2021 Nomination Candidate Package

Board of Director Nomination


Be a leader of your credit union

Board of Director nominations are now available for TCU Financial Group members. Be a part of your credit union and help form the strategic direction for TCU Financial Group. Nominations will be accepted from Thursday, January 28 and close at 5:00 pm on Monday, March 15, 2021.

 For 2021, the Board has identified the following career experiences as desirable in potential candidates:

  • Lawyer
  • Entrepreneur (small to medium-sized business)

How to Apply

Download and read the Nomination Package to determine if you are eligible and learn more about the commitment and skills required to be an effective board member. The Candidate Application Form and all instructions on how to submit a nomination are included in the Nomination Package.

The Candidate Application Form and all other required items must be completed and returned to the Returning Officer of TCU Financial Group located at 307 Ludlow Street, Saskatoon S7S 1N6 or emailed to governance@tcu.sk.ca by 5:00 p.m., Monday, March 15, 2021 to be eligible.

Board members are elected to three-year terms by the TCU Financial Group membership. In 2021, there are three 3-year terms and one 2-year term available. Voting will commence on April 2, 2021 and will close April 13, 2021. Voting will take place through online banking or by mail-in ballot.

TCU Financial Group is committed to equity and inclusion and encourages applications from diverse candidates including Persons with Disabilities, Indigenous and LGBTQIA2S+ members.

The Benefits of Becoming a TCU Financial Group Board Member

I was looking for a new challenge. Having been a member for years and having some experience in the financial industry years ago made me interested in becoming a Board member. It turned out to be a great new experience which challenges me and gives me ongoing opportunity to learn and grow.

Stephanie Mansfield, TCU Financial Group Board Chair

I have gotten far more from being a board member than expected. There is a true sense of comradery within the team and an openness for everyone to share their thoughts and ideas. Everyone respects each other and has varying backgrounds so different points of view are always welcome. I have learned a lot from my fellow board members, the educational sessions, and the board training to date.

Nicole Cox, TCU Financial Group Board Member

My first years on the TCU Board of Directors have provided opportunity for learning and development but also a unique opportunity to give back to the credit union I have been a member of for many years. The board environment is very supportive and we always look forward to the new perspectives and contributions of incoming directors. 

Tracie Risling, TCU Financial Group Board Member

FAQ

What is the role of the board? Expand/Collapse

TCU Financial Group’s board of directors is responsible for overseeing the credit union’s operations on behalf of members.

Management oversees the day-to-day operation of the credit union, the board provides guidance on strategic direction, policy and monitors the credit union’s overall progress.

What is the time commitment to be on the Board? Expand/Collapse

There are generally 6 Board meetings per year. These meetings are normally held in Saskatoon, with one or two meetings held in Regina. Typically these occur on a Saturday and run from 4-6 hours in length.

Board members sit on one or two committees. Committee meetings are generally held on a quarterly basis, conducted on week days, late afternoon and usually last 1 ½ to 2 hours.

Do I have to have any special training to be on the Board? Expand/Collapse

There is a steep learning curve for new directors but help is provided. Seasoned directors act as mentors and a multitude of background information is available on a dedicated Board portal. Orientation training will be provided, and numerous training programs are available both on-line and through in-person classes. In the first year of office, new directors are encouraged to complete Credit Union Director Achievement Program (CUDA) Level A: Foundations of Governance. Directors are expected to complete the entire CUDA program within their first 3 year term.

Is there remuneration? Expand/Collapse

Board members are paid volunteers and provided with a per-diem per meeting plus reimbursement for expenses. As an example, reimbursable expenses are hotel stays, parking, meals and mileage.

Can I campaign? Expand/Collapse

Campaigning is not allowed on credit union property, as part of the annual election process.  Campaigning is defined as activities used directly by nominees, or on behalf of nominees, to solicit votes outside of the credit union’s elections processes. The ban is to ensure that all candidates have an equal opportunity to be profiled to the membership. This does not, however, preclude individual candidates from communicating with their personal networks (i.e. friends and family) to raise awareness of their candidacy.

How are directors elected? Expand/Collapse

Elections are held annually, with directors serving three-year terms. A call for nominations is issued to all credit union members in late January.

The nomination form lists some TCU requirements as well as legislative requirements. Provided these are met, you can let your name stand for election.

Voting is conducted online through MemberDirect, our online banking platform. If you do not use online banking, you can vote by mail-in ballot. All voting takes place before the AGM – this year voting is open from April 2 to April 13, 2021. Results are announced at the AGM.

 

If you any questions or comments, please contact:

Paula Kelly
Returning Officer
governance@tcu.sk.ca
306-651-6571
 

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