Have a say in how your credit union is run. As a member-owned financial cooperative, Madison Credit Union relies on engaged members to help guide our future. Whether you are ready for full board service or looking for a lighter commitment, there are several ways to get involved.

Board of Directors

Board members help set the general direction of the credit union and provide oversight of management and operations. The Board is responsible for overall governance and final decision-making regarding the affairs, funds, and records of Madison Credit Union, in accordance with the Credit Union’s Articles and Bylaws.

Members are elected to serve a three-year term, or the remaining term of a previous director.

Board Member Qualifications

Must be a member in good standing with MCU.
Must be at least 18 years of age.
Must be a member of MCU for at least twelve (12) months.
Must be bondable by MCU’s Fidelity Bond Company.
Must authorize a background check and a credit check.

Educational Requirements

Board Members must have a base level of financial understanding consistent with the size and complexity of the credit union. At a minimum, they must be able to read and understand MCU’s balance sheet and income statement.

If these skills are not already developed, MCU will provide the necessary training. Training must be completed within six months of election or appointment.

Required Meetings

Monthly Board Meeting
Annual Meeting of the membership held once per year.
Annual Planning Session: normally a half day planning session on a Friday afternoon in the fall or spring; or a two-hour session following a Board Meeting.
Other assigned committee meetings: meetings vary depending on the specific committee.
Exit reviews by examiners are not required, but attendance is highly recommended.

Nominate yourself or someone else for a seat on the Board

MCU Board of Directors Nomination Form

Your name*
First Last
Your email*
Nominee name (If you are nominating yourself, retype your name here.)*
First Last
Nominee's address*
Street Address Address Line 2 City State

Associate Board Member

The Associate Board Member role is a great opportunity for members who are interested in board service but may not be ready for the full commitment of a Director position. Associate Board Members gain valuable experience, contribute ideas, and help support the credit union’s mission while learning more about governance and strategic planning.

Associate Board Members participate in board discussions and activities but do not have voting authority.

Qualifications are similar to those of a full Board Member:

Must be a member in good standing with MCU.
Must be at least 18 years of age.
Must be a member of MCU for at least twelve (12) months.
Must be bondable by MCU’s Fidelity Bond Company.
Must authorize a background check and a credit check.

Commitment Expectations

Encouraged, but not required, to attend monthly Board Meetings
Participate in select committee work or strategic projects as assigned
Attend educational and planning opportunities when available

This role is designed to provide flexibility while preparing interested members for potential future board service.

Become an Associate Board Member

MCU Associate Board Interest Form

Your name*
First Last
Your email*

Advisory Committee

Want to get involved in the credit union but are not ready to commit to board participation? The Advisory Committee offers a simple and impactful way to share your ideas.

The committee meets over lunch one to two times per year for approximately one hour. Meetings focus on topics such as new services, promotions, member experience improvements, and general feedback.

It is a great opportunity to influence the products and services offered by MCU while networking with other engaged members.