The call for candidates occurs in the fall of each year, and applications are typically accepted in the September/October timeframe.
Terms last three years, and they're staggered so three seats are up for election each year. The most recently elected (or reelected) Directors started their term on 3/20/19. The next term begins in March of 2020 and will end in March of 2023.
As a financial cooperative serving over 200,000 members across the state of Minnesota, our population is diverse. For that reason, we desire diverse representation on our Board of Directors. We also require broad experience in professional leadership, life, business and volunteering.
To be eligible, each candidate must be a member in good standing and be at least 18 years old.
Applicants must complete credit and reference checks regarding background and qualifications, must complete a criminal background check, and be someone whom the insurer for Affinity Plus can bond.
The Nominating Committee evaluates all applications and selects candidates for in-person interviews. All applicants will be contacted by the Committee before year-end.
Prior to the end of the year, the Nominating Committee selects a minimum of one candidate for each open seat, making a formal recommendation to the Board of Directors. Once approved, the credit union sends notice of the candidates to all members. In the case of a contested election, all credit union members would have the opportunity to vote; in an uncontested election, candidates are selected by acclamation at the annual meeting in March.
Duties & Responsibilities
Attend monthly meetings.
These are typically held at 4 p.m. on the fourth Tuesday of the month, lasting 2–3 hrs.
Monitor our financial performance.
Understanding basic finance, including the ability to read and understand a credit union’s balance sheet and income statement.
Understand relevant laws & regulations.
Specific financial education and training are available to refresh and enhance your general financial acumen.
Ask good questions & discuss.
Pose appropriate and substantive questions of management and engage in strategic discussions to enhance the future of Affinity Plus and advance the credit union industry as a whole.
Participate in educational opportunities.
These are held periodically throughout the year.
This applies to discussions in meetings and all matters pertaining to the credit union that are not public knowledge.
If you have additional questions, please feel free to contact us!