About Us | Supporting WA Education Since 1936 | Inspirus Credit Union

PLAN AHEAD. From 5 pm, October 30 through the morning of November 2, our team will be working hard to migrate your information and accounts into Gesa's systems as part of our merger. Our Member Contact Center, Digital Banking, and Mobile Banking will be unavailable during this transfer. Our Member Contact Center and branches will reopen on November 2. There's always the chance it will take longer than expected, in which case some services may not be available until the transfer is complete. Thank you for your patience as we go through this exciting update together.

Education, our passion. Giving back, our promise.

About Us

A few words about Inspirus Credit Union

We are a not-for-profit credit union valued most for our contributions to education. By using our financial services, you are furthering our mission to support schools and educational programs all over the state of Washington. Not only that, you are personally benefiting from more free services, lower loan rates, and better returns on deposits than most big banks. That’s because the more we save, the more our members save.

We give our members the power to:

Save money

Our members embrace our low-cost service delivery with shared branches, ATMs, and our comprehensive Digital Banking Platform. Thanks to them we can offer low, competitive rates and budget-friendly terms! Plus, we provide money-saving tools to help achieve your financial goals.

Stand up for education

When you support Inspirus Credit Union, you support Washington schools. Our charitable giving benefits education, and we offer free financial seminars to help school employees and students make the most of their money.

Bank anywhere

We bring your accounts to you 24 hours a day, wherever you are:

  • Mobile banking
  • Digital banking
  • 30,000+ ATMs
  • 5,000+ Shared branches nationwide
  • 24-hour telephone banking
  • Bank-by-mail
  • Oh, and did we mention? It’s all FREE!
Rest easy

Your deposits are federally insured to $250,000 through the NCUA (the credit union equivalent of FDIC).

Employees smiling.

Diversity, Equity, and Inclusion

At Inspirus Credit Union, a division of Gesa Credit Union, we condemn racism, both individual and systemic. We stand for justice and equality. Credit unions were founded out of a necessity for economic equality, a group of people joining together to help one another succeed. We must all take action, as people helping people, by supporting our members, team members, and communities.

While we don’t claim to have the answers to this deep-rooted issue, we remain committed to:

  • Being stewards of positive and transformative change
  • Partnering with local organizations to support inclusion and equality in the communities we serve
  • Investing in funding education efforts in our communities

These efforts will not stop.

Acts of injustice are a call for all of us to do good, speak out, and become a part of the solution. We must truly be people helping people, standing up for one another, and creating positive and transformative change.

Providing supplies to a local school.

We're proud to give back each year to Washington's education community.

Our Giveback

Since 1936, giving back to the community has been a central tenet of who we are as a credit union. We are proud to partner with our community in a variety of ways, including volunteer work, educational resources, and sponsorship opportunities.

Learn more

Old Seattle Teachers' Credit Union sign.

This sign hung from our very first branch, back when we were called Seattle Teachers’ Credit Union, located in the heart of downtown Seattle.

Our History

When Seattle math and journalism teacher Robert J. Handy founded the credit union in 1936, the idea of a financial institution owned and operated by the people who saved there was a new (and some said radical) concept. The Washington Legislature had legalized credit unions only three years earlier.

Despite what must have seemed like long odds, the credit union met milestone after milestone: extending membership statewide in 1949, reaching $1 million in assets by 1952, and ranking as the state’s second-largest credit union by 1960.

Today, members trust us with over $1 billion in assets. Although a lot has changed since 1936, one thing remains the same: You’re the reason we’re here, and we’re honored to serve you!

