The Board Election will run from January 1-March 20, 2015.

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Toby Parsons
5 years ago
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Dear Potential Candidate: Thank you for your interest in becoming a candidate for election to the AurGroup Financial Credit Union Board of Directors.

After reviewing the enclosed qualifications and job description, please complete the Board Candidate Self-Evaluation, including the biographical sketch on the last page.

1 Dear Potential Candidate: Thank you for your interest in becoming a candidate for election to the AurGroup Financial Credit Union Board of Directors. Enclosed is a packet of information for your consideration. After reviewing the enclosed qualifications and job description, please complete the Board Candidate Self-Evaluation, including the biographical sketch on the last page. The AurGroup Nominating Committee has established the following timeline for this year s election: Nomination packets must be received (not postmarked) no later than Friday, November 21, Completed packets can be mailed, dropped off or ed to the following address: AurGroup Financial Credit Union Attn: Kelly Culp 8811 Holden Blvd. Fairfield, OH kculp@aurgroup.org The Nominating Committee will review candidate information and conduct interviews December 1-12, (A maximum of 12 candidates will be chosen for the ballot.) The Board Election will run from January 1-March 20, An announcement of selected board candidates will be made at our Annual Meeting on March 31, If you have any questions about the AurGroup Board of Director position, please feel free to call or Tim Boellner, President/CEO, at or tboellner@aurgroup.org. Again, thank you for your interest in this volunteer position. Sincerely, Nominating Committee AurGroup Financial Credit Union

2 QUALIFICATIONS Candidates for election to the AurGroup Financial Credit Union Board of Directors must: 1. Be a primary member in good standing with an individual account (an organization membership does not qualify). The member must have at least $5.00 in his/her own active share account and have not caused a loss to AurGroup. 2. Be at least 18 years old. 3. Meet the bonding requirement as set by our bonding company. 4. Be a member at least six months prior to the annual meeting. 5. Possess qualifications useful in directing the affairs of AurGroup as determined by the Nominating Committee. 6. Be able to fulfill the duties and qualifications as outlined in the enclosed Job Description. 7. Meet other basic requirements as determined by the Nominating Committee. 8. Must be willing to devote the time necessary to ensure the success of the credit union. 9. Must be willing to learn about the credit union industry and meet minimum ongoing education requirements. 10. Must be open-minded and use sound judgment when working on behalf of AurGroup. 11. Employees of AurGroup are not eligible to run for the Board of Directors.

3 JOB DESCRIPTION BOARD OF DIRECTORS Duties: Establish policies for all credit union operations. o Loan terms, collection, charge-offs o Investments o Borrowing o Other Plan for the credit union s future. Ensure credit union adheres to pertinent laws, regulations and sound business practices. Ensure credit union maintains sound financial condition. Approve credit union s budgets. Answer/report to the credit union s members. Appoint committees. Hire and evaluate the CEO. Ensure the credit union achieves its goals. Ensure adequate insurance coverage.

4 Applicant Name: Date: Reviewed By: Disposition: 1

5 This self-evaluation is designed to help you make an informed decision about applying to become an AurGroup Financial Credit Union Board Member. Once this information has been reviewed by the Nominating Committee, you will be contacted for a follow-up interview. Board Membership and Integrity: Is there anything in your background that you would not want publicly known, that if discovered, would significantly embarrass you and/or AurGroup Financial Credit Union and disqualify you from being a Board member? If YES, please do not complete this application. If NO, please continue with this self-evaluation for application. Board Performance & Competencies: We have defined a set of Board Performance Criteria and Board Competencies that drive our overall Board effectiveness. Please evaluate yourself accordingly, understanding that these areas help you and us to evaluate you against the criteria as well as other interested applicants. Lack of experience in any area or even several is absolutely NOT a disqualifier but a helpful guide for your and our evaluation. Use the rating scale below and circle the appropriate number for each category. Please feel free to add any comments/experiences that may be appropriate. 5 - Extensive experience in this area 4 - Significant experience in this area 3 - Moderate experience in this area 2 - Minimal experience in this area 1 - No experience in this area I. Board Performance Criteria: Policy/Governance: Ensuring that our fiduciary responsibilities to stakeholders are met Comments/Experience: Future Direction: Overseeing the development of future goals and strategies to insure success Comments/Experience: 2

6 Committee Involvement: Being effective and efficient in examining issues and finding solutions via committees. Mergers & Acquisitions: Overseeing the due diligence of mergers & acquisitions Overseeing the CEO: Adequately monitoring the CEO s performance and compensation Succession Planning: Insuring the continuity of the company through proper succession planning at the top 3

7 II. Board Competencies: (Note new rating scale definitions for Board Competencies; then define how WELL you think you can or have operated on each competency below) 5 - My skill here is Superior 4 - My skill here is Very Good 3 - My skill here is Acceptable 2 - My skill here Nearly Acceptability 1 - My skill here is Not Strong Ethics/Integrity: Operating with a strict sense of ethics/integrity Strategy: Creating a defined strategy for the future Comments/Experience: Capabilities: Having proper experience, business acumen and leadership behavior _ Communication: Maintaining effective communication with all stakeholders _ 4

8 Teamwork: Synergizing with others to get the best results Monitoring Performance: Effectively monitoring corporate performance Planning & Organizing: Making adequate preparation for Board meetings Decision-Making: Making sound decisions and supporting them to completion Board Accountability: Taking responsibility for the ongoing development of Board members _ 5

9 Summary Sheet Date: Applicant Name: Please summarize your self-evaluation scores below by circling the appropriate rating. I. Board Performance Criteria: POLICY/GOVERNANCE FUTURE DIRECTION COMMITTEE INVOLVEMENT MERGERS & ACQUISITIONS OVERSEEING THE CEO SUCCESSION PLANNING II. Board Competencies: ETHICS/INTEGRITY STRATEGY CAPABILITIES COMMUNICATION TEAMWORK MONITORING PERFORMANCE PLANNING & ORGANIZING DECISION-MAKING BOARD ACCOUNTABILITY Please complete or attach a one-paragraph biographical sketch of yourself. This information will be used on the ballot. Include anything that you think might help the voting members make an informed decision. Please limit your one-paragraph to 120 words. 6

Here is the process to be a candidate for the Board of Directors or to be appointed as an Associate Board Member.

Here is the process to be a candidate for the Board of Directors or to be appointed as an Associate Board Member. December, 2017 Dear Potential Board of Director Candidate, The AurGroup Credit Union is a not-for-profit organization that is owned by its members. The primary function of the credit union is to serve