Interested in Becoming a Director?
As a member-owned and operated organization, the leadership from a knowledgeable and skilled Board is viral to Sunrise's commitment to excellence through good governance.
Meet the Board
Sunrise Credit Union’s Board of Directors are elected by the members in a democratic one-member, one-vote system for a three-year term, up to a maximum of four consecutive terms. In addition to attending regular board meetings, each Director serves on a committee that assists the Board in its governance.
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Frequently Asked Questions
BOD Frequently asked questions
An effective director must understand the Credit Union's strategies, plans, and policies and acquire skills for decision making, planning, and policymaking and oversee the Credit Union's performance.
Individual Directors on the Board each play a vital role in the operation of the Board as a whole. Sunrise supports and encourages a well-diversified Board with Directors from various demographics, experiences, and qualities. As an aggregate, the Board should reflect the demographic makeup of Sunrise’s membership.
The successful application of credit union principles requires high standards of personal conduct. Adherence to these principles discourages:
- Use of credit union position for personal advantages.
- Engaging in any activity harmful to the best interest of the credit union.
- Persons or groups from acquiring or exercising influence in a credit union for purposes that are incompatible with credit union objectives.
Persons employed by or elected to leadership positions in credit unions obligate themselves to gain sufficient understanding and skill to carry out their duties well and to strive to increase their education.
Serving on Sunrise’s Board of Directors requires a considerable time commitment from the individual Directors. To do it well, expect to spend about 120+ hours per year in meetings, plus 120+ hours per year in preparation time. There is a fair amount of material to read and study before each meeting. Directors must do their homework and come to meetings prepared.
All new directors must complete the Credit Union Directors Achievement Program within two years of election which includes levels A,B,& C. In addition, the Accreditation exam is to be completed by the end of the Director’s first term.
As a board that is a committed to continuous learning and growth Directors are expected to participate in additional training as required.
Honorarium and meeting fees are paid to the elected Board of Directors. For more information, contact the Nomination Committee Chair by emailing elections@sunrisecu.mb.ca
Attendance is crucial at all meetings and events. The following are required activities:
- monthly Board meetings
- quarterly committee meetings
- semiannual Strategic planning session weekend
- self-directed Director training and conference
While Sunrise welcomes anyone who meets the qualifications to run for a seat on the Board, there are a set of ideal skills and attributes that contribute to an effective Board team.
The ideal skills and attributes required for each member of the Board recognize that to achieve its mission, the Board itself should reflect the communities that it serves.
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