Get more involved with your credit union. Learn how!
Why 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.
Resource One is here today because seven people had a vision and banded together with one purpose in mind; to serve their fellow Sears employees.
Credit Unions are not-for-profit cooperatives owned by their members, with a Board of Directors who oversee the operations – not a highly paid group of outside stockholders. This unique philosophy is what sets your credit union apart from other financial institutions and without a volunteer Board of Directors, we would not be able to provide low-cost services.
Resource One’s Board of Directors and Committee Members represent the interests of you, our member-owners, and work with the management team to improve your financial quality of life.
If you would like to be more involved with your credit union and have a strong desire to help Resource One Credit Union continue to grow and succeed, we encourage you to apply for a position on a Committee or on the Board of Directors.
Who Is Eligible To Become A Credit Union Volunteer?
Each year the Board will appoint a nominating committee that will review a list of nominees for the office of Director or committee member and select the individual(s) who possess the skills and experience necessary for this position.
In order to be selected, candidates must:
- have received at least a high school diploma;
- be a member in good standing with the credit union;
- not have been convicted of any criminal offense involving dishonesty or breach of trust;
- be willing to agree to a criminal background check and a credit check;
- not be an employee of the Credit Union or any subsidiary during the past twelve months;
- be 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.
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. Every year each director is required to complete compliance training
- 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.
- Committee members are appointed to an annual term and may apply for re-appointment. It is recommended that committee members serve at least 2 years on a committee prior to running for a board appointment.
- Committee 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 committee member is required to complete compliance training.
- The primary responsibility of a committee member is to safeguard the members’ financial assets and to meet our members’ needs in terms of products and services. Committee members assist in the development of strategic plans for management and staff to follow. Committee members set policy in such areas as: lending, collections, and investments as well as long-term goals.
How to Become a Volunteer
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 good fit to become a volunteer board director or committee member.