Board Recruitment and Elections

Ownership Means Having a Say

As a Libro Owner, you have the right to vote on important matters that shape the future of our credit union, with the most common vote being the Board of Directors elections.

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A Libro voting card sitting on a table

Apply to Join the Board of Directors

The Advance Nomination Period runs annually from December 15 to January 31. During this time, Libro invites eligible Owners to submit their application to be considered for election to the Board. 

If it is outside the nomination period, you are still encouraged to express your interest. Reach out to the Governance Team to be added to the list of potential candidates that will be contacted during the next Director recruitment period.  

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Libro Owner meeting with a Libro Coach
Libro Owner, Robert

Frequently Asked Questions

What can I expect from the voting process?

Board of Directors elections:

  • Voting is conducted electronically, both online and in-branch. 
  • The voting period lasts 15–20 business days, typically between March and early April. 
  • Candidate and issue information is published at the start of the voting period. 
  • Owners may vote for up to the number of available positions or as directed for other vote types. 
  • Proxy voting is not permitted, except for organizations, which may submit a written proxy signed by an authorized representative. 

Schedules for Bylaw amendments and Special Resolutions will be released as needed 

How can I nominate myself?

When available, the Nomination Package typically includes: 

  • A nomination form with personal and contact details 
  • A written declaration accepting the nomination and confirming compliance with relevant legislation 
  • Signatures from four (4) Libro Owners (non-staff) supporting the nomination. Members of the Director Recruitment and Nomination Committee can sign applicants’ nomination forms. 
  • A candidate profile and a position statement  
  • A signed Non-Disclosure Agreement to maintain confidentiality of election results until the AGM 

All materials must be submitted before the close of the nomination period. 

What qualifications do I need to be on the Board?

To be eligible, candidates must: 

  • Be at least 18 years old 
  • Be a Libro Owner in good standing 
  • Not be a current employee or immediate family member of an employee or Director 
  • Not have been employed by Libro or its subsidiaries within the past two years 
  • Have no unresolved credit issues or legal conflicts with Libro 

What We Look For 

Libro seeks candidates who reflect the diversity of our communities and bring a mix of skills, experience, and values. While no candidate is expected to be an expert in all areas, we look for demonstrated strength or potential in the following core competencies: 

  • Digital Fluency 
  • Audit, Compliance & Oversight 
  • Board and CEO Performance 
  • Credit Union Operations 
  • Financial Literacy 
  • Risk Management Oversight 
  • Governance and Ethics 
  • Leadership 
  • Strategic Planning 
  • Regulatory Environment Oversight 
  • Securitization 
  • Environmental, Social & Governance (ESG) Fluency