Business View Magazine | October 2020

105 BUSINESS VIEW MAGAZINE OCTOBER 2020 FAMI LY SAV INGS CREDI T UNION Acknowledging that Family Savings is a member-owned community credit union, Hill asserts, “It’s one member, one vote. We have an annual meeting that’s usually attended by about 600 of our members and they’re free to bring up any subject they have a concern about. We also elect a Board of Directors who are all volunteers. And each member, regardless of the amount of money that have in the Credit Union, has the ability to vote on any business that comes up. We work to benefit the members, not stockholders that belong to the Board and have majority shares. We also have a supervisory committee made up of three elected members that oversee the operations from a financial standpoint. They hire an outside auditor to audit our books once a year and we also have regulatory examiners that come in once a year. That is the difference between credit unions, and us in particular, and a bank. It’s very much member-oriented.” The overall goal is for one big happy family. That’s why the FSCU team goes the extra step to give customized advice and helpful service every step of the way. At Family Savings Credit Union, you’re not just a number, you’re part of a family that succeeds when its members succeed.