ANNUAL MEETING NOTICE
Dear Credit Union Members,
The Annual Meeting and Election of the Credit Union board of directors will be held on September 10, 2020 at Malheur Federal Credit Union, 1695 SE 5th Ave, Ontario, OR 97914 at 5:30 p.m. In accordance with the Credit Union’s Bylaws, the Secretary hereby submits the following Annual Election Notice:
There are four (4) terms expiring on the Board of Directors. The following four incumbent Directors have been re-nominated for election to serve a 3-year term by the Nominating Committee:
- Derral Draper, Director
- Lynda Eden, Director
- Randy Griffin, Director
- Roger Yasuda, Chairman
Nominations for vacancies may also be made, but only by petition. An election will not be conducted by ballot and there will be no nominations from the floor when there is only one nominee for each position to be filled. Any member who wants to submit a nomination by petition must obtain a Petition Form and the Petition Rules that are available at the Credit Union office. When returned, the petition must be signed by one percent of the membership with a maximum of 500. As of March 31, 2020, the Credit Union had 13,786 members and therefore the Nomination Petition must be signed by at least 138 Credit Union members. Each Nominee by Petition shall submit a Statement of Qualifications and Biographical Data and a signed Certificate from the Nominee stating they are agreeable to nomination and will serve, if elected to office, with the Petition. All petitions must be returned to the Credit Union office by July 24, 2020.
At the Annual Meeting and Election on September 10, 2020 all persons nominated by either the Nominating Committee or by Petition shall be placed before the Members for a vote. When nominations are closed, votes will be tallied, and the results announced. The election will be determined by plurality vote and will be by ballot except when there is only one nominee for each position to be filled. Nominations cannot be made from the floor unless insufficient nominations have been made by the Nominating Committee or by petition to provide for one Nominee for each position to be filled or circumstances prevent the candidacy of the one nominees for the position to be filled. Only those positions without a nominee are subject to nominations from the floor. The results of the Annual Election will be announced at the Annual Meeting.
Secretary, Malheur Federal Credit Union
Annual Meeting & Election of the Credit Union Board of Directors