CU*Answers, a 100% credit union-owned cooperative, announced today that two credit union CEOs were chosen by their peers to serve a three-year term on the CUSO’s board of directors, during elections held at the 2023 Annual Stockholders meeting held on Wednesday, June 21, 2023. Incumbents Vickie Schmitzer, CEO of Frankenmuth Credit Union in Frankenmuth, Michigan, and Dean Wilson, CEO of FOCUS CU in Wauwatosa, Wisconsin, will both serve another a three-year term on the CU*Answers Board of Directors beginning this October.

This year’s election was a lively one, with five candidates vying for the two available seats. The event also saw a record crowd of 105 participants, representing 72 of the CUSO’s 150 owners. Nominating Committee Chair Scott McFarland, CEO of Honor CU in St. Joseph, Michigan, said, “A contested election like this is a great sign of a healthy cooperative” and thanked all of the candidates for their participation.

CU*Answers Board Chair Linda Bodie also reported during the meeting that over the past year the CUSO welcomed 8 new owners from 7 states across the country.