GCS Credit Union announced new directors at the 80th Annual Meeting. Elected to serve two-year terms were Ken Newton, Tom Grady, Nick Huniak, Cecil Williams, Kim Frantz, and Robert Lyles.
Officers for 2021 are Robert Lyles (chairman), Jim Devine (vice chairman), Ken Newton (treasurer), and Kim Frantz (secretary). Credit unions are member-owned, nonprofit financial cooperatives that have a volunteer board of directors. This year looked a bit different, as it was the first time in the credit union’s history that the annual meeting was conducted virtually.
“2020 was definitely an interesting year for everyone,” said Keith Burton, president/CEO of GCS Credit Union. “Yet through all the challenges, GCS continued to serve our members and their communities by providing products and services that help improve their daily lives.”
“Your Community, Your Needs, Our Focus has never been stronger than this past year,” Burton said. “We met the challenge of 2020 and were able to help members when they needed it the most.”
GCS Credit Union continues to promote financial literacy, as they once again received the Desjardins Youth Financial Education Award. This award was presented by Kevin Shaw, Illinois Credit Union System Senior Regional Director. The Desjardins Youth Financial Education Award is presented to the credit union that shows leadership within the credit union movement on behalf of financial literacy for all ages.
“Over $125,000 has been given back to our local communities in 2020,” Burton noted in his report. “Credit unions believe in the people helping people philosophy, and during the COVID-19 pandemic we strive to boost up our community. This is the credit union difference.”