination? Get in touch!