Our Members’ Involvement Matters!
Chemcel’s Board of Directors and Committee Members represent your interests, our member-owners, and work with the management team to improve your financial quality of life.
If you would like to be more involved with your Credit Union and have a strong desire to help Chemcel continue to grow and succeed, we encourage you to apply for a position on the Supervisory Committee perhaps leading to a position on the Board of Directors.
Each year the Board appoints a nominating committee that will review the list of candidates for the Board and Supervisory Committee Members and select the individual(s) who possess the skills and experience necessary for the open position(s).
In order to be nominated, candidates must:
- Have received at least a high school diploma or equivalent;
- Be a member in good standing with the Credit Union;
- Not been convicted of any criminal offense involving dishonesty or breach of trust;
- Agree to a criminal background, credit and bondabililty checks;
- Not be an employee of the Credit Union during the past twelve months;
- Not be related to a current employee or an individual employed in past 12 months by the Credit Union; Board member or Supervisory Committee member.
- Be 21 years of age or older.
Get Involved with a Winning Team
We encourage our members to get involved with what Chemcel FCU is doing. With the help of key members and our volunteers, our impact in the community is strong and growing.1
Credit Unions are not-for-profit cooperatives owned by their members, with a volunteer Board of Directors who is responsible for the general direction and control of a federal credit union. This unique philosophy sets your Credit Union apart from other financial institutions.
If you would like to be more involved with your Credit Union and have a strong desire to help Chemcel FCU continue to grow and succeed, we encourage you to apply for a position.
Board Members
- Directors are elected to a three (3) year term;
- The primary meeting of the Board of Directors is once per month. The meeting is held at 4:00 PM CST and may take up to two (2) hours;
- Directors are required to attend an annual strategic planning session;
- Director meetings must be given a high priority with critical information being shared at each meeting;
- The Credit Union stresses the importance of education for our volunteers. Every year each director is provided with the opportunity to attend an in-person educational conference. Annually, each director is required to complete on-line compliance and financial education training;
- A director must direct the operations of a federal credit union in conformity with the Federal Credit Union Act, NCUA’s Rules and Regulations; and other applicable laws and sound business practices;
- A director must carry out their duties in good faith, in a manner reasonably believed to be in the best interests of the membership, and with such care, including reasonable inquiry, as an ordinarily prudent person in a like position would use under similar circumstances;
- Directors develop a road map of strategic plans and long-term goals for management and staff to follow.
Supervisory Committee Volunteer
- Supervisory Committee Volunteers are appointed by the Board of Directors to a one (1) year term. It is recommended that Supervisory Committee Volunteers serve at least two (2) years prior to becoming a candidate for a Board of Director position;
- Supervisory Committee Volunteers are encouraged to attend the primary meeting of the monthly Board of Directors’ meeting. The meeting is held at 4:00 PM CST and may take up to two (2) hours;
- Supervisory Committee Volunteers are required to attend an annual strategic planning session;
- Committee members serve to ensure that the credit union is soundly managed and member assets are safeguarded;
- The primary responsibility of the Supervisory Committee is to direct internal audit activities designed to determine whether records are prepared accurately and verify whether internal controls, policies and procedures are maintained and followed.
1Please note, you must be a Chemcel FCU member to participate. Not a member? All persons who live, work (or regularly conduct business in), worship, or attend school in, businesses and other legal entities located in Jim Wells, Kleberg or Nueces County are eligible to join. Employees, Retirees and immediate family members of Celanese Corporation Bishop, Clear Lake, Bay City and Dallas are eligible.