Today’s Poll

Credit Union board positions now open

Nelson Daily Staff
By Nelson Daily Staff
January 17th, 2011

Nelson and District Credit Union (NDCU) is now accepting applications for three opportunities for its upcoming board of director elections.

These positions provide an opportunity to actively participate in one of the most influential financial institutions in the communities of Nelson, Rossland and East Shore.

“We are looking for people who want to give back to our communities and engage our local economy in the co-operative spirit,” Doug Stoddart, CEO of the Credit Union explained. “Advocacy, debating, inquiry and collective decision making skills are all favourable qualities.”

As a community credit union, the NDCU is able to respond to economic and social challenges, and board members can see their ideas come to fruition, he added.

Andy Chute was nominated to the board in August 2005, which at the time made him the youngest credit union board member in Canada.

“I was initially reluctant to join with my lack of knowledge in the financial services industry. Representing 12,000 members, 65 staff and over $150 million in assets seemed quite daunting,” Chute said.

“However, the credit union system provides new board members with extensive director development training that quickly brought me up to speed.”

Nelson and District Credit Union was established in 1950 and has grown to over $160 million in assets and serves over 12,000 members throughout the West Kootenay area.

NDCU is a community-based financial co-operative that offers a full range of banking and financial services.

There are three community branches located in Nelson, Rossland and Crawford Bay. Visit www.nelsoncu.com for further details.

Nominations for the board are due by Friday, Jan. 28, 2011.

For direct inquiries contact Virginia Makaroff, executive assistant, at vmakaroff@nelsoncu.com or 352-7207, ext 2241.

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