Board Meeting Agenda 

October 25th, 2023

CALL TO ORDER

ROLL CALL  

BOARD OF DIRECTORS

• Dianne Brown; Chair 
• Lucy Sedillo; 1st Vice Chair
• Irene Serna; 2nd Vice Chair
• Cynthia Borrego; Secretary/Treasurer
• Mark Sanchez; Director
• Susan Biernacki; Director
• Dan Mayfield; Director

SUPERVISORY COMMITTEE

• Patty French; Chair
• Lisa Wilson; Member 
• Vacancy

SENIOR MANAGEMENT

• Mike Athens; President / CEO
• Maria Shrake; Chief Financial Officer
• Paige Akers; VP of Risk Management & Compliance
• Lily Currin;  Senior VP of Human Resources
• Jeff Cain; VP of Marketing
• Erin Gomez; VP of Specialty Services
• Tia Sabawi; VP of Consumer Lending 
• April Bradshaw; VP of Member Operations 
• Melvin Lee, Chief Information Officer 

APPROVAL OF AGENDA 
APPROVAL OF MINUTES  

• September 2023 Board Meeting Minutes

APPROVAL OF CONSENT AGENDA

Review and approval for Rio Grande Credit Union of: 

• Financial Statements 
• 13-month Comparison
• Loan Committee
• Loan Charge-Offs
• Share / Courtesy Pay Charge-offs
• Credit Relations Reports
• Lending Reports:
  • Consumer Report
  • Indirect Report

SPECIAL GUEST

• No special guest this month 

NEW BUSINESS

• CFGI Engagement Letter and Statement of Work - presented by Mike Athens, Chief Executive Officer 

ACTION ITEMS 

• Charge Off Extension - presented by Tia Sabawi, Vice President of Consumer Lending
• Supervisory Committee Applicant Vote
  • Marsha Sanchez
  • John Vigil
  • Kenneth Baca 

UNFINISHED BUSINESS

• No unfinished business 

COMMITTEE REPORTS 

• Supervisory Committee Meeting 
• A. General Business 
  • 1. Last meeting: October 12th, 2023 
  • SC Minutes for September 12th, 2023 
  • Supervisory Committee October Agenda
  • Deposit Compliance Audit
  • Deposit Operations Audit
  • RGCU Credit Card Audit 
  • Audit Schedule 
  • July Reconciliation Report - presented by Shannon Sanders, JDS 
  • Next Meeting:  November 17th 
• ALCO Committee Meeting - October 25th   
  • ALCO Minutes September 2023 
  • Portfolio Mortgage Rate Change 10.11.23
  • Commercial Loan Rate Increase 9.20.23
  • Deposit Rate Change
  • Lending Pipeline 9.23
• Policy Committee Meeting -   
  • No Policy Committee Meeting for October
• Selection Committee

SENIOR MANAGEMENT REPORTS 

• Consumer Lending Report 
• Risk & Compliance Management Report 
• Specialty Service Report
  • Mortgage Credit Migration
  • Mortgage Static Pool 
• Marketing Report 
• Human Resources Report
• Member Operations Report
• CIO Report
• CFO Report 
  • Operating Budget Performance
  • ALLL- N/A
• President / CEO Report

Executive Session
 

IMPORTANT DATES

• Catholic Charities St. Nicholas Ball
  • Saturday November 4th 2023 at Sandia Casino & Resort  
• Budget Meeting – December 2nd 2023 at Emerald 7:30-1:00pm 
• CPDOnline transcript – Deadline for Board and Supervisory end of the year
  • Economic Outlook Training (Link on Portal)
  • BSA Training - During Budget Meeting 
  • Sexual Harassment Training - During Budget Meeting 
  • Fair Lending Training - During Budget Meeting
• Next Board Meeting: Wednesday November 22nd, 2023 

Adjournment