2025 Annual Meeting Minutes

1. The 77th Annual Meeting of Keesler Federal Credit Union was called to order at the Courtyard Marriot, Beach Front, Gulfport by Chairman James Hollingsworth at 6:58 p.m. on March 27, 2025.
2. Those KFCU team members who are no longer with us were recognized: Tina Spencer, Payroll & Benefits Administrator and Jamie DeJurnett, Construction Loan Specialist.
3. Chairman Hollingsworth introduced the board of directors: James Hollingsworth, Chairman of the Board; Jamie Perronne, Vice Chairman; Cynthia Payne Childers, Treasurer; Melanie Williamson, Secretary; Josie King, Director; David Ford, Director; Tony Taylor, Director.
4. Fraud presentation by Marion Hood, Financial Crimes and Loss Mitigation Advisory Officer and Stefanie Moran, Director - Integrated Security and Resilience – Protecting Your Finances: The Top 6 Financial Fraud Risks in 2025.
5. Secretary, Melanie Williamson, reported a quorum was present.
6. Attorney Billy Guice was appointed Parliamentarian.
7. Tony Taylor made a motion to accept the Minutes as they appeared in the printed Annual Report for 2024; seconded by David Ford; motion carried.
8. Chairman Hollingsworth presented the 76th Annual Report of the Board of Directors. A motion to accept the report was made by Nell Schmidt; seconded by Josie King; motion carried.
9. Chairman Hollingsworth introduced the members of the Supervisory Committee: Allen Micksch, Chairman; Tony Taylor, Member and James Kirkendall, Member.
10. Allen Micksch presented the Supervisory Committee’s Report on behalf of the Supervisory Committee. A motion was made by Tony Taylor to accept the Supervisory Committee’s Report; seconded by Chuck Johnson; motion carried.
11. Cynthia Childers, Treasurer; presented the Treasurer’s Report and Loan Statistics. A motion was made by Drew Foretich to accept the Treasurer’s Report; seconded by Andy Swoger; motion carried.
12. Chairman Hollingsworth confirmed there was no unfinished business.
13. Chairman Hollingsworth indicated new business inputs submitted by email by March 17, 2025, have been addressed and will be available for viewing on the annual meeting website page.
14. Melanie Williamson, Chairman of the Nominating Committee, introduced the Nominating Committee: Melanie Williamson, Josie King, and Tony Taylor. Melanie Williamson presented the report of the Nominating Committee and indicated that Jamie Perronne, Cynthia Childers and David Ford were the nominees. There were no nominations by petition.
15. Chairman Hollingsworth declared since there were no unfilled Board seats, no additional nominations submitted and no nominations by petition the nominees for the Board be elected by acclamation and a motion is not required.
16. Chairman Hollingsworth explained that winning names of registered members will be selected for one of the up to 3,500 prizes that include a $50 deposit to member account, Apple iPad (12), Samsung Android Tablet (12) or a 65” Samsung TV (18). The 42 major prizes will be shipped directly to the winners.
17. Josie King made a motion to adjourn the meeting; seconded by Jamie Perronne; motion carried. There being no further business to come before the meeting, it was adjourned at 7:30 pm.