AdelFi's Virtual 2024 Annual Meeting
Tuesday April 23rd, 2024

The virtual meeting has taken place. Previous 2023 Meeting Minutes can be viewed below:

2023 Annual Meeting Notes

2023 Financial Performance


Prior 2024 Annual Meeting Information:

Our annual meeting will be held virtually to ensure maximum participation among our nationwide membership. AdelFi's Virtual 2024 Annual Meeting will focus on performance in the past year and key areas of focus for 2024. The Board Nominating Committee has nominated members to fill the vacancies on the Board of Directors and the Supervisory Committee. Additional nominees for the Board or Supervisory Committee can be made by petition.

Notice of Elections

The Nominating Committee has nominated the following for the open positions:

There will be three positions open for the Board of Directors: 3-year term
There will be one position open for the Board of Directors: 1-year term
There will be two positions open for the Supervisory Committee: 3-year term

List of Nominees:

Board of Directors: Todd Anderson
Service: Mr. Anderson joined the AdelFi Board of Directors in 2017. He currently serves as Chair of the Finance Committee and as Treasurer.

Career/Ministries: Mr. Anderson is the principal of 1CapitalPartner LLC, a corporate finance advisory firm. Prior to that, he spent 27 years in executive roles with Bank of America, Citigroup, and GE Capital with primary responsibilities in corporate finance serving in business development, marketing, and leadership roles.

He has been a committed follower of Jesus Christ for over 25 years. As he puts it, “My wife prayed me into the Kingdom.”

Mr. Anderson serves on the Boards of the Jesus Film Project, a ministry of Campus Crusade for Christ, Mission Generation, Inc., an education ministry bringing biblical values to the public school classroom, and Everyman Ministries, Inc., a men’s ministry founded to revolutionize men’s ministry, free men spiritually and ignite spiritual health worldwide. He attends St Andrews Presbyterian Church.

Board of Directors: Sebastian Igreti

Career/Ministries: Sebastian is the co-founder and former CEO of TechMD, a leading Managed IT Services firm in Orange County, California. Over his 20-year tenure, TechMD grew into a consulting firm with over 70 employees, offering technology consulting services nationwide. Drawing from his entrepreneurial journey, Sebastian possesses a robust blend of technical expertise, business development acumen, and leadership capabilities. In addition to his corporate achievements, he has served as the Board Chairman of Able Arts Work, a nonprofit focused on assisting children and adults with disabilities.

Education: MBA (expected June 2024), UCLA Anderson School of Management. BS in Electronic Business, University of Phoenix

Sebastian has been married for 19 years and is raising three boys. The family enjoys traveling and all too frequently indulging in meals together. As a serial hobbyist, Sebastian's interests range from woodworking and Krav Maga to his latest endeavor—working towards a private pilot's certificate.

Board of Directors: Chris Montes
Service: Mr. Montes began serving on AdelFi’s Board of Directors in 2021.

Career/Ministries: Mr. Montes has over a dozen years of experience in the commercial real estate finance industry and has an extensive understanding of multifamily lending.   Mr. Montes focuses’ on Social Impact, Affordable, and Workforce Housing Commercial Lending, helping investors looking to make a meaningful double bottom line. Mr. Montes formerly served as Chairman of the Mortgage Bankers Association’s (MBA) Future Leaders Alumni (2022 & 2023) and serves on the Diversity and Inclusion Board Committee for USC’s Sol Price School of Public Policy.

Education: Mr. Montes holds a Masters in Management and Leadership from the Sol Price School of Public Policy at the University of Southern California (USC), as well as a Bachelor of Arts in Business Economics from the University of California, Irvine (UCI). Mr. Montes graduated with honors from both academic institutions. 

Mr. Montes was born and raised in Santa Barbara, CA, and has resided in Los Angeles since 2014.  Mr. Montes is an avid basketball fan and enjoys spending his free time with his wife and family.

Board of Directors: David C. Walker

Career/Ministries:  In May 2005, Dave received his Juris Doctor from the University of Denver Sturm College of Law. Following his admission to the Colorado Bar in October 2005, Dave was a law clerk for the Honorable David M. Furman on the Colorado Court of Appeals until joining Brown Dunning Walker Fein Drusch, P.C. as an associate in May 2007. Dave became a junior partner of the firm in 2011 and a named partner in December 2015.

