VANCOUVER ISLAND – Coastal Community Credit Union (CCCU) recently held its Directors Election and announced the results at its Annual General Meeting on April 26, 2018.
During the AGM, it was announced that members have re-elected Lynne Fraser and Michael Mascall, and have elected Susanne Jakobsen, who in 2017 had stepped down from the Board of Directors, choosing not to seek re-election at the time. Each Director will serve a three-year term on CCCU’s 10-person Board.
“Our Board sets the organization’s direction by applying forward thinking and strong governance practices.” said Evelyn Clark, Chair of the Board of Directors for CCCU.
“The level of experience and skill-set these three individuals bring will help ensure our Board as a whole continues to have the strong foundation and core competencies necessary to successfully negotiate the increasingly complex regulatory and economic environment we operate in.”
Adrian Legin, President and CEO of CCCU, adds, “I’m confident the Board of Directors will continue to provide insightful perspectives to our financial organization as we live our vision, purpose and values and build the roadmap for our future.”
Coastal Community members had the opportunity to vote in the Directors Election via mail ballots, in-branch paper ballots, and through the increasingly popular option of electronic voting. By each having one vote, Coastal Community members are able to shape their organization’s future, unlike customers of other types of financial institutions.
At the AGM, Board Chair Evelyn Clark formally thanked John Newall for the 22 years in total he has served as a Director – initially with Parksville and District Credit Union and then with Coastal Community Credit Union when the two organizations merged in July 2000.
For ten of his 22 years as a Director, John was the Board Chair and in the past year, served as the Vice Chair. Evelyn thanked him for his many years of service, his dedication and contribution to the organization.
Following the AGM, the Directors re-appointed Evelyn Clark as Board Chair and appointed Lynne Fraser as Vice Chair for the 2018-2019 term. Evelyn has been a member of the Board since 1990, served for several years as Vice Chair, and just completed her first term as Board Chair.
A very active member of the community, Evelyn brings a wealth of knowledge and expertise in a variety of areas, including community economic development, an area she has worked in for almost twenty years.
“I look forward to working with Evelyn as Board Chair, as well as the new Board of Directors, to keep CCCU a strong, Island-based financial services organization that improves financial health, enriches peoples’ lives and builds healthier communities,” said Legin.
To learn more about the three elected Directors, along with Coastal Community’s full Board, or for more information on about becoming a Director, please click here.
