Loyal to our mission

The 88th Annual Meeting of Via Credit Union was held virtually at the South Branch (4505 S. Adams Street) in Marion, Indiana on Saturday, April 20, 2024. A welcome was given by Board Chairman, Clyde Thornell. He mentioned that the full annual report is available for everyone on our website at:  www.viacu.org/pdf/AnnualReport.pdf. Full biographies for each of this year’s nominees were included in the Notification of Annual Meeting in February, 2024.

The Business Meeting was called to order by Chairman Thornell at noon. It was determined by the Secretary that a quorum was present. Those in attendance at the meeting were:  Clyde Thornell, Cindy Kohlmorgen, John Lightle, Lori Fiene, Debbie Parrie, Michelle Peterson, Georgette Miller, Christy Burbank,  Deleane Solomon, Karen Mitchener,  Jennifer Alexander, Janet Shanks, Valerie McHarry, Taha Boles,  John Velasquez, Susan Waggoner and Beth Fitzjarrald.

Deleane Solomon made a motion to accept the minutes from the 87th Annual Meeting as printed and distributed. A second was made by John Lightle and the motion carried.

John Lightle made a motion and called for the “Report to the Membership” from the CEO, the “Supervisory Committee Report” and the “Report of the Board of Directors”. This was seconded by Deleane Solomon and the motion passed.

Chair, Clyde Thornell called for any unfinished business and there was none.

There was then a call for new business by Chairman Thornell and there was none.

The Nominating Committee has nominated one member for each of the three (3) Board of Director vacancies and one member for the one (1) Supervisory Committee vacancy. A notice for nominees by petition was mailed to the membership in February. The Secretary received no nominations by petition. Due to having only one candidate for each position, the Board Chairman declared each nominee elected by general consent. The elected members of the Board of Directors are:  Cindy Kohlmorgen, John Lightle and Valerie McHarry each for a three-year term. The elected member of the Supervisory Committee is Doug Bryant for a three-year term.  Chair Thornell thanked the Board members for their willingness to serve. He also went on to thank the members of the Nominating Committee for their service. These members are:  Greg Maurer (Chair), Butch Shockey and John Lightle. 

Chair Thornell called for any other business to come before this assembly.  There was none.

Chairman Thornell also recognized the “carry-over” members of the Board of Directors and the Supervisory Committee. These Board members include Greg Maurer, Deleane Solomon, John Velasquez and himself. Supervisory Committee members are:  Jerry Showalter and Dwight Ott. Also thanked for their service were the Board of Directors for the Credit Union Service Organization, ViaFinancial Group, LLC. These members include:  Dan Brauchler (chairman), Jack Shaffner (Vice-Chairman), Cindy Kohlmorgen (Secretary/Treasurer), Dick Kibbey and Cathy Moritz.

CEO, Cindy Kohlmorgen gave brief remarks mentioning that ViaCU has grown not only financially but also in membership numbers during the last year. She then went on to recognize the following employees, who reached milestone work anniversaries during the past year:

Cindy also went on to acknowledge our new hires since the last annual meeting, they are:  Tyler Gleason, Madison Roberson, Utonda DuBois, Kimberly Randles, Jory Casillas, Paul Vinco, Dawn Zoda, Sara Meacham, Dona Clark, Alexis Leach, Jen Smith and Cailey Staggs.

Chair Thornell gave closing remarks and recognized Samantha Bacon (Graphic Designer) for the theme and design of the Annual Report this year.  

Chair, Clyde Thornell then declared the meeting adjourned at 12:05 pm.
 

John Velasquez
Board Secretary

The Supervisory Committee is responsible for making sure that the credit union’s financial records are in order and that internal controls are in place to protect the assets of the credit union and its members. The committee does this by making sure an annual audit is conducted and by making sure internal controls are tested regularly.

The specific activities of the supervisory committee utilized in accomplishing these responsibilities include, but are not limited to: hiring and working with an external audit firm, reporting audit findings to the Board, verifying closed accounts, conducting cash counts, monitoring employees’ and Board members’ loans, monitoring Board actions, reviewing dormant accounts, and reviewing internal controls.

In fulfilling these responsibilities, the Supervisory Committee works closely with Via Credit Union’s Internal Auditor.

Forvis, LLP performed an audit of the consolidated financial statements of Via Credit Union as of and for the year ended December 31, 2023. As a result, they issued an unmodified (or “clean”) opinion dated April 26, 2024, as to whether the consolidated financial statements of the Credit Union, as of and for the year ended December 31, 2023, are fairly presented in all material respects.

Forvis, LLP has been retained to perform the audit as of and for the year ended December 31, 2024.

Members of Via Credit Union may contact the Supervisory Committee at P.O. Box 613, Marion, Indiana 46952-0613 to voice any concerns and questions regarding the operation of the credit union.

Jerry Showalter, Chair
Dwight Ott, Member
Doug Bryant, Member

As of December 31, 2024