FOR IMMEDIATE RELEASE
May 1, 2014 – 1st Financial Federal Credit Union members assembled to elect two Board Members at the 2014 46th Annual Meeting in Wentzville, MO.
On Tuesday, April 22nd, members gathered at the Wentzville Parkway location for 1st Financial’s 46th Annual Meeting. After the attendees had a chance to visit with famous St. Louis mascot FredBirdÂ® and eat a complimentary meal, Chairperson to the Board of Directors Jim Combs held a vote for the two open board seats. James Setzekorn and Gina Hackeneworth were elected by acclamation.
James A. “Bo” Setzekorn has been a member of 1st Financial Federal Credit Union for the past 30 years and a board member for the last 4 years. Mr. Setzekorn has a Bachelor’s of Science in Finance from UMSL and has worked with Boeing for 33 years.
Gina Hackeneworth has been a member of the Credit Union for over 3 years. An employee of Laclede Gas, Ms. Hackeneworth previously served as a member of the Supervisory Committee and was appointed to fill out the remaining term of a retiring board member in December of 2013.
The Board of Directors and Supervisory Committee are populated entirely by volunteers who offer up their passion and ability for this institution. These members are charged with forming policies for the credit union and ensuring that 1st Financial continues to work towards their core purpose of “Helping people achieve their financial dreams”.
“Our board members are amazing people,” said Michelle Rosner, Vice President of Sales and Marketing at 1st Financial. “We have had the opportunity to work with them for a while and their zeal for helping people inspires me daily.”
She went on to say, “the board is the guiding light which helps decide the direction we want to go. The great thing about having a board comprised entirely of volunteers is the personal investment they make in shaping the future of the credit union.”
Being democratically controlled by a volunteer group of members is one of many differentiators between traditional banks and credit unions. These volunteers are voted into office by fellow members, allowing for every member to have a voice and equal opportunity for participation in setting policies and making decisions.
For more information on 1st Financial Federal Credit Union and the credit union difference, please visit www.TheBetterWayToBank.org or call (636) 916-8300.
About 1st Financial Federal Credit Union
Like all credit unions, 1st Financial is a member-owned, financial cooperative. 1st Financial Federal Credit Union was chartered on September 3, 1968 as District 837 Credit Union by the International Association of Machinist members employed by McDonnell Douglas. Today, with over 30,000 members and nearly $200 million in assets, 1st Financial is a St. Louis metro area financial institution dedicated to helping members achieve their financial dreams. For over 45 years 1st Financial has provided members with a full line of dependable financial products and services which returns profits to the members in the form of lower rates on loans and higher savings yields. The cooperative nature of credit unions enables 1st Financial to provide products and services at very reasonable rates.
1st Financial Federal Credit Union serves those who live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri and a wide array of companies throughout the St. Louis metropolitan area. 1st Financial is a member-owned, not-for-profit financial organization committed to providing quality services to the membership while demonstrating safe and sound business practices. Deposits are federally insured by the National Credit Union Administration (NCUA), an agency of the U.S. Government.
Not a credit union member? If you live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri, you can open an account today.