- Business Meeting - 2020 Agenda & Rules of Order
Thursday, October 8, 2020 – 3:00 PM
- Call to Order
- Incorporation of the Official Call into the Minutes
- Credentials Committee Report
- Acceptance of the Rules of Order
- Appointment of a Parliamentarian
- Approval of the Minutes of the 72nd Annual Meeting
- New Business
I) Robert’s Rules of Order shall govern the meeting in all cases in which they are applicable and in which they are not inconsistent with the Bylaws of the Association of Vermont Credit Unions, A parliamentarian shall be appointed by the Chairman.
II) All committees, unless specifically provided, shall be appointed by the presiding officer.
- Credentials Committee – This committee oversees registration of delegates and alternates. Visual confirmation of delegates and alternates will begin at 2:55 PM on Thursday, October 8, 2020. The committee shall confirm credentials of all delegates or alternates and report to the presiding officer who shall facilitate their reporting at the time indicated on the agenda. If there is any challenge to the rights of any person to be a delegate or alternate, then such matters shall be referred without debate by the presiding officer to the Credentials Committee for investigation, report, and recommendation.
- Nominating Committee – This committee shall submit to the Association meeting a list of nominees for all vacant offices for the consideration of the delegates at the meeting.
III) The report of the Credentials Committee shall be accepted as evidence of delegates and alternates in attendance at the Association meeting in determining the presence of a quorum.
IV) Regarding decorum and debate, only Association directors, the Association president, and delegates, or their alternates, are entitled to the use and privilege of the floor. The chair may use its discretion in all other cases.
- Delegates and alternates desiring to address the meeting or to make a motion shall give their name and name of their credit union by typed entry in the Chat Box.
- Discussion – It is desirable that all keep remarks as brief as possible.
- Voting – All voting shall be done in one of the following manners:
- Chat Box response; or
- Official roll call with Chat Box response.
- The presiding officer may designate the method to be used unless over-ruled by majority vote on appeal from the decision of the Chair.
- Business Meeting - Final Report of the 2019-2020 Nominating Committee
TO: Member Credit Union Manager / CEOs, Chairs, & Delegates
FROM: 2019 / 2020 AVCU Nominating Committee
Lisa Huyer (Chair) – NorthCountry FCU
Wanda Dunham – White River CU
Bob Lake – Green Mountain CU
DATE: September 22, 2020
RE: 2020 Director Nominations
The Nominating Committee of the Association of Vermont Credit Unions has performed the task of selecting candidates to fill terms expiring on the Association’s Board of Directors at the upcoming 2020 Annual Meeting of members.
On February 7, 2020 a request was sent to member credit unions for the purpose of soliciting names of possible candidates to fill the vacancies. After careful consideration, the Committee decided to place these individuals in nomination for election to the Association’s board of directors:
- Carrie Allen, Heritage Family Credit Union (incumbent)
- Jean Giard, Vermont Federal Credit Union
- Brett Smith, One Credit Union (incumbent)
Association bylaws allow for additional nominees to be added to the ballot by petition. Any qualified individual seeking to be added to the 2020 director elections ballot was required to submit his / her completed petition and qualifications to the Nominating Committee by April 10, 2020. No petition candidate nominations were received prior to the deadline, so the slate of candidates remains as originally presented.
Under Association Bylaws, member credit unions are allowed to vote for Directors by absentee ballot prior to an announced deadline. As the original slate of candidates remains unchanged with three candidates for three expiring positions, all candidates will be elected by acclimation during the annual business meeting – therefore absentee ballots are unnecessary.
