Page 3 - West Virginia FCU Fall 2017 Newsletter

2018 Board of Director Nominations

Members interested in becoming a Board of Director Candi- Jim Hansen (Incumbent)
date were asked to submit a brief description of their quali-
fications for consideration as specified in the 2017 Summer Jim is currently Secretary of the West
Newsletter. The eligible candidates, together with a brief Virginia Federal Credit Union Board
statement of their qualifications and biographical data, is of Directors and in the past has held
shown to the right. several positions on the Board. He has
The candidates for each office receiving the greatest num- served as a dedicated volunteer since
ber of votes will be elected to fill such vacancies for offices 1998, and has been a member of the
as they exist at the time of elections. Unless vacancies oc- credit union since 1974. He retired
cur before the election, all vacancies will be three-year term from The Dow Chemical Company/
positions. Nominations for vacancies of the Board of Direc- Union Carbide Corporation in 2001
tors may also be made by petition signed by at least 600 with 28 years of service. He worked in
current WVFCU Members in good standing. Such petitions the Applied Statistics Group promoting
must be filed with the WVFCU Secretary and must contain the use of statistical thinking and data based decision making.
the printed name, signature and WVFCU member number He is a graduate of Montana State University with a Ph.D. in
of all members supporting the candidate. statistics. Jim is active in his church, the father of three children
There must be filed with each such petition for nomination: and is a proud grandfather of seven.

a) A signed statement from each nominee by petition Michael Black (Incumbent)
that he or she is agreeable to nomination and will
serve on the WVFCU Board of Directors if elected Michael has served West Virginia
to office. residents and businesses in the area
of Insurance and Financial Planning
b) A brief statement of qualifications and biographical since 1999. He is a licensed Financial
data as to each nominee by petition. Advisor with a Finance Degree from
Mount Vernon Nazarene University
The closing date for receiving nominations by petitions shall be and a Master’s Degree in Executive
4:30 p.m., Friday, November 30, 2017. The WVFCU Election Management from Ashland University.
will be conducted in accordance with Article V, Option A4 of He is proficient at discovering and
the bylaws. At present, the West Virginia Federal Credit Union addressing the needs of individuals
2018 Annual Meeting Election for Board of Directors will be and businesses in all areas of insur-
conducted by electronic ballot if necessary. If a qualified nom- ance and financial planning. He is active in the community
ination(s) by petition is (are) made by the November 30, 2017 and is also an Adjunct Faculty Professor for Indiana Wesleyan
deadline, the West Virginia Federal Credit Union membership University and University of Charleston. He loves riding dirt
will be notified of the voting procedures as disclosed in the bikes, running, and spending time with his family. Michael has
WVFCU Winter Newsletter. volunteered his time in a leadership role as a WVFCU Board of
Submitted by Jim Hansen, Secretary Director since 2012.

West Virginia Federal Credit Union is pleased to introduce CardValet®, a mo-
bile card management application that helps reduce account fraud by allow-
ing cardholders to monitor accounts with their smartphone and control how,
when and where their debit card is used.

CardValet was developed in partnership with Fiserv and is available in the
Apple® App Store or Google® Play. Once CardValet is set up, cardholders have the ability to “turn off” their card when not in use, establish transaction spending
limits and decline a transaction when the amount exceeds a predefined threshold.

Real-time smartphone alerts can be customized based on the types of information each cardholder would like to receive. For example, a cardholder can set up
an alert to be notified when a card is used, when a transaction is approved and exceeds any of the permitted use policies, or when a card transaction has been
attempted but has been declined based on the parameters established.

CardValet offers cardholders the capability of linking additional accounts to better monitor dependent spending. So, by using the GPS system in their smart phone,
geographic use restrictions can be established for college students along with restrictions on merchant type and spending limits.

CardValet is also ideal for small businesses. All transactions can be monitored or controlled for specific merchant categories, such as travel, restaurants or enter-
tainment, and can be denied or reported for types of merchants deemed not business related.

“CardValet is ideal for users who want to actively manage their cards. CardValet’s inventive and thoughtful approach to card management makes the user expe-
rience as easy as possible,” said West Virginia Federa name and title]. “We are excited to offer this tool to our cardholders! Not only is CardValet user-friendly and
convenient, but it will aide in our continued efforts to prevent fraud and identity theft for our cardholders.”