WICHITA, Kan., and ST. LOUIS (12/16/15)--The Heartland Credit Union Association (HCUA) has elected its inaugural board of directors. Last week, member credit unions in Kansas and Missouri electronically cast their votes.
HCUA, a consolidation of the Kansas Credit Union Association and Missouri Credit Union Association, will officially launch Jan. 1 with headquarters in Kansas City, Mo.
Each member credit union could cast two votes in two categories: one based on geography and one based on the asset size of the voting credit union. In total, each credit union could cast four votes.
Board members by geography and asset-size category are listed below:
Less than $50 million in assets:
$50 million to $250 million in assets:
More than than $250 million in assets:
Board members’ terms are staggered. Directors in the asset categories serve until the 2017 annual meeting. Those in the geographic categories serve until the 2018 annual meeting.
The newly elected board will meet Thursday for an organizational meeting, followed by a board meeting on Friday in Kansas City.