FCCU Member-Owners Invited to 82nd Annual Meeting on June 21
FORT ATKINSON, WI – Fort Community Credit Union (FCCU) invites its member-owners to their 82nd Annual Meeting on Tuesday, June 21 at 4:00 pm at the FCCU Home Mortgage Store, 732 Madison Ave, Fort Atkinson. FCCU Members can participate in-person or view the meeting virtually on the FCCU Facebook page.
FCCU is a not-for-profit financial cooperative that is ran by an elected, volunteer board of directors. A credit union’s annual meeting is a key point in the year for members to learn about its financial standing, performance, and strategic direction, as well as participate in the election of new board members. These board members serve a 3-year term to ensure that the credit union’s practices, policies, and vision match the interests of its member-owners.
Each FCCU accountholder is considered a member-owner, allowing them to have a say in how the credit union operates. Each member-owner is given one vote, regardless of how much they have on deposit, to elect board members to serve their interests. This structure directly contrasts for-profit financial institutions whose business decisions are made by a board of directors that serve the interests of shareholders.
“It’s amazing to reflect on our credit union’s founding, and how a handful of coworkers pooled their paychecks together to improve each other’s financial wellbeing. It’s true testament of the credit union mantra, ‘people helping people,” said Sue Johnson, President and CEO of FCCU. “While we have seen significant growth in the last 82 years, our dedication to people, our members and communities, has remained unchanged.