FCCU holds annual meeting
President/CEO Steve Schmitz, FCCU Board of Directors President Owen Olson and Chief Financial Officer Sean Rinkenberger all spoke at the meeting.
First Community Credit Union held its 83rd annual meeting March 15. President/CEO Steve Schmitz, FCCU Board of Directors President Owen Olson and Chief Financial Officer Sean Rinkenberger all spoke at the meeting with about 100 members, board of directors and staff in attendance.
Schmitz said FCCU has had continued growth and throughout much uncertainty, FCCU remains financially strong. Assets grew to $1.06 billion at the end of the year, exceeding the billion-dollar mark for the first time in history last March.
Three positions on FCCU's Board of Directors were filled at the meeting by Mark Watne, Douglas Kalianoff and Owen Olson. They will all serve a three-year term.
Kalianoff, a first-time board member who resides in Fargo, served on the BEK Communications board for 18 years, three of which he was the board president. He has a strong agricultural background and owned his own business for more than 25 years, FCCU said.
Dayne Headland retired from FCCU's Board of Directors after nearly 30 years of service.