Board of Directors: NCE Credit Union
Juan Escobar – Chairman term expires: March 2020
Irene Herrera – Co-Chairman term expires: March 2021
Brenda Nunez – Secretary term expires: March 2020
Joe Martinez – Board member term expires: March 2020
Patty Elkins- Board member term expires: March 2021
The responsibility of supervisory committee is to ensure that proper controls are effectively maintained to adequately protect the Credit Union, its members, management and employees. Independent CPA’s and companies are employed to audit areas of risk in the operations of the Credit Union. These audits allow Credit Union activities to be monitored to ensure assets are properly safeguarded.
Credit Union Resources was retained to perform annual audit and examination of critical Credit Union policies and procedures. The accuracy and reliability of financial statement is also reviewed. Last audit performed March 26th audit performed for period December 2017 thru December 2018.
The reviews performed concluded that NCE Credit Union is safe, Sound, financially strong and maintains its creditials of sound credit union management. If you have have any questions or would like to see the results of audit please come by the Credit Union during business hours.
Credit Union Resources and Technology performed verification of member accounts for period ending December 2017.
The annual meeting was held March 12.2019.
The Annual meeting was called to order at 6:23 p.m.
Board Members present:
Irene Herrera-Co Chairman
Brenda K. Nunez-Secretary
Patti Elkins-Board of Director
Board Member Not Present:
Chairman Juan Escobar welcomed and thanked all members and guests
for attending the Nueces County Employee Credit Union’s annual meeting.
Chairman Juan Escobar mentioned that the 2019 annual meeting was
Dedicated in honor of the former NCE Credit Union CEO Veronica Mahzoon-
Hagheghi, whom passed in November of 2018. Chairman Juan Escobar also
informed the members on the condition of Ruth Ann Coward, who is out on medical
leave and currently is at MD Anderson.
The Pledge of Allegiance was said by Irene Herrera-Board of Director.
Opening prayer was given by Chairman Juan Escobar.
Chairman Juan Escobar introduced the NCE Credit Union staff.
Ruth Ann Coward-Bookkeeper-31 years
Becky Quintanilla-Loan Officer-8 years
Severa Stapurewicz-Loan Officer-2 years
Paula Garza-New CEO/President-1 week
Chairman Juan Escobar introduced the NCE Credit Union Board of Directors.
Juan Escobar-Chairman-Term: 2018/2020
Irene Herrera-Co-Chairman- Term: 2017/2019
Brenda Nunez-Secretary-Term: 2018/2020
Joe Martinez-Board of Director-Term: 2018/2020
Patti Elkins-Board of Director-Term: 2017/2019
Chairman Juan Escobar gave recognition to all the Donors of door prizes for our annual meeting. They are as followed:
1.) Michele Kuchta, Attorney at Law
2.) Andy & Bertie Villarreal- Income Tax Services
3.) Irene Herrera
4.) Severa Stapurewicz
5.) Juan Escobar
6.) Brenda Nunez
7.) Bar B Que Man
8.) Paula Garza
9.) Texas Roadhouse
10.) USS Lexington
11.) Route 66
12.) Hurricane Alley
Severa Stapurewicz recognized the outgoing Board of Directors: Co-Chairman Irene Herrera and Patti Elkins. A gift certificate in the amount of $25.00 was given to each outgoing Board of Directors.
Patti Elkins recognized the nominating committee which consisted of NCE members: Patricia Gobble, Yolanda Guajardo, Laverne Goode, Beatrice Molina and Lorraine Villanueva.
Board of Director/Secretary-Brenda Nunez read the minutes from the March 13, 2018 annual meeting. The annual meeting minutes were available for review. No questions were asked, and no comments were made. Motion to accept the 2018 annual meeting minutes was made by Yolanda Martinez 1st and 2nd by Rosa Soliz, vote was called, all in favor, motion carried.
Board of Director/Secretary-Brenda Nunez gave an overview financial report on how well The NCE Credit Union is doing. On each table a copy of the financial report can be found, and members are able to follow and review as it is being explained. The Credit Union is fundamentally sound, as evidence by the absence of any material financial or operational weakness from last year’s audit. The assets for 2018 were $5,085,655.66. The Credit Union is owned by the members and due to the number of members we have, the net worth of the Credit Union stands over $5 million dollars for the year 2018. The NCE Credit Union is scheduled to have a Supervisory Audit on March 25, 2019.
Chairman-Juan Escobar announced the nomination for the 2 vacancies available on the Board of Directors. He informed the NCE members that serving on the Board of Directors is on a volunteer basis and the Board of Directors meet every 3rd Tuesday of the month at noon. The following people were nominated by the nominating committee:
1). Jo Ann Beltran-12
2). Patti Elkins-39
3). Elva Fuentes-16
4). Laura Garcia-7
5). Kerry Ginn-32
6). Irene Herrera-63
7.) Rosa Soliz-17
Open floor nominations were called. With no one being nominated, a motion to seize the floor nominations was made by Rosa Soliz 1st and 2nd by Thad Roberts, vote was called, all in favor, motion carried.
While the votes were being tabulated by Eric Gutierrez and Kevin Stroud, Chairman Juan Escobar informed the NCE members and their guests that dinner is now being served.
Chairman Juan Escobar announced the election results: The 2 new Board of Directors are Patti Elkins and Irene Herrera.
As the NCE Credit Union members, guests and staff enjoyed their meal Severa Stapurewicz handed out door prizes with the help of 1 volunteer who picked the winning tickets.
With no questions or comments Board of Director/Chairman Juan Escobar and the Board of Directors once again thanked the NCE Credit Union members, guest, and staff who attended the 2019 annual meeting. Motion to adjourn the annual meeting at 8:18 p.m. were made by Rosa Soliz 1st and 2nd by Thad Roberts, vote was called, all in favor, motion carried.