PLANO, Texas (4/16/13)--Catalyst Corporate FCU in Plano, Texas, outlined its new business plan in 2011 and quickly attained its preliminary goals, President/CEO Kathy Garner told attendees at the corporate's second annual meeting April 9 in San Diego.
Garner cited examples in her review of the corporate's 2012 activities and financial performance:
Deepening member relationships and establishing more meaningful member feedback had been a goal since Garner became CEO in March 2012, she noted. To accomplish that goal, Garner and her management team attended credit union events and met with the Catalyst Councils--three regional groups founded to channel member feedback into Catalyst Corporate's planning efforts--and by conducting member surveys, she said.
Catalyst Corporate also committed to transparency in 2012, Garner said. The organization published financial results throughout the year and a "score card" that charted its progress toward achieving its business plan goals. In late 2012, the corporate fine-tuned the information available in the Due Diligence section of its website and rolled it into one comprehensive Due Diligence Report, which is now updated and published quarterly.
Catalyst members elected to three-year terms on its board of directors were:
Trevor Tokishi, Valley Isle Community FCU, Kahului, Hawaii, was elected to a one-year board term.