Gesa in the Community — GovernanceAnnual Meeting Thank you for joining us for the 69th Gesa Annual Membership held on April 14, 2022. Please join us again next year. If you missed it you can see the highlights of accomplishments and achievements from 2021 in our Annual Report (pdf) and Impact Report (pdf). Gesa Credit Union Mission, Vision and Values The credit union motto is at the backbone of Gesa’s core values, mission, and vision – people helping people. We are a dedicated community partner, offer sound financial management, value integrity among our leadership team and organizational culture, and constantly strive to offer great member relations. Gesa's Mission and VisionGesa Mission Gesa Credit Union’s mission is to help members prosper by empowering our members through financial education and providing access to a broad range of valued and cost-effective financial products and services. Members have convenient access to a comprehensive, relevant and innovative range of financial products and services throughout their lives. Members receive overall rates and fees competitive with other financial institutions. Members trust that Gesa provides honest advice in their best financial interest, confidentiality, accurate transactions and information, all while safeguarding their information and financial assets. Members and their families have convenient access to relevant financial education to promote financial literacy and long-term financial wellness. The Member Service Experience is exceptional as a result of an engaged workforce that is invested in the success of the Credit Union. Gesa Vision Vision: Members choose Gesa as their trusted lifelong financial partner. Gesa's Board of Directors and Supervisory Committee Gesa is comprised of a Board of Directors and a Supervisory Committee who are elected by the membership at the Annual Meeting. Each serve different, but vital purposes within Gesa’s governance structure. Board of Directors The board meets monthly to review the performance of the Credit Union and set Credit Union Board policy. Meet the Board of Directors Gregg Andrews Board Chair Geof Griebel Board Vice Chair Andrew Austin Board Secretary Jessica Schneider, M.D. Board Member Bill Melberg Board Member Ben Basson Board Member Manuel Chavallo Board Member Bob Follett Board Member Linda Cowan Board Member Rich Rutkowski Board Member Peter Smith Board Member Brett Spooner Board Member Martin Valadez Torres Board Member Paul Korstad Emeritus Board Member Bill Roberts, Jr. Emeritus Board Member Supervisory Committee 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. An annual opinion audit is conducted by an outside audit firm, at the request of the Supervisory Committee, to manage internal audit functions, ensure proper internal controls are in place, and confirm policies are adhered to. 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. Meet the Supervisory Committee Kevin Sullivan Chair Rob McFarland Vice Chair Matt Medlin Secretary Portia Singian Member Bob Hamm Member Disclosure to Membership 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 Ranges The annual stipend ranges between $20,000 and $27,000 for Board members and is based on leadership position(s) held. The annual stipend for Supervisory Committee members ranges between $9,000 and $13,000 and is based on leadership position held. Position Compensation Board Chair $27,000 Director $20,000 Supervisory Committee Chair $13,000 Supervisory Committee Member $9,000 Board Committee Chair $4,000 Compensation Paid to Board and Supervisory Committee Members in 2021 The Gesa Credit Union Officials Compensation Program began effective January 1, 2019. In 2020, 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 2022 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 Board Members Compensation Andrew Austin $15,000 Ben Basson $15,000 Bill Melberg $21,400 Brett Spooner $18,000 Geof Greibel $15,000 Gregg Andrews $15,600 Linda Cowan $15,000 Manuel Chavallo $15,000 Martin Valadez Torres $18,000 Peter T Smith $15,000 Richard Rutkowski $15,000 Robert Follett $18,000 Roger Reimer – Retired 2020 $3,800 William C Bonaudi $15,000 Supervisory Committee Members Compensation Bob Hamm $7,000 Kara Rohrig $10,700 Kevin Sullivan $7,300 Matt Medlin $7,000 Rob McFarland $7,000 Interested in joining our board? If you want to become a part of our board you can fill out our application. After submitting, we will have a committee review and follow up with you. Join our boardContact the Supervisory Committee/Board of Directors Your Full Name * Your Email Address * Questions / Comments *