Corporate

• 2019 Annual Report
• 2019 Community Impact Report

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The Board of Directors is made up of members elected by the membership at the Annual Meeting. The Board meets monthly to review the performance of the Credit Union and set Credit Union Board policy.

The Supervisory Committee is elected by the membership at the Annual Meeting. An outside audit firm conducts an annual opinion audit at the request of the Supervisory Committee which also oversees internal audit functions to ensure proper internal controls are in place and policies are adhered to.

It is the responsibility of the Supervisory Committee of Gesa Credit Union to monitor the financial safety and soundness of the credit union and to oversee compliance with various financial and regulatory requirements.

The internal auditors meet with the Supervisory Committee monthly to review internal audit reports, financial statement trends, information protection status, potential fraud issues, risk assessments and internal control practices. The Committee also closely monitors the results of the state and federal examinations as they occur.

Committee Members

• Kara Rohrig, Chair
• Kevin Sullivan, Vice Chair
• Bob Hamm, Secretary
• Rob McFarland, Member
• Matt Medlin, Member

For issues or concerns you are not able to resolve with management, please use the link below to contact the Committee.

Contact the Supervisory Committee

Board of Directors and Supervisory Committee Compensation Schedule

As permitted by law and the Credit Union's Bylaws, Gesa provides reasonable compensation to the Board of Directors and Supervisory Committee for their service to the Credit Union. An annual stipend is payable in quarterly installments in recognition of the education and time requirements that are necessary and expected of Board members, who set the strategic direction of and provide general oversight of the Credit Union, and Supervisory Committee members, who provide oversight regarding the safety and soundness of the Credit Union.

As required by law, the members of the Credit Union shall be informed of the compensation provided to the Board of Directors and Supervisory Committee members.

Compensation Plan

The annual stipend ranges between $15,000 and $22,000 for Board members and is based on leadership position(s) held. The annual stipend for Supervisory Committee members ranges between $7,000 and $11,000 and is based on leadership position held.

Compensation Paid to Board and Supervisory Committee Members in 2019

The Gesa Credit Union Officials Compensation Program began effective January 1, 2019. In 2019, Gesa Credit Union paid its Board and Supervisory Committee the amounts listed below. Gesa Credit Union will report the compensation paid to all Board and Supervisory Committee members for 2020 following the end of the year.

For questions or concerns regarding Board of Directors or Supervisory Committee compensation, please contact the credit union’s Board of Directors at:

Post Office Box 500
Richland, WA 99352