Columbia Valley Credit Union members are invited to cast their ballots for our Board of Directors, and vote on a resolution on director remuneration. Voting is in advance of the AGM, and voting will start on Monday, March 11 and running until 11:59 pm on Wednesday, April 10. Members can vote online through the link below or in-person at the branch. The results of the vote will be announced at the AGM on April 16, 2024.
Voter Eligibility and Election Rules
To vote, you must be:
- An adult member (19 years of age or older)
- A Columbia Valley Credit Union member for 90 days prior to March 11
Business account members who wish to vote should talk with a CVCU team member.
Board of Director Candidates
There are three vacancies to be filled and four candidates running for election. Two seats are for a 4-year term and one seat is for a 3-year term. The candidates are:
- Glen Ewan
- Lyle Johnson
- Nola Milum
- Paul Ricard
See below for a statement from each candidate.
Vote Now
Vote Now to vote now and submit your ballot online. If you want to vote in-person, please visit the CVCU branch.
Meet the candidates running for the Board of Directors
Glen Ewan
If re-elected, I look forward to working with the other directors and our CEO, Rob Parker, to provide even better service and products to our community, while safeguarding and prudently overseeing the management of the finances of our members.
I bring to the Board table the acquired skills and wisdom of more than 40 years of experience as a lawyer, six years of experience as a director of CVCU, and decades of experience as a community volunteer on a wide range of projects and boards.
As director, I am pleased that we can offer so much to our community at CVCU and that we are constantly striving to offer more.
Lyle Johnson
I have served the Columbia Valley Credit Union for over 20 years in a range of roles. Currently I am Vice Chair of the Board of Directors, Chair of the Audit Committee, and the Representative for our credit union within the Kootenay Credit Union Peer Group. I spent my career working at the Mill and recently retired after 42 years. For the past 20 years, I have also operated an eavestroughing business which I continue to run.
My experiences as a father, homeowner, long term employee of our community's largest employer, and small business owner have helped me understand the needs of our membership, and the important role that the credit union plays in supporting the financial health of our community.
I am very community minded and see my role on the board as a great way to give back to the membership of our credit union and the community. During my tenure on the board, I have developed expertise in the credit union system and a strong skill set as a Director, making me a valued member of the board.
I hope I have earned your trust and respect over the years, and that I have your support for the next three years.
Nola Milum
I have been a resident of Golden for over 60 years, and a CVCU member for about 40 of those. My husband and I operated logging equipment in Golden and much of the rest of my family are small business people in Golden. The credit union has been a key support for small business, and I am eager to give back to this important institution. I have the business background to be a valuable member of the board team.
At the same time, I volunteer extensively within the social service sector. I am Chair of the Golden and District Community Foundation and sit on the board of Golden Community Resource Society. My experience in our community with those organizations keeps me in touch with those who need support, and those who are working to address local issues.
I retired almost 2 years ago from the Golden BC Government Liquor Store, where I had been the manager for 15 years. I can be relied on for confidentiality and hard work, and I am ready to get back to it.
As a past director of CVCU, I have a deep understanding of my responsibility to members - all of you who entrust CVCU with your business, your savings, your homes. I look forward to working with the team who are protecting your assets and supporting your neighbours.
Paul Ricard
I was born in Golden, BC and have been fortunate to live here most of my life. My family came to Golden in 1881, opening the first store and was instrumental in naming the town of Golden. I have been a member of Columbia Valley Credit Union for more than 60 years. I first joined when I had to bring a dime to school in grade one or two each week to deposit at the credit union to learn about saving money.
Today, I am a retired accountant, previously holding many positions with various large companies for over 40 years. I serve on the board of the Metis Financial Corporation of BC as Board Chair, and I have previously served on many boards serving the community of Golden. My wife, Lois, and I enjoy spending time with our two sons and granddaughters, camping, fishing and golfing.
I have been on the CVCU’s Board of Directors since 2006 and have been the Board Chair for 14 years. The credit union is community, and we continue to find ways to support progress and innovation in Golden and the Columbia Valley. I am keen to continue to work alongside our dedicated CVCU team and serve on the CVCU Board of Directors.
Ordinary Resolution to be voted upon: Director Remuneration
Members are asked to vote on the following resolution:
Be it resolved, as an ordinary resolution, that the total annual director remuneration budget be increased from $80,000 to $100,000.
The remuneration budget covers meeting attendance and annual honorarium payments. The annual remuneration budget is the total budget for all seven directors.
Notice of 2023 Results - Shareholder Interest & Loan Interest Rebates
The Board of Directors of Columbia Valley Credit Union has approved payment of:
- 0.9% Interest on Class D Investment Savings Account
- 5% Loan interest rebates on all loan and mortgage interest paid (some conditions apply)
Over $427,000 was returned to our members in 2023, which includes $58,466 in donations to local community groups and initiatives and bursaries for students.
