Goldenwest Holds Annual Meeting and Announces Board Election Results

OGDEN, UT: April 21, 2016 – Goldenwest Federal Credit Union members, employees and volunteers attended the 80th Annual Business Meeting on Tuesday, April 12th at the corporate headquarters in Ogden. The meeting included the presentation of the Annual Report 2015 to the membership.

Reports regarding the state of the Credit Union were delivered to the membership by Board of Directors Chairman Bill Hart, President/CEO Kerry Wahlen, and Supervisory Committee Chair Ron Gebhardt. Mr. Wahlen’s remarks touched on the history of the Credit Union, including the difficulties the founders faced during the depression. He reflected on the sacrifices many of the original Credit Union members made to lay the foundation for a Credit Union that has grown to more than 100,000 members and $1 billion in assets. All presenters reported the Credit Union remains strong financially as it continues to grow in loans, deposits and product offerings.

Governance Committee Chairman Jeanette Smyth reported incumbents Steve Carroll, Dan Musgrave and Stoney Wayment had been re-elected to serve as Directors of Goldenwest Credit Union, each for a three-year term.

Following the Annual Meeting, the Board members held a private session during which they re-elected Bill Hart as Chairman, Steve Carroll as Vice-Chairman, and Stoney Wayment as Secretary for the next 12 months.

Founded in 1936, Goldenwest serves more than 107,000 members and holds $1.2 billion in assets. The Credit Union is headquartered in Ogden, and operates 27 branches in Cache, Box Elder, Weber, Davis, Morgan, Salt Lake, Utah, and Washington counties.

Published April 21, 2016