2020 AVCU Director Election Nominees
Carrie is SVP, Marketing & Business Development for Heritage Family Federal Credit Union, a $512 million institution (as of 12/31/19) serving nearly 50,000 members throughout Addison, Bennington, Rutland, Windham, and Windsor counties in Vermont and the town of Hookset, New Hampshire. Carrie has held this position for 10 years and has been an AVCU Director for six years, holding the offices of Vice-Chair (current) and Secretary. She continues her service in the community as a Board Member of the Manchester Business Association (3 years), Chair, Vice-Chair, and Director of the Visiting Nurse Association & Hospice of the Southwest Region (10 years), and Committee Chair of Friends of Pediatric Programs at VNA (13 years). She was also the Chair and a Director at United Way of Rutland County (10 years), on the Membership Committee of the Rutland Chamber of Commerce and has worked with the Vermont Future Project – Pillars Planning since 2018. She holds a BA from UVM and a Strategic Performance Management & Planning Certification from George Washington University, is a Credit Union Development Educator, a CUNA Certified Business Development Professional, and in 2019 became a Certified Life Coach.
Brett A. Smith
Brett is the President & Chief Executive Officer of One Credit Union, a $175 million institution (as of 12/31/19) serving almost 17,500 members throughout Vermont’s Addison, Chittenden, Orange, Washington, and Windsor Counties; the towns of Alburgh, Grand Isle, Isle La Motte, North Hero, South Hero, and Cambridge; and Sullivan County, NH. He joined the credit union as CFO in 2014 and became President & CEO in March 2017. He has been an AVCU Director for three years, a committee member for the New England Financial Executives Council since 2016, a CUNA CEO Council member since 2017, and was a CUNA CFO Council member from 2014-2017. He continues his service in the community as a volunteer for Upper Valley United Way, has been a volunteer coach for youth football, hockey, basketball, baseball, and softball over the past 20+ years, and currently serves as Vice-Chair of the Board at Vermont Make-a-Wish. He holds an AS Degree in Accounting from Andover College, graduated Summa Cum Laude with a bachelor’s degree in Accounting with Business Management concentration from Franklin Pierce College, CUNA’s Certified CU Executive (CCUE) designation, and CUNA’s Credit Union Enterprise Risk Management Expert (CUERME) designation.
Jean is the President & Chief Executive Officer of Vermont Federal Credit Union, a $588 million institution (as of 12/31/19) serving more than 42,300 members throughout Addison, Caledonia, Chittenden, Franklin, Grand Isle, Lamoille, Orange, Orleans, and Washington Counties. Prior to joining Vermont FCU as CFO in 2006, she became a Certified Public Accountant and was a partner in a local firm where she was responsible for audits at numerous banks and credit unions. She was named Vermont FCU’s President & CEO in February 2017 after being named to the job on an interim basis for more than two years. She continues her service on Tricorp Federal Credit Union’s Supervisory Committee which began in April 2017, is a Certified CUES Innovation Executive, and has attended several CUES conferences and seminars, most recently the CUES Strategic Growth Institute. In the community, she serves on the Board of Directors at Make a Wish Vermont and Converse Home, a small non-profit. She graduated with a B.S. degree in Psychology from the University of Vermont and has an extensive background in finance and business.
- Business Meeting - Report of the 2019-2020 Audit Committee
April 3, 2020
Board of Directors
Association of Vermont Credit Unions, Inc
Association of Vermont Credit Unions Services Corporation
On Friday, April 3, 2020 the committee met to review and receive the audit report of the Association of Vermont Credit Unions and its subsidiary Association of Vermont Credit Unions Services Corporation.
We met via teleconference with Association President Joe Bergeron, Finance Administrator Mary Robert, and Jesse Rocheleau, Certified Public Accountants of A.M. Peisch & Company. The committee reviewed the audit report prepared by A.M. Peisch & Company, about which Mr. Rocheleau noted highlights and responded to Committee questions.
After reviewing the report and supporting documentation, the Audit Committee found it to be thorough and understandable. The financial statements were found to be in balance, with proper accounting procedures being followed.
Available as a separate document are the Consolidated Financial Position and Consolidated Statement of Activities for the Association of Vermont Credit Unions, Inc. and Subsidiary as of December 31, 2019. A copy of the Audited Financial Statements and Auditor’s Report is on file at the Association office and is available to member credit unions upon request.
We want to thank Association staff and A.M. Peisch & Company for their cooperation in explaining and reviewing the audit report of the Association of Vermont Credit Unions, Inc. and Subsidiary.
