The board meets monthly to review the performance of the Credit Union and set Credit Union Board policy.
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.
|Supervisory Committee Chair||$13,000|
|Supervisory Committee Member||$9,000|
|Board Committee Chair||$4,000|
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
|Martin Valadez Torres||$18,000|
|Peter T Smith||$15,000|
|Roger Reimer – Retired 2020||$3,800|
|William C Bonaudi||$15,000|
|Supervisory Committee Members||Compensation|
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.
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 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.
Vision: Members choose Gesa as their trusted lifelong financial partner.
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Routing Number 325181248