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Annual Meeting

This year’s annual meeting will be held on Saturday, March 25, 2023. We are pleased to announce that this year’s meeting will be held in person. Members who prefer to attend the meeting virtually can access the meeting link provided below.

Location: Tri-C Corporate College-East, 4400 Richmond Road, Warrensville Heights, OH 44128 (located at I-271 and I-480)
Time: 10:00 a.m. (doors open at 9:00 a.m.) Continental Breakfast will be served

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You are invited to a Zoom webinar.

When: Mar 25, 2023 10:00 AM Eastern Time (US and Canada)
Topic: 2023 Century Federal Credit Union Annual Meeting

Please click the link below to join the webinar:

Or Join by Telephone:

Webinar ID: 861 6970 0408

2023 Annual Meeting Agenda: - Doors open at 9:00 a.m.

  1. Call the Meeting to Order 
  2. Secretary Ascertains a Quorum is Present 
  3. Chairman Entertains a Motion to:
    • 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
  4. Chairman’s Introductions 
  5. President/CEO’s Introductions 
  6. Supervisory Committee’s Report
  7. Chairman’s Report
  8. Treasurer’s Report
  9. Election Results
  10. Open Forum Questions
  11. Door Prize Giveaway
  12. Closing Remarks
  13. Motion to Adjourn


When is the Century Federal Annual Meeting?

Saturday March 25, 2023 at 10:00am (doors open at 9:00 a.m.)    

Where is the Century Federal Annual Meeting held?

Tri-C Corporate College-East, 4400 Richmond Road, Warrensville Heights, OH 44128 (located at I-271 and I-480) 

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 and announce election results. 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.

Voting for the 2023 Board of Directors Election is closed.

2023 Century Federal Credit Union Candidate for Board of Director Nominees deadline to submit an application is closed.

Petition for Nomination

The deadline has passed to submit a petition for nomination for the Board of Directors election.

2023 Board of Directors Nominees

William Ahonen (Incumbent)

Mr. Ahonen was a Lead Internal Auditor, Professor, Contract Management and warranted Contracting Officer with the Defense Contract Management Agency (DCMA) HQ. He served as an IRS Agent, and Auditor at the Department of Labor. He holds a BBA in Accounting, minoring in Computer Science. He did post-graduate studies at Baldwin Wallace College in Systems Management and at the Defense Acquisition University in Contract Management. Mr. Ahonen has served as Vice Chairman/Director of Century Federal Credit Union, Chairman of the Supervisory Committee, and Chairman, Board of Trustees, CU Center West and CU Center Central. He is an advocate of the credit union philosophy “not for profit, not for charity, but for service” and has contributed to growth in the Credit Union from $12 million to $478 million in assets. If re-elected, Mr. Ahonen will ensure leading edge credit union services and products are effectively and efficiently delivered.

Tim Edmunds, CPA (Incumbent)

Mr. Edmunds is currently a member of Century Federal Credit Union's Board of Directors. He has served in board officer positions as Board Chairman and Treasurer. He serves or has served on the following board committees: Budget and Finance, Products and Policy, Loan Policy, Investment Policy, Strategic Planning, Nominating, Risk Management, and Supervisory. Mr. Edmunds is a CPA and an attorney. He has a ID from Cleveland State University and an MBA from Michigan State. Additionally, Mr. Edmunds has been a member of the Committee on Accounting Standards of the National Association of Federal Credit Unions. Mr. Edmunds was formerly employed as an attorney in the Cleveland HUD Office of Counsel. Subject to regulatory agency restrictions, Mr. Edmunds advocates: I) maximum feasible return to the members for savings, 2) competitive interest rates on loans, and 3) products and services that meet members' needs. 

David Hull

Mr. Hull retired from NASA Glenn as materials research engineer (36yr). He was the Analytical Science Group Lead (18yr) with an annual budget of $1M. He has a BS in Metallugical Engineering from the University of Cincinnati. He volunteers on, York Township Zoning Commission (30yr), Medina County Planning Commission (2yr), Medina County Solid Waste Policy Committiee (3yr). He is a currently serves on the CFCU Supervisory Committee (15yr). He has been a member of CFCU (35yr). If elected to the board of directors he would continue to be an advocate for good governance, fiscal responsibility, and membership growth, especially younger members. This new year will bring several significant changes to our credit union. Work has been ongoing to replace our core and on-line banking software by fall 2023. He hopes to make positive inputs to make sure these transformations occur smoothly with positive impacts on our members.

Rose Lorenz (Incumbent)

Mrs. Rose Lorenz has over 34 years of working experience with Century Federal Credit Union. Mrs. Lorenz was first employed as a Member Service Representative in 1970 posting transactions and pe1forming daily balances and ledgers. During her career with Century Federal Credit Union, Mrs. Lorenz has gained significant work experience and knowledge through twenty years as a Loan Officer, four years as a Branch Manager, and as a Vice President of Branch Operations for five years. Mrs. Lorenz has an extensive working knowledge of the credit union's compliance and security requirements, as well as branch operations, lending products and service procedures. Throughout her 34 years with Century Federal Credit Union, Mrs. Lorenz has remained focused on serving its members and demonstrated leadership in setting high standards for courtesy, reliability, and efficiency in dealing with member's issues. She services or has served on the following committees: Loan Policy, Human Resources, Nominating, and Supervisory.

Stephanie Miller

Ms. Miller currently chairs the Supervisory Committee and was previously elected to three terms as a CFCU Board Member. She has served as Vice Chairman and Secretary of the Board, Chairman of the Human Resources Committee and was an active member of the Facilities and Budget and Finance Committees. Ms. Miller has more than 25 years of experience in various customer financing financial roles and has specialized knowledge in lending and credit risk, fraud mitigation and strategic planning. She holds a Bachelors Degree in Economics and a Masters of Business Administration and is currently the Director of Receivables at TravelCenters of America. Ms. Miller is a proponent of strong governance and the understands importance of working collaboratively with the management team to develop the long term growth strategy for the credit union.