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Recent News & Alerts

Annual Meeting – April 15, 2020

The Capitol View Credit Union annual meeting will be held on Wednesday, April 15, 2020 at the Urbandale Golf & Country Club located at 4000 86th St, Urbandale, IA. Tickets will be required for this years event and a pizza buffet will be included. Doors will open at 5pm to get checked in and vote. The business meeting will start at 6pm, followed by drawings for cash prizes.

If you are unable to attend the annual meeting, absentee ballots will be available beginning the week of February 10, 2020. Contact the credit union office for an absentee ballot for this year’s board member elections.

Stay tuned for when tickets will be available for purchase.
Help us celebrate 76 years of service.

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Board Member Elections

Every year Capitol View Credit Union holds elections for our board of directors. This year there will be three seats elected which will each serve three year terms. The election will be held at the annual meeting on Wednesday, April 15, 2019 at the Urbandale Golf & Country Club.

As of Jan 7, 2020, members running for the board include Stacey Brown (UPDATE: Stacey Brown withdrew her nomination on 1/15), Carl Martin*, Justin Willier*, and Matt McCormick* (* denotes incumbent). While the nominating committee is no longer accepting nominations, they will be accepted by petition to the Board Secretary, Lisa Kolontar, until January 24, 2020. There will be no nominations from the floor at the annual meeting.

Beginning the week of February 10, 2020, members may request an absentee ballot if they cannot attend the meeting and vote in person. You may email cvcu@capview.com, visit our office in person, or call us at 515-348-8350 to request an absentee ballot. All absentee ballots must be received by the election committee not later than April 3, 2020 in order to be considered valid.

Please take the opportunity to have a say in your credit union’s leadership by considering becoming a candidate. If you have any questions regarding the board member election please email Brent at brentk@capview.com.

Contact information for the board secretary will be available soon through the office or our website.

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Iowa Credit Union Foundation Warren A. Morrow Memorial Scholarship

This scholarship is for high school and post high school students who will be attending or are currently enrolled in higher education. The application deadline is Friday, February 7, 2020 at 5:00 PM. In 500 words or less, please answer the following question:

Credit Unions are financial cooperatives that operate from the philosophy of “people helping people.” Service to members and the community is an integral part of the credit union difference. Share how your credit union demonstrates the people helping people philosophy in action. Also, share an experience of when you contributed your time and/or talents in the community and what you learned from that experience.
Visit www.IowaCreditUnionFoundation.org for the scholarship rules. Incomplete, paper or late applications will not be considered. Applicants must be a current member (not just their parent) of an Iowa credit union. Winners will be notified in April, 2020 and their names will be posted to www.IowaCreditUnionFoundation.org.

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Quarterly Staff Column: “Should I Be Preparing For A Recession?”

    People have been hypothesizing about the probabilities of another recession occurring in the coming months and years. Like the weather, a recession can be difficult to predict with certainty. Some cite ongoing trade wars, inverted yield curves, and sluggish world economic growth as early bell weathers. On the other hand, we have continued to see surprisingly strong jobs numbers in recent months. So, what should we expect?

Without a crystal ball there is no way to answer that question with certainty. However, as my years in scouting taught me, it’s always best to “be prepared”. Forbes recently published an article listing seven things you should do to prepare yourself for a recession. They detail:

    • Make Sure Your Loved Ones Are Taken Care Of
    • Top Up Your Emergency Fund
    • Find Easy Ways To Cut Your Overhead Costs
    • Supplement Your Income
    • Pay Down High Interest Debt
    • Keep Investing
    • Boost Your Credit Score

The article offers some valuable advice during any economy. While we don’t know what the economy will have in store, we can take steps on our own to protect our own financial well being.

Click here to check out the Forbes article for yourself.

Benjamin Sheridan
Assistant Manager