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Vote for BECU's 2017 Board of Directors

Vote Now: BECU's 2017 Board of Directors

Take part in shaping the credit union! As a member-owner, you’re entitled to vote. Voting takes place between Monday, March 13 and Friday, April 7, 2017.

BECU is a cooperative. As such, we are a democratic organization and each of our members has a stake in owning BECU. 
 
You're invited, as an eligible member, to elect candidates for open seats on BECU's Board of Directors and Audit Committee for the coming year. Candidates have been vetted and nominated by our Nominating Committee. You can read more about that process below and here

We encourage all members to elect the nominated candidates in a show of support for the board and for the democratic process. This year, three positions on the Board are being elected and one position on the audit committee is being elected.

How to Vote

In previous years, voting on the slate would take place at our annual meeting. We're excited to say that this year, voting will take place in advance (online, by mail or over the phone) and the results will be announced at our annual meeting, which will take place at the Member Summit on Wednesday, April 19

We hope you'll be able to both vote and attend Member Summit! These are two important ways that you can help shape BECU and make your voice heard in your credit union. 

  • VOTE ONLINE. Please note BECU's online voting is conducted via a secured website, run by CU Ballot.

  • VOTE BY PHONE. Call CU Ballot at 844-607-9709 and place your vote over the phone.

  • VOTE BY MAIL. Call CU Ballot at 844-607-9709 to request that a paper ballot be mailed to you. Once received, cast your vote and return in the envelope provided.

Voting will commence on Monday, March 13, 2017. The deadline for CU Ballot to receive all votes is Friday, April 7, 2017 by 11:59 p.m., PST.

Eligibility to vote

Each member is allowed only one vote, regardless of the number of accounts. To be eligible to vote, members must meet the following criteria:

  • Joined BECU on or before February 1, 2017;

  • Be 18 years of age as of February 1, 2017; and

  • Currently be a member in good standing.

  • Business members are eligible to cast one vote under the following allowance: A membership that is an entity other than a natural person (e.g., partnership, LLC, or corporation) is eligible to one vote which must be cast through a duly authorized agent of the entity, as determined in good faith by credit union.

Read about the 2017 candidates

Read the official Voting Procedures

Key Responsibilities of the BECU Board of Directors and Audit Committee

 
The Board of Directors is responsible for, among other things: 

  • managing the business and affairs of BECU; 
  • hiring and evaluating the President/CEO and determining his or her compensation; 
  • reviewing and approving BECU's policies; 
  • approving BECU's annual operating budget; 
  • reviewing the Audit Committee's annual report; 
  • reviewing and approving long-term strategic objectives; and 
  • monitoring operations for compliance with the law, BECU's Bylaws, BECU's policies, and principles of safety and soundness. 

The Audit Committee is responsible for, among other things: 

  • keeping informed of BECU's financial condition; 
  • reviewing and evaluating the effectiveness of BECU's internal controls, including: 
  • adequate control environment and governance compliance; 
  • compliance with applicable law; and 
  • operational efficiency and effectiveness of controls; 
  • reviewing and approving the annual audit plan and all major changes to the plan; 
  • reviewing internal audit's performance relative to its plan; 
  • approving decisions regarding the appointment, replacement, or dismissal of the chief audit executive; and 
  • making a report to members at the Annual Membership Meeting. 

How Candidates Are Nominated and Vetted

Candidates interested in being considered for the Board of Directors submit resumes and letters of interest to the BECU Board of Directors and Audit Committee. After an initial screening of resumes, interviews are then conducted and candidates are nominated by the Board Nominating Committee. Members may also secure a place on the nomination slate through a petition process, which requires the signatures of 2% of BECU members. 

The nominated candidates are then elected by our general membership – that's you.

Read more about how the nominating process works

QUESTIONS? Please contact the BECU Legal Department at 800-233-2328 ext. 5050.

BECU’s corporate governance overview

Information on the application and petition process

Information on the 2017 candidates

Official Voting Procedures