Annual Meetings
As a member, you're invited to join us at our Annual Meetings
You're part-owner of TAPCO, which means you get the inside story of everything that's happened at our credit union over the past 12 months.
From financial growth to community investment and charitable work.
Occurs March 27th at 6 PM
Date: Thursday, March 27, 2025
Time: 6:00 PM
Location: Main Branch, 6312 19th St W, Tacoma, WA 98466
Attend Virtually: Sign-Up
We held our 89th annual meeting on Thursday, March 28, 2024, at our Main Branch and virtually on Zoom. The graphic below is a statement of our overall financial health. TAPCO remains financially strong, with reserves totaling over $58 million.
At our recent Annual Meeting, we explored the numerous ways in which TAPCO contributes to the community of Pierce County. Our initiatives, encompassing partnerships, donations, and sponsorships, have resulted in an impressive contribution exceeding $98,000. TAPCO proudly stands as a beacon of leadership in Tacoma and Pierce County, ensuring our presence resonates wherever our members are located.
The meeting was also an occasion to pay tribute to two revered former TAPCO Board Members, Jeanne Wener-Spaulding and Richard J. Williams. In their honor, our scholarship program bestowed $2,500 scholarships upon nine deserving individuals, aiding them in their pursuit of degrees or vocational certifications. The recipients, together with their families, were recognized at the meeting, where they received certificates amid congratulatory applause.
Justin Martin, TAPCO's CEO, took the opportunity to reflect on the achievements of 2023 and to share insights into the future, emphasizing our ongoing commitment to Diversity, Equity, Inclusion, Belonging, and Accessibility (DEIBA), advancements in technology (highlighting new online and mobile banking services), and enhancing member value. This, according to Justin, is integral to making TAPCO the premier financial institution in Pierce County. He also shared the exciting news of TAPCO being honored with the Best in State Credit Union award by a leading national business publication, as well as receiving the Community Development Financial Institution (CDFI) designation from the US Department of the Treasury. This designation paves the way for TAPCO to secure grants that will further empower us to support our members and the community.
Looking ahead, TAPCO is set to expand in Pierce County with the scheduled opening of a new full-service branch in Frederickson in 2025, marking another milestone in our journey of growth and community service.
Board Election Results
There were three open Board of Directors positions and three incumbent applicants. The nominating committee confirmed all applicants. The nominated candidates included Gene Miller, Louis Cooper, Jr., and Lindsey Wade. As a result of the uncontested election, all candidates were declared elected by general consent.
There were two positions open on the Supervisory Committee and two incumbent candidates for the positions – John Sinclair and John O'Loughlin. Both Supervisory Committee applicants were confirmed by the Nominating Committee. As a result of the uncontested election, all candidates were declared elected by general consent.