Members Choice Credit Union                           Board Nominations 

Thank you for your interest in serving on the Members Choice Credit Union Board of Directors. Our board members play a vital role in guiding the strategic direction of MCCU, ensuring financial stability, and upholding our mission to serve our members and community.

This nomination form is designed to assess candidates based on their experience, commitment to cooperative principles, and ability to contribute to the governance of MCCU. Applicants must meet the eligibility requirements outlined below and demonstrate the skills, knowledge, and dedication necessary for effective board service.

By completing this form, you acknowledge your willingness to serve, if elected, and agree to uphold the fiduciary responsibilities and ethical standards expected of an MCCU Board Member.

We appreciate your commitment to the credit union movement and look forward to reviewing your application.

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First and Last Name *
Email Address *
Phone Number *
Member ID # *
Address *
Are you currently serving as the President/CEO or a member of MCCU management?
*
Are you currently a member of the Supervisory Committee?
*
  Have you ever been employed by MCCU? 
*
 If yes, has it been at least ten years since your last date of employment at MCCU?  
Clear selection
Are you a relative (as defined in the policy) of a former MCCU employee? *
If yes, has it been at least ten years since their last date of employment at MCCU?  
Clear selection
Were you previously employed by MCCU and had your employment terminated by MCCU?  
*
Do you have experience in finance, business, or a related field?  
*
If yes, please list experience.
Do you understand and support the mission and cooperative principles of MCCU?   
*
Are you knowledgeable about fiduciary responsibilities and financial oversight?  
*
Are you familiar with federal and state regulations governing credit unions?  
*
Do you have experience with strategic planning and setting long-term goals?   
*
 Are you committed to ongoing education and training related to the financial industry and credit unions?   
*
Have you ever been convicted of a crime, engaged in dishonesty, or breached a position of trust?  
*
Minimum Requirements  

1) The president/CEO and members of the management shall not be members of the board of directors.

2) No Supervisory Committee person shall also serve on the board.

3) No former employee shall serve on the board of directors until a period of at least ten years has passed from their last date of employment at MCCU. No Relative** of a former employee shall serve on the board of directors until a period of at least ten years has passed from their Relative’s** last date of employment at MCCU.

a. ** Relative means: Spouse, Child, Step-Child, Foster-Child, Grandparent, Grandchild, Brother, Sister, Half-Brother, Half-Sister, Aunt, Uncle, Niece, Nephew, Parent-In-Law, Brother-In-Law, Sister-In-Law, any other individual related by blood or marriage living in the same household as a Credit Union Employee, director or Committee Member.

5) Former employees whose employment was terminated by MCCU shall not be allowed to serve on the board of directors.

6) Three consecutive unexcused absences from scheduled board meetings can be considered cause for dismissal from the board of directors.

7) The nominating committee has the right to reject any application taking the following items into consideration:

a. Attributes considered for Members Choice Credit Union Board of Directors are as follows:

1. Experience and Expertise: Board members should have a background in finance, business, or a related field to understand the complexities of credit union operations.

2. Understanding of the Credit Union’s Mission: Members should be committed to serving the membership and adhering to the credit union's cooperative principles.

3. Fiduciary Responsibility: Board members must understand their responsibilities regarding financial oversight and ensuring the credit union's assets are managed prudently.

4. Knowledge of Regulatory Requirements**: Familiarity with federal and state regulations that govern credit unions is essential.

5. Strategic Thinking: Board members should be able to engage in strategic planning and help set long-term goals for the credit union.

6. Ability to Communicate Effectively: Board members must be able to articulate ideas and collaborate effectively with other board members and management.

7. Commitment to Education and Training: Continuous education about the changing financial landscape, compliance regulations, and credit union best practices is essential.

8. The applicant has not been convicted of any crime or displayed dishonesty or breach of trust in any way.

Have you read and fully understood the document above?   *
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