Board of Directors Election
Each year we invite Members interested in making a personal difference at FirstOntario to run for election to our Board of Directors.
Candidate Search Period
Monday, November 2 until noon on Tuesday, December 1, 2020
Electronic and In-Branch Voting Period
Friday, January 15 to Friday, February 26, 2021
Annual General Meeting
Wednesday, April 21, 2021. Stay tuned for more information.
For this election, there are five vacancies on the Board. After the Voting Period, the candidates with the five highest vote totals will be elected for a three-year term. Interested Members, including previous candidates, are strongly encouraged to run for election.
FirstOntario is a successful financial institution with over $5 billion in assets under management. To qualify to run for election to the Board of Directors, you must be 18 years of age or older, have been a Member of FirstOntario for the past three years and have both governance and financial literacy experience. You must also meet the qualification requirements outlined in the Credit Union and Caisses Populaires Act. All required qualifications will be reviewed during information sessions that are being held for interested Members.
This year, the Board is specifically looking for candidates with the following skills and expertise:
- IT and Digital Experience
- Strategic Planning
- Risk Management
The Election Process
Members who possess both governance experience and financial literacy, and at least two of the four specific skills listed above may be endorsed by the Board of Directors to stand for election. Members who meet the minimum qualifications will not be endorsed but may remain on the ballot if they so wish. After the voting period, the candidates with the highest voting results will be elected for a three-year term.
Mandatory Information Sessions
Members interested in running for a position on FirstOntario’s Board of Directors MUST register to attend one of the mandatory information sessions being offered below. Due to the COVID-19 pandemic, these sessions will be held electronically.
Information Sessions will be held on:
- Monday, November 2, 2020 at 9:30 a.m.
- Wednesday, November 4, 2020 at 1:00 p.m.
- Monday, November 16, 2020 at 9:30 a.m.
To attend an information session, please send an email to Elections@FirstOntario.com indicating your full name and which information session you will be attending. Once we receive your email, we will provide you with the details to join the electronic information session.
Please Note: You will need access to a computer, tablet or smartphone to attend an electronic information session.
Members who attend an electronic information session will receive a Candidate Package, which MUST be completed and submitted along with all required attachments by noon on Tuesday, December 1, 2020.
For questions, please contact us