Goldenwest Holds Annual Meeting and Announces Board Election Results

OGDEN, UT: April 12, 2017 – Goldenwest Federal Credit Union members, employees, and volunteers joined together at the 81st Annual Meeting on Tuesday, April 11th at historic Union Station. The meeting included the presentation of the Annual Report 2016 to the membership.

Board Chair Bill Hart remarked on the significance of holding the Annual Meeting in Union Station as the Credit Union was founded by Ogden railroad employees in 1936. His comments included the history of Union Station, the impact of the railroad in the region, and the early days of the Credit Union.

Kerry Wahlen, President/CEO, reported on several highlights from the past year including the bonus dividend, branch expansion, the strategic merger with Healthcare Credit Union, the recent acquisition of a health insurance brokerage, and Goldenwest’s financial strength.

In his report, Supervisory Committee Chair Ron Gebhardt stated the Credit Union continues to operate in a fiscally safe manner adhering to internal and external controls to protect the assets of the membership.

Governance Committee Chair Jeanette Smyth reported on the recent election in which members voted for three-of-five previously nominated candidates for open Board positions. After Mrs. Smyth’s remarks, Chairman Hart announced Tad Neuenswander, Brandon Hendrickson and Noé Vázquez had been elected to serve as Directors for three-year terms.

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

Founded in 1936, Goldenwest serves more than 120,000 members and holds $1.3 billion in assets. The Credit Union is headquartered in Ogden, with 37 branch offices from Logan to St George. USU Credit Union and Healthcare Credit Union operate under the Goldenwest brand.