Audit Committee
On behalf of the Members of Royal Credit Union and the board of directors, the audit committee is responsible for overseeing the auditing and testing of several different areas of Royal. The committee is also a key part of our culture of transparency, honesty, and trust. The audit committee handles the integrity of financial statements, the system of internal control, the internal and external audit processes, compliance with applicable laws and regulations, and the code of conduct and ethics at Royal Credit Union.
John Sackett, Board Member, Chairperson
John has been a credit union Member for more than 40 years. Currently, John serves on the Board of Directors, is Chairman of the Audit Committee, and is on the Political Action Committee. John previously served as Chairman of the Board for 17 years and Treasurer for 10 years.
John also serves as a Chairman on the National Credit Union Foundation Board and President of the RCU Foundation Board. Previously, John served on the Credit Union National Association’s (CUNA) Board of Directors, chaired the CUNA Volunteer Leadership Committee, and served as a member of other CUNA groups including the Community Credit Union Committee and Mergers Task Force. John is a Certified Credit Union Board Member, a Certified Credit Union Supervisory Committee Member, and has completed the Credit Union Leadership Program.
In 2022, John was named the Credit Union Executive Society’s National Distinguished Board Member of the Year; and in 2024, he was voted into the Credit Union Hall of Leaders in Washington D.C.
After serving as Director of Finance for the Eau Claire Area School District for 27 years, John is enjoying his retirement. John is a graduate of UW-Eau Claire with a Bachelor’s Degree in Comprehensive Public Accounting. John and his wife Kris have four children and live in Eau Claire.
Jennifer McDonough, Board Member
Jennifer has been a member of Royal Credit Union for over 30 years. She currently serves as Secretary of the Board and as a member of the Finance and the Political Action Committees. She previously served on the Compensation/Governance Committee and as Chairperson of the Audit Committee.
Jennifer is a Certified Credit Union Board Member and Certified Credit Union Supervisory Committee Member. She has completed the Credit Union National Association’s Volunteer Achievement Program and the requirements of Director Financial Literacy. Jennifer earned Bachelor and Master in Education Degrees, including certification in Economics, at UW-Eau Claire and completed her Educational Administration Degree at UW-Superior.
Retired from administration for the Eau Claire Area School District, Jennifer volunteers on the HSHS Sacred Heart Foundation Board and as the Chair of the Women’s Giving Circle of Eau Claire. She and her husband Matthew live in Chippewa Falls.
Jim Mattson, Member At Large
Jim has been a Member of Royal Credit Union for more than 49 years. He began serving on Royal’s Audit Committee in 2013. Jim strongly believes in the “Member Owned” credit union concept.
Jim has been a Member of Royal Credit Union for more than 51 years. He began serving on Royal’s Audit Committee in 2013. Jim strongly believes in the “Member-Owned” credit union concept.
Jim is a graduate of Lakeland College and Chippewa Valley Technical College with a bachelor’s degree and associate degree in accounting. Jim worked for Bauman Associates, LTD, for over 26 years where he worked with small business clients on their accounting and payroll needs. He retired in 2022.
Jim is passionate about giving back to his community and currently sits on several boards, including Treasurer of Elks Lodge 402 and board member for the Community Table. Past board involvement includes the Kiwanis Club of Eau Claire Inc., Chippewa Valley Theatre Guild, and Sculpture Tour Eau Claire.
Josephine Myers-Kuykindall, Member At Large
Josephine has been a member of RCU/Real Financial for more than 20 years. She is an entrepreneur, economist, and philanthropist who focuses on rural economic and small business growth opportunities and partnerships within small, developing, and/or distressed local, national, and international communities.
Through this work she has developed relationships and partnerships with local, national, and global thought leaders and institutions such as the Aspen Institute, U of MN system, CU Denver, Harvard University, SBA, FCC, and USDA to support innovative solutions for small business owners and growing communities. She has earned bachelor's and master’s degrees in Economics, Statistics, and International Business Administration with areas of concentration in Finance, Project Management, and Six Sigma Quality, and has conducted and published a broad range of research that has translated into real world application across the globe. Josephine has served at the board level for several non-profit organizations, including Road to Freedom Scholarships, Behavior at Work Collaborative, and the DPO Chapter of Alpha Kappa Alpha Sorority, Incorporated. Josephine has a daughter and resides in Waconia, Minnesota.