News & Events
Thank You for Another Great Year!
In 2017, the Credit Union continued to add new products and services, grow the membership, cut fees and increase deposits and loans. The progress in all these areas enabled Interior FCU to meet the goals and objectives set by the Board of Directors.
Interior FCU was successful in maintaining low loan rates and high deposit rates compared to market rates throughout the year and starting in October 2017, offered a 25 basis point “bonus” rate on share certificates. This offer is being extended into January 2018. Earlier in 2017, Interior FCU increased the money market rate and decreased the rate on the most popular used auto loan term. Interior FCU anticipates increasing rates even higher for the money market account starting February 1, 2018. Offering a great value to the membership is a top priority of your Board of Directors.
Success for Interior FCU also means continuing to invest in technology that provides the very best service and experience. This year, Interior FCU implemented “responsive design” for the website and the mobile banking app. Responsive design allows an optimal viewing experience whether using a personal computer or mobile device. The latest online and mobile money management tools have just been released this week. Interior FCU did not increase any fees in 2017, and actually eliminated fees for the “Pop Money” service. This service allows members to transfer money from person-to-person (now for free) by simply knowing a mobile number or email address.
The Board of Directors, volunteers, management and staff of Interior FCU appreciate our loyal members, who continue to return to the Credit Union for their lending, savings and financial service needs. We continually strive to demonstrate the “people-helping-people” philosophy that makes Credit Unions such a powerful option in today’s financial market. We hope that as you reflect on 2017, you share in our gratefulness of belonging to such a wonderful community, where members continue to choose Interior FCU for all of their financial needs–in 2018 and beyond. Here’s to another great year!
2018 Board of Directors Election
Voting starts on January 1, 2018 and will end March 9, 2018.
We are seeking to fill four (4) open volunteer Board of Director positions. These people will represent you and guide Interior Federal Credit Union into the future. Read through the included candidates’ bios below so you can make an informed decision.
PLEASE HAVE YOUR MEMBER NUMBER HANDY.
- VOTE NOW
- To vote by phone, call 866-254-8963 toll free and follow the prompts.
Thank you for taking the time to vote! For more details, please contact us at 800-914-8619.
2018 Board of Directors - Nominees and Biographies
Karen Baker (incumbent)
Karen Baker has been a member of the Department of the Interior Federal Credit Union for over 20 years. She presently serves the DOIFCU Board of Directors as chair of the Technology Committee and is a member of the Board’s HR committee and the Asset Liability Committee. Karen is a retired federal employee, having spent her entire career with the Department of the Interior, retiring from the U.S. Geological Survey as the Associate Director for Administration where she provided leadership and management of programs that included financial and accounting, acquisitions and financial assistance; information resources including infrastructure and application development; facilities and space management including real and personal property; and human capital. Karen is active in her Church community, serving as the Treasurer and as an Usher and Verger. Additionally, Karen volunteers for her homeowners association, serving as the Secretary. She spends time traveling, reading, and volunteering.
Shawn M. Buckner
Shawn M. Buckner is the Acting Director, Office of Policy Analysis in the Assistant Secretary’s Office of Policy, Management and Budget within the Office of the Secretary for the Department of the Interior. Mr. Buckner is responsible for guiding the office’s efforts to provide policy, program, economic and issue analysis and coordination of Departmental activities. Mr. Buckner has nearly fifteen years of experience as a management consultant and government leader. He is passionate about leading high priority projects that result in optimal governance. He has successfully worked on a variety of complex issues with diverse groups of people to develop into a leader with a track record of success. This includes successfully managing a $300 million budget as the Chief Operating Officer for the District of Columbia’s Department of Human Services. Mr. Buckner has also served as the Chief of Program Operations for the Department of the Treasury’s Office of Safeguards which is responsible for managing all of the Federal Tax Information held by more than 300 Federal, State, and Local government offices. While at the Department of the Interior, Mr. Buckner effectively served as the Deputy Director for Operations for the Land Buy-Back Program where he was responsible for managing a trust fund of nearly $2 billion. Starting in 2017 Mr. Buckner joined the board of the Wheeler Creek Community Development Corporation. This organization works on creating economic opportunities for all residents of the District of Columbia. While serving on the board he has productively worked with the District of Columbia’s Housing Authority, banking industry and local government.
In addition, Mr. Buckner volunteers as a senior attorney at the Maryland Volunteer Lawyers Service. His practice area has been focused on home foreclosure prevention. Mr. Buckner evaluates the legal position of the individuals in distressed financial circumstances and partners with financial institutions to identify options for homeowners. Mr. Buckner earned his Bachelor of Arts from Virginia Commonwealth University, his Juris Doctorate from the University of Pittsburgh, School of Law, and Master of Science in Public Policy and Management from the Heinz School at Carnegie Mellon University.
