WARRENVILLE, Ill. — A handful of directors were re-elected to three-year terms during the Members United Corporate Federal Credit Union annual meeting.
Those re-elected include: DHCU Community CU President/CEO Terry R. Brahm, Navigant CU President/CEO Gary E. Furtado, Niagara County’s FCU President/CEO Nancy Kasprzak-Whitmore and Affinity Plus FCU President/CEO Kyle Markland.
In addition, the following board officers were elected to serve a one-year term: Affinity FCU President/CEO John T. Fenton, chair; Markland, vice chair; Montauk CU CEO Louis H. Jimenez, treasurer; and NorthStar CU President/CEO Lloyd M. Fredendall, secretary.
The remaining board members include Sunmark FCU President/CEO Bruce M. Beaudette, NorthEast Alliance FCU President/CEO Donald H. Briggs, St. Mary’s CU President/CEO John R. Caulfield, CU of New Jersey President/CEO Andrew L. Jaeger, DeKalb Financial CU CEO Ronald Linstromberg and Evansville Teachers FCU President/CEO Michael Phipps. Serving as an associate director is Heartland CU President/CEO Edward J. Gvazdinskas.
Members United Corporate Federal Credit Union has $13.8 billion in assets and provides wholesale investment, credit, payment and correspondent services to nearly 2,300 credit unions nationwide.
Burek, SDCU President/CEO, Elected
To Illinois League Executive Committee
EVERGREEN PARK, Ill. — Geraldine M. Burek, president/CEO of South Division Credit Union, has been elected to a two-year term as secretary/treasurer of the Illinois Credit Union League.
“From the beginning of the American credit union movement in the 1930′s, the strength of our members and the success of their credit unions have come from cooperation,” said Burek. “You don’t have to be big to be great.And you don’t have to rich to be smart. You just have to work together with common goals that serve the greatest good.”
Serving as SDCU president since 1987, she is credited with helping the credit union grow $6 million to $55 million in assets, and converting the credit union from only serving telephone company employees to a community charter. She was awarded Illinois’ credit union executive of the year in 2004, and has worked in both the industry and community throughout her career to promote the financial well being of the American family.
“What I’ve always liked about credit unions is the fact that we are not-for-profit, allowing us to think about how to financially improve family life instead of the company’s bottom line,” said Burek.”And I think more and more people are beginning to realize that the pursuit of wealth, as a monetary goal attained at the expense of others, is more harmful than good.”
As the league’s new treasurer, Burek vows to maintain the ideal of serving the greatest number for the greatest good.