Affinity Federal Credit Union

Affinity exists to improve the financial lives of our members and the communities we serve.

Board of Director Position Description

Summary

The Affinity Federal Credit Union (Affinity or AFCU) Board of Directors is directly accountable to the membership of Affinity its stakeholders: members, staff, strategic partners and the communities we serve. As a member of the board, a director acts in a position of public trust and stewardship for the assets of Affinity. Every Director is responsible for the effective governance and strategic thought leadership of the organization.

Board of Director Responsibilities

Governance & Leadership

Directors are accountable for upholding fiduciary responsibilities and ensuring effective governance of the credit union.

• Uphold fiduciary duties of care, loyalty, obedience, and confidentiality as outlined by NCUA Regulation 701.4
• Attend monthly Board meetings (typically held on the 4th Thursday of each month, either virtually or in person)
• Approve annual budget and review major policy and strategy proposals
• Review and approve Board-level policies; evaluate organizational performance through dashboards, scorecards, and audit/exam results
• Ensure compliance with all applicable laws, regulations, and ethical standards
• Actively monitor enterprise risk, financial controls, and compliance systems

Strategic Direction

Directors help define and guide AFCU’s long-term strategic priorities.

• Collaborate with the CEO and senior leadership in setting AFCU’s mission, vision, and strategic direction
• Engage in strategic planning and regularly monitor progress against key success indicators
• Stay informed on industry and market trends, consumer needs, and the evolving financial services landscape
• Encourage innovation while aligning with the credit union’s member-first approach

CEO Oversight

Directors partner with and provide oversight of the CEO to ensure alignment with AFCU’s vision.

• Participate in the recruitment, selection, and regular evaluation of the CEO
• Collaborate with the CEO to define measurable goals and desired outcomes
• Maintain ongoing communication and alignment on strategic priorities and performance
• Conduct annual performance assessment based on agreed-upon objectives

Member & Community Representation

Board members serve as ambassadors for the credit union and its values.

• Use AFCU products and services to remain informed and connected to the member experience
• Represent and advocate for AFCU in your professional and personal networks
• Promote financial wellness, member engagement, and the value of credit union membership
• Attend community and member events and support strategic partnerships when possible

Board Engagement & Participation

Board members are expected to be prepared, present, and participatory.

• Prepare for and attend all scheduled board and committee meetings
• Actively contribute during meetings and provide thoughtful, mission-driven input
• Participate in Board self-assessments and peer feedback processes
• Complete initial training within 1 year of election, including NCUA-required education and AFCU’s internal Director Education Plan
• Participate in ongoing learning opportunities to stay informed on governance, risk, and the credit union movement

Qualifications & Experience

• Member in good standing of AFCU
• Demonstrated leadership or governance experience; prior volunteer service preferred
• Minimum 5 years of professional experience in relevant areas such as business, finance, legal, compliance, risk, HR, marketing or technology
• Bachelor’s degree or equivalent combination of education and experience
• Strong interpersonal and communication skills
• Technologically proficient and comfortable with remote platforms
• Bondable; with good credit standing and no material conflicts of interest

Values & Attributes of an AFCU Director

• Demonstrates commitment to AFCU’s mission, values, and member well-being
• Engages respectfully in robust discussions, while supporting consensus and collective decisions
• Exercises strategic thinking and informed judgement
• Brings curiosity, emotional intelligence, and adaptability to evolving governance needs
• Upholds ethics, transparency, and a service-first mindset