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.
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.
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.
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.
The Board of Directors is responsible for, among other things:
The Audit Committee is responsible for, among other things:
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.
QUESTIONS? Please contact the BECU Legal Department at 800-233-2328 ext. 5050.