WICHITA, Kan. (4/30/09)--The Kansas Credit Union Association (KCUA) installed four incumbent board members and two new board members, and presented its membership with a 10% dues rebate during its 74th Annual Business Meeting held Friday and Saturday in Topeka, Kan.
U.S. Rep Lynn Jenkins, (R-Kan.), addressed credit unions at the Kansas Credit Union Association annual business meeting held Friday and Saturday. (Photos provided by the Kansas Credit Union Association)
Before the start of the meeting, U.S. Rep. Lynn Jenkins, (R-Kan.) shared insight into the issues before the House Financial Services Committee and expressed her gratitude for the continued support of the credit union movement in Kansas and nationally. In light of the National Credit Union Administration’s recent action to conserve U.S. Central FCU and Western Corporate FCU (WesCorp), the KCUA board of directors presented the membership with a 10% dues rebate to help mitigate the financial impact to Kansas credit unions. “Although Kansas credit unions have seen increases in deposit and loan growth as consumers looked for a trusted financial partner, credit unions now face challenges arising from an economic crisis they did not create,” said K. Erich Schaefer, departing chairman of the KCUA board of directors. “We want to help support each Kansas credit union’s efforts to meet member needs during these trying times.” The following incumbents were re-elected to serve a two-year term on the KCUA board:
* Jim Holt, CEO, Mid American CU, Wichita; * Richard Montgomery, president, Farmway CU, Beloit; * Robert Reeves, board chairman, Kansas State University FCU, Manhattan; and * Jessica Stormann, business development manager, Kansas Super Chief CU, Topeka.
The association also installed two new directors during the annual business meeting:
* John Beverlin, CEO, CU of Johnson County, Lenexa; and * Don Napell, president, Farmers CU, Hays.
The board elected three people to serve on the executive committee:
* Chairman Larry Damm, manager of Cessna Employees CU, Wichita; * Vice-chairman Don Homan, volunteer for Frontier Community CU, Leavenworth; and * Secretary/Treasurer Erich Schaefer, president of Golden Plains CU, Garden City.