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Credit Union Volunteers

Our Board of Directors

To promote the Credit Union's mission to serve the financial service needs of its members, the Board of Directors is established to direct and control the activities of the Credit Union.

VolunteerThe Board has the sole authority to make and approve policies for the uniform and consistent operation of the Credit Union. The Board also sets the strategic direction of the Credit Union by establishing specific goals and monitoring management's progress in achieving those goals. The Board has the overall responsibility for the safety and soundness of the Credit Union and is responsible for employing a Chief Executive Officer (CEO) with the responsibility and authority to implement the Board's directives. Finally, the Board ensures continuity of leadership through recruitment of qualified candidates to serve as directors.

The Board is elected by the members, and each director serves for a three-year term. The Board meets monthly to review the credit union’s financial performance and make sound decisions accordingly.

Board elections are held at our annual meetings. For information regarding eligibility and procedures, as well as committee details and service, please contact the credit union.

Our Supervisory Committee

Our Supervisory Committee is responsible for ensuring that the Credit Union's Board of Directors and management establish practices and procedures to properly safeguard members' assets. In addition, the Committee is responsible for the annual financial statement audit from a licensed, independent auditor.

In accordance with the Federal Credit Union Act, the Supervisory Committee is comprised of volunteer members and functions completely independently of Credit Union management. As an independent body, the Supervisory Committee also investigates members' complaints not resolved to their satisfaction by management.

All Supervisory Committee members are appointed by the Board of Directors. 

Members can report perceived Credit Union rule or policy violations, unethical behavior, and complaints not resolved by management directly to the Supervisory Committee by mailing a letter to the following address:

Barton Plant EFCU
Supervisory Committee
P.O. Box 471
Boutte, LA 70039

All member communications are handled with the utmost confidentiality.

Our Loan Review Committee

The Loan Review Committee is charged by the Board of Directors to review all loan denials and is granted power to overturn denials on loan applications.

Using the Loan Officer provided information, the committee members determine if the policies in place are effective for our membership; recommend changes in policies, loan officers, credit limits, and lending rates/fees when/if applicable.

Our loan review committee is appointed by the Board of Directors.

Volunteer

For information regarding eligibility for any of our volunteer positions, as well as committee details and service, please contact the credit union. We are always looking for members who want to serve!

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