2012-03-15 / Business

Catholic Federal CU holds annual meeting


Catholic Federal Credit Union honored Theresa May as the Volunteer of the Year for 2012 at the annual meeting held on Feb. 25. Pictured are, from left to right: Robert Looby, chairman of the board; Theresa May, 2012 Volunteer of the Year; and Alan Watson, president/CEO. Catholic Federal Credit Union honored Theresa May as the Volunteer of the Year for 2012 at the annual meeting held on Feb. 25. Pictured are, from left to right: Robert Looby, chairman of the board; Theresa May, 2012 Volunteer of the Year; and Alan Watson, president/CEO. Catholic Federal Credit Union’s 56th Annual Meeting was held on Saturday, Feb. 25, at The Doubletree Hotel in Bay City. Three board members were up for re-election: Incumbents Chairman Robert J. Looby, Secretary C. Patrick Kaltenbach and Treasurer Jerd A. Clayton. All were re-elected to serve another three year term.

Chairman Looby was honored for his 30 years of outstanding leadership to the credit union as a director, 20 of the years as the chairman of the board. Looby was first appointed to the board of directors in 1982 when the credit union was $20 million in assets. Today it is over $300 million. Looby has been critically important to the strategies that provided this growth with his vision and leadership.

Theresa May was awarded the credit union’s 2012 Volunteer of the Year. May has volunteered on the credit union’s Today & Tomorrow Committee for 16 years. May is a respected and extraordinary role model in the community. She assists in the organization of donations and distributes them to area shelters for people in need.

After the annual meeting a buffet dinner and music and dancing was held for 530 members.

Established in 1956, Catholic Federal Credit Union has offices in Bay City, Essexville, Saginaw and Vassar.

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