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Consumers Credit Union Hosts 90th Annual Meeting

Waukegan, IL January 21, 2020: Consumers Credit Union (CCU; Member-owned; $1.3 Billion, Waukegan, IL) hosts its 90th Annual Meeting on Wednesday, March 11, 2020, at Great Wolf Lodge in Gurnee, IL. The meeting features the election of five (5) Members to the credit union's Board of Directors, along with the awarding of fifteen (15) scholarships, each worth $2,000.00. The scholarships are selected and awarded by Consumers Cooperative Association, CCU's sponsor.

The Annual Meeting kicks off with a welcome from John R. Janezic, CCU's Chairman of the Board, followed by Sean Rathjen's CEO presentation. Sean will provide a recap of the credit union's 2019 financial performance, including a comparison of CCU's performance to that of other financial institutions both locally and nationally, while highlighting significant achievements from the past year. His presentation will also provide a look ahead to plans for the new decade. Members then meet the candidates for the all-volunteer Board of Directors, followed immediately by the Board election. Those unable to attend the Annual Meeting can still have their voices heard by submitting proxy forms, which are available Online at myconsumers.org.

"Consumers Credit Union's Annual Meeting provides an opportunity for Members to meet the credit union's leaders, both at the Board and management level, an opportunity unique to credit unions," said Sean M. Rathjen, CCU's CEO. "Our Members have a clear voice in the election of their Board of Directors in a transparent environment. Members also have an opportunity to mingle among themselves and enjoy a great meal, while the credit union has an opportunity to personally thank them for trusting us with their business."

Nominees for election to the CCU Board of Directors include the following (listed alphabetically by last name, alongside city of residence, with incumbents identified as such (I): Gail Becke, Mundelein, IL; Denise Charts, Libertyville, IL (I); Shawn Clisham, Prospect Heights, IL (I); Scott Drabicki, Vernon Hills, IL (I); John Janezic, Libertyville, IL (I); Jodi Johnson, Mundelein, IL; Spiridoula (Litza) Mavrothalasitis, Chicago, IL (I); Nancy Sgarbossa, Barrington, IL; Natalia Silverman, Palatine, IL; Carol Skarlat, Hawthorn Woods, IL; and Stanley Tinsley, Spring Grove, IL.

"We are very proud to have eleven Members running for our Board of Directors," continued Rathjen. "The large number is a clear indication of a very active Member base, an attribute that helps CCU continue to grow and thrive. We're also excited to join hands with Consumers Cooperative Association as they introduce their fifteen $2,000.00 scholarship winners - a proud moment for students and parents alike." Consumers Cooperative Association will also conduct their Annual Meeting that evening, immediately following CCU's 90th anniversary meeting.

Approximately 300 Members and guests are expected to attend the 90th Annual Meeting at Great Wolf Lodge, 1700 Nations Dr. in Gurnee, IL. Registration begins at 5:30 p.m., with dinner at 6:30 p.m. 2019 Annual Reports will be distributed at the meeting. Tickets are available beginning February 1, 2020 at all CCU Service Centers for $15.00 on a first-come, first-served basis and no tickets will be sold at the door. For information, contact Sean Rathjen, CCU CEO, at (847) 782-4670. Consumers Credit Union is Member-owned with offices in Waukegan, Mundelein, Round Lake Beach, Gurnee, North Waukegan, Volo, Kildeer, Palatine, Schaumburg, Northbrook … and online at myconsumers.org.

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