The volunteer Board of Directors is made of members, like you, who help provide strategic direction to the credit union.
Who can be a board member?
Any adult member of Heritage Grove Federal Credit Union in good standing with the credit union may volunteer to run for election to the board of directors. Board terms last three years; two or three of the seven seats come up for election each year.
Directors must be members in good standing of the credit union; be at least 18 years of age; be willing to agree to a criminal background check and a credit check; and be bondable.
Candidates should possess personal qualities that enable them to serve the credit union honestly, fairly, unselfishly and be able to act for the good of all credit union members. Candidates should be interested in the credit union and be able to give their own time and skills to the affairs of the Credit Union. They must have the ability to understand, be able to think for themself and work well as a member of a committee and team.
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. The board of director’s position is voluntary and unpaid; however expenses related to board business are paid for by the credit union.
How long does each Board Member serve?
Terms are for three years. Board members typically devote a minimum of approximately 4 to 6 hours per month to credit union business, including attending monthly board meetings, attending sub-committee meetings, training, and/or working on initiatives or projects.
What are the benefits of being a Board Member?
You will represent credit union members and have a direct say in the overall strategic direction of the credit union. You will gain knowledge and experience regarding financial institution operations, strategic planning, and about the credit union movement. It is a great way to become part of a unique organization that affects the financial lives of thousands of members.
What are the time requirements of a Board Member?
You will attend a monthly board meeting the third Thursday of each month starting at 5:45 p.m. Board meetings last two to three hours, depending on the agenda. Board Members serve on sub-committees which meet monthly usually during lunch. In addition, Board Members attend a strategic planning session in the fall (Friday through Sunday morning).
How do I become a candidate?
If you would like to run for a position on the credit union’s board of directors, go to OurGroveCU.com, click on About, Board of Directors and complete the board application by December 10, 2021.
Leading by Example
We are very fortunate to have a talented and diverse group of volunteers who serve on our Board of Directors. The people listed below provide hours of service annually to the credit union and our members to make sure that we continue to operate in a sound and fiscally responsible manner.
Our current board members include:
Mike Staten has been a Heritage Grove member for over 36 years. He has served on the Board of Directors and/or the Supervisory Committee since 2006 and recently retired from the State of Oregon, after working there for over 43 years.
Shelley Sneed was elected to Heritage Grove's Board of Directors in 2016. She works full time as the Executive Director of the Oregon Board of Optometry and owns two businesses.
Judith Haynes has been a member of Heritage Grove since 2008. She has been a board member since 2015. She is a retired educator and owns an online training business.
Scott Shearer has been a member of Heritage Grove since early 2012 and was elected to the Heritage Grove Board of Directors in 2014. He works as a Senior Compliance Specialist for the Oregon Public Utility Commission.
Steve Forrey has been a Heritage Grove member for nearly four decades. He has served on the Board of Directors and/or the Supervisory Committee since 2005.
Deanna Rios has been a member of Heritage Grove since 2015. She has worked for the State of Oregon since 1999 as a Lead Worker/Senior Compliance Specialist for a utility regulation agency. Deanna and her daughter live in Salem with their two house rabbits.
Dan Hepler has been a Heritage Grove member for over 46 years. He joined the Board of Directors in March 2021 and retired from the State of Oregon, after working there for over 31 years. Dan was part of the first Heritage Grove online banking test group.
Staying accountable through leadership
We’re also served by a Supervisory Committee that is responsible for a number of functions at the credit union, including conducting the annual audit, resolving member disputes and reviewing the credit union’s financials and records.
Our supervisory committee members are:
- Mark Banick
- David O’Neill
- Nancy Curtis