It's your turn.

Board. Game?

Think you're the triple-word score we've been missing? Apply to be a Mazuma Board Member.

Welcome to the Mazuma Election Center!

The 2017 Board of Directors election is coming up, and we’re looking for new Board Members. If you want to join Mazuma in making KC a better place to live, work and bank, then submit your candidacy to become part of Mazuma's Board of Directors!

Apply Now

Key Dates

Deadline for Board Application Wednesday, Feb. 1
Candidate Interviews Feb. 2 – 17
Voting Begins Tuesday, Feb. 28
Annual Meeting Tuesday, Apr. 25

Questions?

Send an email to Nominate@mazuma.org

Requirements & Responsibilities

Board Candidate Minimum Requirements

Potential candidates who have not previously been a Mazuma Board Member and who wish to be nominated must meet the following requirements:

  • Must be a Mazuma Member in good standing for for at least 1 year.
  • Has not been a Board Member or officer in any credit union which has been terminated, other than voluntarily.
  • Must have had no financial obligations with any institution, company or agency extending credit which are or have been delinquent more than two consecutive monthly payments at any time during the past three years.
  • Must qualify for bonding.
  • Must not have had any felony convictions or pending felony charges.
  • Must not be a current employee of the credit union.
  • Must not have been employed by the credit union within the past 3 years.
  • Is free of any real or perceived conflict of interest that might reasonably be expected to prevent him or her from acting in the best interests of the credit union as a whole and independently of any particular interest arising as a result of any previous, existing or future relationship with the credit union, its Members, regulators, competitors or suppliers.
  • Must be at least 18 years of age.
  • Primary residence must be located within 50 miles of the credit union field of Membership: Jackson, Clay, and Cass counties in Missouri and Johnson and Wyandotte counties in Kansas.
  • Must agree to comply with all Board Member requirements and credit union policy, confidentiality, compliance and regulatory requirements.
  • Must submit all required Board Candidate material as instructed by the Nominating Committee and complete an in-person interview with the Nominating Committee.
  • Must fill out completely an "Application to Serve as a credit union Volunteer and Candidate Certification" form authorized by the Board of Directors.

Board Candidate Desired Qualities

The Mazuma Board of Directors seeks Members who can contribute to a diversity of perspectives and experience, including the following:

  • Ability and willingness to make a real contribution to Mazuma Credit Union, its Board and its Members.
  • Accomplishment within the individual’s chosen business or profession or community involvement.
  • Knowledge and experience which is complimentary to the current Board of Directors and which will bring value and help to create a well-rounded Board for the future.
  • Ability to assess the implications of financial statements and auditor’s reports.
  • Ability to bring to the Board a knowledgeable perspective on issues affecting business in the geographic jurisdictions in which the credit union carries on business.
  • Ability to bring a perspective of external business, social and regional issues to the deliberations of the Board.
  • Ability to critically assess business strategies and operations and to be forward thinking regarding potential changes and trends facing the future of the industry.
  • Knowledge of the cooperative financial sector, and the concepts, principles and values of the cooperative environment.
  • Good interpersonal relations and the ability to operate "as a team" at the Board level, and to be able to "speak with one voice" once a full discussion has been undertaken and a decision has been made by the Board in accordance with its governance policies.
  • High ethical standards and the ability to act without a real or perceived conflict of interest that could reasonably be perceived to conflict with the individual’s responsibility to act in the best interests of the credit union and its Members.
  • An understanding of corporate governance and the fiduciary duties and responsibilities of both a Board of Directors as well as of individual Directors.

Potential candidates for Membership on the Board will not be denied consideration by reason of race, sex, religion, disability, age, country of origin or affiliation with some special constituency group, nor will any candidate be selected solely for such reason.

Responsibilities of Mazuma’s Board of Directors

The Board of Directors at Mazuma will be charged with the task of taking on these responsibilities:

  1. The Board of Directors is ultimately responsible for all directions and functions of the credit union. To carry out this responsibility it must:
    1. clearly establish policy and ensure compliance,
    2. select competent management, and
    3. assure itself conclusively that management is performing properly.
  2. The Board of Directors has the responsibility to maintain the general direction and control of the credit union. This includes directing the credit union in accordance with federal and state (Missouri) credit union laws, the bylaws, sound business practices, and any other applicable rules and regulations.
  3. Some of the detailed responsibilities of the Directors are as follows:
    1. Meet regularly.
    2. Establish and approve an annual budget.
    3. Approve interest rates and significant expenditures.
    4. Authorize necessary bond coverage, investments, and depositories for funds.
    5. Declare dividends and establish reserves.
    6. Appoint Supervisory Committee, Nominating Committee, and Board Liaisons.
    7. Fill vacancies on the Board and Committees between annual meetings.
    8. Review delinquent loans and authorize the charge off of uncollectable loans and shares.
    9. Maintain working relationships with the credit union management.
    10. Receive and take appropriate action on the reports of the Supervisory Committee and examining authorities.
    11. Review progress of the credit union in serving Member needs.
    12. Plan for the long-term development and needs of the credit union.
    13. Participate in relevant chapter and league programs.
    14. Act on field of Membership requests.
    15. Act on merger and acquisition requests.

Volunteering

Other Ways to Get Involved

There are many ways to lend your talents and expertise to Mazuma other than the Board of Directors.

If you’re interested in any of the positions below, please email nominate@mazuma.org. We’d love to have you!

Nominating Committee

Mazuma’s nominating committee consists of 5 Mazuma Members who volunteer their time to help select the nominees to the Mazuma Board of Directors. In this critical role, you would have the task of reviewing potential Board candidates to ensure they meet all the necessary qualities and requirements to represent the Membership.

Supervisory Committee

Mazuma’s Supervisory Committee consists of 3–5 Mazuma Members who volunteer their time to serve the entire Membership. You would have the responsibility of working with the management team and the Board of Directors to ensure that Mazuma is operating in a safe and prudent manner and in the best interests of Members. To fulfill their responsibilities, the committee engages a CPA auditing firm to perform the annual opinion audit and a verification of Member accounts.

It is the Supervisory Committee’s job to report Mazuma’s financial safety and soundness and make improvements to its operations and internal controls.

Ad Hoc Committee Member

From time to time, Mazuma forms special committees to work on certain projects that need a Member voice. They are typically shorter term projects and require less time commitment than other volunteer activities. As an ad hoc committee Member you would be called upon to serve on these committees.