GFA holds 77th annual meeting, elects directors

GARDNER — GFA Federal Credit Union recently held its 77th annual meeting at Mount Wachusett Community College, with the event well-attended by GFA members.

As a co-operative owned financial institution, the credit union’s annual meeting is open to all member-owners. GFA’s annual meeting serves as an opportunity for members to participate in their credit union, elect directors to serve three-year terms, and hear the State of the Credit Union.

The highlighted theme, “Proudly Better Banking,” was conveyed through many examples of how GFA has grown and enhanced services to provide 24/7, anywhere banking with the likes of GFAMobile and through the co-op partnership now providing access to nearly 30,000 surcharge-free ATMs nationally. 

“We are proud to provide you with a credit union big enough to compete with the biggest of banks yet remain small enough to care,” said President and Chief Executive Officer Tina M. Sbrega. “Our many enhancements have positioned us to breathe ‘Better Banking’ through the delivery of high tech and high touch,” she added.

James O. Garrison, Chairman of GFA’s Supervisory Committee, reported that GFA continues to be fiscally strong, and compliant with all regulations. He thanked the GFA team and fellow supervisory committee members for their work to ensure GFA remains safe, sound and secure.

Chief Governance Officer, Gerald Bankowski, CPA, noted that GFA continues to excel and advance with total assets surpassing $450 million. “Of course, a successful year is more than solely the numbers. These repeated strong results have enabled GFA to continually advance, improve our convenience and service while also enhancing our financial solutions,” said Bankowski. “Many of our members new and existing are choosing more of GFA solutions for their everyday needs,” he added.

GFA’s Student Advisory Board Chairman Jonathan Chipman, spoke to the membership about the group’s year of progress, noting their financial literacy partnership with Gardner High School students and GFA. He presented a video the group produced on financial literacy for their peers.

Directors to serve three-year terms include:

• Gerald L. Bankowski, CPA, president and owner of Venning and Jacques, P.C, who currently serves as chief governance officer;

• Andrew N. Boucher, president of Boucher Funeral Home Inc., who and serves as vice-chairman; and

• Allen T. Goguen, a retired history teacher from Gardner Junior High School.

Additionally, James Garrison, Supervisory Committee Chairman, was recognized for his 20 years of service to the credit union.

GFA Federal Credit Union was established in 1938 and serves 29,000 members who live or work in Central Massachusetts and Southern New Hampshire. Family members are also eligible to join GFA.  

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