What Is A Credit Union?
A credit union is a cooperative, non-profit organization comprised of people united by a common bond of interest, such as employment, membership in a church, residence in a certain community or employment with a certain company. The purpose of the credit union is to promote thrift and encourage responsible money management by setting up a mutual savings and loan organization.
Each member of this organization is an owner, and the money he or she contributes to credit union accounts helps to support the institution as a whole. Credit union members enjoy savings at a good rate of return and use collective monies to extend loans to qualified members at competitively low interest rates. By saving, investing and borrowing as a group, each independent member has the opportunity to achieve greater financial stability and success.
If you would like to become a part of this member-owned financial institution, call us or stop by our office today.
Who Is Eligible To Join?
All current and retired employees of the Missouri Department of Conservation, MDC Volunteers with more than 50 hours of documented service, Conservation Commissioners, employees of Conservation Employees' Credit Union, and immediate family members and organizations of members are eligible to join Conservation Employees’ Credit Union.
To become a member, you must complete a membership card and deposit at least $25 (one share) into a Share Savings Account. This $25 share must remain in the account for as long as you are a member of the credit union.
Once you are a member of CECU, you’re immediately eligible for all the financial services the credit union has to offer. Also, once you become a member, you remain so for life by keeping one share in your account.
Ready to join? Call us or stop by our office today.
*Immediate family is defined as brothers, sisters, spouse, children, grandchildren, grandparents and parents.
The History of CECU
Conservation Employees’ Credit Union was created on March 4, 1955, with the cooperation of the Conservation Commission and a Certificate of Approval issued by the Secretary of State. Eighty-eight employees joined the credit union at that time, and initial deposits totaled $2,074.75. On this same day, $475 was loaned to a charter member.
Upon its creation, Herbert Hunter, a Field Representative of the Missouri Credit Union League, was named temporary chairman of the credit union. The Board elected Paul Q. Tulenko as President and Marian Walther as Treasurer.
By the first annual meeting, held on October 17, 1955, membership had jumped to 203 members, and share deposits totaled $19,841.28. The Board declared a 4% dividend on share accounts during the meeting, and this rate was approved by the membership. Thus began the CECU tradition of growth and financial stability.
Since the credit union’s inception in 1955, CECU has grown by leaps and bounds. At the time of the annual meeting in October 1969, some 1,193 members owned $876,587 in shares! Currently, more than 7,800 members contribute to assets greater than $102 million, loans totaling more than $72 million, and $92 million in share deposits -- a testament of the great success and prosperity of Conservation Employees’ Credit Union.
The Security Of CECU
Since 1970, credit unions have been federally insured through the National Credit Union Share Insurance Fund (NCUSIF), an arm of the National Credit Union Administration. The United States government backs this fund with full faith and credit, just as it does the FDIC. That means that your finances are insured for up to $250,000 per depositor, with an additional coverage of up to $250,000 for other types of accounts, such as IRAs.
To further protect your money and the resources of the credit union, Conservation Employees’ Credit Union maintains a responsible lending policy. We extend loans only to qualified borrowers, and will not put your funds at risk with sub-prime lending. In short, your shares are safe with us.
If you have any further questions or concerns regarding the soundness of your credit union, please contact a CECU representative or stop by our offices. You may also visit www.ncua.gov to determine your insurance coverage, or learn more about federal share insurance.
The People Of CECU
Conservation Employees’ Credit Union is run by its members, for its members. If you need assistance, information or would like to voice your opinion, contact us.
BOARD OF DIRECTORS
David Urich, Chairperson
Dennis Steward, Vice-Chairperson
Sandy Payne, Secretary/Treasurer
Pat Vitello, Chairperson
Lindsey Evers, Co-Chairperson
CREDIT UNION STAFF
Kevin Brueseke, President
Kathy Kliethermes, Director of Office Administration
Cathy Adams, Vice President of Operations
Jessica Stuenkel, Branch Manager
Maureen Ball, Loan Officer, NMLS ID 446078
JoAnn Pointer, Loan Officer, NMLS ID 446079
Ronda LePage, Loan Officer
Carol Kimball, Loan Processor
Dawn Ellis, Card Services Coordinator
Roger Luebbert, Financial Advisor
Sharon Bax, Call Center Clerk
Jim Gerling,Member Services Representative
Mike Smith, Member Services Representative
Lisa Woodland, Member Services Representative
Denise Willroth, Member Services Representative
Emily Franklin, Member Services Representative
Jean McKinley, Support Services Staff
Mike Kallenbach, Support Services Staff
Stacia Peters, Support Services Staff
Jodi Moulder, Camdenton
Brittney Sones, Central Region
Connie Ponting, Chilicothe
Kathy Hetherington, Clinton
Trina Wash, Kansas City Metro
Geanna Gettys, Kansas City Region
Annabelle Lanham, Ellington
Annie Hentschke, Hannibal
Dee Thomas, Northeast Region
Christina Wales, Northwest Region
Trish Bryan, Ozark Region
Judith Bethel, Powder Valley
Contact CECU, Rolla
Dominique Priester, Southeast Region
Terri Diekmann, St. Louis Region
Vernon Archer, Southwest Region