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Board of Director petitions due February 1According to the bylaws of Arizona Federal, members who have joined the credit union by December 31, 2007, are eligible to run for election to the Board of Directors. Candidates may be selected by a nominating committee or by submitting a petition signed by at least 500 Arizona Federal members. Biographical information on nominees selected as of December 31, 2006, is printed below. For petition information, call (602) 683-1032. The deadline for submitting a petition is February 1, 2008. Cathleen Gleason* Cathleen Gleason has been an Arizona Federal member for almost 30 years and has served on the Board of Directors since 1998. She has a Bachelor of Science in Business Administration and a Master of Arts in Public Administration from Arizona State University. Cathleen has worked for the City of Phoenix for 25 years, and is currently a Deputy Director in the Budget and Research Department. Her responsibilities include revenue estimates, long-range forecasts and expenditure reviews for the city’s annual operating budget of $3.6 billion. In addition to her regular duties, Cathleen serves as Board Chair for the City of Phoenix Employees Retirement System with current assets of more than $1.9 billion. During Cathleen’s tenure on Arizona Federal’s Board of Directors, the credit union has grown from 14 to 26 branches and has significantly enhanced electronic services including CU Online and Bill Pay. We have also added new ATM networks so members now have access to more than 57,000 no-fee ATMs nationwide. These improvements provide members with additional options for convenient access to services. If re-elected, Cathleen will work hard to ensure that Arizona Federal continues to offer members competitive loan and dividend rates along with high quality services at minimal cost. The safety and soundness of members’ deposits is the foundation for Arizona Federal’s continued success. Roy Levenda* A member of Arizona Federal since 1984, Roy Levenda has served on the Board of Directors for thirteen years, following four years on the Supervisory Committee. His Board duties have included Vice Chairman and service on the Personnel, Finance and Executive committees. Roy was employed by the City of Glendale Fire Department for 27 years and served as the Assistant Fire Chief for 13 years, and now works in the private sector. While serving members of Arizona Federal throughout the Valley and Tucson, he has also championed the enhancement of member services throughout Maricopa County and the Tucson area with new branch locations in Phoenix, Gilbert, Mesa and Buckeye and Wal-Mart In-store branches with extended hours. If re-elected to the Board, Roy says that he will continue in his commitment to making Arizona Federal the best financial institution for all its members, including new members in the new Maricopa County and Tucson community charters. He will continue to strive for more convenient branches and member services such as evening and Saturday hours, more ATMs, enhanced home and shared branching, while maintaining the day-to-day basic services. Roy’s goals also include continued teamwork with Board members and credit union staff providing smart and careful planning, “a must to ensure the safety and soundness of Arizona Federal.” Jack Thomas* An Arizona Federal member for 41 years, Jack Thomas has served on the Board of Directors since 1993. He recently completed 3 years as the Board Chairman and has previously served as the Board’s Vice-Chairman, Treasurer and Secretary. He also serves on a National Association Ad-Hoc Committee supporting board/member services. Jack, a graduate of Arizona State University, also holds a CCP National Certification in Computer Sciences. In his 32-year career with the City of Phoenix, Jack served as Deputy Director of the Information Technology Department. Jack continues to be committed to improvements in member benefits and services. During his tenure, Arizona Federal has paid millions of dollars ($10 million in 2006 alone) back to members in interest rebates and bonus dividends, while consistently achieving the highest possible rating from Federal and independent auditors for safety and soundness. He championed the implementation and enhancements of CU Online, providing 24-hour account access, while also seeking improvements with more conveniently located branches, no-cost ATMs, expanded weekend hours and Members’ Auto Center which provides significant savings in purchasing automobiles. Many other services like the 24-hour loan line, Insurance Services, Investment Services, and the Education Center have also been implemented with Jack’s support, along with employee development programs all vital to providing great member services. If re-elected, Jack will stress continued safe financial management while also focusing on further improvements to meet member needs, competitive loan and savings rates and providing the direct personal services every member deserves. E. Lee Jacquette Lee Jacquette, who has lived and worked in Arizona for most of the past 30 years, is an independent local investment consultant, volunteer community leader, and former bank executive. If elected, this would be his first service on the Arizona Federal board. But Lee is no stranger to credit union policies and issues, having taught his students about them in his finance courses while a faculty member at ASU and, earlier, at other universities in the East. In the course of his career, he has been chief executive officer of Arizona Commerce Bank, a statewide financial institution headquartered in Tucson, and chief financial officer of The Arizona Bank/Security Pacific. Between banking assignments, he held the post of chief financial officer at three major endowments: Northern California’s Marin Community Foundation, The Flinn Foundation of Arizona and the Carnegie Foundations in New York. Lee has long been active in civic and public-service assignments. He is a former chairman of the board of (1) Arizona State Retirement System, (2) Investor Responsibility Research Center, and (3) Phoenix Urban League. His other board affiliations have included Arizona Community Foundation, Southern Education Foundation, Arizona Bridge to Independent Living, and Alliance Bond Fund. A prolific writer, he is the author of dozens of published articles on financial and non-financial subjects, and is a former editor-in-chief of nationally distributed monthly banking newsletters published by Warren, Gorham & Lamont. Lee indicates he would be pleased and honored by election to the board. This would, he says, give him the chance to share his experience, perspective, judgment ... and droll humor. *denotes incumbent |
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Edited by Jeff Thomason, Kristin Leabo and Besma Bihnam
