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NOTICE OF THE 84th ANNUAL MEETING

The Annual Meeting of Centric Federal Credit Union will be held at the West Monroe Convention Center, on March 4th, 2021, West Monroe, Louisiana 7:00 p.m. We hope you are able to attend the Annual Meeting and Election.

In accordance with the Credit Union’s Bylaws, the Secretary hereby submits the following Annual Election Notice:

There are two (2) terms expiring on the Board of Directors. The Nominating Committee, appointed by the Chairman of the Board of Directors, has nominated one member for each board position to be filled. The following two incumbent Directors have been re-nominated for election to three-year terms by the Nominating Committee:
Joe Philips
Jackie Green

A brief statement of qualifications and biographical data for each of the nominees is included with this notice.

Nominations for vacancies may also be made by petition. An election will not be conducted by ballot and there will be no nominations from the floor when there is only one nominee for each position to be filled. Any member who wants to submit a nomination by petition must obtain a Petition Form and the Petition Rules available at the Credit Union Administrative Office. When returned, the petition must be signed by one percent of the membership. As of November 30, 2020, the Credit Union had 29,798 members and therefore the Nomination Petition must be signed by at least 298 Credit Union members. Each Nominee by Petition shall submit a Statement of Qualifications and Biographical Data and a signed Certificate from the Nominee stating they are agreeable to nomination and will serve, if elected to office, with the Petition. All petitions must be returned to the Secretary of the Board of Directors at the Credit Union Administrative Office located at 213 Expo Circle, West Monroe, LA 71292, by Monday, January 25, 2021, which is the closing date for receiving nominations by petition. Elected officials are legally responsible for the fiscal integrity of the Credit Union and for compliance with state and federal laws.

At the Annual Meeting on March 4, 2021 all persons nominated by either the Nominating Committee or by Petition shall be placed before the Members for a vote. When nominations are closed, tellers will be appointed by the Chair and ballots will be distributed. The vote will be taken and tallied by the Tellers of Election and the results announced. The election will be determined by plurality vote and will be by ballot except when there is only one nominee for each position to be filled. Nominations cannot be made from the floor unless insufficient nominations have been made by the Nominating Committee or by petition to provide for one Nominee for each position to be filled or circumstances prevent the candidacy of one of the nominees for the position to be filled. Only those positions without a nominee are subject to nominations from the floor. The results of the Annual Election will be announced at the Annual Meeting.

Willie Woodard
Nominating Committee Chair
Centric Federal Credit Union
November 19, 2020

 

2020 Nominated Board of Directors

Joe Phillips
Joe is currently the Chairman of the Centric Board of Directors. He retired from Graphic Packaging as a Power and Recovery Engineer in 2005 after completing 45 years of service. He began his credit union service in 1973 as a member of the Credit Committee. Joe was elected to the board in 1985. Joe was honored with the 2006 “Director of the Year” award at the CU Conference National Directors Roundtable Conference in Las Vegas. Joe has served the community in several positions such as President of the local Road Runners Club, Member of McClendon Baptist Church in West Monroe, and President of the Local Union and served in the United Way Campaign.

Jackie Green
Jackie Green currently serves as the Vice Chairman of the Centric Board of Directors and has served on the board for the past 24 years. Jackie retired from Glenwood Regional Medical Center as Risk Manager. He is very active in our community through many organizations such as the West Monroe-West Ouachita Chamber of Commerce, United Way, Life Share Blood Center, Auxiliary Police, WM Beautification Board and Antique Alley.

 

Centric Federal Credit Union Launches Personalized Financial Education Tool for students at Louisiana Delta Community College.

 

Centric Federal Credit Union today announced the introduction of a new mobile-first, financial education resource to help Louisiana Delta students build financial health and confidence for themselves and their families. Live Better is made available, free of charge, through Centric Federal Credit Union’s relationship with the leader in financial wellness technology solutions, EVERFI, Inc.

Live Better offers a robust library of learning topics around important personal financial education concepts including budgeting, investing, homeownership, retirement planning, and more. The interactive financial education platform is designed to provide students with the tools and personalized knowledge necessary to make informed just-in-time financial decisions.

“Centric believes the power of teaching students today is an investment in tomorrow’s leaders,” said Rodney Parker, Executive Vice President/CFO at Centric Federal Credit Union. “Partnering with Louisiana Delta Community College was an ideal way to achieve this in a time of extreme uncertainty. Centric is grateful for the college’s partnership in launching the Live Better program and EVERFI’s support in providing students financial education to make a difference for many in our community.”

A recent EVERFI study found that 78 percent of adults wish they had more information readily available when making financial decisions1. From opening a credit card to taking out a student loan, buying a home or saving for retirement, most adults feel unprepared to make large financial decisions without additional information. Through Live Better, users are guided through interactive exercises that allow them to practice making financial decisions most relevant to them in a fail-safe environment. Each topic area offers a 3-6 minute module designed to enable users to apply what they have learned to their personal financial goals. The mobile-first design is available on all internet-enabled devices so that learners can access it anytime, anywhere.

“Understanding your finances and making sound financial decisions is key to a strong future, but many people don’t know where to turn to get the information they need in a way that is easily digestible and understandable,” said EVERFI Co-Founder and President of Financial Education, Ray Martinez. “This program is a testimony to EVERFI’s commitment to providing financial education to learners of all ages and we commend Centric Federal Credit Union for making this commitment to educate local students, allowing them to take control of their financial health.”

 

About Centric Federal Credit Union

Established in 1937 in West Monroe, LA, Centric Federal Credit Union has grown to be a large locally owned financial cooperative in North Louisiana serving over 25,000 members with over $200 million in assets. Our mission is to help our members live better. Over the years, the credit union has expanded into opening 6 centers throughout Ouachita and Lincoln parishes. Centric has continued to strive to give its members the best service possible which is why Live Better, a financial wellness community outreach program, was launched in 2016. Live Better has been successful in educating members and employees of local businesses on important financial issues helping the community to borrow, save and earn better. Centric is honored to partner with Louisiana Delta Community College, serving as a financial cooperative for students and employees.

 

About EVERFI, Inc.

EVERFI is an international technology company driving social change through education to address the most challenging issues affecting society ranging from financial wellness to prescription drug safety to workplace conduct and other critical topics. Founded in 2008, EVERFI is fueled by its Software-as-a-Service (SaaS) community engagement platform and has reached more than 30 million learners globally. EVERFI powers community engagement in a sustained manner to empower individuals and organizations to make an impact within their communities.

The Company also convenes Networks to bring together financial institutions, colleges and universities, and some of the largest corporations to leverage insights and connections to drive impact. Some of America’s leading CEOs and venture capital firms are EVERFI investors including Amazon founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter founder Evan Williams, Advance Publications, Rethink Education, and Rethink Impact. To learn more about EVERFI visit everfi.com or follow us on Facebook, Instagram, LinkedIn, or Twitter @EVERFI.

 

 

2020-21 Holiday Schedule

New Year’s Day, Jan 1 – Closed
MLK Jr. Day, Jan 18 – Closed
President’s. Day, Feb 15 – Closed
Good Friday, April 2 – Closed
Memorial Day, May 31 – Closed
Independence Day, July 5 – Closed
Labor Day, Sept 6 – Closed
Columbus Day, Oct 11 – Closed
Veterans Day, Nov 11 – Closed
Thanksgiving Day, Nov 25 – Closed
Day After Thanksgiving Day, Nov 26 – Closing at 2:00 p.m.
Christmas, Dec 24 & 25 – Closed
New Year’s, Dec 31 & Jan 1 – Closed

 

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