Board of Directors

At Ideal Credit Union, our Board of Directors is made up of dedicated community members who share a passion for service and a commitment to our members

Ideal Credit Union is member-owned and governed by volunteers, in various roles. We seek members like you, who are passionate about the credit union industry and want to be a part of Ideal CU’s ongoing growth and commitment to member service.

Volunteering for the Board of Directors, Supervisory Committee and Advisory Boards allows the opportunity to influence credit union decisions and helps to further skills and professional development.

The Board is the ultimate legal authority within the governance structure of the Credit Union, but it can only act through the majority consensus of its individual Board members, who are charged with making decisions as fiduciaries in the best interests of the Credit Union and its Members.

Duties & Responsibilities

The Credit Union’s Board members are expected to uphold the highest duty under the law, that of a fiduciary, and to act at all times in the best interests of the Credit Union. Through individual adherence to the role and responsibilities in this Policy, Board members will help to foster a well-governed credit union and a highly effective Board.

• Attend Monthly Board Meetings: These required meetings are typically held at 5:00 pm on the fourth Wednesday of every month.
• Ask Good Questions and Participate in Debate: Prepare for meetings and participate in discussions that lead to strategic decisions, bringing your expertise and experience to the discussion.
• Annual Board Compliance Training: Typically consists of various online learning modules, totaling approximately three hours of time.
• Bi-Annual Board Strategic Planning Retreat: Meet offsite for two days to discuss and approve the CU's strategic plan.
• Confidentiality: Maintaining confidentiality is a priority and necessity in guiding the direction of the organization.