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NOTICE OF ELECTION OF DIRECTORS


Three members of the Board of Directors of Bronco Federal Credit Union have regular 3-year terms that expire at the Annual Membership Meeting, April 19, 2008. The Nominating Committee has nominated the following for election to 3-year terms expiring in 2011:

  • Bob Petty
  • Ann Stephens
  • Dave Tillery

Other nominations for the Board of Directors may be made by petition in accordance with Article V, Section 1 of Bronco Federal Credit Union's Bylaws. The Nominating Committee will provide an approved petition and biographical information sheet upon request. Please contact Joan Pavlina for forms. Each petition submitted must contain a minimum of 135 signatures of credit union members in good standing along with their account numbers. The candidates biography and statement of qualification must accompany a completed petition. Each nominee must be in good standing with the credit union, must be at least 18 years of age, and must certify in writing that he/she is agreeable to the nomination and will serve if elected.

Incomplete, incorrect, and petitions received after the deadline will not be given consideration.

All petitions must be received no later than the close of business on March 10, 2008. Petitions should be sent to:

Secretary, Board of Directors
Bronco Federal Credit Union
135 Stewart Drive
Franklin, VA 23851

Nominations by petition along with those of the Nominating Committee will be posted in the credit union offices on March 15, 2008.

An election by ballot will only be conducted if there is more than one nominee for each position filed. A member must be at least 16 years of age to vote. There will be no nominations taken from the floor at the Annual Membership Meeting in accordance with Article V, Section 2 of the Bylaws.

DUTIES OF DIRECTORS

Credit Union directors are volunteers. The primary responsibilities of credit union directors are to set policy, plan the credit union's direction, make sure the credit union maintains its sound financial condition and keep communication open to education members on services. The best interests of the members guide all decisions.

EXPECTATIONS OF DIRECTORS

  • Attend regularly scheduled monthly meetings
  • Attend meeting of Board Committees
  • Attend scheduled Planning Sessions
  • Participate in organizational development and training activities
  • Attend Virginia Credit Union League meetings as appropriate
  • Represent the credit union to the community.