1. CCUA Board (Approved by Credit Unions)
Directors Elected by
Peer Group 1 (19 Credit Unions): > $3B in assets, 65% of system
Directors Elected by
Peer Group 2 (53 Credit Unions): $450M to $3B in assets, 25% of system
Directors Elected by
Peer Group 3 (175 Credit Unions): <$450M in assets, 10% of system
Note:
Centrals would maintain their seats on the CCUA Board until December 2020
Bylaw changes effective Jan 1, 2019.
There are no planned elections for the Board in 2019
If a Director from a credit union resigns from the CCUA Board in 2019 (thereby triggering an election), the new peer groups would be used in the candidate selection for a new Director