The Annual Meeting for the 2017 business year will be held on Thursday, March 22, 2018 at our Dallas Branch (7508 Ferguson Rd. Dallas, TX 75228). The meeting will begin at 6:00 pm. We encourage all Members to join us and exercise their right to vote! Door prizes and refreshments will be provided.
Official Board Nominations & Election Procedures
Lone Star Credit Union bylaws provide for the election of four positions on the Board of Directors by mail ballot prior to the Annual Meeting. The Nominating Committee has selected one candidate for each of the four open positions. The selected candidates are Jerry Clancy, Kim Marszalek, Wayne Price, and Jack Smith (see biographical information below).
Wayne Price, Chairman – Member Since 1976
Wayne began his volunteer work with the credit union as a member of the Supervisory Committee and has served on the Board of Directors since 1994. He graduated from Dallas Baptist College with a Bachelor of Business Administration Degree in Accounting. Wayne is a Vietnam Veteran and served with the 25th Infantry Division, and was awarded both the Bronze Star and Army Commendation Medals. He has previously worked as a manager in both the Accounting and Gas Measurement departments of the former Lone Star Gas Company. Wayne currently enjoys his career as a Gas Coordinator at Atmos Energy Corporation.
“I really enjoy the camaraderie, cohesiveness, and diversity of our board and executive staff. We all work together well to ensure the success of LSCU and our members. It is my pleasure to serve with such a dedicated and fine group of professionals.”
Jerry Clancy, Treasurer – Member Since 1968
Jerry began his story at LSCU 48 years ago, when LSCU served the employees of Lone Star Gas Company. Jerry transferred to the credit union from the Gas Supply Department, has held various positions from collector to Executive Vice President, and was named President in 1993. He was elected to the LSCU Board of Directors that same year and continues to enjoy serving on the board to this day. Jerry says that his favorite part about his career at LSCU is making a difference in our Members’ lives and working in a place that is pleasant to come to each and every day. Jerry also serves as Treasurer on the Board of Directors of Ferguson Road Initiative.
“I really want our Members to know how grateful I am to them for allowing me to have such a wonderful place to work and people to work with - and for- over the past 48 years.”
Kim Marszalek, Director – Member Since 2014
Kim joined LSCU’s Board of Directors in the fall of 2014. She has been employed by Madix Inc. since 2004, where she currently works as the Corporate Credit Manager. Kim graduated from the University of Texas at Tyler with a degree in finance, and became a member of the Phi Theta Kappa Honor Society. She has served as the Committee Chair and Team Captain for the American Cancer Society’s Relay for Life in Kaufman, as well as a Madix Solicitation Team Member for the Terrell Chamber of Commerce.
“I am excited that I have the chance to support and serve our Members. I look forward to working with the board and helping to make decisions that positively affect all Members.”
Jack Smith, Director – Member Since 2016
Jack became a Member of the LSCU Advisory Board in 2016. Jack has more than 20 years of management, sales, operations, and delivery experience in the technology services industry. Jack has served in various leadership positions and has also been successful at developing other leaders in the IT services space. He has a proven track record of building a go to market strategy, hiring the right team members, and executing the strategy to grow revenue and profits in multiple types of IT services, and geographical regions. Jack co-founded Pure IT Credit Union Services and currently serves as its CEO.
“I enjoy serving on the board, because I get to help advise the board as it relates to information technology, and aligning IT with how to better serve Members. I also enjoy learning about, and being a part of the Credit Union movement. I consider being a part of a non-profit that serves its Members to the best of its abilities, an honor and a privilege.”
Any Member, age 18 or older, interested in being considered for election to the Board of Directors should provide a nomination by petition with the following information:
- His/Her name and LSCU account number
- A complete “Application and Agreement to Serve”
- A petition signed by one percent of LSCU’s membership (approximately 110 Members) accompanied by each Member’s account number.
Nominations must be received no later than February 9, 2018. Mail to Chairman of Nominating Committee, Dr. Graham Sweeney, c/o Lone Star Credit Union, 7508 Ferguson Road, Dallas, TX 75228.
No nominations will be accepted from the floor at the Annual Meeting. Elections will only be held by ballot, if there is more than one candidate for each open position. In the event there are no nominees by petition, the candidates selected by the Nominating Committee will be elected by general consent.
Board of Directors Required Qualifications & Duties
To serve on LSCU’s Board of Directors, you must be willing to:
- Be a Member in good standing of Lone Star Credit Union
- Serve as a volunteer without pay for a three year term
- Become informed on credit union history, bylaws, policies, procedures, budgets, strategies, financial statements, etc.
- Attend regular monthly meetings, occasional special meetings, and training events
- Act as an ambassador for the credit union
To obtain the Application and Agreement to Serve or for more information on the qualifications and/or responsibilities of a board member, please contact Jerry Clancy, LSCU President & CEO, at 214.327.9367.
