For complete election rules, refer to the “Annual Election of Directors” section of the current Board Member Handbook.
The annual election to fill seats on the CU*Answers Board of Directors is held during the Annual Stockholders meeting in June. To qualify to serve on the CU*Answers Board, each candidate must be a full-time paid CEO/Manager of a Credit Union which has held CU*Answers ownership for at least one year as of the date of the application.
There are three ways for owners to vote:
- Via absentee (proxy) ballot, which must be mailed to CU*Answers
- Electronically via responding to the e-ballot (Learn more about electronic voting)
- In person at the Stockholders Meeting
The Credit Union appoints the CU*Answers Teller of Elections as proxy and authorizes him or her to represent and to vote at the Annual Stockholders Meeting all voting rights held by the Credit Union according to the directions indicated above. This proxy will be voted only as directed above by the Credit Union. The Credit Union may revoke this proxy at any time.
All ballots will be tallied during the Annual Stockholders Meeting on Wednesday, June 17, 2020, at the J. W. Marriott in downtown Grand Rapids. Ballots cast at the meeting must be signed by at least one authorized representative from the credit union, either the CEO or the Board Chairperson. (Other credit union representatives attending must attach a letter of authorization signed by the Credit Union CEO and Chairperson in order to vote on behalf of the credit union.)
Ballots cast electronically must be submitted by the credit union CEO, no later than Friday, June 12, 2020.
Paper absentee ballots will be accepted until Friday, June 12, 2020 and must be signed by the credit union CEO. Send the signed paper ballot to CU*Answers, Attn: Bob Frizzle, CFO, 6000 28th Street SE, Suite 100, Grand Rapids, MI 49546.
Only one ballot may be cast per credit union owner; if multiple ballots are cast, the last one received will be counted and all others disregarded.