Please read:
"Standards of Professional Conduct" policy for any potential conflicts of interest.

Board Functions:
Administer the Credit Union. Constitute and continue the legal entity by attending to the legal requirements for the conducting of Credit Union business. Define the Credit Union’s purpose by establishing a clear mission statement. Determine policies and governing principles, procedural matters, and provide operational framework.
Plan and budget Credit Union programs. Define specific needs to address and identify populations to serve. Establish goals and objectives consistent with the Credit Union’s purpose which address identified needs. Develop a realistic budget which assigns financial resources to support operational plan. |More

Adopt the operational plan and approve the budget annually. Evaluate Credit Union effectiveness. Monitor and evaluate the accomplishments of the operational plan. Determine if the Credit Union achieves its purpose. Respond to new opportunities and unanticipated needs. Evaluate the effectiveness of volunteer leadership. Is the Board leading or following staff? Retain and evaluate top management. Hire president. Establish compensation and conditions of employment of the president. Evaluate president’s performance on a regular basis. Practice financial stewardship. Develop financial resources. Set standards and conditions for all funds solicited in the Credit Union’s name. Exercise fiduciary care of the funds entrusted to the Credit Union. Engage in sound long-range financial planning. Back|

Qualifications:

• Must be 21 years of age or older.
• Must be a Bull’s Eye member in good standing, for a minimum of six months.
• Must not be an employee of Bull’s Eye Credit Union.
• Must not have a familiar relationship with any Bull’s Eye Credit Union employee.
• Must not be employed by a competing financial organization.
• Must be bondable.

Requirements and Tme Committment:
Must attend weekly and monthly meetings as assigned, including the following:

• Regular monthly board meeting, three hours/month. Fourth Monday of each month from 5:00 – 8:00 p.m.
  
• Regular committee meetings, two hours/month. Committees normally meet from 6:00 – 7:00 a.m. but time is subject to the committee members. Committees consist of board members as well as Bull’s Eye Credit Union management. Usually serves on two committees.
  
• Bull’s Eye Credit Union Annual meeting, two hours. Held in May on a Saturday evening.
  
• Annual Bull’s Eye Credit Union Planning Seminar. Held on a weekend in Fall.
  
• Attend Annual Credit Union League Convention. Held in May. | More

• Attend monthly Credit Union Chapter meetings, two per year required.
  
• VAP (Volunteer Achievement Program) complete six core modules.
  
  
  

No: 25-400
Page: 1
Review Date: 03/04/04
Approved Date: 06/22/98
Issue No: 3
Supersedes: 01/26/98

Conflict Of Interest – Board/Staff

I. "A conflict of interest occurs when an individual or members of our immediate family obtain a benefit not available to all credit union members. |more

 

 

 

 

 

 

 

 

 

 

 

 

Any activity, investment, interest or association that interferes or might appear to interfere with our independent judgment in carrying out an assigned job responsibility is a conflict of interest".

II. It is the policy of this credit union to avoid conflict of interest, preserve and maintain harmonious and well defined authority and responsibility among the board, management and staff. In furtherance of this of this objective:
Employees of the credit union will not be eligible to serve on the board.

No member of the board will become an employee of the credit union within six months after leaving the board.
III. Directors, officers, management personnel and staff are expected to refrain from activities which might prejudice their independent judgment or that would be detrimental in working for the best interest of the credit union. back| More

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IV. Other Employment: Directors, officers, management personnel and staff may not be employed in any capacity by a regular credit union vendor, or other financial businesses offering financial service.

Board Director applications will be available here or at any BECU locations on January 1, 2009.

Please fill out the "Application for Board of Director's", your letter of qualifications and reasons for running prior to January 31, 2009.

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BECU Board of Director applications will be available here or at any BECU location on January 1, 2009.

• Board Informational Sheet
• Application for Board of Directors
• What is Credit Union
• History of Credit Union
• Hours & Locations