Board of Directors

The Board of Directors and Supervisory Committee are made up of member volunteers who represent the entire Industrial CU membership.

Board of Directors

The Board of Directors helps guide the Credit Union into the future by ensuring that Industrial CU meets the financial service needs of the membership and remains financially stable.

Rick-maricle Mike-ashby Dennis-mcgrew
Rick Maricle, Michael Ashby, Dennis McGrew

Harold-henkel Stanley-godek Melissa-muhich
Harold Henkel, Stanley Godek, Melissa Johnston

Nikole Knauft

Supervisory Committee

The Supervisory Committee oversees the policies, procedures and practices within the credit union to ensure adherence to regulations and legislation.

Areti-moularas-2022Bonnie-drafs Matt-cooper
Areti Moularas, Bonnie Drafs, Matt Cooper


Interested in volunteering on our Board of Directors or Supervisory Committee? Click here to view the job description and application.


In accordance with the Federal Credit Union Act, the Supervisory Committee is comprised of volunteer members and functions completely independently of Credit Union management. As an independent body, the Supervisory Committee also investigates members’ complaints not resolved to their satisfaction by management.

Members can report perceived Credit Union rule or policy violations, unethical behavior, and complaints not resolved by management directly to the Supervisory Committee by completing this contact form below or by mail. Should you have questions or concerns that you’d like to discuss with the Supervisory Committee, please complete the secure form below, or send a letter to:

Industrial Credit Union Supervisory Committee
P.O. Box 1241
Bellingham, WA 98227

All member communications are handled with the utmost confidentiality.


To remove impediments such as lost wages, cost of childcare, travel costs and other incidentals, Industrial Credit Union offers a stipend to its governance team members. Effective April 24, 2019, the Credit Union will compensate Board of Directors and Supervisory Committee members $200 per official meeting, with a maximum of two meetings per month. A summary of all governance team members who received compensation and the amount of compensation paid to each in the previous calendar year is available in this link.

The Industrial CU Board Excessive and Luxury Expenditures policy is available in this link.