Results of the 2015 Bylaws Changes Vote

The 2015 election included a proposal to adjust the organization’s bylaws, including changes to streamline electronic notification and voting procedures, new language to comply with NCUA Rule 712.3 (“The CUSO Rule”), and a change to broaden the pool of candidates eligible for the CU*Answers Board.

After tallying the votes during the Annual Stockholders Meeting on June 17, 2015, the first two proposed changes (electronic voting procedures and the CUSO rule) were passed.  However, although voter turnout was excellent, the third change (broadening the rules for candidate eligibility) was not approved by the necessary margin (two-thirds of all shareholders eligible to vote).

Read the memo from Dean Wilson to CU*Answers Stockholders sent September 23, 2015