FARMERS BRANCH, Texas (4/22/08)--Delegates unanimously adopted a dues formula to be effective for 2009 at the 74th Texas Credit Union League (TCUL) Annual Meeting April 17. The formula, which is identical to this year’s, reads: “Dues shall be based on the square root of credit union assets plus 0.52, a minimum of $500 or 6% of gross income, whichever is less, plus Credit Union National Association dues. Assets are determined as reported as of June 30 of the preceding year by the credit unions to their regulatory agency” (LoneStar Leaguer
April 21). The board elected the following officers:
* Chairman--Ayn Talley, CEO Houston Police FCU; * First Vice-Chairman--Pamela Stephens, CEO, Security One FCU, Arlington; * Second Vice-Chairman--Jada Kelley, CEO/DuPont Goodrich FCU, Nederland; and * Secretary-Treasurer--Jim Minge, senior vice president, Randolph Brooks FCU, Universal City.
Elected district directors are:
* North Central District--Gary Parker; * Dallas District 2--Jim Brisendine and Sandy Smith; * East District 3--Debbie Martin; * Fort Worth District 4-- Stephens; * Houston District 5--Debbie Blackshear and Tally; * North District 6--Robert Sheppard; * Panhandle District 7--Art Hornell; * San Antonio District 8--Minge; * Southeast District 9--Kelley; * Valley District 10--Al Beltran; * Far West District 11--Robert Peterson; * South Central District 12--Paul Trylk; * South District 13--Gary Davis; and * Mid West District 14--James Boyd.
Not seeking re-election were Dean Daly from District 11 and Anne Boatright from District 12. Boatright will serve as ex-officio member on the league board as the immediate past chair.