Dover Federal Credit Union
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Volunteer Officials

Dover Federal is Seeking Candidates for Board of Directors

A 9-member volunteer Board of Directors elected by credit union members governs Dover Federal Credit Union. The Board Development committee is now seeking candidates among the members of the Credit Union who may be interested in serving on the Board of Directors. Current board members are permitted to stand for reelection. The information below summarizes questions traditionally requested concerning board service.


Eligibility

Dover Federal membership is required. You must be a primary account holder of a Dover Federal share account for at least six months as of the date of the annual meeting.


Meeting Requirements

Attendance is required at regular board meetings, normally held on the third Monday evening of the month beginning at 5:00 p.m., at the Dover Federal headquarters in Dover, DE. In addition, attendance at two special annual planning meetings is required.

In the spring there is a three-day retreat within the nearby vicinity and one all-day event held in Dover in the fall. Directors are usually appointed to at least one committee that requires, depending upon committee assignment, attendance at a working meeting on either a monthly, bimonthly, or quarterly frequency.


Compensation

Federal law provides that directors are not authorized to receive compensation for their services. Expenses associated with participation in regular board and committee meetings, to include travel expenses to attend regular meeting activities, are not reimbursed.


To Seek Consideration for Service on the Board of Directors

Eligible members interested in serving as a Dover Federal director may forward a resume or letter containing qualifications and biographical data for consideration by the Board Development Committee to nominations@doverfcu.com or mail it to the following address:

Dover Federal Credit Union
Attn: Board Development Committee
1075 Silver Lake Blvd.
Dover, DE 19904

All submissions must be received by October 31, 2011 to be considered.


Board of Directors
Supervisory Committee


Board of Directors
The elected Board of Directors represents all credit union members to maintain fiscal safety and soundness, set strategic direction, ensure regulatory compliance, hire the CEO, establish CEO goals and objectives, and oversee CEO performance.

Chairman
Charles W. Miller

First Vice Chairman
Richard Myles Standish

Second Vice Chairman
Kathleen L. Adams

Treasurer
Russell L. McCready

Secretary
Bonnie Yeomans

Directors
Rob Easton
Janie Libby
Michelle Mack-Williams
Connie Welde

Associate Director(s)
Ilona Dye

Directors Emeritus
Joseph J. Brown, Jr.
Richard A. Gaidis

If you have any questions for the Board of Directors, please send an email to board@doverfcu.com.

Supervisory Committee
The Dover Federal Credit Union Supervisory Committee is composed of member-owners appointed by the Board of Directors. Its primary function is to act as the audit committee of the Credit Union, ensuring that it is soundly managed and that member assets are safeguarded. The Committee also serves as a direct resource for reviewing and resolving member complaints that cannot be resolved through normal channels.

Chairman
Connie Welde

Members
Jerry Artesona
Lonnie Dye
Michelle Harvey
William Torian

If you have any questions for the Supervisory Committee, please send an email to supervisorycommittee@doverfcu.com.







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