The 73rd Annual Meeting of the Credit Union will be held on Thursday, April 2, 2020. On that date, 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.
Candidates are selected by the Nominating Committee or by petition. The Nominating Committee names at least one candidate for each position available. Members seeking nomination should review the Guidance for Potential and New Board Members document and complete the Request for Nominations form. Completed forms must be submitted via email to [email protected] by close of business on Thursday, November 21, 2019.
Prospective candidates who fail to file the “Request for Nomination” form by November 21, 2019 should seek nomination by petition. The deadline for nomination by petition is Monday, January 27, 2020. As dictated by the Credit Union’s bylaws, a minimum of 500 member signatures is required for nomination by petition.
Should you have any questions about what is expected from a Credit Union Board Member, please contact a member of the Nominating Committee at the contact information noted below:
Manuela Adl, IFC: 202-473-0791
Adam Shayne, IBRD: 202-458-2766
Amadou Sy, IMF: 202-623-8651
The Board of Directors might 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.