When Metro Credit Union in Toronto and CS CO-OP in Ottawa, Ontario, merged into $2 billion (Canadian) Alterna Savings in 2005, the result was a CU with members as far as five hours from each other. That left the merged board wondering how to hold democratic elections for those members who faced geographic and time constraints. Electronic voting is really a democratic way, and it is cheaper than a postal vote, says Mary-Lu Brennan, director and chair of the nominating committee. Alterna Savings uses a third party, Evote.ca, for its electronic voting process and Web site. CUES member Bill Raker, CCE president/CEO of $790 million US Federal Credit Union in Burnsville, MN, had high hopes of implementing electronic voting at his CU. Doug Gilbertson, SVP/operations, says Veridian CU decided to look into electronic voting because of geographic limitations. Now that electronic voting is available, members can vote either on line or at the annual meeting.
Board Electronic Voting Once in place, e-board elections give more members the opportunity to vote. By Jessica Whitmore
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