What is Sioux Valley Co-op Federal Credit Union?
Sioux Valley Co-op Federal Credit Union is a cooperative non-profit financial institution organized to provide its members with a place to save and a source of loans at reasonable rates. SVCFCU is owned and operated by its members. SVCFCU has a Board of Directors that is elected by its members, and has the responsibility to establish policies and procedures that provide sound and effective management of the credit union's operations. Board members serve for a three year term on a volunteer basis. Current board members are: Todd Good (President), Randy Tupper (Vice President), Chad Frensko (Treasurer), Josh Soucy (Secretary), Dan Brenden, Deb Melville, and Don Barrow.
Sioux Valley Co-op Federal Credit Union has a Supervisory Committee, whom is appointed by the Board on an annual basis and serve on a volunteer basis. The Supervisory Committee oversees the performance of the officials, loan officers, and employees, and is responsible for the annual audit, performed by an outside CPA firm. Current Supervisory Members are: Cynthia Brugman (Chairperson), Laurie Conley, and Marcene Rossow.