Susan Leonard, Chair, New England FCU
Terence Field, VSECU
Jeff Morse, River Valley CU
- Business Meeting - Minutes of the 72nd Annual Business Meeting
The seventy second Annual Meeting of the Association of Vermont Credit Unions, Inc. (AVCU) was called to order by Chairman Sean Gammon at 3:05 p.m.
Secretary Rick Hommel announced that the Official Call to the 72nd Annual Meeting was emailed to all member credit unions on February 8, 2019.
The Credentials Committee Report was given by Secretary Hommel, who stated that nine member credit unions were present for a total of 18 delegate votes. A quorum was declared.
A motion was made by Matthew Levandowski (Heritage Family FCU), and seconded by Michael Cooney (River Valley CU) that Robert’s Rules of Order and the “Rules of Order” as published on the Reports page of AVCU’s online Annual Yearbook be adopted as governance for the meeting. SO VOTED.
Introductions – Chairman Gammon introduced AVCU Board Vice-chair Carrie Allen, Treasurer Jeff Morse, Secretary Rick Hommel, and Director Greg Hahr, then announced that Directors Brett Smith and Lisa Huyer were unable to attend. He then introduced distinguished guests Molly Dillion from the Vermont Department of Financial Regulation, Jesse Rocheleau, CPA, from AVCU’s accounting firm of A. M. Peisch & Company, LLP, and Richard Brock, AVCU’s Legal Counsel from the firm of Brock and Brock, PLLC. Chairman Gammon appointed Mr. Brock to serve as parliamentarian for the business meeting and then asked the Association staff to stand and be recognized.
Chairman Gammon thanked President Joe Bergeron and the staff for the work done during the previous year.
Chairman Gammon appointed Mary Robert (AVCU) as Recording Secretary for the Minutes and noted that Heather Olsaver and Jen Malroux (AVCU) had served as the Credentials Committee.
Minutes – A motion to dispense with the reading of the Minutes of the 71st Annual Meeting and to accept them as published in the AVCU website’s Annual Yearbook section was made by Kevin Loso (Heritage Family CU) and seconded by Nate Cobb (One CU). SO VOTED.
New Business – None
Old Business – None
Elections – Chairman Gammon thanked Election Committee Chair Lisa Huyer (NorthCountry FCU), and members Wanda Dunham (White River CU), and Bob Lake (Green Mountain CU) for their service. He then announced that no absentee ballots or petition requests to add candidates to the ballot were received by their announced deadlines, so the candidate remained unchanged – Greg Hahr, New England Federal CU.
Chairman Gammon declared that, as there was one candidate for the expired term, Mr. Hahr was elected by acclamation and asked the audience to join in congratulating him.
Chairman Gammon then thanked and recognized Jim St. Peter as a retired board member who had served for the past six years.
Reports – Chairman Gammon thanked the members of all AVCU Committees for their work throughout the year then called upon President Joe Bergeron for his management report.
A motion was made by Michael Cooney (River Valley CU) and seconded by Corey Hevrin (One CU) to dispense with the reading of reports and accept them as published in the AVCU website’s Annual Yearbook section. SO VOTED.
Comments from Honored Guests: Chairman Gammon welcomed Molly Dillion, Vermont Dept. of Financial Regulation, and asked her to address the meeting.
Chairman Gammon welcomed Tracy MacNeil, Sales Executive with CUNA Mutual Group, and asked her to address the meeting.
Chairman Gammon welcomed Denise Nowinski of Tricorp FCU, and asked her to address the meeting.
Adjournment – The meeting was adjourned at 3:40 p.m. upon a motion by Lisa Rees (Vermont Federal CU) and seconded by Robert Lake (Green Mountain CU). SO VOTED
Respectfully Submitted, Rick Hommel, Secretary
* * * * *
At a reorganizational board of directors meeting immediately following the AVCU Business Meeting, the following officers were elected for 2019 / 2020:
Chairman – Sean Gammon
Vice Chairman – Carrie Allen
Treasurer – Jeff Morse
Secretary – Rick Hommel