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TFCU Board Of Directors Election Notice

TFCU will hold its Annual Meeting at 1:30 p.m. on Saturday, April 24, 2021.  The Annual Meeting will be held at the TFCU Operations Center which has a physical address of 1241 Pullman, El Paso, Texas 79936. Due to the health and social distancing restrictions related to COVID-19, the meeting will be conducted virtually through a webinar. Starting now, you will be able to register for the webinar here.

This year there are four positions open for election on the Board of Directors.  After careful review, the Nominating Committee, appointed by the Chairman of the Board of Directors, has nominated one member for each Board position to be filled.  The term for the following positions is three years: 

Richard Perez (incumbent)

Alberto Lopez, Jr. (incumbent)

Rene Vargas (incumbent)

The term for the following position is two years, and the nominee is:

John Alarcon (incumbent)

A brief statement of qualifications and biographical data for each of the nominees is included with this notice.

Further nominations may be made by official petition signed by 500 eligible members.  Official petitions and the rules and instructions for the completion of the official petition may be obtained by contacting Mr. Max Villaronga, President/CEO, at the Credit Union office which is located at 12020 Rojas Drive, El Paso, Texas 79936, between the hours of 9 a.m. and 4 p.m. Monday through Friday.  Official petitions must be completed in full compliance with the election rules as set forth in the rules and instructions for the completion of the official petition and must include each signer's signature and printed name, the last 4 digits of the signer’s member number, and the signer’s complete address and telephone number.  Members who are 18 years of age or older and who meet certain requirements under the Federal Credit Union Act are eligible for election.  Official petitions must be accompanied by a signed certificate from the nominee that he or she is agreeable to the nomination and will accept office if elected and should also include a brief statement of qualifications and biographical data.  Elected officials are legally responsible for the fiscal integrity of the Credit Union and for compliance with State and Federal laws.

Official petitions must be filed with the Secretary of the Board of Directors at the Credit Union office which is located at 12020 Rojas Drive, El Paso, Texas 79936, by 5:00 p.m. on March 15, 2021, which is the closing date for receiving nominations by petition.  If no official petitions are received by 5:00 p.m. on March 15, 2021, there will be no election by ballot and no nominations from the floor.  When only one member is nominated for each position to be filled, each nominee shall be deemed elected by general consent or acclamation.  If there is more than one nominee for any position to be filled, the election will be conducted by an in-person election at the Annual Meeting.  In such event, the election shall be determined by plurality vote. 

Richard Perez

For Board of Directors – Three Year Term

Richard Perez has served on the Credit Union's Board of Directors since 2006. He has been a member of TFCU for over 42 years, and before his Board appointment, he served on the Credit Union's Nominating Committee for three years. Mr. Perez retired from the El Paso Independent School District after a 30-year career as a teacher and administrator. He is currently an independent test administrator for several schools and businesses and a part-time adjunct professor for Texas A&M-Corpus Christi University.

Alberto Lopez, Jr.

For Board of Directors – Three Year Term

Alberto Lopez, Jr. has served on the Credit Union's Board since 1998. During this time, he has also held the position of Board Secretary and Vice-Chairman. Mr. Lopez is the Assistant Vice President for University Relations at the University of Texas at El Paso. His 29-year career in education began as a high school teacher in Sherman, Texas. Previous positions include Executive Director for UTEP's Office of External Relations, Director of Recruitment and Scholarships, Assistant Director of External Relations at UTEP, Admissions Counselor for New Mexico State University, Field Researcher for System Development Corporation, and other college counselor and director positions.

Rene Vargas

For Board of Directors – Three Year Term

Rene Vargas has served on the Credit Union's Board of Directors since 2014. He is a native El Pasoan that graduated from Riverside High School. After graduation, he enlisted in the U.S. Marine Corps, where he served with the Marine Corps Air Wing Division. He was honorably discharged after serving six years of active and inactive duty. Upon returning home, he acquired an associate's degree in electronics and began his career as an electronic technician. He also attended UTEP and received a bachelor's degree in business administration, concentrating in accounting. He has over 20 years of accounting and business experience and is currently employed by Socorro ISD as the Director of Business Services. Mr. Vargas has been a member of TFCU since 2000 and has served on the Credit Union's Supervisory Committee since January of 2007.

John Alarcon

For Board of Directors – Two Year Term

John Alarcon is a new member of the Credit Union's Board of Directors. Previously, he served in the Credit Union's Supervisory Committee for the past four years. He is a native of El Paso who received his bachelor's degree in Accounting from the University of Phoenix. He is currently employed by the Education Service Center Region 19 as the Director of Facilities Maintenance, Transportation, and Support.  Before this role, Mr. Alarcon was the Director of Maintenance and Operations for Socorro ISD from 2005 to 2015. Mr. Alarcon has been an active member of the Texas Association of School Business Officials for over 15 years. His volunteer work in the community includes being a confirmation instructor and a finance coordinator at San Felipe de Jesus Catholic Church. He has been a member of TFCU for over 25 years.

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