WASHINGTON—Two members of CUNA’s board have announced their resignation from the trade association’s board of directors.
Leaving the board are Teresa Freeborn, CEO of Exceed Financial FCU, which is in the process of merging with Kinecta FCU. Freeborn was also recently named to chair the Global Women’s Leadership network. Freeborn holds a District 6, Class B board seat. Also departing is Paul Marsh, CEO of Teachers CU in South Bend, Ind., who is a Class C, at-large director.
CUNA said its board of directors voted to hold a special election to fill each position. The District 6, Class B position will expire at the adjournment of CUNA’s Annual General Meeting (AGM) in 2023; the Class C position will expire at the adjournment of the 2024 AGM, CUNA explained.
The Details
All nominations and seconds must be submitted by 5 p.m. (ET) April 22. For more information and to obtain appropriate nomination forms, click here.
“Credit unions in District 6, Class B and Class C (elected at-large nationwide) are encouraged to nominate qualified individuals to assume these important duties and responsibilities,” CUNA said. “If more than one candidate is nominated in either category, a special election will be held by electronic ballot, with voting from April 26 to May 13. If only one candidate is nominated in either category, that individual will be elected by acclamation.”
- District 6 is comprised of the following: Alaska, California, Hawaii, Idaho, Nevada, Oregon, Washington, American Samoa, Guam, Johnston Atoll, Midway Atoll, Northern Mariana Islands, Palmyra Atoll and Wake Atoll.
- Class B credit unions are those having at least 38,000 but not more than 141,000 natural person members.
- Class C credit unions are those having at least 141,000 natural person members; elections are held at-large nationwide.