Town & Country Hosts 85th Annual Board Meeting; Board Election Results Announced
Town & Country Credit Union hosted its 85th Annual Meeting, virtually and in-person, on March 21, 2024. The meeting included announcing the results of the Board of Directors election, as well as reports from the Board Chair, Kevin Harmon, and the Credit Union’s Interim President/CEO, Kalli Schell.
Board of Directors Election
Members were invited to vote electronically, by phone or by mail in the weeks leading up to the Annual Meeting. The election results were presented at the Board meeting.
This year, the nominating committee submitted four candidates for consideration for three seats on the Board of Directors. The following candidates were elected to the Board of Directors:
- Kalvin Larson will fill the Minot Board seat (3-year term)
- Wendy Loucks will fill the Fargo Board seat (3-year term)
- Curtis Smith will fill the At-Large Board seat (1-year term)
Congratulations to the new Board members, and thank you to all our Board candidates for their willingness to serve.
A Year in Review
Kevin and Kalli both shared reports with attendees that focused on the credit union's accomplishments in 2023, as well as thanking members for their support of the credit union this past year. Some of the highlights included:
- Asset growth of 7% which brought the credit union's total assets to more than $680 million.
- Exceptional Ag & Commercial loan growth of over $72 million.
- An additional $40,410 in deposit matches and special offers earned by youth members.
- We achieved a Net Promoter Score of 79.07 putting us above the gold standard benchmark NPS for the financial service industry.
For a deeper dive into all we accomplished in 2023, check out our 2023 Impact Report.
Full Meeting
The full meeting (35 minutes) is posted below if you’d like to watch.