Chris Colvin (incumbent)
Chris Colvin is a Legislative Affairs Specialist with the National Park Service. Prior to that he was a Management Analyst in the National Park Service Northeast Regional Office providing oversight on collection and expenditure of over $10 million in fee revenue per year. Chris has a B.A. in Integrative Biology from UC Berkeley and a Masters degree in Environmental Management from Yale University, focusing on law and policy. He has worked as a seasonal biologist and as an “Operations Manager” for a research collaboration based at Stanford University, managing communications, hiring, grant proposals, and financial reporting for an annual budget over $4 million.
Chris is currently a member of the marketing and strategic planning committees. The Interior FCU is facing important opportunities for growth. To continue improvement of rates and services, we need to increase and diversify our membership. As a relatively new member and a young person with quantitative analysis skills, Chris will continue to help evaluate opportunities to provide services that will attract new members, as well as develop strategies for engaging with potential new members.
Chris will focus on enhancing rates and services for all members, improving new member onboarding, and recruiting new members to build the next generation of credit union members and advocates, so that the Interior FCU can continue to improve its services for members. After the financial crisis in 2008, Chris is a strong believer in cooperative businesses and credit unions. Banking and financial services are critically important and should primarily benefit people and communities—and profits should be shared by member/owners.
Peter Probst (incumbent)
Peter J. Probst has been a member of DOIFCU since 2004. He currently serves on the DOIFCU Board of Directors and Chairs the Asset Liability Management Committee which establishes loan and share rates. He is also a member of the Loan Policy Committee and the Technology Committee. Previously, he served on the DOIFCU Credit Committee from 2004-2009, and volunteered with the Technology Committee in 2007. Peter has an M.B.A. in Finance and a strong background in technology. At DOI, Peter has worked in a variety of budget and planning roles at both the Department and Bureau levels. Currently, Peter works as a Budget Execution Division Chief in the Office of Budget Management Indian Affairs. Privately, Peter has also served on the Board of his homeowner’s association as the Treasurer as well as with other local non-profits. Peter has additional experience having worked with another large federal credit union (NWFCU). His priorities for Interior FCU include: 1) Helping members and non-members learn about and enjoy the benefits of DOIFCU membership. 2) Maintaining the soundness of existing Credit Union policies. 3) Expanding the financial services offered to Credit Union members while focusing on improving the quality of customer service. Having been a member of a credit union for the last 25 years, Peter understands the value of Interior FCU services and the importance that the Credit Union plays in each member’s life.
Gary Weitzner (incumbent)
Gary Weitzner began serving the Interior Department Federal Credit Union as a volunteer on its Supervisory Committee, a committee that provides oversight of the Board, in 2013. Subsequently, he was appointed to the Board when another Director retired and has served on the Board since then. His time on the Supervisory Committee and on the Board of Directors has given him a deeper appreciation of the mission and values of credit unions in general and the IFCU, in particular. Those include that credit unions are owned by the Members and answerable to those Members.
He enjoyed a 29-year career with the Federal Government, working in the Treasury Department, the Department of Justice and, retiring from, the Department of the Interior. He spent 25 of those 29 years as a budget analyst or budget officer. Six of those years were at Interior, including 18 months as the Budget Officer for the Office of the Secretary.
He earned a Bachelor’s degree in English and Psychology from Pacific University in Forest Grove, OR in 1976 and a Master’s degree in Public Administration from Lewis and Clark College in Portland, OR in 1982, the year he entered federal service as a Presidential Management Intern.
He lives in Kensington, MD with his wife, a retired nurse, and has a son who works for NASA’s Jet Propulsion Laboratory in Pasadena, CA.
2017 Annual Meeting
Interior FCU will be holding its 82nd Annual Meeting on Wednesday, March 21.
U.S. Geological Survey
12201 Sunrise Valley Drive, Reston, VA
Main Interior Building
1849 C Street, NW, Washington, DC
Credit Union College Scholarship 2018
The $12,000 Credit Union College Scholarship Program is underway now! If you are a college-bound member, you are eligible to apply for one of ten $1,000 essay-based scholarships, one $1,000 video-based scholarship, and/or one $1,000 photo-based scholarship. Yes, you can apply in all three categories. Learn more.
Deadline for applications is March 31, 2018. Awards will be made in May 2018. Visit application site.
Signup for text alerts for a chance to win a $50 iTunes gift card!
KEEP INFORMED! Members can opt-in to receive news and special offers…JUST FOR YOU! Opt-in today by texting “IFCU” to 72000. Members can opt-out by texting “STOP”. SIGN UP AND YOU MAY WIN A $50 ITUNES GIFT CARD FROM OUR MONTHLY DRAWING.
2018 Holiday Closings Schedule
February 19 – President’s Day
May 28 – Memorial Day
July 4 – Independence Day
September 3 – Labor Day
October 8 – Columbus Day
November 12 – Veteran’s Day
November 22 – Thanksgiving
November 23 – Day After Thanksgiving
Here’s what’s happening at Interior FCU! Check back often to stay up to date.