As a Member, you are an owner of the Credit Union. You've probably heard that before, but what exactly does it mean? It means you are important and have a voting right to help keep the Credit Union moving in the right direction... UPWARD and FORWARD.
The CBI Federal Credit Union held its 56th Annual Membership Meeting on Wednesday, March 11, 2020 at 4:00 PM in Illinois.
Download 2019 Annual Report
As a not-for-profit that is cooperatively owned by you (our members), we all benefit when you engage and participate in credit union ownership. That’s why we are inviting you to attend our 2020 Annual Membership Meeting. It’s an opportunity for you to meet your management, elected board, and many CB&I employees who serve our membership. We will use this meeting to report on last year's performance and discuss future plans for CBI Federal Credit Union.
Your Voice Literally Counts
When you opened your first account with CBI Federal Credit Union, you deposited a small amount into your savings for which has stayed locked into that account ever since. This deposit represents a share of ownership, giving you rights and privileges as an owner of the credit union.
One of those rights is a vote to elect the Board of Directors, your representatives, at the Annual Meeting. This is what sets credit unions apart from other financial institutions like banks. It's the Board of Directors responsibility to oversee the credit union and serve its membership with decisions based on what will best benefit the credit union’s near and long-term direction while ensuring these decisions are in the best interest of the membership at large. As a member/owner, you elect the group of volunteers that truly set the direction of our future. This is why we say It's All About We.
Thank you for your loyal membership.