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Lighthouse Credit Union
Lighthouse volunteers contribute their leadership, knowledge, ideas, and vision to the benefit of their fellow credit union members. In exchange, they receive practical leadership and team experience, education on financial institutions and management, networking opportunities, travel opportunities, and the satisfaction that comes from helping improve people’s lives. Volunteers are essential for corporate governance and for Lighthouse to fulfill its mission. At Lighthouse Credit Union, we have two volunteer leadership bodies: the Board of Directors and the Supervisory Committee.
The Board of Directors provides overall governance – setting strategic direction, approving policies, and ensuring the financial soundness of the credit union. The role of a director in today’s environment is more demanding, more complex, and multi-dimensional than it has been in the past. There are also more risks, and potential liabilities are relatively heavy. Society expects and demands more from directors, and consequently the director’s role has become more onerous.
Directors of Lighthouse Federal Credit Union will be expected to bring to the Board a broad range of knowledge and depth of experience from their chosen business or profession, as well as an understanding of the principles and values of Lighthouse Federal Credit Union and the communities it serves. To decide if you want to volunteer your time and expertise to Lighthouse and determine whether you meet the rigorous standards, there are a few things you should know:
The Board consists of nine voting directors, each serving a staggered three-year term so that approximately one-third of the seats expire each year. This structure ensures continuity and stability in governance. In recognition of their service, long-tenured directors may also be appointed by the Board to the honorary, non-voting role of Director Emeritus.
Any member in good standing who is at least 18 years old is eligible to serve on the Board, provided they qualify for bonding, have no felony convictions or pending felony charges, and are not a current employee, related to a current employee, or living in the same household as a current employee.
The Board meets in person monthly. Attendance is a duty of service, and directors who fail to participate in meetings as required may be removed in accordance with the bylaws.
Directors are unpaid volunteers. Consistent with the bylaws, no directors or committee members receive compensation for their service. The Board does not reimburse ordinary travel expenses to and from meetings.
Each fall, the Governance & Nominations Committee of the Board of Directors issues a call for nominations, inviting members to submit applications to be considered as candidates for open Board seats. The Committee reviews all applications and nominates at least one candidate for each vacancy. Once approved by the full Board, the official slate of board-nominated candidates is announced to the membership in advance of the Annual Meeting.
Chair
Vice Chair
Secretary
Treasurer
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member Emeritus
The Supervisory Committee acts as an independent oversight body, with the primary responsibility of safeguarding members’ interests by auditing financial records, monitoring internal controls, and ensuring compliance with laws and regulations.
Like the role of directors, committee service has grown more complex as expectations for transparency, accountability, and risk management have increased. Members of the Supervisory Committee are expected to bring integrity, diligence, and relevant expertise, along with a strong understanding of Lighthouse Federal Credit Union’s values and the communities it serves.
The Board of Directors, at its sole discretion, appoints 3–5 members of the credit union to serve on the Supervisory Committee, each serving a staggered three-year term so that approximately one-third of the seats expire each year. Credit Union members interested in serving on the Supervisory Committee should contact elections@lighthousecu.org for more information.
The call for nominations for the 2026 Board of Directors Election is now open. Members who wish to be considered by the Governance & Nominations Committee must submit a completed Board of Directors Nomination Application to elections@lighthousecu.org no later than 5:00 PM on Monday, November 10, 2025.
At this time, only applications through the Committee are being accepted. The petition process will open 75 days before the Annual Meeting, at which point instructions for requesting an official Petition Packet will be posted here.