Town & Country Credit Union hosted their 83rd Annual Meeting, virtually and in-person, on March 10, 2022. The meeting included announcing the results of the Board of Director’s election, as well as reports from the Board Vice Chair, Kevin Harmon, and the Credit Union’s Interim President/CEO, Kalli Schell.
This year, the nominating committee submitted three candidates for consideration for the Board of Directors. Kevin Harmon of Minot (incumbent), Jay Hight of Minot (incumbent) and David Ripplinger of Fargo were up for election to fill the Minot Board seat and two at-large Board seats. The member elected to fill the Minot Board seat must reside in the Minot area. Members were invited to vote electronically, by phone or by mail in the weeks leading up to the Annual Meeting.
All three men will join the Board of Directors. Kevin Harmon will fill the Minot Board seat and Jay Hight and David Ripplinger will fill the at-large positions. They will each serve a three-year term on the Board.
Congratulations to Kevin and Jay on being elected to another term on the Town & Country Board of Directors, and congratulations to David on being elected to his first term,” said Board Chairman DelRae Geinert. “I look forward to
working with all of three of them to further Town & Country’s mission of positively impacting those we serve over the next year.
A Year in Review
Kevin and Kalli both shared reports with attendees that focused on the credit union's accomplishments in 2021, as well as thanking members for their support of the credit union this past year. Some of the highlights included:
- Asset growth of 6% which brought credit union total assets to more than $600 million.
- Exceptional loan and deposit growth, including an 18% increase in our consumer loan portfolio.
- Earning a 97% Member Satisfaction rating, even while completing a system upgrade which impacted member services for a few days.
- Launching Credit Score in TCCU Online, which allows members to view their credit score and get customized tips on how to improve it.
Full Meeting
If you'd like to watch the full meeting (31 minutes long)
