PORTLAND, Ore.–During its 87th annual meeting, Unitus Community Credit Union announced the results of its board elections, as well as its accomplishments and contributions of 2023.
“Once again, the credit union held the meeting virtually so more members could attend,” Unitus said. “The inclusive meeting production included on-screen graphics, reports to the membership, and live interpretation in both Spanish and American Sign Language.”
In his report to the membership, Unitus President and CEO Steven Stapp addressed:
- The continued challenges in the global economy and now the challenges provide new opportunities for members with improved savings rates
- That Unitus’ net worth ratio stands at 9.76%, well above the 7.0% standard for a well-capitalized credit union.
- Employee engagement in the communities Unitus serves is a source of pride.
“With nearly 1,800 employee volunteer hours, we far exceed our peers in community service,” said Stapp. “This is an average of six hours per employee. Our community development efforts make meaningful change here, and around the world. None of this would be possible without our members, so thank you for your continued partnership.”
Board Chair Matthew Mičetić addressed members during the meeting, detailing how the strategic priorities of “preserve and protect” have ensured Unitus avoids unnecessary risk and remains a financially secure credit union.
“As we preserve and protect our financial position over the next year, we will be working hard to help our members do the same,” said Mičetić. “We aim to foster economic empowerment for individuals and families in the communities we serve.”
Board election results were announced during the Annual Meeting. Tiffini Mueller was re-elected by acclamation for a three-year term. Member Denetta Monk ran unopposed and was elected by acclamation for a three-year term
2025 Plan
Unitus said it plans to host a hybrid meeting in 2025 at the new Unitus Business Center – Tigard. The meeting will build upon the inclusive technology, accessibility, and language offerings for deeper member engagement.