The Board of Directors seeks each year to fill any vacant positions.
Among its other responsibilities, the Board is accountable for the institution's security and stability and for overseeing compliance with the statutory provisions governing its operation. Its duties include defining the federal credit union's strategic direction and overseeing its management and activities.
Members are encouraged to participate in two ways:
- by running for election to serve on the Board of Directors;
- by voting for the candidates who, upon election, will represent their interests on the Board of Directors.
Roles and Responsibilities
Responsibilities of Board of Directors
The role of the Board of Directors is to ensure that appropriate organizational structures, policies and control measures are in place, including with respect to strategic planning, the direction and mission of the Caisse, etc.
Responsibilities of directors
The director's role is to oversee management of the institution's activities.
Directors also play an important role at the community level in terms of public perception of the Caisse. The image portrayed to the public must be consistent with a sound institution with a focus on service to, and the well-being of, its members. All board members are expected to demonstrate the highest professionalism.