CU*NorthWest CUSO Fills Board Seats

CU*NorthWest, a 100% credit union-owned cooperative CUSO, announced today that three credit union CEOs were chosen by their peers to serve on the CUSO’s Board of Directors. Elections were held at the 2016 Annual Stockholders meeting on Wednesday, June 29, 2016. Incumbents Chuck Papenfus, CEO of Inland Valley FCU in Fontana, California, and JoAn Sanders, CEO of Cheney FCU in Cheney, Washington were elected to serve 3 year terms ending September 30, 2019. Newcomer Kevin Posey, CEO of Thinkwise CU in San Bernardino, California, was elected to complete the remaining term of an open seat ending September 30, 2018.

The election was contested and drew 90% voting participation from the owners. “The participation of our owners is critical to the success of our cooperative and I could not be more pleased to have a contested election and such an outstanding voter turnout,” said Greg Smith, CEO of CU*NorthWest.