Annual Meeting

New Horizons Credit Union will conduct an in-person meeting to be held at the Volunteers of America (VOA) Southeast office at 1204 Hillcrest Road, Mobile, AL 36695 on Thursday, April 25, 2024 at 6 p.m.  Please make plans to attend to learn more about your Credit Union.


Annual Meeting 2024
Thursday, April 25, 2024 6:00 PM - 7:00 PM (CDT)
Doors open at 5:30 PM

Your Credit Union's Annual Meeting will be a great opportunity to interact with the Board of Directors, Supervisory Committee, Management, and Staff.  There will be an opportunity to learn more about the Credit Union services, win door prizes, and receive member giveaways (while supplies last).  There is no need for an election since the slate of officers as presented by the Nominating Committee will be elected by acclamation.

A copy of the 2023 Annual Report will be available for attendees, and can be requested after April 17th. To receive a print copy please email Marketing@NewHCU.org after April 17th with your name and mailing address, or you can download a copy from here after April 17th.

Below is a copy of the initial notice that was sent to the membership with a brief bio of the nominees on the Slate of Officers as presented by the Nominating Committee.

*** 2024 Annual Meeting of the Membership & Nominee Information ***

New Horizons Credit Union is overseen by a volunteer Board of Directors and Supervisory Committee who are elected by our membership at the Annual Meeting. The Annual Meeting is scheduled for Thursday, April 25, 2024, at 6 p.m. and will be held at the Volunteers of America (VOA) Southeast office at 1204 Hillcrest Road, Mobile, AL 36695 in their special events building.

The Nominating Committee, appointed by the Board Chairman, nominates at least one (1) member for each vacancy and determines that the nominees are qualified and willing to serve. The slate of candidates, as presented by the Nominating Committee, includes three Board of Director positions which include Ralph Altice, Deanna Ferguson, and Scott Huval; and three Supervisory Committee positions which include Joy Mothershed, Joyce Morrissette, and Luvenia Spotswood.

Joyce Morrissette is currently appointed by the Board of Directors to serve on the Supervisory Committee after the resignation of Ashley Zavros in 2023. Luvenia Spotswood is currently appointed by the Board of Directors to serve on Supervisory Committee after the appointment of Deanna Ferguson to the Board of Directors in 2023 from the Supervisory Committee.  The appointment of Ms. Morrissette and Ms. Spotswood is temporary until this Annual Meeting, at which time, if there is no opposition, both will be elected to fill the unexpired terms by acclamation.

A brief statement of qualifications is included in this notice. Per the Credit Union Bylaws, an election will not be conducted by ballot, and there will be no nominations from the floor where there is at least one nominee for each position to be filled.

Nominations for vacancies may still be made by petition signed by 1% of the members with a maximum of 500.  Each nominee by petition must submit a similar statement of qualifications and biographical data with the petition. Nominations by petition must be accompanied by a signed certificate from the nominee that they are agreeable to nomination and will serve if elected to office. All signed petitions must be received by March 1, 2024, and submitted to:

Secretary of the Board
New Horizons Credit Union
P.O. Box 2966
Mobile, AL 36652

Any candidate who wishes to run for office must be a member in good standing with the Credit Union. Interested and qualified members may obtain a candidate/petition packet from the Corporate Office at 622 Azalea Road, Mobile, AL 36609.

Should there be no contest, nominees to the New Horizons Credit Union Board of Directors and Supervisory Committee will be elected by acclamation at the Credit Union’s Annual Meeting on April 25, 2024.


Slate of Officer Nominations

Board of Directors Nominees:

 

Ralph Altice (Incumbent) – 3-year term:

Ralph Altice has served on the Board of Directors for over nine years and formerly served on the Supervisory Committee.  He has been a member of the Credit Union for over 34 years. Ralph is retired and was employed at BASF Corporation as a Senior Production Cost Accountant.  He is a past Board of Directors Chairman for MARC and has served on the State of Alabama ARC Board of Directors.  He holds a Bachelor of Science degree in Accounting and an MBA.  He is a member of several local and national organizations and an active member of his church.

Scott Huval (Incumbent) – 3-year term:

Scott C. Huval has served as a member of the New Horizons Credit Union Supervisory Committee for over nine years.  Prior to that, Scott held an Associate Director position for the New Horizons Credit Union Board of Directors.  Scott is currently employed as a Senior Accounting Manager at Volunteers of America, Southeast.  He graduated in 1990 from Louisiana State University with a Bachelor of Science degree in Accounting.  Scott Huval also holds two accounting certifications, Certified Public Accountant and Certified Management Accountant.

DeAnna Ferguson – 2-year term:

DeAnna Ferguson was appointed to serve on the Board of Directors following the death of Craig Jones. Deanna had previously served on the Supervisory Committee since 2014.  DeAnna began volunteering at New Horizons in 2011 as an Associate Board Member. DeAnna has been employed by Volunteers of American Southeast for over 30 years.  She currently serves as Vice President of Services.  DeAnna also serves on the Alabama Disabilities Leadership Coalition Board, People First of Alabama Advisory Board, and the Little Tree/Learning Tree Advisory Board.


Supervisory Committee Nominees:

 

Joy Mothershed (Incumbent) – 3-year term:

Joy Mothershed is a manager at Smith, Dukes, & Buckalew, LLP.  She started her career with the CPA firm in 2014 as a Staff Accountant in the Tax and Assurance Department. Joy graduated from the University of South Alabama with a Bachelor of Science degree in Accounting in 2013 and a Master of Accounting in 2014. She is a member of the American Institute of Certified Public Accountants and the Alabama Society of Certified Public Accountants. Joy is an active member of First Baptist Church of Dawes and serves as a Sunday school teacher.

Joyce Morrissette - 1-year term:

Joyce Morrissette was appointed to the Supervisory Committee by the Board of Directors in April 2023.  She formerly served as a member of the Nominating Committee for several years and has been a member of the Credit Union since 2001. Ms. Morrissette is currently serving as a Treatment Coordinator/Counselor for the Mobile Community Corrections Center where she has been employed since 2004. She holds a Doctoral PH.D. in Human Services, along with a Master of Philosophy, Master of Public Administration, and several other degrees in her field.

Luvenia Spotswood – 2-year term:

Luvenia Spotswood was appointed to the Supervisory Committee by the Board of Directors in December 2023.  She has served on both the Mobile Chapter and the Tuscaloosa Chapter of the Credit Union League.  She has also served as a member of the Credit Union Manager’s Association of Alabama and has over 37 years of Credit Union experience in various capacities. She is a Certified Financial Credit Union Executive. Since retirement, Ms. Spotswood has been active in her community and has served as Treasurer of the Women’s Club of Satsuma.