Our Board

William J. Melberg
  • Board Chair
  • Elected to the Board in 1993
Andrew Austin
  • Board Member
  • Elected to the Board in 2018
Benjamin Basson
  • Board Member
  • Elected to the Board in 2019
Bill Bonaudi
  • Board Vice Chair
  • Elected to the Board in 2010
Bob Follett
  • Board Member
  • Elected to the Board in 2000
Brett Spooner
  • Board Member
  • Elected to the Board in 2015
Geof Griebel
  • Board Member
  • Elected to the Board in 2019
Gregg Andrews
  • Board Secretary
  • Elected to the Board in 2008
Linda Cowan
  • Board Vice Chair
  • Elected to the Board in 2004
Manuel Chavallo
  • Board Member
  • Elected to the Board in 2008
Martin Valdez Torrez
  • Board Member
  • Elected to the Board in 2012
Peter Smith
  • Board Member
  • Elected to the Board in 2009
Richard Rutkowski
  • Board Member
  • Elected to the Board in 2004
Roger Reimer
  • Board Member
  • Elected to the Board in 2000
Jessica Schneider, M.D.
  • Associate Board Member
  • Elected to the Board in 2019

Disclosure to Membership

Board of Directors Compensation Schedule

As permitted by law and the Credit Union’s Bylaws, Inspirus Credit Union, a Division of Gesa Credit Union, provides reasonable compensation to the Board of Directors for their service to the Credit Union. An annual stipend is payable in quarterly installments in recognition of the education and time requirements that are necessary and expected of Board members, who set the strategic direction of and provide general oversight of the Credit Union who provide oversight regarding the safety and soundness of the Credit Union.

As required by law, the members of the Credit Union shall be informed of the compensation provided to the Board of Directors and Supervisory Committee members.

Compensation Plan

The annual stipend ranges between $15,000 and $22,000 for Board members and is based on leadership position(s) held. The annual stipend for Supervisory Committee members ranges between $7,000 and $11,000 and is based on leadership position held.

Position Compensation
Board Chair $22,000
Director $15,000
Supervisory Committee Chair $11,000
Supervisory Committee Member $7,000
Board Committee Chair $3,000

Compensation Paid to Board and Supervisory Committee Members in 2019

The Gesa Credit Union Officials Compensation Program began effective January 1, 2019. In 2019, Gesa Credit Union paid its Board and Supervisory Committee the amounts listed below. Gesa Credit Union will report the compensation paid to all Board and Supervisory Committee members for 2020 following the end of the year.

Board Members Compensation
Andrew Austin $7,400
Ben Basson $3,200
Bill Bonaudi $7,400
Bill Melberg $16,500
Bill Roberts - Emeritus 2019 $4,500
Brian Benzel - Retired 2019 $700
Brett Spooner $9,000
Geof Griebel $3,200
Gregg Andrews $11,250
Iris Anderson - Retired 2020 $12,000
Linda Cowan $7,400
Manuel Chavallo $11,250
Martin Valadez Torres $11,250
Paul Korstad - Emeritus 2019 $8,750
Peter Smith $11,250
Richard Rutkowski $7,400
Robert Follett $13,500
Roger Reimer $7,400
Shirley Hodgson - Retired 2019 $4,900
Sandra Kurack - Retired 2019 $4,900
Supervisory Committee Members Compensation
Bob Hamm $5,250
Kara Rohrig $11,000
Kevin Sullivan $5,250
Kyle Kramer - Retired 2019 $1,750
Matt Medlin $1,666.67
Nate Higgins - Retired 2019 $3,500
Rob McFarland $1,666.67

For questions or concerns regarding Board of Directors or Supervisory Committee compensation, please contact the credit union’s Board of Directors at:

Post Office Box 500
Richland, WA 99352

Supervisory Committee

The Supervisory Committee is elected by the membership at the Annual Meeting. An outside audit firm conducts an annual opinion audit at the request of the Supervisory Committee which also oversees internal audit functions to ensure proper internal controls are in place and policies are adhered to.

It is the responsibility of the Supervisory Committee of Gesa Credit Union to monitor the financial safety and soundness of the credit union and to oversee compliance with various financial and regulatory requirements.

The internal auditors meet with the Supervisory Committee monthly to review internal audit reports, financial statement trends, information protection status, potential fraud issues, risk assessments and internal control practices. The Committee also closely monitors the results of the state and federal examinations as they occur.

Committee Members

  • Kara Rohrig, Chair
  • Kevin Sullivan, Vice Chair
  • Bob Hamm, Secretary
  • Rob McFarland, Member
  • Matt Medlin, Member

For issues or concerns you are not able to resolve with management, please use the link below to contact the Committee.

Contact the Supervisory Committee