Board members elected at CU*Answers’ annual stockholders meeting
GRAND RAPIDS, MI (June 27, 2023) — CU*Answers, a 100% credit union-owned cooperative, announced today that two credit union CEOs were chosen by their peers to serve a three-year term on the CUSO’s board of directors, during elections held at the 2023 Annual Stockholders meeting held on Wednesday, June 21, 2023. Incumbents Vickie Schmitzer, CEO of Frankenmuth Credit Union in Frankenmuth, Michigan, and Dean Wilson, CEO of FOCUS CU in Wauwatosa, Wisconsin, will both serve another a three-year term on the CU*Answers Board of Directors beginning this October.
This year’s election was a lively one, with five candidates vying for the two available seats. The event also saw a record crowd of 105 participants, representing 72 of the CUSO’s 150 owners. Nominating Committee Chair Scott McFarland, CEO of Honor CU in St. Joseph, Michigan, said, “A contested election like this is a great sign of a healthy cooperative” and thanked all of the candidates for their participation.
CU*Answers Board Chair Linda Bodie also reported during the meeting that over the past year the CUSO welcomed 8 new owners from 7 states across the country.
About CU*Answers
CU*Answers offers expertise in implementing technical solutions to operational needs, and is a leader in helping credit unions form strategic alliances and partnerships. CU*Answers provides a wide variety of services for credit unions including its flagship CU*BASE® processing system (online and in-house) and Internet development services featuring It’s Me 247 online and mobile banking. Additional services include web development, network design and security, and image check processing. Founded in 1970, CU*Answers is a 100% credit union-owned cooperative CUSO providing services to credit unions representing over 2 million members and $26 billion in credit union assets. For more information, visit www.cuanswers.com.
