Board of Directors

Your Board of Directors has implemented term limits to ensure you diverse representation and fresh ideas.

Board members participate in many educational forums, including the Volunteer Achievement Program conducted by the Credit Union National Association. Through this program they receive intensive training regarding credit union management and operations. They also gain a greater understanding of credit union philosophy.

Katie Larson - Chair

Katie Larson was appointed to the Elevations Board in 2008 and elected in 2009. She has been an Elevations member since 2002 and previously worked as a teller at two Elevations branches. Before joining the board, she served on the Finance and Supervisory Committees at Elevations. 

Katie has worked for Chipotle Mexican Grill since November 2005. As Treasury Manager, Katie and team oversee domestic and international cash management functions for Chipotle’s over 1,847 restaurants in the United States, Canada, England, France, and Germany, as well as for the company’s ShopHouse Southeast Asian Kitchen and Pizzeria Locale restaurants. She holds a bachelor’s degree in economics with an emphasis in finance from St. Olaf College and has served on the boards of directors for the St. Olaf Alumni Association and the Colorado Treasury Management Association (now RMAFP). Katie lives in Denver and enjoys running, biking, and spending time in the mountains.

Nancy Herbert - Vice Chair

Nancy Herbert has been a member of the Elevations Board since 2011. She also serves as chair of the Governance and Nominating Committee. She previously served as the chair of the St. Vrain Valley Credit Union Board until its merger with Elevations that same year.

Nancy is an organizational consultant/owner with Communication Strategies LLC. A former school district administrator and municipal elected official, she has served on more than 24 community boards of directors. Nancy is a doctoral candidate for a Ph.D. in organizational development and leadership specializing in innovation and entrepreneurism and also holds a bachelor’s degree in organizational management and a master’s degree in education. She resides in Longmont with her husband and enjoys travel to learn about different cultures.

Eric Jones - Treasurer

Eric Jones was appointed to the Elevations Board in 2007 and elected in 2008. He served as board chair from 2008 to 2011. Eric was previously a member of Elevations’ Finance Committee and is also a member of the Elevations Foundation Board.

Eric is an owner of Jones Mertsching CPAs, PC, a Colorado-based firm specializing in the credit union industry. He holds a bachelor’s degree from the University of Colorado and was inducted into the Credit Union Executive Society’s Volunteer Hall of Fame in December 2011. Eric lives with his wife and two sons in Evergreen, where he enjoys Colorado activities including cheering on the CU Buffs.

Carol Krismann - Secretary

Carol Krismann was appointed to the Elevations Board in 2006 and elected in 2007. She has been a member of Elevations Credit Union for more than 25 years and has served on Elevations’ Supervisory Committee, chairing it twice. Carol is a member of the Governance and Nominating Committee and is also the current board chair for the Elevations Foundation. 

Carol is retired from the University of Colorado, where she was the head librarian of the William M. White Business Library since 1982. She holds a bachelor’s degree in art history from Smith College, a master’s degree in library science from Columbia University, and an advanced certificate in librarianship from the University of Denver. She is the author of two books: “Encyclopedia of American Women in Business” and “Quality Control: A Bibliography.” Carol lives in Longmont and enjoys her family, playing bridge and mahjong, and her other volunteer job at the Longmont Public Library.

Carroll Beach - Board Member

Carroll Beach was elected to the Elevations Board in 2010 and served as chair from 2011 to 2014. He is a member of the Asset-Liability Committee and has served as secretary/treasurer of the board and on the Governance and Nominating Committee. 

Carroll retired as president and COO of CO-OP Shared Branching in 2011, following a three-year tenure as president of the Credit Union Service Corporation. He was previously president and CEO of the Colorado Credit Union System for 30 years. Carroll holds a bachelor’s degree from the University of Kansas and a master’s degree from Emporia State University and has served on boards and committees for the Credit Union National Association, the Association of American Credit Union Leagues, from which he received the “Eagle Award,” and the Credit Union House LLC, for which he was chairman of the board. He has received the "Herb Wegner Lifetime Achievement Award," which is the most recognized award given in the credit union industry. Carroll lives in Westminster with his wife Ruth, and they enjoy spending time with their two children and five grandchildren. Carroll is an avid golfer and also enjoys reading and participating in activities at his church.

Don Cheyne - Board Member

Don Cheyne joined the Elevations Board in 2011, following its merger with St. Vrain Valley Credit Union, where he served as a board member for three years.

Don recently sold his company, Mountain Molding LLC, to Tenere, Inc., where he continues as general manager for their Longmont operations. Don holds a bachelor’s degree in electrical and computer engineering and a master of business administration from the University of Colorado. He lives in Mead with his daughter and enjoys spending his time playing ice hockey and traveling.

Todd Gleeson - Board Member

Todd Gleeson joined the Elevations Board in 2012. He has been an Elevations Credit Union member since 1981.

Todd has been a member of the faculty at the University of Colorado at Boulder for more than 30 years and is a professor in the Department of Integrative Physiology. He has also served as the university’s dean of the College of Arts and Sciences and associate vice chancellor for faculty affairs. Todd holds a Ph.D. in Developmental and Cell Biology from the University of California at Irvine and lives with his wife in Louisville, where they enjoy live theater and all that the Colorado outdoor recreation scene has to offer.

Ray Martinez - Board Member

Ray Ramirez
Ray Martinez joined the Elevations board in 2014.
Ray is a retired Fort Collins police officer as well as a former three-term mayor of Fort Collins. He is a U.S. Army veteran, having received the Army Commendation Medal. Ray has dedicated significant time working closely with Hispanic community leaders, youth and athletes to improve the relationship between the community and law enforcement. He co-founded an organization that works directly with at-risk youth to provide them with positive educational and recreational experiences while keeping them active within their neighborhoods and communities. He has been a member of several boards and organizations over the years, including the chair of Colorado’s Minority Business Advisory Council under Governor Owens and Governor Ritter, a member of the Colorado Mesa University board of trustees, and a White House appointee on the Defense Advisory Board for Employer Support of the Guard and Reserve. Ray lives in Fort Collins and enjoys writing.

Jim Menghi - Board Member

Jim Menghi was elected to the Elevations Board in 2008. He has been a member of Elevations Credit Union since 1985 and has served on the Supervisory Committee 18 years in total, including several times as chair. He has also served on Elevations’ Finance Committee. 

Jim has been the deputy director of the Joint Office for Science Support with the University Corporation for Atmospheric Research since 2002. He holds a bachelor’s degree in accounting from the University of Delaware. Jim and his wife Kim live in Frederick and have two adult daughters who have brought them much pride and joy. When possible he runs, bikes and hikes, taking advantage of the great Colorado outdoor lifestyle.

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