Board of Directors & Audit Committee

As permitted by law and the Credit Union's Bylaws, HAPO provides reasonable compensation to the Board of Directors and Audit Committee for their service to the Credit Union. An annual stipend is payable in quarterly installments in recognition of the education and time requirements that are necessary and expected of Board members, who set the general direction and control of the Credit Union and Audit Committee members who provide oversight regarding the safety and soundness of the Credit Union.

As required by law, the members of the Credit Union shall be informed of the compensation provided to Directors and Audit Committee members.

Compensation Plan

The annual stipend ranges between $18,000 and $25,000 for Board Members and is based on leadership positions held. The Annual Stipend for Audit Committee Members not serving on the board is $6,000.

Director & Board Chair$25,000
Director & Board Secretary$22,000
Director & Audit Committee Member$20,000
Director$18,000
Audit Committee Member$6,000

Board Compensation Schedule for 2018

William Tanner$25,000
Ken Bays$22,000
Ken Gale$18,000
William Saraceno$20,000
William Clarke$18,000
Ken Hohenberg$20,000
Rich Cummins$18,000
Doug Carl$6,000
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Audit Committee

PO Box 669
Richland 99352

HAPO
601 Williams Blvd. Richland, WA 99354
Phone: 509-943-5676