Select Image
Build Your Credit Union & Your Community
2025 Call For NominationsA position on the NDCU board of directors allows you to represent the membership’s values in social, environmental, and corporate responsibility while guiding the strategic direction of your local Credit Union.
We encourage candidates who continue to add to the board’s diversity, including those under 40, or those with skill sets and backgrounds that bring a unique perspective. Human resources, enterprise risk management, accounting, ESG, and change management skills could round out our board’s expertise. Above all, we seek people with a broad perspective, who know their community, and are eager to learn and grow with us.
NDCU is seeking nominations for the following positions:
- Two Directors from the Nelson Representative Area (3-year term)
- One Director from the Rossland Representative Area (3-year term)
- One Director from the Rossland Representative Area (2-year term)
- One Director at large (1-year term)
The Board is seeking candidates with some of these key skills and perspectives:
- Experience and passion for co-operatives and community
- Individuals who support greater age, gender and cultural diversity
- Background in human resources and labour relations
- Informed in ESG and change management practices
- Knowledge in accounting and enterprise risk management
Applications must be received by January 31, 2025.
Contact
Karla Whitaker - Executive Assistant
kwhitaker@nelsoncu.com
250.352.7207 (x. 2250)
Next AGM coming spring 2025
SAVE THE DATE.
NDCU's 74th AGM is in the spring.
Contact Karla Whitaker @ AGM@nelsoncu.com for details or to RSVP.
Your Board of Directors
More than 5.3 million Canadians and business owners are members of co-operative financial services in Canada. Their financial security and success depend on the commitment and capabilities of the board of directors they elect.
That's why it's surprising how many credit union members are unaware of what their board of directors do and how important it is to be an educated participant in the electoral process. As in any democracy, the people elected to represent member interests are responsible for and accountable to the economic well-being of the people who voted them into office.
Here is some quick schooling to bring you up to speed on the duties of a board of directors, your role in the decision-making process, and what you should know if you want to run for a position.
A credit union is a business and must be run accordingly. Your board of directors set short- and long-term strategies and the policies and procedures affecting everything from business operations, to community involvement, to dividends. The board also represents the membership's collective values concerning social, environmental and economic responsibility.
A director position is voluntary although expenses are covered and an honorarium is often provided. A director can devote up to 20 hours a month preparing for and attending regular monthly board meetings. Additional time is also spent serving on various advisory committees with specific responsibilities such as Community Leadership, Financial Policy and Governance.
While a good heart and clear mind are important attributes, a prospective director should also possess pertinent experience and skill sets. Overall the board needs to be strong in many areas, so a diversity of directors who bring different knowledge is important. Annually, the directors look at the competencies of the board and identify areas to strengthen. A director should have experience and knowledge in some of these key areas:
- Diversity
- Audit and Compliance
- Financial Literacy
- Co-operative Governance and Ethics
- Regulatory Environment
- Community Minded
- Financial Services Industry
- Coaching & Mentoring
- Legal & Accounting
- Innovation & IT
Are you passionate about the well-being of the community at large? Do you understand financial statements? Can you analyze management reports? Strong governance, leadership, communications and technology skills are assets, and previous board or committee experience of some kind is a plus.
A credit union is only as good as its board of directors. That's why it is so important for well-informed members to show up when election time comes around.
Interested in Joining Us?
Are you interested in learning more about your Board of Directors or running to become a Director?
Speak with a current director or contact Karla Whitaker, Executive Assistant, at 877.352.7207.
Nelson & District Credit Union posts its Call for Nominations on an annual basis in December.
