|
|||
![]() Board of Directors
Supervisory Committee Robert Conroy, Chairman Philosophy and Structure Credit Unions are democratically owned and controlled institutions based on 'people helping people' principles. A Credit union board of directors are elected by members; each member has an equal vote, regardless of how much he or she has on deposit. Only members may serve as directors, and directors serve without compensation. Credit unions also have no outside stockholders, so after reserves are set aside, earnings are returned to members in the form of higher dividends on savings, lower loan rates and lower cost services. |
![]() |
||