Directors Election
2024 Board of Directors election, and Ordinary and Special Resolutions
When you join Coast Capital, you automatically become a member through your purchase of Membership Equity Shares. This means that you, along with all other members, have a voice in our credit union, equal access to all the services we offer, and the right to vote on certain decisions impacting the credit union.
It’s time to cast your vote for this year’s Board of Directors election, as well as the Ordinary and Special Resolutions being put before the membership. Advance voting will be available from April 1, 2024, at 8:00 am Pacific Time (PT)/11:00 am Eastern Time (ET) and will close on April 18, 2024, at 5:00pm PT/8:00pm ET. Voting will be available for those attending the Annual General and Special Meeting (AGSM) in person, and online on April 25, 2024 from 4:00 pm PT/7:00 pm ET to 4:45 pm PT/7:45 pm ET.
Read more about this year’s candidates, ordinary resolution, special resolutions, and the role of the Governance & Nominations Committee and important voting information
How to vote
Advance Voting opens April 1, 2024, at 8:00 am PT/11:00 am ET and closes on April 18, 2024, at 5:00pm PT/8:00pm ET.
There are three ways to participate and register your vote:
- Online: Take your unique 13-digit control number from the ballot you received in the mail, go to www.coastcapitalsavings.com/election and follow further instructions to submit your vote online. You can also use your smartphone or tablet to submit your vote by hovering over the QR code on your ballot. We encourage you to vote online if you’re able to do so.
- Mail-in: Use your individually mailed ballot and make your voting selections. Insert your ballot into the supplied Reply Envelope. Seal your envelope and drop it off at any Canada Post mailbox. Ballots must be received by the Returning Officer by April 18, 2024, at 5:00pm PT/8:00pm ET. If you’re a business member, online voting is not currently available to you so please mail your completed ballot in the business reply envelope provided.
- At the Annual General and Special Meeting (AGSM): Voting will be available in person and online for the Directors election and for the Ordinary and Special Resolutions during the AGSM on Thursday, April 25, 2024 with polls reopening at 4:00 pm PT/7:00 pm ET and remaining open until 4:45 pm PT/7:45 pm ET. Other voting during the AGSM will be on procedural matters only.
Please note that in-branch voting is no longer available.
Ordinary and Special Resolutions
The Board of Directors is recommending that the members approve certain ordinary and special resolutions. The two ordinary resolutions will approve the appointment of the auditor and will amend Board remuneration through the introduction of a Vice Chair Retainer. There is also one special resolution amending the aggregate Board remuneration cap in the Coast Capital Savings Federal Credit Union Rules. Read the specific proposed resolutions in our 2024 Annual General and Special Meeting and Board of Directors Election Booklet (AGSM booklet).
2024 Annual General and Special Meeting
Results of the election, and the ordinary and special resolutions will be announced at the Annual General and Special Meeting on Thursday, April 25, 2024. Results will also be posted on this page.