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Five Positions on BEFCU Board Up for Election

One of the most important events during BEFCU’s annual meeting is the election of Board members. Annually, at least one third of the BEFCU Board of Directors positions come up for election. This year there are five open positions.

The Nominating Committee has concluded its work; five individuals have been nominated to fill the five open positions on BEFCU’s Board of Directors. Candidates nominated include (alphabetical by last name): Dave Hickisch (new), Peter Shak (incumbent), Mike Valenzuela (incumbent), Mary Yanez (new), and Gerry Young (incumbent).

The following is a brief introduction to each of the candidates:

Dave Hickisch has been a member of the Bourns Employees Federal Credit Union for one year after joining Bourns.  Dave is a Certified Public Accountant (Illinois) and has in the past served in a board role for a pension plan and in an advisory capacity to an employee credit union (Mexico).   He is currently Director of Financial Reporting and Planning for Bourns, Inc.

Peter Shak retired in 2017 as Bourns Inc. vice president of engineering for the industrial division. Peter has served two years on the Board of Directors and on the Credit Union’s ALCO and executive committees. As Peter has said, “if elected I will continue to serve the Credit Union and support its continued growth.”

Mike Valenzuela (incumbent) has been a member of the Credit Union for over 35 years. Valenzuela is currently Chairman of the Board. He has served on the Board and on a number of Board committees. Mike works for Bourns, Inc. as a part of the System Analyst Staff; Mike has been with Bourns for over 30 years.


Mary Yanez is a new member of the Bourns Credit Union. Mary has a combined 15 years of experience between former Transtek Magnetics in Tucson, AZ and Bourns, Inc. Mary has been with Bourns, Inc. for the last 1 ½ years. She relocated to Riverside in Aug. 2017. She is currently a Customer Service Manager for Bourns, Inc.


Gerry Young (incumbent) has been a member of the Credit Union for 24 years. Young has been a member of the Board of Directors since 2006; Young is currently Vice Chairman of the Board. Young retired from Bourns, Inc. in October 2013 after twenty-four years; Young was VP of Business Systems and Services and served as Corporate Secretary. Prior to that Young served twenty-one years in the US Air Force, mostly in major weapon system contracting.

In addition to those nominated, members may also nominate a candidate through the petition process. To do this, a member must collect 27 signatures from credit union members (i.e., 1% of the credit union membership) and return the petition to the attention of: “Board Secretary, Bourns EFCU, 1200 Columbia Avenue, Riverside, CA 92507” no later than April 9, 2018.

If you need additional information about the election or petition process, please contact Ed Casanova, CEO, at 951-781-5600 or e-mail to

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