Board of Directors Election

Call for Nominations for the 2019 Board of Directors Election

We invite you to consider running in our upcoming Directors Election,on from March 4
to April 2, 2019.

It all begins with submitting a nomination form during our Call for Nominations period, which runs from October 5th to November 14th, 2018. If you or someone you know would like to play an important part in the future of the largest credit union based on Vancouver Island and the Gulf Islands, then now’s your chance to submit a nomination.

Knowledge and Expertise

Given the important governance role our Board of Directors has with our organization, the knowledge and experience that it needs to possess as a group is significant. While all areas are important, at this time we’re looking to further strengthen our existing Board expertise in the following capacities: 

  • Information Technology­—Current experience including: oversight of management of information technology systems for a corporate enterprise including an understanding of the requirement, strategy, risk, and regulatory issues surrounding information management as it pertains to a financial institution.
  • Legislative and Regulatory—Current experience and knowledge including: understanding legislation and regulatory environment, policies, procedures and standards applicable to a financial institution as required to meet legal, regulatory and governance obligations, and, more specifically, such legislative and regulatory knowledge in relation to a B.C. provincially regulated credit union.
  • Lending Expertise—Current experience including: oversight or management of retail and commercial lending including an understanding of lending approval processes, with an emphasis on reporting, credit and geographic risks and regulatory issues surrounding lending activities as it pertains to a financial institution.
  • Capital Markets/TreasuryCurrent experience including: understanding liquidity management, interest rate risk management, foreign currency risk, asset liability management and derivative and capital markets as it pertains to a financial institution, and supported by relevant courses and/or designations.

Please note: Coastal Community Credit Union’s Nominating Committee will be interviewing all candidates. Candidates will be assessed on all areas of expertise, in particular those identified above. The interview’s purpose is to identify and recommend to our members a minimum of five candidates (the number of vacant positions plus one).

Nomination Entries

Coastal Community Credit Union must receive completed nomination forms at our head office or any branch location beginning October 5th, 2018 through to close of business on November 14th, 2018. Nomination forms are available here

For more information, including important Director Nomination and Election quick facts, please read the full Call for Nominations of Candidates for the 2019 Board of Directors Election. For more on becoming a Coastal Community Director, please read the following brochure.

Received a Call for Nominations notice in the mail? This notice was sent to all Coastal Community members, including junior members and estates, who are not active on online banking (a separate electronic notice was sent to these individuals). All Coastal Community members in good standing, including junior members and those administering estates, are able to sponsor a candidate.

Our member-elected Board of Directors is accountable to Coastal Community members for settng the vision and direction of the organization, and for sound financial decision-making.  The Board makes decisions that affect the members, clients, communities and employees of Coastal Community Credit Union and its wholly-owned subsidiaries - Coastal Community Insurance Services (2007) Ltd. and Coastal Community Financial Management Inc. 

The call for nominations of candidates for the Board of Directors Election typically takes place in the fall followed by the election and voting process taking place the following spring.

Please check back or ask at any branch for more information as we approach the call for nomination and election period.


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Call for Nominations Supporting Documents