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Annual Report

Board of DirectorsTerm Expires
Bob Miller Chairman2012
James Wood Vice Chairman2012
Mari Daniel Secretary2011
Suzanne Brantley Treasurer2010
Denny Deaver Membership officer 2011

Senior Management Staff

Sandra Allm President/CEO

NOMINATING COMMITTEE REPORT
In compliance with current policy the Nominating Committee met reviewed the application and submitted it for the open board position to be presented at the Annual Meeting. The term for the one elected in 2010 will expire at the Annual Meeting in 2013.

The following nominee was selected and approved by the Board of Directors.

Place 4: Suzanne Brantley
 

LOAN COMMITTEE REPORT
The Loan Committee is responsible for enforcing lending policies established by the Credit Union's Board of Directors and government regulations. Most loans are processed by our Lending Department however, when loan requests exceed Loan Officer's authority the Loan Committee approves, rejects or refers the request to the Board of Directors for consideration. In 2009 the loan Committee, Loan Officer and Board of Directors approved $1,719,541 loans. Our basic objective is to make loans to members for worthwhile purposes offering competitive rates.
 

AUDIT REPORT
Greg R. Schmidt Certified Public Accountant performed the 2009 annual Supervisory Audit for the audit period ending September 2009. This procedure was conducted in accordance with Part 715 of the NCUA Rules and Regulations. This engagement was to apply agreed-upon procedures. Based on the report issued following the audit there were no issues to report that required attention. All accounting related procedures appeared adequate and effective and the financial records as a whole are in good order.


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To receive a MasterCard Disclosure call 888-362-2673

Who Can Join BNSF Credit Union?


Employees, their family members and those retired from BNSF Railroad and Plains Dairy. Anyone who lives, works, worships, goes to school or businesses located within a 10 mile radius of the credit union are eligable for membership. Call 806 358 7109 for assistance in joining today.

Loan Promotions


Call and inquire about our Summer Loan Promotion. Rates starting as low as 8.90%.Also ask about our Rate Sale on Titled Vehicles. Let us help make your shopping experience less stressful. Contact a loan officer for preapproval.




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