About our board and how to run for election

What does a Board Member do?
Board members are responsible for setting policies, approving budgets, and helping to direct strategic planning. They evaluate operations and maintain financial performance standards for the credit union. They are also responsible for appointing the credit union's President/CEO, who reports directly to the Board. Board positions are voluntary and unpaid; however expenses related to Board business are paid for by the credit union.

Who can be a board member?
Candidates must be:

·         members in good standing with the credit union who are eligible to vote in credit union elections and at membership meetings;

·         willing to agree to a criminal background check and a credit check;

·         willing to agree to the credit union’s code of ethics policy;

·         bondable;

·         be 21 years of age or older

How long does each Board Member serve?
Terms are for three years. Board members typically devote a minimum of approximately 6 – 8 hours per month to credit union business, including attending monthly Board meetings at our headquarters in Brookfield. Additional time may be spent gathering information and training. Courses of study are available to Board members to help them learn more about the operation of a financial institution.

What are the benefits of being a Board Member?
You’ll be a representative voice for your fellow members, and have a direct say in the overall direction of the credit union. You gain knowledge and experience about the running of a financial institution, strategic planning, and about the credit union movement. Board members may also attend conferences and seminars on credit union topics in various locations throughout the country. It is a great way to become part of a unique organization that affects the financial lives of thousands of members.

How can I apply to become a Board Member?
You must provide the following:

·         A résumé

·         A letter of interest

·         Three personal references 

Mail your résumé, letter of interest, and personal references to:

ATTN:   Governance Committee
Enterprise Credit Union

15850 West Bluemound Road 

Brookfield, WI  53005

262-797-6260 X124