Involvement/Governance

LGFCU aims to maintain credit union democratic principles, including demographic representation and volunteer participation in credit union activities.

Current Programs that support Involvement/Governance:

Statewide Advisory Councils
More than 120 statewide credit union volunteers are appointed by the board of directors to serve in a sounding board capacity. The volunteers are organized into 15 Regional Advisory Councils that allow meeting attendance, as well as representation in the geographic areas

Open Annual Meetings
Annual Meetings are well publicized and all members are encouraged to attend. The meeting is conducted in an open format where members are expected to participate, ask questions and provide feedback to the board and management

Board and Committee Attendance Standards
Board and Committee attendance is held to the highest standards and exceeds all governance requirements

Volunteer Training
LGFCU encourages, facilitates and supports credit union education, financial training and national-level government affairs conference attendance for all board members; new board members are requested to complete the Volunteer Achievement Program

Staff Training
Staff is fully encouraged and supported in continuing education in specialized fields of study/training

Staff Tuition Reimbursement
Staff members are reimbursed up to $3,000 for studies in accredited educational programs relating to their professional role; one-time bonuses are also awarded for achieving degrees, certifications or accreditations

Daily News Updates
Credit Union, financial and member-associated news sent electronically each morning to all staff