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Interra Credit Union March 2018 Newsletter

Annual Voting Begins March 12

The annual voting period for the members who represent you in helping charting the course for the future of lnterra Credit Union takes place this month. Three candidates for the board of directors and one for the supervisory committee are presented to the membership for approval.

To make it convenient and accessible for lnterra members, a two­ week voting period will begin Monday, March 12, and end Monday, March 26. Members will be given an opportunity to vote at the annual meeting on March 26 at 5:30 pm.

It's so easy to vote online or by phone.

  • To vote online, just go to the link at interracu.co m. Then, follow the prompts to learn about the candidates and cast your ballot.
  • Call the toll-free number, 888.968.7024 to vote by phone.

As a point of clarification, you may vote as many times as you want; however the vote that will count is the last ballot you cast.

The 86th Annual Meeting of lnterra Credit Union will be held Monday, March 26, at 5:30 pm at the main office in Goshen. It will consist of a short business session, focused on a review of the 2017 financial report, operations and election results.

Holiday Hours

Good Friday

All lnterra offices will close at noon in observance of Good Friday: CLOSED

Friday - March 30, 2018 - all offices close at 12 pm

We will open regular business hours on Saturday, March 31.

Check out lnterra's Certificate Specials

Make more money with certificate specials at Interra Credit Union, available in shorter and longer terms.  Earn even more with jumbo certificates ($100,000 minimum). Certificates provide a safe and secure way to save and grow your money.

To learn about current rates and terms, call lnterra, visit any office or go to interracu.com/rates.

lnterra Online Banking

Enhancements to your online banking experience will be coming next month, primarily to the look and feel. You will receive specific communications at that time.

Exciting News!

Android Pay

You asked for it. Android Pay will be available to lnterra members in April. Watch your e-mail, next month's newsletter and other communication for all the details.

Announce Candidates for lnterra's 2018 Election

Three candidates for the Board of Directors are presented to the lnterra Credit Union membership for approval this year - incumbents David Eby and Tim Yoder, and also Bruce Stahly. 

David Eby, Wakarusa - Incumbent
  • Founded and CEO of Agriflite Services, Inc., in 1973
  • Operate and manage David Eby Farms since 1976
  • Founded and CEO of Aeroflow Systems, Inc., since 1996
  • Founded COB AGSYNC, Inc., in 2007, and serves as vice president.
  • Founded and CEO of King Aero Aviation Services, Inc., since 2016
  • Commercial, instrument and multi­ engine ratings and certified flight instructor - airplane and instrument.
  • In 2015, recipient of the Delta Airlines Puffer Award, for the development and production of new products in the advancement of agricultural aviation safety.
  • Interra board member since 2015

lnterra Credit Union has been very instrumental in the growth of all our businesses. It is important to me that the philosophy and goals that have made lnterra successful for our family business continues and allows the next generation of young people to have the opportunities for success that our family experienced.

I believe lnterra has the opportunity to maintain the strong foundation and innovative technological path that it has established, with a continued focus on the local community via expansion and strategically placed branch offices. The credit union is challenged to remain independent, when faced with federal and state regulations.

Tim Yoder, Goshen - Incumbent
  • Yoder-Culp Funeral Home, licensed funeral director since 1976
  • Goshen Noon Kiwanis, serving in several leadership positions
  • Goshen Health and Wellness Foundation, grant committee
  • Former member of the Center for Hospice Care Board, Mishawaka; former member of the Oaklawn board; ordained minister at Goshen City Church of the Brethren.
  • Indiana College of Mortuary Science; Purdue University, bachelor's degree.
  • Interra board member for the last six years, currently serving as chairman.

I look forward to the opportunity to continue to serve lnterra Credit Union and its members. He is grateful for the credit union's role and the impact it had on the fruition of my family's business, Yoder-Culp Funeral Home. The founding board members loaned some of the funds that financed the original building, when the local banks declined, saying it was too risky.

Helping the average person become financially viable is a great opportunity for the credit union. I would like to see more effort directed to helping people learn how to manage their finances so they can move beyond living from paycheck to paycheck. We are challenged by the financial viability of the nation as a whole and how that may have local impact.

Bruce Stahly, Goshen
  • Retired school administrator; superintendent of Goshen Community Schools from 2002- 2012; asst. supt. School City of Mishawaka 2015-2017
  • Goshen College board member, past president of Goshen Rotary, member of the Elkhart County Community Foundation youth development grant committee and member of College Mennonite Church, chairing the administration commission
  • Recipient of the Indiana School Board Association Lorin A. Burt Award, 2010
  • Goshen College, B.A.; Indiana University, M.S and Ed.D., doctorate of education.

I am seeking a seat on the board because I believe lnterra is an asset to our community. I hope to help make it an even greater asset with the investment in the people who live and work here and the businesses who operate in our communities.

In my view, lnterra has an opportunity to provide more and better services to the members in the various communities it serves,

and also by providing a top quality working environment for its employees.

lnterra will need to maintain its high level of services as the credit union expands to serve members in other communities.

Supervisory Committee 

Darin Short is presented for approval on the Supervisory Committee.

Darin Short, Goshen - Incumbent
  • Self-employed owner of lntersights, intercultural trainer and consultant, since, 2007. He has worked in the accounting and tax area since 1992, specializing in investments and retirement planning from 1999-2005.
  • Board member of Ten Thousand Villages and Michiana MEDA
  • A graduate of Goshen College with a B.A. in accounting; graduate studies at the University of the Pacific.
  • Member of the lnterra Supervisory Committee for the last 15 years;

I am seeking reelection because the cooperative model of the credit union is consistent with proven approaches to building, strengthening and sustaining community. A challenge, I believe, is a perception that many people view the credit union as a "bank" and a "transaction-only" business. In reality, the credit union operates for different reasons and for a different purpose than banks: its members.