2018 Board Nominations, Elections, and Annual Meeting

The Nomination-Election Committee, which is appointed each year by the Board of Directors, has nominated the following incumbents for two 3-year Board positions:

John Steele (incumbent)

John began employment with L.A. County in 1960 in the Chief Administrative Office, where he worked as a Budget Analyst for 7 1/2 years until joining the Registrar Recorder’s Office in 1968 as Director of Administrative Services. In 1970, he moved to the Superior Court, where he remained until retiring as Special Assistant in 1993. He served as both a member and Chairman of the Credit Union’s Supervisory Committee for 13 years, from 1977 to 1990. In 1995, he was appointed to the Loan Committee and was later selected to fill the unexpired term of a deceased Board member. In 1996, the Board once again appointed John as a member of the Supervisory Committee. John was again elected to the Board in 1997 and has served as a Director since. John has also served on the Personnel and Asset Liability Committees.

Mark Saladino (incumbent)

Mark was the Treasurer and Tax Collector of Los Angeles County, he is now retired. He has a legal background and extensive experience in finance, investments, and treasury-related issues. His notable accomplishments include: Principal Deputy County Counsel,specializing in the areas of finance and investments, successful private practice in New York City and Los Angeles, public speaker on topics related to public finance and investments for the California Association of County Treasurers and Tax Collectors, USC, UCLA, National Association of Bond Lawyers, California Debt and Investment Advisory Commission, and the California State Association of Counties. Mark received his BS, with high honors from the University of Illinois, and his JD from New York University. He has served on the Board of Directors of LA Financial since 2013 and has been a member of the Asset Liability Committee.

Any member in good standing may nominate another member in good standing for a Board position. The necessary petition and certification forms can be obtained from the Secretary of the Credit Union at the Pasadena Administrative Offices located at 1520 W. Colorado Blvd., week days from 8:30 am to 4:30 pm.

The certification form must be signed by the nominee, indicating willingness to serve if elected. A brief statement of the petitioner’s qualifications and biographical information must accompany the certification form.

The petition must be signed by no less than 1% of the membership (312 members in good standing). Nominating petitions, certification forms, qualifications and biographical data must be returned to the Secretary of the Credit Union no later than 4:00 pm on December 29, 2017.

The election will not be conducted by ballot and there will be no nominations from the floor when there is only one nominee for each position to be filled. If only one member is nominated for each position to be filled, the Chairman will declare each nominee elected by acclamation at the Annual Meeting, which will be held at the Pasadena Administrative Offices of the Credit Union, 1520 W. Colorado Blvd., on Wednesday, February 7, 2018, at 5:00 pm. All members are welcome to attend.