IM-K credit union to have annual meeting
KINGSFORD – The Iron Mountain-Kingsford Community Federal Credit Union will have its 70th annual membership meeting at 7 p.m. Saturday, March 17, in the Kingsford High School auditorium.
Officers and committees of the credit union will present members with reports and business items to be discussed. In addition, the agenda will include the 2017 financial results and election of directors.
Members will elect four representatives to the board. The directors will run for two-year terms. A three-member committee has been appointed to nominate the candidates: Larry Swartout as chairman, plus Ted Meagher and Trudy Deldin.
Any member wishing to have his or her name placed on the ballot can contact Swartout at 906-282-1150.
To qualify to be nominated for a director position, a candidate should possess these attributes:
— Leadership ability;
— General business experience;
— Knowledge of financial matters;
–Accounting or auditing experience;
— Public relations experience;
— Miscellaneous qualities, including experience in legal or regulatory compliance, technology, marketing or sales, and human resources;
— Directors must be able to be bonded and have a good credit history (a credit report will be obtained on each candidate);
— Must be between 18 and 75 years old.
In addition, a candidate must have been a member of the credit union for at least three months before the end of the fiscal year immediately preceding the annual meeting at which he or she wishes to be elected.
To avoid any conflict of interest, the candidate may not be related to, or be in a relationship with, any current employee or officer of the credit union that would violate the Credit Union’s conflict of interest and anti-fraternization policies.
The candidate also may not serve as a volunteer, officer and/or employee of other financial institutions.
Names must be placed before the committee by Feb. 9 to be on the ballot, but nominations will also be accepted from the floor during the meeting.