2022 GICU Annual Meeting

2022 Annual Meeting

Join us in one of our branches to watch the live stream of our 2022 Annual Meeting Monday, February 20, 2023 starting at 4:30 PM, or watch the live broadcast from the comfort of your own home! Livestreaming details will be sent to all members via email a few days prior to the meeting itself.

Now is a great time to ensure we have your correct email on file! Please call us at (800) 296-9064 or update your information within online banking.

Annual Meeting Details:
Date: Monday, February 20, 2023
Time: 4:30 PM
Locations: All Greater Iowa Credit Union branches

What is an annual meeting?

The Greater Iowa Credit Union Annual Meeting is the cooperative’s gathering of the membership where the volunteer Board of Directors and the President/CEO present the previous year’s statement of condition and provide a brief overview of the strategic direction for the current year.  At the annual meeting, the Volunteer Board of Directors is elected to a term of three years to represent the membership as legal guardians of the credit union through the development of strategic direction, setting of policies, and approval of the operational budget.

Why is it important to vote?

All primary members who are at least 16 years of age are eligible to cast one vote for the election of the members of the volunteer Board of Directors. In developing the strategic direction, setting the policies, and approving the operational budget the Directors are guided by the recommendations from management, the wishes of the membership, the credit union promise, vision and philosophy, and the requirements of all pertinent laws and regulations. Casting your vote is your voice as a member-owner.

What happens at the meeting?

The official minutes from the previous year’s annual meeting are presented for approval. Meeting reports from various board committee chairs and the President/CEO are given for acceptance and approval. Old business, if any, is addressed. New business, if any, is brought before the membership. Member ballot votes have been counted and validated by Credit Union Executives Society (CUES) eVote prior to the announcement of the new Board of Directors before the meeting is adjourned.  All board members are sworn in for the new term year, which begins at the conclusion of the Annual meeting.