SEATAC, Wash.—The Northwest Credit Union Association is preparing for its first board election under a new governance model that was approved by members earlier this year.
Board elections will take place from June 23-July 14, with those nominated for board seats the result of what the NWCUA said is a “diverse Nominating Committee” that consists of one board member and four non-board-member CEOs who represent a variety of asset sizes, charters, and areas of representation from across the Northwest. The Nominating Committee is chaired by Bob Corwin, president/CEO of Advantis Credit Union in Milwaukee, Ore.
The new board structure is the result of the earlier merger between the Washington and Oregon CU Leagues, which created the Northwest CU Association. The merger agreement called for a review of governance representation after five years, the NWCUA reported, and among the changes recommended by a Governance Review Task Force was a shift to an at-large model of representation.
The new governance model also calls for a smaller board—to nine members from 11.