2020 Annual Business Meeting

The 2020 Annual Business Meeting of First Commerce Credit Union is scheduled for Wednesday, April 28, 2021 at our RWF Administrative Facility, 2073 Summit Lake Drive, Tallahassee, FL 32317.

The business meeting will begin at 5:00 p.m., and during the meeting  we will announce the 2021 Board of Directors. The in-person meeting will adhere to all prescribed federal, state, and local health protocols necessary to conduct the annual meeting in safe manner.


Board members are elected from the membership of the credit union, and serve three-year terms. The Board of Directors guides the activities of the credit union for the benefit of all members. 

The nominating committee has chosen three, highly qualified candidates, for the three open positions. Two of the nominees (Dr. Jerry Osteryoung and Ms. Canita Peterson) are incumbent members of the Board of Directors. The other nominee, Ms. Shonda Knight, has been nominated to complete a two-year unexpired term caused by the resignation of a current Board member.


To be eligible to vote, members must be at least 16 years old and in good standing according to the credit union’s policy as of April 1, 2021.


If there is more than one candidate for a seat, and a ballot-based election is necessary, members may vote at credit union offices, by absentee ballot by mail prior to the meeting, or by ballot at the meeting. Ballot boxes and printed ballots will be available in each credit union office from March 30 – April 3, 2021.

Members wishing to cast an absentee ballot must request an absentee ballot by writing to the Executive Assistant to the CEO of the Credit Union, P.O. Box 6416, Tallahassee, Florida 32314. Requests for absentee ballots must be received by March 15, 2021 and ballots must be returned to the credit union by April 5, 2021.

Ballots and ballot boxes will be available at the annual meeting for members who have not already voted. All voting must be completed before the beginning of the meeting. The Audit Committee will oversee the election tellers, who are responsible for the ballot boxes and the integrity of the vote. The votes will be tallied by the tellers at the meeting, and the results will be announced during the meeting. The tellers will ensure that each person voting is eligible to vote and keep a record of those who voted.


Dr. Jerry Osteryoung

Dr. Osteryoung has served on the Board of Directors of First Commerce Credit Union since 2003. He is the Immediate Past Chairman of the Board of Directors, having served in that position for the last ten years, and has served on the ALCO Committee for more than 9 years. Dr. Osteryoung is the Florida State University Jim Moran Professor Emeritus of Entrepreneurship; and Professor Emeritus of Finance. He has written eight books and more than 60 articles on entrepreneurial and finance subjects.

Canita Gunter Peterson

Canita Gunter Peterson, CPA, CFST, has been a member of the First Commerce Board of Directors since 2003 and has served as Vice Chair of the Board for the past four years. Ms. Peterson is a shareholder, tax services, of Thomas Howell Ferguson P.A CPA firm. She holds a master’s degree in accounting with an emphasis in taxation and has over twenty-five years of experience in providing consulting, tax, and accounting services. She also holds the Certified Florida Sales and Use Tax (CFST) designation. Ms. Peterson graduated with both a Finance and Accounting Bachelor’s degree from Florida State University. Additionally, she received her Master of Accountancy, with an emphasis in Taxation, from Florida State University. Ms. Peterson is a member of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants.

Shonda Knight

Shonda Knight is currently the Executive Director of Community and Media Relations for the Leon County Sheriff’s Office. Prior to joining LCSO in 2017, Ms. Knight served as Executive Producer and Anchor for WCTV-TV in Tallahassee. She also anchored The Good Morning Show, the station’s most viewed newscast, as well as Eyewitness News at Noon. Ms. Knight was the first African American to co-anchor the morning shows at WCTV. The veteran journalist has more than 17 years of television newsroom experience. She also served as an adjunct professor at Florida State University for eight years. Ms. Knight is a 2011 Distinguished Alumni Honoree of Florida Agricultural and Mechanical University. Ms. Knight is a Florida Associated Press award-winning journalist, several times over, and has served as Vice President of the Florida Associated Press Broadcasters. Among her many community affiliations, she is the Board Chair for Whole Child Leon and serves on the boards of The Domestic Violence Coordinating Council, Salvation Army and the North Florida Fair Association. She is also a member of the Florida Public Relations Association, the Network of Entrepreneurs and Business Advocates and Alpha Kappa Alpha Sorority, Incorporated.