Dave’s primary practice areas are business and commercial transactions and litigation. He is licensed and actively handles legal matters in Colorado, Arizona, and Arkansas and manages his firm’s branch office in Little Rock, Arkansas. Dave continues to actively work out of the firm’s Colorado and Arkansas offices.

Dave is a member of the Colorado and Denver Bar Associations, and has been actively involved with the Metro Denver Christian Legal Society, where he has served as Vice President of the Board, and enjoys pro bono work with the Alliance Defending Freedom.

Dave is admitted to practice in Arizona, Arkansas, Colorado, the United States District Courts for the Districts of Colorado and Arkansas, the United States Court of Appeals for the Tenth Circuit, the United States Bankruptcy Courts for the Districts of Colorado and Arkansas, and the United States Supreme Court.


Education: In May of 2000, he graduated Cum Laude with a Bachelor of Science in Marketing from Azusa Pacific University in Azusa, California.

In his free time, Dave enjoys playing tennis, traveling with his wife and four kids, hiking and skiing the Colorado mountains, and has recently taken up fly-fishing the waters of Arkansas.  The Walkers are members of Fellowship Bible Church in Little Rock, Arkansas, and are actively involved as a family in foster care ministry.

Supervisory Committee: Rick McCarthy
Service: Mr. McCarthy joined the Supervisory Committee in 2009 and has served as Chair of the Committee since 2010.

Career/Ministries: Mr. McCarthy is a CPA, in private practice since 1978, principal of McCarthy and Associates.  He is a Chair of a Christian CEO forum wise counsel group for Convene (where he also coaches fellow Chairs), serves on the Board of The Sheepfold & the Advisory Board of Pacific Justice Institute, and was Founding Board Chair for Africa New Day & Standing Stone Ministry, all AdelFi member ministries.  He also served as National Managing Partner of The Barnabas Group, of which he is a Founding Member.

Education: Mr. McCarthy was a military brat who has lived and traveled all over the world, to 92 countries- so far! He graduated with Honors from California State University, Fullerton with a BA in Business Administration, and taught Taxation for the American Institute for Philanthropic Studies.

Mr. McCarthy has fellowshipped at Mariners Church since 1984, having served from usher to elder.

He and his bride, Susan, mentor couples and together wrote “Defining Moments: The Transformational Promises of Faith-Based Travels”, a combination of four books on faith-based travel. They have a grown son, Patrick, who preceded them to Heaven.

Board of Directors Ryan

Supervisory Committee: Mike Painter, CPA
Service: Mr. Painter was elected to the Supervisory Committee in 2016. Mr. Painter also serves on the Board of Trustees of Dallas International University.

Career: Mr. Painter has worked with Wycliffe Bible Translators and SIL International since 2002. He is currently the Controller at the SIL. He and his wife also worked with SIL in Brazil from 2003-2014, facilitating Bible translation through finance and administrative services. Prior SIL, he worked as an auditor for a national accounting firm serving not-for-profit ministries.

Education: Mr. Painter holds a Master of Business Administration from Hope International University and a BS in Business Administration from Biola University.

The qualifications for Board Members of AdelFi are as follows:

  1. Board Member must be a member of the Credit Union
  2. No member of the Board of Directors can be an employee of the Credit Union or serve as a member of the Supervisory Committee.

Nominations can be presented to the Board Development Nominating Committee through the nomination process explained in the bylaws and the prior notice of elections. See below.


AdelFi's 2024 Annual Meeting Notice of Elections

Pursuant to Article V, Section 2 of our bylaws, notice is hereby given that nominations for the Board of Directors and Supervisory Committee for the 2024 Annual Meeting election of officers may be made by petition to the Nominating Committee. Such petitions must be signed by at least 100 members qualified to vote at the Annual Meeting within 11 months prior to the Annual Meeting. The date of the Annual Meeting is set for Tuesday, April 23, 2024. Petitions must be delivered to the Board of Directors of the credit union no later than midnight, March 4, 2024. The Nominating Committee appointed by the Board of Directors may also make nominations.

There will be three positions open for the Board of Directors: 3-year term
There will be one position open for the Board of Directors: 1-year term
There will be two positions open for the Supervisory Committee: 3-year term