Skip to main content

Annual Meeting

Each year, Century Federal hosts an Annual Meeting to review the prior year's financial statement and to discuss all of the exciting new products and services with the Credit Union. Save the Date for Thursday, March 31, 2022.

As most of us are aware, the Coronavirus COVID-19 Pandemic has caused a great deal of public health and safety concerns in the state of Ohio. It is our sincere hope that all of our members are taking the necessary precautions to keep you and your families safe and healthy. 

In the interest of ensuring that our members and their families are staying safe and healthy, this year's Annual Meeting will be a Zoom web event and details for attending are below.

The live virtual webinar will take place on Thursday, March 31, 2022 at 6:00PM. During this live webinar, you will be able to utilize the chat function to send your questions in real-time! These questions will be relayed to the panel and answered in the order in which they are received. In addition, you may email your questions ahead of the meeting at annualmeeting@cenfedcu.org so the panel will be prepared with answers to those questions before the webinar begins. 

The instructions that you will need to join this Zoom webinar are included below. If you choose to join the live video feed, it is our recommendation that you click on the link well in advance of the meeting date to test the functionality from your computer. (You may also attend this webinar using your smartphone or tablet by using this link.) Please note that if you do not wish to attend the live video feed, you are also welcome to simply listen in by dialing in from your phone using the Telephone numbers and Webinar ID included in the instructions below. It is important to know that if you choose to simply dial-in and listen, you will not be able to submit your questions for the panel in real-time through the chat feature in the live video feed. In this case, you would need to submit your questions in advance as noted above.

In the event that you have problems or questions, please feel free to email us at annualmeeting@cenfedcu.org and we will be happy to guide you through setup.

Zoom

        You are invited to a Zoom Webinar.
        When: March 31, 2022 06:00 PM Eastern Time (US and Canada)
        Topic: CFCU Annual Meeting

        Please click the link below to join the webinar:
        https://us02web.zoom.us/j/81601954294?pwd=Qzk2cFhsUzRpS2M0MCtBM1JLV2ZGQT09 
        Passcode: Not required

        Or Join by Telephone:  
        888 475 4499 (Toll Free)

        Webinar ID: 816 0195 4294

 

Meeting Agenda

  1. Call the Meeting to Order
  2. Secretary Ascertains a Quorum is Present
  3. Chairman Entertains a Motion to:
  4. • Change the Order of Business
    • Dispense with the reading of the Annual Meeting minutes from the prior year
    • Approve the prior year’s Annual Meeting minutes
  5. Chairman’s Introductions
  6. President/CEO’s Introductions
  7. Supervisory Committee’s Report
  8. Chairman’s Report
  9. Treasurer’s Report
  10. Open Forum Questions
  11. Closing Remarks
  12. Motion to Adjourn

 

When is the Century Federal Annual Meeting?

Thursday, March 31, 2022 at 6:00pm   

Where is the Century Federal Annual Meeting held?

The meeting will be held virtually. More details to come when they are available. 

Who can attend the Century Federal Annual Meeting?

All Century Federal Credit Union members are eligible to attend the meeting. This includes spouses and children. 

Why is the Century Federal Annual Meeting held and who's eligible?

Annual Meetings are held to share the state of the Credit Union each year, as well as vote on any pertinent changes, or conduct Board elections. Every member age 16 and over, who has $5 in their share account (which is the requirement for membership) is eligible to vote. Every member who is 18 and over is eligible to become a Board Member or hold other volunteer Board positions with Century Federal Credit Union.

Century Federal Credit Union employees and their family members are not eligible to become Board Members or sit on any committee.

The 2022 Nominees for Board of Directors 

Pete Bonacuse works at NASA at the Glenn Research Center as the Technical Lead of the Analytical Sciences Group in the Structures and Materials Division. He holds bachelors and master’s degrees in Mechanical and Aerospace Engineering. Mr. Bonacuse has been involved with Century Federal Credit Union for nearly 25 years, first on the Supervisory Committee as a member and then chairman. In 2014 he was elected to the Board of Directors. He has been appointed Board Chairman for the last three years and currently serves on the Budget and Finance, Risk and Compliance, and Governance committees. The global pandemic has made the past two years trying times for us all. The Credit Union staff is to be commended for providing the best service possible while also ensuring that the chance of COVID transmission is minimized in the branches and offices. Mr. Bonacuse is committed to investment in state-of-the-art banking technology and has always been a strong advocate for membership and asset growth.

Diane Bridges is retired from her position as the Manager of Cash and Long-Term Balance Sheet at the Cleveland Clinic. Her previous work experience includes 10 years as Director of Accounting at Lakewood Hospital, and 4 years in public accounting. Starting 2015, Diane has worked seasonally in public accounting, preparing financial statements and tax returns. Ms. Bridges has a CPA and an MBA in Finance from Cleveland State University. She has served on the Board for 18 years, holding positions on both the Risk and Governance Committees (Chairperson). Ms. Bridges has also served as the Vice Chairman and is currently Recording Secretary. Diane has volunteered for many organizations. Diane is committed to continue to work on behalf of all members to offer the best rates and innovated financial products. Ms. Bridges looks forward to serving another term to help ensure our continued growth and quality services to our members and the generation.

Akaljot Singh It is with great enthusiasm that I am submitting my application to the volunteer board. I am extremely grateful for the opportunities that have been afforded to me thus far as a lifelong citizen of Northeast Ohio and a member of CFCU, including my first credit card and first car loan. Serving as a board member would provide me with the opportunity to give back to my community. I am particularly interested in helping other young Ohioans join the credit union and get similar assistance in jumpstarting their financial futures. After graduating from University School, in 2011, I earned my Bachelor’s degree with magna cum laude from Columbia University. I am currently an MD/PhD candidate at the University of Cincinnati College of Medicine. I have experience managing budgets and accounts as the Treasurer of the Health Sciences Graduate Association, and am a hardworking, forward thinking, team player.

Twitter
Facebook
Instagram
LinkedIn