The elected members of our Wasatch Peaks Credit Union Board of Directors are instrumental to the continued success of Wasatch Peaks. Each of the ten members of the Board are respected members of our community and lead our employees to exceed expectations.
Each year, Wasatch Peaks hosts an election for our Board of Directors. This is a democratic process to ensure that our members have a say in the leadership of our credit union. First, there is a call for nominations where those interested in service can submit their resume and a photo. This is followed by the election where each member can vote for one of the nominees – one vote per member. Votes can be completed by mail, electronically on our website, and in person at a Wasatch Peaks branch. Once the election period is complete, votes are tallied up and our new leaders are announced at our annual Wasatch Peaks Annual Meeting.
Being a member of a credit union has many benefits, many of which are directly related to our Board. In contrast to a bank where the board of directors are paid, these are unpaid volunteer positions at our credit union. Rather than being profit driven and catering to shareholders, we can put our members first by providing a variety of products, great interest rates, and options to help improve the financial wellbeing of our members.
We are grateful to each of our volunteer officials for their service and leadership through the unanticipated trials and exceptional successes of our credit union.