Board Nominee Application |
BOARD OF DIRECTORS
APPLICATION FORM
What is a Credit Union Director?
A Credit Union Board of Directors is a governance group whose decisions direct OMISTA’s operations. They are local policy makers and instrumental in effecting positive changes for ensuring growth and prosperity for OMISTA Credit Union and your community. Directors encourage change by overseeing management practices, encouraging technological innovation and updating services to respond to customer needs.
OMISTA directors work in a team oriented environment with exciting opportunities. All directors must take part in an accredited national training program, Credit Union Director Achievement (CUDA). This nationally recognized financial industry program allows you to develop the skills necessary to function as an effective Credit Union director.
OMISTA Credit Union is a democratic financial institution that operates with the best interests of our customers, community and environment in mind. You could play an integral role in shaping the future direction of this progressive, dynamic organization.
How do I become a Director?
Directors are elected by OMISTA’s customers and shareholders voting at OMISTA’s Annual General Meeting. Directors hold office for a term up to 3 years, for a maximum of 9 years. They must be re-elected for each term as prescribed by the Charter By-Laws of OMISTA Credit Union.
A person who is a citizen of Canada, 19 years of age or older, and a member of OMISTA Credit Union who satisfies the requirements set out in the by-laws of the Credit Union may be a director, unless he or she is:
• a person who has the status of a bankruptcy
• an employee, or spouse of a current employee, of the Credit Union, Atlantic Central or the New Brunswick Credit Union Deposit Insurance Corporation
• an auditor of the Credit Union or a member of the firm of accountants of which the auditor is a member
• a solicitor of the Credit Union
• a person employed in the Civil Service whose official duties are concerned with the affairs of Credit Unions
• without the written approval of the other directors, a person who has a loan with the Credit Union that is more than three months in arrears
• a person that has a loan with the Credit Union that is more than six months in arrears
For further details please contact an OMISTA expert at any of our 4 branches.
A Credit Union Board of Directors is a governance group whose decisions direct OMISTA’s operations. They are local policy makers and instrumental in effecting positive changes for ensuring growth and prosperity for OMISTA Credit Union and your community. Directors encourage change by overseeing management practices, encouraging technological innovation and updating services to respond to customer needs.
OMISTA directors work in a team oriented environment with exciting opportunities. All directors must take part in an accredited national training program, Credit Union Director Achievement (CUDA). This nationally recognized financial industry program allows you to develop the skills necessary to function as an effective Credit Union director.
OMISTA Credit Union is a democratic financial institution that operates with the best interests of our customers, community and environment in mind. You could play an integral role in shaping the future direction of this progressive, dynamic organization.
How do I become a Director?
Directors are elected by OMISTA’s customers and shareholders voting at OMISTA’s Annual General Meeting. Directors hold office for a term up to 3 years, for a maximum of 9 years. They must be re-elected for each term as prescribed by the Charter By-Laws of OMISTA Credit Union.
A person who is a citizen of Canada, 19 years of age or older, and a member of OMISTA Credit Union who satisfies the requirements set out in the by-laws of the Credit Union may be a director, unless he or she is:
• a person who has the status of a bankruptcy
• an employee, or spouse of a current employee, of the Credit Union, Atlantic Central or the New Brunswick Credit Union Deposit Insurance Corporation
• an auditor of the Credit Union or a member of the firm of accountants of which the auditor is a member
• a solicitor of the Credit Union
• a person employed in the Civil Service whose official duties are concerned with the affairs of Credit Unions
• without the written approval of the other directors, a person who has a loan with the Credit Union that is more than three months in arrears
• a person that has a loan with the Credit Union that is more than six months in arrears
For further details please contact an OMISTA expert at any of our 4 branches.
If you would like an opportunity to become more involved in the future of OMISTA, please complete this online application to let your name stand for a position on OMISTA Credit Union’s Board of Directors. Deadline for submission of this application is 5:00 pm March 10, 2017.
Video Submission Requirement
As part of the election process, nominees will provide a short presentation on their qualifications and interest in running for OMISTA’s Board of Directors. In lieu of addressing our members in person, nominees are asked to record and provide to OMISTA Credit Union by March 24, a 2 minute video.
Video Submission Requirement
As part of the election process, nominees will provide a short presentation on their qualifications and interest in running for OMISTA’s Board of Directors. In lieu of addressing our members in person, nominees are asked to record and provide to OMISTA Credit Union by March 24, a 2 minute video.