How do I become a Veridian Director or Associate Director?
As a member-owner of Veridian Credit Union you have the opportunity to help lead your credit union by submitting an application to be considered for nomination to the Board of Directors as an associate director. The duties of an associate director are the same as that of a director, with the exception of voting in board meetings. Both positions include collaborating in strategic planning, participating in regular meetings, acting as an ambassador of the credit union, and continuing education that contributes to the effectiveness of our board.
Associate directors will serve within term limits of no more than six years, while directors may serve for no more than 15 years. Associate directors must satisfy pre-requisites before being considered by the Nominating Committee to be placed on the slate of director candidates.
The election includes two ballots, one with director candidates and one with associate director candidates. For the director ballot, candidates are required to receive confirmation yes votes of 50% or more to be elected. For the associate director ballot, vacancies will be filled by the top vote getter(s).
A Call for Candidates is held every December and election results are announced during the Annual Meeting. Each member has equal ownership in the credit union and one vote in electing their Board of Directors.
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