NOTICE of ANNUAL BUSINESS MEETING and BOARD of DIRECTORS ELECTION
As a member-owned, cooperative financial institution, Neighbors Federal Credit Union is operated under the supervision of a voluntary Board of Directors. Each year, at the Credit Union's Annual Business Meeting, Board Members are elected from the membership.
The Annual Business Meeting will be held on March 26, 2013 at 5:30 p.m. at Neighbors Federal Credit Union Perkins Branch, 12529 Perkins Road, Baton Rouge, Louisiana. All members are invited to attend. Election procedures will follow guidelines set forth by the National Credit Union Administration and approved by the Board of Directors for Neighbors Federal Credit Union.
The Board of Directors has appointed a Nominating Committee which will present names of candidates to be considered for election to fill expiring terms on the Board. The Nominating Committee serves on behalf of all members to help ensure that Board Members will be qualified and able to fulfill their duties.
Any member age 18 or older who is interested in being considered for election to the Board of Directors should provide a nomination by petition. There will be no nominations from the floor at the Annual Business Meeting. The election will be conducted by ballot only if nominees by petition qualify with the Secretary of the Credit Union by February 14, 2013. If a ballot election is held at the Annual Business Meeting, only members who are age 18 and older may vote. In the event there are no nominees by petition, those nominees presented by the Nominating Committee will be elected by general consent.
Nominations by petition must be signed by at least 500 members. Each nominee by petition must submit a written statement of qualifications and biographical data within the petition.Nominations by petition should also be accompanied by a signed certificate from the nominee stating that he or she is agreeable to nomination and will serve if elected to office.
Nominations by petition must be received at the main office of Neighbors Federal Credit Union, 12529 Perkins Road, Baton Rouge, LA 70810, by February 4, 2013, and filed with the Secretary of the Credit Union before the close of business on February 14, 2013.
At least 35 days prior to the Annual Business Meeting, the names of members recommended by the Nominating Committee, as well as names of any members qualifying by nomination by petition, will be posted in each office of Neighbors Federal Credit Union.
If you are interested in being considered for election to the Board of Directors or have questions concerning procedure, please contact:
Kathi Gill, President/CEO Neighbors Federal Credit Union P.O. Box 283 Baton Rouge, LA 70821-2831