SOURCE: BoardVantage

BoardVantage

January 15, 2010 08:00 ET

Members 1st Credit Union Selects BoardVantage

BoardVantage to Streamline Board Communications

MENLO PARK, CA--(Marketwire - January 15, 2010) - Members 1st, a member-owned full service financial institution located in south central Pennsylvania, has selected BoardVantage to distribute board materials, enhance the efficiency of the Corporate Secretary's Office, and streamline its board process.

"Members 1st is unique in that our members volunteer their time to work hand in hand with our board of directors," said Jay Parrish, Executive Vice President, Information Technology Systems Chief Information Officer. "We choose BoardVantage because of its impressive ease of use which meant that training was minimal. By automating much of the oversight process, we'll be able to deliver a better service, and at a lower cost than before."

Joe Ruck, President and CEO at BoardVantage commented: "Member-owned institutions present unique demands on board portals that differ from many shareholder owned corporations. BoardVantage has a growing number of such institutions and is proud to add Member 1st to our list of customers."

About Members 1st

Members 1st Federal Credit Union is a member-owned full service financial institution located in south central Pennsylvania. In 1950, we opened our doors with a desk and small counter outside the personnel office at the Naval Supply Depot in Mechanicsburg, Pennsylvania. We officially adopted the name of DAFCU (Defense Activities Federal Credit Union) in 1972 and opened our first branch office at the U.S. Army War College in Carlisle that same year.

Our name changed to Members 1st in 1994 to reflect our growing field of membership. Today, we have over 30 full-service branches. Our 141,000+ members reflect the changing landscape of our geographical footprint. They're also owners of the Credit Union. Being member-owned means we don't have to pay out big dividends to stockholders. Since 1950, our members have been an integral part of who we are, and that remains so today. They volunteer their time on our oversight committees and our Board of Directors and work hand in hand with our associates to help Members 1st run seamlessly. For more information, please visit www.members1st.org.

About BoardVantage

BoardVantage is the leading provider of secure board portals, with 250 customers -- including over 20 Fortune 100 companies. BoardVantage provides a secure and user-friendly Web portal for centralizing board documents, processes and communications. It also provides productivity tools for creating and distributing board materials efficiently. BoardVantage is SAS 70 Type II certified, and meets or exceeds the standards of the most security conscious IT departments, including those of major financial institutions. To learn more, visit www.boardvantage.com.

All trademarks, trade names or service marks used or mentioned herein belong to their respective owners.

Contact Information

  • BoardVantage Media Contact
    Maria Krinsky
    KickStart Consulting, for BoardVantage
    415-509-0498
    pr@boardvantage.com