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News Archive

Nominations due for spots on League Board, Unity Fund committee

 

Nominations are due soon for several League leadership positions, including four positions on The League’s Board of Directors and one position on the Unity Fund Committee.

 

Nominations are due for those interested in running for positions on:

 

  • The League Board, by Feb. 15. Those interested in running for The League Board for Groups A (Less than $20 million in assets), B (20 million to $100 million in assets), C ($100 million to $500 million) and D (More than $500 million in assets), must return their nomination forms to The League by mail or fax. To be eligible, the person must be a Director, President, Senior Vice President or Executive Vice President of a League member credit union within the Group that person is to represent. All candidates must be nominated by the president or chair of their credit union and obtain seconding signatures by two other credit unions within the Group. Nomination forms can be obtained by contacting Karen Raether at (800) 242-0833, Ext. 6021.

 

  • Unity Fund Committee, by Feb 29. With the retirement of Charlie Grossklaus from Royal Credit Union, The League needs to fill the vacancy this has created on the Unity Fund Committee representing Class B credit unions (those with $100+ million in assets at the time the fund was established). Nominations from Class B credit unions must be returned to The League by mail or fax. The Unity Fund is a special defense fund that was established in 2003 to help The League finance a tax-related legislative battle or combat threats to impose unrelated business income taxes (UBIT) on Wisconsin credit unions. The Unity Fund Committee manages the Fund and makes all decisions relating to disbursements. Credit unions with $100 million or more in assets received a special mailing regarding the nomination and election process.

 

Questions? Contact Karen Raether at (800) 242-0833, Ext. 6021.


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