Be a Member. Not a Number.
As a not-for-profit financial cooperative, American United Federal Credit Union is governed by a board of directors, elected by and from the credit union’s membership. Board members serve voluntarily. The Supervisory Committee is comprised of volunteer members as well and is responsible for ensuring that the Credit Union’s Board of Directors management establish practices and procedures to properly safeguard members’ assets. Learn more about each below, along with how to apply.
Board of Directors
The Board of Directors governs through exercising both its formal authority (i.e., to select the CEO) as well as its informal authority of influence and persuasion (i.e. to help shape the strategic goals of the credit union). The Board traditionally delegates the authority to carry out the operations and management of the company to the CEO and should actively support – as well as hold accountable – the CEO in carrying out the credit union’s collective vision, mission and strategic goals. Board members serve voluntarily. Responsibilities include attending monthly meetings, strategic planning sessions, volunteer conferences and exercising American United’s fiduciary duty to our members.
Board Applications accepted October 15th through December 15th.
Apply at the bottom of this webpage, or download the application below.
Supervisory Committee
Our Supervisory Committee, also made up of volunteers, is appointed by the Board of Directors and consists of 3-5 of our members, one of whom may be a director (other than the compensated officer of the Board). This Committee ensures that financial statements are accurate and fairly represent the financial condition of the Credit Union to its members. Responsibilities also include supervising financial audits, safeguarding members’ assets, evaluating elected officials and more.
Supervisory Committee
Apply at the bottom of this webpage, or download the application below.
Nomination by Petition
*Following the end date for accepting board applications, the Board of Directors may open up nominations by petition. In order to be nominated for the Board of Directors, you must get 1% of American United FCU membership to sign a petition (sample below). All petitions must be fully signed and turned in by February 1st, along with a complete Board of Directors Application (above) and resume.
Nominations to the Board by Petition accepted December 15th through February 1st.
Apply at the bottom of this webpage and download the petition below. There are 2 Board positions up for election. Each has a three-year term.
