Message from the Nominating Committee

The Capitol Credit Union Nominating Committee is responsible for reviewing applicants for vacant positions on the Board of Directors and nominating a candidate for each board vacancy. All nominees must be members in good standing with the credit union. The Nominating Committee is recommending the following slate of candidates for approval by the credit union membership at the 2023 annual meeting:

Position Four

Karim Hirani is a retired state employee who formerly held several positions at the Texas Permanent School Fund of the Texas Education Agency. Hirani holds bachelor’s in business administration and Master in Business Administration degrees in Finance and Management from St. Edwards University and he is a member of the CFA Society of Austin. Hirani has been a member of the CCU Board of Directors since 2011.  He currently serves as Board Treasurer.

Position Five

Michael A. Jones is a retired state employee who formerly held communications positions at the Texas Department of Agriculture, Texas Department of Human Services, Texas Department of Aging and Disabilities and the Governor’s Office. Jones holds a Bachelor of Arts degree in Journalism from Texas Southern University and a Master of Arts degree in Communications from the University of Texas at Austin. He is a member of the City of Austin’s Robert Mueller Municipal Airport Plan Implementation Advisory Commission. Jones has been a member of the CCU Board of Directors since 1996. He currently serves as Board Chair.

Position Ten

Diana Maldonado is President of Maldonado Strategies LLC and she formerly served as President/CEO of the Greater Austin Hispanic Chamber of Commerce and as a financial advisor with Morgan Stanley. Maldonado holds a bachelor’s in business administration and management degree from St. Edwards University. She formerly served as President of the Round Rock Independent School District Board of Trustees, and she was a member of the St. Edwards University School of Business Advisory Council.


Please be aware that there will be no nominations from the floor. The election will not be conducted by ballot when there is only one nominee for each position filled.

However, nominations for vacancies may also be made by petition signed by one (1%) percent of members with a minimum of twenty (20) and a maximum of five hundred (500). The date for receiving nominations by petition is March 13, 2023.




Aaron Demerson, Chair

Stefanie Medack

David Davis

Capitol Credit Union Directors serve the Credit Union in a volunteer capacity.

Elected positions are generally for a three-year term. The Board is responsible for setting policies, overseeing the maintenance of the financial viability, setting dividend and loan rates and charting the future direction of Capitol Credit Union. They meet on a monthly basis to review the prior month’s activities, vote on proposals presented by management, and are apprised of any issues needing their attention. In addition to regular monthly meetings, Board members attend planning sessions and regulatory review meetings.

The Board that you have selected works hard to maintain Capitol Credit Union as a financial institution that can not only meet your financial needs but can exceed them through the products, services and staff that make up your Credit Union.

Read a letter from the Chair that details the future focuses for Capitol Credit Union.

2022 Board of Directors 

Michael A. J. Chair
Jaime L. Vice Chair
Karim H. Treasurer
Becky L. Secretary
Wayne H. Director
Gregory W. Director
Nancy H. Director
Colin P. Director
Mike W. Director
K. Randolph E. Director
Tom N. Director


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