Annual Business Meeting
Each year, Signal Financial Federal Credit Union holds an Annual Business Meeting in accordance with our bylaws in order to update members on the status and health of their credit union, review old and address new business items, and announce newly elected or re-elected volunteers to serve on the Board of Directors.
All members are invited to attend the 2024 Annual Meeting.
April 25, 2024, 6:00 pm ET
Please e-mail Roger Berry at rberry@signalfinancialfcu.org to RSVP.
Board of Directors Election
In accordance with National Credit Union Administration (NCUA) election procedures, each year the Signal Financial Board of Directors appoints a Nominating Committee to administer the election for open Board positions.
Any candidate not selected to run by the Nominating Committee has the option of running by petition by obtaining the authorized signatures of one percent (1%) of the total Signal Financial membership (239 as of 09/30/23). For the purpose of verification, these authorized signatures must be accompanied by the member’s printed name and address. Nominations by Petition must be received no later than February 16, 2024. If no Nominations by Petition are submitted by February 16, 2024, the election will not take place. If one or more Nominations by Petition are submitted, voting will be conducted by mail.
Board of Director Candidates
For the 2024 Election, there will be three (3) incumbent positions under consideration. The Nominating Committee has reviewed all applications for these positions and has nominated the following applicants based upon their qualifications:
Andy Mekelburg, Chair
Andy has been a Signal Financial member for 45 years. He joined the volunteer family in 1982 as a Member of the Supervisory Committee and rose to be Chairman of the Committee. Elected to the Board in 1985. First elected Chairman of the Board in 1987. Previously, he served as Vice Chairman and Chairman of the following board committees: Member Service, Human Resources, Information Technology and Financial Performance.
Andy retired from his position as President of Positive Outlook Associates, a Washington-focused strategic advisory group. Prior to that, he worked as Vice President of Federal Government Relations for Verizon Communications, responsible for non-telecommunications legislation, such as health care and labor policy. He began his career with Verizon’s predecessors in its Accounting Department, including serving as the corporate accounting manager. In 1991, he was chosen to be a Brookings Institution Congressional Fellow, working in the office of Rep. Amo Houghton (R-NY) for two years.
He earned a Bachelor’s degree in Accounting from Georgetown University and a Master’s degree in Telecommunications Policy from the George Washington University.
Andy currently resides in Clear Spring, MD with his wife Linda.
Mary McCormick, Treasurer
Mary has been a Signal Financial member for over 35 years and has been a volunteer for the past 33 years. She joined the Board 31 years ago. She currently serves as the Treasurer and has served in the past as Vice Chair, Secretary and Chair of the following committees: Supervisory, ALCO, Human Resources, Member Service, Volunteer Education, Business Loan and Nominating.
She has attended numerous seminars sponsored by the Credit Union Executive Society, the Credit Union National Association, The World Council of Credit Unions and the National Association of Federal Credit Unions.
Mary graduated from Mt. St. Mary’s University with a Degree in Accounting and is a Certified Public Accountant (CPA). She is a member of the ALCO, Executive and Human Resources Committees. Mary retired from Verizon after 23 years working in several accounting positions.
Mary lives in Kensington, MD, with her husband Pat.
Frank Qualls, Director
Frank has been a Signal Financial member for more than 36 years and has served in a number of volunteer positions at the credit union, including serving as a member of the Supervisory Committee and serving three years on the ALCO and Business Loan Committee, which he chairs. He was also appointed to the Board of Directors in the spring of 2022. His prior personal knowledge and experience in finance was acquired and harvest through managing various equity investment portfolios and household budgets.
Since joining the Board of Directors, he has broadened his financial knowledge to better serve on select committees by enrolling and completing courses at the Banking Administrative Institute (BAI). He has taken BAI courses on credit union board functions, various laws governing credit and attended workshops at financial literacy conferences. Frank is honored to serve his fellow members as a volunteer leader.
