volunteer
Get involved and help us make a happy un-banking difference!
People’s Trust is a not-for-profit financial cooperative dedicated to meeting the financial needs of our members. As a cooperative, the credit union is owned and governed by its members. Annually, the volunteer Board of Directors is elected by the membership to provide oversight and is responsible for monitoring the ‘activities of management to ensure they are making decisions in the best interest of all members. Unlike for-profit financial institutions, credit unions do not pay the Board of Directors for their service. Instead, dedicated and committed individuals volunteer their time, knowledge, and experience.
The Board of Directors is also responsible for appointing members of the Supervisory Committee who act as the “watch dog” over the organization. Working with the Internal Auditor, the Supervisory Committee is responsible for monitoring the credit union’s compliance with applicable rules, regulations, and laws.
The Board of Directors routinely recruits for individuals that share their passion for excellence in governance and invites all interested members to consider opportunities to share their own unique talents, experiences, and skills in the pursuit of excellence.
Below are the opportunities. The follow provisions are applicable to all volunteer positions:
- Time commitment is subject to change based on committee business.
- Meetings are scheduled at the beginning of each calendar year and are usually held on the same scheduled day/time each month/quarter depending on meeting frequency.
- The credit union President/CEO and the Board Chair are ex-officio members of all boards and committees unless otherwise stated.
Financial Resources Board of managers
People’s Trust Financial Resources offers alternative investments and personal lines of insurance to the credit union’s membership. It exists to strengthen the credit union member’s financial relationship with the credit union by offering products and services at a cost that is competitive to industry. Financial Resources provides information and guidance to assist members in the management of their financial lives with an emphasis on service and long-term value.
Composition
- Credit union’s President/CEO
- One (1) member appointed by the credit union’s Board of Directors
- Up to seven (7) volunteers from the credit union membership
- The credit union’s EVP/CFO serves as the staff liaison for this entity
Time Commitment
- Quarterly meetings averaging 60 to 90 minutes.
- Meetings typically held on the last Wednesday in January, April, July, and October
foundation board of directors
The Board of the People’s Trust Foundation, a 501(c) (3) organization, is primarily responsible for the oversight of the organization and selection of scholarship recipients. The foundation’s mission is to advance financial literacy and economic independence among Houstonians. People’s Trust Foundation awards scholarships to assist incoming freshman and current upper classmen with financial support to continue their educational advancement.
Composition
- Credit union’s President/CEO
- One (1) board member appointed by the credit union’s Board of Directors
- One (1) member of the credit union’s management team,
- One (1) member elected by the foundation’s membership
- Six (6) members from the credit union membership who are appointed by the foundation’s Board of Directors.
Time Commitment
- Quarterly meetings averaging 60 to 90 minutes.
- Meetings typically held on the last Tuesday in January, April, July, and October
- Occasional ad hoc committee meetings for scholarship selection
board governance and development committee
The primary role of the Board Governance and Development Committee is to monitor the Board of Directors Governance Process and seek continuous improvement. The Committee recommends educational opportunities along with establishing the annual training and travel budget recommendation for the Board of Directors.
Composition
- Appointed by the credit union’s Board Chair
- Comprised of Board Members, member volunteers, and a staff liaison
Time Commitment
- Committee meetings every other month
- May include independent work.
- Time commitment is generally estimated to be four (4) to six (6) hours per quarter
board nominating committee
The primary role of the Nominating Committee is to present the
Board of Directors with names of qualified candidates to fill any vacancies on
the credit union Board.
Composition
- Appointed by the credit union’s Board Chair
- Comprised of Board Members, member volunteers, and a staff liaison
Time Commitment
- Three (3) to five (5) meetings per year, typically lasting 30 – 60 minutes and mostly occurring in the fall
board volunteer recruitment committee
The primary role of the Volunteer Recruitment Committee is to identify and recruit qualified candidates to fill any vacancies on Board of Directors committees, the Financial Resources Board, and the Foundation Board. The Committee is responsible for collecting and maintaining information on potential volunteers and submitting the qualified candidates to the Board of Directors of the credit union for consideration.
Composition
- Appointed by the credit union’s Board Chair
- Comprised of Board Members, member volunteers, and a staff liaison
Time Commitment
- This committee meets as needed.
board community outreach committee
The primary role of the Community Outreach Committee is to interact with the credit union's membership and represent the Board of Directors at sponsored community events. The Committee is also required to attend the credit union's Annual Meeting of the Membership. The Committee is responsible for encouraging all credit union volunteers to participate in various community events and be available to discuss the benefits of People's Trust.
Composition
- Appointed by the credit union’s Board Chair
- Comprised of Board Members, member volunteers, and a staff liaison
Time Commitment
- Quarterly meetings typically lasting 30 – 60 minutes
