Job Description

Job Description

Job Description

*This opportunity will close EOD on August 22, 2025*

Overview

The Affinity Plus Federal Credit Union Board of Directors serves in an important volunteer leadership role. As a financial cooperative, volunteer Board members are elected from the membership and represent the voice of all Affinity Plus members. The nine-member Board is composed of a diverse group of individuals from throughout the state of MN who have a wide range of professional backgrounds and experiences.

Operating within a governance model, directors are responsible for approving policies, participating in the development of the strategic plan, reviewing and approving the annual budget, and assessing the performance of the CEO/President. The Board of Directors is expected to explore new ways to strengthen and advance our credit union and the credit union movement as a whole.

Required Experience:

Affinity Plus seeks a wide variety of backgrounds and experiences to ensure diversity of thought on the Board of Directors. Currently, we are seeking Board members who have:

• Demonstrated commitment to cooperative values and principles, and an understanding of the credit union philosophy.
• Experience on boards and with board governance, demonstrating an understanding of the different roles fulfilled by the board and management.
• Experience in leadership and strategic planning.
• Understanding of the diverse communities that Affinity Plus serves.
• Awareness of the opportunities and risks of delivering financial services.
• Understanding of the important role that finance plays in improving member and community well-being.
• A willingness to learn and a commitment to ongoing professional development.
• The desire to prioritize the time required to participate in Board meetings, activities and leadership duties.
• Directors are elected for three-year terms. This term will commence in March 2026, at the Affinity Plus Annual Meeting.

Required Commitment :

• Board Meetings: The Affinity Plus Board of Directors meets monthly for a Board Meeting including board members and members of the senior team. Meetings typically starting in late-afternoon on the fourth Tuesday of every month (generally 3-4 hours per meeting), with time ahead of the meeting to review materials. Meetings are a mix of in-person and virtual. A virtual option is available to in-person meetings if conflicts arise for board members. Participation in monthly meetings is expected.

• Committee meetings: Directors will also be asked to participate on committees (i.e. Governance Committee, Nominating Committee or Executive Committee). Committees meet monthly and require a 2-4 hour per month commitment, usually between the hours of 8am-5pm.

• Strategic Planning Session : Participation in an annual all-day planning session is also required, usually held in September of each year and lasting from 8am-5pm.

• Development Opportunities : There are development opportunities available to board members which include off-site conferences or seminars to further develop the skills and knowledge of board members.
  • Affinity Plus is regulated by the National Credit Union Administration (NCUA). When elected or within six months of election, NCUA requires that directors have at least a working familiarity with basic finance and common practices, including the ability to read and understand a credit union’s balance sheet and income statement and to ask, as appropriate, substantive questions of management and internal and external auditors. Affinity Plus directors are expected to attend and participate in sufficient educational offerings to both meet this specific NCUA requirement and to become more knowledgeable on all aspects of federal credit union operations.

Applicants must be at least 18 years old and an Affinity Plus member in good standing.

Please submit this application only if you are able to meet the meeting attendance, participation and educational expectations for an Affinity Plus Director. Any applicant who may be considered for a director position must successfully complete reference and credit checks regarding background and qualifications, including a criminal background check, and must be someone whom the insurer for Affinity Plus can bond. By submitting this application, you authorize Affinity Plus to perform reference and credit checks, including criminal background check and to check with its insurer about bonding you, but to be further considered, you may need to complete separate authorizations that may be required by third parties who perform reference, credit or background checks, or to authorize release of information about you. Failure to timely provide any required supplemental authorization will eliminate you from further possible consideration.

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