Elections
Make a difference to your Credit Union and your Community
Nominations are now closed for the 2021 elections, which will be held February 6, 2021 to February 26, 2021. Three directors will be elected to serve three-year terms.
We are always looking for well-qualified and experienced members who are interested in standing for election to the board. Generally, Lakeland Credit Union is seeking directors with a broad range of business knowledge and depth of experience, as well as an understanding of the credit union’s strategic direction, principles and values. Potential candidates should be able to demonstrate and provide the ability to:
- Deal with business, financial and social issues at a corporate level
- Think critically, problem-solve creatively and work on a team
- Devote the necessary time to prepare for and attend board and committee meetings and other related activities
How to Apply
The deadline to submit an application is January 6th, 2021.
To Apply
Applications must be marked confidential and submitted via:
| Drop off in branch Attn: Wendy Morrison VP, Culture & Governance Lakeland Credit Union 5016 50 Ave, Bonnyville, AB WMorrison@lakelandcreditunion.com In Person to a member of the Nomination and Elections Committee Charmaine Code Judy Cabay Salman Arabi Wendy Morrison |
Board of Directors Requirements
We do not have an exact resume for the ideal Director. We aim to develop a Board that represents a wide range of skills, experience and interests. Our current Board is comprised of male and female entrepreneurs, professionals, non-profit founders, and retirees, in their 30's to 70's. However, Board candidates must meet the following criteria:
- Be a member in good standing for a period of one year or greater
- Be bondable
- Have an acceptable credit history
- Not be an employee of the credit union, nor an employee of the credit union in the past 3 years
- Not be an employee or Director of a competing financial institution
- Must not be in breach of his/her oath of office as a Director, including but not limited to confidentiality of credit union information
Voting
Why Vote for your Board of Directors
One of the many benefits of credit union membership is your ability to vote for the Board of Directors. As a member-owned, member-led institution, our Board is comprised of your fellow members; members you choose through an annual voting process.
Why voting matters to you
The Board of Directors approves the direction your credit union takes.
They’re directly responsible for our strategic and business plan direction which acts as Lakeland Credit Union’s roadmap to achieving long-term success and a prosperous future.
The policies the Board of Directors approves impacts YOU.
Have your interests represented by the leaders you help elect when policies are approved, including guiding principles for annual member common share dividends.
The Board of Directors is member-elected.
Very few places you bank, or do any business with encourage you to vote for the people who steward the strength of the organization.
We've made it easy for you
Get to know the Board candidates on Director Candidates. Reviewing the candidates, getting to know the board objectives and casting your vote will take no more than 20 minutes.
VOTER ELIGIBILITY AND ELECTION RULES
Voter eligibility:
You must meet the following requirements to vote:
- 16 years of age or older
- A member of Lakeland Credit Union
Election rules:
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60(2) Subject to subsection (6), of the Credit Union Act, only members are entitled to vote.
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A member may vote only once, unless a member is also a designated representative of a business. Then the member may vote once on their personal membership and once for the business, to a maximum of two votes.
- Voting can be cast in person on iPads provided at a Lakeland Credit Union branch, or on the voter designated website. Proxy voting (casting a vote on behalf of another member) is not permitted.
