Organizational Structure

Board of Directors

A seven-member Board of Directors governs Arizona Central Credit Union. The Board of Directors is made up of credit union members who volunteer their time and experience. Board members are elected by the membership during the annual meeting and serve a two-year term.

Current Board of Directors

Supervisory Committee

The Supervisory Committee watches over members' interests in Arizona Central Credit Union. Each year the committee reviews credit union records to ensure the staff has carried out their duties responsibly and that Arizona Central continues to conform to federal, state, and local laws and regulations. The Board of Directors appoints committee members.

Membership Voting Rights

Primary members of Arizona Central Credit Union are entitled to one vote to elect Board members. Elections are held at the annual meeting, which is typically scheduled in March.

Regulatory Agency

Arizona Central Credit Union is state-chartered and regulated by the Arizona Department of Financial Institutions.

Deposit Insurance

The National Credit Union Share Insurance Fund (NCUSIF) insures savings of at least up to $250,000 per account with additional coverage of up to $250,000 for certain retirement accounts. The NCUSIF is administered by the National Credit Union Administration (NCUA), an agency of the federal government.

As further protection of member funds, an additional bond covers such risks as fraud, theft, robbery, embezzlement and forgery.