Boards and Elections
Board of Directors Call for Nominations
Be a part of something bigger!
Every year, Valley Credit Union holds its Board of Directors Election for available director positions. Members are invited to run as a candidate in the election and to vote for candidates who will represent the membership as a Board member.
Are you interested in becoming a Director? Would you like to nominate someone?
For the upcoming Board of Directors elections, the available positions and their terms will be updated here. Members elect candidates to fill these terms. A minimum of two sponsors are required, and both sponsors must be Valley Credit Union members.
To put forward your name as a candidate, please submit a completed nomination package to your local Valley Credit Union branch by the due date. Alternatively, you may email your signed form here: vcu.admin@valleycreditunion.com
(Closed March 15, 2024). Fill, sign and download the Nomination Form for Submission
Overview of the Director Nomination and Election Process - subject to change each year
- Call for Nominations opens: February 16, 2024
- Call for Nominations closes, and all completed Nomination packages submitted: March 15, 2024
- List of approved candidates posted in all branches and on the Valley Credit Union's website (includes candidate’s biography and photograph): March 22, 2024
- Voting Period (in-branch)
- Results of election announced at the Annual General Meeting: April 25, 2024
Board Selection
Valley Credit UnionValley Credit Union is a democratic financial institution that operates with the best interests of our members, community and environment in mind. You could play an integral role in shaping the future direction of this progressive, dynamic, and caring organization.
Who is Eligible to become a Director?
A person who is a citizen of Canada, 19 years of age or older, a member of the credit union and who satisfies the requirements set out in the by-laws of the credit union may be a director, unless he or she:
- is an undischarged bankrupt person;
- is an employee of a credit union, a trade association or the guarantee corporation;
- is not bondable; is an auditor, or a member of the auditor's firm, of that credit union;
- is a parent, child, spouse, brother or sister of an employee of the credit union;
- is the solicitor of that credit union;
- is a public employee whose official duties are concerned with the affairs of credit unions;
- is a person who has a loan with the credit union on which principle or interest is in arrears for a period established by regulation.
Are you Eligible to Vote?
Who may vote? Every member who is 19 years of age and in good standing* is entitled to one vote.
*Share balance of not less than $5.00, the first name on the account or have full member status as of the date of the Annual General Meeting. The Credit Union Act 6.16 does not allow members to vote more than once per question or to vote by proxy. If a corporation or association is a member, the Credit Union shall recognize a natural person authorized to represent the corporation or association by a resolution of the directors of governing body of the corporation or association.
