News

Nominees to Fill Open Positions for 2010 Board of Directors

The Nominating Committee has completed their application review process of candidates applying for the three open Board of Directors positions, each for a three-year term, commencing on March 3, 2010.

Members of the Nominating Committee appointed to consider all eligible applicants and select three candidates were: George Berry, Chairman; Larry Myers, Vice Chairman; Linda Fountain, Member; Everett Garrett, Member; and Janell Ussery, Member.

The Committee nominated the following three candidates whose names are presented in alphabetical order: Michael Cascone, Lawrence R. Jacobs, and Bobby Waldrup, Ph.D.

There will be no election conducted by ballot and no nominations from the floor when there is only one nominee for each position to be filled. Nominations for vacancies may also be made by qualified petition starting on September 30, 2009.

Criteria to Qualify by Petition: Members interested in becoming candidates may now utilize the petition method. Qualified petitioners must be a member first named on the account; at least 21 years of age, willing to serve in a volunteer capacity and available to attend monthly meetings (held in Jacksonville, Florida).

All completed applications, biographical information and petitions containing signatures and account numbers of 500 eligible VyStar members must be received by the Chairman, Supervisory Committee; P.O. Box 7417; Jacksonville, FL 32238, no later than 5 p.m. (EST) on November 24, 2009 to be validated. Official applications and petition forms may be obtained by clicking here or from the branches.

If no other candidates qualify by petition, the three open positions will be filled as selected by the Nominating Committee and will be formally announced at the 2010 Annual Meeting to be held on March 3, 2010, at 5 p.m. (EST) at VyStar Credit Union's Corporate Headquarters.

Lawrence R. Jacobs - Naval Career in personnel and administration. Employed in Jax Navy FCU/VyStar CU in various management positions. Currently serving as member on VyStar Board and as Chairman, VyStar Financial Group. Previously served as Chairman of VyStar and as Treasurer. Holds BS in Sociology, with major studies in business and accounting.

Michael Cascone - I have been involved in credit unions for 57+ years. Served JNFCU/VyStar in all Board Chair positions, 6 years as Chairman, as Chairman/member of all Committees. Chairman of NACUC for 3 years. Attended many CU conferences, seminars and completed FCUL educational programs. Served as Keyman for chartering JNFCU and many years as CO’s Representative. Member of FCUL Hall of Fame, DCUC Hall of Honor, 2nd CU Pioneer of the Year. Hold account No. 1.

Bobby Waldrup, Ph.D. - As a current VyStar Board member, I believe that I am uniquely qualified to contribute to the future success of the organization for the benefit of the membership. The current economic environment requires both credit union experience and a progressive outlook in managing the members’ assets, and I believe that I possess both of these qualities.