Governance

Following the credit union tradition, Tricorp is owned and directed by its member credit unions. The Board of Directors, elected by the membership, consists of seven volunteer credit union professionals from Maine, New Hampshire and Vermont. Their actions and guidance are representative of the entire membership and guide Tricorp in its mission of strengthening the credit union system by providing exceptional service to our members.

The Supervisory Committee serves to ensure the safety and soundness of Tricorp Federal Credit Union by assisting the board of directors in fulfilling its fiduciary responsibilities relating to the accounting and reporting practices of the corporate.

The Asset/Liability Committee serves to monitor the investments, liquidity, and risk management guidelines of Tricorp on a regular and timely basis. This is to ensure adherence to the investment policies and strategies of Tricorp as ratified by the board of directors, as well as to safeguard member’s equity.