Have you ever wondered what it would be like to help run a business with over $450 million in assets and over 50,000 members?
Do you want to help others meet their financial goals?
Are you interested in helping to set the future direction of a dynamic, growing organization?
Become a UKFCU Volunteer!
UKFCU volunteers do that – and so much more!
As a member-owned financial cooperative, UKFCU relies on member volunteers to serve on its Board of Directors, serve as Associate Board Members, and serve on the Supervisory Committee. Volunteers ensure financial soundness and guide strategic and policy decisions in a wide variety of areas including branch deployment, member services (online banking, loans, savings), product development, and marketing.
By becoming a UKFCU volunteer, you can help your credit union continue to grow and respond to member needs. Volunteering also provides an exciting opportunity to learn, develop business and leadership skills, and network with others. UKFCU volunteers are an integral part of UKFCU’s success!
How UKFCU Volunteers Serve
Volunteers come together for the sole purpose of representing the best interests of UKFCU’s members and are the cornerstone of what makes a credit union unique. Our volunteers enrich the lives of all the members they represent, and enhance their own leadership, management, governance, and financial skills.
Board of Directors: Board members are elected for three year terms of office by UKFCU’s membership on an annual basis. They set future strategy, develop policies, oversee UKFCU’s financial security, review the CEO’s progress in achieving goals and objectives, represent the interests of the entire membership, and report to the members at the annual meeting. In addition to attending monthly board meetings, directors actively engage in strategic planning, serve on committees and tasks forces, and receive training and education on issues important to the credit union and its members.
Associate Director Program: Associate Board members are appointed for a one year term by the UKFCU Board of Directors each year. This non-voting position provides an opportunity for interested members to learn about the board process and gain an educational background on the internal policies and procedures of UKFCU. Associate Directors attend monthly board meetings, participate in strategic planning, participate in special projects, and receive training and education on issues important to the credit union and its members.
Supervisory Committee: Appointed by the Board of Directors for a three year term, the Supervisory Committee verifies the credit unions records, monitors financial controls and procedures, and works with UKFCU’s internal and external audit firms. Committee members normally meet on a monthly basis and receive training and education on issues important to their purpose, the credit union, and its members.
How You Can Become a Volunteer of UKFCU
Volunteers are very important to UKFCU’s success. For this reason, we ask applicants to meet all of the following important qualifications:
- Must be a member in good standing with UKFCU
- Must be a member for a minimum of 6 months for Associate Board Member or Supervisory Committee consideration
- Must be a member for a minimum of 3 years for Board Member consideration
- At least 21 years of age and bondable
- Ability and willingness to meet the following time and effort commitments
- Attend regular monthly meetings
- Devote six to eight hours per month in preparation and meeting attendance time
- Commit twelve to eighteen hours to the annual strategic planning session (Directors and Associate Directors)
- Attend occasional special meetings as needed
- Participate on a committee, task force, or assist with special projects
- Participate in development and training by way of training conference, webinars, local meetings, etc.
- Complete the Volunteer Achievement Program (VAP) education course within the first six months after election or appointment
- Willing to attend planning sessions and training programs (paid by UKFCU)
- Must be able to work as a team member
- Possess understanding of financial statements and accounting practices
- Understanding of and interest in meeting the needs of members
- Must not be a former employee of UKFCU, not a relative or family member of or in a significant relationship with a UKFCU employee, Director, or Supervisory Committee member
- Must not be a former Director of UKFCU with 12 or more years or service
- Must not serve on the board of another financial institution, or hold a position with an organization that would be deemed as a conflict of interest