Bookmark and Share
Interact Via Chat
Interact Via Chat

Corporate Governance - Democratic Member Control

As members of a financial cooperative, Interra Credit Union members have a direct voice in the democratic control process by electing the board of directors and the supervisory committee.  
    
Also, the “one member, one vote” principle applies.  That means that, as a member, no matter how much money you have deposited at the credit union or how much you have borrowed, you are entitled to one vote in the election process. (A member is the first-named person on the account.  There may be joint owners, but only one member.)
 

Board of Directors

At Interra, seven members serve on the board of directors, each elected for three-year terms. The board of directors, the governing body of the credit union, meets monthly to review the credit union operations, establish policy, and set direction.  
 

Steve Warner
Goshen
 
Chairman of the Board
 
Board member since 1989


Richard Snider
New Paris
 
Vice Chairman
 
Board member since 1985


Kathy Brewton
Goshen
 
Secretary-Treasurer
 
Board member since 1999


Linda Garber
Middlebury
 
Assistant Secretary-Treasurer 

Board member since 1998





Elroy Miller

Millersburg

Board member since 1990

David Myers
Goshen
 
Board member since 2007
Loren Eash
Goshen
 
Board member since 2008


























































 

 

 

 

 

 

 

 

 

Supervisory Committee

Three volunteers serve on the supervisory committee, each also elected for three-year terms. The committee’s responsibilities include selecting the audit firm to perform periodic internal audits, to conduct an annual audit, and the biennial audit of each member’s account.  In addition, they are responsible to supervise the acts of the board of directors, loan committee and officers. 



Darin Short

Goshen

Chairman

Committee member since 2003


Crystal Hooley

Goshen

Committee member since 2004
 

Tony Miller

Goshen

Committee member since 2006
 

 










 

 

 

 

 



 




 

 

Board and supervisory committee members serve on a voluntary basis. They are committed to upholding the credit union’s principles and acting in the best interests of Interra members.  After all, they are members, too. Because they live and work in the communities served by the credit union, they are able to offer a truly local perspective and local control.  

Top of Page
Verisign SSL CertificateFind a surcharge-free ATMEqual Housing LenderFind a Shared BranchBecome a Fan!Home & Family Finance Center
American Share InsuranceEach account insured up to $250,000 by American Share Insurance. By members' choice, this institution is not federally insured. Learn more about American Share Insurance.