2018 Annual Meeting

Annual Meeting - The Next Level

NOTICE OF THE 34th ANNUAL MEETING
Wednesday, September 12, 2018


St. Clair Centre For the Arts
201 Riverside Drive West
, Windsor, ON

Doors Open: 5:30 pm
Meeting: 6:30 pm

To R.S.V.P. for the Annual Meeting contact 
Patti Martin at
pmartin@wfcu.ca or 519-974-3100

Agenda

  1. Report of the Board of Directors
  2. Report of the President & CEO
  3. Report of the Treasurer on the Financial Statements
  4. Special Business - Proposed WFCU By-law Amendment
  5. Report of the Nominating Committee and Elections
  6. Report of the Audit Committee
  7. Report of the Auditors

A copy of the Audited Financial Statements, Audit Committee Report, Auditor’s Report and proposed By-law changes is available upon request at each retail location and at the annual meeting.

Special Business

The following special business will be considered at this meeting: 

Amendment to the Credit Union’s General By-Law

Section 4.01
The Board of Directors will be recommending to the Membership of WFCU, an amendment to the credit union’s General By-Law Section 4.01 to reduce the size of its Board of Directors from nine to eight, effective with the election at the September 12, 2018 annual general meeting.

Section 6.01
The Board of Directors will be recommending to the Membership of WFCU, an amendment of By-Law Section 6.01 to create the position of Past Chair and provide for the associated duties and responsibilities. 

Section 6.02 b)
The Board of Directors will be recommending to the Membership of WFCU, an amendment of By-law Section 6.02 b) with respect to the Term of the Chair of the Board which will change from nine (9) consecutive terms to twelve (12) consecutive terms.

The amendment to the By-law detailed under “Special Business” is subject to approval by special resolution of the Membership.  A copy of the proposed By-law amendment is available upon request from corporatesecretary@wfcu.ca.

Election of Directors

This year, there are four (4) vacancies on the WFCU Board of Directors, three (3) positions are for a three-year term and one position is for a two-year term. 

At the Annual Meeting, and prior to the election, should the proposed By-Law Section 4.01 amendment be approved and enacted to reduce the members of the WFCU Credit Union Board of Directors to eight, those candidates receiving the highest number of votes will receive the three 3-year terms.  Therefore, the one 2-year term will be eliminated.

However, should the membership not approve the proposed amendment to By-Law #4.01, the number of members on the Board of Directors will remain at nine.  Those candidates receiving the highest number of votes at the Annual Meeting will be elected to the three 3-year terms and the candidate receiving the lowest number of votes will be elected to the one 2-year term.

The following four candidates stand and are presented to the Membership for election to the Board of Directors of WFCU Credit Union by the Nominating Committee. 

Robert Nesbitt  •  Cary Wheeler  •  Elisabeth van der Pol  •  Shirley Curson-Prue

Click here for a short biography of the Nominees.

 

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