Every year the Century Federal Credit Union membership meets to review the prior year's financial statement and go over new products or services. There is a free dinner and a free gift before the meeting with raffle prizes during the meeting. Also during the meeting, there may be an election for three (3) board member's positions, as there are nine (9) seats and each term is for three years. Should there be only one person nominated for each open seat, the election does not take place.
When is the Century Federal Annual Meeting?
The 2018 Annual Meeting will take place on Thursday, March 29. The doors open at 4:00 p.m. for members to sign-in, obtain their ticket (to get their free gift, their ballot, and enter the raffle drawing), and visit the Century Federal informational tables. Dinner is served at 5:00pm. At 6:00pm the actual meeting is called to order and usually lasts 60-90 minutes.
Where is the Century Federal Annual Meeting held?
The 2018 Annual Meeting will be held at the Donauschwaben German Club. It is located at 7370 Columbia Road, Olmsted Falls OH, 44138.
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 required by the National Credit Union Administration, as the membership owns the credit union. Unlike banks or that are owned by the stockholders, every member age 16 and over who has $5.00 in their share account (which is the required membership fee) is eligible to vote. Every member who is 18 and over is eligible to become a board member or other volunteer position at the credit union. Employees and their family members are not eligible to become a volunteer of the board or sit on any committee.
Members who wish to be nominated for the board through the Nominating Committee must return required documentation by December 1, 2017.
Members who still wish to run for the Board of Directors, but miss the Nominating Committee's deadline date of December 1, can be added to the ballot with a petition of at least 25 member signatures. The deadline date for receipt of petitions is January 15, 2018.
If you are interested in running for the Board of Directors download and complete the Century Federal-Board-Election-Regulation-2018 document or contact Gwen Dillingham at 216-535-3137 for an information packet or submit your request by mail to:
Century Federal Credit Union
1240 East Ninth Street, Room 719
Cleveland, OH 44199
The 2018 Board of Directors Nominees Include:
This year three board member positions are up for re-election. The three incumbents are currently running, unopposed. Please note that any write-in nominations for candidacy are due by January, 15, 2018 and will be added to this list once received. If no additional nominations are submitted by the due date, the three nominees will be automatically re-elected.
Kristina Beletic, CPA (Incumbent)
Mrs. Beletic currently serves as Treasurer for the Board of Directors at Century Federal Credit Union after first being appointed in March 2011. She is currently a member of Century Federal’s Budget & Finance Committee and previously served on the Human Resources Committee. Mrs. Beletic holds a B.B.A in Accounting from Kent State University and is a Certified Public Accountant with over 23 years of financial experience. Mrs. Beletic’s fulltime position is Manager of Laboratory Business Operations for the Robert J. Tomsich Pathology & Laboratory Medicine Institute at Cleveland Clinic, responsible for all aspects of Laboratory billing and coding operations.
Mrs. Beletic looks forward to serving another term to help ensure Century Federal’s continued growth and financial health, while promoting competitive loans rates, new technology and quality services to our members and the next generations to come.
She lives in Willoughby, Ohio with her husband, Tony, and daughters, Isabella and Olivia.
Richard J. French (Incumbent)
Mr. French is seeking re-election as a Director. He has been a Director for approximately 30 years and has served as Chairman, Vice-Chairman and Secretary during his time on the Board. Mr. French graduated from John Carroll University and Cleveland Marshall Law School. He was employed as an Assistant U.S. Attorney from 1974 – 2009 and was Chief of the Financial Litigation Unit and Deputy Chief of the Civil Division. He is currently self-employed as an attorney.
Mr. French’s goal is the same as the Century Federal Credit Union Mission Statement; to provide our members with an array of secure, accurate and competitive financial services in the most efficient manner possible at the lowest cost possible. He is currently Chair of the Human Resources Committee.
Mr. French and his wife Joan live in Lakewood and have been members of the Century Federal Credit Union for over 35 years.
Robert F. Spada (Incumbent)
Mr. Spada became associated with Century Federal over 40 years ago. He was also an IRS Agent and volunteered as an Audit Committee Member. He was then appointed as the Chairman of the Supervisory Committee and was later elected to serve on the Board of Directors for 6 years. He was most recently elected to the Board in 2015. After leaving Federal Government Service and being self-employed with an accounting firm, he served as Century Federal’s General Manager for almost a year while a search was on for a new manager (now known as the CEO). He is a U.S. Army veteran, has a BBA in Accounting and an MBS in Systems Management.
Mr. Spada has been a Century Federal member since his paper route as a young man and saved money each week after church. He encourages others to promote thrift and sound financial management as a credit union member. He has also supported credit union legislation while a member of the Ohio Senate.
He is currently retired and resides, with his wife Mary, in N. Royalton.
Annual Meeting Archives:
2017 Annual Meeting Recap
2016 Annual Meeting recap