Election for BankFund's
Board of Directors
Board of Directors Election and Annual Meeting
Annual
Meeting
The 78th Annual Meeting of the Credit Union will be held in April 2025. The date/time and location will be announced closer to the event.
Nominations for the Board of Directors Election
In April, the terms of three members of the Board of
Directors will expire. The election of Directors to fill
these three positions is conducted online and by mail
ballot and the results will be announced at the Annual
Meeting.
The Board of Directors is responsible
for the overall conduct, direction, and stability of the
Credit Union. It establishes policy and guides the
organization’s growth. The Board meets monthly, as
required by the Credit Union’s bylaws, and at more
frequent intervals as necessary.
Credit Union
members in good standing are eligible for nomination and
election including those current Directors whose terms
are expiring. Each Director position is for a three-year
term. Candidates should possess sound judgment, a desire
to serve, and a willingness to devote sufficient time to
their duties.
Guidance for Potential
and New Board Members
Candidates
are selected by the Nominating Committee or by
petition.
The Nominating Committee
meticulously carries out a thorough selection process,
considering the specific competencies required for the
Board. While numerous highly qualified applicants may
not proceed further in the election process, they are
encouraged to reapply in future elections. Applicants
may be approached regarding other opportunities that
align with their experience and
qualifications.
Completed requests for nomination by committee must be submitted by 5:00 PM Eastern Time on Thursday, November 14, 2024.
If you would like a paper Request for
Nomination application, please email
[email protected].
All
qualified applicants will receive consideration for
nomination without regard to race, color, religion,
sex, disability, age, sexual orientation, gender
identity, national origin, veteran status, or genetic
information. BankFund is committed to providing
access, equal opportunity and reasonable accommodation
for individuals with disabilities in employment, its
services, programs, and activities. To request
reasonable accommodation, contact
[email protected].
Prospective
candidates who do not meet the filing deadline of
Thursday, November 14, 2024 should seek nomination by
petition. The deadline for nomination by petition is
Monday, February 3, 2025. In accordance with Credit
Union bylaws, members must obtain 500 signatures for
nomination by petition.
Should you have any
questions about what is expected from a Credit Union
Board Member, please review the Guidance for Potential
and New Board Members document above or contact the
Nominating Committee
at [email protected].
The Board of
Directors may appoint additional members to the
Nominating Committee at a future date. All members will
be informed about the Nominating Committee’s selections
and the procedures required for nomination by petition.