How to Become a VolunteerResource One's Board of Directors represents the interests of you, our member-owners, and works with the management team to improve your financial quality of life.
How to Become a Volunteer
“Never doubt that a small group of committed people can change the world. Indeed, it is the only thing that ever has.” – Margaret Mead
Cooperatives around the world operate according to the same core principles and values and credit unions are no different. Cooperatives are democratic organizations controlled by their members—those who buy the goods or use the services of the cooperative—who actively participate in setting policies and making decisions.
Resource One is here today because seven people had a vision and banned together with one purpose in mind; to serve their fellow Sears employees. The credit union was founded and operated solely on the support of volunteers. As the credit union grew, a management team and paid employees became necessary, but Resource One still has a volunteer board.
Who Is Eligible To Become A Credit Union Volunteer?
Each year the Board will appoint a nominating committee who will review a list of nominees for the office of Director and select the individual(s) who possess the skills and experience necessary for this position.
In order to be selected, candidates must be:
- received at least a high school diploma;
- members in good standing with the credit union;
- not convicted of any criminal offense involving dishonesty or breach of trust;
- willing to agree to a criminal background check and a credit check;
- not an employee of the Credit Union or any subsidiary during the past twelve months;
- 21 years of age or older
There can be minimal traveling involved while conducting credit union business. The Board has authorized reimbursement on such items as: hotel, meals, mileage, and other travel related expenses to those participants. Aside from those reimbursements, our Directors are truly volunteers.
What Responsibilities Would I Have?
- Directors are elected to a three (3) year term and may run for re-election. It is not recommended that directors serve more than four consecutive three-year terms (12 years).
- The primary meeting of the Board of Directors is once per month. The meeting is held in the evening at 5:00 p.m. and may take up to two hours. There are times when special meetings are necessary and may be called during the day or evening.
- Directors are required to attend an annual strategic planning session. These sessions are one or two days and may require an overnight stay.
- Director meetings must be given a high priority. Critical information is shared at each meeting and only through attendance can you expect to make knowledgeable decisions for the credit union.
- The credit union stresses the importance and relevance of education to our volunteers. Every year each director is provided with several opportunities to attend educational forums. These opportunities, however, may require some overnight travel.
- The primary responsibility of a Director is to safeguard the members’ financial assets and to meet our members’ needs in terms of products and services. Directors develop a road map of strategic plans for management and staff to follow. Directors set policy in such areas as: lending, collections, and investments as well as long-term goals.
Thank you for your interest in becoming a volunteer serving Dallas and Northwest Harris Counties.
Please, take the next step and complete our volunteer survey to see if you are a fit for to become a volunteer board of director.