Nominations for the Board of Directors
The 71st Annual Meeting of the Credit Union will be held on Thursday, April 5, 2018. 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 period for nomination by committee has closed. The Nominating Committee has named nine candidates.
In accordance with the Bylaws, members are elected to the Board of Directors by ballot. All members of the Credit Union who have established membership by December 31, 2017 and are at least 16 years old are eligible to vote. Ballots will be counted prior to the Annual Meeting and the results will be announced at that meeting. This year there are three Director positions to be filled; therefore, the three candidates receiving the highest number of votes will be elected to three-year terms.
Prospective candidates who fail to file the Request for Nomination form by November 22, 2017 should seek nomination by petition. The deadline for nomination by petition is Monday, February 5, 2018. As dictated by the Credit Union’s bylaws, a minimum of 500 member signatures is required for nomination by petition. Prospective candidates should review the Board Member Expectations document prior to creating a 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:
- Wolfram Anders, IFC: (202) 473-1875
- Robert Powell, IMF: (202) 623-6932
- Adam Shayne, IBRD: (202) 458-7966
The names of all nominees will be posted in the lobby of the Credit Union by Monday, February 12, 2018. Ballot and voting information will be mailed to members by Wednesday, February 28, 2018.