SEATAC, Wash., and TIGARD, Ore. (3/18/15)--The Northwest Credit Union Association (NWCUA) will hold its first election under its new governance structure this summer.
Five years after the merger of the Oregon and Washington leagues, the NWCUA reviewed its governance representation. The task force recommended shifting to an at-large model of representation, and NWCUA membership approved the bylaw changes last month (Anthem March 16).
The new governance model calls for a smaller board with nine at-large members instead of 11 members based on district and asset size. Materials will be sent to members before the election begins June 23, and election results will be announced July 23.
The new model includes a diverse nominating committee that was appointed by board Chair Jack Fallis, president/CEO of Global CU, Spokane, Wash. Bob Corwin, president/CEO of Advantis CU, Milwaukie, Ore., will chair the committee made up of one board member and four non-board member credit union CEOs.
"We are extremely grateful to our member credit unions for their engagement in improving the governance model of the NWCUA," Fallis said. "We had great conversations across the region and were able to make changes that will strengthen the association for years to come."
NWCUA President/CEO Troy Stang said, "This election cycle is a big step into the future of association governance."
Stang also thanked current and past board members for their commitment to serving Northwest credit unions.